Elon Musk’s Neuralink could fetch $8.5B valuation: report
Elon Musk’s Brain Implant Company Neuralink plans to raise approximately $500 million with a pre-money valuation of $8.5 billion. Bloomberg News reported Wednesday, cite people with knowledge of the matter. The company has launched a preliminary discussion with potential investors about the funding round, according to the report. The terms of the funding round have […]
Instagram would have succeeded without Facebook’s $1B takeover: co-founder
Instagram would have been a success if Facebook founder Mark Zuckerberg had never bought a photo-sharing app for $1 billion in 2012, co-founder Kevin Systrom said in Tuesday’s FTC’s Landmark Anti-Trust trial. Systrom, who was called to the stands at the FTC, testified that Instagram was experiencing explosive user growth prior to the Zuckerberg acquisition […]
Pinterest is pushing teens to close the app and pause notifications at school: ‘Stay in the moment’
Pinterest is taking part in a movement to drive children out of their phones. Social media platforms are testing new pop-ups that appear to minors in the US and Canada during class hours and are encouraging them to close the app until the bell rings. “Focus is beautiful,” the prompt reads, According to Verge. “Place […]
Gen Z grads say their college degrees are worthless thanks to AI
Four years of classes, thousands of dollars in tuition, one newly created diploma – everything is covered by a chatbot. With artificial intelligence flooding the workplace, almost half of Gen Z job seekers say their degrees are already outdated due to the rise of generative AI tools like ChatGpt. According to the respondents, it is […]
Teens using AI to make fake nudes of classmates
They turned technology into weapons – and no one is safe from the scandal. Teens use artificial intelligence to liven up disturbing, realistic nude images of classmates, then share like a digital wildfire, send shockwaves through schools, leaving experts in fear of the worst. AI-powered tools, often called “Nudify” apps, are as sinister as they […]
Gmail users warned of ‘sophisticated’ phishing attack
Hackers are turning their inbox into a risky zone. Google issued an urgent warning to 3 billion Gmail users after confirming a “sleek” phishing scam targeting unsuspecting emails. Cyber con artists are extremely mean, and even veteran technicians are falling down. Developer Nick Johnson Social media alarm has been sounded – After being almost fooled […]
China’s latest export controls on rare earth elements causing chaos in car supply chain: report
China’s move to impose strict export controls on rare earth elements used in automobile manufacturing reportedly sparked fears about potential shortages in automobiles. Earlier this month, China’s Xi Jinping government enacted restrictions on the shipment of seven rare earth metals and magnets, essential to the construction of electric vehicles. This move has left many Western […]
Amazon still expanding in NYC with Bryant Park lease
Amazon’s 330,000-square-foot lease at 10 Bryant Park, or 452 Fifth Ave.- at West 40th St., is big news for Jeff Bezos’ ever-growing giant, as well as for the midtown office market. Previous deals at HSBC Tower were closed last week, Real Deal reported. Realty Check first reported consultations last October, and things have since moved […]
Humanoid robots compete against humans in half-marathon in China
The 21 humanoid robots joined thousands of runners at Yizhuang Half-Marathon in Beijing on Saturday. These machines raced with humans on a 21km (13 miles) course. Robots from Chinese manufacturers such as Droidup and Noetix Robotics come in all shapes and sizes shorter than 120 cm (3.9 feet), while others are 1.8 m (5.9 feet). […]
Americans flock to Chinese e-commerce apps DHgate, Taobao
President Trump’s tariffs have urged American online shoppers to abandon first-fashion upstart Tem and Shane in favour of first-fashion upstart Tem and Shane Two other Chinese e-commerce platforms – Dhgate and Taobao – Both have climbed to the top 5 most downloaded programs on Apple’s App Store. Tiktok’s viral video encourages Chinese manufacturers to use […]