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☆ Nvidia is worth nearly $1 trillion—here’s how much you’d have if you invested a decade ago
▼ + stars: | 2023-06-01 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

When it crossed that threshold, Nvidia momentarily became the fifth publicly traded U.S. company to surpass the $1 trillion mark. What Nvidia's rise means for investorsOn May 25, Nvidia reported first-quarter earnings for its fiscal 2024, which were better than expected. The company reported revenue of $7.19 billion for the quarter, beating the $6.52 billion analysts predicted, according to Refinitiv consensus estimates. Nvidia reported adjusted earnings per share of $1.09, which surpassed the $0.92 analysts expected. Nvidia shares have risen a little over 159% since the start of the year as of the close of trading on May 31.

Organizations: Nvidia, Wall, U.S, Apple, Microsoft, Research Locations: Santa Clara , California

☆ China's Oppo debuts 'mixed reality' headset as Apple, Microsoft explore similar devices
▼ + stars: | 2023-05-31 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

Chinese electronics giant Oppo debuted a mixed reality headset on Wednesday, pushing into an area in which U.S. technology companies Microsoft and Apple have taking a keen interest. The Oppo MR Glass Developer Edition is designed for developers to create apps and figure out the best uses for mixed reality technology. Mixed reality refers to technologies that encompass both virtual reality and augmented reality (AR). Oppo is bullish on the future of mixed reality and sees it as the next computing platform after the smartphone. In an interview with GQ this year, company CEO Tim Cook explained why people might want a mixed reality headset in the future.

Persons: Xu Yi, Oppo, Xu, Xiaomi, Tim Cook, Cook Organizations: Microsoft, Apple, Oppo, CNBC, Samsung, GQ Locations: China

☆ Just what is phygital art, and why is Dubai going big on it?
▼ + stars: | 2023-05-29 | by ( Mark Tutton | ) edition.cnn.com time to read: +8 min

CNN —“Phygital art” may not be the most elegant phrase in the English language, but it is generating a buzz in certain circles. The Art Dubai international fair has a digital component exploring new media and technology trends, including phygital works. Separately, Christie's hosted its Art + Tech Summit at Art Dubai this year. Pablo del Val: Phygital works of art can also be NFTs, but a phygital work of art doesn’t necessarily need to be an NFT. Cedric Ribeiro/Getty Images Europe/Getty Images for Art DubaiWhy is phygital art important to you?

☆ Palo Alto Networks CEO calls generative AI a boon for customer satisfaction and company efficiency
▼ + stars: | 2023-05-23 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Palo Alto Networks ' CEO Nikesh Arora lauded generative artificial intelligence in the cybersecurity space on Tuesday, telling CNBC's Jim Cramer the technology has the potential to maximize efficiency for customers and workers. "I think there's going to be tremendous amounts of efficiency and customer happiness driven from [generative AI] at one end," Arora said. Arora said generative AI will allow the company to double in size within the next few years without having to proportionally scale employees. Instead, generative AI was able to finish the project in four hours. For example, he said he's already heard discussions of people creating safe words so as not to be fooled by deepfakes or bad AI.

☆ Here’s what Pfizer and Moderna say is next for their Covid vaccines
▼ + stars: | 2023-05-22 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +9 min

Scott Olson | Getty ImagesThree years and billions of Covid vaccinations into the pandemic, Pfizer and Moderna say their work is far from over. Here's what Moderna and Pfizer say is next for their Covid shots. Annual Covid shotsPfizer and Moderna aim to keep up with a shift in the U.S. toward annual Covid shots rather than frequent booster doses. Miller, who helped lead the development of Moderna's Covid shot in 2020, said the advantages of using mRNA became evident earlier on in the pandemic. 'Next-generation' Covid shotsPfizer's and Moderna's Covid vaccines both deliver robust protection against the virus, but that immunity can start to fade after four to six months.

