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☆ Apple spent 10 years trying to launch a car. China's Xiaomi just did it in 3.
▼ + stars: | 2024-03-13 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Xiaomi CEO Lei Jun. Advertisement"As we approach the 3rd anniversary of our EV-manufacturing journey, 'Fight for Xiaomi EV' continues to fuel me and the team. Like Apple, Xiaomi is best known for selling smartphones. So it's worth asking how Xiaomi has managed to do what Apple spent the best part of a decade trying to do. Xiaomi CEO Lei Jun unveils the SU7, the company's first electric car.

Persons: —, Lei Jun, ChinaFotoPress, Lei, Xiaomi, Apple, BYD, Tim Cook Organizations: Service, Apple, Business, EV, Counterpoint Research, Bloomberg, Beijing Automotive Group, BAIC, FLORENCE LO, REUTERS Locations: China, Beijing, Arizona, FLORENCE, Cupertino

☆ The Princess of Wales is in the spotlight — for not being in the spotlight
▼ + stars: | 2024-03-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the curious case of Kate Middleton's edited photo that's got the internet buzzing. The big storyPrincess problemsChris Jackson/Getty Images; Ian Vogler - WPA Pool/Getty Images; Chelsea Jia Feng/BIA picture is worth a thousand words. AdvertisementBut this time around, it's the Princess of Wales in the spotlight… for not being in the spotlight. She explained away the issue by saying she does "occasionally experiment with editing," but plenty of people weren't buying it .

Persons: —, we've, Kate Middleton's, that's, Chris Jackson, Ian Vogler, Chelsea Jia Feng, hasn't, Prince Andrew , Duke, York, Prince Harry, Meghan Markle, Duke, Duchess of Sussex, Wales, Kate, Insider's Kwan Wei Kevin Tan, Mikhaila Friel, Kensington, Kensington Palance, Patrick Witty's, Patrick, Kate Middleton, King Charles, Mikhaila, Easter, Katie Notopoulos, BI's Hasan Chowdhury, Beatrice Nolan, Chris Gash, Stephanie Pomboy, Max, Aravind Srinivas, Nvidia's, Artur Debat, Eric Boyd, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Royals, JPMorgan, Anadolu, Apple, Meta, New York Times, Tesla, Microsoft, OpenAI, International Brotherhood of Teamsters Locations: London, Kensington, British, China, Georgia , Mississippi, Washington, New York

☆ Kate Middleton picture fiasco shows we're at the point of no return with trusting anything online
▼ + stars: | 2024-03-11 | by ( Hasan Chowdhury | Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

A family photo of the Princess of Wales has added fuel to the fire of a wild online conspiracy. The fiasco proves that trusting anything online has become a total nightmare in the AI age. AdvertisementHowever, concerns over the family image have had the opposite effect for an entirely understandable reason. AdvertisementOpenAI has attempted to introduce some form of digital watermarking for images generated by its AI tools, but studies indicate that most forms of marking out AI content are still rife with weaknesses. But in the age of AI, users also need to seek their own verification before trusting online content — something that's still easier said than done.

Persons: Princess, —, Kate Middleton, Wales, Kate, Prince William, Princess Charlotte's, Prince, Princess of Wales, Queen Consort, Henry Ajder, Adjer, Ajder, OpenAI, Pope Francis Organizations: Service, Getty, Associated Press, Reuters, AFP, BI, Vatican Media Locations: Wales, Kensington

☆ China is teaching the likes of Apple and Tesla a very painful business lesson
▼ + stars: | 2024-03-11 | by ( Hasan Chowdhury | Lina Batarags | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In turn, sentiment toward Western business has soured. It's no wonder US companies that once banked on this being the "Chinese century" are having to learn a very painful lesson about doing business in China. According to The Wall Street Journal, a directive known as Document 79 is being ramped up to push out Western companies. AdvertisementHow Western companies respond will be closely watched, as China remains too valuable to lose a hold of.

