Peloton (PTON) Q2 2023 results

Peloton (PTON) Q2 2023 results

Brody Longo trains on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michel Loccisano | Getty Images Platoon said Wednesday its net loss was down year-over-year and for the third straight quarter, subscription revenue exceeded sales of the company’s connected fitness products. CEO Barry McCarthy called the results a possible “turning … Read more

Opinion: Snap stock lost the one thing it had going for it

Opinion: Snap stock lost the one thing it had going for it

Snap Inc.’s life as a young, high-growth tech stock is over, and its rivals are about to show just how much this change means to Snapchat. “Based on our recent conversations with our partners, it appears that ad demand hasn’t really improved, but it hasn’t worsened significantly either,” said Snap co-founder and chief executive Evan. … Read more

Hong Kong criminalizes CBD as a ‘dangerous drug’ alongside heroin

Hong Kong criminalizes CBD as a ‘dangerous drug’ alongside heroin

hong kong CNN — Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, was popping up in cafes, restaurants and stores, with companies keen to join an exciting new market that was already well established in countries around the world. This all came to an end on Wednesday, when CBD … Read more

World’s richest man helps Lotus go public

World’s richest man helps Lotus go public

Photo: Lotus Elon Musk no longer the richest man in the worldaccording to Forbes. Bernard Arnault, Chairman of LVMH — them conglomerate behind luxury brands like Louis Vuitton, Hennessy, Bulgari and many more brands you see in overpriced airport shops — is. Bloomberg said tuesday that a firm linked to LVMH will merge with Lotus … Read more

Linda Ronstadt ‘Long, Long Time’ Soars After ‘Last of Us’ Episode

Linda Ronstadt ‘Long, Long Time’ Soars After ‘Last of Us’ Episode

CNN — Linda Ronstadt’s “Long, Long Time” appeared not once but three times on Sunday’s episode of “The Last of Us.” And fans of HBO’s latest hit were clearly moved by Ronstadt’s song, as streams of his ballad have skyrocketed since the episode premiered. Between 11 p.m. ET and midnight Sunday, Spotify streams of “Long, … Read more

Boeing bids farewell to an icon and delivers the last 747 jumbo jet

Boeing bids farewell to an icon and delivers the last 747 jumbo jet

SEATTLE (AP) — Boeing bid farewell to an icon on Tuesday, delivering its latest 747 jumbo jet as thousands of workers who have helped build the planes for the past 55 years look on. Since its first flight in 1969, the giant but graceful 747 has served as a cargo plane, a commercial aircraft capable … Read more

Stocks move a lot after hours: SNAP, EA, AMD, WDC

Stocks move a lot after hours: SNAP, EA, AMD, WDC

The Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland, August 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Find out which companies are making headlines after hours. Break – Shares of social media company Snap fell 14% after the … Read more

US blocks renewal of China’s Huawei export licenses

US blocks renewal of China’s Huawei export licenses

BEIJING (AP) — The Chinese government on Tuesday accused Washington of pursuing “tech hegemony,” as the United States began to step up pressure on tech giant Huawei. by blocking access to US suppliers. The Biden Administration stopped approving license renewals for some US companies that sold key components to the Chinese company, according to two … Read more

ChatGPT maker OpenAI releases tool to detect AI-written text

ChatGPT maker OpenAI releases tool to detect AI-written text

OpenAI CEO Sam Altman walks out of lunch during the Allen & Company Sun Valley Conference on July 6, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images Artificial intelligence research startup OpenAI on Tuesday showed off a tool designed to determine whether text is human-generated or computer-written. The release … Read more

ChatGPT creator deploys ‘flawed’ tool to help teachers spot potential fraud

ChatGPT creator deploys ‘flawed’ tool to help teachers spot potential fraud

CNN — Two months after OpenAI pissed off some educators with the public release of ChatGPT, an AI chatbot that can help students and professionals generate surprisingly compelling essays, the company is unveiling a new tool to help teachers adapt. OpenAI announced on Tuesday a new feature, called “AI Text Classifier”, which allows users to … Read more