INTERNET

Fintech firm Klarna halves net loss in first quarter as it races toward profitability
KEY POINTS:- After a massive cost-cutting push, the Swedish buy now, pay later fintech business Klarna saw a significant improvement ...

TikTok sues Montana to reverse state’s ban of the app
KEY POINTS:- In reaction to a newly approved state law that would outlaw the well-known video service in the state, ...

Bill Gates says A.I. could kill Google Search and Amazon as we know them
KEY POINTS:- Bill Gates, a co-founder of Microsoft, predicts that the leading artificial intelligence firm of the future will have ...

Fintech firm Wise’s shares fall after announcing CFO is resigning, CEO to go on leave
KEY POINTS:- Shares of British fintech business Wise fell on Monday after the company announced that CEO Kristo Kaarman will ...

Amazon is focusing on using A.I. to get stuff delivered to you faster
KEY POINTS:- According to a senior official, Amazon is concentrating on utilizing artificial intelligence to speed up deliveries by reducing ...

Google staffers praise engineers for I/O, poke fun at execs because they ‘just kept saying A.I.’
KEY POINTS:- Google employees were closely watching this week’s annual developer conference of the firm as well as the overwhelmingly ...

SoftBank posts record $32 billion loss at its Vision Fund tech investment arm
KEY POINTS:- SoftBank suffered a record loss for its Vision Fund as a recent rebound in tech markets has done ...

Alphabet to unveil A.I. updates at Google I/O, showing off creative writing and coding capabilities
KEY POINTS:- A large language model (LLM) for general use will be released, among other generative AI enhancements, at Google’s ...