UPower IPO Sparks Skyrocketing Stock Price, Then Crashes Back Down To Earth
Key takeaways Chinese EV battery company UPower saw highs of 1100% at one point on its Nasdaq-listed IPO Chinese IPOs...
World
Why child safety bills are popping up all over the US
Bills ostensibly aimed at making the internet safer for children and teens have been popping up all over the United...
Tesla Earnings Meet Expectations For Q1 But Gross Profits Slip As Carmaker Slashed Prices
Key takeaways Tesla’s TSLA gross profit margin was down 19.3% while net income fell 24% Wall Street responded with a...
The Download: AI paternalism in health care, and Nigeria’s answer to Tesla
Would you trust medical advice generated by artificial intelligence? It’s a question raised by yet more headlines this week proclaiming...
Artificial intelligence is infiltrating health care. We shouldn’t let it make all the decisions.
AI is already being used in health care. Some hospitals use the technology to help triage patients. Some use it...
This Nigerian EV entrepreneur hopes to go head to head with Tesla
The first, introduced in 2021, is a 12-seat bus constructed from a number of locally sourced materials. It has a...
We’re Not Done With Layoffs Yet As Meta, Disney And Amazon All Make Further Cuts
Key takeaways Meta, Disney and Amazon have all made headlines this week as the highly anticipated job cuts hit workers...
The Download: recycling batteries, and augmented reality hits stores
Why? The mirrors are part of Snap’s new effort to start offering AR products in the physical world. AR has...
Rethinking sustainable mobility in a new, digital landscape
Yansong Chen, senior vice president of strategy and technology at Ricardo—an environmental, engineering, and strategic consulting company—says advanced technologies are...
Why your iPhone 17 might come with a recycled battery
The quick uptake of EVs is great news for climate action, but it’s causing a tricky dynamic for battery recyclers. ...
Learning to code isn’t enough
The very existence of these training endeavors reflected a mixed set of motivations on the part of the organizers, who...
Snap is launching augmented-reality mirrors in stores
“Our goal is to have people use their time more efficiently in the world instead of getting immersed in a...
Morgan Stanley Bucks Banking Sector Trend, Reports Drop In Q1 Profit
Key takeaways Investment banking giant Morgan Stanley’s MS Q1 profit plunged by 19% after M&A activity dried up Corporate outfits...
The Download: OpenAI’s data disaster, and screens in schools
OpenAI has just over a week to comply with European data protection laws following a temporary ban in Italy, and...
OpenAI’s hunger for data is coming back to bite it
In AI development, the dominant paradigm is that the more training data, the better. OpenAI’s GPT-2 model had a data...
How to teach kids who flip between book and screen
The use of digital books and textbooks exploded during the pandemic, and it may be only a matter of time...
Bank Of America Earnings Beat Expectations, Continue Banking Bonanza Earnings Season
Key takeaways Bank of America has continued the stellar Q1 earnings report trend with a 15% profit increase JPMorgan, Citigroup...
The Download: fire-resistant homes, and Big Tech’s AI chokehold
With each devastating wildfire in the US West, officials consider new methods or regulations that might save homes or lives...
The quest to build wildfire-resistant homes
“We have to get over this idea that it’s always the best thing to actually evacuate,” says Kolden. “We used to...
Generative AI risks concentrating Big Tech’s power. Here’s how to stop it.
Myers West says her stint taught her that AI regulation doesn’t have to start from a blank slate. Instead of...