Elon Musk Buys Twitter, Gets Rejected As CEO

Elon Musk and Twitter have been in the headlines consistently for the past year. From a complete takeover to mass layoffs and data regulation breaches, Twitter has seen a lot in such a short period. Musk, a billionaire, founder, innovator, and businessman had bought Twitter entirely for $44 billion earlier in 2022. The microblogging platform …

ChatGPT Can Now Browse The Internet, OpenAI’s Latest Update Offers Accurate Responses

ChatGPT is going to the next level with the new update. OpenAI’s ChatGPT has unveiled a major update, which includes the ability to connect to the internet. Additionally, the latest version of GPT-4 now incorporates more than 70 third-party browser plugins, among other features. Currently, these enhancements are exclusively available to ChatGPT Plus subscribers, who …

7th Annual Summit on Women Leaders in Financial Services Law 2023

CIOCoverage is an official Media Partner with Women Leaders in Financial Services Law Summit starting from June13th 2023. Hosted by American Conference Institute, the 7th Annual Summit on Women Leaders in Financial Services Law focuses on increasing the prominence of women through professional development, substantive legal discussion, and woman-to-woman networking. This year’s co-chairs include Marina …

Google Has Launched Google Bard In India

Google has released its artificial tool, Google Bard, to assist users with simple or complex functions. Despite being in the beta stage, Google has made the chatbot accessible to over 180 countries, including India. This chatbot rivals ChatGPT regarding operations, UI, features, and limitations. Powered by LaMDA and PaLM2, Google Bard AI simplifies complex tasks, …

A Comprehensive Guide To The Most Innovative Chatbots

Technology has come a long way. What started as relieving humans of excessive manual labor in the physical world is now also transforming the digital realm. Chatbots are the latest example of this technological advancement. Despite garnering mixed reactions (“Are chatbots friends or foes?”), they are here to stay—and 2023 is their year. In this …

Kenvue Debuts Historically with a 22% Jump in the Public Market

Johnson & Johnson’s consumer-health spinoff Kenvue became the biggest U.S. IPO in over a year, with a 22% jump after its market debut on the New York Stock Exchange. The events of May 4, 2023, puts the company roughly at a value of $50 billion.   Trading under the ticker KVUE, the company holds a range …

Credit Suisse CEO Joining UBS as Merger Closes in 2 Weeks

Swiss banking giant, UBS, has confirmed that Ulrich Koerner, CEO of Credit Suisse, will join its executive board after acquiring its domestic rival. The two banks will keep operating separately “for the foreseeable future” despite the high-profile merger expected to close within two weeks. Driven by the concern that Credit Suisse may encounter financial difficulty …

Lordstown Motors Warns Of Bankruptcy After Foxconn Threatens To Walk Away From Crucial Funding Deal

Lordstown Motors, an electric vehicle (EV) startup, has been in the news for all the wrong reasons lately. The news of the company’s potential bankruptcy is a significant blow to its efforts to establish itself in the competitive EV market. Lordstown hangs in the balance as its shares fell over 23% on May 1, and …

SpaceX To Spend About $2 Billion On Starship This Year, As Elon Musk Pushes To Reach Orbit

With an impressive budget of around $2 billion, SpaceX is dedicated to advancing the development of its Starship rocket, according to Elon Musk. After the recent launch on April 20th, Musk is confident that the next flight will successfully achieve orbit, without requiring any extra financial support. He is optimistic about the program’s progress and …

Tesla Cuts Prices In Us For Sixth Time This Year

Tesla has once again reduced the prices of some of its Model Y and Model 3 vehicles in the United States. This is the sixth time the company has cut prices this year as it aims to boost demand, even if it means sacrificing its industry-leading profit margins. However, the price reductions have caused the …