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[ad_1] WILMINGTON, Delaware (Reuters) – A former executive of the blank-check acquisition vehicle that plans to take Donald Trump’s social media company public sued to block the deal until he obtained a larger payout, according to a lawsuit docketed Thursday in Delaware. ARC Global Investments II, which is controlled by Patrick Orlando, said it was…
[ad_1] (Reuters) -Semiconductor equipment supplier Applied Materials forecast second-quarter revenue above Wall Street estimates on Thursday, on strong demand for AI chips and a recovery in the personal computer market, sending its shares up 8% in extended trading. AI-embedded personal computers are the latest rage, pulling the PC market out of a post-pandemic slump and…
[ad_1] LONDON (AP) — Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce, saying its number of employees and costs have exceeded how much the business is growing in a slowing economy. It marks the latest layoffs in the tech industry. CEO Jamie Iannone said in a…
[ad_1] LAS VEGAS (AP) — Welcome to opening day of CES 2024. This multi-day trade event put on by the Consumer Technology Association is expected to bring in some 130,000 attendees and more than 4,000 exhibitors to Las Vegas. Swaths of the latest advances and gadgets across personal tech, transportation, health care, sustainability and more…
[ad_1] NEW YORK (AP) — The New York Times has filed a federal lawsuit against OpenAI and Microsoft seeking to end the practice of using its stories to train chatbots, saying that copyright infringements at the paper alone could be worth billions. The paper joins a growing list of individuals and publishers trying to stop…