By Reuters API Published May 1, 2024 Amazon.com reported quarterly results above Wall Street’s expectations on Tuesday, as interest in artificial intelligence helped drive cloud-computing growth. Reuters Shares of the Seattle-based e-commerce and tech company climbed almost 3% in extended trade, even after its current-quarter revenue forecast came in below expectations. The stock closed down … Read more
The Estée Lauder Companies (ELC) and Microsoft Corp. have teamed up once again to launch an AI Innovation Lab. Estée Lauder partners with Microsoft to launch AI Innovation Lab. – Estée Lauder Leveraging the generative AI capabilities of Microsoft’s Azure OpenAI Service, the collaboration aims to develop innovative solutions that enhance consumer connections and accelerate … Read more
By Reuters Published Mar 10, 2024 Chinese-founded fast-fashion company Shein is set to face stricter EU online content rules after reporting a huge number of users, joining a group of companies that includes Meta Platforms, Alphabet’s, Google, Elon Musk’s X and TikTok. Imagem: Gabriela Schmidt – SHEINxAnitta The new rules, known as the Digital Services … Read more
By Reuters Published Feb 2, 2024 Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical holiday period. Investors cheered the results, sending Amazon shares up as much as 8% in trading after the market close. Amazon’s roster of high-spending business … Read more
By Reuters API Published Jan 9, 2024 Alphabet’s Google went before a federal jury in Boston on Tuesday to argue against a computer scientist’s claims that it should pay his company $1.67 billion for infringing patents that allegedly cover the processors used to power artificial intelligence technology in Google products. A lawyer for Singular Computing, … Read more
