Nvidia is downplaying possible U.S. chip-export restrictions to China by the Biden administration. The Wall Street Journal reported on June 27 that the White House was mulling even more restrictions on artificial intelligence (AI) chip exports to China. A potential chip ban could affect Nvidia’s status as the world’s leader for the graphics processors needed to…
Nvidia Reacts to Possible US Chip Restrictions to Beijing
June 30, 2023
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Nonsensical AI-Generated Books Appear as Amazon Best Sellers
Artificial intelligence-produced e-books made their way to Amazon’s Kindle store on Monday, in the best sellers category, where they remained for two days. After their removal from that category, they were still available for purchase on the website. The e-books had no meaning, as a “read inside” view made clear, Vice reported. They were probably…
Chipmaker Micron Beats on Demand From Booming AI, Easing Glut
June 29, 2023
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Micron Technology beat estimates for third-quarter results on Wednesday, powered by demand for its memory chips from the rapidly-growing artificial intelligence sector and an easing supply glut in its traditional PC and smartphone markets. Shares of the company rose more than 2 percent in trading after the bell. They have gained 34 percent this year…
Chipmaker Micron Beats Demand Estimates
June 29, 2023
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Micron Technology beat estimates for third-quarter results on Wednesday, powered by demand for its memory chips from the rapidly-growing artificial intelligence sector and an easing supply glut in its traditional PC and smartphone markets. Shares of the company rose more than 2 percent in trading after the bell. They have gained 34 percent this year…
National Geographic Magazine Lays Off Remaining Staff Writers: Report
Disney-owned National Geographic magazine has laid off the last of its staff writers and replaced them with freelancers, according to reports, making it the latest media outlet to slash jobs amid an uncertain economic environment. Following job cuts earlier this year, just 19 members of the editorial department had remained at the publication, according to The Washington…
DoorDash Will Offer Drivers Hourly Pay, in Major Change to Platform
June 29, 2023
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DoorDash will offer its drivers guaranteed hourly pay on top of tips, providing its delivery workers another way to earn money, as part of a series of changes to its platform. The delivery app’s main competitor, Uber Eats, already pays its workers for every pickup and delivery that is successfully completed, along with a per-mile pay rate. In…
New Law Makes It Harder for Online Criminals to Sell Fake or Stolen Products
June 28, 2023
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A new federal law will make it harder for online criminals to sell fake or stolen products in the wake of shoplifting gangs selling products on e-commerce sites. The INFORM Consumers Act, which went into effect on June 27, is intended to limit the sales of stolen and counterfeit products online, said the Federal Trade…
Russian Court Fines Google an Additional $47 Million
A Russian court has fined Alphabet’s Google 4 billion roubles ($47 million) for failing to pay an earlier fine over alleged abuse of its dominant position in the video hosting market, the country’s anti-monopoly watchdog said on Tuesday. Google was fined 2 billion roubles in February 2022. The Federal Antimonopoly Service (FAS) at the time…
Google Lays Off Staff at Its Mapping App Waze
Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising system with Google Ads technology, without giving details on the number of layoffs. “In order to create a better, more seamless long-term experience for Waze advertisers, we’ve begun transitioning Waze’s existing advertising system to Google Ads…
Free Speech Takes a Backseat as Musk’s Twitter Threatened With $700,000 Daily Fines
June 27, 2023
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Commentary Free speech is a precious thing. It deserves protection. It needs to be cherished. Free speech allows for new, even radical ideas to be considered. Without free speech, which is an expression of free thought, much of what is enjoyed and understood today would be denied us. In debates, the truth will ultimately win…
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