The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.
Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO
The influential cryptocurrency exchange has undergone several reorganizations in recent years.
Dropbox lays off 20% of staff, says it overinvested and underperformed
Dropbox is laying off 528 employees in a move that will reduce its global workforce by 20 percent, CEO Drew Houston announced today. Houston wrote that Dropbox’s core file sync and sharing “business has matured, and we’ve been working to build our next phase of growth with products like Dash,” an “AI-powered universal search” product...
Android Trojan that intercepts voice calls to banks just got more stealthy
Researchers have found new versions of a sophisticated Android financial-fraud Trojan that’s notable for its ability to intercept calls a victim tries to place to customer-support personnel of their banks. FakeCall first came to public attention in 2022, when researchers from security firm Kaspersky reported that the malicious app wasn’t your average banking Trojan. Besides containing...
Downey Jr. plans to fight AI re-creations from beyond the grave
Robert Downey Jr. has declared that he will sue any future Hollywood executives who try to re-create his likeness using AI digital replicas, as reported by Variety. His comments came during an appearance on the “On With Kara Swisher” podcast, where he discussed AI’s growing role in entertainment. “I intend to sue all future executives...
Google CEO says over 25% of new Google code is generated by AI
On Tuesday, Google’s CEO revealed that AI systems now generate more than a quarter of new code for its products, with human programmers overseeing the computer-generated contributions. The statement, made during Google’s Q3 2024 earnings call, shows how AI tools are already having a sizable impact on software development. “We’re also using AI internally to...
Here’s the paper no one read before declaring the demise of modern cryptography
There’s little doubt that some of the most important pillars of modern cryptography will tumble spectacularly once quantum computing, now in its infancy, matures sufficiently. Some experts say that could be in the next couple decades. Others say it could take longer. No one knows. The uncertainty leaves a giant vacuum that can be filled...
How a Data Center Divided a Small Missouri Town
Residents of Peculiar battled developers and some of their local officials to keep a giant data center out of their community.
Elon Musk Bought a Texas Compound for His 11 Kids and Their Mothers
As the billionaire warns of population collapse and the moral obligation to have children, he’s navigating his own complicated family.
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.