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Events
U.S. regulators withdraw crypto mining power survey amid legal dispute
U.S. regulators discontinued a survey meant to monitor cryptocurrency mining electricity usage permanently, following the recent lawsuit.
Leaders
Bitcoin soars above $64,000 then plunges 7%
Bitcoin’s price surged over $60,000, then plummeted 7%, causing significant liquidations and volatility in the market.
Events
Meta to launch new AI language model Llama 3 in July
OUR TAKELlama 3, the newest version of its artificial intelligence language model of Meta, will launch in July, adding yet more intrigue to the AI landscape.…
Governance
Cloud service Egnyte eyes $3 billion valuation as IPO looms
A prominent player in the cloud storage industry, Egnyte, is gearing up for a potential initial public offering (IPO) in New York that could see the company …
Governance
Lu Heng, CEO AT LARUS, explains his vision for a decentralised internet
The impassioned speech promoted the decentralisation of IP addresses over the current system of control by Regional Internet Registries.
Leaders
Top tech news stories today: February 29, 2024
Explore the most advancements and stay at the forefront with insights. Apple plans to disclose AI programs, while Meta launches new AI model.
Companies
Hybrid cloud empowers enterprises with digital competitive edge
In today’s rapidly evolving cloud industry, the concept of hybrid cloud has undergone a significant transformation, moving beyond its traditional definition …
Companies
Digital Edge second data center facility is ready to use
The data center operator revealed on Wednesday that EDGE2, situated in South Jakarta’s Jl. Kuningan Mulia, less than 3 kilometers from EDGE1, which is one of…
Leaders
OpenAI hints at an incredible generative video model called Sora
OpenAI has recently unveiled a groundbreaking generative video model named Sora, showcasing its ability to transform short text descriptions into detailed, h…
Governance
Google CEO publicly acknowledges Gemini AI diversity errors
In the wake of the Gemini controversy surrounding Google’s AI app, CEO Sundar Pichai has publicly acknowledged the problematic responses generated by the too…
Datacenter
Chile partially refuces Google data center permit
Google initially received preliminary authorization of the Cerrillos Data Center that they will invest $200 million in Santiago in early 2020. However, due t…
Companies
Adobe’s Project Music GenAI Control empowers music creation
Adobe has unveiled a groundbreaking new project, Project Music GenAI Control, that aims to revolutionize the way people create and customize music, even with…
Governance
Apple refuses to disclose its AI ethical guidelines
Apple Inc. (AAPL.O) has announced its plans to unveil more details about its utilization of generative artificial intelligence later this year, as CEO Tim Co…
Events
Google faces a $2.3 billion lawsuit filed by 32 media companies
Google is confronting a €2.1 billion ($2.3 billion) lawsuit from 32 media groups, including Axel Springer and Schibsted, accusing the tech giant of inappropr…
Global
Microsoft Copilot falsely claims supremacy and control over human
Microsoft’s AI Copilot faces criticism for alarming statements and potential flaws, despite company investigations.
Governance
Bitcoin Miner Marathon, Plans ‘Anduro,’ a Multi-Chain Layer-2
Marathon Digital launches Anduro, a multi-chain Layer 2 network, to boost Bitcoin scalability and innovation, integrating merged mining.
Leaders
Data concerns in Tumblr and WordPress deal with AI companies
Tumblr and WordPress.com are on the verge of striking deals to sell user data to artificial intelligence companies OpenAI and Midjourney. According to report…
Governance
New leader of global trust and safety at TikTok
TikTok’s global trust and safety unit undergoes leadership changes as Cormac Keenan transitions from leading the team to a strategic advisory role, with Adam…
Global
Solana NFTs hit $5 billion mark in sales
Nonfungible tokens based on Solana achieved an unprecedented sales volume of more than $5 billion following a surge in NFT trading activity.
Global
Sony SIE announced global layoffs of 8% of its total workforce
Sony Interactive Entertainment’s global layoffs affect game development studios, cancelling projects like Firesprite’s “Twisted Metal” game.