Tech News - The Who Dat Daily - Page 422

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Nvidia restarting manufacturing of China AI chip variant, CEO says

Nvidia is restarting manufacturing of one of the company’s chips that is designed to comply with U.S. ‌export restrictions on China,...

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US securities regulator issues long-awaited crypto guidance

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UBS faced technology outage that impacted trading business, Bloomberg News reports

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/ 6 months ago

Alibaba seeks to raise $3.2 billion via convertible notes to boost cloud capabilities

China’s Alibaba , is looking to raise about $3.2 billion in a zero-coupon convertible note offering to strengthen its cloud infrastructure...

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/ 6 months ago

Netflix’s chief product officer Eunice Kim to leave

Netflix said on Wednesday that Eunice Kim, its chief product officer since 2023, will leave the company.Read More

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/ 6 months ago

US Senator Wyden pushes FTC to investigate Microsoft for ‘gross cybersecurity negligence’

U.S. Democratic Senator Ron Wyden on Wednesday requested the Federal Trade Commission “investigate and hold Microsoft responsible” for its role in...

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/ 6 months ago

OpenAI, Oracle sign $300 billion computing deal, WSJ reports

OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle , among biggest...

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/ 6 months ago

Paramount appoints Meta executive Dane Glasgow as chief product officer

Paramount said on Wednesday that Meta executive Dane Glasgow will join the media company as its chief product officer.Read More

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/ 6 months ago

Slim iPhone Air may be a design win for Apple, but AI doubts linger, analysts say

Apple CEO Tim Cook channeled his predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the...

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/ 6 months ago

Klarna valued at nearly $20 billion as shares jump in NYSE debut

Klarna shares jumped 30% in their hotly anticipated New York debut, valuing the Swedish fintech at $19.65 billion, ending the company’s...

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/ 6 months ago

Italy’s Bending Spoons to take Vimeo private in $1.38 billion deal

Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending...

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/ 6 months ago

Sweden’s Klarna shifts AI focus from cost cuts to growth

The CEO of Sweden’s Klarna , one of the early adopters in Europe of artificial intelligence, says the company may have...

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/ 6 months ago

Oracle soars on AI cloud gains, Ellison closes in on Musk as world’s richest

Oracle shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion‑dollar...

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