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OpenAI Hits the Panic Button

gizmodo.com Luc Olinga 2025-08-13 06:59:46

This week, the world’s most important artificial intelligence company was closed. OpenAI gave its entire staff a week off to “recharge,” a seemingly generous perk for a workforce relentlessly pushing toward building a world-changing technology. But this was not a wellness initiative. It was a strategic retreat in the middle of a brutal, high-stakes war for talent that is now threatening to shatter the company’s carefully crafted identity. The enemy is Meta Platforms, the social media empire th

Topics: ai company meta openai people

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Tariff Impacts Are Real: These 13 Companies Have Confirmed Price Hikes

cnet.com See Full Bio 2025-08-13 04:00:00

Higher prices for a lot of popular products seem inevitable on our current trajectory. James Martin/CNET In many cases and for many products in the US, the biggest impacts of President Donald Trump's aggressive tariff plans haven't hit yet -- but they could soon, unless the 90-day pause on some rates is extended. Still, numerous companies have already hiked prices or said that they'll increase in the near-future -- including, most recently, a popular and CNET-approved brand of smart lights. Th

Topics: company hikes price prices tariffs

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OpenAI Warns You Not to Buy Its Fake Stock

gizmodo.com Luc Olinga 2025-08-13 00:55:34

OpenAI has a message for anyone who thinks they’re about to cash in on the AI boom by buying a new “OpenAI token” on Robinhood: Don’t. But in a chaotic turn, Elon Musk just suggested that even the company’s real equity might be an illusion. The maker of ChatGPT, in a rare public warning posted on X (formerly Twitter), disavowed any involvement with crypto-like financial products claiming to offer a piece of its business. “These ‘OpenAI tokens’ are not OpenAI equity,” the company wrote. “We did

Topics: company equity openai robinhood tokens

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Microsoft layoffs hit 830 workers in home state of Washington

cnbc.com Jordan Novet 2025-08-13 09:42:39

Microsoft CEO Satya Nadella speaks at the Axel Springer building in Berlin on Oct. 17, 2023. He received the annual Axel Springer Award. Among the thousands of Microsoft employees who lost their jobs in the cutbacks announced this week were 830 staffers in the company's home state of Washington. Nearly a dozen game design workers in the state were part of the layoffs, along with three audio designers, two mechanical engineers, one optical engineer and one lab technician, according to a documen

Topics: based company microsoft sales washington

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Trump Expects Paramount to Run Conservative PSAs Following Hush Money Payments

gizmodo.com Aj Dellinger 2025-08-13 19:25:27

Paramount is learning the hard way why you don’t simply acquiesce to bullies. Earlier this week, the company came to a preliminary settlement agreement with Donald Trump in a case where the President accused the company of deceptively editing a “60 Minutes” interview with Kamala Harris in 2024. That settlement (which has been described by some as “bribery” with intent to get Trump to green light Paramount’s attempted merger with Skydance Media) pays Trump $16 million. Trump’s legal team also cl

Topics: company paramount settlement skydance trump

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Experts Say the Actual Value of Tesla's Stock Is a Ticking Time Bomb

futurism.com Unknown 2025-08-14 00:23:55

If a recent rally in the company's share price is any indication, investors are buying Tesla CEO Elon Musk's vision of leaning into autonomous driving and a robotaxi service. The company's shares rose almost four percent on Wednesday, despite the company revealing that it had sold 14 percent fewer cars in Q2 of this year compared to the same period last year, the biggest drop in Tesla's history. Analysts were forecasting an even worse performance, indicating there's still plenty of enthusiasm.

