Roku Cutting 10% of Staff to Rein In Rising Expenses
The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link
Consumer electronics
OpenAI Launches Business Version of ChatGPT That Competes With Microsoft
The new product puts the startup in direct competition with Microsoft, its largest backer and partner. Source link
This Company Is Nvidia’s AI Chip Partner—and Its Stock Is Soaring
SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been...
Chromebooks Were Once a Good Deal for Schools. Now They’re Becoming E-Waste.
Educators say the simple laptops are no longer a good deal because once they reach their expiration dates they have...
Please Support This Ice Maker: Big Manufacturers Try Crowdfunding to Market-Test Products
GE Appliances and others seek customer feedback and payment in advance to help validate a concept. Source link
A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the...
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Car Prices Might Be Unsustainable for Buyers
Surging loan delinquencies signal that many consumers can’t afford their auto loans. Source link
America’s Tech Giants Rush to Comply With New Curbs in Europe
Some of the impact will hit right away, changing how users scroll, search and shop online. Source link
Amazon Wants You to Pay With Your Palm. It’s a Sneak Attack on Apple and Google.
It’s also a potentially massive play to make Amazon the central ID system for your whole life—from banking and loyalty...
Viet Dinh to Leave as Fox’s Chief Legal Officer
The architect of the company’s ill-fated strategy in a defamation battle that resulted in a record $787.5 million settlement is...
Biden Restricts U.S. Investment in China
The executive order also requires U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source link
Apple Sees Third Straight Quarter of Falling Sales, but Services Unit Hits Record
Sales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets. Source link
‘Barbenheimer’ Delivers Blowout Weekend at the Box Office
The dual release of “Barbie” and “Oppenheimer” offers relief to an otherwise sleepy summer for film debuts. Source link
Google, McDonald’s, Exxon Headline Busy Earnings Week
A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. Source link
Exotic New Silicon-Based Speakers Are Coming to Next-Generation Earbuds
Speakers the size of an asterisk have the potential to change the way we reproduce sound, cope with hearing loss—and...
FTC Pauses Effort to Block Microsoft-Activision Deal
What to Read Next Source link
Microsoft and Activision Blizzard Extend $75 Billion Merger Deadline
The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link
Microsoft and Activision Blizzard Still Committed to $75 Billion Merger
The companies plan to continue work to resolve lingering regulatory issues. Source link
Meta, Microsoft Team Up to Offer New AI Software for Businesses
The Meta AI model, dubbed Llama 2, will be free and available to developers building software on Microsoft’s Azure cloud-computing...
