In a landmark decision today, a U.S. judge ruled against the Securities and Exchange Commission (SEC) in its ongoing case against Ripple Labs, the company behind the XRP cryptocurrency. The ruling is a significant victory for Ripple Labs, which has been battling the SEC's allegations that it conducted an unregistered securities offering worth $1.3 billion.
Posts for tag tech-companies
Courtney McMillian, the former "head of total rewards" at Twitter, has filed a class-action lawsuit against the company, claiming that it has failed to pay approximately $500 million in severance pay owed to former employees. The allegations shed light on Twitter's handling of the severance plan and the actions of Elon Musk, the owner of the social media giant.
Apple is losing a near $20 billion join venture in India that would have partnered it with Foxconn, a major chip supplier of semiconductor and display components.
In a recent development, Twitter has threatened to take legal action against Meta over its rapidly growing rival app, Threads. The Controversy
Meta, the parent company of Facebook, is set to launch its latest app, Threads, in a bid to compete with Twitter. Scheduled to go live on Thursday, the app has already garnered attention and is available for pre-order on the Apple App Store. Threads will be integrated with Instagram, presenting a direct challenge to Twitter's dominance in the social media landscape. This move marks the ongoing rivalry between Meta CEO Mark Zuckerberg and Twitter owner Elon Musk. In this article, we explore the features of Threads and predict its potential for success as a formidable alternative to Twitter.
Twitter users are experiencing ongoing confusion following the introduction of post limits by owner Elon Musk. The billionaire implemented these "temporary measures" to address the extensive data scraping taking place on the platform. Initially, the limits were increased over the weekend after their initial implementation.
Apple Inc. (AAPL) became the first publicly traded company to close a trading day with a $3 trillion market value on Friday, June 30, 2023.
The US Federal Trade Commission (FTC) has filed a lawsuit against Amazon, alleging that the company employed manipulative website designs to trick customers into signing up for automatically renewing Prime subscriptions while making it challenging to cancel. With over 200 million global subscribers, Amazon Prime offers various benefits, including shipping perks and streaming services. The FTC claims that Amazon's tactics violated consumer protection laws, while Amazon denies the charges, asserting that it provides clear and simple options for customers to manage their Prime memberships.
Mark Zuckerberg and Elon Musk might fight in a cage match. They have been going back and forth on twitter about it.
India's tech giants are facing a backlash over their data collection practices. In recent months, there have been a number of reports that these companies are collecting and storing personal data of users without their consent. This has led to concerns about privacy and security, and has prompted calls for regulation of the tech industry.
Google's Pixel Tablet was unveiled in May 2023 with new upgrades and features. It's a new tablet that's designed to be helpful in your hands and at home. The tablet has a large 11-inch display, a powerful Tensor G2 chip, and a variety of features that make it a great choice for entertainment, productivity, and creativity.
The world's largest cryptocurrency exchange, Binance, is currently under investigation by French authorities regarding its anti-money laundering (AML) procedures. This development comes shortly after the company's unsuccessful attempt to obtain a license from the Dutch central bank, resulting in its departure from the Netherlands.
Meta, the parent company of Facebook and Instagram, is reportedly planning to create a text-based social network that will compete with Twitter. The new platform, which is code-named "P92," is still in development, but it is expected to launch soon.
A US judge has approved a temporary injunction brought forth by regulatory authorities, halting Microsoft's significant $69bn (£56bn) acquisition of Activision Blizzard. This temporary restraining order, as the court states, is a necessary action to "maintain the status quo while the complaint is pending". Antitrust Concerns Raised by the FTC
Twitter Spaces Overwhelmed: Florida Governor DeSantis' Announcement Strains Platform Amid Systemic Issues
Yesterday, Twitter's live streaming event, which was set to feature Florida Governor Ron DeSantis' presidential bid announcement, was met with unexpected disruption. The platform faced significant technical issues, causing the event to crash as hundreds of thousands of users enthusiastically logged on to hear DeSantis declare his intentions for the White House.
