Finance
Pixxel Secures $36 Million Funding to Revolutionize Satellite Imaging
June 2, 2023 – Pixxel, an Indian satellite imaging startup based in Bangalore, recently announced the successful completion of a $36 million funding round. This marks a significant milestone for the country’s private space sector, following the Indian government’s decision to liberalize the industry in April earlier this year. Founded in 2019, Pixxel is currently…
Unleashing Innovation: The Revolutionary 3nm A17 Processor in iPhone 15 Pro Max
June 02, 2023 – Rumored Specifications Surface for iPhone 15 Pro Max As the release date for the iPhone 15 Pro Max approaches, speculations about its core features have started to emerge. Apple enthusiasts are buzzing with anticipation as details of the upcoming flagship device begin to unfold. According to the latest leaks, the iPhone…
Elon Musk Surges Back to the Top as World’s Richest with $192 Billion Net Worth
June 01, 2023 – Amidst a shifting landscape of wealth and fortune, the tides have turned for Elon Musk, the enigmatic CEO of Tesla. Reclaiming the coveted title of the world’s richest individual, Musk has surpassed Bernard Arnault, the French luxury magnate at the helm of LVMH. The Parisian trading floor witnessed a 2.6% decline…
Revolutionary Design: Apple’s Reality Pro AR/VR Headset Takes Inspiration from Ski Goggles and Apple’s Iconic Style
June 1, 2023 – In a recent development, renowned technology media outlet 9to5Mac has unveiled a set of high-resolution renderings for Apple’s highly anticipated AR/VR headset, known as Reality Pro. These renderings are based on existing publicly available technology patents, relevant reports, and partial rumors. According to 9to5Mac, the Reality Pro headset boasts a unique…
Ingka Group Expands Online Retail Footprint with Made4net Acquisition
June 1, 2023 – Ingka Group, the parent company of Swedish home furnishings retail giant IKEA, has announced its recent acquisition of Made4net, a US-based supply chain software services provider. This strategic move aims to bolster IKEA’s online e-commerce operations and enhance the overall shopping experience for its customers. Ingka Group, in a statement, revealed…
Unleashing Innovation: OpenAI’s $100,000 Donation for AI Governance Solutions
May 26, 2023 – In a recent development, OpenAI has allocated $1 million from its existing funds, divided into 10 equal portions, to drive the democratization of ChatGPT. The aim is to establish effective measures for managing artificial intelligence (AI) and curbing biases and other negative factors, thus guiding its healthy development. According to Reuters,…
Meta Implements Major Workforce Reduction, Impacting 6,000 Employees
May 25, 2023 – In a surprising turn of events, Meta, formerly known as Facebook, has announced a significant workforce reduction, affecting approximately 6,000 employees. This move comes as Meta continues to realign its operations and streamline its workforce in response to evolving market conditions. Employees from various departments such as marketing, website security, enterprise…
Tesla CEO Elon Musk Plans to Announce Next Factory Location by Year’s End
May 24, 2023 – In an exclusive interview with The Wall Street Journal today, Elon Musk, the CEO of Tesla, hinted at the company’s plans to announce the location of its next factory before the end of this year. “We might select another site by the end of this year,” Musk revealed earlier today during…
Breaking Records: PlayStation VR2 Surpasses Sales Expectations
May 24, 2023 – In a highly anticipated announcement, Sony unveiled the next generation of virtual reality gaming with the release of PlayStation VR2. Priced at $559 and set to hit stores worldwide on February 22, 2023, this advanced VR system promises to redefine the gaming experience. Building upon the success of its predecessor, the…
Anthropic Raises $450 Million to Fuel Development of Ethical AI Systems
May 24, 2023 – In a recent announcement from San Francisco, California, Anthropic, an AI startup, revealed securing a staggering $450 million in Series C funding. This round was led by Spark Capital, with participation from notable investors such as Google, Salesforce Ventures, Sound Ventures, and Zoom Ventures. Prior to this round, Google had already…