
SoftBank's Arm aims for over $52 billion valuation in biggest US IPO of the year
(Reuters) -SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering as the
2023-09-05 19:16

Plaintiffs lawyers in Facebook data privacy case seek $181 million in fees
By Sara Merken Plaintiffs' lawyers have asked a San Francisco federal judge to award more than $181 million
2023-06-23 01:22

How to Pre-load Forza Motorsport
Step-by-step details for pre-loading Forza Motorsport (2023) on every available platform including Xbox and PC.
2023-10-04 01:20

Sasol Takes $1.9 Billion Charge on Coal Unit as Emissions Rise
South African fuel and chemical maker Sasol Ltd. took a 35 billion-rand ($1.9 billion) writedown on a facility
2023-08-23 19:57

Instagram plans ChatGPT-style AI chatbot with multiple personalities
Instagram is working on an AI chatbot with 30 different personalities for users to interact with, according to leaks. App researcher Alessandro Paluzzi shared screenshots of the ‘Chat with an AI’ feature, revealing details of an artificial intelligence agent similar to ChatGPT. It offers users the option to ask questions and seek advice, as well as a writing assistance tool for help with composing messages. “Bring AI to your chats for a more fun and engaging experience,” the leaked images of the ‘Chat with an AI’ feature states. “Chat with 30 AI personalities and find which one you like the best.” It is not yet clear when Instagram plans to release the AI chatbot, if at all. The Independent has reached out to Instagram for comment, though the company typically does not speak about unreleased products. Several other social media platforms have already launched similar AI tools, or are rumoured to be working on them. In February, Snapchat unveiled its ‘My AI’ chatbot, which is powered by OpenAI’s ChatGPT technology. The tool can be used to “answer a burning trivia question, offer advice on the perfect gift for your BFF’s birthday, help plan a hiking trip for a long weekend, or suggest what to make for dinner”, according to Snapchat. It was met with skepticism from some users, who reported on social media that they felt uncomfortable sharing their data with the AI chatbot. “I want it gone, remove it,” one user wrote in response to Snapchat’s tweet about the feature, while another asked: “Can we have the option to delete it.” TikTok is also currently testing an in-app chatbot called Tako, which has seen a limited roll out in a few select countries like the Philippines. “Being at the forefront of innovation is core to building the TikTok experience, and we’re always exploring new technologies that add value to our community,” a TikTok spokesperson said. “In select markets, we’re testing new ways to power search and discovery on TikTok, and we look forward to learning from our community as we continue to create a safe place that entertains, inspires creativity and drives culture.” Read More ChatGPT creator says AI ‘superintelligence’ is impossible to stop Meta Ireland to cut about 490 jobs Ukrainian schoolboy to buy home for his mother after selling Minecraft server Here’s what it’s like to use Apple’s new virtual reality headset
2023-06-07 18:28

