Meta lays off 600 employees in older AI divisions
Hundreds of workers at Meta are losing their jobs, despite the company’s massive push into artificial intelligence.
Continue ReadingCNN – Social Media/Technology
Microsoft under European antitrust investigation over Teams
By Brian Fung, CNN Washington (CNN) — European officials are investigating whether Microsoft’s practice of bundling its Teams software with Office 365 is anticompetitive, the European Commission said Thursday. The EU probe follows a formal complaint by Microsoft’s rival, the Salesforce-owned Slack, in 2020, alleging that Microsoft has illegally circumvented competition. By packaging Teams together
Continue ReadingAC is hard on the planet. This building has a sustainable solution
CNN, CNN BUSINESS By Clare Duffy, CNN Video by John General, Deborah Brunswick and Hazel Tang, CNN New York (CNN) — In mid-July at the construction site at 1 Java Street in Brooklyn, New York, the outside temperatures can reach sweltering highs in the 90s. But 500-feet underground, it’s 55 degrees all year round. That
Continue ReadingAC is hard on the planet. This building has a sustainable solution
By Clare Duffy, CNN Video by John General, Deborah Brunswick and Hazel Tang, CNN New York (CNN) — In mid-July at the construction site at 1 Java Street in Brooklyn, New York, the outside temperatures can reach sweltering highs in the 90s. But 500-feet underground, it’s 55 degrees all year round. That stable, underground temperature
Continue ReadingElizabeth Warren and Lindsey Graham want a new agency to regulate tech
By Brian Fung, CNN Washington (CNN) — Two US senators are calling for the creation of a new federal agency to regulate tech companies such as Amazon, Google and Meta, in the latest push by members of Congress to clamp down on Big Tech. Under the proposal released Thursday by Sen. Elizabeth Warren, a Massachusetts
Continue ReadingElizabeth Warren and Lindsey Graham want a new agency to regulate tech
CNN By Brian Fung, CNN Washington (CNN) — Two US senators are calling for the creation of a new federal agency to regulate tech companies such as Amazon, Google and Meta, in the latest push by members of Congress to clamp down on Big Tech. Under the proposal released Thursday by Sen. Elizabeth Warren, a
Continue ReadingMeta stock climbs after company posts 11% revenue growth
By Catherine Thorbecke, CNN (CNN) — Meta’s “year of efficiency” seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street’s expectations. The results mark Meta’s second consecutive quarter of
Continue ReadingGoogle, Microsoft, OpenAI and Anthropic announce industry group to promote safe AI development
By Brian Fung, CNN (CNN) — Some of the world’s top artificial intelligence companies are launching a new industry body to work together — and with policymakers and researchers — on ways to regulate the development of bleeding-edge AI. The new organization, known as the Frontier Model Forum, was announced Wednesday by Google, Microsoft, OpenAI
Continue ReadingGoogle, Microsoft, OpenAI and Anthropic announce industry group to promote safe AI development
CNN By Brian Fung, CNN (CNN) — Some of the world’s top artificial intelligence companies are launching a new industry body to work together — and with policymakers and researchers — on ways to regulate the development of bleeding-edge AI. The new organization, known as the Frontier Model Forum, was announced Wednesday by Google, Microsoft,
Continue ReadingSamsung’s newest foldable phone is still outrageously pricey
By Samantha Murphy Kelly, CNN (CNN) — Samsung is doubling down on its foldable smartphones with a range of new features, but it’s not updating what’s arguably been the single biggest deterrent for customers: the high price tag. At its annual Unpacked event on Wednesday, held in Samsung’s home country of South Korea for the
Continue ReadingChatGPT creator pulls AI detection tool due to ‘low rate of accuracy’
By Samantha Murphy Kelly, CNN Business (CNN) — Less than six months after ChatGPT-creator OpenAI unveiled an AI detection tool with the potential to help teachers and other professionals detect AI generated work, the company has pulled the feature. OpenAI quietly shut down the tool last week citing a “low rate of accuracy,” according to
Continue ReadingMeta’s Threads gets a highly requested ‘following feed’
By Clare Duffy, CNN New York (CNN) — Meta on Tuesday launched a highly anticipated “following feed” option in its Threads app as part of its latest batch of updates that could help the new social platform further chip away at Twitter’s position in the market. The option to see a reverse chronological feed of
Continue ReadingTikTok brings in text posts to rival Elon Musk’s X
By Anna Cooban, CNN London (CNN) — TikTok will now allow users to post text-only content for the first time in a challenge to Elon Musk’s beleaguered X, formerly known as Twitter. Announcing the new post format Monday, the video streaming platform said it would broaden “options for creators to share their ideas and express
Continue ReadingTikTok brings in text posts to rival Elon Musk’s X
CNN By Anna Cooban, CNN London (CNN) — TikTok will now allow users to post text-only content for the first time in a challenge to Elon Musk’s beleaguered X, formerly known as Twitter. Announcing the new post format Monday, the video streaming platform said it would broaden “options for creators to share their ideas and
Continue ReadingTaiwan’s TSMC to invest $2.9 billion in new plant as demand for AI chips soars
By Juliana Liu, CNN Hong Kong (CNN) — TSMC, the world’s largest chipmaker, says it plans to invest nearly 90 billion New Taiwan dollars ($2.9 billion) to build an advanced chip plant in Taiwan, as it expands production to meet booming demand for artificial intelligence (AI) products. Last week, CEO C.C. Wei told analysts the
Continue ReadingElon Musk rebrands Twitter as X
By Jordan Valinsky New York (CNN) — In a radical rebranding, Twitter owner Elon Musk has replaced Twitter’s iconic bird logo with X. Musk made the shock announcement of his plans early Sunday. By Monday morning US time, he tweeted that X.com now points to Twitter.com. “Interim X logo goes live later today,” he wrote,
Continue ReadingElon Musk rebrands Twitter as X
CNN By Jordan Valinsky New York (CNN) — In a radical rebranding, Twitter owner Elon Musk has replaced Twitter’s iconic bird logo with X. Musk made the shock announcement of his plans early Sunday. By Monday morning US time, he tweeted that X.com now points to Twitter.com. “Interim X logo goes live later today,” he
Continue Reading‘It almost doubled our workload’: AI is supposed to make jobs easier. These workers disagree
By Catherine Thorbecke, CNN (CNN) — A new crop of artificial intelligence tools carries the promise of streamlining tasks, improving efficiency and boosting productivity in the workplace. But that hasn’t been Neil Clarke’s experience so far. Clarke, an editor and publisher, said he recently had to temporarily shutter the online submission form for his science
Continue ReadingOpenAI’s head of trust and safety is stepping down
By Clare Duffy, CNN New York (CNN) — OpenAI’s head of trust and safety announced on Thursday plans to step down from the job. Dave Willner, who has led the artificial intelligence firm’s trust and safety team since February 2022, said in a LinkedIn post that he is “leaving OpenAI as an employee and transitioning
Continue ReadingVisa and Mastercard can now be used on China’s biggest payment apps
CNN By Laura He, CNN Hong Kong (CNN) — Visiting China just got a whole lot easier for international travelers. Starting Friday, visitors are able to link their Visa (V) and Mastercard (MA) accounts to China’s most popular mobile payment platforms, allowing them to book taxis, ride the subway and pay for goods and services
Continue Reading