Advanced Micro Devices
Intel tumbles as chipmaker falls further behind in AI race
Intel slumped more than 12% on Friday following a bleak first-quarter revenue outlook
Activision Blizzard
Microsoft to lay off 1,900 Activision Blizzard, Xbox staff
Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week.
737-900ER
FAA steps up scrutiny of Boeing with calls for checks on another 737 model
The FAA has recommended that airlines operating Boeing 737-900ER jets inspect door plugs.
Alphabet
Wall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
accusations
Google faces multibillion-dollar US patent trial over AI technology
Google is set to go before a federal jury in Boston on Tuesday over accusations that its processors infringe a computer scientist’s patents.
$1 billion revenue
Generative AI’s wild 2023
ChatGPT was well on its way to becoming a household name even before 2023 kicked off.
$160
Apple hits seven-week low after Barclays downgrade
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
AI training
Pulitzer-winning authors join OpenAI, Microsoft copyright lawsuit
A group of 11 nonfiction authors have joined a lawsuit in Manhattan federal court that accuses OpenAI and Microsoft of misusing books the authors have written to train their models.
AI Model
Alphabet soars as Wall Street cheers arrival of AI model Gemini
Alphabet shares ended 5.3% higher on Thursday as Wall Street cheered the launch of Gemini.
000 vehicles
EVs struggle with reliability due to charging, battery issues – Consumer Reports survey
Electric vehicles continue to grapple with poor reliability due to charging and battery issues even as consumers are buying them at a breakneck pace.