Author: Emirates Insight
By BY HOLCOMB B. NOBLE AND KATIE HAFNER from NYT TechnologyGordon E. Moore, co-founder and former chairman of Intel Corporation, passed away on Friday at his home in Hawaii at the age of 94. Intel and the Gordon and Betty Moore Foundation announced his death, but no cause was given. Along with a few colleagues, Moore was instrumental in bringing laptop computers to millions of people and embedding microprocessors into a wide range of devices from toasters, bathroom scales, toy fire engines, and cellphones to cars and jets. Although he had wanted to become a teacher, Moore became an “accidental entrepreneur”…
Canva has announced the release of its new AI tools that will assist users with both photo and video editing, just days after Adobe released its own AI tools on different creative platforms. As large tech companies like Google and Microsoft race to make their mark in the AI industry, smaller tech firms like Canva are also taking their share of the pie. The new AI tools by Canva are aimed to streamline and ease the design and video editing process for both brands and independent creators. The majority of these new AI features are made to aid users with social media…
Trax, a startup that provides logistics services for the eCommerce industry in Pakistan, has raised $3.7 million in seed funding. The funding round included participation from Amaana Capital, Tricap Investments, PNO Ventures, and several angel investors. Trax plans to use the funds to expand its offerings in fintech and other technology areas. The company, which was founded in 2017 and focuses on the eCommerce sector, claims to make one million deliveries per month and employs around 2,000 people. Pakistani eCommerce startups raised a total of approximately $190.27 million in 2022, while fintech startups and logistics startups received $100 million and…
By BY DAVID YAFFE-BELLANY from NYT Technology https://ift.tt/gfy5Ftx The Securities and Exchange Commission announced charges on Wednesday against a prominent cryptocurrency entrepreneur and a group of celebrities who promoted his ventures, including the actress Lindsay Lohan.The S.E.C. filed a complaint in federal court in the Southern District of New York charging the entrepreneur, Justin Sun, with securities law violations linked to his management of three crypto companies. The agency also charged eight celebrities, including Ms. Lohan and the social media influencer Jake Paul, with illegally promoting Mr. Sun’s cryptocurrencies.Ms. Lohan, Mr. Paul and four of the other celebrities agreed to pay a…
Social media users had shared images of chat histories with AI conversations they said were not theirs. A ChatGPT glitch allowed some users to see the titles of other users’ conversations, the artificial intelligence chatbot’s boss has said.On social media sites Reddit and Twitter, users had shared images of chat histories that they said were not theirs.OpenAI CEO Sam Altman said the company feels “awful”, but the “significant” error had now been fixed.Many users, however, remain concerned about privacy on the platform.Millions of people have used ChatGPT to draft messages, write songs and even code since it launched in November…
As technology continues to advance, new tools emerge that can help make our lives easier and more efficient. One such tool is BARD, an AI language processing tool developed by Google.BARD is an innovative AI tool designed to help users generate ideas and enhance productivity. This AI model is based on LaMDA (Language Model for Dialogue Applications), which was introduced by Google in 2019 as a conversational AI model capable of multi-turn dialogue. According to Google’s official website, BARD is an experiment based on the same technology that allows users to collaborate with generative AI.One of the most impressive features of…
By BY NICO GRANT AND CADE METZ from NYT Technology https://ift.tt/jzL1QT5 via: nytimes.com
By BY KAREN WEISE from NYT Technology https://ift.tt/8h5fzZC Amazon plans to lay off 9,000 corporate and tech workers by the end of April, adding to the 18,000 roles it already cut late last year and this January, Andy Jassy, the company’s chief executive, said in a note to employees on Monday.The new layoffs, which amount to roughly 3 percent of its corporate work force, will target workers in some of Amazon’s most profitable divisions, which had previously been spared, including Amazon’s cloud computing business and its advertising operations. Those two segments of the business are much higher-margin operations than Amazon’s core retail…
The corporation is taking the decision over privacy and security concerns about the popular app. The BBC seems to be the first UK media organisation to issue the guidance – and only the second in the world after Denmark’s public service broadcaster.The BBC said it would continue to use the platform for editorial and marketing purposes for now. TikTok has consistently denied any wrongdoing.The app has been banned on government phones in the UK and elsewhere.Countries imposing bans include the US, Canada, New Zealand and Belgium, while the same applies to anyone working at the European Commission.However, it is still…
By BY DAVID YAFFE-BELLANY AND ERIN GRIFFITH from NYT Technology https://ift.tt/SmaocCF rewrite it to make copyright free: At a cryptocurrency conference in Denver this month, a group of singers clad in bright orange onesies took the stage to perform what one industry website later described as an anthem for the crypto faithful, a “blockchain ‘Blowin’ in the Wind.’”The chorus was a list of crypto’s most notorious villains, from the trash-talking entrepreneur Do Kwon to the disgraced FTX founder Sam Bankman-Fried, punctuated by four-letter expletives.“In the next bull market, we promise not to use,” the song continued, “centralized exchanges run by these…