Techlife News Magazine - October 19, 2024

In this issue

The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax experts have been closely watching OpenAI, the maker of ChatGPT, since last November when its board ousted and rehired CEO Sam Altman. Now, some believe the company may have reached — or exceeded — the limits of its corporate structure, under which it is organized as a nonprofit whose mission is to develop artificial intelligence to benefit “all of humanity” but with for-profit subsidiaries under its control.

META LAYS OFF STAFF ATWHATSAPP AND INSTAGRAM TO ALIGN WITH 'STRATEGIC GOALS'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”

1 min

SUPREME COURT ALLOWS RULE LIMITING POLLUTION FROM COAL-FIRED POWER PLANTS TO REMAIN IN EFFECT

The Supreme Court on Wednesday allowed a Biden administration regulation aimed at limiting planet-warming pollution from coal-fired power plants to remain in place as legal challenges play out.

3 mins

US SHOPPERS SPENT MORE AT RETAILERS LAST MONTH IN LATEST SIGN CONSUMERS ARE DRIVING GROWTH

Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices.

3 mins

WHAT TO KNOW ABOUT THIS YEAR'S SOCIAL SECURITY COST-OF-LIVING ADJUSTMENT

Tens of millions of older Americans will see an increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments.

2 mins

CHANGING OPENAI'S NONPROFIT STRUCTURE COULD HAVE BIG CONSEQUENCES

The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion.

4 mins

US CONSIDERS ASKING COURT TO BREAK UP GOOGLE AS IT WEIGHS REMEDIES IN THE ANTITRUST CASE

The U.S. Department of Justice is considering asking a federal judge to break up Google after its ubiquitous search engine was declared an illegal monopoly, but it is just one of many possible remedies under review, according to a court filing.

3 mins

Robotaxi

THE FUTURE IS GOLD FOR TESLA AUTONOMOUS VEHICLES AND MORE

5 mins

HOW THE TINY CARIBBEAN ISLAND OF ANGUILLA HAS TURNED THE AI BOOM INTO A DIGITAL GOLD MINE

The artificial intelligence boom has benefited chatbot makers, computer scientists and Nvidia investors. It's also providing an unusual windfall for Anguilla, a tiny island in the Caribbean.

3 mins

THE FOUR TECH FEATURES YOU NEED TO GET ON YOUR NEXT VEHICLE

Technology features in modern vehicles can make driving easier and more enjoyable.

3 mins

VOLUNTEERS BRING SOLAR POWER TO HURRICANE HELENE'S DISASTER ZONE

Nearly two weeks after Hurricane Helene downed power lines and washed out roads all over North Carolina’s mountains, the constant din of a gas-powered generator is getting to be too much for Bobby Renfro.

4 mins

NOBEL PRIZE IN CHEMISTRY HONORS 3 SCIENTISTS WHO USED AI TO DESIGN PROTEINS - LIFE'S BUILDING BLOCKS

Three scientists who discovered powerful techniques to decode and even design novel proteins — the building blocks of life — were awarded the Nobel Prize in chemistry last week. Their work used advanced technologies, including artificial intelligence, and holds the potential to transform how new drugs and other materials are made.

4 mins

AI IS HAVING ITS NOBEL MOMENT.DO SCIENTISTS NEED THE TECH INDUSTRY TO SUSTAIN IT?

Hours after the artificial intelligence pioneer Geoffrey Hinton won a Nobel Prize in physics, he drove a rented car to Google's California headquarters to celebrate.

4 mins

AMAZON, GOOGLE MAKE DUELING NUCLEAR INVESTMENTS TO POWER DATA CENTERS WITH CLEAN ENERGY

Amazon this week said that it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence.

4 mins

WHY YOU SHOULDN'T STORE YOUR MONEY IN PAYMENT APPS

Connor Tomasko grew up wary of credit cards. As she taught herself more about managing money, she realized that many people also have bad habits when it comes to payment apps.

4 mins

TIKTOK WAS AWARE OF RISKS KIDS AND TEENS FACE ON ITS PLATFORM.LEGAL DOCUMENT ALLEGES

TikTok was aware that its design features are detrimental to its young users and that publicly touted tools aimed at limiting kids’ time on the site were largely ineffective, according to internal documents and communications exposed in lawsuit filed by the state of Kentucky.

4 mins

TECH TIP: HERE'S WHAT YOU NEED TO DO BEFORE AND AFTER YOUR PHONE IS STOLEN OR LOST

Phones hold so much of our digital lives emails, social media and bank accounts, photos, chat messages and more — that if they ever get stolen or go missing, it can cause major disruption beyond just the loss of a device.

4 mins

UNITED AIRLINES IS ADDING 8 NEW INTERNATIONAL DESTINATIONS TO ITS ITINERARY FOR NEXT SUMMER

United Airlines is adding eight new international destinations to its itinerary for next summer.

1 min

US AGENCY ADOPTS RULE TO MAKE IT EASIER FOR CONSUMERS TO CANCEL UNWANTED SUBSCRIPTIONS

The Federal Trade Commission adopted a final rule this week that will require businesses to make it easy for consumers to cancel unwanted subscriptions and memberships.

1 min

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