TikTok, once synonymous with Gen Z trends and viral dances, has evolved into a multifaceted platform that attracts a diverse demographic range, reshaping the social media landscape and challenging perceptions about its user base. Recent data from YouGov reveals a seismic shift in TikTok’s user demographics. Despite ongoing regulatory challenges, TikTok has seen a quadrupling...
Wang Chuanfu, Chairman of BYD Co., China’s largest auto company, declared that foreign nations are apprehensive about Chinese electric vehicles (EVs). He criticized European and US policies aimed at restricting imports of China-manufactured cars, framing them as reactions to China’s burgeoning dominance in the EV sector. “The reaction from politicians in other countries demonstrates their...
Instagram is venturing into new territory by testing unskippable ads, a move reminiscent of YouTube’s ad strategy. Users began noticing this feature when screenshots showcasing these unskippable ad breaks started making rounds on social media. According to Instagram’s informational text, these ads come with a countdown timer, compelling users to watch them before continuing their...
The storied Geneva International Motor Show, a cornerstone of the automotive calendar since 1905, will be permanently canceled, its organizers announced on Friday. This decision marks the end of an era for the prestigious event, which has faced dwindling interest from automakers and growing competition from other international shows. The first Geneva International Motor Show...
OpenAI has announced a multiyear partnership with News Corp, allowing the artificial intelligence powerhouse to utilize content from the media conglomerate’s extensive portfolio. This deal, potentially worth $250 million over five years, comes at a time when companies like Microsoft, OpenAI, and Google face increasing scrutiny over their use of copyrighted material to train AI...
Amazon has announced that U.S. customers can now order food from Grubhub directly through its shopping app and website. This integration is part of an extended deal that continues to offer Prime members complimentary access to Grubhub+ membership. The partnership, initially struck in 2022 and extended in 2023, now allows Prime members to enjoy a...
Jensen Huang, the CEO and co-founder of Nvidia, has seen his net worth balloon from $3 billion to over $90 billion in just five years. This meteoric rise highlights Nvidia’s explosive growth and the surging demand for artificial intelligence (AI) technology. On Thursday, Huang’s net worth surged by more than $7 billion following a rally...
US President Joe Biden is ramping up tariffs on Chinese-made electric cars, solar panels, steel, and other goods in an effort to protect US jobs and address what he calls “unfair policies” by China. The new measures include a substantial 100% border tax on electric cars from China. The White House announced that these tariffs...
The “Godfather of Artificial Intelligence,” Geoffrey Hinton, believes that the introduction of a universal basic income (UBI) could address the looming issue of job shortages caused by the rapid development of AI. Geoffrey Hinton expressed his concerns to the BBC, stating he is “very concerned that a lot of simple jobs will be taken over...
At the Shoreline Amphitheater in Mountain View, Google CEO Sundar Pichai concluded the annual Google I/O developer conference by noting that the word “AI” was mentioned 121 times during the keynote. This emphasis on artificial intelligence set the tone for the event, where Google unveiled significant updates across its vast array of products and services....
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