Persons: —, Apple's, Tesla, Gene Munster, Wang Gang, Muster, BYD, It's, John Keeble, Li Qiang, Suzanne Clark Organizations: Service, Business, Research, Apple, Getty, Shanghai gigafactory, Bloomberg, China's Passenger Car Association, Deepwater Asset Management, Huawei, Volkswagen, Reuters, National People's Congress, Wall Street, US Chamber of Commerce Locations: China, Beijing, Shanghai

☆ Finally, an Inclusive Range of Gowns for Brides of Color
▼ + stars: | 2024-03-07 | by ( Sadiba Hasan | ) www.nytimes.com time to read: 1 min

In January, Tessa Tookes tried on her dream wedding dress at a bridal boutique in Ontario. When the store employees told her she would have to pay $200 for the bra cups of the gown to match her skin color, her heart sank. The beige cups that had already been built into the dress, however, were free. Ms. Tookes, who is Black, loved the dress so much that she put down a deposit for half the price of the gown. “When the dust settled a week later, I was like, I probably don’t want to wear this dress anymore,” Ms. Tookes, 28, said.

Persons: Tessa Tookes, Tookes, Ms, ” Locations: Ontario

☆ The iPhone needs a revamp, and its sagging performance in China is proof
▼ + stars: | 2024-03-06 | by ( Hasan Chowdhury | Lina Batarags | ) www.businessinsider.com time to read: +6 min

Read previewThe last thing Tim Cook needs this year is for the iPhone to give him a headache. Unfortunately for Apple, that task could be complicated as signs emerge that its workhorse gadget needs a revamp. In its most recent quarter, Apple generated almost $70 billion of its $119.6 billion total revenue from iPhone sales. China, Apple's most important international market, has started to sour on iPhones, bucking a trend of growth in other regions. Apple's AI efforts, led by ex-Googler and senior vice president John Giannandrea, could introduce several AI features to iPhones that offer an edge over Chinese competitors.

Persons: —, Tim Cook, Cook, Steve Jobs, Paul Sakuma, Will Wong, Wong, Wang Gang, Gene Munster, Munster, Dan Ives, John Giannandrea, Siri, Jobs Organizations: Service, Apple, Vision, Business, Macworld, Counterpoint Research, Vivo, Huawei, Wall Street Journal, IDC's, Devices, Research, Asset Management Locations: Cupertino, China, Greater China, Beijing, Singapore, IDC's Asia

☆ Silicon Valley's elite are moralizing about the future of AI
▼ + stars: | 2024-03-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

It has reignited the savior complex of Silicon Valley's biggest personalities too. AdvertisementThough some questions are being asked about how much of a case Musk has here, the whole saga has offered plenty of incentive to Silicon Valley's more opinionated leaders to moralize on the future of AI. The open option — in theory at least — champions AI models that are transparent about how they're trained and collectively developed by a global community of developers. (2) Big companies, small companies, independent developers, and open source communities should be free to pursue AI. But which side of the battle the rest of Silicon Valley's AI leaders fall on will be watched just as closely.

Persons: —, Elon, Sam Altman's OpenAI hasn't, OpenAI —, they're, Meta, Sam Altman, Andrew Caballero, Reynolds, Marc Andreessen, Vinod Khosla, Andreessen, shouldn't, isn't, 2VqL6T5qZe, Marc Andreessen 🇺🇸 ( Organizations: Service, Microsoft, OpenAI, Business, Getty, Manhattan, Chinese Communist Party, Big Locations: China, San Francisco, jure

☆ Author Cory Doctorow has a theory about why all tech and social platforms eventually decline
▼ + stars: | 2024-03-03 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Cory Doctorow has a theory for why tech platforms are getting worse. After locking users in, Doctorow believes tech platforms deliberately worsen the user experience. AdvertisementCory Doctorow has a theory for why tech platforms seem to have been sapped of all their joy: he calls it the great "enshittification." The 52-year-old Canadian-British author coined the term as a means of describing the growing sense that platforms operated by Big Tech companies are decaying beyond recognition. AdvertisementApple App Store.

