Apple AirTag Todd Haselton | CNBC Apple and Google said on Tuesday that they were working together to prevent lost item trackers like Apple’s AirTag from being used to track people without their permission. The companies came together to draft a new industry standard that will add the ability to …
Read More »Monthly Archives: May 2023
Qatar Airways CEO welcomes new Saudi carrier
A Qatar Airways Boeing 777-200LR flying out of Malaga Costa del Sol airport. Sopa Images | Lightrocket | Getty Images Qatar Airways says it welcomes the competition from the new Saudi Arabian flag carrier Riyadh Air, although acknowledging a range of challenges and headwinds that the wider industry is currently …
Read More »Morgan Stanley plans 3,000 layoffs
The logo of Morgan Stanley is seen in New York Shannon Stapleton | Reuters As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America and Citigroup have turned to job cuts in recent weeks. Morgan Stanley plans to eliminate roughly …
Read More »Samsung bans use of AI like ChatGPT for staff after misuse of chatbot
Chung Sung-jun | Getty Images News | Getty Images Samsung is restricting the use of so-called generative artificial intelligence tools such as ChatGPT for employees after the company discovered such services were being misused. The South Korean technology giant confirmed to CNBC Tuesday that it is temporarily restricting the use …
Read More »DCG-owned crypto exchange Luno loses top global exec as woes mount
DCG, Luno’s parent company, has been grappling with the ongoing fallout from last year’s plunge in token prices and the collapse of FTX. Rafael Henrique | Sopa Images | Lightrocket via Getty Images Vijay Ayyar, a senior executive at cryptocurrency exchange Luno and one of its earliest employees, is leaving …
Read More »Pfizer (PFE) Q1 earnings report 2023
Pharmaceutical Pfizer Inc. said that an oral drug for treating COVID-19 could be available by end of 2021. Soumyabrata Roy | NurPhoto | Getty Images Pfizer on Tuesday reported first-quarter revenue and adjusted earnings that topped Wall Street’s expectations, despite a decline in sales driven by the lower demand for …
Read More »Uber Q1 earnings report 2023
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Shares of Uber popped 9% in premarket trading Tuesday after the company reported first-quarter results that beat analysts’ expectations for revenue. Here’s how the company did: …
Read More »One-pilot planes are a possibility as aviation embraces A.I., Emirates president says
Tim Clark, Emirates president, says we “might” see one-pilot aircraft in the future. Tobias Schwarz | Afp | Getty Images As the aviation sector starts to embrace artificial intelligence, planes flying with just one pilot are a possibility, according to Emirates President Tim Clark. “You might see a one-pilot aircraft,” …
Read More »Tony Nominations 2023 Live Updates: How to Watch
Updated May 2, 2023, 6:31 a.m. ET May 2, 2023, 6:31 a.m. ET Ariana DeBose will return this year after hosting last year’s Tony Awards ceremony. Credit…Sara Krulwich/The New York Times Nominations for this year’s Tony Awards, which honor plays and musicals performed on Broadway, are being announced on Tuesday …
Read More »Strategist left unconvinced by Jamie Dimon’s crisis comments
Workers are seen inside of a First Republic Bank office on May 01, 2023 in San Francisco, California. Justin Sullivan | Getty Images JPMorgan Chase CEO Jamie Dimon’s assertion that recent turmoil in the banking sector was effectively ended by the resolution of First Republic may be premature, one analyst …
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