Fast company - tech

Spotify stock price jumps as Daniel Ek’s ‘year of monetization’ begins with record profits

Spotify shares (ticker: SPOT) are spiking in premarket trading as of the time of this writing. The stock price jump comes after Spotify reported Q1 2024 results, with the company boasting that it achieved record profitability in the quarter. Currently, Spotify shares are trading up nearly 6.5% to just above $290 per share.

For its Q1 2024, Spotify said it had “a solid start to the yea

Experts weigh in on the best way to prepare teams for AI

The rapid workplace adoption of artificial intelligence demands new skills and a totally fresh approach to preparing your team. Circumventing the growing pains of AI calls for creativity.

Businesses are making AI accessible by integrating it seamlessly into daily workflows. As Michael Maximoff of Belkins highlights: “Staying ahead with AI is woven into our daily operations. We use Slack for ongoing communication, regularly sharing updates about new AI tools that could benefit

AI could further complicate this crucial tipline for online child exploitation. Here’s why

A tipline set up 26 years ago to combat online child exploitation has not lived up to its potential and needs technological and other improvements to help law enforcement go after abusers and rescue victims, a new report from the Stanford Internet Observatory has found.

The fixes to what the researchers describe as an “enormously valuable” service must also come urgently as new artificial intelligence technology th

Russia convicts Meta spokesperson over comments related to the War in Ukraine

A court in Russia on Monday convicted the spokesperson of U.S. technology company Meta, which owns Facebook and Instagram, of justifying terrorism and sentenced him to six years in prison in a swift trial in absentia, Russia’s independent news site Mediazona reported.

According to the outlet, the charges against Meta communications director Andy Stone stem from his remarks i

Apple quietly beefs up its AI division with acquisition of French startup

Apple is far from the loudest voice in the world of artificial intelligence right now, but that doesn’t mean it’s planning to sit out the fight.

The company quietly acquired Paris-based AI startup Datakalab in December, according to a report from French business magazine Chall

Tesla stock slumps again after troubled EV maker cuts prices ahead of earnings report

It was a big weekend for Tesla, with the company announcing price drops on a number of its vehicles as well as its full self-driving software. That news has raised concerns with investors leading to a more than 5% drop in the company’s stock price Monday, ahead of its Tuesday earnings call.

On Saturday, Tesla announced a $2,000 price cut on its Model Y, Model S, and Model X vehicles. The price drop brings the Model Y to its lowest price yet after taking into account the federal EV

Japan’s FTC orders Google to fix keyword search undermining fair competition with Yahoo

Japan’s antitrust watchdog said Monday that U.S. search giant Google must fix its advertising search restrictions affecting Yahoo in Japan.

The Japan Fair Trade Commission said in a statement that its recent study of Google’s practices showed it was undermining fair compet

Don’t call it a jet pack: Here’s how the Pentagon is finally getting troops to fly

The U.S. military is poised to take American service members to new heights—literally.

Fast Company has learned that the Defense Department is actively testing brand-new, all-electric personal flight systems with the help of a handful of defense contractors. These systems will purportedly make individual troops capable of independent flight without requiring a lift from transport aircraft to reach their target, finally fulfilling the Pentagon’s decades-long dream of making

‘Silicon Zanzibar’ lost one of its main companies. Can Tanzania still make it Africa’s tech hub?

The mere mention of Zanzibar evokes images of sun-kissed beaches, pristine water and year-round sunshine. The picturesque island off the coast of Tanzania in east Africa has long been a celebrated tourist hotspot. But in recent years, the country has been orchestrating a shift in the island’s identity in an effort to christen it Silicon Zanzibar—Africa’s tech capital. 

To enable tech’s growth in Zanzibar, the country is rolling out multiple incentives to attract Pan-African t

Why streaming platforms are scrubbing the soundtracks from your favorite shows

Over the last few years, I’ve begun to experience a very unique kind of personal Mandela effect familiar to anyone born before the 21st century. When I watch old TV shows, I discover they don’t really sound the same. The issue isn’t the dialogue, it’s the music.

I first noticed this during an extremely ill-advised How I Met Your Mother rewatch on Netflix before the pandemic, and have since encountered it again when revisiting  X-Files, Buffy The Va


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