In a group statement, the moderators of the thousands of subreddits participating in the protest stated that the potential impact of these changes goes beyond the inconvenience caused to users who prefer third-party apps. In a remarkable show of solidarity, numerous Reddit communities have united to take collective action against an imminent change that threatens users’ ability to freely access APIs and tools. Starting today to June 14, these communities, which include popular crypto...
Read More »Sturdy Finance Hit in Fresh Exploit, Loses Over $800,000
DeFi hacks have gone through the roof in recent times and many will argue that the DeFi ecosystem has proven time and again that it is indeed an exploiter’s paradise. Decentralized finance (DeFi) protocol Sturdy Finance is the latest victim in a long list of DeFi hacks. The Sturdy Finance platform has reportedly lost 442 ETH (worth a little above $800,000 as of publication), to a daring security exploit. Blockchain security firm PeckShield was the first to notice what appeared to be a...
Read More »OpenAI CEO Sam Altman Unveils Optimism about Global Coordination on AI
OpenAI CEO Sam Altman expresses his positive outlook on the prospects of global AI coordination, emphasizing the need for collaboration and cooperation among nations. Sam Altman, the CEO of the trendy OpenAI chatbot, ChatGPT, in a series of recent interviews, has shared his optimism regarding the global coordination of artificial intelligence (AI) efforts. Serving as the prominent representative of this innovative startup, supported by the influential Microsoft Corp, the CEO has embarked...
Read More »Electric Carmaker Nio Cuts Down Prices, Delays Plans of Business Expansion
Considering the tight market conditions, Nio has also put its expansion plans on hold for the time being. It has stopped any additional incentive programs such as free battery swaps for new users. In the latest development on Monday, June 12, Chinese electric carmaker Nio announced cutting the prices of its cars by around $4,200 with immediate effect. Furthermore, the company shall also be ending free battery swaps for new buyers. This is quite surprising since back in April 2023, Nio CEO...
Read More »‘We’ve Seen Some Really Incredible Breakthroughs on Generative AI,’ Meta CEO Mark Zuckerberg Says
Meta will work towards making these AI capabilities accessible to people. Mark Zuckerberg recently revealed that Meta (NASDAQ: META) has been experiencing “incredible breakthroughs” in its use of generative artificial intelligence (AI). Like many other tech giants, Meta is also in the middle of the AI race, which has become the latest evolution in the market. Not only tech companies, but different organizations across diverse fields have also started adopting AI in the latest...
Read More »Meta Soon to Bring Broadcasting Tool ‘Channels’ for WhatsApp
WhatsApp Channels will function as a one-way broadcast tool allowing admins to send photos, texts, videos, stickers, and polls. Facebook parent Meta (NASDAQ: FB) has recently confirmed that it will soon debut its broadcasting feature Channels for its most-popular messaging service WhatsApp. Speaking on the development on Thursday, June 8, Meta said that the new Channels feature is similar to a “private broadcast service” wherein individuals and organizations can send messages as well as...
Read More »Louis Vuitton Launches Treasure Trunk Digital Collectible Priced at €39,000
Each Treasure Trunk from Louis Vuitton is a soulbound token that opens owners to exclusive experiences and designs. French luxury fashion house Louis Vuitton has launched its iconic travel trunk as a digital collectible in a collection called the VIA Treasure Trunk. The launch is part of Louis Vuitton’s affinity for digital adoption and Web3. The Treasure Trunks are part of Louis Vuitton’s broader “Via” project. Translated from Latin as “road”, Via is the fashion house’s project that...
Read More »Apple Vision Pro Will Compete with Meta Quest 3, Here’s Difference
Apple and Meta will be taking the battle on the frontier of mixed-reality headsets. Here’s a look into how each of the devices – Apple Vision Pro and Meta Quest 3 – compare with each other. Mixed Reality, AR, and VR is the new battleground for tech giants to compete with each other. While Facebook parent Meta has been in the game for a while, Apple just made a big bang entry into the space by unveiling its Apple Vision Pro during the WWDC 2023 event’s opening day on Monday, June 5....
Read More »Apple Stock to Hit All-Time High Following Upcoming Launch of AR/VR Headset at Developers Conference
Observers are watching Apple stock, expecting that it would spike as Apple announces a new headset for augmented or virtual reality. Apple Inc (NASDAQ: AAPL) stock is on track to open at a possible all-time high as the tech giant prepares to launch its first-ever augmented reality (AR) and virtual reality (VR) headset. The launch is considered by many as one of Apple’s most significant product launches in the company’s nearly 50-year history. AAPL has climbed over 1% to more than $182...
Read More »Japan Sends Warning to ChatGPT Creator OpenAI about Collecting Private User Data without Consent
Through its privacy commission, Japan issued a warning and threatened to take action against OpenAI if it violates any privacy regulation. Japan’s privacy agency has announced it issued a warning to OpenAI on using or collecting user data. The Personal Information Protection Commission (PPC) urged the ChatGPT creator to only collect sensitive information with consent from users. In the statement, the privacy watchdog suggests it is currently not investigating OpenAI for any breach of...
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