Tag: Jeff Bezos
Amazon’s Jeff Bezos sells $4 billion of shares Prime Video viewers lose more features
Multi-billionaire Jeff Bezos has sold more of his shares in Amazon, bringing the total value of sales in recent days to more than $4bn (£3.2bn). The technology giant, which Mr Bezos founded in 1994, said he has sold 24 million Amazon shares this month. Mr Bezos, who is the firm's executive chair, last sold Amazon…
US politicians call for AI legislation after Taylor Swift deepfakes, Polestar cuts 450 jobs
Image credit: Ronald Woan, Flickr. https://www.flickr.com/photos/rwoan/albums/72177720307235065/with/52792412295 US politicians have called for new laws to criminalise the creation of deepfake images, after explicit faked photos of Taylor Swift were viewed millions of times online. The images were posted on social media sites, including X and Telegram. US Representative Joe Morelle called the…
Tech Digest daily roundup: Jeff Bezos plans to give away most of $124bn fortune
Jeff Bezos plans to give away most of his $124bn (£110bn) fortune, he has told CNN. The Amazon founder, 58, is the world's second-richest man after Elon Musk, the Tesla boss and new owner of Twitter, according to Forbes. This is the first time he has said he plans to give away most of his…
Tech Digest daily roundup: Google sued for over £20 billion by publishers
Google is being sued for up to €25bn (£21.6bn) over claims it has deprived newspapers and internet bloggers of billions of pounds in advertising revenues. The Big Tech giant is facing class action complaints in the UK and the Netherlands that it used its advertising technology to unfairly sideline publishers while hoovering up ad revenues. …
Tech Digest daily roundup: What will Elon Musk takeover mean for Twitter?
Amazon founder Jeff Bezos has asked whether Elon Musk's deal to buy Twitter will give China "a bit of leverage" over the platform. Twitter is blocked in China but Mr Musk's electric car business Tesla is dependent on the company's plant in Shanghai and sales across the country for its global profits. Explaining the motivation behind his $44bn takeover, Mr…
Tech Digest daily roundup: Blue Origin loses NASA court case
Image: A Blue Origin rocket blasts off into space A judge has dismissed Jeff Bezos's private spaceflight company Blue Origin's lawsuit against NASA over the awarding of a moon-landing contract to SpaceX. In a single-page ruling, which Blue Origin has until 18 November to redact before it is released in full, the…
Tech Digest daily roundup: 90yo Shatner emotional after ‘profound’ space trip
Star Trek actor William Shatner has become the oldest person to reach space, calling his trip "the most profound experience". The 90-year-old blasted off from Texas at 3.49pm UK time on a Blue Origin rocket - the space company owned by Amazon founder Jeff Bezos. Shatner, who played Captain Kirk in the original Star Trek series,…
Tech Digest daily roundup: iPhone 13 numbers slashed due to chip shortage
Apple's shares dropped on Tuesday following reports it could slash its iPhone 13 production targets due to the ongoing global computer chip shortage. The electronic giant had expected to make 90 million iPhones in the last quarter of 2021, reported Bloomberg. However, Apple was now having to tell its partners that the total will be lower…
Tech Digest daily roundup: AI can tell if it’s going to rain in next 2 hours
Artificial intelligence can tell whether it is going to rain in the next two hours, research suggests. Scientists at Google-owned London AI lab DeepMind and the University of Exeter partnered with the Met Office to build the so-called nowcasting system. Traditional methods use complex equations and often forecast for only between six hours and two…
Tech Digest daily round up: Jimmy Fallon roasts Bezos over phallic rocket
Jimmy Fallon has roasted billionaire Jeff Bezos over his recent trip to space in a rocket made by the Amazon founder’s space company Blue Origin. Many have noted that the rocket, which is called New Shepard, is an unusual shape. It takes the form of a long cylinder topped with a dome. In short, it is very phallic. On…