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☆ IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
▼ + stars: | 2024-04-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

On Tuesday, The Wall Street Journal reported that IBM was getting close to acquiring HashiCorp, sending shares upward. In 2021 HashiCorp shares started trading on the Nasdaq. HashiCorp shares moved 4% higher in extended trading following the acquisition announcement. Revenue from software, at $5.90 billion, increased about 6% and was below the $5.96 billion consensus among analysts surveyed by StreetAccount. Notwithstanding the after-hours move, IBM shares are up about 13% so far this year, outperforming the S&P 500 index, which is up 6% over the same period.

Persons: Arvind Krishna, Dave McJannet, Rob Thomas, IBM's, HashiCorp Organizations: Economic, IBM, HashiCorp, Street Journal, Bloomberg, Linux, Nasdaq, LSEG, StreetAccount, Weather Company, Francisco Partners Locations: Davos, Switzerland

☆ Did One Guy Just Stop a Huge Cyberattack?
▼ + stars: | 2024-04-03 | by ( Kevin Roose | ) www.nytimes.com time to read: +1 min

The internet, as anyone who works deep in its trenches will tell you, is not a smooth, well-oiled machine. It’s a messy patchwork that has been assembled over decades, and is held together with the digital equivalent of Scotch tape and bubble gum. Last week, one of those programmers may have saved the internet from huge trouble. Recently, while doing some routine maintenance, Mr. Freund inadvertently found a backdoor hidden in a piece of software that is part of the Linux operating system. The backdoor was a possible prelude to a major cyberattack that experts say could have caused enormous damage, if it had succeeded.

Persons: Andres Freund, He’s, Freund Organizations: Microsoft, Linux Locations: San Francisco

Clocks may have to skip a second — called a “negative leap second” — around 2029, a study in the journal Nature said Wednesday. “We are headed toward a negative leap second," said Dennis McCarthy, retired director of time for the U.S. Without the effect of melting ice, Earth would need that negative leap second in 2026 instead of 2029, Agnew calculated. In 2012, some computer systems mishandled the leap second, causing problems for Reddit, Linux, Qantas Airlines and others, experts said. Then add in the “weird” effect of subtracting, not adding a leap second, Agnew said.

Persons: ”, Duncan Agnew, “ It’s, Agnew, Dennis McCarthy, Judah Levine, McCarthy, timekeepers, ” Levine, ” McCarthy, Levine, “, It’s, it’s, ___ Read, Seth Borenstein Organizations: Nature, Scripps Institution of Oceanography, University of California, U.S . Naval, National Institute of Standards, Technology, “, Linux, Qantas Airlines, Tech, Google, Amazon, Associated Press Locations: San Diego, AP.org

That's where our Private Internet Access review comes in, to help you decide whether or not to pay for and download it. On mobile, it's as simple as finding the Private Internet Access app on the App Store or Play Store, downloading and creating a new account, or entering your login details. Performance and SpeedAs mentioned above, the entire Private Internet Access server network runs on 10Gbps connectors. Business Insider / PIAPrivacy and SecurityFor a company called Private Internet Access, you'd be pretty disappointed if its security smarts weren't tip-top. But at this price and with the 30-day money-back guarantee in play, Private Internet Access is well worth a go.

Persons: It's, ExpressVPN, we'd Organizations: Business, Private, PIA, Smart, Apple, US, Netflix, Internet, PIA doesn't, Amazon Prime, Down, Africa, Nations, SABC, CBC, BBC, pCloud, Deloitte, NSA, National Security Agency Locations: Canada, Australia, India, China, Saudi Arabia, Greenland, France, South Africa, Luxembourg, New York, 150Mbps, West, Japan, Italy, 9Now, United States

☆ Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
▼ + stars: | 2024-02-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +11 min

Jason Redmond | AFP | Getty ImagesWhen Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Many tech industry analysts and investors would say that, thanks largely to Nadella, Microsoft is now set up to be a powerhouse for the foreseeable future. In a 2020 interview, Pat Gelsinger, then CEO of VMware, said offering his company's software on Microsoft's Azure cloud was akin to a "Middle East peace treaty." Nadella is perhaps best known in the tech industry for pushing Microsoft deeper into cloud computing. While some in the younger generations have Microsoft software at work, it's not necessarily what they grew up using and may not be what they prefer.