☆ I oversee car repairs at a dealership. Here's what you need to know about maintenance and how we do our job.
▼ + stars: | 2023-05-22 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

Mike Wilhelm is a service and parts director at a car dealership in Michigan. He says drivers have some misconceptions about car repair and how EVs differ from gas-powered cars. Here's his advice for car repair and maintenance, as told to the reporter Alexa St. John. I would suggest car owners do a little bit of homework on car maintenance and why it's necessary so they can understand the importance of it. They took their car to an aftermarket mechanic, put four or five different parts on the car, and come to us saying no one's ever touched the car.

☆ Video Shows Google's 'Magic Window' for Meetings in Action
▼ + stars: | 2023-05-19 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

YouTuber Marques Brownlee filmed what it's like to use Google's 3D video chat device. Google unveiled the tech, dubbed "Project Starline," back in 2021 with pictures showing the "magic window" for meetings. Brownlee's video actually shows what it's like to use Google's latest prototype for the technology. The video by Brownlee actually shows what it's like to use the technology — Google has previously shown images and animations. "The magic of this is twofold — it's the display and the computing happening," he said in the video.

Hong Kong CNN —China’s Communist Party had “supreme access” to all data held by TikTok’s parent company Bytedance, including on servers in the United States, a former employer who is bringing a wrongful termination lawsuit has alleged. Yintao “Roger” Yu filed a lawsuit of wrongful termination against Bytedance in Superior Court in San Francisco earlier this month. Yu’s lawsuit alleges that the company made user data accessible to China’s Communist Party via a backdoor channel, no matter where the data was located. Yu worked for ByteDance Inc. for less than a year and his employment ended in July 2018,” which Yu disputed in his complaint. So the risk would be similar to any government going to an American company, asking for data,” Chew said at the hearing.

☆ Who is Sam Altman? The man behind ChatGPT is about to have his moment on Capitol Hill
▼ + stars: | 2023-05-15 | by ( Jennifer Korn | ) edition.cnn.com time to read: +9 min

New York CNN —For a few months in 2017, there were rumors that Sam Altman was planning to run for governor of California. Altman, the CEO and co-founder of OpenAI, the artificial intelligence company behind viral chatbot ChatGPT and image generator Dall-E, is set to testify before Congress on Tuesday. Maybe I’m wrong?’ Thank God someone with so much power has so much humility.”Others want Altman and OpenAI to move more cautiously. OpenAI co-founder & CEO Sam Altman speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 03, 2019 in San Francisco, California. Similar generative AI technology is quickly finding its way into productivity and search tools used by billions of people.

☆ Massive city growth and climate change are twin opportunities, says manager of $40 billion fund
▼ + stars: | 2023-05-11 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +6 min

"Investing in infrastructure, climate-related technology is the future," Wahba told CNBC in a video interview in May. The road is made of bitumen," a derivative of an oil product, Wahba told CNBC. Each stage of that process poses an infrastructure climate problem. "There are very, very attractive returns," Wahba told CNBC. Of course, some climate investments are risky.

☆ 'Avengers' director Joe Russo says everyone should be scared of AI
▼ + stars: | 2023-05-10 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

"Avengers" director Joe Russo says everyone should be scared of artificial intelligence. The director told Variety AI must work as a "tool servicing us rather than us servicing the tool." "Avengers" director Joe Russo has weighed in on the development of artificial intelligence. "I think everyone should be scared of AI," Russo told Variety at the Los Angeles premiere of "Citadel." Russo told Variety AI must work as a "tool servicing us rather than us servicing the tool."

☆ MBA professors identified which kinds of workers are most at risk when new tech comes along — and the ones who'll stay relatively safe
▼ + stars: | 2023-05-09 | by ( Roberta Kwok | Kellogg Insight | ) www.businessinsider.com time to read: +12 min

That allowed them to track how breakthrough technologies impacted the exposure of workers in relevant occupations over time. Based on U.S. Census surveys from 1910 to 2010, the team found that an increase in technology exposure was linked to a decline in employment. These employees saw their wages slow down by more than twice as much as average workers in the same occupation with the same level of technology exposure. Even when their technology exposure did go up, their income didn't slow down as much as it did in other types of occupations. "Not all technology is bad for workers," Seegmiller says.

