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Search resuls for: "Journal’s Tech"


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Could venture capitalists one day be replaced by AI? ‘I can’t say they won’t,’ says Vinod Khosla of Khosla Ventures. Photo: Nikki Ritcher for the Wall Street JournalThe future of AI is in many ways a blank slate—a place where many people place all sorts of fears but where many investors see all sorts of potential. To explore the utopia vs. dystopia scenarios, The Wall Street Journal’s Jason Dean spoke to Vinod Khosla , founder of venture-capital firm Khosla Ventures, at the Journal’s Tech Live conference. Here are edited excerpts of the conversation.
Persons: , Vinod Khosla, Nikki Ritcher, Jason Dean Organizations: Khosla Ventures, Wall Street, Journal’s Tech
Deepa SeetharamanDeepa Seetharaman is a reporter covering artificial intelligence from The Wall Street Journal’s tech bureau in San Francisco. Previously, she covered the intersection of technology and politics and was the Journal's beat reporter covering Facebook (now Meta). She's covered antitrust issues and profiled some of the most influential executives in Silicon Valley. Deepa joined the Journal in 2015 from Reuters, where she covered e-commerce, focusing on Amazon, as well as the U.S. auto industry and labor unions. ​She's won several awards for her coverage including the George Polk Award for Business Reporting and the Gerald Loeb Award in Beat Reporting.
Persons: Deepa Seetharaman Deepa Seetharaman, She's, Deepa, ​ She's, George Polk, Gerald Loeb Organizations: Facebook, Reuters, George Polk Award, Business Locations: San Francisco, Silicon Valley
Tech Live: Microsoft Talks Activision Blizzard Deal, Mobile GamingMicrosoft has been expanding where and how its customers engage with its game offerings, looking to acquire video game company Activision Blizzard as part of that plan. Microsoft’s gaming chief Phil Spencer spoke with Wall Street Journal reporter Sarah Needleman about the deal and more at The Wall Street Journal’s Tech Live conference. Photo: Nikki Ritcher for the Wall Street Journal
Disney CEO Bob Chapek Wants to Customize Fan Experiences
  + stars: | 2022-10-27 | by ( Robbie Whelan | ) www.wsj.com   time to read: 1 min
The Walt Disney is focused on telling stories in “a more customized, more personalized way” and “bringing together the physicality plus the media element of Disney,” chief executive Bob Chapek said Wednesday. Speaking at The Wall Street Journal’s Tech Live conference, Mr. Chapek said the entertainment company is working on ways to unite its two main business lines—its parks, experiences and products division and its media, content and streaming division—using the Disney+ app. The idea, he said, is to steer content to customers based on what theme park rides a visitor prefers, for example, rather than trying to predict what a customer will like based on past viewing or personal information.
Apple privacy changes have hurt Snap business, but the tech giant is adapting its policies to help developers, Snap Chief Executive Evan Spiegel said. “I think the good thing, I’m optimistic, is Apple does continue to iterate,” Mr. Spiegel told the audience at The Wall Street Journal’s Tech Live conference Tuesday. “And so while this transition has been disruptive, I see a real commitment from the Apple team to continue to improve so that their developers can be successful on their platform.”
Roelof Botha , the head of Sequoia Capital, said he thinks there are large improvements to be made for Twitter current business and that Elon Musk’s takeover bid for the social-media company will be a success. Mr. Botha, speaking at The Wall Street Journal’s Tech Live conference, said he thought Twitter could find better ways to make money beyond advertising and improve its product. Sequoia has committed $800 million for the deal. The funding is set to come from Sequoia’s main venture funds, its wealth management business called Heritage, and its crossover fund Sequoia Capital Global Equities.
Digital artist Mike Winkelmann , who goes by Beeple , rarely visited art museums before he sold a digital collage at Christie’s for nearly $70 million last year. Now, he is building a museum of his own. Speaking at The Wall Street Journal’s Tech Live conference, Mr. Winkelmann said he is constructing a 50,000-square-foot exhibition space in Charleston, S.C., to display digital art, including his own.
CNN Business —The iPhone will support USB-C charging in the European Union to comply with a new ruling that mandates electronic devices have a common charging standard, an Apple executive said Tuesday night. “Obviously we will have to comply,” Greg Joswiak, Apple’s senior vice president of worldwide marketing, said at the Wall Street Journal’s Tech Live conference, in the first remarks from a company official since the ruling came out Monday. EU member states voted on Monday to approve legislation that would require smartphones, tablets, digital cameras, portable speakers and other small devices to support USB-C charging by 2024. The law would effectively require Apple (AAPL) to move away from the proprietary Lightning charger it uses for devices in the EU, and could potentially extend to devices Apple (AAPL) sells in other markets as well if the company decides to streamline its products globally. “I don’t mind governments telling us what they want to accomplish,” he said, “but usually we have some pretty smart engineers that help us figure out how to accomplish them technically.”
Activate Chief Executive Michael Wolf said much of the foundation needed to expand the metaverse is already in place. The metaverse is a technology that is far more mature than many people realize, especially in videogames, says Michael Wolf , co-founder and chief executive of consulting firm Activate Inc.Companies that take a long-term approach and invest in the metaverse, which refers to sophisticated online worlds, could be highly influential to its future, said Mr. Wolf, who spoke Tuesday at The Wall Street Journal’s Tech Live conference. Early adopters have the opportunity to help develop what could emerge as a new virtual economy, he said.
FTX Is Raising Fresh Cash, in Part for Acquisitions
  + stars: | 2022-10-25 | by ( Berber Jin | ) www.wsj.com   time to read: 1 min
FTX Trading Ltd. founder Sam Bankman-Fried said that he’s in talks to raise fresh cash, in part to make “efficient acquisitions” amid the crypto rout. Mr. Bankman-Fried said at The Wall Street Journal’s Tech Live conference Tuesday that he sees acquisitions as an opportunity to boost the number of retail users on the crypto exchange he founded, a consumer segment he said FTX has so far been slow to reach.
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