Michael Simon, staff writer for PCWorld, discusses President Obama's comments in an interview with Prince Harry where he warned against the misuse of social media, hinting at leaders that use platforms to divide and spread misinformation.
Simon discusses how news outlets play to their specific partisan audiences, MSNBC to its liberal viewers and Fox to conservatives. Simon predicts that the shift will be to more opinion-based news as opposed to fact-based sources. And in this age of targeted advertising, that is what works
Meanwhile, Vladimir Putin is putting new laws in place that will oversee use of the internet in his country. The Russian president has acknowledged that he will be monitoring the activity of certain companies more closely as they head into the upcoming Russian election.
Amazon says it had its best Prime Day sales event ever this week with $14.2 billion spent online on Tuesday and Wednesday, up 11% compared to last year.
Robo Global indexes integrate robotics, AI, and healthcare tech, showcasing AI's role in advancing robotic applications and sustaining market resilience.
Despite economic concerns and a cooling labor market, construction shows resilience, with 27,000 new jobs created and a decreased unemployment rate of 3.3%.
