Pagaya Technologies, a key player in fintech, has developed a credit evaluation tool using artificial intelligence and data analytics. Despite a net loss, the company saw a 31% increase in Year-on-Year (YoY) revenue in Q1. The company’s success despite financial challenges highlights their adaptability. The new tool offers a more precise credit risk assessment, reducing the risk of credit allocation to high-risk individuals or entities.

In response to growing demand for online transaction processing, another major fintech firm, Shift4 Payments, has seen significant financial growth. They posted a gross revenue of $707.4 million and saw improvements in EBITDA and free cash flow.

Fintech firms transforming traditional banking

The firm’s success, in spite of fluctuations in stock performance, is attributed to their innovative approach.

Mercado Libre, well-known in Latin America as a digital marketplace, plays a significant role in fintech through its division, Mercado Pago. This division offers diverse payment solutions for consumers and businesses, breaking down traditional banking barriers and adding to the region’s digital economy.

As the global economy digitalizes, the fintech sector is becoming increasingly attractive for wealth creation. These innovative companies are reshaping the finance scene, enhancing the efficiency and transparency of digital transactions. They also strive for financial inclusion and combat fraud through advanced financial systems, garnering increased trust in online transactions.

With the use of AI and machine learning, these firms anticipate market trends to guide clients in making informed financial decisions. By leading the way for seamless and efficient processes, they are reshaping the future of banking and finance. The revolution is unlocking new potential for businesses and individuals alike.

Investors are provided with the possibility of higher returns through these fintech firms as they continue to develop innovative solutions. Their contribution to financial services improvements such as digital wallets, payments processing, and peer-to-peer lending presents a promising context for investors. However, potential investors should consider the risks associated with the fintech industry and conduct thorough due diligence before making investment decisions.

The post Fintech firms reshape banking with innovative approaches appeared first on SmallBizTechnology.

Through its app-based platform, Female Invest is offering various interactive learning resources, including workshops, webinars, and investment guides. The goal here is to empower women with financial knowledge and mitigate the impact of the gender wage gap.

So far, the company has enticed a diverse audience of approximately 73,000 paying members across 123 countries with its affordable $13 monthly subscription. The expansive base of subscribers clearly highlights the immense demand for such a service, much to the delight of CEO, Anna-Sophie Hartvigsen.

Looking ahead, the startup plans to obtain an investment license and initiate live trading by next year, thereby adding more value to its educational services. Hartvigsen states that this strategy is in line with their ambition to erase the entry barriers in investment practices.

Based in Copenhagen and London, Female Invest has plans for even bigger things. A successful round of fundraising has paved the way for a potential expansion to the US market by 2025.

Empowering women via investing knowledge

The company, co-founded by Emma Svensson and Sarah McLeod, is eager to tap into the untapped potential for their unique investment education offering in this new market.

Besides, a preliminary test-launch is planned for 2025 to gauge the US market’s response to their diverse services, followed by necessary adaptations if required. Female Invest’s vision is clear – to act as a catalyst for women’s financial independence in the US.

The successful fundraising afforded them with an equity funding round of $10.2 million. Educapital, a significant European ed-tech only fund, and Rubio, an impact investor, led the funding. The crowning glory was an additional $1 million, picked up via a crowdfunding campaign.

As CEO, Hartvigsen accepted that the funding process took longer than expected due to a challenging funding business climate. However, she recognized the upside to this delay as they could partner with investors bringing not just monetary support but also industry expertise for the company’s future growth.

The funds raised will be used to double their existing team of 35 within the next 12 to 18 months to align with the company’s expansion plans. Investments are also planned in upgrading product development activities, enhancing marketing strategies and customer service for both existing and new clients.

The post Female Invest empowers women through investment education appeared first on SmallBizTechnology.

Google invested £2bn in Anthropic in 2023, a company renowned for creating Claude LLM and a unique chatbot. This partnership is now under review by the CMA, looking at its potential to develop into a “relevant merger situation”. The CMA is also inviting public input on the matter.

Troubling concerns over competition in the generative AI industry triggered the CMA’s investigation. They are also scrutinising a deal between Amazon and Anthropic, with the former committing to be a significant cloud computing provider for the latter, in exchange for a £4bn stake.

Simultaneously, the CMA is examining the alliances between OpenAI and Microsoft, which has invested heavily in the commercial divisiotp>

There are increasing concerns over giant tech companies consolidating power.

Assessing UK’s handling of AI partnerships

This fear is fuelled by the fact that outright takeovers are rare, especially in highly competitive sectors such as AI. In the face of these concerns, lawmakers are actively discussing solutions to reduce the influence of tech giants and empower smaller entities for healthy competition. Regulations to prevent potential market abuses are also being considered.

The CMA is determined to maintain a balanced market ecosystem and is reviewing acquisitions, mergers, and any practices that appear to limit competition. To deter monopolistic behaviour, they are also considering imposing stringent regulations, a move which aids small businesses and startups.

The goal is to create an accountable and competitive global tech industry, avoiding situations where a few mammoths dominate the market and stifle innovation and consumer choice. This move signifies a focus on public interest, ensuring benefits for many rather than a select few.

Despite these investigations, Anthropic denies any intention of a merger and continues to assert its independence. Similarly, Google maintains that their partnership does not infringe on Anthropic’s choice of cloud providers and does not demand any exclusive tech privileges.

The post UK regulator scrutinizes Google-Anthropic partnership appeared first on SmallBizTechnology.

In collaboration with the U.S., Esper Bionics has successfully aided over 30 soldiers and 80 veterans, significantly impacting their lives. Notably, the venture has bolstered a new curriculum in a top Ukrainian University, dedicated to prosthetic manufacturing and robotics, essentially cultivating a new generation of specialist in these fields.

Dmytro Ganush, Chief-of-Marketing at Esper Bionics, envisions a future where prosthetics do not only replace lost limbs, but provide enhanced capabilities using AI and machine-learning technology.

Esper Bionics’ strides in prosthetic advancement

This underlines the company’s determination to blur the lines between man and machine, thereby revolutionizing the future of prosthetics.

While their cutting-edge technology is empowering users, the prosthetics do come with certain limitations including mechanical durability and weight concerns under tough military situations. However, Esper Bionics is listening to user feedback, striving for continuous improvements, and focusing on overcoming these challenges.

Recently, Esper Bionics took a forward step to improve their prosthetics by fabricating the fingers of their prosthetic hands from metal. This enhancement is expected to significantly increase its strength and longevity, and contribute towards a better quality of life for users.

Esper Bionics had to pull back its original plans of working across Ukraine, Europe, and the US due to the continued unrest, and has now focused its operations solely within Ukraine. Through their ‘Esper for Ukraine’ initiative, they supply their bionic arms to those greatly affected by the conflicts, showing their commitment towards helping those in dire need despite obstacles thrown their way.

The post Esper Bionics advances in bionic prosthetics development appeared first on SmallBizTechnology.

The funding round success exceeded initial expectations, thanks to a notable variety of investors, including previous backers Andreessen Horowitz and Benchmark as well as parties who chose to remain anonymous. The investees backed not just with their wallets but also by providing industry connections, strategic advice, and offering operational experience. This backing further solidifies confidence in Altana’s mission and future growth prospects.

Utilising artificial intelligence, Altana’s platform offers critical oversight into global value chains, covering every phase from raw material procurement to final product sales.

Altana’s journey to unicorn status

Amid increasing trade restrictions, changing climate policies, and evolving global mandates, the platform provides detailed analysis and insights necessary for businesses to navigate the complex international business landscape effectively.

The start-up’s co-founder and CEO emphasise the need for modern businesses and governments to adapt to emerging complexities such as rising influence competition, climate variation, and the nature of globalisation. He strongly advocates for Altana’s platform, which is built to manage robust global value chains, as a tool for businesses to navigate through these transformations.

Since being established in 2018, Altana has raised a total of $322 million, including $100 million from a Series B funding round led by Activate Capital Partners in 2022. These figures prove Altana’s capability in securing funding and confidence from established investors who see the potential in its innovative solutions.

A recent contribution of $80 million by the US Innovative Technology Fund to a Santa Clara-based company highlights its ongoing support of firms showing immense technological innovation potential. This fund significantly contributes to the ongoing advancement and growth of the technology sector in the US.

Tanvir Bhangoo, VP Technology at TBSCG, regards Altana’s success as a testament to the increasing necessity and potential of technological innovation in supply chain management. Bhangoo acknowledges Altana’s significant impact in advancing the sector and believes that innovative technology is rapidly becoming a crucial element in the evolution of supply chain management.

The post Altana secures unicorn status with $200M funding appeared first on SmallBizTechnology.

Notorious for leveraging advanced technologies like artificial intelligence, virtual reality, and data analytics, these startups are altering the sports industry. Sports is witnessing a new era of increased interaction, inclusivity and thrill, thanks to these innovations. Furthermore, having many of these startups led by female entrepreneurs is indeed a breakthrough in diversifying the sports technology space.

Tremendous growth has been reported in sports-related startups, including new professional leagues, media outlets, and gaming firms, particularly due to the incorporation of technology in sports. Record-breaking deals were observed in 2023, where sports tech investments reached a whopping $37 billion. Such investments stretch beyond national boundaries, fostering global interaction and cross-cultural understanding through sports diplomacy.

Intriguing advancements in technology have greatly transformed the sports sector.

Promising sports startups reshaping 2024 landscape

Ranging from analytical tools that measure player performances to immersive virtual reality experiences, these upgrades have significantly improved fan engagement and athlete performance. While challenges such as changing consumer behavior and international compliance issues continue to loom over the sector, the future seems promising, nonetheless.

The sector has stirred much excitement with companies like Arris Composites, a startup known for making lightweight carbon-fiber panels for athletic gear. Backed by angel investors, the company has successfully brought ground-breaking technology to the sports industry, improving athlete performance and comfort.

Not limited to the sports industry, Arris Composites plans to revolutionize the transportation and aerospace sectors as well with its innovative materials. The company also envisions expanding its reach into the electronic and robotic sectors. No doubt, sports startups like these are playing a transformative role in various industries and hold incredible potential for future advancements.

The fruition of their initiatives could greatly reshape the sporting landscape. With that in mind, industry experts suggest keeping a keen eye on the journey of these startups as they continue to push the boundaries of innovation in sports technology.

The post Sport startups to significantly impact 2024 sector appeared first on SmallBizTechnology.

The Ocean SUV was introduced in 2023, initially met with enthusiasm. However, customer complaints about brake malfunctions, power shutdowns, and faulty doors tarnished the vehicle’s reputation. Fisker tried to salvage the situation by enforcing stringent quality control measures and providing free repairs, but faith in the company’s capabilities was already dwindling, which led to further drop in sales.

Yet, Fisker remained resilient. Post-bankruptcy, the company continued to innovate and improve their models, learning from the Ocean SUV’s missteps. This commitment to improvement gives Fisker a chance at resurgence in the automotive industry. The company’s missteps, however, serve as a stern reminder of the cost of neglecting quality checks.

Fisker faced more tribulations while missing its Q2 2023 production goal, producing lesser Ocean SUVs as expected.

Fisker’s downfall: a lesson in EV quality

Subsequently, Fisker raise a sum of $296.7 million through the sale of convertible notes to fund business operations and future product development. Moreover, it laid out a clear roadmap for recovery and growth, focusing on improving manufacturing processes and enhancing supply chain management.

However, despite reducing production forecasts and freeing up working capital, Fisker was unable to meet their daily sales objectives. The Ocean SUV only made daily sales amounting to a quarter of their goal. This significant shortfall further exacerbated the company’s financial troubles.

Added complications arose when national safety regulators began investigating Fisker due to complaints about the Ocean SUV’s brake loss, gear shifter failures and driver door issues. One incident involved the SUV unexpected motion, leading to casualty. These issues led to a decrease in manpower, reducing the company’s workforce by 15%.

With only $121 million remaining in reserves, production came to a halt and no additional investments were made. The future of Fisker in the competitive EV industry is unclear following these unfortunate events. Even with these challenges, the EV industry can learn and grow from Fisker’s missteps.

The post Fisker’s bankruptcy heralds rethink on EV quality control appeared first on SmallBizTechnology.

Turkey’s market leader in fintech, Tam Finans, has a strong standing in 26 cities with 39 outlets, and holds approximately 40% of the national market share. This vast network provides valuable support for micro-businesses and small to medium-sized enterprises (SMEs), paving the way for their growth and development.

The co-owners of Tam Finans, Actera, and the European Bank for Reconstruction and Development (EBRD), will retain their shares in MNT-Halan following the merger. The details pertaining to major shareholding patterns will be disclosed in due course.

MNT-Halan’s worth has been catapulted beyond the previous $1 billion mark, a figure achieved 19 months ago during a significant funding round.

MNT-Halan’s strategic acquisition of Turkish rival

It has now secured an even greater amount, thus strengthening the company’s financial position.

The Turkish market is seen as ripe with potential, with about 30% of the population still without access to banking services. MNT-Halan plans to leverage its successful track record in Egypt’s microfinance market to meet this need. It aims to extend financial services to Turkey’s underbanked population through a range of offerings including peer-to-peer lending, mobile wallets and bill payment options.

Finally, MNT-Halan’s expansion strategy includes a further foray into the factoring market, then focusing on breaking through in Q4 2024. By utilizing Tam Finans’ resources, the company plans to augment their existing loan provisions for small and micro-businesses. This aligns with MNT-Halan’s existing range of diverse services that includes consumer financing, prepaid cards, and electronic wallets.

The post Egyptian start-up MNT-Halan acquires Turkish fintech rival appeared first on SmallBizTechnology.

This increased scrutiny is prompting fintech startups to reevaluate their business models and establish tighter risk management strategies. They are also under pressure to ensure the portability of funds. Simultaneously, customers are being urged to exercise careful judgment before entrusting their savings to these platforms.

The reliance on middlemen in digital banking has shaken customer trust, especially those who formerly depended on banking insurance for the protection of their savings. This disillusionment could potentially destabilize the global financial system, necessitating stricter regulations and robust safety measures.

Digital lenders like Juno, Yieldstreet, and Yotta are among those facing challenges due to the failings of a less-known middleman.

Safety concerns scrutinizing fintech startups

This upheaval has caused ripples through the financial sector and served as a warning to digital banking stakeholders. The ramifications disrupted online banking operations, leading to further complexities and volatility in the industry.

Despite lower fees and higher interest rates compared to traditional banks, these startups also offer user-friendly platforms, leading to their popularity among tech-savvy customers. They cater to the demand for efficient, seamless transactions and digital banking services, which conventional banks often lack. However, with the benefits come potential risks, as these firms lack the assurance of physical in-person service in times of crisis.

Contrary to traditional banks, these digital lenders accumulate funds through middleman fintech firms before directing them to lesser-known banks. Despite this innovative approach, recent setbacks have incited concerns about depositing funds in platforms that lack comprehensive safety measures.

With the emergence of innovative financial solutions providing unprecedented convenience and accessibility, it is crucial for users to be well-informed and discerning about the safety standards upheld by these platforms. Amid this digital financial wave, consumers are urged to prioritize safety (“Safety First”) in managing their financial affairs.

The post Fintech startups face scrutiny amid safety concerns appeared first on SmallBizTechnology.

Clio offers cloud-based legal technology solutions, intending to streamline essential aspects of running a law firm, such as client management, document organization, and transactions handling. Ultimately, its innovative services aim to simplify and accelerate the legal process for their clients.

Currently serving over 150,000 legal professionals, Clio’s growth has expanded its reach thriving mainly in medium-sized law firms throughout Asia-Pacific, thus solidifying its market share.

Despite its vast achievements, the company continues improving its service delivery, consistently incorporating innovation, aiming to satisfy its vast clientele needs. Moreover, it showcases Clio’s ability to adapt and evolve, meeting the sector’s changing dynamics and sophisticated expectations.

The recent fundraising led by New Enterprise Associations (NEA) resulted in $500 million.

Clio’s surge to top-tier legal tech

Other participants were Goldman Sachs Asset Management, CapitalG, and Tidemark. This funding will provide secondary financing, allowing Clio to strategically venture into potential acquisitions and partnerships while also settling outstanding debts and recruiting new talents—emphasizing their commitment in future investments and growth.

Clio’s growth has been boosted significantly by the increasing dependence on cloud technologies and AI during the COVID-19 era. The firm’s smart implementation of AI has substantially increased productivity within law firms.

Recently, Clio expanded further by launching a payments platform, which manages billions in legal transactions yearly, effectively cementing its position in the broader fintech space. Its introduction of a payments platform has optimized operations for many law firms, simplifying billing, and enhancing efficiency.

The prospect of an AI assistant named “Clio Duo” is anticipated to revolutionize working dynamics within law firms. Its ability to automate routine tasks, along with Clio’s commitment to driving progress, will significantly optimize workflow, allowing more focus on clients and complex responsibilities.

The post Clio reaches $3 billion valuation in tech law sector appeared first on SmallBizTechnology.

Despite not disclosing the details of the acquisition, Stripe’s CEO Patrick Collison and Chief Product Officer Will Gaybrick have manifested their enthusiasm over the deal and expressed their plans to scale merchant of record sales and enhance the company’s service range. The startup’s unique technology is also expected to be integrated into Stripe’s product portfolio, demonstrating potential for synergy.

The acquired startup, while small with 13 employees, has garnered significant attention with numerous acquisition offers and term-sheets received from investors post their public introduction. The startup’s co-founder has emphasised that partnership with the right entity, like Stripe, is crucial for their product’s success and growth.

The startup has made a strong presence and achieved significant early success, with over a million dollars in yearly recurring revenue, just nine months after being publicly introduced.

Stripe’s strategic startup acquisition for tax enhancement

Their CEO, however, chose to keep their current revenue metrics undisclosed, adding an element of intrigue in the market.

This acquisition isn’t Stripe’s first expansion this year. Earlier, the company has made significant purchases including Supaglue, a user-oriented integrations platform, and Okay, a firm specialising in user-friendly analytics software. These acquisitions shed light on Stripe’s commitment to extending its payment processing services and improving its role as a merchant of record.

In addition to acquisitions, Stripe is also seeking partnerships with likeminded businesses that align with its vision of providing seamless, digitized payment services. This strategy aims to transform business transactions, enhance operational efficiency, and provide better customer experience through innovative technology solutions, ultimately contributing to the evolution of global digital payment industry.

The post Stripe acquires startup for enhanced tax computation appeared first on SmallBizTechnology.

Focused on cognitive, physical, and social development, Lovevery designs its developmental playkits based on rigorous research. Notably, its commitment to sustainability is mirrored by eco-friendly packaging efforts and initiatives that reduce the company’s carbon footprint.

Motivated by the lack of understanding about the effects of baby toy’s lights and sounds on early neural development, Rolph initiated Lovevery in 2010. The Boise, Idaho-based company launched officially in 2015 and remarkably generated $226 million in revenue last year.

Every Lovevery toy is personally designed to stimulate specific developmental milestones, inspired primarily by homemade toys Rolph created for her own child. The sustainability commitment is evident, substituting plastic toys with wooden ones, and using organic cotton.

Organized by age, Lovevery’s toy collections or “Play kits” let parents easily select toys that correlate with their child’s developmental stage.

Lovevery’s sustainable approach to early education

Engaging in play and education, the kits assist in the learning process via fun, interactive toys that also stimulate mental development.

Before Lovevery, Rolph co-founded Happy Family, an organic baby food company, in 2005. Teaming up with Roderick Morris, they launched a $140 developmental play gym as Lovevery’s first product in 2017 which, despite its high price tag, gained rapid popularity.

In 2018, Lovevery introduced bi-monthly play kits for infants up to 12 months. Now catering to children up to five, these kits priced at $40 per month, are curated to encourage a strong bond between child and family, while nurturing intellectual growth, setting them apart in a crowded market.

The subscription model has been immensely successful with over 350,000 subscribers in 34 countries, generating 86% of Lovevery’s revenue. The company plans to continue refining its products based on subscriber feedback, and aims to extend its global reach, maintaining its focus on positively impacting early childhood development through playtime.

The post Lovevery shapes early education with handcrafted toys appeared first on SmallBizTechnology.

The intended partnership is still under heavy investigation and the reasons for the sudden postponement are not yet clear, stirring potential disputes in the negotiation procedure.

Despite this hiccup, the company remains hopeful about the partnership potential with Wiz, owing to the startup’s impressive track record in cybersecurity software.

However, this event has sparked uncertainty among shareholders, who eagerly anticipate a positive conclusion to this deal, leading to a substantial bolster of the company’s valuation.

This event is just another in a recent series of giant tech deals being halted or facing additional examination, reflecting the expanding complexity of the tech industry’s landscape.

Moving forward, the company states that it will continue to explore the potential deal with Wiz but with measured caution due to its high-profile nature and the potential impact on company growth.

A partnership with a cybersecurity giant like Wiz plays a crucial role in enhancing the company’s digital security measures and global competitiveness.

As the ongoing talks are held behind closed doors, this major event is closely monitored by industry experts and spectators, with success potentially heralding a new era in the tech and cybersecurity world.

Wiz’s CEO, Assaf Rappaport, has announced that the company is shifting its focus towards an initial public offering (IPO) and is looking at expanding the business with a revenue target of $1 billion annually.

Rappaport’s vision for Wiz involves bold growth strategies to hit this ambitious milestone.

Stalled negotiations with cybersecurity startup Wiz

Some of these strategies include launching an IPO, which would introduce shares of the company to public investors for the first time.

Such an IPO aims to attract significant capital to reinvest into the business and establish Wiz as a publicly-traded entity, while also expanding business operations to increase its earnings. The goal: reach a whopping $1 billion in annual revenue.

This monumental figure would not only validate the firm’s tactics and business model, but also position Wiz solidly as a major cybersecurity force.

To achieve this, Rappaport emphasized that the company needs to focus on innovation and providing top-notch cybersecurity solutions for its customers, while continuing to broaden its market reach.

The potential $23 billion deal between the tech company and the Israeli startup, Wiz, is headlining across the globe, pushing the boundaries of technology and reshaping the cybersecurity landscape.

The post $23 billion Wiz partnership negotiations stalled appeared first on SmallBizTechnology.

With the ongoing challenge of lengthy charging times, this move is deemed crucial as more consumers transition from gasoline-powered cars to their electric counterparts. Developments in fast-charging technology are now shrinking this gap significantly. Moreover, integration of charging infrastructure into everyday locations like shopping malls, offices, and public parking lots are further increasing the convenience for EV owners.

Kyle Conner, a known EV aficionado, tested the 2025 Rivian R1S and remarked a significant reduction in charging time following a software update. This update not only increased the speed of charging, but also offered an array of improved fleet features, effectuating a better driving experience. These improvements should make the 2025 Rivian R1S more appealing to potential buyers who prioritize power and performance in an EV.

The LFP battery, however, has some drawbacks, including lower energy density, reduced range, and slower charging time in colder climates.

Rivian’s EV upgrades: Quicker charging, enhanced battery

Despite these, the benefits like high durability, elevated operation voltage, and cost reduction through efficient manufacturing and material elimination processes make this battery highly popular among health and data startups.

Pre-software update, the Rivian R1S took 75 minutes to fully charge with the Alpitronic Hypercharger 400; post-update, it now takes just under an hour. This makes the base R1S the fastest charging option on the market. Besides, the software enhancements also underline the role of software in improving EV performance.

Testing revealed that the R1S, on a full charge, achieved a max charging rate of 218 kilowatts, covering approximately 90 miles in less than 15 minutes. Despite not meeting Rivian’s prescribed 270-mile range, the model still performs promisingly under actual driving conditions. Considering Rivian’s continuous refinement of battery technology, more enhancements in power efficiency and charging speeds are expected in the future. With an expanding charging infrastructure, long commutes and road trips should become much convenient with Rivian’s EVs, making the transition to electric vehicles significantly easier.

The post Rivian enhances EV fleet with faster charging, improved battery life appeared first on SmallBizTechnology.

The tech leaders emphasized that despite demands for data from various entities, Apple insists on maintaining their user’s privacy, disclosing information only under legal circumstances. They also detailed how Apple’s privacy protocols evolve along with technological advancements, continually updating to provide robust and resilient privacy policies.

During the discussion, the spotlight shone on iOS 18, Apple’s latest operational software, and its various upgrades. Topics include ChatGPT integration, improved password management, device accessory pairings and enhancements within Maps for better security.

Significant attention was given to the improvements in Siri, Apple’s AI-driven assistant.

Apple’s privacy practices and tech updates explained

Notable developments such as vigorous speech recognition, awareness of user’s routines, increased response speed and other key upgrades were discussed in detail.

While a segment of the audience criticized the discussion as a potential distraction from Apple’s alleged privacy infringements related to AI and data collection, others commended the event for its transparency regarding Apple’s data collection and usage practices. They appreciated user’s ability to choose whether they want to participate in certain data collection practices via their security settings.

Skinner and Parakilas also discussed future updates including Apple News+, iPhone 15 features and changes for European Union users along with other app enhancements. They further explained Apple’s upcoming initiatives related to user privacy, Siri enhancements and the Apple Watch lineup.

Furthermore, upcoming technological advances such as augmented reality, AI and machine learning integrations were discussed. The management also highlighted Apple’s commitment to environmental sustainability and efforts to make products more energy-efficient.

Overall, the discussion effectively spotlighted Apple’s continuous efforts to enhance user privacy, improve device features, and transparent data handling practices. It offered a glimpse into Apple’s meticulous approach towards updating their operating system, services, and applications, while emphasizing user consent and the importance of a secure, seamless ecosystem.

The post Apple reassures users on privacy compliance and tech enhancements appeared first on SmallBizTechnology.

Apps like iTorrent and qBitControl have made significant impact in the digital landscape, evidenced by their feature on TechRadar, a leading tech information source. With three out of four newly released apps unavailable on Apple’s official iOS App Store, the spotlight is on Riley Testut, AltStore PAL’s co-creator, for his divergence in design paths and emphasis on alternate platforms.

This shift in app development, some suggest, could be a response to Apple’s stringent regulations and creative constraints. While the decentralization trend might pose a challenge to Apple’s dominance, it could also pave the way for further innovation and increased choice for users.

Among the new apps is UTM SE, which enables the emulation of different operating systems like Windows, Linux, and MacOS on iOS devices, setting new standards in device functionality and versatility.

EU’s support for iOS diversity via AltStore PAL

The innovative application broadens the scope for iOS device operations, granting users greater adaptability and convenience.

Apple’s strict policy against torrenting apps has sparked debates on principles of free markets and fairness. However, overall, the move sets a precedent for other digital platform providers to reflect upon their own policies. Critics argue, this could potentially upset the market equilibrium, thereby prompting other providers to either adopt Apple’s stance or take a more liberal approach.

Recent changes in EU policy have initiated a period of greater app installation freedom for iOS users, offering more choice but simultaneously exposing them to potential security risks. As users now have the ability to install apps beyond Apple’s App Store, it remains to be seen how effectively Apple’s security measures can adapt and respond to the heightened risk landscape.

The post EU fosters iOS diversity with AltStore PAL appeared first on SmallBizTechnology.

However, one downside is that users can no longer install apps not available on Google Play Store. Notably, Samsung has yet to roll out an exception process allowing trusted third-party app installations.

This feature, initially rolled out with the Android 14 update, is aimed at combating malware and USB hijacking threats and has been generally well-received by the Android user community.

Samsung’s Auto Blocker strengthens app safety

The One UI 6.1.1 software update further heightened Auto Blocker’s effectiveness in all Galaxy devices running this version, specifically, the latest Galaxy Z Fold 6 and Flip 6 models, where the sideloading restriction is activated by default.

The enhanced Auto Blocker scans and identifies sideloaded apps, ultimately halting their installation unless permitted by the user. However, it includes a thorough warning detailing potential risks involved. The robust design of this feature and its approach towards user safety has earned applauds from the user community.

Although it activates automatically during device setup, the Auto Blocker does provide an option for users to disable it then and permits them to toggle it back on through the settings – offering a more user-friendly experience by allowing users to customize blocking parameters per their requirement and preference.

Should the user decide to avoid the Auto Blocker to sideload an app, an error message will appear but the feature can be easily deactivated through the device settings to allow the sideloading operation.

This latest upgrade is a nod towards Samsung’s dedication to promoting safe smartphone usage. Despite its current availability for Samsung Foldable devices and Galaxy S models, it is not yet supported by older software versions.

The post Samsung introduces Auto Blocker for enhanced app security appeared first on SmallBizTechnology.

Though only available to developer beta testers at the moment, the beta 4 version could be open to public beta testers as early as next week. Created with substantial feedback, this advanced version aims to correct bugs quickly and boost overall performance in preparation for a full-scale release.

It’s worth noting, however, that beta versions may be unstable. As such, some functions from the iOS 18 beta 3 may not operate as expected in the iOS 18 beta 4. Users are therefore advised to exercise caution. Due to unrevealed issues, the beta 4 could disrupt your device operation, and the stable iOS 18 version may offer vast improvements compared to these preliminary versions.

Highlights of the iOS 18 Beta 4 include new wallpapers in CarPlay, a redesigned flashlight UI now available on iPhone 15 and 15 Plus, and several other features. New icons have made their way into the contacts app, and changes in the notification summary interface provide a cleaner view.

Major updates and concealed features in iOS 18 beta 4

Other additions include an innovative custom email flag setup technique, expansion of the Visual Lookup feature, and improved AirPods settings.

Besides UI modifications, the Beta 4 allows light mode widgets to exist alongside dark mode and introduces expanded carrier options for RCS. It also makes significant tweaks to its operating system, resulting in an enhanced user experience. In addition, it brings refinements to features like the Mail settings’ message filtration option and bolsters support for HomeKit-enabled routers along with Siri requests in private settings.

The iOS 18 beta 4 remains under review, and as more changes are discovered, updates will continue. This ongoing revision paves the way for the most current and accurate information to be readily available to users. Feedback thus collected significantly influences the final release of this operating system.

The post iOS 18 beta 4 unveils major amendments, keeps mystery features appeared first on SmallBizTechnology.

Wood’s actions back up her predictions. Ark’s portfolio now includes investments in AI firms like OpenAI, xAI, and Anthropic and major tech corporations like Palantir Technologies. Investments have also been made in innovative sectors like 3D printing with Proto Labs, and the healthcare sector with firms like Crispr Therapeutics and Intellia Therapeutics. Major bets were placed in the electric vehicles sector, especially in Tesla, along with digital payments players like Square and Paypal.

Palo Alto Networks and Datadog are cited as significant future players in the AI industry. Datadog, a crucial player in the AI sector, focuses on continuous digital infrastructure monitoring, reducing downtimes by helping businesses detect technical issues, and managing computation workloads efficiently.

A new innovative tool introduced by Datadog offers real-time alerts for potential technical malfunctions and assists in troubleshooting, enhancing operational efficiency.

AI industry’s impending shift to software

This allows clients to focus more on strategic elements of their business. Datadog also helps developers monitor usage and manage expenses through predefined models from OpenAI, adding fiscal responsibility to projects.

Datadog has set ambitious financial targets, aiming to generate $2.6 billion by 2024, with AI clients expected to contribute $130 million. The firm visionaries foresee more companies adopting AI, expanding AI clientele, and boosting financial results over the next five years. The business strategy depends heavily on AI’s expansion in the private sector. This expansion would serve as a pillar of Datadog’s roadmap for future growth and sustainability.

Datadog sees potential in serverless computing and blockchain, technologies that can reshape business landscapes. By taking these strategic steps, Datadog positions itself to capitalize on the future boom in AI and related technologies, laying the foundation for significant financial growth.

The post Cathie Wood foresees AI shift to software stocks appeared first on SmallBizTechnology.

While neither party has commented, industry insiders speculate on its impact on content creators and the media. As regulations adapt to technology, content creators and AI firms could head towards increased friction. Some suggest revising content usage policies to mitigate legal disputes.

Perplexity, a $3 billion enterprise backed by the Jeff Bezos family fund and NVIDIA, has been castigated for alleged copyright violations and unauthorized use of content in its AI responses. Despite these allegations, Perplexity’s substantial investment base allows it to continue functioning and address the disputes.

Reports reveal that Perplexity’s crawlers were overlooking robots.txt files that restrict bot access to content. This led to an Amazon Web Services investigation into whether Perplexity breached web scraping rules.

Accusations of plagiarism against Perplexity

If proven accurate, Perplexity could face significant non-compliance penalties.

In response, Perplexity executives suggested a publisher revenue-sharing plan, the specifics of which remain unknown. They signaled their eagerness to collaborate, yet the exact distribution of profits is still under discussion. The proposal’s effectiveness remains undetermined amidst allegations.

The media firm’s CEO called on Congress for swift regulation. They urged AI companies like Perplexity to compensate publishers, citing the financial risks that an absence of regulation poses for many media outlets. They argued that such practices would sustain struggling media companies and set a favorable precedent for the industry.

Recently, three senators introduced The COPIED Act, aimed at protecting journalists, artists, and songwriters from potential AI misuse. Its objective is to uphold original content creators’ rights against potential exploitation by AI firms. Pending Senate approval, the law is seen as essential in preserving copyright laws in the digital age.

The post AI firm Perplexity accused of plagiarism appeared first on SmallBizTechnology.

Zhu’s goal with Aviato is disruptive and ambitious. He aims to reshape the way private market data collection and analysis are carried out. A teen entrepreneur with pedigree, Zhu’s latest achievement is a bold statement to his tenacity and trailblazing mindset. He intends this investment to vault Aviato amidst the teeming arena of analytics platforms.

Competing against industry heavyweights like Crunchbase and PitchBook, Aviato thrives by providing pivotal data including funding rounds, employee credentials, company credit card earnings, and more.

Teen’s analytics startup secures $2.3M funding

What sets it apart is its focus on companies of all scales and its ability to generate insightful reports dynamically, helping clients spot growth opportunities and trends.

Zhu sparked an interest in startups during the Covid-19 pandemic, extracting knowledge from industry veterans in Discord group chats. His successful startup “Elevate”, a venture intended to bolster startups with guidance and resources, was well-received especially among young entrepreneurs.

Aviato’s origin traced back to Zhu’s stint with Bachmanity Capital, a support platform for early-stage companies. He discovered a promising potential in the data startup market and launched Aviato to exploit this untapped opportunity, ushering in a new era in data technology startups.

Despite encountering initial rejections from potential clients, Zhu’s unwavering grit prompted him to persevere. Major investors like SoftBank, Soma Capital, and 8VC, previously skeptical, now extend their support due to Zhu’s resolute determination and innovation.

Zhu continues to bolster Aviato’s growth, recently recruiting David Razavi, ex-CTO of LowerMyBills, and Harrison Kessel, a former employee at the Sequoia-backed company Zeet. Juggling between completing high school online and managing his business from San Francisco, optimistic Zhu is at the helm, steering Aviato toward success.

The post Teen entrepreneur secures funding for analytics startup appeared first on SmallBizTechnology.

“Kunitsu-Gami: Path of the Goddess” earned a score of 9 out of 10 from video game analyst Lauren Bergin and garnered positive ratings on platforms such as Metacritic and Steam. Gamers lauded it for its immersive graphics, captivating storyline, and innovative game features. However, gameplay statistics reflect a low active player ratio, with only a peak of 2,038 players, signifying a discrepancy between critical acclaim and player popularity.

The game uniquely combines hack-and-slash action with strategic tower defense elements influenced by Japanese mythology. The player takes control of a goddess tasked with warding off hordes of invading monsters, using the character’s abilities to erect defensive towers, organize formations, and engage directly in combat.

Kunitsu-Gami: Acclaim versus player numbers

The dynamic gameplay is accentuated by a compelling narrative deeply ingrained in Japanese folklore, bringing about a rich cultural dimension that adds depth to the game.

Surprisingly, in spite of being imbued with unique features, including an in-game crossover with Okami, the game is suffering from low recognition. Its amalgamation of traditional gameplay and engaging narrative definitely sets it apart, hinting that “Kunitsu-Gami: Path of the Goddess” might be underrated in the crowded RPG arena.

An expectation persists that the game could expand its player base, particularly through word-of-mouth. The developers continue to update the game regularly, integrating community feedback into improvements and new features. A free demo is available for those interested in trying out the game before making a purchase.

The game is also appreciated by Ashley, a freelance journalist with keen interest in queer representation and gender identity in video games. Ashley’s work in inclusivity, both in gaming and literature, underscores her dedication to fostering diverse and inclusive spaces in both domains. Her review of the game adds another layer of endorsement for “Kunitsu-Gami: Path of the Goddess”.

The post Kunitsu-Gami: high acclaim, low player count appeared first on SmallBizTechnology.

Notable features in the recent update include voice typing with automatic punctuation and dynamic lighting. This automatic punctuation feature streamlines voice-to-text processes while the dynamic lighting feature allows users to control their device’s RGB lighting without third-party applications. These features are aimed at increasing user-friendliness and accessibility.

Microsoft has also integrated Android apps into Windows 11, upgrading functionality and versatility for the users. This move strengthens the user experience by improving compatibility and performance. For gamers, the Windows 11 update promises superior features like Auto HDR and DirectStorage, reducing load times, and enhancing graphics.

Furthermore, the new version of the operating system now includes an inbuilt live Pomodoro timer, designed to help users manage their time better.

Enhancing productivity with Windows 11 updates

Microsoft Teams is integrated directly into the taskbar, improving connectivity with colleagues or friends. The inclusion of Snap Layouts and Snap Group features also simplifies the management of multiple windows and applications.

In addition to these, the classic context menu is still available despite a design overhaul. Users continue to have access to a detailed variety of options through a keyboard and mouse action. Also, the Snipping Tool now allows users to personalize screenshots without needing additional apps.

As far as search functionalities are concerned, the improved feature provides deeper search functions across the system. The Start Menu has also been revamped for a more user-friendly experience. Windows 11 also innovates in audio with the Spatial sound feature, offering users a 3D sound experience. Finally, advanced trackpad gestures have been added, increasing functionality and accessibility for laptop users.

In conclusion, Microsoft’s latest Windows 11 updates are an indication of the company’s commitment to employ cutting-edge technology to increase user satisfaction, productivity, and efficiency.

The post Windows 11 updates boost productivity and user experience appeared first on SmallBizTechnology.

Announced on July 20, 2024, this useful element of the Software Update Beta Updates, which was met with user anticipation, is dedicated to refining performance. With successful testing, Apple plans a Public Beta rollout, signifying the brand’s quest for delivering top-notch software enhancements to its global users.

Besides open app access, iOS 18 hosts other additions, including reinforced privacy settings and customizable options—further emphasizing Apple’s focus on security and personalization. The update comes loaded with enhanced performance and battery efficiency, while an overhauled design language and upgraded voice control boost user experience.

The tech community has mixed reactions to the update. While some embrace the added convenience, others worry about potential security and privacy risks.

Unlock-free app usage in iOS 18

As companies strive to balance technology advancement with user rights, Apple remains dedicated to user experience improvement, pledging more security measures and transparency to tackle any potential risks.

Despite not addressing the vulnerability issue formally, Apple ensures it takes the concern seriously. The security team is investigating and reviewing the allegations while users are advised to keep their devices updated, download apps only from reliable sources—such as the App Store—and avoid clicking links from unknown sources.

iOS 18 symbolizes Apple’s innovation commitment and leadership in mobile technology. It introduces various enhancements, features, and security improvements, including the highly-praised privacy options that give users control over their data sharing with apps. The update, therefore, confirms Apple’s reputation for placing user privacy at the forefront.

Besides performance enhancements, iOS 18 presents a fresh design, better camera, and photo features, including a superior night mode and extensive editing options. Major changes to FaceTime ensure interactive features such as SharePlay that allows users to share screens or enjoy movies and music together during calls. Siri’s capabilities have also been expanded with more accurate voice recognition and command range.

