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AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars
Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Almost three years into a largely dormant IPO cycle, venture capitalists are in […]
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Google searches are becoming a bigger target of cybercriminals with the rise of ‘malvertising’
Hackers are increasingly using online ads for malicious purposes. Often, it’s happening through routine Google searches. These schemes are dubbed malvertising, and cyber criminals are striking more often and with increased sophistication. In fall 2023, cybersecurity software firm Malwarebytes tracked a 42% increase month-over-month in malvertising incidents in the U.S. All types of brands are […]
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Rising NFL valuations mean massive returns for owners. Here’s how good the investment is
Ryan Flournoy, #18 of the Dallas Cowboys, catches a touchdown pass as Matt Hankins, #23 of the Los Angeles Chargers, defends during the first half of a preseason game at AT&T Stadium in Arlington, Texas, on Aug. 24, 2024. Ron Jenkins | Getty Images Sport | Getty Images A National Football League team today is […]
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NFL team sales are likely to stall as valuations soar
Abbie Parr | Getty Images Sport | Getty Images The Seattle Seahawks may be the next National Football League team to sell. Beyond that, it’s anyone’s guess when another franchise will change hands. Former Seahawks owner and Microsoft co-founder Paul Allen died in 2018. Since Allen’s death, the team has been controlled by a trust […]
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AI gadgets have been a bust so far. Apple aims to change that
Jaque Silva | SOPA Images | Lightrocket | Getty Images In late 2022, OpenAI’s launch of ChatGPT spurred an explosion of interest in the possibilities for artificial intelligence. Within months, some of the biggest tech companies in the world, including Microsoft, Meta and Google, joined the party, launching their own AI chatbots and generative AI […]
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Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech. Jim Cramer said Microsoft shares could bottom Wednesday — and out of all the megacap tech stocks, this Club name is the one to buy. Microsoft closed at a record high of $467 on July […]
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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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NFL’s next big media rights payday is years off — and subject to a shifting industry
A view of a ESPN cameraman during the game between the Jacksonville Jaguars and the Cincinnati Bengals on December 4, 2023 at EverBank Stadium in Jacksonville, Fl. David Rosenblum | Icon Sportswire | Getty Images In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association […]
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Nvidia tumbles, leading chip stocks lower
Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Semiconductor stocks, led by Nvidia, fell Tuesday during an overall down day for the market. The S&P 500 slid by more than […]
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Apple and Google wallets want to help make the hotel room key card obsolete
Many hotel chains are racing to replace the plastic room key with digital options, including Apple Wallet and Google Wallet apps. Plastic hotel key cards have had a rough few years. During the pandemic, touch was taboo, so touchless trends accelerated. And cybersecurity concerns have mounted around hotel key technology. Earlier this year, researchers found a vulnerability in […]
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