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Science and Technology

The young people have spoken: wallets are not cool.  Go digital.

The young people have spoken: wallets are not cool. Go digital.

Related media - Recent news In a survey that asked just over 2,500 Americans about digital payments, about 80% of Gen Z respondents said they use mobile wallets, and among them, half were eager to use their phone much more than pay, according to recent data. from Pymnts Intelligence, a research firm that studies trade. Younger people are increasingly using their phones for purposes that older adults would use a traditional wallet for, such as carrying around documents like driver's licenses, boarding passes and event tickets. Some of these digital items can be added to Apple and Google's Wallet apps,…
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Elon Musk got 72% in Tesla shareholder vote on pay

Elon Musk got 72% in Tesla shareholder vote on pay

Related media - News 24 hours With the pay package, Musk would own 20.5% of Tesla, up from about 13%. He has said he would like a 25% stake, stressing in January that it would be "quite influential, but not so much that it can't be overthrown." If he didn't get such a large stake, he said, "he would rather build products outside of Tesla." Even after this week's rally, Tesla shares are down more than 20% this year, compared with a 14% gain in the broader stock market. The company remains by far the most valuable auto company, with…
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In Race to Build A.I., Tech Plans a Big Plumbing Upgrade

In Race to Build A.I., Tech Plans a Big Plumbing Upgrade

Associated media - Related media If 2023 was the tech industry’s year of the A.I. chatbot, 2024 is turning out to be the year of A.I. plumbing. It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry’s A.I. boom. Companies from Amazon to Meta are revamping their data centers to support artificial intelligence. They are investing in huge new facilities, while even places like Saudi Arabia are racing to build supercomputers to handle A.I. Nearly everyone with a foot in tech or giant piles of money, it seems,…
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Apple Vision Pro Review: First Headset Lacks Polish and Purpose

Apple Vision Pro Review: First Headset Lacks Polish and Purpose

Associated media - Related media About 17 years ago, Steve Jobs took the stage at a San Francisco convention center and said he was introducing three products: an iPod, a phone and an internet browser. “These are not three separate devices,” he said. “This is one device, and we are calling it iPhone.” At $500, the first iPhone was relatively expensive, but I was eager to dump my mediocre Motorola flip phone and splurge. There were flaws — including sluggish cellular internet speeds. But the iPhone delivered on its promises. Over the last week, I’ve had a very different experience…
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OpenAI Seeks to DismissParts of The New York Times’s Lawsuit

OpenAI Seeks to DismissParts of The New York Times’s Lawsuit

Connected media - Linked media Representatives for OpenAI and the Times Company did not immediately respond to requests for comment. The motion asked the court to dismiss four claims from The Times’s complaint to narrow the focus of the lawsuit. OpenAI’s lawyers argued that The Times should not be allowed to sue for acts of reproduction that occurred more than three years ago and that the paper’s claim that OpenAI violated the Digital Millennium Copyright Act, an amendment to U.S. copyright law passed in 1998 after the rise of the internet, was not legally sound. The Times was the first…
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Apple’s Vision Pro Headset Costs Closer to ,600 With Necessary Add-Ons

Apple’s Vision Pro Headset Costs Closer to $4,600 With Necessary Add-Ons

Connected media - Associated media The $1,000 base model of the Surface Laptop 5 comes with only eight gigabytes of memory, but most people are likely to need double that to smoothly run the latest Windows operating system and new apps and games. The model that includes 16 gigabytes costs an extra $500. Samsung Phone Samsung’s new high-end smartphone, the Galaxy S24 Ultra, has a starting price of $1,300. But it’s more realistically a $1,540 phone. In the last five years, many smartphone makers, including Apple, Google and Samsung, stopped shipping phones with basic accessories like earphones and charging bricks,…
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