Joby launches $300M public offering ahead of 2025 commercial eVTOL release

Posted on December 10, 2024 by Techme101

Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $300 million of its shares of common stock, per a regulatory filing. Joby in October initially offered $200 million, but an amendment to the prospectus has increased the offering by $100 million. Joby said it will use […]
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YouTube’s new auto-dubbing feature is now available for knowledge-focused content

Posted on December 10, 2024 by Techme101

YouTube announced on Tuesday that its auto-dubbing feature, which allows creators to generate translated audio tracks for their videos, is now rolling out to hundreds of thousands more channels.  YouTube first introduced its AI-powered auto-dubbing tool at Vidcon last year, which was only being tested with a limited group of creators. This tool could help […]
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Biden Administration Sprints to Tie Up Tech Loose Ends

Posted on December 10, 2024 by Techme101

Regulators are working around the clock to cement four years of tech policy ahead of the inauguration of President-elect Donald J. Trump.

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Alphabet shares jump 5% after Google touts ‘breakthrough’ quantum chip

Posted on December 10, 2024 by Techme101

Google shares rose on Tuesday after the company’s unveiling of “Willow,” its latest quantum computing chip.

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HarperCollins CEO touts Spotify’s audiobooks entry, AI’s impact on publishing

Posted on December 10, 2024 by Techme101

The future of audiobooks and AI’s impact on the publishing industry were points of discussion for HarperCollins, whose CEO, Brian Murray, spoke at the UBS Global Media and Communications Conference on Tuesday. During the event, the exec praised Spotify’s entry into the audiobooks market and detailed its future growth plans in the space. He also […]
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Google says its new quantum chip indicates that multiple universes exist

Posted on December 10, 2024 by Techme101

Google announced its latest quantum chip, Willow. But what really caught the industry’s attention was a wild claim tucked into the blog post.
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Michael Saylor’s case for Microsoft buying Bitcoin gets rejected by shareholders

Posted on December 10, 2024 by Techme101

Microsoft investors voted against a proposal to consider diversifying its balance sheet by purchasing bitcoin.

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Is Faxing Secure? Yes, With the Right Network Protection

Posted on December 10, 2024 by Techme101

Traditional and cloud fax are secure, reliable channels for communication. The hospitals and banks that rely on fax aren’t just winging it.

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OpenAI’s Sora: Everything You Need to Know

Posted on December 10, 2024 by Techme101

ChatGPT Plus and Pro users now have access to Sora Turbo, intended to be faster and safer than the version shown in February.

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A new disclosure shows, again, how badly Tiger’s ‘pray and spray’ fund performed

Posted on December 10, 2024 by Techme101

Tiger Global famously fueled the pandemic-era venture capital boom, investing heavily in a wide range of startups, setting up bidding wars for even the most unproven startup that led to sky-high valuations. In 2021 alone, the hedge fund backed 315 startups, according to PitchBook data. And much of the VC industry was not happy about […]
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