Friday, November 22

Tag: Microsoft

AMD’s Piece of the AI Pie Will Need to Prove Sticky
7Dec By adminNo Comments
Money

AMD’s Piece of the AI Pie Will Need to Prove Sticky

Advanced Micro Devices has been defying the odds for years now. So it isn’t a great stretch to imagine the chip maker doing so again. The company more commonly known as AMD long competed primarily against Intel for a small slice of the personal computer and server markets. AMD’s fortunes began to brighten about five years ago thanks to smart design decisions, plus technological stumbles by its much larger rival. AMD now generates more than four times the annual revenue that it did in 2017; Intel’s business has shrunk by 16% in that same time. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Actors Recorded Videos for ‘Vladimir.’ It Turned Into Russian Propaganda.
7Dec By adminNo Comments
Technology

Actors Recorded Videos for ‘Vladimir.’ It Turned Into Russian Propaganda.

Internet propagandists aligned with Russia have duped at least seven Western celebrities, including Elijah Wood and Priscilla Presley, into recording short videos to support its online information war against Ukraine, according to new security research by Microsoft.The celebrities look like they were asked to offer words of encouragement—apparently via the Cameo app—to someone named “Vladimir” who appears to be struggling with substance abuse, Microsoft said. Instead, these messages were edited, sometimes dressed up with emojis, links and the logos of media outlets and then shared online by the Russia-aligned trolls, the company said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?
5Dec By adminNo Comments
Money

How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?

As in the eponymous 1960s Western, the so-called “Magnificent Seven” stocks keep on winning. This also means investors are betting the farm on just a handful of bullets hitting their targets.The S&P 500 is in a bull market, fueled by soft inflation data in the U.S. and Europe and the widespread belief that interest rates will start coming down early next year. Yet the stock market has become so top-heavy that speaking of a “bull market” carries less meaning than before. Without Apple, Microsoft, Alphabet, Amazon.com, Nvidia, Tesla and Meta Platforms—the high-growth, technology-related companies that analysts have dubbed the “Magnificent Seven”—the S&P 500 would only be up 9% this year, rather than 19%. Some 44% of stocks in the index are down this year.Copyright ©2023 Dow Jones &a...
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Tech’s New Normal: Microcuts Over Growth at All Costs
5Dec By adminNo Comments
Technology

Tech’s New Normal: Microcuts Over Growth at All Costs

The tech industry has largely recovered from the downturn, but Silicon Valley learned a long-lasting lesson: how to do more with less. Amazon, Google, Microsoft and Meta Platforms have been cutting dozens or a few hundred employees at a time as executives keep tight controls on costs, even as their businesses and stock prices have rebounded sharply. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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One Supreme Court Case Could Mess Up Chunks of the Tax Code
3Dec By adminNo Comments
World

One Supreme Court Case Could Mess Up Chunks of the Tax Code

WASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution—and what it can’t. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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OpenAI’s New Board Takes Over and Says Microsoft Will Have Observer Role
30Nov By adminNo Comments
Technology

OpenAI’s New Board Takes Over and Says Microsoft Will Have Observer Role

Updated Nov. 29, 2023 10:42 pm ETOpenAI’s new board formally took over on Wednesday and said it would add an observer role for partner Microsoft, capping a dramatic chapter for the artificial-intelligence startup and launching a new phase of difficult decisions.The new board’s initial three members were decided as part of CEO Sam Altman’s return last week after the previous board abruptly fired him. The replacement directors’ priorities include creating an independent committee to review the events around Altman’s ouster, said Bret Taylor, the board’s chairman.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Sam Altman Officially Returns to OpenAI—With a New Board Seat for Microsoft
30Nov By adminNo Comments
Technology

Sam Altman Officially Returns to OpenAI—With a New Board Seat for Microsoft

Sam Altman marked his formal return as CEO of OpenAI today in a company memo that confirmed changes to the company’s board, including a new nonvoting seat for the startup’s primary investor, Microsoft.In a memo sent to staff and shared on OpenAI’s blog, Altman painted the chaos of the past two weeks, triggered by the board’s loss of trust in their CEO, during which almost the entire staff of the company threatened to quit, as a testament to the startup’s resilience rather than a sign of instability.“You stood firm for each other, this company, and our mission,” Altman wrote. “One of the most important things for the team that builds [artificial general intelligence] safely is the ability to handle stressful and uncertain situations, and maintain good judgment throughout. Top marks.”Altman...
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OpenAI unlikely to offer board seat to Microsoft, other investors: Report
29Nov By adminNo Comments
Business

OpenAI unlikely to offer board seat to Microsoft, other investors: Report

ChatGPT owner OpenAI is not expected to offer Microsoft and other investors including Khosla Ventures and Thrive Capital seats on its new board, a person familiar with the matter told Reuters on Tuesday.   In a few tumultuous days last week, OpenAI ousted its CEO and founder Sam Altman without any detailed cause, setting off alarm bells among investors and employees. He was reinstated with the promise of a new board.   Altman's exit sparked confusion about the future of the startup at the center of an artificial intelligence boom.   "I do not know that it's going to be the choice of OpenAI to leave Microsoft off the board," said Thomas Hayes chairman of hedge fund Great Hill Capital.   "Microsoft will have something to say about i...
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S&P 500 Edges Higher, Building on November Gains
29Nov By adminNo Comments
Money

S&P 500 Edges Higher, Building on November Gains

The S&P 500 edged higher Tuesday, lifted by rising tech stocks and consumer-focused shares.The broad U.S. stock index is on pace to end November with its best monthly performance since July 2022, boosted by a decline in bond yields. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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