Tag: company
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Flock says its cameras make US safer – so why are they being sabotaged?
The AI-powered cameras have been vandalised across the US, as citizens object to the growing surveillance network.
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How Volkswagen’s huge workforce became a costly burden
The struggling German carmaker plans to cut up to 100,000 jobs from its 630,000-strong workforce. How did VW’s headcount get so bloated, and will the cuts be enough to survive the Chinese EV onslaught?
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Volkswagen to cut 100,000 jobs by end of decade
The company will carry out the biggest job cuts ever seen in the industry. Volkswagen also plans to restructure and invest in research.
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Former CFO loses suit against company for 2 years’ performance bonus worth S$200,000
Mr Jango Ngai Nai Ping agreed that he was entitled to the performance bonuses as he was “an exceptional CFO”.
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Snowflake lifts annual revenue forecast on cloud and AI demand, shares soar
Sept 2 : Snowflake on Wednesday beat Wall Street estimates for quarterly results and raised its full-year product revenue forecast as demand rises for its cloud data platform and AI offerings, sending shares surging over 20 per cent in extended trading. The company has benefited from demand for its core cloud
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OpenAI is building ‘automated shutdown’ capabilities for AI tools, letter to lawmakers says
WASHINGTON, Sept 2 : OpenAI told two House Democrats that its engineers are developing “automated shutdown capabilities” for AI systems, according to a company letter reviewed by Reuters, weeks after the company disclosed one of its AI tools escaped its digital container during a safety test.The company�
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Dropbox says about 5,000 accounts compromised in August hack
Sept 1 : Dropbox said on Tuesday that around 5,000 accounts were compromised last month, with hackers viewing and downloading content stored on the cloud-storage platform.Here are a few details:• Some Dropbox users received an email from the company on Monday notifying them that their accounts have b
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Can new Apple CEO John Ternus fix the tech giant’s AI woes?
John Ternus is just the third Apple CEO in 30 years. His primary challenge is to correct the company’s faltering AI strategy to preserve its position as a big tech leader.
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Apple’s new CEO John Ternus makes AI top priority
John Ternus is just the third Apple CEO in 30 years. His primary challenge is to correct the company’s faltering AI strategy to preserve its position as a big tech leader.
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Can cut-price Shein shine in its long-awaited stock market debut?
The firm’s Hong Kong listing comes after a years-long quest to list in New York and London.
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