Blog Posts
The Guardian Has Quit X
The Guardian, a British news publisher, has announced it will cease using official editorial accounts on the X platform, citing that the platform’s drawbacks now outweigh its benefits. The Guardian, with over 10 million followers on X, stated that users can still share its articles on the platform and that it may occasionally link to X content in its articles. However, it...
Apple To Gain a 20% Stake in Globalstar
Globalstar advised in a regulatory filing that Apple will invest $1.5 billion in its operations. Apple will invest $1.1 billion in progressive cash payouts to help Globalstar pay down debt and invest in its mobile satellite services (MSS). In the SEC filing, Globalstar states it will use the investment to expand services “including a new satellite constellation, expanded...
Seven French Families Sue TikTok for Content Shown to Teens
Seven families in France have come together to file a lawsuit against TikTok, alleging that the content shown to their adolescent children on the platform was harmful and led to the deaths of two of the children. The lawsuit claims that TikTok’s algorithm displayed content related to suicide, self-harm, and eating disorders, causing “direct damage.” The families’ lawyer,...
Kamatera Opens New Data Centers in Asia
Kamatera has announced the opening of three new cloud data centers in Sydney, Tokyo, and Singapore to expand its service in the Asia-Pacific region. The Singapore location will improve connectivity and cloud performance in Southeast Asia. It will be a key hub to promote business expansion in line with government policies within a secure ecosystem. The location in Tokyo,...
EU To Invest $1.5 Billion in Deep Tech in 2025
The European Innovation Council (EIC) has announced it will invest €1.4 billion to scale up strategic technologies in Europe. The EIC framed out its 2025 Work Programme, which the European Commission adopted in October. It includes a €200 million increase in investment compared to 2024 and focuses on four main areas. EIC Pathfinder will offer up to €4 million in grants...
Fiverr Publishes Its Fall Business Trends Index
Fiverr has published its Fall 2024 Business Trend Index report, its tenth edition, highlighting that businesses are reassessing their physical and virtual workspaces and continuing to focus on AI to drive email marketing. The top business services that have increased the most in the past six months are architecture office renovation, email marketing revitalization, and new...
Judge Rules Meta Must Face Youth Addiction Lawsuit
A judge has rejected Meta’s request to dismiss a lawsuit that was brought by the Massachusetts Attorney General that claimed Meta violated laws related to consumer protection. The Commonwealth raised the lawsuit in November 2023, claiming Meta breached the law by “designing and using addictive design features on Instagram to exploit children’s psychological vulnerabilities...
Elon Musk’s $1 Million Giveaway May Be Illegal
Elon Musk has offered to give away $1 million per day to registered voters who sign a petition that supports the First and Second Amendments – the Justice Department warns that this may breach election law. Elon Musk supports Donald Trump for President and has set up sweepstakes to help in swing states. Registered voters who sign the petition in Arizona, Michigan, Georgia,...
New EU Tech Lead Aims To Boost AI in Europe
The new head of Tech Security in the European Union will focus on building AI capabilities in Europe, including energy-efficient technologies, while protecting users, particularly minors, from the addictive nature of social media platforms. In July, the European Commission President Ursula von der Leyen presented her design of the European Commission 2024-2029, defining the...
Liquid Web Announces Hosting Solution To Power AI
Liquid Web, a leading provider of hosting and cloud solutions for small and medium-sized businesses (SMBs), has announced a new hosting solution that boasts 15% better GPU performance at similar or lower costs. The new hosting solution will provide businesses access to affordable AI, machine learning, and compute-intensive capabilities. It leverages powerful Nvidia Graphic...
Upwork Unveils Fall 2024 Edition of Updates
Upwork has announced its fall edition of Upwork Updates, its semi-annual product showcase, where it unveils its new products, features, and partnerships. In this edition, Upwork Updates includes enhancements to Uma, Upworks Mindful AI announced in its Spring 2024 Upwork Updates. When Uma launched, it offered several capabilities. These included AI-powered tools to match...
Meta Lays Off Employees To Align Staffing With Strategy
Meta has begun laying off employees from WhatsApp, Instagram, and Reality Labs. Reports claim this is not a massive company-wide layoff plan but smaller cuts targeting specific areas as part of team reorganizations. Meta has yet to disclose a broader view of the layoffs or identify how many employees these cuts have impacted. Employees started posting comments on social...
Apple Launches New iPad Mini With AI Features
Apple has launched its new iPad mini, which includes a powerful A17 Pro chip that will power Apple’s intelligence capabilities. The new iPad mini offers various improvements, such as a 128 GB storage capacity, which is twice that offered in the previous standard version. It also has improved camera quality, AI-powered recognition capabilities right in the camera app, and...
Nobel Prize for Physics Awarded to Pioneers in AI
This year, two scientists received the Nobel Prize for physics: John Hopfield, an American professor at Princeton University, and Geoffrey Hinton, an English professor at the University of Toronto. Both contributed to creating the building blocks of artificial intelligence. John Hopfield created the Hopfield Network, which allows machines to save and recreate patterns. By...
US Considers Breakup of Google To Limit Monopoly
The US Department of Justice (DOJ) has said it may request to break up Google following a landmark case in August in which a judge ruled that Google had an illegal monopoly in the US. The lawsuit brought against Google began in 2020. It concluded with a ruling that, while it offered a superior product, it limited consumer choice. The company solidified its dominance by...