Technology Companies Are Cutting Jobs and Wall Street Likes It
The sector is laying off workers after a hiring boom during the pandemic and their share prices are soaring.
Posted inBrockman, Greg ChatGPT Computers and the Internet Dean, Jeff (1968- ) DeepMind Technologies Ltd Eustace, Alan Gates, Bill Google Inc Hassabis, Demis Hinton, Geoffrey E Lake Tahoe (Nev) LeCun, Yann Mergers, Acquisitions and Divestitures Meta Microsoft Corp Musk, Elon Nadella, Satya OpenAI Labs Page, Larry Research Silicon Valley (Calif) Start-ups Suleyman, Mustafa Thiel, Peter A Venture Capital
How Elon Musk and Larry Page’s AI Debate Led to OpenAI and an Industry Boom
The people who were most afraid of the risks of artificial intelligence decided they should be the ones to build it. Then distrust fueled a spiraling competition.
Posted inChildren's Online Privacy Protection Act childrens privacy Instagram Inc Meta Mobile Applications Privacy Social Media
At Meta, Millions of Underage Users Were an ‘Open Secret,’ States Say
Meta “routinely documented” children under 13 on Instagram and “unlawfully” collected their data, according to a newly unsealed complaint.
Posted inChildren and Childhood Children's Online Privacy Protection Act childrens online safety Facebook Inc Instagram Inc internet addiction Meta Mobile Applications Privacy Social Media
Meta Sued Over Features That Hook Children to Instagram, Facebook
More than three dozen states and the District of Columbia accused the tech giant of knowingly using addictive features to draw in and retain children and teenagers.