Technology
Amazon is ‘joint employer’ of some contracted delivery drivers, labor group says
A group of Amazon delivery drivers hold a labor strike at the DAX7 Amazon Sortation Center in South Gate. The police became involved due to the hold up of Amazon vehicles. Zoe Cranfill | Los Angeles Times | Getty Images Amazon should be considered a “joint employer” of some of its contracted delivery drivers, a […]
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U.S. safety regulator calls for probe of Temu, Shein over ‘deadly baby and toddler products’
Global online shopping platform Temu. Bloomberg | Bloomberg | Getty Images Two U.S. Consumer Product Safety Commission members are urging the agency to probe safety practices of “foreign-owned” e-commerce platforms such as Shein and Temu, specifically the alleged sale of “deadly baby and toddler products.” In a letter late Tuesday, CPSC Commissioners Peter Feldman and […]
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Nvidia says it didn’t receive antitrust subpoena from DOJ
Nvidia’s headquarters in Silicon Valley. Andrej Sokolow | Picture Alliance | Getty Images Nvidia on Wednesday denied reports it received a subpoena from the Department of Justice over antitrust concerns. “We have inquired with the U.S. Department of Justice and have not been subpoenaed,” an Nvidia representative told CNBC. “Nonetheless, we are happy to answer […]
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Bitcoin ETFs saw heaviest outflows in four months on Tuesday as crypto prices plunged
CFOTO | Future Publishing | Getty Images Spot bitcoin exchange-traded funds had their worst day in over four months on Tuesday as investors pulled some of their money alongside a broader market selloff. More than $287 million was withdrawn from the 11 U.S.-listed ETFs, the biggest day for outflows since May 1, according to Farside […]
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OpenAI co-founder Ilya Sutskever raises $1 billion for his new AI firm
Ilya Sutskever, co-founder and chief scientist of OpenAI, speaks at Tel Aviv University in Tel Aviv, Israel, June 5, 2023. Jack Guez | AFP | Getty Images OpenAI co-founder Ilya Sutskever, who left the artificial intelligence startup in May, has raised $1 billion from investors for his new AI company, Safe Superintelligence, or SSI. The company announced […]
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Amazon-backed Anthropic rolls out Claude AI for big business
Anthropic on Wednesday rolled out Claude Enterprise, its biggest new product since its chatbot’s debut and a step up for businesses looking to integrate Anthropic’s artificial intelligence. The Amazon-backed AI startup, founded by former OpenAI research executives, is the company behind Claude — one of the chatbots that, like OpenAI’s ChatGPT and Google’s Gemini, has exploded […]
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Microsoft dodges in-depth UK probe into hiring of staff from AI firm Inflection
Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images LONDON — Microsoft’s hiring of employees from Inflection AI, the artificial intelligence startup started by DeepMind co-founder Mustafa Suleyman, has been cleared by […]
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Bitcoin overnight sell-off takes it below $56,000 before stabilizing
Vertigo3d | iStock | Getty Images Bitcoin slid back toward $55,000 overnight as it caught up with Tuesday’s broader market sell-off. On Wednesday, the price of the flagship cryptocurrency was lower by 2% at $56,589.80, according to Coin Metrics. It fell sharply Tuesday night — to as low as $55,673.80 — with the start of […]
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Alibaba to allow payment through Tencent’s WeChat Pay for the first time on e-commerce apps
The Alibaba Group logo displayed on a mobile phone. Cfoto | Future Publishing | Getty Images Chinese tech giant Alibaba on Wednesday said that its core Taobao and Tmall e-commerce platforms will now allow payment through Tencent’s WeChat app for the first time. Previously, Alibaba’s Chinese e-commerce sites only accepted limited payment options and pushed […]
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Social media platform Bluesky attracts millions in Brazil after judge bans Musk’s X
The Bluesky logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Brazil’s recent ban of Elon Musk’s social media platform X has boosted the profile of its smaller rival, Bluesky, as people search for alternatives to voice their opinions. Bluesky said in a post that it had attracted two million new […]
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