Today: July 03, 2024
Today: July 03, 2024

Latest From Supantha Mukherjee

Business|Technology

UK takes top spot in Europe for GenAI startups, Accel says

The United Kingdom is home to the biggest number of generative AI (GenAI) startups across Europe and Israel, followed by Germany and Israel, according to a

UK takes top spot in Europe for GenAI startups, Accel says
Business|Technology

Nokia taps AI boom with $2.3 billion Infinera purchase

Nokia's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars

Nokia taps AI boom with $2.3 billion Infinera purchase
Business|Technology

Verizon uses GenAI to improve customer loyalty

U.S. telecom company Verizon is using generative AI to stop 100,000 customers from leaving its service this year by predicting why a customer is calling,

Verizon uses GenAI to improve customer loyalty
Business

EU targets Musk's X in first illegal content probe

The European Union is investigating social media company X over suspected breaches of obligations, partly relating to posts following Hamas' attacks on

EU targets Musk's X in first illegal content probe
Business

Ericsson shares jump after AT&T deal win, Nokia drops

AT&T has chosen Ericsson to build a telecom network using a new cost-cutting technology ORAN that will cover 70% of its wireless traffic in the United

Ericsson shares jump after AT&T deal win, Nokia drops
Business

Spotify to cut 1,500 jobs in third layoff round this year, shares jump

Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17% of its workforce, to bring down costs, after letting 600 of

Spotify to cut 1,500 jobs in third layoff round this year, shares jump
Business

Spotify to use Google's AI to tailor podcasts, audiobooks recommendations

Spotify, on Thursday, expanded its partnership with Google Cloud to use large language models (LLMs) to help identify a user's listening patterns across

Spotify to use Google's AI to tailor podcasts, audiobooks recommendations
Business

TikTok joins Meta in appealing against EU gatekeeper status

TikTok on Thursday joined Meta in appealing against the "gatekeeper" status under the Digital Markets Act (DMA), an EU law that brings in tougher rules for

TikTok joins Meta in appealing against EU gatekeeper status
Business

Explainer-Why are European telecom firms selling assets?

Vodafone's bid on Tuesday to sell its Spanish business is the latest move by European telecom firms trying to strengthen their financial health by divesting

Explainer-Why are European telecom firms selling assets?
Business

Spotify posts quarterly profit, user growth beats expectations

Spotify on Tuesday swung to a quarterly profit aided by price hikes in its streaming services and growth in subscribers in all regions, and forecast that

Spotify posts quarterly profit, user growth beats expectations
Business

Governments, firms should spend more on AI safety, top researchers say

Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and

Governments, firms should spend more on AI safety, top researchers say
Business|Economy

Amazon to invest $1.3 billion in France, create 3,000 jobs

Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in its French operations and create more than 3,000 permanent jobs in the

Amazon to invest $1.3 billion in France, create 3,000 jobs
Technology

Nokia CEO makes world's first 'immersive' phone call

Nokia CEO Pekka Lundmark made a phone call using a new technology called "immersive audio and video" that improves the quality of a call with three-

Nokia CEO makes world's first 'immersive' phone call
Business|Technology

Amazon breaks into Europe 5G networks with Telefonica cloud deal

Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) cloud later this month, company executives told Reuters, in a bold move by

Amazon breaks into Europe 5G networks with Telefonica cloud deal
Business|Technology

Spotify profits up, but lower marketing hits user growth

Spotify's quarterly gross profit topped 1 billion euros ($1.1 billion) for the first time after it reined in marketing spending, although that meant the

Spotify profits up, but lower marketing hits user growth
News|Political|Technology

Few AI deepfakes identified in EU elections, Microsoft president says

Microsoft has not seen significant use of artificial intelligence in the European Parliamentary elections for creating disinformation campaigns, the

Few AI deepfakes identified in EU elections, Microsoft president says

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