Spotify is one of the largest audio streaming service providers, with over 500 million monthly active users, including 210 million paying subscribers, as of March 2023. The popular streaming service has announced that it will be hiking prices which will take effect on Monday July 24 for new subscribers, and current customers would have 1…
Worldcoin: The Digital Currency
Worldcoin is a new digital currency project that aims to give everyone in the world an equal opportunity to participate in the centralized economy. The project was founded by Sam Altman (of OpenAI), Alex Blania, and Max Novendstern. This platform aims to provide a reliable way to authenticate humans online through a World ID. It…
Amazon: New Satellite Processing Hub
Amazon announced that it would be building a $120 million satellite processing hub in Florida. The hub will be located in Cape Canaveral, Florida, and is expected to be completed in 2024. It will be used to process data from Amazon’s satellites which will aid the provision of broadband internet service, weather forecasting, and traffic…
X: The Everything App
Linda Yaccarino is the CEO of X, formerly twitter, as selected by Elon the owner. On Sunday, July 23 2023, she announced that twitter has gotten a second chance at making a big impression, and will now be X. The post mentions creating a new network that is centered around unlimited interactivity in the form…
Twitter: New Direct Messaging Restrictions
With the persistent issue of spam flooding Direct Messages (DMs), Twitter has recently announced a series of updates aimed at enhancing user experience and reducing unwanted messages. On July 13, the social media company introduced the option for users to receive DMs only from verified accounts and people they follow, a setting that was automatically…
Apple & AI: What You Need to Know
Apple has come a long way since its humble beginnings in Steve Jobs’ garage. The company has revolutionized the personal computer, the digital music player, the smartphone, and the tablet computer. Today, they are one of the most successful companies in the world, with no signs of slowing down. In a recent development, Apple is…
Netflix: 5+ Million More Subscribers in 3 Months
Netflix is an American subscription streaming service that offers a wide variety of TV shows, movies, anime, documentaries, and more. The company was founded in 1997 by Reed Hastings and Marc Randolph, and it has since become one of the most popular streaming services in the world. According to recent reports, Netflix added over 5…
Elon Musk’s Twitter Revenue Takes a Hit
Elon Musk’s Twitter revenue has taken a significant hit since he acquired the company in October 2022. In a recent tweet, Musk revealed that Twitter’s ad revenue is down 50%, and that the company is still cash flow negative. The decline in Twitter’s ad revenue began in the months leading up to Musk’s acquisition of…
Microsoft’s $69 Billion Activision Blizzard Deal
Activision Blizzard Inc is an American video game holding company that was founded in July 2008, following a merger between Activision Inc and Vivendi Games. In the company’s game portfolio is the iconic Call of Duty franchise, known for its action-packed first-person shooter games. Alongside Call of Duty, Activision Blizzard’s roster includes others, such as…
Wipro: Investing $1B in AI Advancement
Wipro, a multinational corporation founded on 29th December 1945 in Amalner, India, has evolved into a global contender in information technology, consultancy, and business process services. With a presence in 167 countries, the company offers a wide range of tech solutions that cater to the ever-changing needs of businesses worldwide. According to CNN, Wipro announced…