The tech industry has seen a significant wave of layoffs in 2024, with over 150,000 job cuts across 542 companies. This trend is expected to continue in 2025, with major players like Google, Tesla, and Microsoft announcing further reductions. The impact of these layoffs on innovation and the job market is a pressing concern, with…
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Recent data breaches have exposed the personal information of millions of individuals, including students, teachers, and patients. The PowerSchool breach, one of the largest in recent history, affected over 62 million students and 9.5 million teachers in the United States. Additionally, a hacker stole a million patient records from a nonprofit healthcare provider, and stalkerware…
The Securities and Exchange Commission (SEC) has issued new guidance stating that most meme coins are not considered securities under United States federal law. This shift in stance is expected to have significant implications for the cryptocurrency market, with potential benefits for investors and the growth of the industry. The SEC’s decision comes as a…
The fintech industry is facing a tumultuous period, with high-profile lawsuits, security breaches, and shifting regulatory landscapes. Charlie Javice, the founder of student financial planning aid startup Frank, is on trial for allegedly defrauding JPMorgan Chase out of $175 million. Meanwhile, crypto exchange Bybit suffered a massive hack, and Coinbase and Robinhood have seen their…
Apple has released the first developer beta for iOS 18.4, featuring a new “Priority Notifications” feature powered by Apple Intelligence. This innovative feature aims to help users manage their notifications by prioritizing important alerts and minimizing distractions from less important ones. The feature is currently available for developers, with a public release expected in the…
Nvidia CEO Jensen Huang has made a surprising statement about the impact of DeepSeek’s R1 open source reasoning model on the chipmaker’s business. Huang claims that the market got it wrong, and the release of R1 is actually good for the AI market, accelerating its adoption and making it more efficient. This news comes after…
Meta, despite announcing plans to cut 5% of its employees, is expanding in India by setting up a new site in Bengaluru, the country’s tech hub. The company is currently hiring for 41 positions, mostly software and machine learning engineer jobs, and roles focused on designing chips for Meta’s data centers. This move represents a…
Apple has announced that its generative AI platform, Apple Intelligence, will be integrated into the Vision Pro as part of the upcoming visionOS 2.4 update. This integration will bring features like Rewrite, Proofread, and Summarize to the wearable display, enhancing the user experience and making it more suitable for on-device workflow. The update is set…
Humane, a Silicon Valley-based AI hardware startup, has been partially acquired by HP for $116 million, a significant decrease from its initial venture capital funding of $240 million. The acquisition has resulted in layoffs for some employees, while others have received job offers from HP with pay increases and bonus plans. The newly formed innovation…
Amazon has announced that it will discontinue its app store for Android on August 20, 2025. This decision comes after the company stated that it will focus its efforts on the Appstore experience on its own devices, such as Fire TV and Fire Tablet. The app store will still be functional on these devices, but…