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April 27, 2024
Parent company, ByteDance, denies claims it shares user data with Beijing for surveillance.
April 27, 2024
Is data science the right career path for you?Two professionals tell us what it takes to become a world-class data scientist.
April 26, 2024
The US-India Business Councils AI Task Force, co-chaired by Meta, drives cross-sector collaboration in AI. Infosys, UPS, BNY Mellon join the AI Board Advisory Committee to enhance innovation and collaboration, emphasizing responsible AI rollout and strategic industry alignment.
April 26, 2024
California’s math wars are roiling the state’s educational system, with contentious debates over high school curricula. At issue is whether a “data science” course should be available as a substitute for Algebra 2. The University of California and California State University systems previously accepted data science as an advanced math requirement in place of Algebra […]
April 26, 2024
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British groups "capability in artificial intelligence". "Darktrace is at the very cutting edge of cybersecurity technology, and we have long been admirers of its platform and capability in artificial intelligence," Thoma Bravo partner Andrew Almeida said in a statement.
April 26, 2024
Former Zomato executive Gupta will steer the venture as CEO, Bansal to stay away from operations. The fashion startup will focus on offline play in the premium womens wear fashion category and expand into other lifestyle segments later.
April 26, 2024
ByteDance considers shutting down TikTok over U.S. ban legislation, unlikely to sell due to crucial algorithms. China opposes forced sale. Mnuchin shows interest. ByteDances secret: the TikTok algorithm.
April 26, 2024
Microsoft beats revenue expectations with AI adoption in cloud services. Stock jumps 4%. Forecasted cloud revenue above Wall Street. Microsofts value increased by $128 billion. Azure revenue exceeded estimates.
April 26, 2024
Deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal.
April 26, 2024
Alphabet announced its first dividend and a $70 billion stock buyback, leading to a 16% stock surge. The company invests in data centers for AI competition, beating sales and profit expectations, while Meta Platforms also declared its first dividend.