Energy-guzzling AI derails tech firms' climate goals
As big tech companies race to reap the benefits of the artificial intelligence (AI) boom, the energy-hungry technology is hindering companies’ efforts to curb emissions and become carbon neutral or carbon negative. Google revealed that its greenhouse gas emissions will increase by 13% in 2023 and 48% since 2019, clashing with its goal of reaching […]
Tech titans at Sun Valley ditch deals to discuss Biden’s cognitive decline, predict Trump victory
The elite tech conference in Sun Valley, Idaho, was overshadowed by panic over Joe Biden’s declining cognitive abilities and anger at his backbencher, Jeffrey Katzenberg. Katzenberg, a super-producer and media mogul who also serves as co-chair of the Biden campaign, was handling “damage control” at the special meeting, which is known for bringing media elites […]
Silicon Valley cheers JD Vance, more tech billionaires back Trump
Donald Trump’s choice of Sen. J.D. Vance as his running mate for 2024 is being seen as a potential windfall for Silicon Valley, with major tech venture capital firms voicing their support. The Ohio Republican is best known as the author of the blockbuster memoir “Hillbilly Elegy,” which detailed the plight and concerns of Rust […]
Trump VP pick J.D. Vance supports Big Tech antitrust crackdown
Former President Donald Trump’s vice presidential nominee, J.D. Vance, has openly praised the work of Federal Trade Commission Chairwoman Lina Khan, suggesting that the commission’s broad approach to antitrust enforcement may find some level of support from a second Trump administration. Vance, a Republican senator from Ohio, joined the presidential candidates at the Republican National […]
The Stock Market’s Other 493 Stocks Are Ready to Leave Big Tech Behind – Barron's
With the S&P 500 on track to reach record highs even though very few of the companies in the index are reporting steady profit growth, its reliance on a few star stocks may finally be changing. “Given the high correlation between tech outperformance and earnings, we expect a narrowing growth gap will act as a […]
San Francisco area piles on hundreds more to 45,000 Big Tech jobs lost in two years
Big Tech has announced plans to cut hundreds of more jobs in a California region that has lost 45,000 jobs in the industry since 2022. According to a filing Intuit sent to the state Employment Development Department, the firm will chop 384 workers at its headquarters in Mountain View, California. The announcement comes as the […]
Tech billionaire Mark Pincus is latest Dem donor to call for Biden to drop out
Billionaire Mark Pincus, founder and former CEO of video game giant Zynga, is the latest major Democratic donor to urge President Biden to drop out of the 2024 presidential race. The blow to the campaign comes as a number of celebrities, including Bill Maher and George Clooney, have called on Biden to field a new […]
Get these 20 tech items on sale during Amazon Prime’s early deal days
Take advantage of Amazon’s sales and save money on some new tech for your life. (iStock) Amazon Prime Week is the perfect time to upgrade your tech, with hundreds of dollars off everything from TVs to cameras to home security so you can finally get your hands on that tech you’ve always wanted. We’ve rounded […]
Asian stocks sink as tech profit-taking overshadows rate cut cheer – Investing.com
Investing.com — Most Asian stocks fell on Friday, with tech-heavy indexes dropping sharply as profit-taking hurt technology shares despite a weak U.S. inflation reading that boosted optimism for interest rate cuts. Regional stocks largely tracked Wall Street’s overnight decline, falling nearly 2 percent as profit-taking hit big technology stocks, especially chipmakers and artificial intelligence stocks. […]
Head of AI Safety Agency Could Facilitate ‘Government-Big Tech Collusion’
Senate Commerce Committee documents obtained exclusively by Breitbart News reveal how the head of the Commerce Department’s AI safety agency is stifling competition, concentrating AI development in the hands of a few large tech companies, and fostering “the collusion between government and big tech seen during the pandemic and the 2020 election.” The document, obtained […]