Persons: Satya Nadella, Bing, Jason Redmond, Steve Ballmer, Aravind Srinivas, Jeff Bezos, Nadella, Aaron Levie, Levie, Larry Ellison, David Paul Morris, Pat Gelsinger, Michael Nathan, Nathan, he'd, He's, Nat Friedman, Friedman, Kevork Djansezian, Ballmer, Kevin Dallas, I've, Dallas, it's, Gen Z, OpenAI's, Commission's Lina Khan, Sam Altman, Altman, OpenAI isn't, hasn't, Jefferies Organizations: Microsoft, AFP, Getty, Apple, Google, Amazon, Oracle Corp, Oracle, Bloomberg, VMware, Intel, Linux, Ballmer, Los Angeles Clippers, Microsoft Corp, Nokia, Activision Blizzard, Adobe, Activision, Federal, U.S . Justice Department, CNBC Locations: Redmond , Washington, San Francisco, Microsoft's, Silicon Valley, Los Angeles , California, U.S, Europe

☆ How much TikTok pays employees in the US, from data scientists to software engineers, according to salary data
▼ + stars: | 2024-01-19 | by ( Ashley Rodriguez | Dan Whateley | ) www.businessinsider.com time to read: +109 min

Some examples of salary offers for corporate functions include:AdvertisementAccountant, Expense Management : $73,000: $73,000 HR Business Partner : $127,680 median; ranging from $90,000 to $182,880: $127,680 median; ranging from $90,000 to $182,880 HR Specialist: $114,000 median; ranging from $85,000 to $170,000DesignEmployees on the design team "shape the visual representation" of TikTok's products and business, creating "unique designs that are not just visually appealing, but also express the aesthetic of our brand," the company wrote. : $320,000: $320,000 Android Software Engineer, TikTok Monetization : $210,000: $210,000 Android Software Engineer, TikTok Privacy : $190,000: $190,000 Android Software Engineer, TikTok Social : $126,640 median; ranging from $65,000 to $288,000: $126,640 median; ranging from $65,000 to $288,000 Android Software Engineer, TikTok User Growth : $227,000 median; ranging from $221,000 to $233,000: $227,000 median; ranging from $221,000 to $233,000 Applied Machine Learning Engineer : $273,340 median; ranging from $180,000 to $306,000: $273,340 median; ranging from $180,000 to $306,000 Applied Machine Learning Engineer, Recommendation : $190,000: $190,000 AR Effects Interactive Engineer : $125,000: $125,000 AR Software Engineer : $125,000: $125,000 Audio Engineer : $75,000: $75,000 Backend Engineer : $128,000: $128,000 Backend Engineer, Ads Platform : $172,000 median; ranging from $125,000 to $240,000: $172,000 median; ranging from $125,000 to $240,000 Backend Engineer, Content Ecosystem : $222,360: $222,360 Backend Engineer, Lark Innovation : $160,000: $160,000 Backend Engineer, Machine Learning : $157,680 median; ranging from $157,680 to $175,000: $157,680 median; ranging from $157,680 to $175,000 Backend Engineer, Risk Systems : $295,000 median; ranging from $150,000 to $320,000: $295,000 median; ranging from $150,000 to $320,000 Backend Engineer, TikTok Ads Creative and Ecosystem : $250,000: $250,000 Backend Engineer, TikTok Ads Creativity and Ecosystem : $207,500 median; ranging from $175,000 to $240,000: $207,500 median; ranging from $175,000 to $240,000 Backend Engineer, TikTok Eng. : $220,000 median; ranging from $160,000 to $285,000 0 #NUM! Software Engineer, Computer Vision : $165,000 median; ranging from $165,000 to $200,000: $165,000 median; ranging from $165,000 to $200,000 Software Engineer, Computer Vision, Intelligent Creation : $200,000 median; ranging from $200,000 to $265,000: $200,000 median; ranging from $200,000 to $265,000 Software Engineer, Core Services : $204,000 median; ranging from $125,000 to $244,680: $204,000 median; ranging from $125,000 to $244,680 Software Engineer, Core Service, Application Security : $129,680: $129,680 Software Engineer, CRM : $175,000 median; ranging from $125,000 to $300,555: $175,000 median; ranging from $125,000 to $300,555 Software Engineer, Data Access Team : $230,000: $230,000 Software Engineer, Data Mining : $169,680: $169,680 Software Engineer, Data Mining USDS : $182,400: $182,400 Software Engineer, Data Platform : $186,000 median; ranging from $170,000 to $216,880: $186,000 median; ranging from $170,000 to $216,880 Software Engineer, Data Security and Compliance : $180,000: $180,000 Software Engineer, Database Kernel Development : $130,000 median; ranging from $128,000 to $220,000: $130,000 median; ranging from $128,000 to $220,000 Software Engineer, Distributed Storage System : $285,000 median; ranging from $180,000 to $285,000: $285,000 median; ranging from $180,000 to $285,000 Software Engineer, Engineering Productivity : $195,000: $195,000 Software Engineer, Front-End : $147,000: $147,000 Software Engineer, Front-End, Ads Technology : $125,000: $125,000 Software Engineer, Full Stack : $180,000: $180,000 Software Engineer, Full Stack, Ads Technology : $147,500 median; ranging from $125,000 to $170,000: $147,500 median; ranging from $125,000 to $170,000 Software Engineer, Full Stack, E-Commerce Engineering and Architecture : $205,000: $205,000 Software Engineer, Full Stack, Vertical Solutions : $220,000: $220,000 Software Engineer, Global E-Commerce Customer Business : $195,000 median; ranging from $133,240 to $225,000: $195,000 median; ranging from $133,240 to $225,000 Software Engineer, Global Payment : $161,000 median; ranging from $155,000 to $215,000: $161,000 median; ranging from $155,000 to $215,000 Software Engineer, Gov. and Experience, TikTok E-Commerce : $241,540 median; ranging from $219,680 to $263,400: $241,540 median; ranging from $219,680 to $263,400 Software Engineer, GPU Management : $128,000 $128,000 $128,000 0 #NUM!

