Day: March 14, 2023

By Rob Lenihan Lowe’s is employing new technology at some of its stores in a pilot program aimed at improving security. So what are the Daleks doing in Philadelphia? Fans of the iconic science fiction program “Dr. Who” might have been a bit startled to see something that looks an awful lot like one of the show’s most notorious villains buzzing around some Lowe’s (LOW) – Get Free Report parking lots recently. DON’T MISS: What Apple Stock Investors Should Know About AI (Artificial Intelligence) But not to worry. Those five-foot, 400-pound egg-shaped mechanical marvels are on our side. They are K… Read More “Lowe’s Adds New Security Measure Some Customers May Not Like”

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn. Meta shares jumped 6% on the news. The widely-anticipated job cuts are part of a restructuring that will see the company scrap hiring plans for 5,000 openings, kill off lower-priority projects and “flatten” layers of middle management. They followed the company’s first mass layoff in the fall, which eliminated more than 11,000 jobs, or 13%… Read More “Meta to cut 10,000 jobs in second round of layoffs”

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn. Meta shares jumped 6% on the news. The widely-anticipated job cuts are part of a restructuring that will see the company scrap hiring plans for 5,000 openings, kill off lower-priority projects and “flatten” layers of middle management. They followed the company’s first mass layoff in the fall, which eliminated more than 11,000 jobs, or 13%… Read More “Meta to cut 10,000 jobs in second round of layoffs”

By Dan Weil John Barr looks for companies with hidden value that can turn into high-quality stocks. See his stock picks below. Small-cap stocks have suffered compared to their large-cap brethren in recent years, but Needham Aggressive Growth Fund (NEAGX) – Get Free Report, managed by John Barr, has shined. It has annualized returns of 22.88% for the last three years through March 13, 12.92% for five years and 12.73% for 10 years, according to Morningstar. That puts the fund in the 5 percentile or better for all three periods among small-cap growth mutual funds tracked by Morningstar. Barr’s ph… Read More “Where to Look for Small-Cap Growth Stocks: Needham Fund Manager”

ChatGPT and its AI powers could help writers and office workers improve their writing quality and decrease the time spent on tasks, cutting out busy work in favor of better, more productive work. However, the MIT study that suggested these conclusions also warned that employers could use AI to increase layoffs, too. The paper, “Experimental Evidence on the Productivity Effects of Generative Artificial Intelligence” by Shakked Noy and Whitney Zhang of the economics department at MIT, is considered a working paper and has not been peer-reviewed. Still, the conclusions it found about ChatGPT’s AI… Read More “ChatGPT’s AI powers make better writers, MIT study finds”

By Jeffrey Dastin (Reuters) -The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for human-like technology to proliferate and more competition between its backer Microsoft Corp and Alphabet Inc’s Google. OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology is “multimodal,” meaning images as well as text prompts can spur it to generate content. The text-input feature will be available to ChatGPT Plus subscribers and to software developers, with a waitlist, while th… Read More “Microsoft-backed OpenAI starts release of powerful AI known as GPT-4”

By NOAH BERGER / AFP Google on Tuesday began letting some developers and businesses access the kind of artificial intelligence that has captured attention since the launch of Microsoft-backed ChatGPT last year. Google on Tuesday began letting some developers and businesses access the kind of artificial intelligence that has captured attention since the launch of Microsoft-backed ChatGPT last year. The tech giant’s cloud computing arm will provide testers with ways to “infuse generative AI” into apps or put them to work on Google’s own platform. “With this, Google Cloud is poised to enable a wh… Read More “Google lets testers access ChatGPT-style generative AI”

Washington (AFP) – It is a documentary that evokes the underground abortion networks of the 1960s but the story involves the present day. “Plan C,” airing this week at the South by Southwest festival in Austin, Texas, is about a group of risk-taking women determined to provide access to a safe method of abortion. Their tool: the abortion pill. “Plan C” is both the name of the documentary and the organization at the center of the film. It traces the uphill battle faced by the women between 2019 and 2022 to make the abortion pill more widely available to women in need. On the one hand, the pande… Read More “Abortion pill: the women of the ‘resistance’”