The global app economy demonstrated a remarkable rebound in 2024, particularly reflected in consumer spending figures. According to Appfigures, global spending on mobile applications and games soared to $127 billion, marking a substantial 15.7% increase compared to 2023. This upsurge primarily stemmed from the Apple App Store, whereas Google Play experienced a downturn in user
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Do Kwon, the co-founder of Terraform Labs, finds himself at the center of a whirlwind of legal trouble that has reverberated through the cryptocurrency realm. Following the dramatic collapse of the firm’s two major crypto assets, TerraUSD and Luna, investors faced staggering losses estimated at around $40 billion. The failure of Kwon’s ventures not only
As CES (Consumer Electronics Show) approaches, LG has taken the opportunity to unveil some of its latest innovations in smart home technology. The Korean tech giant is known for setting the stage early, and this year is no different, with a selection of intriguing new products that suggest a strong push toward lifestyle integration. Particularly
The intersection of artificial intelligence and copyright law is becoming one of the most contentious legal arenas today. With the growing capabilities of generative AI technologies, content creation has reached levels unimaginable just a few years ago. However, this unprecedented growth has also triggered a series of lawsuits, primarily focused on the ethical and legal
In an unprecedented move, Netflix has firmly positioned itself within the realm of live sports, particularly with its recent streaming of NFL games on Christmas Day. With Nielsen ratings declaring these events as “the most-streamed NFL games in US history,” it’s clear that the streaming giant has made significant inroads in attracting traditional sports audiences.
OpenAI faced significant service interruptions on Thursday, revealing underlying vulnerabilities in its operational infrastructure. Starting around 11 a.m. PT, services including ChatGPT and Sora were down for an extended period, causing frustration among users who depend on these AI tools. By about 3 p.m. PT, complete functionality had not been restored, evidencing a major disruption
In a notable move within the rental car industry, Hertz has begun reaching out to numerous electric vehicle (EV) renters with enticing offers that allow them to purchase the vehicles they’ve been renting. This strategy appears to target customers who are engaging positively with electric vehicles, providing a pathway to ownership. Recently reported cases detail
Artificial General Intelligence (AGI) remains one of the most controversial and speculated concepts within the technology sector. Different organizations and experts have offered varied definitions, each layered with complex criteria involving not just technological capabilities but also philosophical foundations. Reports indicate that Microsoft and OpenAI have established a distinct internal metric for AGI, primarily focused
In a recent advisory, Microsoft raised the alarm regarding a critical issue affecting users who create customized installation media for Windows 11. The problem, identified in the 24H2 release, pertains specifically to those who configure USB drives or CDs utilizing the October and November security updates. This revelation is especially pertinent for IT professionals and
The advent of artificial intelligence (AI) into various industry segments has brought forth a wave of innovation and experimentation among businesses. However, an intriguing observation arises from conversations with venture capitalists: the integration of AI solutions into existing operations is often sluggish, despite the fervor for AI-enabled startups. A glaring exception to this trend is
On a Thursday that was supposed to be just another routine day in the tech world, OpenAI found itself grappling with a significant service interruption that lasted over four hours. This outage began around 11 a.m. PT, as users of tools like ChatGPT and Sora encountered error messages while trying to access essential services. While
As the dust settles from the holiday festivities, gamers are bustling to seize exciting deals on gaming gear that can enhance their gaming experience. The post-Christmas sales present fantastic opportunities to purchase high-quality equipment at prices that won’t break the bank. Here’s a comprehensive look at some of the best deals available right now, and