SAP, the German software company, recently announced its plans to implement a restructuring program for 2024, which will involve voluntary buyouts or job changes for 8,000 employees. This move is part of SAP’s effort to reposition itself for faster growth and capitalize on the potential of artificial intelligence. While the company aims to maintain its
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Apple’s highly anticipated Vision Pro quickly sold out after preorders opened on Friday, causing shipping times to increase to five to seven weeks within a matter of hours. However, according to top Apple analyst Ming-Chi Kuo of TF International Securities, these extended shipping times remained unchanged 48 hours after preorders opened. This could indicate a
After a long-standing battle with antitrust regulators in Europe, Apple has finally offered concessions to gain approval for its Apple Pay mobile wallet feature. This move comes after the European Commission raised concerns about Apple’s exclusive control over its iOS operating system, restricting third-party mobile wallet developers’ access to its payment technology. In this article,
OpenAI’s recent partnership with Arizona State University (ASU) marks an important milestone for both entities. With ASU gaining full access to OpenAI’s ChatGPT Enterprise, the possibilities for incorporating artificial intelligence (AI) into various aspects of education are vast. This new venture aims to revolutionize coursework, tutoring, research, and more. By analyzing this groundbreaking partnership, we
German startup Vay has made its highly anticipated entry into the U.S. market with its pioneering “teledriving” solution. This move places Vay in direct competition with well-established American players in the mobility technology space. Despite the significant funding it has received, Vay faces the challenge of establishing itself in a highly competitive market dominated by
Elon Musk, the enigmatic CEO of Tesla and SpaceX, is no stranger to controversy. However, his latest announcement has raised eyebrows and sparked a new wave of speculation. Musk expressed his desire to obtain approximately 25% of voting control over Tesla, the electric vehicle giant he co-founded. This move comes as a surprise, considering Musk
Microsoft has recently announced that its Copilot virtual assistant will now be available for small businesses. In addition, consumers who subscribe to the Microsoft 365 software can access a paid version of Copilot. These updates aim to expose more customers to generative artificial intelligence, which was popularized by OpenAI’s ChatGPT chatbot last year. By expanding
With the introduction of bitcoin ETFs in U.S. public markets, the long-awaited entry of large money managers into the cryptocurrency space is now a reality. For the wealth management industry, which oversees approximately $30 trillion in assets, this could unleash a torrent of new opportunities. According to analysts at Standard Chartered, the industry could witness
Discord, a widely-used messaging service popular among gamers, has recently confirmed that it will lay off 17% of its workforce, amounting to 170 employees. This move comes after a previous reduction of 40 jobs in August and is part of a growing trend of companies announcing cuts since the beginning of this year. CEO Jason
Tesla has recently announced “market adjustment” pay increases for its factory workers in multiple locations across the United States. The notices regarding the pay rate adjustments were prominently posted at Tesla’s vehicle assembly plant in Fremont, California. These increases were confirmed by an anonymous employee at the Fremont site, who emphasized that the company had