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Technology

Twitter Faces Another Lawsuit Worth $500mn in Severance Pay to Former Employees

Jul 19, 2023

Twitter has become entwined in yet another legal battle after being served with a second complaint this month alleging that the firm owes former employees at least $500 million in severance pay. Chris Woodfield, a former senior programmer at Twitter, filed a proposed class action lawsuit alleging that the social media behemoth targeted older staff…

Meta Faces Rs 82 lakh Daily Fine over Privacy issues Under European Union

Jul 18, 2023

Datatilsynet, Norway's data protection regulator, reported that Meta, the parent company of Facebook, WhatsApp, and Instagram,is facing hefty fines and probable European repercussions for privacy violations.

Technology

China Introduces Regulations for AI Services like ChatGPT

Jul 16, 2023

China has issued new guidelines for generative artificial intelligence (AI), making the country one of the first in the world to control the technology that powers popular services such as ChatGPT.

Technology

Twitter Cash Flow Remains Negative, Rate limit to be Changed: Musk

Jul 16, 2023

Twitter Owner and former CEO Elon Musk stated that the company is still losing money due to its high debt load and a 50% decline in advertising revenue.

Technology

Microsoft and US Govt says Chinese hackers breached State, Commerce Depts

Jul 13, 2023

Microsoft and U.S. officials reported on Wednesday that since May, hackers with Chinese state connections have stealthily gained access to email accounts at about 25 organisations, including at least two U.S. government institutions.

Technology

Foxconn in talks to set up 4-5 semiconductor fab units in India

Jul 12, 2023

Taiwanese conglomerate Foxconn has informed the government that it wishes to create at least four to five semiconductor fabrication lines in India.

Technology

NASDAQ Welcomes Generative AI, taking over Engineers

Jul 12, 2023

Engineers and marketers at stock exchange operator Nasdaq are embracing newer artificial intelligence months after ChatGPT's debut, while its attorneys are stepping more cautiously, its chief technology and chief information officer said on…

Technology

Foxconn Withdraws from Rs 1.5 lakh crore Semiconductor Joint Venture with Vedanta

Jul 11, 2023

Foxconn, the Taiwanese electronics manufacturing behemoth, has withdrawn from the semiconductor joint-venture project with Vedanta, according to a company statement.

Technology

Comedian Sarah Silverman sues Meta, OpenAI for Copyright Infringement

Jul 10, 2023

Sarah Silverman, a comedian, and two authors have sued Meta Platforms and OpenAI for allegedly utilising their content without permission to train their artificial intelligence language models.

Technology

Bill Gates also Joins Threads with a GIF, Zuckerberg reacts

Jul 7, 2023

Bill Gates, the co-founder of Microsoft, jumped on the Threads bandwagon with a GIF just minutes after Meta debuted the software that bore a strong resemblance to Twitter.

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