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Tesla May Be a Better Haven Than Treasuries. Here’s Why.
Tesla May Be a Better Haven Than Treasuries. Here’s Why.
Nvidia’s AI chip exports to China are under threat, General Motors reaches deal with striking Canadian auto workers, and other news to start your day.
2023-10-16 18:46
‘This will pass’: Reddit boss responds to major chaos at site
‘This will pass’: Reddit boss responds to major chaos at site
The current outrage at Reddit will “pass”, its chief executive has said, as the site continues to deal with one of its most significant protests ever. In recent days, many of the site’s largest forums have gone “dark”, as moderators set them to private, meaning they cannot be seen by the world. The changes also meant that Reddit became overwhelmed and stopped working for a brief period on Monday. That was a response to a move by Reddit to start charging for access to its data, which meant that third-party apps for viewing the forum became unsustainable. Reddit chief executive Steve Huffman said that the protest was a “challenge” and “we have our work cut out for us”. Staff have been working around the clock to deal with technical problems and engage with the moderators who run those forums, he said in a memo that was first reported by The Verge. He also said that the company has “not seen any significant revenue impact so far and we will continue to monitor”. “There’s a lot of noise with this one. Among the noisiest we’ve seen,” he wrote. “Please know that our teams are on it, and like all blowups on Reddit, this one will pass as well. The most important things we can do right now are stay focused, adapt to challenges, and keep moving forward.” He suggested that while two biggest third-party apps had announced they would be shutting down, along with some others. But he said that others were still in “conversations” with the company. Mr Huffman also advised staff that they should be “mindful of wearing Reddit gear in public”. “Some folks are really upset, and we don’t want you to be the object of their frustrations.” He also claimed that “starting last night, about a thousand subreddits have gone private”. That is far below third-party estimates, which suggest that the vast majority of the thousands of the site’s forums have gone dark. Reddit’s chief executive has been at the heart of the fallout over the changes at the site. He conducted an ask me anything session on the site, intended on quelling protest – but which was met with widespread criticism from the site’s users and moderators. Unlike other social networks such as Facebook, Reddit relies on unpaid moderators to check the content and administer the posts on its forums. As such, those moderators are able to make changes to the forums as they wish.
2023-06-14 02:20
ADL says it will resume advertising on X following feud with Elon Musk
ADL says it will resume advertising on X following feud with Elon Musk
The Anti-Defamation League on Wednesday said it plans to resume advertising on X, the platform formerly known as Twitter, following a spat with owner Elon Musk.
2023-10-05 04:46
Aurora Supercomputer Blade Installation Complete
Aurora Supercomputer Blade Installation Complete
SANTA CLARA, Calif.--(BUSINESS WIRE)--Jun 22, 2023--
2023-06-22 23:22
Amazon discloses 181 million users in EU in first store transparency report
Amazon discloses 181 million users in EU in first store transparency report
(Corrects to add dropped word "store" in headline and paragraph 1) By Supantha Mukherjee STOCKHOLM (Reuters) -Amazon has more than
2023-10-25 18:27
Save over $400 with the best Prime Day deals on Philips espresso machines
Save over $400 with the best Prime Day deals on Philips espresso machines
TL;DR: A range of Philips espresso machines are on sale for Prime Day, saving you
2023-07-11 19:19
Dying Light 2 is getting a The Walking Dead crossover
Dying Light 2 is getting a The Walking Dead crossover
'The Walking Dead' is crossing over with 'Dying Light 2'.
2023-07-03 19:19
Did xQc threaten Adept? Kick streamer's cryptic remarks about ex-girlfriend leaves Internet divided: 'Going to leak it all'
Did xQc threaten Adept? Kick streamer's cryptic remarks about ex-girlfriend leaves Internet divided: 'Going to leak it all'
The xQc and Adept controversy continues to persist, as the ongoing drama has resurfaced once again due to a recent statement made by the Kick streamer
2023-08-11 22:29
The Supply Chain Vulnerability Scan from Cosmo Tech is now Available on the SAP® Store
The Supply Chain Vulnerability Scan from Cosmo Tech is now Available on the SAP® Store
LYON, France--(BUSINESS WIRE)--Jul 20, 2023--
2023-07-20 22:15
Western Digital, Japan's Kioxia call off merger talks -source
Western Digital, Japan's Kioxia call off merger talks -source
By Yoshifumi Takemoto TOKYO (Reuters) -Western Digital and Japan's Kioxia Holdings have called off merger talks after failing to agree
2023-10-27 07:47
Elon Musk forces firms to pay X $1,000 to keep gold ticks
Elon Musk forces firms to pay X $1,000 to keep gold ticks
Elon Musk will force companies on X to pay at least $1,000 (£770) per month in order to keep their verified status on the platform. From 7 August, any brand that does not pay the fee to the company formerly known as Twitter will lose the gold check mark that appears next to the account name. The latest strategy, which was first reported by The Wall Street Journal, comes amid declining ad revenues and fresh competition from text-based platforms launched by Meta and TikTok. Mr Musk responded to the report by stating that brands could also pay $1,000 per month for a verified organisation subscription. “This more than pays for itself in organic reach,” he posted on X. “The reason for the $1,000/ month is to set a moderately high bar to be a verified org, so that an org must be of non-trivial size to qualify and to make it expensive for scammers to create millions of accounts.” Earlier this month, the tech billionaire revealed that the company was suffering from negative cash flow issues after advertising revenue dropped by 50 per cent following his $44 billion takeover of the platform. Mr Musk has undertaken aggressive cost-cutting measures, which included firing more than 6,000 employees. He has also appointed former advertising executive Linda Yaccarino as the firm’s CEO in an effort to woo advertisers. The rebranding from Twitter to X could also open up new revenue streams, with Mr Musk planning to transform the social network into an “everything app” similar to China’s WeChat. X has already secured money-transmitting licences in three US states, which will allow payments to be integrated into the platform. Ms Yaccarino said on Monday that she believed X represented “the future state of unlimited interactivity”, integrating audio, video, messaging, and the ability to book and pay for goods and services. Powered by AI, X will connect us all in ways we’re just beginning to imagine,” she posted on X. “For years, fans and critics alike have pushed Twitter to dream bigger, to innovate faster, and to fulfil our great potential. X will do that and more.” Read More What is Elon Musk’s ‘everything app’ X? Elon Musk takes control of @X account from user who had held it for 16 years Elon Musk’s ‘X’ is already trademarked by Mark Zuckerberg What is Elon Musk’s ‘everything app’ X?
2023-07-27 19:22
Musk says China detailed plans to regulate AI
Musk says China detailed plans to regulate AI
Top Chinese officials told Elon Musk about plans to launch new regulations on artificial intelligence on his recent trip to the Asian giant, the tech billionaire said Monday, in his...
2023-06-06 06:51