Topics: company musk robotaxi service tesla

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Owning a Piece of ChatGPT Was Already Messy. Then Elon Musk Made It Weirder

gizmodo.com Luc Olinga 2025-08-14 01:55:34

OpenAI has a message for anyone who thinks they’re about to cash in on the AI boom by buying a new “OpenAI token” on Robinhood: Don’t. But in a chaotic turn, Elon Musk just suggested that even the company’s real equity might be an illusion. The maker of ChatGPT, in a rare public warning posted on X (formerly Twitter), disavowed any involvement with crypto-like financial products claiming to offer a piece of its business. “These ‘OpenAI tokens’ are not OpenAI equity,” the company wrote. “We did

Topics: company equity openai robinhood tokens

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Anthem is officially shutting down on January 12

engadget.com Unknown 2025-08-14 05:52:36

EA says there were no layoffs associated with this decision. EA's beleaguered online shooter Anthem is shutting down for good on January 12, 2026 . The game will be removed from the company's storefront ahead of that on August 15. It'll be available for download after that date so long as it's already in your library. Some aspects of the game have already begun winding down. Players can no longer purchase premium in-game currency as of today, though they can still use existing balances to buy

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Meta has found another way to keep you engaged: Chatbots that message you first

techcrunch.com Rebecca Bellan 2025-08-14 13:34:22

Imagine you’re messaging some friends on the Facebook Messenger app or WhatsApp, and you get an unsolicited message from an AI chatbot that’s obsessed with films. “I hope you’re having a harmonious day!” it writes. “I wanted to check in and see if you’ve discovered any new favorite soundtracks or composers recently. Or perhaps you’d like some recommendations for your next movie night? Let me know, and I’ll be happy to help!” That’s a real example of what a sample AI persona named “The Maestro

Topics: ai chatbots company meta techcrunch

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IdeaLab confirms data stolen in ransomware attack last year

bleepingcomputer.com Unknown 2025-08-14 17:14:56

IdeaLab is notifying individuals impacted by a data breach incident last October when hackers accessed sensitive information. Although the organization does not describe the type of attack, the Hunters International ransomware group has claimed the breach and leaked the stolen data on the dark web. IdeaLab is a California-based technology startup incubator that since 1996 has launched over 150 companies, including GoTo.com, CitySeach, eToys, Authy, Pet.net, Heliogen, and Energy Vault. Being o

Topics: company data hunters idealab october

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Pinwheel introduces a smartwatch for kids that includes an AI chatbot

techcrunch.com Lauren Forristal 2025-08-14 17:27:20

As a parent, it can be daunting to hand over a smart device to their tween when a myriad of online dangers exist. Pinwheel, a kid-friendly tech company, is introducing a new solution for parents who want to stay connected with their children without giving them a phone. The Pinwheel Watch is a recently launched smartwatch designed specifically for kids aged 7 to 14, offering a child-safe alternative that prevents access to social media and the internet. It features parental management tools, GP

Topics: ai company kids parents pinwheel

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Tripadvisor stock surges 17% as Starboard Value builds sizable stake in online travel company

cnbc.com Samantha Subin 2025-08-14 21:45:06

Tripadvisor stock jumped 17% Thursday after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing. The position was valued at about $160 million as of Wednesday's close. Tripadvisor shares have been flat since the start of the year after plummeting more than 30% in 2024. Last year, the travel review and booking company said it created a special committee to explore potential options.

Topics: according company travel tripadvisor year

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Tripadvisor stock surges 10% as Starboard Value builds sizable stake in online travel company

cnbc.com Samantha Subin 2025-08-15 01:53:31

Tripadvisor stock jumped 10% Thursday after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing. The position was valued at about $160 million as of Wednesday's close. Tripadvisor shares have been flat since the start of the year after plummeting more than 30% in 2024. Last year, the travel review and booking company said it created a special committee to explore potential options.

