TV-streaming company Netflix posted a mixed quarterly financial report this week, as it pushed back the rollout of its new password-sharing crackdown initiative. Netflix originally said the rollout, which will make it…
Consumer
AI to Affect ‘Every Product of Every Company’ —Google’s Pichai
Alphabet CEO Sundar Pichai said society will need to adapt to the new capabilities of AI, and “every product of every company” will be impacted by the technology. Pichai talked at length…
PC Shipments Dropped Sharply in First Quarter of 2023
The PC market suffered a disappointing first quarter, with two analysts reporting worldwide shipments of desktops and laptops were down around 30% compared to the same period last year. IDC reported that…
Best Buy Inks Deal for Hospital-at-Home Setup
Consumer electronics retailer BestBuy has signed a three year deal with Atrium Health to sell the devices needed for patients to get hospital care at home. The three year deal with the…
Ford Cuts 3,800 Jobs in Europe as Shift to Electric Vehicles Continues
Ford has announced it will cut 3,800 jobs in Europe over the next three years as the automaker switches its focus to electric vehicle production and adopts a “leaner” structure. The car-making…
Baidu Set to Launch New AI Bot Similar to ChatGPT – Report
Baidu, often described as the Chinese equivalent of Google, is to launch an artificial intelligence chatbot service similar to ChatGPT in March, according to a report by Reuters. A source told the…
Tesla Engineer Testifies Self Driving Video Was Staged
Tesla staged a 2016 video used to promote self driving technology in its cars, according to a testimony by a senior engineer at the company. The 2016 video, which shows capabilities such…
European Union Preparing to Challenge Microsoft’s $69bn Activision Blizzard Acquisition – Report
The European Union is ready to challenge Microsoft’s proposed $69 billion deal to buy video game producer Activision Blizzard, potentially making it even more difficult for the tech giant to complete the…
Microsoft Plans $10bn ChatGPT Investment – Report
Microsoft is reportedly planning to invest $10 billion in OpenAI, the company behind the artificial intelligence tool ChatGPT. A report from Semafor suggests the investment is part of a funding round with…
Amazon to Cut 18,000 Jobs
Amazon has revealed plans to lay off more than 18,000 employees in response to worsening global economic conditions. A memo shared by Amazon CEO Andy Jassy with employees states several teams within…