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Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms’ customers
UKRAINE – 2022/01/07: In this photo illustration a Microsoft Azure logo seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — Microsoft on Tuesday was accused of unfairly overcharging customers of rival cloud companies in a lawsuit claiming damages of more than £1 […]
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Elon Musk asks court to block OpenAI from converting to a for-profit
Elon Musk is asking a federal court to stop OpenAI from converting into a fully for-profit business. Attorneys representing Musk, his AI startup xAI, and former OpenAI board member Shivon Zilis filed for a preliminary injunction against OpenAI on Friday. The injunction would also stop OpenAI from allegedly requiring its investors to refrain from funding […]
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In the new space race, hackers are hitching a ride into orbit
The unoccupied space-facing port on the International Space Station’s Harmony module is pictured several hours before the SpaceX Dragon Freedom spacecraft would relocate there after undocking from Harmony’s forward port. NASA Johnson Space Center In the race to conquer the cosmos, the greatest challenge to space exploration might be the vastness of the unknown, but […]
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Oracle is on pace for the best year since 1999. What led to the meteoric rise
Bets on artificial intelligence and the buildout of large language models have hoisted shares of a once ubiquitous megacap technology stock to its best year in a quarter century. Oracle has soared 75% this year, headed for its second-best year on record and best since 1999, when shares roughly quadrupled in price. ORCL YTD mountain […]
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CNBC’s Inside India newsletter: The causes and costs of India’s brain drain
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Four years ago, Keshav Raj graduated with a degree in computer science from the prestigious SRM Institute […]
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