Topics: according company travel tripadvisor year

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The Download: AI agents hype, and Google’s electricity plans

technologyreview.com Rhiannon Williams 2025-08-15 05:10:00

—Yoav Shoham is a professor emeritus at Stanford University and cofounder of AI21 Labs. At Google’s I/O 2025 event in May, the company showed off a digital assistant that didn’t just answer questions; it helped work on a bicycle repair by finding a matching user manual, locating a YouTube tutorial, and even calling a local store to ask about a part, all with minimal human nudging. Such capabilities could soon extend far outside the Google ecosystem. The vision is exciting: Intelligent softwa

Topics: ai company energy google power

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Google’s electricity demand is skyrocketing

technologyreview.com Casey Crownhart 2025-08-15 13:00:00

Let’s start with fusion: Google’s deal with Commonwealth Fusion Systems is intended to provide the tech giant with 200 megawatts of power. This will come from Commonwealth’s first commercial plant, a facility planned for Virginia that the company refers to as the Arc power plant. The agreement represents half its capacity. What’s important to note here is that this power plant doesn’t exist yet. In fact, Commonwealth still needs to get its Sparc demonstration reactor, located outside Boston, up

Topics: company fusion google plant power

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Microsoft Is Firing About 9,000 People Because Business Is Great

gizmodo.com Luc Olinga 2025-08-15 03:54:49

Microsoft is laying off thousands of employees, even as its profits and stock price hit historic highs. For many worried about the future of work in the age of artificial intelligence, the message is chilling: performance and profitability are no longer protections against the axe. The software giant, which is playing a central role in the generative AI boom, confirmed to Gizmodo on Wednesday that it is undergoing another major round of layoffs. While Microsoft did not provide an exact figure,

Topics: ai company cuts microsoft percent

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AI voice startup ElevenLabs pushes global expansion as it gears up for an IPO

cnbc.com Ryan Browne 2025-08-15 13:16:14

Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI. LONDON — ElevenLabs, a London-based startup that specializes in generating synthetic voices through artificial intelligence, has revealed plans to be IPO-ready within five years. The company told CNBC it is targeting major global expansion as it prepares for an initial public offering. "We expect to build more hubs in Europe, Asia and South America, and just k

Topics: company elevenlabs ipo london ready

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Microsoft Just Fired About 9,000 People While Making Billions

gizmodo.com Luc Olinga 2025-08-15 13:54:49

Microsoft is laying off thousands of employees, even as its profits and stock price hit historic highs. For many worried about the future of work in the age of artificial intelligence, the message is chilling: performance and profitability are no longer protections against the axe. The software giant, which is playing a central role in the generative AI boom, confirmed to Gizmodo on Wednesday that it is undergoing another major round of layoffs. While Microsoft did not provide an exact figure,

Topics: ai company cuts microsoft percent

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Tesla’s Numbers Are In, and They’re Not Good

gizmodo.com Luc Olinga 2025-08-15 14:10:56

Tesla’s struggles continue as the company reports another drop in vehicle deliveries, deepening concerns that its image problem, especially in Europe, is weighing heavily on consumer demand. In the second quarter of 2025, the electric vehicle giant delivered 443,956 vehicles, a 13.5 percent decline from the same period in 2024. Deliveries are Tesla’s key sales metric and are closely watched by investors and analysts alike. Nearly all of those deliveries — 97.3 percent — were for the company’s t

Topics: company deliveries musk tesla vehicles

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Microsoft to cut up to 9,000 jobs as it invests in AI

feeds.bbci.co.uk Unknown 2025-08-15 17:49:18

Microsoft to cut up to 9,000 jobs as it invests in AI Microsoft has confirmed that it will lay-off as many as 9,000 workers, in the tech giant's latest wave of job cuts this year. The company said several divisions would be affected without specifying which ones but reports suggest that its Xbox video gaming unit will be hit. Microsoft has set out plans to invest heavily in artificial intelligence (AI), and is spending $80bn (£68.6bn) in huge datacenters to train AI models A spokesperson for

Topics: 000 80bn ai company microsoft

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Xbox hit hard with layoffs: from canceled games to a shuttered studio

theverge.com Verge Staff 2025-08-15 19:36:32

On July 2nd, Microsoft announced sweeping layoffs affecting as many as 9,000 employees, and they had a big impact on the company’s Xbox studios. Microsoft canceled Perfect Dark from The Initiative and closed the studio. Rare’s Everwild, announced in 2019, was canceled, too. And Forza Motorsport developer Turn 10 Studios will lose more than 70 employees. “We must make choices now for continued success in future years and a key part of that strategy is the discipline to prioritize the strongest o

