Author: Jack Neo
Social media has evolved from playful dog lenses to transformative beauty filters, sparking concerns about their impact on mental health. TikTok, currently facing lawsuits in 14 U.S. states over its effects on young users’ well-being, has announced new measures to limit access to these filters for users under 18. The platform revealed that “some appearance effects” will no longer be available to this age group, though the specifics remain unclear. TikTok also plans to enhance transparency by requiring filters to disclose the changes they make to a person’s appearance. Additionally, the company is updating its guidelines for creators in its…
In a historic move to strengthen domestic semiconductor production, Intel Corporation has secured $7.86 billion in direct funding through the CHIPS and Science Act. This marks a critical step towards bolstering U.S. manufacturing capabilities in the face of global supply chain vulnerabilities. The Biden-Harris Administration announced that this funding would accelerate Intel’s ambitious plans to expand its chip manufacturing and advanced packaging projects across four key states: Arizona, New Mexico, Ohio, and Oregon. Alongside this direct funding, Intel is also set to benefit from a 25% investment tax credit, paving the way for more than $100 billion in U.S. investments.…
OpenAI executive Sam Altman said he hoped Elon Musk would not use his political influence to harm his competitors, saying such behaviour would be ‘un-American’.
At the beginning of this year, Google DeepMind announced Genie, an artificial intelligence tool that can generate playable 2D games based on images generated from a text prompt or real images. Now it produces 3D games!.
WhatsApp, one of the most popular instant messaging platforms globally, is rolling out an innovative feature that allows users to convert voice messages into text. This update aims to address frequent user concerns, offering a seamless way to access the content of audio messages without having to listen to them directly. What’s New? This transcription feature is set to launch gradually over the next few weeks, starting with support for a limited number of languages, including English, Portuguese, Spanish, and Russian. WhatsApp has also announced plans to expand the language options in the future, making it more accessible to a…
Valve’s new venture is quite different from its Steam Machines experiment. This time, the company is capitalising on the popularity of Steam Deck and the performance of Proton, the compatibility layer that bridges the gap between Windows games and the Linux environment.
Understanding Economic Uncertainty Economic uncertainty can be defined as the unpredictability surrounding future economic conditions, which poses challenges for businesses and consumers alike. In today’s context, this uncertainty stems from a variety of factors that collectively contribute to an unstable financial environment. Global events, such as geopolitical tensions, pandemics, and changes in trade policies, can disrupt markets and alter economic forecasts, leaving stakeholders unsure of how to navigate these complexities. Technological advancements also play a significant role in shaping economic landscapes. With the rapid evolution of technology, industries are constantly shifting. Automation and artificial intelligence have transformed traditional business models,…
Overview of the Fintech Landscape The fintech industry has undergone rapid transformation over the past decade, making significant strides in redefining the way financial services are delivered and consumed. Financial technology, or fintech, leverages modern innovations to enhance or automate financial services, resulting in improved efficiency and accessibility for consumers and businesses alike. As we approach 2025, several key trends are shaping the fintech landscape, warranting careful attention from stakeholders. One of the most notable trends is the rise of digital banking services. Traditional banking institutions are increasingly challenged by agile fintech startups that offer streamlined, user-centric services through innovative…
The Current State of Fintech: A Snapshot The fintech landscape has undergone a remarkable transformation over the past decade, with significant advancements driven by technology, consumer demands, and regulatory frameworks. Today, key players in the industry include both traditional financial institutions and innovative startups, which together are redefining how financial services are perceived and delivered. Large banks are increasingly adopting fintech solutions to enhance their offerings, while startups utilize agile methodologies to meet the rapidly evolving expectations of consumers. This collaboration has led to a more competitive environment that fosters innovation. The proliferation of digital technologies has vastly changed the…
Understanding Web3: The Future of the Internet Web3 represents a paradigm shift in the evolution of the Internet, marking a transition from traditional centralized models to a decentralized framework. This new iteration is characterized by the principles of decentralization, user empowerment, and the integration of blockchain technology. Unlike its predecessors, Web1 and Web2, which primarily focused on content consumption and user-generated content, respectively, Web3 empowers individuals by enabling them to control their data and engage directly with digital ecosystems. At its core, decentralization in Web3 refers to the distribution of data and services across a peer-to-peer network, eliminating single points…