Reddit submits paperwork for IPO before stock market debut

The platform’s expected listing in March would mark the largest IPO by a social media company since Pinterest’s public offering in 2019 Reddit readies for its much-anticipated stock market debut, poised to launch the largest IPO by a leading social network in four years. In a filing with the Securities and Exchange Commission on Thursday, … Read more

Apple advises against using rice for drying. Use this method instead

Apple cautioned that placing your device in rice might lead to rice particles causing damage Apple advises against placing your wet iPhone in rice, as this could potentially damage the device. Despite the common belief that rice helps absorb moisture, experts have long cautioned against this method. Recent testing has shown that uncooked rice is … Read more

Nvidia announces significant revenue growth as AI reaches a tipping point

Revenue at the artificial intelligence chipmaker surged over 250% as the CEO noted a worldwide surge in demand The surge in artificial intelligence is driving demand for Nvidia’s products beyond Wall Street’s already high expectations. The chipmaker surpassed analyst expectations on Wednesday, reporting fourth-quarter earnings of $22.1 billion in revenue, higher than the expected $20.55 … Read more

EU investigates TikTok for online content, child safety

Video platform faces probe for possible Digital Services Act violations, including age verification The EU has initiated a formal inquiry into whether TikTok has violated online content regulations, including child protection measures. The European Commission has commenced official proceedings against the Chinese-owned short video platform, examining potential infringements of the Digital Services Act (DSA). The … Read more

Why is Apple being fined €500 million by the EU over music streaming?

Following a complaint by Spotify, the European Commission is reportedly set to issue a penalty against Apple for imposing “unfair trading conditions.” Apple is facing a €500 million (£427 million) fine for allegedly hindering competition in the music streaming market. According to the Financial Times, the European Commission, the EU’s executive arm, will impose this … Read more

OpenAI, supported by Microsoft, valued at $80bn post-deal

The company will sell its existing shares in a ‘tender offer’ led by venture firm Thrive Capital, similar to a deal from early last year According to the New York Times, Microsoft-backed OpenAI has finalized a deal valuing the artificial intelligence company at $80 billion or higher. The deal involves selling existing shares in a … Read more

Review of Bose Ultra Open earbuds: innovative fit, superb sound

Bluetooth earbuds that wrap around the ear without obstructing it, allowing for full awareness during music and calls Bose’s latest earbuds represent a departure from their previous noise-canceling models. These new earbuds are designed to allow ambient sound in rather than block it out. They are worn more like jewelry than typical gadgets, attaching to … Read more

Microsoft’s strategy shift: Xbox games on PlayStation, Nintendo

Four games that were once exclusive to the Xbox console will now be accessible on the PS5 and Nintendo Switch, reflecting the company’s emphasis on its software offerings Microsoft has announced that four previously exclusive Xbox games will be available on PlayStation and Nintendo consoles. Additionally, it was hinted that details about the next version … Read more

New York files lawsuit against TikTok, Instagram, YouTube

The lawsuit alleges that tech companies are responsible for producing products that are ‘addictive and dangerous,’ exacerbating the mental health crisis New York City, its schools, and public hospital system filed a lawsuit on Wednesday against tech giants including Facebook, Instagram, TikTok, Snapchat, and YouTube. They blame these platforms for fueling a childhood mental health … Read more

Microsoft reports that North Korea and Iran are utilizing AI for hacking

The US tech giant states that it has identified threats from foreign nations that have utilized or tried to exploit generative AI developed by the company Microsoft revealed on Wednesday that US adversaries, primarily Iran and North Korea, with lesser involvement from Russia and China, are starting to utilize generative artificial intelligence for organizing or … Read more