PayPal hires Walmart exec as chief technology officer in AI push
PayPal has hired one of Walmart’s top tech executives Srini Venkatesan to head up the company’s push into artificial intelligence…
AI stock frenzy resembles dot-com bubble and may explode disastrously, experts warn
Experts say the AI mania has shades of the dot-com and housing bubbles and could end painfully. Cheap money and…
Trending tickers: Nvidia, Constellation and Dell
Nvidia is leading the pre-market trading as the artificial intelligence darling and chipmaker surpassed Microsoft (MSFT) to become the most…
Exclusive-Ferrari’s first electric car to cost over $500,000
Ferrari’s first electric car will cost at least 500,000 euros ($535,000), as the luxury automaker prepares to open a plant…
Vodafone Raises $1.8 Billion in Indus Towers Stake Sale
Vodafone Group Plc subsidiaries have raised about $1.8 billion in proceeds by selling shares in India’s Indus Towers Ltd. The…
Netflix Uses ‘Squid Game’ Playbook for Untapped Southeast Asia
Netflix Inc. is ramping up local production in Southeast Asia, aiming to boost its subscriber base in the populous region…
Adobe is having a terrible month
The Department of Justice is suing Adobe over deceptive subscription practices. The lawsuit claims Adobe hides fees and makes it…
Apple reportedly has plans for a thinner iPhone, MacBook Pro and Apple Watch
Just how thin can a Macbook Pro get? We may soon find out. Apple’s mission to make its thinnest product…
McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral
McDonald’s is removing its Automated Order Taker technology from over 100 restaurants. The food chain collaborated with IBM in 2021…
Oil’s Run of Gains Comes to Halt as Risk-Off Sentiment Flares
Oil declined, paring a weekly gain, on a risk-off tone in wider financial markets and more signs of robust global…