Tesla Posts Strong Profit Margins, Predicts Record Sales for 2024
Shares rise 12%; analysts had been expecting a sales decline this year
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ServiceNow Names New President, Posts Steady Sales But No Bump From AI
ServiceNow reported solid revenue growth in the third quarter, but artificial intelligence features didn’t seem to move the needle.
Roblox Makes Tweaks to Quell Child-Safety Outrage
The video game company has faced criticism that its site is a haven for pedophiles.
Character.AI Sued for Liability in Teenager’s Suicide
The lawsuit claims Character.AI knew its app “would be harmful to a significant number of minors but failed to re-design it to ameliorate such harms or furnish adequate warnings” of potential dangers.
OpenAI Winds Down ‘AGI Readiness’ Team as Policy Leader Exits
OpenAI policy leader Miles Brundage will be working in the nonprofit sector on AI policy research next, he said.
Developers Migrate to Snap Amid Meta’s AR Studio Shutdown
Some developers told Bloomberg that in light of Meta’s decision to shutter Meta Spark, they are now turning their attention to Snap’s rival platform.
Bank of America Doubles AI Patents In Two Years
Bank of America said it has doubled its artificial intelligence and machine learning-related patents in the last two years.
CFPB Fines Goldman, Apple $90 Million Over Credit Card Failures
The Consumer Financial Protection Bureau has banned Goldman Sachs from launching new credit cards without approval.
Nvidia’s Huang Says Blackwell Problem Fixed
The CEO claimed reports that the Blackwell problem had created tensions between Nvidia and TSMC were "fake news."
Arm Cancels Qualcomm’s License to Design Chips Based on Its Technology
The move is an escalation of a dispute that the two companies have had since 2021 after Qualcomm purchased Nuvia, a chip startup.
Bill Gates Backs Harris With $50 Million Donation
The news of Gates's donation comes as Kamala Harris and Donald Trump are locked in a tight race with just two weeks remaining until Election Day.
Netflix Pulls Back on Gaming Expansion
Netflix has been tip-toeing into gaming over the past few years but it appears to be abandoning part of its effort involving big name developers.
Amazon to End Delivery Service for Outside Bricks-and-Mortar Retailers
About 300 staff worked on Amazon Today and some were told Monday that they would be losing their jobs, according to CNBC.
OpenAI Hires Ex-White House Official as First Chief Economist
OpenAI's new chief economist, Aaron Chatterji, will lead research into how AI will affect economic growth and job creation.
Anthropic Announces Software That Operates Devices, New Models
The software will be able to take actions on behalf of users on their devices, like building websites and editing spreadsheets.
Wayfair Launches Rewards Subscription
The online home goods retailer has been battling a sales slowdown and increased competition from Temu and Amazon.
Walmart to Add Same-Day Pharmacy Delivery Nationwide
The announcement comes shortly after Amazon announced an expansion of its own same-day pharmacy delivery service.
New Rules for U.S. Tech Investments in China Under Final Review
President Biden's executive order last year cited concerns about how investments in sensitive technologies in China could threaten U.S. national security.
Meta Ray Bans Sells Strongly in Europe, EssilorLuxottica Says
EssilorLuxottica, a global eyewear giant and owner of the Ray-Ban brand, is Meta's partner on the smartglasses, which let people stream music, make phone calls and take photos.
News Corp Sues AI Search Startup Perplexity for Copyright Infringement
In July, Perplexity struck revenue-sharing deals with publishers including Fortune and Time.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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