By Haleluya Hadero—Associated Press June 21, 2023 Amazon was sued Wednesday by the Federal Trade Commission (FTC) for what it called a yearslong effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions. In a complaint filed in the U.S. District Court for the … Continue reading Amazon Prime is too damn hard to cancel, says FTC lawsuit
By Michael Grothaus June 09, 2023 A new survey from Glassdoor’s Fishbowl professional network highlights just how contentious Amazon’s recently enacted return-to-office (RTO) policy could be for the company. Back in February, Amazon CEO Andy Jassy penned a blog post detailing the company’s return-to-office plan. In the post, Jassy said Amazon would begin requiring … Continue reading Amazon’s return-to-office policy is hugely unpopular with employees, poll says
By Eric Tucker, Jill Colvin, and Michael Balsamo—Associated Press June 08, 2023 Donald Trump said Tuesday he’s been indicted on charges of mishandling classified documents at his Florida estate, igniting a federal prosecution that is arguably the most perilous of multiple legal threats against the former president as he seeks to reclaim the White … Continue reading Trump says he’s been indicted in classified documents investigation; Justice Department yet to confirm
By Wilfred Chan May 05, 2023 AI pioneer Geoffrey Hinton, a 75-year-old computer scientist known as “the Godfather of AI,” has made waves this week after resigning from Google to warn that AI could soon surpass humans in intelligence and learn how to destroy humanity on its own. But Hinton’s warnings, while dire, … Continue reading Researcher Meredith Whittaker says AI’s biggest risk isn’t ‘consciousness’—it’s the corporations that control them
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