Vodafone and Three merger: What the huge deal actually means for you
A new deal will bring the “biggest shake-up in the UK mobile market for over a decade” – and could have significant consequences for anyone who uses a phone in the country. Vodafone and Three will merge as part of a deal that will see the two companies merge to make one of Europe’s biggest mobile operators. That will leave customers of those companies – and other operators in the UK – with a network operator significantly different from the one before the merger happened. But will it benefit those customers, or harm them? Here’s everything you need to know about how the possible deal might shakeup the mobile market. What is happening? Vodafone and Three – both relatively small phone networks in the UK – will merge together, with Vodafone owning 51 per cent of the combined business. It’s not clear yet what the new company will be called. It’s also not actually clear whether the deal will actually go through. Regulators still have to approve it, which is not guaranteed. It will affect the companies themselves, which will be re-organised around the new merger, as well as employees who may now fear job cuts. But it will also affect customers and the rest of the country. The deal is expected to be completed before the end of 2024, the companies said. “This long-awaited mega merger represents the biggest shake-up in the UK mobile market for over a decade,” said Kester Mann, director of consumer and connectivity at CCS Insight. What does it mean for customers? The companies are looking to position the deal as great for its customers. It says that it will immediately lead to a “better network experience with greater coverage and reliability at no extra cost, including through certain flexible, contract-free offers with no annual price increases, and social tariffs”. Over the long term, it is not clear how the company intends to bring those customers together. When EE and T-Mobile merged into EE, for instance, the two customer groups initially stayed separate and then gradually became integrated. What does it mean for people who aren’t Three or Vodafone customers? Those behind the merger argue that it will help everyone else, too. Margherita Della Valle, Vodafone’s chief executive, said that it was “great for customers, great for the country and great for competition”. The “country” part of the statement is intended to point to the £11 billion investment that the newly merged company has promised for the UK, which it says will help “create one of Europe’s most advanced standalone 5G networks”. That new network will help provide billions in economic benefit, it argues. And the “competition” part comes from the argument that the mobile market will become more competitive, with another large operator in it. In theory, that could lead to better prices and deals for everyone – though there is of course no guarantee of that. Will prices go up for existing or new customers? It’s difficult to know this far out. Bigger companies have more power, which they can use to try and drive prices higher – but they also have more scale, which they can potentially use to be more efficient and reduce prices. Both companies have recently increased their prices significantly, even above inflation, which might be a clue to how they intend to behave in the future. But they may argue that the deal would allow them to avoid similar rises in the future. This will be the question that regulators grapple with as they probe whether the deal should go ahead. If they cannot be convinced that the merger will lead to better conditions for customers, then they will look to stop it. Will the deal go ahead? There is still a good chance that regulators will stop the deal from going ahead. They did the same when Three attempted to take over O2 in 2016, citing the risk that the deal would lead to higher prices. “This will be a hard sale given that both companies have been outperforming the market for the last year or so,” said Paolo Pescatore, from PP Foresight. “Let’s see if the authorities have a change of heart. Both parties need to demonstrate that this is genuinely in the interest of UK plc, the economy, and consumers for it to have a chance of getting over the line.” Read More Battery breakthrough ‘offers 1,500 kilometre range from just 10 minutes of charging’ EU makes major statement on the future of Google Reddit’s blackout protest is set to continue indefinitely Battery breakthrough ‘offers 1,500 kilometre range from just 10 minutes of charging’ EU makes major statement on the future of Google Reddit’s blackout protest is set to continue indefinitely
2023-06-14 21:48

Sex? Sexual intercourse? Neither? Teens weigh in on evolving definitions — and habits
High school students are having less sexual intercourse
2023-05-12 14:58

Juniper Research: Network Tokenisation to Facilitate 85% of All Global eCommerce Transactions by 2028
BASINGSTOKE, England--(BUSINESS WIRE)--Sep 4, 2023--
2023-09-04 14:20

German Coalition Split on Magnitude of Increase in Carbon Price
Germany will increase a levy on polluting fossil fuels used in housing and transportation next year as planned,
2023-08-02 19:16

Resonant Link Unveils World’s Fastest and Easiest-to-Use Wireless Charging for Titanium Can Implants, Delivers the Charging Patients Want
BOSTON--(BUSINESS WIRE)--May 10, 2023--
2023-05-10 20:25

Elon Musk says his Shanghai factory makes the 'highest quality' Teslas
Tesla CEO Elon Musk has wrapped up his first trip to China in three years, after meeting a string of government officials and thanking workers at the company's mega factory in Shanghai.
2023-06-02 18:55

Mouser Electronics Awarded Third Consecutive Year for Excellence in E-Commerce Distribution by Omron
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Jun 1, 2023--
2023-06-01 23:55
You Might Like...

Microsoft stops developing Xbox One games

Former Alibaba chair Daniel Zhang steps down as head of cloud division in surprise move

Assassin's Creed Mirage and 'Avatar: Frontiers of Pandora set for Ubisoft Live 2023

The Borderlands movie finally has a release date!

EA FC 24 Team of the Week 1 Predictions, Release Date

Codetta Bio Appoints New Vice President of Product Management to Lead Commercial Strategy

The best EOFY robot vacuum deals in Australia – Live now

This 12-course YouTube masterclass is on sale for 77% off