Wang Chuanfu, Chairman of BYD Co., China’s leading automaker, has claimed that European and US politicians are apprehensive about Chinese electric vehicles (EVs). Speaking at an industry summit in Chongqing, Wang criticized Western efforts to restrict imports of Chinese-made cars, portraying it as a reaction to the strength of China's automotive industry. "If you are not strong enough, they will…
Instagram is testing a new feature that could transform the way users experience ads on the platform. The social media giant confirmed on June 3, 2024, that it is experimenting with unskippable ads, which require users to watch ads before they can continue browsing the app. This update, initially reported by TechCrunch, marks a significant shift in Instagram's advertising strategy…
In recent years, TikTok has undergone remarkable growth and evolution, solidifying its place as a powerhouse in the social media sphere. According to a recent YouGov report, 21% of Americans now use TikTok weekly, marking a quadruple increase since 2021. Despite ongoing privacy concerns and regulatory challenges, TikTok remains a pivotal platform for marketers aiming to connect with a diverse…
The venerable Geneva International Motor Show, an automotive tradition since 1905, is officially ending its long-running journey, organizers announced on Friday. This decision marks the conclusion of one of the world's oldest and most prestigious auto shows, a staple event in the automotive industry for over a century. The inaugural Geneva International Motor Show drew 17,000 visitors in 1905, setting…
Amazon.com (AMZN.O) has announced that U.S. customers can now order from Grubhub directly on its shopping app and website, extending a deal that provides Prime members with no-fee access to Grubhub+ membership. As part of the enhanced agreement, Amazon Prime members will continue to enjoy a complimentary Grubhub+ membership, valued at $120 annually. This membership offers free delivery on orders…
Amidst intensifying scrutiny over the use of copyrighted material by tech giants, OpenAI has sealed a significant multiyear agreement with News Corp, heralding a pivotal juncture in the convergence of artificial intelligence and media collaboration. Reported by The Wall Street Journal, the five-year deal, potentially valued at an impressive $250 million, signifies OpenAI's strategic move to incorporate news content from…
Nvidia CEO Jensen Huang has seen his net worth surge from $3 billion to a staggering $90 billion over the past five years. This meteoric rise has been driven by Nvidia's exponential growth, primarily fueled by its dominance in the artificial intelligence (AI) processor market. Nvidia's Stock Soars with AI Boom On Thursday, Nvidia shares experienced a significant rally, closing…
US President Joe Biden is ramping up tariffs on Chinese-made electric cars, solar panels, steel, and other goods. The White House said the measures, which include a 100% border tax on electric cars from China, were a response to unfair policies and intended to protect US jobs. China said it was opposed to the hikes and would take retaliatory measures.…
Geoffrey Hinton, often hailed as the “Godfather of Artificial Intelligence,” has proposed the introduction of a universal basic income (UBI) to address the potential job displacement caused by the rapid development of AI technologies. Hinton recently shared his concerns and solutions in an interview with the BBC. Geoffrey Hinton told the BBC he was "very concerned that a lot of…
At the end of I/O, Google’s annual developer conference at the Shoreline Amphitheater in Mountain View, Google CEO Sundar Pichai revealed that the company had said “AI” 121 times. That, essentially, was the crux of Google’s two-hour keynote — stuffing AI into every Google app and service used by more than two billion people around the world. Here are all…
