Qualcomm forecasts lower Q3 revenue due to weak smartphone sales

Qualcomm has published a sales and profit prediction for the third quarter that falls short of Wall Street expectations, saying the smartphone sector would take longer to utilize extra chips before receiving new orders. Following the announcement, Qualcomm shares fell nearly 7% in extended trading. In the estimate, the company cited macroeconomic headwinds and weaker […]

IBM CEO warns that remote work may harm employees’ career growth

Arvind Krishna, CEO of International Business Machines (IBM), has warned the company’s 260,000 workers that remote work might harm their career advancement. While the rise of remote work has boosted IBM’s hybrid-cloud computing business, Krishna stated that he is not forcing anyone to return to the office just yet, but those who do not will […]

Researchers say ChatGPT model is trained on texts from copyrighted books

The University of California, Berkeley researchers published a paper titled “Speak, Memory: An Archaeology of Books Known to ChatGPT/GPT-4” in which they discuss how OpenAI’s ChatGPT and the GPT-4 big language model were trained on material from copyrighted novels. GPT-4 has learned a wide range of copyrighted content, according to the study team of Kent […]

Facebook charged by FTC for mishandling private information

The Federal Trade Commission (FTC) has charged Facebook with failing to comply with a 2020 privacy order, disclosing that it has given app developers access to users’ private information, causing additional harm. According to the FTC, Facebook’s Messenger Kids program mislead parents by misrepresenting who could communicate with kids and who had access to juvenile […]

Writers Guild of America goes on strike over generative AI use

After six weeks of discussions with major entertainment firms such as Netflix, Amazon, Apple, and Disney through the Alliance of Motion Picture and Television Producers (AMPTP), the Writers Guild of America (WGA) has gone on strike. The WGA’s two AI requirements include prohibiting AI from generating literary content and prohibiting AI from generating source material. […]

Microsoft’s Bing updated to support video and chat history

Microsoft has updated its AI-powered Bing search engine. The updates include capability for video and conversation history, as well as the removal of the prior waiting list. Making restaurant reservations, producing picture and video responses, and recording and exporting persistent chat history and plug-ins are all new features in the update. The move is part […]