Microsoft is seeking to boost its video games business with the release of the latest instalment of the Call of Duty franchise on Friday, pushing to increase subscription revenues through the new game to offset falling Xbox console sales. Financial Times: Black Ops 6 is the first of the best-selling series to be launched on the tech giant's Game Pass subscription service. It represents the biggest test of the company's gaming strategy [non-paywalled link] since its $75bn deal to acquire Activision Blizzard -- makers of Call of Duty -- received sign-off from regulators last year. Microsoft hopes that the release will help achieve its target of reaching 110mn Game Pass subscribers by 2030, a substantial rise from 34mn in February this year.

The company has shifted its focus towards its subscription games service as hardware sales have slowed in recent years. Xbox hardware revenue fell 13 per cent year-on-year in Microsoft's fiscal 2024, which ended in June. For the first time this year, subscribers to Game Pass, who can already access a growing library of Xbox titles for as long as they keep paying a monthly fee, will be able to access the latest Call of Duty without having to pay a traditional price of $70 or more for the packaged game. Microsoft is still making the game available to buy on PlayStation, after concerns from regulators during the Activision merger probe that it might make the title exclusive to its own platform.

OFF Radio Krakow sparked controversy by replacing its journalists with AI-generated presenters in an experiment to attract younger audiences. CNN Business reports: Weeks after letting its journalists go, OFF Radio Krakow relaunched this week, with what it said was âoethe first experiment in Poland in which journalists ... are virtual characters created by AI." The station in the southern city of Krakow said its three avatars are designed to reach younger listeners by speaking about cultural, art and social issues including the concerns of LGBTQ+ people. "Is artificial intelligence more of an opportunity or a threat to media, radio and journalism? We will seek answers to this question," the station head, Marcin Pulit, wrote in a statement.

Amazon is shutting down its Amazon Today service, which provided same-day delivery from mall and brick-and-mortar retailers. The program will mostly wind down by December 2, 2024, with select partners fulfilling orders until January 2025. CNBC reports: A small amount of employees will be laid off and provided with severance, while others will be transitioned to other positions within Amazon, the company said. Employees who work on Amazon Today learned the news in a meeting on Monday, where some staffers were informed they would be laid off, the people said. Roughly 300 employees were working on Amazon Today, the people said. Amazon disputed the figure, saying there were approximately 175 employees in the unit. The closure of Amazon Today is the latest example of the company's broader cost-cutting efforts.

Cable companies, advertising firms, and newspapers are asking courts to block a federal "click-to-cancel" rule that would force businesses to make it easier for consumers to cancel services. From a report: Lawsuits were filed yesterday, about a week after the Federal Trade Commission approved a rule that "requires sellers to provide consumers with simple cancellation mechanisms to immediately halt all recurring charges."

Cable lobby group NCTA-The Internet & Television Association and the Interactive Advertising Bureau trade group sued the FTC in the conservative US Court of Appeals for the 5th Circuit. The lawsuit claims the 5th Circuit is a proper venue because a third plaintiff, the Electronic Security Association, has its principal offices in Dallas. That group represents security companies such as ADT.

An anonymous reader shares a report: Members of Congress are raising the alarm about new technology at supermarkets: They say Kroger and other major grocery stores are implementing digital price tags that could allow for dynamic pricing, meaning the sticker price on items like eggs and milk could change regularly. They also claim data from facial recognition technology at Kroger could be considered in pricing decisions.

Kroger denied the claims, saying it has no plans to implement dynamic pricing or use facial recognition software. Walmart also said it had no plans for dynamic pricing, and that facial recognition was not being used to affect pricing, but the company did not specify whether the tool was being used for other purposes. Both Walmart, which has 4,606 U.S. stores, and Kroger, which has nearly 2,800 U.S. stores, also suggested that the effects of digital price tags are being exaggerated, and economic experts say that most grocery bills won't be higher as a result of the tags. Still, data privacy experts have concerns about new technology being implemented at grocery stores broadly.

Goldman Sachs and Apple will pay $89 million in penalties and customer refunds over widespread service failures and deceptive practices in their joint Apple Card venture, U.S. consumer watchdog CFPB said on Wednesday.

