Friday, March 25, 2022

Instacart slashes its valuation to $24 billion

Instacart's valuation doubled twice to $39 billion in the first year of the public health crisis, fueled by a pandemic boon to its on-demand grocery delivery business. Now it's falling back to earth.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/BeH7USn

8:23 PM Author mohaisen CategoryTech No comments Read More

EU officials agree on sweeping new rules targeting Big Tech

European officials have reached agreement on a sweeping set of competition rules for Big Tech that could mark a global turning point for technology regulation.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/bC2OZDj

7:23 PM Author mohaisen CategoryTech No comments Read More

White House and EU reach agreement on trans-Atlantic data sharing

The White House has hammered out a new agreement with the EU that could again allow businesses to transfer data and personal information across the Atlantic, a highly-anticipated move that could provide assurance to hundreds of companies after Europe's top court struck down the deal's predecessor in 2020.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/Uqxmw3B

6:23 PM Author mohaisen CategoryTech No comments Read More

As one union election at an Amazon warehouse ends, another is beginning

As a milestone union election at an Amazon warehouse in an Alabama city ends, a new one is set to begin at another Amazon warehouse in New York City. If either effort succeeds, it will mark the first US union in Amazon's 27-year history.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/LKZJ9d4

5:23 PM Author mohaisen CategoryTech No comments Read More

Deepfakes are making information warfare more high tech and worrisome than ever

Five years ago, nobody had even heard of deepfakes, the persuasive-looking but false video and audio files made with the help of artificial intelligence. Now, they're being used to impact the course of a war.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/V25i6Lt

3:23 PM Author mohaisen CategoryTech No comments Read More

Thursday, March 24, 2022

Uber strikes a deal to list New York City taxis on its app

Uber once waged a fierce battle against the taxi industry. Now it's teaming up with New York's iconic yellow cabs.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/bMB2JeY

7:23 PM Author mohaisen CategoryTech No comments Read More

Stephen Wilhite, who created GIFs, dies at 74

Wilhite, whose GIFs changed the way we communicate online, died March 14. His wife, Kathaleen, confirmed that Wilhite died from complications of Covid-19.