Tech sell-off drags Nasdaq lower

Tech sell-off drags Nasdaq lower

New York – A broad-based selloff in technology stocks weighed heavily on the Nasdaq Composite on Wednesday, overshadowing gains in other sectors. The broader market also came under downward pressure, with the S&P 500 closing lower. The tech-heavy Nasdaq fell 2.2%, marking a continuation of the recent rotation away from high-growth stocks. Mega-cap tech companies,…

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Capgemini Predicts AI-Driven Self-Employed Workers to Debut in 2025

Capgemini Predicts AI-Driven Self-Employed Workers to Debut in 2025

Capgemini, a leader in technology services, predicts that by 2025, AI-powered agents will collaborate to perform tasks within a multi-agent AI framework. Pascal Brier, Capgemini’s chief innovation officer, revealed in an interview with CNBC that the company is already working with companies that are exploring these agent-based technologies. He noted that applications involving more autonomous…

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CrowdStrike Outage Highlights Risks of Rapid Software Updates

CrowdStrike Outage Highlights Risks of Rapid Software Updates

A widespread outage caused by a faulty CrowdStrike software update has raised concerns about the potential consequences of rapidly deploying the software. The incident, which disrupted operations at numerous companies and government agencies around the world, underscores the critical importance of rigorous testing and quality assurance processes. Experts believe the problematic code likely slipped past…

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Growing Calls for Biden to Withdraw from 2024 Election

Growing Calls for Biden to Withdraw from 2024 Election

A growing wave of congressional Democrats and former national security officials are urging President Joe Biden to step down from the 2024 presidential race. On Friday afternoon, 34 Democratic lawmakers publicly called on Biden to reconsider his candidacy. Biden’s campaign co-chair said the president is considering who would be the strongest candidate to uphold Democratic…

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