CHIPMAKER INTEL TO CUT 15,000 JOBS AS TRIES TO REVIVE ITS BUSINESS AND COMPETE WITH RIVALS

Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.

WHAT INVESTORS SHOULD DO WHEN THERE IS MORE VOLATILITY IN THE MARKET

U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average investor may still be understandably spooked.

FINANCIAL MARKETS AROUND THE WORLD STABILIZE AFTER RECENT ROUT. HERE'S WHAT TO KNOW

Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday.

ELON MUSK SUES OPENAI, RENEWING CLAIMS CHATGPT-MAKER PUT PROFITS BEFORE 'THE BENEFIT OF HUMANITY'

This week Elon Musk filed a lawsuit against OpenAl and two of its founders, Sam Altman and Greg Brockman, renewing claims that the ChatGPT-maker betrayed its founding aims of benefiting the public good rather than pursuing profits.

NVIDIA IS FACING AN ANTITRUST PROBE FROM US REGULATORS AMID COMPETITOR COMPLAINTS, REPORT SAYS

Antitrust tensions are heating up in the chipmaking industry.

APPLE BREAKS OUT OF RECENT SALES SLUMP AS IT GEARS UP TO MAKE ITS LEAP INTO THE AI CRAZE

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that's expected to juice demand for its next iPhone.

A JUDGE HAS BRANDED GOOGLE A MONOPOLIST.BUT AI MAY BRING ABOUT QUICKER CHANGE IN INTERNET SEARCH

A federal judge has branded Google as a ruthless monopolist bent on suffocating it competitors. But how do you go about creating alternatives to a search engine that’s synonymous with internet exploration?

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TESLA ATTORNEYS ASK JUDGE TO VACATE DECISION INVALIDATING MASSIVE PAY PACKAGE FOR ELON MUSK

Attorneys for Elon Musk and Tesla's corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive and unprecedented pay package for Musk. has context menu

BOEING'S NEW CEO VISITS FACTORY THAT MAKES THE 737 MAX, INCLUDING JET THAT LOST DOOR PLUG IN FLIGHT

A new chief executive takes over at Boeing on Thursday, and he plans to walk the floor of the factory near Seattle that has become the heart of the aerospace giant’s troubles.

DELTA FACING CLASS ACTION LAWSUIT OVER TECH OUTAGE; CUSTOMERS SEEKING REFUNDS

Delta Air Lines is facing a class action lawsuit, which claims the airline refused to give refunds following a global technology outage last month.

ADDICTED TO THE OLYMPICS A TURNAROUND THE PEACOCK STREAMING SERVICE PROBABLY CONTRIBUTED FOR

Four boxes with live Olympics action filled Peacock’s screen during its “Gold Zone” show one afternoon this week — one showing women hammer toss competitors, another with long jumpers going aloft, a third with racers leaping hurdles and the last showing the minutes counting down in the U.S.-Germany women’s soccer match.

China Is Restricting Export of Drones That Can Be Used for Military Purposes and Some Drone Features

China will ban the export of all unregulated civilian drones that can be used for military purposes or in terrorist activities and restrict certain drone features as Beijing faces repeated Western criticism for its stance on the Russian invasion of Ukraine.

UBER, CHINA'S BYD, FORM PARTNERSHIP TO DEPLOY 100.000 EVS IN EU AND LATIN AMERICA

The ride sharing giant Uber and Chinese automaker BYD plan a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin America, eventually expanding to other markets, the companies announced.

MICROSOFT SAYS THAT A CYBERATTACK TRIGGERED THE HOURS-LONG OUTAGE IMPACTING AZURE CUSTOMERS

A global Microsoft Azure outage that impacted a range of services for consumers Tuesday — from reports of stalling Outlook emails to trouble ordering on Starbucks’ mobile app — was triggered by a distributed denial of service cyberattack, according to the tech giant.

