Today is the end of voting in the Republican presidential primary in South Carolina
Former US Ambassador to India Nikki Haley on Sunday said that she will stay in the race to become US President “until the last person votes”. “It’ll be a challenge but it’s not going to be a cakewalk,” she further said. This comes as Haley is set to lose South Carolina’s Republican presidential primary to Donald Trump on Saturday.
There is a popular social platform that sells stock in an IPO
US-based social networking site Reddit has filed for an initial public offering (IPO) to raise as much as $200 million, Reuters reported. “We’re aiming to go public at a price of up to $500 million,” Reddit Founder Alexis Ohanian wrote in a letter. Reddit, which was founded in 1998, was valued at about $500 million in its last IPO in March this year.
After seeing the Vision Pro, Mark says that it is the better product
Apple CEO Tim Cook has said that eye tracking will be returning to future Meta headsets. However, he added that the physical hand controllers and hand tracking for input are better. Cook stated that the Quest 3 is comfortable to wear because it is less heavy. It is better for motion due to its lack of a wired battery pack, he added.
Should you allow your parents to order from Temu?
China’s Pinduoduo, which was formerly known as Temu, has been accused of collecting user data beyond what’s necessary for an online shopping app. The US Trade Commission said that Temu and its parent company collect user data beyond what’s necessary for an online shopping app. A federal class action lawsuit was brought against Temu and its parent company for allegedly collecting user data.
How to get the smart artificial intelligence tool, Gemini advanced
Google announced that its AI-powered chatbot Bard has been renamed as “Gemini” and its Advanced features will now be available only to the subscribers of the higher tier. The new Gemini Advanced features will be available only to subscribers of the higher tier. However, it is unclear if they will be free after July 31.
The new brand of its artificial intelligence was dubbed “Gemini.” It is supposed to be used to take on chat
OpenAI announced a new bundle for its Gemini chatbot and GTT store, which will be available to Google users. The bundle is priced at $20 per month and includes a subscription to the most powerful version of ChatGPT, a place where developers can build custom chatbot functions, and a chat-ified search experience. A Google One account is also included in the bundle.
A sports streaming app is in the works
The Walt Disney Company has announced that it will launch a new streaming sports service along with ESPN and Warner Bros. “The launch of this new streaming sports service is a significant moment for Disney and ESPN, a major win for sports fans, and an important step forward for the media business,” the company said in a statement.
Problems at a key Boeing supplier may help explain the company’s mess
The US Federal Aviation Administration (FAA) has said that it is conducting an inspection of the Boeing 737 fuselage factories in Wichita, Kansas and Washington, DC. About 50 jets will require additional work before they can leave the factory because of improper drilled holes, Boeing said. It added the production errors are “not an immediate flight safety issue”.
The collapse of China’s Evergrande property developer is covered here
Evergrande Group, which was recently declared insolvent by a Hong Kong court, has a total of $19 billion in real estate development liabilities, according to its audited results. It owes about $14 billion in payments to investors and the remaining $2 billion is classified as outstanding dues, Bloomberg reported. Evergrande is the country’s third-largest real estate company by market value after Wanda and China Evergrande Group.
Nearly 25,000 tech workers were laid off in the first week of the year
A professor at the University of Washington said that Wall Street has a bloodbath of jobs in the tech industry. “There is a herding effect in tech…They’re getting away with it because everyone is doing it,” Jeff Shulman said. Shulman added, “They’re getting away with it because it’s the new normal. Tech company workers have returned to pre-pandemic levels.”