Reed Hastings, one of the founders of Netflix, is stepping down as co-chief executive. He will become the company's executive chairman. Greg Peters, the company’s chief product and chief operating officer, will take over as a co- chief executive.
Infinitely scalable, generative AI is already disrupting the way we approach content creation and marketing. From creating personalized content to predicting customer behavior, AI technologies are changing the industry as we know it. But with every change comes uncertainty. Will creatives thrive? Or will it suffer? How will our work change in the future? What does the future hold for companies that want to stay ahead of the competition?
More than 18,000 users were affected by a glitch in Microsoft's (MS) 365 products, which includes office software such as Word, Excel, and Outlook. In response, Microsoft said it was investigating a OneDrive outage that left some users unable to access the cloud file storage service. This is at least the third time this year that MS products have suffered major outages, media outlets said.
aker Tesla is reportedly considering investing in a car factory in Spain to establish a new manufacturing base in Europe. According to Reuters, a Spanish government spokesperson did not provide the exact name of the proposed investment, but the same day, Spanish business daily Cinco Días reported that it was Tesla, citing multiple sources. Tesla is reportedly considering setting up a car factory in the province of Valencia, and the total investment could be as much as 4.5 billion euros (about $6 billion).
Mark Zuckerberg, CEO of Facebook's parent company MetaPlatform, criticized Apple's Vision Pro mixed reality (MR) headset on Friday. "I was really curious to see what they (Apple) would come up with, and they didn't have a solution to a physical law that we haven't studied yet," he said of Apple's Vision Pro during an all-hands meeting. "That's a better sign of our progress," he said. The implication is that there's nothing special about the Vision Pro that Metz wasn't aware of, and he's expressing confidence that the company is ahead of the curve when it comes to VR devices.