By Laya Neelakandan April 27, 2023 In a Thursday message to Dropbox employees, cofounder and CEO Drew Houston announced the decision to cut down the company’s workforce by 16%, or 500 employees, blaming AI in forcing a shift in strategies. While the company has been profitable, Houston wrote that growth has slowed, leading some … Continue reading Dropbox layoffs: AI to blame for 16% job cut, CEO says
By Clint Rainey April 25, 2023 It’s easy to wonder if the recent, and in fact very much ongoing, waves of layoffs in tech and finance could be putting knots in these high-paying industries’ hiring pipelines. But not only does data show the number of job openings is up (here’s a report from earlier … Continue reading Mass layoffs haven’t dented pay for tech and finance internships, says Glassdoor
Tesla has scheduled a Cybertruck delivery event for the third quarter, Musk says Mariella Moon @mariella_moon When Tesla held its opening party for the company’s Giga Texas factory last year, Elon Musk said that it will finally start selling the Cybertruck in 2023. Now, we can narrow down the timing for its launch … Continue reading Tesla has scheduled a Cybertruck delivery event for the third quarter, Musk says
By Sam Becker April 07, 2023 If you’re one of the millions of U.S. taxpayers who have waited months or years to speak with an IRS agent, get an update on your filing status, or receive a refund, the tax man has some good news for you. The Internal Revenue Service (IRS) … Continue reading IRS says it’s doing these 5 things to make filing taxes less painful, but don’t expect miracles overnight
By Sam Becker April 03, 2023 As some industry leaders call for a “pause” on AI developments, many companies are going full-speed ahead, implementing new AI tech into existing products and services. That includes TurboTax, one of the largest tax-preparation service providers in the country. TurboTax is experimenting with a new AI-driven “express … Continue reading File your taxes in 10 minutes? TurboTax says it’s possible with AI-powered ‘express lanes’
Jon Fingas @jonfingas Microsoft just made one of the largest-ever bids for a game studio. The company has announced plans to acquire Activision Blizzard for $95 per share, valuing the all-cash deal at an enormous $68.7 billion. The deal would make the combined entity the “third-largest” game company by revenue, according to Microsoft, and would … Continue reading Xbox head says Microsoft’s mobile game store could arrive next year
By Sarah Bregel March 15, 2023 We just celebrated National Women’s Day, and we’re still in the middle of Women’s History Month. But what most women want isn’t another day or month—another theatrical pat on the back designed for other people’s comfort. They just want to earn as much as their male counterparts. It isn’t … Continue reading Finance, advertising, and accounting are the worst for gender-pay fairness, poll says
By Jessica Bursztynsky March 13, 2023 Consumers have more health power in their hands than ever before, but the medical system still needs to catch up when it comes to genomic medicine, 23andMe CEO Anne Wojcicki said during a panel Friday at the Fast Company Grill at SXSW. The consumer genetics and … Continue reading Why 23andMe CEO Anne Wojcicki says the medical world is at a ‘tipping point’
Roku says it could lose 25 percent of its cash after Silicon Valley Bank fails Karissa Bell @karissabe The sudden collapse of Silicon Valley Bank has put more than a quarter of Roku’s cash at risk. The streaming company had $487 million, representing 26 percent of its cash, in Silicon Valley Bank, the company disclosed … Continue reading Roku says it could lose 25 percent of its cash after Silicon Valley Bank fails
Bing Limits Chat Sessions As OpenAI CEO Says AI Needs Work by Laurie Sullivan @lauriesullivan, February 21, 2023 Microsoft capped its Bing chat sessions at 50 questions per day and five turns per session — defining “turn” as a conversation exchange in the artificial intelligence (AI) chatbot containing a user question and a reply from … Continue reading Bing Limits Chat Sessions As OpenAI CEO Says AI Needs Work
