Meta Platforms, the parent company of Facebook and Instagram, is poised to introduce advertisements on its Threads app in early 2024. Launched amidst the uncertainties surrounding X (formerly Twitter), Threads has quickly gained traction, boasting 275 million monthly active users as of October 2023. However, despite this impressive growth, Meta does not foresee ads becoming […]
OpenAI's Shift in AI Model Development
In the realm of artificial intelligence, OpenAI is spearheading a transformative change in the development of large language models. The traditional methodology, which focused heavily on expanding datasets and harnessing greater computing power, is becoming less effective. As we witness an industry-wide pivot, the latest advancements from OpenAI, particularly with their new model, signify a […]
Google Launches AI App for iPhone
In a significant move towards enhancing user experience, Google has recently launched the Gemini app on Apple’s App Store, introducing an advanced voice-interaction feature named Gemini Live. This innovation aims to transform conversations with AI, positioning Google firmly at the forefront of voice assistant technology. This shift comes amid increasing competition in the sector, particularly […]
InVideo Launches AI Video Creation Platform: Revolutionizing Video Content Creation
In an era where digital content reigns supreme, InVideo, an innovative Indian video editing platform, has taken a significant leap forward by launching its AI-powered video creation tool, InVideo v3.0. This advanced platform enables users to generate videos from simple text prompts in various styles, including live-action and animation. This development piques the interest of […]
Tether Unveils New Asset Tokenisation Platform
Tether has recently introduced Hadron, a groundbreaking platform for asset tokenisation, aimed at institutions, corporations, fund managers, and governments. This innovative platform, announced on November 14, allows clients to tokenise a variety of assets, including stocks, bonds, stablecoins, and loyalty points, within a secure and regulated framework. CEO Paolo Ardoino emphasized Hadron’s potential to transform […]
This Week, Gap Proves Its Staying Power
In a pivotal week for Gap Inc., the company’s earnings report is poised to shed light on whether the ambitious efforts of CEO Richard Dickson to revive the brand and increase sales have resonated with consumers. After a challenging period, Gap appears to be emerging from the shadows with a renewed focus on creativity and […]
Kering’s Balenciaga CEO Charbit Set to Lead Yves Saint Laurent
Kering SA, the luxury fashion powerhouse, is reportedly considering Cedric Charbit, the current CEO of Balenciaga, as the next leader of Yves Saint Laurent. The anticipated transition comes in the wake of Francesca Bellettini, the incumbent CEO, stepping into a more prominent role within the struggling French fashion conglomerate in 2023. This strategic move is […]
Tech Entrepreneur Sentenced for Bitcoin Theft
Ilya Lichtenstein, a New York tech entrepreneur, has received a five-year prison sentence for laundering stolen cryptocurrency from Bitfinex, one of the world’s largest cryptocurrency exchanges. The case highlights significant issues surrounding cybersecurity and cryptocurrency theft, raising questions about regulatory measures and the responsibilities of cryptocurrency platforms. In 2016, Lichtenstein was involved in a sophisticated […]
La Vanguardia's Bold Move: Cutting Ties with X Over Toxic Content
La Vanguardia, one of Spain’s most significant newspapers, has announced its decision to cease all activity on X, the platform previously known as Twitter. This choice underscores an increasing wave of concern regarding the platform’s approach to moderation, especially under the ownership of Elon Musk. The publication highlighted alarming issues around hate speech, disinformation, and […]
British Tech Companies Explore Indian Opportunities
In a strategic move to bolster economic ties, the United Kingdom is sending a trade delegation to Kolkata focused on two of the most transformative sectors today: artificial intelligence (AI) and semiconductors. This visit, scheduled for November 18-19, 2024, will feature 17 prominent British organizations that specialize in technological innovations. Their mission is clear: to […]
