Technology

Disney, Netflix go on AI hiring sprees as strikes drag on

Disney, Netflix go on AI hiring sprees as strikes drag on

Help wanted. As the Writers Guild and Screen Actors Guild – American Federation of Television and Radio Artists strikes drag on — and with the use of AI being a major point of contention in negotiations — major entertainment companies appear to be hiring for jobs in the AI realm. The Hollywood Reporter searched searched through job listings and found …

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25 craziest TikTok challenges and the ordeals they’ve caused

25 craziest TikTok challenges and the ordeals they've caused

Humanity has hit Tok bottom. Created in 2016 as a portal for short, humorous clips, TikTok has recently become synonymous with something far more sinister: viral internet challenges. Pull up the video-sharing app and you’ll inevitably see opportunistic bozos risking their reputations and even bodies on camera for social media clout — like if Snapchat was created by the “Jackass” …

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Apple CEO Tim Cook was denied company’s credit card: report

Apple CEO Tim Cook was denied company's credit card: report

Billionaire Apple CEO Tim Cook was denied a credit card carrying the iPhone maker’s logo because of a snafu in the company’s troubled joint venture with Wall Street giant Goldman Sachs, according to a report. Cook, whose net worth is valued by Forbes at $2 billion, was turned down for an Apple Card after his account was flagged by credit …

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Meta’s Reality Labs has lost over $21B since start of 2022

Meta's Reality Labs has lost over $21B since start of 2022

Meta’s second-quarter earnings showed that Reality Labs, its virtual and augmented reality development business, has lost a staggering $21.3 billion since January 2022 — and executives warned the bleeding will only get worse. The unit recorded $276 million in Q2 sales this year — down from the $339 million it drew in during Q1, underscoring how VR and AR technology …

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Meta expects higher ad spending after Q2 of $32B in revenue

Meta expects higher ad spending after Q2 of $32B in revenue

Meta Platforms forecast third-quarter revenue above market expectations on Wednesday, sending shares up on the suggestion that it anticipated higher ad spending as a result of an improving macroeconomic environment. The company expects July-September revenue in the range of $32 billion to $34.5 billion, compared with analysts’ average estimate of $31.30 billion, according to Refinitiv data. “We continue to see strong engagement …

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Twitter X logo will evolve over time after debut

Twitter X logo will evolve over time after debut

X owner Elon Musk is already tinkering with the platform’s updated black-and-white logo design — days after he abandoned Twitter’s iconic blue bird symbol. Musk, 52, briefly unveiled a version of the simplistic “X” design, which features white lettering on a black background, with slightly bolder lines than the original version. The revised version appeared on the company’s homepage for …

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Galaxy Z Flip 5, Fold 5

Galaxy Z Flip 5, Fold 5

Samsung Electronics on Wednesday unveiled two foldable smartphones as it continues to bet on devices with bending screens, a budding market that has yet to fully take off because of high prices. The clamshell-designed Galaxy Z Flip 5 and Galaxy Z Fold 5, a larger device that opens and folds like a book, will be available for pre-orders starting Wednesday …

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GM, BMW, Honda, Mercedes to launch EV charging network in challenge to Tesla

GM, BMW, Honda, Mercedes to launch EV charging network in challenge to Tesla

Seven major automakers say they’re joining forces to build a North American electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in the US and Canada. General Motors, BMW, Honda, Hyundai, Kia, Mercedes and Stellantis said Wednesday that they will share in a multi-billion dollar investment to build “high power” charging stations with …

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Women’s jobs to be hurt more by AI than men’s, McKinsey says

Women's jobs to be hurt more by AI than men's, McKinsey says

When artificial intelligence begins automating jobs once done by humans, women will have to worry more than men, according to a new study by McKinsey & Co. The report, which was compiled by the consulting firm’s research arm, McKinsey Global Institute, analyzed US labor-market trends through 2030, and found that women are 1.5 times more likely to need to change …

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