Apple narrowly beats estimates with boost from iPhone sales
Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales. The tech giant saw quarterly revenue of $94.9 billion in the three months ending September 28, up from the same period last year, in a closely watched report as investors […]
Musical artists sound AI infringement warning
Many companies using artificial intelligence technologies are seeking to improve the performance of their platforms. This involves training AI through a variety of media. Many artists are protesting over their works being used as training data for large language models (LLMs). The companies involved include OpenAI, Anthropic, and now Perplexity. In the U.S. this has […]
Hefty electric vehicle costs dent Ford profits
Ford reported lower profits Monday and reduced its full-year earnings outlook as hefty one-time electric vehicle (EV) expenses weighed on results. The major US automaker reported third-quarter profits of $892 million, down 26 percent from the year-ago level, on revenues of $46.2 billion, up 5.5 percent. The results were the latest in which Ford has […]
US plans to contribute $20 bn for Ukraine loan
The United States plans to contribute $20 billion to a G7 loan package for Ukraine and could soon announce new sanctions targeting Russian weapons procurement, Treasury Secretary Janet Yellen said Tuesday. “We’re very close to finalizing America’s portion of this $50 billion loan package,” she told a press conference, as world financial leaders gather in […]
New app enables real-time, full-body motion capture using a smartphone
A new app has been demonstrated to perform effective real-time, full-body motion capture and 3D human translation with a smartphone. Researchers (Northwestern University engineers) unveiled the app at the ACM Symposium on User Interface Software and Technology (held in Pittsburgh, U.S.). The app is called MobilePoser and it is designed to make motion capture technology more accessible. This is achieved […]
Onboard wifi is latest frontline in airline competition
Free onboard wifi has become the latest battleground between the world’s leading airlines as the once expensive and unreliable service finally delivers quality comparable to being at home. Delta, United, Japan Airlines, Air France and other global carriers have in recent weeks sought to outdo each other with competing announcements about the arrival or extension […]
Boeing to raise up to $25 bn as strike weighs on finances
US aircraft manufacturer Boeing unveiled measures meant to replenish its cash flow Tuesday, including an intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike. In a regulatory filing, the aviation giant indicated plans to raise the funds by selling stock and debt. It also earlier announced […]
Russia, China step up cybercriminal recruitment, warns Microsoft
Russia, China and North Korea are becoming more aggressive and sophisticated in their recruitment of cybercriminals to steal money, gain intelligence and sway elections, Microsoft said in a threat report released Tuesday. Such hackers are not just stealing data, corporate vice president of customer security Tom Burt wrote in the Microsoft Digital Defense Report. They […]
Instagram and Threads moderation is out of control
On Threads, the topic of “Threads Moderation Failures” is trending. Some users complain their accounts are being deleted or restricted for linking to articles with controversial topics. Instagram and Threads boss Adam Mosseri is directly replying to some complaints and said he’s “looking into it.” And I’m one of many people who’s had their account deleted for allegedly being a child — which I am not. […]
SpaceX launches European asteroid probe as hurricane weather closes in
Dodging stormy weather ahead of Hurricane Milton, SpaceX launched the European Space Agency’s $398 million Hera probe Monday on a follow-up flight to find out precisely how a moonlet orbiting a small asteroid was affected by the high-speed impact of NASA’s DART probe in 2022. The launching was in doubt until the last moment, with thick clouds and rain […]