Monthly Archives: August 2024

Nvidia announces $50 billion stock buyback

Posted on August 28, 2024 by Techme101

Nvidia said Wednesday that its board of directors has approved a $50 billion stock buyback.

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Salesforce beats earnings estimates, CFO Amy Weaver to step down

Posted on August 28, 2024 by Techme101

Salesforce reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook.

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Telegram CEO Pavel Durov Charged With Wide Range of Crimes in France

Posted on August 28, 2024 by Techme101

Pavel Durov, who was arrested near Paris over the weekend as part of a broad investigation into criminal activity on the platform, was also barred from leaving the country.

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It’s not just you: Reddit is down

Posted on August 28, 2024 by Techme101

Reddit’s mobile and web applications went down on Wednesday afternoon, with more than 150,000 users reporting outages on DownDetector as of 1:30 PM in San Francisco. When trying to access Reddit’s homepage, users were met with a message reading, “Server … Continue reading →

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OpenAI’s Converge 2 program has been shrouded in mystery

Posted on August 28, 2024 by Techme101

For months, a tech forum ran wild asking if the Converge 2 accelerator program actually happened. We finally found out. © 2024 TechCrunch. All rights reserved. For personal use only.

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OpenAI in talks to raise funding that would value it at more than $100 billion

Posted on August 28, 2024 by Techme101

OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.

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Fluid Truck’s board ousted its sibling co-founders amid allegations of mismanaging funds

Posted on August 28, 2024 by Techme101

Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders – CEO James Eberhard and chief legal counsel Jenifer Snyder – according to sources familiar with the matter. The shakeup, which … Continue reading →

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APAC Telcos Poised to Lead Global 6G Rollout

Posted on August 28, 2024 by Techme101

5G in APAC is also growing strongly in 2024, with the region considered a global “hotspot” for 5G standalone networks.

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Threads deepens its ties to the open social web, aka the ‘fediverse’

Posted on August 28, 2024 by Techme101

Meta announced Wednesday that users on Threads will be able to see fediverse replies on other posts besides their own. © 2024 TechCrunch. All rights reserved. For personal use only.

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Google to relaunch tool for creating AI-generated images of people after pulling service due to inaccuracies

Posted on August 28, 2024 by Techme101

Google’s Imagen 3 will allow Gemini users to create AI photos of people in the coming days.

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