Fisker Announces More Layoffs as Bankruptcy Looms
Fisker is facing severe financial difficulties as it announces further layoffs and the potential for bankruptcy within the next month unless it secures additional funding. This development follows the recent…
X Set to Launch Dedicated TV App for Video Content
X, previously known as Twitter, is poised to introduce a new TV application dedicated to video content, aiming to enhance viewer engagement through a smart TV platform. Announced by CEO…
Hackers Release Source Code of El Salvador’s Official Bitcoin Wallet
In a significant cybersecurity breach, El Salvador’s state-operated Bitcoin wallet, Chivo, has become the target of hackers who have released part of its source code. The hacker group, known as…
Stainless Aids OpenAI, Anthropic, and Others to Develop API SDKs
Alex Rattray, a former Stripe engineer and University of Pennsylvania economics graduate, has launched Stainless, a platform designed to generate software development kits (SDKs) for APIs across multiple programming languages.…
Amazon Subtly Introduces Bazaar, an Affordable Fashion Outlet in India
In a strategic move to cement its presence in one of the world’s most vibrant e-commerce landscapes, Amazon has discreetly rolled out Bazaar, a dedicated storefront within its India Android…
Amazon Unveils New Grocery Delivery Subscription in the US
Amazon has introduced a new grocery delivery subscription service for its Prime members and those with an EBT card in the United States. The service is available in over 3,500…
HP Faces Class Action Lawsuit Over Printer Firmware Updates Limiting Ink Choices
Tech giant HP is currently embroiled in a class action lawsuit, with plaintiffs alleging that the company implemented firmware updates to their printers that prevent the use of third-party ink…
Scaramucci Predicts Bitcoin’s Bright Future, Sees Potential for $800K Value
During a recent interview on CNBC, hedge fund veteran Anthony Scaramucci shared his optimistic outlook for Bitcoin, reflecting on its technological strengths and future price potential. Known for his extensive…
LinkedIn Challenges TikTok and Instagram in the Influencer Arena
LinkedIn is taking a bold step into the influencer marketing arena, traditionally dominated by Instagram and TikTok. The Microsoft-owned platform introduced its “Thought Leader ads” last year, initially allowing brands…
Elon Musk’s xAI Nears $6 Billion Funding, Valuation Hits $18 Billion
Elon Musk’s new AI company, xAI, is reportedly close to securing $6 billion in funding, raising its valuation to $18 billion before the deal is finalized. Initially set to raise…
Microsoft Unveils AI That Can Make Photos Talk and Sing
Microsoft Research Asia has recently introduced an experimental artificial intelligence tool, VASA-1, that transforms still images or drawings of people into realistic videos where they appear to be talking or…
Jony Ive and Sam Altman’s AI hardware startup aims to raise a big $1 billion in financing.
In an ambitious move that signals a new direction in personal technology, Jony Ive, the mastermind behind Apple’s iconic designs, and Sam Altman, the visionary leader of OpenAI, are pooling…
Ripple Labs Challenges SEC’s $1.95 Billion Fine Proposal, Suggests $10 Million as Adequate
On Monday, Ripple Labs formally opposed a significant enforcement action by the U.S. Securities and Exchange Commission (SEC), which seeks a staggering $1.95 billion in penalties. The company’s legal filing…
Bitcoin Halving May Create Demand Five Times Greater Than Supply, Says Bitfinex
The recent halving of Bitcoin’s mining reward has significant implications for the cryptocurrency’s market dynamics, possibly increasing demand to five times that of its supply, according to a new analysis…
This Polaroid Camera Turns Pictures into Poems
Kelin Carolyn Zhang and Ryan Mather have created the Poetry Camera, an open-source device that transforms images into poetic expressions. This innovative camera combines cutting-edge technology with artistic vision, challenging…
Crypto Payments Eye Mainstream Adoption, with Apple Pay as the Benchmark
Cryptocurrency payment platforms are gradually making their way into mainstream e-commerce platforms and retail stores, yet they lag behind the seamless experience offered by Apple Pay. Stijn Paumen, CEO of…
Hugging Face Introduces a Benchmark for Evaluating Generative AI Performance in Health-related Tasks
Hugging Face, the AI startup, has introduced a new benchmark named Open Medical-LLM, designed to evaluate generative AI models on medical-related tasks. This initiative, developed in collaboration with Open Life…
The U.S. proposes $6.6 billion to TSMC for Arizona chip plants, aiming to boost security.
In a landmark move aimed at revitalizing the American semiconductor industry, the Biden administration announced on Monday a preliminary agreement that earmarks up to $6.6 billion in government funding for…
TikTok Shop Expand Secondhand Luxury Fashion Categories to UK Market
TikTok Shop has officially expanded its secondhand luxury fashion offerings to the United Kingdom, venturing into a market space currently occupied by key players such as The RealReal, Vestiaire Collective,…
IBM Acquires HashiCorp for $6.4 Billion, Expanding Its Hybrid Cloud Portfolio
IBM has announced its acquisition of cloud management vendor HashiCorp for $6.4 billion. This acquisition adds to IBM’s series of strategic purchases aimed at enhancing its hybrid cloud capabilities, following…