Category: general tech

Summary Australia is set to introduce legislation aimed at imposing fines on social media corporations that facilitate the spread of misinformation. This legislation, which will be presented before Parliament on Thursday, specifically targets false information that undermines election integrity, public health, or has implications for public safety, particularly regarding critical infrastructure and emergency services. This…

Summary As viewers prepare to indulge in the 2024 MTV Video Music Awards (VMAs) this Wednesday night, an innovative opportunity awaits them: the ability to shop for the outfits and designer looks presented in real-time. This initiative represents a strategic collaboration between Paramount Global, the parent company of MTV, and Shopsense AI, an emerging leader…

Summary The ongoing global emphasis on generative artificial intelligence has predominantly spotlighted major American corporations such as OpenAI, Google’s parent company Alphabet, and Meta. However, in recent months, leading Chinese enterprises, including Alibaba and Tencent, have unveiled their own generative AI models, aiming to leverage the burgeoning excitement surrounding this transformative technology. China’s aspiration to…

SummaryLenovo has been recognized as the Best Workplace for Innovators in 2024, owing to its substantial $2.2 billion investment in AI innovation over three years. The company has developed revolutionary technology for translating Libras sign language in real-time, enhancing communication for deaf and hard-of-hearing communities. Other finalists include notable firms such as IBM and AlphaSense,…

SummaryThe 2024 Digiday Technology Awards were awarded to Adobe, SoundCloud, Disney, and Spectrum for their innovative use of technology, particularly AI, to enhance personalization, e-commerce solutions, and marketing automation. Adobe’s Express app features advanced content creation tools, while SoundCloud optimized user engagement through MoEngage. Disney and Spectrum’s data teams showcased significant advancements in data management.…

SummaryIn August 2024, U.S. employers announced 75,891 job cuts, marking a 193% increase from July and representing the highest August total since 2009. The technology sector led in layoffs, while overall hiring plans fell to the lowest year-to-date figures since monitoring began in 2005. Economic uncertainties and shifts towards profitability and efficiency are driving these…

SummaryTopgolf and Callaway Golf Company have announced their plans to separate into independent companies after four years as Topgolf Callaway Brands. This decision aims to enhance their operational effectiveness and shareholder value as they pursue distinct business strategies. Topgolf, known for its entertainment venues, is expected to experience significant financial growth, while Callaway remains focused…

SummaryForbes will announce its inaugural list of America’s Best Employers for Tech Workers on September 17, 2024, following a thorough survey of over 25,000 technology employees. The assessment focuses on job satisfaction, compensation, professional development, and workplace culture in firms with over 1,000 employees. The survey’s methodology emphasizes contemporary feedback, ensuring the list represents current…

SummaryIndian technology firms face increased GST scrutiny as they expand into smaller cities, leading to a surge in tax notices. Despite the relatively low penalties for these well-capitalized companies, many are poised to contest the legality of such notices. Experts indicate that this trend reflects the challenges of compliance amidst the evolving landscape of tax…