A German flying taxi maker canceled plans to transport passengers with its futuristic drones during the Paris Olympics due to delays in certifying its engine, according to the company. Volocopter, a maker of personal aerial vehicles, had been testing flying taxis in the Paris region for several years and lobbied European authorities to allow it … Read more
Google and Meta reportedly struck a secret deal to target minor YouTube users with ads promoting rival Instagram service — breaking the internet search giant’s own ad rules, according to a bombshell report Thursday. The Instagram ad campaign was aimed at YouTube users who were classified as “unknown” in Google’s advertising system and designed to … Read more
The left-leaning advertising cabal accused of conspiring to suppress conservative media reportedly disbanded Thursday — just days after Elon Musk’s X hit the group with a federal antitrust lawsuit. The World Federation of Advertisers, which organized the Global Alliance for Responsible Media initiative, informed its members that GARM was “discontinuing” activities, according to an email … Read more
File this large and expensive piece of wearable technology as a controversial product. More of Humane’s AI pins were returned than purchased between May and August, The Verge reported. The pin retails for between $700 and $800 — plus a $24 monthly subscription for $288 a year. In total, the company reportedly saw $1 million … Read more
Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said. The number of people affected could be similar to or slightly higher than the 4,000 Cisco employees laid off in February, … Read more
The top actuaries for Social Security and Medicare testified before a House panel Thursday about the financial woes of two safety net programs that could see key trust funds run out in about a decade, leaving beneficiaries to face with a benefit reduction if the funding gap is not resolved by Congress. The Trustees for … Read more
Artificial intelligence could make many jobs like cashiers and drivers obsolete – leading to widespread social unrest, according to a senior Wall Street financial executive. Armen Panossian, a co-CEO of Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that AI poses “the greatest risk” because while it “clearly has the potential for very … Read more
Shane O’Farrell had no intention of getting rich by buying and selling Lego – all the 35-year-old from New Jersey was looking for was a connection to his childhood in Ireland, where the modest Fort Legoredo was one of them. favorite toy. Twenty years later, when he saw the kit going for hundreds more than … Read more
Pop stars including Taylor Swift, Adele, Billie Eilish and Elton John will soon have their music played and shared on WhatsApp. Universal Music Group, the world’s largest multinational music group representing the globe’s top recording artists, on Monday reached a multi-year licensing agreement with Mark Zuckerberg’s Meta Platforms. The deal is an expansion of a … Read more
Waymo’s autonomous robotaxis has turned into a nightmare for San Francisco residents — with their sleep interrupted by the sound of vehicle horns for an hour before dawn. Sophia Tung, a software engineer who lives above a parking lot for driverless taxis, hit out at the Alphabet-owned subsidiary for the unwanted wake-up calls. “All night … Read more