Elon Musk Indicates Further Tesla Price Cuts Amidst Global Economic Uncertainty.
Tesla’s CEO, Elon Musk, has suggested that the electric carmaker will continue to reduce prices due to the current turbulent state of the world economy. This statement comes after the company faced tough competition, leading to squeezed profit margins.
Real-time cameras equipped with artificial intelligence (AI) are set to monitor the streets of Paris during the upcoming summer Olympics, aiming to detect suspicious activity such as abandoned luggage and unexpected crowds. However, civil rights groups express apprehension over the use of this technology, considering it a potential threat to civil liberties. French AI company, led by François Mattens, who opposes the concept of a surveillance state, is among the bidders for the Olympics video surveillance contract.
As the pulsating beats engulf the club and the lights create a mesmerizing display, there’s a concern lingering in the dance music industry: the rise of AI-generated mixes. With increasingly sophisticated mixing software and venues trimming budgets, some worry about the potential loss of the genuine connection between DJs and the crowd.
Following a recent decision by a US judge to reject the Federal Trade Commission’s request to block Microsoft’s acquisition of games publisher Activision Blizzard, Sony and Microsoft have announced a binding agreement to ensure the continuity of Call of Duty on the PlayStation gaming platform. This development brings an end to the prolonged battle between the two tech giants that ensued since Microsoft’s initial announcement of its intention to acquire Activision Blizzard in early 2022. Microsoft’s proposed $69 billion purchase of Activision would mark the largest acquisition in the history of the gaming industry.
OpenAI, the artificial intelligence company backed by Microsoft, is facing an investigation by US regulators regarding the potential risks to consumers posed by its ChatGPT model generating false information. The Federal Trade Commission (FTC) sent a letter to OpenAI, requesting information on how the company addresses risks to individuals’ reputations. This inquiry highlights the increasing regulatory scrutiny surrounding AI technology.
Former Twitter HR Head Alleges $500 Million Unpaid Severance; Elon Musk Accused in Lawsuit.
A class-action lawsuit has been filed against Twitter by Courtney McMillian, the former “head of total rewards” at the company’s human resources department, claiming that approximately $500 million in severance pay is owed to former employees.
US Judge’s Rejection Boosts Microsoft’s Prospects to Acquire Activision Blizzard.
Microsoft’s bid to acquire major games publisher Activision Blizzard received a significant boost as a US judge dismissed regulators’ request to block the deal.
Meta’s Threads to Introduce New Features, Including Alternative Home Feed.
Threads, the messaging app developed by Instagram (owned by Meta), is set to introduce a range of new features, according to Instagram boss Adam Mosseri. Among the upcoming updates is the addition of an alternative home feed, which will display posts in chronological order solely from the individuals a user follows, addressing user feedback regarding the current mix of recommended content and followed posts. The development of Threads was initially described as an “initial version,” indicating further enhancements to come.
Byju’s, once hailed as one of the world’s most valued edtech start-ups and a favorite among investors during the Covid-19 pandemic, is now facing a significant downturn in its fortunes due to operational and financial challenges in recent months. This setback is seen by experts as a necessary correction in the booming Indian start-up landscape.
Twitter Issues Stern Warning of Legal Consequences Against Threads App.Twitter is contemplating taking legal action against Meta due to its rapidly growing competitor app, Threads. Threads, which was recently introduced to millions of users, has been positioned by Meta as a “friendly” alternative to Twitter.
