Month: July 2023

CNBC: Microsoft stock pops after it announces $30 per month A.I. subscription for Microsoft 365

CompuScoop Staff July 19, 2023 0

[CNBC]: Microsoft shares rose as much as 5.8% Tuesday after the company announced a new artificial intelligence subscription service for Microsoft 365. The company will charge users an additional $30 per month for the use of generative AI with tools such as Teams, Excel and Word.

Adding on the subscription to Copilot, a generative AI assistant that works across Microsoft 365 programs, could increase monthly prices for enterprise customers as much as 83%. Copilot’s capabilities include ranking incoming emails, summarizing meetings, analyzing spreadsheet data, offering writing prompts and designing presentations, according to Microsoft.

The updates come as the race to offer consumer-driven generative AI tools heats up among tech giants such as Microsoft, Google, IBM and more.

“It’s grounded in your business data in the Microsoft Graph — that’s all your emails, calendar, chats, documents and more,” Microsoft wrote in a release, adding that the tool abides by a user’s preset security, privacy and compliance policies for Microsoft 365.

The tool is currently in early testing stages with 600 enterprise customers, such as Goodyear and General Motors. Microsoft has not announced a timeline for its public rollout.

The company also announced a significant update to Bing Chat, its AI chatbot, on Tuesday: visual search. Users can now take or upload a photo to Bing Chat and ask for more information on it through the desktop or Bing apps.

Peacock sends emails to subscribers about price changes

Dan Uff July 18, 2023 2

Streaming service Peacock has sent notices to its subscribers about new prices for their services.

The price chart is below:

Twitter loosing half of its ad revenue and more

Dan Uff July 17, 2023 0

Twitter's owner Ellon Musk has confirmed that the social media network that advertising revenue and a heavy debt has hampered the social media company to become profitable.

Back ins March of this year, Musk offered a prediction that Twitter had a chance of being cash flow positive by the second half of 2023. A recent Tweet from Musk admitted that the social media network hasn't met that mark.

When asked, Musk told followers:

"We're still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load, and that Twitter needs to reach positive cash flow before we have the luxury of anything else."

The problem also stems from the social media network loosing 50% of the ad revenue over the past few months, which according to popular YouTube.com bloggers Clownfish TV has also hit other major online companies and services such as Google.com and news blogs and even shuttering some popular ones along the way because the ad revenue isn't there anymore due to cost cutting measures that large and even small companies are now taking to save monies due to the financial downturn of recent months.