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Author Archives: Techme101
Bulgarian politicians propose a national gambling ad ban
Two Bulgarian political parties have submitted an amendment to the country’s Gambling Act, seeking to ban betting ads nationally. If this amendment is successful, Bulgaria will make a significant mark in history as the first European Union member to enforce … Continue reading
Microsoft ramp up AI spending as it smashes Q3 earnings expectations
Microsoft’s decision to invest heavily in artificial intelligence (AI) appears to have paid off after the company revealed significant gains in its third-quarter earnings call on Thursday (25 Apr). The world’s largest public company outperformed Wall Street expectations, delivering $61.86 … Continue reading
Elon Musk’s xAI closes in on $6 billion as AI race heats up
Elon Musk’s artificial intelligence (AI) start-up, xAI, looks like it has some serious venture capital money behind it with the commitment of Sequoia Capital, to invest in the company. Musk launched xAI in 2023 with lofty ideals and plans to work … Continue reading
Surprisingly, people are surprised that the Fallout 4 next-gen update is packed with bugs
Oh Fallout, it was going so well. Seemingly forgotten about until approximately two weeks ago when people discovered the TV show, millions went flocking to Fallout 4, many for the first time so that they too could adventure into the … Continue reading
Blizzard cancels Blizzcon – the end of the show as we know it?
Blizzard’s annual fan festival BlizzCon has brought us some memorable gaming moments over the years. Who could forget the much-jeered announcement of the mobile game Diablo Immortal as Blizzard execs badly mid-read the room? Overall though the show has been … Continue reading
Tesla Autopilot investigation closed after feds find 13 fatal crashes related to misuse
The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes involving its misuse, including 13 that were fatal and “many more involving serious injuries.” At the same time, NHTSA … Continue reading
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Shein to face EU’s strictest rules for online marketplaces
Ultra-fast fashion ecommerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union’s Digital Services Act (DSA), the Commission announced Friday. Shein had reported passing an average … Continue reading
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Can’t Afford a House? Buy a Piece of One Instead
In a chaotic housing market that has shut many buyers out, fractional home ownership and investing trends are taking off.
Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund
Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. The VC previously raised two $1 billion funds and, just a … Continue reading
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xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders
xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal – which would give investors one quarter of … Continue reading
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