OnlyFans in Talks for Potential Sale, Boasting $8B Valuation Amid Market Speculation
May 24 2025 – Reuters has revealed that Fenix International Ltd, the parent company of OnlyFans, is currently in negotiations with an investment consortium regarding a potential sale, with the platform valued at approximately $8 billion. According to sources familiar with the matter, the consortium is being led by Los Angeles-based investment firm Forest Road…
Apple TV Plus Unveils Mr. Scorsese: A Five-Part Odyssey Through 60 Years of Cinematic Legacy
May 23 2025 – Legendary filmmaker Martin Scorsese, whose six-decade career has produced dozens of documentaries, is now set to have his life and creative journey chronicled on Apple TV Plus. The tech giant has unveiled plans for a five-part documentary series titled Mr. Scorsese, which will delve into how themes like “the duality of…
Klarna’s Q1 Slump: AI Hype Fails to Offset $99M Loss After Touting 700-Job Cuts
May 23 2025 – A major crisis is unfolding at Swedish “Buy Now, Pay Later” (BNPL) behemoth Klarna, as its CEO Sebastian Siemiatkowski, who once boldly proclaimed that the company’s AI-powered customer service system could replace 700 full-time customer service representatives, now faces a harsh reality. According to reports, the fintech firm recorded a net…
Builder.ai, Once Microsoft – Backed UK AI Startup, Files for Bankruptcy
May 23 2025 – British tech startup Builder.ai, once a prominent player among the UK’s most highly – funded tech ventures, has declared that it is entering bankruptcy proceedings. Headquartered in London, Builder.ai specialized in leveraging artificial intelligence to streamline the development of applications and websites. The company boasted that its technology could make the…
Farewell to Combustion: Boxster/Cayman Exit in October as 718 Lineup Embraces Full Electrification
May 23 2025 – According to Motor1, following their discontinuation in Europe last year, Porsche’s current 718 Boxster (convertible) and Cayman (coupe) models are set to be phased out in other regions globally later this year. Frank Wiesmann, Porsche’s head of product communications for North America, confirmed that production of the fourth-generation Boxster and Cayman…
OpenAI Unveils UAE as Stargate’s Maiden International Hub, Hints at Asia-Pacific Push
May 23 2025 – A groundbreaking collaboration was unveiled today among tech giants G42, OpenAI, Oracle, NVIDIA, SoftBank, and Cisco to establish “Stargate UAE,” marking the first international deployment of OpenAI’s Stargate AI infrastructure platform. This initiative, the inaugural project under the “OpenAI for Countries” partnership program, will see OpenAI team up with G42 to…
Apple’s Innovation Hurdle: Camera-Equipped Apple Watch Project Shelved
May 23 2025 – Bloomberg reported yesterday, on May 22, that Apple has internally scrapped its plan to incorporate cameras into the Apple Watch. The tech giant had initially aimed to launch Apple Watch and Apple Watch Ultra models equipped with cameras by 2027. These devices were intended to assist users in gathering information about…
FTC Officially Drops Antitrust Lawsuit Against Microsoft’s $68.7B Activision Blizzard Deal
May 23 2025 – The U.S. Federal Trade Commission (FTC) has officially withdrawn its antitrust lawsuit challenging Microsoft’s $68.7 billion acquisition of Activision Blizzard, bringing an end to nearly two years of legal wrangling. The move comes just three days after a federal appeals court denied the FTC’s request to halt the deal, effectively sealing…
Gurman: Apple Ramps Up AI Smart Glasses Project, Eyes 2026 Launch
May 23 2025 – Apple is reportedly accelerating its efforts to develop smart glasses, with the aim of unveiling its first-ever product in this category by the end of 2026, according to Bloomberg’s Mark Gurman today. The move is part of the tech giant’s broader strategy to capture a larger share of the market for…
CarPlay Ultra Unveiled: Radio App Brings Direct AM/FM Control, Climate App for Temperature Tuning
May 23 2025 – Today, tech media outlet MacRumors unveiled a blog post detailing Apple’s recent move to roll out its next-generation in-car system, “CarPlay Ultra,” in select markets and vehicle models. The update introduces two new applications: Radio and Climate. One of the most notable enhancements in CarPlay Ultra is the introduction of the…