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Disney lays off metaverse division staff over broader restructuring

Disney lays off metaverse division staff over broader restructuring

Pranali Mehta Date: March 29, 2023
The Walt Disney Co., a leading U.S.-based mass media and entertainment company, has reportedly planned to shut down its metaverse segment as part of staff cutbacks that intends to trim the headcount b....
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Pinterest tests new shopping features for Shuffles collage integration

Pinterest tests new shopping features for Shuffles collage integration

Pranali Mehta Date: March 28, 2023
Pinterest, the U.S.-based image-sharing and social media platform, has reportedly announced new testing ways to incorporate Shuffles collage content within Pinterest, beginning with shopping. Shuff....
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Pittsburgh-based tech startup Duolingo to develop a music app

Pittsburgh-based tech startup Duolingo to develop a music app

Pranali Mehta Date: March 22, 2023
Duolingo, a language learning company established in Pittsburgh with more than 500 million users, is reportedly working on developing a music app. As per a job advert on Duolingo's careers webs....
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Sweden’s Candela secures another $20M to launch hydrofoil shuttle P-12

Sweden’s Candela secures another $20M to launch hydrofoil shuttle P-12

Pranali Mehta Date: March 21, 2023
Candela, the leading boat builder based in Stockholm, Sweden, has reportedly planned to roll out its latest commercial hydrofoil shuttle, dubbed the P-12, this summer. Apparently, the firm expects ....
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EU takes steps for greater investment in local green tech production

EU takes steps for greater investment in local green tech production

Pranali Mehta Date: March 18, 2023
The European Union has recently revealed two draft laws to counteract US subsidies that may potentially lure cleantech firms from Europe into North America. The proposed Acts include the Critical Raw ....
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Microsoft cutbacks entire AI dedicated team as it dives into OpenAI

Microsoft cutbacks entire AI dedicated team as it dives into OpenAI

Pranali Mehta Date: March 15, 2023
Microsoft, the leading American technology giant, has reportedly terminated an entire team in charge of directing artificial intelligence (AI) innovation toward ethical, sustainable, and responsible o....
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KAIST to initiate research project for new drone technology amid NK threats

KAIST to initiate research project for new drone technology amid NK threats

Pranali Mehta Date: March 14, 2023
The Korea Advanced Institute of Science and Technology (KAIST) reportedly disclosed on Monday that it would launch a comprehensive research effort to create new drone systems in order to better defend....
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YouTube lifts controversial profanity rules after creators’ criticism

YouTube lifts controversial profanity rules after creators’ criticism

Pranali Mehta Date: March 08, 2023
YouTube, the renowned U.S.-based online video-sharing platform, has reportedly announced that it is relaxing the divisive profanity policies that it implemented at the end of last year. According to t....
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iPhone supplier Foxconn’s profit falls by 11.65% as demand slumps

iPhone supplier Foxconn’s profit falls by 11.65% as demand slumps

Pranali Mehta Date: March 07, 2023
Foxconn, the biggest supplier of Apple’s iPhones, has reportedly experienced a fall in revenue by over 11.65% as compared to the same period last year owing to the plunge in electronics demand. ....
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Snapchat to roll out ‘My AI’ chatbot powered by OpenAI’s GPT tech

Snapchat to roll out ‘My AI’ chatbot powered by OpenAI’s GPT tech

Pranali Mehta Date: March 01, 2023
Snapchat, the U.S.-based instant messaging application, has reportedly announced its plans to roll out My AI, its novel chatbot that uses the most recent edition of OpenAI's GPT technology and has....
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YouTube lifts controversial profanity rules after creators’ criticism

YouTube lifts controversial profanity rules after creators’ criticism

iPhone supplier Foxconn’s profit falls by 11.65% as demand slumps

iPhone supplier Foxconn’s profit falls by 11.65% as demand slumps

Snapchat to roll out ‘My AI’ chatbot powered by OpenAI’s GPT tech

Snapchat to roll out ‘My AI’ chatbot powered by OpenAI’s GPT tech

Oppo, Xiaomi, Vivo to bring satellite communications to their devices

Oppo, Xiaomi, Vivo to bring satellite communications to their devices

U.K.’s cloud-native airport management platform AeroCloud raises $12.6M

U.K.’s cloud-native airport management platform AeroCloud raises $12.6M

Africa’s Chipper Cash cuts more jobs after already cutting 12.5% staff

Africa’s Chipper Cash cuts more jobs after already cutting 12.5% staff

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