In a startling turn of events, Bitcoin, the world's leading cryptocurrency, has seen its value dip below the $25,000 threshold for the first time in three months. This descent, which took place on June 15, saw Bitcoin's price plummet by 4% in just 30 minutes, dropping from $25,867 to $24,819. At the time of this report, Bitcoin was teetering just…
In a significant move toward expanding its augmented reality (AR) endeavors, Apple has discreetly acquired Mira, a startup specializing in AR technologies. This acquisition has opened doors to intriguing possibilities, particularly in the realm of military applications and amusement parks. Mira, a company that has garnered attention for producing AR headsets for both the US military and Nintendo theme parks,…
Time Magazine's annual list of the 100 most influential companies in the world for 2023 has once again captured the attention of business enthusiasts and tech aficionados. Dividing the winners into five distinct categories - leaders, movers, innovators, titans, and pioneers - the list celebrates the remarkable impact these companies have had on the global landscape. Unsurprisingly, artificial intelligence startups…
Meta, formerly known as Facebook, has unveiled its latest innovation in AI technology—Voicebox AI. This groundbreaking tool is designed to generate spoken speech based on textual cues, representing a significant leap forward in the field of voice assistants and speech synthesis. Voicebox AI operates on a model reminiscent of OpenAI's ChatGPT and DALL-E, albeit with a unique focus on generating…
In a groundbreaking move, the US Food and Drug Administration (FDA) has given the green light for Neuralink, the brainchild of Elon Musk, to conduct human trials for its revolutionary brain-computer interface (BCI). This development comes despite ongoing federal investigations into alleged violations of the Animal Welfare Act by the company. Founded in 2016, Neuralink aims to commercialize its proprietary…
Intel, the stalwart in semiconductor technology, is poised to revolutionize chipmaking with PowerVia. This groundbreaking approach represents a radical departure from traditional chip fabrication methods, promising significant improvements in performance and efficiency. Conventionally, computer chips are assembled in layers, starting with the smallest components—transistors. Layers of increasingly larger wires, or interconnects, are then added to connect these transistors and different…
Meta, formerly known as Facebook, is implementing a revised remote work policy for its full-time employees, according to reports received by employees on Thursday. Starting in September, employees will be required to physically show up to work at least three times a week. The decision reflects Meta's commitment to fostering collaboration, relationships, and a strong company culture. While the company…
In a surprising revelation, Bobby Kotick, the CEO of Activision Blizzard, recently shared that the company had once considered acquiring Time Warner, the owner of Warner Bros. and HBO. The ambitious plan was contingent upon AT&T's failure to complete its $85.4 billion acquisition of the media and entertainment giant. Unfortunately for Activision Blizzard, the deal went through in 2018, thwarting…
IBM, a pioneer in the realm of quantum computing, is setting its sights on an astonishing milestone: the creation of a 100,000-qubit quantum machine within the next decade. This audacious endeavor was announced at the G7 summit in Hiroshima, Japan, where IBM revealed its collaboration with the University of Tokyo and the University of Chicago on this monumental $100 million…
Twitter's recent announcement of its API Pro plan, priced at $5,000 per month, has sent shockwaves through the developer community. This new subscription model, aimed at expanding startups, offers increased access to the Twitter API but comes with a steep price tag. While the company claims to provide enhanced features and options, many developers argue that the cost is exorbitant…
