TSMC soars past expectations with fourth-quarter revenue of T$1.046 trillion ($33.11 billion) posted Friday. That’s a 20.45% rise from the T$868.46 billion the world’s largest contract chipmaker made in the same period last year. Analysts didn’t see it coming at…
Google now confronts a formal EU antitrust investigation as the European Commission examines how the tech giant harvests online content from publishers and YouTube videos to power its AI models. Regulators announced Tuesday they suspect Google leverages its dominant position…
Sen. Jon Ossoff, the Georgia D-Ga. senator, got himself into hot water with a campaign ad that used AI generated video to put words in his Republican opponent’s mouth. The attack ad sparked headlines and ethical questions, but here’s the…
Meta’s Vibes AI feed has quietly crossed 2 million daily active users as of November 9, internal data viewed by media agency reveals. The AI-generated videos platform grew 1% from the previous week, giving us an early look at how…
Sky Sports was forced to ditch its female-targeted TikTok channel Halo just three days after launch following widespread criticism that the content was patronising and unbelievably sexist. The broadcaster pulled the plug on Saturday after the youth-focused content, which positioned…
Foxconn shocked Wall Street Wednesday when it announced third-quarter profit jumped 17% compared to a year earlier. The world’s largest contract electronics maker pulled in net profit of NT$57.67 billion, crushing what analysts thought was possible at NT$50.41 billion. What’s…
Japan’s SoftBank Group reported Tuesday that its second-quarter net profit more than doubled to 2.5 trillion yen ($16.6 billion), driven by explosive valuation gains in its holdings of OpenAI. The results crushed analyst expectations and underscored how the artificial intelligence…
Meta is expected to make billions from scam ads in 2024, with leaked internal files showing the social media giant planned to pocket roughly $16 billion—about 10 percent of total earnings—from running ads that peddle scams and banned goods, according…
Beijing’s about-turn on semiconductor exports came quietly on Saturday, buried in a terse government statement that could save thousands of automotive jobs across Europe. After weeks of brinkmanship that brought Volkswagen and Volvo assembly lines to the edge of shutdown,…
Jen Baik, a 28-year-old woman, just quit her six-figure job at Google to work on AI safety. The product operations manager walked away from her role at Google Meet and left behind unvested equity that could have paid for a…
Treasury Secretary Scott Bessent dropped major news Thursday: the U.S. and China have finalized an agreement on TikTok. The deal means the popular social media platform can stick around for American users. Bessent wrapped up the talks in Kuala Lumpur,…
AWS outage disrupted major online services across the US on Monday, affecting millions of users trying to access Amazon, Snapchat, Venmo, Reddit, and dozens of other platforms. The Amazon Web Service outage started in the early hours of Monday morning,…
TSMC, the world’s biggest producer of advanced chips, raised its full-year revenue forecast on Thursday, citing a bullish outlook for artificial intelligence spending after posting a record profit that blew past market estimates. The Taiwanese chipmaker now expects mid-30% growth…
Meta announced Tuesday that Instagram will restrict teenagers to PG-13 content by default, requiring parental permission to change settings. The social media giant faces mounting criticism over harms to children as teen accounts will now filter posts showing sexual content,…
OpenAI will allow mature content on ChatGPT for users who verify their age on the platform starting in December, CEO Sam Altman announced Oct 14. The chatbot had been made restrictive for those experiencing mental distress, but changes are coming.…