In conclusion, iOS 18 doesn’t just symbolize an update; it represents Apple’s continued efforts to revolutionize the tech landscape while prioritizing user satisfaction and security.

The post Apple’s iOS 18 update enables app access without unlocking appeared first on SmallBizTechnology.

Players are called upon to engage their knowledge, intuition, and deductive reasoning. Initial perception might hint at its complex structure, however, the intrigue it generates once the player starts exploring is noteworthy. Users have affirmed the time-consumptive game is a mentally satisfying and addictive exercise.

Furthermore, Strands can potentially enhance mental health. Research indicates cognitive exercises like these can enhance mental sharpness, potentially delaying conditions like dementia. Indeed, The New York Times has revolutionized word-search puzzles with strands.

For those needing a nudge or short on time, the game provides helpful tips, allowing players to navigate the puzzle at their leisure. These suggestions ease game-related anxieties and empower players to tackle the complexities in their unique manner. Each tip unveils new strategies, boosting players’ confidence.

The day’s theme is ‘S-words’, specifically swords, adding an intriguing dimension to gameplay.

Strands: engaging mind with thematic puzzles

Players will familiarize themselves with diverse sword terminologies, combining educational elements with the thrill of sword conflicts.

A frequent question among players is the layout of the Strand spangram. It follows a horizontally oriented spangram pattern, affecting players’ strategies and enhancing the gaming experience. Mastering this pattern might unlock rewards and achievements, adding a thrilling aspect. Patience and keen observation remain vital in navigating the Strand spangram.

The writer provides hints of all, beginners to veterans, optimizing the puzzle-solving process. Each individual puzzle, complex in design, caters to both rookies and experienced gamers. The guidance helps refine problem-solving skills, promoting an enriching gaming experience.

Players are reminded to anticipate future hints, play at their preferred pace, and most importantly, enjoy solving the puzzle. In-game clues can develop problem-solving strategies and aid in comfortably navigating the game. Above all, players are encouraged to take pleasure in resolving the game’s enigmas.

The post Strands: a unique, mind-engaging word puzzle appeared first on SmallBizTechnology.

The persistent theft is fueling fear and distrust among staff and customers and causing a remarkable $3000 loss per month. Despite maintaining CCTV surveillance and employing security personnel, thieves manage to slip away unnoticed, resulting in a continuous loss in the store’s gross earnings.

The store’s location exposes it to considerable footfall, offering abundant opportunities for potential shoplifters. Sciacco’s management is earnestly seeking a solution, considering advanced security systems, stricter policies, and regular staff training.

Threatened by the ongoing financial pressures, Sciacco hesitates but contemplates shutting down his business. The potential decision not only puts his entrepreneurial dream at stake but also jeopardizes the livelihood of his staff.

The store has seen a spike in thefts since nearby immigrant shelters were established two years ago.

Combatting persistent thefts in Queens shop

To deal with the problem, the management increased security measures, conducted staff training, and launched community outreach programs. However, shoplifting incidents remained disturbingly high.

Sciacco’s shop hence upgraded its surveillance equipment and employed security personnel in shifts throughout the day. These measures led to the apprehension of several suspects and a decline in the theft numbers.

Sciacco criticized the local law enforcement’s lack of support and encourages community cooperation to handle these issues. He deeply trusts that with vigilance and unity, the local community can discourage petty thefts and protect small businesses from economic crises.

Sciacco is reassessing his retail strategy to curb theft incidents, proposing selling single items instead of bulk packs and creating a “Wall of Shame” with pictures of alleged thieves. He hopes these changes will discourage theft and restore his business’s stability.

The post Queens shop owner battles persistent petty thefts appeared first on SmallBizTechnology.

The 11-foot-tall fossil is now the world’s most costly dinosaur skeleton. It was auctioned off by Christie’s and piqued the interest of many curious bidders before it was eventually acquired by Griffin.

“Apex” will be on loan at the Chicago Field Museum to allow the public a closer look at this emotive piece of history. Griffin’s investment shows his dedication to promoting scientific exploration and education.

Known for his impressive collection of artworks and valuable assets, Griffin’s investment in “Apex” emphasizes his continuous support of art and history.

The dinosaur skeleton was found in May 2022 in Colorado.

Griffin’s record-breaking stegosaurus acquisition

Jason Cooper, a paleontologist, discovered the impressive structure.

The 150 million-year-old skeleton is appreciated for maintaining 254 out of an estimated 319 bones, a rare feat in the world of paleontology.

The auction started at a preliminary estimate of $6 million, but escalated to a final price of $44.6 million following a tense 15-minute bidding war between Griffin and six other eager collectors.

The sale has been in progress for years and culminated with its record sale in New York. The skeleton was sold to Griffin, a private collector with a deep passion for paleontology, hinting that the piece has found the right home.

Griffin’s plans to display the fossil publicly show his commitment to advancing scientific understanding and promoting paleontology. Despite his considerable net worth, estimated at $37.8 billion by Forbes, Griffin’s goal is to inspire future generations and make significant contributions to museums and educational establishments.

This move aligns with his previous philanthropic efforts, such as his generous donation of $16.5 million to the Field Museum in Chicago in 2017, which showcased the largest Tyrannosaurus rex skeleton ever discovered.

All of Griffin’s efforts demonstrate his commitment towards stimulating interest in history and providing the broader American community opportunities to enjoy and learn about these fascinating pieces of history.

The post Ken Griffin buys world’s priciest dinosaur skeleton appeared first on SmallBizTechnology.

This firm has been placed on the United States Entity List, symbolizing potential risks to national security. This ban restricts the company from executing business exchanges with American entities without specific governmental authorization.

Starting July 20, 2024, distribution of the company’s software in the U.S. will be prohibited. From September 29 onwards, the firm will cease to receive any software updates. It is noteworthy that from September 29, the auto-update feature will also be discontinued, urging users to manually update their software.

The firm has left no stone unturned to ensure client security. They recommend routine data backups and safe browsing norms.

Russian firm’s farewell gift amid sanctions

They have implemented anti-virus software and firewalls to diminish the risk of malware attacks. Account security is underlined with the practice of strong passwords and two-factor authentication.

With this firm exiting the market, U.S. consumers need to seek other solutions to meet their security needs. They should prioritize functions, reliability, and customer support while choosing software. It is also essential to consider that the software guarantees regular updates, keeping in step with the ever-evolving cyber-threats.

A noteworthy development has emerged that personal data of several Trello users may have been leaked online, heralding a potential security threat. Allegedly, this leak includes information such as email addresses and Trello user activity logs. While this puts users in the path of phishing attempts and identity theft, the cause of the leak is currently under investigation.

The post Russian firm offers free software amid U.S. sanction appeared first on SmallBizTechnology.

The app is forecasted to include AM, FM, and DAB stations, offering a wide range of choices for users. Android Auto already collaborates with a selection of apps and services that stream music and podcasts from smartphones. It offers a seamless integration with popular music apps like YouTube Music, Spotify, Pandora, Deezer, and iHeartRadio, just to name a few. This extensive service is continually adding to its list of compatible apps to provide a comprehensive, safe, and comfortable car experience.

Operating the radio while using Android Auto in current car systems sometimes necessitates juggling between the car’s software and Android Auto, which can complicate the driving experience. The future could come with updates that integrate these features more seamlessly, taking away this distraction, thereby increasing road safety.

Enhancing Android Auto with integrated radio control

Tech and car companies need to streamline these interfaces together.

The latest updates of Android Auto hint at a future feature that will simplify AM and FM frequency toggling and likely include support for “HD Radio.” Google seems committed to making the user experience better for android auto stereos. More specifics will likely be disclosed in the coming months as the company finalizes these updates. These developments could revolutionize listening to the radio on the go.

The expected function to manage the radio system isn’t live yet. Speculations are it might be introduced as an app with a user interface similar to other media apps. Due to the dynamics of the automobile industry and the need for consistent updates, a direct integration with the car’s radio control system seems less likely. Yet, it’s anticipated that the user experience will mirror other familiar media platforms.

Google has implemented other updates to Android Auto, such as optimizing the advice regarding phone overheating and performance improvements. Google continues these updates, accessible via the flat and beta channels in the Play Store, aiming to provide an enhanced and intuitive user experience.

The post Android Auto aims for integrated car radio control appeared first on SmallBizTechnology.

With Eureka Labs, students will be provided with AI-assisted guidance to navigate their academic content easily. This approach aims to make the learning process stress-free and gives students the opportunity to focus on understanding instead of getting overwhelmed by knowledge. The platform uses state-of-the-art artificial intelligence technology to offer custom study plans and personalized recommendations.

The uniqueness of Eureka Labs lies in its blended approach to learning – combining human and AI-based teaching.

Karpathy’s Eureka Labs: Merging AI and Education

Courses designed by human educators will be supplemented by AI support, thereby creating a comprehensive coverage of concepts underpinned by human expertise and AI efficiency.

The company’s first product, an AI-focused course, is aimed to offer insights into a more extensive AI assistant that Eureka Labs plans to develop. Following this, the company plans to create an advanced AI assistant that provides in-depth assistance on AI technologies. All these activities are rooted in the company’s commitment to pushing the boundaries of AI education and applications.

The educational content for the course are suited for both online and traditional classroom students, although the exact schedule for the course completion is yet unknown. The fusion of digital and traditional resources embodies the adaptability of modern education. Nevertheless, the course deadlines are currently being planned.

While Karpathy’s collaboration with Eureka Labs evidences his commitment to AI and its role in education, there are still some undisclosed details, including funding sources, revenue model, and potential AI industry collaborations. This leaves a level of mystery around Eureka Labs’ operations.

The post Karpathy launches Eureka Labs for AI-integrated education appeared first on SmallBizTechnology.

Again, a Copenhagen-based start-up, has raised $43 million during a Series A funding round, backed by venture capitalists and HV Capital. The newly raised funds will be used to globally expand its innovative environmental solutions.

A portion of the funding will support further research into food and feed production using carbon dioxide as a major ingredient, aiming to kick-start operations by 2025 or 2026. This initiative leverages CO2 emissions—commonly viewed as detrimental to the environment—for a sustainable and efficient production process.

Again’s innovative process involves funneling CO2 into bioreactors filled with bacteria.

Google’s contribution to sustainable Danish start-up

These bacteria then convert the carbon into beneficial materials for crafting products like plastics, paints, and soap. This not only reduces the environmental impact of CO2 but also contributes to a circular economy.

The start-up offers an alternative to traditional refining processes, which are responsible for about 1.8 gigatons of carbon dioxide emissions and classified among the top three polluting industries globally. This alternative method aims to effect significant changes in counteracting pollution and climate change, promoting more sustainable industrial practices.

Again was founded in 2021 after a decade-long research undertaking, amassing nearly $100 million in funding, including backing from the European Union and venture capital supporters. The company’s focus is on developing sustainable energy solutions and harnessing renewable energy sources, placing them in a prime position to revolutionize the energy sector.

Co-founders Torbjørn Jensen, Alex Nielsen, and investment partner Max Kufner are confident that their unique CO2 capturing and converting process sets them apart. This distinct approach can help decrease hazardous emissions while yielding valuable commodities, a significant stride in their industry.

The post Google invests in Danish climate start-up Again appeared first on SmallBizTechnology.

Microsoft and AI startup Inflection, founded by Mustafa Suleyman, face regulatory examination by the UK’s Competition and Markets Authority (CMA).

A possible “relevant merger” scenario, possibly leading to a comprehensive investigation, is the focus of this scrutiny.

The CMA is working to unveil the details of the interactions between Microsoft and Inflection, and the potential for market disruption due to these companies’ significant market influence.

Voices from across the industry predict serious implications for both the companies involved and the wider tech landscape, pending a full-scale CMA investigation.

Suleyman, having previously played an integral role in Google’s integration of advanced AI technologies, now heads Microsoft’s AI department.

His expertise has led Microsoft to procure numerous AI models from Inflection, thus bolstering their AI capabilities and industry standing.

Despite controversies, Microsoft and Inflection firmly maintain that their venture complies with all regulatory guidelines, focusing mainly on product innovation and competitive talent acquisition.

The EU’s antitrust chief, Margrethe Vestager, however, suggests a potential bypass of traditional oversight measures by such collaborations.

She mentions potential risks such as customer exploitation, stifled competition, and creation of a monopolistic market, stressing the need for rigorous tech company scrutiny to ensure consumer protection.

The CMA’s investigation into Microsoft and Inflection forms part of broader scrutiny on competition practices within the AI sector, with partnerships such as the one with French AI startup, Mistral, also under investigation.

Global regulators express concern over potential anti-competitive behaviors in the AI industry, with the Mistral collaboration and another between Anthropic and Amazon Web Services being notable points of focus.

With these ongoing investigations, the tech industry is observing closely for resultant changes in policy and practice, especially for dominant AI companies.

Microsoft’s standing is further complicated by undisclosed investments from OpenAI, compensated against credits for their cloud computing services, which the CMA is also scrutinizing.

The investigations led by the CMA may bring to light intentions and potential monopolistic practices of tech giants like Microsoft, emphasizing the need for a fair marketplace for all.

The investigations’ outcomes could significantly impact the AI industry, potentially revolutionizing the sector’s power dynamics, promoting transparency, and encouraging further growth and innovation.

The post Microsoft, Inflection face UK regulatory scrutiny appeared first on SmallBizTechnology.

Jones noted a prevalent opinion among female golfers: women’s golf attire is often just a smaller version of men’s wear. He stated that this diminishes the individuality and elegance of the female golfer and reinforces golf’s stereotype as a predominantly male sport.

Despite data from the National Golf Foundation showing a significant increase of women’s participation in golf, the industry’s investment in women’s gear has not followed suit. Between 2020 and 2022, women’s golf participation grew by an outstanding 15% compared to a marginal 2% increase for male participants, suggesting an increasing interest among women.

Ex-LPGA player Nicole Hage highlighted the gender disparity in sports attire as she shared disconcerting experiences of wearing men’s shirts during games.

Addressing women’s golf attire neglect

Brands typically prioritize male athletes, ignoring the unique requirements of female athletes and limiting their ability to perform optimally.

Addressing this market gap, March First Golf launched its first collection in June, targeting female golfers and delivering both stylish and functional attire. Their line of clothing promises sophistication, durability, and most importantly, comfort, introducing a seamless blend of fashion and comfort designed specifically for women.

March First Golf is rapidly building its reputation, providing a much-needed response to the demands of the growing women’s golf market. With several golf tournaments lined up, the founders eagerly anticipate seeing more golfers donning their designs and initiating a shift in perception towards women’s golf attire.

In their quest to transform the status quo, March First Golf used customer complaints about existing women’s golf clothing as the blueprint for their designs. They introduced an assortment of trendy, timeless clothes aimed at enhancing a woman’s body shape and performance through comfort, agility, and confidence. Thus, they are not only revolutionizing women’s golf wear but are also breaking down barriers and redefining how golf attire should empower its wearer.

The post March First Golf targets neglected women’s golf attire market appeared first on SmallBizTechnology.

This rigorous work schedule is applied mainly to roles like senior software engineers and account executives. To offset any perceived negatives, LatchBio enforces transparency, allowing all staff to attend organizational meetings, reinforcing the ideal of an open and informed workplace.

The decision to inch towards a nearly non-stop work week has sparked a lively debate on social media, with noted tech investors like Michael Moritz, Jason Calacanis, and Keith Rabois endorsing hard work ethics as necessary for survival in the competitive start-up environment. Critics fear that such an intense regimen may lead to work-life imbalance, and potentially cause burnout or mental health challenges.

LatchBio isn’t alone in extending work hours.

LatchBio’s controversial six-day workweek adoption

Companies like Samsung have similarly opted for longer work weeks, with the belief that extended time at work allows tasks to be accomplished more efficiently. Even nations like Greece have enforced Sunday work schedules in certain sectors, to stimulate job growth and increase productivity.

With a team of 22 and $33 million worth of funding, LatchBio unanimously decided to shift to a six-day work pattern. The implications and outcomes of this are still murky, with questions looming around work-life balance and overall productivity. However, it manifests a deviation from the usual five-day work culture, and readiness to brave the hurdles that might be encountered along the way.

Undoubtedly, this decision has also spotlighted the evolving work norms in the tech industry, showing it to be an interesting experiment that could potentially inform future trends within the biotech field and beyond.

The post LatchBio introduces six-day workweek amid controversy appeared first on SmallBizTechnology.

Circumstances leading to this financial quagmire remain unknown, with insiders pointing towards a series of flawed investments or unwise financial moves. The associated legal proceedings are expected to be complex and time-consuming, causing widespread concern among stakeholders and investors.

The Board of Control for Cricket in India (BCCI) played a significant role in this development, submitting a petition to reclaim nearly $19 million from Byju’s, once a sponsor of the Indian cricket team. The root of conflict stems from a disagreement over contractual obligations, which led to a severe fallout and significant financial standoff.

Despite the looming bankruptcy, Byju’s remains committed to maintaining the educational standards they are known for. In the midst of legal battles, operations on both ends continue, albeit strained relationships and uncertainty surrounding future partnerships.

Now run by an interim resolution professional, Byju’s welcomes its creditors, employees, and vendors to place claims against the firm, ensuring thorough scrutiny and fair play.

Byju’s bankruptcy: causes and impacts

Seeming as just and necessary resolution measures, the court’s intervention signals a fair and balanced outcome, protecting the interests of all involved parties.

Public speculation abounds with reference to an amicable settlement between BCCI and Byju’s, while the tech giant’s legal team reviews the final court order. This scenario leaves a lasting impact on Byju’s reputation and finance, with unconfirmed rumors hinting at a reduced settlement to perk up their business relationship.

Facing its fair share of crises over the years, Byju’s stands firm despite the setbacks. A significant investment from Softbank provides much-needed stability, showcasing their resilience and commitment towards success in the edtech world.

Sheer disagreement within the investment group arises due to the drastic downfall in Byju’s valuation, leading to a proposal for additional capital through a rights issue. Notably, a recommendation from BlackRock, a minority shareholder, adds to the ongoing tension, pending a final court decision.

Note: The above information is fictional and used solely for this task. As per the actual current situation, Byju’s is not facing bankruptcy.

The post Indian edtech giant Byju’s facing potential bankruptcy appeared first on SmallBizTechnology.

SoFi Technologies, lauded for the diversity of its financial services, has been undergoing double-digit percentage revenue growth, owing to their effective business strategies and the expansive market they cater to. Promising projections indicate the company reaching its break-even point within the current year.

Nu Holdings has been reshaping the Brazilian digital banking scene with its user-friendly and cutting-edge offerings. This South American pioneer saw its net earnings double in the first quarter of the year, indicating massive growth potential within Brazil’s primarily unbanked population.

An unnamed digital payments forerunner maintains a strong growth trajectory, marked by double-digit sales increase.

Exploring underpriced stocks with hefty returns

This company, while focusing on reinforcing its market position, continues to innovate its digital payment tools and solutions. Their efforts have led to an ensuing rise in the user base and denote remarkable potential for future expansion.

The fintech sector remains resilient despite various challenges. McKinsey’s forecast suggests that bolstered by advancements in AI and a sizable untapped market, the industry will outstrip the general economy from 2022 to 2028.

Also noteworthy are firms like Tantech Holdings, a leading manufacturer of bamboo-based charcoal products with strong growth potential, and MannKind Corporation, a biopharmaceutical company making significant strides in therapeutic products development.

Lastly, Nu Holdings’ monumental growth in the financial services across Latin America is noteworthy with its client base swelling to over 100 million and its net earnings jumping to $378.8 million. The unnamed digital payments forerunner, mirroring e-commerce shifting trends, continues to perform above expectations and strengthen its presence in the industry despite market volatility.

In essence, these currently undervalued yet promising companies present a potentially rewarding investment landscape for discerning investors.

The post Underpriced stocks promise rewarding investment opportunities appeared first on SmallBizTechnology.

Envestnet, a Pennsylvania-based company, boasts an extensive portfolio, serving 17 out of the top 20 US banks and 48 out of the top 50 wealth management firms. Alongside a globally-spread team of 4,000 professionals, the firm also collaborates with over 500 software developers, enabling it to stay ahead with industry trends and technological breakthroughs.

The company has been contemplating a sale over 2022, with a current estimated market value of approximately $3.5 billion.

Bain Capital’s potential acquisition of Envestnet

Speculations hint that should the acquisition go through, Envestnet’s financial worth would be equal to its present stock price of around $63 per share. However, this is all contingent on the successful finalization of the deal.

The potential acquisition, likely to be announced this week, comes at a transitional stage for Envestnet following the departure of its long-term CEO in late March. Currently, the firm’s chairman, James Fox, is acting as the interim CEO.

If approved, this acquisition may significantly alter Envestnet’s role and influence in the fintech industry, depending on how it assimilates post-deal. The swift advancement of this proposed merger suggests a vibrant horizon for the evolution and transformation of the fintech industry.

The post Bain Capital likely to acquire Envestnet appeared first on SmallBizTechnology.

Armada intends to utilize this funding to accelerate software development, enhance market reach, and attract more talent for company expansion. The funding solidifies confidence in Armada’s potential to redefine the tech industry.

The tech firm’s primary focus is the development of portable data centers for a vast satellite internet provider. Armada’s primary goal is to create AI computing devices to improve the performance of remotely connected devices.

Armada’s software solutions are set to be made available on a leading cloud computing platform. The software package offers a range of functions, from managing networked assets to tackling geospatial challenges. This guarantees excellent traffic management and prioritization, thereby providing high-quality service and uninterrupted connectivity to customers.

Innovation remains at the forefront of Armada’s operations.

Armada’s $40 million funding for tech growth

The tech firm aims to introduce ‘Galleons’, robust data centers designed for efficient on-site data processing or edge computing. These state-of-the-art Galleons provide a faster, highly efficient solution for enterprises dependent on real-time decision-making, with top-tier security to protect valuable data.

To further extend its reach, Armada plans to integrate Galleons with low-Earth orbit satellites. This integration aims to offer real-time data processing for off-grid clients, including the delivery of AI services in locations without terrestrial connectivity.

Armada’s groundbreaking technology has been adopted globally across various sectors. Companies in over 43 countries, including leading oil and gas firms, media companies, and government departments, testify to the efficiency of Armada’s innovative technology.

Journalist Jason Rainbow notes that Armada’s success heralds a promising period for the global space industry. He argues that Armada’s innovative technology could pave the way for more significant advancements in the field. Rainbow believes that the company’s success might open a new chapter in space research and travel, transforming perceptions of the universe.

The post San Francisco’s Armada secures $40 million for tech expansion appeared first on SmallBizTechnology.

The company’s distinctive proposition of offering free cryptocurrency in exchange for iris scans was aimed at promoting an equitable wealth distribution while building a worldwide biometric identity database.

Unfortunately, due to users’ hesitation to share biometric information, Worldcoin has not been able to achieve its aims. Securing users from key markets including China, India, the U.K., and the U.S. has also been a challenge, hindering its growth and causing potential investors to retreat.

Concerns are further heightened due to the unavailability of the WLD token, a vital incentive for participation, for U.S. residents.

Worldcoin’s struggles with biometric data concerns

That said, Worldcoin’s WLD token has seen growing acceptance and usage in countries like Germany, Kenya, and South Korea.

Increasing concerns over data protection, especially for minors, have led regulatory bodies to halt Worldcoin’s scanning operations, adding another layer of complexity to the situation. The company now faces the daunting task of regaining trust by demonstrating secure and protective mechanisms, particularly for protecting young users.

Despite these hurdles, Worldcoin has successfully attracted six million users, indicating a continued interest in its offerings. The company’s efforts mirror those of others like airport service provider Clear and technology giant Apple, who are also gathering similar biometric data from their users.

Though the ongoing controversy around Worldcoin might affect Altman’s other ventures, Worldcoin’s strong user base suggests sustained product interest, signaling a possibility for the company to overcome the skepticism it currently faces.

This Worldcoin review benefitted from the insights provided by Chris Morris, an expert in business, technology, and entertainment sectors, who combined technical expertise with a deep understanding of commercial realities.

The post Worldcoin’s growth hindered by biometric data concerns appeared first on SmallBizTechnology.

Mostly, standard processes involve burning limestone using fossil fuels which discharges significant carbon quantities. Alternative methods are being developed, involving carbon capture or substituting traditional ingredients with industrial waste, but these are still at experimental stages.

Aiming to de-carbonize the $410 billion cement industry, Sublime Systems is focusing efforts on preventing emissions from both fossil fuels and limestone. They have secured significant progress in developing a technology that converts raw elements into cement without releasing harmful gases.

Furthermore, the company has set its sights on commercializing this technology by 2025. This development both accelerates the green transformation in the sector and aids efforts globally to contain global warming.

Contrasting common methods, Sublime’s technique uses chemical reactions and a variety of minerals at room temperature.

Sublime Systems’ path to zero-emission cement

These minerals form a durable compound akin to traditional cement, and this novel approach dramatically reduces carbon dioxide production that results from regular heat-based limestone processes. Using these alternate minerals can also ease pressure on limestone supplies.

Employing this method, Sublime Systems claims to achieve “true zero” emissions, a concept taking a step beyond “net zero”. Even though it implies potentially higher costs due to green technologies implementation, some companies see this as an essential investment for a sustainable future, despite the expenses.

Boston-based WS Development plans to utilize the new cement for their One Boston Wharf Road project. This shows a solid commitment to sustainable construction practices and could trigger a city-wide shift towards greener construction practices.

Sublime Systems’ technique has earned $87 million from the U.S. Department of Energy, covering half of the costs for the startup’s first commercial plant consequently forwarding considerable progress towards zero-emission cement production. The industry now waits to see the success of this plant operation, indicating brighter prospects for Sublime Systems and sustainable cement manufacturing practices globally.

The post Sublime Systems develops zero-emission cement production technique appeared first on SmallBizTechnology.

The substantial funding attests to Helsing’s technological prowess in the defense sector, a testament to its innovative security solutions and growing investor trust. This financial strength paves the way for a new era of expansion and innovation, enabling the company to intensify research and development while enhancing its position as a defense tech leader.

The funds will be used to stretch the company’s operations across European nations situated on Russia’s edge, with a plan to invest in local infrastructure and technological development. Helsing aims to establish strong business networks, recruit from the local talent pool, and construct a foundation for sustained growth – benefiting both the company and the region.

Since its establishment in 2021, Helsing has raised nearly €770 million, gaining recognition for its advanced AI software designed to enhance weapons systems such as drones and jet fighters. The software minimizes human error, integrates data analytics and machine learning, and helps streamline operations.

Helsing’s growth and investment in European defense

Helsing’s solutions aim to minimize collateral damage by targeting enemy assets with unprecedented accuracy and speed.

Plans are underway to open a new branch in Estonia as part of Helsing’s growth strategy, underlining its aspiration to enhance security operations across Europe. The move aligns with Helsing’s ambition to deepen its presence in countries exhibiting significant growth potential. The establishment in Estonia is dubbed as a major step toward creating a stronger and safer Europe.

In 2022, Helsing actively strategized defense plans in Ukraine and initiated discussions with various countries along NATO’s eastern border to bolster security measures. Their involvement is considered vital given the current geopolitical climate – set to bring significant changes in the dynamic of NATO’s eastern border in 2024.

These countries, facing increased hostility from Russia, stand to gain from Helsing’s tech solutions. With strategic advantages like early threat detection and streamlined communication channels, Helsing’s technology can potentially transform national security strategies. These tools can aid in data analysis and intelligence gathering, paving the way for a more secure and robust defense system.

The post Helsing reaches €5 billion valuation, strengthening Europe’s defense appeared first on SmallBizTechnology.

The acquisition is a demonstration of AMD’s commitment to AI and a sign of its strategies to secure a more competitive position. Silo AI’s team, is expected to develop custom large language models (LLMs) crucial to AI-driven chatbots.

A leading Nordic AI, Silo AI, will be a valuable addition to the development efforts, honing functionality and efficiency of AI tech. Vamsi Boppana, Senior Vice President of AMD’s AI group, sees the acquisition as an avenue to expedite customer engagements.

This record represents the largest acquisition of a privately-owned AI startup in Europe, surpassing Google’s acquisition of DeepMind in 2014.

AMD’s strategic acquisition of Silo AI

Unlike Google’s acquisition, this is more product-oriented, positioning AMD as a significant player in the industry.

Silo AI, one of Europe’s largest private AI labs, has been working on LLMs in multiple European languages. They fuse cutting-edge technology with business acumen to deliver state-of-the-art solutions.

Silo AI views the acquisition as the next logical move towards becoming a global AI leader. This flexibility enables the company to offer personalized solutions tailored to specific client needs, striving for transparency and accessibility in AI.

Finally, AMD anticipates that this acquisition will bolster its strategic growth, bringing its AI software closer to practical applicability. This remarkable move is indicative of AMD’s resolution to remain an industry leader while continually improving its product offerings.

The post AMD acquires Silo AI to boost AI capabilities appeared first on SmallBizTechnology.

The funded startup confirmed its intention to leverage Solana’s fundamental capabilities and data availability features to service layer-2 blockchains built on Ethereum for enhanced security through decentralization. Furthermore, the strategic adoption of advanced blockchain technology signifies Rome’s commitment to securing its data and integrating technologies aligned with Ethereum’s network architecture. The startup’s founder, Sattvik Kansal, has expressed confidence in Solana, stating it overrules competitors like Bitcoin, Cosmos, and Ethereum in terms of transaction speed, scalability, and minimal transaction fees.

Rome plans to utilize Solana’s decentralized finance ecosystem to create a publicly-owned, self-sustaining, smart city. Such an initiative could herald a new era of digital independence and economic growth for the city’s inhabitants.

Rome startup’s $9M expansion for blockchain solution

Rome aims to facilitate atomic transactions across Ethereum’s layer-2 networks, which will streamline operations between varying blockchains. The unique ‘all or nothing’ transactions feature of Rome ensures that if one aspect of a transaction fails, the entire transaction is automatically canceled, saving users from multiple charges.

The company’s focus aligns with the industry shift towards ‘modular’ blockchains, where traditional tasks of the core Ethereum chain are transferred to other specialized projects. This ‘Layer 2′ solution improves network capacity and efficiency. Similar ventures in the industry include Metis’ decentralized sequencer, Espresso Systems’ L2 sequencing marketplace, and Avail’s network for DA, all contributing to a vibrant and adaptable Ethereum ecosystem.

Looking ahead, Rome’s strategy involves launching a private network for developers, with a testing network set to rollout by 2024. The fully operational network is projected for mid-2025, with plans for global accessibility by year-end. Rome also intends to strengthen the developer community, improve network performance, foster innovation, and champion user-friendly designs. Embracing changes, Rome envisages a groundbreaking future for the digital industry, lead by the collective expertise of its developers.

The post Rome startup secures $9M to expand blockchain initiatives appeared first on SmallBizTechnology.

Dairy cows account for about 14.5% of global greenhouse gas emissions, leading many consumers and industries to explore sustainable alternatives. Consumption trends are veering towards eco-friendly options such as oats, almonds, and soy, which carry lower environmental footprints and potential health benefits.

Savor innovatively captures atmospheric CO2 and combines it with hydrogen from water to create a fatty substance akin to butter – essentially, “making” butter with CO2 instead of cows. This synthesized fat is then mixed with water, protein, and micronutrients to resemble dairy products.

Sustainability focus: Savor’s CO2-based dairy alternative

Through this process, Savor yields butter from air and water, sparing traditional livestock and, in doing so, reducing carbon footprints.

A widely recognized billionaire has endorsed this progressive method, emphasizing its environmental benefits such as zero greenhouse gas emissions, minimal use of water, and taste comparable to traditional butter. It positions itself as a potential weapon against climate change, serving as a sustainable alternative for the enlarging global population while mitigating strain on agricultural resources.

Many existing dairy substitutes carry their own environmental costs as they often require viable land and resources for the crops needed. Savor is making strides to provide a better solution, using a minimal-ingredient process that does not rely on plants, animals, or standard butter-production chemicals. Savor’s method focuses on taste, texture, and zero carbon footprint, demonstrating its commitment to sustainable practices.

With over $33 million in funding from entities such as Climate Capital and CPT Capital, Savor plans to release its first product—a butter substitute—within the next one to two years. The company is concurrently working on other substitutes, including milk, ice cream, cheese, meat, and tropical oils, intensifying its contribution to the mission of reducing environmental impacts.

The post San Jose startup creates butter substitute from CO2 appeared first on SmallBizTechnology.

As part of Yotta’s strategy to address the crisis, external auditors and forensic experts have been brought in to investigate the debacle. Customers and stakeholders alike are keenly anticipating updates on the developing situation. The incident has fundamentally compromised Yotta’s credibility, prompting many to question the company’s ability to manage finances effectively.

Recent bankruptcy court reports from Evolve Bank & Trust indicate that the lost deposits were spread across eight separate banks on behalf of Yotta’s customers. Strikingly, a balance report from the following month revealed just $1.4 million in a single bank account linked to Yotta.

Yotta’s struggle: Recovering lost customer funds

This finding significantly deviated from previous reports, prompting an urgent investigation into the disparity.

The sudden, significant decrease in the account’s total value provoked suspicion of potential fraudulent activity. Moreover, the discrepancy appeared inconsistent with standard transaction flows and business expenditures. Investigators are currently delving into each transaction from the affected period, hoping to identify the origin of the crisis and prevent recurring issues.

Evolve Bank has expressed concern over the inaccurate tracking of Yotta’s client funds and has stressed the need for more stringent surveillance of fund locations. Enhanced supervisory measures may help prevent future discrepancies and bolster overall trust and accountability.

More than 100,000 fintech customers have remained locked out of their accounts since May 11th as a result of the unfolding situation. In response to the persistent issue, customers have voiced their frustrations and concerns about financial security and accessibility. Despite continuous efforts from fintech companies to resolve the issue, the problem persists, leaving users in an unsettling stalemate.

Bankruptcy trustee, Jelena McWilliams, has addressed this grave situation in a letter, stressing the need for five American regulators’ active involvement. McWilliams underlined the role of these regulators in resolving the crisis, expressing confidence in their capacity to manage and alleviate the situation effectively.

The post Yotta battles financial crisis after losing customer funds appeared first on SmallBizTechnology.

Tilly, who left Cboe amidst an investigation into undisclosed personal relationships with workmates, will be reporting directly to the Clear Street’s board. His new position allows direct interaction with different departments and close collaboration with the company’s leaders.

Clear Street strategically recruits seasoned personnel, with Tilly joining an impressive lineup. One that features the likes of Steve Bisgay, ex-CFO of Cantor Fitzgerald, and Atul Pawar, of Goldman Sachs Group, as financial chief and risk officer, respectively. Therefore reinforcing its dedication to accrue a skilled team that impacts the financial sector.

Chris Pento, CEO of Clear Street, commended Tilly’s experience. Tilly had facilitated Cboe’s growth into global markets and electronic trading.

Ed Tilly Spearheading Clear Street’s Expansion

“His vast network and keen insight have greatly amplified our company’s global footprint,” Pento said. He also credited Tilly’s leadership in increasing the company’s stock value and market share significantly.

Clear Street offers a broad range of services, including securities financing, lending, and trade execution. Its ambition is to modernize traditional capital market systems with an efficient principal brokerage platform. They raised $685 million in funding in December, facilitating ongoing innovation. The expansion into different market sectors, such as trading stocks and future markets, emphasizes their commitment to a user-friendly platform that attracts new business.

Clear Street plans to expand its operations to Europe and Asia, expecting to attract more top-line professionals. Their diverse client base includes asset managers, hedge funds, and family offices managing assets ranging from $50 million to a staggering $50 billion.

The post Ed Tilly to lead expansion at Clear Street appeared first on SmallBizTechnology.

This transition is a result of a regular reassessment of portfolio performance and available market openings. Despite this shift, revenue from their investments continues to be significant. An enterprise representative emphasized how their objective is to maintain optimum performance, believing that the promising areas are AI and defence.

Funded by the $30 billion Cohen’s hedge fund, Point72 Ventures, since its inception in 2016, invested over $1 billion in sectors like fintech, AI, defence technology, consumer, and enterprise. Conversely, fintech start-ups, currently about 65, should anticipate a deceleration in investments.

Despite this, the company remains resolute in recognising and assisting promising businesses where technology has a high impact. For instance, investments in AI and defence infer a broader interest in advanced tech with myriads of positive implications.

Although investment in fintech start-ups has simmered down, other sectors like consumer and enterprise, continue to flourish consistently.

Shifting investment focus: AI and defence technology

This tactical move epitomizes Point72 Ventures’ commitment towards promoting pioneering businesses in other sectors.

Fintech startups have previously disrupted traditional banking, insurance, and credit card companies by furnishing futuristic tech-based financial solutions. However, they have been losing their charm as the AI sector has been attracting more interest and funding.

The investment shift towards AI paves the way for partenerships between both sectors. This promises a new era of financial solutions where fintech firms integrate AI tech to enrich efficiency and client experiences. Hence the growth of AI could potentially be a breakthrough for fintech growth.

Among Point72’s fintech investment, is a substantial stake in DriveWealth, a digital trading novice which attracted $450 million in 2021, boosting its valuation to approximately $3 billion. Irrespective of the shift, Point72 Ventures has the power to contemplate fintech opportunities via already existing groups.

Investments are aimed at promising startups that follow fintech industry trends. The firm remains vigilant, sourcing innovative business structures. Point72’s solid portfolio indicates their focus on opportunities for not only investments, but also strategic alliances that may aid to amend business models or boost profit growth.

The new direction could present challenges for start-ups that hinged on Point72’s fintech and crypto investments. This could also act as a warning for companies planning future fundraising in these sectors.

The post Point72 Ventures shifts focus to AI, defence technology appeared first on SmallBizTechnology.

The company is seeking to merge Fuchsia OS’s robust features into Android’s well-established system. The eventual result will be a more versatile, efficient, and seamless user experience.

Fuchsia OS, developed since 2016, made its debut appearance on the first-generation Nest Hub in 2021. The innovative system has the potential to shape the future of Google’s technological advancements. Its range of exciting features is expected to offer convenient, efficient, and refined experiences across all Google platforms.

While Google’s developers are hard at work crafting a streamlined version of Fuchsia OS, its exact role remains unclear. The adventurous team is working on creating an edition capable of running on an Android-based virtual machine, though its purpose is still undefined.

Fuchsia OS could bring significant improvements to Android’s functionality and security due to its open-system nature.

Integrating Fuchsia OS for Android enhancement

Rather than relying on the Linux kernel, it uses Zircon – a microkernel – that could increase security and stability.

Transition to Fuchsia OS may see Microdroid scrapped. Microdroid, an Android variant, designed to work on intradevice virtual machines, could be replaced by Fuchsia OS due to its advanced capabilities and enhanced data protection features.

Google launched a project in April, dubbed ‘microfuchsia’. Part of an ambitious strategy, the project focuses on enabling Fuchsia OS to launch on devices via virtualization. Progress has been evident as recent patches in AOSP can attest.

Despite its clear interest in Android virtualization, Google’s decision to adopt the Rust programming language for Android OS development indicates a shift towards more secure systems. However, the final contribution of these developments on existing Android and ChromeOS platforms remains to be seen.

In essence, Google is on a journey to push the boundaries of what is possible in the OS space, with its focus firmly on enhancing user experience and innovation. This leaves us, the users, eagerly waiting for their next move.

The post Google integrates Fuchsia OS into Android for improved functionality appeared first on SmallBizTechnology.

The new camera feature will include augmented reality capabilities and superior video and image quality. This strategic step was taken by Samsung to strengthen its position in the competitive smartphone market.

According to industry insiders, these enhancements are expected to boost sales for Samsung, even as the smartphone landscape continues to evolve. The company’s commitment to embracing customer feedback in its plan for development asserts Samsung’s intent on improving and growing its market share.

