Report says crowd-sourced fact checks on X fail to address flood of US election misinformation

Report says crowd-sourced fact checks on X fail to address flood of US election misinformation

SAN FRANCISCO — X’s crowd-sourced fact-checking program, called Community Notes, isn’t addressing the flood of U.S. election misinformation on Elon Musk’s social media platform, according to a report published Wednesday by a group that tracks online speech. The nonprofit Center for Countering Digital Hate analyzed the Community Notes feature and found that accurate notes correcting … Read more

We demoed Apple Intelligence. Here’s what the new AI tools can do

We demoed Apple Intelligence. Here’s what the new AI tools can do

Apple’s new artificial intelligence tools are here. Now the company is trying to help customers understand them. The Cupertino, Calif.-based tech giant on Wednesday began offering 15-minute briefings for customers at its hundreds of U.S. retail stores on the company’s new suite of AI tools called Apple Intelligence, which can help iPhone users to compose … Read more

Meta warns of ‘significant acceleration’ in costs tied to AI after strong Q3

Meta warns of ‘significant acceleration’ in costs tied to AI after strong Q3

Facebook owner Meta Platforms beat analysts’ estimates for third-quarter revenue and profit on Wednesday, but warned of “significant acceleration” in infrastructure expenses related to its artificial-intelligence buildout, sending mixed signals about whether higher digital ad sales from its core social media business would continue to cover its massive AI investments. Shares of the Menlo Park, Calif.-based firm fell … Read more

Meta’s third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta’s third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta Platforms Inc. posted stronger-than-expected third-quarter results on Wednesday fueled by its advertising revenue growth and its push to incorporate artificial intelligence. But the Instagram and Facebook parent company warned that it expects a “significant acceleration” in infrastructure spending next year as it continues to pour money into developing AI. For the three months ended … Read more

Scientists detect traces of an ancient Mayan city in southern Mexico using laser-sensor technology

Scientists detect traces of an ancient Mayan city in southern Mexico using laser-sensor technology

NEW ORLEANS — Archaeologists using laser-sensing technology have detected what may be an ancient Mayan city cloaked by jungle in southern Mexico, authorities said Wednesday. The lost city, dubbed Valeriana by researchers after the name of a nearby lagoon, may have been as densely settled as the better-known pre-Hispanic metropolis of Calakmul, in the south … Read more

FTX’s Nishad Singh gets not jail time, 3 years supervised release

FTX’s Nishad Singh gets not jail time, 3 years supervised release

Nishad Singh, former director of Engineering at FTX Cryptocurrency Derivatives Exchange, left, and Claire Watanabe, former senior executive at FTX Cryptocurrency Derivatives Exchange, arrive at court in New York, on Oct. 30, 2024. Mackenzie Sigalos | CNBC Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, … Read more

Microsoft reports $65.6 billion in quarterly sales as investors look to know if AI spending worth it

Microsoft reports .6 billion in quarterly sales as investors look to know if AI spending worth it

REDMOND, Wash. — Microsoft on Wednesday reported an 11% increase in profit for the July-September quarter compared to the same time last year as investors looked for signs that the company’s huge spending on artificial intelligence is paying off. The company reported quarterly net income of $24.7 billion, or $3.30 per share, which beat Wall … Read more

Amazon workers ‘appalled’ by top exec’s return to office remarks

Amazon workers ‘appalled’ by top exec’s return to office remarks

More than 500 Amazon employees sent a letter on Wednesday to the CEO of its AWS unit urging reversal of a full return-to-office policy and rejecting his assertion that the rule had broad support and opponents should leave Amazon Web Services. “We were appalled to hear the non-data-driven explanation you gave for Amazon imposing a five-day in-office mandate,” the letter begins. … Read more