Tech
Tumblr Loses $30 Million USD Each Year
With all the news surrounding popular platforms like Instagram, Twitter and Threads, Tumblr has now entered the chat but this time with some unfortunate news. The once-popular blog-like platform has been in the red, losing millions every year.Tumblr CEO Matt Mullenweg recently hosted a Q&A which was attended by 800 users, sharing with them the company's current status. The CEO claims that the company loses $30 million USD annually. TechCrunch reported the Q&A session which was also co-hosted by Tumblr's COO Zandy Ring. According to the CEO, Tumblr spends $30 million USD than it is making as it desperately tries to fight against the likes of Instagram and TikTok. COO Ring comments on the platform's user base stating that they do not see much increase, "People have this impression th...
OpenAI and Shutterstock Extend Partnership Six More Years
Shutterstock recently announced a continuance of its partnership with leading artificial intelligence (AI) company OpenAI, which will enable its platforms like DALL-E and more to train off of Shutterstock's enormous data trove of creator content.As part of the new expanded six-year agreement, OpenAI will have access to massive image, video and music libraries, along with the associated metadata. In return, Shutterstock gains priority access to the latest OpenAI technology and will continue integrating DALL·E's generative text-to-image capabilities into its own main offerings.This integration goes beyond manual text-to-image generation and provides Shutterstock users with synthetic editing capabilities. This means users will be able to not only create new content but also edit and transform...
Former Celsius CEO arrested on fraud charges as FTC lines up a $4.7 billion fine
/ Prosecutors claim Celsius CEO Alex Mashinsky made millions by lying to customers about his company’s CEL token. a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Illustration by Alex Castro / The Verge The former CEO of the fallen Celsius crypto lending company, Alex Mashinsky, and the company’s chief revenue officer, Roni Cohen-Pavon, have been arrested on charges of committing securities fraud, according to Bloomberg. On Thursday, the Justice Department unsealed charges against Mashinsky and Cohen-Pavon for inflating the price of Celsius’ crypto token, called CEL, while lying to Celsius custome...
macOS Sonoma lets Chrome use passwords stored in iCloud
/ Apple’s iCloud password manager can now be used in Chrome for Mac and other Chromium-based browsers thanks to an updated iCloud Passwords extension that works in macOS Sonoma. a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Illustration: The Verge If you’re using the new macOS Sonoma beta, you might want to know about a glorious new bridge between ecosystems that lets Mac Chrome users connect with their iCloud passwords. Apple has updated its iCloud Passwords Chrome extension with a new feature that lets you directly pull passwords from iCloud, keeping you from needing to open Safari or migrate...
Elon Musk Announces xAI Startup Designed To “Understand the Universe”
Elon Musk has announced the launch of yet another venture, this time in the artificial intelligence (AI) space under the name "xAI." According to its website, the platform is designed to "understand the true nature of the universe."Interestingly enough, the news comes just four months after Musk signed an open letter, alongside a thousand others, calling for a pause of massive AI experiments due to "profound risks to society and humanity." Just a month after that letter, however, Musk was reported to have purchased thousands of GPU units, which we can now assume were for xAI.The launch of xAI will undoubtedly put Musk in direct competition with OpenAI and it's quite possible this is a personal vendetta against the company he helped co-found in 2015 but left after disagreements in 2018.Now,...
Highlights of Apple iOS 17 Revealed in Public Beta
Apple has released the public beta of iOS 17, giving the average users a chance to try out new features before the official release later this year.While the updated iOS doesn't bring with it any overly significant changes, there are several notable improvements to app functionality and utility. Among probably the most important is the revamp of the Messages app, as it's now set to offer a more advanced search functionality and improved audio message handling.One completely new addition being introduced through iOS 17 is the "StandBy" app, which enables the ability to display full-screen widgets while an iPhone is charging -- potentially replacing traditional alarm clocks as one example shows in the gallery above. The feature is not just limited to a clock though, the choice of what widget...
The best Amazon Prime Day deals under $100
/ This is the sweet spot of deals that aren’t overly spendy but also go a long way. a:hover]:shadow-highlight-franklin dark:[&>a:hover]:shadow-highlight-franklin [&>a]:shadow-underline-black dark:[&>a]:shadow-underline-white”>Tablet and e-reader deals Amazon’s latest Kindle Paperwhite has a 6.8-inch E Ink display with adjustable color temperature for nighttime reading. It also boasts a faster processor, additional battery life, IPX8 waterproofing, and — finally — a USB-C port. Read our review. Amazon’s new entry-level Kindle is essentially the budget-friendly six-inch version of the Kindle Paperwhite. It lacks waterproofing but otherwise is similar, with the same sharp display and USB-C support. Read our review. The second-gen Apple Pencil ditches the awkward Lightning po...
Increasing speed limits can lead to more crashes and deaths, AAA finds
/ The motor club association analyzed a dozen roads and found that lowering speed limits can decrease crash frequency while also doing little to lengthen commute times. a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Photo by Robert Nickelsberg / Getty Images Raising speed limits leads to more frequent car crashes, while lowering them leads to fewer crashes, a new analysis by AAA concludes. It’s the kind of conclusion that seems obvious on the surface but still needs to be highlighted given how many states seem convinced that raising speed limits can save drivers time, when all it really does is ...
The best Apple deals available for Amazon Prime Day 2023
/ Prime Day isn’t just for Amazon devices. Even in its waning hours, it’s still a great time to pick up a new pair of AirPods, an Apple Watch, or an iPad. a]:text-gray-13″>If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Photo by Vjeran Pavic / The Verge Obviously, Amazon Prime Day offers an excellent opportunity to save a lot of money on Amazon’s devices — it’s kind of in the name. Luckily, it’s also a good time to save on gadgets from other popular brands. We’ve included some of the best deal...
FTC is appealing ruling that cleared Microsoft to buy Activision Blizzard
/ Earlier this week, a judge ruled in favor of Microsoft in its fight with the FTC.
This cute retro handheld comes in Capcom and Taito flavors
/ The Super Pocket comes from the same team behind the Evercade, and it launches in October for $59. a:hover]:text-black [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-e9 dark:[&>a:hover]:shadow-underline-gray-63 [&>a]:shadow-underline-gray-13 dark:[&>a]:shadow-underline-gray-63″>The Super Pocket Capcom edition versus the Taito version.
Xbox will now let you clip and report audio to clean up Call of Duty lobbies
/ Clips can be captured in the moment, then submitted later. a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Illustration by Alex Castro / The Verge Xbox is adding reactive voice chat moderation. Rolling out today to Xbox Insiders, the new reporting feature will allow players to capture and submit 60-second audio clips of inappropriate voice chat messages, which will then be reviewed by the Xbox safety team. In an interview with The Verge, Xbox GM of Trust and Safety Kim Kunes said that voice chat moderation represented the next step in Xbox’s holistic approach to ensuring player safety. “If a pl...
