Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, is estimated to have reached 100 million monthly active users in January, just two months after its launch, making it the fastest-growing consumer app the fastest in history, according to a UBS study on Wednesday. The report, citing data from analytics firm Similarweb, says around 13 million …
ChatGPT sets record for fastest growing user base – analyst notes Read More »
The last 747 freighter will be delivered to Atlas Air Ends over five decades of commercial production Boeing on the verge of bankruptcy, before becoming a cash cow Easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – The Boeing (BA.N) 747, the original and arguably best-looking “Jumbo Jet”, revolutionized air …
Boeing’s 747, the original jumbo jet, prepares for final dispatch Read More »
New Delhi CNN — The value of Gautam Adani’s business empire has plummeted by more than $50 billion this week since Hindenburg Research, a US firm that makes money from short selling, released a scathing report l accusing of fraud. India’s Adani Group has denounced Hindenburg’s allegations as “baseless” and “malicious”, and is considering legal …
Gautam Adani’s firm loses $50 billion in market value after report on short sellers Read More »
Jan 25 (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have boosted demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, downplaying fears a weak economy could strangle the buyer interest. The company slightly beat Wall Street’s fourth-quarter revenue and profit targets earlier on Wednesday despite a sharp decline in vehicle profit …
Musk bullish on Tesla sales as price cuts boost demand Read More »
Outage affects Microsoft Azure cloud platform for hours Several Microsoft services, including Teams and Outlook hit Microsoft says most customers now have service restored Shares down 3.2% Jan 25 (Reuters) – Microsoft Corp (MSFT.O) said on Wednesday it had recovered all of its cloud services after a network outage took down its Azure cloud platform …
Microsoft cloud outage hits users around the world Read More »
Jan 24 (Reuters) – Paranoid? The domino drop of FTX and other crypto custodians is enough for the most confident investor to grab their bitcoin and stuff it under the mattress. In effect, holders large and small are taking “self-custody” of their funds, moving them from crypto exchanges and trading platforms to personal digital wallets. …
New York CNN — Just this week, Alphabet, the parent company of Google, Microsoft (MSFT) and Vox Media announced layoffs that affect more than 22,000 workers. Their moves follow job cuts earlier this month at Amazon, Goldman Sachs and Salesforce. More companies are expected to follow suit as companies that have been hiring aggressively over …
Here are the companies that have laid off employees this year Read More »
Jan 18 (Reuters) – Citigroup Inc (CN) has discriminated against the firearms industry, Texas Attorney General Ken Paxton’s office said, in making a decision that “effectively” to prevent Texas from underwriting most municipal bond offerings in the states. Republicans have stepped up pressure on the financial industry over environmental, social and governance (ESG) investing practices. …
Texas AG halts most Citigroup municipal bids over gun law row Read More »
New York/London CNN — Microsoft (MSFT) could announce thousands of job cuts on Wednesday, according to multiple reports, potentially becoming the latest tech company to lay off its workforce as the global economy slows. Sky News, without citing sources, said the layoffs would affect around 5% of the company’s workforce. Microsoft employs 221,000 people worldwide, …
Jan 17 (Reuters) – Bitcoin is in charge in 2023, dragging the crypto market to the ground and electrifying bonk, a new meme coin. The No. 1 cryptocurrency posted a 26% gain in January, jumping 22% in the past week alone, returning above the $20,000 level and setting off for its best month since October …