Meta, formerly known as Facebook, is moving ahead with its metaverse plan despite concerns about the impact on children. The company has announced that 10-12 year olds will soon be able to engage in chats and calls in VR, creating a new way for youngsters to connect. Parents will have the ability to approve individual
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The cryptocurrency landscape has been marred by a significant increase in hacking incidents, as hackers managed to steal a staggering $1.38 billion worth of crypto in the first half of 2024. This amount more than doubled compared to the $657 million stolen in the same period a year ago. These attacks were largely driven by
Artists pour their heart and soul into their creations, only to have their work stolen and profited off by others. The feeling of devastation when seeing your art being used without permission is indescribable. Artist Jödicke expressed this sentiment when he stated, “I almost wanted to give up on my art, because I felt so
Samsung Electronics, the South Korean tech giant, has made headlines with its impressive financial performance in the second quarter of the year. The company’s stock reached its highest level since January 2021, following the announcement of better-than-expected profits. The stock surged by 2.24% on Friday morning, reaching a high of 86,500 Korean won ($62.73). Samsung
Salesforce investors recently voted against the company’s compensation plan for top executives, citing concerns about equity awards granted to CEO Marc Benioff. Despite the board’s recommendation to approve the compensation plan, the resolution received 404.8 million votes against and only 339.3 million votes in favor at the annual meeting. For the 2024 fiscal year, Benioff
The news industry has recently faced challenges due to the rise of artificial intelligence, with OpenAI being at the forefront of the controversy. The Center for Investigative Reporting, a well-known nonprofit newsroom, has taken legal action against OpenAI and Microsoft, accusing them of copyright infringement. This lawsuit is just one of many that have been
The landscape of online grocery deliveries is on the brink of a massive transformation, thanks to the advancements in artificial intelligence. Picnic, a Dutch app-only supermarket, is leading the way in this revolution as it expands rapidly into Germany and France. By offering free delivery within a 20-minute time window, Picnic has disrupted the traditional
Facial recognition startup Clearview AI recently settled a lawsuit in Illinois alleging that their extensive collection of facial images violated the privacy rights of individuals. The settlement, estimated to be worth more than $50 million, involves a unique agreement that gives plaintiffs a share in the potential value of the company, rather than a typical
Bunq, a digital bank based in the Netherlands, is currently in the process of securing a banking license from U.K. financial regulators. This move comes as the company seeks to reenter the U.K. market after being forced to exit due to Brexit in late 2020. CEO and founder Ali Niknam expressed optimism about the possibility
In a recent development, Meta has introduced a new subscription offering called “Meta Verified” that allows users to purchase a blue checkmark for $14.99 per month. While the specific numbers related to the uptake of this new feature have not been disclosed by Meta, it is evident that the social media giant is placing a