| 26.04.2024 03:12
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission announced this week that it will be providing refunds totaling more than $5.6 million to customers who purchased certain home security cameras made by Ring, a company owned by Amazon. This settlement comes after the F.T.C. sued Ring last May, accusing the company of all...
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| 22.04.2024 19:55
The EU ratchets up pressure on TikTok's new rewards app over risks to kids, warns of suspension
The European Union has demanded TikTok provide more information about its new app, TikTok Lite, which pays users to watch videos. The EU's executive Commission has opened formal proceedings to determine whether the app breaches the bloc's new digital rules after its rollout in France and Spain. The...
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| 15.02.2024 03:58
Cisco Systems Announces Massive Layoffs Amidst Tech Industry Downturn
In a move that reflects the growing trend of job insecurity in the technology industry, Cisco Systems, the internet networking pioneer, has announced that it will be laying off over 4,000 employees. This decision comes as a response to the company's latest quarterly results, which showed a decrease...
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| 30.01.2024 09:51
Elon Musk's Neuralink implants brain chip in first human patient
Tech billionaire Elon Musk's brain-science startup, Neuralink, has successfully implanted a device in a human for the first time, according to an announcement made by Musk on social media platform X. Although Musk did not disclose the identity of the patient or provide specific details about the pr...
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| 15.12.2023 01:35
Former Facebook Diversity Leader Admits to Stealing $4 Million
In a shocking revelation that has sent shockwaves through the tech industry, an Atlanta woman has pleaded guilty to stealing over $4 million from Facebook while she held a prominent position as an executive at the company. Barbara Furlow-Smiles, who served as the lead strategist, global head of emp...
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| 03.12.2023 19:24
The Visionaries Driving the AI Revolution
In the world of artificial intelligence, there are key figures who have influenced its development and pushed the boundaries of technology. One such individual is Sam Altman, the CEO of OpenAI, a San Francisco-based AI lab. Altman played a crucial role in the creation of OpenAI after meeting with E...
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| 23.11.2023 04:59
Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action
In the midst of ongoing scandals within the cryptocurrency industry, Washington policymakers are showing little interest in enacting legislation to regulate the sector. The latest development is Binance's multibillion-dollar settlement with U.S. authorities and the subsequent resignation of its CEO...
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