Shares of database provider Snowflake jumped more than 19% in the wake of its report after dropping less than 1% in regular trading. Investors seemed to be encouraged that the company sailed well past its earlier quarterly product revenue projections and raised its full-year ... Read more âș
0
Donald Trump and his collaborators unveiled a crypto project, World Liberty Financial, on Monday in a livestream on X, though details on what the project does remain unclear. The former president and Republican presidential candidate reaffirmed his support for the U.S. crypto industry but didnât ... Read more âș
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In the artificial intelligence race, competition is fierce. Every big AI developer is watching rivals like a hawk and trying to reverse-engineer or copy their best work, as weâve reported.What can a leader like OpenAI do to keep its edge? The companyâs newly released reasoning model, o1-preview, aka Strawberry, shows one way: by hiding the ball on how the model actually solves problems. Read more âș
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Instagram on Tuesday announced a host of new privacy and safety features for young users, including new private accounts for teens and settings intended to curb late-night screen time for people under age 18. The new accounts arrive at a time when Instagram and many other major platforms are ... Read more âș
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Notion, a maker of popular task-management software, is injecting artificial intelligence into every pore of its products, aiming to make it easier for people to draft documents, summarize data and query spreadsheets. AI is also reshaping Notionâs executive ranks. The company recently hired Jackie Rocca, formerly vice president of product management at Salesforce. Rocca oversaw the integration of AI features into Slack, which Salesforce acquired in 2021. Her hire as... Read more âș
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Meta Platforms has banned Russian state media outlets including RT and Rossiya Segodnya from its platforms due to allegations that they have engaged in deceptive influence operations, Reuters and other news outlets reported. Metaâs move comes after the Justice Department earlier this month ... Read more âș
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Microsoft will raise the quarterly dividend that it pays investors to 83 cents a share, up from 75 cents, beginning in November, the company said late Monday. The software maker will also buy back $60 billion in stock, replacing its previous $60 billion stock buyback that the company initiated ... Read more âș
9
CEO letters to staff are usually written with so much bombast and blather that they say little of note. But thatâs not the case with one that came from Amazon CEO Andy Jassy today. Despite a sleepy headline, âStrengthening Our Culture and Teams,â Jassyâs letter delivers some home truths. Most notably, he made it clear that Amazon has evolved into a lumbering bureaucracy, with too many managers and some processes... Read more âș
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Intelâs stock jumped more than 8% in after-hours trading after CEO Pat Gelsinger published a memo outlining several ways he plans to revive the firm, including by making an artificial intelligence networking chip with Amazon and receiving more funding from the government. He said the chip ... Read more âș
0
Three federal appeals court judges hearing TikTokâs suit against the U.S. government over legislation that would ban the app in the U.S. focused their questions on the governmentâs claim that TikTok posed a national security risk. The line of query signaled the judges may be unswayed by TikTokâs ... Read more âș
31
Thierry Breton resigned from his role as internal market commissioner for the European Union, according to a letter the French official posted to X on Sunday night. He accused European Commission President Ursula von der Leyen of trying to prevent his candidacy for a second term in the EU ... Read more âș
0
One of Google's efforts to catch up to OpenAI in the artificial intelligence race is struggling. Googleâs conversational AI, Gemini, is too difficult for app developers and businesses to use compared to rivalsâ technology, according to interviews with developers and several Google employees that help companies use the AI. Read more âș
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Things are not looking great for TikTok. I spent the morning hearing TikTokâs lawyers present their arguments to convince a Washington appeals court that a ban would infringe on the First Amendment rights of 170 million American users, as well as creators. The response from the courtâa panel of three judges of the United States Court of Appeals for the D.C. Circuitâwas telling. They spent more time questioning TikTok lawyers... Read more âș
0
Amazon is planning to eliminate some management roles in an effort to streamline the company, CEO Andy Jassy said in a memo on Monday. The company is also ordering most employees back to the office five days per week. Jassy said in the memo that Amazonâs goal is to increase the ratio of ... Read more âș
3
Microsoft is rolling out new âCopilotâ features in its Office 365 software in an effort to convince more businesses to spend on the $30-per-user AI software, CEO Satya Nadella said Monday. The company is adding a new âCopilot Agentsâ feature that lets people configure AI agents that will carry ... Read more âș
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OpenAI finally released its Strawberry reasoning artificial intelligence last weekâor rather, an initial, less-complete version known as o1-preview. We first reported about the breakthrough behind Strawberry 10 months ago when it was still called Q*, and more recently told you what was coming, though we expected a more inspiring name than o1-preview!The reasoning model differs from prior large language models like GPT-4 in one key way: When training the reasoning... Read more âș
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TikTokâs parent company, ByteDance, is accelerating efforts to make its own artificial intelligence chips as it looks for an edge over its rivals in Chinaâs AI chatbot market. ByteDance is aiming for mass production of two semiconductors it has designed by 2026, in collaboration with chipmaker Taiwan Semiconductor Manufacturing Co., according to two people with direct knowledge of the matter. Production of the chips could reduce ByteDanceâs dependence on costly... Read more âș
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Insight Partners has $10 billion in commitments from its investors for its latest fund to back private tech startups, according to a person briefed on its plans. While thatâs half the $20 billion it had originally targeted at the tail end of the 2021-2022 bull market, itâs still a massive fund ... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: The firebrand investor who can explain MAGA techâą The Top 5: The doggone best pet gadgetsâą Plus: San Francisco goes Bourbon Street for fall; how yuppies live on; and the immigrants and the internet. Remember when an Apple unveiling was actually exciting? Honestly, I canât. Itâs probably been nearly a decade. This week brought more snoozy sameness. The iPhone got a new... Read more âș
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Walt Disney Co. reached a tentative agreement with satellite TV operator DirecTV that will allow Disneyâs TV channels to be restored to DirecTVâs lineup, the companies announced on Saturday morning. The agreement had blacked out Disneyâs ESPN during the US Open. Under the ... Read more âș
0
Startups that can cut down on costly paperwork for lawyers using generative artificial intelligence continue to draw investor dollars, despite the high costs of developing that software and the difficulties the startups face in acquiring exclusive legal data to train their models.The latest: San Francisco-based EvenUp, which develops AI software to help personal injury lawyers compile claims using medical documents and case files, is in talks to raise a new... Read more âș
15
Most popular sources
Business Insider
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36% 9 |
Tom's Hardware
|
9% 3 |
CNET
|
7% 3 |
Eurogamer.net
|
7% 6 |
Gizmodo
|
7% 1 |
| View sources » | |
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25.11.2024 03:54
Last update: 03:45 EDT.
News rating updated: 10:40.
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