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Spotify’s founder and CEO Daniel Ek is stepping down | TechCrunch
Music streaming giant Spotify said on Tuesday that its founder, Daniel Ek, is stepping down as CEO and will become the company’s executive chairman by the year’s end. The company is replacing Ek with two co-CEOs chosen in house: Gustav Söderström, co-president and chief product and technology officer, andAlex Norström, co-president and chief business officer….
UK finance firm Hargreaves Lansdown hit by IT failure
Another client of the firm, Gerardo Vece, from Buckinghamshire, told the BBC: “I have oil and gas investments which are leveraged and designed to be held for less than one day, so they are very volatile right now, and I can’t trade them online or over the phone or even access my account.”
AWS launches new Nova AI models and a service that gives customers more control | TechCrunch
Amazon Web Services is rolling out a slate of new homegrown AI models and a service for enterprise customers to build their own custom versions. The cloud provider launched Nova 2, a fleet of four new AI models to its Nova model family, during AWS CEO Matt Garman’s AWS re:Invent keynote on Tuesday. The first…
Thames Water given lowest one star rating for repeated sewage spills
Thames Water has been given a one star rating for its poor environmental performance by the Environment Agency (EA) in 2024, as part of a scathing assessment of England’s water companies. All but one of the nine English water and sewerage companies were rated as “requiring improvement” – or worse – by the EA, in…
The backlash over OpenAIs decision to retire GPT-4o shows how dangerous AI companions can be | TechCrunch
OpenAI announced last week that it will retire some older ChatGPT models by February 13. That includes GPT-4o, the model infamous for excessively flattering and affirming users. For thousands of users protesting the decision online, the retirement of 4o feels akin to losing a friend, romantic partner, or spiritual guide. “He wasn’t just a program….