The agency found Goldman mishandled credit card disputes while Apple failed to forward thousands of customer complaints. Both companies deceived users about interest-free payment plans for Apple devices, affecting hundreds of thousands of cardholders since the card's 2019 launch. Goldman must pay $64.8 million in fines and refunds, while Apple faces a $25 million penalty. The bank is now barred from issuing new credit cards without regulatory approval.

An anonymous reader shares a report: T-Mobile promised users who bought certain mobile plans that it would never raise their prices for as long as they lived -- but then raised their prices this year. So it's no surprise that 2,000 T-Mobile customers complained to the government about a price hike on plans that were advertised as having a lifetime price lock. "I am still alive and T-Mobile is increasing the price for service by $5 per line. How is this a lifetime price lock?" one customer in Connecticut asked the Federal Communications Commission in a complaint that we obtained through a public records request.

"I am not dead yet," a customer in New York wrote bluntly, saying they had bought a plan with a "guarantee for life." Both of those customers said they purchased T-Mobile's senior plan marketed to people aged 55 and up. While the price hikes apply to customers on various plans regardless of their age, many of the complaints to the FCC came from people in the 55+ age group. Some pointed out that if T-Mobile simply waits long enough, the carrier won't have to serve 55-and-up customers forever.

Applications to MBA programs jumped 12% in 2024, with full-time programs surging 32% to decade-high levels, WSJ is reporting, citing the Graduate Management Admission Council's latest survey. Top-tier U.S. schools reported significant gains, with Columbia Business School seeing a 27% rise and Harvard Business School applications climbing 21%. So what's behind the surge? The story adds: Today, the U.S. job market is strong, and unemployment remains low. But lower wage positions in retail and dining, as well as healthcare and government, have fueled much of the labor market's growth over the past two years.

A white-collar job market downturn that began with tech workers in 2022 has spread to other sectors. Major employers including Goldman Sachs, Lyft, Microsoft and PricewaterhouseCoopers have laid off a combined tens of thousands of workers this year. Hiring for roles that usually require a bachelor's degree dropped below 2019 levels in recent months, according to payroll provider ADP. That slump has been steeper for 20-somethings, who are running into a bottleneck on the lower rungs of the corporate ladder as more established professionals stay put.

Foursquare, one of the App Store's earliest success stories, will shut down its flagship city guide app on December 15 to focus on its check-in service Swarm, the company said. The move reverses Foursquare's controversial 2014 decision to split its platform into two apps: Swarm for check-ins and Foursquare for local recommendations and reviews. The strategy shift comes months after Foursquare laid off over 100 employees. Engadget adds: Foursquare founder Dennis Crowley, who is currently co-chair of the company's board of directors, said in a post on Threads that the company is "doing fine," though he expressed disappointment with the news. "I would be lying if I didn't admit that I have been in a real funk these last few days over this news," he wrote.

An anonymous reader shares a report: Subscription fees for video streaming services have been on a steady incline. But despite subscribers paying more, surveys suggest they're becoming less satisfied with what's available to watch.

At the start of 2024, the industry began declaring the end of Peak TV, a term coined by FX Networks Chairman John Landgraf that refers to an era of rampant content spending that gave us shows like The Wire, Breaking Bad, and Game of Thrones. For streaming services, the Peak TV era meant trying to lure subscribers with original content that was often buoyed by critical acclaim and/or top-tier actors, writers, and/or directors. However, as streaming services struggle to reach or maintain profitability, 2024 saw a drop in the number of new scripted shows for the first time in at least 10 years, FX Research found.

Meanwhile, overall satisfaction with the quality of content available on streaming services seems to have declined for the past couple of years. Most surveys suggest a generally small decline in perceived quality, but that's still perturbing considering how frequently streaming services increase subscription fees. There was a time when a streaming subscription represented an exclusive ticket to viewing some of the best new TV shows and movies. But we've reached a point where the most streamed TV show last year was Suits -- an original from the USA Network cable channel that ended in 2019.

