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ARMONK, N.Y., April 28, 2025 /PRNewswire/ -- Today IBM (NYSE: IBM) announced plans to invest $150 billion in America over the next five years to fuel the economy and to accelerate its role as the global leader in computing. This includes an investment of more than $30 billion in research and development to advance and continue IBM's American manufacturing of mainframe and quantum computers. "Technology doesn't just build the future — it defines it," said Arvind Krishna, IBM chairman, president and chief executive officer. "We have been focused on American jobs and manufacturing since our founding 114 years ago, and...

19-year-old Tilly Lockey is the bionic teen who continues to defy the odds. After contracting meningitis as a baby, Tilly’s hands were amputated to save her life. But through state-of-the-art bionic hands controlled by her mind, Tilly has been able to live a normal life. This week, Tilly became the first person to get the most advanced wireless hands in the world - making her stronger than she’s ever been. She’s back in the studio to show us her new hands, alongside robotics engineer Joel Gibbard who helped create them.

Nvidia has announced plans to build AI supercomputers in Texas and invest up to $500 billion in AI production within the United States. Barron’s reports that AI powerhouse Nvidia has commissioned over a million square feet of manufacturing space in Arizona and Texas to build and test its Blackwell chips and AI supercomputers. This marks the first time that Nvidia will be producing its cutting-edge AI technology entirely within the United States. Nvidia’s Blackwell chips have already started production at TSMC’s chip plants in Phoenix, Arizona. Meanwhile, the company is constructing supercomputer manufacturing plants in partnership with Foxconn in Houston...

A bipartisan bill reintroduced in Congress last month could offer long-awaited relief to small tech companies hit hardest by an obscure federal tax change — one that many founders say is threatening their survival. The American Innovation and R&D Competitiveness Act of 2025 (HR 1990), introduced last month by US Reps. Ron Estes (R-KS) and John Larson (D-CT), would restore the ability for companies to immediately take tax deductions on research and development costs, including software development labor. The act would undo the controversial Section 174 change that took effect in 2022, which now requires businesses to amortize those costs...

It all happened overnight and in a matter of minutes. Ben Zhou, CEO of the cryptocurrency exchange Bybit, made a series of routine transfers from his home computer. A short while later, his company called to inform him that his reserves of Ethereum, the second most-used cryptocurrency after Bitcoin, worth $1.5 billion, had vanished. By then, the ethers had already been transferred to thousands of other people’s digital wallets. Bybit had just suffered the largest theft in history. Five days later, the FBI confirmed what some analysts suspected from the outset: the attack was the work of Lazarus, a hacking...

Digital payments network Zelle has shut down its mobile app as of April 1st. This has come as a result of very few customers using the app to make payments, instead using Zelle through their bank or credit union.As a result of the change, customers of Zelle will now only be able to make payments via a financial institution that offers it. The company was launched in 2017 and is available in over 2,200 U.S. financial institutions.Although Zelle’s main reason for shutting down its app is because of lack of use, the move could also be seen as an attempt...

Over the next decade, advances in artificial intelligence will mean that humans will no longer be needed "for most things" in the world, says Bill Gates. That's what the Microsoft co-founder and billionaire philanthropist told comedian Jimmy Fallon during an interview on NBC's "The Tonight Show" in February. At the moment, expertise remains "rare," Gates explained, pointing to human specialists we still rely on in many fields, including "a great doctor" or "a great teacher." But "with AI, over the next decade, that will become free, commonplace — great medical advice, great tutoring," Gates said. In other words, the world...

OpenAI and Google, having long trained their ravenous bots on the work of newsrooms like this one, now want to throw out long established copyright law by arguing, we kid you not, that the only way for the United States to defeat the Chinese Communist Party is for those tech giants to steal the content created with the sweat equity of America’s human journalists. “With a Chinese Communist Party determined to overtake us by 2030,” OpenAI wrote last week to the federal Office of Science and Technology Policy, “the Trump administration’s new action plan can ensure that American-led A.I. built...

On Friday, SpaceX's Crew-10 mission launched to help bring back the two astronauts stranded at the International Space Station. Astronauts Barry "Butch" Wilmore and Suni Williams were supposed to just be at the ISS for eight days, but they've been stuck there since June 2024. A SpaceX Dragon capsule, riding atop one of the company's Falcon 9 rockets, is carrying the four Crew-10 astronauts - NASA's Anne McClain and Nichole Ayers, Takuya Onishi of the Japan Aerospace Exploration Agency, and Roscosmos cosmonaut Kirill Peskov - to orbit.They are going to replace SpaceX's Crew-9, NASA astronaut Nick Hague and Roscosmos cosmonaut...

lon Musk revealed that the cyberattack which took down his social media app X on Monday seemingly originated in Ukraine. His bombshell revelation came during an interview with Fox Business Network on Monday afternoon following repeated glitches with his site, which has been down for much of the day. 'Well, we don't we're not sure exactly what happened, but there was a massive cyber attack to try to bring down the X system with IP addresses originating in the Ukraine area,' Musk said in the interview. Musk confirmed earlier in the day that X has been targeted by a 'massive...

