Verizon, AT&T, T-Mobile and Sprint all offer “unlimited” data plans that suggest you can use as much high-speed data as you want each month. But the truth is more complicated. In reality, if you use too much data in a month — even if you pay for one of these plans — your carrier might […]
Read moreElon Musk spares no opportunity to remind the world that everyone is out to get Tesla — from the media and the hedge fund shorts to labor unions and fossil-fuel companies. Now there is another entrenched interest group that is showing the first inklings of potential to become another “unfriendly” force in the world: Cabdrivers. […]
Read moreSAN FRANCISCO — Barney Harford was hired late last year to help fix problems at Uber, the ride-hailing company. Instead, he has created new ones. On a conference call this spring with colleagues, Mr. Harford, the company’s chief operating officer, critiqued a new ad that showed a mixed-race couple, said five people familiar with the […]
Read moreHere’s a round-up of the most important deals in venture capital from the past week. Alphabet, its venture arm GV, and Uber led a $335 million investment into Lime, the mobility start-up that lets users rent bikes or scooters using their smartphones to unlock and pay for them. With the deal, Lime’s valuation has risen […]
Read moreTesla rolled out a new attendance policy for all U.S.-based hourly employees on July 1st, according to documentation shared with CNBC. The policy spells out specific penalties for lapses in attendance, and Tesla says it is meant to make it fairer — for instance, employees who are 10 minutes late won’t be penalized as harshly […]
Read moreElon Musk has been under intense pressure to ramp up production of Tesla vehicles after a series of delays. Tesla recently managed to meet its production quota for its Model 3 cars, but now the billionaire CEO is being criticized for reportedly pushing his staff to the limit to hit those goals. However, Musk argues […]
Read moreRepresentatives from Facebook, Twitter and Google parent company Alphabet will testify at a House Judiciary Committee hearing on social media filtering, the committee announced on Friday. The July 17 meeting will address concerns about transparency and bias in content filtering, as well as examine the role of competition law, to prevent anti-competitive filtering practices. Companies […]
Read moreCount former U.S. Labor Secretary Robert B. Reich as the latest notable figure who thinks universal basic income will eventually become a reality. Reich, who oversaw policy regarding the nation’s workforce when he served as Secretary of Labor under President Bill Clinton, says he thinks the rise of automated jobs could mean the United States […]
Read moreNetworking company stocks fell off Friday following a report by The Information that Amazon Web Services is considering selling its own network switching devices. Cisco dropped 5 percent, representing a loss in stock value of roughly $11 billion. Juniper gave up more than 3 percent. Arista Networks dropped nearly 6 percent, and F5 Networks dropped […]
Read moreMicrosoft's president says the government needs to step up regulation of face recognition technology
Amid increasing scrutiny around the government’s use of artificial intelligence software, Microsoft said on Friday that it wants to see more regulation, specifically regarding technology that recognizes faces. “If there are concerns about how a technology will be deployed more broadly across society, the only way to regulate this broad use is for the government […]
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