Following this week’s layoffs, Snap’s stock tanks 30% on Q4 earnings
Snap is not having a good quarter. Following this week’s news that the company was laying off 10% of its workforce, amounting to hundreds of employees, the company’s stock is now crashing after reporting a fourth-quarter earnings miss. The Snapchat maker’s stock dropped by over 30% in after-hours trading as
Read moreAdam Neumann is trying to buy back WeWork
Adam Neumann, who co-founded flexible workspace provider WeWork in 2010 and notoriously stepped down nine years later, is attempting to buy the company out of bankruptcy, according to multiple reports. In a letter published by The New York Times today, lawyers for Adam Neumann, his latest startup Flow Global Holdings
Read moreWho is YOUR candidate for Canadian CIO of the Year?
Nominations are now open for the Canadian CIO of the Year Awards It’s that time again. IT World Canada (ITWC) and the CIO Association of Canada are once again looking to recognize Canada’s technology leadership in their annual CIO of the Year awards. These awards look to recognize the
Read moreThese VCs think the Vision Pro has a shot in the enterprise
The Vision Pro, Apple’s first mixed-reality headset, is undeniably impressive from a technical perspective. It reflects a carefully considered, thoughtful (albeit pricey) approach to AR/VR, while its operating system — visionOS — delivers genuine innovations in the areas of input and interactions. But apps make or break hardware, regardless of
Read moreElon Musk is backing Mandalorian actor’s suit against Disney
Photo by Rodin Eckenroth / WireImage Three years after Disney cut ties with The Mandalorian’s Gina Carano, the actor is now filing a lawsuit against the company — with a little help from Elon Musk. As The Hollywood Reporter reports, Carano is suing Disney for discrimination and wrongful termination after
Read moreCisco launches AI features, Nvidia partnership in Amsterdam
Today, at Cisco Live Amsterdam, Cisco made a series of announcements designed to add more artificial intelligence (AI) power and capabilities across the organization’s portfolio. “The opportunity to power progress has never been greater,” said Oliver Tuszik, senior vice president and president of Europe, Middle East and Africa at Cisco.
Read moreBell, Mila to embark on joint deep learning AI initiative
Artificial intelligence research institute Mila and Bell Canada have announced an 18-month collaborative project that, the two said, will apply deep learning neural network algorithms to Bell’s systems and data. The lab, which specializes in artificial intelligence (AI) advances, was founded in 1993 by Yoshua Bengio, a professor at the
Read moreAs Bluesky opens to the public, CEO Jay Graber faces her biggest challenge yet
Bluesky CEO Jay Graber says that her job is like being a substitute teacher. It’s not what you’d expect from the head of an experimental, up-and-coming social platform, but it makes sense: there’s a lot of pressure, and a mischievous audience is eager to poke and prod at any crack
Read moreEU proposes criminalizing AI-generated child sexual abuse and deepfakes
AI-generated imagery and other forms of deepfakes depicting child sexual abuse (CSA) could be criminalized in the European Union under plans to update existing legislation to keep pace with technology developments, the Commission announced today. It’s also proposing to create a new criminal offense of livestreaming child sexual abuse. The
Read moreApple brings enterprise device management to the Vision Pro
It’s been hard to avoid news about the Apple Vision Pro, the company’s entry into the virtual reality market, in recent days. It was officially released on Friday to much fanfare, but how will it fare in the enterprise? It’s way too early to say, but the company is doing
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