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META POSTS LOWER Q4 PROFIT, ANNOUNCES HUGE STOCK BUYBACK
Techlife News

META POSTS LOWER Q4 PROFIT, ANNOUNCES HUGE STOCK BUYBACK

Facebook parent company Meta posted lower fourth-quarter profit and revenue, hurt by a downturn in the online advertising market and competition from rivals such as TikTok.

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2 mins  |
Techlife News #588
GOOGLE HAS THE NEXT MOVE AS MICROSOFT EMBRACES OPENAI BUZZ
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GOOGLE HAS THE NEXT MOVE AS MICROSOFT EMBRACES OPENAI BUZZ

Before the artificial intelligence tool ChatGPT was unleashed into the world, the novelist Robin Sloan was testing a similar AI writing assistant built by researchers at Google.

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4 mins  |
Techlife News #588
OBNOXIOUSLY LOUD CAR? A TRAFFIC CAMERA MIGHT BE LISTENING
Techlife News

OBNOXIOUSLY LOUD CAR? A TRAFFIC CAMERA MIGHT BE LISTENING

After the relative quiet of the pandemic, New York City has come roaring back. Just listen: Jackhammers. Honking cars and trucks. Rumbling subway trains. Sirens. Shouting.

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6 mins  |
January 28, 2023
PROMISING GENE THERAPY DELIVERS TREATMENT DIRECTLY TO BRAIN
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PROMISING GENE THERAPY DELIVERS TREATMENT DIRECTLY TO BRAIN

When Rylae-Ann Poulin was a year old, she didn’t crawl or babble like other kids her age. A rare genetic disorder kept her from even lifting her head. Her parents took turns holding her upright at night just so she could breathe comfortably and sleep.

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4 mins  |
January 28, 2023
ELON MUSK: TWEETS ABOUT TAKING TESLA PRIVATE WEREN'T FRAUD
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ELON MUSK: TWEETS ABOUT TAKING TESLA PRIVATE WEREN'T FRAUD

Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia’s Public Investment Fund — although no specific funding amount or price was discussed.

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2 mins  |
January 28, 2023
MICROSOFT INVESTS BILLIONS IN CHATGPT-MAKER OPENAI
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MICROSOFT INVESTS BILLIONS IN CHATGPT-MAKER OPENAI

Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can write readable text and generate new images.

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2 mins  |
January 28, 2023
SPOTIFY LATEST TECH NAME TO CUT JOBS.AXES 6% OF WORKFORCE
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SPOTIFY LATEST TECH NAME TO CUT JOBS.AXES 6% OF WORKFORCE

Music streaming service Spotify said it’s cutting 6% of its global workforce, or about 600 jobs, becoming yet another tech company forced to rethink its pandemic-era expansion as the economic outlook weakens.

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2 mins  |
January 28, 2023
AMAZON LAUNCHES A SUBSCRIPTION PRESCRIPTION DRUG SERVICE
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AMAZON LAUNCHES A SUBSCRIPTION PRESCRIPTION DRUG SERVICE

Amazon is adding a prescription drug discount program to its growing healthcare business.

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2 mins  |
January 28, 2023
LEARNING TO LIE: AI TOOLS ADEPT AT CREATING DISINFORMATION
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LEARNING TO LIE: AI TOOLS ADEPT AT CREATING DISINFORMATION

Artificial intelligence is writing fiction, making images inspired by Van Gogh and fighting wildfires. Now it’s competing in another endeavor once limited to humans — creating propaganda and disinformation.

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2 mins  |
January 28, 2023
AI TOOLS CAN CREATE NEW IMAGES, BUT WHO IS THE REAL ARTIST?
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AI TOOLS CAN CREATE NEW IMAGES, BUT WHO IS THE REAL ARTIST?

Countless artists have taken inspiration from “The Starry Night” since Vincent Van Gogh painted the swirling scene in 1889.

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5 mins  |
January 28, 2023
CRYPTO FIRMS ACTED LIKE BANKS, THEN COLLAPSED LIKE DOMINOES
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CRYPTO FIRMS ACTED LIKE BANKS, THEN COLLAPSED LIKE DOMINOES

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets.

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3 mins  |
January 28, 2023
JUSTICE DEPT.SUES GOOGLE OVER DIGITAL ADVERTISING DOMINANCE
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JUSTICE DEPT.SUES GOOGLE OVER DIGITAL ADVERTISING DOMINANCE

The Justice Department and eight states filed an antitrust suit against Google, seeking to shatter its alleged monopoly on the entire ecosystem of online advertising as a hurtful burden to advertisers, consumers and even the U.S. government.

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4 mins  |
January 28, 2023
GOOGLE AXES 12,000 JOBS AS LAYOFFS SPREAD ACROSS TECH SECTOR
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GOOGLE AXES 12,000 JOBS AS LAYOFFS SPREAD ACROSS TECH SECTOR

Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs.

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3 mins  |
January 28, 2023
Netflix
Techlife News

Netflix

Digital entertainment: The ever-evolving streaming wars

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6 mins  |
January 28, 2023
SENATORS GRILL TICKETMASTER AFTER TAYLOR SWIFT FIASCO
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SENATORS GRILL TICKETMASTER AFTER TAYLOR SWIFT FIASCO

Senators grilled Ticketmaster this week, questioning whether the company’s dominance in the ticketing industry led to its spectacular breakdown last year during a sale of Taylor Swift concert tickets.

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4 mins  |
January 28, 2023
HOW (AND WHERE) TO WATCH OSCAR-NOMINATED FILMS ONLINE
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HOW (AND WHERE) TO WATCH OSCAR-NOMINATED FILMS ONLINE

Replete with spellbinding multiverses, “Everything Everywhere All at Once” topped the 95th Academy Awards nominations with 11 nods.