Persons: Cory Doctorow, Doctorow, —, beholden, Uber, Apple, Zuckerberg's, Zuckerberg, there's Organizations: Service, Big Tech, Facebook, Twitter, Netflix, NurPhoto, Getty, Companies, Apple, EU's, European Commission, Meta, Cambridge, Capitol Locations: British

☆ Tell Us About Your Pandemic Relationship Regrets
▼ + stars: | 2024-03-01 | by ( Sadiba Hasan | ) www.nytimes.com time to read: +1 min

About two weeks ago, a woman who goes by the name Reesa Teesa created a 50-part series on TikTok to recount her whirlwind relationship saga with a man she began dating and quarantining with in March 2020. In the eight-hour epic, titled “Who TF Did I Marry?,” she referred to her ex-husband as a “pathological liar” and unpacked the many ways she claims he conned her. Her videos, which have received more than 300 million views, elicited thousands of comments from viewers who were not only captivated by her storytelling skills, but also those who related to being in a pandemic relationship gone awry. The uncertainty and isolation that defined much of the pandemic era caused many people to rush into relationships that they now regret. As we approach the fourth anniversary of the Covid-19 pandemic, we want to hear about your relationship regrets from the pandemic.

Persons: Teesa

☆ 'Grand Theft Auto VI' means every day is an office day for Rockstar workers
▼ + stars: | 2024-03-01 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The developer behind the Grand Theft Auto games has asked employees to return to the office five days a week from April, per Bloomberg, as it enters the final stages of development for the franchise's next installment, "Grand Theft Auto VI." AdvertisementHello @X, watch Grand Theft Auto VI Trailer 1 pic.twitter.com/smzxOLhh4o — Rockstar Games (@RockstarGames) December 5, 2023IP and sales worth billions on the lineSecurity has always been a huge priority at Rockstar. But in the run-up to the release of "Grand Theft Auto VI," Rockstar, which adopted remote work during the COVID-19 pandemic, has had several security issues to contend with. The Independent Workers Union of Great Britain (IWGB) said the decision by Rockstar came a year after 170 Rockstar workers signed a petition "opposing mandatory 3-day office work." Rockstar workers represented by the union accused the developer of "broken promises" and said they had concerns around a "heightened risk of overwork," which the company has been criticised for in the past.

Persons: —, Jenn Kolbe, Ned Luke, he'd, Jason Schreier Organizations: Service, Theft, Bloomberg, Business, Rockstar, Twitter, Independent Workers Union of Great Locations: Independent Workers Union of Great Britain

☆ Apple's electric car crash shows even a $2.8 trillion company can't burn cash forever
▼ + stars: | 2024-02-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

The world was quite different when Apple quietly started its electric vehicle project in 2014. Having launched its Vision Pro mixed reality headset this month, the company has already committed itself to scaling and commercializing a technology that presents an entirely new business area. Tim Cook and Apple Vision Pro. AdvertisementThat's particularly so as competitors like Mark Zuckerberg post public teardowns of Apple's foray into mixed reality — a technology far from hitting mainstream appeal. AI and mixed reality are plenty to keep it busy for now.

Persons: Apple, Jeff Williams, Kevin Lynch, Tim Cook, Justin Sullivan, Mark Zuckerberg, Sir James Organizations: Apple, Business, Bloomberg, Apple Vision, Big Tech, Meta, Google Locations: China

☆ Mark Zuckerberg's Asia trip is all about making AI friends
▼ + stars: | 2024-02-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Mark Zuckerberg isn't just in Asia to enjoy Japanese McDonald's and hit the ski slopes. The meetings will put Meta's AI and mixed reality ambitions front and center as competition grows. The likes of Meta's AI chief Yann LeCun have pushed back on suggestions that open-source AI is dangerous because the sheer volume of resources any bad actor would need to use an AI model maliciously makes it highly untenable. Meta's mission to build businessPoliticians won't be the only thing on Zuckerberg's mind on his Asian trip. Meta's line of mixed reality headsets, the Quests, finally face a formidable foe following Apple's release of the Vision Pro this month.

Persons: Mark Zuckerberg isn't, —, Mark Zuckerberg, Kokaji, Zuckerberg, Fumio Kishida, Sam Altman, Kishida, Yoon Suk, OpenAI's Altman, FABRICE COFFRINI, Yann LeCun, ROBYN BECK, Getty Zuckerberg, Jay Y, Lee Organizations: Service, Japan's, Japan Times, South, Bloomberg, Economic, Business, Meta, Vision, Apple, LG Electronics, Samsung Locations: Asia, Japan, Davos, South Korea, Switzerland, Seoul

☆ The Evil Eye? Not Invited.
▼ + stars: | 2024-02-27 | by ( Sadiba Hasan | Amir Hamja | ) www.nytimes.com time to read: 1 min

About four years ago, the D.J.s Malinder Tooray, Omar Ahmed and Bianca Maieli hosted a night of music and dancing in Los Angeles. Their show, “No Nazar,” attracted a wide following and filled in what many saw as a gap in the music and nightlife scene. “Nazar” is an Arabic word borrowed by many languages and cultures. It invokes the concept of “evil eye” — that is, an envious glance that can cause harm to those it falls on. The event created by Ms. Tooray, Mr. Ahmed and Ms. Maieli reflected a mood the trio was trying to create — that of an inviting and affirming environment that encourages cultural exchange through music.

