Oct 17, 2024,04:28pm EDT Netflix exceeded Wall Street’s expectations for both earnings and revenue, adding 35 million paid subscribers year-over-year. This strong performance pushed the company’s stock up in after-hours trading, despite a noticeable slowdown in subscriber growth. Key Facts Netflix reported earnings of $5.40 per share and revenue of $9.82 billion for the […]
Oct 17, 2024 Instagram has introduced new safety features designed to protect teenagers from the growing threat of “sextortion” scams, as concerns continue to rise over the role social media plays in child safety. Key Facts Instagram will now block screenshots or screen recordings of disappearing messages in direct messages. When a user attempts
Oct 17, 2024 X is set to implement a controversial update to its block function, allowing users to view posts from accounts that have blocked them. This is the latest in a series of changes to the Elon Musk-owned platform, formerly known as Twitter, sparking widespread backlash among users. Key Facts X’s engineering page
As Microsoft gears up for its quarterly earnings report this month, finance leases have become a critical metric for investors to watch. Finance leases allow a company to spread the cost of an asset over several years instead of paying the full amount upfront. For a tech giant like Microsoft, which is aggressively expanding
Sep 25, 2024 In August, Google finalized a massive $2.7 billion deal with the AI chatbot startup Character.AI, ostensibly to acquire a license for using Character’s innovative technology. However, a Wall Street Journal report from Wednesday suggests a deeper motive: Google was keen on bringing back Noam Shazeer, a former employee and AI prodigy who
Google Spends $2.7 Billion to Bring Back Pioneer of Pre-ChatGPT AI Chatbot Read More »
September 25, 2024 at 7:44 PM GMT OpenAI is considering a significant transition to become a for-profit entity, with discussions around awarding Chief Executive Officer Sam Altman a 7% equity stake. This move, signaling a major shift, would mark Altman’s first ownership in the artificial intelligence powerhouse. The discussions suggest restructuring OpenAI into a public
OpenAI Considers Awarding Altman 7% Stake Amid Shift to For-Profit Model Read More »
July 19, 2024 at 11:00 PM GMT When Brendan Delaney, a doctor with the UK’s National Health Service, arrived at his London clinic on Friday, he anticipated a busy day with patients. Two months had passed since a devastating cyberattack impacted hospitals and clinics in southeast London. Doctors like Delaney, who also teaches at Imperial
How a Routine CrowdStrike Update Crashed Computers Worldwide Read More »
Jun 7, 2024,07:39am EDT Topline: Shares in GameStop, AMC Entertainment, and other meme stocks were highly volatile during premarket trading on Friday after “Roaring Kitty,” the finance influencer known for initiating the original meme stock craze, announced his first livestream in years. Key Facts: GameStop shares fell by 15% to $40 in premarket trading
May 13, 2024,01:54am EDT In an era where artificial intelligence (AI) plays a significant role in both our daily lives and our collective imagination, concerns about these systems gaining excessive power or becoming autonomous rulers of our future are commonplace. However, a closer examination of the current state of AI technology reveals that these fears,
Why Artificial Intelligence Isn’t Poised to Take Over the World in the Near Future Read More »
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