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7 mins  |
January 28, 2023
AMAZONSMILE'S END IS ALARMING, SAY NONPROFITS THAT BENEFITED
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AMAZONSMILE'S END IS ALARMING, SAY NONPROFITS THAT BENEFITED

Amazon’s surprise decision to shut down its AmazonSmile donation program has left thousands of its nonprofit beneficiaries disappointed and concerned about finding ways to replace the funding.

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3 mins  |
January 28, 2023
TESLA WILL INVEST S3.6B IN NEVADA TRUCK FACTORY EXPANSION
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TESLA WILL INVEST S3.6B IN NEVADA TRUCK FACTORY EXPANSION

Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last year, will keep margins higher than any other automaker.

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2 mins  |
January 28, 2023
TESLA SAYS ITS 40 PROFIT ROSE 59%, EXPECTS STRONG DEMAND
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TESLA SAYS ITS 40 PROFIT ROSE 59%, EXPECTS STRONG DEMAND

Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.

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3 mins  |
January 28, 2023
GOLDMAN SACHS SIGNALS PARTIAL RETREAT FROM CONSUMER BANKING
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GOLDMAN SACHS SIGNALS PARTIAL RETREAT FROM CONSUMER BANKING

Goldman Sachs no longer wants to be the bank for everyone.  The storied investment bank spent eight years attempting to expand its business beyond corporations and the wealthy.

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3 mins  |
January 28, 2023
THE PROS AND CONS OF SOFTWARE RUNNING YOUR CAR
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THE PROS AND CONS OF SOFTWARE RUNNING YOUR CAR

Software was a big theme for automakers attending CES 2023 in January. BMW, Stellantis, Volkswagen and a joint venture between Honda and Sony showed off upcoming or concept vehicles that are significantly reliant on computers and code.

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3 mins  |
January 28, 2023
MEMBER OF CONGRESS READS AI-GENERATED SPEECH ON HOUSE FLOOR
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MEMBER OF CONGRESS READS AI-GENERATED SPEECH ON HOUSE FLOOR

When U.S. Rep. Jake Auchincloss decided to deliver a speech on a bill that would create a U.S.Israel artificial intelligence center, he opted to let the Al do the talking.

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2 mins  |
January 28, 2023
NEW ICE CORE ANALYSIS SHOWS SHARP GREENLAND WARMING SPIKE
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NEW ICE CORE ANALYSIS SHOWS SHARP GREENLAND WARMING SPIKE

A sharp spike in Greenland temperatures since 1995 showed the giant northern island 2.7 degrees (1.5 degrees Celsius) hotter than its 20th-century average, the warmest in more than 1,000 years, according to new ice core data.

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3 mins  |
Techlife News #586
IRELAND FINES WHATSAPP 5.5M EUROS FOR EU PRIVACY BREACH
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IRELAND FINES WHATSAPP 5.5M EUROS FOR EU PRIVACY BREACH

Ireland fined WhatsApp on Thursday for breaching strict European Union privacy rules by forcing users to consent to allow their personal data to be used to provide “service improvements and security.”

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1 min  |
Techlife News #586
FEWER AMERICANS FILE FOR JOBLESS BENEFITS LAST WEEK
Techlife News

FEWER AMERICANS FILE FOR JOBLESS BENEFITS LAST WEEK

The number of people seeking unemployment benefits in the U.S. reached a four-month low last week, a sign that employers are holding on to their workers despite the Federal Reserve’s efforts to slow the economy and tamp down inflation.

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2 mins  |
Techlife News #586
AS US NEARS DEBT LIMIT, POLITICAL FRICTIONS RAISING ALARMS
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AS US NEARS DEBT LIMIT, POLITICAL FRICTIONS RAISING ALARMS

The countdown toward a possible U.S. government default is in the offing — with frictions between President Joe Biden and House Republicans raising alarms about whether the U.S. can sidestep a potential economic crisis.

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3 mins  |
Techlife News #586
RENNER SAYS HE'S HOME FROM HOSPITAL AFTER SNOW PLOW ACCIDENT
Techlife News

RENNER SAYS HE'S HOME FROM HOSPITAL AFTER SNOW PLOW ACCIDENT

Actor Jeremy Renner says he is out of the hospital after being treated for serious injuries from a snow plow accident.

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1 min  |
Techlife News #586
UNITED AIRLINES CEO WARNS TRAVELERS MORE DISRUPTIONS AHEAD
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UNITED AIRLINES CEO WARNS TRAVELERS MORE DISRUPTIONS AHEAD

The CEO of United Airlines said that other airlines won’t be able to handle all the flights they plan to operate this year, leading to more disruptions for travelers.

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2 mins  |
Techlife News #586
EU OUTLINES PLAN FOR CLEAN TECH FUTURE BOOSTED BY SUBSIDIES
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EU OUTLINES PLAN FOR CLEAN TECH FUTURE BOOSTED BY SUBSIDIES

The European Union pushed forward with a major clean tech industrial plan which not only should keep the continent in the vanguard of plotting a greener future but also guarantee its economic survival as it faces challenges from China and the United States.

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3 mins  |
Techlife News #586
NEVADA LITHIUM MINE GETS CONDITIONAL $700M GOVERNMENT LOAN
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NEVADA LITHIUM MINE GETS CONDITIONAL $700M GOVERNMENT LOAN

The U.S. Department of Energy announced a conditional loan of $700 million to an Australian mining company to pursue a lithium project still facing environmental hurdles in Nevada as the U.S. seeks domestic supplies for a key component in electric vehicle batteries.

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3 mins  |
Techlife News #586