YouTube, once a haven for video enthusiasts, has become a platform overrun with advertisements. It’s not uncommon for users to encounter multiple ads before, during, and after their desired video content. This begs the question: what’s driving the proliferation of ads on YouTube? YouTube’s primary revenue stream is through its Partner Program, which allows content creators to monetize their videos through advertisements. The platform takes a 45% cut of the ad revenue, while the creator receives 55%. This model has proven to be incredibly lucrative, with top YouTubers earning millions of dollars annually. However, this revenue-sharing model has created an...

McDonald’s is the latest fast food restaurant to use artificial intelligence to step up its game. The fast food giant is overhauling all 43,000 restaurants with an AI makeover in an attempt to cut wait times and make a better experience for both customers and employees. Upgrades will start with internet-connected kitchen equipment, AI-enabled drive-throughs and AI-powered tools for managers to help make sure that orders are accurate and so restaurants can predict equipment issues before they shut down. To accomplish this mission, the company tapped Google Cloud in late 2023 to implement more computing power in restaurants, allowing them...

An Ontario man who called a trio of ‘drag queen story hour’ performers “groomers” has been ordered to pay them $380,000 in restitution, in a landmark decision that will shape anti-LGBTQ speech in Canada for years to come. Three years ago, Brian Webster, who ran a Facebook page in Thunder Bay, Ontario, saw an article in the CBC about an upcoming ‘drag queen story hour.’ Commenting on a story, Webster wrote: TAXPAYER FUNDED CBC REPORTER JON THOMPSON HAS AN AGENDA TO PROMOTE. ASK YOURSELF WHY THESE PEOPLE NEED TO PERFORM FOR CHILDREN? GROOMERS. That’s the agenda. Just look at the...

I'm going to be talking about 0:04 Trump the media coverage of him and in 0:06 particular a decision that was made 0:09 Friday 5:00 p.m. by the National 0:10 Institutes of Health to cap the indirect 0:14 payments to Universities at 15% 15 cents 0:17 on the dollar for NIH Awards this has 0:19 created a load of controversy among 0:22 academic researchers we're going to 0:23 unpack that and we're really going to 0:24 get into the details of how universities 0:26 run

While public discourse is consumed by a deluge of executive orders and scandalous exposés of waste and corruption, the Trump administration, with Elon Musk’s United States DOGE Service (USDS) at the helm, is quietly executing a radical AI-driven overhaul of federal operations.The recently established USDS, whose goal is to “[modernize] Federal technology and software to maximize governmental efficiency and productivity,” has instead handed Musk and his allies unprecedented control over federal technology strategy — with little scrutiny and even less accountability.What was pitched as a reasonable efficiency initiative is rapidly escalating into a full-scale AI revolution, one that raises serious...

Delaware is facing a further exodus of tech companies amid reports that Meta and Dropbox are moving out of the state. Newsweek has contacted Meta and Dropbox for comment via email. Why It Matters Delaware has long been considered a business-friendly state due to its corporate tax advantages, and is home to multiple large companies. However, backlash against the First State has intensified after Delaware Judge Kathaleen McCormick ruled that Tesla CEO Elon Musk's record-breaking $56 billion compensation package was excessive. Musk, who has become increasingly influential in both the political and corporate world, urged companies to pull out of...

Canadian TikTok users are claiming the app is also down for them as the U.S. ban takes effect, with dozens of annoyed Canadian users flocking to X to vent their frustrations. On Saturday night, the popular social media app was removed from American app stores, with access blocked for American users as a warning message reading, "A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can't use TikTok for now," with two options at the bottom prompting users to "Learn more" or "Close app." The message also shouted out President-elect Donald Trump, with developers writing,...

Intel's (INTC) fall from grace seemed to happen all at once. Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report. Its market cap has dropped 80% since 2000 — when it was one of the most valuable companies in the world. Company insiders and industry analysts tell Yahoo Finance that Intel's dramatic crash is the result of a slow deterioration spanning more than two decades. “They had a God complex; they were super arrogant,” a former high-level executive who worked at Intel for...

Here’s a quick note to send out to you that are about to cast your vote today. BRING YOUR OWN PEN. Why? In 2020 they were handing out markers to voters. This bleeds through the ballots and messes with the machines ability to read the ballots properly as there will be numerous dots all over it. Well, reports are coming in from all over the country that they’re doing that again. Some say that it’s not a problem because the ballot will then go to adjudication. But who can trust that? Also, make sure your ballot doesn’t have a DOT...

A tiny town in North Carolina that’s just been devastated by hurricane Helene could end up severely disrupting the global supply chain for microchips and solar panels. Nestled in the Appalachian mountains, the community of Spruce Pine, population 2,194, is known for its hiking, local artists and as America’s sole source of high-purity quartz. Helene dumped more than 2 feet of rain on the town, destroying roads, shops and cutting power and water. But its reach will likely be felt far beyond the small community.