Category: INTERNET TECHNOLOGY

Apple emerges as the first $1 trillion brand worldwide.

Apple, the American technology company, has surpassed $1 trillion in brand value, a 15% increase from the previous year, according to a global ranking released on Wednesday by Kantar’s BrandZ.For the third consecutive year, the iPhone manufacturer was the most valuable brand in the world in 2024, according to Kantar. Google, owned by Alphabet, came […]

Now with 150 million active users, Threads now offers an option to archive posts.

Elon Musk, the owner of X, often makes fun of Threads, yet it keeps expanding. During Meta’s most recent earnings call, CEO Mark Zuckerberg said that Threads currently has over 150 million monthly active users. That is a significant rise from February, when Zuckerberg said that Threads had 130 million monthly users. July of last […]

Musk’s Starlink receives preliminary clearance from Sri Lanka

The president’s office in Sri Lanka, said on Thursday that the country has granted preliminary clearance for Elon Musk’s Starlink, the SpaceX satellite company, to offer internet services there.Following Musk’s meeting with President Ranil Wickremesinghe in Indonesia last month during the 10th World Water Forum, Sri Lanka sped up the approval procedure. Following a public consultation, Sri Lanka’s […]

In a $200 million deal for Bitstamp, Robinhood takes a bold stand for cryptocurrency.

With its largest-ever deal, trading platform Robinhood Markets said on Thursday that it has reached an agreement to purchase cryptocurrency exchange Bitstamp for about $200 million in cash. This move will accelerate an even bigger push into digital assets.Before the bell, Robinhood’s stock was up 3.4%. The company has been trying to grow its product line in […]

Bitcoin miner Core Scientific turns down CoreWeave’s takeover offer.

An all-cash offer from Nvidia-backed cloud service provider CoreWeave was rejected by bitcoin miner Core Scientific on Thursday, citing the offer’s undervaluation of the firm.“The board determined that the CoreWeave proposal significantly undervalues the company and is not in the best interests of the company and its shareholders,” the statement read.On June 3, CoreWeave made an unsolicited, non-binding […]

“AI will take all our jobs.” – Elon Musk

Artificial intelligence, according to Elon Musk, will replace humans in every field, but that doesn’t always mean a negative thing. At a tech conference on Thursday, Elon Musk stated, “Probably none of us will have a job,”At VivaTech 2024 in Paris, Musk spoke via a webcam in which he predicted a time when jobs will be “optional.”Musk […]

Sometimes, adopting a fake identity online is necessary to keep you safe.

The risk of using an unguarded identity Doing things on the internet could actually be a risky affair. Malicious persons are interested in your personal information and will stop at nothing to obtain it for their own gain. The very least you should expect is a deluge of spam and phishing messages if you use an […]

Facebook wants to train its AI using your posts. Here’s how to voice your objection.

Facebook’s privacy policy regarding generative AI capabilities, including Meta AI, will change on June 26, 2024. The AI will then examine all user posts and pictures in order to train itself and enhance services like the AI Creative Tool. At the moment, Meta is informing people about this on Facebook. Only public expressions and photos […]

TikTok is suing the US government In an effort to squash a bill that would ban the app.

Due to a law that aims to make the app’s Chinese owner, ByteDance, sell it within nine months or face a ban in the United States, TikTok has sued the US government. The well-known video-sharing site is attempting to stop the newly passed law, claiming that it goes against the US constitution, particularly the first amendment’s protection […]