Persons: —, It's, TikTok, it's, ByteDance, TikTok Eng, Tiktok Organizations: Service, Business, US, of Foreign Labor, Live, US Data Security, Security, US Department of Labor, Corporate, Employees, TikTok, Tech, Commerce, Marketing, Staff, Trust, Safety, Brand, Android Software, Computer, Global Agency Relations, Global Security Technology, Infrastructure Engineering, Android, Machine, Interactive, Systems, Data Systems, Engineer, Commerce Data Intelligence, Commerce Logistics, Chain, Logistics, Media, US Tech Services, Big, Business Intelligence, Protection, Network Security, Business Systems, Cash, Cloud, Networking Software, Public, Tech Service, Technology, Technology Systems, Infrastructure, Network Business, NA, Defense, US Tech Service, Analytics, Research, Mining, Solutions, Tech Services, Pico, Forensics, Development, Control, Financial, CRM, Global, Learning, Traffic, TCMS, Communications, Graphics, Monetization Technology, Management, Products, Resources, IDC Logistics, DevOps, IOS, GNE Global, Software, Procurement, Commerce Global, Strategic, Global Business, Merchant, Mobile Security, Mobile Software, Multimedia Research, Regional, Sound Engineering, Professional Services, Community, Relations, Real, Commerce Trading, Creative, Enterprise, Virtual Network, Storage, Data Security, Smart, Finance, ML Systems, Cloud Infrastructure, TikTok US Tech Services, Monetization Tech, Learning Systems, Core Services, Core Service, Data Mining, Engineering, Commerce Engineering, Mobile, Revenue Management Locations: ByteDance, TikTok, TikTok Commerce, America, Mexico, Americas, Commerce

☆ Meta and IBM launch alliance advocating 'open science' approach to AI, putting them at odds with rivals like Google and OpenAI
▼ + stars: | 2023-12-05 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Meta and IBM have launched an alliance that's calling for an "open science" approach to AI development. Facebook parent Meta and IBM on Tuesday launched a new group called the AI Alliance that's advocating for an "open science" approach to AI development that puts them at odds with rivals Google, Microsoft and ChatGPT-maker OpenAI. AdvertisementPart of the confusion around open-source AI is that despite its name, OpenAI — the company behind ChatGPT and the image-generator DALL-E — builds AI systems that are decidedly closed. An increasingly public debate has emerged over the benefits or dangers of adopting an open-source approach to AI development. Biden's order described open models with the technical name of "dual-use foundation models with widely available weights" and said they needed further study.