OpenAI and Microsoft will give grants of up to $10 million to bring more AI tools into the newsroom. The grants will go to Chicago Public Media, the Minnesota Star Tribune, Newsday (in Long Island, NY), The Philadelphia Inquirer and The Seattle Times. "Each of the publications will hire a two-year AI fellow to develop projects for implementing the technology and improving business sustainability," reports Engadget. "Three more outlets are expected to receive fellowship grants in a second round." From the report: OpenAI and Microsoft are each contributing $2.5 million in direct funding as well as $2.5 million in software and enterprise credits. The Lenfest Institute of Journalism is collaborating with OpenAI and Microsoft on the project, and announced the news today.

A federal rule banning fake online reviews is now in effect. The Federal Trade Commission issued the rule in August banning the sale or purchase of online reviews. The rule, which went into effect Monday, allows the agency to seek civil penalties against those who knowingly violate it. AP: "Fake reviews not only waste people's time and money, but also pollute the marketplace and divert business away from honest competitors," FTC Chair Lina Khan said about the rule in August. She added that the rule will "protect Americans from getting cheated, put businesses that unlawfully game the system on notice, and promote markets that are fair, honest, and competitive."

Companies hiring specialized AI talent are seeing better stock market returns, according to new Barclays research. Analysis shows firms with higher ratios of specialized AI roles to general IT positions outperformed the market, with the top quintile returning 31.78% since October 2023, beating the S&P 500 Equal Weighted index. The findings suggest that targeted recruitment of "wonky IT people" with specific skills in natural language processing, computer vision, and specialized frameworks like TensorFlow could be a subtle indicator of future stock performance, offering investors a new lens for identifying companies poised to capitalize on AI productivity gains.

An anonymous reader quotes a report from Ars Technica: 37Signals is not a company that makes its policy or management decisions quietly. The productivity software company was an avowedly Mac-centric shop until Apple's move to kill home screen web apps (or Progressive Web Apps, or PWAs) led the firm and its very-public-facing co-founder, David Heinemeier Hansson, to declare a "Return to Windows," followed by a stew of Windows/Mac/Linux. The company waged a public battle with Apple over its App Store subscription policies, and the resulting outcry helped nudge Apple a bit. 37Signals has maintained an active blog for years, its co-founders and employees have written numerous business advice books, and its blog and social media posts regularly hit the front pages of Hacker News.

So when 37Signals decided to pull its seven cloud-based apps off Amazon Web Services in the fall of 2022, it didn't do so quietly or without details. Back then, Hansson described his firm as paying "an at times almost absurd premium" for defense against "wild swings or towering peaks in usage." In early 2023, Hansson wrote that 37Signals expected to save $7 million over five years by buying more than $600,000 worth of Dell server gear and hosting its own apps.

Late last week, Hansson had an update: it's more like $10 million (and, he told the BBC, more like $800,000 in gear). By squeezing more hardware into existing racks and power allowances, estimating seven years' life for that hardware, and eventually transferring its 10 petabytes of S3 storage into a dual-DC Pure Storage flash array, 37Signals expects to save money, run faster, and have more storage available. "The motto of the 2010s and early 2020s -- all-cloud, everything, all the time -- seems to finally have peaked," Hansson writes. "And thank heavens for that!" He adds the caveat that companies with "enormous fluctuations in load," and those in early or uncertain stages, still have a place in the cloud.

Disney has appointed former Morgan Stanley CEO James Gorman to replace Nike Executive Chairman Mark Parker as board chairman starting in January 2024, "as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026," reports CNBC. Iger's contract has been extended until the end of 2026 to ensure the company finds the right fit. CNBC reports: Gorman joined Disney's board less than a year ago and was named the head of the succession planning committee in August. He will continue to lead that committee after he takes over as board chairman from Nike Executive Chairman Parker. "The Disney board has benefited tremendously from James Gorman's expertise and guidance, and we are lucky to have him as our next chairman -- particularly as the board continues to move forward with the succession process," Iger said in a statement. "I'm extremely grateful to Mark Parker for his many years of board service and leadership, which have been so valuable to this company and its shareholders, and to me as CEO." [...]

