Tech News
Netflix to Launch Free Ad-Supported Plan in Japan and Germany, Fueled by 40 Million MAU Success
June 25, 2024 – According to a report from Bloomberg, streaming giant Netflix is considering the launch of a fully ad-supported plan, allowing users to watch the platform’s video resources free of charge. However, this plan is not expected to be extended to the U.S. market. Netflix previously experimented with an ad-based free service for…
TikTok Ban Would Harm Oracle’s Revenue and Profit, Company Warns
June 25, 2024 – Oracle, the American software giant, has issued a warning to investors about the potential impact of a new law that may ban TikTok in the United States. The law, signed by President Joe Biden in April, “will prohibit the provision of internet hosting services to TikTok” unless its parent company, ByteDance,…
NLRB Files Suit Against Amazon for Illegal Termination of Employee Involved in Strike
June 24, 2024 – The National Labor Relations Board (NLRB) has filed a lawsuit against Amazon, located in Seattle, alleging that the company “illegally disciplined and terminated an employee” who had assisted in organizing a strike last May to protest new return-to-office directives issued by Amazon early last year. According to the NLRB complaint, Amazon…
Florida Family Sues NASA after Space Debris Pierces Their Home
June 24, 2024 – Earlier this year, a family in Florida had a harrowing experience when their house was hit by a piece of space debris, puncturing the roof. According to a report by CBSNews, the incident occurred on March 8th at the home of Alejandro Otero in Naples. Otero, who was on vacation at…
Amazon Ditches Plastic Cushions, Adopts Paper-Based Recycled Materials for Packaging in North America
June 24, 2024 – Amazon announced last Thursday that it has removed 95% of plastic air cushions from its packaging in North America, replacing them with paper-based dunnage made from 100% recycled materials. This marks Amazon’s largest plastic packaging reduction initiative in North America, aiding in the elimination of nearly 15 billion plastic air cushions…
AMD Confirms Minor Data Leak, Claims No Significant Impact on Operations
June 22, 2024 – Advanced Micro Devices (AMD) has released a statement through Bloomberg, revealing the preliminary findings of its investigation into a recent data breach incident. According to AMD, the breach originated from a third-party supplier website that provides services for assembling some of AMD’s products. The company assured that the disclosed information was…
Report Reveals Shocking Data Wastage: 70-80% of Data on Some Servers Remains Unused
June 22, 2024 – A recent report from NetApp, a leading provider of enterprise data infrastructure solutions, has revealed a startling statistic: a staggering 70% to 80% of stored data in some companies remains unused. This significant finding highlights a considerable waste of resources in the realm of data storage. Matt Watts, the Chief Technology…
Sony RX100 VIII with AI and Vlog Features Set to Hit the Market by Year-End
June 22, 2024 – According to SonyAlphaRumors, Sony is planning to release the RX100 VIII camera by the end of 2024. This upcoming model is expected to introduce AI and Vlog-related features, marking a significant upgrade from its predecessor. Additionally, Sony is rumored to be launching a new lens to replace the current 24-200mm offering….
Apple AI Seeks Partnership with Chinese Giants Baidu, Alibaba, and BaiChuan
June 22, 2024 – According to a report by The Wall Street Journal on Thursday, Apple is currently actively seeking partnership with a local Chinese company to launch its “Apple-branded AI,” Apple Intelligence, in China. The report mentioned that Apple has engaged in discussions with Baidu, Alibaba, and startup BaiChuan, although no agreements have been…
Musk’s Acquisition Leads to a 40% Drop in X Platform’s 2023 Half-Year Revenue
June 19, 2024 – Since Elon Musk’s acquisition of the X platform, previously known as Twitter, the company has experienced a significant decline in revenue, as the billionaire entrepreneur had anticipated. According to regulatory documents obtained by Bloomberg, the X platform generated 1.48billioninrevenueduringthefirsthalfof2023,representingadecreaseofapproximately4044 billion. The documents also revealed that the X platform incurred a loss…