WhatsApp, the popular messaging app, now lets you edit your messages. This is a big deal for text messaging as most of the time, you cannot edit your message after you send it. If you want to change a message, you have to post another one with an * saying what your typo or mistake was.
Renowned artificial intelligence (AI) model, ChatGPT, continues its relentless progress, now promising to incorporate a cutting-edge web browsing capability. This highly-anticipated upgrade is just one of many that OpenAI is set to introduce for the popular AI chatbot.
Montana is on course to etch its name in the annals of US digital history as the first state to prohibit the use of the Chinese-owned social media powerhouse, TikTok, on personal devices.
Elon Musk, the controversial billionaire who took over Twitter a little over six months ago, has announced the appointment of a new CEO for the social media company. Linda Yaccarino, the erstwhile head of advertising at NBCUniversal, is set to guide Twitter's business operations amidst ongoing financial struggles. Yaccarino is expected to assume her new role in six weeks.
The metaverse, primarily being created by Facebook, is an attempt to make virtual reality as close to human and real life as possible. The goal, it seems, is to get people to use technology for their daily activities and to, one day, spend most of their time in a virtual world. Is this the future of humanity, or is it a flop?
ChatGPT, an AI-powered chatbot, has been making waves since its launch in November 2022. It is powered by OpenAI's highly potent large language model, GPT-4. With its super abilities, ChatGPT has set off an AI race among the biggest tech companies in the world. Even as tech giants scramble to create the most innovative AI technology, developers around the world are exploring new ways to use ChatGPT.
Google is finally joining the foldable phone market with the Pixel Fold. The device has been rumored for years, and it's finally here. The Pixel Fold is a 7.6-inch foldable phone with a 5.8-inch cover display. It's powered by the Google Tensor G2 processor and has a triple-lens rear camera system. The Pixel Fold also has a number of unique features, including water-resistant design. There is also speculation of a stylus holder.
Many top leaders from tech companies in the U.S. met with President Biden today to discuss artificial intelligence and the dangers involved. President Biden says it has enormous potential but could be dangerous and is hoping that the CEOs can educate the White House and U.S. government on what to do.
Passwords are a pain in the butt. They're hard to remember, easy to forget, and they're often reused across multiple websites and apps. This makes them a prime target for hackers, who can use them to gain unauthorized access to our accounts and data. Often times, someone needs a document just to manage the numerous usernames and passwords they have.
Microsoft is forcing Outlook and Teams to open links in Edge, even if the user's default browser is something else. This change is being made to all users of Microsoft 365, including those who have already installed Edge.
The CEO of IBM has said that IBM will pause hiring for roles that AI could do. This could replace up to 7,800 jobs, as reported by Bloomberg. This is a frightening scenario for those who are worried about A.I. taking their job.
On Wednesday, British regulators announced the blocking of Microsoft's all-cash purchase of video game maker Activision Blizzard, valued at $69 billion. This move thwarts the largest tech deal in history over worries that it would stifle competition in the fast-growing cloud gaming market.
Sony Group Corp. on Friday said it expects profit to slip in the coming months, despite record sales of the PlayStation 5. The company cited a number of factors for the decline, including the ongoing chip shortage and the war in Ukraine.
Fundrise is a crowdfunding real estate company that lets you buy portions of real estate and get a portion of the interest, rent, or appreciation of that real estate. It's a technological advancement in investing, and here's why it will continue to grow.
Coinbase, the largest cryptocurrency exchange in the United States, has sued the Securities and Exchange Commission (SEC) for failing to provide regulatory clarity for the cryptocurrency industry.
On April 18th, 2023, Apple CEO Tim Cook opened the company's first retail store in India, located in Mumbai's upscale neighborhood. The opening event featured local music and folk dance performances, attracting people from all over India. Mr. Cook greeted customers and took selfies with some of them, while employees clapped and cheered. A second store opening in the capital Delhi was scheduled for the following day.
