Snap lays off 10% of workforce in tech sector bloodbath
Snap announced Monday that it would lay off 10% of its workforce, adding to the debacle that has continued among U.S. tech giants since the beginning of the year. Snap said it expects to incur pre-tax charges “in the range of $55 million to $75 million” as a result of the cuts. The costs “primarily […]
State AGs warn Biden AI order could centralize control over tech, be used for ‘political ends’
Fox’s first appearance: A coalition of state attorneys general says an executive order on artificial intelligence signed by President Biden last year could be used by the federal government to “centralize” government control over emerging technologies, and that control could be used for political purposes. It warns that it could be used — including censorship […]
Fox News AI Newsletter: ‘Full House’ star on ‘frightening’ new tech
Welcome to Fox News’ Artificial Intelligence Newsletter, featuring the latest advancements in AI technology. In today’s newsletter: – Candace Cameron Bure says AI is scary and won’t be used in family movies– Biden’s efforts to protect U.S. technology from China have received mixed reviews from experts.– Creepy materialized AI avatars give your ChatGPT interactions a […]
TSA installing facial recognition tech in over 400 airports, despite major privacy concerns
The Transportation Security Administration recently quietly began planning to deploy facial recognition technology at more than 400 U.S. airports, despite significant privacy concerns. new york post It was reported on Thursday. A TSA spokesperson confirmed to the press that the agency is “in the early stages of implementing facial recognition capabilities at airport security checkpoints.” […]
Here’s what Apple fans — and tech giant’s own workers — have to say about groundbreaking Vision Pro
Before dawn Friday, hundreds of Apple fans began lining up outside the company’s flagship store in Manhattan to sample the new Vision Pro virtual reality set. An expensive gadget that they and even the tech giant’s own employees said was likely the only way to get their hands on one. Apple CEO Tim Cook, who […]
Meta reveals dividend plans, Apple slumps in China, Amazon soars as tech earnings hit
Meta announced its first-ever dividend plan, Amazon reported strong earnings, while Apple reported a sales slowdown in its key Chinese market as three major tech stocks reported quarterly results on Thursday. Big tech companies, three of the so-called Magnificent Seven, have been driving the market’s resurgence, but optimism has cooled in recent days as layoffs […]
It’s not enough to hold Big Tech accountable for harming kids
During a US Senate Judiciary Committee hearing on Tuesday, Lindsey Graham delivered a scathing attack on Meta CEO Mark Zuckerberg. “I have blood on my hands,” the South Carolina senator said as the audience cheered. “The product you have developed will kill or injure people.” Zuckerberg joined the CEOs of TikTok, Snapchat, Discord, and X […]
Biden’s push to protect US tech from China garners mixed reviews from experts
The Biden administration’s move to force cloud companies to disclose when foreigners use their platforms to power artificial intelligence could be seen as an escalation in the ongoing tech war between China and the United States. However, experts are divided on how effective this strategy is. “We need the federal government to take the threat […]
Big Tech faces brutal question on Capitol Hill over content harming kids
Top leadership at big tech companies on Wednesday faced tough questions from senators on both sides of the aisle over the future of industry regulation related to combating online child sexual exploitation. The CEOs of Meta, TikTok, X, Snap, and Discord testified Wednesday at a Senate Judiciary Committee hearing. The hearing centered on the question […]
4 takeaways from a heated hearing with tech CEOs
Senators on Wednesday slammed the CEOs of Meta, TikTok, Snap, Discord and X during a heated hearing on the harm done to teens and children online. Meta CEO Mark Zuckerberg and TikTok CEO Shou Zi Chew spoke from a panel primarily focused on how teens and children can be harmed through Facebook, Instagram, and TikTok. […]