Snap unveils AI text-to-image model for mobile devices

Posted on February 4, 2025 by Techme101

Snap has unveiled an AI text-to-image model for mobile devices that will power some of Snapchat’s features in the coming months. The company said on Tuesday that the model can produce high-resolution images in around 1.4 seconds on an iPhone 16 Pro Max.  The new diffusion model runs entirely on the device, which reduces computational […]
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LinkedIn amps up vertical video tools as uploads jump 36%

Posted on February 4, 2025 by Techme101

Video reigns supreme on social media like TikTok, Instagram, and YouTube. And now, video is becoming a bigger business for LinkedIn.  The Microsoft-owned social network for the working world has yet to go full TikTok. But with a big boost of usage — today it said that video uploads jumped by 36% compared to last […]
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Canada’s StackAdapt snaps up $235M for its AI-based programmatic platform

Posted on February 4, 2025 by Techme101

While the U.S. and Canada duke it out over tariffs between the two countries, a tech company based out of Toronto is announcing a major round of funding led by a homegrown VC. StackAdapt, a programmatic advertising startup, says that it has raised $235 million in equity funding, with Teachers’ Venture Growth (TVG) — the […]
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Archive raises $30M to solve fashion’s pollution problem with online resales

Posted on February 4, 2025 by Techme101

The fashion industry has concerned Emily Gittins since adolescence.  The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of all water waste.  Yet people still want more, fast.  “The way we consume […]
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PayPal reports fourth-quarter earnings beat as growth picks up at Venmo

Posted on February 4, 2025 by Techme101

PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday.

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HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump

Posted on February 4, 2025 by Techme101

Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps up preparations to go public.

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How a Sale of TikTok Would Work and Who Might Buy It

Posted on February 4, 2025 by Techme101

A new law says TikTok must be sold to a non-Chinese owner or face a ban in the United States. President Trump has thrown out a lot of options for a potential sale.

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Elon Musk’s Blitz Shakes U.S. Government as He Sweeps Through Agencies

Posted on February 4, 2025 by Techme101

The billionaire is creating major upheaval as his team sweeps through agencies, in what has been an extraordinary flexing of power by a private individual.

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Musk Allies Discuss Deploying A.I. to Find Budget Savings

Posted on February 4, 2025 by Techme101

A top official at the General Services Administration said artificial intelligence could be used to identify waste and redundancies in federal contracts.

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Inside the Bust That Took Down Pavel Durov—and Upended Telegram

Posted on February 4, 2025 by Techme101

The Russian-born CEO styles himself as a free-speech crusader and a scourge of the surveillance state. Here’s the real story behind Pavel Durov’s arrest and what happened next.

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