List of All Articles with Tag 'tec'

Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a

SEOUL South Korea's largest telco SK Telecom said it will invest $100 million in U.S. artificial intelligence firm

A Federal court of Australia on Monday ordered Dell Technologies' local unit to pay a A$10 million ($6.46

Mark Zuckerberg, CEO of Meta Platforms Inc., said it’s “time to move on” from speculation that there will

Mark Zuckerberg has said he is moving on from a rumoured cage fight with Elon Musk, claiming the Tesla founder “isn’t serious”. The rival billionaire tech bosses seemingly agreed to a brawl in June when Mr Musk tweeted that he was “up for a cage fight”. Mr Zuckerberg, who manages Facebook and Instagram, took a screenshot of Mr Musk’s tweet, replying “send me location”. However, on Sunday he said on social media platform Threads:”I think we can all agree Elon isn’t serious and it’s time to move on. “I offered a real date. Dana White (UFC boss) offered to make this a legit competition for charity. “Elon won’t confirm a date, then says he needs surgery, and now asks to do a practice round in my backyard instead. “If Elon ever gets serious about a real date and official event, he knows how to reach me. Otherwise, time to move on. I’m going to focus on competing with people who take the sport seriously.” Mr Musk, owner of social media platform X, formerly named Twitter, appeared to suggest the fight would be held in an “epic location” in Italy. He outlined streaming options and an ancient setting for the proposed event, claiming he had spoken to Italian Prime Minister Giorgia Meloni. Tensions have been high between the two tech billionaires’ companies after the launch of Threads, a text-based conversation app, by Mr Zuckerberg’s Meta in July. Twitter sent a cease-and-desist letter to Mr Zuckerberg after the launch, claiming Meta had made “unlawful misappropriation of Twitter’s trade secrets and other intellectual property”. Mr Zuckerberg is trained in mixed martial arts, posting about completing his first jiu jitsu tournament earlier this year. Mr Musk said last week he was training for the fight by lifting weights. He wrote on X: “Don’t have time to work out, so I just bring them to work.” Read More Elon Musk reveals more dramatic details of fight against Mark Zuckerberg UFC boss in talks to stage Musk vs Zuckerberg at Roman Colosseum Zuckerberg says he is ‘ready today’ but ‘not holding breath’ for cage fight with Musk Mark Zuckerberg reveals his 4,000 calorie diet and large McDonald’s order Meta’s Twitter rival Threads sees ‘steep drop in daily users by 80 per cent’ Vote to empower autonomous ‘robotaxis’ from Cruise and Waymo divides San Francisco

Chancellor Olaf Scholz sees upcoming green tech investments in Germany helping revive growth in Europe’s largest economy. Spending

Bitcoin ETF candidates got another dose of disappointment when US regulators on Friday punted on making a decision

Alexandra is a very attentive girlfriend. "Watching CUBS tonight?" she messages her boyfriend, but when he says he's too busy to talk, she says, "Have fun, my hero!"

ERBIL (Reuters) -Iraq's telecoms ministry said it will lift a ban on the Telegram messaging app on Sunday, which was

For months, Eveline Fröhlich, a visual artist based in Stuttgart, Germany, has been feeling "helpless" as she watched the rise of new artificial intelligence tools that threaten to put human artists out of work.

Private equity firm Thoma Bravo LLC agreed to extend its closing date on a $2.3 billion acquisition of

Disney will dramatically increase the price of its streaming service. Disney+ prices will rise by as much as 27 per cent, with the company saying that it is facing a challenging market. At the same time, the company will roll out an ad-supported tier in the UK, that will allow customers to subscribe for £4.99 per month. And its chief executive, Bob Iger, said that next year it would be looking to launch a password sharing crackdown to attempt to force different households to have their accounts. The moves follow similar changes at Netflix and other streaming services, many of which have recently launched price increases, ad-supported tiers and password sharing crackdowns of their own. The introduction of the new ad-supported tier in the UK means that the price of access to Disney+ has dropped. Prices previously started at £7.99. The new changes will also bring a new option, called Disney+ Standard, which will cost £7.99. That comes at the current price but removes options such as 4K streaming and the ability to stream on four devices at once. The existing tier will become Disney+ Premium and cost £10.99 per month. If users do not opt out of that change, they will face a £3 per month price increase. Similar price increases will go into effect elsewhere, across the US and Europe. In. the US, the price of Disney+ will rise up to 27 per cent, to $13.99 per month, and a similar rise will go into effect at Hulu. Disney’s announcements came as it revealed its recent quarterly results, doing which chief executive Bob Iger acknowledged that the entertainment company faces a “challenging environment” in the near term. But he emphasized progress in cutting costs and focusing on creativity, even as quarterly results showed Disney‘s soft spots. Disney’s stock rose nearly 3% in after-hours trading, as Iger touted $1 billion in operating-income improvement at the company’s streaming business over the last three quarters, which is aiming for profitability in 2024. He said Disney will reduce the number of titles it releases and also the cost per title. Disney said it cut losses at its streaming video services to $512 million in its fiscal third quarter from about $1.1 billion a year ago. It added 800,000 Disney+ subscribers, 100,000 subscribers shy of analyst estimates, and shed 12.5 million subscribers to the Disney Hotstar service in India, or nearly a quarter of its subscribers, as it gave up rights to Indian Premiere League cricket matches. “Disney will have to cut prices from current levels in an effort to stimulate demand and defend its market share in an increasingly competitive industry,” said Jesse Cohen, senior analyst at Investing.com. Additional reporting by agencies Read More How much of a threat does AI really pose? Get your ticket for our free event Elon Musk reveals more dramatic details of fight against Mark Zuckerberg Warning over ‘dangerous’ carbon monoxide alarms for sale on eBay and Amazon How much of a threat does AI really pose? Get your ticket for our free event Elon Musk reveals more dramatic details of fight against Mark Zuckerberg Warning over ‘dangerous’ carbon monoxide alarms for sale on eBay and Amazon