Amazon says “a tiny fraction” of sellers paid for ads for products users couldn't buy and pledges a fix; Amazon offered a $15K refund to a seller seeking $300K — The company has pledged to reimburse sellers for the mistake and make fixes to its lucrative advertising operation.
Foxconn reports Q4 revenue down 5.7% YoY to ~$59B, as cloud and networking demand falls, net profit up 33% YoY to $1.69B, and expects flat 2024 consumer demand — Revenue fell on lackluster demand for cloud and networking products and a slowing personal-computer market
Filing: the NYT denies OpenAI's claims that the NYT “hacked” ChatGPT to create misleading evidence of copyright infringement, calling the claims “grandstanding” — The New York Times (NYT.N) has denied claims by OpenAI that it “hacked” the company's artificial intelligence systems …
Spotify rolls out music videos to its mobile and desktop apps in beta in 11 markets, including Brazil, Italy, and the UK, available to Premium subscribers — Spotify is adding music videos to its mobile and desktop apps in some markets. They are tightly integrated with the company's music library …
A survey of US teens: 38% say they spend too much time on their phone, vs. 27% for too much social media; girls are more likely to report too much phone time — Most teens at least sometimes feel happy and peaceful when they don't have their phone, but 44% say this makes them anxious.
Elon Musk says xAI plans to open-source Grok this week; xAI released Grok in November 2023, offering access to “real-time” data via a $16/month X subscription — Elon Musk said Monday he will open-source Grok, X's AI chatbot rivaling ChatGPT, this week, days after suing OpenAI …
A look at the challenges of academic AI research, as costs to develop generative AI models grow rapidly and tech companies' salaries drain academia of talent — With eye-popping salaries and access to costly computing power, AI companies are draining academia of talent
An interview with Slack CEO Denise Dresser about bringing her own personality to the job, plans to use generative AI, competing with Microsoft Teams, and more — Three chief executives in one year will do that — It's not often you see an established company burn through three CEOs in less than a year.
A look at the design options Apple considered for its car, including one by Jony Ive that resembled a modern reincarnation of the 1950s Volkswagen microbus — The Apple car was a case study in what happens when corporate indecision, technological challenges and market realities combine …
Q&A with ex-PlayStation boss Shawn Layden about his support for Web3 gaming company Readygg, blockchain games, mass layoffs, AI, controlling costs, and more — Shawn Layden used to run Sony Interactive Entertainment's Worldwide Studios, a position that gave him unique insight into the whole industry and triple-A games.
Sources: Klarna co-founder Victor Jacobsson, who left in 2012 and owns ~4% directly, may have an 8%+ stake via special purpose vehicles ahead of an expected IPO — Jacobsson used right of first refusal to buy Klarna stock and used veto rights to exercise influence despite leaving in 2012
A look at Trump's TikTok flip-flop, as he recognizes the app's appeal to younger voters and repairs his relation with ByteDance investor and GOP donor Jeff Yass — I don't want Facebook, who cheated in the last Election, doing better. They are a true Enemy of the People!" Trump posted on Truth Social Thursday.
Experts say the weakening of LockBit and BlackCat marks a significant milestone in efforts to thwart cybercriminals, but ransomware hackers are not going away — - LockBit and BlackCat thrived using ransomware as service model — Law enforcement seized websites belong to both hacking groups
Sarah Kessler / New York Times : US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; Com...
