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Industry News

Tech

  • Meta Revenue Stalls and Profit Plummets by Half, but Investors Are Cheering

    Shares were up 19% in after-market trading as the Facebook parent reported fourth-quarter earnings, signaling shareholders’ relief things weren’t worse

    By

    Slav Kandyba
    February 1, 2023 @ 1:37 PM
    Tech
    1:37 PM
    Meta Revenue Stalls and Profit Plummets by Half, but Investors Are Cheering
  • ChatGPT Sets $20 Monthly Fee for Premium Service With ‘Faster Response’ and ‘Priority Access’

    OpenAI, backed by Microsoft’s billions, begins rollout of its buzzy AI-assisted chat bot

    By

    Slav Kandyba
    February 1, 2023 @ 1:25 PM
    Tech
    1:25 PM
    ChatGPT Sets $20 Monthly Fee for Premium Service With ‘Faster Response’ and ‘Priority Access’
  • ‘Ghosted’: Twitter’s Advertisers Are Struggling to Be Heard | PRO Insight

    Buyers may be trickling back, but the sales operation is faring badly

    By

    Alex Kantrowitz
    January 31, 2023 @ 9:30 AM

    Pro Available to WrapPRO members

    Tech
    9:30 AM
    ‘Ghosted’: Twitter’s Advertisers Are Struggling to Be Heard | PRO Insight

    Pro Available to WrapPRO members

  • TikTok CEO to Testify Before Congress Over Privacy Concerns, Child Users, Ties to Chinese Communist Party

    Shou Zi Chew will address the House Energy and Commerce Committee this spring

    By

    Slav Kandyba
    January 30, 2023 @ 7:17 AM
    Tech
    7:17 AM
    TikTok CEO to Testify Before Congress Over Privacy Concerns, Child Users, Ties to Chinese Communist Party
  • Anthony Scaramucci Says His Middle East Trip With Sam Bankman-Fried Led to FTX Collapse

    The SkyBridge Capital CEO and former Trump lackey says he saw SBF as the “Mark Zuckerberg of crypto” not the “Bernie Madoff”

    By

    Eileen AJ Connelly
    January 27, 2023 @ 11:08 AM
    Tech
    11:08 AM
    Anthony Scaramucci Says His Middle East Trip With Sam Bankman-Fried Led to FTX Collapse
  • Twitter Co-Founder Biz Stone Joins Board of Swedish Audiovisual Startup Chroma

    Stone and Pinterest’s founders were among early investors into the firm, which focuses on elevating mobile devices experience

    By

    Slav Kandyba
    January 27, 2023 @ 8:28 AM
    Tech
    8:28 AM
    Twitter Co-Founder Biz Stone Joins Board of Swedish Audiovisual Startup Chroma
  • MSG’s James Dolan Defends Using Facial Recognition to Boot Lawyers From Arenas: ‘If You’re Being Sued, It’s a Personal Thing’

    The firebrand billionaire’s ire was on full display in a Fox 5 interview as he lambasted politicians and a NY state agency

    By

    Slav Kandyba
    January 26, 2023 @ 11:37 AM
    Tech
    11:37 AM
    MSG’s James Dolan Defends Using Facial Recognition to Boot Lawyers From Arenas: ‘If You’re Being Sued, It’s a Personal Thing’
  • Watch Boston-Area Congressman Use ChatGPT AI for House Floor Speech to Prove ‘This Is a Tool, Not a Master’ (Video)

    Democrat Jake Auchincloss has a tech background and believes artificial intelligence should be debated in Congress

    By

    Slav Kandyba
    January 26, 2023 @ 8:05 AM
    Tech
    8:05 AM
    Watch Boston-Area Congressman Use ChatGPT AI for House Floor Speech to Prove ‘This Is a Tool, Not a Master’ (Video)
  • BuzzFeed Stock Jumps 50% on a Report of a Content Deal With Meta

    The nearly $10 million pact calls for the online publisher to use its viral expertise in bringing more creators to Facebook and Instagram

    By

    Eileen AJ Connelly
    January 26, 2023 @ 8:02 AM
    Tech
    8:02 AM
    BuzzFeed Stock Jumps 50% on a Report of a Content Deal With Meta
  • Why the AI Ethics War Will Make the Content Moderation Fight Seem Tame | PRO Insight

    “Everyone’s got their knives sharpened,” says one insider, as power brokers seek to influence rules for chatbots

    By

    Alex Kantrowitz
    January 24, 2023 @ 3:41 PM

    Pro Available to WrapPRO members

    Tech
    3:41 PM
    Why the AI Ethics War Will Make the Content Moderation Fight Seem Tame | PRO Insight

    Pro Available to WrapPRO members

  • Royal Family-Linked Landlord Sues Twitter For Missed Rent On UK Offices

    The lawsuit by landlord Crown Estate adds yet another issue for Elon Musk-helmed social media platform to confront

    By

    Slav Kandyba
    January 24, 2023 @ 10:01 AM
    Tech
    10:01 AM
    Royal Family-Linked Landlord Sues Twitter For Missed Rent On UK Offices
  • Plagiarism Runs Rampant on Many AI-Scribed CNET Articles

    A Futurism investigation alleges that the bot technology directly plagiarizes work from Red Ventures competitors like Forbes

    By

    Slav Kandyba
    January 24, 2023 @ 9:18 AM
    Tech
    9:18 AM
    Plagiarism Runs Rampant on Many AI-Scribed CNET Articles
  • Microsoft Investors Worried Recession Could Deliver Big Hit as Cloud Business Growth Slows

    The software giant has some on Wall Street worried about its resilience in a potential economic slowdown

    By

    Eileen AJ Connelly
    January 24, 2023 @ 8:38 AM
    Tech
    8:38 AM
    Microsoft Investors Worried Recession Could Deliver Big Hit as Cloud Business Growth Slows
  • ChatGPT Is Copying Human Creativity on a Huge Scale – But How Do Artists Get Paid? | PRO Insight

    OpenAI’s $10 billion payday guarantees that we’ll be talking about the societal implications of these tools for years to come

    By

    Peter Csathy
    January 24, 2023 @ 6:00 AM

    Pro Available to WrapPRO members

    Tech
    6:00 AM
    ChatGPT Is Copying Human Creativity on a Huge Scale – But How Do Artists Get Paid? | PRO Insight

    Pro Available to WrapPRO members

  • Spotify Lays Off 6% of Global Workforce as Content and Ad Business Chief Dawn Ostroff Departs

    Ostroff led the digital streaming service’s podcast business, which CEO Daniel Elk says was “too ambitious”

    By

    Slav Kandyba
    January 23, 2023 @ 7:17 AM
    Tech
    7:17 AM
    Spotify Lays Off 6% of Global Workforce as Content and Ad Business Chief Dawn Ostroff Departs
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