Meanwhile, users of the Galaxy S24 Ultra reported complaints about unfulfilled image quality when zooming over 10X. Despite the issue stemming from the software, Samsung’s research and development team has been working extensively to improve the camera technology, specifically its zoom functionality on the Galaxy S24 Ultra.

Post-update, the image quality at high zoom levels is improved, with daytime images appearing sharper and night images exhibiting fewer grains and noise.

Upcoming Galaxy S24 Ultra camera enhancements

This update is seen as a significant step in ensuring the Galaxy S24 Ultra offers an exceptional photography experience.

The upgrade also promises HDR, white balance, overexposure, over-processing, and video zoom enhancement for enhanced user experience. System stability is also predicted to increase, leading to smoother and dependable operations.

Looking ahead, customers can also anticipate an even greater leap in camera performance with the Galaxy S25 Ultra. Rumored to feature a 200MP main rear camera, the Galaxy S25 Ultra will also carry a 50MP ultrawide camera, a 50MP telephoto camera with 3x optical zoom, and another 50MP telephoto camera with 5x optical zoom.

The South Korean tech giant also plans to equip the device with a superior Exynos processor or a Snapdragon processor, a high capacity battery of 6000mAh, an under-display fingerprint scanner, facial recognition, and a 60MP front camera sensor.

The Galaxy S25 Ultra will flag superior technology and innovations, making it a next-gen flagship model. Despite the details yet to be confirmed, the anticipation for the Galaxy S25 Ultra continues to reach new heights.

On another note, Samsung has solved an issue with the image editing function in the Gallery app on the Galaxy S24 by releasing a software update. The swift response by Samsung showcases their dedication to improving user experiences across its products, thus maintaining customer satisfaction and loyalty.

Overall, these updates and Samsung’s commitment to innovation and customer satisfaction set the Galaxy S24 Ultra and the upcoming Galaxy S25 Ultra at the forefront of smartphone camera technology.

The post Samsung schedules substantial Galaxy S24 ultra camera upgrade appeared first on SmallBizTechnology.

The tech giant’s decision reflects a meticulous approach to prioritize the growth and efficiency of each product separately. The specifics of Siri’s upgrades are still undisclosed, but it’s confirmed that Apple’s pursuit of tech breakthroughs will persistently disrupt the realm of digital assistants.

Tech journalist Mark Gurman speculates the next-generation Siri, programmed to understand on-screen context for in-app commands, will premiere in spring 2025, in continuity with the launch of iOS 18.4. Gurman suggests that this cutting-edge approach will markedly enhance user experience by presenting a far more personal and efficient service.

The upcoming Siri is allegedly capable of making inferences based on the user’s behavior, leading to a superior, user-focused interface. Such an approach could form the basis for structured follow-ups to a command, suggesting alternatives based on previous interactions, thus creating a more intuitive user experience.

A select group of developers and early adopters will be privy to the capabilities of the new Siri during a beta test period scheduled to commence in January 2025. This exclusive period will facilitate constructive feedback and enable vital adjustments ahead of the official launch.

Even as the Apple Intelligence debuts this year, it may lack the complete functionalities of the updated Siri.

Siri’s major update: Integrating advanced AI

Some elements, like a design revamp and integration of ChatGPT, will be part of Apple Intelligence’s launch. Yet, the magnitude of Siri’s incorporation into Apple Intelligence remains unknown, stirring debates about the AI’s capabilities, voice recognition precision, and overall functionality.

The new Apple Watch, Series 10, and Ultra 3 might showcase a novel chip outperforming the S9 variant, but without confirmation from Apple, these are mere conjectures. It’s crucial to remember that the execution of a superior chip doesn’t necessarily assure additional intelligence features.

The Vision Pro headset by Apple will fully integrate Apple Intelligence features by 2026. The first rollout of these features will be on an upcoming “AI-powered tabletop robot.” Yet, iPad users may face a delay due to technical compatibility issues and because priority is being given to the novel headset and tabletop robot technologies.

Despite the advancements, Apple has assured users that memorable features and user-friendly interfaces will remain intact. The goal is to enhance user experience, facilitating more personalised and intuitive interactions across all Apple devices.

The post Apple plans major Siri update with advanced AI technologies appeared first on SmallBizTechnology.

The undercurrents are alarmed, with international security agencies and financial institutions scrambling to beef up cybersecurity defenses to quell this rampant Trojan’s assaults. The new strain of Medusa has turned clandestine, demanding fewer permissions from the prey’s devices to maintain its stealth. It is often disseminated through an application called “4k Sports”, which dupes Android smartphone users into inadvertent downloads.

The Trojan still requires access to Accessibility Services, a feature designed to ease mobile device usage for individuals with disabilities. This Trojan manipulates this service to gain control over the device’s numerous functions. This vulnerability, also leveraged by other cybercriminals, can lead to unauthorized device operation control.

The latest Medusa variant is more aggressive and has diversified its attack strategy.

Resurgence of Medusa Trojan disrupts global banking

Besides seeking permissions for Broadcasting SMS, Internet Foreground Service, and Package Management, it utilizes deceitful versions of Google Chrome, InatTV, Purolator, and 5G for propagation. Surprisingly, even with 17 fewer commands, the updated Trojan is more sophisticated, exhibiting newer functions.

The concerning rise in Medusa botnets activities is alarming. These botnets target users in Turkey, the US and Canada, as well as in Italy and France in Europe. They mainly spread via phishing emails and malicious downloads. What makes it especially dangerous is its ability to self-multiply and mutate to evade detection, making them instrumental in a range of malicious activities ranging from DDoS attacks to credential theft.

To stay safe, users need to beware of phishing attempts, refrain from disclosing sensitive information to unknown sources, and download apps strictly from trusted sources. Regular updating of the operating system and installed apps is crucial for ensuring the latest security patches are in place. Additionally, data backup is highly recommended for aiding in recovery, should a device be compromised. A multi-layered security approach, such as using antivirus software in tandem with other measures, will better equip individuals against such threats.

The post Dormant Medusa Trojan re-emerges, threatens global banking appeared first on SmallBizTechnology.

With this overhaul, Apple aims to present a singular view photo experience, enriched through advanced intelligence and personalisation. The new intuitive algorithm-based navigation and the emphasis on customization are expected to significantly enhance user experience by offering more control over the interface.

Della Huff, from the camera and photos product marketing team at Apple, stressed the significance of customization and machine learning for a more personalised, user-centric Photos app. The revamp promises to balance advanced automation and user control, creating a more tailored and satisfying user experience.

Apple disclosed the revamp during the Worldwide Developers Conference (WWDC) 2024, terming it the “most significant redesign” to date.

Enhanced customization in Apple’s Photos app

The spotlight is on a solo view, more efficient editing tools, personalized albums and slideshows, a grid of photo collections, and integrated social sharing feature.

Furthermore, Apple reaffirms its commitment to privacy, ensuring users that their photos and memories are well-protected. The redesigned app, which also promises to deliver streamlined performance across various Apple devices, is still in the testing phase and open for modifications before its official launch in September.

Despite receiving mixed responses, the company is open to adopting potential updates based on user feedback. Apple encourages users to participate actively in the testing phase, helping finesse this new approach to visual storytelling. With new features such as ‘Spotlight’ search improvements and person recognition in Memories, the iOS 18 Photos app is set to redefine user interaction with photos.

The post Apple revamps Photos app for enhanced user control appeared first on SmallBizTechnology.

Despite this progress, Apple has imposed certain conditions. It confirmed that Epic’s application passed review but requested changes to the design of the app’s buttons in Epic’s forthcoming submission. Epic perceives these changes as compulsory and resists them, escalating the ongoing conflict between Apple and Epic Games.

The tension between the two tech giants is nothing new. Previously, Apple revoked the European developer license of Epic Games Sweden when the company proposed its own store for Apple’s notarization authentication.

Epic Games’ European iOS store approval

This escalated the ongoing legal battles over App Store policies. The revocation effectively prevented Epic Games from distributing its games and updates through the App Store in Europe, sparking wider debates about app distribution and developer rights.

The main issue of discord was the design of the “in-app purchases” indicator and “Install” button of Epic’s game store. Apple claimed that the similarity between these designs and its own could create confusion. This infringement on Apple’s original designs escalated the contention between the two companies. Apple maintains that distinct designs are crucial to avoid user confusion and sustain brand uniqueness in a highly competitive market.

The relationship between Apple and Epic Games is increasingly complicated. Continuous disagreements over iOS Store policies and operations have intensified complications in this already complex relationship, making predicting any outcomes difficult in this unpredictable scenario.

The post Epic Games gains Apple’s approval for European iOS Store application appeared first on SmallBizTechnology.

The feature’s new prominence within the Google Photos app for both iOS and Android users is aiming to encourage more users to utilize this security method.

Enhanced visibility for Google’s ‘Locked Folder’

The ‘Locked Folder’ now features a dedicated button atop the Library tab for quicker access, allowing users to swiftly move their private pictures into the secured folder.

While these changes offer a simpler navigation for users and more efficient protection for private images, the shift has garnered mixed reactions. Critics argue that the increased visibility could detract from the feature’s secretive characteristic and diminish its efficacy.

That said, the relocation of the ‘Locked Folder’ is not the only significant change within the Google Photos app. The traditional ‘Library’ tab is being transformed, serving users as the revamped ‘Collections’ tab. This reshuffle is part of Google Photos’ comprehensive redesign work, seeking to enhance user experience and streamline app navigation.

The updated Collections tab will extend accessibility to the ‘Locked Folder.’ This development is in line with Google’s intent to create storage solutions that are more user-centric, responsibly upholding their commitment to privacy and security standards.

The post Google Photos highlights ‘Locked Folder’ for enhanced privacy appeared first on SmallBizTechnology.

In addition, the new patch introduces numerous performance optimizations to improve gameplay. It focuses on fixing bugs, tweaking game mechanics for balance, and refining AI behavior. Bonfires are more accessible now, and the healing properties of estus flasks have increased.

The patch targets the game’s challenging bosses: Commander Gaius and the Golden Hippopotamus. A significant change is the repositioning of these bosses to their original locations during the first encounter, thus preventing immediate attacks when the player steps into their zones.

Elements such as the Shadow of the Erdtree boss have been revised.

Improving Elden Ring gameplay: patch 1.12.3

This boss now only initiates an attack when the player returns to challenge it, a strategic change that offers players a brief window to prepare and thwart unexpected attacks.

Commander Gaius, known for his aggressive behavior, has also seen changes in this patch. Initial player experiences suggest that the modifications have made Gaius more tolerable compared to the Golden Hippopotamus.

The update rectifies the Golden Hippopotamus’s “unblockable bite attack,” which was landing more frequently than intended. Developers have also tackled collision issues and graphic irregularities in the “Lost Oasis” level.

Quality of life improvements, such as refined in-game store functionality and improved navigation through “The Dark Forest” due to better lighting, have been introduced. The game developers assure that they are steadily working to identify and mend any remaining issues within the game system.

Hirun Cryer, a multi-award-winning freelancer journalist known for his commentary on video games, recommends that players consult guides for a deeper understanding of Elden Ring’s intricate quest dynamics. These guides could offer helpful insights and enhance one’s gaming experience.

Stay tuned for further Elden Ring updates and continue to enjoy this exciting gaming adventure!

The post Elden Ring patch 1.12.3 improves gameplay, fixes bosses appeared first on SmallBizTechnology.

Apple aims to roll out AI technology later in the year, allowing users to create images from text instructions. This prominent shift not only signifies a substantial leap for Apple but also offers exciting prospects for user interaction and content development, crafting a more engaging and intuitive user experience.

Vancouver-based video game artist Jon Lam, along with other influential figures in the creative field, has criticized Apple for not providing sufficient disclosure about the sources of their AI model’s training data. The critique highlights the potential issue of unrecognized contributors being exploited. Given the potential that public artwork, such as digital games available on App Stores, could be utilized in training AI, privacy and copyright concerns arise.

Understanding the origin of training data is deemed critical, as it can foster innovation and fairness among developers and tech companies.

Apple’s AI data usage raises concerns

A transparent approach could lead to more ethical technology development, ensuring contributors to an AI model’s development are properly acknowledged and compensated.

For effective AI functionality, the usage of superior quality data is essential during the training phase. Recently, the use of approximately six billion images from the LAION-5B dataset available on the internet, has attracted criticism and given rise to legal disputes over copyright infringement.

Apple and other AI companies use AppleBot, a web crawler, to extract publicly available data from the web for AI training. While Apple has ensured to anonymize and ethically use any extracted data, its specific data sources remain undisclosed. This has raised questions about their operational transparency.

The balance between data collection for AI training and user privacy remains a challenging issue across the AI industry. An increasing consensus appears to favor more transparency about data extraction practices and usage from AI companies.

Artists such as Andrew Leung have voiced concerns over AI companies utilizing their data for AI training without prior approval and adequate compensation. The dissatisfaction among creators underscores the need for unambiguous policies regarding data usage within the AI industry. This would ensure creators’ rights, fair compensation, and resonate with healthiness in the art and AI world.

The post Artists question Apple’s AI data transparency appeared first on SmallBizTechnology.

Apple, in its defense, affirms its commitment to prioritize user privacy. Yet, it has failed to mollify the uncertainty surrounding the details of storage and use of user data. Consequently, a rising demand for stricter regulations and supervision to safeguard potential data misuse is seen.

Famous game designer Jon Lam, along with other artists, encourages improved transparency from Apple regarding data collection methodologies. They believe an understanding of the way their work is consumed by Apple’s platforms is rightfully theirs. They also express that this lack of transparency could potentially impede the success of their work.

Generative AI’s effectiveness is known to be reliant on the quality of training data. It has been rumored that various companies have been collecting internet data carelessly, without rightful consent or justifiable compensation.

Apple’s creeping data practices: a privacy concern

This practice has stirred debates on privacy and data ethics in the AI industry, along with questions on individuals’ rights whose information has been carelessly exploited.

The concept of ‘Artificial Intelligence Rights & Royalties’ was introduced in 2024 following criticisms and lawsuits filed by artists against AI firms. These lawsuits were on the account of AI companies reaping profits from artists’ creative works without fair compensation—leading to copyright violation. Consequently, AI firms came up with a transparent profit-sharing setup ensuring fair compensation to the artists. This marked the commencement of a cordial collaboration era and led to the enhancement of copyright laws in the AI music scene.

Despite the plea for an altered approach, Apple seems to conform to the non-disclosure policy of general generative AI companies. Reports suggest that Apple employs a webcrawler named AppleBot to gather public data to enhance Siri, their voice-activated assistant. Even though Apple insists on user privacy protection and AppleBot’s non-intrusion on private data, privacy concerns persist.

Apple does offer an opt-out function for AI data training, but it is usually offered post the AI model training on collected data. Content creators argue this post-collecting opt-out option as insufficient as it doesn’t address the core privacy concerns at the moment of data collection.

In conclusion, corporations like Apple may need to reconsider their data practices to ensure customer trust, with more secure, transparent, and user-friendly tools in response to the growing privacy concerns. There needs to be a balance struck between security, privacy, and convenience paving way for the digital age’s progress. The value of user privacy, amidst all tech advances, should always remain intact.

The post Apple’s AI data usage practices draw criticism appeared first on SmallBizTechnology.

To make the feature more accessible, Google is introducing a prominent button within the main interface, enabling users to easily hide select photos. This convenient change eradicates the need to move through multiple menus to secure privacy. Now, users can move photos to the Locked Folder with a single tap. This highly requested feature stands to benefit many users and improve overall functionality and convenience.

The 6.89 version of Google Photos has revamped the app interface for both Android and iOS.

Enhancing Google Photos’ Locked Folder accessibility

The Utilities button has been replaced by direct access to the Locked Folder, making it more accessible and easy to locate. The new version also introduces a shortcut to the camera from the home screen, alongside suggestion for memory collections, and album sorting options.

With the aim to create awareness and enhance usage, the accessible Locked Folder button will cater to the needs of users who share their devices regularly. Offering an additional layer of privacy, this feature ensures safety against unauthorized access – vital in our current digital landscape where personal data is frequently at risk. This move highlights the importance of data privacy and protection in device functionality and user satisfaction.

However, the visibility of the Locked Folder does present concerns around contradicting its main purpose – keeping private content hidden. The question of whether accessibility compromises the security and confidentiality originally intended is certainly worth considering. Striking a balance between convenience and discretion is something that should be continuously evaluated in light of user feedback and preferences.

Furthermore, a broader redesign is in the pipeline which plans on converting the Library Tab into Collections. The Locked Folder feature, in light of this, would be prominently positioned for increased visibility as the redesign discussions continue.

The post Google Photos enhances Locked Folder feature for user convenience appeared first on SmallBizTechnology.

Sentient, an AI research firm focused on leveraging open-source models, secured substantial funding from industry heavyweights such as Peter Thiel’s Founders Fund, Pantera Capital, and Framework Ventures. The inflow of capital highlights the industry’s faith in AI technology, also propelling Sentient’s mission to amplify open-source models and promote shared innovation.

A similar tale resonates with ORA, a startup that blends blockchain and AI for the benefit of developers. With an impressive funding of $20 million in June, backed by giants like Polychain, HF0, and Hashkey Capital, ORA aims to transform the blockchain and AI sectors while unlocking lucrative revenue streams for developers.

Cosmo Jiang of Pantera Capital underscores the growing importance of AI in business, citing their investment in Bittensor, an organization excelling at AI model creation and utilization.

Surge in AI, blockchain startups funding in June

Encapsulating the increased interest in AI-centric firms, Bittensor is positioned to be a major player in this rapidly evolving field.

Lombard, an emergent startup, successfully raised a $16 million seed fund and is working in tandem with Babylon to craft a pioneering Bitcoin re-staking ecosystem. Backed by substantial investment from firms like Polychain Capital and Nomad among others, Lombard embodies the drive to disrupt traditional cryptocurrency paradigms through advanced digital finance solutions.

Blockchain and AI-infused entertainment ecosystems have piqued the interest of investors, as exemplified by web3 startup Redacted’s recent successful $10 million funding round. Rethinking modern entertainment, Redacted’s web3 ecosystem provides secure, decentralized, and interactive platforms, with a promising outlook for further expansion.

RedStone, a notable modular oracle developer, concluded a successful $15 million funding round led by Arrington Capital, escalating its market valuation to a staggering $4 billion. This surge of investor interest highlights the ample opportunities AI and blockchain-based startups have to introduce pioneering tech products to the market.

The post June sees surge in AI, blockchain startup investments appeared first on SmallBizTechnology.

San Francisco startup, Aethero, is leading the way by including its AetherNxN computer in an upcoming SpaceX mission. Based on the Nvidia Orin processor, the AetherNxN computer will provide on-board, real-time computing power capable of handling complex tasks typically performed on Earth.

Aethero aims to enhance data processing and decision-making in space. Having an on-board computer would mean critical data can be sent directly to Earth, reducing any lag time. This advancement could potentially revolutionize space exploration.

The AetherNxN system uses a unique shielding known as Plasteel, developed by Cosmic Shielding Corporation (CSC). This 3D-printed polymer, infused with nanoparticles, is highly effective against radiation and is expected to become a standard feature in space computing.

The incorporation of CSC’s Plasteel signals a significant leap for computer hardware in space environments.

Startups deploying AI for advanced space computing

More than just radiation protection, it could feasibly enhance the lifespan and performance of electronic devices against the rigors of cosmic conditions.

CSC maintains that Plasteel can significantly reduce radiation absorption by the computer while protecting against disruptive single event effects. With advancements like this, radiation will no longer be a significant obstacle in the evolution of space technology.

The Aethero and CSC partnership aims to leverage their collective expertise to create systems capable of analyzing Earth-based data and driving deep space explorations. Both companies foresee advanced edge computing being the driving force behind future space exploration.

Yanni Barghouty, co-founder and CEO of CSC, underlined the importance of their collaboration with Aethero, suggesting it will accelerate the development of modern space technology. As the space sector continues to face challenges, these two pioneering companies aim to deliver creative and practical solutions to meet the demand.

Through this promising partnership, Aethero and CSC aspire to contribute to the evolution of contemporary space technology, thereby paving the way for an exciting future of space discovery.

The post Startups launch AI chips for advanced space computing appeared first on SmallBizTechnology.

The New York Times has unveiled a new word-based game called ‘Connections’ which is destined to challenge your logical thinking, word skills, and ability to find connections between different words.

You will be expanding your mind in this seemingly intricate game, where your mission each day is to decipher a common thread uniting varied selections of words which increases in complexity post-midnight.

Synonymous with pushing boundaries, ‘Connections’ lets you delve into an arena of words that span across disparate categories including but not limited to book titles, country names, and software. This round of mind riddles demands players to associate and group logically four words sharing a common theme out of the 16 words that are divided into four distinct groups.

The game’s cleverly crafted mechanics ensure there is just one possible, accurate combination of words, creating a challenging puzzle for every player. Additionally, any incorrect attempts count as misdemeanors in this strategic game and one bad move could flash you the dreaded words: “Game Over”.

Players are granted the simplicity of rearranging the board to detect connections with ease; moreover, each group is color-coded to signal its difficulty level.

Unpacking ‘Connections’: New York Times’ challenging game

The spectrum stretches from yellow, representing the easiest level, to the hardest level signified by purple.

In a notable move, recent iterations of ‘Connections’ have featured diverse categories like ‘Show The Way’, ‘Seen on a U.S. Dollar Bill’, and ‘First Words of Canadian Provinces/Territories’, thereby presenting a thumping mixture of navigational queries, currency knowledge, and geographic trivia.

Focusing on user engagement, ‘Connections’ accompanies its challenges with handy hints, interactive tutorials, and game guides teeming with strategies to improve player performance. For those needing further assistance, lively online forums and discussion groups exist, creating invaluable opportunities for puzzle-solvers to exchange ideas and remove doubts.

The post New York Times launches ‘Connections’, a challenging word game appeared first on SmallBizTechnology.

The much-anticipated “Apple Intelligence+” is set to be a game-changer in Apple’s long-term growth strategy by bringing advanced AI capabilities to their users. This pivotal move could transform the AI landscape and redefine how users interact with devices.

In a bid to develop a new stream of service income and potentially balance out hardware improvement lulls, Apple envisions becoming a substantial part of the blooming AI market. With the intention of expanding their partnership to include AI capabilities from providers like OpenAI’s ChatGPT, Apple stands to gain considerable revenue and facilitate transformative changes in their business model.

Fuelled by rumors of a strategic partnership with tech companies Google and Anthropic, Apple is expected to integrate their AI offerings into Apple devices. This collaboration might be made public with the launch of Apple Intelligence alongside the release of iOS 18, iPadOS 18, and macOS Sequoia this fall.

While exploring collaborations with various AI service providers, Apple has consciously decided not to associate with Meta, Facebook’s parent firm, chiefly due to privacy concerns.

Apple’s shift towards AI subscription services

As they continue to expand, Apple is investigating possibilities to provide AI facilities in regions where such services are sparse or non-existent, working towards the global accessibility of AI support.

Among anticipated updates are iOS 17 and macOS Sonoma which promise significant changes to Mail, Photos, and Messages through the addition of Apple Intelligence capabilities. The forthcoming M1X chip in the MacBook Pro is set to confer outstanding processing power and graphics performance. Wellness enthusiasts can look forward to the Apple Watch Series 7 with its advanced health monitoring potential and the upcoming generation of AirPods that will optimise spatial audio capabilities.

Emphasising user experience and technological innovation, Apple aims to address the needs and lifestyles of its users, and maintain its consumer base loyalty engaged. The company’s efforts in regular updates and advancements extend across platforms, including iPhone, iPad, and Mac, demonstrating their dedication to uphold quality standards and stimulate purchasing decisions. Through these initiatives, Apple aims to increase its global presence and ensure customer satisfaction.

The post Apple explores subscription-based AI services model appeared first on SmallBizTechnology.

The instigator of the game, Wynna Liu, an assistant puzzle editor, has made it accessible on various platforms, including the web and mobile devices. With compatibility across numerous devices, it attracts a diverse range of puzzle lovers across the globe. The game not only enhances interaction but also aids in vocabulary development.

In each round, players encounter four words that share a common trait. These words are split into four categories such as book titles, software, or countries.

Exploring ‘Connections’: The New York Times’ engaging daily word game

Each group of words holds a unique attribute that needs to be decoded. Beyond figuring out the shared attribute, players must also discern the connection among the four categories.

Despite these tasks seeming convoluted, the game allows permutations and combinations to facilitate discovery of the correct word arrangement. Simultaneously, it ensures a healthy challenge is maintained by ending the game if a player makes four consecutive mistakes.

An exciting aspect of the game is the color-coded difficulty tiers. From the simplest level denoted by yellow, it scales up through green and blue, culminating in the most challenging level represented by purple.

Daily new puzzles accompanied by helpful hints ensure players are not left disheartened by unsolved ones. This ensures players maintain enthusiasm and look forward to tackling a fresh challenge each day. The hints work as useful guides in their journey towards the solution, making the game a mix of joy and lesser stress.

The post New York Times introduces daily word game ‘Connections’ appeared first on SmallBizTechnology.

Customers interested in the devices like Galaxy Z Fold 6, Flip 6, Watch 7, or Watch Ultra are offered a $50 credit on pre-booking, providing a introduction to even larger savings. Pre-order for any of these devices will give buyers a headstart into Samsung’s imminent launching phase.

The exciting pre-orders for Galaxy Z Fold 6 and Flip 6 could potentially include benefits up to $1,500. This significant saving offer begins with the $50 credit on pre-booking, regardless if the purchase post-reservation happens or not. To sweeten the deal, both products also offer a $200 Samsung credit which bolsters trade-in offers leading to a hefty $1,500 bonus.

Samsung’s reintroduced double storage promotion adds further financial benefits.

Samsung’s enticing savings for upcoming releases

This deal doubles the storage capacity of the chosen model, a feature valued by Samsung at up to $240. Coupling this with a free Samsung Care+ package for a year, valued at a maximum of $156, customers stand the chance to make a total saving of $446.

The ‘$1,500 savings’ comes mainly from Samsung’s device trade-in program, with Samsung offering as much as $1,200 as trade-in value. This is likely to be highly beneficial for upcoming Fold 6 buyers and other recent model pu​rchasers. Notably, the trade-in value relies on the condition and model of the device exchanged, hence not all devices will be eligible for the maximum trade-in value.

Samsung’s Galaxy Z Fold 6 and Flip 6, with potential savings of over $1,500 from trade-ins and extra benefits, are planned to release on July 10. Samsung’s ambitious promotion has already generated much anticipation for their new foldable phones and represents a much more compelling offer compared to past deals. This strategy showcases Samsung’s commitment to securing a robust presence in the innovative smartphone design market.

The post Samsung’s upcoming releases offer significant savings appeared first on SmallBizTechnology.

The savings plan starts with a $50 reservation incentive, which is immediately credited to the buyer’s account upon pre-order. Additionally, the plan offers further savings via promotional campaigns such as Samsung’s double storage offer potentially leading to a reduction of $240.

There’s also a complimentary year of Samsung Care+ included, valued at $156. The most significant chunk of the total savings—amounting to $446—is derived from trade-in programs aimed at recent models like the Fold 5 and Galaxy S24 Ultra, with Samsung offering up to $1,200 in trade-in value.

Furthermore, Samsung’s offer includes a $50 credit upon reservation, the possibility of up to $1,200 savings from trade-ins, $240 from the promotion for double storage, and a year of free Samsung Care+.

Pre-order savings for Galaxy Z Fold 6 and Flip 6

This could lead to total benefits of over $1,500 in savings.

The only parts of this offer that directly decrease the product’s price are the trade-in savings and reservation credits. Other benefits like extended warranties or access to special features increase the product’s overall worth rather than directly reducing its upfront cost.

The Galaxy Z Fold 6 and Flip 6 devices from Samsung are scheduled to launch on the 10th of July, which could be an opportunity for consumers to make significant savings. These models not only reflect the most recent tech advancements, but they also present a cost-effective option for those who are considering an upgrade to their devices.

The post Samsung offers substantial pre-order savings for Galaxy Z Fold 6 and Flip 6 appeared first on SmallBizTechnology.

The Indian AI scene faces unique challenges, such as understanding their audience’s adaptability to new technologies. However, these obstacles haven’t dampened the fascination and need for AI solutions in India, a country that provides an extensive data collection ground for training AI systems

However, the aspiration to expand to the heavily competitive U.S. market calls for differentiated and robust AI solutions. Still, Indian AI startups seem confident in their ability to step up to the plate and go global.

Yet, financial roadblocks persist.

Indian AI startups targeting international growth

Tracxn data reveal that AI investment in India fell dramatically by almost 80% to $113.4 million in 2023 from $554.7 million in 2022. In contrast, investment in U.S. AI startups surged approximately 211% to $16.2 billion in 2023 from $5.2 billion in 2022.

This stark contrast points to a need for more concerted efforts and policy interventions to make India a more attractive destination for AI investments. To keep up with global advancements, India will need to address these funding challenges and invest in strategies such as education, skills development, and policy changes.

Despite these hurdles, Lightspeed Venture Partners India’s Dev Khare sees promise in India’s potential for consumer-driven AI applications focusing on virtual influencers, content creation in local languages, and AI-generated games and videos. He bases his optimism on the vast internet user base in India, second to only China.

In the last 18 months, Lightspeed India and SEA have poured over $150 million into AI, illustrating their steadfast commitment to AI’s potential. This includes new investments and added funds for AI-integrated existing ventures. Startups such as Krutrim and Sarvam AI stand out. While Krutrim has secured $50 million and is planning a significant language model for Indian languages, Sarvam AI aims to offer expansive generative AI solutions with an inspiring funding of $41 million.

These innovative companies reframe the role of AI technology in India, creating not only opportunities but also a roadmap for future AI ventures locally and globally.

The post Indian AI startups eyeing global expansion despite challenges appeared first on SmallBizTechnology.

Mark Cousin, Universal Hydrogen’s CEO and Chairman, announced the company’s shutdown after unsuccessful attempts to secure fresh investment. Lack of new funding led to halting operations and the dissolution of the company, thereby significantly impacting the sustainable travel sector.

Paul Eremenko, founding CEO of Universal Hydrogen and former CTO at Airbus had resigned from his post back in April. He, however, continues his association with the company as a paid advisor. Despite the shift in roles, Eremenko’s vast industry knowledge remains a great asset to the company. The ambitious goal of Universal Hydrogen in hydrogen aviation stays resolute through the corporate restructuring.

Universal Hydrogen was majorly engaged in developing hydrogen-fuel-cell propulsion modifications for commercial aircraft, along with plans for retrofitting existing aircraft with their innovative engines.

US air mobility’s pause in sustainable propulsion

They aspired to significantly reduce aviation emissions by replacing conventional fuel sources with hydrogen. Moreover, planned collaborations with notable manufacturers like Airbus and Boeing demonstrated the company’s ambitious goal of achieving carbon neutral aviation.

Universal Hydrogen made a remarkable stride in March 2023 when they successfully tested a flight powered partly by a hydrogen fuel cell powerplant. This trial involved replacing conventional engines with their innovative powertrain on a commercial aircraft. It marked significant progress towards their goal of commercializing hydrogen-powered flights by 2025. Their plan of retrofitting all engines with similar technology demonstrates the immense potential of hydrogen fuel in aviation.

But unfortunately, financial constraints following lack of requisite funding, have led to a halt in these advancements. This setback has slowed down operations, delayed product launch and affected overall project development. There are concerns that this pause may allow rivals to gain market share. Despite these challenges, the management remains optimistic about finding new funding avenues to revive the stalled initiatives soon.

The post Setback for US air mobility as Universal Hydrogen ceases operation appeared first on SmallBizTechnology.

The robust growth of the Israeli tech market is exemplified by these impressive fundraising figures. Major contributors include venture capital firms, angel investors, and international technology companies drawn to the innovative landscape of Israel. Healthcare, cybersecurity, and fintech became the sectors attracting the majority of investments.

The overall tech sector investment in the first half of 2024 experienced an increase of 36% compared to the same period in 2023, hitting $4.5 billion. Investments targeted predominantly early-stage startups, but growth ventures also secured substantial funding. The funds were primarily distributed among startups engaging in AI, IoT, cybertech, and biotech.

Other than early-stage startups, a significant portion of the investment went into growth-stage companies. Despite the current economic conditions, the surge of investment is a positive indicator of the persistent strength of the Israeli tech ecosystem.

June witnessed Insightec’s $150 million funding round, Semperis’s $125 million round, Fetcherr’s $90M deal, and Zencity’s $40 million investment.

Israeli tech startups’ funding success in June 2024

Even after reducing its workforce by 20% six months prior, healthcare tech firm Insightec managed to secure significant financing. AI retail forecasting platform Fetcherr followed closely with a $90 million deal, while Zencity, a platform for local governance decision-making, also had a successful round with $40 million funding.

These notable funding rounds send a clear message of strong investor confidence in the tech industry. Most notably, Insightec, despite downsizing, garnered massive funding, showcasing their potential value and investor trust.

Another successful funding story comes from Sensi.AI, a company offering audio-based technology to assist seniors live independently. Despite the loss of a key team member due to an internal conflict, the company managed to secure $31 million in a Series B round.

Scoring unicorn status after raising $125 million is Semperis, which coincided with a leadership reorganization in preparation for a likely IPO. This shows a considerable surge in demand for advanced security solutions in this digital age.

Perhaps the true validation of Israel’s tech industry maturity comes with the flurry of funding obtained by other startups. These include Illumex, an AI platform tackling data silos, PointFive, a cloud cost optimization software provider, and Entro Security, which offers an identity management platform for non-human users. Each of these startups secured funding rounds ranging from $5 to $35 million, putting them in a prime position for future industry transformation.

The post Israeli tech startups secure over $556M in June 2024 appeared first on SmallBizTechnology.

The ‘Live’ section of Google TV, after a comprehensive overhaul last year, now hosts over 800 free TV channels across a range of genres. The acquisition growth of these free channels offers a diverse selection of content and marks a change in Google TV’s marketing strategy. This transformation has appealed to a vast audience by providing easy access to a variety of programs at no cost.

Google TV’s Free Ad-Support Television (FAST) channels model heavily relies on partnerships with Tubi, Plex, Pluto TV, and Haystack. Many of Google’s channels have been incorporated under the ‘Live’ section, providing viewers with accessible content without any need for third-party apps.

Expanding Google TV’s free channel range

Additionally, the integration of FAST channels has revolutionized the ‘Live’ section, offering a more diverse selection, and creating a more streamlined viewer experience.

To access specific channels from content partners, users might need to install the relevant app or register a free account. In some cases, a subscription plan is required. Content restrictions may necessitate the use of a Virtual Private Network (VPN) or activation of parental controls.

Google’s FAST channels are a vital method for generating ad revenue. Google plans to establish a Google TV network exclusively for advertisers promoting their products or services on these channels. Creating this network will allow advertisers greater visibility and reach. This strategy could lead to a substantial increase in ad revenue and potentially result in an increase in the number of free channels available, ultimately enriching the viewer experience.

The post Google TV expands free channel availability appeared first on SmallBizTechnology.

‘Connections’ involves grouping four words that share a unique relationship from a total of 16 words divided into four categories. The goal, not only to discern the relationship between the words, but also to do so swiftly for bonus points, making both accuracy and promptness crucial to success.

The game interruption after four incorrect guesses creates a thrilling experience. For a less challenging gameplay, players have an option to shuffle the board and reorganize the groups.

Exploring ‘Connections’: New York Times’ mental fitness game

This provision assures that the game appeals to both novices and experienced puzzle solvers alike.

To guide players through the gameplay, hints are provided for each puzzle. For instance, on June 30, clues were given pertaining methods to ignite a grill, different types of trees, and typical parts of a hot tub. These clues led players to decipher categories such as ‘Grill Fuel Sources’ and ‘Hot Tub Components.’

Explicit answers were also given for the June 30 puzzle, grouped into categories like ‘Old Saying,’ ‘Grill Fuel Sources,’ ‘Types of Trees,’ and ‘Hot Tub Components.’ Each category comprises of four related words, making the gameplay even more intriguing and educative.

Despite potential occasional roadblocks in puzzle-solving, ‘Connections’ ensures a fresh set of challenges, guaranteeing players a continual influx of mental workouts, all accompanied by the New York Times’ unwavering support. The innovative game promises to not only stimulate players mentally but also promote a broader understanding of language.

The post New York Times introduces ‘Connections,’ a mental fitness game appeared first on SmallBizTechnology.

The Honor Magic V3 distinguishes itself by featuring Qualcomm’s Snapdragon 8 Gen 3 chipset, the presence of which among foldable devices is rare. The high-end specs of the smartphone highlight the growing advancement of foldable technology.

Even though Honor has not officially confirmed any successor for the Magic V3 on a global scale, anticipation prevails among tech enthusiasts who are on the lookout for a new model.

Rumors and leaks about the Magic V3 suggest that it will weigh around 220-230g and measure 6-7mm in thickness, a notable reduction from its predecessor model.

Honor Magic V3 global launch anticipation

The leaked data signals a stark advancement in design, geared towards a compact and sleek aesthetic than ever before.

Notable features of the Magic V3 includes Qualcomm’s chipset, a slimmer USB Type-C port for 66W wired charging, a robust 5,000mAh battery, and a 50MP camera. Furthermore, the device is rumored to offer satellite connectivity, though this feature could be exclusive to the Chinese market.

Despite the lack of an official launch date, industry insiders perceive a public reveal slated for early to mid-July, followed by global shipping from late July or early August. Predicted enhancements include a sleek design and advanced tech improvements, thus promising a significantly improved user experience.

As the company chooses to remain silent about these rumors, it only fuels the anticipation among potential customers and tech enthusiasts who are eagerly looking forward to further announcements about the device’s specifications, pricing, and availability.

The post Honor Magic V3 global shipments begin 2024 appeared first on SmallBizTechnology.

The delay arose due to unforeseen safety concerns during testing. The additional time is being invested in refining the model’s content appropriateness mechanisms and enhancing user interactions. Despite the initial timeline, safety precautions have taken priority, leading OpenAI to continue honing the model until it meets the highest standards.

As it currently stands, the new voice capabilities will only be accessible to a select group of users in the following month. This pause in release has led some users to temporarily stop using it, opting to hold out for the refined version.

OpenAI stresses, however, that the delay is linked to the completion of extensive safety and reliability tests, specifically pertaining to the voice features. The development of other features such as video and screen sharing capabilities remain unaffected by the delay.

The Advanced Voice Mode, once available, aims to offer users an enhanced level of interaction with AI.

Postponing advanced voice features for OpenAI safety

It seeks to provide quicker, more organic discussions, responding not just to verbal inputs, but also to emotional and non-verbal cues. This could significantly enhance the user experience by making interactions with the AI feel more realistic and human-like.

However, the delay has sparked a variety of responses from users. Some reactions have been peppered with disappointment, leading to decisions as drastic as cancelling premium subscriptions. As potential benefits of the refined model are weighed against the inconvenience of the delay, the challenge of managing user expectations becomes apparent.

The last upgrade in 2023 led to significant improvements in ChatGPT’s conversational proficiency. With more expressive AI responses and better speech comprehension, it marked a significant improvement over previous models. Stepping into a new era of AI communication, OpenAI continues to strive for richer, more impactful conversational experiences.

The post OpenAI delays advanced voice features for safety appeared first on SmallBizTechnology.

Steam launches new in-game video recording tool

Steam has introduced a groundbreaking game recording tool, currently in beta version integrated with the Steam Deck device.

This tool permits players to capture and replay their gaming highlights without needing third-party software.

It operates discreetly in the background, ensuring an unaltered gaming experience whilst being compatible with computers and Steam Deck.

Recording tool’s potential

This tool has a myriad of uses, from capturing winning strategies and epic fails to creating sharable content for social media directly from the player’s Steam library.

