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The Intellectual Property Challenge of Generative AI

The Intellectual Property Challenge of Generative AI

Generative AI is becoming more common in creative industries but raises legal questions about ownership, copyright infringement and unlicensed content in training data. The application of intellectual property laws to generative AI is currently being determined by courts, with several cases already filed. Companies using generative AI should ensure legal compliance and minimize risks by …

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Microsoft's Strong Cloud Growth Boosts Stock Performance

Microsoft’s Strong Cloud Growth Boosts Stock Performance

Microsoft beat Wall Street’s targets for its fiscal Q3, largely due to its strong cloud computing businesses, causing MSFT stock to rise over 7%. The Redmond-based company earned $2.45/share on $52.9B in sales for the quarter ended March 31. Analysts predicted $2.24/share on $51B in sales. Microsoft’s earnings rose 10% YoY, while sales increased 7%. …

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Meta's Reality Labs reports $3.99B loss as Zuckerberg invests in metaverse

Meta’s Reality Labs reports $3.99B loss as Zuckerberg invests in metaverse

Meta’s Reality Labs unit, responsible for developing VR/AR technologies for the metaverse, incurred a $3.99B operating loss, according to Q1 earnings report. Revenue generated during the quarter was $339M. The figures indicate a decline from the previous quarter, where it suffered a $4.28B loss with $727M revenue. Meanwhile, Meta CEO Mark Zuckerberg is cutting costs …

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AI's Impact on Jobs and the Labor Market: Future of Work

AI’s Impact on Jobs and the Labor Market: Future of Work

AI’s impact on the future of work is highly speculated and discussed as it transforms the job market and changes the skills in demand. By 2025, AI is expected to create 133 million jobs and automate 75 million jobs globally. This presents opportunities for more creative and rewarding work while automating routine tasks. Customer service …

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Microsoft's Earnings Beat, Expects AI to Boost Revenue Growth

Microsoft’s Earnings Beat, Expects AI to Boost Revenue Growth

Microsoft’s Q3 earnings and guidance surpassed analysts’ expectations, resulting in a 9% increase in share value during extended trading on Tuesday. The company earned $2.45 per share and generated $52.86 billion in revenue, exceeding Refinitiv’s expected $2.23 per share and $51.02 billion, respectively. For Q4, Microsoft’s finance chief, Amy Hood, predicted revenue between $54.85 billion …

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AI in Cybersecurity: Going Beyond Hype for Real Understanding

AI in Cybersecurity: Going Beyond Hype for Real Understanding

AI has vast potential in cybersecurity, including early threat detection, phishing prevention, and offensive applications. It’s also expected to alleviate the cyber-skills gap by reducing security team workloads. However, ‘AI’ has become a buzzword, leading to misconceptions and misrepresentations. Speaking at RSA 2023 Conference, Diana Kelley, CSO at Cyberize, emphasized the need for accurate evaluation …

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Microsoft's Earnings May Be Impacted by Slower Cloud Growth

Microsoft’s Earnings May Be Impacted by Slower Cloud Growth

Microsoft’s cloud growth may have slowed down to its lowest rate in five years, amid the challenging economic climate. The tech giant is set to report Q3 earnings of $16.7bn or $2.24 per share, which is almost unchanged from last year. Investors will be closely watching the Intelligent Cloud segment, Microsoft’s largest for the last …

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Twitter's #BlockTheBlue: A Fresh Take on 'Verified' Accounts

Twitter’s #BlockTheBlue: A Fresh Take on ‘Verified’ Accounts

Twitter users have started a movement called #BlockTheBlue, blocking accounts with blue checkmarks after Twitter stripped many public figures, media outlets, celebrities, and businesses of their verified status. The blue checkmark used to denote a verified account from a prominent organization or person, but now it’s reserved only for paid subscribers of Twitter Blue. This …

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IKEA's $2.2B US Investment and Expansion: Unveiling 17 New Stores

IKEA’s $2.2B US Investment and Expansion: Unveiling 17 New Stores

IKEA’s largest store owner, Ingka Group, has announced a massive $2.2 billion investment plan for expanding its footprint in the U.S. over the next three years. This move includes the upgrade of existing IKEA stores in the country and the opening of 17 new locations – eight large retail outlets and nine smaller “plan and …

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