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Microsoft, Activision Deal Back in Play as UK Reopens Probe
Microsoft, Activision Deal Back in Play as UK Reopens Probe
Microsoft Corp.’s $69 billion Activision Blizzard Inc. acquisition got a new chance at winning approval from UK regulators
2023-08-22 15:20
FTC’s Khan Defends Antitrust Record After Microsoft-Activision Loss
FTC’s Khan Defends Antitrust Record After Microsoft-Activision Loss
Federal Trade Commission Chair Lina Khan defended the agency’s record in court, pushing back on criticism in the
2023-07-25 02:52
Former CEO of China's Alibaba quits cloud business in surprise move during its leadership reshuffle
Former CEO of China's Alibaba quits cloud business in surprise move during its leadership reshuffle
The former CEO of Alibaba has resigned as head of its cloud computing business in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle
2023-09-11 14:27
Amazon settles Ring customer spying complaint
Amazon settles Ring customer spying complaint
Amazon on Wednesday agreed to pay $30.8 million to settle Ring and Alexa privacy complaints filed by US regulators, including accusations that employees spied on...
2023-06-01 05:56
Google to trial AI in UK traffic light systems to reduce stop-and-go emissions
Google to trial AI in UK traffic light systems to reduce stop-and-go emissions
Google is trialling artificial intelligence (AI) in Manchester’s traffic light system to reduce stop-and-go emissions and improve the flow of vehicles. The technology giant announced the UK launch of its Project Green Light on Tuesday, working alongside Transport for Great Manchester (TfGM) to run the pilot. It coincides with Google hosting a major sustainability event in Brussels, where the firm will outline the innovations it has been working on across high-emission industries like transport and energy, including how it is using AI for climate solutions. The company said it found that half of emissions at traffic intersections come from vehicles stopping and starting. To help reduce these emissions, Google’s Green Light research initiative uses AI as well as driving trends from Google Maps to model traffic patterns and make recommendations for making the existing traffic light plans more efficient. Google said city engineers can implement these plans in as little as five minutes using existing infrastructure. The Green Light programme is live at 70 junctions across 12 cities, including Haifa in Israel, Rio de Janeiro in Brazil and Bangalore in India. Early data from those cities indicate a potential for up to 30% reduction in stops and up to 10% reduction in emissions at junctions, Google said. Manchester, the first UK city to host the pilot, has around 2,400 traffic signals and sees millions of journeys each week. Debbie Weinstein, Google UK managing director and vice president, said: “AI is the most profound technology that we’re working on today, with the potential to boost the UK’s productivity and support net zero ambitions. “That’s why we’re excited to be partnering with Transport for Greater Manchester to pilot Project Green Light here in the UK. Our aim is to make the network run as efficiently as possible and we look forward to seeing how we can use what we’ve learnt from this pilot to improve journey times for all road users David Atkin, Traffic for Greater Manchester “Already, this early stage AI-powered tool uses existing infrastructure to provide city planners with a cost-effective and efficient way to improve traffic flow, reduce stop-and-go traffic and cut emissions. “We look forward to partnering with more organisations across the country to help drive innovative solutions that unlock the benefits of AI.” David Atkin, TfGM’s analysis and reporting manager, said Greater Manchester’s road network is “complex”, adding that the needs of motorists, cyclists, pedestrians and public transport users need to be balanced. “With traffic levels now at or beyond pre-pandemic levels, we are working really hard to tackle congestion and are delighted to be amongst the first areas in the world – and the first in the UK – to work with Google on the innovative Green Light initiative,” he said. “The pilot provided valuable insights and teams from both Green Light and TfGM brought expertise and ideas to the table to improve journeys by up to 18% and reduce emissions. “Our aim is to make the network run as efficiently as possible and we look forward to seeing how we can use what we’ve learnt from this pilot to improve journey times for all road users.” Read More Broadband customers face £150 hikes because of ‘outrageous’ rises – Which? Rise of AI chatbots ‘worrying’ after man urged to kill Queen, psychologist warns William hails ‘amazing’ eco-friendly start-up businesses Royal website subject to ‘denial of service attack’, royal source says TikTok finds and shuts down secret operation to stir up conflict in Ireland Viral WhatsApp warning of cyberattack targeting Jewish people is fake
2023-10-10 21:59
Score a like-new Lenovo laptop for $360, plus a free lifetime license to MS Office
Score a like-new Lenovo laptop for $360, plus a free lifetime license to MS Office
TL;DR: As of July 26, you can grab a refurbished Lenovo ThinkPad T480 and a
2023-07-25 23:47
War in Ukraine Prompts Increased Cyberattacks on German Businesses
War in Ukraine Prompts Increased Cyberattacks on German Businesses
More than one in 10 German companies were the victim of a cyberattack last year, according to a
2023-06-12 15:58
Intuit Mailchimp Launches New Global Campaign to Help Marketers Untangle Their Clustomer Problem
Intuit Mailchimp Launches New Global Campaign to Help Marketers Untangle Their Clustomer Problem
ATLANTA--(BUSINESS WIRE)--Sep 7, 2023--
2023-09-07 22:22
Monster Hunter Now Launches Worldwide on Mobile!
