Business
Microsoft to lay off about 3% of its workforce
Microsoft began laying off nearly 3% of its entire workforce Tuesday, its largest mass layoff in more than two years.This post was originally published on this site.
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Business
AI methods help predict the emergence of ‘gazelles’ and other high-growth firms, but challenges remain
Predicting whether or not companies will be successful is crucial for guiding investment decisions and designing effective economic policies. However, past research on high-growth firms—enterprises thought to be key for driving economic development—has typically shown […]
Business
Google to pay $50 million to settle lawsuit claiming it paid Black workers less
Google will pay $50 million to settle a class-action lawsuit accusing it of paying Black workers less.This post was originally published on this site.
Business
Amazon says 130 million U.S. customers are watching Prime Video with ads
Amazon on Monday said its Prime Video streaming service with ads reaches more than 130 million U.S. customers monthly on average, an increase of 15 million people from 2024.This post was originally published on this […]
Business
Using AI to predict survival probabilities of start-up companies
Research published in the International Journal of Data Science has used machine learning to predict the lifecycle of businesses operating in the digital economy. The work might help firms and policymakers understand enterprise longevity, the […]
Business
Google will pay Texas $1.4B to settle claims the company collected users’ data without permission
Google will pay $1.4 billion to Texas to settle claims the company collected users’ data without permission, the state’s attorney general announced Friday.This post was originally published on this site.
Business
Tech execs give Congress AI wish list
Tech leaders representing four major players in artificial intelligence appeared before Congress on May 8, urging looser regulation and heavier investment in energy to support the technology’s growth.This post was originally published on this site.
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India tells X to block over 8,000 accounts
India has ordered X to block more than 8,000 accounts, the platform said Thursday, adding that it was reluctantly complying with what it described as government-imposed “censorship.”This post was originally published on this site.
Business
Former head of crypto platform Celsius sentenced 12 years
The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, was sentenced Thursday to 12 years in prison on fraud charges.This post was originally published on this site.
Business
Bill Gates speeds up giving away fortune, blasts Musk
Microsoft co-founder Bill Gates announced Thursday an accelerated timeframe for giving away his fortune as he touted artificial intelligence as a game-changer to boost public health and save lives globally.This post was originally published on […]