The recent 20% drop in Salesforce’s stock value marks the worst trading day for the company in nearly two decades, since July 4, 2004. This significant decline came after the cloud software vendor reported fiscal first-quarter results that fell short of Wall Street’s revenue estimates for the first time since 2006. Salesforce’s revenue for the
Enterprise
PDD’s positioning as a value-for-money e-commerce platform in China has been key to its success in the market. The growth of its Temu marketplace has allowed the company to take the lead in China’s fiercely competitive e-commerce arena. Analysts have pointed out that PDD’s strategy of targeting price-conscious consumers has paid off, with the company
Jan Leike, a prominent safety researcher at OpenAI, made headlines earlier this month when he announced his departure from the company. Leike, who co-led the superalignment group at OpenAI, decided to resign just days before the team was dissolved. However, his journey did not end there, as he revealed on Tuesday that he has joined
Former top lieutenant of FTX founder Sam Bankman-Fried, Ryan Salame, has been handed a harsh sentence of 90 months in prison, accompanied by three years of supervised release. This decision came as a surprise, considering that prosecutors had only suggested a penalty of five to seven years. To make matters worse, Salame has also been
Australia’s online safety regulators clashed with X CEO Linda Yaccarino after a recent faceoff involving a temporary order blocking videos of a violent incident in Sydney. The incident involved Bishop Mar Mari Emmanuel being stabbed during a livestreamed sermon, which was widely circulated online and garnered hundreds of thousands of views. In response, Australia’s eSafety
The introduction of “AI Overviews” in Google Search has sparked intense public criticism due to the nonsensical and inaccurate results it has been producing. One major concern is the inability to opt out of these AI-generated summaries, leading to questionable information being presented to users. The feature aims to provide quick answers to search queries,
Former Tesla board member Steve Westly recently expressed concerns about CEO Elon Musk’s divided focus, suggesting that it may be detrimental to Tesla’s success. According to Westly, Musk’s attention is spread across too many areas, leading to a lack of focus on the core operations of the company. This lack of focus could be contributing
Nvidia, known initially for its 3D gaming hardware, has seen a significant transformation over the past decade. The company’s recent earnings report indicates a remarkable surge in revenue and net income, with expectations of continued growth in the first quarter. The shift towards artificial intelligence chips has fueled Nvidia’s success, with major tech giants like
Scarlett Johansson has spoken out against OpenAI CEO Sam Altman for using a voice similar to hers in the ChatGPT AI voice dubbed “Sky” despite her declining the offer. Altman approached Johansson last September and again two days before the announcement of ChatGPT-4o on May 13. Johansson declined the offer for personal reasons, but later
Artificial intelligence (AI) is undeniably shaping the future of technology and innovation. As governments worldwide compete for AI leadership, the British government has taken a significant step towards solidifying its position as a global player in AI safety. By expanding its AI Safety Institute to the United States, the UK aims to foster cross-border cooperation,