By Friederike Heine, Supantha Mukherjee and Andreas Rinke BERLIN/STOCKHOLM (Reuters) -Intel will spend more than 30 billion euros ($33 billion)

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By Foo Yun Chee BRUSSELS Photoshop maker Adobe expects to get an EU antitrust warning on its $20

MrBeast shares update on the viewership count of Sidemen Charity Match

Welcome to Social Buzz, a daily column looking at what’s trending on social media platforms. I’m Caitlin Fichtel,

AUSTIN, Texas & OSLO, Norway--(BUSINESS WIRE)--Jun 15, 2023--

Tesla’s “Master of Coin” has stepped down after working at the Elon Musk-owned electric vehicle company for over 13 years. Zachary Kirkhorn became Tesla’s chief financial officer four and a half years ago in 2019, and was reportedly a potential successor to Mr Musk in running the EV company. The Tesla boss had dubbed him “Master of Coin” in 2021 – a reference to a title in hit TV series Game of Thrones. “During his tenure, Tesla has seen tremendous expansion and growth. Tesla thanks Mr Kirkhorn for his significant contributions,” Tesla noted in an SEC filing. Tesla’s current chief accounting officer, Vaibhav Taneja, will succeed Mr Kirkhorn, the electric automaker said on Monday. “This morning Tesla announced that I’ve stepped down from my role as Chief Financial Officer, succeeded by our Chief Accounting Officer, Vaibhav Taneja,” Mr Kirkhorn posted on his LinkedIn profile. “Being a part of this company is a special experience and I’m extremely proud of the work we’ve done together since I joined over 13 years ago,” he said. Mr Taneja previously worked as Tesla’s chief accounting officer up to March 2019, prior to which he worked as corporate controller from May 2018. It remains unclear what led to Mr Kirkhorn’s surprise decision to quit his role as Tesla’s CFO. Tesla recently announced its second quarter earnings, reporting a 20 per cent increase from the same quarter last year, better than what analysts estimated. Mr Kirkhorn’s departure also comes ahead of Tesla’s much-anticipated launch of its Cybertruck later this year. “As I shift my responsibilities to support this transition, I want to thank the talented, passionate, and hard-working employees at Tesla, who have accomplished things many thought not possible,” he said. Tesla shares dropped by about 3.5 per cent on Monday following the news, and continued to fall as the market opened. Mr Kirkhorn is expected to stay on till the end of 2023 to assist his successor with the transition. “I would like to thank Zach Kirkhorn for his many contributions to Tesla over the course of 13 often difficult years,” Mr Musk tweeted. Read More ‘It’s the factories that won’t be built’: Understanding the Brexit damage to economy Mark Zuckerberg’s wife not happy as he puts UFC octagon in garden ahead of Elon Musk fight Elon Musk ‘stopped Ukraine military using Starlink for military operation’ Zuckerberg says he is ‘ready today’ but ‘not holding breath’ for cage fight with Musk Musk pledges to fund legal bills of X users ‘unfairly treated’ by employers for posts Mark Zuckerberg reveals his 4,000 calorie diet and large McDonald’s order

Primary charter guest Suginia Jones and her friends will be treated to Bravo's 'Below Deck Sailing Yacht's service

New AI tools that use generative artificial intelligence to manipulate photos have rendered traditional editing tools like PhotoShop obsolete, according to experts. One recently unveiled product called DragGAN allows users to radically alter pictures – from facial expressions to the layout of a landscape – with no prior editing experience. Developed by researchers at Google and the Max Planck Institute of Informatics, DragGAN works through a system that uses multiple points that users can “drag” to create different effects without compromising the image’s realism. “RIP Photoshop,” wrote tech entrepreneur and AI commentator Lorenzo Green. “In just a few clicks, you’ll be able to edit any image exactly the way you want... The applications are endless.” Examples of applications include changing the position of the Sun in the sky, altering the size and setting of a vehicle and editing an animal’s head to change its expression and shape. A research paper detailing the technology explained how the approach can “hallucinate occluded content, like the teeth inside a lion’s mouth”, while also deforming an object’s rigidity, like the bending of a horse’s leg. “Through DragGAN, anyone can deform an image with precise control over where pixels go, thus manipulating the pose, shape, expression, and layout of diverse categories such as animals, cars, humans, landscapes, etc.,” the paper stated. Other features recently launched by generative AI companies include Stability AI’s upscaler that allows users to quadruple the resolution of an image without compromising the sharpness of the original. “Since the emergence of digital imagery, it has been nearly impossible to expand small images into larger ones without compromising the quality of the image,” the company wrote in a recent blog post detailing the advance. “Upscaling adds to popular tools by expanding small images into larger ones while maintaining – or even improving – their level of detail.” While these tools currently go beyond what Adobe’s Photoshop is capable of, the photo editing giant announced earlier this year that it is working on generative AI models. Collectively dubbed Firefly, the next-generation features will allow creators to create images, audio, video, illustrations and 3D models with simple text inputs. “Generative AI is the next evolution of AI-driven creativity and productivity, transforming the conversation between creator and computer into something more natural, intuitive and powerful,” David Wadhwani, president of Adobe’s Digital Media Business, said in March. He added that the tools would help customers by “increasing productivity and creative confidence... from high-end creative professionals to the long tail of the creator economy.” Read More 10 ways AI will change the world – from curing cancer to wiping out humanity WhatsApp will let people change messages after they are sent New Twitter boss says ‘game on’ over Instagram clone rumours Meta hit with record €1.2 billion fine

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