Internet
Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
Mark Lenhard, CEO of U.K.-based remittances platform Zepz. Lukas Schulze | Sportsfile for Web Summit via Getty Images LONDON — British digital remittances company Zepz is laying off dozens of IT workers and is in the process of closing down business units in Poland and Kenya. Roughly 200 staff members will be impacted by the […]
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Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image
Sam Altman, CEO of OpenAI, speaks with French President Emmanuel Macron at Station F, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, Feb. 11, 2025. Aurelien Morissard | Via Reuters PARIS — Music was blaring and people were cheering at the Artificial Intelligence Action Summit in Paris on […]
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Amazon opens beauty and personal care store in Italy, as part of brick-and-mortar expansion
Amazon is opening a beauty and health products store in Milan, marking the company’s latest brick-and-mortar experiment. The store is located in the city center of Milan, Italy, and features a range of beauty and personal care items, as well as non-prescription drugs, Amazon said in a blog post. The first store, which is called […]
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Shopify takes down Ye website selling swastika shirts after Super Bowl ad
Rapper Ye, formerly known as Kanye West, performs onstage during a “Vultures 1” concert in Inglewood, California on March 14, 2024. Scott Dudelson | Getty Images Entertainment | Getty Images Shopify has taken down a site advertised by rapper Ye, formerly known as Kanye West, that sold swastika t-shirts. The rapper ran an advertisement on […]
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Shopify beats on fourth-quarter revenue, but gives mixed guidance
An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify on Tuesday reported better-than-expected sales for the fourth quarter but missed on earnings. Shares whipsawed in premarket trading. Here’s how the company did: Earnings: 39 cents per share vs. 43 cents per share expected by LSEG Revenue: $2.81 billion […]
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Sam Altman says Musk aims to ‘slow down a competitor’ with his $97.4-billion bid for OpenAI
PARIS — Elon Musk aims to “slow down a competitor” when the investor group he led put forward a $97.4 billion proposal for control of OpenAI, the company’s CEO Sam Altman told CNBC on Tuesday. Asked how seriously he is taking Musk’s bid, which Altman previously declined in a X social media post, the OpenAI chief said: “Not particularly.” […]
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Google Calendar no longer includes start of Black History Month, Pride Month
The Google Calendar logo is displayed on a tablet. Igor Golovniov | Sopa Images | Lightrocket | Getty Images Google‘s popular online and mobile calendars no longer include reference to the first day of Black History Month or Women’s History month, among other holidays and events. The company’s calendar previously had those days marked at […]
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Deepseek’s AI model is ‘the best work’ out of China but the hype is ‘exaggerated,’ Google Deepmind CEO says
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images PARIS — Deepseek’s AI model “is probably the best work” out of China, Demis Hassabis, the CEO of […]
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Hims & Hers faces scrutiny from senators on Super Bowl ad that ‘risks misleading’ patients
Hims & Hers is facing scrutiny from lawmakers over an advertisement for its weight loss offerings that’s slated to run during the Super Bowl on Sunday. Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., wrote a letter to the U.S. Food and Drug Administration on Friday expressing concerns over an “upcoming advertisement” that “risks misleading […]
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Trump delays cancellation of de minimis trade exemption targeting China imports
Employees package and sort express parcels at an e-commerce company on Nov. 1, 2024, around the Double 11 Shopping Festival in Lianyungang, Jiangsu Province of China. Vcg | Visual China Group | Getty Images President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade […]
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