Apple shares surged to an all-time high on Monday, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone. Data from research firm Counterpoint showed the iPhone 17 series outperformed its predecessor in early sales in China and the … Read more
SpaceX has settled a lawsuit filed by the maker of the popular party game Cards Against Humanity over accusations that Elon Musk’s rocket company trespassed and damaged a plot of land the card company owns in Texas. Texas court records show a settlement was reached in the case last month, just weeks before a jury … Read more
CLEVELAND — CLEVELAND (AP) — An Ohio common pleas judge granted a temporary restraining order on Monday, which would allow high school athletes in the state to enter into deals that profit off their talent. Franklin County Common Pleas Court Judge Jaiza Page issued her order on Monday, which could allow all students who are … Read more
The owner of CNN, HBO and the Warner Bros. movie studio revealed that it has received acquisition interest from multiple suitors. Source link
Amazon Web Services (AWS) is a cloud storage and computing provider that hosts many of the world’s most-used online services including Netflix, WhatsApp, ChatGPT, Fortnite, Snapchat, Roblox, Signal, Reddit, Canva, and even multiple government websites. It has cornered 30 per cent of the global cloud computing market with much of that traffic running through several … Read more
WASHINGTON — WASHINGTON (AP) — President Donald Trump said Monday that the U.S. commands “great respect” from Beijing and that he will reach a “fantastic deal” with Chinese President Xi Jinping when the two leaders meet soon. Trump’s remarks come after Beijing infuriated him by expanding export controls on rare earth products that are used … Read more
NEW YORK — NEW YORK (AP) — Young jobseekers, challenged by a rapidly changing labor market, are having a tough time. The U.S. unemployment rate for 22- to 27-year-old degree holders is the highest in a dozen years outside of the pandemic. Companies are reluctant to add staff amid so much economic uncertainty. The hiring … Read more
The S&P 500 is nearing another record, but some analysts caution that a host of factors may stall its momentum. Source link
OpenAI, on Monday, October 20, released a joint statement with Hollywood actor Bryan Cranston, major Hollywood agencies, and the SAG-AFTRA union. In the statement, the AI giant headed by Sam Altman said that it has strengthened the guardrails on Sora 2 over replication of celebrity likenesses and voices. OpenAI’s recently launched video generation model, Sora2, … Read more
A massive internet outage stemming from errors in Amazon cloud services on Monday morning demonstrated just how many people rely on the corporate behemoth’s computational infrastructure everyday — and laid bare the vulnerabilities of an increasingly concentrated system. But despite its omnipresence, most users don’t know what — or where — the cloud is. Here … Read more