Topics: company employees microsoft spencer xbox

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Lucid sales inch forward as EV maker pushes to ramp Gravity production

techcrunch.com Kirsten Korosec 2025-08-16 01:47:08

Lucid delivered 3,309 vehicles in the second quarter, a 6% increase in sales from the previous period and a new sales record for the EV maker. Lucid also reported it produced 3,863 vehicles in the second quarter, nearly 1,000 more than it made in the previous period. Lucid produced 2,212 vehicles in the first quarter and shipped another 600 additional vehicles to Saudi Arabia for final assembly. The delivery and accompanying production figures show Lucid has maintained — and even made some pro

Topics: company lucid production quarter vehicles

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OpenAI says Robinhood's tokens aren't equity in the company

cnbc.com Mackenzie Sigalos 2025-08-16 05:47:26

OpenAI is distancing itself from Robinhood 's latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe. "These 'OpenAI tokens' are not OpenAI equity," OpenAI wrote on X. "We did not partner with Robinhood, were not involved in this, and do not endorse it." The company said that "any transfer of OpenAI equity requires our approval — we did not approve any transfer," and warned users to "please be careful." Robinhood announced the lau

Topics: company did new openai robinhood

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DOJ investigates ex-ransomware negotiator over extortion kickbacks

bleepingcomputer.com Unknown 2025-08-16 04:14:41

An ex-ransomware negotiator is under criminal investigation by the Department of Justice for allegedly working with ransomware gangs to profit from extortion payment deals. The suspect is a former employee of DigitalMint, a Chicago-based incident response and digital asset services company that specializes in ransomware negotiation and facilitating cryptocurrency payments to receive a decryptor or prevent stolen data from being publicly released. The company claims to have conducted over 2,000

Topics: bleepingcomputer company digitalmint investigation ransomware

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Xbox hit hard with layoffs: from cancelled games to a shuttered studio

theverge.com Verge Staff 2025-08-16 05:36:32

On July 2nd, Microsoft announced sweeping layoffs affecting as many as 9,000 employees, and they had a big impact on the company’s Xbox studios. Microsoft cancelled Perfect Dark from The Initiative and closed the studio. Rare’s Everwild, announced in 2019, was cancelled, too. And Forza Motorsport developer Turn 10 Studios will lose more than 70 employees. “We must make choices now for continued success in future years and a key part of that strategy is the discipline to prioritize the strongest

Topics: company employees microsoft spencer xbox

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Amazon's Andy Jassy says AI will take some jobs but make others more 'interesting'

zdnet.com Webb Wright 2025-08-16 09:04:00

Bloomberg/Getty Images The adoption of artificial intelligence systems throughout the business sector will lead to "fewer people doing some of the jobs" that become automated, Amazon president and CEO Andy Jassy said in an interview with CNBC's Jim Cramer this week. Jassy's understated comments about the future impacts of automation upon the job market were also optimistic: While he concedes that some people will be replaced by AI, the technology will simultaneously "make all of our jobs more

Topics: agents ai company jassy jobs

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Xbox Hit With Layoffs and Game Cancellations as Microsoft Cuts 9,000 Jobs

wired.com Megan Farokhmanesh 2025-08-16 12:33:29

Major layoffs are rolling across Microsoft today, impacting game developers within Xbox across several studios and the projects they’re working on, even as an executive at the company told staff more gamers are playing Xbox than ever before. According to The Seattle Times, 9,000 employees, or 4 percent of Microsoft’s workforce, are affected by the cuts, which started Wednesday morning. The full scope of layoffs within Microsoft’s gaming divisions are still unknown. “We continue to implement or

