Microsoft announces $1bn investment in OpenAI
Microsoft has announced a $1 billion investment in the artificial intelligence (AI) startup OpenAI.
Microsoft said in a news release that the two companies will...
No-deal Brexit could cost the UK economy £30 billion, OBR says
A no-deal Brexit could cost the UK economy £30 billion, according to a report by the Office for Budget Responsibility (OBR).
In its most recent...
Netflix added fewer subscribers than it projected in Q2, shares dropped 10%
Netflix added far fewer new subscribers than it projected it would add in the second quarter of 2019.
The streaming giant only added 2.7 million...
Spending habits infer psychological traits
A person's spending habits can infer certain psychological traits, according to new research published in Psychological Science.
Researchers looked at more than 2 million spending...
Deep learning algorithm can solve a Rubik’s Cube faster than most humans
Researchers at the University of California, Irvine, created an artificial intelligence system that can solve a Rubik's Cube faster than most humans, according to...
China’s economy grows at slowest pace in 27 years
The Chinese economy expanded at its slowest pace in 27 years in the second quarter of 2019.
According to data released by the Chinese government,...
Huawei reportedly planning on axing hundreds of jobs at its US operations
Chinese tech giant Huawei is reportedly planning on axing hundreds of jobs at its US operations.
People familiar with the matter told the WSJ that...
Deutsche Bank to axe 18,000 jobs worldwide
Deutsche Bank plans to axe 18,000 jobs worldwide over the next three years as part of a radical restructuring plan.
The move, which will see...
The UK’s productivity puzzle costs private sector workers £5,000 a year
The UK’s lack of multi-factor productivity growth is estimated to cost private sector workers an estimated £5,000 a year (on average) in lost income,...
The US lags behind other developed nations when it comes to recycling waste
The US lags behind other developed nations when it comes to recycling municipal solid waste. In fact, it is the only developed nation with...