Twitch is experiencing yet another round of layoffs. According to reports, the Amazon-owned livestreaming company will announce the layoffs as early as this week, affecting 35% of the workforce, or about 500 people. When I reached out to Twitch for a comment, the company took some time to react. The …
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The artificial intelligence picture editor PhotoRoom is seeking $50–$60 million at a value of $500–$600 million
Some of the most popular smartphone apps of all time have allowed users to capture, edit, and share photographs. A fresh slew of firms are jumping into the fray as a result of the AI inflow. A Paris, France, company called PhotoRoom created a well-known AI-based picture editing tool and …
Read More »When it comes to detecting falls, Serenity uses a full-home radar system
Serenity, a revolutionary fall-detection system that eliminates the need for conventional wearables, is the product of a successful collaboration with Alarm.com. At the Consumer Electronics Show in Las Vegas, it is debuting its product. It becomes an integral part of your routine the moment you plug it in. An explanation …
Read More »In 2024, X anticipates changes in AI and peer-to-peer payment systems
Since purchasing the social network more than a year ago, Elon Musk has been outlining his plans for X, previously known as Twitter, to become an “everything app,” including money processing, creative tools, commerce, and more. The business is now pledging a timeline. X announced today its plans for the …
Read More »It’s possible that GenAI will render KYC obsolete
“Know your customer” (KYC) refers to a procedure that banks, fintech companies, and other financial organizations use to confirm the identity of their clients. A typical method of verifying a person’s identity in a KYC authentication process is the use of “ID images,” which are essentially cross-checked selfies. A number …
Read More »Azure Quantum Elements are powered by Microsoft
Microsoft has collaborated with the Pacific Northwest National Laboratory (PNNL) of the United States Department of Energy to narrow down millions of candidate new battery materials to only a few using its Azure Quantum Elements service. One of these materials is already in the prototype stage, according to Microsoft’s announcement …
Read More »Unity plans to lay off an additional 1,800 workers, or 25% of its total staff
Unity has reduced its employment yet again, only a few weeks after its most recent wave of layoffs. As the corporation strives to recover from a challenging year financially, around 1,800 workers will be let go in the next few weeks. One of the most popular gaming engines in the …
Read More »Three porn sites are subject to EU’s strictest online content rules
After being added to the EU’s Digital Services Act’s strictest list of platforms, Pornhub, Stripchat, and XVideos may use age verification technology. The EU named 17 VLOPs and two VLOSEs under the DSA in April. No adult sites were on the first list. The three platforms announced today change that. …
Read More »Now in open beta on iOS and Android, Spill
Elon Musk bought Twitter more than a year ago, and its effects are still being felt on other social platforms, including new ones. Ex-Twitter employees founded Spill, which is closing out its first year by opening its beta to all iOS and Android users. Spill, unlike X, alienates users with …
Read More »Claim raises $4M as a social network for earning and trading rewards with friends
A rewards app and social network called Claim raised $4 million in seed funding with Sequoia Capital as the lead investor. The startup wants to make shopping fun, rewarding, and social. With an invite-only beta launch in January, the app targets Boston college and university students. Claim lets friends and …
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