Disney had initially targeted 2025 to announce a successor, as CNBC reported last year. Pushing the date back to early 2026 will give the board more time to conduct due diligence on both internal and external candidates, according to people familiar with the matter, who asked not to be named because the discussions are private.

An anonymous reader quotes a report from the Hollywood Reporter: A production company for Blade Runner 2049 has sued (PDF) Tesla, which allegedly fed images from the movie into an artificial intelligence image generator to create unlicensed promotional materials. Alcon Entertainment, in a lawsuit filed Monday in California federal court, accuses Elon Musk and his autonomous vehicle company of misappropriating the movie's brand to promote its robotaxi at a glitzy unveiling earlier this month. The producer says it doesn't want Blade Runner 2049 to be affiliated with Musk because of his "extreme political and social views," pointing to ongoing efforts with potential partners for an upcoming TV series.

The complaint, which brings claims for copyright infringement and false endorsement, also names Warner Bros. Discovery for allegedly facilitating the partnership. "Any prudent brand considering any Tesla partnership has to take Musk's massively amplified, highly politicized, capricious and arbitrary behavior, which sometimes veers into hate speech, into account," states the complaint. "Alcon did not want BR2049 to be affiliated with Musk." [...] The lawsuit cites an agreement, the details of which are unknown to Alcon, for Warners to lease or license studio lot space, access and other materials to Tesla for the event. Alcon alleges that the deal included promotional elements allowing Tesla to affiliate its products with WBD movies. WBD was Alcon's domestic distributor for the 2017 release of Blade Runner 2049. It has limited clip licensing rights, though not for Tesla's livestream TV event, the lawsuit claims.

Alcon says it wasn't informed about the brand deal until the day of the unveiling. According to the complaint, Musk communicated to WBD that he wanted to associate the robotaxi with the film. He asked the company for permission to use a still directly from the movie, which prompted an employee to send an emergency request for clearance to Alcon since international rights would be involved, the lawsuit says. The producer refused, spurring the creation of the AI images. [...] Alcon seeks unspecified damages, as well as a court order barring Tesla from further distributing the disputed promotional materials. Musk referenced Denis Villeneuve's Blade Runner movie during the robotaxi event. "You know, I love Blade Runner, but I don't know if we want that future," he said. "I believe we want that duster he's wearing, but not the, uh, not the bleak apocalypse."

I, Robot director Alex Proyas also took to X last week, writing: "Hey Elon, Can I have my designs back please?"

Researchers at the United States Geological Survey and the Arkansas government announced on Monday that they had found a trove of lithium, a critical raw material for electric vehicle batteries, in an underground brine reservoir in Arkansas. From a report: With the help of water testing and machine learning, the researchers determined that there might be five million to 19 million tons of lithium -- more than enough to meet all of the world's demand for the metal -- in a geological area known as the Smackover Formation. Several companies, including Exxon Mobil, are developing projects in Arkansas to produce lithium, which is dissolved in underground brine.

Energy and mining companies have long produced oil, gas and other natural resources in the Smackover, which extends from Texas to Florida. And the federal and state researchers said lithium could be extracted from the waste stream of the brines from which companies extracted other forms of energy and elements. The energy industry, with the Biden administration's encouragement, has been increasingly working to produce the raw materials needed for the lithium-ion batteries in the United States. A few projects have started recently, and many more are in various stages of study and development across the country.

Most of the world's lithium is produced in Australia and South America. A large majority of it is then processed in China, which also dominates the manufacturing of electric vehicle batteries. "The potential for increased U.S. production to replace imports has implications for employment, manufacturing and supply chain resilience," David Applegate, the director of the United States Geological Survey, said in a statement announcing the study. "This study illustrates the value of science in addressing economically important issues."

Baidu CEO Robin Li has proclaimed that hallucinations produced by large language models are no longer a problem, and predicted a massive wipeout of AI startups when the "bubble" bursts. From a report: "The most significant change we're seeing over the past 18 to 20 months is the accuracy of those answers from the large language models," gushed the CEO at last week's Harvard Business Review Future of Business Conference. "I think over the past 18 months, that problem has pretty much been solved -- meaning when you talk to a chatbot, a frontier model-based chatbot, you can basically trust the answer," he added.

