Twitter made a significant announcement today, unveiling their latest offering called Twitter API Pro. Aimed specifically at startups, this new tier comes with a price tag of $5,000 per month. Developers will be delighted to know that this upgraded API tier provides them with an
In a significant move on Wednesday, Meta, formerly known as Facebook, initiated its latest round of layoffs, affecting an estimated 6,000 individuals. These measures are being undertaken as part of Meta’s overarching strategy dubbed the “Year of Efficiency,” aimed at streamlining operations, reducing costs, and
Netflix’s much-anticipated crackdown on password sharing has commenced, with the implementation scheduled for the first quarter of this year, the launch of the “paid sharing” policy was delayed until the summer due to a wave of cancellations in markets where the changes had already been
Nigeria achieved a significant milestone on Monday with the commissioning of the Dangote oil refinery, hailed as a “game-changer” that could put an end to the country’s dependence on fuel imports. Outgoing President Muhammadu Buhari presided over the ceremony at the Lekki free trade zone
Meta, the company formerly known as Facebook, is facing significant challenges in the European Union (EU) due to privacy breaches. The European Data Protection Board (EDPB) has issued a formal suspension order, requiring Meta to cease exporting EU user data to the United States for
Newchip, the online accelerator that promised to assist startups, is currently facing insolvency and has filed for bankruptcy. The organization has been met with discontent from both employees and clients, leading to a walkout by dozens of employees on May 4. The main demand of
In recent news, Elon Musk has publicly expressed his deep frustration with OpenAI, an AI research organization he helped launch but stepped down from its board in February 2018. Musk’s criticism centers around OpenAI’s transition from a nonprofit, open-source entity to a for-profit, closed-source company.
After numerous high-profile court proceedings, it appears that Elizabeth Holmes may finally be facing imprisonment. The former founder and CEO of Theranos was found guilty of defrauding investors in January, and despite her efforts to delay and appeal her sentencing, her legal team has not
Fanatics, the renowned sports merchandise company, recently made headlines with its acquisition of PointsBet’s U.S. business for a staggering $150 million. This move not only solidified Fanatics’ position in the gambling industry but also served as a potential indication of more significant developments on the
In the ever-competitive world of breakfast cereal, Kellogg and General Mills are in a constant battle to win over consumers and boost profits. As breakfast preferences have shifted over the years, both companies have had to adapt and come up with new products to stay
iRobot Corp, the maker of the popular Roomba robotic vacuum cleaner, saw its shares surge by 23 percent to a record high on Wednesday, after posting better-than-expected quarterly results and announcing the acquisition of its largest European distributor. The strong performance of the company was
Inflation continues to be a hot topic in the news and in everyday conversations. While it’s true that inflation is lower than it was a year ago, prices are still high by two key inflation measures. And although the pace of price increases has slowed
Tracy Porter is a 55-year-old entrepreneur based in California’s Santa Ynez Valley. She’s the owner of The Porter Collective, an e-commerce site that sells clothes designed by Porter herself. Her designs feature her posing in every piece, and her husband takes the pictures with his
Qualcomm has taken a significant step towards solidifying its position in the automotive sector as a lucrative customer base for its chips and related communications technology by acquiring Autotalks, an Israel-based fabless chipmaker. Autotalks designs and builds semiconductor and system-on-a-chip technology to help improve automotive
DeepFloyd, a research group backed by Stability AI, has introduced DeepFloyd IF, a text-to-image model that can generate realistic images integrated with text. Despite advancements in generative AI, text-to-image models still struggle to create legible logos, text, calligraphy, or fonts. DeepFloyd IF, trained on a
Google has been creating quite the buzz lately, particularly with the unveiling of their upcoming Pixel Fold. And what better way to celebrate the reveal than on May 4th, otherwise known as Star Wars Day. Google took it to Twitter as a teaser, releasing a
Bed Bath & Beyond, once a dominant home goods retailer, has filed for bankruptcy protection after months of struggling to regain its financial footing. The company, which also owns the BuyBuy Baby chain, has undergone a series of turnaround attempts that proved to be mistimed
Amazon, one of the world’s largest e-commerce giants, made a notable change during its Q1 2023 quarterly earnings and investor call by omitting any reference to India. This marks the first time since early 2014 that Amazon has not highlighted the rapid growth and bullish
Meta, the parent company of Facebook, recently released its Q1 2023 earnings report, which showed better-than-expected revenue for the quarter. However, buried in the report were some concerns about the looming regulatory risks that the company is facing in Europe. The Irish Data Protection Commission
Gap, the renowned global retail giant known for its popular family brands such as Athleta, Old Navy, and Banana Republic, is reportedly set to implement a significant round of layoffs in its corporate workforce as part of a larger restructuring initiative. The restructuring is aimed
