The tech IPO scene on Wall Street has been relatively dry in recent years, with only 15 tech companies going public in the past two years. This marks a stark contrast to the booming market of 2021, where 121 tech companies went public, reminiscent of the dot-com bubble in 2000. The recent market debuts of
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The recent resignation of Stability AI’s founder and CEO, Emad Mostaque, has stirred up controversy within the tech community. Mostaque, who founded the company in 2020, has stepped down amidst allegations of misleading investors and employees. His departure comes on the heels of the resignation of several top researchers, raising questions about the company’s future
Snapchat has recently introduced a new ‘AR Pichkari’ lens in anticipation of the upcoming Holi festival in 2024. This innovative lens, developed by a third-party developer, allows users to virtually splash their friends with colors using their smartphone’s rear camera. The lens simulates the experience of using a pichkari (water gun) during the festive celebrations
Emad Mostaque, the CEO of Stability AI, recently announced his resignation from the company in order to pursue decentralized AI. This decision has sparked a leadership change at Stability AI, with two interim co-CEOs, COO Shan Shan Wong and CTO Christian Laforte, stepping in to lead the company as they search for a permanent CEO.
Apple’s ambitious plan to develop a MicroLED display for the Apple Watch has hit a major roadblock. According to reports, the company has decided to scrap the project due to high production costs and complexity. This decision comes after Apple’s recent move to cancel its self-driving car project, further signaling a shift in priorities for
The upcoming The Sims movie has already generated a lot of buzz, thanks to the involvement of major star-power. Margot Robbie’s production company, LuckyChap, is on board to produce the film, alongside director Kate Herron, known for her work on Marvel’s Loki and the upcoming second season of The Last of Us. The collaboration between
In the world of investment, sovereign wealth funds are often seen as the big players with deep pockets, ready to support promising startups. One such startup that has garnered attention from these funds is Anthropic, an artificial intelligence company that is gaining traction in the market. However, there is one notable absence when it comes
Fortnite, the wildly popular third-person shooter, is set to make a significant change in the gaming world by introducing a first-person mode. Epic Games recently announced this upcoming feature, hinting at a revolutionary shift in how players experience the game. With the new first-person camera mode expected to be released later in 2024, gamers can
In a recent statement, Jonathan Kanter, the assistant attorney general for antitrust, emphasized the importance of competition on the merits for Apple shareholders. Kanter highlighted how healthy competition benefits not only businesses but also consumers and the overall economy. This call for fair competition comes in the wake of the Justice Department’s lawsuit against Apple
The DC Universe continues to expand with the announcement of a new show centered around one of Batman’s most iconic villains, The Penguin. Set in Gotham, this crime drama is sure to captivate fans with its intriguing storyline and talented cast. The Teaser Trailer The recently released teaser trailer for The Penguin gives viewers a