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Dec 10 : Reddit said on Wednesday it had started testing verified profiles, a new feature aimed at increasing transparency on the social media platform.

The company said that the introduction of a grey checkmark next to usernames is designed to…

NEW YORK, Dec 10 : Blackstone, the world’s largest alternative asset manager, still sees good opportunities to invest in data centers despite a rush of investment into the hardware supporting the development of artificial intelligence, its…

HONG KONG, Dec 11 : Stocks slid on Thursday after disappointing earnings at U.S. cloud computing giant Oracle sounded a warning for AI profitability, while bonds were firm and the dollar nursed losses after the Federal Reserve cut U.S. interest…

SAN FRANCISCO, Dec 10 : When the chairman of AI chip startup Rivos wanted Intel to bid for the company, he had no need to phone the chip giant. That’s because the chairman of Rivos was also Intel’s CEO: Lip-Bu Tan.

Tan had pitched Intel’s…

SYDNEY, Dec 11 : Westpac non-executive director Peter Nash was reelected to the bank’s board on Thursday, surviving a sizeable investor backlash over his ties to the troubled Australian Securities Exchange.

About 40 per cent of investors voted…

WASHINGTON, Dec 10 : Microsoft, Meta, Google and Apple were among the 13 companies that received a warning from a bipartisan group of state attorneys general, according to a letter from the state leaders, who said their chatbots’ “delusional…

Dec 10 : Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 billion compared with earlier estimates – a sign that big capital outlays to chase AI cloud-computing customers is…

(Corrects to remove reference to number of subscribers in paragraph 5)

Dec 10 : YouTube said on Wednesday it will roll out new genre-based subscription plans for YouTube TV in the U.S. early next year, underscoring the platform’s growing clout in…

Dec 10 : Gemini, the crypto platform founded by billionaire twins Tyler and Cameron Winklevoss, said on Wednesday it had received a license from the Commodity Futures Trading Commission to offer prediction markets to U.S. customers.

Shares of the…

NEW YORK: Major stock indexes jumped while US Treasury yields declined on Wednesday (Dec 11) after the Federal Reserve cut interest rates as expected and investors remained hopeful about further cuts ahead, even as the central bank signalled it…