Pressure to drop TikTok from app stores intensifies: Following the removal of TikTok from various government and educational institutions, US senators are urging app stores to drop the controversial app.
Generative AI likely to have market stickiness: ChatGPT frenzy seems to be increasing as use cases proliferate beyond chatting. Compute costs could be a bigger risk than a market bubble.
Meta’s vow of efficiency marks renewed optimism: Meta shares rally after analysts upgrade stock due to Meta’s new, leaner direction. Meanwhile, the company continues to spend billions on an unrealized metaverse pivot.
Amazon adds ‘a thousand bots a day’: The ecommerce giant’s robotic fleet might surpass its human workforce. It’s part of an automation trend that could gain steam in a recession.
Breaking down Amazon’s layoffs: Its 18,000 job cuts are spread across a variety of business units and locations and could indicate where Amazon plans to pull back on investment this year.
Samsung unpacks incremental upgrades: Galaxy smartphones aimed at filmmakers and low-light photographers, plus a slew of high-end notebook PCs, are not the products consumers are looking to buy today.
Year of the chatbot: Google’s Apprentice Bard is among many chatbots we’ll see released by the tech industry this year. Investors are excited, but performance and monetization are market hurdles.
Fed guarantees more tech layoffs: PayPal, HubSpot, and Splunk are the latest among tech to ax workers. With more interest rate hikes ahead, tech’s layoff game will continue.
Returns have always been expensive for retailers, but right now they’re at an all-time high. “We’re seeing a lot of the fast-fashion retailers like Zara and others like J.Crew, and Abercrombie & Fitch starting to charge return shipping for online orders,” said our analyst Sky Canaves. But there’s more to it than charging. Here are six strategies for reducing returns.
Intel, Groupon, Workday announce layoffs: The historic bloodletting in Big Tech isn’t letting up anytime soon. While laid-off workers are left to evaluate their options, some companies are eager for Silicon Valley talent.
The anti-layoff tech crowd: A handful of companies have shown resistance to the tech industry’s layoff trend. Their strategies offer lessons for Big Tech but will likely be ignored.
Can airborne 5G networks fill connectivity gaps? A new antenna technology can deliver 5G coverage from high-flying aircraft, showing the versatility of mobile networks in areas terrestrial networks can’t cover.
China looms large for US, EU AI regulation: A first-of-its-kind transatlantic deal to deploy AI for vital industries shows there’s more political appetite to accelerate AI than to regulate it.
Cruise and Waymo on notice in San Francisco: Repeated incidents of idled robotaxis are delaying buses and impeding emergency workers. Complaints could stall countrywide expansion.
China to get its own ChatGPT: Baidu is planning to release an AI chatbot for its search engine. But errors, censorship by Beijing, and difficulties with monetization could pose trouble.
Text-to-design is the next big thing in AI: ChatGPT is all the rage, but expect to see more-advanced AI chatbots soon. Meanwhile, text-to-code will be bad for software developers.
US, allies put pressure on China’s chipmaking efforts: Key producers of equipment critical for advanced chip design won’t be exported to China, which could lead to reprisal or wider geopolitical retaliation.
The cloud can help retailers manage their inventories, create smart pricing strategies, and improve the employee experience. The cloud can even make it easier for retailers to increase personalization.
Intel’s comeback hits a snag: One of the first technology companies to resort to layoffs and restructuring last year is bracing for billions of dollars in losses and a longer runway to recovery.
Google bows to regulatory pressure: The European Commission demanded Google’s services provide more transparency for consumers. The move is a win for regulators pushing back on Big Tech.