Technology - CybAI news

18 Aug

Juice Spacecraft to Pass Earth En Route to Jupiter

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The European Space Agency's Juice craft will return to Earth on Monday night, taking part in a "world first" fly-by.Flight controllers from Esa will guide the Jupiter Icy Moons Explorer (Juice), with UK instruments on board, past the Moon and then Earth. Source link lol

17 Aug

Musk Vows to Close X’s Brazil Operations, Will Maintain Service

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Elon Musk’s X is closing its operations in Brazil while keeping the service available in the country, according to posts Saturday from the social-media platform. The announcement marks the latest step in a showdown between the world’s richest man and Brazil’s Supreme Court Justice Alexandre de Moraes, who is spearheading efforts to combat fake news and hate speech in Latin America’s largest economy. Source link lol

17 Aug

Real Estate Agent Commissions Are Changing. Here’s How It’ll Work

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Real estate agents and US housing experts have had the date circled on their calendars for months: Aug. 17, when the terms of a class-action settlement over industry compensation practices will take effect.The changes laid out in the agreement are technical, revolving around paperwork consumers complete at the beginning of the buying or selling process, and they add new wrinkles to an already complicated undertaking. Agents currently command a 5% or 6% fee that gets divvied up between both sides, but the rules are poised to shift power away from them, and drive down commissions over time. Source link lol

17 Aug

Ericsson Reaches $1 Billion Deal to Sell US Firm to Koch Unit

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Swedish telecom-equipment maker Ericsson AB reached a $1 billion deal to sell its US call-routing business Iconectiv to a private investment arm of Koch Industries Inc.Ericsson expects to get about 10.6 billion kronor ($1 billion) in cash after taxes, transaction expenses and other liabilities as part of the takeover by Koch Equity Development, the company said in a statement late Friday. The deal is expected to close in the first half of 2025 and result in one-time earnings of about 8.8 billion kronor. Source link lol

17 Aug

Asia’s Utility Stocks Have Never Had It So Good in Two Decades

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Utilities stocks have emerged as an unlikely favorite of investors in Asia, and bets are growing that their standout rally this year has further to go.Powering the sector’s boom after two years of losses are supportive local policies and the frenzy surrounding artificial intelligence, which is causing a dramatic increase in electricity demand in many parts of the world. As concerns grow about a potential global economic slowdown and rising geopolitical tensions, utilities firms’ high dividend payouts and the defensive nature of their stocks are also being touted as tailwinds. Source link lol

16 Aug

Uber Raised to Investment-Grade by S&P on Earnings Growth

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S&P Global Ratings upgraded Uber Technologies Inc.’s credit ratings to investment-grade status on Friday, citing the ride-hailing and food-delivery company’s consistent earnings growth.Uber’s main bond ratings were upgraded to BBB-, the lowest investment-grade level, from BB+, the highest junk grade, S&P said in a statementBloomberg Terminal. Investment-grade credit ratings can translate to lower borrowing costs for a company, because a wider array of investors are eligible to buy high-grade securities. Source link lol

16 Aug

Amazon’s Payment Delay Warning Stirs Panic Among Flex Drivers

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Amazon.com Inc. warned Flex drivers who deliver packages in their own vehicles that payments they were supposed to receive Thursday “may be delayed,” according to correspondence reviewed by Bloomberg, stirring panic among drivers who are used to prompt payment after completing a route.The Amazon message doesn’t explain the problem or say when it could be resolved, adding to the concerns. Source link lol

16 Aug

OpenAI Shuts Down Iranian Influence Operation Targeting US Election

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OpenAI removed a network of Iranian accounts that used its ChatGPT chatbot to try to wage a foreign influence campaign targeting the US presidential election by generating longform articles and social media comments, the company said Friday. The accounts created content that appeared to be from liberal and conservative-leaning users, including posts suggesting that former President Donald Trump was being censored on social media and was prepared to declare himself king of the US. Another described Vice President Kamala Harris’ selection of Tim Walz for her running mate as a “calculated choice for unity.” Source link lol

16 Aug

Fox-Disney Sports Service Blocked by Judge in Win for Fubo TV

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Fox Corp., Warner Bros. Discovery Inc. and Walt Disney Co. were blocked by a judge from launching their streaming sports service one week before its rollout, taking a blow from their smaller rival FuboTV Inc.US District Judge Margaret Garnett on Friday issued a preliminary injunction blocking the $42.99-a-month service, Venu Sports, from going forward while Fubo’s lawsuit against the three companies proceeds. Source link lol

16 Aug

Big Tech Wipeout Turns to Dip-Buyer Bounty as Stocks Surge Back

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It looked like a reckoning was arriving on August 5, when the Nasdaq 100 tumbled over 5% in the seconds after the opening bell, validating fears that a tech bubble was about to burst. Barely just two weeks and a few rounds of reassuring data later, virtually all those worries are being swiftly swept aside. Source link lol