Tag: Tech

Tech

Dark web AI tool ‘WormGPT’ threatens cybersecurity – Researchers

Researchers have sounded the alarm about a dangerous AI tool known as “WormGPT” that is being marketed on the dark web as a potent weapon for hackers. Unlike legitimate AI models such as ChatGPT and Bard, WormGPT operates without ethical boundaries or limitations, making it an alluring choice for cybercriminals. Designed specifically for malicious activities, […]

Ex-Vimeo exec named CEO of Tubi
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Ex-Vimeo exec named CEO of Tubi

A former longstanding leader of the video-sharing website Vimeo, Anjali Sud, was appointed on Monday as the CEO of the Fox group’s streaming service Tubi. After around nine years as CEO of the streaming service, Sud just announced his resignation. Paul Cheesbrough, CEO of the Tubi Media Group, takes over from him. Prior to joining […]

Wix launches AI text generator
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Wix launches AI text generator

Web development platform Wix has launched an AI text generator to enable users to create customised content for certain website areas. The text for a given site is produced by the AI template text creator. Along with Wix’s collection of AI picture editing, fine-tuning, and creation capabilities, there is now an AI domain generator for […]

Crypto lender Celsius CEO Alex Mashinsky arrested, sued for fraud
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Crypto lender Celsius CEO Alex Mashinsky arrested, sued for fraud

Celsius Network’s creator and former CEO, Alex Mashinsky, has been detained and charged with fraud on Thursday, according to a U.S. prosecutor in New York. According to the indictment, which was made public on Thursday, Mashinsky, 57, was accused with seven criminal crimes, including securities fraud, commodities fraud, and wire fraud, while Roni Cohen-Pavon, Celsius’ […]

Adobe to launch Photoshop for mobile users
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The British antitrust watchdog revealed on Thursday that it would thoroughly investigate Adobe’s $20 billion offer for the online creative platform Figma. The Competition and Markets Authority reported late last month that it had detected issues in the supply of screen design software, where the companies compete, and found that the acquisition could result in […]

Tumblr boss laments $30m loss annually
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Tumblr boss laments $30m loss annually

Tumblr’s CEO, Mullenweg has disclosed the company spends around $30 million more annually than it makes in revenue. The blogging platform, which was founded in 2007, was purchased for $1 billion in 2013 by Yahoo, but in 2019, WordPress parent company Automattic purchased Tumblr for just $3 million. Tumblr has a devoted following of power […]

Snpachat expands more into AI with ‘Dreams’
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Snapchat partners Linktree to allow users profile links

Snapchat has partnered with Linktree for users to include their Linktree (or any other) URL on their bio. With the help of the link-in-bio tool, users can now display a social media icon and a “Add me on Snapchat” button on their Linktree page to showcase their Snapchat profile. Linktree will also have a spot […]

Nigerian startup Medsaf lays off all staff
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Nigerian startup Medsaf lays off all staff

Nigerian health-tech startup Medsaf has let off 30 full-time staff members of the company. According to the TechCabal, the company’s COO, Rotimi Lawal, informed staff members via Slack that Medsaf had to reduce staff due to “challenges ranging from funding gaps to account receivables due to different the macroeconomic policies and dismal payment behavior of […]

Robots to be future companions in care homes - Expert
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Robots to be future companions in care homes – Expert

Nadine, a social robot with artificial intelligence that mimics human movements and expressions, may play a significant part in the future of caring for the elderly and sick. Nadine’s auburn hair and dark brown eyes were modelled by robot expert Nadia Magnenat Thalmann from the University of Geneva. She believes that Nadine and similar machines […]

Data privacy: EU sets rules to accelerate big tech probe
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Data privacy: EU sets rules to accelerate big tech probe

The European Commission has announced the introduction of new rules aimed at facilitating faster cross-border investigations by privacy watchdogs. Critics, however, argue that investigations into privacy breaches by big tech companies often take too long, and the resulting fines are insufficient to deter such breaches, thereby undermining the effectiveness of the EU’s General Data Protection […]

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Samsung sues Chinese rival BOE for patent infringement

South Korea’s renowned technology giant, Samsung Display, has initiated legal proceedings against Chinese competitor BOE Technology, alleging infringement of five patents related to displays used in mobile devices, including Apple’s popular iPhone 12. In a filing made with a federal jury in Texas, Samsung Display, a subsidiary of Samsung Electronics, seeks damages for the violation […]

Meta to unveil Twitter-like 'Threads' app
Tech

Meta to unveil Twitter-like ‘Threads’ app

In response to Twitter’s recent limitations, Meta Platforms, formerly known as Facebook, is gearing up to launch Threads, a microblogging app. The move is to provide an alternative platform for users seeking unrestricted communication. The announcement comes just days after the executive chair of Twitter, Elon Musk introduced a temporary cap on the number of […]