Author: GT

BWX Technologies ‘ nuclear portfolio could expand from the Earth’s high seas to outer space, according to Bank of America. BWXT, originally Babcock & Wilcox until a 2015 restructuring, is best known for supplying the U.S. Navy with nuclear reactors for submarines and aircraft carriers. The company also makes parts for the U.S. civilian nuclear fleet in the U.S. Business in both areas is strong, leading Bank of America to increase its stock price target for BWXT by 42%, to $220 per share from $155 previously, implying 22% upside from current levels. But BWXT has a more speculative area of…

In early 2023, David Petrou, a distinguished engineer and founding member of both Google Goggles and Google Glass, made a surprising move. After more than 17 years at the company, he departed to launch his own startup. “I was seeing how fast technology was changing, and I felt there are certain ideas that are best explored in the context of a startup,” Petrou told TechCrunch. His ultimate idea was to build Continua, a consumer-facing company that uses AI agents to enhance collaboration and interaction in group chats on SMS, iMessage, and Discord. “The simple way to think about it is…

NEW YORK (AP) — Feeling nostalgic for the days when going back to school meant picking out fresh notebooks, pencils and colored markers at a local drugstore or stationary shop? The annual retail ritual is both easier and more complicated for today’s students. Chains like Walmart generate online lists of school supplies for customers who type in their zip codes, then choose a school and a grade level. One click and they are ready to check out. Some schools also offer busy parents a one-stop shop by partnering with vendors that sell premade kits with binders, index cards, pens and…

An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on Oct. 7, 2020.David Paul Morris | Bloomberg | Getty ImagesAmazon is rolling out same-day delivery of fresh foods to more pockets of the U.S. as it looks to encourage shoppers to add meat and eggs to their order while they’re browsing its sprawling online store.The company announced Wednesday it’s bringing the service to more than 1,000 U.S. cities and towns, including Raleigh, North Carolina, Tampa, Florida, and Milwaukee, Wisconsin, with plans to reach at…

Hackers claim to have compromised the computer of a North Korean government hacker and leaked its contents online, offering a rare window into a hacking operation by the notoriously secretive nation.  The two hackers, who go by Saber and cyb0rg, published a report about the breach in the latest issue of Phrack magazine, a legendary cybersecurity e-zine that was first published in 1985. The latest issue was distributed at the Def Con hackers conference in Las Vegas last week. In the article, the two hackers wrote that they were able to compromise a workstation containing a virtual machine and a…

Demand for AI “companion” applications outside of bigger names, like ChatGPT and Grok, is growing. Of the 337 active and revenue-generating AI companion apps available worldwide, 128 were released in 2025 so far, according to new data provided to TechCrunch by app intelligence firm Appfigures. This subsection of the AI market on mobile has now generated $82 million during the first half of the year and is on track to pull in over $120 million by year-end, the firm’s analysis indicates. Image Credits:Appfigures Unlike general-purpose chatbots, AI companion apps anthropomorphize AI interactions by allowing users to converse with custom characters,…

Back in 2019, the U.S. Federal Trade Commission (FTC) sued the dating app giant Match Group, accusing it of deceiving Match.com users into purchasing subscriptions through misleading means. Now, after six years, the company — which operates popular dating apps Match, Tinder, OkCupid, Hinge, and Plenty of Fish — has agreed to a $14 million settlement, as announced by the FTC on Tuesday. The FTC stated that the $14 million will be used to provide “redress to injured consumers.” According to the lawsuit, consumers were at risk of being scammed after the company sent marketing emails regarding new messages from…

SoundHound AI, already a major player in voice assistants, is now giving its technology a pair of eyes.Imagine driving past a landmark and, without pulling out your phone, asking your car, “What’s that building over there?” and getting an instant answer. That’s what SoundHound AI is building. With the launch of Vision AI, SoundHound’s new system combines sight with sound to create a much smarter and more natural way to interact with technology. The idea is to mimic how we as humans operate; we don’t just listen to someone, we also see their gestures and what they’re looking at.By bringing this…

Indian fintech giant Paytm has received long-awaited approval from the country’s central bank to operate as a payment services provider for online merchants — just days after one of its Chinese investors sold its entire stake — marking a key regulatory breakthrough after months of setbacks and scrutiny. On Tuesday, the Reserve Bank of India (RBI) granted “in-principle” approval to Paytm’s Payment Services unit to operate as an online payment aggregator, parent company One97 Communications said in its filing (PDF) to Indian stock exchanges. The approval comes more than two years after the Noida-based fintech was initially denied the license…

A week after Huawei announced its decision to open-source the CANN (Compute Architecture for Neural Networks) software toolkit, the tech industry is still processing what this move means for the future of AI development.By making its Huawei CANN open source alternative to CUDA freely available to developers worldwide, the Chinese tech giant has fired what many consider a significant shot in the battle against NVIDIA’s two-decade and continuing dominance over AI computing.While it’s a notable challenge to the status quo, the real question is whether Huawei can overcome the substantial technical and systemic barriers that have kept CUDA virtually unchallenged…