With Rhode Island this week becoming the seventh U.S. state to launch internet gambling, industry panelists at an online gambling conference predicted Wednesday that several additional states would join the fray in the next few years. Speaking at the Next.io forum on internet gambling and sports betting, several mentioned New York and Maryland as likely …
Chinese authorities are easing limits on mobile payments for foreigners and encouraging tourist attractions to accept cash and overseas bank cards in a bid to revive international visitor numbers. The central bank said on Friday that foreigners would be able to spend up to US$5,000 on a single mobile payment transaction, up from the previous …
Check out the companies making headlines in midday trading. Hormel Foods — Shares popped 13.3% after the food processing company beat fiscal first-quarter earnings and revenue expectations. It posted earnings of 41 cents per share, excluding items, on revenue of $3 billion. Analysts polled by FactSet had called for earnings of 34 cents per share …
Check out the companies making headlines before the bell. Snowflake — The cloud data company sank after posting disappointing product revenue guidance for the first quarter and announcing that CEO Frank Slootman is retiring. Snowflake said it expects product revenue to range between $745 million and $750 million in the current period, below the $759 …
Internet service fees are set to rise for 23 million American households after the Biden administration’s request for the continued funding of the Affordable Connectivity Program (ACP) fell on deaf ears in Congress. The program had been allocated $14.2 billion as part of the Bipartisan Infrastructure Law passed in November 2021, and provides discounts on …
The Legislature’s transportation committee on Wednesday is expected to approve language that would ban the use of the new virtual reality headset, or other similar technologies, while behind the wheel in Massachusetts. Straus, the committee’s House chair, said he crafted language with his staff over Monday night and Tuesday morning, and added it to an …
Stick figures image displayed on a laptop screen and a binary code displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 24, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images As tech firms prioritize investments into artificial intelligence and go on …
Liquid helium – through cryogenic technology – has been used as a coolant for nearly a century in research and applications that require extreme cold, from medical equipment to deep space exploration. But helium is a scarce resource, and demand is growing for its use in hi-tech industries. That is especially true for helium-3, a …
Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images AI has become the talk of the business world over the past year or so, thanks in no small part to the success of ChatGPT, OpenAI’s popular generative …
Image Credits: Kirillm / Getty Images Will AI automate human jobs, and — if so — which jobs and when? That’s the trio of questions a new research study from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), out this morning, tries to answer. There’s been many attempts to extrapolate out and project how the …