To counter a 20% YoY drop in sales, Ford discounts its EV Mustangs. In the crowded EV market, competitors can stand out with lower prices or longer range.
Startup job market gains its footing as VC funding picks up: Despite economic headwinds and a tech skills deficit, companies are still hiring, with new startups snatching talent.
The chip giant says it will begin producing 2-nm chips in 2025. A clear product runway for next-generation microprocessors will help secure future business from its customers.
Amazon wants to make Alexa as smart as ChatGPT: A leaked memo about a smarter, more conversational voice assistant shows pressure to ignore obvious risks in Big Tech’s AI race.
The increased reliance on cloud services and apps in organizations is opening up a Pandora’s box of vulnerabilities. Businesses need to tighten their security or risk monumental losses.
Unity’s latest layoffs illustrate an industry-wide strategy: Job cuts, office downsizing, in-person requirements, and automation are running themes that could spoil brand images and revenue streams among Gen Z consumers.
T-Mobile’s weakness in protecting critical customer data is exposed—its investments and expansion could be overshadowed by a questionable security record.
Companies will have to pony up for a custom ChatGPT: OpenAI changes its privacy options to alter how it handles data, which could mean higher customer prices.
Neato exits robotic vacuum market: The brand’s underperformance speaks to an oversaturated market, but vacuum cleaners are just the beginning of household robotics that’ll get juiced by AI.
IBM is all in on AI and even predicts it can replace thousands of jobs with technology in the next five years. Premature announcements could keep tech talent away.
Mastodon simplifies its sign-up process to attract more users: Elon Musk at Twitter create opportunities for alternative platforms.
Amazon Web Services’ Q1 revenue grew 16% YoY, trailing behind Microsoft and Google, reflecting a weak economy, the tech sector’s slowdown, and AI’s rise.
Meta thinks it needs OpenAI’s help to build software: As generative AI startups attract top talent to push the innovation needle, Big Tech companies like Meta should reconsider layoffs strategy.
Snapchat didn’t learn from Microsoft Bing growing pains: The My AI chatbot is disturbing social media users, with some wanting to delete the app. Tech companies are wise to exercise caution.
As AI adoption intensifies, so does the need for regulation. AI companies have an opportunity to help creative industries navigate new applications responsibly.
GM cancels its best-selling EV, the Chevy Bolt, while Tesla slashes prices to accelerate sales. Intensifying competition could be the opportunity for consumers to switch to EVs.
AI’s ‘superpowers’ behind tech layoffs: Dropbox, Lyft, and Clubhouse lay off over a thousand workers. Tech’s economic pain has eased, but Wall Street’s love of AI and layoffs is stoking the downsizing trend.
After service interruptions and a fee of $50,000 a month to access Twitter’s API, the MTA is now relying on its own apps and alerts. Other utilities could follow suit, shedding value for Twitter.
There’s a remedy for fallout from ChatGPT’s errors: Researchers found that more interactive chatbots are more helpful for users. Improving chatbot interface designs could prevent unintended consequences.