The lay off frenzy across big tech isn’t over yet. In my previous post about Tech Winter, I recounted mass workforce reduction that started in 2022, that saw Meta cut about 11,000 jobs. On October 28, 2021, the parent company of Facebook changed its name from Facebook, Inc., to Meta Platforms, Inc., to “reflect its…
Silicon Valley Bank (SVB) Down
Silicon Valley Bank (SVB) was a commercial bank headquartered in California, US. SVB was on the list of largest banks in the United States and was the biggest bank in Silicon Valley based on local deposits, with a 25.9% market share as of June 30, 2016. It was a subsidiary of SVB Financial Group, a…
100 million daily users on Bing
Bing, the search engine developed by Microsoft, has reached a significant milestone with 100 million daily users. According to reports from Yusuf Mehdi, Corporate Vice President & Consumer Chief Marketing Officer, Microsoft Bing’s growth is attributed to its integration with Microsoft’s artificial intelligence (AI) technology, which has improved the quality of search results and user…
New AI-Powered Microsoft Bing
Microsoft Bing is a web search engine owned and operated by Microsoft. The service has its origins in Microsoft’s previous search engines: MSN Search, Windows Live Search and later Live Search. This evolution has gradually pivoted into AI. Bing, Microsoft’s replacement for Live Search, was unveiled by Microsoft on May 28, 2009, in San Diego,…
Apple: Game-Changer for Diabetes Management
Apple Inc. is an American multinational technology company headquartered in California, United States. Apple is the largest technology company by revenue (totaling $365.8 billion in 2021) and, as of June 2022, is the world’s biggest company by market capitalization, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer. Apple has reportedly…
Netflix Lowers Subscription prices in many countries
Netflix, a California-based streaming media company established in 1997, provides a subscription-based video on-demand service that encompasses a diverse collection of original films and TV series produced or procured by the company, as well as licensed third-party content from other distributors. Initially, Netflix offered both DVD sales and rentals via mail, but the sales segment…
Notion AI is here
Notion is a freemium productivity and note-taking application developed by Notion Labs Inc. It offers organizational tools including task management, project tracking, to-do lists, bookmarking, and many more. Notion has a rich template library from an awesome community of creators and users. Notion Labs Inc is based in San Francisco and was founded in 2013….
Verified on Twitter, Facebook & Instagram
Elon Musk and the board at Twitter came to an agreement on the sale of the social media company on 25 April 2022, this was reported to be for a price that marked a 38% premium over the stock price at the time. The report further mentioned that Elon said, “Twitter has tremendous potential –…
Electric vehicle software needs an update?
Tesla vehicle owners are expected to receive notification letters regarding the latest recall of certain models of the electric vehicle by April 15, 2023. This recall affects certain 2016 – 2023 Model S, Model X, 2017 – 2023 Model 3, and 2020 – 2023 Model Y vehicles that are equipped with the Full Self-Driving Beta…
Tech Winter?
Artificial intelligence is an interesting department in tech and the term AI Winter refers to a period of reduced funding and interest in artificial intelligence research. This is not the current case with the big technology space today which makes me wonder the reason for the recent mass layoffs in major organizations. According to Investopedia,…