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...
Read More »OpenAI CTO’s Twitter Account Hacked, Used to Promote Fake $OPENAI Crypto Airdrop
The fake $OPENAI token tweet remained active for about an hour. Another story of hackers compromising the Twitter accounts of famous personalities to steal crypto has come to light with the news that OpenAI Chief Technology Officer Mira Murati’s account was hacked. A yet-to-be-identified entity managed to gain unauthorized access to her account. The hacker used Mira’s Twitter account to promote a fake $OPENAI token airdrop, claiming that the token was motivated through AI-based language...
Read More »Elon Musk Confirms Twitter Rebranding to X Super App for Microblogging and Financial Services
Morphing from Twitter into X, the new super app will offer users multiple services and will effectively be the WeChat of the West. Twitter CEO Elon Musk has confirmed that the microblogging website will rebrand to X sometime in the near future. Elon Musk responded with “True” to a tweet announcing the forthcoming rebranding. According to the tweet, the new X platform will do much more than allow users to send short tweets. Users will be able to enjoy long text, messaging, video, and...
Read More »Apple Likely to Launch Two Mac Products at Upcoming WWDC
Apple is focused on overhauling the Mac line with the new computer as well as attracting more customers, especially now that there is a static stretch in the computer industry. There are suspicions that American multinational technology giant Apple Inc (NASDAQ: AAPL) will be launching two highly anticipated Mac models in the upcoming Worldwide Developers Conference (WWDC) which will be held next week. These rumors are stemming from the fact that the technology company has begun the...
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