new york - CybAI news

12 Aug

Trump Returns to X With Several Posts Ahead of Musk Interview

stp2y0 CommentsRAG modelsAmericas, Atlanta, Donald John Trump, Elon Reeve Musk, new york, politics, Social Network, Technology, TWITTER INC, United States

Former President Donald Trump posted several times on X, the social network formerly known as Twitter, after more than three years of virtual silence on the platform as he gears up for an interview with owner Elon Musk. Trump, who posted on Twitter at all hours during his presidency, was banned for life from the network following his role in encouraging rioters at the US Capitol on Jan. 6, 2021. After Musk purchased Twitter in late 2022, later renaming it X, he reinstated Trump’s account. But the former president had posted just once since then — a photo of his…

09 Aug

Expedia Warns of Soft Demand Even as It Posts an Earnings Beat

stp2y0 CommentsRAG modelsAIRBNB INC-CLASS A, BOOKING HOLDINGS INC, Consumer Confidence, Earnings, Executives, EXPEDIA GROUP INC, Julie P Whalen, new york, Technology, travel, Wall Street

Expedia Group Inc. posted better-than-expected second-quarter results while warning of “softening” travel demand in the current quarter, leading it to adjust its expectations for the rest of the year. Gross bookings across Expedia’s platforms, which include flight reservations, hotel stays, car rentals activities and vacation rentals, increased 6% to $28.8 billion in the three months ended June 30, the company said Thursday in a statementBloomberg Terminal. Wall Street was expecting $28.6 billion, according to data compiled by Bloomberg. Source link lol

09 Aug

Cisco to Cut Thousands of Jobs in New Layoff Round, Reuters Says

stp2y0 CommentsRAG modelsartificial intelligence, CISCO SYSTEMS INC, cybersecurity, future of work, infrastructure, jobs, new york, Technology, United States, Utilities

Cisco Systems Inc. plans to cut thousands more jobsBloomberg Terminal in a second round of layoffs this year, Reuters reported, as the networking equipment maker shifts its focus to faster-growing businesses such as cybersecurity and artificial intelligence.The news comes on top of the approximately 4,000 jobs the company announced in February that it would eliminate, after a slowdown in corporate tech spending wiped out its sales growth. Source link lol

09 Aug

With US Chips Act Money Mostly Divvied Up, the Real Test Begins

stp2y0 CommentsRAG modelsbusiness, construction, INTEL CORP, joe biden, labor, MICRON TECHNOLOGY INC, new york, Ohio, Pat Gelsinger, SAMSUNG ELECTRONICS CO LTD, Technology, Washington

The Biden administration is nearly finished divvying up $39 billion in grants under the Chips and Science Act, the landmark bipartisan legislation aimed at revitalizing the domestic semiconductor industry. The bigger test still lies ahead.The Chips Act, enacted two years ago Friday, is the nation’s most audacious foray into industrial policy since World War II. It’s essentially a bet that four companies — Intel Corp., Micron Technology Inc., Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. — can bring sophisticated chip production back to the US. In a sign of the ambition, one explicit goal is making a fifth of…

07 Aug

Nextdoor Projects Improved Revenue Growth Amid Product Overhaul

stp2y0 CommentsRAG modelsadvertising, artificial intelligence, Culture, Earnings, new york, NEXTDOOR HOLDINGS INC, Nirav Tolia, Social Network, Taxes, Technology, United States

Nextdoor Holdings Inc. reported second-quarter revenue that beat analysts’ estimates and projected stronger-than-expected sales growth, pointing to improvements in the company’s advertising technology as a key driver of sales. Chief Executive Officer Nirav Tolia also announced plans for a “complete transformation” of Nextdoor’s core social network to increase usage and turn the neighborhood-focused platform into a service that people are drawn toward daily, not just for key life moments. Source link lol

07 Aug

As Airbnb Shares Plunge, CEO Says ‘It’s a Good Time to Buy’

stp2y0 CommentsRAG modelsAIRBNB INC-CLASS A, Americas, Brian Joseph Chesky, Consumer Discretionary, Earnings, iphone, new york, Technology, TWITTER INC, Wall Street, Well Spent

Airbnb Inc. Chief Executive Officer Brian Chesky’s response to his company’s disappointing outlook and an ensuing share-price plunge: “I’m confident it’s a good time to buy.” Source link lol

07 Aug

Micron Resumes Buybacks That Had Been Suspended Amid Downturn

stp2y0 CommentsRAG modelsartificial intelligence, Credit Rating, Earnings, hardware, Manish Bhatia, Markets, MICRON TECHNOLOGY INC, new york, NVIDIA CORP, Technology, Utilities

Micron Technology Inc. is resuming a stock buyback program that it had suspended nearly two years ago during an industry downturn. Shares gained on the news. The largest US maker of computer memory chips sells a vital component of artificial intelligence hardware — high-bandwidth memory — that works with processors from Nvidia Corp. to crunch data. While its earnings forecast last month failed to impress investors, the company has been hailed as one of the biggest potential beneficiaries of the generative AI boom. Source link lol

07 Aug

Disney Tops Views With First Streaming Profit; Parks Disappoint

stp2y0 CommentsRAG modelschina, COMCAST CORP-CLASS A, Earnings, Hugh Johnston, JULY SARL/CAEN, Markets, new york, Paris, pursuits, Technology, travel, Wall Street, WALT DISNEY CO/THE

Walt Disney Co. gave a mixed picture as it reported third-quarter results on Wednesday, with weakness at its famed theme parks offsetting its first-ever profit in streaming. Disney’s US theme parks, which were buffeted by rising costs and tepid demand, missed Wall Street estimates for sales and profit. The company said its Disneyland Paris park suffered from a reduction in summer travel due to the Olympics, and noted some “cyclical softening in China.” Source link lol

04 Jun

New York is about to give parents more control over their kids’ social media feeds

stp2y0 CommentsNewsalgorithm, gear, new york, news

New York is poised to pass a law that will bar social media platforms from showing algorithmic feeds to teens without parental consent. The Wall Street Journal that lawmakers in the state have reached a “tentative agreement” on a bill that will be voted on later this week.State officials, including Governor Kathy Hochul, introduced a bill requiring parental consent for algorithmic feeds The Stop Addictive Feeds Exploitation (SAFE) for Kids Act doesn’t restrict the type of content teens can view on social media apps, but they wouldn’t be able to view algorithmic feeds without permission from their parents or guardians.…

24 May

We Stood on Both Sides of the New York–Dublin Portal and It Was Glorious

stp2y0 CommentsRAG modelsdublin, internet culture, new york, travel, video

Amanda: I got to the Portal in Manhattan’s Flatiron District a little before 11 am New York time, and found that there’s now a fence keeping people several feet away from it (but the same isn’t happening in Dublin). This is part of the new security the organizers have implemented: If someone steps on the Portal or blocks the camera, the livestream will blur for both sides, organizers say. For the next hour, a steady stream of people stopped by the Portal, with usually about 30 there at any time. They waved, they smiled, they danced YMCA and the Macarena…