facebook Facebook Stock Plunges 4.4 Percent Amid Cambridge Analytica Data Scandal Facebook faces a significant stock drop as investors react to the Cambridge Analytica data misuse controversy. The fallout sparks renewed calls for inevitable tech industry regulation.
apple Apple Acquires Texture to Expand Digital Magazine Subscription Offerings Apple signs an agreement to buy Texture, the popular digital magazine subscription service that offers unlimited access to over 200 publications. The acquisition highlights Apple's ongoing commitment to supporting quality journalism and beautifully designed content.
spotify Spotify Chooses Direct NYSE Listing to Bypass Traditional IPO Tactics Spotify announces it plans to go public via a direct listing on April 3rd, allowing equal access and market-driven pricing without intermediary bankers. The music streaming giant currently boasts 159 million monthly active users and holds a valuation up to $23.4 billion.
facebook Facebook Suspends Cambridge Analytica Over Mishandled User Data Facebook suspends political data firm Cambridge Analytica after learning a developer improperly shared user information with the third party. The company emphasizes that users consented to the data collection, denying claims of a system breach.
waymo Waymo and Jaguar Land Rover Partner to Build Premium Self-Driving Electric Vehicles Waymo and Jaguar Land Rover form a strategic partnership to develop the world's first premium self-driving electric vehicle based on the Jaguar I-PACE. The companies plan to add up to 20,000 autonomous vehicles to Waymo's ride-hailing fleet to serve one million daily trips.
facebook Facebook Announces New Data Protection Measures After Cambridge Analytica Scandal Facebook is taking new steps to protect user data following reports that Cambridge Analytica improperly obtains and retains personal information. The company provides a tool for users to check if their data is affected by this breach.
tensorflow TensorFlow Developer Summit 2018 Showcases Machine Learning Breakthroughs The second annual TensorFlow Developer Summit gathers hundreds of developers in California to reveal new products and share real-world AI applications. The event highlights how machine learning is solving complex global problems in fields ranging from astrophysics to conservation.
california California Clears Path for Driverless Vehicle Testing and Deployment California officially approves new regulations that allow companies to test and deploy fully autonomous vehicles without a human driver inside the car. The new rules require a remote operator to maintain a communication link and remain ready to take control during emergencies.
ai Venture Capitalists Target Edge AI and Specialized Hardware for 2018 Investors are shifting their focus away from core machine learning tools and toward applications that bring AI to the edge and specialized hardware.
whatsapp UK Watchdog Closes WhatsApp Data Probe, Bans Facebook Sharing Until GDPR Compliance The UK Information Commissioner's Office concludes its investigation into WhatsApp and Facebook, securing a pledge that the messaging app will not share user data with its parent company until it meets GDPR standards. No fines are issued since the data sharing never actually occurred.
apple Apple Buys Texture Newsstand to Boost Quality Journalism Efforts Apple acquires Texture, the digital magazine subscription service, to strengthen its focus on trusted content. The deal brings over 200 popular magazines under Apple's growing media umbrella.
trump Trump Blocks Broadcom's $117 Billion Qualcomm Takeover Over Security Fears President Trump issues an executive order halting Singapore-based Broadcom from acquiring U.S. chipmaker Qualcomm based on national security concerns. The decision follows warnings that the deal gives China an advantage in the global 5G race.
boston dynamics Fake Documentary Shows Thousands of Boston Dynamics Robots Roaming the Earth A new mock nature documentary depicts a terrifying future where packs of Boston Dynamics SpotMini robots roam freely across the planet in massive herds. The fictional video raises humorous but plausible questions about the rapid advancement of the company's real-world robotics technology.
s&p global S&P Global Buys AI Startup Kensho in $550 Million Deal S&P Global acquires artificial intelligence firm Kensho for $550 million after previously serving as both a client and lead investor.
s&p global Wall Street's S&P Global Buys AI Startup Kensho for Record $550 Million S&P Global acquires financial AI company Kensho for a record-breaking $550 million to enhance its data analytics capabilities. The deal marks the largest AI acquisition to date, surpassing Google's purchase of DeepMind.