Tag: Media & Big Tech

Google Fires Engineer Who Warned That Company’s AI Bot Is ‘Sentient’ and Hired Attorney

Google has confirmed that it has fired the engineer who claimed the firm’s LaMDA artificial intelligence had become sentient. In a statement on July 22, Google confirmed it terminated engineer Blake Lemoine after he told The Washington Post in June that LaMDA—short for Language Model for Dialogue Applications—had the cognitive ability of a 7- or 8-year-old…


Twitter Blames Worse-Than-Expected Earnings on Elon Musk, Wobbly Ad Market

Twitter’s newly released second quarter financial results show the social media giant’s revenue shrinking over the year and its net losses at a bigger-than-expected $270 million, with the company blaming its poor performance in part on Elon Musk. Revenue shrank 1 percent year-over-year in the second quarter to $1.18 billion, Twitter said in a July 22…


Amazon Bets $3.9 Billion on Merger With Health Care Company

Amazon.com Inc. is planning to buy One Medical, a primary health care provider, in a takeover that would expand the e-commerce giant’s presence in the health care market. Both companies have entered a “definitive merger agreement” indicating that Amazon will acquire One Medical—comprising 1Life Healthcare Inc., the administrative arm of the company, and the affiliated health…


S&P 500, Nasdaq Open Lower as Social Media Stocks Weigh

The S&P 500 and the Nasdaq opened lower on Friday as social media and ad tech firms led declines after dismal quarterly revenues from Twitter and Snap, while an upbeat forecast from American Express boosted the Dow. The Dow Jones Industrial Average rose 131.02 points, or 0.41 percent, at the open to 32,167.92. The S&P…


OAN Fails to Reach Agreement With Verizon, Will Be Removed From Carrier’s TV Lineup

One America News (OAN) Network will be removed from Verizon’s channel lineup at the end of this month, according to media reports and statements from the telecommunications giant. San Diego-based One America News is owned by tech entrepreneur Robert Herring and is one of three television networks favored by former President Donald Trump. However, the network…


US Would Face ‘Deep and Immediate Recession’ If Chips from Taiwan Stop Flowing, Warns Commerce Secretary

The United States would face a “deep and immediate recession” if access to Taiwan’s computer chips plants are cut off, said Commerce Secretary Gina Raimondo on July 21 to CNBC. The secretary’s comments come as Congress is gathering key votes on a bill to fund semiconductor manufacturing at home, called the CHIPS Act. The Senate voted…


YouTube to Remove Abortion Videos Spreading ‘False Claims’

YouTube has announced that it will begin removing videos that promote ways to perform unsafe abortions and that feature false claims about abortion safety. “Like all of our policies on health/medical topics, we rely on published guidance from health authorities,” the Google-owned video streaming platform said on Twitter. “We prioritize connecting people to content from…


Vimeo CEO Apologizes for Slashing Workforce by 6 Percent Amid Economic Uncertainty

Video-sharing platform Vimeo has laid off 6 percent of its workforce amid challenging market conditions and uncertainty about the economy. New York-based Vimeo’s CEO Anjali Sud announced the layoffs, which she said came after careful consideration, in a blog post on July 18. “Our people are what makes Vimeo great, and losing any of them is…


Amazon-Owned Self Driving Firm Zoox Seeks to Test Robotaxi in California

FREMONT, Calif—Zoox, a self-driving technology firm owned by Amazon.com Inc, said on Tuesday it was gearing up to launch its robotaxi business, self-certifying that its vehicle with no pedals or steering wheel meets U.S. federal regulations and applying for a permit in California to test-drive it. “We really invested the extra time and resources to…


Google to Start Testing Camera-Equipped Glasses in August

Google is set to test its augmented reality (AR) prototypes in public starting in August, the company announced on July 19. Some of the prototypes will look like normal glasses, but with an in-lens display and “visual and audio sensors” like a microphone and camera, the company said. Testing the AR prototypes solely in a…