Persons: —, they're, That's, Darío Gil, Alliance —, Gil, OpenAI, Ilya Sutskever, there's, David Evan Harris, Harris, Oppenheimer, Camille Carlton, Yann LeCun, LeCun, fearmongering, Chris Padilla, Joe Biden's, Gina Raimondo Organizations: Meta, IBM, Google, Microsoft, Service, Tech, Alliance, Dell, Sony, AMD, Intel, Associated Press, Stanford University, University of California, for Humane Technology, Frontier Model, Windows, Commerce, European Locations: Berkeley

These two diverging camps — the open and the closed — disagree about whether to build AI in a way that makes the underlying technology widely accessible. "So it’s not like a thing that is locked in a barrel and no one knows what they are.”Political Cartoons View All 1277 ImagesWHAT'S OPEN-SOURCE AI? Part of the confusion around open-source AI is that despite its name, OpenAI — the company behind ChatGPT and the image-generator DALL-E — builds AI systems that are decidedly closed. An increasingly public debate has emerged over the benefits or dangers of adopting an open-source approach to AI development. Weights are numerical parameters that influence how an AI model performs.

Persons: they’re, That's, ”, Darío Gil, Alliance —, ” Gil, OpenAI, Ilya Sutskever, there's, David Evan Harris, Harris, “, Oppenheimer ’, Camille Carlton, Yann LeCun, LeCun, fearmongering, ” LeCun, Chris Padilla, Joe Biden's, Gina Raimondo Organizations: Tech, Meta, IBM, Alliance, Google, Microsoft, Dell, Sony, AMD, Intel, Associated Press, Stanford University, University of California, for Humane Technology, Frontier Model, Windows, Commerce, European Locations: Berkeley

☆ After closed door OpenAI drama, open source AI backed by Nvidia, Eric Schmidt, could emerge winner
▼ + stars: | 2023-11-22 | by ( Rebecca Fannin | ) www.cnbc.com time to read: +5 min

The Hugging Face website on a laptop arranged in New York, US, on Thursday, Aug. 17, 2023. "We should encourage all companies to build on disruption-proof AI technology that only open source can offer." To be clear, big bets made on open source AI pre-date last Friday when news first broke of Sam Altman's removal as OpenAI CEO, and those bets include an open source AI model controlled by one dominant tech company, Meta Platforms ' Llama. Open source and AI governanceFormer Google CEO Eric Schmidt is behind Mistral AI, another open source rival to OpenAI's ChatGPT. A third open source AI startup, Poolside AI, recently pulled in $126 million co-led by French telecom and internet billionaire Xavier Niel and U.S. VC firm Felicis Ventures.

Persons: Gabby Jones, Eric Schmidt, Sam Altman, Microsoft —, Mike Gualtieri, Forrester, Marc Benioff, Delip Rao, Sam Altman's, Thomas Wolf, We've, Wolf, Linus Torvalds, Paul Drews, OpenAI's, Arthur Mensch, Mistral, Xavier Niel Organizations: Nvidia, Bloomberg, Getty Images Tech, Salesforce, Qualcomm, Microsoft, Twitter, Google, Meta, IBM, Intel, Sequoia Capital, Salesforce Ventures, Mistral, alums, Lightspeed Venture Partners, French, . VC, Felicis Ventures Locations: New York, France

☆ Microsoft CEO Satya Nadella talks AI, closing the Activision Blizzard deal, and his best business decision so far
▼ + stars: | 2023-10-22 | by ( Mathias Döpfner | ) www.businessinsider.com time to read: +47 min

Just like the cloud transformed every software category, we think AI is one such transformational shift. Therefore, this notion of Copilots that we're introducing is really going to be revolutionary in terms of driving productivity and communication. Milton Friedman once famously said: "the business of business is business." One is, is the business of business just business? So, I think AI can actually be very helpful in many ways to be a little more empathetic and more understanding of the world.

