Tag: Tech

Australia fines Telegram $640K for delayed response on online safety
News Tech

Telegram launches stories feature for premium users

Telegram in a tweet on Friday disclosed that its expanding the availability of its Stories feature to Premium users. A month after Telegram CEO Pavel Durov said that the chat app would have Stories in July, the official rollout for Premium users has begun. You may control who can view each of your tales by […]

Tata to build £4 bn electric car battery factory in UK
Tech

Tata to build £4 bn electric car battery factory in UK

India’s Tata Group has announced plans to construct an electric vehicle battery plant in Britain. With an investment of GBP 4 billion, the new factory will play a vital role in securing the long-term future of the automotive sector by enabling domestic battery production. British Prime Minister Rishi Sunak hailed Tata’s multi-billion-pound investment as a […]

Ami Gan exits OnlyFans after two years
News Tech

Ami Gan exits OnlyFans after two years

OnlyFans CEO, Ami Gan is leaving the company after around two and half years. Keily Blair, chief strategy and operations officer, will become the new CEO. In a tweet on Twitter, Gan said, “Spending nearly 3 years at OnlyFans while it echoed throughout the cultural zeitgeist, has been beyond rewarding,” Perhaps the most well-known site […]

Kenya restricts Telegram as protest gains momentum
News Tech

Telegram raises $210 million through bond

Telegram has raised roughly $210 million from a number of investors, including its founder and CEO Pavel Durov, through the issue of bonds. The messaging service, which has over 800 million monthly users, raised money by issuing $270 million worth of bonds. The bonds have a different issuance price because interest rates have increased dramatically […]

Infosys bags $2bn deal for AI, automation services
Tech

Infosys bags $2bn deal for AI, automation services

Indian software services exporter, Infosys has made a significant move by signing a five-year deal worth $2 billion to provide artificial intelligence and automation services to an undisclosed client. The agreement encompasses the development, modernization, and maintenance of AI and automation-related services, BNN reported. This landmark deal highlights the growing significance of AI in the […]

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
News Tech

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
News Tech

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
News Tech

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
News Tech

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
News Tech

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’
News Tech

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 […]