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Apple removes WhatsApp, Threads from App Store in China after demand by Beijing over security concerns
New York Post· 2024-04-19 17:50
Apple on Friday removed WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns — raising new worries over censorship by Beijing’s Communist regime.Two other popular foreign messaging apps — Telegram and Signal — were also removed from the app store on Friday, according to app tracking firms Qimai and AppMagic.The removal of the four apps suggests growing intolerance on the part of China’s central government towards at l ...
Google CEO tells staffers the office is not a place to ‘debate politics' after firing 28 for anti-Israel sit-ins
New York Post· 2024-04-19 15:56
Google CEO Sundar Pichai laid down the law to his global workforce after firing 28 workers who stormed company offices to protest the Big Tech giant’s ties to Israel.In a heated 1,200-word memo, Pichai wrote Google “is a business, and not a place to act in a way that disrupts co-workers or makes them feel unsafe, to attempt to use the company as a personal platform, or to fight over disruptive issues or debate politics.”“This is too important a moment as a company for us to be distracted,” he added in the m ...
Sony in talks with Apollo to team up on bid to buy Paramount: sources
New York Post· 2024-04-19 00:46
Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told The Post on Thursday.Paramount, controlled by media heiress Shari Redstone, has been conducting exclusive talks with Skydance on a potential deal — which has drawn backlash from investors who fear their shares in the publicly traded media giant would get diluted. Sony and Apollo have not made an official offer, a source close to the negotiations told The Post. 3 Shari Redstone, who controls Paramou ...
Mark Zuckerberg's Meta releases early versions of Llama 3 AI model in bid to catch ChatGPT
New York Post· 2024-04-18 20:40
Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users type prompts, as it races to catch up to generative AI market leader OpenAI.The models will be integrated into its virtual assistant Meta AI, which the company is pitching as the most sophisticated of its free-to-use peers, citing performance comparisons on subjects like reasoning, coding and creative writing against offerings from rivals inclu ...
Netflix crushes subscriber forecasts again with more than 9M new customers
New York Post· 2024-04-18 20:31
Netflix blew past Wall Street expectations for the second straight quarter on Thursday as ad-supported streaming plans helped bring in 9.3 million new customers as the streaming giant’s decision to crack down on password sharing continue to pay dividends.Earnings per share for January through March came in at $5.28, compared with $2.88 a year earlier.Netflix revenue rose 14.8% to nearly $9.4 billion during the period, when the service debuted titles such as sci-fi drama series “3 Body Problem” and crime thr ...
BlackRock, Wall Street firms reportedly steered billions to blacklisted Chinese companies
New York Post· 2024-04-18 18:41
A congressional investigation found that Wall Street used billions of dollars of American retirement savings and other investments to buy shares in index funds that included several blacklisted Chinese companies, the Wall Street Journal reported Thursday.The probe, conducted by a bipartisan House committee empowered to devise strategies for the US to counter China, focused on world’s largest asset manager BlackRock, headed by Larry Fink, and index provider MSCI, the report said.BlackRock and MSCI did not im ...
Biden admin gives $6.1B to Micron Technology to help boost chip factories in New York
New York Post· 2024-04-18 13:44
Joe Biden’s administration reached an agreement to dole out a staggering $6.1 billion in government support for semiconductor manufacturer Micron Technology to produce advanced computer memory chips in New York and Idaho.Senate Majority Leader Chuck Schumer (D-NY) personally pursued US-based Micron to build what will ultimately be a set of four chip factories near Syracuse in the town of Clay, according to Fortune.”It will be the biggest memory chip plant in America,” Schumer said, per Fortune. “For the Syr ...
Elon Musk admits Tesla sent ‘incorrectly low' severance packages to some laid-off employees
New York Post· 2024-04-18 12:40
Tesla chief Elon Musk admitted in an internal email sent Wednesday that some of the staffers affected by the electric automaker’s 10% headcount reduction earlier this week had received “incorrectly low” severance packages.“As we reorganize Tesla it has come to my attention that some severance packages are incorrectly low,” Musk wrote in the brief email obtained by CNBC. “My apologies for this mistake. It is being corrected immediately.”The actual terms of the axed Tesla workers’ severance pay weren’t immedi ...
Google fires 28 employees involved in sit-in protest over $1.2B Israel contract
New York Post· 2024-04-18 01:45
Google fired 28 employees on Wednesday night over their involvement in a 10-hour sit-in at offices in New York and Sunnyvale, California, to protest the company’s $1.2 billion cloud contract with Israel, The Post has learned.The employees were terminated after an internal investigation. In a companywide memo obtained by The Post, Google vice president of global security Chris Rackow said their “behavior was unacceptable, extremely disruptive, and made co-workers feel threatened.”“Following investigation, to ...
John Catsimatidis' Red Apple Group taps energy exec to lead rollout of small nuclear reactors
New York Post· 2024-04-17 19:59
New York billionaire John Catsimatidis said his firm Red Apple Group is looking to make “green” energy affordable by developing a new breed of small nuclear reactors — and the company has hired a seasoned energy executive to lead the effort.The $7 billion conglomerate — which owns the Gristedes and D’Agostino’s grocery chains, as well as WABC 770, fossil fuel and real-estate businesses — also owns United Nuclear Group, which said Wednesday it’s looking to roll out small modular reactors throughout the US an ...