ai appreciation day AI Appreciation Day Highlights Deep Divide Between Business Enthusiasm and Consumer Skepticism As July 16 marks AI Appreciation Day, public reaction reveals a sharp split between corporate excitement and consumer reluctance. Most people remain neutral or skeptical, especially regarding AI in customer service roles.
tsmc TSMC Reports Higher Profits Amid Relentless Global Chip Shortage TSMC surpasses profit expectations as the global semiconductor shortage continues to drive massive demand. The chipmaker's strong performance highlights the ongoing supply chain struggles facing industries worldwide.
tech industry Tech Industry Leads Rapid Pandemic Response and Adaptation Tech companies recognize and react to the coronavirus threat long before the general public and government officials. Now, the industry continues to pioneer long-term workplace changes as the pandemic persists.
google Prominent AI Ethicist Timnit Gebru Reports Abrupt Firing From Google Renowned artificial intelligence researcher Timnit Gebru states that Google abruptly terminates her employment after she questions the company's demand to retract a research paper. The incident sparks widespread criticism from tech workers regarding Google's commitment to diversity and ethical AI.
openai OpenAI CEO Warns Against Excessive GPT-3 Hype OpenAI's massive 175 billion parameter GPT-3 model generates widespread excitement with creative writing and coding capabilities. However, the company's own CEO cautions that public enthusiasm greatly outpaces the technology's actual capabilities.
hong kong Hong Kong's New Security Law Brings Uncertainty to Tech Sector Hong Kong's newly enacted national security law creates a chilling effect for the local tech industry as entrepreneurs and investors face vague rules and potential data control challenges.
apple watch Apple Watch Outsells Entire Swiss Watch Industry in 2019 New estimates show Apple shipped nearly 31 million watches last year, significantly surpassing the 21.1 million units shipped by the entire traditional Swiss watch industry.
sony Sony Delays PlayStation 5 Event Amid National Protests Sony postpones its upcoming PS5 games showcase, stating that now is a time to allow more important voices to be heard rather than celebrate a product launch.
microsoft Microsoft Confirms Two COVID-19 Cases in Washington State Two Microsoft employees in the Puget Sound region test positive for COVID-19, prompting the company to urge staff to work remotely until late March.
facebook Facebook Plans Permanent Remote Work for Half Its Workforce Facebook CEO Mark Zuckerberg announces that up to half of the company's employees will work remotely within the next decade. The tech giant plans to aggressively hire remote workers to boost recruitment and diversity.
facebook Facebook Plans Shift to Half Remote Workforce Within a Decade Facebook CEO Mark Zuckerberg announces a major push toward remote work, predicting half of employees will work from home within ten years. The company plans to adjust salaries based on location while expanding hiring outside major tech hubs.
coronavirus US Suspends Travel From Europe's Schengen Area Over Coronavirus Pandemic The US government implements a 30-day travel suspension for foreign nationals who recently visit Europe's Schengen Area amid the COVID-19 outbreak. The restriction does not apply to US permanent residents and does not halt trade or cargo.
startups Majority of Startups Face Severe Cash Shortages Amid Pandemic Layoffs A global survey reveals that nearly three-quarters of startups have reduced staff due to COVID-19, while 65% possess less than six months of operating cash. Venture capital funding drops significantly, leaving most young companies in a desperate fight for survival.
lyft Lyft Cuts Nearly 1,000 Jobs and Furloughs Hundreds Amid Pandemic Lyft reduces its workforce by 17 percent, laying off 982 employees and furloughing 288 more as the COVID-19 pandemic devastates the ride-hailing industry. The company also implements widespread salary cuts for executives and staff to manage the financial fallout.
airbnb Airbnb Cuts Contractors and Cancels Summer Internships Amid Pandemic Airbnb ends contracts for contingent workers and delays undergraduate hiring as the COVID-19 crisis disrupts the tech industry. Affected interns now face a sudden, highly competitive search for replacement opportunities.