Persons: Satya Nadella, Axel Springer's, OpenAI, Nadella, Axel Springer, —, Mathias Döpfner, Pankaj Nangia, Steve Ballmer, Steve, I've, It's, I'd, Herbert Simon, Karl Marx, Lakshmi, Hayek, Marx, Justin Sullivan, Carol Dweck, they're, Vuk Valcic, That's, it's, you've, Jae, Copilot, Jeff Bezos, I'm, We've, Milton Friedman, Elon Musk, we've, Lina Khan, Sam Altman, Sam, Tomohiro Ohsumi, Bard, Bing, Mathias, wouldn't, Picasso, Jakub Porzycki, Mustafa Suleyman, We'll Organizations: Service, Microsoft, Olympic, Australia, Getty, Activision Blizzard, Gaming, AP, Windows, Linux, Children's Hospital, University of Wisconsin, Associated Press, Google Locations: Berlin, India, Hyderabad, Seattle, United States, Milwaukee, American, China, derisking, DC, Beijing, Europe, GitHub, British

☆ Meta's unique approach to developing AI puzzles Wall Street, but techies love it
▼ + stars: | 2023-10-16 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +18 min

If the world's leading AI researchers use Llama, Meta could have an easier time hiring skilled technologists who understand the company's approach to development. Spisak helped oversee PyTorch and other open source AI projects when he worked at Meta from 2018 until January 2023. Although a number of open source LLMs are available, Lambert said Llama 2 is by far the most popular. "Facebook was not and that's sort of how they move forward and democratizing this, giving sort of broad access to open source. However, open source doesn't always win, and Padval acknowledged that "in this case, I don't know how it's going to evolve."

Persons: Mark Zuckerberg, Josh Edelson, Mark Zuckerberg's multibillion, Joseph Spisak, that's, Zuckerberg, Meta, Andrew Bosworth, Yann LeCun, isn't, Susan Li, Spisak, Cai GoGwilt, GoGwilt, OpenAI's, Ahmad Al, Dahle, he's, Jim Fan, Arjun Bansal, Jensen Huang, Nathan Lambert, Lambert, Critics, Umesh Padval, " Lambert, Nvidia's, Fan, Meta's, Taka Ariga, Ariga, Claude, Elon Musk, Tesla, Nur Hamdan, OpenAI's GPT, Sam Altman, Guido Appenzeller, Thomvest's Padval, Padval Organizations: Meta, AFP, Getty, Microsoft, Industry, Linux, Microsoft Windows, Facebook, Twitter, Finance, Google, AI Research, FAIR, Apple, Nvidia, Web Services, Thomvest Ventures, TC Cowen, United, United Arab Emirates, U.S, Government, AWS, Bloomberg, Amazon, VMware, Intel, Red Hat Locations: Menlo Park , California, Taiwan, United Arab, Washington, Elon, Hamadan, Seoul, South Korea

☆ Russian tech firm Astra raises $36 mln in Moscow IPO
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

Russian share listings have been thin on the ground since Russia sent troops into Ukraine in February 2022, and are generally characterised by small volumes and dependent on Russian investors after an exodus of Western capital. Astra dominates Russia's operating system (OS) market with its Astra Linux software. Astra said it set the price at 333 roubles per share, corresponding to a market value of 69.9 billion roubles. "The IPO allowed us to launch a long-term motivation programme for our employees," CEO Ilya Sivtsev said in a statement. Trading under the ASTR ticker on the Moscow Exchange (MOEX.MM) should begin later on Friday.

