Lyft, Uber sue New York City to block driver retention law
By Jonathan Stempel NEW YORK, June 11 (Reuters) – Lyft joined Uber Technologies in suing New York City…
Uber’s COO says it’s getting harder to justify the company’s AI spend: ‘That link is not there yet’
Uber’s business model is one of the most AI-forward in Silicon Valley. AI decides your ride price, optimizes…
Microsoft reports expose AI’s cost problem: The tech is more expensive than paying human employees
Firms today are pushing employees to use as much AI as possible to squeeze out the technology’s productivity…
Oil prices sink and stocks rally worldwide on hopes for a reopening of the Strait of Hormuz
NEW YORK (AP) — Oil prices are sinking Wednesday, and stock markets are bursting higher worldwide with hopes…
Bitcoin plunges 8% and Korea’s Kospi sinks nearly 4% in latest tech-led sell-off
World shares retreated Thursday in Asia on heavy selling of technology stocks, while the price of bitcoin fell…