Persons: Tooray, Omar Ahmed, Bianca Maieli, ”, “ Nazar ”, Ahmed, Maieli Locations: Los Angeles, Asia

☆ Google's mission is organizing the world's information. Its 'woke' AI debacle prompted critics to say it's failing.
▼ + stars: | 2024-02-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewSince its inception, Google has had a mission statement that is now practically enshrined as lore: "To organize the world's information and make it accessible and useful." Its AI, critics say, risks suppressing information instead by being too "woke." AdvertisementGoogle's AI troublesGoogle has more than 90% of the search market, giving it dominant control over the world's information flow online. Advertisement"The original mission was to index all the world's information. In a blog published Friday, Google vice-president Prabhakar Raghavan acknowledged some of the images Gemini generated turned out to be "inaccurate or even offensive."

Persons: —, Larry Page, Sergey Brin, Gemini, Peter Kafka, Adolf Hitler, Elon, David Sacks, Critics, Sam Altman, Andrew Caballero, Reynolds, Bilal Zuberi, Brad Gerstner, Microsoft —, Elon Musk, OB1CCZHan3, Prabhakar Raghavan, overcorrected, Raghavan Organizations: Service, Google, Business, Craft Ventures, Lux Capital, Microsoft, Elon Locations: Menlo Park, AFP

☆ He Doubted He’d Find ‘the One.’ She Made Him a Believer.
▼ + stars: | 2024-02-23 | by ( Sadiba Hasan | ) www.nytimes.com time to read: 1 min

On his Hinge dating profile, Yuwoon Choi answered a prompt: “All I ask is that you … be open to dating someone in a wheelchair.”The prompt, in conjunction with his profession as general counsel at Samsung, caught Danni Liu’s eye when she came across his profile in May 2023. She matched with him and started a conversation, but he responded at snail’s speed. Four days after they matched, Mr. Choi, 37, asked her out on a date for the following Saturday. “He had me waiting for two weeks, basically,” Ms. Liu, 30, said. “From my experience, if someone really likes you, they want to see you sooner.”

Persons: Yuwoon Choi, Danni Liu’s, wasn’t, Choi, “, Ms, Liu, ” Organizations: Samsung

☆ Google just can't seem to catch a break
▼ + stars: | 2024-02-23 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The search giant announced a major upgrade to its AI model Gemini. Google under fireGoogle's big problem came after Gemini users started to report problems this week with its image-generation feature. For Google, the moment is one that casts a shadow over real advances it has made in AI to keep it neck-and-neck with competitors. In part, it's because the Gemini image generation blunder really is as bad as people say. Google CEO Sundar Pichai has previously said he feels "very comfortable" about where the company is with its AI mission.

Persons: —, Gemma, Gemini, Elon, Musk, Nathan Lambert, OpenAI's, haven't, It's, Sundar Pichai Organizations: Service, Microsoft, Business, Google, Gemini, Allen Institute, AI

☆ Nvidia just showed the world it's the AI daddy
▼ + stars: | 2024-02-22 | by ( Hasan Chowdhury | George Glover | ) www.businessinsider.com time to read: +5 min

AdvertisementIt sure seems like Nvidia is everyone's AI daddy right now. But in case anyone needed another reminder of who the AI daddy is, Nvidia delivered it on Wednesday. Nvidia stock surged as much as 14% in premarket trading Thursday. There are a few reasons why Nvidia has become indispensable to tech firms trying to take advantage of the AI gold rush. Expect Nvidia to remain the AI daddy for the foreseeable future.