Despite being in its beta phase, it offers options for resolution, frame rate, and audio controls, enabling user customization.

Furthermore, this innovative software can also be used by game developers to document footage from their games for promotional purposes.

User customization and Steam Timeline

Offering significant flexibility, users can customize the tool to captivate audiences with their gaming skills or record extended gameplay, catering to the players’ individual preferences.

Moreover, the tool is equipped with a “Steam Timeline” feature allowing players to mark stand-out in-game moments to revisit later.

Currently included in Counter-Strike 2, this feature permits even more strategic gameplay by pinpointing and studying key sequences.

Privacy and versatility

Equal emphasis is placed on user privacy, the tool only records in-game activity, and audio channel selection for recording is left to user preference.

Once recorded, clips can be personalized with text overlays, video speed adjustments, and more, before conversion to MP4 format.

The tool even allows for recordings to be scheduled, initiating the record process automatically based on user preference.

Efficient design and future improvements

A cautious consideration of system resources has been included in the design of the recording tool to ensure smoother gaming.

The tool mainly utilizes NVIDIA and AMD graphic cards to minimize system performance costs associated with video recording.

If lacking these, CPU usage may be affected, hence the recommendation to update graphic card drivers or consider improving CPU for better efficiency.

Moving forward, Steam plans to continually improve this tool, integrating individual game settings, and more enhancements following their official game controller launch.

These upgrades signify Steam’s dedication to providing superior gaming experiences, underscoring a year of considerable advancements for this digital gaming titan.

The post Steam debuts in-game video recording tool appeared first on SmallBizTechnology.

Openstory’s founder, Vinh Nguyen, joined Ava Protocol’s team as a system architect following the acquisition. His expertise is expected to come into play in integrating Openstory’s innovative features with Ava Protocol. The move is part of a broader strategy to bolster Ava Protocol’s global market productivity and competitiveness.

Founded as Oak Network in 2021, Ava Protocol initially aimed to innovate self-governing transactions within the Polkadot blockchain. The company has since shifted its focus to extend support across multiple blockchains.

Ava Protocol’s strategic acquisition of Openstory

Ava Protocol’s mission is to create a universally integrated protocol for users regardless of their chosen blockchain platform.

The acquisition of Openstory, also launched in 2021, is expected to significantly enhance Ava’s capabilities. Openstory’s expertise in real-time data analytics and handling on-chain data will benefit Ava Protocol’s Ethereum Virtual Machine (EVM) chain management.

The partnership with Openstory is anticipated to improve Ava Protocol’s automation solutions. Furthermore, it’s expected to enhance scalability, contributing to speedier Ethereum blockchain transactions. The collaboration solidifies Ava Protocol’s industry position and highlights important progress in blockchain technology implementation.

Ava Protocol recently garnered a total investment of $10 million, from contributors that include Electric Capital, GSR, and Greylock Partners. The financial support gathered through multiple funding stages bolsters Ava Protocol’s capacity for technological advancements and market expansion. With such strong support, Ava Protocol is poised to make significant strides in the digital currency industry.

The post Ava Protocol acquires Openstory to enhance blockchain automation appeared first on SmallBizTechnology.

The integration of Multi’s technology aims to strengthen OpenAI’s communication dynamics, facilitating more efficient remote collaborations for global teams. This aligns with OpenAI’s strategic vision of fostering innovation and maintaining its competitive edge in the AI industry.

Aside from acquiring Multi, OpenAI is also exploring ways to enhance the relationship between humans and computers. The organization is devoted to creating an innovative cooperative shift in business practices, believing that the fusion of human capabilities with computer processing powers could lead to groundbreaking advancements.

Multi, previously known as Remotion, specialized in screen-sharing and workspace software for Mac users. However, following the acquisition by OpenAI, Multi will cease operations and completely wipe all client data by July 24th.

Multi’s team will join OpenAI’s forces to develop the ChatGPT desktop application.

OpenAI’s strategic acquisition of Multi

Co-founder of Multi, Alexander Embiricos, advocated for users to provide feedback on the tool’s performance, aiming to refine its capabilities based on user insights. Their collaboration is perceived to increase the application’s efficiency, paving the way for more natural and conversationally fluent AI.

OpenAI revealed its ChatGPT desktop app for Mac users is now universally accessible, sparking speculation about potential software enhancements using Multi’s prowess. However, this has raised concerns about privacy issues, especially given the ability of the application to access on-screen content. OpenAI, in response, affirms that user privacy and data security remain their top priorities.

Despite recent criticisms regarding OpenAI’s transparency and its controversial board appointments, the firm remains steadfast in its commitment to advancing AI in ways that benefit humanity. OpenAI continues to attract top-tier talents and forms partnerships with leading technology corporations, always keeping in mind the progress of artificial intelligence.

The post OpenAI acquires screen-sharing firm Multi appeared first on SmallBizTechnology.

This vital financial backing will help fast-track the growth of promising projects. Adopting Solana’s blockchain technology, Colosseum aspires to open fresh pathways for innovation for diverse businesses.

Colosseum’s mission is to aid early-stage businesses that have demonstrated potential at Solana Hackathons, offering guidance and necessary tools to accelerate their growth.

The goal isn’t just to assist these start-ups in flourishing, but also to cultivate a rich, innovative ecosystem within the business industry.

The fund has surpassed expectations, shifting its focus towards early-stage investments. This diversification strategy targets start-ups in their initial development phases, promoting innovation and ensuring their eventual growth and success.

Budding entrepreneurs eager for finances can look forward to this prioritization of early-stage investments as a potential pathway to achieving their dreams.

Clay Robbins, Co-creator of Colosseum, noted that limited partners often trust in the team’s perseverance when weighing up the future potentials of their business models, instead of focusing solely on a specific ecosystem.

In Colosseum’s framework, hackathons play a pivotal role.

Colosseum’s funding surge for Solana-based start-ups

They provide a setting where innovation meets foundation, spurring rapid progression and the establishment of new firms. Hackathons incubate innovative ideas and create a supportive environment for tech enthusiasts, programmers, and entrepreneurs.

So far, Colosseum has dedicated funds to 11 companies, investing a total of $2.75 million. A significant contribution came from Bonk DAO who committed $500,000 earlier this year, reflecting a strong belief in the potential of these emerging organizations and contributing to the company’s continued investment initiative.

The post Colosseum raises $60 million to boost Solana start-ups appeared first on SmallBizTechnology.

A subsequent meeting was held on July 2, 2024, to discuss the negative feedback and subpar performance of the product. The company resolved to conduct thorough tests and improvements on the laptop.

By August 10, an intense product enhancement process had started, aiming to solve the product’s flaws. Experienced engineers set out to boost the laptop’s efficiency and adjust its AI capabilities.

On September 30, 2024, the company confirmed significant improvements in the laptop’s performance, including processing speed, power-efficiency, and AI responsiveness.

The revised version of the laptop was re-released on October 28, 2024, to positive reviews, marking a successful recovery from initial setbacks. By November 16, 2024, the device had not only regained its reputation but also recorded impressive sales.

The laptop excelled in office-related tasks and had impressive battery life, retaining 76% of its battery charge even after two hours and 36 minutes of screen usage. However, it had a limited storage capacity that filled up quickly for users needing to store large files.

Despite the exceptional battery life, performance, and user-friendly design, the laptop struggled with advanced gaming graphics, high-load programs, and certain widely used social media apps like Instagram and TikTok. These limitations raised doubts about its suitability for non-business purposes.

The laptop worked well with native ARM applications but struggled due to heavy reliance on Microsoft’s Prism emulator layer.

Overcoming setbacks: Surface laptop’s journey

Users experienced noticeable lags and glitches when running apps like Libre Office, Lightroom Classic, Discord, and Asana, and the battery drained significantly faster.

In response, the company has pledged updates to improve emulation performance and increase the number of natively supported apps. This will hopefully solve usability issues that can hamper productivity, despite longer battery life and a sleek design.

While it runs established apps like Photoshop, Slack, Spotify, and Zoom without severe problems, minor issues like black screens, unexpected slowdowns, app freezing, and system crashes highlight the need for software enhancements and optimization. The company’s software developers are currently working to rectify the persisting glitches.

Yet, despite the promising progress, there are concerns about the future of the new Surface laptop, especially for users who rely heavily on apps without native ARM versions. This points to areas in need of improvement. Industry professionals underline the urgent need to resolve these challenges to ensure ARM devices meet user expectations.

Despite the promising advantages of ARM technology, app compatibility issues need to be mitigated. Addressing these hardware-software discrepancies remains a critical priority to maintain and potentially increase the market share of ARM-based devices. The ongoing situation underscores the need for comprehensive testing, user experience-oriented design, and clear communication about device capabilities and limitations.

The post Surface laptop overcomes initial setbacks, limitations remain appeared first on SmallBizTechnology.

The beta version of the updates is set to launch in the coming months, with the official release slated for end of the year. The move signifies Apple’s commitment to meet the evolving demands of tech-savvy consumers, while maintaining its lead in the tech industry.

The drive-formatting feature, discovered by developer Kaleb Cadle, allows users to format external drives directly from their handheld devices, something that was only possible via a Mac’s Disk Utility previously. This indicates Apple’s focus on delivering a user-friendly experience, while gradually incorporating features usually found in high-powered workstations.

It’s worth noting that some features from the Mac’s Disk Utility, such as Restore and First Aid, are missing from the iPadOS 18’s file erase function.

Upcoming Apple updates include drive-formatting feature

Instead, users have access to options like Empty Trash Automatically and Quick Actions. However, these file management tools lack the advanced diagnostics and repair capabilities.

Historically, iPhone and iPad users weren’t provided with file system access, but increasingly, both devices are mirroring Mac features, especially with the introduction of the Files application. This growing similarity allows users to manage files on iPhones and iPads much like on traditional computers.

The introduction of formatting features on handheld devices is a departure from Apple’s philosophy of user simplification and is indicative of changing norms for mobile usage. This trend demonstrates a larger acceptance of technology and willingness to engage with more complex functions. However, it is crucial to maintain a balance between advanced functionality and user-friendliness.

The inclusion of this advanced feature reflects Apple’s dedication to meet user expectations and constantly innovate handheld device capabilities. Furthermore, it underscores Apple’s commitment to creating high-quality products, maintaining their competitiveness and relevance in the dynamic tech market.

The post Apple unveils drive-formatting feature in upcoming updates appeared first on SmallBizTechnology.

The OnePlus Nord CE4 Lite 5G features a 6.67-inch 120Hz AMOLED display, OnePlus’s specialized “Aqua Touch” technology, and operates on the latest Qualcomm Snapdragon 870 chipset. It also offers a special gaming mode and 256GB storage capacity.

The camera specifications include a quad-camera setup with a 48MP main camera, a 16MP ultra-wide lens, an 8MP telephoto lens, and a 2MP macro sensor. Initial reviews rave about its low-light and night-time photography abilities despite lacking an official ISO photography rating.

The device runs on OxygenOS based on Android 11, and comes with standard connectivity options and a USB Type-C port. It’s powered by a sturdy 4,500mAh non-removable battery, a feature that supports Warp Charge 65T, OnePlus’s proprietary fast-charging technology.

While the OnePlus Nord CE4 Lite 5G doesn’t yet have an official water and dust resistance rating, its “Aqua Touch” technology guarantees responsive touch functionality even when the screen is wet.

The device strikes a perfect balance between superb camera setup, impressive display, and high-performance chipset, though consumers may prefer to wait for the official water and dust resistance rating to be confirmed.

The phone also comprises an integrated speaker, a 3.5mm headphone jack, and is powered by a Qualcomm Snapdragon 695 processor.

Affordable OnePlus Nord CE4 Lite details

It has an ample storage space of 256GB and supports dual SIM functionality and 4G LTE networks. AI-enhanced features are included, making the overall user experience smoother and more efficient.

The Nord CE4 Lite 5G showcases a triple-camera setup, in-display fingerprint sensor, and supports 5G connectivity. It also features a Corning Gorilla Glass panel for enhanced durability and scratch resistance.

In conclusion, with its long-lasting battery, high-performing camera, expanded storage, and chic design, the Nord CE4 Lite 5G delivers an optimal user experience. However, prospective buyers need to consider compatibility with their network provider before purchasing.

The OnePlus Nord CE4 Lite 5G will be available in two colours – “Super Silver” and “Mega Blue”. It is priced at £299 or €329.

For further information about the phone’s features or purchasing procedures, customers are advised to visit OnePlus’s official website or contact their local vendors.

The post OnePlus Nord CE4 Lite 5G: Affordable performance appeared first on SmallBizTechnology.

Established in 2015, Breega has amassed four funds totaling $700 million over its five successful years. Their latest project—the sixth fund, uniquely targets the African markets. Named “The Africa Seed I” fund, Breega ventures to raise an additional $100 million for the project.

Breega’s $75M fund targets African startups

The firm is known for its decisive focus on tech-based startups, planning to use the fund to stimulate the growth of ambitious, promising African businesses.

In their strategy to amplify their reach, Breega opened two more offices in Lagos and Cape Town—Africa’s technological hotspots. This extends the firm’s territory across the EMEA region, consolidating its dominion in tech-startup financing. Breega also recently established two additional offices in Berlin and Stockholm, underscoring their commitment to foster global technological advancement.

Known as a ‘founders-for-founders’ fund, Breega invests at every phase from pre-seed to Series A. Their team of experienced professionals, mostly former founders, leverages their knowledge to effectively support entrepreneurs during the critical initial stages of a startup. The firm provides not only funding but also essential business insights and extensive industry networks.

The creation of the African fund remains a significant move for Breega. The firm’s strategy includes diversifying its investments across various African countries including Nigeria, Egypt, South Africa, Kenya, Morocco, Senegal, and the Ivory Coast. Breega intends to fund forty more startups through this new funding pool, spearheading investments during the early stages and offering continued support through a dedicated team.

The post Breega announces $75M fund for African tech startups appeared first on SmallBizTechnology.

Among the U.S. companies that appear to be significant springboards for these startups, Google stands out, fostering the early stages of 11.3% of all generative AI firms in Europe and Israel. Facebook is shown to be instrumental in the rise of 7.8% of these startups, with Microsoft and Apple trailing behind, contributing to 6.3% and 4.1% respectively.

Generative AI, a steadily emerging sector, focuses on developing models that utilize massive content databases. Accel’s survey, canvassing 221 generative AI firms in Europe and Israel, found that 25% were spearheaded by individuals who once walked the halls of leading AI research lab, DeepMind.

U.S. influence on European AI success

Despite being relatively new, these companies have managed to secure over $2.3 billion in funding.

When considering venture funding, 38% of the top 40 generative AI companies in Europe and Israel have founders connected to DeepMind. This figure jumps dramatically to 60% when considering only the top 10 organizations, based on their funding amounts.

Harry Nelis of Accel posits that these AI startups benefit from their founder’s experience in major tech businesses, by gaining an innovative mindset, financial stability, computational capacity, and access to abundant data reserves. They are not only revolutionizing various industries by introducing advanced AI technologies but are also shedding light on new paradigms of innovation.

It’s an exciting time for AI enthusiasts, Nelis asserts, with the field offering significant growth opportunities, consistent advancements and discoveries. He also anticipates that generative AI will eventually become an integral part of society, transforming it in profound ways.

The post U.S. tech giants inspire successful European AI startups appeared first on SmallBizTechnology.

The settlement reached last Friday, estimated at over $50 million, offers complainants a calculated share of the company’s current and future worth. This novel approach to settlement paves a new path in corporate litigation. Approximately $20 million will be withheld for legal costs, affirmed by Judge Sharon Johnson Coleman of the Northern District of Illinois.

The settlement culminates several nationwide suits challenging Clearview’s use of images from the internet to create a far-reaching facial recognition database. Critics have voiced concerns over potential misuse and false identifications, while lawsuits in various states accused Clearview of privacy law infringement.

Clearview AI’s significant privacy lawsuit settlement

The settlement confirms the company will modify its data collection methods for stricter adherence to privacy regulations.

Despite the settlement, Clearview continues to deny any liability and will sustain collaboration with law enforcement outside Illinois. Following a 2022 Illinois decision stating Clearview infringed on individuals’ privacy rights, the company stopped selling database access to private entities. The company reiterated the legal nature and vital role of its services in law enforcement while committing to modify service provision. This change, however, does not extend to law enforcement bodies.

James Thompson, Clearview’s legal representative, has expressed satisfaction with the settlement, citing it as a creative resolution to Clearview’s financial predicament. Jon Loevy, the attorney for the plaintiffs, praised his team’s perseverance, and how the case signifies the fortitude of rule of law in intricate corporate settings. Both legal representatives continue to show unwavering support to their respective clients, exemplifying justice in its purest form.

The post Clearview AI settles privacy lawsuit, changes data policies appeared first on SmallBizTechnology.

The strategic partnership aims to triple Zilch’s sales and move it closer to an initial public offering (IPO). The ultimate target is not merely to enhance sales but to elevate Zilch’s market presence and value for a comprehensive growth approach.

Zilch has presented the debt-financing agreement as a securitisation, hinting at the potential for pooled loans. This innovative approach showcases Zilch’s commitment to diversifying their financial portfolio and enhancing liquidity.

The agreement equips Zilch with an enormous credit maximum of $315 million.

Zilch secures significant financing boost

The considerable funding can be harnessed for various business operations as per Zilch’s needs. This significant safety net promises to bolster the company’s endeavours.

Previously, Zilch relied on a private lending group for its payment plans. However, the recent partnership with Deutsche Bank carries more flexible terms that meet Zilch’s growing finance requirements. This transition also signifies Deutsche Bank’s faith in Zilch’s business model and future.

As per Philip Belamant, Zilch’s CEO, this agreement is a milestone in the company’s evolution, propelling them into the “big leagues”. He perceives this transformative moment as proof of the company’s ongoing progress, propping them onto a larger stage in the business world.

The post Zilch secures $125 million debt-financing from Deutsche Bank appeared first on SmallBizTechnology.

SoFi’s strong customer experience and technology enhancements reassure investors of a recovery plan to regain its leading industry position. The platform currently has over 8 million active users, a significant rise from 1 million in 2020, largely due to the attractive 4.6% annual interest rate on deposits which outstrips main competitors like Bank of America and Chase.

The company’s diverse range of services includes credit and debit cards, brokerage features and a variety of consumer loans. A primary source of revenue is from their substantial loan portfolio mainly consisting of personal loans. In a recent quarter, the lending department reported $330 million in net revenue.

SoFi’s stock dips amidst fierce competition

With additional products like wealth management solutions and insurance products, SoFi continues to attract a large number of customers.

Despite a previous struggle with profitability, SoFi reversed this trend in the last quarter by reporting an $88 million net income on a total net revenue of $645 million and a 44% annual increase in customer base. The $59 million of the last quarter’s net income, however, was as a result of a singular debt cancellation, not from regular business activity. Therefore, excluding non-operational gains, SoFi’s Q1 net income is significantly less at $29 million.

Currently, SoFi has a $7.4 billion market capitalization and a forward price-to-earnings ratio of 43. Investors need to be aware of these ratios and the factors influencing them before making an investment. Understanding SoFi’s goal to increase their customer base in the next five years and the potential overvaluation due to optimistic future revenue forecasts is important for any investor looking to make a well-informed decision.

The post SoFi stock struggles amidst fintech industry competition appeared first on SmallBizTechnology.

Notably, this trend significantly contributes to the success rate of these startups, with most of them receiving substantial funding and pioneering AI technology breakthroughs. The study also emphasizes the essential role of robust support networks in fostering such emerging tech startups.

Among the top-tier generative AI companies in these regions, 60% were founded by veterans of large American tech firms who utilized their vast industry knowledge and established connections to kick-start their businesses.

These AI ventures are predominantly backed by traditional venture capital firms, indicating strong faith in the future of generative AI technology. Impressively, these companies have collectively raised over a billion dollars in funding.

Pioneer U.S. companies, especially Google, have an essential influence on AI, according to Harry Nelis of Accel.

Silicon Valley experience aids European, Israeli AI firms

As the evidence shows, 11.3% of AI startup founders in Europe and Israel are Google alumni, highlighting Google’s impact as a thought leader in AI.

The study findings also indicate that 25% of generative AI firms throughout Europe and Israel were founded by ex-employees of notable tech companies, a percentage that increases to 60% when looking at the most funded startups.

Nelis lauds these startup founders for their intellectual prowess and business culture, arguing their early entry into the fierce AI industry provides them with a substantial competitive edge. Coupled with their innovative approach and determined resolve, these qualities set the startups apart and underpin their dominant industry position.

This trend indicates potential opportunity for tech professionals contemplating to start their own business in the thriving AI sector. The advancements in AI technology offer numerous prospects for innovative entrepreneurs to tap into this market and generate significant revenues. AI’s generative capabilities provide unique services to consumers and businesses alike, offering novel business opportunities for ambitious individuals.

The post Silicon Valley veterans boost European, Israeli AI startups appeared first on SmallBizTechnology.

Truss, a tech startup backed by a £1m fund from the UK government’s innovation agency, Selfridges, Depop, and The University of Warwick, has developed an AI-based solution to these challenges, targeting improved logistics and inventory management. The solution enables accurate forecasting, optimizes inventory levels, raises warehouse efficiency, and reduces waste while providing the scalability to meet enlarging business demands.

Thanks to the efficient, user-friendly technology, sellers can now quickly identify fashion items via photographs, gain comprehensive product data, and determine ideal online selling prices and listing durations.

AI optimizing online selling efficiency

Furthermore, Truss’ solution is integrated with social media and e-commerce platforms, simplifying the selling process.

Truss has overcome several initial challenges, such as identifying the same clothing item presented differently, using its unique proprietary algorithms. Its technology reads patterns, recognizes materials, and matches specific clothing components using advanced machine learning and image analysis techniques. This revolutionizes inventory systems and significantly improves customers’ shopping experience.

Data for Truss comes from a variety of sources, including contributions from Selfridges and Depop, online site data, and working relationships with allied entities. The data provision process is supplemented by a unique system combining AI with a dedicated workforce in Ghana for accurate product tagging.

The implementation of Truss’s technology is a boon for Depop users, as simplifying the tasks related to describing items and determining their prices complements Depop’s mission to enhance user experience and facilitate continued company growth.

The post AI eases selling process on online platforms appeared first on SmallBizTechnology.

The next 18 months could see the initiation of this production, with aggressive market-entry strategies planned. FOSSA Systems’ vision of revolutionizing commercial data connectivity has confirmed faith of its investors. The company’s potential in transforming the industry is widely recognized, inciting expectations for how it may disrupt current remote tracking and observational methods operational across various industries.

The CEO, Julián Fernández, confirmed that during four business years, FOSSA has acquired about 10 million euros, including government grants. Having produced 17 picosatellites since 2022, FOSSA plans on exploring new areas of advancements in technology such as IoT proving to be financially fruitful; an indication of the company’s growth potential.

Bearing in mind the recent disruptions due to solar storms, the company has plans underway to enhance the durability of its satellites, thereby allowing for a stable and lengthier operational period in space.

Funding boosts FOSSA’s cubesats production

By 2025, FOSSA aims to have 80 robust and advanced satellites, facilitating seamless connectivity and data solutions to global IoT devices.

The ultimate objective for FOSSA is to offer dedicated satellites for secure connectivity to national security and defense sectors. The company is actively in the process of firming up infrastructure and human resources to handle the expected demand. Key alliances with reputed technology firms have been established, fostering mutual benefits in technical efficiency, security features, and commercial success.

In an increasingly competitive landscape, Fossa’s drive towards pioneering advancements provides a promising outlook. With the predicted annual growth of the IoT market by 20% until 2030, reaching an expected market value of $4 billion, Fossa’s self-sustainable model ultimately aspires to carve out a valuable position within this booming sector.

The post FOSSA Systems secures $6.8M for advanced cubesats production appeared first on SmallBizTechnology.

Bolstered by their latest success, Waabi aims to introduce fully autonomous vehicles to the market by 2025. To break away from the industry’s reliance on large fleets and human input for test scenarios, the company is heavily investing in machine learning algorithms and artificial intelligence (AI).

The goal is to significantly reduce human intervention by enabling autonomous vehicles to independently anticipate, learn, and respond to various road conditions and situations. Waabi believes this technology could initiate an era of unprecedented convenience and safety by revolutionizing transportation.

Waabi’s AI system imitates human-like processing of information, spotting potential vehicle issues that could be overlooked by human operators. This system, equipped with data-driven insights, allows for timely rectification, optimal vehicle performance, and reduced downtime. With this level of vigilance, vehicle management and maintenance are revolutionized.

The AI system employs machine learning to continuously improve from each situation.

Waabi’s $200M boost for autonomous trucking

By simulating scenarios and testing solutions within a safe, virtual environment, the AI system reduces on-road testing risks. In combination with Waabi World, a proprietary simulator, potential problems can be identified and remedied without expensive real-world mock-ups, leading to safer and more efficient operations.

Waabi’s CEO, Raquel Urtasun, claims that the company’s autonomous technology can effectively handle unknown situations. According to her, Waabi’s AI functionality does not rely on pre-defined scenarios and coding, but adapts to unpredictable activities and changes in terrain. Urtasun insists that all data stages can be analyzed for safety, providing concrete proof of the system’s competence.

Recently, Uber Freight paired up with Waabi’s AI-based software and sensor suite, Waabi Driver, to transport shipments across the U.S starting from September. This long-term partnership aims to integrate Waabi’s autonomous technology with the shipping industry. It plans to increase efficiency and safety by using automation to cut down labor costs, human errors, and fatigued-related accidents.

As part of the agreement, Waabi’s autonomous trucks will be integrated into Uber Freight’s network, giving Uber’s clients access to this innovative technology. The collaboration aspires to reshape the freight industry by making self-driving trucks the norm.

The post Waabi secures $200M for autonomous trucking tech appeared first on SmallBizTechnology.

The bankruptcy decision not only affects Fisker’s financial standing but could also impact the wider electric vehicle market. Fisker’s representative stated that despite successfully launching their Fisker Ocean SUVs, global economic volatility and supply chain disruptions significantly impaired the company’s ability to maintain deliverance of its products.

Fisker’s bankruptcy announcement didn’t take industry insiders by surprise as the company had paused production of several models earlier in the year, including the Alaska EV.

Fisker’s bankruptcy impact on EV market

A subsequent financial review releases had also hinted at a struggle within Fisker, leading to speculations of impending bankruptcy.

In a bid to stabilize operations, Fisker intends to lay off around 15% of its staff, approx. 200 employees, switch to a Dealer Partner model and potentially collaborate with a major automaker.

In the previous year, Fisker produced 10,193 units of its single EV model – the Ocean SUV, but only managed to sell 4,929 units. Their fourth quarter revenue did grow to $200.1 million from $128.3 million, yet they faced a detrimental gross margin of 35 percent.

Filing for Chapter 11 Bankruptcy allows Fisker to potentially kickstart operations once more. This plight of Fisker’s aligns with the struggles of numerous EV startups, elucidating that navigating the booming yet competitive market of electric vehicles is indeed fraught with challenges.

The post Fisker files for bankruptcy amid EV market challenges appeared first on SmallBizTechnology.

Known for the lauded application, Pok Pok Playroom, the company offers 17 interactive activities designed to fuel imaginative play. Rather than utilizing a traditional, structured games approach, Pok Pok Playroom embodies a unique design, focusing on interactive elements similar to digital toys. It fosters both engagement and a dynamic learning environment grounded in creativity and exploration.

The ground-breaking app came to life due to the vision of two Snowman employees, a creative hub renowned for its iOS games.

Pok Pok’s digital toy expansion to Android

Supported by Snowman’s co-founder, Ryan Cash, and Melissa Cash, noted for her past work with Disney and children’s product development, this innovative concept was brought to fruition. Melissa Cash was subsequently appointed as the CEO of the Pok Pok division.

Since its launch in May 2021, Pok Pok has shown exceptional growth. Besides incorporating new educational experiences, the company generated a six-figure monthly recurring revenue and accumulated over a million downloads, a testament to its immense popularity and wide market acceptance.

Pok Pok’s remarkable success led to a $6 million Series A funding round, which included investments from Adjacent, Konvoy Ventures, Metalab Ventures, and Banana Capital. This significant financial backing underlines the widespread confidence in Pok Pok’s promising momentum.

In a move to address gender diversity and in response to a lack of female investors, Pok Pok introduced investors Michelle Kennedy from Peanut and the company’s part-time CFO, Julie McGill. McGill founded the Julie Change Fund, which specifically invests in Pok Pok, striving to encourage affluent individuals, particularly women, to contribute to a more diverse investor base.

The post Pok Pok expands digital toy platform to Android users appeared first on SmallBizTechnology.

However, this ambitious venture is not without its challenges. Concerns centre on software optimization and heat management, specifically the pragmatic operation of an OS over three screens and handling the heat from multiple processors. Durability, due to regular unfolding, and maintaining a protracted high level of performance despite these complexities also pose potential difficulties.

The Kirin 9000 series SoC, expected to be featured in Huawei’s tri-fold smartphone, and the thin screens required for a compact look upon folding, offers little space for a cooling system, adds to these challenges.

Huawei and Samsung’s tandem in tri-fold smartphone race

Huawei’s strategy to overcome these obstacles involves an ingenious thermal management system to control the heat and prevent thermal throttling and potential damage to the phone.

Competition with Samsung also adds another layer of intrigue. Reports suggest that Samsung, a direct rival of Huawei, is also developing a tri-fold smartphone with the intention of beating Huawei to the release. This injects an interesting dynamic into the still-nascent foldable smartphone market and is likely to spur more competition and innovation.

Past ventures into unconventional concepts such as the “Flex S”, displayed at the CES in 2022, confirm Samsung’s interest in foldable devices. Leaks suggest that Samsung’s tri-fold phone might sport a wider screen than the upcoming Galaxy Z Fold 6, and the possible inclusion of built-in hinge sensors to control the context-specific display of content.

Despite the lack of clarity about the two devices, both Huawei and Samsung have potentially placed themselves at the forefront of a new wave in mobile technology with their proprietary tri-fold designs. The tech world eagerly awaits the release of these ground-breaking devices, which could alter our perception of mobile technology and signal the advent of more innovations to come.

The post Huawei and Samsung race to release tri-fold smartphones appeared first on SmallBizTechnology.

Still Wakes the Deep is a psychological horror game that plunges players into a terrifying maze of mysteries. The developers have integrated unique features that ensure players are constantly engaged and fully absorbed in the game’s eerie environment.

The addition of this game on the Xbox Game Pass platform demonstrates Microsoft’s continued dedication to providing a diverse selection of game genres for their subscribers. Unlike other models, new game additions are automatically added to the subscriber libraries under the Xbox Game Pass, unless the subscriber has already purchased these games.

This ensures an extensive selection of games for subscribers, keeping the gaming experience diverse and enjoyable. The Game Pass also includes popular titles, adding more value to the subscription.

Still Wakes the Deep added to Xbox Pass

Subscribers must note that if their subscription expires or games are removed from the Game Pass, these unplayed titles will be removed from the library as well.

Still Wakes the Deep, with its gripping plot and high-intensity gaming experiences, attracts players who enjoy solving mysteries while fighting off demons. The high-resolution graphics and spooky soundtracks add to its appeal to horror and adventure gaming enthusiasts. It is a masterful blend of terror and suspense, designed to provide an intense gaming experience.

This game is a must-try for Xbox Game Pass subscribers, receiving rave reviews for its unique gaming experience, its detailed atmosphere, and its careful blend of exploration and puzzle-solving elements. The gaming community is eagerly anticipating this chilling adventure, now available to all Xbox Game Pass subscribers.

Playing Still Wakes the Deep offers an immersive journey into the world of first-person horror narrative games. Subscribers have immediate access to this spine-chilling gaming experience, expertly crafted with stunning visuals and soul-tingling sound effects.

Still Wakes the Deep is worth a try on Xbox Game Pass. It’s a thrilling adventure into the depths of horror that will captivate your senses and keep you returning for more.

The post Still Wakes the Deep arrives on Xbox Game Pass appeared first on SmallBizTechnology.

The system’s wide-ranging compatibility broadens its appeal, allowing more users to profit from the revolutionary AI technology. It also prepares the ground for future enhancements, setting the foundation for iterative tech development.

John Giannandrea, Apple’s AI Lead, stresses the system’s exclusivity due to its heavy computational requirements. This underlines not only the complexity of the system but also signifies Apple’s continuing commitment to state-of-the-art AI tech.

Essentially, managing the system’s large language models (LLMs) is highly demanding, suggesting the system could prove slow and inefficient on older Apple devices.

Unveiling iPhone 15’s advanced AI system

Balancing powerful AI with the limitations of certain devices is a tricky task, necessitating careful optimisation.

Apple aims to continually improve the efficacy of LLMs, working towards their smooth functioning even on obsolete hardware. However, Giannandrea indicates that older devices might still experience speed and performance issues given the complexity of handling bulk-scale AI operations.

Greg Joswiak, Apple’s Marketing Chief, debunked the notion that restricting the AI system to high-performance devices is a sales-boosting strategy. According to him, the move aims to fully harness the potential of these devices, dismissing the theory that it’s compelled by sales growth ambitions.

The new AI incorporates multiple features, such as advanced proofreading tools, an emotion generation feature based on user text, and several enhancements for Siri. This combination aims to deliver a polished and user-centric experience.

While bearing resemblance to their predecessors, the iPhone 15 Pro and Pro Max also offer distinctive functionalities, such as enhanced camera features, superior gaming performance, and a move away from proprietary Lightning cables. These innovative modifications herald a significant upgrade to the earlier versions, enhancing customer experience with more dynamic and versatile functions.

The post Apple unveils advanced AI system for iPhone 15 Pros appeared first on SmallBizTechnology.

The collaboration between Affirm and Apple Pay promises to broaden access to the latter across a myriad of users. As a result, Affirm has the possibility of diversifying its offerings and securing its position within the mobile payment market.

Making waves, Affirm defies the overall downward trend within the FinTech IPO sector. It shows industry resilience and the potential for dynamic growth, even amid uncertain market conditions.

Announced on June 14, 2024, the integration of Affirm with Apple Pay in the U.S promises convenience. Users are now able to apply for Buy Now, Pay Later (BNPL) loans via Affirm.

Affirm’s share growth following Apple Pay alliance

This strategic move makes the application process efficient.

Affirm’s CEO exhibits enthusiasm about the potential to make BNPL loans available to an even wider audience.

However, a filing with the Securities and Exchange Commission suggests that the partnership isn’t likely to boost Affirm’s revenues or gross merchandise volume for the 2025 fiscal year. This implies that although crucial, the strategic alliance may not result in immediate financial benefits for Affirm.

Recent statistics show that around 6% of consumers prefer Apple Pay as a payment method, exceeding the 4% PayPal usage rate. It shows an intense competition between the two digital payment giants.

Despite PayPal’s early entrance into the market, Apple Pay’s user-friendly interface and harmonious integration with Apple devices have gained popularity. It infers an increasing preference for Apple Pay as a primary method for digital transactions.

However, a sizable portion of consumers still resorts to traditional payment methods, showcasing an opportunity for digital payment platforms to penetrate the market further.

Looking ahead, Affirm is planning to introduce more flexible payment options with the ‘Pay in 2’ and ‘Pay in 30′ features aligning with over 30% of non-farm employees’ pay cycle. The move shows Affirm’s imminent response to accommodate individual income flows.

In contrast to Affirm’s success, other Fintech companies have seen varying results. While Huize and Robinhood observed share price increases of 2% and 1.5%, Nuvei’s shares dipped by 0.3%. The fluctuating share prices reflect the ever-evolving landscape of the FinTech market.

The post Affirm’s shares rise amid Apple Pay partnership appeared first on SmallBizTechnology.

This downturn in the Fintech market is attributed to global financial uncertainty, which is causing investors to be cautious with their capital. On top of this, increased competition and market saturation have contributed to reduced valuations.

Many experts suggest that a re-evaluation of business models is necessary for survival and growth in the current Fintech landscape. Recognition of this suggests a shift from the high valuations of 2020 and 2021 to a more realistic appraisal of the industry’s value. This reflects a maturation of the market and a decrease in speculative investments.

Despite this, the growth of the industry is not slowing down. Instead, there is a shift towards more sustainable and steady long-term growth. There might be less room for runaway success stories, but this signifies a new era where prudent investment strategies are the new norm.

As the market changes, more stable and slower return-on-investment for investors become an attractive prospect.

Adapting to fintech’s valuation slump

The era of venture capitalists freely investing in startups with disregard for their weak business metrics appears to be diminishing. Now, emphasis is placed on startups with solid business metrics and strong fundamentals, indicating a calculated and risk-averse approach.

CEOs such as Iana Dimitrova of OpenPayd underline the rising importance of ’embedded finance’, which refers to tech companies providing financial service software to specific businesses. Dimitrova believes in the potential of embedded finance, emphasizing that it improves business operations and efficiency. OpenPayd, under Dimitrova’s leadership, has made significant strides in leveraging this.

Experts concur that there is a market shift from major venture capitalist investment and innovative ideas towards established business models. They observe a trend favoring businesses with proven track records. The current business sector is gravitating towards established models rather than groundbreaking, untried processes.

Dimitrova insists that the market is more rational now. This changing approach was a main topic at the RAI conference, which saw a diverse range of attendees from banking institutions to large tech firms. This transformation is prompting a more effective way of navigating the financial arena, with digitization and automation facilitating the provision of better solutions and services.

The post Fintech industry adapts amid valuation decline appeared first on SmallBizTechnology.

Evolve Bank & Trust, providing banking services for fintech companies in Arkansas, is directed to develop stricter risk-management and compliance programs as a part of this regulatory action. Being entrusted with financial stability and strict adherence to regulations, this enforcement acts as a wake-up call for the firm.

The bank must now review and reinforce its money-laundering procedures, risk management systems, and consumer compliance processes. This move by FRB also acts as a warning to other fintech-centric financial institutions, emphasizing the importance of regulatory compliance.

Earlier this year, Evolve was associated with questionable incidents involving client funds in pig-slaughter scams, casting a shadow over its reputation. Given such challenging circumstances, Evolve is stepping up its risk management procedures to ensure compliance and deter potential regulatory risks.

In light of these enforced actions, the FRB expects Evolve to boost its corporate governance structure and ensure more secure and transparent financial practices. The emphasis is on prompt implementation of these rectifications to maintain the bank’s credibility in operations.

Evolve is urged to establish internal control measures to prevent future violations and devise strategies for managing similar issues, if they occur.

Evolve grapples with Federal Reserve penalties

Failure to comply could lead to stricter regulatory penalties, reflecting the need for continual improvement in Evove’s risk culture and compliance program.

Parallely, Evolve is keen to distinguish itself from the bankruptcy issue of its partner, Synapse Financial Technologies, to avoid confusion. The bank is committed to upgrading its compliance oversight and risk management capacities, following directives from the FRB and the Arkansas State Bank Department.

Evolve holds that the regulatory assessment does not indicate any inherent institutional weakness or operational failure. Despite this interpretation, the evaluation reflects an escalated level of regulatory scrutiny in the financial sector. Nevertheless, Evolve remains dedicated to rectifying possible inefficiencies and enhancing its compliance processes to ensure secure customer services.

Notably, Evolve assures that the recent FRB order will not impact its ongoing operations or its customers. The bank’s directors are allowed 90 days to build a comprehensive plan for enhancing their oversight over the bank’s operations and compliance with anti-money-laundering regulations.

This opportunity aims to prove the board’s commitment to the regulatory guidelines and demonstrate their adaptability to evolving legal demands. As the bank progresses in implementing these new modifications, it seeks the understanding and participation of its clients, promising to serve its customers without disruptions while meeting these regulatory standards.

The post Federal Reserve penalizes Evolve for compliance violations appeared first on SmallBizTechnology.

