A panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. X had earlier defied court requests to take down accounts or posts that it said violated Brazil’s laws on political misinformation and hate speech online.
https://www.cnbc.com/2024/09/02/x-blocked-in-brazil-after-court-majority-upholds-suspension-order.html
The House on Wednesday approved a bill that requires ByteDance to divest TikTok within roughly six months in order for the app “to remain available in the United States.” However, China would likely block a sale of TikTok U.S., analysts told CNBC.
https://www.cnbc.com/2024/03/14/tiktok-ban-china-would-block-sale-of-short-video-app.html
Humane, a five-year-old artificial intelligence startup founded by former Apple designers Imran Chaudhri and Bethany Bongiorno, announced its first product on Thursday — a $699 pin you wear on your lapel. The Humane AI Pin is designed to replace your smartphone, allowing the user to make calls, send texts and look up information through voice controls. It also has a laser display, turning your palm into a mini screen that can show the time, date or what’s nearby.
https://www.cnbc.com/2023/11/09/former-apple-designers-at-humane-launch-hands-free-ai-powered-pin.html
In an effort to make Horizon Worlds more compelling, Meta now has an in-house studio dubbed Ouro Interactive that’s focused on making first-party virtual reality games, Meta’s Vice President of Metaverse Vishal Shah said in an interview published Friday with the Lowpass technology newsletter. The studio’s first VR game, a shooter called Super Rumble, debuted Friday and reportedly contains better graphics and fidelity than other VR games built on top of Horizon Worlds. The video game will also be one of the first VR video games Meta plans to test when it eventually debuts a mobile version of Horizon Worlds, Shah said. “This is definitely more than just a new world,” Shah said, referring to it as “the next generation of Horizon Worlds.”
https://cnb.cx/3KhByam
Unity Software announced plans to cut about 600 jobs, or 8% of its workforce, according to a company filing Tuesday with the Securities and Exchange Commission. The video game software developer said it will restructure “specific teams” and that the layoffs will help the company position itself for “long-term and profitable growth.” A company spokesperson declined to provide further details.
https://cnb.cx/3nxA7MJ%20
On Monday’s earnings call, Rosensweig said ChatGPT, the suddenly popular chatbot from startup OpenAI, was “having an impact on our new customer growth rate.” The company, which initially became well known for developing a textbook rental model for college students, has expanded into homework and exam help products. Chegg said it was only providing guidance for the coming quarter and not for the full year because it’s “too early to tell how this will play out.” Rosensweig reminded investors, during the CNBC interview, that Chegg generates free cash flow and earnings, on an adjusted basis, and has “more than enough cash to pay off our debt.”
https://www.cnbc.com/2023/05/02/chegg-ceo-chatgpt-stock-plunge-was-extraordinarily-overblown.html
For a product as popular as ChatGPT — which investment firm UBS estimates to have reached 100 million monthly active users in January — Curran believes that it could have cost OpenAI $40 million to process the millions of prompts people fed into the software that month.
https://www.cnbc.com/2023/03/13/chatgpt-and-generative-ai-are-booming-but-at-a-very-expensive-price.html