Multiple wins for Ford this quarter as evidenced by our previous report in April, regarding hands-off driving capabilities in the UK. Ford CEO Jim Farley recently unveiled a collaboration with Tesla that is set to expand the electric vehicle landscape. Beginning next year, Ford EV owners in the United States will have the ability of…
Neuralink gets Approval for First-in-Human Experiments
Neuralink Corporation, a neurotechnology company headquartered in California, USA, specialized in the development of implantable brain-computer interfaces and co-founded in 2016 by Elon Musk. With substantial funding amounting to $158 million, Neuralink has made visible progress in its healthcare advancement mission. A brain-computer interface (BCI), referred to as a brain-machine interface (BMI) or smart-brain, establishes…
First Citizens Bank Cuts 500 Jobs
First Citizens Bancshares Inc, headquartered in North Carolina, USA, is a bank holding company with its primary subsidiary being First Citizens Bank. The company operates an extensive network of 550 branches across 22 states, with assets worth $109 billion as of December 31, 2022. Following its acquisition of the commercial banking business of Silicon Valley…
Meta: €1.2 Billion Fine over GDPR Violation
Meta Platforms Inc. is a multinational technology conglomerate with its headquarters in California, USA. With an extensive repertoire of products and services, including Facebook, Instagram, and WhatsApp, Meta has established itself as a powerhouse in the tech industry. Meta is ranked among the world’s most valuable companies and holds a position among the Big Five…
WhatsApp: New Privacy Feature
WhatsApp, the instant messaging and voice-over-IP service, has improved the way people connect and communicate around the world. As a centralized platform with 2 billion users, it enables people exchange text and voice messages, engage in voice and video calls, and effortlessly share a wide array of content, including images, documents, and user locations. WhatsApp…
Udacity and Access Bank Tech Scholarship
The days of solely relying on traditional education are long gone, as individuals seek flexible and innovative ways to expand their knowledge. This is where Udacity, Inc. comes in, a pioneering educational organization that has been revolutionizing online learning since its inception in June 2011. Originally established with a focus on providing university-style courses, Udacity…
ChatGPT Launches iOS App
OpenAI has officially launched the ChatGPT app for iOS, bringing the power of artificial intelligence right to your fingertips. Now, you can effortlessly tap into the vast knowledge and creative capabilities of the chatbot on your iPhone. Unfortunately, the app is not available for android users yet. According to OpenAI, the ChatGPT app will initially…
BT Group to Layoff 55,000
BT Group plc. (formerly British Telecom), is a British multinational telecommunications holding company that has been at the forefront of revolutionizing how the world communicates since 1912. With its headquarters nestled in London, England, BT Group’s extensive operations span across approximately 180 countries, solidifying its position as a global leader in fixed-line, broadband, and mobile services….
Uber Unveils New Safety Feature for Teens
San Francisco-based Uber Technologies, Inc. has solidified its position as a leader in the mobility and delivery industry, offering an extensive range of services that cater to millions of people worldwide, with operations in approximately 70 countries and 10,500 cities. Uber’s ride-hailing service remains at the core of its operations, accounting for 48% of its…
Vodafone to Layoff 11,000
Vodafone Group Plc, a British multinational telecommunications company with its headquarters in Berkshire, England, is a formidable force in the industry. With operations spanning Asia, Africa, Europe, and Oceania, Vodafone has solidified its presence as a leading provider of mobile and enterprise services. As of January 2023, Vodafone owns and operates networks in 21 countries,…