Amazon’s AI divisions posted triple-digit growth, with AI cloud and chip businesses each exceeding US$25 billion annual revenue run rates. (EPA Images pic) SAN FRANCISCO: Amazon beat analysts’ expectations on Thursday when it reported growth in overall revenue and sales, particularly in its cloud, »»»

Meta Platforms reported a 91% plunge in second-quarter free cash flow on Wednesday, underscoring the financial strain of the social media giant’s costly AI buildout amid an uncertain payoff. The Facebook and Instagram parent company reported free cash flow of US$784-million in the second quarter en»»»

SAN FRANCISCO, July 30 — Facebook-parent Meta reported profits yesterday that fell short of Wall Street expectations, as the cost of staying in the race to deploy artificial intelligence — along with hefty legal and severance charges — hurt its bottom line. The social media giant said net income dr»»»

Opening thoughts. Microsoft had to step in, and that itself was induction enough that LG has gone too far with the whole adware saga on Windows PCs. Sometime back, users started reporting that LG was generating pop-up ads on Windows PCs to download other apps such as McAfee. “Thanks again for bring»»»