Enlarge / Twitter headquarters in San Francisco on February 8, 2023. Getty Images | Anadolu Agency Twitter has obtained a subpoena forcing GitHub to provide identifying information about a user who posted parts of Twitter’s source code. Twitter on Friday asked the US District Court for the Northern District of California to subpoena GitHub. A … Read more
Washington (CNN) Google deliberately tried to “hide the ball” in a high-profile antitrust case by automatically deleting employee chat messages that could have been used as evidence in the lawsuit, a federal judge ruled Tuesday, slapping the tech giant. The ruling condemns Google’s record retention practices and their impact on litigation, which could have a … Read more
Investors are taking another look at the futures market linked to the payment-focused cryptocurrency XRP, hoping that Ripple Labs, the company that issued the token, will win and instigate its legal battle against the US Securities and Exchange Commission (SEC) to taking more risks in the wider market. XRP is up 57% since March 22, … Read more
London (CNN) Adidas is in rapid decline after its latest attempt to protect its iconic three-stripe brand. The German sportswear company said on Wednesday it was dropping its opposition to an attempt by a Black Lives Matter campaign group to trademark a logo with three parallel stripes. “Adidas will withdraw its opposition to the Black … Read more
A Lululemon store in New York, USA, on Tuesday, March 28, 2023. Stephanie Keet | Bloomberg | Getty Images Check out the companies making headlines before the bell rings. Lululemon – Shares of Lululemon rose more than 16% before Wednesday’s open after posting a strong holiday quarter and sharing optimistic expectations for the current fiscal … Read more
Elon Musk is one of the prominent technologists who have called for a six-month pause in the development of more powerful AI Marlena Sloss—Bloomberg via Getty Images Elon Musk and Apple co-founder Steve Wozniak are among prominent artificial intelligence technologists and researchers who have signed an open letter calling for a six-month moratorium on the … Read more
Mr. Ermotti led UBS for nine years until 2020 and is credited with the bank’s recovery from a government bailout in 2008. He will succeed current CEO Ralph Hamers, who has led the bank for the past three years, on April 5 . “We felt we had a better horse,” said UBS chairman Colm Kelleher … Read more
MSCI All-World index up 0.3%, dollar falls UBS rehires Ermotti as head of the merged unit Alibaba up 13%, other Chinese tech stocks up Oil rises, gold falls LONDON, March 29 (Reuters) – Global stocks rose on Wednesday as investors took heart from greater levels of stability in the banking sector, but the sense of … Read more
Jeff Gennette, CEO of Macy’s. Getty Images Macy’s CEO Jeff Gennette will retire early next year after a four-decade career with the company, the department store chain announced Wednesday morning. Gennette, 61, plans to step down in February. He will be succeeded by Tony Spring, CEO of Bloomingdale’s, the company’s higher-end department store brand. In … Read more
A number of well-known AI researchers — and Elon Musk — have signed an open letter calling on AI labs around the world to pause the development of large-scale AI systems, citing fears of the “serious risks to society.” and humanity” they claim. forms software. The letter, published by the nonprofit Future of Life Institute, … Read more
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