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Tag Archives: Technology News

Apple Working on AI-Powered Health Coaching Service

According to those familiar with the matter, the Quartz healthcare coaching app will have a monthly subscription fee. The launch date is not yet confirmed, it might be 2024 or later. Tech giant Apple Inc (NASDAQ: AAPL) is reportedly developing an application that will employ artificial intelligence (AI) and serve as a health coach. Codenamed “Quartz”, the application is designed to motivate users to take care of their health, keep track of their sleep, exercise, and make their eating...

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Jack Dorsey-Backed Bluesky Targets 1M Users at Launch as Twitter Wavers on Verification

Bluesky allows users to use domain names as handles to help achieve decentralized verification and give users more control over their identity. Bluesky, a social media platform created by former Twitter Inc boss Jack Dorsey, has gained significant traction even before its official launch. The official Bluesky Twitter account has more than 252k followers without a solid protocol to showcase to the users. Nevertheless, the Bluesky application has been downloaded more than 245k times by...

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FinTech Firm Klarna Overhauls App with TikTok-like Discovery Feed amid AI Hype

Klarna seeks to leverage the power of AI for offering curated shopping experiences to customers while also introducing TikTok features and new tools for advertisers. The artificial intelligence (AI) revolution is taking over and has only accelerated over the past few months. As a result, companies are making quick pivots to hop on the trend and adopt the prowess of this new tech revolution. Recently, fintech firm Klarna announced a massive redesign of its app while adding an AI-powered...

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California Lawmaker Introduces Bill to Incorporate DAOs

With Matt Haney taking a very bold step that is backed by the industry, seeing DAOs function as businesses will be a matter of time. A California lawmaker Matt Haney has introduced Assembly Bill 1229 which seeks to re-engineer and expand the state’s corporate to include Decentralized Autonomous Organizations (DAO). As reported by Decrypt, the proposed Bill, if passed, will enable DAOs, blockchain networks and smart contracts to register as businesses in the state. This registration will...

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ByteDance Pushes Lemon8 in US as TikTok Faces Possible Ban

Lemon8 growth in the US could also get the attention of US regulators, especially due to its relationship with ByteDance. Chinese tech giant and TikTok developer ByteDance is pushing another social media app, Lemon8, into the US market as TikTok faces a possible ban. The popular short video app is under pressure in the US due to concerns over the handling of users’ data. Already, more than 24 states in the country have banned TikTok on government-issued devices. US lawmakers have referred...

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KuCoin Loses $22,000 due to Twitter Hack, Exchange Announces Reimbursement

KuCoin has assured all the impacted users that it would reimburse them the amount lost while also pledging additional security measures. In the latest development, the hackers managed to briefly breach the Twitter account of the crypto exchange KuCoin thereby causing the exchange users to lose more than $22,000. Earlier today on April 24, hackers took over KuCoin’s Twitter account for 45 minutes, promoting a fake activity. Although the incident was brief, KuCoin has acknowledged that it...

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Cosmose AI and NEAR Foundation Partner to Improve Retail Shopping

Through the partnership with NEAR Foundation, Cosmose AI will expand its individualized experiences to its worldwide clientele through several channels. Cosmose AI, a leading AI and retail company, is partnering with NEAR Foundation to bring Web3 personalization to retail shopping. While the strategic investment by the NEAR Foundation was not disclosed, it raised the valuation of Cosmose AI from $100 million to $500 million. The partnership will leverage the power of AI and blockchain to...

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Tech Earnings Dominate Second Week of Q1 Reports with Amazon, Microsoft, Meta & Alphabet Leading Charge

In this week’s Q1 tech earnings reports, investors look for signs of staying power amid a recession-threatened economy.  Tech earnings will make up a significant portion of corporate Q1 earnings this week, in the second week of quarterly reports. Investors will be paying close attention to Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) in a packed week. Investors may also take cues from these corporate reports to determine the fiscal landscape as the Fed...

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Twitter Stripes Many High-Profile Users of Blue Checks

For the Twitter Blue subscription, only individuals retain the Blue Check while organizations that subscribed to the service will be given a yellow tick. Yesterday was a historic day for American multinational micro-messaging platform Twitter Inc as it striped its previously verified users of their Blue check marks. While the move has been tagged by many critics as a rude and dangerous precedent to set, the removal of the Blue Checks has been lauded by proponents in one of the hottest...

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Volkswagen to Launch First 100% EV Sedan and to Invest $1B in China’s EV Development

Prominent German automaker Volkswagen has announced plans to roll out its ID.7 EV across three continents within the next year.  Volkswagen appears set to stake its claim in China’s electric vehicle (EV) market by launching a higher-end car. The German motor vehicle manufacturer also plans to invest up to $1 billion to develop electric cars in China. This week, Volkswagen made the announcement at the Shanghai auto show, revealing its new “ID.7” EV sedan would launch in China this fall. The...

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