Barely a month following an investigative report by the Wall Street Journal uncovering Amazon’s use of secret algorithms to inflate prices, the Federal Trade Commission (FTC) revealed today that Amazon had generated $1 billion through these price-raising algorithms. According to […]
Amazon has just unveiled its first “buy now, pay later” (BNPL) checkout option for the millions of small business owners using its online store, as detailed in a CNBC exclusive report. Citing executives from both firms, CNBC reported that the […]
Tether stands as the unrivaled leader in the realm of stablecoins, firmly tethered to the U.S. dollar, a fact well-known to many. However, its steadfast position in the crypto world prompts a fundamental question: What purpose does this type of […]
The highly-anticipated Amazon .BOT domain names for Artificial Intelligence (AI) are finally available to the public for purchase without any restrictions. The domain extension was first launched on December 1, 2017, but the registration process was difficult. But after five years […]
Venture capital-backed star, WeWork, has finally met its downfall, transforming into what many are calling “WeCrashed,” a reference to the TV show on Apple+. The once-celebrated co-working unicorn startup is filing for bankruptcy as early as next week, according to […]
In a recent development that may raise serious concerns among privacy advocates, drugmakers are set to gain non-exclusive access to 23andMe consumer genetic data in exchange for millions of dollars paid to the genetic company. The news comes just a […]
Next Insurance, an insurtech startup that provides coverage for small businesses and entrepreneurs, has secured $265 million in funding led by insurance giants Allstate and Allianz. The investment makes it the biggest funding deal in the company’s history and the […]
Splunk announced on Wednesday it is laying off nearly 7% due to the challenges posed by an uncertain global economic situation in the cybersecurity and cloud software industry. As of January 31, Splunk boasted 8,000 employees and approximately 560 employees […]
LinkedIn, the world’s largest professional networking platform, has hit a major milestone of 1 billion members. The Microsoft-owned platform also announced new artificial intelligence (AI) features to help job seekers find and land jobs. However, these new AI tools will […]
Tesla is aiming to make 200,000 units of its electric pickup truck Cybertruck per year once production ramps up, Tesla CEO Elon Musk revealed on the “Joe Rogan Experience” podcast on Tuesday. The highly anticipated Cybertruck is set to commence […]
Bitcoin has finally staged a comeback! Following a dip to as low as $15,696.30 on November 9, 2022, analysts are now forecasting a potential surge for the world’s most renowned cryptocurrency, predicting it could exceed its previous high of $69,000 […]
Tech billionaires including Andreessen Horowitz co-founder Marc Andreessen and LinkedIn founder Reid Hoffman are reportedly backing a mystery tech company that’s buying up lands and forcing farmers to sell their land for a new city for Silicon Valley elites. According […]
Mistral AI, a Paris, France generative AI startup co-founded by former researchers from Meta Platforms and Alphabet, is reportedly seeking to raise an additional $300 million. The news comes as the AI race heats up, and emerging generative AI startups […]
Alibaba on Tuesday announced the launch of its latest artificial intelligence (AI) model as the Chinese tech giant looks to compete with U.S. tech rivals including Amazon and Microsoft. Known as Tongyi Qianwen 2.0, the new advanced large language model […]
QI Tech, a provider of financial services businesses in Brazil, announced today it has closed 1 billion reais (equivalent to $200 million) in Series B funding for potential future acquisitions and to lay the groundwork for a potential public offering. […]
Voltage Park, a non-profit AI cloud-computing organization backed by cryptocurrency billionaire Jed McCaleb, has purchased about $500 million worth of Nvidia’s advanced chips, Reuters reported. The plan is to lease this computing power to companies engaged in artificial intelligence projects. […]
Launching a successful SaaS startup in today’s competitive landscape relies heavily on not just the quality of your product but also on the effectiveness of your SaaS marketing strategies and campaigns. The strategy of “If you build it, they will […]
Just a month after Meta revealed its plan to charge European users approximately $17 per month for ad-free subscriptions to Instagram and Facebook, the social media giant announced today the introduction of an advertisement-free subscription option starting next month for […]
President Joe Biden has issued an executive order on artificial intelligence (AI), marking the U.S. government’s initial action of its kind. This directive mandates new safety assessments, equity and civil rights guidance, and research concerning AI’s impact on the job […]
The price of Bitcoin has experienced a roller-coaster ride over the past two years, fluctuating from its peak of $69,000 a few years back to $34,000 at the time of this writing. But that has stopped crypto enthusiasts from venturing […]
