AI Takes Over: Oxford, Cambridge, and Merriam-Webster’s ‘Word of the Year’
TL;DR: AI (Artificial Intelligence) is dominating ‘word of the year’ lists at Oxford, Cambridge, and Merriam-Webster for the first time where typically cultural terminology wins the title. Reflecting societal and global emphasis on AI, the trend signifies the importance technology is attaining in our day-to-day language and thinking. Publications from both within and outside the […]
Making Apps Collaborative: Velt, a Y Combinator-Backed Startup
TL;DR: A startup named Velt has received backing from renowned seed money startup accelerator Y-Combinator. Velt aims to make more apps collaborative, marking a move toward more interconnected and interactive digital spaces. Article Under the banner of Y-Combinator, renowned for its support and backing of contemporary start-ups, Velt has emerged with an ambitious goal: to […]
Mastercard’s Shopping Muse: Your Personal AI Shopping Assistant
TL;DR: Key Highlights: Mastercard has unveiled a new AI-powered shopping assistant called Shopping Muse. The platform has been designed to offer personalized shopping recommendations to users based on their preferences and shopping habits. AI algorithms work in the background to analyze massive transaction data and detect patterns, enabling the system to suggest tailor-made product recommendations […]
UK Age Assurance Guidance: Thumbs Up for AI Age Checks & Digital ID Wallets
TL;DR: – The UK age assurance guidance has approved the use of artificial intelligence (AI) for age verification on pornography websites. – Other approved techniques include digital identification wallets and methods to estimate age based on online behavior. – The guidance has been issued by Ofcom, the government-approved regulator for broadcasting and telecommunications. – The […]
Cruise Faces Fines in California for Withholding Robotaxi Accident Details
TL;DR: Cruise Robotaxi Accident – Self-driving car company Cruise being fined for not revealing key details regarding a robotaxi accident in California. – The withheld details allegedly critical to reconstructing the event. – Uncertainty revolving around the reliability and safety of autonomous vehicles. Article Summary Cruise, a self-driving car company, is getting a taste of […]
SoftBank Corp Acquires 51% Stake in Cubic Telecom: A Major Leap into the Connected Car Industry
TL;DR: SoftBank Acquires Majority Stake in Cubic Telecom SoftBank Corp has invested a staggering $513 million to acquire a 51% stake in Cubic Telecom, an Irish company that specialises in connecting cars and other devices to wireless networks. This acquisition is evidently driving SoftBank’s aggressive plan to tap into the connected vehicle market, which is […]
Omniful: Unveiling a Supply Chain and E-Commerce Startup with $5.85M Funding
TL;DR: – Omniful, a startup specializing in supply chain and e-commerce enablement, successfully raises $5.85 million. – Company presents itself publicly after being in stealth mode. – The financial boost is aimed at increasing the startup’s market footprint. Article Omniful, a supply chain and e-commerce enabler, has recently come into the limelight with a successful […]
Discontinuing Cross-Messaging: A Major Change for Instagram and Facebook
TL;DR: The company Meta, previously known as Facebook, is planning to discontinue cross-messaging between Instagram and Facebook. The decision was influenced by the need to ensure privacy and separation of messages across different platforms. Meta wants to focus more on the individual growth and development of each platform. Users will be able to separate their […]
Facebook Kills PGP-Encrypted Emails: A Blow to Privacy
TL;DR: – Facebook has ceased support for PGP-encrypted emails, a move that some perceive as a step backwards in privacy and security. – A lack of widespread use was cited as the reason for ending the service, highlighting a relatively scarce uptake by the users on the platform. – This decision emphasizes the ongoing debate […]
Foretellix Raises $85M: Building & Testing Scenarios for Self-Driving Systems
TL;DR: Foretellix, a company focused on testing and verification of autonomous vehicles, has raised $85 million in its recent funding round. The funds are expected to be used to build and test scenarios for self-driving systems, improving design security and operational efficiency. The company uses a language alongside advanced analytics and automation to validate safety […]