Topics: company game gaming layoffs microsoft

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US judge rules Huawei must answer criminal charges about alleged Iran deal

engadget.com Unknown 2025-08-16 16:15:53

A US judge has ruled that Huawei must stand trial following a 16-count indictment from 2019 accusing the Chinese telecommunications company of trying to steal trade secrets from its US rivals and selling surveillance equipment to Iran despite trade sanctions, according to a report by Reuters . A trial is currently set for May 4, 2026. US District Judge Ann Donnelly found sufficient evidence in the indictment to refute the company's bid for dismissal. In a 52-page decision, the Brooklyn judge ru

Topics: alleged company huawei indictment iran

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Xbox Hit With Layoffs and Game Cancelations as Microsoft Cuts 9,000 Jobs

wired.com Megan Farokhmanesh 2025-08-16 17:33:29

Major layoffs are rolling across Microsoft today, impacting game developers within Xbox across several studios and the projects they’re working on, even as an executive at the company told staff more gamers are playing Xbox than ever before. According to The Seattle Times, 9,000 employees, or 4 percent of Microsoft’s workforce, are affected by the cuts, which started Wednesday morning. The full scope of layoffs within Microsoft’s gaming divisions are still unknown. “We continue to implement or

Topics: company game gaming layoffs microsoft

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Tesla Gets Dismal Sales News After Disastrous Robotaxi Launch

futurism.com Unknown 2025-08-17 01:07:51

Tesla has posted its second quarter delivery numbers — and they're not looking good. As the New York Times reports, the company reported it had delivered just 384,000 vehicles between April and June, a massive drop from 444,000 vehicles over the same period last year. Meanwhile, CEO Elon Musk has focused his carmaker's resources on developing a robotaxi network of fully autonomous vehicles. However, given a disastrous launch filled with near-collisions, bizarre driving behavior, and human "saf

Topics: autonomous company launch percent tesla

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Latest Tech News

OpenAI Hits the Panic Button

Tariff Impacts Are Real: These 13 Companies Have Confirmed Price Hikes

OpenAI Warns You Not to Buy Its Fake Stock

Microsoft layoffs hit 830 workers in home state of Washington

Trump Expects Paramount to Run Conservative PSAs Following Hush Money Payments

Experts Say the Actual Value of Tesla's Stock Is a Ticking Time Bomb

Owning a Piece of ChatGPT Was Already Messy. Then Elon Musk Made It Weirder

Anthem is officially shutting down on January 12

Meta has found another way to keep you engaged: Chatbots that message you first

IdeaLab confirms data stolen in ransomware attack last year

Pinwheel introduces a smartwatch for kids that includes an AI chatbot

Tripadvisor stock surges 17% as Starboard Value builds sizable stake in online travel company

Tripadvisor stock surges 10% as Starboard Value builds sizable stake in online travel company

The Download: AI agents hype, and Google’s electricity plans

Google’s electricity demand is skyrocketing

Microsoft Is Firing About 9,000 People Because Business Is Great

AI voice startup ElevenLabs pushes global expansion as it gears up for an IPO

Microsoft Just Fired About 9,000 People While Making Billions

Tesla’s Numbers Are In, and They’re Not Good

Microsoft to cut up to 9,000 jobs as it invests in AI

Xbox hit hard with layoffs: from canceled games to a shuttered studio

Lucid sales inch forward as EV maker pushes to ramp Gravity production

OpenAI says Robinhood's tokens aren't equity in the company

DOJ investigates ex-ransomware negotiator over extortion kickbacks

Xbox hit hard with layoffs: from cancelled games to a shuttered studio

Amazon's Andy Jassy says AI will take some jobs but make others more 'interesting'

Xbox Hit With Layoffs and Game Cancellations as Microsoft Cuts 9,000 Jobs

US judge rules Huawei must answer criminal charges about alleged Iran deal

Xbox Hit With Layoffs and Game Cancelations as Microsoft Cuts 9,000 Jobs

Tesla Gets Dismal Sales News After Disastrous Robotaxi Launch

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