Monster Hunter Now Launches Worldwide on Mobile!
OSAKA, Japan--(BUSINESS WIRE)--Sep 13, 2023--
2023-09-14 09:23
Top US Chip Gearmaker Accuses China Rival of 14-Month Spy Spree
Top US Chip Gearmaker Accuses China Rival of 14-Month Spy Spree
Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal
2023-06-15 15:46
Climate Funds Look to Regain Footing After Three Down Years
Climate Funds Look to Regain Footing After Three Down Years
Clean energy funds are in the dirt. They’ve slumped roughly 30% this year after losing almost 5% of
2023-11-22 19:52
X now valued at $19bn – less than half of what Elon Musk paid for it
X now valued at $19bn – less than half of what Elon Musk paid for it
Elon Musk’s X is now valued at about $19bn or less than half of what he paid to buy the social media company, according to a new report. The multibillionaire Tesla and SpaceX chief last year finally bought the microblogging platform that was formerly called Twitter for the price of $44bn or $54.20 per share. Mr Musk’s purchase was completed after a months-long legal battle with the company. A new internal valuation has now found there to have been a 56 per cent decrease in the company’s value over the last 12 months, suggested internal documents. Stock grants handed out to employees showed X/Twitter is now worth about $19bn, Fortune reported on Monday. Mr Musk earlier said he had overpaid for the social media platform that he called “an inverse start-up.” In March, he told employees in an email that they would receive stock awards based on a $20bn valuation of the firm. The valuation drop comes as several high-profile advertisers have withdrawn after the Tesla titan’s controversial takeover of the company. Mr Musk’s reign of the platform has been marred by mass layoffs, the chaotic roll out of a number of new features, including the site’s verification process, and the reinstatement of previously suspended high-profile accounts. The company was also rebranded X along with a new logo to replace the bird icon that had been there since the platform’s creation. There have also been rising concerns around X’s content moderation approach. The EU recently opened an investigation into the company as misinformation linked to the Israel-Hamas conflict began to spread on the platform. In July, Mr Musk shared that X is “still negative cash flow” with a “50 per cent drop in advertising revenue plus heavy debt load”. Banks involved in financing the multibillionaire’s deal to buy Twitter are also reportedly struggling to mitigate the impact of platform’s decline in value on their balance sheets. The Tesla and SpaceX boss, however, has remained optimistic about the future of the platform. Mr Musk claimed in an email last year that he saw a “clear, but difficult, path to a >$250B valuation” for the company. In a recent company meeting, he also reportedly expressed his belief that the rebranded X could serve as an all-purpose app with a range of features like job recruitment and dating services. “We’re rapidly transforming the company from sort of what it was, Twitter 1.0, to the everything app with an all-inclusive feature app where you can basically do anything you want on our system,” he said, according to The New York Times. The Independent has reached out to X for a comment. Read More Elon Musk slammed by Israel for offering to send Starlink to Gaza Elon Musk says X posts with misinformation are ‘ineligible for revenue share’ Twitter adds video calling – and lets strangers ring you Elon Musk was ‘almost in tears’ on Tesla earnings call, analyst claims Slack to retire its status account on Elon Musk’s X Tesla’s profits dip as Musk goes on rant about staff working from home
2023-10-31 14:49