Author: Lily Evans
Former Treasury Secretary Steven Mnuchin has told wealthy investors that he plans to buy TikTok and rebuild the wildly popular video app from scratch.An investment banker who served under President Trump told potential backers that he aims to avoid two huge hurdles faced by those vying for the platform: Its estimated value is more than $100 billion. That's far more than most suitors, including Mr. Mnuchin, can afford. and the Chinese government's ban on the export of TikTok's secret sauce, the recommendation algorithm.Secretary Mnuchin has suggested that these hurdles could be overcome by offering to buy the app without the…
Written by Todd G. Buchholz and Michael Mindlin Traditional power companies cannot compete with emerging rivals aiming for rapid growth The average length of power outages in the United States doubled between 2013 and 2021. If John D. Rockefeller existed today, he'd probably have Google Nest, the pioneering smart thermostat, installed in his home. The famously frugal oil tycoon would have jumped at the chance to save money on his monthly utility bill. Traditional energy companies, from ExxonMobil (XOM) (a direct descendant of Rockefeller's Standard Oil Company) to local power companies, are beginning to embrace Big Tech. Will companies like…
Big tech companies are spending unprecedented amounts of money investing in artificial intelligence startups to avoid missing out on the generative AI boom. Amazon's $2.75 billion investment in AI startup Anthropic this week marks the company's largest venture deal in its history. “They definitely don't want to miss out on being part of the AI ecosystem,” said Fred Havemeyer, Macquarie's head of US AI and software research, regarding the overall surge in investment. Tech giants haven't made many acquisitions lately, largely due to an unfavorable regulatory environment. But they're finding other ways to spend billions on the next big thing.…
Prateek Madhav is the Co-Founder and CEO of AssisTech Foundation (ATF), India's first assistive technology-focused organization that fosters innovative disability technology startups.A non-profit organization based in Bangalore, ATF's goal is to raise awareness about the world of disability and make a positive impact through the startups they foster. Prateek spoke to indianexpress.com about his venture into assistive technology, the startup network he has created, the challenges and opportunities in the assistive technology space, and how the assistive technology ecosystem is being built in India. Edited excerpt: Venkatesh Kannaiah: How does AssisTech Foundation work and what are the axis on which…
downward angle icon An icon in the shape of a downward facing corner. Jason O'Rear / Gensler San Francisco Big tech companies are known for their unique and often large office spaces.Google's headquarters, the Googleplex, is a popular tourist attraction filled with state-of-the-art buildings.Take a look at some of the coolest tech company offices. Big tech companies are often praised for their impressive offices, and some even own entire campuses.For example, consider Google's headquarters in Mountain View, California. The Googleplex campus is also ranked as a top tourist attraction thanks to its state-of-the-art buildings.There is a sculpture of a Tyrannosaurus…
In this article, we will take a look at the 12 hot tech stocks to invest in now. To skip our analysis of the recent technology trends, and market activity, you can go directly to see the 5 Hot Tech Stocks to Invest in Now.The technology sector is going through a major transition with the advent of generative artificial intelligence. There have been rapid developments in the sector since the launch of OpenAI’s ChatGPT, a large language model (LLM), launched in November 2022. The platform received widespread acceptance with tens of millions of users flocking to the model. Alphabet Inc.’s…
CRATOR LAKE — Since last summer, students at universities in Virginia and West Virginia have been doing something not common on the water: building floating concrete canoes.The design was tested Friday at a lake in Pulaski County.The concrete canoe race is part of a larger symposium sponsored by the American Society of Civil Engineers (ASCE) at Virginia Tech. Six universities competed against each other. Virginia Tech, West Virginia University, Liberty University, Old Dominion University, University of Virginia, and Fairmont State University. A private high school, Miller School in Albemarle, also competed.Virginia Military Academy was also scheduled to compete, but a…
Buena entered Friday's game on a six-game losing streak, but that losing streak is now overshadowed. Everything went well against the Foothill Tech Dragons on Friday, with the Buena Bulldogs coming away with a 10-2 victory. Buena's hitters were in good shape heading into this game, and this was the most points they had scored all season. Miguel Magallanes spent all seven innings on the mound, and it's easy to see why. He had six hits and only two earned runs. Buena batted Eric Barron and Kenny Welch into the outfield. Barron went 1-for-3 with an RBI and three stolen…
Today's app: NASA Interested in space but feel like you need a PhD to really understand it in astrophysics?Think again. The official NASA app brings the wonders of space to your fingertips.It provides an immersive experience that everyone can enjoy, regardless of their level of expertise.Available for iPhone and Android devices, this app is a treasure trove of astronomical exploration.Whether you are an experienced space enthusiast or just someone interested in space,Universe, here's something for you.One of the app's standout features is the News tab, which delivers the latest updates from NASA.They are active in a variety of fields, including…
It's like a pet AAA.That's the idea behind a new nonprofit using drones.AFRS Emergency Drone Services has launched “FidoTracker”.According to WCPO's news partners, the organization was founded by professional firefighters who make a living flying large drones.They apply the same principles to saving human lives and rescuing lost pets.It's like the old adage: a firefighter saves a cat from a tree.”They're looking for hope that they can find their pet,” said FidoTracker founder Todd May.In this case, firefighters use high-tech tools to scan more than a half-mile of terrain at any given time.”We started doing dog rescue work on the…