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Roblox Raises Revenue Outlook As Games With Mature Content Attract Older Users
Roblox raised its annual bookings forecast, crediting increased user engagement and mature content for attracting older, higher-spending players.
World's First-Ever AI Law Now Enforced in Europe, Targeting US Tech Giants
The European Union's new AI Act, effective August 1, 2024, introduces strict regulations for AI technologies, impacting major U.S. tech companies with its comprehensive framework and penalties for non-compliance.
Meta's Stock Rises After Better-Than-Expected Q2 Earnings
Shares of the big tech company Meta jumped by about 7% in extended trading on July 31 after exceeding Wall Street expectations on revenue and profit for the second quarter of 2024.
Tesla Recalls 1.8 Million Vehicles Over Unlatched Hood Issues
Tesla's latest recall is the biggest since December, when it recalled 2.03 million vehicles to install safeguards in its Autopilot features.
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The AI tech aims to ease the workload of staffers and improve order accuracy. Taco Bell customers in the United States could soon have a different drive-thru experience as the chain looks to roll out AI drive-thru ordering.
The crash led to the death of 28-year-old motorcycle rider Jeffrey Nissen. A Tesla Model S car that was involved in a crash that killed a motorcyclist in the Seattle area in April was operating in "Full Self-Driving" mode at the time of the incident, police said.
The lawsuit accused Meta of illegally collecting the biometric information of millions of Texans without consent.
Aerospace industry veteran, Robert "Kelly" Orberg is Boeing's new CEO, effective August 8, 2024, replacing David Calhoun after a $1.4 billion loss in the second quarter and ongoing regulatory issues.
Dozens of ByteDance employees in Singapore were hospitalized for severe food poisoning, prompting an investigation by health officials into the third-party catering service used by the company.
Citigroup has repeatedly violated Regulation W, a U.S. Federal Reserve rule meant to limit risky intercompany transactions, leading to errors in its liquidity reporting.
Orange juice prices in the U.S. have surged to record highs due to a drop in orange production in Florida, mainly caused by extreme weather and an incurable citrus greening disease.
Delta Air Lines CEO Ed Bastian announced that a recent IT outage caused by a faulty CrowdStrike software update resulted in a $500 million loss for the airline and over 4,000 canceled flights.
Microsoft said that it would increase its spending on developing its artificial intelligence infrastructure despite a slowed growth in its cloud business.
Intel announced that it was making thousands of jobs redundant in order to reduce costs and to be able to afford an ambitious effort to rebound from an earnings slump and recent weak market share performances.

















