Tech News
Mark Cuban Raises Concerns About Chatbots and Online Misinformation
Billionaire investor and technology personality, Mark Cuban, has expressed concern that the rise of AI chatbots like ChatGPT could exacerbate the problem of online misinformation. In a recent podcast appearance, Cuban observed that while false and inaccurate information is often propagated through social media platforms like Facebook and Twitter, which appear to be human-controlled, on…
The Next Frontier of AI: Baidu Takes on OpenAI in a Global Technological Competition
The battle between Chinese and American technology companies has once again begun. The competition between Baidu and OpenAI’s ChatGPT represents the latest front in this ongoing technological race. Baidu, the largest Chinese search engine, has made significant investments in artificial intelligence and machine learning. The company is now seeking to challenge OpenAI’s ChatGPT, a state-of-the-art…
YouTube Shorts Reaches 500 Billion Daily Views: A Rare Bright Spot for Alphabet
YouTube recently announced that its daily view count for short videos has surpassed 5 billion. This news comes as a rare bright spot for Alphabet, as the company has been facing challenges in various other business ventures. In a phone interview, Google’s Chief Business Officer, Philipp Schindler, described this as an “early stage” for Shorts…
China ChatGPT is Coming: Baidu Stock Rises Over 13% in US, Over 7% in Hong Kong
According to recent reports, Baidu is set to launch China’s ChatGPT. This has led to a surge in Baidu’s stock prices, with the US stock rising by almost 15% and Hong Kong stock by over 7%. Many institutions have released information regarding the significant growth potential for Baidu. Macquarie has adjusted its earnings per share…
Intel’s 2022 Q4: A Disappointing Turnaround with a $700 Million Net Loss
Intel announced its fourth quarter financial results for 2022. The company reported a net loss of $700 million, a significant reversal from the previous year’s profit of $3.4 billion. The loss was attributed to a number of factors, including increased competition and a slowdown in the personal computer market. One of the biggest reasons for…
Amazon’s Second Wave of Layoffs: Over 3,000 Employees in New York, California, and Washington to be Affected
Amazon has recently announced that over 3,000 of its employees in New York, California, and Washington will be losing their jobs. This is part of the company’s second round of large-scale layoffs. The company has submitted layoff notices to these three states in accordance with legal requirements over the past two weeks. According to documents,…
Alphabet to Lay off 12,000 Employees Amid Accelerated Tech Industry Cutbacks
Alphabet, the parent company of Google, has announced that it will lay off 12,000 employees in a memo to staff. This move comes as the latest indication of accelerated layoffs in the US tech industry. In a similar move, Microsoft, a competitor of Google, announced on January 18th that it will lay off 10,000 employees…
Uber partners with car manufacturers for low-cost electric vehicles for ride-hailing and delivery
Uber is reportedly working with car manufacturers to design cost-effective electric vehicles for its ride-hailing and delivery services. This is part of the company’s effort to electrify its fleet. Uber CEO Dara Khosrowshahi announced at an event that the company is collaborating with manufacturers to develop vehicles that are optimized for urban use, transporting passengers…
Google’s Pixel Fold to Enter Mass Production in Q3 2023
Google’s highly-anticipated foldable phone, the Pixel Fold, will not be released in the first half of this year, according to recent reports from The Elec. Instead, the device is expected to be available in the 4th quarter of 2023. The Pixel Fold will feature a 7.57 inch foldable inner screen and a 5.78 inch outer…
Netflix to expand crackdown on password sharing in Q1 2023
Netflix has announced plans to expand its efforts to curb account sharing by introducing paid account sharing in the first quarter of 2023. According to the company, widespread account sharing has weakened its ability to invest in and improve the service. In a statement, Netflix said, “Widespread account sharing (exceeding 100 million households) has weakened…