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GOOGL

AI seen cutting worker numbers, survey by staffing company Adecco shows

Artificial intelligence will lead to many companies employing fewer people in the next five years, staffing provider Adecco Group said on Friday, in a new survey highlighting the upheaval AI will bring to the workplace. Some 41% of senior executives expect to have smaller workforces because of AI technology, Adecco said in a report based on a survey of executives at 2,000 large companies worldwide. Generative AI, which can create text, photos and videos in response to open-ended prompts, has spurred both hope it could eliminate repetitive tasks and fear it will make some jobs obsolete...

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GOOGL

Wall Street Breakfast Podcast: Disney To Crack Down On Password Sharing Soon

Bob Iger: Disney to start password sharing crackdown in June. HubSpot gains amid report Alphabet considering takeover offer. Fed’s Kashkari: Bitcoin has had no legitimate use case...

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MSFT

Zoom Video: Microsoft Team’s Unbundling Adds Fire To The Transition Spark

Zoom Video faces challenges in monetizing its enterprise user base and needs to focus on upselling and retaining customers to drive revenue growth. See why ZM stock is a Hold...

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TSLA

Apparel Stocks Tumble. Why PVH Took the Biggest Hit.

The underpants brand and Tommy Hilfiger are owned by PVH. Here’s why it caught the worst of a broad apparel downturn...

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MSFT

China Is Targeting U.S. Voters and Taiwan With AI-Powered Disinformation

Findings from Microsoft and others are shedding light on Beijing’s expanding covert influence operations...

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MSFT

UPDATE 1-New York City defends AI chatbot that advised entrepreneurs to break laws

New York City Mayor Eric Adams is defending the city's new artificial intelligence chatbot that has been caught in recent days giving business owners wrong answers or advice that, if followed, would entail breaking the law. When launched as a pilot in October, the MyCity chatbot was touted as the first city-wide use of such AI technology, something that would give business owners "actionable and trusted information" in response to queries typed into an online portal...

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AAPL

Apple Cut at Least 600 Workers When Car, Screen Projects Stopped

(Bloomberg) -- Apple Inc. laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department. Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesFed’s Kashkari Floats Possibility of No Rate Cuts...

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TSLA

Dow Jones Futures: Market Suffers Ugly Reversal, Nvidia Breaks Key Level As AMD Dives; Jobs Report Looms

Stocks reversed lower Thursday on Mideast tensions with the jobs report due Friday. HubSpot broke out on Google buzz while Tesla bounced. Nvidia undercut a key level...

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MSFT

Palantir-Oracle Partnership Brings Both Firms Tremendous Upside

Palantir and Oracle team up to enhance data privacy and streamline the deployment of Palantir's platforms through Oracle Cloud Infrastructure. Read more here...

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TSLA

Elon Musk boosting pay of AI engineers to prevent poaching from OpenAI

Tesla CEO Elon Musk said the electric vehicle maker is raising the compensation of its artificial intelligence engineers due to OpenAI "aggressively recruiting" them...

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