Technology – Page 50

Business, Crime, Mobile Apps, Technology

Flock CEO Defends Surveillance Expansion Amidst Privacy Backlash and Contract Losses

Garrett Langley, founder and CEO of Flock, recently addressed mounting criticism surrounding his company’s widespread surveillance technology, asserting that the benefits of enhanced public safety outweigh the risks. Speaking at TechCrunch Disrupt 2026 in San Francisco, Langley argued that society should not impede technological progress if it leads to greater accountability for criminal acts, even […]

Artificial Intelligence, Business, Mobile Apps, Technology

Ricursive Intelligence Aims to Solve Global Compute Crisis Through AI-Driven Chip Design

As the global demand for computing power continues to skyrocket, startup Ricursive Intelligence is positioning itself at the forefront of a technological shift. Founders Anna Goldie and Azalia Mirhoseini are developing advanced artificial intelligence systems capable of automating the complex process of chip design. By leveraging machine learning to iterate and improve upon hardware layouts, […]

Artificial Intelligence, Business, Mobile Apps, Technology

Figma Enhances Design Workflow with AI-Powered Tools and New Markdown Editor

Figma, the popular design platform, has unveiled a suite of new features aimed at refining how teams collaborate and how AI agents operate within its ecosystem. At its inaugural Config event in India, the company introduced a novel Markdown-based editor designed to standardize company design languages, integrate design and code libraries, and streamline workflows with […]

Business, Entertainment, Stocks, Technology

Netflix Slashes Roughly 1,000 Jobs Across Tech, Product, and HR Divisions

Netflix has announced a major workforce reduction, eliminating roughly 6% of its global staff in a move that affects approximately 1,000 personnel. The job cuts primarily target team members across product development, engineering, human resources, and legal divisions, marking one of the platform’s most significant internal restructurings in recent years. In a joint memo to […]

Business, Economy, Stocks, Technology

BlackRock CEO Larry Fink Warns Data Center Moratorium Could Trigger Recession Amidst AI Boom

Larry Fink, CEO of BlackRock, has issued a stark warning, suggesting that any nationwide moratorium on data center construction could plunge the country into a recession. His comments followed BlackRock’s announcement of better-than-expected third-quarter earnings, which saw the firm’s stock advance in trading. Fink underscored that a substantial portion of the current economic landscape is […]

Artificial Intelligence, Business, Stocks, Technology

OpenAI’s Infrastructure Chief Departs, Transitions to Advisory Role

Sachin Katti, who has been leading OpenAI’s critical infrastructure and compute operations, has announced his departure from his executive role. Katti, who has been with the artificial intelligence giant for approximately one year, will continue to contribute to OpenAI’s mission in an advisory capacity. His last day in the active role is scheduled for November […]

Business, Stocks, Technology

Dell Stock Plummets as AI Hype Falters, Data Center Sector Faces Sell-Off

Dell Technologies experienced a significant market correction, with its stock plunging 11% on Wednesday, triggering a broader sell-off across the data center equipment sector. This sharp decline is fueled by growing investor apprehension regarding the actual pace and scale of enterprise adoption of artificial intelligence (AI) technologies. Analysts at Barclays initiated the downturn by downgrading […]

Business, Finance, Stocks, Technology

Defense Tech Firm Anduril Targets $90 Billion Valuation in Massive Employee Share Sale

Defense technology innovator Anduril is providing its workforce with an opportunity to liquidate portions of their equity through a new tender offer. This corporate action sets a staggering valuation of approximately $90 billion for the private enterprise. Eligible staff members across 16 nations can offload shares at a rate of $94.80 per unit, with the […]

Business, Finance, Stocks, Technology

AI Infrastructure Debt Concerns Trigger Market Sell-Off for CoreWeave and Tech Peers

Investors are increasingly wary of the massive debt loads fueling the artificial intelligence infrastructure boom, leading to a sharp decline in the market valuation of specialized cloud providers. CoreWeave saw its shares plummet by over 15% this week, while yields on its corporate bonds surged toward 15%. This volatility reflects growing anxiety regarding whether smaller, […]

Business, Legal, Stocks, Technology

Eight States Sue OpenAI, Citing ChatGPT’s Harm to Children and Deceptive Practices

A coalition of eight state attorneys general has initiated legal action against artificial intelligence leader OpenAI, asserting that its flagship product, ChatGPT, poses significant safety risks and has harmed children while misleading parents. The lawsuits, filed individually in state courts across Iowa, Kansas, Nebraska, West Virginia, Arkansas, Arizona, Idaho, and Montana, highlight concerns over the […]