Innovation & Tools
TikTok may replace hundreds of moderators in the UK with artificial intelligence - 08/25/2025
The social media platform TikTok, which is owned by China's ByteDance, might lay off hundreds of staff in its UK branch responsible for content moderation and platform security, according to the Financial Times. Staff in this division got a communication from management indicating that the company will cease moderation from London. Estimates from the British Communications Workers' Union suggest...
Microsoft restricts Chinese companies' access to early notifications about vulnerabilities - 08/21/2025
Microsoft Corp. has limited Chinese firms' access to advance alerts regarding weaknesses in its technologies, according to Bloomberg. Microsoft recently initiated an investigation into potential data leaks that might have resulted in a series of hacks exploiting a weakness in the software of its SharePoint service. Estimates from the Dutch cybersecurity firm Eye Security indicate that nearly...
The US is getting ready for $500 billion IPO of Fannie Mae and Freddie Mac - 08/11/2025
The Trump administration is set to take the mortgage companies Fannie Mae and Freddie Mac public, according to Bloomberg, which refers to a senior official in the administration. The placement might occur as soon as 2025. It is anticipated that its volume will reach around $30 billion, while the agencies’ worth is estimated at $500 billion or higher. The government anticipates selling 5-15% of...
Lyft to deploy robotaxis in europe in partnership with Baidu - 08/05/2025
American ride-hailing company Lyft Inc. will collaborate with China's Baidu Inc. to introduce self-driving vehicles in Europe, the firms announced in a joint statement. If granted approval by regulators, the initial robotaxis will debut in Germany and the UK in 2026. In the coming years, the European fleet will expand to thousands of vehicles. Lyft will control the operational value chain,...
China's digital regulator warns of Nvidia chip loopholes - 08/01/2025
According to a report by CNBC, China's Cyberspace Administration (CAC) has expressed worries about national security regarding Nvidia Corp.'s H20 chips, based on information from the regulatory authority. The CAC stated that the semiconductor manufacturer was requested to “offer explanations and pertinent supporting documents concerning security threats, including potential vulnerabilities and...
TikTok to launch a separate application for the US - 07/11/2025
The Chinese ByteDance's TikTok social platform is set to introduce a distinct app for users in the United States, according to Reuters, referencing sources. It is expected that the algorithm and data system of the new app will be different from those utilized in the global version. The launch of an independent version might serve as a foundation for marketing the platform, which is what US...
Twitter co-founder Jack Dorsey creates a Bluetooth messenger - 07/09/2025
Jack Dorsey, co-founder of the American social platform Twitter (now X) and CEO of fintech company Block Inc., has launched a beta version of the decentralized messaging app Bitchat, which operates through Bluetooth networks, according to CNBC. Bitchat operates without the need for the Internet, central servers, phone numbers, or email. Dorsey noted on X that this is his individual...
Toyota starts construction of Lexus Electric vehicle plant in Shanghai - 06/30/2025
Toyota Motor of Japan started building a factory for Lexus electric vehicle production in Shanghai on Friday, according to Xinhua News Agency. The site, situated in the Jinshan District of Shanghai, will also feature a battery development and manufacturing center. The facility is anticipated to start manufacturing vehicles in 2027. Its starting capacity will be 100,000 vehicles...
China’s CATL to introduce fast-swapping EV battery technology in Europe - 06/27/2025
China's Contemporary Amperex Technology Co. (CATL), the global manufacturer of electric vehicle batteries, intends to launch its recycling and rapid-swapping battery technology in Europe, according to the Financial Times. Li Jiang, the board secretary of CATL, informed the newspaper that fast-swapping batteries hold significant promise in Europe for lowering costs and prolonging the lifespan of...
Tesla upgrades its premium Model S and Model X, raises their prices by $5 thousand - 06/17/2025
Tesla has launched updated versions of its luxury sedan Model S and SUV Model X, increasing the prices for all configurations by $5,000, according to MarketWatch. The company stated on the X social network that both models feature a revised wheel and suspension design, among other updates, along with enhanced noise reduction. Furthermore, the Model X offers greater room in the third row and...
