Americans are using AI chatbots more than ever, but most remain skeptical
Nearly half of U.S. adults now use artificial intelligence chatbots, according to a new survey from Pew Research Center. Yet only 16 per cent believe the technology will have a positive impact on society over the next 20 years, while 40 per cent expect it will have a negative effect. The survey found that 49 […]
YouTube’s crackdown on AI content catches legitimate creators in the crossfire
YouTube is intensifying efforts to reduce the spread of low-quality AI-generated content on its platform. The changes are also affecting legitimate faceless creators whose videos are produced by humans but lack an on-camera host. Faceless channels have existed on YouTube for years and are often run by individual creators who choose to remain anonymous. However, […]
SpaceX shares fall 20% from peak following $60 billion cursor acquisition
SpaceX shares fell more than 6 per cent Thursday, extending a sharp selloff that began after the company announced plans to acquire AI coding startup Cursor in a stock-based deal valued at $60 billion. The decline has erased about $620 billion in market value since SpaceX reached a record high above $225 per share on […]
Bezos reportedly described Washington Post as his worst investment, new book says
Amazon founder Jeff Bezos reportedly described his ownership of The Washington Post as the worst investment of his life during a dinner with U.S. President Donald Trump in December 2024. According to an upcoming book by New York Times journalists Jonathan Swan and Maggie Haberman, Bezos complained about staff at the newspaper and expressed frustration […]
California billionaire tax qualifies for November ballot despite tech industry opposition
A proposal to impose a one-time tax on California billionaires has gathered enough signatures to qualify for the state’s November ballot. The measure would levy a 5 per cent tax on California residents with a net worth exceeding $1 billion, setting the stage for a major political battle between labor groups, wealthy technology executives and […]