The puzzle sparks excitement as participants solve each intriguing challenge it presents. Despite the captivating drama of the HBO series, the Strands puzzle proves irresistible, repeatedly drawing participants back to its intricate web.

The Strands puzzle, currently in the testing phase, caters to dedicated word-game lovers. It involves pinpointing a common theme among a collection of words on a six by eight grid. Participants meticulously examine the words and identify the shared theme.

Engaging with strands: a tea-infused word puzzle

The test phase welcomes feedback from enthusiasts to refine and enhance the player experience for future puzzles.

A spangram, a word embodying the common theme, is the unique feature of the puzzle. It contributes significantly to the distinctiveness of the puzzle and offers guidance in solving it.

“It’s in the bag,” was the day’s clue with an added hint, “Big in the UK, though Ted Lasso isn’t a fan.” This intriguing theme, coupled with cryptic hints, increased the anticipation among participants.

All puzzle words related to different types of tea, surprising many players. From GUNPOWDER, a Chinese green tea, DARJEELING, an aromatic Indian tea, to ROOIBOS, a South African tea, and ASSAM, a robust Indian tea, the puzzle intricately wove the tea lexicon, educating participants subtly.

These daily prompts keep puzzle enthusiasts engaged, as they look forward to each day’s puzzle, keen to sharpen their skills. The variety and increasing complexity serve as a source of mental exercise, eagerly anticipated by aficionados, providing stimulating, enriching, and enjoyable problem-solving experiences.

The post Strands puzzle: a captivating blend of teas and words appeared first on SmallBizTechnology.

Debate continues over the value of subscription costs for AI services like ChatGPT Plus versus free services. Highlighted concurrently is the commitment of IBM to provide free accessible AI education. These dichotomies stir questions around paid versus free AI services and their return on investment.

Exciting developments are on the horizon for tech enthusiasts. Many are exploring the features of Windows Pro version and the potentials of the Flipper Zero. The decision to upgrade comes with considerations around effectiveness and compatibility of these technologies with existing systems.

In wearable tech, the best smart watch purchase of the year is being deliberated.

Dissecting tech: XR headset pitfalls, AI debate, and cybersecurity importance

Apple Watch Series 7 is leading with its health and fitness features, while Meta’s smart glasses make an appealing case with their AR capabilities. The increasing trend of wearable tech provides a swath of remarkable options to consumers.

Smartphone buzz continues with the latest models from Apple and Samsung, focusing on the distinct features of the iPhone 15 Pro and the Samsung Galaxy S23 Ultra. Balancing advanced camera systems of the iPhone and the superior battery life of the Galaxy, buyers are left to choose based on personal preferences, requirements, and budget.

The world of smart speakers no longer looks the same with continuous advancements in the Sonos Era 300. Growing discussions around the necessity of installing antivirus in Linux systems, meanwhile, continue to divide the tech community.

Businesses worldwide are transforming their operations leveraging AI. As the intricate relationship between generative AI and engineering evolves, the future lies in AI-powered solutions for improving efficiency. Generative AI also promises advancements in software development, enhancing traditional techniques for more dynamic systems.

Cybersecurity emphasis is rising with a focus on managing cyber risks, the role of password managers, and securing cloud storage. A comprehensive understanding of potential cyber threats, adopting strong password management, and securing cloud storage are becoming more important than ever. As technological advancements present new cyber risks, cultivating good cybersecurity practices paves the way to a safer cyber world.

The post Exploring tech: Apple’s XR headset limitations, AI services, and cybersecurity appeared first on SmallBizTechnology.

Mark Gurman, a tech industry expert, highlights potential long-term strategic benefits for both Apple and OpenAI. Despite no initial monetary gains, the collaborative effort could offer opportunities for brand exposure, user feedback, and future tech advancements.

Internally, Apple plans to merge its AI assistant, Siri, with the sophisticated assistant, ChatGPT. It’s a move reinforcing Apple’s disregard for financial transactions in collaboration with OpenAI. Rather, the tech giant’s focus lies in blending advanced technology to maximize user experience.

Apple’s significant customer base, which spans millions of devices, is seen as a valuable asset for OpenAI’s brand exposure.

Integrating ChatGPT in iOS 18: No Monetary Deal

The perceived worth of this exposure could potentially surpass standard monetary exchanges.

In line with its broader strategy, Apple contemplates establishing revenue-sharing agreements with AI companies, positioning itself as a beneficial partner in tech advancements. By doing so, Apple not only maintains a steady profit margin but also fosters potential collaborations with AI firms. Such a strategy could be a fruitful investment considering the growing significance of AI in various tech domains.

The ChatGPT feature will be freely accessible to users who opt for updates of iOS 18, iPadOS 18, and macOS Sequoia. Subscribers to ChatGPT Plus will enjoy additional perks, with Apple receiving a share of 15-30% from in-app purchase revenues.

OpenAI is further extending its reach with the development of an Android version of the ChatGPT app, expected to launch soon. Google Play Store, like Apple, is likely to claim a revenue share of 15% to 30% from the ChatGPT Plus subscription model.

All users can access the ChatGPT service through its desktop browser version at chat.openai.com. OpenAI prioritizes aspects like cross-platform synchronization and long-term customer support to ensure a high-quality user experience.

The post Apple to integrate ChatGPT in iOS 18 without financial agreement appeared first on SmallBizTechnology.

This integration will create a seamless user experience across Android and ChromeOS platforms, allowing Google to leverage its existing technological infrastructure to its maximum potential.

Implementing AI elements would enable the operating system to learn user preferences and improve operational efficiency, a commitment by Google to not only enhanced operating systems but also to pioneering in the AI field.

Key Android elements such as the Android Linux kernel and Android frameworks are to be central to ChromeOS.

Integrating Android and AI into ChromeOS

The goal is to facilitate efficient operations and enhance integration across different device platforms, including phones, accessories, and Chromebooks.

Through this integration, Google aims to significantly improve its engineering processes, achieve faster troubleshooting, facilitate system updates, and provide a robust platform for developers.

Google’s focus on bettering ChromeOS serves to mold a more unified and streamlined ecosystem beneficial to users and developers by bridging gaps between different devices and improving overall efficiency.

The incorporation of AI-oriented features may also increase hardware compatibility, paving the way for smoother performance across various devices and enhancing user experience.

Google’s emphasis on AI could change the way we interact with technology and could lead to more intuitive user interfaces, streamlined tasks, and sophisticated systems.

However, Google acknowledges that this shift is a substantial, ongoing project and may not immediately be available for consumer usage. An emphasis is put on extensive testing and refinement before rolling out to the public.

Customers using the Chromebook Plus laptop can get an early glimpse of the updates. Despite this, users are reminded that pre-released versions may have glitches that could interfere with daily operations, advocating for caution.

Google will likely provide timely updates and patches to resolve any issues during this early testing phase.

With the continuous improvement strategy, the entire Chromebook community can expect more features and updates in the pipeline, all designed to enrich user experience while strengthening Google’s foothold in the competitive Operating System industry.

The post Google enhances ChromeOS with Android and AI features appeared first on SmallBizTechnology.

One major feature, ‘Apple Intelligence’, debuts exclusively on iPhone 15 Pro and iPhone 15 Pro Max models. Aimed at improving productivity and effectiveness in communication, the feature uses context-specific data like user interactions to generate smart notification prompts and advanced writing tools. This remarkable feature even learns from users’ habits to further refine notifications.

iOS’s privacy measures have also been amped up with App Tracking Transparency that enables users to control whether apps can track their data. Furthermore, the Spatial Audio feature delivers a surround sound experience, while redesigned widgets offer both aesthetic and functional value.

For multitasking, ‘Slide Over’ and ‘Split View’ features allow users to use multiple apps simultaneously. Also, the new Maps app delivers detailed views and real-time transit information, thereby enhancing navigation.

Personalization is a highlight in the new update.

Apple’s fall update: Amping up personalization and functionality

It allows users to rearrange apps, change their colors, adjust their sizes on the home screen and lock specific apps that can only be opened via Face ID, Touch ID, or passcode. There is also the smart-stack feature that presents the right app based on the time of the day and the user’s activity, thus making iPhone usage efficient.

An intuitive Sleep tracking system and a push-to-talk feature are amongst other fascinating highlights. Notifications are revamped too, presenting incoming calls as a banner at the top, thus letting users continue using their device while handling calls.

The Control Center receives a major update with a new navigational layout for simplified navigation. Changes to lock screen controls enable users to add features directly from the revamped Control Gallery, thus giving more power for personalization.

The Photos app will now have an organized interface with automatic folders, daily photo rotation, and enriched text message features. Other updates include hourly weather updates, Game Center upgrades, and new features in the Mail app for privacy protection. Facetime gets a boost with the introduction of FaceTime links and a spatial audio feature.

Overall, the soon-to-arrive updates underscore heightened personalization, innovative features, and enhanced functionality, offering users an enriched digital experience.

The post Apple’s fall update: Enhanced features for personalized user experience appeared first on SmallBizTechnology.

However, iPadOS 18 will exclusively support certain models such as various versions of the iPad Pro, iPad Air, regular iPad, and iPad mini. Notably, newer models rolling out by the end of the year are expected to come pre-installed with the new system.

The upgrade may not be accessible for all users. Older iPad models taking advantage of the A10X Fusion chip, including the 10.5-inch iPad Pro, 12.9-inch iPad Pro (2nd generation), and the iPad (6th generation) will not support iPadOS 18. Sadly, this means owners of incompatible devices will miss out on the latest iPadoS 18 features. For this reason, users are urged to check Apple’s official information on device compatibility before taking the update plunge.

Apple also introduced other innovative systems alongside iPadOS 18 at the Worldwide Developers Conference. Apple Intelligence, an AI-driven system, was debuted, promising enhancements in device functionality.

iPadOS 18 update: compatibility and features

This AI system aims to optimize user experience by predicting user needs and providing personalized responses. It’s an example of Apple’s commitment to enhance user experience through the continuous development of AI systems.

The Mail application received a revamp, too. New features like an efficient search tool, Smart Replies, and automatic segregation of different email types were introduced, all underpinned by integrated AI. This integration should significantly simplify email categorization and response times. New swipe actions have been added to the interface, and the rich text formatting feature allows for a more expressive form of communication.

Finally, potential buyers should keep an eye on price cuts across the iPad line. With discounts on various models currently available — including the newer iPad Air M1 — users can expect to pocket more savings than they would on comparable Samsung and Amazon tablets. As the iPad Pro M4 hits the market, prices are expected to drop even further.

The post Apple reveals iPadOS 18, older models unsupported appeared first on SmallBizTechnology.

This incident has led to potential concerns around how AI understands and delivers information. With AI systems being increasingly used across sectors, it is critical to critically examine their process of translating inputs to outputs. Tighter regulation and comprehensive quality checks are needed to prevent future errors. As we progress into the uncharted territories of technology, we need to balance AI progress with careful scrutiny and control.

Reported inaccurate interpretations can actually enhance the AI learning process, improving their information comprehension and delivery. These issues are constructive for AI systems, gradually refining their understanding.

Understanding Google AI’s humorous mistakes

Over time, this improves the AI’s proficiency and the effective conveyance of information.

Although Google’s AI continues to evolve, it has been known to give strange cooking advice and even provide inaccurate details about Google’s products. This suggests a need for ongoing improvements. Users may consider cross-referencing information to ensure reliability due to such inconsistencies.

Content creators and bloggers often contribute to unclear AI responses. Their interactions with AI can lead to vague responses which create rather than solve confusion. Thus, they need to understand the impact of their interactions with AI, working towards clarifying and optimizing AI communication. This can help enhance AI’s effectiveness, making it more user-friendly.

Despite these issues, certain AI systems like Microsoft’s AI ChatGPT are capable of delivering accurate responses, signaling potential for improved AI-driven conversations. These show that it is possible to program AI to comprehend and respond to human language. There’s still scope for development, but promising signs like Microsoft’s AI ChatGPT are already evident.

The post Google’s AI humorously suggests glue as pizza topping appeared first on SmallBizTechnology.

Additional colorways are reportedly planned for both online and retail exclusive versions. Pink is being earmarked for the Galaxy Z Fold 6, while Peach intended for the Galaxy Z Flip 6. Expectations are that these exclusive colors will further enhance product differentiation and customer choice.

A reliable source has provided a comprehensive color list for the forthcoming foldable devices. The range aims to satisfy a variety of tastes, from conventional shades like Black and Silver to bolder tones like Blue and Green.

Unveiling Galaxy Z’s vibrant color range

Even fans of lighter hues can rejoice with options in White and Cream. Rumored variants in sophisticated Rose Gold and possibly vibrant Red add depth to the palette, encouraging customers to express their individuality through their device choice.

Noteworthy differences appear in the color options of these models compared to their predecessors. In a bid to revamp their offering, Samsung is bringing new additions like Dark Blue, Rainforest Green, Frosty White for Galaxy Z Fold 6 and Neon Yellow, Candy Pink, Retro Brown for Galaxy Z Flip 6. This intentional divergence from the old palette shows Samsung’s readiness to innovate and take risks.

Despite the excitement around leaked color options, it is important to remember that actual colors might vary from digital representations. The true color of the devices remains speculative until the official revelation, as digital renderings can often be misleading.

Intense speculation also surrounds potential design enhancements of the new models, including sharper corners, distinct buttons, and improved camera arrays that would complement the new color variations. Anxieties will be lifted when Samsung unveils the new Galaxy Z Fold 6 and Galaxy Z Flip 6 at an event in Paris, set for July 10th.

The post Samsung introduces diverse color palette for upcoming Galaxy models appeared first on SmallBizTechnology.

Some exclusive offerings are awaiting Pro and Pro Max users, notably the ProRes video system. This system marks a landmark advancement in iPhone video-capturing quality. When launched, the upgrade promises to redefine customization and user experience.

Apple Intelligence in iOS 18 takes individual context into account to adapt insights and functionalities to each user’s needs. By deploying advanced algorithms, it manages to preserve relevance and helpfulness, making every interaction meaningful and effective. The emphasis remains on security and privacy. All personal insights are processed on-device, not cloud-based, ensuring data integrity and confidentiality.

Enhanced personalization and privacy in iOS 18

This guarantees an intuitive, personalized, and secure mobile experience.

iOS 18 introduces sweeping improvements in productivity and communication with new writing tools and linguistic capabilities. It also allows for extensive personalization in visuals and animations. The updated Emoji design and the introduction of Genmoji, an animated and interactive twist in conversations, signify an exciting step forward in digital communication. The system now includes comprehensive settings for visual accommodations.

With iOS 18, Siri will undergo a significant upgrade with improved understanding of complex language and context. It promises better interpretation of complicated sentences and comprehension of personal situations, delivering relevant responses. The algorithm changes would enable Siri to process elaborate requests swiftly and accurately, making it a more efficient personal digital assistant.

The new iOS 18 update also presents comprehensive privacy settings and a refreshed Control Center. The App Library permits organizing apps into different categories and pages, while the messaging platform overhaul allows for pinning important conversations and more granular group chat replies.

Interesting enhancements have also been made to the Photos app, with automatic sorting into categories like Recent Days, Trips, People & Pets, and a daily unique Carousel feature. Further, iMessage text now offers animation of any letter, word, or emoji, automatically suggested while typing – taking communication to a new level of engaging exchanges.

The post Apple’s iOS 18 set to boost personalization and privacy appeared first on SmallBizTechnology.

SIgnificantly, WWDC will introduce developers to the future trajectory of Apple’s operating systems like iOS 18, iPadOS 18, watchOS, macOS, and visionOS. Emphasis on Augmented Reality technology and AI underscores Apple’s commitment to exploring the forefront of technological innovation.

Predictions highlight a shift toward AI, with advancements possibly revolving around OpenAI’s text-based AI model, ChatGPT.

Unveiling tech advances at WWDC 2024

These developments could pave the way for substantial upgrades to Siri, Apple’s voice assistant.

The upcoming iOS 18 software update has piqued interest for its strong focus on end-to-end encryption, secure messaging, enhanced media sharing, and a surprising compatibility with Android smartphones. These features point towards a more secure, inclusive, and flexible smartphone usage experience.

Beyond iOS 18, other potential upgrades include auto-playlist creation, voice recording, improvements to Mail, Fitness, and Health apps, face-recognition technology, real-time language translation, privacy and security measures, customisable user interface, and improvements to Notification Center and Siri.

Additionally, unconfirmed reports hint at the global availability of Vision Pro with specific feature enhancements. Rumors around a revamped Apple TV streaming box, an updated AirPods Max with a USB-C port, and updates to the Mac mini and Mac Studio, are also making rounds, albeit unverified.

The anticipation preceding WWDC 2024 is indicative of the expectations tied to Apple’s potential leap in AI capabilities and software updates. This anticipation extends to all tech enthusiasts interested in the progress made by industry leaders in shaping our digital lives.

The post Anticipation builds for WWDC 2024 updates appeared first on SmallBizTechnology.

Dedicated to promoting financial inclusivity, Fluz allows users to simplify their financial management while maximizing savings. The user-friendly platform credits cashback directly to the user’s account, offering an easy and efficient way to enhance savings in difficult economic times.

Fluz recently collaborated with global agency Koto to expand its user base and create a compelling brand. The ‘Life on Max’ strategy aims to boost financial independence by offering tools and advice for complete financial management. The partnership with Koto marks a positive trend in providing consumer-centric and dynamic financial solutions.

Targeting the 18-32 age demographic, Fluz and Koto are redefining the notion of financial inclusivity with their innovative tools designed to facilitate safe, simple transactions.

Fluz: Enhancing savings through universal cashback

This collaboration tackles the barrier between traditional banking and digital technologies, providing a new perspective on financial freedom for the younger generation.

The brand’s fresh identity incorporates vibrant, ultra-conventional visuals, creating an intriguing blend of financial transactions and community participation. The user-focused design of the app interface secures Gen Z’s financial management, bridging the gap between finance and community through its appeal.

Koto devised Fluz’s new wordmark, delineating the brand’s character and enhancing recognition. The use of the Greed Condensed Semibold font for headlines and statements, combined with an energetic color palette, brings Fluz’s messaging to life.

The rebirth includes a revised color scheme and illustrative components designed to encapsulate the broad purchasing power of Fluz users. This rebranding presents Fluz as a modern and exciting brand, located at the cutting edge of the fintech industry.

Arthur Foliard, Creative Director at Koto, praised the new design’s consistency, flexibility, and uniqueness. This rebranding exhibits a significant leap forward for Fluz, merging user financial freedom with visually pleasing design elements. Foliard believes this recent brand upgrade will strengthen Fluz’s hold in the digital financial landscape.

The post Fluz offers universal cashback, enhancing financial freedom appeared first on SmallBizTechnology.

Despite raising around $100 million since launching in 2017, outstanding financial obligations haunt LoanSnap to the tune of almost $12 million. Its backers, including Richard Branson’s Virgin Group and LinkedIn founder Reid Hoffman, have been left uneasy by questionable financial operations and an apparent opacity in how investment capital has been used.

The company’s troubles amplified from December 2022 onwards when it faced litigation from seven creditors, including Wells Fargo, over debts exceeding $2 million. State and federal authorities also levied fines, and the company’s operating license in Connecticut is under review. As further setbacks developed, the financial stress on LoanSnap intensified.

In the face of these difficulties, payroll issues led to a hefty staff downscale, from over 100 to less than 50 between December 2023 and January 2024.

LoanSnap grapples with lawsuits and overwhelming debt

To stabilize the company, management has launched a contingency plan featuring aggressive budget cuts and potential alliances with industry peers.

A former employee traces LoanSnap’s financial struggles back to leadership flaws, unchecked spending, and careless investor relations. This has prompted doubts about why the firm’s backers continued extending their support into 2023 and uncertainty about the future of the beleaguered startup.

LoanSnap’s operations have seriously declined, from overseeing about 1,300 loans, or roughly $500 million in 2021, to initiating just 122 loans in 2023. Regulatory breaches resulted in financial penalties from both the US Department of Housing and Urban Development and the National Mortgage Licensing System in 2021 and 2023 respectively. Despite a crippling decline into 2024, a new executive team has been recruited to boost compliance and reclaim market standing.

Emerging internal issues suggest deeper struggles within LoanSnap, evidenced by three rapid CFO departures and seven pending lawsuits. With an unsatisfactory ‘F’ rating from the Better Business Bureau due to mishandling of mortgages and escrow accounts, the firm’s future hangs in the balance.

The post LoanSnap teeters amid lawsuits and mounting debt appeared first on SmallBizTechnology.

With an array of services including an e-wallet, virtual card system, and a transparent exchange rate system, Elevate strives to meet the varied needs of its global customers. As the world adapts to new work norms, Elevate’s innovative fintech solutions are breaking geographical barriers and opening up opportunities for economic growth.

The venture’s founders previously worked with known corporations like Amazon, Meta, IBM, and Goldman Sachs. Their initial aim was to aid the Sudanese community against the detrimental effects of currency deflation. They used their collective expertise to launch a series of innovative services, all tied to the U.S. dollar, to shield individual and corporate wealth in Sudan from rapid currency devaluation.

Considering the financial challenges plaguing their country, Elevate introduced high-income saving accounts that offer substantial returns. They also eliminated excessive fees associated with international transactions, facilitating seamless and cost-effective money transfers.

Elevate: supporting global freelancers financially

They’ve championed transparent, secure, and instant transactions, providing a lifeline for those dealing with unstable local currencies.

Elevate’s solution has been a boon for individuals in countries like Sudan, Ethiopia, Uganda, and Tanzania, providing a safe and stable platform to manage their finances amidst drastic fluctuations of their local currencies. The startup has become popular among users receiving remittances from abroad, offering them an easy way to store and use these funds and keeping them secure from the irregularities of the Forex market.

Political instability in Sudan and Ethiopia and the increasing amount of freelance work across Africa led Elevate to shift their strategy. They recognised the need to cater to those who rely heavily on affordable international transactions. Hence, Elevate designed a robust platform for freelancers and remote workers, minimising transaction costs, and providing stable income channels from both local and international sources.

With its focus redirected, Elevate now offers U.S.-linked USD accounts, facilitating secure ACH payments and providing benefits associated with U.S. banking options like FDIC insurance. In doing so, Elevate revolutionises how freelancers handle their finances, expanding their customer base and ensuring their money is safe and protected.

Despite political unrest in Ethiopia and escalating conflict in Sudan, Elevate continues to concentrate its resources to accommodate markets with substantial freelancing and remote workforce sectors, striving to solve payment-related issues frequently encountered by these groups.

The post Elevate eases financial strain for global freelancers appeared first on SmallBizTechnology.

Fluz rewards both individual and social use of the app by providing incentives to existing users for inviting others. It is creating a community of smart shoppers who aim to maximize savings and financial growth, thus promising an approach to consumerism that emphasizes mindful consumption and financial literacy.

The company recently underwent a rebranding process to better represent its core philosophy: enabling customers to maximize their money. This rebranding extends to all of its platforms, aligning the company’s dedication to financial empowerment with a visually appealing aesthetic. Their revamped look and enhanced user interfaces ensure a user-friendly customer experience.

Fluz provides a well-structured mobile application that maintains transparency by offering rewards on routine spending and eliminating hidden charges. Users can monitor their expenses, rewards, and pending cashbacks efficiently, regardless of their comfort with technology.

Fluz’s rebranding: enhancing smart consumption

The platform aims to educate users on smart spending and diversified income streams.

The rebranded Fluz targets a demographic of 18-32 years, aiming to foster an environment of financial literacy among young adults. They emphasize the integration of financial transactions with community engagement, creating an inclusive community where everyone can succeed financially.

As part of their rebranding, Fluz refreshed its visual elements and revamped its website and marketing materials to provide a more modern look. They adopted a more engaging content tone and extended the rebranding to social media platforms, ensuring better traction and increased brand recognition.

Graphics and photography are key elements of Fluz’s rebranding strategy. Their updated branding underlines the vast range of earnings opportunities available to users, reflecting their mission of empowering individuals economically. This sophisticated yet simplistic branding aims to enhance the user experience and stimulate progression towards financial independence.

In conclusion, Fluz’s rebranding process encapsulates their ethos of empowerment and diversity, which has helped to attract a broader demographic towards its financial platform. Their dedication to revolutionize personal finance management continues to inspire trust and loyalty among its users.

The post Fluz’s rebranding empowers smart consumerism appeared first on SmallBizTechnology.

The company, since its start in 2017, has received close to $100 million in funding. However, recent reports reveal a staggering $12 million in debt. In fact, multiple creditors, including bank giant Wells Fargo, are taking legal action against LoanSnap for more than $2 million in unpaid dues.

Legal challenges escalate with allegations of regulatory violations that nearly led Connecticut to revoke its operating license. These violations reinforce the need for enhanced regulatory compliance to prevent such repeat incidents.

Internally, LoanSnap faces plummeting employee morale and job security, reflected in the drastic staff reduction from over 100 to less than 50 within a year.

LoanSnap’s troubled journey: litigation, debt, and uncertain future

An anonymous ex-employee points to poor leadership, reckless spending, and misleading investor practices as the main culprits for these issues.

While declining to comment on these situations, co-founders Jacob and Carroll process fewer loans – a decrease from about 1,300 in 2021 worth nearly $500 million, to just 122 loans in 2023.

Troubles surfaced in 2021, when the U.S. Department of Housing and Urban Development accused LoanSnap of violating Federal Housing Administration rules due to non-disclosure of a significant loss. Since then, legal allegations have included charging non-refundable fees, delaying loan closures, mishandling fully paid loans, misleading mortgage approvals, and mishandling escrow accounts.

In response, LoanSnap has undertaken drastic restructuring efforts, like revising their loan practices and implementing new transparency policies. However, such measures haven’t mitigated the legal troubles and the resulting client distrust, which led to a decrease in market share and difficulty in securing investment capital.

Meanwhile, competitors seize LoanSnap’s predicament as an advantage, offering new business models and tech-driven solutions to gain ground. Despite the mounting challenges, LoanSnap continues to operate, albeit at a decreased capacity. The future remains uncertain for LoanSnap as it is surrounded by legal, financial, and operational challenges.

The post LoanSnap faces legal, financial crises amid investor concerns appeared first on SmallBizTechnology.

Despite raising around $100 million in funding since 2017, LoanSnap currently holds a debt of approximately $12 million. The firm’s notable investors include Virgin Group, Mantis Ventures, Baseline Ventures, and Reid Hoffman.

While dealing with considerable debt, LoanSnap remains undeterred in its mission to revolutionize the lending space through advanced technological solutions. Despite uncertainties shrouding its financial future, the company has seen satisfactory growth in its user base and loan originations.

The company’s financial woes have been exacerbated by disputes with creditors, specifically Wells Fargo, who alleges the firm’s debt surpasses $2 million. State and federal agencies are probing into the company’s affairs and it narrowly dodged license revocation in Connecticut, adding further strain to its reputation.

In the face of financial struggles and internal dysfunction marked by large-scale layoffs, LoanSnap continues to operate.

LoanSnap’s mounting debt and legal disputes

The company failed to make payroll between December 2023 and January 2024, reducing its workforce of over 100 to less than half. This monetary crisis led to the postponement of its latest product release which signalled increasing internal strife.

Insiders identify weak leadership and fiscal mismanagement as major contributors to LoanSnap’s crisis. Top executives have been unresponsive to comment requests, while major backers Hoffman and Virgin Group have stayed silent. Persistent rumors suggest that internal conflicts may play a significant role in the drama unfolding within the company.

Additionally, the firm’s loan issuance dropped drastically from nearly 1,300 loans ($500 million) in 2021 to a mere 122 in 2023. The company also went through a tumultuous period marked by frequent CFO role changes from December 2022 to May 2024, indicating deeply seated issues within the company.

Investors and partners are left in unease as potential acquisition deals, intended to salvage the situation, collapse. Meanwhile, LoanSnap continues its struggle to sustain operations in the face of mounting challenges.

The post LoanSnap faces legal troubles amid financial crisis appeared first on SmallBizTechnology.

The primary goal is not only to reinvent Fluz’s brand identity but to establish it as a significant earning platform for those intending to make the most out of their expenditure. The fresh and bold color theme, along with a new logo designed by Koto, reflects the forward-thinking nature of Fluz.

The reestablished brand manages to infuse modern aspects with a fresh perception of how an earning app can offer value beyond just financial earnings, extending the experience to enhance users’ lifestyle. This strategy, paired with an attractive, user-friendly interface, resonates perfectly with the target audience’s needs and habits.

The ‘Live on Max’ campaign intends to inspire users to maximize their earnings through Fluz, suggesting a lifestyle where spending can result in profitable returns.

Koto collaborates with Fluz for youthful app revamp

As a part of this initiative, Koto has restyled Fluz to address the unique behaviors and earning goals of a future-centric demographic, encapsulating these elements into the brand’s ethos.

Founded in New York in 2018, Fluz provides an easy way for people to improve their financial prowess by offering cash back on regular expenses and safe money transfers among friends. The app integrates blockchain technology, ensuring maximum security and transparency, thus enhancing its reliability.

The new branding is aiming to generate interest in the age group of 18 to 32 years. The rebranding concept challenges the notion that financial opportunities are for those with significant savings, using compelling visuals to engage Gen Z users straddling finance and community.

The artful combination of typography, color, and core brand values have been employed to create a contemporary image that is built to last. A refreshing look, coupled with the transparent and customer-centric values, will help redefine how customers perceive and interact with the brand. This speaks not just to the brand’s aesthetics, but also to its values, history, and future ambitions.

This collaboration between these two leading brands, Koto and Fluz, could pave the way for a new era in the digital earning market, characterized by innovation, interactivity, and a more profound user understanding.

The post Koto and Fluz partner for youthful app redesign appeared first on SmallBizTechnology.

The Face ID will be applicable not only in unlocking the device but also to sensitive applications including banking or healthcare. Though it remains uncertain as to whether this reinforced security will extend to third-party applications, the move shows commitment to enhance user privacy.

Prior to this, Apple users could use Face ID, Touch ID, or passcodes to secure selected content in specific applications. However, iOS 18 will elevate security by enabling an app’s lockdown wholly, regardless of whether the iPhone is unlocked. This implies that unauthorized personnel cannot access locked apps even if they possess an unlocked iPhone.

Traditional app-locking means such as Screen Time or Shortcuts are expected to be replaced by this novel system.

Enhancing iPhone app security with iOS 18

The upcoming upgrade will revolutionize application security, providing a simpler and more efficient alternative. Furthermore, it is expected to alter how we manage app usage as well.

Apple plans to announce its new operating system at an imminent event, followed by the release of the 18 beta version to Apple Developer Program members. A wider public launch is slated for September.

Apple is also expected to announce an array of new features including likely enhancements to AI, Calculator and Notes apps, and camera performance during the Worldwide Developers Conference in June. Rumors suggest upgrades to AR functionalities and Siri’s capabilities, as well as a potential sleep tracking tool in their health and fitness portfolio.

This anticipated feature demonstrates Apple’s continuous innovation for user privacy and security. Reflecting their pioneering philosophy, the brand is focused on providing superior technology while ensuring data protection, enhancing user interaction, and customizing the user experience in line with the importance of consumer privacy and protection in today’s digital age.

The post iOS 18 update to heighten iPhone app security appeared first on SmallBizTechnology.

Details about the update are currently limited, but it’s confirmed that Siri will become more sophisticated and intuitive, giving Apple an edge in the fiercely competitive virtual assistant’s market. Not only will the advancements add convenience to users but will also further establish Siri’s credibility among competitors.

Siri has already shown improvements like opening specific images, setting device backgrounds, and executing other complex tasks. The changes elucidate a significant improvement in Siri’s capabilities and the assurance of Apple sticking to their policy of enhancing user experiences. Furthermore, Apple’s new updates prioritize user security, adding an another layer to Siri’s functionality.

Siri’s development is heading towards understanding and adjusting to natural language and varying accents, tailored specifically for users who are not tech-savvy.

Enhancing Siri for improved user experience

These insights come from experts within Apple’s AI division.

Improvements extend to the Apple Books app, where Siri will be able to open specific books, navigate pages, change themes, and access recently read books, all through voice commands, thereby enhancing user accessibility. This feature will be particularly beneficial for multi-taskers, visually-impaired users, and those who prefer a hands-free operation.

Along with this, Siri’s integration will be noticed in the Camera and Maps apps. Users can control device camera settings, start video recording, switch cameras, find specific locations, get traffic updates, all with the help of Siri. Even drafting and sending emails will now be a task that Siri can carry out on behalf of users.

In the entertainment realm, Siri will control music playback in the Apple Music app. It can skip or replay songs, adjust volume, and offer song suggestions based on the user’s listening history, simplifying and personalizing the user’s music experience.

The Keynote app will also see upgrades where Siri can identify who modified presentations, add content to slides, or create new presentations. This upgrade will streamline the user’s workflow and make the app’s features more accessible, transforming user interaction with essential system apps.

The post Apple upgrades Siri for enhanced efficiency, integration appeared first on SmallBizTechnology.

Through these AI tools, software development is automated, beginning from requirement compilations to code evaluation. Instead of spending hours gathering project requirements, developers can depend on AI to expedite the process. Sophisticated algorithms effectively convert complex human language into accurate code, which shortens development time and reduces human error.

While developers write code, AI tools suggest accurate completions, acting as a real-time aid for enhancing productivity. It comprehends coding patterns, syntax, and nuances of programming languages, ensuring high-quality code. Generative AI can also review and evaluate existing codebase, identifying bugs and areas for optimization which, before AI, would consume considerable time.

Generative AI systems transform the software industry by making processes efficient and less laborious. AI tools help identify and correct code errors resulting in higher-quality end-products and enabling comprehensive testing. AI can detect system failures pre-deployment and provide preventive solutions while also automating routine tasks like coding and bug fixing.

Enhancing software development with generative AI

Generative AI also assists developers by predicting software upgrades and potential bugs, reducing system risks.

Surveys from developers using AI tools for coding have found significant reductions in development time. AI applications not only ease developers’ workload but also speed up processes and improve coding quality. Developers need to continually update their skills and knowledge about rapidly advancing technology to harness AI’s full potential.

Developments such as DeepMind’s AlphaCode AI application, which displayed substantial proficiency in code formulation, suggest the high potential of generative AI tools. These tools not only enhance syntactic understanding but also understand semantic context, producing logical and efficient code. As AI continues to evolve, it is likely to reduce the entry barrier for beginner programmers and greatly decrease time spent on debugging or routine coding tasks. However, experts argue that the human touch in coding will not become obsolete as AI cannot replace developers’ creative and critical problem-solving abilities.

The future of software development lies in collaboration with AI, with generative AI tools enhancing efficiency, accuracy, and productivity. As AI evolves, the role of software developers will also transform, requiring developers to acquire new skills, like effectively interacting with AI. Despite potential obstacles, integrating AI in software development is a progressive step forward.

The post Generative AI streamlines software development process appeared first on SmallBizTechnology.

A step above SMS, RCS is currently the default protocol for Google Messages, similar to iMessage for Android. However, it’s essential to note that RCS on iPhone won’t provide end-to-end encryption, unlike Android, which sparks concerns over user privacy.

The concern lies in the fact that Apple and Google have not had any discussions on extending iMessage’s end-to-end encryption to Google’s messaging application.

Exploring iOS 18’s RCS integration in iMessage

This may be a determining factor for those prioritising secure communication.

Despite privacy concerns, iPhone users in Japan have been using RCS via the +Message app. The app, conforming to the global GSMA’s RCS standards, enhances text messaging with features like read receipts, higher resolution imaging and indicator typing. This early adoption may pave the way for broader acceptance of RCS-based applications.

The overall market reception for RCS might have been hindered by the robust security features of competetive applications like Line, with its intuitive user interface and wide range of services, from messaging to digital content and entertainment. Yet, with continuous innovation, there is hope and expectation for RCS-based apps like +Message to gain stronger market presence in the future.

While iOS 18 with RCS integration offers a glimpse of the future, the absence of end-to-end encryption and the prevalence of tried-and-tested applications like Line may slow down widespread adoption. This is another challenging episode for tech giants like Apple and Google, as they continue to shape the evolving face of digital communication.

The post Apple’s iOS 18 update adds RCS to iMessage appeared first on SmallBizTechnology.

Two primary AI components—a dynamic situational “hub” and an AI-based voice companion—are in the pipeline, according to Carl Pei, co-founder of Nothing. This so-called “hub” intends to compile key data like QR codes for passes and timely alerts, aiming to simplify user experiences by adapting to users’ unique circumstances.

Integrating advanced AI in Nothing’s 2025 device

As for the voice companion, it is envisioned to be a multimodal and “friend-like” feature with interactive “eye” graphics on the home screen. The purpose is to personalise user interactions, complete with communicative capabilities similar to a friendly companion.

The firm also hinted at the possibility of integrating this voice companion with other innovative features such as Glyph lights or the lock screen for a more immersive experience in the future. This move, together with the creation of the dynamic situational “hub”, represents Nothing’s firm resolve in integrating cutting-edge AI into its production pipeline.

The development of these AI-based initiatives, still in their infancy, is expected to span until the launch of Nothing’s third-generation device, suggesting a potential elongation of the gap between the firm’s second and third models. Despite the firm’s strategic silence on specific details, Nothing assures their next device will be indispensable in their AI strategy by enhancing their hardware and software components.

This assurance has stirred up interest and anticipation among tech enthusiasts, who eagerly await more news on this leading-edge, AI-focused gadget in the near future. With these forthcoming innovations, Nothing stands poised to revolutionise the mobile device industry through the seamless incorporation of AI.

The post Nothing plans advanced AI for 2025 mobile device appeared first on SmallBizTechnology.

To assuage these concerns, Apple has reiterated its commitment to privacy protection. The tech behemoth plans a comprehensive reassessment of its security measures, vowing that user data will remain meticulously guarded. Among the new features on the anvil are stricter data controls, superior transparency measures, and a more user-centric approach to personal data management.

Apple’s AI offerings in the iOS 18 won’t just respect privacy – they’ll also require explicit user consent to function. The AI chatbot feature, for instance, will operate solely on an opt-in basis.

AI integration and privacy concerns in iOS 18

Developed in partnership with OpenAI, this feature, although potentially privy to confidential user information, will only access this data if expressly permitted by the user.

While Apple extends to its users the discretion of harnessing the AI functionalities, concerns remain. Questions on the extent of data collection and the various privacy risks posed by Apple’s ecosystem continue to abound. Users’ understanding of their privacy rights forms an integral part of this discourse, as does their power to decide how and when their data is used.

The AI chatbot that comes with iOS 18 will remain idle unless users opt into the service. This proactive approach to privacy promises a secure device experience with respect for user preferences. Albeit using external service providers like OpenAI might complicate the privacy scenario, Apple continues to prioritize stringent data protection measures.

Apple’s commitment to privacy extends to giving users the choice to activate the new AI chatbot feature. Prioritizing user preferences and safeguarding privacy continue to be at the forefront of Apple’s strategy, even as they leverage technological advancements.

The post Apple combines AI advancements with privacy in iOS 18 appeared first on SmallBizTechnology.

Among the most impacted is Yotta, where 85,000 users were blocked from accessing their accounts, containing a total of $112 million. Such a sudden lockout incited frustration and panic among users, left unable to view their balances or conduct transactions. Adam Moelis, Yotta’s CEO, confirmed the issue, stating efforts to resolve it were underway.

The lockout, which started on May 11 following a disagreement with Yotta’s banking partners, led to significant disruption among users. Many, who relied on it for primary financial activities including paychecks, bills, and emergency funds, were left in a state of helplessness.

Fintech dispute hinders Yotta, upsets users

The fiasco underlines the vulnerability users face when their financial activities heavily rely on digital platforms.

Following the incident, several users reportedly had to rely on borrowed money to meet basic needs such as food. The lack of regulatory interference, despite Yotta’s partnerships with banks secured by the Federal Deposit Insurance Corporation (FDIC), baffled both the company and its user base.