Persons: Ilya Sivtsev, Gleb Stolyarov, Olga Popova, Alexander Marrow, David Evans, Sharon Singleton Organizations: Astra, Astra Linux, Astra Group, Moscow, Thomson Locations: Russia, Ukraine MOSCOW, Russian, Moscow, Ukraine

SummaryCompanies This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Oct 3 (Reuters) - Russian technology company Astra plans to open the books for an initial public offering (IPO) on the Moscow Exchange on Thursday, two financial market sources told Reuters, with trading due to start on Oct. 13. Sberbank, Gazprombank, Alfa Bank and Start Capital were chosen as organisers of the offering, said the sources, who asked not to be named because the information is private. Astra dominates Russia's operating system (OS) market with its Astra Linux software. ($1 = 98.3250 roubles)Reporting by Olga Popova and Gleb Stolyarov; Writing by Alexander Marrow; Editing by Mark TrevelyanOur Standards: The Thomson Reuters Trust Principles.

Persons: Olga Popova, Gleb Stolyarov, Alexander Marrow, Mark Trevelyan Organizations: Astra, Moscow, Alfa Bank, Start, Astra Group, Astra Linux, Thomson Locations: Russia, Ukraine, MOSCOW, Russian, Moscow

Oct 2 (Reuters) - Russian technology company Astra on Monday said it was planning to list its shares on Moscow Exchange this month in an initial public offering (IPO), potentially breathing some life into Russia's moribund equity capital markets. Electric scooter firm Whoosh (WUSH.MM) was the only Russian firm to hold an IPO last year, but its debut raised less than half its initial target and relied heavily on Russian retail investors for capital. Astra dominates Russia's operating system (OS) market with its Astra Linux software. Alfa Bank analysts valued Astra, which more than doubled its core earnings year on year to 5.4 billion roubles in 2022, at around 70 billion-90 billion roubles ($707 million-$909 million) in a report published on Monday. Also on Monday, spirits producer Kristall said it was hoping to raise 1.5 billion roubles in a fourth quarter IPO on Moscow Exchange, something it said would significantly accelerate growth.

Persons: pipemaker, Ilya Sivtsev, Sivtsev, Kristall, Alexander Marrow, Louise Heavens, Kirsten Donovan Organizations: Astra, Moscow, Astra Linux, Reuters, Alfa Bank, Moscow Exchange, Thomson Locations: Russian, Ukraine

How to play games on a ChromebookCompared to Macs and PCs, Chromebooks don't come with many apps pre-installed. But you can use two of your Chromebook's native apps — Google Chrome and the Google Play Store — to find and play loads of games. And similarly, the best way to play games on your Chromebook is through your browser. This is the best way to play new, high-end games on a Chromebook. Use the Google Play Store to play Android appsMost Chromebooks have a dedicated Google Play Store app which lets you download and play almost any Android app.

Persons: you'd, Chromebooks, William Antonelli, it's Organizations: GE, Google, Nvidia, Forza, Microsoft, Luna, Internet, Konami Digital Entertainment, Chromebooks, Linux, Steam Locations: Minecraft

☆ Hackers to compete for nearly $20 million in prizes by using A.I. for cybersecurity, Biden administration announces
▼ + stars: | 2023-08-09 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

President Joe Biden gives remarks on Artificial Intelligence in the Roosevelt Room at the White House on July 21, 2023 in Washington, DC. Hackers will have the chance to compete for millions of dollars in prizes by using artificial intelligence to protect critical U.S. infrastructure from cybersecurity risks, the Biden administration announced Wednesday. The AI Cyber Challenge will offer nearly $20 million in prizes and includes collaboration from leading AI companies Anthropic, Google , Microsoft and OpenAI, who will make their technology available for the competition. Up to five of those teams will win $2 million each and advance to the final at DEF CON 2025. "This is a chance to explore what's possible when experts in cybersecurity and AI have access to a suite of cross-company resources of combined unprecedented caliber."

Persons: Joe Biden, Biden, Perri Adams Organizations: Intelligence, White, Washington , DC, Google, Microsoft, Black Hat USA, Linux, Security, Research Projects Agency, DARPA, Innovation, CNBC, YouTube Locations: Washington ,, Las Vegas

☆ ChatGPT helped a simulated study return up to 512% trading stocks based on news. Here's the prompt the researchers used — plus the positive and negative takeaways from their findings.
▼ + stars: | 2023-07-22 | by ( Laila Maidan | ) www.businessinsider.com time to read: +12 min

ChatGPT excelled at predicting a stock's price direction based on news sentiment. They found that while ChatGPT excelled at predicting a stock's direction based on news sentiment, it is not without limitations. They prompted ChatGPT to assign the following scores to headlines: "1" for good news, "0" for unknown and "-1" for bad news. Is this headline good or bad for the stock price of (company name) in the term (short or long-term)?" This meant negative news had a greater and longer impact in the real world than in the simulation,, likely giving ChatGPT an advantage, Lopez-Lira noted.

