Category Archives: Tech

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Intel says it has no plans to divest majority stake in Mobileye 

Posted on October 18, 2024 by Techme101

Reuters was first to report on Intel’s decision not to divest its majority stake in Mobileye, boosting the Israeli company’s shares by over 16%. Mobileye shares, which have dropped 73% this year, took a beating earlier in the month after … Continue reading →

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Meta fires staff for buying toothpaste, not lunch

Posted on October 18, 2024 by Techme101

Meta workers reportedly used vouchers that should have been spent on meals to buy household goods.

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Netflix hikes prices in some countries as growth fades

Posted on October 18, 2024 by Techme101

Netflix announces some price hikes, as growth from password sharing crackdown starts to fade.

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Automattic offered employees another chance to quit — this time with nine months’ severance

Posted on October 18, 2024 by Techme101

Days after 159 people accepted Automattic CEO Matt Mullenweg’s offer of a six-month severance package to employees who wanted to leave, the company floated a new offer late on October 16 of a nine-month severance package to anybody who quit … Continue reading →

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General Catalyst reportedly to back Saudi Arabian startup

Posted on October 17, 2024 by Techme101

Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm’s first investment in the Middle … Continue reading →

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Microsoft: Ransomware Attacks Growing More Dangerous, Complex

Posted on October 17, 2024 by Techme101

Attackers launched 600 million cybercriminal and nation-state threats on Microsoft customers daily, including ransomware attacks, in the last year, according to the tech giant.

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Stripe in talks to acquire Bridge for $1 billion

Posted on October 17, 2024 by Techme101

Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes. The talks are reportedly in advanced stages, although nothing has been finalized.  Bridge, cofounded by Coinbase alumni Zach Abrams and Sean Yu, has … Continue reading →

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Elon Musk’s X is changing its privacy policy to allow third parties to train AI on your posts

Posted on October 17, 2024 by Techme101

On Wednesday, social network X (formerly Twitter) updated its Privacy Policy to indicate that it would allow third-party “collaborators” to train their AI models on X data, unless users opt out. While X owner Elon Musk trained xAI’s Grok AI … Continue reading →

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Trump family gets 75% of crypto coin revenue, has no liability, new document reveals

Posted on October 17, 2024 by Techme101

Donald Trump’s crypto project, World Liberty Financial, published a 13-page paper on Thursday laying out its mission and how tokens get allocated.

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Sam Altman’s Worldcoin becomes World and shows new iris-scanning Orb to prove your humanity

Posted on October 17, 2024 by Techme101

Worldcoin, the Sam Altman co-founded “proof of personhood” crypto startup that scans people’s eyeballs, announced on Thursday that it dropped the “coin” from its name and is now just “World.” The startup also unveiled its next generation of iris-scanning “Orb” … Continue reading →

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