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PayPal, the leading online payment system, has recently announced its plans to reduce its global workforce by 9%, resulting in approximately 2,500 job cuts. The CEO, Alex Chriss, shared this news in an internal letter to employees, emphasizing the need for the company to focus on driving efficiency, automation, and consolidation. This article will explore
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In an effort to ensure safe and responsible use of artificial intelligence (AI) among teenagers, OpenAI has teamed up with Common Sense Media, a nonprofit organization dedicated to making technology accessible and secure for children. This partnership aims to develop AI guidelines, education materials, and curated language models that align with Common Sense’s rating and
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Intel, the largest semiconductor maker by revenue, experienced a drop in its shares during extended trading on Thursday. The chipmaker’s outlook for the first quarter of 2024 failed to meet analyst forecasts, despite posting better-than-expected results for the latest quarter. This article will analyze Intel’s performance, highlighting key financial figures, discussing CEO Pat Gelsinger’s comments,
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Tesla, the renowned electric vehicle manufacturer, is set to release its fourth-quarter earnings for 2023. Analysts are eagerly awaiting the results, hoping to gain insights into the company’s performance and its vision for the future. Despite the anticipation, it is important to critically assess Tesla’s accomplishments and challenges, looking beyond the surface-level numbers. According to
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In a surprising move, Netflix has announced a 10-year licensing deal with WWE to stream its flagship program, Raw. While this may seem like a departure from Netflix’s usual content, co-Chief Executive Officer Ted Sarandos is quick to clarify that WWE falls under the category of “sports entertainment” rather than traditional sports. This article will
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