(Reuters) - Alphabet's Google is deactivating AdSense accounts in Russia, saying on Monday that it would no longer be able to make payments to users of its advertising service in the country. AdSense allows website and content owners, including on YouTube, to make money from the placement of advertisements managed by Google. "Due to ongoing developments in...
A Norristown man who secretly recorded seven women changing inside his unlicensed dance studio was sentenced to 26 1/2 to 53 years in state prison by a Montgomery County Court judge who admonished him for taking advantage of women who trusted him. Francis “Frankie G” Laurenzi, 39, was convicted in May of invasion of privacy and...
(Reuters) - Google is facing a bigger threat from Sam Altman's OpenAI even as it awaits a decision on how antitrust regulators in Washington plan to level the playing field in the internet search business. A US ruling on Monday, which found that Google built an illegal search monopoly, is being considered a big win for...
(Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. In March, FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing $8 billion from customers. "The order requires FTX to pay $8.7 billion in restitution and...
When my husband bought the then-5-year-old a Nintendo Switch, I made a list articulating all my reservations about my child having a gaming console so young. I worried about the dopamine of it all, about my son becoming accustomed to getting the immediate gratification that comes from a game and how it would impact his...
(Reuters) - Global mega tech companies' market capitalisation dropped sharply in July, in response to disappointing quarterly results and concerns over high valuations, prompting investors to shift their focus away from the AI sector. In the first half of 2024, investors pushed tech stocks higher on expectations that AI advancements would boost earnings. But the second-quarter...
South Korean authorities have arrested Kakao Corp founder Brian Kim over allegations of market manipulation, making the Internet entrepreneur the most prominent business figure in the country in years to wind up in jail. The Seoul Southern District Court made the decision to take the 58-year-old into custody, citing “concerns of evidence destruction and flight”. The...
WASHINGTON (Reuters) - CrowdStrike CEO George Kurtz apologized for a global tech failure that disrupted multiple industries on Friday, vowing to work with all of its customers as they work to get their operations back online. "We're deeply sorry for the impact that we've caused to customers, to travelers, to anyone affected by this, including our...
(Reuters) - Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer's sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies. The stock has slumped 13% and lost $430 billion in market capitalization since June 18, when it briefly became the world's most valuable...
(Reuters) -Nvidia cemented its status as the world's most valuable company after the semiconductor bellwether's shares gained 2.5% to hit another record on Thursday, as partners Dell and Super Micro Computer received server orders for Elon Musk's AI startup. Nvidia, whose market capitalization surpassed that of Microsoft on Tuesday, was set to add nearly $84 billion...
