It’s a bad day to be a paper pusher. Artificial intelligence is on a rapidly aggressive pace to take over “clerical white collar work,” IBM CEO Arvind Krishna said. Amid the explosion of language-based AI ChatGPT, a “marketing moment” Krishna called “incredible” during an interview with the Financial Times, he …
Read More »Meta gives 7K workers poor performance reviews as more layoffs loom
Thousands of workers at Facebook parent Meta reportedly didn’t get a like from Mark Zuckerberg on their performance reviews — an ominous sign that more layoffs are in the offing. The tech company, which also owns WhatsApp and Instagram, gave some 7,000 employees, or 10% of Meta’s workforce, subpar reviews, …
Read More »Bankman-Fried’s Stanford-Connected Backers and the Decline of Tech Prestige
Join the most important conversation in crypto and web3! Secure your seat today In his immediate response to media queries, former dean of Stanford’s law school Larry Kramer gave a very personal explanation for why he’d pledge $500,000 to get Sam Bankman-Fried out on bail. Kramer, along with Stanford computer …
Read More »OnlyFans — the internet platform dominated by ‘sexfluencers’ — hasn’t seen a slowdown even as tech is slumping. But it’s private. Here are 3 high-growth stocks you can buy
Adult entertainment platform OnlyFans seems to be outperforming the rest of the tech sector. Its number of creators and subscribers both grew in recent months, according to the company’s CEO Amrapali “Ami” Gan. “We’re not seeing any slowdown,” Gan told Axios. Don’t miss OnlyFans launched in 2016, but its popularity …
Read More »China’s Top Tech Banker Goes Missing, Unnerving Finance Industry
(Bloomberg) — The disappearance of high-profile banker Bao Fan is fueling speculation of a renewed clampdown on China’s finance industry. Most Read from Bloomberg Bao’s company China Renaissance Holdings Ltd. said on Thursday it had lost touch with the banker, one of the country’s most prolific dealmakers over the past …
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