Latest Technology News

EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai

May. 23, 2024 05:10 AM EDT

BEIJING (AP) — Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. The $200 million plant in Shanghai’s Lingang pilot free trade zone will be the first Tesla battery...

Colorado the first state to move forward with attempt to regulate AI’s hidden role in American life

May. 23, 2024 00:55 AM EDT

DENVER (AP) — The first attempts to regulate artificial intelligence programs that play a hidden role in hiring, housing and medical decisions for millions of Americans are facing pressure from all sides and floundering in statehouses nationwide. Only one of seven bills aimed at...

Sony says focus is on creativity, with games, movies, music, sensors, IP, and not gadgets

May. 23, 2024 00:30 AM EDT

TOKYO (AP) — Japanese electronics and entertainment company Sony says it’s focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry. Its chief executive, Kenichiro Yoshida, outlined the company’s strategy Thursday, saying Sony was helping...

Nvidia's profit soars, underscoring its dominance in chips for artificial intelligence

May. 22, 2024 21:58 PM EDT

SAN FRANCISCO (AP) — Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom. Its net income rose more than sevenfold compared to a year earlier,...

Top Apple exec acknowledges shortcomings in effort to bring competition in iPhone app payments

May. 22, 2024 19:24 PM EDT

OAKLAND, Calif. (AP) — Longtime Apple executive Phil Schiller on Wednesday acknowledged a court-ordered makeover of the U.S. payment system in its iPhone app store hasn't done much to increase competition — a shortcoming that could result in a federal judge demanding more changes. ...

Using AI, Mastercard expects to find compromised cards quicker, before they get used by criminals

May. 22, 2024 17:46 PM EDT

NEW YORK (AP) — Mastercard said Wednesday that it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal. In its latest software update rolling out this week, Mastercard is integrating...

Nvidia's results top Wall Street estimates as profit soars, bolstering its dominance in chips fueling the AI boom

May. 22, 2024 16:36 PM EDT
SAN FRANCISCO (AP) — Nvidia's results top Wall Street estimates as profit soars, bolstering its dominance in chips fueling the AI boom.

After Lahaina, Hawaii fire crews take stock of their ability to communicate in a crisis

May. 22, 2024 15:53 PM EDT

HONOLULU (AP) — Fire departments across the state are reevaluating their emergency communication capabilities after the Maui wildfires, when the vulnerability of the island’s cellular network — and a lack of advanced communication tools in fire vehicles — complicated efforts by first...

Former Republican presidential candidate Vivek Ramaswamy takes a 7.7% stake in BuzzFeed

May. 22, 2024 13:51 PM EDT

Former Republican presidential candidate and biotech entrepreneur Vivek Ramaswamy has purchased a minority stake in BuzzFeed, the digital publishing company that shut down its media outlet last year. Shares of the company skyrocketed higher Wednesday. Ramaswamy...

Cybersecurity labeling for smart devices aims to help people choose items less likely to be hacked

May. 22, 2024 12:56 PM EDT

WASHINGTON (AP) — Consumer labels designed to help Americans pick smart devices that are less vulnerable to hacking could begin appearing on products before the holiday shopping season, federal officials said Wednesday. Under the new U.S. Cyber Trust Mark Initiative, manufacturers...