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The tariffs planned by President Donald Trump on Friday touched off a feverish bout of activity among trade partners as key details remained unclear and nations didn’t know the taxes their goods could face — keeping an element of surprise to an event long hyped by the U.S. leader. Just hours before the deadline, Trump … Read more
Ebay turns 30 this September and the company is showing some signs that it’s starting to turn back the clock. The auction giant’s stock surged more than 19% on Thursday to an all-time high of $92 a share on the back of revenue growth and earnings that both surpassed analyst expectations, and an outlook that … Read more
Figma, the design software company led by CEO and cofounder Dylan Field, saw its stock price more than triple in a stunning debut on the New York Stock Exchange on Thursday. Shares of Figma were trading as high as $107 within minutes after it began trading under the ticker FIG. The company and its early … Read more
Welcome to Eye on AI. AI reporter Sharon Goldman here for the Thursday newsletter! In this edition…back-to-school with ChatGPT’s new Study Mode…Microsoft signs on to EU’s AI Code of Practice, but Meta has declined…OpenAI launches Stargate Norway, its first AI data center initiative in Europe…AI researchers are approaching the job market like NBA stars. This … Read more
On Thursday, Securities and Exchange Commission chair Paul Atkins delivered an address signaling a new era for the top regulator. After the SEC spent years combating the blockchain industry through enforcement actions, the newly appointed Atkins announced an initiative dubbed “Project Crypto” that will turn the U.S. into the “crypto capital of the world.” Atkins’ … Read more
TikTok and Instagram are reportedly working on apps designed for television viewing. The move follows the success of YouTube’s TV app. At present, however, neither social network is reportedly courting a partnership with broadcasters. While streaming services are seeing more customer churn lately due to escalating prices, two of the biggest names in social media … Read more
As companies like Amazon publicly announced AI-driven workforce reductions, workers are scrambling to understand which careers might soon disappear and be outsourced to technology. A new report from Microsoft researchers studying the occupational implications of generative AI, offers some clarity. Translators, historians, and writers are among the roles with the highest AI applicability score, meaning … Read more
Jonathan Levin comes across as an Oxford scholar with his beard, spectacles, and plummy English accent. And indeed that’s what he was when the conversation in the pub one night turned to Bitcoin and, before long, drew him into a world of cops, hit men, and a global web of cybercrime. Today, Levin is the … Read more
Microsoft has listed the jobs least likely to be impacted by artificial intelligence. Healthcare and blue collar jobs are the safest, while those in the communication field are most at risk. For all the doomsaying about the effect of artificial intelligence on the job market, there are some positions that are, for now at least, … Read more
Mark Zuckerberg has published his AI manifesto, making a case for a type of “personal superintelligence” that people can use to achieve their individual goals. In a new blog post, the Meta CEO said he wanted to build a personalized AI that helps you “achieve your goals, create what you want to see in the … Read more
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