☆ Amazon plans to reboot its struggling Alexa business by working on its own ChatGPT-like technology, leaked document shows
▼ + stars: | 2023-05-02 | by ( Eugene Kim | ) www.businessinsider.com time to read: +7 min

One of its ideas is to add entertainment features for Prime Video search and recommendations. "It feels like Alexa is thinking vs. fetching from a database," the document, titled "Alexa LLM Entertainment Use Cases," said. The document focused on new entertainment features for Alexa, including more conversational video search, personal recommendations, and storytelling and news-reading capabilities. When the user asks about one of the recommended shows — Paramount+'s "Younger" is the example used in the document — Alexa shares a one-line summary. 'World's best personal assistant'Other video search features listed in the document include semantic search and personal recommendations.

☆ Top US general predicts troops will have to always be on the move and be 'nearly invisible' to survive on future battlefields
▼ + stars: | 2023-05-02 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Gen. Mark Milley painted a terrifying picture of what future battlefields will look like in a new podcast interview. Soldiers will have to be almost invisible to survive on battlefields that are far more lethal, he warned. Breakthroughs in this space include the development of long-range precision munitions, the emergence of hypersonic weapons, an increased ability to sense and track environments, and integration of unmanned robotic systems. "What are some of the attributes of a future force? But speed, size, and being nearly invisible will be fundamental to survival on a future battlefield."

☆ The CEO of Xerox says his company has survived over 100 years of economic ups and downs thanks to 3 strategies
▼ + stars: | 2023-05-02 | by ( Meira Gebel | ) www.businessinsider.com time to read: +6 min

Steve Bandrowczak, the CEO of Xerox, leaned on company culture to execute his goals. But as economic forecasts began to sour in early 2023, and experts predict a likely recession this year, Bandrowczak began to count on Xerox's company culture to execute his goals. Build a culture of resilienceHow do you build a company culture of resilience? To prepare teams across your organization effectively for constant evolution through technology, be intentional when introducing new systems and strategies. "The biggest hurdle is the culture, the easiest part is the technology side of it," Bandrowczak said.

☆ Dubai's stunning skyline shown in surreal, dramatic images
▼ + stars: | 2023-05-01 | by ( Nadia Leigh-Hewitson | ) edition.cnn.com time to read: +3 min

Now, artist Baber Afzal is capturing the city-state’s famous towers and spires in a new light through a series of stunning images that marry architecture, environment, and atmosphere. Afzal, 40, uses a combination of landscape and architectural photography, and visual art techniques, to illustrate the city of Dubai as he sees it. “Awareness of the climatic conditions gave birth to a unique editing style and technique to express my visions.”A Pakistani native, Afzal first started making art in 2007. “I gravitated toward the editing aspect since shifting color and contrast values really fascinated me.”Photographer and visual artist Baber Afzal captures Dubai in a unique light in his ethereal images. He believes that technology will play a significant role in the future of the art scene in Dubai.

☆ Iranian drones used by Russia in Ukraine are powered by stolen Western tech, research shows
▼ + stars: | 2023-04-28 | by ( Tim Lister | ) edition.cnn.com time to read: +8 min

Russia wants Iranian drones and ballistic missiles; Iran wants Russian investment and trade. And for the Russians, Iranian drones are a bargain substitute for much more costly missiles, stocks of which are dwindling, according to Western officials. Last October, the head of Ukraine’s Defense Intelligence, Kyrylo Budanov, said Russia had ordered about 1,700 Iranian drones of different types. “These modifications have prevented investigators from identifying the acquisition networks facilitating the international supply of key components into Iran,” CAR says. CARThe revenues from the sale of hundreds of Shahed-136 drones to Russia will likely be reinvested in further improving the industry.

