Technology

Elon Musk got 72% in Tesla shareholder vote on pay
Technology

Elon Musk got 72% in Tesla shareholder vote on pay

Related media - Breaking news With the pay package, Musk would own 20.5% of Tesla, up from about 13%. He has said he would like a 25% stake, stressing in January that it would be "quite influential, but not so much that it can't be overthrown." If he didn't get such a large stake, he said, "he would rather build products outside of Tesla." Even after this week's rally, Tesla shares are down more than 20% this year, compared with a 14% gain in the broader stock market. The company remains by far the most valuable auto company, with a stock market value of $600 billion, but fears of tougher competition and declining demand for its models have weighed on the stock. At Thursday's shareholder meeting, Musk was characteristically optimistic about Tesla's self-driving technology, includi...
How to manage your streaming subscriptions as service prices increase
Technology

How to manage your streaming subscriptions as service prices increase

More news - Recent news Because we forget to unsubscribe In May, Caroline Sinders, a designer and artist, published the results of an independent study on how companies like Netflix, Hulu, Vimeo and The New York Times make it difficult to unsubscribe from their services. The study, conducted in 2022, found that some media companies like The Times created friction in the process, requiring, in some cases, a phone call to cancel a subscription. The Times now allows subscribers to unsubscribe online without calling. Even though the study found that streaming services like Netflix and Hulu were easier to cancel, you may stay subscribed longer than you want because of what they don't do, Mx. Sinders said. They don't send emails to remind you that you have an invoice coming up. When yo...
In Race to Build A.I., Tech Plans a Big Plumbing Upgrade
Technology

In Race to Build A.I., Tech Plans a Big Plumbing Upgrade

Linked media - Related media If 2023 was the tech industry’s year of the A.I. chatbot, 2024 is turning out to be the year of A.I. plumbing. It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry’s A.I. boom. Companies from Amazon to Meta are revamping their data centers to support artificial intelligence. They are investing in huge new facilities, while even places like Saudi Arabia are racing to build supercomputers to handle A.I. Nearly everyone with a foot in tech or giant piles of money, it seems, is jumping into a spending frenzy that some believe could last for years. Microsoft, Meta, and Google’s parent company, Alphabet, disclosed this week that they had spent more than $32 billion combined on da...
Apple Vision Pro Review: First Headset Lacks Polish and Purpose
Technology

Apple Vision Pro Review: First Headset Lacks Polish and Purpose

Related media - Related media About 17 years ago, Steve Jobs took the stage at a San Francisco convention center and said he was introducing three products: an iPod, a phone and an internet browser. “These are not three separate devices,” he said. “This is one device, and we are calling it iPhone.” At $500, the first iPhone was relatively expensive, but I was eager to dump my mediocre Motorola flip phone and splurge. There were flaws — including sluggish cellular internet speeds. But the iPhone delivered on its promises. Over the last week, I’ve had a very different experience with a new first-generation product from Apple: the Vision Pro, a virtual reality headset that resembles a pair of ski goggles. The $3,500 wearable computer, which was released Friday, uses cameras so you can s...
OpenAI Seeks to DismissParts of The New York Times’s Lawsuit
Technology

OpenAI Seeks to DismissParts of The New York Times’s Lawsuit

Connected media - Related media Representatives for OpenAI and the Times Company did not immediately respond to requests for comment. The motion asked the court to dismiss four claims from The Times’s complaint to narrow the focus of the lawsuit. OpenAI’s lawyers argued that The Times should not be allowed to sue for acts of reproduction that occurred more than three years ago and that the paper’s claim that OpenAI violated the Digital Millennium Copyright Act, an amendment to U.S. copyright law passed in 1998 after the rise of the internet, was not legally sound. The Times was the first major American media company to sue OpenAI over copyright issues related to its written works. Novelists, computer programmers and other groups have also filed copyright suits against the start-up an...
Apple’s Vision Pro Headset Costs Closer to $4,600 With Necessary Add-Ons
Technology

Apple’s Vision Pro Headset Costs Closer to $4,600 With Necessary Add-Ons

Connected media - Linked media The $1,000 base model of the Surface Laptop 5 comes with only eight gigabytes of memory, but most people are likely to need double that to smoothly run the latest Windows operating system and new apps and games. The model that includes 16 gigabytes costs an extra $500. Samsung Phone Samsung’s new high-end smartphone, the Galaxy S24 Ultra, has a starting price of $1,300. But it’s more realistically a $1,540 phone. In the last five years, many smartphone makers, including Apple, Google and Samsung, stopped shipping phones with basic accessories like earphones and charging bricks, a shift that increased their profit margins. And in an echo of the way computer makers upsell memory, the base model of a smartphone typically includes a modest amount of data st...