FACEBOOK PARENT META POSTS STRONGER-THAN-EXPECTED Q2 RESULTS, SENDING SHARES HIGHER AFTER HOURS

Investments in artificial intelligence will account for a significant increase in Facebook parent company Meta’s expenses in the coming year, but stronger-than-expected revenue from its advertising business was enough to reassure investors that its business is on the right track.

NORTH KOREAN CHARGED IN CYBERATTACKS ON US HOSPITALS, NASA AND MILITARY BASES 7

A North Korean military intelligence operative has been indicted in a conspiracy to hack into American health care providers, NASA, U.S. military bases and international entities, stealing sensitive information and installing ransomware to fund more attacks, federal prosecutors announced.

JAPAN'S TOP AUTOMAKER TOYOTA ACKNOWLEDGES MORE CERTIFICATION CHEATING AND APOLOGIZES

Toyota reported more cases of cheating on certification tests for new models required by the Japanese government, on top of those acknowledged earlier.

JUSTICE DEPARTMENT SAYS TIKTOK COLLECTED US USER VIEWS ON ISSUES LIKE ABORTION AND GUN CONTROL

In a fresh broadside against one of the world’s most popular technology companies, the Justice Department is accusing TikTok of harnessing the capability to gather bulk information on users based on views on divisive social issues like gun control, abortion and religion.

NFL IS MOVING CLOSER TO REPLACING THE CHAIN GANG WITH NEW TECHNOLOGY TO MEASURE LINE TO GAIN

The NFL is moving closer to replacing the chain gang with new technology to measure line to gain.

AMAZON IS RESPONSIBLE FOR HAZARDOUS ITEMS SOLD BY THIRD-PARTY SELLERS, US 7 AGENCY SAYS

Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered this week.

SENATE PASSES BILL TO PROTECT KIDS ONLINE AND MAKE TECH COMPANIES ACCOUNTABLE FOR HARMFUL CONTENT

The Senate overwhelmingly passed legislation Tuesday that is designed to protect children from dangerous online content, pushing forward with what would be the first major effort by Congress in decades to hold tech companies more accountable for the harm that they cause.

WHITE HOUSE SAYS NO NEED TO RESTRICT 'OPEN-SOURCE' ARTIFICIAL INTELLIGENCE - AT LEAST FOR NOW

The White House is coming out in favor of “opensource” artificial intelligence technology, arguing in a report this week that there’s no need right now for restrictions on companies making key components of their powerful AI systems widely available.

Q&A: LINKEDIN IS BULLISH ON AI. WILL THAT HELP JOB SEEKERS?

Like many other technology companies, LinkedIn is all in on generative AI, the artificial intelligence systems that can create text, images and other media in response to queries.

VIDEO GAME ACTORS ARE NOW ON STRIKE.HERE'S WHY

Hollywood’s video game performers went on strike after negotiations with game industry giants that began more than a year and a half ago came to a halt over artificial intelligence protections.

APPLE EXPANDS EMERGENCY SOS VIA SATELLITE TO JAPAN WITH IOS 17.6

Apple’s Emergency SOS via satellite feature, now part of iOS 17.6, brings crucial safety services to iPhone users in Japan.

IN 'DEADPOOL & WOLVERINE,' THE SUPERHERO MOVIE FINALLY ACCEPTS ITSELF FOR WHAT IT IS

If one thing is certain about “Deadpool,” it’s that its titular hero, for reasons never explained, understands his place in the world — well, in our world.

ETSY PLANS TO TEST ITS FIRST-EVER LOYALTY PROGRAM AS IT AIMS TO BOOST SALES

Etsy said this week it will begin testing its firstever loyalty program in September, a move designed to boost the e-commerce site’s sluggish sales and draw in occasional shoppers.

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A MULTI-PLATFORM BEHEMOTH IN GLOBAL COMMUNICATION

BREAKTHROUGH IN TANDEM OLED TECHNOLOGY ENHANCES MICRO-OLED DISPLAYS FOR FUTURE VISION PRO 2

The recent development in display technology marks a significant step forward with the integration of tandem OLED technology into micro-OLED displays.