The company is shedding dozens of jobs while giving employees a chance to be rehired, revealing it is far more resilient than other Big Tech companies.
Amazon shows caution on AI chatbots: It hasn’t demonstrated Microsoft’s cavalier approach on the technology but is harnessing generative AI startup power for cloud growth while it builds competing products.
US may try to kneecap China’s quantum computing ambitions: The government is mulling semiconductor-style export controls that may be easily circumvented. Meanwhile, it could hurt domestic companies and inflame tensions.
50% of Americans support a government ban on TikTok, with higher support among Republicans and older Americans. Continued scrutiny could be TikTok’s downfall.
Cutting back international availability of 23 technologies used in semiconductors production makes future chipmaking efforts more difficult for China.
AGI would be like an ‘alien civilization’: A top AI researcher issues a dire warning about tech companies training advanced models. There’s a safer, more productive approach to AI.
The regtech Fourthline has netted €50M to build out its platform which uses AI to help banks and fintechs handle compliance.
Big Tech is back on top: Microsoft, Apple, Google, and Meta are responsible for stock market resilience in the wake of Silicon Valley Bank’s collapse, but economic uncertainty is high.
Total US retail return volume will reach $627.34 billion this year, a 2.2% increase YoY, according to our forecast. Some retailers are turning to return fees to make up for increased costs, but that’s a risky move that may end up alienating customers. Here are three alternatives to return fees, ranging from the short term (building out product descriptions and customer reviews) to the long term (creating a returns as a service offering).
San Francisco sees a rise in other vehicles hitting AVs and drivers fleeing the scene with little fear of being caught. Technology alone cannot solve this issue.
Gaming consolidation and the economic downturn hit the industry hard. Startups and independent game studios stand to lose exposure.
A chatbot-induced suicide could get regulators' attention: AI’s Eliza effect is triggering mental health issues. Companies will struggle to balance entertainment value with safety amid the AI arms race.
Huawei hammered by US sanctions, commodity prices: Its profits nosedive is a symptom of the macroeconomic and geopolitical issues affecting tech. Volatility means more uncertainty for the rest of 2023.
Walmart looks to improve its online shopping experience: The retail giant cut down clutter on its revamped website and app to entice shoppers to browse and buy.
The chipmaking giant is appealing for its government to shore up production on key manufacturing equipment to better compete with the US and China.
Google shows its dissatisfaction with Bard: Alphabet’s Google and DeepMind subsidiaries are joining forces to take on OpenAI. The AI model-building effort could get a boost from Nvidia’s H100.
Tech’s economic pain spreads to gaming: Electronic Arts lays off hundreds of workers. Hiking game prices during high inflation could hurt revenue and mean more cuts ahead.
While social commerce is on the rise in the US, livestream commerce has yet to take off. In addition, advances in technology (like ChatGPT) may help jumpstart voice commerce adoption. Here’s what marketers need to know to take advantage of the increase in physical and digital shopping channels.
SES and Intelsat, two of the world’s largest satellite operators, are close to a merger deal that would create a $10B company to compete with SpaceX and Amazon.
Replit, a popular online coding platform with 20 million users, is partnering with Google Cloud to create AI programming applications and challenge Microsoft’s GitHub Copilot X.