Technology

U.S. Top 500 Companies Face $5.4 Billion Loss Due to Worldwide CrowdStrike Shutdown

U.S. Top 500 Companies Face $5.4 Billion Loss Due to Worldwide CrowdStrike Shutdown

A significant disruption in global technology services has been triggered by an error within a recent software update from CrowdStrike. Financial experts estimate that this incident may result in losses of approximately $5.4 billion for various US-based corporations, which are ranked among the Fortune 500 companies, according to

Alphabet Inc.'s Second Quarter Profits Surpass Analyst Predictions

Alphabet Inc.'s Second Quarter Profits Surpass Analyst Predictions

Google's parent company, Alphabet, exceeded analyst expectations in its second-quarter financial report released on Tuesday, announcing an earning of $1.89 per share, consistent with the prior quarter's figures. Alphabet’ Writes: Sundar Pichai, CEO, pointed to these results as evidence that investments across various sectors

Meta unveils new AI application 'rivaling' its exclusive competitors in the field of machine learning technology.

Meta unveils new AI application 'rivaling' its exclusive competitors in the field of machine learning technology.

Meta has announced its latest artificial intelligence model, named Llama 3.1 405B, which claims to stand shoulder to shoulder with renowned AI models from competitors like OpenAI and Anthropic across various tasks. In a recent blog post, the company shared that this open-source system offers developers the ability

Next Year, Elon Musk Announces Plans for Humanoid Robot Assistance in Tesla Operations

Next Year, Elon Musk Announces Plans for Humanoid Robot Assistance in Tesla Operations

Elon Musk, Tesla's CEO, has announced plans for introducing "genuinely useful" humanoid robots in its production facilities by next year. The tech mogul, known for his active social media presence and visionary projects, shared these aspirations on platform X, with an intention to scale up manufacturing

CrowdStrike reports substantial number of systems restored following worldwide service interruption

CrowdStrike reports substantial number of systems restored following worldwide service interruption

A significant number of devices affected by last week's global IT disruption have returned online, according to cybersecurity firm CrowdStrike. The company is experimenting with a new approach to expedite the system recovery process amid expert cautions that it may take weeks for full restoration following Friday'

UK regulatory body alleges Apple neglected duty in reporting child-related explicit content

UK regulatory body alleges Apple neglected duty in reporting child-related explicit content

A recent investigation by the National Society for the Prevention of Cruelty to Children (NSPCC) suggests Apple may not have fully monitored its platforms, specifically in relation to child sexual abuse material (CSAM). Child safety advocates believe that as Apple's products continue to grow and evolve, there is

Global Society Hesitant About Embracing 'Digital Labor' Workforce

Global Society Hesitant About Embracing 'Digital Labor' Workforce

It seems that people are not quite ready for digital workers just yet. This is the lesson learned by Sarah Franklin, CEO of Lattice, an HR and performance management platform used by over 5,000 organizations globally. So what exactly does a digital worker entail? According to Franklin, it'