Snap has struck a massive deal with Perplexity that will integrate the AI search engine directly into Snapchat. The arrangement involves $400 million in cash and equity flowing to Snap. Perplexity gains exposure to Snapchat’s 940 million users through the platform’s My AI chatbot.
Scientists are struggling with cloud computing costs and availability despite promises of on-demand resources. A recent performance study showed one lab incurred $4,000 in charges while waiting for nodes that were never allocated. The fundamental mismatch between business models and scientific workf
Samsung Electronics has acquired Europe’s largest HVAC company FläktGroup in a strategic move to expand into commercial climate control systems. The acquisition will integrate FläktGroup’s technology with Samsung’s SmartThings Pro and b.IoT platforms. This positions Samsung to compete in the growing
Company leaders are taking a hardline stance with employees, demanding compliance on everything from AI adoption to political alignment. The shift comes as layoffs rise and workers become more cautious about job-hopping. Management experts say this represents a dramatic power shift from just a few y
Ventures Platform has secured $64 million toward its $75 million target for African startups. The Nigerian government’s participation marks its debut VC investment, signaling strong local support for the continent’s tech ecosystem.
Bank of America is spending $13 billion annually on technology, with significant investments in AI tools that scale across all business lines. The bank’s Erica virtual assistant has handled over 3 billion client interactions and reduced IT service calls by 50%. Meanwhile, the broader banking sector
Nintendo just launched a mobile store app for iOS and Android that finally makes browsing games less painful than using the Switch eShop. The app provides detailed gameplay stats across multiple consoles, but still forces you to complete purchases through a web browser. It’s classic Nintendo – brill
Microsoft’s web-based Store now allows users to select and install multiple Windows apps simultaneously. The feature appears to be rolling out quietly without official documentation. It’s currently limited to the web version, with the Windows 11 app expected to follow soon.
Senators Mark Warner and Josh Hawley introduced the AI-Related Job Impacts Clarity Act, requiring companies to report AI-driven workforce changes. The Department of Labor would compile the data into public reports. This comes amid warnings that AI could eliminate millions of jobs.
Writing emotional reviews makes you more likely to recommend products and become a repeat customer, according to new research. The study analyzed over 14,000 reviews across multiple experiments to understand how review writing affects the writer’s loyalty.