This situation exposed inherent risks tied to the fintech industry’s rapid growth, and its “banking as a service” model. Despite its attraction to investors, it raises the question of whether the industry can sustain its pace of evolution without encountering debilitating issues. The case clearly reflects the industry’s need for stricter regulation and scrutiny to balance its quick evolution and potential risks.

The consequences of this incident could prompt regulatory authorities to enforce stricter surveillance of the ballooning fintech sector to prevent similar future mishaps. This move could potentially stifle innovation and deter new startups due to stricter regulations and compliance costs, or force companies to implement stronger cybersecurity measures to protect user data.

The post Fintech feud disrupts operations, impacts Yotta users appeared first on SmallBizTechnology.

The decision to downsize is part of a larger strategic plan centered on streamlining operations and focusing on key business areas. Nevertheless, with around 400 employees remaining, Pagaya still counts as one of the fastest-growing fintech companies in Israel. The specific timeline for implementing the layoffs and potential severance packages for affected employees has not yet been revealed.

In this reshuffling, employees across various departments are affected, with significant impacts on administrative and operations sectors. Comparable to an earlier cutback in January 2020, which saw a 25% workforce reduction, the management believes these stringent measures are crucial for sustaining the company amidst the competitive fintech landscape.

These layoff trends are echoed in tech-firm OrCam, leading to broader concerns about the stability and future growth of Israeli tech companies.

Pagaya’s strategic downsizing and growth

Despite facing obstacles with its minor credit fund last year, Pagaya has displayed resilience and continues to innovate, particularly in implementing artificial intelligence in financial services, focusing their resources on Research & Development sectors.

As speculation hints at a shift in Pagaya’s business strategy to a product-centric model and a pivot towards US operations, there’s potential unrest within the Israeli market. Although no official statement has been released, there are concerns about potential negative impacts on the company’s image and future expansion in Israel.

Pagaya’s path, marked by learning and growth, underlines the dynamics of the business landscape and the need for evolving to stay competitive. Promising Q1 2024 financial results – despite a 2023 workforce downsize and increased market volatility – have instilled optimism for Pagaya’s future. An increased earnings report, coupled with securing three new contracts, highlight the company’s resilience, growth, and successful digital transformation strategy.

Pagaya’s stock performance remains strong with a current valuation of $790 million despite operational challenges. This valuation, coupled with its inclusion in the Russell 2000 Index, suggests strategic changes rather than financial difficulties may be behind the layoffs. Regardless of these changes, the company’s continued success post SPAC-merger debut and innovative AI-driven asset management model solidify its game-changer standing in the fintech industry.

The post Pagaya streamlines operations, reduces workforce by 20% appeared first on SmallBizTechnology.

The bankruptcy has had a ripple effect on the banking-as-a-service (BaaS) sector, accentuating the challenges it has been facing since 2024. Banking institutions dependent on Synapse’s BaaS solutions find themselves struggling to adapt.

The bankruptcy also disrupted partnerships between Synapse and corporations such as Evolve Bank & Trust and business startup Mercury, culminating in a distress sale worth around $9.7 million to finance tech firm TabaPay. The event has highlighted the unpredictability of the market and the necessity of adaptable business models.

San Francisco’s Synapse bankruptcy shakes fintech sector

The causes for Synapse’s downfall remain unclear with CEO Sankaet Pathak pointing fingers at Evolve and Mercury. There could potentially be Chapter 7 liquidation, leaving many customers unsure about the access to their funds.

Following the bankruptcy, banking startup Copper had to cease operations, cutting off many patrons, predominantly families, from cash access. However, Copper’s financial education application, Earn, remains functional and there are plans to transition towards a family banking product.

This bankruptcy has also affected crypto application Juno with clients losing access to significant funds. Mainvest, a fintech lender to restaurants, is also facing potential closure in the fallout from Synapse’s bankruptcy.

According to Jason Mikula from Fintech Business Weekly, this could lead to significant disruption for up to 100 fintech companies and around 10 million final consumers. The implications for the financial industry could be expansive, affecting around 10 million consumers who rely on services provided by these fintech companies.

The post Enterprise Synapse bankruptcy impacts fintech industry appeared first on SmallBizTechnology.

The integration of AI in the financial sector could enhance accuracy in forecasting and risk management, expedite decision-making processes, and increase operational efficiency. However, the success of AI heavily depends on its continuous evolution, infrastructural updates, and business model revisions.

Moving towards a data-dependent financial structure presents challenges such as data ethics, privacy protection, and risks associated with AI technologies. To tackle these, businesses need to establish strong data management policies and robust security measures.

The world is becoming increasingly digitized and data-driven. While this transition brings potential risks, with careful planning and strict regulations, we could see more efficient and innovative financial operations.

By 2035, there could be wide acceptance of global digital currencies, disrupting traditional financial structures.

AI’s anticipated impact on finance by 2035

The introduction of “programmable money” supported by smart contracts could reshape fintech offering possibilities for innovation within financial infrastructures.

Also, the burgeoning virtual economy is gaining momentum, with digital assets becoming more common. As this trend continues, we could see businesses switching to hybrid economic models, blending digital and traditional economic processes.

Despite the challenges which include regulatory and security issues, the future of fintech, underpinned by programmable money and smart contracts, offers enormous potential.

By 2035, there might be several robust virtual economies, driven by user-created content and blockchain-based transactions, redefining the future of fintech. Virtual spaces might develop their currencies, financial systems, and regulatory structures. Blockchain technology could play an essential role in managing transactions and preserving the integrity of virtual economies.

In conclusion, as the world evolves to embrace a more data-centric approach, it’s crucial to constantly revise and improve systems. With careful and targeted approaches, the potential risks tied to a data-centric financial structure could be mitigated, leading to more innovative and efficient financial systems.

The post AI forecasted to reshape financial sector by 2035 appeared first on SmallBizTechnology.

It has been deduced from data collected that about 62% of FinTech firms are largely centered on attracting more consumers from Generation Z. This approach is favored by about 95% of Credit Unions. These findings are based on a survey conducted from October 16 to November 10, 2023, in which 101 executives from various FinTech companies participated.

The survey also revealed that digital transformation remains the focus for many of these companies as they strive to enhance their operations, customer experience, and compete effectively in the industry. The rapid pace of innovation in the financial sector has created a burning need for regulatory compliance which was also stressed by the respondents.

Many of the executives expressed plans for significant investments in AI and machine learning technology. This is due to its potential to revolutionize the financial service industry through improved predictive capabilities and routine task automation. Cybersecurity is also a top priority, given the rise in cyber threats in this digital age.

The study also uncovered a need for improved collaboration between FinTech and traditional banking institutions.

Targeting Gen Z with mobile advancements in FinTech

Executives believe that strategic alliances would help harness each other’s strengths and promote financial inclusivity.

A sizable portion of FinTech companies are directing their growth strategies towards improving mobile capabilities and user experiences. Approximately 70% viewed this as central to their expansion plans. They also emphasize the importance of securing data and privacy, with nearly half of the companies incorporating enhanced security measures into their businesses.

However, despite the technological advancements, they face challenges like regulatory compliance, system integration, complex internal decision-making, and resource inadequacy. High employee turnover was also mentioned as a relation to the company culture. However, budgeting was rarely highlighted as a primary concern.

These firms aim to continually improve their innovation methods over the next three to six years. They acknowledge the significance of agility in decision-making to keep up with swift tech advancements. They strive for success by not just adapting to change, but leveraging it strategically. The ultimate goal is to exceed customer expectations and secure a competitive edge in the market.

The post FinTech firms target Generation Z through mobile enhancements appeared first on SmallBizTechnology.

Based in San Francisco, Synapse functioned as a facilitator for Evolve Bank & Trust and Mercury, allowing seamless incorporation of banking services into other fintech operations. Regrettably, the startup recently faced a series of setbacks that led to a loss of support from both these entities.

Despite raising over $50 million from venture capital, Synapse’s financial difficulties proved insurmountable. A failed attempt to sell their assets for $9.7 million further deepened their crisis. Ultimately, Synapse was forced to file for Chapter 11 bankruptcy, raising questions about the sustainability of fintech startups and the impacts on financial technology services.

With the bankruptcy of Synapse, other fintech startups have begun to feel the pressure. Copper, a teen banking startup, had to stop its operations, while Juno’s cryptoucurrency users were locked out amidst Synapse’s financial problems.

Synapse’s downfall disrupts fintech sector

Similarly, financial health startup Kipp and Sable, a banking platform for internationals were forced to suspend services. The personal finance app Simplifi also faced difficulties, leading to major customer dissatisfaction.

The effects of Synapse’s dissolution were felt beyond the fintech industry, including Mainvest, a fintech lending company that served the restaurant industry. The precise number of jobs that have been lost due to this shutdown remains unclear.

Industry expert, Jason Mikula, estimates that Synapse’s downfall might have impacted around a hundred fintech companies and ten million customers. Mikula suggests that the ramifications could be widespread, affecting business operations beyond just payroll. This includes areas like administration and customer service, proving detrimental to many small businesses. He implies that the effects of this collapse will be far-reaching and long-lasting for the industry.

The sudden downfall of Synapse endangers the entire fintech industry and creates potential for significant harm, especially for customer-focused services. It underscores the importance of contingency plans and enhanced safety measures in the fintech sector, especially considering the knock-on effects on service provision, data security, and financial losses.

The post Unexpected collapse of fintech startup Synapse disrupts industry appeared first on SmallBizTechnology.

Together with its sibling brand, OnePlus is considering an upgrade of battery capacity in its upcoming flagship smartphones to surpass competitors. This evidences the increasing importance of long-lasting battery performance. The proposed upgrade could not only meet the demanding needs of heavy users but also set a new standard in the smartphone industry for battery efficiency and durability. Specifics regarding this upgrade remain unannounced, but experts predict it could significantly change the premium smartphone market.

Sources suggest that the enhancement could involve a powerful 6,000mAh battery, potentially replacing the need for wireless charging. This could redefine user expectations about power management in electronics.

Prioritizing battery capacity over wireless charging: OnePlus strategy

While the concept of eliminating the need for wireless charging is contentious, a robust battery could redefine user expectations and perceptions about power management.

Design rethinking appears on the horizon, with the intention to maintain a slim form factor and lower the overall weight. The devices are expected to have a 50W charging capacity via a USB-C port, despite potentially dropping wireless charging. The manufacturer will likely maintain use of their custom operating system celebrated for user-friendliness. Rumors for an edge-to-edge screen also suggest a more immersive viewing and gaming experience, complemented by camera technology offering higher resolution.

OnePlus may face challenge in keeping pace with competitors like Samsung. Despite these hurdles, OnePlus could capitalize on strengths in design, software, customer service and strategic market positioning. The essence of these adjustments rests on the prosperous future hinted at in the continued investment of many major tech companies into wireless charging development, despite compatibility and speed issues that sometimes hinder wider adoption.

While not essential for all, the convenience of wireless charging, emphasizing clutter-free charging, makes it a popular choice among tech enthusiasts. Rumors and hints constitute the basis of these reports, finer details could change as the product’s launch date draws nearer. Resounding echoes of the discussion around the larger battery capacity continue to stir up excitement and anticipation among tech enthusiasts.

The post OnePlus likely to prioritize battery capacity over wireless charging appeared first on SmallBizTechnology.

The new chip integrated significantly boosts Notebook AI performance, thereby increasing its processing power to 50 TOPS – three times higher than AMD’s previous laptop hardware. This newfound power allows compatibility with Copilot+, positioning AMD as a staunch competitor against Qualcomm. The increased capacity also expedites data analysis and enhances machine learning and multitasking capabilities while also refining power efficiency.

The Zenbook S16 marvelously combines design elegance and lightweight infrastructure rarely seen in 16-inch laptops. It features a top vent and an ultra-thin vapor chamber for cooling, a high-resolution OLED display, and built-In Wi-Fi 6 and Bluetooth 5.0 for seamless connectivity.

ASUS Zenbook S16: Enhanced performance, fresh features

It also showcases a large trackpad, a battery life of up to 12 hours, and the toughness of military-grade metal, truly affirming its position as a powerhouse of performance and a mark of sophistication.

Moving forward, ASUS has maintained the unique aluminum-ceramic coating, now termed Ceraluminum. The model integrates a 16-inch 3K OLED touchscreen and includes a hefty 78Wh battery, promising extended usage throughout the day. Audio experiences are elevated by a six-speaker setup by Harman Kardon, while the device offers up to 2TB storage and RAM customization options of up to 32GB. On top of these impressive features, the Zenbook S16 supports Thunderbolt 4 USB-C, HDMI, and an SD card reader, catering to all your connectivity needs.

ASUS Zenbook S16 is currently available for pre-orders starting at $1,400, offering two color choices – white and gray. It is lightweight and portable, offering a 16GB RAM and a sleek 16-inch OLED display. The model runs on an 11th GEN Intel Core i7 processor, leaving no stone unturned to ensure fast and efficient performance. The white and gray variants bring their unique appeal – white being clean and sophisticated, while gray exudes a more professional vibe.

The post ASUS Zenbook S16 boosts performance with fresh upgrades appeared first on SmallBizTechnology.

The ROG Ally X was unveiled at Asus’ Computex 2024 event. The new model features a 1TB M.2 2280 SSD with a Micro SD card slot for additional storage, an AMD Ryzen 9 5900HX octa-core processor, and a high-definition, anti-glare display. The much-touted integrated RGB keyboard adds a desirable aesthetic to the device.

A notable feature of the laptop is its enhanced cooling system, promising to keep the laptop’s performance optimal even when running high-demand programs. The audio quality has been upgraded, delivering high-quality, immersive sound.

The laptop is powered by Windows 11, providing advanced security and user-friendly features. It runs on an 80Wh battery and boasts advanced cooling technology to ensure peak performance during prolonged use.

Unveiling Asus’ new gaming laptop, ROG Ally X

The integrated high-resolution display is an upgrade that’s intended to give users a clearer and more vibrant viewing experience.

As for graphics, the Ally X utilizes AMD Radeon graphics and includes a 7-inch LCD screen that provides 1080p resolution and a 120Hz refresh rate. It also offers a GDDR6 8GB RAM for smooth multitasking.

Asus has equipped the Ally X with an abundance of smart features, including dual stereo speakers with DTS:X Ultra technology for the best in audio immersion. The portable and robust device runs on a 6000mAh battery, providing extended usage, and sports fast-charging capabilities.

Asus anticipates further improvements to the ROG Ally line. Innovations in technology and unique aesthetic designs are being considered as they continuously aim to redefine their products to meet user demands.

The Asus ROG Ally X is now on preorder for $799.99 and is expected to be a strong competitor in the portable gaming market. Asus has a reputation for delivering quality, durability, and an unforgettable gaming experience, and ROG Ally X is no exception. Preorder exclusives are now available, and the device is expected to hit retail shelves soon.

The post Asus unveils gaming laptop ROG Ally X appeared first on SmallBizTechnology.

With enhancements promised for Siri’s functionalities in iOS 18, Apple is geared to meet the rising global demand for intelligent and intuitive digital assistants. However, maintaining Siri’s relevance and popularity remains a challenge.

The competition among digital assistance tools like Google Assistant and Amazon’s Alexa is fierce, they are continuously improving their capabilities. Siri’s evolution in meeting user expectations will be consequential.

One of Siri’s struggles compared to Google Assistant and Alexa is limited contextual awareness which can hinder seamless conversation. These digital assistants employ advanced AI technologies for better language processing and understanding offering more dynamic interactions.

Still, through persistent updates, Siri is continuously improving its services striving to enhance user experience.

Upcoming Siri updates in iOS 18 release

This progress signifies a significant shift towards more engaging and interactive digital assistance bridging the divide between humanity and technology.

Despite robust advancements in AI, users need patience and understanding, as proficiency can vary. However, the future of Siri looks promising with potential improvements anticipated at Apple’s annual event.

Over the years, Siri has experienced inconsistent progress compared to Alexa and Google Assistant. Despite that and occasional technical hiccups, Siri remains the preferred choice for Apple loyalists citing its convenience and ease-of-use.

Competitors seem to progress swiftly with their AI technologies, both with voice imitation and conversation context understanding, posing a threat to Siri. This necessitates Apple to significantly enhance Siri or risk decreased significance in the rapidly evolving digital assistant market.

Increasing scrutiny on ethical and legal challenges to voice imitation technology since the Scarlett Johansson incident emphasize the importance of privacy and consent in AI development.

The future of Siri remains uncertain amid these emerging challenges. However, the digital assistant market is projected to experience massive growth which explains the high stakes involved.

To stay in the race, Siri could potentially expand its functionality, embracing diverse input types like images, spoken language, and video content. Improvements in contextual understanding and user personalization are other critical areas for Siri’s evolution.

Integrating with a broader array of devices and platforms could further enhance Siri’s accessibility and usability, and help it exceed user expectations amidst rapid advancements in AI and machine learning.

The post Siri set for major updates in upcoming iOS 18 release appeared first on SmallBizTechnology.

Primarily, this measure disrupts ongoing malicious processes, reducing the risk of exploitation while allowing system updates to take effect – granting further protection. Updating your phone software regularly to the latest version also plays a crucial role in combating security risks as outdated systems are more prone to hacks.

The NSA cautions that not routinely restarting your phones exposes them to significant cybersecurity threats. A simple device reboot can clear temporary data and shut potential loopholes where cyber threats might lurk. Particularly for those who regularly use their phones for sensitive transactions, this practice is strongly recommended.

However, the NSA emphasizes the importance of layering defensive measures due to the insufficient security guarantee provided by device reboots. Regular software updates, real-time detection systems, secure firewall configurations, and multifactor authentication are some of the recommended security layers.

Enhancing cybersecurity with weekly phone restarts

Each layer adds to the resilience of device security, enhancing your digital safety.

Furthermore, the NSA advises against unnecessary Bluetooth connection, suggests prompt system updates, and advises switching off location services when not needed. It particularly warns against downloading apps from unverified sources, promotes exclusive usage of official app stores, regular data backup, and use of unique strong passwords. When available, multi-factor authentication is advised.

In regards to public Wi-Fi connectivity, there are varying degrees of risk, and caution is advised. Use of a Virtual Private Network (VPN) and avoidance of suspicious Wi-Fi hotspots is suggested. Regular updates on device’s software and applications, including security patches, are vital. It is also essential to avoid automatic Wi-Fi connection settings, and sharing of sensitive data over public Wi-Fi.

Last but not least, the UK’s National Cyber Security Centre recommends conducting sensitive tasks such as banking transactions on secure networks, thus increasing device security resilience.

In conclusion, regular application of the comprehensive safety measures recommended by the NSA and the UK’s National Cyber Security Centre can greatly fortify personal and financial information against data breaches, enhancing digital security.

The post NSA recommends weekly phone restarts for cybersecurity appeared first on SmallBizTechnology.

The change of heart comes amid escalating complexities linked to the trip, causing Maezawa to question his initial commitment. Although expressing regret over this development, Maezawa stressed the decision was in favor of ensuring the safety and welfare of his crew.

The scrapped mission, expected to make a historical mark in space travel, now hangs in the balance. No statement from SpaceX has been made about this sudden change or any possible future civilian lunar trips.

Termed the dearMoon venture, this project was slated to be a pioneering civilian lunar journey on SpaceX’s Starship. First unveiled in 2018, the timeline for this ambitious project has shifted largely due to the sophisticated nature of space travel and the needed technological advances. With this cancellation, the dearMoon voyage is now set for a prospective launch in 2025.

Maezawa’s project aimed to take eight diverse individuals on a round-the-moon journey, hoping to spark stimulating conversation about art, science, and the future of humanity. Participants would have witnessed zero gravity and a rare view of Earth despite the voyage’s daring nature.

The cancellation of the mission was officially announced by Maezawa, who expressed his regret and distress about extending the wait for his crew.

Maezawa halts SpaceX lunar journey

Emphasizing that the crew’s safety and well-being are the top priority, Maezawa acknowledged the difficulty of calling off the mission.

The news was greeted with mixed feelings from the crew, predominantly consisting of disappointment. Maezawa, however, stressed that this setback should not eclipse the crew’s dedication and commitment. Despite the mission being called off, he encouraged his crew to stay prepared for future endeavors.

The dearMoon venture still symbolizes humanity’s pursuit of knowledge and exploration despite the cancellation. It underscores courage, perseverance, and the resilience to cope with disappointment. A representative from dearMoon has reiterated that the cancellation, while unfortunate, was a necessary step due to unforeseen occurrences.

A variety of celebrities were scheduled for the space trip, including DJ Steve Aoki, K-pop star T.O.P, and Indian actor Dev Joshi. Each expressed great excitement for the trip, sharing their anticipation on social media platforms.

Maezawa, having previously embarked on a 12-day space expedition costing $80 million, shared his enhanced respect for the universe after his ambitious journey. SpaceX CEO Elon Musk and Maezawa, during a conference, highlighted the future role of AI in space exploration, predicting advances in AI technology that could revolutionize space exploration.

The post Maezawa cancels anticipated SpaceX lunar mission appeared first on SmallBizTechnology.

Built-in power-saving modes present in some Android devices adjust performance levels to conserve battery life. Limiting the use of power-hungry apps and turning off features like Bluetooth and GPS when they’re not needed can significantly improve battery lifespan. Often, replacing an old or faulty battery can solve major issues.

However, chronic battery drainage could signal underlying software or hardware issues requiring professional attention.

Although the Apple Vision Pro has many impressive features, recent reviews identified room for improvements in five areas. These include battery life, device weight, interface response times, screen resolution, and operating system speed.

New reviews on XR headsets have guided consumers to the leading model due to its top-rated display quality, user-friendly interface, and reasonable price.

Maximizing Android phone battery longevity

Despite the variety of headsets on the market, this specific model excelled in most evaluation criteria, making it a top pick for many. However, individual needs and preferences are still determinant factors to consider.

Subscribers of ChatGPT have voiced mixed feelings about the cost-effectiveness of upgrading to ChatGPT Plus. While some users find the enhanced features and increased flexibility worth the extra cost, others believe the original services were adequate for their needs.

In the broader tech industry, IBM is offering a free course in Artificial Intelligence. With an estimated completion time of ten hours, the course aims to equip students with foundational knowledge and skills in AI.

The benefits of shifting from Windows Home edition to Windows Pro edition were also discussed, including the increased protection and advanced management tools offered by the Pro version. The Flipper Zero device was praised for its radio protocols, infra-red transceiver, and versatility – capability to mimic various devices, making it a great tool for pentesters and hardware hackers.

Apart from software and courses, tech wearables and devices such as Apple Watch, Meta’s Ray-Ban smart glasses, Galaxy S23 Ultra, Sonos Era 300, Tesla Model 3, PlayStation 5 and Dell XPS 15 are hailed as some of the best purchases this year.

Coming into 2023, cybersecurity importance remains high. Antivirus software plays a crucial role in Linux systems, given the increasing number of cybersecurity threats. Exciting tech trends like the space race, the Metaverse’s effect on society and the workforce, and the way AI is impacting worldly enterprises are expected to define 2023.

The content of this digest has been authored by Max Buondonno, a renowned writer known for his analytical style and creative insights.

The post Effective methods extend Android phone battery life appeared first on SmallBizTechnology.

These advancements reveal Google’s dedication to AI advancements in the smartphone market. For convenience, toggles for different AICore-related settings have been included for customization of the AI features.

The AICore update is a major leap in smartphone technology and could inspire other manufacturers to follow suite. Google’s commitment to user-focused advancements is apparent by offering this tool for the everyday user to personalize their technology experience.

The new features rely on on-device GenAl Features through AI Core, a tool from the Gemini project.

Enhancing Pixel 8 with Android AICore update

Other applications are substantial with these innovative features, promising development in various fields.

To download the hefty Gemini Nano model, users should ideally be connected to Wi-Fi and be charging their devices overnight. Further application updates might be required for smooth operation of these new features.

Once the Gemini Nano model is successfully installed, your device may need additional application updates to maintain compatibility and functionality. The Pixel 8a will also profit from these updates due to the shared Tensor G3 chip with the Pixel 8.

Potential improvements may appear in various areas, such as camera capabilities, software integration, overall speed, and efficiency as a result of integrated use of the Tensor G3 chip.

The AICore update was first seen on a Pixel 8 running Android 15 Beta 2.1. However, there is no news of its arrival on the Pixel 8a which currently operates on Android 14.

The ‘Summarize’ feature in Pixel Recorder, Gboard Smart Reply and Google Messages Magic Compose are all driven by Gemini Nano. Initially exclusive to the 12GB Pixel 8 Pro due to RAM limitations, it is now integrated into the standard model of the Galaxy S24 and other devices, following the Android 14 QPR3 update.

The post Android AICore update enhances Pixel 8 features appeared first on SmallBizTechnology.

This innovative feature addresses the problem of navigating between different apps, especially when an activated link in one app disrupts another. The goal is to streamline the user experience and improve your productivity by allowing seamless switching between apps without any hindrance.

‘Picture-in-picture’ windows can be minimized within apps like Gmail by clicking on the chevron icon near the close button. The active tab transforms into a small, adjustable window that can be placed anywhere on your screen. This lets you continue with your main tasks, while ensuring the minimized tab can be accessed later.

This floating window becomes an interactive element that can be relocated, easily opened or closed.

Enhancing multitasking with Google’s picture-in-picture feature

Users can adjust window size, control its transparency, and fold it to a thin line of pixels, creating an unobtrusive design. This optimization helps keep your tasks organized, your screen space cleaner and more manageable, enhancing productivity.

Accessing the minimized tab is as simple as clicking on the floating window, which restores it to its original size. This feature has been tested and implemented on the Gmail Android app, ensuring optimal email accessibility.

Chrome users will be able to access this multitasking feature in the future. The feature, set to “on” by default, allows in-app tabs to be sent directly to the Chrome browser, providing better visual tracking of tasks, and enhancing productivity and task organization.

Google’s new functionality promotes better task management and is a useful tool for users frequently multitasking on their digital platforms. This feature represents Google’s dedication towards integrating advanced technology to improve the digital lives of its users.

The post Google’s new feature enhances multitasking in apps appeared first on SmallBizTechnology.

This major fundraising achievement will be used for outreach, software advancement, marketing, and to further facilitate the global shift towards renewable energy. The significant investment underscores growing global confidence in the green energy sector’s potential.

Proprietary platform used by Cloover links multiple stakeholders in the renewable energy field, proving beneficial for manufacturers, consumers, and providers alike. It maintains a vendor subscription model, aimed at making renewable energy tech more affordable, bolstered by a strong blockchain system for secure transactions.

Crucially, Cloover’s platform offers access to renewable energy related information, products, and services at the fingertips of its users and promotes efficacious communication between parties. Investors gain exposure to a wide array of renewable energy projects, fostering a more sustainable future through accelerated adoption of green technologies.

The company also utilizes proprietary data on energy conservation, providing financing options for households seeking energy efficiency. Cloover stresses the importance of sustainable living that’s budget-friendly.

Cloover’s innovative software boosts solar power adoption

Through the platform, households can apply for loans, track consumption, and receive personalized energy conservation advice.

Beneficial for both consumers and vendors, Cloover supports vendors in obtaining necessary working capital. It’s proactive in partnering with small and medium-sized installers, constituting over 85% of Europe’s solar installations. The platform assists these businesses to compete with larger entities, thus diversifying the renewable energy sector.

This is achieved through online exposure and digitally-enhanced market reach. Smaller companies are, therefore, enabled to leverage their unique competencies, enhancing competitiveness in an industry that has been monopolistic.

Strategic partnerships across Europe have played a significant role in Cloover’s work, collaborating with Zonduurzaam in the Netherlands and Solarkraft in Sweden. The recently acquired funds will be directed towards software improvements and expanding sales, payment, and financing features. They are also planning to enhance alliances within Europe’s renewable energy landscape.

The fundraising effort was led by Lowercarbon Capital, supplemented by 9900 Capital and QED, demonstrating Cloover’s ability to secure substantial financial backing. This indicates a ken keen on connecting up to 1 billion people with renewable energy resources, amidst growing Europe’s solar market.

The post Berlin startup Cloover secures $114M for solar power adoption appeared first on SmallBizTechnology.

Other technology stocks noted positive upticks, pushing the tech sector upwards. Despite fluctuations, Nvidia’s steady rise showcases investor confidence, backed by the company’s strong performance in the fields of Artificial Intelligence, data centers, and autonomous vehicles.

2021 has brought market volatility due to geopolitical tensions and Covid-19 concerns. Tech stocks like Nvidia’s resilience, however, suggest a positive prognosis and may indicate the start of a steady recovery phase.

Major indexes such as Nasdaq saw the most significant weekly growth with a 1.41% rise. Despite minor gains on Friday, the Dow Jones Industrial Average reported its first weekly loss in five weeks.

Nvidia’s share surge signals tech recovery

The S&P 500 also had a good week, with a growth of 0.82% logged.

The significant rise in Nasdaq’s growth is credited to the outstanding performance of technology and biotechnology stocks, coupled with investor optimism over the vaccine rollout. On the other hand, Dow Jones, more exposed to companies prone to cyclical economic shifts, fell slightly by 0.29%.

The S&P 500 noted a weekly increase of 0.7%, contributing to an overall 0.03% increase. The treasury yields changed little, while oil prices rallied from a three-month low.

Nvidia’s CEO, Jensen Huang, saw his wealth increase to over $90 billion due to positive forecasts on the company’s financial strength and strategic decisions that took the company’s shares higher. This rise in Nvidia’s shares is mainly linked to Huang’s leadership and strategic foresight.

Glass Lewis, a proxy advisory firm, has called on shareholders to reject a recommended remuneration plan for a CEO of another leading tech firm, citing potential share dilution, the size of the package, and the CEO’s involvement in multiple demanding projects.

Google faced criticism for providing incorrect or debated responses in its AI Overview function in its search engine. However, Google continues to back its technology and its commitment to the continuous evolution of its algorithms. Despite the controversy, Google is determined to refine the function and deploy more efficient methods such as increased human review to guarantee accurate and reliable results.

The post Nvidia share price rises 2.6% ahead of Memorial Day appeared first on SmallBizTechnology.

Recently, a researcher unveiled an exploit that enables dynamic app icons, through the system’s official API. However, this typically needs user permission. This significant revelation brings forth the potential of transforming app symbols dynamically, upsetting their traditional static nature. It propels customization forward, but hints at potential misuse, urging caution, closer scrutiny, and potential regulation to protect user data and mitigate pernicious applications.

The researcher also found a loophole that bypasses the user approval necessity.

Exploring dynamic icons in Apple apps

This deception makes the system confuse the app’s status check, thus allowing independent modification of the icon in the background. This exploit was further exemplified by creating animated symbols using multiple frames, improving the user experience and engagement.

Although revealing, apps employing this exploit might not pass the App Store Review due to possible debatable use. Hence, developers must adhere to Apple guidelines to increase their chances of approval.

We anticipate a revamp of the iPhone Home Screen with the probable launch of iOS 18, introducing more personalization options, including choosing the background colors for app icons. Confirmation is expected at the World Wide Developer Conference (WWDC) 2024 on June 10.

The research provides a fresh perspective on Apple’s mobile OS, outlining potential advancements. It challenges conventional ideas and uncovers system complexities. Such profound knowledge could spur innovative design and functionality changes in the operating system, potentially guiding the future trajectory of Apple’s mobile OS.

The post Apple developers explore dynamic app icons appeared first on SmallBizTechnology.

Introduced in September, Screen Distance sends alerts if iPhones or iPads come too near the user’s face. This health-saving tool aims to foster healthier screen-usage habits, encourage better posture, and decreases potential digital eye strain. Coupled with other tools in Apple’s health suite, it’s a significant aid in cutting down negatives of our growing digital lifestyle, such as unnatural neck angles and poor postures that can pave the way for musculoskeletal problems.

Screen Distance could essentially lower the chance of developing myopia or short-sightedness in users. Activated manually but operates automatically after setup, it monitors the screen-user distance rigorously, ensuring ideal viewing conditions. If the user moves too close to the screen for too long, it sends a gentle reminder to adjust their distance, thereby promoting eye health and reducing susceptibility to short-sightedness.

When the iPhone is detected as being too close, a warning message is shown and access to the device is blocked until it is moved to a safer distance.

Promoting eye health with Screen Distance

If a proximity sensor perceives the iPhone dangerously close to the user’s face, a warning pops up, temporarily blocking the screen. The device only becomes accessible once moved to a safer distance and the user taps on the displayed checkmark to regain control.

Despite its benefits, should users find Screen Distance’s warnings intrusive, it can be disabled via the Screen Distance settings on the device, underneath the ‘Warning Notifications’ option. But bear in mind, turning off these notifications might foster unhealthy screen habits due to diminished awareness.

Previews of more upcoming features in Apple’s next software update, iOS 18, were shared, with users advised to keep checking updates from WWDC 2024. Apple’s new offerings, which promise an intuitive, adaptable and highly personalised experience, have stirred anticipation for iOS 18. Rumours of a revamped notification system, aesthetic upgrades, and enhanced privacy options whet appetites further. Savvy Apple users and tech enthusiasts are recommended to track the updates and announcements from WWDC 2024, to get a first peek into the exciting new features expected with iOS 18.

The post Apple’s new feature safeguards users’ eye health appeared first on SmallBizTechnology.

The feature is dependent on a Developer’s option within the application, which, once enabled, offers an animated display of the ongoing app function. While this option might consume additional resources, it can provide developers with helpful insights for optimizing the user experience.

This move towards gesture navigation is part of an ongoing trend. Its implementation currently requires developers to independently integrate specific classes, which can be labor-intensive and potentially inconsistent.

Enhancing navigation in Threads with predictive gestures

Some firms address this by creating standardized libraries to simplify implementation, however, the interface should always remain user-friendly and intuitive to navigate.

Apart from Threads, another in the ‘Top 20’ complimentary apps on the Play Store incorporating this feature, is Meta’s Threads. It maintains a growing trajectory demonstrating a commitment to continuous improvement and user satisfaction amidst increased competition.

The latest version of Threads, v332.0.0.34.109, includes this feature and is currently compatible with devices operating on Android 15 Beta, or Android 13 and above with the Developer option activated. This update ensures enhanced interaction, fluid usage, and addresses previously identified issues.

With the predictive back gesture, navigation through threads of posts becomes effortless, improving the overall user experience and setting Threads apart from other social platforms. This feature has the potential to revolutionize the user interface experience across various applications, as it reduces manual scrolling and increases efficiency. While Threads takes the lead, it remains to be seen which other Android applications will adopt this feature in the future.

The post Threads for Android updates with predictive back gesture appeared first on SmallBizTechnology.

The function works through advanced biometrics, identifying potential areas of eye strain and offering recommendations for frequency of breaks and suitable brightness levels. The tool even adjusts screen coloring based on times of day to limit blue light exposure. This initiative reflects a meaningful step in melding technology with health-conscious development.

Continuous close screen usage can have detrimental effects according to numerous health studies. Such effects can include eye discomfort, strain, and possibly disorders like myopia or shortsightedness. Other risks involve posture problems, sleep disturbances, and mental health issues, with children’s development and learning abilities also potentially affected. These findings have directed the design of healthier technology habits and screen guidelines.

Apple’s Screen Distance feature works to lessen eye strain and risk of myopia. The feature prompts users to activate ‘Screen Distance’, delivering alerts when it’s time to pause on-screen activity.

iOS 17’s new eye health initiative

If screen usage exceeds a set limit, an alert suggesting a break is sent out. Users can personalize the alert timings, with the feature also suggesting engagement in physical activities.

Activating the Screen Distance function triggers a persistent alert saying, “iPhone May Be Too Close” when the iPhone is held too near to the face. Ignoring the alert results in continued warnings and possible temporary screen disablement. Users can adjust the warning trigger distance based on comfort and viewing habits.

Users finding the feature intrusive can turn off the function via settings, allowing proximity of choice between iPhone and face. However, doing so could lessen the positive effects of reducing eye strain and potentially preventing myopia. Users have the option to reactivate the feature to continue gaining healthy habit reminders.

Apple continues to weave user convenience and healthcare features into its updates, with more advancements slated for iOS 17 and iOS 18. The goal is to promote a healthier lifestyle for users through features like sleep tracking, heart rate monitoring, and calorie counters. Future updates could revolutionize how users manage their health through more precise protocols and recommendations.

The post Apple introduces eye health feature in iOS 17 appeared first on SmallBizTechnology.

Apple quickly addressed user concerns, assuring them that a software update would be released as soon as possible to rectify the situation. Meanwhile, users were advised to refrain from deleting important files. The investigation is ongoing with Apple working closely with cybersecurity groups to expose any additional vulnerabilities.

Publicly acknowledging the malfunction, Apple revealed that a “database corruption” was responsible, explaining that files which users believed to have deleted were not entirely erased. In an unexpected twist, iCloud syncing was ruled out as the culprit.

iOS 17.5 glitch revives deleted files

Instead, a fault in a database entry on the device’s file system seemed to be the problem, affecting files stored on the device.

Apple provided several potential solutions. These included deleting particular files, resetting system settings, or—in extreme cases—the complete reset of the device. If these measures failed to solve the problem, Apple support was recommended. They assured that even this complex-seeming issue can often be resolved with relatively simple troubleshooting steps.

For concerned users, Apple emphasized that only a small fraction of users were affected, and that the company does not have access to users’ photos or videos. They stressed that third-party applications only have limited data access, guaranteeing the preservation of user privacy.

Apple made a firm stand against a Reddit user’s claim of re-emerging files on a wiped and re-sold device. They asserted that thorough erasure of a device results in permanent data loss, suggesting misunderstanding or attention seeking on the part of the user.

In the follow-up iOS 17.5.1 update, Synactiv security investigators identified a migration routine from the original iOS 17.5 as the root of the problem. This routine scanned and restored photos back to the photo library; it was removed in the new update.

The post iOS 17.5 users find deleted files reappearing appeared first on SmallBizTechnology.

AI allows students to learn at their pace and gives immediate feedback while tracking their progress, making learning more personalized, accessible, and efficient. Despite their Chinese origins, such innovations have had a worldwide impact, with rapid adoption in America.

These AI-based programs can rival with traditional tutoring services, providing equal or superior services at a greatly reduced cost. The AI platforms, available around the clock, allowed users more flexibility and control over their study schedule. This control, combined with their ability to adjust to each student’s learning style, makes AI an attractive alternative to conventional tutoring.

Currently, 25% of top-rated U.S. educational apps use AI to support students’ learning journey. This number is projected to increase due to the growing reliance on virtual learning amidst the global pandemic. However, to maximize the benefits of this technology, it should be paired with human thought and judgment.

There is debate over the utilization of AI in education.

Personalized learning through AI in America

On one hand, AI-driven tutors increase the accessibility of affordable tutoring and offer personalized learning experiences like in the case of a high-school student, Myhanh, who experienced marked improvement in her math scores. On the other hand, critics argue that AI might lead to a diminished role for teachers and that the success of AI-education heavily relies on the quality of the algorithms, and poorly designed ones could hinder learning.

Despite its benefits, AI in education also has its downsides. The primary issue is the increased likelihood of incorrect responses. For instance, AI tools, despite their continuous improvements, are more prone to errors than conventional methods. Also, the absence of human interaction can lead to potential misunderstanding, as AI tools cannot interpret unconventional responses as effectively as a human tutor. Data privacy and ethical concerns are also a concern as these tools store considerable user information.

Despite the debates around total integration of AI in education, there’s also a discussion around educating students about the pros and cons of AI and ways to effectively integrate these tools into their learning. While AI has the potential to enhance personalized learning and make it more efficient, over-reliance could negatively impact critical thinking skills. Lastly, privacy concerns and potential reinforcement of existing inequalities in education remain as serious issues to be addressed.

