Tech giants as well as many startups have once again been forced to make job cuts in 2023. According to Layoffs.fyi, the total number of tech layoffs so far this year is 168,243, surpassing the total number of layoffs for 2022. While the layoffs are largely attributed to the macroeconomic environment and a need to …
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From a pivotal war that changed the course of history to a strategic annexation that solidified a nation’s dominance, the Russo-Turkish War of 1768-74 and the annexation of Crimea by Prince Grigory Potemkin in 1783 reshaped the global balance of power. With access to the Black Sea via Kerch and Azov, Russia became a dominant …
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OpenAI’s Chat GPT blew up in a blink. For obvious reasons, everyone loves this technology. Its interactive approach mimics human intelligence, but given the terabytes of data it is trained on, GPT can surpass human aspects of motivation, creativity, and oversight. Bloomberg has taken this technology and transformed it for their use. GPT stands for …
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Google’s large investments in Artificial Intelligence is followed by a similar direction taken by its parent company Alphabet. Alphabet, the American conglomerate, has been investing in startups in the tech industry. Its corporate data firm AlphaSense just secured another $100 million, making its way up to a valuation of $1.8 billion. With competitors like Bloomberg …
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What was once purely a work of fiction has now become a reality. The world of AI is advancing at warp speed. From your smartphone to your social media feeds, AI is transforming our world and reshaping the way we live our lives. With AI being integrated into more applications, companies are now looking to …
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In March 2023, Silicon Valley Bank (SVB) collapsed, triggering a panic that led to the US government’s Federal Deposit Insurance Corporation (FDIC) taking control of the bank. This marked the most significant banking collapse in the United States since the 2008 financial crisis. Within a week, Signature Bank, a second US regional bank, was shut …
The cost-of-living crisis in the UK continues to worsen as March’s inflation rate stays in double digits, driven by skyrocketing food prices. The annual headline inflation figure of 10.1% exceeded expectations, with the consumer price index nearly a full percentage point higher than projected in February by the Bank of England’s Monetary Policy Committee. Food …
Samsung recently announced that they plan to cut chip production. They experienced one of the worst quarters, with a 96% dip in their operating profit. While last quarter they were at 14.12 trillion won, in the Jan-Mar quarter, they merely managed 600 billion won. This was their worst quarter in the last 14 years. What …
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As the US struggles with an economic crisis, the US CPI data will soon forecast how interest rates and economic policies might change for the nation in the upcoming months. With prices rising through the roof, inflation must be slowed. To prevent a recession, this data will guide economists on how to handle finances of …
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Who doesn’t like playing video games? We’ve all tried our hand at it. But there’s more to this internet gaming than we realize. While initially there was a stigma that playing video games causes aggression, many experts found this an ill-informed perspective. After all, video games are very variable. They can be educational and therapeutic …
Continue reading “New insights into gaming disorder: Is it really a thing?”
