Meta Unveils New Video Editing App ‘Edits’ Amid CapCut Removal from App Stores 

Meta has introduced a new video editing application called Edits, which is set to launch next month on iOS, followed by an Android version soon after. This announcement comes soon after ByteDance’s CapCut was removed from both the Apple App Store and Google Play Store, amid a wider effort to regulate applications related to TikTok.  […]

Samsung Becomes Majority Stakeholder in Robotics Firm Rainbow Robotics

Samsung has taken a major step in its robotics initiatives by becoming the principal shareholder in Rainbow Robotics, a South Korean firm. The electronics leader raised its ownership from 14.7% to 35%, investing KRW 267 billion (around $181 billion). This represents a crucial advancement in Samsung’s dedication to enhancing its robotics division and hastening the […]

Manmohan Singh, Visionary Economist and Former Indian Prime Minister, Dies at 92

Manmohan Singh

Manmohan Singh, Visionary Economist and Former Indian Prime Minister, Dies at 92 Manmohan Singh, a revered economist and India’s 14th Prime Minister, passed away at 92 in Delhi. Known as the architect of the 1991 economic liberalization, he played a pivotal role in transforming India into a global economic force. As Prime Minister from 2004 […]

Menlo Ventures and Anthropic Introduce Anthology Fund, Which Invests in 18 Founding Teams

This strategy has worked for Anthropic’s $100 million Anthology Fund; in its first five months, it got to work, backing 18 startups. The fund seeks to select companies which are developing advanced use of Artificial Intelligence in its application. The first generation of PMP scholars was selected from thousands of applicants and covers various fields […]

OpenAI Introduces Sora, a Video Creation Tool with Restricted Key Features

OpenAI Introduces Sora, a Video Creation Tool with Restricted Key Features OpenAI has launched Sora, a video creation tool that generates videos, designed to equip creators with sophisticated generative video functions. However, the company is adopting a careful strategy by limiting access to specific features, especially those that could be misused, as it enhances safety […]

Meta’s Subsea Cable: A Groundbreaking $10 Billion Investment in Global Connectivity

Underwater view of a subsea fiber-optic cable, representing Meta's $10 billion investment in global connectivity infrastructure.

Meta is planning to undertake a major initiative to enhance its global infrastructure. Industry insiders report that Meta intends to build an extensive subsea fiber-optic cable, extending over 40,000 kilometers, with an investment potentially surpassing $10 billion. This upcoming project is a significant achievement for Meta, marking its first entirely owned and operated subsea cable. […]

Australia Pulls Back Controversial Legislation Aimed at Misinformation on Digital Platforms

The Australian government has retracted a contentious bill that would have levied fines of up to 5 percent of global revenue on digital platforms that fail to manage the spread of misinformation effectively. The bill, supported by the Labor government, intended to give the Australian Communications and Media Authority the authority to enforce regulations against […]

OpenAI Accused of Deleting Key Data in Copyright Lawsuit

In their ongoing legal battle against OpenAI, attorneys for The New York Times and Daily News have charged the corporation with erasing possibly important case-related data. The publishers claim that OpenAI illegally used their content to train its AI algorithms. In order to enable the plaintiffs’ legal teams and hired experts to explore its datasets […]

SpaceX’s Starship Test Flight Draws Special Visitor, President-Elect Donald Trump

Tuesday afternoon saw SpaceX carry out the Starship rocket’s sixth flight test, which represents yet another important turning point in the creation of the enormous launch system. President-elect Donald Trump paid an unexpected visit to the Texas launch site, which garnered headlines even though the test did not have the dramatic booster capture that had […]