Persons: Jensen Huang, Mark Zuckerberg, Huang, Goldman Sachs, Lisa Su, Matt Bryson, Bryson, OpenAI's Sam Altman, SoftBank's, Kathleen Brooks, XTB Organizations: Nvidia, Microsoft, Meta, Reuters, Huawei, Technology, AMD Locations: Santa Clara, China

☆ The Tesla chair was meant to rein in Elon Musk, but she's shunned the spotlight. A court ruling has dragged her into it.
▼ + stars: | 2024-02-21 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Not every CEO in charge of a publicly traded stock market giant gets to act like Elon Musk . But her tenure as chair came in for criticism last month after a Delaware judge voided Musk's $55.8 billion pay package approved by the Tesla board in March 2018. At trial, Denholm was not sure whether the Disclosure Committee was fulfilling its obligations under the SEC Settlement," McCormick's opinion noted. AdvertisementMcCormick also drew attention to how Musk changed his title to "Technoking of Tesla" in March 2021. Musk is also seeking to reincorporate Tesla in Texas from Delaware following the court decision in the state on his pay package.

Persons: Elon, Robyn Denholm, Denholm, She'd, Tesla, Musk, Judge Kathaleen McCormick, Judge McCormick, that's, McCormick, Musk's, “, Technoking ”, Elon Musk, Antonio Masiello, ”, …, reincorporate Tesla Organizations: Juniper Networks, Telstra, Blackbird Ventures, Business, Securities and Exchange Commission, SEC, New York Times, Board Locations: Australian, Delaware, Tesla, Texas

☆ ChatGPT is losing its mind and no one seems to know why
▼ + stars: | 2024-02-21 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Users started to wonder if the OpenAI's chatbot was malfunctioning after it spouted "Spanglish." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Muchas gracias for your understanding, y I’ll ensure we’re being as crystal clear como l’eau from now on,” ChatGPT wrote. chatgpt is apparently going off the rails right now and no one can explain why pic.twitter.com/0XSSsTfLzP — sean mcguire (@seanw_m) February 21, 2024Another user asked ChatGPT about the difference between mattresses in different Asian countries. Its status dashboard first noted it was “investigating reports of unexpected responses from ChatGPT” on February 20.

Persons: —, OpenAI’s, Sean McGuire, ”, ” ChatGPT, Bill Evans, 0XSSsTfLzP — sean mcguire, ChatGPT, hasn’t, ” OpenAI, ChatGPT ”, It's, OpenAI, Gary Marcus, — Gary Marcus, @GaryMarcus, Marcus Organizations: Service, Microsoft, Business Locations: GPT

☆ It's not just Sam Altman trying to throw money at the AI chip shortage
▼ + stars: | 2024-02-20 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The race is on to address the AI chip shortage. SoftBank's Masayoshi Son is the latest tech leader who plans to invest heavily in chip production. Chips are needed to train the complex models that underpin AI — but there's not enough to go around. SoftBank CEO Masayoshi Son is the latest tech leader to raise funds to tackle the chip shortage. So too are more speculative ambitions being pursued by both Altman and Son, such as the development of artificial general intelligence.

Persons: —, Sam Altman, it's, Masayoshi Son, Altman, Son, Ethan Mollick, ” There's, That's, Mark Zuckerberg, ” Mark Zuckerberg, JOSH EDELSON, Son’s Organizations: Service, Tech, Journal, Izanagi, Bloomberg, Kyodo, Stills, Nvidia, Samsung, Intel, ARM Locations: Tokyo

☆ Saudi Arabia is reportedly borrowing to help fund its megaprojects as oil prices struggle
▼ + stars: | 2024-02-20 | by ( Tom Porter | Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Saudi Arabia has started borrowing to fund megaprojects including Neom, The Wall Street Journal reported. AdvertisementSaudi Arabia is borrowing to help fund an array of ambitious projects including the $500 billion Neom desert megacity, The Wall Street Journal reported. Under its ambitious ruler Mohammed bin Salman's Vision 2030 project, Saudi Arabia is seeking to diversify its economy away from fossil fuels and become a global hub for technology and innovation. The Saudi sovereign wealth fund, the Public Investment Fund, is providing funding for cornerstone "gigaprojects" estimated to cost tens of billions of dollars apiece. He said Saudi Arabia may need to raise another $270 billion for the Public Investment Fund by 2030.

