PS5 revenue growth
Sony has announced that the PS5 has enjoyed its best quarter yet in terms of sales, bringing total lifetime unit shipments past a major milestone. The quarter stands as the PS5’s best yet, beating the same period in 2023 by 1.3 million sales despite the fact that the third quarter of 2023 offered up a
Meta to show rival ads on its marketplace
Meta Platforms will allow rival classified ads service providers to list ads on Facebook Marketplace, the company said on Thursday, three months after it was hit with a 797-million-euro ($828 million) EU antitrust fine for giving its own service an unfair advantage. Calling it the Facebook Marketplace Partner Progam, Meta said the scheme is a
Chinese open source AI
The breakthroughs in China’s artificial intelligence (AI) technology have sparked ongoing reverberations internationally. The fact is, China’s AI companies’ “embrace of open source” has not only paved new paths for their own growth but has also spurred demand for cross-border AI collaborations among enterprises. In recent years, China has been actively developing multiple national-level AI
Reddit Stocks Dip
Reddit stock pared its losses in Thursday morning trading after a steep drop late Wednesday. The previously red-hot IPO stock took a hit after its fourth-quarter user growth total missed estimates, but at least one analyst is telling clients to buy the dip. On the stock market today, Reddit is down roughly 7% at 201.14
Hamas wants the cease fire to continue
The war in Gaza erupted after a Hamas-led attack on Israel on Oct. 7, 2023, that killed at least 1,200 people, according to Israeli tallies, and saw more than 250 taken as hostages. That triggered a relentless Israeli response that has laid waste the coastal enclave and killed more than 48,000 Palestinians, An Israeli hostage
Security Vulnerability on Open Source Software’s
As society increases its dependency on software, software developers increasingly rely on open source to ship new products quickly. Open source makes up 90% of modern software, with consumption reaching a staggering 6.6 trillion downloads in 2024. Software supply chain security has become a major target for bad actors, with open source malware, or malicious
Scammers Using AI for monetary gains
Generative AI technology has been around for more than a year, but in recent months its use by scammers has grown strong, “ethical hacker” and SocialProof Security chief executive Rachel Tobac said during the briefing. Detection systems in Meta’s family of apps including Instagram and WhatsApp rely heavily on behavior patterns and technical signals rather
Elon Musk: OpenAI Power Play To DOGE Mission Control
Musk’s empire extends beyond these flagship companies. His acquisition of Twitter (now X) for $44 billion in 2023 represented a bold move into social media. While controversial, his management approach there mirrors his other ventures: identifying core inefficiencies and making radical changes to address them. Elon Musk is leading a $97.4 billion bid to
Trump wants the Federal reserve to lower interest rates
President Donald Trump called for lower interest rates to go “hand in hand” with new tariffs he’s planning on imports, teasing a possible conflict with Federal Reserve Chair Jerome Powell, who is in no rush to cut borrowing costs as inflation fears grow. Trump has also cast blame on Powell for the U.S.’ inflation woes
Israel troops to remain in Lebanon until February 28
Under a ceasefire deal agreed in November between Lebanon and Israel, Israeli troops had until Jan. 26 to withdraw from southern Lebanon. Fighters from Lebanese armed group Hezbollah were to leave the zone and Lebanese troops were to deploy in the area by the same deadline.The ceasefire deal ended more than a year of fighting