Vietnam is experiencing a loss of billions of dollars in investments from major multinationals like Intel and LG Chem due to a lack of sufficient investment incentives, according to a document from the country’s investment ministry. Intel had proposed a $3.3 billion investment in Vietnam and requested 15% “cash support,” but ultimately decided to move … Read more
McDonald’s decided to end its partnership with IBM after its AI technology led to drive-thru ordering issues. Despite this setback, IBM’s stock rose as analysts applauded its advancements in AI. This incident highlights the current limitations of AI in complex tasks like order taking, but also suggests that future improvements are likely. Various fast-food chains … Read more
Intel executives are facing a shareholder derivative lawsuit filed by an investor who claims they were misled about the financial performance of the company’s foundry business. The complaint, filed by Stourbridge Investments, alleges that Intel management made false statements about the success of its foundry business from January 25 of this year. The investor is … Read more
Missouri has filed a lawsuit against IBM in state court, alleging that the company has implemented unlawful diversity quotas to boost the representation of black, Hispanic, and female employees within its workforce. The lawsuit, which was filed on June 21, 2024, accuses IBM of violating state laws by enforcing these quotas. This legal action marks … Read more
Google officially launched its Find My Device network in April after a delay caused by Apple implementing anti-stalking measures. The network has faced numerous challenges, such as a lack of available system updates and a default setting that restricts operation to high-traffic areas. The result is a weak network with many blind spots, hindering its … Read more
Microsoft has issued a warning regarding a flaw in the latest security update for Windows Server 2019, which could leave users vulnerable to the same security risks it was supposed to address. An out-of-band update has been released to address the issue, but it is peculiar in that it does not include any new security … Read more
Bing, Microsoft’s search engine, experienced a significant outage early in the morning, affecting searches from Microsoft’s Edge browsers and services relying on Bing’s search API. The outage coincided with Google’s recent announcement of AI summaries being added as a default feature for all searches. This raised concerns about the reliance on a single search engine … Read more