Spotify Expands Advertising with Creative Lab Agency and Tests AI Voiceover Ads
Spotify announced on Thursday, June 13, the launch of its first in-house creative agency, named Creative Lab. The introduction of Creative Lab is part of Spotify’s strategic effort to attract…
Uniqlo’s Innovative Checkout Technology Paves the Way to ¥10 Trillion in Sales
Singapore – Fast Retailing Co, Asia’s largest apparel business and the parent company of the popular Uniqlo brand, is accelerating its technological advancements to achieve an ambitious target of ¥10…
Creators Can Now Test Multiple Thumbnails on YouTube to Boost Views
YouTube has recently launched a new feature called “Thumbnail Test & Compare,” which is designed to help creators optimize viewer engagement by testing different video thumbnails. This tool, initially introduced…
ByteDance Unsuccessful in Blocking Trademark Application for Defunct Short Video App
SINGAPORE: In a significant legal ruling, ByteDance, the parent company of the globally renowned social media platform TikTok, has failed to prevent a Singapore-based firm, Dol Technology, from registering the…
OpenAI Welcomes Former NSA Head Paul M. Nakasone to Its Board
OpenAI has expanded its board by appointing Paul M. Nakasone, a distinguished retired U.S. Army general and former director of the National Security Agency, as its latest member. Nakasone, renowned…
Honor Unveils Its First Flip Foldable Smartphone, Taking on Samsung in the Competitive Market
Honor has officially entered the competitive foldable phone market with the launch of its first vertically-folding device, the Magic V Flip. This significant move, announced on Thursday, marks Honor’s continued…
Generative AI Transforms Robot Training at MIT
Researchers at the Massachusetts Institute of Technology (MIT) have developed a groundbreaking technique that significantly enhances the training of multipurpose robots by integrating data from various sources. This method, called…
Microsoft Exits Affirmed and Metaswitch in Telecom Pullback
When Andrew Ward organized a meeting for those affected by Microsoft’s recent telecom layoffs, he anticipated a modest turnout of around 100 attendees. However, the response was overwhelming, with about…
Adobe Boosts Annual Revenue Forecast Amid Strong Software Demand
San Jose, CA – Adobe Inc., the company behind the iconic Photoshop software, has significantly raised its revenue forecast for fiscal 2024, reflecting the increasing demand for its artificial intelligence-powered…
Spotify’s Awaited HiFi Feature May Launch This Year with Extra Charges
Spotify is gearing up to launch its much-anticipated HiFi streaming service by the end of 2024, an offering that promises to enhance the audio quality for its users but at…
Newgen Unveils LumYn: The World’s First Gen AI Platform Tailored for Banking Personalization
Newgen Software, a global leader in digital transformation solutions, has unveiled its latest innovation: LumYn. This groundbreaking platform harnesses the power of Generative AI to revolutionize the banking industry by…
BeReal Acquired by Voodoo for €500 Million
Voodoo, a prominent publisher of mobile apps and games based in France, has officially acquired the social media company BeReal for a total of €500 million. This acquisition comes at…
Ant Group invested $2.9 billion in tech research last year.
Ant Group, a leading financial technology company, reported on Thursday an unprecedented investment of 21.19 billion yuan ($2.92 billion) in technology research and development for the year 2023. This investment,…
Crunchbase Expands Diversity Tracking Feature Across Europe to Support Minority Founders
Crunchbase has announced the expansion of its Diversity Spotlight feature to Europe, aimed at enhancing transparency in venture capital funding for minority founders. Initially launched in 2020 and later augmented…
China tops the world in driverless car testing
The bustling streets of Wuhan, a central Chinese city of 11 million residents, have become the epicenter of the world’s most extensive driverless car experiment. With a staggering 4.5 million…
Oracle’s Stock Climbs After Google and OpenAI Deals, Despite Earnings Miss
Oracle Corporation‘s stock surged by as much as 11% in after-hours trading on Tuesday, following the company’s announcement of new cloud partnerships with tech giants Google and OpenAI. This rise…
Enveda Raises $55M to Fuse Ancient Remedies with AI in Drug Discovery
For centuries, people have turned to nature to alleviate pain and treat ailments. One notable example is the use of willow tree bark, chewed by our ancestors to relieve pain…
Databricks Enhances Mosaic AI to Empower Enterprises in Leveraging Large Language Models (LLMs)
San Francisco, CA – At Databricks’ annual Data + AI Summit, the company announced significant updates to its AI platform, now rebranded as Mosaic AI. This evolution follows Databricks’ $1.3…
Fisker Initiates First Recall for Ocean SUV Over Warning Light Issues
Fisker has announced its first recall for the all-electric Ocean SUV, triggered by non-compliance with Federal Motor Vehicle Safety Standards concerning the vehicle’s warning lights. The National Highway Traffic Safety…
Rebellions and Sapeon Merge as AI Hardware Competition Intensifies
South Korea’s fabless AI chip industry has experienced significant growth and investment over recent years, driven by the surging demand for AI-powered hardware. This dynamic sector is now witnessing a…