The integration of AI chatbots into search engines has put Bing Chat in the spotlight, offering more personalized and helpful responses compared to Google Search. While Google has been slow to respond with its Google Bard service and Magi project, Samsung is considering using Bing as its default search engine in future smartphones and tablets.
As of today, Apple Card users have the opportunity to boost their Daily Cash rewards by opening a Savings account with Goldman Sachs, which offers an attractive APY of 4.15 percent. This is over 10 times the national average and comes with no fees, minimum deposit, or minimum balance requirements. The process of creating and managing this Savings account is simple and can be done directly from Apple Card in Wallet.
According to one LinkedIn user, hubspot announced layoffs today.
Can we Observe a Trend of Companies Moving Away from Public Cloud Towards On-Premises Infrastructure?
It's no secret that the cloud has become the de facto standard for modern IT infrastructure. Cloud providers like AWS, Azure, and Google Cloud have rapidly grown in popularity over the past few years. But with the increasing adoption of cloud technology, a question arises: is the cloud really as cost-effective as it's touted to be?
OnlyFans is a website business that allows (mostly) women to charge a monthly subscription or one-time payments for provocative photos that (mostly) men want. This is going to get displaced, and in a big way - by AI.
Amazon announces 'Bedrock' AI platform to take on OpenAI
Twitter released a feature today that lets you charge a monthly fee for your followers to subscribe to your account. This lets you offer special features or content to specific people only.
Alibaba Launches Tongyi Qianwen, Its Own AI Chatbot...
In a Twitter Spaces with Elon Musk, there was an interview done with BBC and one of the primary discussions was about misinformation and hateful content on Twitter.
Twitter is reported to be buying 10,000 GPU clusters as it seeks to build a ChatGPT rival, according to multiple news sources. This is no doubt a response to Elon Musk's concerns over the rapid advancement of artificial intelligence, as he helps lead what I believe to be the 3rd primary player in AI.
According to IDC’s latest report, all major PC makers experienced a decline in shipments, with combined shipments slumping 29% to 56.9 million units. The demand surge caused by remote work during the pandemic has vanished. Lenovo Group Ltd. and Dell Technologies Inc. both experienced drops of more than 30%, while HP Inc. was down 24.2%. Asustek Computer Inc. rounded out the top five with a 30.3% fall. Samsung Electronics Co. is cutting memory production after reporting its slimmest profit since the 2009 financial crisis.
We've received reports that the U.S. unemployment rate is 3.5% and wonder if this is correct given the number of layoffs that are happening in tech companies - and now even in other companies like McDonald's.
GM, Ford, VW, and other companies must adapt or face bankruptcy. It is not enough to make PowerPoint presentations and nice renderings of vehicles. Actual and profitable EVs must be made at scale.
Microsoft reached a settlement over its violations of sanctions and export controls, which it disclosed without resistance, to the government, Microsoft said today. The amount is $3 million for more than 1,300 apparent sanctions violations in relation to restrictions on Cuba, Iran, Syria, and Russia. This was said by the U.S. Treasury Department.
Twitter removes verification badges from accounts that don't pay for subscription
A Comprehensive Analysis of Revenue per Employee Reveals the Driving Factors Behind Amazon, Meta, and Other Companies' Rapid and Harsh Workforce Reductions
The drive for efficiency in the tech sector is gaining momentum as companies seek to optimize their operations. Over 300,000 workers have been laid off since the beginning of 2022, as companies realize their pandemic gains are not sustainable and economic growth slows.
Italy has become the first Western country to block advanced chatbot ChatGPT, citing privacy concerns. The Italian data-protection authority announced the ban and launched an investigation into OpenAI, the US start-up that created the chatbot and is backed by Microsoft.
Have you ever tried to use your browser without AdBlock installed? The amount of ads and distractions from the task at hand is staggering...
We've gathered the key points and highlights from Apple's latest iOS 16.4 rlease just for you.