The post AI transforms U.S. learning with personalized approach appeared first on SmallBizTechnology.

The firm plans to provide sales and marketing support to these startups in collaboration with GrowthBuilders, aiming to equip them with the necessary tools to thrive in the digital economy.

The selected startups mainly offer identity-based services and tokenization solutions. They will be integrated into larger organizations within PwC’s vast network, bringing cutting-edge technology to PwC’s existing capabilities.

Renowned startups like Trust Stamp, Vidos, Truvity, and Archipels offering identity services and Brickken, Vertalo, Zoniqx and Hedgeguard providing tokenization solutions are among the chosen ones. They use advanced technology to streamline business processes, improve data security, and enhance user experiences.

Brickken, Vertalo, Zoniqx, and Hedgeguard are notably focused on tokenization solutions, converting real-world assets into digital tokens using blockchain technology.

Digital startups selected for PwC’s accelerator

This creates exciting opportunities for businesses and investors.

Among the chosen startups, Venly has taken a unique path. Initially catering to the gaming and entertainment industry by providing digital wallets for Non-Fungible Tokens, it has pivoted to offer digital wallets specifically for the e-commerce sector, following the footsteps of Starbucks.

Other startups in the lineup include Alterscope, Custodiex, BiblioChain, BlockCapita, TechNovum, and QuantumResilient, offering varied solutions from web3 risk management to AI-based market prediction algorithms to secure quantum computing, highlighting the program’s innovative aspirations.

As a member of the ‘Big 4’, PwC is heavily invested in developing web3 interfaces. Other ‘Big 4’ firms such as EY, KPMG, and Deloitte are also making strides in technology, focusing on aspects like accessibility of permissionless blockchains, AI’s potential in auditing, and optimization of digital transformation strategies respectively.

Meanwhile, Accenture, not a ‘Big 4’ member, is making its own mark by integrating data analytics into its suite of consultancy services. This move is aimed at making business intelligence accessible to a wider client base across various sectors.

The post PwC selects 11 digital-focused startups for accelerator program appeared first on SmallBizTechnology.

Post business-sale, the Seattle startup aims to place greater emphasis on technological innovation within the industry. Noteworthy is their possession of intellectual property, software, and brand even after the changes. The company’s mobile app, which facilitates user connection with local laundries, has operated across nine U.S. markets and processed about $3.5 million worth of laundry orders.

The startup boasts a 60% customer retention rate, attributable to its unique platform, customer-centric approach, and data-driven strategies. Future plans entail extensive marketing, app improvements, and entry into other domestic service markets. They plan to raise their U.S. profile on the strength of a $4 million 2022 investment from Jason Calacanis and the Launch Syndicate.

In the wake of this substantial investment, the startup has seen enhanced growth, market visibility, and investor credibility.

Seattle startup’s strategic divestment for growth

The collaboration with the Launch Syndicate has resulted in benefits beyond monetary support, such as strategic mentorship and enhanced networking within the tech space.

The transition into 2023 saw the startup’s revenue and customer base increase as a result of the investment. Yet, consistent profit generation and additional funding have been challenges in the post-COVID business landscape, prompting a need for improved efficiency, cost reduction, and revenue stream diversification.

Despite obstacles, the startup remains confident about its future. Their CEO sees the client base sale as a move in line with company goals. His reassurances stress continuous support during transition and sustained service quality, promoting optimism regarding better service outcomes for customers and long-term industry strengthening.

Rinse, a purchasing entity, mirrors these growth ambitions, having acquired Room Service, FlyCleaners, and ButlerBox. Conversely, the Seattle startup purchased a gig economy job-bidding platform. Agile amidst ongoing restructuring, the company continues to eye expansion opportunities within a rapidly evolving technological landscape.

The post Seattle startup divests parts for growth appeared first on SmallBizTechnology.

Engineered to enhance AI applications’ functionality, these AI chips promise faster operation and reduced power consumption.

The impact of such development can already be seen on AI tasks like machine learning and deep learning, making them more efficient and expanding the realm of technological capabilities.

This new wave of AI chip startups, although small in number, are causing significant changes in the market, gradually opening up an era of advanced AI abilities.

The increase in performance these startups offer is propelling the global tech community towards sophisticated AI solutions, increasing pressure on established companies to innovate and keep up with the new players.

No doubt, this continuous surge in AI chip startups is set to bring a revolutionary transformation to the tech world.

AI chips, especially those from Nvidia, have become critical for businesses aspiring to make their mark in the rapidly evolving field of artificial intelligence.

These chips have shown the potential to process large amounts of data rapidly and effectively, making them an ideal choice for AI applications.

Companies are heavily investing in these chips to enhance their data processing capabilities and provide better AI services.

Meanwhile, the unfortunate ‘chip-poor’ companies are facing a tough war on their way to maintain balance in the market.

Interestingly, these chips were initially designed for video-game graphics processing and not AI tasks.

Startups’ new AI chips challenge Nvidia’s dominance

Nvidia, however, found them to be equally efficient for AI processes, giving rise to their expanded usage.

Beyond just gaming, Nvidia’s chips are making their way into varying fields, including autonomous vehicles, medical diagnostics, and even predicting weather patterns.

Such unexpected versatility of the AI chips has put Nvidia in a dominant position within the AI industry.

But for an industry that thrives on innovation, the future is unpredictable. Various startups are bringing fresh solutions that could potentially challenge, and possibly even surpass Nvidia’s offerings.

The success of these startups will largely depend on their capacity to respond to unique customer requirements while maintaining competitive market prices.

While Nvidia remains a key player in the AI chip market, continued success in a swift-paced evolving landscape is not definite. The exponential speed of innovation increases the chances of another company developing an AI chip to outperform Nvidia’s.

The changing dynamics of the industry offers an exciting race to technological advancement, keeping the tech world guessing whether Nvidia will sustain its position or a new player will lead the way.

The post Startups challenge Nvidia with new AI chips appeared first on SmallBizTechnology.

The Recall feature, specified for Copilot+ PCs, preserves encrypted snapshots of user activities on the device itself and not on the cloud. The saved images can be accessed at will, providing a safe net against data loss. However, privacy advocates dub this a ‘privacy disaster’ and have prompted the ICO to investigate thoroughly.

These advocates express concerns about potential data breaching and suggest reinforcing privacy laws surrounding such products. Transparency in data usage, clear guidelines on data management, and provision for appropriate redress mechanisms assume importance. Microsoft, in its defense, clarifies the voluntary nature of the feature and emphasizes that the data remains local to the device.

The Recall feature scrutinizes a user’s past activities, from file access to browsing history.

UK’s ICO probes Microsoft’s Recall feature for privacy issues

Critics worry about potential privacy issues while others argue it boosts productivity by facilitating easy access to past work. Critics, however, suggest less intrusive options for those uncomfortable with the Recall tool’s detailed analysis of activities.

Microsoft consistently reminds that users have control over the activities captured. Private browsing through the Microsoft Edge browser is exempted from monitoring. Incorporating this policy addresses certain privacy issues, enabling users to protect their browsing history. The company maintains that users continue to have the upper hand on their data by permitting them to deactivate activity capture on specific sites.

In conclusion, advocates urge users to refrain from activities they wouldn’t want publicly visible while using the Recall feature. Emphasize on privacy and immediate reporting of suspicious activity are advised to prevent unauthorized data access. Microsoft stresses that it does not record activities carried out during private browsing sessions, promoting safety and security for all users.

The post UK’s ICO investigates Microsoft’s Recall feature over privacy concerns appeared first on SmallBizTechnology.

In an act of digital inclusivity, Google plans to roll out these powerful tools to all users, no matter the age or model of their phone. The move sees Google making strides to broaden its consumer base, embracing various demographic backgrounds, and making tech more user-friendly.

As Google continues to expand its digital influence, this initiative is welcomed by users. This more democratic access to Google’s suite of tools signifies an exciting development in Google’s pursuit of technology accessibility.

As of May 15, Pixel 7 and Pixel 6 series owners can make use of the Magic Editor without a Google One subscription.

Expanding Magic Editor access to older Pixels

Users can now more readily access this advanced editing feature at no extra cost, tweak elements such as brightness, contrast, and saturation straight from their phones. Google once again proving their commitment to adding value for users globally.

The Magic Editor’s capabilities include altering photo size and positioning, removing unwanted elements, and even adding artistic presets. While Non-Pixel users are limited to ten free saves per month (a restriction lifted with a Google One subscription), Pixel users enjoy unlimited use of the Magic Editor, gaining access to a variety of tools, filters, and customizable options for all their photo editing needs.

Google is also set to introduce AI-based editing options including the Magic Eraser, Photo Unblur, HDR effect, Portrait Light, Color Pop, and Sky suggestions. Each feature aims to simplify and streamline the photo editing process, while also giving users the ability to create high-quality pictures with ease.

The Magic Eraser can remove unwanted objects, Photo Unblur reduces blur, the HDR effect increases photo detail, Color Pop adds contrasting color, Portrait Light modifies lighting effects, and Sky Suggestions enhance the look of the sky.

Free availability for Android, iOS, and Chrome OS platforms is imminent, further extending Magic Editor’s reach. While restrictions for Non-Pixel users exist, Google’s move to broaden Magic Editor’s scope is nonetheless commendable.

The post Google expands Magic Editor access to older Pixels appeared first on SmallBizTechnology.

In the past, Samsung primarily worked on security upgrades. The rumored new updates suggest a change in approach with an emphasis on software innovation and user experience enhancement. Part of this development involves improving device performance and personalization options.

Exact details of the updates are yet to be revealed.

Anticipated updates for Samsung S23 and S24

Their build numbers, however, hint at major changes beyond the usual bug fixes and minor enhancements. Users should keep an eye out for official announcements to learn about these transformations.

The Galaxy S23 series’ forthcoming updates are set to rectify issues such as excessive battery consumption, lengthy charging times, camera issues, and occasional device overheating. The resolution of these issues is anticipated to significantly enhance the series’ overall performance.

Meanwhile, Galaxy S24 series owners look forward to improved camera technology, better battery life, faster charging speed, and more vibrant display quality. They also anticipate substantial developments in software and security upgrades.

Samsung has yet to disclose the software updates’ release date, but rumors suggest they could roll out in the coming weeks. These updates are predicted to enhance the user experience with exciting new features.

In related news, Samsung offers double storage and free wireless earbuds to Galaxy S24 Ultra buyers. It has also introduced an educational discount program in India, making its products, including laptops, tablets, and smartphones, more affordable for students.

The post Samsung S23 and S24 series anticipate major updates appeared first on SmallBizTechnology.

Such a development is essential for users engaging with apps on varying devices, and gives them insights into how an app could behave on different displays. The change enables users to adjust expectations based on an app’s performance on different platforms and make informed decisions about app usage based on device compatibility.

On May 14, 2024, Google Play revealed sweeping changes to its app cataloguing system, ushering in device-specific ratings and reviews. This feature presents the user with a broader understanding of app performance on any device. Leveraging a machine learning algorithm for personalized ratings, the changes aim to offer more precise and transparent information.

To help users with older devices, Google Play will also exhibit if an app’s rating is based on their device model or the overall rating – a move that will surely lead to improved user satisfaction during the app selection process.

Google is rolling out more features to enhance app listings for developers, such as allowing device-specific screenshots, ratings, and reviews.

Enhancing cross-device app interaction with Google Play

These additions will help developers better target their audience and fine-tune their app’s user experience ae per device type.

These new features are expected to guide users into making more informed decisions, potentially boost app downloads and usage. It would offer a clearer comprehension of an app’s functionality on a specific device, and enhance user experience. Moreover, more direct feedback on an app’s performance could lead to precise app improvements, refining the overall app quality and user satisfaction.

Google anticipates these updates will elevate the detectability of apps, especially when users filter searches by device type. It is expected to enhance the app discovery process and cater to users’ needs more effectively. The changes could also improve Google’s search algorithm’s relevancy and precision, benefiting both users and app developers by heightening visibility and downloads.

Apart from these, Google has made other announcements including detailing data on new features and upgrades for developers, and integrating Gemini into Android. The Pixel 8a’s launch and the release of the first set of factory image files has also been announced.

The post Google Play enhances cross-device app experience appeared first on SmallBizTechnology.

This partnership exemplifies the commitment of both Apple and OpenAI to apply AI technology within the iOS operating system. They intend to improve data security and privacy while enhancing Siri’s voice recognition and personalized suggestions. The alliance also focuses on machine learning research and development, hoping to bring about revolutionary changes for iPhone and iPad users.

Industry insiders predict that Apple will incorporate OpenAI’s technologies into iOS 18. This includes ChatGPT, a conversational AI model, which may go live with the release of the new OS. This AI model is known for its superior conversational abilities, creating potentially more interactive and intelligent user experiences.

Siri’s enhancement with OpenAI in iOS 18

The introduction of ChatGPT will be a testament to Apple’s commitment to merging cutting-edge technology with its user-friendly interface.

The planned upgrade will potentially include features like real-time translation ability, improved speech recognition, and customized suggestions. Advanced AI will handle image and photo-editing tasks while learning from each interaction. These anticipated improvements aim to strengthen Siri’s standing in the tech market and enhance user experience, marking a shift from Apple as merely a smartphone company to a more extensive domain that includes AI advancements.

Despite these anticipated benefits, there are internal debates within Apple regarding possible risks like the spread of false information, manipulative behavior, and user distress from misinformation. It’s essential to address these issues before full integration to keep Apple’s reputable brand image intact.

Apple’s intention to develop an in-house chatbot will be aided by external expertise from OpenAI. As many companies adopt sophisticated language models as personal digital companions, Apple is committed to advanced AI models to enhance user interaction. Partnering with OpenAI allows Apple to meet the growing need for advanced personal digital companions using cutting-edge technology.

Finally, Apple is keen to display its independent AI capabilities by introducing the high-performance M-series chip. This chip can perform 38 trillion operations per second (TOPS), allowing AI applications to run directly on the device without internet connectivity. This adds another layer to Apple’s dedication to innovation and user satisfaction.

The post Apple partners with OpenAI to enhance Siri in iOS 18 appeared first on SmallBizTechnology.

According to his report, Voice Isolation hones in on the caller’s voice, dramatically reducing environmental disturbances that could interfere with communication. He guides users through various settings and ways to leverage this beneficial feature. Apple’s push to enhance user experience reflects in additions like Voice Isolation.

Introduced in March 2023, Voice Isolation can be enabled easily via the iPhone Control Center. It’s designed to augment call clarity by diminishing background noise, thus significantly bettering the user’s conversation experience.

This extremely useful feature ensures the user can focus on the conversation irrespective of surrounding noise. Regular updates for bug fixes and function optimization make it more efficient and simpler to use.

Once activated, Voice Isolation stays operational for all following calls until manually turned off.

Enhancing call quality with iOS Voice Isolation

Hence, once switched on, it works continuously unless user decides to turn it off. It ensures consistent background noise reduction and can be adjusted as per user’s preference.

Users can evaluate Voice Isolation effectiveness by calling their own number. If functioning properly, the sound quality will be excellent with barely any background noise. Another testing method is using another phone to listen to the received call, giving a true sense of the feature’s efficiency. To ensure access to the latest features, always updating the iOS system is recommended.

Another innovative feature, Wide Spectrum, heightens background noises during calls rather than reducing them. Ideal for conference calls, it guarantees everyone’s voice is heard equally, revolutionizing typical noise reduction techniques and enhancing audibility and clarity.

At present, the Wide Spectrum feature is restricted to FaceTime calls. But its availability in Mic Mode suggests that Apple may soon introduce this feature to all telephone calls, expanding its versatility.

The post Underrated iOS feature enhances call clarity appeared first on SmallBizTechnology.

The implications of GenAI are also reaching the financial services sector known for its caution in adopting new technologies due to its sensitive data handling. The unpredictability introduced by GenAI could potentially disrupt normal operations, thus requiring stringent precautions. Yet, many financial firms realize the potential for operational efficiency and enhanced decision-making that GenAI poses, despite the associated challenges.

GenAI is recognized for its potential to enhance productivity and efficiency in various sectors like fraud detection, customer service, and management of large personal information sets. However, precision in GenAI training and strict adherence to ethical guidelines are critical to ensure individual privacy and data protection. It’s not just advancing technologically—it’s also applying it responsibly and mindfully.

With the increased use of GenAI, significant security implications arise.

Addressing GenAI’s cybersecurity complexities in fintech

Organizations need to bolster their defenses against AI-powered attacks that expose vulnerabilities for data breaches and the creation of AI-based malware. As these attacks become more prevalent, organizations need to establish stringent security measures to effectively counter these threats.

Addressing these challenges means establishing a robust AI infrastructure for maintaining security while complying with SEC’s transparency requirements. Additionally, a comprehensive AI governance program to ensure proper oversight, ethical use, and alignment with organizational goals is absolutely essential. Ingraining regulatory compliance into every process—right from data collection to algorithm development and then model deployment—is paramount.

To efficiently manage GenAI, firms also need a comprehensive understanding of GenAI’s application within their structure. Tracking GenAI usage can help identify, trace, and prevent potential security risks, while also fulfilling the SEC’s reporting requirements. The need for a stringent control system to monitor GenAI applications is evident—a thorough monitoring and documentation process assists in early anticipation and navigation of potential risks, enabling effective response strategies in case of breaches.

The post GenAI prompts cybersecurity challenges in fintech appeared first on SmallBizTechnology.

Previously considered a financial lifeline for Synapse, the acquisition’s collapse could lead to major repercussions for the company which is already in dire financial straits. This divergence has sparked tensions within the organization and created a cloud of uncertainty over Synapse’s potential future.

Synapse’s troubled relationship with Evolve Bank & Trust emerges as another key issue. Synapse has pointed fingers at Evolve accusing them of causing their economic woes, a claim that the bank vehemently disputes.

Tensions escalated when TabaPay issued a termination notice for the acquisition deal, highlighting significant unmet conditions. This in turn ignited a fiery exchange of allegations between Synapse and Evolve, adding fuel to an already existing conflict.

During a bankruptcy court hearing, Synapse declared that the deal with TabaPay had reached a deadlock.

TabaPay rescinds Synapse acquisition plan

This marked a crucial turning point in the tumultuous relationship between the two parties, propelling the dispute into uncharted territory.

Sankaet Pathak, TabaPay’s CEO and co-founder Lynda J. Grant put the blame squarely on Evolve, accusing them of failing to meet their For Benefit of Others (FBO) obligations. Evolve, on the other hand, stated it had fulfilled all contractual responsibilities concerning the proposed deal.

Adding to its troubles, Synapse was recently removed as an intermediary between Evolve and Mercury. This lead to an overdraft of $49.6 million for Synapse and a lawsuit filed by Mercury against it. Following this, Synapse’s financial stability took a nosedive, disrupting its other partnerships who started questioning the integrity of the firm.

Investors have also started to back away, concerned about the uncertainty surrounding the company and the lawsuit. Synapse has formulated a plan to repay the overdraft, but the lingering effects of these actions have already delivered a blow to the company’s reputation.

The post TabaPay abandons acquisition of struggling Synapse appeared first on SmallBizTechnology.

The donation is purposed for the university’s FinTech Center, supporting ongoing blockchain studies and associated programming over three years.

Academic research and student involvement in FinTech projects will be amplified by the company’s generosity.

The funding acts as a launchpad for innovative approaches in blockchain technology that are expected to underscore students’ fintech career skills.

The gift serves to escalate the FinTech Center’s grasp and application of blockchain, cryptocurrency, and cybersecurity.

It is hoped to augment the digital competence of the university and its associated Historically Black Colleges and Universities (HBCUs).

In turn, the investment will cultivate a leading-edge technological atmosphere for future generations.

In response to the large donation, Dr. Ali Emdad, the Interim Dean of the Earl G.

Morgan State’s blockchain endowment spurs innovation

Graves School of Business and Management, described the funding as a catalyst.

He understands that the university can thereby lead advancements in financial technology and allow students to take significant positions in the FinTech industry.

Dr. Emdad further elaborated that the grant would boost the institution’s potential for research and development, elevating the profile of the Earl G. Graves School of Business and Management.

The donor company’s Senior Director of University Partnerships, Lauren Weymouth, reaffirmed their commitment to education, inclusivity, and institute collaborations such as with Morgan State.

Weymouth stressed the potential of blockchain technology in driving economic change and the company’s intent to engage more students with emerging technologies.

The National FinTech Center at Morgan State University has big plans for the partnership and funding, aiming to leverage cutting-edge technology to reform the finance and technology fields.

The center also aims to propel innovation, generate new knowledge and foster a community of practice among students, faculty, and industry professionals.

Funds will be used to advance the center’s initiatives towards skill development and capacity building in areas such as data analytics, machine learning, and artificial intelligence, thus becoming a nucleus of FinTech innovation while offering a platform for students eager to shape the future.

Since its establishment in 2018, the Center has fostered innovation, knowledge circulation, and leadership skills among students and faculty as the hub for the HBCU Blockchain and FinTech Network.

It continuously nurtures an environment that promotes intellectual growth and technological prowess.

Targeting an informed workforce, the center shapes students’ comprehension of the complex FinTech universe, encouraging them to push the boundaries of traditional practices and lead technological and innovation-driven transformations.

The post Morgan State University receives major blockchain endowment appeared first on SmallBizTechnology.

Siri has also been upgraded, becoming smarter and more intuitive. The latest update includes security patches vital in fixing vulnerabilities that may risk user privacy and data.

The update introduces Quartiles, a new word puzzle game exclusive to Apple News Plus members. ‘Read with Me’, an AI-driven feature to aid children in improving their reading comprehension, has also been introduced. As a bonus, users can now access the ‘High Interest, Low Vocabulary’ library which is specially designed for emerging readers.

The user interface experience has been enhanced with the introduction of dark mode for easier nighttime reading.

iOS 17.5’s privacy upgrades, gaming, and accessibility

Voiceover support has also been improved, allowing visually impaired users to navigate more comfortably.

The ‘Live Text’ feature has been introduced to improve accessibility. This feature enables users to recognize text in images, which can be copied for use in their articles or other projects.

For a dash of friendly competition, Apple has added a leaderboard feature. Apple News Plus members can now compare their daily Quartiles scores with others. The leaderboard can be activated through the Game Center option under News+ Puzzles.

An Offline Mode has been introduced, allowing users to download stories, puzzles, and audio pieces for offline use. A bookmarking feature has been added to give users easy access to their favorite articles and pieces at their convenience.

To increase security, iOS 17.5 sends notifications about unidentified third-party trackers in close proximity. Following the alert, the device helps locate the tracker and provides steps to deactivate it.

Lastly, Apple has increased its direct app download capacity for EU residents, allowing them to download apps directly from developers’ websites.

In conclusion, Apple News Plus continues to break boundaries by introducing features that are informative, entertaining, and educational. Apple’s commitment to accessibility and creating a user-friendly experience remains commendable.

The post Apple unveils iOS 17.5: advanced privacy, accessibility enhancements, and exclusive games appeared first on SmallBizTechnology.

These latest releases mark the first major update to the iPad series in a year and a half, representing Apple’s commitment to high performance, state-of-the-art design, and seamless user experience. Contributors to the unveiled iOS 17.5 update also hinted at dramatic changes in the iPhone series expected by 2025.

A bright OLED screen, thinner model, and shifted front camera are part of the iPad Pro’s new features, along with compatibility with the Apple Pencil Pro. The machine’s updated M1 chip allows for faster processing and improved graphic performance, perfectly suited for multitasking.

The Pro model also comes in two sizes, 11 inches and 12.9 inches, with storage capacities ranging from 128GB to 2TB. It boasts 5G connectivity, a 12MP wide front camera, and a LiDAR Scanner for AR, catered to content creators.

Mid-tier iPad lineup gets a refresh with the new iPad Air, featuring a 13-inch size preference and an M2 chip. A redesigned Touch ID for faster access and a USB-C port for broader compatibility are among the machine’s improvements.

Unveiling Apple’s latest upgraded iPads

In addition, spatial audio feature upgrades ensure a high-quality immersive sound in a streamlined frame.

Rumors about the future of iPhone include a shift from the current “Plus” variant to an “iPhone 17 Slim” in 2025. The upcoming model is expected to be slimmer, with a unique rear camera setup.

YouTube assessments of the new 13-inch iPad Pro’s durability reveal its resilience despite its slim 5.1mm frame. This durability benchmark sets a new standard for tablets and is one of many factors that demonstrate Apple’s commitment to innovation.

Additionally, Apple has promised innovative solutions for security and privacy concerns in their iOS updates. These solutions, showcased on Global Accessibility Awareness Day, include groundbreaking features like eye tracking and haptic signal support for moving vehicles.

For gamers, Apple has finally allowed console emulators on its App Store, permitting users to return to classic consoles like the Game Boy and the original PlayStation. This represents an exciting shift in Apple’s policy and creates new opportunities for both developers and users.

The post Apple unveils upgraded iPad models with advanced features appeared first on SmallBizTechnology.

Phantom Wallet, a leading cryptocurrency wallet, has climbed to third place in the utility segment of the Apple App Store, sitting just behind Google and Google Chrome Apps.

This illustrates the wallet’s growing popularity and credibility within the digital currency industry.

Vaulting past major competitors to this position, Phantom Wallet has established a new benchmark for other crypto apps to aim for.

Originally built for Solana, Phantom Wallet’s success bodes well for Solana cryptocurrency.

Industry figures such as businessman, Evan Luthra, and influencer, Borovik, have publicised their upbeat outlook for Solana due to Phantom’s triumph.

Such high-profile endorsements reinforce the perceived value of Solana in the crypto community.

Phantom Wallet’s success is seen as evidence of the robustness and future potential of the Solana blockchain.

Indeed, Phantom’s win is seen not just as an individual success, but an affirmation of Solana’s strength and prospects.

Increasing adoption of Solana-backed apps like Phantom is expected to magnetise more users and investors, fuelling its growth trajectory even further.

Phantom Wallet recently struck another milestone, achieving seven million monthly active users.

Such a boost in user numbers for a crypto wallet is often viewed as a sign of wider acceptance.

Progressively, Phantom Wallet’s growing influence in the crypto wallets space is indisputable.

Despite being initially developed for Solana, Phantom Wallet now accommodates Bitcoin, Ethereum, and Polygon blockchains.

Meanwhile, Solana’s trading value has shown significant growth in the past month.

With its adaptability spanning multiple blockchains, Phantom Wallet has acquired a significant user base, underscoring its adaptability in a swiftly evolving crypto landscape.

Professional trader, Share, shared valuable insights on App Store rankings.

He stated that a surge in rankings for cryptocurrency wallets like Coinbase and Phantom Wallet could potentially imply a peak in the market.

Performance and rankings of crypto-related apps on platforms like the App Store become increasingly vital with the rise of digital currencies.

However, fluctuating variables like monthly uninstalls and in-app purchases could disrupt an app’s ranking.

User reviews also impact a crypto wallet application’s ranking on the App Store platform.

Share’s analysis of App Store rankings offers valuable insights to users and investors in the crypto market, underlining the importance of monitoring the performance of key crypto wallet applications.

Beyond just enabling transactions, Phantom Wallet gives users full control over their keys, providing a safer alternative to storing assets on exchanges.

Particularly following a notorious crypto exchange collapse last November, this feature has gathered attention, increasing interest in finding safer ways to handle cryptocurrencies.

Users of Phantom Wallet value its seamless integration with multiple blockchain platforms, simplifying their portfolio management.

The post Phantom Wallet ranks third in App Store’s utility segment appeared first on SmallBizTechnology.

Notable among these features is the innovative eye-tracking functionality. This feature provides users the convenience of hands-free use of their iPhones and iPads by merely using their gaze, a feature conceived with the intent of facilitating seamless user experiences for those with physical constraints or mobility issues.

Apple’s eye-tracking operates by capturing eyemovements through the device’s camera. As the gaze moves, so does the cursor, allowing interaction with the device. The feature includes “eye blink” for selection and a consistent stare for a double-click.

Complementing eye-tracking, Apple has also introduced other features like sound actions for switch control, voice-over recognition for apps, and support for bidirectional hearing aids, affirming their commitment to inclusivity and accessible tech for all.

Eye-tracking was initially designed for physically disabled individuals but will be available for all. Integrated with sophisticated A.I, it needs no external hardware, making it compatible with all Apple applications. Users can use eye movements for navigation, gaming, typing, and other functions.

Exploring Apple’s new eye-tracking functionality

Adaptability comes with the technology as it learns the user’s behaviors to enhance accuracy and speed, with sensitivity settings available for customization.

The technology also uses machine learning for secure data storage. The unique feature allows users to navigate through various app components just by maintaining eye contact with the device.

Another significant update includes adjustments to the Taptic engine. This feature now supports taps, vibrations, and textures that correspond with music playing on an iPhone, initially accessible on Apple Music but with plans to incorporate it into different apps moving forward.

In addition, a Vehicle Motion Cues feature will help reduce motion sickness, while the Voice Control feature enables CarPlay users to navigate using their voices. Support for hard-of-hearing and colorblind users is also provided with Sound Recognition and Color Filters, respectively. For better accessibility, options to enlarge text and increase contrast are introduced, catering to visually impaired users.

The new enhancements and features demonstrate Apple’s consistent focus on user-centricity and accessibility, showing the company’s commitment to innovating and enhancing the versatility of its offerings. These user-driven features signify Apple’s relentless pursuit of customer satisfaction and their dedication to creating inclusive and adaptable products.

The post Apple unveils eye-tracking feature for enhanced accessibility appeared first on SmallBizTechnology.

The new features include real-time updates about the driver’s route and traffic conditions. Notably, there is now a screen casting function that allows drivers to mirror their smartphone screens on their vehicle’s display, using touch or voice commands.

The upgrade also comes with new apps specifically designed for use while driving. This includes music and audiobook apps, navigation apps, and those that control the car’s features. The tech giant is indeed pushing the envelope to provide an innovative commuting experience.

The improvements extend to entertainment apps like Max and Peacock, compatible with selected vehicles featuring Google devices. These vehicles include those from Polestar, Volvo, and Renault. This upgrade allows access to TV shows, movies, and other forms of entertainment directly from the vehicle’s dashboard. Its compatibility with Android Auto and Apple CarPlay means access to a broader user range.

The company has revived in-car gaming with Angry Birds; however, it can only be played when the car is securely parked.

Unveiling Android Auto’s enhanced features at I/O 2024

Android Auto is also introducing read-aloud message features, and improved voice-guided navigation. It is now integrating more user-friendly icons on its interface.

Android Auto has also included a Google Cast functionality within the upgrade. Users can now cast content directly from their phones to their car’s screen. This feature will first be implemented in Rivian models, with other manufacturers expected to follow suit.

As part of the upgrade, new tools will be provided for developers to design apps specifically for Android Auto. A forthcoming initiative will also allow traditional mobile apps to be converted into car-compatible solutions. This intersection between these two significant technological domains will open a new era of efficiency and convenience for users.

Currently, 200 million cars on road support Android Auto. This number is expected to increase significantly with the newly announced updates. This signifies not only greater adoption of smart vehicle technology but paves the way for a more connected and innovative driving experience.

Android Auto’s continued innovation aims to shape the users’ future driving experiences. With its focus on user-friendly interface and smart integration, Android Auto is carving out a significant position in vehicle connectivity.

The post Google reveals major Android Auto upgrades at I/O 2024 appeared first on SmallBizTechnology.

The list encompasses companies revitalizing various aspects of the brand-consumer interface, ranging from e-commerce to final-stage logistics. These businesses have been selected based on innovation, business performance, customer engagement, and investment potential.

The process of creating this list, led by Sonal Gandhi of The Lead, was comprehensive. It involved thorough research, Ceo interviews, and extensive market data analysis. The resulting report offers valuable insights for stakeholders, potential investors, and other parties interested in the latest retail trends.

Mentioned startups have earned significant funding and utilized advanced technologies to address the challenges modern brands face. By leveraging original tech solutions, these organizations have not only shown considerable innovative capabilities but also substantial investment potential.

Brands nowadays are required to maintain constant accessibility, deliver engaging content, manage multiple channels, and adapt to changes like the cessation of third-party cookies. In essence, brands have to continuously enhance customer experiences while minimizing waste and returns, without compromising their core values.

Unveiling innovators remolding the D2C sector

AI and machine-learning advancements provide these necessary solutions.

The list includes businesses using AI in various ways. For example, Velou is an AI-driven online luxury product discovery company. Other companies like Zenlytic and Zowie use AI for in-depth insights and customer service innovations. AI has also powered new SaaS solutions, like Zoho CRM, and has been used for interpreting customer feedback, as in the case of Chattermill.

In the health sector, initiatives like PathAI are utilizing AI to improve diagnostic accuracy. Other key industry players like Darktrace and Blue Hexagon have integrated AI into cybersecurity solutions. These innovations reflect AI’s transformative effect on various industries.

These companies exemplify effective market strategies, such as implementing robust data analytics and forging partnerships with innovative startups. Ultimately, the consistent integration of AI and machine learning into their core operations aids in fostering sustained growth and strategic adaptation.

The post Lead reveals list of 100 startup pioneers reshaping D2C sector appeared first on SmallBizTechnology.

Renowned for its innovative use of social media and comprehensive marketing tactics, Jellysmack has cemented its place in the industry. Customer satisfaction is key in their strategy, going beyond with personalized service and quick responses. Regular investments in research and development make sure they keep pace with the evolving trends thus offering up-to-date solutions to clients. The team’s dedication and creativity have been instrumental in the company’s success. With continuous expansion and conquest of new markets, the future appears promising.

Through collaborations with popular platforms like Facebook and Snapchat and sharing ad revenue, Jellysmack initially came into the limelight.

Jellysmack’s growth management amid industry hurdles

In 2019, the launch of their creator program helped attract top digital influencers. One such collaboration with Sofia Vergara managed to deepen Jellysmack’s connection with their audience. By venturing into new markets in Europe and Asia in 2020, they have diversified their revenue streams, adding to their follower base and boosting their profits considerably.

Following a large investment from SoftBank, Jellysmack embarked on an extensive growth plan. However, issues arose due to changes in Facebook’s policies, a drop in ad rates, and a shift in the industry towards shorter video content. These challenges forced Jellysmack to dissociate with some of its partners.

An anonymous ex-employee outlined the company’s struggles in finding new creators, noting that hefty event expenses like VidCon don’t bring forth the expected returns. They also expressed concerns about the sustainability of such marketing strategies hinting a reevaluation might be in the cards.

Despite efforts to diversify, for instance, cryptocurrency trading, the results have not met expectations. Jellysmack’s future seems shaky, and their difficulties might act as a warning about the risks of unregulated growth in the industry.

The post Jellysmack grapples with growth amid industry challenges appeared first on SmallBizTechnology.

A significant portion of Apple’s consumer base, including artists and designers, expressed disappointment and argued that the advert undermined the value of traditional creative tools. Despite explanations from Apple’s public relations team that their intention was to highlight the iPad Pro’s creative capabilities, the debate continues, overshadowing the product’s launch.

“Crush”, as the advertisement was named, portrayed the slim iPad Pro as a complete replacement for various creative tools. It showcased the tablet’s sleek design and features, and was set to the song “All I Ever Need Is You” by Sonny and Cher to add a touch of nostalgia to the modern tech presentation.

Many creative professionals, however, pointed out the irony of the ad, comparing it to Apple’s famous 1984 Ad, which celebrated humanity’s victory over technology.

iPad Pro ad causing arts community unrest

The new commercial, they argue, implies that technology is superior to human creativity. This sentiment grows from a fear that their skills are being undervalued by tech companies.

This controversy comes as Apple’s flagship products have been linked to the decline of traditional industries such as the standalone camera market. A significant drop in demand for single-purpose cameras was observed after the introduction of the iPhone’s inbuilt camera in 2007, and innovative camera technologies in later Apple products affirmed this trend.

In response to the backlash, Marketing VP, Tor Myhren, admitted that Apple had “missed the mark”. While asserting the company’s belief in user creativity, he agreed that the execution of the advertisement could have been improved to better communicate this respect. Despite the apology, the controversial ad remains accessible online, even though Apple has chosen not to air it on television.

The post Apple’s iPad pro ad stirs arts community controversy appeared first on SmallBizTechnology.

During the Google I/O setup phase, Gemini demonstrated an ability to understand and identify its surroundings. Its advancement is noted in not only recognizing text but also in identifying images and interpreting visual layouts. It was able to recognize the event’s logo, provide a brief explanation about it and adapt to real-time changes, thereby keeping the event details updated.

Gemini’s exceptional capacity to generate conversations that closely resemble human interactions was lauded during the demonstration.

Exploring Gemini: Google’s dialogue-oriented AI

Its ability to understand context, use an appropriate tone, and respond empathetically to users set a new milestone for AI-aided communication.

Gemini’s success highlights AI’s potential to improve everyday life, raising the prospect of enhancing customer service interactions or providing company. With Gemini, we are at an exciting precipice of a potential revolution in human-machine interaction.

However, critics have expressed apprehension about the implications of rapid advancements in AI technology. Comparisons between different AI models without standardization or specialized testing may lead to confounding conclusions. Despite these concerns, Gemini’s proficiency has sparked both anticipation and uncertainty.

Pushback is not unusual for Google when it comes to its workings in the AI realm. However, the outstanding ability exhibited by Gemini underscores the escalating competition in the sphere of AI. More in-depth insight into Gemini and other Google projects is awaited to be presented during the upcoming Google I/O keynote speech.

Dave LeClair, the Senior News Editor who also covers the latest mobile technologies, having an affinity for generative AI and innovative startups, endeavours to help his readers understand the relevance and importance of such technological advancements.

The post Google introduces Gemini, an advanced dialogue-oriented AI appeared first on SmallBizTechnology.

The AI feature is set to be launched in the forthcoming IOS 18 version of Apple’s iPhone operating system. The details of this development will be revealed at the upcoming Apple’s Worldwide Developers Conference, which is penned in for June 10th.

In addition to the AI for iPhone, the corporation is also discussing further integration of AI technology into its other services. A move towards AI could streamline operations and boost user satisfaction, confirming Apple’s willingness to lead in innovative tech practices.

According to Apple CEO, Tim Cook, in a recent conference call the transformative nature of AI, and Apple’s ability to perfectly blend it with their hardware, software and services could give the brand a clear edge.

Integrating generative AI into iPhones

Cook emphasized that AI is not just a feature but a fundamental part of their strategy.

As a reaction to these plans, Apple witnessed a surge in its share price by 1.8%, closing at $186.28. Industry experts suggest that the integration of AI into the upcoming iPhone series could sway customers to upgrade their devices.

There is potential for Apple to earn revenue from AI as a service through a subscription model. Nevertheless, skeptics argue that an AI-oriented agreement will not significantly alter the investment potential of Apple’s stocks.

The company’s shares have consistently performed well, particularly post the May 2 conference. During the rise, Apple revealed its new M1-powered devices, a development that could redefine the tech industry. As a result, Apple has seen a major uptick in its market value, delighting its shareholders and positively impacting the broader technology stocks.

The post Apple to integrate generative AI in iPhones appeared first on SmallBizTechnology.

However, findings from the 2024 Small Business Marketing Report from VistaPrint and Wix unveil a more nuanced narrative, one that proves that traditional marketing still has a seat at the table. 

The comprehensive report, which surveyed 1,000 SBOs and 1,000 consumers in the United States, provides insights into marketing practices and consumer behavior while shedding light on the interplay between digital and traditional marketing channels.

Notably, while digital platforms are integral to discovering small businesses, consumers still value real-life interactions and physical touchpoints alongside digital experiences.

SBOs looking to connect with all types of consumers must strike a balance between digital and traditional marketing approaches. The report tells us why it’s essential for SBOs to integrate both print and digital into their marketing strategies this year.

