Science and Technology

Related media - Breaking 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,…

Related media - Latest news 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 a…

Related media - Latest news California lawmakers last month advanced about 30 new AI measures aimed at protecting consumers and jobs, one of the largest efforts yet to regulate the new technology. The bills aim to impose the toughest nationwide restrictions on artificial intelligence, which some technologists warn could kill entire categories of jobs, throw elections into chaos with misinformation and pose national security risks. California's proposals, many of which have won broad support, include rules to prevent AI tools from discriminating in housing and health services. They also aim to protect intellectual property and jobs. The California Legislature, which…

Connected 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,…