Tech
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Equity firm KKR to buy up to $44bn of PayPal’s buy now, pay later loans in Europe
Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71 billion), of PayPal’s buy now, pay later (BNPL) loans in Europe, the payments company said on T…
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Spotify looks to enveil more expensive subscription tier
Music streaming platform Spotify Technology is planning to roll out a more premium subscription option that is expected to include high-fidelity audio, Bloomberg News reported on Tuesday, citing peop…
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OpenAI plans app store for AI software – The Information
OpenAI, creator of the widely popular chatbot ChatGPT, plans to launch a marketplace that will allow developers to sell their AI models built on top of its own AI technology, news site the Informatio…
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Gannett sues Google, alleges online ad monopoly
Gannett Co Inc, the largest U.S. newspaper chain, on Tuesday sued Google, accusing the social media company of violating federal antitrust law by trying to monopolize the market for online advertisin…
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Japan’s Suzuki to make ‘flying cars’ with SkyDrive
Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make “flying cars”. The companies will use a Suzuki Group factory in central Japan to make electr…
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Elon Musk expects Neuralink to do its first brain-chip implantation in humans later this year
Elon Musk said on Friday that his brain-chip startup Neuralink expects to do its first human device implantation hopefully later this year. The billionaire was speaking at the Paris VivaTech event. L…
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Meta’s social media apps back up after outage
Meta Platforms said on Friday services on its social media apps Facebook and Instagram were restored, more than two hours after an outage that affected thousands of users. At one point, nearly 20,000…
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Oracle cuts hundreds of jobs, rescinds job offers in its health unit
Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar with the m…
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LinkedIn to test ad product for video streaming services
Microsoft Corp-owned LinkedIn said on Thursday it was working on a video advertising product that would allow marketers to target users of the professional networking site while they watch content on…
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[AI Takeover] Mercedes set to unleash ChatGPT for voice control guide on high-end vehicles
Mercedes-Benz on Thursday said U.S. drivers could power some of their luxury vehicles with ChatGPT in a test program starting June 16. Compatible with some 900,000 vehicles that have the automaker’s …