Apple Invests $1.1 Billion in Satellite Provider Globalstar to Expand Emergency Messaging Capabilities

Apple has invested $1.1 billion in satellite provider Globalstar. This partnership not only expands the capacity for emergency SOS services but also signifies Apple’s deepening involvement in satellite communications for iPhone users worldwide. The investment comes amid increasing demand for reliable communication options in remote and underserved areas. Apple’s Growing Satellite Ambitions Apple first introduced its Emergency SOS via satellite…

Cash App Users May Be Eligible for Thousands in Data Breach Settlement

If you've had a Cash App account anytime over the past six years, you may be eligible to receive part of a $15 million settlement following two significant security breaches. The settlement, proposed earlier this year, comes after multiple security incidents raised questions about Cash App's data protection measures. Users have only a few weeks left to file a claim.…

Netflix Launches New ‘Moments’ Feature for Sharing and Rewatching Favorite Scenes

Netflix has just announced a new feature called Moments that lets users save, share, and easily rewatch specific scenes from shows and movies. This feature, which is debuting today on Netflix’s iOS app, provides a new way for viewers to engage with memorable scenes and share standout moments with friends on social media or directly in messages. Moments is currently…

Arm to Terminate Qualcomm License Amid Escalating Legal Feud

Holdings Plc has announced it will terminate its architectural license agreement with Qualcomm Inc., allowing the chip giant to design semiconductors based on Arm's intellectual property. The UK-based company has issued a formal 60-day notice of cancellation, a move that threatens to shake the foundations of the smartphone and personal computer markets. This decisive action follows Arm's lawsuit against Qualcomm,…

End of the Tune: TikTok Music to Close After Failing to Convert App Users to Streamers

TikTok Music has announced its impending shutdown, confirming that accounts will be closed by November 28. This decision follows an unsuccessful attempt to translate the massive engagement from TikTok’s main app into a viable music streaming service. Users can expect all personal data and login information to be deleted as part of the closure. For existing subscribers, there are important…

Apple to Launch iOS 18.1 Next Week, Introducing Apple Intelligence and AirPods Pro Hearing Aid Features

Apple's iOS 18.1 is set to release next week, introducing new and innovative features that promise to enhance user experience across devices. This update will officially bring hearing aid software capabilities to the AirPods Pro 2, and roll out Apple Intelligence, a suite of AI-powered tools. The launch has been confirmed by several tech outlets, including The Wall Street Journal…

Uber Reportedly Eyeing Expedia Acquisition in Bid to Expand Travel Platform

Uber is reportedly considering an acquisition of Expedia, one of the world’s largest travel booking companies. According to the Financial Times, the idea is still in early stages, with Uber yet to make a formal offer. With an estimated valuation of $20 billion, Expedia would be Uber's largest acquisition to date. Sources indicate that Uber has spent the past several…

Amazon Unboxes New Ad Tech: AI, DSP Upgrades Aim to Boost Advertiser Reach

Amazon has introduced a suite of new capabilities for advertisers, including a revamped Demand-side Platform (DSP) and innovative AI tools, aimed at enhancing ad services and campaign performance. Announced at Amazon's annual UnBoxed conference, these upgrades showcase the retail media giant's commitment to expanding its advertising ecosystem, helping marketers optimize ad campaigns across its platforms. New AI-Powered Creative Tools for…

U.S. Considers Territorial Export Limits on AI Chips to Curb China’s Advancements

The Biden administration is exploring the possibility of implementing territorial restrictions on the export of advanced artificial intelligence (AI) chips, particularly those produced by leading U.S. companies such as Nvidia Corp. The potential policy aims to control the distribution of these cutting-edge technologies, which are seen as critical assets in the global AI race. Strategic Export Licensing Under Consideration According…

Elon Musk Unveils Vision for a Futuristic World of Robotaxis and Self-Driving Cars

Elon Musk, the trailblazing CEO of Tesla, once again captured the world’s attention on Thursday with his bold vision of an "age of abundance." Musk's grand announcement promised a future filled with self-driving cars that lack steering wheels, urban spaces transformed from parking lots to parks, and robots mingling with the human population. It was a dazzling spectacle—typical of Musk—complete…

Spot Bitcoin ETFs Now Hold 5% of Total Bitcoin Supply, Indicating Strong Institutional Adoption

The cryptocurrency market is abuzz today as a new report reveals that spot Bitcoin Exchange-Traded Funds (ETFs) now hold a staggering 5% of the total Bitcoin supply. This significant development reflects the growing interest from institutional investors in Bitcoin as an asset class, which is being increasingly embraced by financial giants. BlackRock Leads the U.S. ETF Market with $22.91 Billion…

Meta’s Ray-Ban Smart Glasses Get Smarter with New AI Features and Stylish Design

Meta’s Ray-Ban smart glasses, already one of the more ambitious attempts at blending fashion with AI technology, are taking a leap forward with new updates that push the boundaries of wearable tech. At the recent Meta Connect conference, the company unveiled a series of software enhancements and a new translucent style for its Ray-Ban smart glasses, which promise to make…

Fidelity Slashes X Value 79% After Musk’s $44B Purchase

Fidelity has dramatically lowered its valuation of Elon Musk’s social media platform X, formerly known as Twitter, highlighting the financial struggles the company faces. Since Musk acquired the platform for $44 billion in October 2022, X’s worth has plummeted, with Fidelity's latest estimate placing its value at just $9.4 billion — less than a quarter of the purchase price. Fidelity's…

Tesla’s controversial payouts to sick workers spark outrage in Germany

Tesla's recent decision to send managers to the homes of employees on long-term sick leave has ignited significant backlash from the plant's union and raised questions about workplace ethics. This move, described by André Thierig, the manufacturing director of Tesla's Berlin-Brandenburg gigafactory, as an effort to “appeal to employees’ work ethic,” has been met with vehement opposition from labor representatives.…

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