Advanced Micro Devices Inc. is seeking to lock horns with rival Nvidia Corp., with plans to release a chip in the latter half of the year that teaches AI models.
: Data from 235 million Twitter users reportedly exposed by hacker
Data from 235 million Twitter accounts has been leaked and posted on an online hackers forum, free for anyone to download, according to reports late Wednesday.
Dow Jones Newswires: China service-sector activity continued to fall in December
A private gauge of China’s service-sector activity improved in December but stayed in contraction territory, as COVID-19 infections swept the country after an abrupt reopening during the month.
The Ratings Game: Microsoft will benefit from ChatGPT, OpenAI in multiple ways — potentially at Google’s expense, analyst says
Microsoft’s investment in OpenAI will pay off in multiple ways, and the company stands to weather a downturn just as well as its large peers, an analyst said.
The Wall Street Journal: Feds move to seize Robinhood shares, Silvergate accounts tied to FTX
Federal authorities are moving to seize hundreds of millions of dollars in assets in the U.S. tied to the bankrupt cryptocurrency exchange FTX, a sign that the battle over control of the company’s remaining funds is escalating.
: CES 2023: Samsung unveils smart home hub that doubles as a wireless charger
The $80 hub lets consumers remotely operate locks, thermostats and lights, and can be connected to a phone or tablet.
Dow Jones Newswires: Lordstown Motors sees slow rate of production in first quarter
Electric-vehicle maker Lordstown Motors Corp. said the company is expecting a slow rate of production through the first quarter of this year as it deals with supply chain issues.
The Fed: Worried about a recession? That’s so 2024, Fed staff suggests
The Federal Reserve staff said that its latest estimate now puts the bigger chance of a recession at the end of 2024.
The Wall Street Journal: Amazon confirms more than 18,000 layoffs, far more than originally expected
Amazon.com Inc.’s layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the industry pares back amid economic uncertainty.
The Margin: Finding the comedy in the Kevin McCarthy speaker drama: ‘This is the best season of CSPAN … ever’
While some may see Kevin McCarthy’s six losing votes for House speaker as an epic political crisis, others are viewing it as pure political comedy.