Persons: ChatGPT, Bard, Alejandro Lopez, Yuehua Tang, Merrill Lynch, Lopez, Lira, Tang, Russell, BERT, Philip Morris, Gene Tipps, David Capablanca, Alpesh Patel, Praefinium, Patel, Capablanca, GPT's, it's, Cory Mitchell, would've, Mitchell, you'll, they're Organizations: University of Florida, of Florida's Department, Finance, Lira, Center for Research, Linux, NYSE, Nasdaq, GPT, Design, Cadence Design, Philip Morris Beats, Global, Global Operations, Dow Locations: GPT

Robert McMillanRobert McMillan writes about computer security, hackers and privacy from The Wall Street Journal’s San Francisco bureau. Previously, he was a writer at Wired, the IDG News Service and Linux Magazine, where he covered cloud computing, business technology, bitcoin, artificial intelligence and open-source software. He was the host of Hack Me if You Can, a three-part podcast profile of the Russian hacker Dmitry Smilyanets, produced by the Journal.

Persons: Robert McMillan Robert McMillan, Dmitry Smilyanets Organizations: San, Wired, IDG News Service, Linux Magazine, Journal Locations: San Francisco

☆ IBM reports earnings beat, but misses on revenue
▼ + stars: | 2023-07-19 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

IBM reported second-quarter earnings on Wednesday that topped analysts' estimates as the company expanded its gross margin. Revenue: $15.48 billion, versus $15.58 billion expected, according to Refinitiv. Net income for the quarter rose 13% to $1.6 billion from $1.4 billion, or $1.72 per share, a year earlier. IBM reiterated on Wednesday that it expects between 3% and 5% revenue growth through the end of the year in constant currency. The company's infrastructure division, which includes its mainframe sales, declined 14.6% to $3.6 billion in revenue.

Persons: Arvind Krishna, James Kavanaugh, Krishna Organizations: IBM, Economic, Revenue, Intel's, Hat Linux, Health, Systems Locations: Davos, Switzerland, Refinitiv

☆ Oracle blasts IBM and publicly offers to hire Linux engineers after Red Hat's latest controversial move
▼ + stars: | 2023-07-11 | by ( Julie Bort | ) www.businessinsider.com time to read: +6 min

IBM's Red Hat has caused an uproar in the Linux community with its latest attempt to squash competitors like Oracle that offer clones of its flagship Red Hat Enterprise Linux software. Oracle has also offered its own version of RHEL called Oracle Linux since 2006, and Oracle and Red Hat have had an antagonistic relationship ever since. And, because that new, you-shall-not-share provision violates the spirit of open source (and some question if it also violates open source licenses), there was a predictable backlash from open source advocates. The core of it — known as the kernel — is built by the Linux Foundation, a non-profit that is separate from Red Hat (although Red Hat supports the foundation). On Monday, Edward Screven, Oracle's top engineering leader, published a blog post with head of Oracle Linux development Wim Coekaerts slamming IBM.

Persons: CentOS, Alma, Greg Kurtzer, RHEL, Mike McGrath, We've, McGrath, Kurtzer, it's, we've, CIQ, Edward Screven, Wim Coekaerts, Coekaerts, Screven, Red, Edward Screven Oracle, Taylor Tyson Organizations: Linux, Oracle, Red Hat, IBM, Red Hat Enterprise Linux, Alma Linux, Rocky Linux, Hat, CentOS, Oracle Linux, Red, Linux Foundation, Microsoft

☆ China releases its first open-source computer operating system
▼ + stars: | 2023-07-06 | by ( Josh Ye | ) www.reuters.com time to read: +1 min

