In a landmark decision, the European Union (EU) has fined Meta Platforms, the parent company of Facebook, a record $1.3 billion for violations of the General Data Protection Regulation (GDPR). The penalty marks the largest-ever imposed under GDPR, reflecting the EU’s increasing scrutiny over the privacy practices of global tech companies. Meta’s violations pertain to […]
Despite facing some of the most stringent economic sanctions in modern history, Russia’s economy has shown remarkable resilience in 2024. Western nations, led by the U.S. and European Union, imposed sanctions on Russia following its invasion of Ukraine, targeting key sectors such as banking, energy, and technology. These sanctions were intended to cripple Russia’s economic
The Walt Disney Company announced that its iconic CEO, Bob Iger, has extended his contract through 2026, underscoring the entertainment giant’s commitment to navigating a rapidly changing media landscape. The decision to extend Iger’s tenure reflects Disney’s confidence in his leadership as the company seeks to strengthen its core businesses while accelerating its digital transformation.
SAN FRANCISCO, Feb 21 (Reuters) – Social media platform Reddit has struck a deal with Google (GOOGL.O), opens new tab to make its content available for training the search engine giant’s artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million per year, according to one of
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Virtual Reality (VR) is a cutting-edge technology that is revolutionizing the way we interact with computers, and it has the potential to transform many industries, including IT. VR is a computer-generated simulation of a three-dimensional environment that can be experienced using a VR headset. In the IT industry, VR is being used for a variety
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Apple is facing a number of issues in China, with geopolitical risks mounting and the economy still not firing as many would have hoped. But the biggest challenge of all, according to analysts, could be a resurgent Huawei after a purported major semiconductor breakthrough that flew in the face of U.S. sanctions. The latest chip, made
Chat GPT, or Generative Pre-trained Transformer, is a state-of-the-art language model developed by OpenAI. It has the ability to generate coherent and human-like responses to a wide variety of text-based inputs. This technology has the potential to cause a major disruption in various fields, from customer service and education to journalism and entertainment. One of
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Artificial intelligence (AI) has become an integral part of many industries, and its adoption continues to grow at a rapid pace. As we enter 2023, several AI trends are poised to shape the way we live, work, and interact with technology. In this article, we’ll look at the top five AI trends to watch out
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In January 2023, Twitter has undergone a significant transformation after being acquired by Elon Musk. The acquisition, which took place in 2022, was a result of Musk’s ambition to expand his influence beyond the realm of Tesla and SpaceX. Since the acquisition, Twitter has seen a number of changes in its user experience, policies and
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Medipath becomes a global AI-powerhouse with the deployment of Ibex solutions across 30 laboratories in France TEL AVIV, Israel, and FREJUS, France, Sept. 2, 2022 /PRNewswire/ — Ibex Medical Analytics, the leader in AI-powered cancer diagnostics, and Medipath, the largest network of private pathology labs in France, today announced a new agreement to expand the deployment of Artificial Intelligence (AI) to additional labs
