ByTechVista

Latest posts

  • Share values of property services firms tumble over fears of AI disruption

    But, after second day of Wall Street falls, analysts say sell-off ‘may overstate AI’s immediate risk to complex deal-making’ Shares in commercial property services companies have tumbled, in the latest sell-off driven by fears over disruption from artificial intelligence. After steep declines on Wall Street, European stocks in the sector were hit on Thursday. Continue…

    Read more

  • Apple and Google pledge not to discriminate against third-party apps in UK deal

    Critics brand voluntary commitment with competition regulator as ‘lightweight’ Apple and Google’s commitment to avoid discriminating against apps that compete with their own products under an agreement with the UK’s competition watchdog have been labelled “lightweight”. The US tech companies have vowed to be more transparent about vetting third-party apps before letting them on their…

    Read more

  • Telstra joint venture to axe more than 200 jobs amid AI rollout

    Some jobs will be moved offshore in wake of telco’s $700m partnership with tech consultancy Accenture Get our breaking news email, free app or daily news podcast More than 200 Telstra jobs are expected to be cut, as the telco rolls out AI capabilities and sends some jobs to India. Telstra and the technology consultancy…

    Read more

  • Hail our new robot overlords! Amazon warehouse tour offers glimpse of future

    At its new Stone Mountain, Georgia, facility, Roomba-like robots shuffle between stacks, another adds shipping labels while another arranges packages in pallets One of the reasons Amazon is spending billions on robots? They don’t need bathroom breaks. Arriving a few minutes early to the public tour of Amazon’s hi-tech Stone Mountain, Georgia, warehouse, my request…

    Read more

  • TikTok could be forced to change app’s ‘addictive design’ by European Commission

    Preliminary EU ruling says app shifts brains of users into ‘autopilot mode’, with concerns for children and vulnerable adults Business live – latest updates TikTok could be forced into changes to make the app less addictive to users after the EU indicated the platform had breached the bloc’s digital safety rules. The EU’s executive arm…

    Read more

  • Uber found liable for sexual assault by driver and ordered to pay victim $8.5m

    Verdict could influence more than 3,000 similar cases against ride-hailing company A federal jury in Phoenix ordered Uber on Thursday to pay $8.5m after finding the company liable in a lawsuit brought by a woman who said she was sexually assaulted by a driver. The verdict could influence thousands of similar cases against the ride-hailing…

    Read more

  • What does the disappearance of a $100bn deal mean for the AI economy?

    Apparent collapse of Nvidia–OpenAI tie-up raises questions about circular funding and who will bear the cost of AI’s expansion Did the circular AI economy just wobble? Last week it was reported that a much-discussed $100bn deal – announced last September – between Nvidia and OpenAI might not be happening at all. This was a circular…

    Read more

  • Google parent earnings beat projections amid plans to invest deeply in AI

    Alphabet reports $34.5bn profit and revenue soars 48% in recent quarter as it plans a sharp increase in AI spending Google’s parent company, Alphabet, beat Wall Street expectations on Wednesday, and is planning a sharp increase in capital spending in 2026 as it continues to invest deeply in AI infrastructure. Alphabet on Wednesday reported profit…

    Read more

  • Pinterest sacks two engineers for creating software to identify fired workers

    Digital pinboard business cutting 15% of workforce as it invests heavily in AI Pinterest has fired two engineers who created a software tool to identify which workers had lost their jobs in a recent round of cuts and then shared the information, according to reports. The digital pinboard business announced significant job cuts earlier this…

    Read more

  • Women in tech and finance at higher risk from AI job losses, report says

    ‘Mid-career’ female workers also being sidelined by rigid hiring processes, says City of London Corporation Women working in tech and financial services are at greater risk of losing their jobs to increased use of AI and automation than their male peers, according to a report that found experienced females were also being sidelined as a…

    Read more