ITBEAR

Adobe Stock Hits Lowest Since May 2023 Amid AI Monetization Doubts

March 14, 2025 – Adobe’s shares dropped by 8.6% today, reaching their lowest level since May 2023. This decline followed the company’s announcement on Wednesday of its second-quarter revenue guidance, which is expected to range between 5.77billionto5.82 billion, aligning with market expectations. According to Reuters, Adobe is confronting fierce competition from startups while making slow…

Read More

Musk Continues Fight for $56 Billion Tesla Pay Package in Appeals Court

March 12, 2025 – According to Reuters, Elon Musk has officially filed an appeal on Tuesday local time, seeking to reinstate his $56 billion Tesla compensation package. In January 2024, Chancellor Kathaleen McCormick revoked the stock option compensation plan, citing its “unimaginable magnitude”. She deemed it unfair to Tesla shareholders, arguing that the board members…

Read More

OpenAI Unveils New Tool, Transitioning AI Agents from “Answering Queries” to “Executing Tasks”

March 12, 2025 – OpenAI, a leading artificial intelligence company, unveiled a series of new developer tools yesterday, aimed at simplifying the process of creating AI agents and enhancing their capabilities. The announcement marks a significant step forward in making OpenAI’s API platform more practical and relevant for real-world applications. Among the newly released tools…

Read More

Sony Unveils AI-Driven Game Character Prototype: Real-Time Voice and Animation Interaction

March 11, 2025 – According to a blog post published today by tech media outlet The Verge, Sony is currently developing AI-driven PlayStation game characters. The report was accompanied by a one-minute video showcasing an AI version of the character Aloy from the game “Horizon Forbidden West.” The video, narrated by Sharwin Raghoebardajal, Software Engineering…

Read More