HONG KONG, July 6 (Reuters) - China has released its first homegrown open-source desktop operating system, named OpenKylin, state media said, as the country steps up efforts to cut reliance on U.S. technology. China's massive market for operating systems was worth 15.5 billion yuan ($2.1 billion) last year, state media said, citing an industry report. Developing an operating system independent of U.S. technology has been an important goal for China's tech industry in recent years, with many companies and organisations having contributed to the development of the OpenKylin system. More than a dozen Chinese companies are trying to develop operating systems that could replace Microsoft's Windows and Apple's MacOS operating systems. One such company, UnionTech Software Technology Co Ltd, has been developing what it calls the "Unity operating system".

Persons: Josh Ye, Clarence Fernandez Organizations: China Industrial Control Systems, UnionTech Software Technology Co, Thomson Locations: HONG KONG, China

☆ Microsoft CEO Nadella says he has 'no love' for exclusive deals between game companies and consoles
▼ + stars: | 2023-06-28 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft CEO Satya Nadella arrives to court in San Francisco on June 28, 2023. Microsoft CEO Satya Nadella said Wednesday that he would like to eliminate exclusive arrangements between video games and popular gaming consoles. Microsoft employs the strategy as well for its Xbox, though Nadella said his company is a "low share player in the console market." Regarding exclusive deals, Nadella said "I have no love for that world." The FTC is worried that the tie-up could allow Microsoft to withhold popular games in Activision's library from other consoles or degrade service for those games elsewhere.

Persons: Satya Nadella, Nadella, Sony hasn't, Jim Ryan, he's Organizations: Microsoft, Activision Blizzard, Federal Trade, Nintendo, Sony, FTC, Activision, Sony Interactive Entertainment, Linux Locations: San Francisco, California

☆ Work looks different than it did 3 years ago. These tips can help your employees operate effectively in the 'virtual office.'
▼ + stars: | 2023-04-05 | by ( Sponsor Post | Created Insider Studios With Google Chrome Enterprise | ) www.businessinsider.com time to read: +4 min

From updating cloud management to improving browser security, here’s how IT managers can succeed in their roles. In 2022, the Chrome Browser Cloud Management team added capabilities for managing Chrome on Android and iOS, in addition to the existing support for Windows, Mac, and Linux systems. Chrome Browser Cloud Management enables IT teams to block potentially harmful extensions, force install necessary ones, and monitor versions, add-ons, plug-ins, URLs, and more. And to help employees avoid technical issues while they work, Chrome Browser Cloud Management allows you to set bookmarks, pre-install extensions, or respond to users' requests for extension installs. Learn more about how Google Chrome Browser Cloud Management can help you manage IT operations across your organization.

☆ Why cloud-based browser management is the missing piece of your business' IT strategy
▼ + stars: | 2023-03-30 | by ( Sponsor Post | Created Insider Studios With Google Chrome Enterprise | ) www.businessinsider.com time to read: +6 min

Cloud-based browser management, like Google's Chrome Browser Cloud Management, can help effectively manage these variables and offer insights into your organization's browsers across the enterprise and down to the user level. How enterprise browser management worksChrome Browser Cloud Management helps support crucial web-based business processes in different user environments by shoring up security, supporting worker productivity, and enforcing unified policies. Getting Started with Chrome Browser Cloud ManagementWith a unified view across devices and operating systems, Chrome Browser Cloud Management can help IT administrators reduce time spent on browser management. Those who are new to Chrome Browser Cloud Management can start the short and no-charge enrollment process here. See how Chrome Browser Cloud Management can help you manage your enterprise's IT operations.

☆ In the midst of the AI boom, investors are doubling down on diligence. Here are the five questions VCs are asking every generative AI startup during pitches.
▼ + stars: | 2023-03-02 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +7 min

Buzzy generative AI startups have so far avoided the troubles plaguing the rest of the tech world. Here are the five diligence questions investors are asking generative AI startups, according to VCs. But for generative AI startups, 2023 has been much of the same — and that hasn't been a bad thing. Insider spoke with eight of these VCs about the top five questions they're asking generative AI startups during diligence processes. One hallmark of generative AI startups are their eye-staggering round sizes.

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