Technology - CybAI news

15 Aug

Qualcomm Extends Sponsorship of Manchester United Until 2029

stp2y0 CommentsRAG modelseurope, Football, industries, INTEL CORP, MANCHESTER UNITED PLC-CL A, MICROSOFT CORP, Mobile Phones, QUALCOMM TECHNOLOGIES INC, smartphone, Software Company, TEAMVIEWER SE, Technology

Qualcomm Inc., the biggest maker of chips that run mobile phones, extended a new sponsorship deal with Manchester United Football Club until 2029, saying the tie-up is already boosting its Snapdragon brand.The logo for Snapdragon — a lineup of processors that run devices — has already been seen more than 2 billion times because of the partnership, the company said in a statementBloomberg Terminal Thursday. The US technology company acquired the rights to put the name on the front of Manchester United’s shirts and place labels of partners, including Microsoft Corp., on the back. Source link lol

15 Aug

Chevron-Backed Cleantech Firm Gets Up to $100 Million From Canada

stp2y0 CommentsRAG models3M CO, canada, CHEVRON CORP, Government, green, industries, new york, Singapore, SVANTE TECHNOLOGIES INC, Technology, UNITED AIRLINES HOLDINGS INC, Valuation, Vancouver

Canada’s new green technology fund is putting as much as $100 million into a carbon-capture firm that’s backed by Chevron Corp. to help it commercialize its technology.Svante Technologies Inc., based near Vancouver, has developed filters to catch carbon dioxide out of the air and concentrate it for other uses. The Canadian government’s Canada Growth Fund has agreed to inject $50 million through a convertible note, with a further $50 million potentially available for future projects. Source link lol

15 Aug

China Adds Metal Used in Ammo to List of Restricted Exports

stp2y0 CommentsRAG modelsartificial intelligence, Beijing, china, europe, Exports, Government, military, National Security, Technology, US GEOLOGICAL SURVEY, Washington

China is tightening its grip over global critical-mineral supplies by placing export controls on antimony, a metal used widely in ammunition and other military applications that’s seen a surge in prices this year. The country will apply the restrictions to antimony and antimony-related materials from Sept. 15 in order to safeguard national security, according to a statement from the Ministry of Commerce on Thursday. That adds to earlier controls on other critical minerals including gallium and germanium, which have set off alarm bells in Washington. Source link lol

15 Aug

OpenAI’s Altman Fuels Rumor Mill As Users Await New Releases

stp2y0 CommentsRAG modelsAlex V Volkov, ALPHABET INC-CL A, APPLE INC, artificial intelligence, business, Garry Tan, Hedge Funds, sam altman, social media, startups, Technology, Tim Cook

The CEO has egged on speculation about the startup’s next big AI breakthrough. Source link lol

15 Aug

MGM Resorts Joins With Grupo Globo for Online Betting in Brazil

stp2y0 CommentsRAG modelsBETMGM, brazil, Gambling, Gary Matthew Fritz, GRUPO GLOBO, MGM RESORTS INTERNATIONAL, regulation, Rio de Janeiro, Sao Paulo, sports, Technology

MGM Resorts International formed a joint venture with Rio de Janeiro’s Grupo Globo to tackle the growing Brazilian sports and online betting market.If their license is approved later this year, the pair plan to launch in early 2025 under the BetMGM brand, according to a statement from the companies. The operation will be headquartered in Sao Paulo. Source link lol

15 Aug

Mobile Networks Market Sees ‘Glimmer of Hope’ After Long Decline

stp2y0 CommentsRAG models5G Network, Asia, china, cities, DELL TECHNOLOGIES -C, ERICSSON LM-B SHS, india, NOKIA OYJ, North America, Radio, Technology

The years-long decline in demand for radio access networks that has battered sales at mobile equipment makers Ericsson AB and Nokia Oyj is showing signs of stabilization, according to a report from Dell’Oro Group Inc.Three of the six regions tracked by Dell’Oro showed signs of growth in the second quarter, compared to one region in the prior period, said the Redwood City, California-based telecom research company, whose reports are widely watched by the industry. Source link lol

15 Aug

Soros, Druckenmiller Pared Megacap Holdings Ahead of Summer Rout

stp2y0 CommentsRAG modelsALPHABET INC-CL A, AMAZON.COM INC, BBG MAGNIFICENT 7 PR USD, David Alan Tepper, Fund Management, George Soros, Markets, META PLATFORMS INC-CLASS A, NVIDIA CORP, SEVEN, stocks, Technology

George Soros and Stanley Druckenmiller’s investment firms trimmed their holdings in “Magnificent Seven” stocks before this year’s ebullient run-up in technology companies gave way to a major downturn in mid-July.Soros Fund Management sold some of its stake in Alphabet Inc. totaling $58 million, and about $15 million of Amazon.com Inc., according to regulatory filings for the three months ended in June. Source link lol

15 Aug

Google’s Search Dominance Leaves Sites Little Choice on AI Scraping

stp2y0 CommentsRAG modelsALPHABET INC-CL A, artificial intelligence, bing, business, Influencers, MICROSOFT CORP, POINTS SAS, REDDIT INC-CL A, social media, software, startups, Technology

The convenient artificial intelligence answers Google now puts at the top of its search results come at steep cost to websites that users would otherwise visit. But many site owners say they can’t afford to block Google’s AI from summarizing their content.That’s because the Google tool that sifts through web content to come up with its AI answers is the same one that keeps track of web pages for search results, according to publishers. Blocking Alphabet Inc.’s Google the way sites have blocked some of its AI competitors would also hamper a site’s ability to be discovered online. Source link…

15 Aug

Grab Revenue Misses Estimates in Sign Turnaround Still Fragile

stp2y0 CommentsRAG modelsAsia, Earnings, Indonesia, Interest Rates, new york, Peter Oey, Southeast Asia, startups, Taxes, Technology, UBER TECHNOLOGIES INC

Grab Holdings Ltd. shares slumped after the ride-hailing company reported quarterly revenue growth that trailed estimates, highlighting intense competition in the Southeast Asian market.The stock slid 10% in pre-market trading in New York after the company said revenue rose 17% to $664 million in the three months through June, missing the $676.9 million analysts predicted on average. Adjusted earnings before interest, taxes, depreciation and amortization were $64 million, roughly in line with estimates. Source link lol

15 Aug

Alphabet Shares Face Months of Uncertainty on New Breakup Risk

stp2y0 CommentsRAG modelsALPHABET INC-CL A, android, APPLE INC, artificial intelligence, Earnings, Investment Management, iphone, justice department, Technology, Wall Street, youtube

Alphabet Inc. investors are facing a long period of uncertainty as they grapple with a scenario they previously saw as unlikely: a possible breakup of Google.A bid to break up Google is being considered by the Justice Department, Bloomberg News reported Tuesday, with the most likely units for divestment the Android operating system and the Chrome web browser. The news surprised Wall Street, which had seen a breakup as unlikelyBloomberg Terminal even after a federal judge ruled earlier this month that Google has illegally monopolized the search market. Source link lol