Data privacy concerns in Norway have put US-based big tech firm Meta in a tight spot. Norway's data protection agency has threatened to ban Facebook and Instagram owner Meta from using the personal information of users for targeted advertising with a $100,000 daily fine if the company continues its activities.
Technology Pick
Grants to Be Awarded for AI Management Insights
OpenAI, the creator of the popular artificial intelligence chatbot ChatGPT, has said that it will distribute 10 equal grants from a $1 million fund earmarked for studies in democratic processes to explore how AI software can best address biases and other concerns.
AMECA: Advancing Human-Robot Interaction
When it comes to humanoid robots, the level of human-likeness can sometimes produce an almost eerie experience. However, the latest and most advanced humanoid robot, Ameca, has taken a step even closer to bridging the gap between man and machine.
From iPhones to EVs: Foxconn's Bold Move Amid US-China Tensions
Evolving from a small component-making enterprise into the colossal consumer electronics powerhouse it is today, Hon Hai Technology (aka Foxconn) is placing its bets on the realm of electric cars as it deftly maneuvers through an era of complex Washington-Beijing relations.
The Threads App Sets Download Speed Record, Ignites Twitter Backlash
In just a few hours after its launch, Threads, Instagram's real-time public conversation app, had garnered over 30 million downloads, making it the fastest-growing app ever. The app, aimed at rivaling Twitter, quickly surpassed the download records of ChatGPT and is projected to reach over 100 million users within its first two months. Prominent Twitter users like Ellen DeGeneres, Bill Gates, Shakira and Oprah Winfrey quickly joined Threads and generated a celebratory atmosphere with welcome messages and an eagerness to engage with one another.
Readying for New and Exciting ‘Palm Payment’ Tech
In a monumental leap forward, “palm payment” has emerged as the latest breakthrough in the payment landscape. Chinese tech giant Tencent has launched a groundbreaking public release, enabling users to make payments effortlessly using just their palms.
AI-Driven Revolution: Empowering Drug Discovery Through In-Silico Methods
Drug research commences with the discovery phase with AI, employing in vivo and in vitro models to identify promising lead drug compounds. In-Silico or computational methods, such as databases, quantitative SAR (structure-activity relationship), homology, and molecular modeling, expedite the generation of lead compounds with heightened accuracy, reduced costs, and shorter timeframes. More than 30 companies, spanning technology vendors, established pharmaceutical firms, and emerging start-ups, actively participate in the development and application of in-silico drug discovery. The analysis also identifies the companies leading in each innovative area and assesses the potential impact and global reach of their patenting activities across diverse applications and geographical locations. Assessing "application diversity," which quantifies the number of distinct applications associated with each relevant patent, reveals companies categorized as either specialized niche innovators or diversified across multiple domains. Similarly, "geographic reach" assesses the breadth of global application by considering the number of countries where relevant patents are registered, varying from localized to global scopes.
IOS 17 Introduces New Features For Better Outcome
Each year Apple kicks off its Worldwide Developer Conference with a few hours of just straight announcements, generally covering things from OS to watchOS to new and updated gadgets. This year, Apple announced the launch of iOS 17 that brings new features for more expressive communication, simplified sharing, and a new full-screen experience for your iPhone.
The Beginning of the End for Metaverse?
After seven years of hard work developing its latest jewel of a product, Silicon Valley superstar Apple has introduced its irresistibly sleek mixed-reality headset that could throw cold water on the “metaverse” dream propagated by rival Meta.
Snapchat’s New AI Chatbot Feature Is Facing Backlash From App Users
The notable new chatbot feature from Snapchat is powered by ChatGPT, but with some key differences: users can customize the chatbot’s name, design a compatible custom Bitmoji avatar and feature it in conversations with friends, the latter of which is raising concerns among teens and parents.