☆ The Queen of Twitch Wonders What Turns Teenage Fans Into Trolls
▼ + stars: | 2023-04-24 | by ( David Marchese | ) www.nytimes.com time to read: +11 min

Mamadi Doumbouya for The New York Times Talk The Queen of Twitch Wonders What Turns Teenage Fans Into TrollsImane Anys has experienced a turbocharged version of the ostensibly good and indisputably awful that can come with being a star in the world of online content creators. Honestly, there are people in the streaming industry who don’t find misogyny deplorable, who don’t think it’s a big deal, who don’t think deepfaking should be punishable in any way. For me, it’s been invaluable to have fellow female streamers who know what I’ve gone through, who can validate my feelings. If I have a particular interest in pottery, let me showcase that instead of just focusing on gaming and streaming. Being able to connect with other people who are interested in the same things as you is so validating.

☆ The Saudi crown prince wants to build a trillion-dollar utopia in the desert. His deals with China reveal a darker vision.
▼ + stars: | 2023-04-23 | by ( Tom Porter | ) www.businessinsider.com time to read: +9 min

It's part of Crown Prince Mohammed bin Salman's modernizing vision of the country. But behind the outlandish plan, developed by Saudi Arabia's powerful crown prince Mohammed bin Salman, is a much darker reality. Crown Prince Mohammed appears keen to replicate those projects on a grander scale. Saudi Crown Prince Mohammed Bin Salman announces a zero-carbon city called "The Line" to be built at NEOM in northwestern Saudi Arabia, January 10, 2021. It appeared to be the beginning of a fruitful partnership for Crown Prince Mohammed.

☆ Opinion | It’s Not the End of Work. It’s the End of Boring Work.
▼ + stars: | 2023-04-22 | by ( Louis Hyman | ) www.nytimes.com time to read: +2 min

Despite all the dazzling digital advances, the trillions of dollars spent on computer technology have done almost nothing to make the world a more productive place. The economist Robert Solow, who identified this problem, called it the productivity paradox. In 1987, a decade into the computer revolution, he observed that productivity growth had actually slowed down. The digital era has made a lot of everyday work more complicated and less efficient than it was 30 years ago. A steam engine, for example, would have been no use to textile manufacturing if textile workers had remained a scattered network of independent farmers, as opposed to a group of employees gathered under a single factory roof.

☆ Bill Gates says A.I. chatbots will teach kids to read within 18 months: You'll be 'stunned by how it helps'
▼ + stars: | 2023-04-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

That's according to billionaire Microsoft co-founder Bill Gates, who says AI chatbots are on track to help children learn to read and hone their writing skills in 18 months time. AI chatbots, like OpenAI's ChatGPT and Google's Bard, have developed rapidly over the past several months, and can now compete with human-level intelligence on certain standardized tests. But AI chatbots' ability to recognize and recreate human-like language changes that dynamic, proponents say. And AI technology must improve at reading and recreating human language to better motivate students before it can become a viable tutor, Gates said. Gates said he regularly asks Microsoft AI developers why chatbots can't perform relatively simple calculations, or even multiply some numbers.

☆ Russia Mistakenly Bombs Own City, Leaves Huge Crater
▼ + stars: | 2023-04-21 | by ( ) www.wsj.com time to read: 1 min

Artists Worry About Survival as AI Changes the Game for Creative WorkThe threat that technology will replace workers is something more people are grappling with due to the introduction of new tools powered by generative artificial intelligence. Creative workers like artists, writers, and filmmakers are among those raising the loudest alarm. But is their concern warranted? And what impact could AI have on the future workforce? Join us for the third episode of our series “Artificially Minded” with host Zoe Thomas.

☆ SpaceX Starship Launch Engulfs Car in ‘Rapid Unscheduled Flying Debris’
▼ + stars: | 2023-04-21 | by ( ) www.wsj.com time to read: 1 min

☆ Yellen: Biden’s China Policy to Prioritize National Security Over Economy
▼ + stars: | 2023-04-20 | by ( ) www.wsj.com time to read: 1 min

☆ ‘She Had Hopes and Dreams’: Mistakes Lead to Gunfire in Separate Shootings
▼ + stars: | 2023-04-20 | by ( ) www.wsj.com time to read: 1 min

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