Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing

Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing
Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing
July 19, 2024  |  Personnel

Augmented reality (AR) startup Magic Leap reportedly cut 75 jobs on Thursday (July 18) as it reorients its business toward technology licensing. Get the Full Story Complete...

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Netflix Co-CEO Touts Programming Flexibility and Eyes Ads Tier Business
Netflix Co-CEO Touts Programming Flexibility and Eyes Ads Tier Business
July 19, 2024  |  Earnings

During Thursday’s Q2 earnings call, Netflix officials discussed a redesigned homepage aimed at improving content discovery for users, along with excitement connected to its advertising...

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Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
July 19, 2024  |  Acquisitions

Congresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital One–Discover merger. Get the Full Story Complete the form to unlock this article and...

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Meta’s AI Retreat May Signal EU Regulatory Minefield
Meta’s AI Retreat May Signal EU Regulatory Minefield
July 19, 2024  |  artificial intelligence

Facebook parent Meta’s decision to withhold its latest multimodal artificial intelligence (AI) model from the European Union highlights the growing chasm between Silicon Valley innovation...

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They Said That: Notable Quotables From the Week of July 14
They Said That: Notable Quotables From the Week of July 14
July 19, 2024  |  Connected Economy

This week featured insights from JOOR CEO Kristin Savilia on the necessity of experiential retail for luxury brands, discussions with One Inc CEO Ian Drysdale...

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Hospitals Cancel Procedures, Find Manual Workarounds Amid Microsoft Outage
Hospitals Cancel Procedures, Find Manual Workarounds Amid Microsoft Outage
July 19, 2024  |  Connected Economy

Hospitals are reportedly among the organizations being hit hard by the Microsoft system outage that began Thursday (July 18). Get the Full Story Complete the form...

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Open Banking Faces Challenges as Banks Urge Delay in New Data Rules
Open Banking Faces Challenges as Banks Urge Delay in New Data Rules
July 19, 2024  |  Bank Regulation

Open banking, as it emerges more fully in the United States, promises to bring personalized services and products to customers, expanding financial access. Get the...

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This Week in AI: From Mini GPTs to Construction Cash Flow
This Week in AI: From Mini GPTs to Construction Cash Flow
July 19, 2024  |  artificial intelligence

As OpenAI unveils its compact GPT-4o mini and pursues human-level reasoning with “Project Strawberry,” AI’s reach expands across industries, sparking innovation and concern. From potentially...

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Restaurants Tinkering With Subscriptions Turn From Freebies to Discounts
Restaurants Tinkering With Subscriptions Turn From Freebies to Discounts
July 19, 2024  |  Subscriptions

As the restaurant industry aims to figure out how to use subscriptions to drive loyalty, some are finding that offering free menu items is not...

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