News

UK’s Autonomous Vehicle Legislation Becomes Law, Paving the Way for First Driverless Cars by 2026
In a groundbreaking move, the United Kingdom has officially passed legislation that will allow autonomous vehicles (AVs) to operate on public roads by 2026. This landmark decision, announced on May 20, 2024, sets the stage for the UK to become a global leader in the deployment of driverless cars. Legislation Overview The newly enacted law […]

Robotics Industry Sees Major Hiring Surge with 81 Companies Expanding
The robotics sector is experiencing significant growth, as evidenced by a recent TechCrunch report highlighting that 81 companies are actively hiring. This surge reflects the increasing demand for automation across various industries, including manufacturing, fulfillment, and emerging areas such as humanoid and home robotics. The Growing Demand for Robotics Talent As the robotics industry evolves, […]

Microsoft Unveils AI-Driven Windows and Copilot+ PCs at Build 2024
Microsoft’s Build 2024 conference has showcased the tech giant’s ambitious vision for an AI-integrated future. The highlight of the event was the introduction of Copilot+ PCs, new hardware designed to maximize AI capabilities within Windows 11. AI at the Core of Windows During the keynote, Microsoft announced a series of generative AI-powered features for Windows […]

Scarlett Johansson Reveals OpenAI Approached Her to Use Her Voice
In a surprising revelation, Hollywood star Scarlett Johansson disclosed that OpenAI approached her with a proposition to use her voice for artificial intelligence purposes. The announcement, made public on May 20, 2024, highlights the growing intersection of celebrity culture and AI technology. The Proposal Scarlett Johansson, known for her distinctive voice and iconic roles, confirmed […]

CyberArk Acquires Venafi for $1.54 Billion to Enhance Machine-to-Machine Security
In a significant move to bolster its cybersecurity offerings, CyberArk has acquired Venafi for $1.54 billion. This strategic acquisition, announced on May 20, 2024, is set to enhance CyberArk’s capabilities in securing machine-to-machine (M2M) communications, a crucial aspect of modern cybersecurity. The Acquisition Deal CyberArk, a leading company in identity security, has made a substantial […]

Rollup Aims to Transform Hardware Engineering
Revolutionizing Engineering with Software California-based startup Rollup is making waves in the hardware engineering sector with its innovative software platform. After three years in stealth mode, the company has officially launched, supported by $5.6 million in funding from notable investors like Andreessen Horowitz and Thiel Capital. Rollup’s platform is designed to streamline the development process […]

CFPB Sues SoLo Funds Over Alleged Deceptive Practices
Overview of the Lawsuit The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against SoLo Funds, a fintech company specializing in peer-to-peer lending, alleging the use of deceptive practices. The lawsuit, announced on May 17, 2024, accuses SoLo Funds of employing “digital dark patterns” to mislead borrowers and illegally collect fees while falsely advertising […]

SeekOut Lays Off 30% of Workforce Amid Financial Struggles
Seattle, WA – SeekOut, the AI-powered recruiting startup valued at $1.2 billion, has announced a significant reduction in its workforce, cutting 30% of its employees as of last Thursday. This marks the second round of layoffs for the company in less than a year, following a 7% reduction last October. The move is part of […]

Zen Educate Raises $37M for Marketplace That Matches Schools with Teachers
Zen Educate, a digital platform designed to connect schools with qualified teachers, has successfully secured $37 million in a Series B funding round. This significant investment aims to further enhance the company’s ability to streamline the hiring process in the education sector. The funding round was led by leading venture capital firms and includes notable […]
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