Google has been investing a lot of money into its cloud-computing business to compete with Microsoft and Amazon. Those high investments are ultimately turned into a profit. Alphabet said that Google’s cloud-computing business is profitable for the first time after years of heavy investment. According to Alphabet’s earnings statement, “The segment generated $191 million in operating income…
Amazon CEO Andy Jassy said he doesn’t pay much attention to the company’s stock price, even after the shares lost half their value in 2022 amid fears of a recession and a bad year for tech stocks across the board. Jassy said, “I don’t spend a lot of my time focused on the stock price.” Jassy…
OpenAI CEO Sam Altman expressed that he is slightly scared of artificial intelligence technology and how it might affect the workforce, the spread of disinformation, elections, etc. OpenAI developed the ChatGPT that creates human-like responses to questions and sparked a new AI sensation in the world. Altman said, “I think people really have fun with ChatGPT. The…
The White House announced its much-awaited National Cyber Strategy. It provides a road map for how the White House administration aims to defend the USA from an increasing number of online threats. A key element of the new strategy consists of shifting the cybersecurity burden from individuals, local governments, and small businesses to software developers,…
