Unilever Enhances Food Product Development with AI Technology
Unilever is leveraging artificial intelligence (AI) to enhance its product development process, particularly in the food segment, which includes well-known brands such as Hellmann’s and Knorr. By integrating AI technologies,…
Singapore Tech Wages Dip in 2023; Select Jobs See Pay Hike
Singapore — In a landscape marked by technological advancements and shifting market dynamics, the tech industry in Singapore has witnessed a contrasting trend in salary movements throughout 2023. While the…
European Banks Embrace Crypto Sector Following Regulatory Clarity, Bitpanda Reports
In recent developments, several of Europe’s largest banks are making strides into the cryptocurrency industry, spurred by the enhanced clarity provided by the European Union’s adoption of the Markets in…
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…
Apprenticeship unicorn Multiverse acquires Searchlight to spotlight AI.
In a strategic move to bolster its technology apprenticeship programs, Multiverse, a renowned U.K.-based educational unicorn, has announced its acquisition of Searchlight, a cutting-edge recruitment platform powered by artificial intelligence.…
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…
Shin-Etsu Chemical of Japan plans a big $545 million investment in a semiconductor materials facility.
In an era where technological advancements drive the global economy, the semiconductor industry stands as a critical pillar. Amidst this backdrop, Shin-Etsu Chemical, a leading Japan-based semiconductor materials manufacturer, announced…
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…
Philippines SEC Instructs Apple and Google to Delist Binance App
On April 23, the Securities and Exchange Commission (SEC) of the Philippines took a decisive action against the cryptocurrency exchange Binance by instructing major tech companies Google and Apple to…
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…
Samsung Electronics shares set for $326 million block sale, according to sources.
In a notable development within the South Korean stock market, Samsung Electronics (005930.KS) has experienced a substantial block sale involving approximately 5.25 million of its shares. This transaction is valued…
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…
Microsoft launches London AI hub, led by ex-DeepMind scientist Jordan Hoffmann.
In a bold move that underscores the burgeoning importance of artificial intelligence (AI) in consumer technology, Microsoft has unveiled plans for a new hub in London dedicated to its consumer…
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…