Firms including Amazon to buy $180 million in carbon credits from namesake rainforest

SAO PAULO — Amazon and other companies have agreed to buy about $180 million worth of carbon offset credits that will support the preservation of its namesake rainforest in the…

Microsoft plans to invest $4 billion in France, while Amazon will invest $1.3 billion

Amazon said on Monday it would create more than 3,000 permanent jobs in France and invest more than 1.2 billion euros ($1.3 billion) in its French economic operations, Reuters reported.…

Internet cable damage in Red Sea disrupts traffic globally

WASHINGTON: Damage to undersea cables in the Red Sea is disrupting telecommunications networks, forcing providers to reroute up to a quarter of traffic between Asia, Europe and the Middle East,…

OpenAI introduces AI model that turns text into video

Microsoft-backed OpenAI is working on software that can generate minute-long videos based on text prompts, the company said Thursday. The software, called Sora, is currently available for the red team…

Apple, Microsoft win exemptions for iMessage, Bing from EU rules

BRUSSELS — Apple has been granted an exemption for its iMessage and Microsoft for its Bing search engine from new EU tech rules after the companies convinced antitrust regulators that…

AI frenzy puts Nvidia briefly ahead of Amazon in market value

Nvidia briefly overtook Amazon.com Inc in market capitalization on Monday as euphoria over artificial intelligence catapulted the chipmaker to the fourth most valuable U.S. company. At a record high of…

Google lays off hundreds of employees in bid to minimise expenses

In an effort to cut costs, Google has laid off hundreds of employees from several departments, including the engineering division, the hardware division that makes Fitbit and the Pixel phone,…

Netflix removes Indian film with meat-eating scene after Hindu backlash

MUMBAI: Netflix has removed an Indian-language film from its platform after the film faced backlash on social media for showing a Hindu priest’s daughter eating meat.Hindus are India’s largest religious…

2024 expected to be the year of AI glasses

As we reported in 2024, the tech world is awash with the expected dominance of AI glasses, stealing the limelight from Apple’s anticipated Vision Pro augmented reality platform.Initially met with…

Verified by MonsterInsights