Li also described the AI sector as in an "inevitable bubble," similar to the dot-com bubble in the '90s. "Probably one percent of the companies will stand out and become huge and will create a lot of value or will create tremendous value for the people, for the society. And I think we are just going through this kind of process," stated Li. The CEO also guesstimated it will be another 10 to 30 years before human jobs are displaced by the technology. "Companies, organizations, governments and ordinary people all need to prepare for that kind of paradigm shift," he warned.

Intuit, the maker of TurboTax software, asked technology news outlet The Verge to delete part of a podcast interview with CEO Sasan Goodarzi, The Verge reported on Monday. The request came after Goodarzi was questioned about Intuit's lobbying efforts against free government tax filing options, a topic that has drawn scrutiny from regulators and lawmakers.

The Verge said it declined to remove the segment, instead choosing to highlight the exchange by playing it at the beginning of the episode. In the interview, Goodarzi disputed claims that Intuit lobbies against free tax filing, stating the company spends "a couple of million dollars fighting for simplified taxes." However, The Verge's editor Nilay Patel pressed Goodarzi on reports of Intuit's lobbying against government-provided tax returns. Patel adds: I got a note from Rick Heineman, the chief communications officer at Intuit, who called the line of questioning and my tone "inappropriate," "egregious," and "disappointing" and demanded that we delete that entire section of the recording. I mean, literally -- he wrote a long email that ended with "at the very least the end portion of your interview should be deleted."

Though Sam Altman once called OpenAI's partnership with Microsoft "the best bromance in tech," now "ties between the companies have started to fray" reports the New York Times — citing interviews with 19 people "familiar with the relationship". [Alternate URL here.]

Among other things, Satya Nadella "has said privately that Altman's firing in November shocked and concerned him, according to five people with knowledge of his comments. Since then, Microsoft has started to hedge its bet on OpenAI," and reconsidered new investments beyond its initial $13 billion — even as OpenAI expects to lose $5 billion this year That tension demonstrates a key challenge for AI startups: They are dependent on the world's tech giants for money and computing power because those big companies control the massive cloud computing systems the small outfits need to develop AI... Over the past year, OpenAI has been trying to renegotiate the deal to help it secure more computing power and reduce crushing expenses while Microsoft executives have grown concerned that their AI work is too dependent on OpenAI... [I]n March, Microsoft paid at least $650 million to hire most of the staff from Inflection, an OpenAI competitor...

In June, Microsoft agreed to an exception in [OpenAI's] contract, six people with knowledge of the change said. That allowed OpenAI to sign a roughly $10 billion computing deal with Oracle for additional computing resources, according to two people familiar with the deal. Oracle is providing computers packed with chips suited to building AI, while Microsoft provides the software that drives the hardware... While it was looking for computer power alternatives, OpenAI also raced to broaden its investors, according to two people familiar with the company's plan. Part of the plan was to secure strategic investments from organizations that could bolster OpenAI's prospects in ways beyond throwing around money. Those organizations included Apple, chipmaker Nvidia, and MGX, a tech investment firm controlled by the United Arab Emirates... Earlier this month, OpenAI closed a $6.6 billion funding round led by Thrive Capital, with additional participation from Nvidia, MGX and others. Apple did not invest, but Microsoft also participated in the funding round.

OpenAI expected to spend at least $5.4 billion in computing costs through the end of 2024, according to documents reviewed by The New York Times. That amount was expected to skyrocket over the next five years as OpenAI expanded, soaring to an estimated $37.5 billion in annual computing costs by 2029, the documents showed... Still, OpenAI employees complain that Microsoft is not providing enough computing power, according to three people familiar with the relationship. And some have complained that if another company beat it to the creation of AI that matches the human brain, Microsoft will be to blame because it hasn't given OpenAI the computing power it needs, according to two people familiar with the complaints.

Oddly, that could be the key to getting out from under its contract with Microsoft. The contract contains a clause that says that if OpenAI builds artificial general intelligence, or AGI — roughly speaking, a machine that matches the power of the human brain — Microsoft loses access to OpenAI's technologies.