Author Archives: Techme101

BGC warns budget plans will mean thousands of job losses and illegal gambling set to double

“This budget means thousands of job losses,” the Betting and Gaming Council (BGC) warns as they say they’re ready to work with the UK government following the Autumn Budget announcement. The Budget confirmed an increase to gambling tax as it … Continue reading

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Singapore Police apprehend 36 people as part of illegal gambling raids

Police in Singapore have arrested 36 individuals as part of coordinated raids on suspected illegal gambling premises. The group consisted of individuals aged 16 to 69 years old, as police in the region investigated crimes surrounding banking fraud and illegal … Continue reading

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Oracle’s AI-fueled debt load has investors on edge ahead of quarterly earnings

Oracle’s fiscal second-quarter results will be a crucial test for the AI trade and whether demand justifies the company’s buildout plans.

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Teachers’ union AFT slams crypto market bill, warns of ‘profound risks’ for America’s retirement plans

American Federation of Teachers is urging senators to reconsider its crypto market structure bill which the union says will put Americans’ retirement at risk.

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Why Cursor’s CEO believes OpenAI, Anthropic competition won’t crush his startup

After reaching $1 billion in annualized revenue, Anysphere CEO Michael Truell explained the features his company is focused on building out.

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Rivian is building its own AI assistant

The EV maker will likely share more details on its upcoming AI & Autonomy Day scheduled for December 11.

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OpenAI hires Slack CEO Denise Dresser to lead global revenue strategy

Dresser was named Slack’s chief executive in 2023 after spending more than a decade at Salesforce.

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Trump’s blessing of Nvidia AI chip sales to China gets a chilly reception from GOP

Trump said Chinese President Xi Jinping “responded positively” to the proposal to let Nvidia sell H200 AI chips on condition that the U.S. gets 25% of revenue.

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Instacart’s AI pricing tools drive up the cost of some groceries, study finds

Federal regulators and politicians have scrutinized companies’ use of AI tools to set the cost of products or services, often called “surveillance pricing.”

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Cramer sees any Nvidia sales of H200s in China as a ‘pure bonus,’ says the stock should be higher

Wall Street fails to see the benefit of Nvidia finally getting the green light from the U.S. to sell its second-best chips in China.

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