Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions
Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions

JPMorgan Chase has cut jobs by as much as 40 percent in some parts of the bank using artificial intelligence, CEO Jamie Dimon told analysts during the company’s second-quarter earnings call on Tuesday. But investors hoping the technology will dramatica…

Meta’s Adam Mosseri says AI token budgets could soon be capped per engineer

Instagram head Adam Mosseri believes companies will eventually need to manage AI token spending the same way they manage payroll or other operating expenses, predicting that engineers could soon face limits on how much they spend using AI tools.

The Commoditization Of The Car Engine: How Horse Powertrain Is Carving Out A Niche No One Else Wanted

Matias Giannini, CEO of Horse Powertrain, is urging OEMs to outsource Powertrain development and focus on the brand and software as the engine becomes a commodity.

India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO
India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO

Indian B2B ecommerce platform Udaan has secured $160 million in a funding round that combines fresh equity from a new investor, additional debt, and the conversion of existing convertible bonds into equity, according to Bloomberg. Lightspeed Venture Pa…

Pebble Flow electric RV towed by TELO’s MINI-sized electric truck
Pebble Flow electric RV towed by TELO’s MINI-sized electric truck

Pebble has answered its most common customer question — what’s the smallest vehicle that can tow the Flow electric travel trailer — with a MINI Cooper-sized electric pickup.
The company posted photos of TELO’s MT1 electric truck pulling its full-size, …

The Hidden Danger Behind The Viral Squishy Toy Trend

A dangerous viral trend is sending children to burn units after they microwave gel-filled “squishy” toys like NeeDoh and Jelly Cubes.

The OLED Xbox Ally X20 is so good, Asus will sell it solo
The OLED Xbox Ally X20 is so good, Asus will sell it solo

When I first told you about the “OLED Xbox Ally X of my dreams,” I had to curb my enthusiasm a bit. That’s partly because I hadn’t yet tried the handheld myself, and partly because Asus was only planning to sell it bundled with a pair of expensive AR glasses! I’m happy to say both […]

YouTube and X Have Become ‘Gateways’ to Nudify Apps

A new study found that social media platforms are referring people to sites where they can create nonconsensual, sexually explicit deepfakes for as little as $1 an image.

How to watch The Great British Sewing Bee season 12 online for FREE – stream cosy competition from anywhere
How to watch The Great British Sewing Bee season 12 online for FREE – stream cosy competition from anywhere

New host Sophie Willan welcomes 12 more contestants to battle it out for the title of most sensational seamster. Here’s how to watch The Great British Sewing Bee season 12 online from anywhere.

‘A single entry point can rapidly expand to greater enterprise impacts’: Microsoft introduces changes to tackle ShinyHunters

Greater visibility, better detection, and stronger governance over OAuth-connected applications should mitigate ShinyHunters attacks.