Category: Software / IT Services

Samuel Altman fired as CEO of ChatGPT maker OpenAI
18. 11. 2023 No Responses

Samuel Altman fired as CEO of ChatGPT maker OpenAI

Official version: Sam Altman, the Silicon Valley CEO behind the artificial intelligence-powered chatbots ChatGPT and GPT-4, has been abruptly fired by his company’s board of directors in a major shakeup for the tech industry. Microsoft-backed OpenAI said on Friday that...
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PayPal Sparks Outrage After Shutting Down Account Of Britain’s Free-Speech Union
22. 9. 2022 No Responses

PayPal Sparks Outrage After Shutting Down Account Of Britain’s Free-Speech Union

Not only can you not express certain views, you can’t defend people’s right to express them. U.S. financial tech company PayPal has been accused of a “sinister form of cancel culture” after its decision to shut down the accounts of the Free...
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Twitter covered up fake accounts and security flaws, says US whistleblower
24. 8. 2022 No Responses

Twitter covered up fake accounts and security flaws, says US whistleblower

American social media giant Twitter has been accused of hiding major security flaws as a whistleblower said the platform has been lying to customers and officials for years about its attempts to fix its leaky security of user data. Twitter misled...
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PayPal: $15 Billion buyback, new CFO
3. 8. 2022 No Responses

PayPal: $15 Billion buyback, new CFO

PayPal Holdings said on Tuesday Elliott Investment Management has an over $2 billion investment in the company, making the activist investor one of the largest shareholders in the fintech firm. The company also announced a slew of moves including appointing...
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Twitter Founder Jack Dorsey’s TBD Presents Bitcoin-Based Decentralized Web5
12. 6. 2022 No Responses

Twitter Founder Jack Dorsey’s TBD Presents Bitcoin-Based Decentralized Web5

Jack Dorsey’s Bitcoin-focused TBD business unit, a subsidiary of Block Inc., announced Friday that it is building a new decentralized web: Web5. Web5 is based on the assumption that Web3, the idea of building a decentralized web with blockchain technology...
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Cisco Crashes 20% On Catastrophic Guidance
18. 5. 2022 No Responses

Cisco Crashes 20% On Catastrophic Guidance

Cisco which has served as the backbone of the internet for the past 30 years and is the biggest maker of computer-networking equipment, reported earnings which wiped out about 20%, or $40 billion, from its market cap in seconds. What...
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China Creates AI Prosecutor That Can Identify Crimes And Press Charges
28. 12. 2021 No Responses

China Creates AI Prosecutor That Can Identify Crimes And Press Charges

Unfortunately, this isn’t a joke. China has reportedly developed an artificial intelligence program that can automatically prosecute crimes committed in the People’s Republic, according to a report in the state-friendly South China Morning Post, a...
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Facebook: Disappointing DAUs, Warning Revenue Growth Will “Decelerate Significantly”
28. 7. 2021 No Responses

Facebook: Disappointing DAUs, Warning Revenue Growth Will “Decelerate Significantly”

After yesterday’s tech bonanza which saw Google surge, Apple fall and Microsoft swing when the 3 gigacaps reported more than $57 billion in net income, we now get the 4th FAAMG – Facebook – before Amazon closes the books on...
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Microsoft is letting more employees work from home permanently
9. 10. 2020 No Responses

Microsoft is letting more employees work from home permanently

Microsoft is allowing more of its employees to work from home permanently, the company announced Friday. While the vast majority of Microsoft employees are still working from home during the ongoing pandemic, the software maker has unveiled “hybrid workplac...
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Bullying works! ByteDance Caves To Trump
1. 8. 2020 No Responses

Bullying works! ByteDance Caves To Trump

ByteDance caves to Trump, agrees to sell 100% of TikTok to Microsoft. President Trump’s insistence that the White House will ban the social-media app TikTok from the US triggered a wave of hysteria among users of the app: whatever will the...
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Massive outage hits Cloudflare
17. 7. 2020 No Responses

Massive outage hits Cloudflare

The US-based company that offers DDoS protection to its customers, reportedly came under a distributed denial of service cyber attack itself. A major outage has reportedly struck Cloudflare, a website-security company that caters to an array of websites, shutt...
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‘Delete WhatsApp unless you’re OK with surveillance,’ founder of rival Telegram messenger warns
23. 11. 2019 No Responses

‘Delete WhatsApp unless you’re OK with surveillance,’ founder of rival Telegram messenger warns

WhatsApp is a “Trojan horse” exploited to snoop on millions of users naive enough to believe that the Facebook-owned messenger differs from its parent company, long beset by privacy scandals, Telegram founder Pavel Durov said. In a lengthy post on...
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Airbnb plans to go public in 2020
20. 9. 2019 No Responses

Airbnb plans to go public in 2020

Airbnb has put to rest speculation about the timing of its IPO. The vacation rental company today took the rare step of announcing in a press release that it plans to go public next year, in 2020. The startup, which...
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MoneyGram soars 168% from Ripple symbolic investment
19. 6. 2019 No Responses

MoneyGram soars 168% from Ripple symbolic investment

On Tuesday, money-transfer company MoneyGram saw its stock soar an eye-popping 168% after banking software company Ripple announced it will buy $30 million of MoneyGram shares at a huge premium of $4.10 per share, with the option to buy another...
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Facebook has finally revealed the details of its cryptocurrency Libra
18. 6. 2019 No Responses

Facebook has finally revealed the details of its cryptocurrency Libra

Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with small fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery...
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