In a move that reflects the changing dynamics of the post-pandemic work landscape, Meta, formerly known as Facebook, has announced updates to its remote work policy for full-time employees. According to reports, starting in September, employees will be required to show up to work at least three times a week. The company aims to strike a balance between the benefits…
In a surprising revelation, Activision Blizzard CEO Bobby Kotick recently shared that his company had once considered acquiring media and entertainment giant Time Warner. This ambitious plan would have seen Activision Blizzard combining its gaming expertise with Time Warner's vast intellectual property portfolio. However, their aspirations were dashed when AT&T successfully closed the $85.4 billion deal to acquire Time Warner…
In a move that signals a shift in focus and content strategy, YouTube announced that it is discontinuing its Stories feature, which bore a striking resemblance to Instagram's Stories. Beginning June 26, users will no longer be able to post new stories to the platform, though existing stories will remain available for another 7 days. This decision was made after…
In a surprising move, Twitter has unveiled its API Pro plan, which comes with a hefty price tag of $5,000 per month. This subscription plan grants developers access to the Twitter API, providing them with valuable data and tools to enhance their applications. However, the exorbitant cost has sparked controversy among users, especially small and medium-sized businesses and data researchers,…
In a move that escalates the ongoing tech trade tensions between the United States and China, the Chinese government has implemented a ban on the purchase of certain Micron chips. Citing cybersecurity threats as the reason, China's decision comes as a response to previous U.S. sanctions that restricted the purchase of Chinese chips and the export of high-performance solutions to…
HTC is getting ready to release the long-awaited U23 Pro smartphone, the latest addition to the U Series lineup. It's the brand's first U Series offering since the U20 5G, which debuted in 2020. Featuring impressive specs and an affordable price point, the HTC U23 Pro is designed to appeal to smartphone enthusiasts in the mid-price range. Impressive display and…
In a groundbreaking move at the I/O developer conference, Google revealed the next iteration of its powerful language model, PaLM 2. This innovative technology will serve as the backbone for the revamped Bard chatbot and underpin a multitude of new artificial intelligence features announced during the event. While technical specifics and parameter counts were not disclosed, Google emphasized the model's…
In an unexpected turn of events, Samsung recently struck a landmark agreement with its longtime rival, LG Display, to purchase OLED panels for its TV lineup. This unexpected partnership between the two tech giants sent shockwaves through the industry, fueling speculation about the future of display technology. Because OLED panels are widely known for their stunning visual effects and immersive…
The European Union (EU) has approved Microsoft's acquisition of video game publisher Activision Blizzard, one of the largest deals in the gaming industry to date. The acquisition, valued at $69 billion, will allow Microsoft to expand its presence in the game industry and strengthen its position as a major player in the market. By getting the EU green light, Microsoft…
At the Google I/O 2023 developer conference, the tech giant demonstrated its continued commitment to artificial intelligence by unveiling several exciting new AI-based products and features. One of the most notable announcements was PaLM 2, a major next-generation language model that promises to revolutionize natural language processing. This powerful tool is capable of understanding language contextually and generating incredibly natural…
The technology giant reported record quarterly iPhone sales and nearly 1 billion active subscribers, solidifying its position as a dominant force in the technology industry. Apple announced that more than 78 million iPhones were sold in the latest quarter, a new record for the company. This impressive sales figure was due in part to the recent release of the iPhone…
In a bold move, the UK's Competition and Markets Authority (CMA) has set its sights on the rapidly evolving world of Artificial Intelligence. Their focus? Investigating the monumental impact of large language models, including OpenAI's ChatGPT, on consumers, businesses, and the economy. These towering language models, like ChatGPT, represent a leap forward in AI technology. By learning from colossal datasets,…
Intel, one of the industry giants, has just reported the largest quarterly loss in its history. The company lost $2.8 billion in the first quarter of this year, compared to net income of $8.1 billion in the same period last year. This is a staggering turnaround that is sure to cause a shock to the industry. Intel is a well-known…
Tesla has announced that it will be raising the prices of its cars worldwide, with the biggest increase coming in China. For those unfamiliar with Tesla, the company was founded in 2003 and has been at the forefront of the electric car revolution ever since. The company has gained a large following of fans and investors who believe in the…
Spotify, the popular music streaming service, has surpassed 500 million monthly active users. This is a significant achievement for the company, as it solidifies its position as the leading platform for music lovers worldwide. However, there is a catch. Despite the impressive user growth, Spotify's share of premium subscribers has dropped to 40%. This is a concerning trend for the…
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