Persons: —, Mohammed bin Salman's, Tim Callen, Brent, Karen Young Organizations: Street Journal, Saudi, Service, Public Investment Fund, Aramco, Gulf States Institute, Bloomberg, Monetary Fund, US Energy Information Administration, Middle East Institute Locations: Saudi Arabia, Saudi, Washington, Diryah

☆ Saudi Arabia's futuristic megaprojects are so expensive that even its oil riches may not be enough
▼ + stars: | 2024-02-20 | by ( Tom Porter | Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

AdvertisementSaudi Arabia is borrowing to help fund an array of ambitious projects including the $500 billion Neom desert megacity, The Wall Street Journal reported. Under its ambitious ruler Mohammed bin Salman's Vision 2030 project, Saudi Arabia is seeking to diversify its economy away from fossil fuels and become a global hub for technology and innovation. The Saudi sovereign wealth fund, the Public Investment Fund, is providing funding for cornerstone "gigaprojects" estimated to cost tens of billions of dollars apiece. He said Saudi Arabia may need to raise another $270 billion for the Public Investment Fund by 2030. AdvertisementThe International Monetary Fund said in October that the Saudis needed oil to be about $86 a barrel to fund its spending commitments.

Persons: Mohammed bin Salman's, Tim Callen, Brent, Karen Young Organizations: Street Journal, Public Investment Fund, Aramco, Gulf States Institute, Saudi, Bloomberg, Monetary Fund, US Energy Information Administration, Middle East Institute Locations: Saudi Arabia, Saudi, Washington, Diryah

☆ Sam Altman just reminded everyone why OpenAI is leading the pack
▼ + stars: | 2024-02-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

On Thursday, OpenAI unveiled its new text-to-video model Sora. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This time, it’s not because of a shock ousting from OpenAI , nor is it because of anything to do with ChatGPT . Instead, it’s because of a whole new AI model called Sora.

Persons: Sam Altman, OpenAI, —, Sora, “, ”, MrBeast, Carl Pei, Will Smith, Nikunj, Altman, ” Kothari, mindshare, it’s, Donald Trump, Joe Biden Organizations: Service, Dreamworks, Google, Nvidia, Khosla Ventures Locations: OpenAI, California, New York, Hollywood

☆ The gloves are off among Silicon Valley CEOs
▼ + stars: | 2024-02-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Silicon Valley CEOs are doing battle in public. AdvertisementThe Silicon Valley elite have been at each other's throats a little more than usual lately. AdvertisementThe latest example of this came this week when Mark Zuckerberg derided Apple's Vision Pro headset in an Instagram video. The Vision Pro is a direct competitor to Meta's Quest Pro but Zuckerberg does not appear concerned for now. “If you go back to the PC era, Microsoft’s open model was the winner, and in this next generation Meta is going to be the open model, and I really want to make sure that the open model wins out again.”Zuckerberg has good reason to be on the offense.

Persons: Mark Zuckerberg, —, Apple's, Zuckerberg, Justin Sullivan, it’s, ” Zuckerberg, OpenAI’s, Bill Gates, ” Elon Musk, Sam Altman, chatbot Grok, Elon Musk, Leon Neal, Satya Nadella, OpenAI, Y, Paul Graham, Tim Cook, Steve Jobs, ”, “ Organizations: Vision, Service, Tech, Meta's, Apple, Reality Labs, Microsoft, Google Locations: OpenAI, Zuck

☆ Uber is celebrating its $1 billion profit. But some drivers are feeling left behind.
▼ + stars: | 2024-02-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Drivers are feeling squeezedSome Uber drivers are feeling squeezed on pay. That doesn't mean drivers aren't feeling angry about a drop in pay that they say they've experienced, with data backing them up. Gridwise Analytics, a data firm analyzing the gig economy , found average monthly gross earnings for Uber drivers fell 17% last year. A more contentious issue among drivers has focused on whether or not Uber is taking a bigger slice of their fares. Yet it seems that not all drivers are satisfied — and Uber will be hoping that number doesn't keep rising.

Persons: —, Dara Khosrowshahi, he’d, Uber, ” Khosrowshahi, “, it's, ru4gU8nRa7, OEx6OEkovB Organizations: Service, Business, App Workers, “ Workers, East, Drivers, East Coast Locations: Chicago, Philadelphia, Pittsburgh

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