Revolut, a British fintech startup, has announced a significant milestone in its journey with a valuation of $45 billion in a recent secondary share sale. This valuation is a testament to the company’s strong financial performance in recent quarters and its successful execution of strategic objectives. The round was led by Coatue, D1 Capital Partners,
Enterprise
In recent years, there has been a concerning increase in the number of Americans falling victim to “pig butchering” scams. These schemes, named for the way fraudsters “fatten up” their victims with flattery and false promises, have become more sophisticated and widespread. Unlike traditional scams that rely on quick transactions, pig butchering scams involve a
In recent years, the definition of a “thought” has transcended philosophical musings and entered the realm of technical data collection through tracking brainwaves. This advancement has paved the way for the commodification of captured brain data, resulting in companies within the wearable consumer technologies space buying and selling this personal information with minimal protections for
In a recent announcement, Epic Systems revealed its plan to transition all of its customers to a new government-backed medical records exchange by the end of next year. This move is part of the company’s effort to support the Trusted Exchange Framework and Common Agreement (TEFCA), which aims to provide a secure platform for sharing
Recent research conducted by the Center for Countering Digital Hate (CCDH) has shed light on Instagram’s failure to remove toxic comments directed at Vice President Kamala Harris and other leading female politicians as the 2024 election nears. This non-profit advocacy organization analyzed 560,000 comments on Instagram posts from five Republican and five Democratic women politicians
Recently, Prime Minister Keir Starmer’s Labour government has been under scrutiny following a series of anti-immigration protests and controversial comments made by Elon Musk on his platform X. These events have brought to light the importance of strengthening internet safety regulations in the UK to prevent the spread of misinformation, hate speech, and incitement to
Cisco, a well-known networking company, recently announced a significant cut of 7% of its global workforce. This decision comes in the wake of their quarterly results exceeding analysts’ expectations. While the company reported positive numbers, including adjusted earnings per share of 87 cents versus 85 cents expected, and revenue of $13.64 billion compared to $13.54
During Google’s recent Pixel phone launch, the presentation was marred by technical glitches and buggy demos. This was evident when David Citron, a product director, attempted to showcase the capabilities of the new AI assistant, Gemini. Despite informing the audience that all demos were live, the assistant failed to perform as expected. The embarrassing moment
SpaceX, the aerospace company founded by Elon Musk, has been under scrutiny for violating environmental regulations by releasing pollutants into bodies of water in Texas. The Texas Commission on Environmental Quality (TCEQ) issued a notice of violation regarding SpaceX’s water deluge system at its Starbase launch facility, following complaints received in August of 2023. This
The European Commission recently issued a warning to X Corp. owner Elon Musk and CEO Linda Yaccarino regarding the dissemination of illegal content, including incitements to violence and hate speech, on their social media platform. The warning comes in light of recent events in the United Kingdom and concerns over the spread of harmful content