Tag: Bloomberg

Kiljoy! No more ‘Hey Siri’! Apple set to make massive change
Technology

Kiljoy! No more ‘Hey Siri’! Apple set to make massive change

[ad_1] The phrase 'Hey Siri' has become an iconic feature introduced by Apple in 2014 to activate Siri, the virtual assistant. Over the years, it has gained popularity due to its references in popular culture. However, recent reports suggest that Apple might announce the removal of support for this trigger phrase at WWDC 2023, as indicated by Mark Gurman of Bloomberg. Gurman tweeted today, "I'd look out for that possibility next week."This potential change was first reported in November of the previous year when Gurman mentioned that Apple has been working on an initiative to eliminate the 'Hey' from the trigger phrase. Instead, users would only need to say 'Siri' along with a command to activate the virtual assistant. Bloomberg also stated that Apple has been working on implementing th...
Apple WWDC 2023 to showcase exciting updates for Apple Watch
Technology

Apple WWDC 2023 to showcase exciting updates for Apple Watch

[ad_1] Apple is gearing up for its highly anticipated annual developer event, WWDC 2023, scheduled to take place on June 5 at the Apple Park in Cupertino. This year, the focus will be on unveiling the latest software updates for Apple's range of devices, including the iPhone, iPad, and Apple Watch. While all eyes have been on the much-awaited iOS 17 release, there are also expected to be other announcements about additional software updates. Among these updates, the spotlight shines on watchOS 10, about which Apple is likely to announce key new features.A recent report by renowned Bloomberg analyst Mark Gurman reveals some intriguing insights into what watchOS 10 has in store for us. One of the significant revelations is the incorporation of widget support, marking a pivotal change for ...
Nvidia’s CEO Plans Trip to Meet China Executives Despite US Curbs
Technology

Nvidia’s CEO Plans Trip to Meet China Executives Despite US Curbs

[ad_1] Nvidia Corp. Chief Executive Officer Jensen Huang is heading to China to meet with tech executives in the world's biggest chip market, despite rising tensions between Washington and Beijing, according to people familiar with the matter.Huang, who headlined a trade show in Taiwan this week, plans to travel to China for the first time in years in June, said the people, who asked not to be identified because his schedule is private. Companies on his itinerary include gaming leader Tencent Holdings Ltd. and TikTok-owner ByteDance Ltd., one of the people said. Nvidia is emerging as a critical player in the booming field of artificial intelligence, but its position in China has been complicated by geopolitics. US sanctions unveiled by the Biden administration last year prevent the semi...
AI will supercharge productivity. Will workers benefit?
Technology

AI will supercharge productivity. Will workers benefit?

[ad_1] Productivity growth, or the ability to produce more per hour, is supposed to make everyone richer. The idea is that greater productivity allows companies to make more money, which workers and owners share through higher wages and more valuable businesses. But since the 1980s, productivity gains have gone almost exclusively to executives and owners of companies, leaving average workers behind and fueling the widest wage and wealth gaps on record.  Enter artificial intelligence, which promises greater productivity growth than any technology before it. If AI delivers, and those productivity gains continue to elude everyday workers, wage and wealth gaps will widen further, perhaps significantly, adding to the burdens that high rates of economic inequality are already placing on the e...
Apple Extends Broadcom Pact With Multibillion-Dollar 5G Deal
Technology

Apple Extends Broadcom Pact With Multibillion-Dollar 5G Deal

[ad_1] Apple Inc. signed a new multiyear, multibillion-dollar deal with Broadcom Inc. to get 5G radio frequency components for its devices, extending a sometimes-contentious relationship between two of the world's biggest tech companies.The collaboration will include wireless connectivity parts and FBAR filters, which help mobile phones focus airwave signals and reduce interference, Apple said in a statement on Tuesday. The FBAR filters will be designed and built in several US manufacturing hubs, including Fort Collins, Colorado, where Broadcom has a major facility. The move offers some reassurance to Broadcom investors worried about Apple reducing its reliance on the chipmaker. For Apple, the deal helps ensure that it gets the supplies it needs after a tumultuous stretch during the pan...
China Is Jumping at Digital Shadows
Technology

China Is Jumping at Digital Shadows

[ad_1] “Survival is an infinite capacity for suspicion,” goes the line from John Le Carre's classic Cold War-era novel Tinker, Tailor, Soldier, Spy. And right now, in the technology realm, China is fighting hard just to stay in the game.Three brief paragraphs posted by the Cyberspace Administration of China to its website on Sunday night outlined the latest round of digital paranoia between Beijing and Washington, with Boise-based Micron Technology Inc. the most-recent victim. “Micron products have relatively serious potential network security issues,” the CAC said without elaborating. “Operators of national critical information infrastructure should stop purchasing Micron products.” We ought not to make too much of Beijing's decision to keep details of its security review under wraps; ...
Samsung Bans Staff’s AI Use After Spotting ChatGPT Data Leak
Technology

Samsung Bans Staff’s AI Use After Spotting ChatGPT Data Leak

[ad_1] Samsung Electronics Co. is banning employee use of popular generative AI tools like ChatGPT after discovering staff uploaded sensitive code to the platform, dealing a setback to the spread of such technology in the workplace.The Suwon, South Korea-based company notified staff at one of its biggest divisions on Monday about the new policy via a memo reviewed by Bloomberg News. The company is concerned that data transmitted to such artificial intelligence platforms including Google Bard and Bing is stored on external servers, making it difficult to retrieve and delete, and could end up being disclosed to other users, according to the document. The company conducted a survey last month about the use of AI tools internally and said that 65% of respondents believe that such services p...
Bitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000
Technology

Bitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000

[ad_1] Bitcoin's rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.The largest digital asset has climbed 70% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 78%, according to Bloomberg Intelligence and Matrixport. A halving – or halvening – cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last...