Tech industry

Tech industry

People working at the front and back offices of banks are going to have wildly different experiences with AI, says Sopnendu Mohanty, the group CEO of the global advisory and investment firm GFTN. He told Business Insider that the disruption posed by AI will depend on whether one works in a bank's front, middle, or back office. "Front is all for the customer. The middle is all for the bank, and the back is just for processing all the activity," Mohanty said.

A Tesla Diner location could be coming to Palo Alto, as suggested in a recent post on X from Elon Musk. The world's richest person who is poised to become the world's first trillionaire posted on Oct. 31 that, The futuristic Tesla Diner is going well. Probably makes sense to open one near our Giga Texas HQ in Austin and engineering HQ in Palo Alto.

And the stakes were high; if he didn't get that control, he threatened to leave. Shareholders simply could not, did not want to imagine Tesla without Elon. All of that money, power, and control increases for Musk if Tesla reaches milestones based on operations, adjusted profit, and market capitalization. Every tranche, if the goal is reached, will deliver 35.3 million shares to Musk. For instance, the first tranche milestone is a market capitalization of $2 trillion.

While most people think of Amazon as an e-commerce powerhouse (and it is), it has other segments that are driving most of the growth investors are excited about. One area that emerged in recent years is Amazon's ad segment. Because consumers come straight to Amazon's website to shop for goods, it is sitting on a goldmine of advertising data. Amazon has taken this gold mine and transformed itself into an advertising powerhouse.

This week, meet a reader we'll Regomize as "Mason" who told us that in the mid-1990s he worked as a Unix administrator for a daily newspaper which decided to start a new business as a dialup internet service provider (ISP). The ISP was set up as a separate department with its own help desk and server administrators, but Mason was sometimes called in to help because the Unix boxes he managed handled jobs like dialup authentication and DNS.

The agreement, pending approval by Judge James Donato, builds on a prior injunction that required Google to allow rival app stores within its Play Store and prohibited the mandatory use of Google Play Billing. While those earlier measures were limited to the US and set to expire after three years, the new proposal extends globally through June 2032 and introduces a framework for "Registered App Stores" with reduced fees and easier installation.

That brings MSFT's year-to-date gain to 21.26%, including a more than 43% gain since its year -to-date low on April 8. When the Magnificent Seven member reported Q3 earnings on Oct. 29, shares fell despite beating on EPS and revenue. The company announced earnings of $3.72 per share versus analysts' expectations of $3.67, and quarterly revenue of $77.67 billion versus analysts' expectations of $75.33 billion.

Google is testing replacing the definitions box in the search results with AI Overviews. I am personally able to replicate this but this was posted in Reddit a couple of months ago - I didn't think it was new, but yea, this is been an ongoing test for some time. Here is a side-by-side of a definition in Google Search powered by AI Overviews versus its normal system: Here it is on desktop as an AI Overview: Here it is on desktop as it normally is:

The white paper suggests that fiber broadband is the best overall solution for three reasons. The first is that it is more reliable, has greater capacity and lower latency than other communications platforms. Fiber is also more resistant to congestion, weather and line-of-sight limitations. And, finally, fiber is better positioned to support emerging technologies such as artificial intelligence (AI) and - though the white paper doesn't mention it - the Internet of Things.

With no official announcement, Google has launched a digital gift card store where you can purchase cards from dozens of different retailers, including restaurants, beauty, entertainment, home, and more. To access the shop, you can go directly to this link or search "gift cards" in the Play Store (you will see some apps pop up if you choose the latter option, but look for a "Find the perfect gift on Google Play" banner). You can only access the store through an Android device, though. When I tried to access it on my computer, I got a message that it wasn't available.