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Snap’s Slowing Ad Growth Sends Inflation Fears Through Tech Sector

Snap Inc on Thursday forecast no revenue growth in the typically busy holiday quarter, sending a warning signal that rising inflation and the war in Ukraine could hurt other tech companies dependent on advertising revenue. Shares of Snap dropped 27 percent in after-hours trading. The owner of photo messaging app Snapchat is the first of […]

Untangling the Microsoft Layoffs

In the current state of the world, the challenges the world is facing bleed into the economic aspect as well. The job market is more ruthless than ever. Layoffs, or as some like to refer to them, realignment, hit every pillar of the tech industry. Small fish are getting affected, and the giant whales are […]

Pinterest Follows All Social Media Platforms’ Footsteps, Copies TikTok

Through agreements with record labels, Pinterest is expanding the music selection for its TikTok-like video function. Today, the business unveiled agreements that will let Pinterest users include well-known music in their video posts, or Idea Pins. According to a Pinterest blog post, the partnering record labels are Warner Music Group, Warner Chappell Music, Merlin, and […]

Higher Ed Chatbot: AI Game Changer

Created by Joseph Weizenbaum in 1966, ELIZA was the first chatbot of its kind. The technology underwent several modifications and adjustments. Modern chatbots are powered by Artificial Intelligence (AI), such as Apple’s Siri, Microsoft’s Cortana, and Samsung’s Bixby. This innovation integrated itself into the daily life of the average man up to the point we […]

Cryptoverse: Flurry of Funds Bet on Bruised Bitcoin's Allure

A growing number of funds are betting on the long-term appeal of bitcoin and ether, a gritty gambit in the depths of a crypto winter. Unfazed by a collapse in prices over the past 11 months, investment firms have unleashed a flurry of exchange-traded funds, anticipating that elite cryptocurrencies and their underlying technology will eventually […]

Sustainable Food Supply Chains: How They Are Transforming

Sustainable food supply chains are necessary for maintaining global social stability. Meeting the needs of an ever-expanding population is no easy task. In order to accomplish this, the food business must handle a number of intricate problems, including greenhouse gas emissions and deforestation, worker safety and fair pay, as well as consumer nutrition and health. […]

Taiwan and U.S. Tensions with China Pose 'Serious' Challenges for Chip Industry - TSMC

Rising Taiwan-China and U.S.-China tensions have brought “more serious” challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday. Taiwan is a major producer of chips used in everything from cars and smartphones to data centres and fighter jets, and Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is the world’s largest contract […]

Meta Accepts UK Order to Sell Giphy After Antitrust Battle

Britain’s competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising. Meta said it would accept the Competition and Markets Authority’s (CMA) order to unwind the 2020 deal. “We are disappointed by […]

An Overview of the Optus Infotech Hack

Australian telecom giant, Optus, fell victim to a hack. Exposing nearly 2.1 million of its current and previous clients suffered a data leak of their personal and critical information. With at least one form of their identification number leaked due to the breach. Optus infotech has already started its quest to try and save itself. […]

du Partners with Abu Dhabi Department of Economic Development to Enable Telco Services on TAMM Platform

Dubai, UAE, 14 October, 2022: du, from Emirates Integrated Telecommunications Company (EITC), has partnered with the Abu Dhabi Department of Economic Development (ADDED) to enable telco services on TAMM, Abu Dhabi government services website. The announcement was made at GITEX Global 2022 – where du is presenting an innovative showcase under the theme ‘Powering Governments, […]