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Powell says central bank not to cut rates, as US stocks fell
Anjali Sharma
GG News Bureau
WASHINGTON DC, 7th Feb. According to mediua reports on Tuesday the US stocks fell after Federal Reserve Chair Jerome Powell said that the central bank is not ready to cut interest rates yet.
“We want to see…
Paytm denies Jio Financial Services to buy its wallet business
Anjali Sharma
GG News Bureau
NEW YORK, 7th Feb. According to merdia reports on Tuesday stated that Jio Financial Services buying the Paytm wallet business, the parent company, One97 Communications Ltd has denied any such reports.
“We have…
Oversight Board urges Meta to label AI manipulated content to curb fake videos
Anjali Sharma
GG News Bureau
NEW YORK, 7th Feb. The Oversight Board on Tuesday urged Meta to label AI manipulated content to curb fake videos as such content may cause harm.
The Board, an external advisory group said that Meta created,…
Google says India well positioned to use AI to make software development more productive
Anjali Sharma
GG News Bureau
NEW YORK, 7th Feb. Google said in a blogpost on Tuesday that India is well positioned to use artificial intelligence to make software development more productive in the country.
The post detailed the recent…
Snapchat lays off 10% of global FT workforce
Anjali Sharma
GG News Bureau
NEW YORK, 7th Feb. According to the company Snap, the parent company of Snapcha, on Tuesday announced to lay off 10 per cent of its global full-time employees.
The company had 5,300 employees at the start of…
Zuckerberg becomes 4th richest man, overtakes Bill Gates
Anjali Sharma
GG News Bureau
NEW YORK, 7th Feb. Meta Platforms CEO Mark Zuckerberg on Tuesday became the fourth richest person in the world after a surge in Meta’s share price that has increased his net worth more than any other individual…
Google changed Bard name to Gemini in big AI push
GG News Bureau
NEW YORK, 6th Feb. Google on Monday announced that it is planning some big changes to its artificial intelligence models, including reportedly changing the name of Bard to Gemini.
Android app developer Dylan Roussel has…
Apple to buy German AI startup to strengthen Vision Pro reports says
Anjali Sharma
GG News Bureau
NEW YORK, 6th Feb. According to a media report on Monday Apple announced that it is planning to acquire a German AI startup Brighter AI, specialized in anonymising face and licence plate data.
According to…
Hyundai, Kia EV sales surpass 1.5M units
Anjali Sharma
GG News Bureau
NEW YORK, 5th Feb. South Korea Hyundai Motor and its smaller affiliate Kia on Sunday said their combined electric vehicle sales exceeded 1.5 million units as of December, 12 years after Hyundai debuted its first…
Jeff Bezos sells 50M Amazon shares in 12 months
Anjali Sharma
GG News Bureau
NEW YORK, 4th Feb. Amazon founder Jeff Bezos on Saturday announced that he is planning to sell 50 million company shares in the next year, the media reported.
The sales will occur “over a period” ending…