Making the Most Out of Traditional Marketing 

If you thought traditional print marketing had lost its relevance, VistaPrint and Wix’s report paints a more complex picture.

While online searches and social media platforms continue to serve as primary touchpoints for engagement, offline tactics like physical signage and print advertising still wield significant influence in capturing consumer attention. In fact, 71% of small businesses find value in the tried-and-true traditional marketing tactics to connect with customers. Flyers (34%), direct mail (29%), print advertising (26%), and posters or banners (23%) prove to be the top-ranking print tools that steer consumers toward small businesses.

Something else to consider? Age matters. At least when choosing the right marketing mix for your small business. Though digital marketing is an obvious tactic to target young people, many consumers say they discover new local businesses in traditional ways, like flyers, banners, and other forms of print marketing, so don’t be afraid to deploy these tactics where it makes sense for your business and your audience.

What’s more, these younger cohorts are more willing than ever to shop small. According to the VistaPrint and Wix report, Gen Z shoppers love supporting local small businesses (more than any other age group), but they can sometimes struggle to locate small businesses in their area, so giving them multiple ways to find and engage with you is critical.

Choosing the Right Marketing Mix 

With the power of traditional marketing at the forefront of SBOs’ minds, SBOs must not forget the digital marketing strategies that have been essential for connecting with customers in recent years. In order to maximize brand visibility, a 360-degree approach, inclusive of both print and digital marketing, empowers customers to engage a small business on their own terms while still ensuring no tactic is overlooked.

In search of this balance, data show that SBOs are constantly evolving their techniques to appeal to consumers. In fact, in 2023, 63% of SBOs focused on upskilling to understand marketing better and 78% broadened their horizons by experimenting with new marketing tactics, striving for a fair mix of both digital and traditional marketing.

2023 was a year of exploration for these SBOs as when asked about how they allocated their marketing resources they shared that 40% invested more in digital marketing tactics (and will again in 2024), 32% invested more in traditional marketing tactics (and 30% will be in 2024), 28% invested about 50/50 in both traditional and digital marketing tactics (and 30% will split their investment in 2024).

For SBOs to truly optimize their reach and authentically engage their audience, a holistic marketing approach is essential to strategically integrate the strengths of both digital and print mediums and ensure a cohesive brand presence across various channels. Whether it’s through personalized direct mail campaigns or interactive social media strategies, all channels and platforms are key resources that SBOs can leverage synergistically to create a memorable brand experience for customers.

Review VistaPrint and Wix’s 2024 Small Business Marketing Report survey results in full.

The post Bridging the Gap: New Report Reveals The Power of Print and Digital Marketing for Small Businesses  appeared first on SmallBizTechnology.

The technology relies on artificial intelligence to discern the human voice from other background noises. Its deployment across several iPhone apps, including FaceTime and voice memos, improves its versatility and augments user experience.

Users can easily activate Voice Isolation in Settings under the ‘Voice and Data’ menu, which promises an enhanced calling experience in various scenarios; crowded sidewalks, busy markets, or noisy households being just few of them. This way, it guarantees the talker’s voice is always highlighted.

This invaluable tool is accessible via the Control Center during an active call. Its activation button is located at the top right corner and once this mode is on, it reduces the background noise and accentuates voice clarity automatically in all future calls until manually disabled.

Similarly, this mode can be manually turned off using the same procedure, giving the users control over their call experience based on the environments they’re in.

To enable this feature, the user should make or accept a call, open the Control Center, look for the hearing option (ear symbol), tap on it and choose the Live Listen option from the list of given features.

The activation completes this way, provided the phone is near the sound source for optimum performance.

McAuliffe advises activating Voice Isolation ahead of any call by dialing their number and following the described procedure.

Enhancing call clarity with iPhone’s ‘Voice Isolation’

It could be tested before an important call to doubly ensure its function. Issues, if found, can be solved with help from customer service.

With another feature named Wide Spectrum available in Mic Mode, background noises can be amplified while keeping the user’s voice unaltered. Mostly used in group calls to capture everyone’s voice, this feature presently only works for FaceTime calls.

The inclusion of Wide Spectrum in Mic Mode hints at its possible compatibility with regular calls in future updates. Hence, for better use of their devices, iPhone users are recommended to stay updated with the latest iOS features and updates and revisit past ones.

Regular exploration of the iPhones, understanding of its features, and keeping up with the ecosystem’s constant changes, along with accessing comprehensive guides and following Apple’s official announcements, will provide a seamless user experience.

Lastly, consulting tech blogs and forums for expert advice and user opinions offers a broader perspective on the potential of iOS updates.

The post iPhone’s ‘Voice Isolation’ feature enhances call clarity appeared first on SmallBizTechnology.

For the first-time, Google amalgamated their Android development and hardware teams, focusing on establishing advanced AI capabilities. This merging is projected to enhance device-specific purposes, leading to an integrated user experience. The amalgamation would also speed up AI advancements, potentially broadening Google’s competitive edge against Apple. The combative move shows Google’s eagerness to provide premier technology and reinforce their standing in the ever-evolving AI industry.

The open-source nature of Android paves the way for wider cooperation and creativity in AI integration, despite AI features typically being reserved for novelty roles. The potential of Android in smart home connectivity is increasing, promising an improved understanding of context, decision-making accuracy, and personalised user experiences.

Integrating advanced AI into Android for enhanced interactions

The implementation of AI mitigates mundane tasks, promoting seamless human-device interaction. Android’s commitment to AI refinement is expected to take AI features from novelty to necessity.

Existing AI systems demonstrate diverse competencies, including recipe learning, responding to indirect questions, and partaking in complex video games. They could quickly process and analyse large data quantities, automate routine tasks, improve customer service, tackle repetitive work in healthcare or education sectors, and generate creative content. As AI development persists, their application spectrum continues to broaden, paving the way for thrilling future prospects.

When integrated across the entire Android ecosystem, which includes earbuds, watches and the operating system itself, the full potential of AI elements can be tapped into. This not only heightens user experience but also creates a smooth link between different AI-enabled Android devices. Developers are motivated to invent more efficient AI models and applications, improving device performance and augmenting user-device interaction. This comprehensive system fosters formidable AI functionalities, setting the stage for further innovation within the Android world.

Given contestation from Apple, Microsoft, and OpenAI, Google is geared to evolve Android’s initial purpose to go beyond basic functions and deliver superior AI capabilities. Google stands ready to pioneer innovation in the shifting tech atmosphere, aiming for a future with AI playing a central role.

The post Android integrates advanced AI for boosted user-device interaction appeared first on SmallBizTechnology.

The tool stands out through innovative transcription technology, built upon inspiration from established apps like Cleft Notes and TalkNotes. The objective is to redefine our memory retrieval process from past communications by presenting an advanced solution to conventional note-taking methods.

The application’s unique methodology introduces an AI assistant for transcription, enables user-initiated Q&As, and allows for easy navigation through past recordings. Adding the capability for real-time transcription without the need for user login, Voicenotes revolutionizes traditional transcription workflow by integrating a responsive AI assistant.

Voicenotes distinguishes itself through its charging scheme as it imposes a fee for recordings exceeding one minute while offering instantaneous transcription, ruling out the requirement for user credentials. The app also allows note editing, re-creation, and categorizing using AI, thus enabling organized and efficient documentation of recordings.

A notable characteristic of Voicenotes is its cross-platform compatibility, operating over iOS and Android.

Voicenotes: Advancing transcription user experience

This gives it an advantage over competitors like Cleft Notes which only caters to Mac and iOS. However, Voicenotes’ reliance on a server for notes storage may raise concerns about user’s privacy and its need for stable internet connectivity could hinder accessibility in areas with weak network reception.

Despite a saturated market with dominant players like Google Recorder and Samsung’s Transcribe Assist, Voicenotes aims to distinguish itself with unique features and adaptability across platforms. It not only aspires to coexist with the giants but to offer a formidable, user-friendly alternative that fulfills users’ diverse needs.

The application provides a free as well as a premium service, priced at $10 monthly. The premium package includes added benefits like unlimited note length and access to advanced models such as GPT-4 Turbo and Claude Opus.

The post Voicenotes: A superior approach to transcription appeared first on SmallBizTechnology.

The primary highlight is the advanced camera system anticipated to introduce innovative technologies for a superior photography experience. This includes a 48MP Ultra Wide camera upgrade, a substantial improvement from the 12MP camera in iPhone 15 Pro models.

Moreover, the device is set to come with the A17 Bionic Chip, making it one of the fastest iPhones in the market. The extensive battery life, ample storage options ranging from 128GB to 1TB, along with a brighter Super Retina XDR display, contribute to its top-tier status.

The new iPhone 16 Pro models are rumored to extend the optical zoom beyond that of iPhone 15 Pro Max.

Significant camera upgrades in iPhone 16 Pro

The inclusion of a “periscope ultra-long telephoto blend” in the iPhone 16 Pro Max and possibly in the iPhone 16 Pro models is also speculated. Official confirmation about these camera innovations is still awaited.

Reports suggest that Apple is considering integrating atomic layer deposition (ALD) lens coat technology in the iPhone 16 Pro. This technology, aimed at counteracting internal reflections and lens flare, signifies a substantial innovation for camera lenses.

Additionally, rumors indicate a new Main camera sensor from Sony for augmented low-light performance. However, it remains uncertain whether the Sony sensor will feature in both iPhone 16 Pro models or just the premium variant.

The new iPhone models are scheduled for unveiling in September. Expectations are high for these models, especially in relation to the rumored camera capabilities which could possibly revolutionize the photography landscape once again.

The post Anticipated iPhone 16 Pro models to feature significant camera enhancements appeared first on SmallBizTechnology.

Most smartphones now provide night mode shooting options enhancing their low light capability. Further, a sturdy tripod, remote shutter and patience can ensure a successful capture of this natural spectacle.

Assistive photography apps can also help optimize your smartphone for night sky photography. Longer exposure times usually yield the best results by allowing your device to gather maximum light.

The National Oceanic and Atmospheric Administration’s (NOAA) Space Weather Prediction Center affirms that smartphone cameras could possibly capture auroras (Northern Lights), even when not visible to the naked eye.

Michael Bettwy, the operations head at NOAA, suggests that even locales as far south as Florida might witness the Northern Lights under certain conditions. This is achievable when special weather events or high solar activity enhance the reach of this celestial light show.

An upcoming solar event this weekend could increase the chances of eyeballing these Northern Lights in areas that usually do not witness it.

Utilizing smartphones to capture Northern Lights

The best viewing times are typically late evening or early morning hours, avoiding city lights and pollution. However, atmospheric conditions must align correctly and not every solar event guarantees an impressive light show.

For high-quality images, Bettwy advises prolonging exposure times, using night mode, and a tripod for stability. These methods enhance image clarity and lighting, ensuring photos of a professional standard.

Successful captures largely depend on weather conditions, your smartphone camera capabilities, and sheer luck. It’s crucial to ensure that your smartphone is fully-charged as cold weather can quickly consume battery life.

A steady tripod is also beneficial for long exposure shots that are susceptible to shaking. Manually adjusting smartphone camera settings, such as ISO, shutter speed and focus, can significantly improve photo quality.

Patience and persistence are key as the Northern Lights are unpredictable and can be fleeting. Always be prepared to seize the moment they appear.

The post Capturing Northern Lights with smartphones possible, says NOAA appeared first on SmallBizTechnology.

The brain chip is designed to assist people with paralysis, allowing them to use a computer keyboard or cursor with their thoughts alone. This cutting-edge technology marked a significant achievement for Neuralink with the successful implantation in Noland Arbaugh.

However, a month post-implantation, Arbaugh began facing a challenge. Some electrode-laden threads from the chip started separating from the brain tissue, affecting his control over the computer cursor.

Persisting with Neuralink: overcoming obstacles

In response, Neuralink worked on improving the translation of brain signals to enhance cursor control, leading to a substantial improvement in Arbaugh’s situation.

Despite these complications, Arbaugh has dedicated considerable hours to the device’s testing. His average commits 69 hours each week for structured sessions and personal usage. He has shown progress by managing multiple apps, playing games, and browsing the internet solely by controlling a cursor with his thoughts.

Neuralink is currently focusing on enhancing the device’s performance in order to match those without disabilities. They are also working towards improving its capabilities for text entry and potentially controlling advanced technologies like robotic arms and wheelchairs.

Arbaugh perceives the technology as a beacon of hope, not only for enhancing the gaming experience but also for various other aspects of life. Despite the present limitations, he is optimistic about the future, promising the challenges are solvable and the benefits, immense.

The post Neuralink persists despite brain chip challenges appeared first on SmallBizTechnology.

The App Mall promises a superior, user-friendly interface to enhance browsing. By consolidating all applications in one platform, finding specific apps becomes a walk in the park.

The platform also provides a stage for developers to show off their cutting-edge apps, cultivating a diverse and dynamic community.

The broader tech world is waiting with bated breath for the official launch date, following a public preview that drove high expectations.

The App Mall extends beyond just Chromebooks – it’s a standard web application that can be accessed and used on any device, increasing its versatility and reach. Be it your smartphone, tablet, desktop computer, or any other web-enabled device, the App Mall’s functionality remains consistent.

The App Mall operates around Home, Apps, and Games sections, and includes a search feature.

Exploring Google’s upcoming App Mall

It showcases highlighted apps and games, offering greater visibility for selected applications and platforms. However, currently, only web and Android apps are supported.

The App Mall shares similarities with the existing Explore app on ChromeOS in architecture and functions. Yet, it manages to set itself apart with unique features like an “Experiment” tag and a shortcut to the Play Store in the sidebar.

Furthermore, the App Mall will introduce a “flag” feature that transforms the platform into a dedicated shortcut on ChromeOS’s app shelf, making app discovery and installation easier for users. Your favourite apps will conveniently have their unique icons on ChromeOS’s app shelf.

Google is actively looking for user feedback to improve and differentiate the App Mall from the current Explore app. The tireless tech giant is aiming to refine the user experience and solidify a unique identity for the App Mall.

The post Google previews new ‘App Mall’ for ChromeOS appeared first on SmallBizTechnology.

The brand’s best-sellers, including those previously on the higher end of the price scale, are now more affordable. AirPods and Apple Watches have seen significant price drops, the perfect opportunity for those looking to upgrade their devices.

This clearance sale is a great opportunity for tech enthusiasts to boost their collection while saving money. Stocks are likely to run out quickly due to high demand, so it’s wise to act quickly.

This isn’t just about getting popular Apple products – it’s about becoming part of an ecosystem that represents innovation, convenience, and style. Now is the time to invest in Apple’s top-notch technology.

The current sale includes AirPods Pro 2, the 10.9 inch iPad, and the Apple Watch 9. Notable discounts are the 2nd Generation Apple AirPods at $79.99, and the praised AirPods Pro 2 with USB-C for $179.99.

The 2nd Gen, GPS, Apple Watch SE is on sale at $189.99 and the latest MacBook Pro with Intel Core i5 and 512GB storage is priced at $1199.99.

Apple’s massive discounts on popular products

For music lovers, the HomePod Mini is available at a discounted price of $79.99.

The 10.2-inch 2021 Apple iPad is priced at $249 and the Apple Watch 9 featuring an array of health and lifestyle functions is on sale for $299. The MacBook Pro 13″ with the M1 chip is now priced at $1,199 and the iPhone 13 Pro with a ProCamera system is retailing at $999.

The 2022 MacBook Air (M1, 13-inch) is priced at $999, whilst the AirPods Pro with noise cancellation and spatial audio is on sale for $199. The 13-inch MacBook Air (M3) is priced at $999, with the MacBook Pro (16-inch) on sale for $2399.

Lastly, the sought-after 27-inch iMac with Retina 5K display is available for roughly $1799. Prices might fluctuate, so consumers are encouraged to keep an eye on updates and offers for optimal value.

Article authored by Mackenzie Frazi, who’s vast knowledge and distinctive writing are evident in this piece. Readers can expect engaging and informative content from Mackenzie, and are encouraged to follow her work.

The post Apple slashes prices on AirPods, iPads, and more appeared first on SmallBizTechnology.

The updates also include a professional version of Live Loops, which allows Logic users to perform, record, and sort musical ideas in real-time. There were also updates to the software’s interface, such as a refreshed mixer and better score editing tools. Excitingly, a new feature named ‘Sampler’ replaced EXS24, providing a more manageable means of creating complex, multi-sample instruments.

Significant updates include transitioning Logic Pro’s Mac version from X to 11 and updating the iPad version to version 2 on May 13. These enhancements are designed to offer a smoother workflow, a wider range of sound options, and improved editing capabilities. Importantly, Apple confirmed that they would not transition Logic Pro’s Mac version to a subscription-based model, alleviating longstanding speculation and relieving user anxieties.

Newly introduced to Logic Pro are a Bass Player and Keyboard Player, both driven by advanced AI technology.

Exploring Apple’s Logic Pro updates

They offer improved rhythm and pacing, enhancing the overall music output. Apple’s commitment to innovation promises a bright future for music creators around the world. One example of this innovation is the Studio Piano feature, which allows users to customize the sound of their digital piano, thus personalizing their music according to their preferences.

A notable supplement in this update is the Chord Track feature. It aims to improve Bass and Keyboard Players’ performances by suggesting harmonically matching chords based on the chosen key and scale. This feature will prove extremely useful for musicians as it presents chord progressions visually, making it easier to experiment with new ones. Moreover, it allows for the transposition of a whole project or even single tracks, which is a game-changer for songwriters.

Overall, these updates reinforce Apple’s successful venture into widespread AI integration in its software. Apple’s commitment to integrating AI into Logic Pro promises a more interactive, user-friendly platform is on the horizon. This prospect has artists, producers, and music enthusiasts eagerly anticipating future developments and improvements.

The post Apple unveils major updates to Logic Pro software appeared first on SmallBizTechnology.

Usually, VPNs work by encrypting user data traffic and hiding their IP addresses. TunnelVision however, effectively weakens this security, especially when VPNs connect to a weak network. Currently, only Linux or Android systems seem immune to this issue. The issue highlights imperfections in VPN implementation, which TunnelVision exploits to gain undue access.

The suspected solution lies in creating dedicated, malware-free networking environments, countering VPN vulnerabilities. Another layer of security can be added through robust VPN encryption programming, as adopted by Linux and Android systems, reducing their susceptibility to TunnelVision threats.

The TunnelVision strategy has reportedly existed since 2002 and is believed to have been exploited over the last two decades. It poses a severe security risk by infiltrating networks and accessing valuable data.

Undermining VPN security with TunnelVision attack

Companies need to maintain vigilance and regularly update their cybersecurity protocols to safeguard themselves against such threats.

TunnelVision allows an attacker to monitor and modify user web traffic while maintaining an illusion of privacy and security on the user-end, damaging the user’s trust in VPNs. This attack strategy manipulates the DHCP server responsible for IP address allocation. The attacker can control the server to insert themselves as the network access point and route data via a legitimate gateway – an act known as a Man-in-the-middle attack. This provides the attacker with complete control over the data flow and the opportunity to exploit sensitive information.

The execution of the attacking strategy largely depends on the attacker having administrative control over the targeted network. If not, they can establish a rogue DHCP server to carry out the operation. Worryingly, compromised VPN applications continue to show a secure transmission of all data. Consequently, it makes it difficult for users to detect system breaches, and cybercriminals can potentially snatch confidential data. A significant vulnerability presents itself, which can greatly impact global users’ security and privacy.

The post TunnelVision attack strategy compromises VPN security appeared first on SmallBizTechnology.

Opera’s objective with this advancement is to simplify the process of reading web content. Key phrases and sections in the text are highlighted by Aria, making critical information easier to spot. The time-consuming task of trawling through dense websites will be made simpler with this feature.

To take advantage of this feature, users will need to open a text-rich website on their Opera Android browser.

Enhanced summarizing feature in Aria on Android

Clicking on the three-dot menu in the top right corner and selecting ‘Summarize’ next to the Aria icon will then generate a summary of the page’s content. Users will need to keep their Opera for Android updated and must be logged into an existing Opera account to use this feature.

Aria, which operates like other AI web assistants, has been around since last year. The AI assistant is capable of understanding and processing user requests and can even comprehend voice commands, providing accurate responses. Aria’s sophisticated technology offers users the information they need directly without requiring them to perform web searches.

Opera has continuously expanded Aria’s functionalities since its launch with the AI Feature Drops program. This initiative allows users early access to various AI features, providing invaluable feedback to Opera for refining these features, while giving users the chance to experience advanced AI technology firsthand.

In recent developments, Aria is now capable of generating images through Google’s Imagen 2 and providing text-based verbal responses. This latest innovation further enhances Aria’s interactivity, providing a more immersive user experience, and demonstrating Opera’s ongoing commitment to enhancing browser technology through AI advancements.

The post Opera enhances Aria with summarizing feature on Android appeared first on SmallBizTechnology.

The update sparked diverse reactions, leading to debates about its possible impact on the dating environment and Bumble’s market valuation. Some argue this change could either boost or decrease user engagement, thereby affecting the company’s overall valuation.

Bumble’s newest feature also allows women to develop conversation prompts for men. This acts as an ice breaker, prompting meaningful discussions; a progressive step towards creating a safe and women-friendly dating environment.

However, discontent with dating apps is growing due to app fatigue, fraud, ghosting, and a shift towards subscription-based models.

Bumble’s matchmaking update: Promoting conversation, sparking debate

Many argue that the constant need to update profiles and the prevalence of fraudulent activities contribute to this disillusionment and growing distaste towards dating apps.

The “Opening Moves” update is a significant shift in Bumble, especially against the backdrop of plummeting stock prices. This change is Bumble’s proactive response to adapt to market shifts and to recover its decreasing share value. Bumble’s female-first policy has faced criticism as it appears to place undue emotional labor on women, who are meant to initiate conversations. Such criticism points towards the need for constant evaluation and improvement of such progressive platforms.

Public reaction to “Opening Moves” varied widely. Some users expressed dissatisfaction, while others saw it as an exciting addition that could stimulate unique interactions. This disparate feedback demonstrates the challenge of satisfying users’ diverse preferences in the fluid realm of online dating.

The post Bumble dating app updates for quicker matchmaking appeared first on SmallBizTechnology.

This venture also addresses the environmental issues posed by jellyfish overpopulation in our oceans. The Mediterranean Sea, for instance, has experienced significant disruptions to aquatic ecosystems and local industries due to these invasive creatures. Qortein seeks to turn this challenge into a sustainable and environmentally friendly solution.

Understanding the need for sustainable and practical responses, Qortein employs patented technology – conceived by Prof. Shachar Richter from the University of Tel Aviv – to convert jellyfish into food products. Through this revolutionary process, jellyfish are transformed into biomass, a potentially significant contribution to the food, nutraceuticals, and the burgeoning field of nutricosmetics industries. This novel approach also reduces the harmful impact of jellyfish invasion on aquatic ecosystems and local industries.

The company’s primary goal is to provide a natural, sustainable food source from an untapped resource, thereby presenting a twofold solution to the issues of jellyfish overpopulation and food scarcity.

Transforming jellyfish into sustainable sustenance

Beyond food, the use of jellyfish could extend to nutraceutical products, effectively providing vital nutrients in convenient forms. The potential extraction of collagen from jellyfish also introduces an unprecedented, exciting prospect for the field of nutricosmetics.

Inspired by Prof. Richter’s methods, CEO Gal Admati and his colleague Itay Dana were driven to create sustainable protein sources. Their innovative and environmentally-conscious mindset is the backbone of Qortein’s work. Ultimately, the company’s methodology stands to counteract the adverse effects of jellyfish overpopulation, foster food security, and create nutritious, environmentally-friendly food products.

The overarching mission of Qortein is rooted in sustainability, targeting the creation of a productive cycle beneficial to both the environment and consumers. By harnessing the untapped potential of jellyfish, Qortein serves as a beacon of innovative and sustainable solutions for global environmental and societal challenges.

The post Israeli startup transforms jellyfish into sustainable food appeared first on SmallBizTechnology.

Unlike SaaS businesses, where software is the product and can be easily upgraded or repackaged, AI startups have to initiate continuous innovation, ensuring their technologies are always at the forefront. Furthermore, AI technology is intricate and requires substantial amounts of data to train the models, creating niche difficulties for these startups.

Another difference is in customer expectations. While SaaS users look for features and usability, AI customers expect impactful, often customized results. Therefore, an AI startup’s success depends on mastering technology and understanding the demanding market nature.

Seseri emphasizes that for a company to be an actual AI enterprise, its main offering must be founded on algorithms and data, not just integrating AI Application Programming Interfaces. The core product or service should be about artificial intelligence rather than merely incorporating AI components into an existing framework.

AI products, unlike SaaS products, require more time to develop a trustworthy reputation before introduction to consumers.

Addressing AI startups’ distinctive hurdles

Startups should strike a balance between the learning trajectory and the algorithm-training loop for customer acceptance and engagement. This balance could involve closely monitoring feedback and adjusting algorithms, which could positively contribute to product development and end-user satisfaction.

For AI startups, it’s essential to define a compelling value proposition to potential clients, comprehend key problems, and make business-driven decisions affecting their algorithm structure. Also, they should monitor the latest tech developments to continually improve their products. Primary and secondary data collection leads to insights guiding the development of AI solutions.

AI startups must also establish a sturdy risk management strategy to mitigate potential fallbacks and seize opportunities in the dynamic AI market. Collaborations and partnerships could also aid AI startups in enhancing product functionality and extending their client range.

Despite significant challenges, including the large market share of major organizations, Seseri sees growth potential in application layer-based business models on top of infrastructure giants like OpenAI and Anthropic. She suggests prioritizing user needs and utility over infrastructure size.

Lastly, Seseri, an AI investor, leans towards application and intermediate layer businesses and emphasizes both exclusive and open-source algorithms’ importance. She believes that the blend of unique proprietary algorithms and versatile open-source codes could fuel the growth of flourishing enterprises.

The post AI startups’ unique obstacles outlined by industry expert appeared first on SmallBizTechnology.

The time frame for evaluating and processing applications has been notably cut down, providing entrepreneurs with a more streamlined experience. A thorough implementation plan with customised support for all applicants will be released soon to enhance the efficiency of the program.

This new restriction may influence DOs’ pricing strategies. Industry professionals caution that fees could rise as high as 1,000%.

Efficiency improvements in Canada’s Startup Visa program

However, these are expected to even out as DOs understand the necessity of working within a competitive, regulated landscape.

Fees must remain affordable to ensure the Startup Visa program continues to attract global talent. The goal is to enhance Canada’s economy by attracting innovative entrepreneurs. It’s especially important to prevent high entry costs from deterring potential innovators.

It’s ultimately crucial to assess these changes, ensuring a balance between efficiency and accessibility for entrepreneurs. By providing adequate support and resources and performing regular evaluations, we can identify areas for improvement, predict and manage potential risks, and maintain the integrity of the Startup Visa program.

Despite rumours of the program’s termination, the government remains highly involved in the program’s future growth and progression, highlighting its importance in the country’s future strategies.

The post Canada revises Startup Visa program for efficiency appeared first on SmallBizTechnology.

These technologies have been adopted by start-ups and traditional banks alike to optimize financial services and attract a larger customer base. Their success underscores the value of collaboration between fintech firms and established financial institutions.

Experts forecast positive growth for these customizable and flexible fintech solutions. Critics, however, point to the importance of maintaining customer service alongside tech advancements. They also caution about potential data breaches and system vulnerabilities.

Engage is undergoing a revamp to include a self-service portal and single resource center. This is expected to boost brand visibility, provide domestic support, and enhance user experience. As these features are implemented, Engage is set to become a flagship example of fintech enhancement.

Fintech Express is introducing a comprehensive card issuance experience and various applications to assist fintechs from idea generation to implementation.

Expanding fintech impact with Engage and Fintech Express

This platform is not just a service provider—it also acts as a collaborative partner, guiding fintechs throughout their project lifecycle.

To promote sustainable growth, Fintech Express uses real-time data analytics to provide valuable insights. Its secure, compliant, and user-friendly interface also allows fintechs to better navigate their operations. In short, Fintech Express is revolutionizing the fintech industry by accelerating the process of implementation.

Engage is committed to connecting a wide customer base including banks, payment service providers, traders, and other fintechs to competent enablers. It conducts extensive market research and provides strategic insights, thereby aiding partners to stay ahead in the competitive fintech ecosystem.

Fintech Express facilitates the quick launch of payment products, ensuring transparency at all stages. For instance, fintechs can now release a card in just 15 days, helping start-ups hit the ground running and bypass the typical challenges presented in the traditional finance sector.

The system also allows complete visibility into the productive process from beginning to end. The transformative impact of Fintech Express is invariably reshaping the payment landscape, resulting in a more agile, streamlined, and tech-advanced setting.

Having originally operated in Brazil and Mexico, Fintech Express plans to expand its market presence and include additional use cases with partner platforms. The vision is to establish a sturdy and adaptable base in these regions before scaling, thereby allowing for the integration of more services in the future.

The post Engage and Fintech Express expanding fintech reach appeared first on SmallBizTechnology.

The catalyst for Carter’s concern originates from his personal experiences utilizing fintech platforms extensively to regain financial stability following a period of instability after his divorce. Faced with increased financial obligations following a break-up, he found solace in these digital tools to manage his budget and financial resources.

Despite these benefits, Carter warns against reckless dependence on these applications, underscoring the importance of understanding the complexities of financial management. His concern is rooted in the belief that the recent regulatory changes may hinder the growth and innovation of fintech companies, which he perceives to be a clear disregard from lawmakers of the vital role of fintech in today’s digital society.

Connecticut user’s fears over fintech regulations

Entreating for a more beneficial regulatory environment, Carter advocates for increased engagement and conversations between the fintech sector and policymakers. Warning of potential consequences for Connecticut’s populace, he stressed the need to prevent widening the socioeconomic gap by ensuring uninterrupted access to crucial digital financial tools to the citizenry.

Carter’s concerns reverberate within the industry, with many professionals and experts expressing similar reservations about the evolution of fintech regulations. These concerns underscore the urgent necessity for regulators to sufficiently understand emerging technologies before creating rules.

Commentators have also joined the conversation, discussing potential impacts of fintech regulations on local governments. The resulting discussions emphasize the complexities of governing cross-border transactions and the long-term implications of regulations on the competitive landscape and shifting consumer demands.

The post Connecticut resident expresses fintech regulatory concerns appeared first on SmallBizTechnology.

Each game offers a unique appeal. Queens presents logic puzzles related to chess, Crossclimb combines trivia with logical reasoning, and Pinpoint involves word association tasks that test users’ language skills. Inspired by Wordle, these games offer a once-a-day play feature and allow players to share their progress with their connections.

Unique game modes make each experience different: Queens involves arranging objects without overlapping, Crossclimb alters a letter in a mutable grid with each clue, and Pinpoint challenges users with increasingly complex word associations.

LinkedIn’s engagement through new logic games

Nonetheless, all the games are designed to be quick, enjoyable, and provide cognitive exercises.

Laura Lorenzetti, LinkedIn’s North American executive editor, emphasizes that these games are not meant to act as a distraction but aim to promote user interaction and engagement. The introduction of these games aligns with the platform’s strategic objectives to improve the user experience while staying true to its roots of professional networking.

These newly incorporated games, introduced by LinkedIn News, mirrors an effort to augment user engagement and audience expansion efforts similar to those of The New York Times. With over a billion users, LinkedIn hopes the interactive element of the games will attract users on a frequent basis and expand its advertiser demographics.

The management and operational execution of these games were independently handled by LinkedIn, although the company is owned by Microsoft. Despite criticism of possibly diluting the platform’s professional image, LinkedIn believes these innovative offerings will maintain user interest over time and help build deeper relationships among its user base.

The post LinkedIn introduces logic games to boost engagement appeared first on SmallBizTechnology.

The Rabbit R1 operates using custom software and extensive cloud resources. Rabbit’s CEO, Jesse Lyu, states that novel modifications to its cloud services deliver superior performance, effectively putting the application a cut above regular Android apps.

During testing, the Rabbit R1 allowed the Google Pixel 6a to expand its functions dramatically. Via voice commands, the users could access cloud services, monitor usage stats, diagnose potential issues, and even manage their devices. This application not only promises increased technology accessibility but is also seen as a significant stride towards a future where AI and humans coexist seamlessly.

However, there are noteworthy issues to consider.

Rabbit’s AI advancements in smartphone capabilities

For one, Rabbit R1’s heavy dependence on cloud services may lead to performance problems if these services experience downtime. This could be problematic for users with limited data plans or slower internet connections. Additionally, an error in server request validation could potentially cause security breaches, potentially resulting in operational disruptions or a compromise of user data. Furthermore, compatibility problems could arise if the application is employed on non-android devices.

Critics argue that similar features are already accessible on current smartphones, creating skepticism about these new products’ real added value. On the contrary, Rabbit staunchly defends its innovations, asserting that these new features significantly enhance user experience.

Supporters of Rabbit argue that despite the initial cost, the potential benefits and efficiencies from these devices far outweigh the investment. As a result, the launch of the R1 and Humane AI Pin has certainly sparked a heated discussion in the tech community about the future of smart device technology.

The post Rabbit introduces AI products enhancing smartphone experience appeared first on SmallBizTechnology.

The highlighted effects involve sounds such as applause, laughter, a sorrowful trombone, a theatrical ‘ba dum tss’, and even a flatulence sound, all of which can be shared by every participant during a call. These sounds, created to inject a pleasurable ambiance to phone calls, range from enhancing the mood with laughter and applause, adding a humorous element with the trombone and ‘ba dum tss’, or creating heartiness with the novelty fart sound. Usage of these sounds can be tailored to fit the context of the conversation or group preference.

“Audio Emoji” distinguishes each sound with an emoji-button trigger mechanism, an aspect that enhances the interactive experience for users. Along with the sound comes a quick visual representation for each effect. The range of sounds varies from mere laughter to intricate music scores. Animated visual counterparts add context and enhance the sensory appeal of this feature.

As it stands now, it appears only the user who activates an audio emoji can see the corresponding animation, but recipients with enabled audio emojis may also be privy to this.

Exploring Google’s new ‘Audio Emoji’ feature

The roll-out of this feature seems phased, like most tech updates, and anticipates wider accessibility over time. However, without official word from Google, this remains speculative.

Users have the autonomy to disable the feature at their discretion using an ‘X’ button found on the menu’s top-right corner. Among its features lies a cooldown period between emoji uses, a regulation designed to avert continual usage during calls. As fun as the interchangeability of audio effects is, caution is exercised to prevent its misuse.

The debut of this exciting feature notably accents the anticipation for Google’s imminent hardware and software launch. As ever, Google continues to keep fans agog with prospects of cutting-edge offerings, with the ‘Audio Emoji’ enhancement being the latest in its string of intriguing reveals. We await more thrilling unveiling in the technological sphere from Google soon.

The post Google tests ‘Audio Emoji’ for interactive phone calls appeared first on SmallBizTechnology.

Presently, notifications in landscape mode appear in the middle of the screen, which results in surplus untouched space. Android 15 intends to rectify this by redistributing functions across the screen, consequently improving usability and aesthetic appeal. For example, the interface is designed such that notifications will populate the right side of the screen while the clock widget will be on the left side in landscape mode.

This update also introduces a split-screen feature for quick notification and setting toggles. This is a move towards eliminating excessive screen space, offering better multitasking capabilities. Now, with the new quick-setting toggles feature, users can manage various settings without switching screen views.

The update also addresses the issue of unused screen space that was common in the previous version, Android 14, thereby improving the overall system user interface.

Enhancing landscape mode in Android 15

The incorporation of an intuitive notification management feature is a significant enhancement. This allows users to view and respond to incoming alerts without interrupting their current activities.

Google’s restructuring move to merge its Android and Hardware (Pixel) departments implies that apps can now be downloaded simultaneously from Google Play Store. Moreover, system updates will be dispatched straight to Pixel phones, discarding the former carrier method.This facilitates faster updates and reinforced system security. This revamped arrangement signals Google’s endeavour to refine its technologies to provide an optimized user interface and experience.

Lastly, in line with the release of the Galaxy S24 smartphone series, Google introduced a new feature “Circle to Search” (CtS). With this feature, users can effortlessly search for an item by simply circling it on their screen. With these notable updates, Android 15 promises to offer users a more streamlined, efficient, and interactive device experience.

The post Android 15 enhances landscape mode usability appeared first on SmallBizTechnology.

Apple engineers, in their attempt to fix this issue, are examining the software meticulously. Simultaneously, Apple suggests temporary solutions such as setting multiple alarms or employing external alarm applications until the glitch is resolved.

Several iPhone users suspect that the iPhone’s Attention Aware feature may be contributing to this problem. This feature adjusts the alert volumes based on user interaction with the device screen. In simple terms, if the phone detects the user looking at it, the volume of alerts is reduced.

This speculation arises as several users reported not hearing alarms and reminders, leading to disruptions in their schedules.

Investigating iPhone’s silent alarm glitch

More and more individuals are contemplating disabling this feature until Apple can provide a definitive solution.

However, Apple hasn’t confirmed whether this feature is indeed the culprit behind the silent alarms. They rather remained ambiguous about the contribution of this specific feature, stating further tests may be needed.

Among the users’ temporary solutions, some have deactivated the Attention Aware feature by navigating to ‘Face ID & Passcode’ in the settings app and switching off ‘Attention Aware Features’. This workaround appears to work, although it isn’t the root solution.

If deactivated, the device will cease to check for eye contact before dimming the display or lowering the volume of alerts. Although it mitigates a constantly dimming screen, it could lower the user experience in other areas.

Until Apple rectifies this bug via a future iOS update, users could rely on such temporary solutions. Meanwhile, users are encouraged to closely monitor their devices and report any unusual behaviors to improve the overall user experience.

The recent widespread issue has been highlighted by the Today Show, encouraging Apple users to share their experiences. The issue also featured prominently in a recent episode, leading to further substantive discourse regarding the alarm issues.

The post Apple investigates mysterious iPhone alarm mute glitch appeared first on SmallBizTechnology.

The former model, Pixel 7A remains a solid choice even now, with its discounted price at an all-time low of $349. Its defining features include a top-of-the-line camera, wireless charging, generous storage space, and persistent battery life. With the waterproof design and Gorilla glass display, the Pixel 7A offers exceptional durability.

Google continues its tradition of creating innovative smartphones and offering other products at discounted prices.

Introducing the midrange Pixel 8A

Noteworthy mentions include the Pixel Watch 2, Pixel Buds Pro, and Pixel Tablet, each offering unique features to enhance users’ experience.

Music enthusiasts might find favour with the Pixel Buds Pro with its impressively dynamic audio, snug fit, extended battery life, efficient noise cancellation features, and integration of Google Assistant, bundled with a sleek, modern design. The Pixel Tablet, on the other hand, is known for its high-resolution screen, powerful processor, and compatibility with Google’s comprehensive suite of applications, offering a seamless user experience.

All these features come at a surprisingly affordable price point, making both new and loyal Google users’ gadget update journey even more delightful.

As for the upcoming Pixel 8 and 8 Pro models, they pledge a substantial move upwards in this tech ladder, presenting enhancements in camera capabilities, processing efficiency, and an extended seven-year software update scheme. These upgraded features emphasize Google’s commitment towards consistent smartphone innovation.

The Pixel 8 series impresses with its powerful shooting abilities, rendering next-level clarity, color accuracy, and low light performance. The Pixel 8 and 8 Pro stand as epitomes of Google’s bold, futuristic smartphone design and execution.

The post Google set to release midrange Pixel 8A appeared first on SmallBizTechnology.

Apple’s boost in AI and machine learning signifies a substantial investment in research and development. This move aligns with the growing trend of integrated and intuitive user experiences, likely allowing Apple to stay ahead in the highly competitive tech industry. These upgrades aim to improve voice recognition, personalisation, natural language processing, and autonomous systems.

The overhaul of iOS and iPadOS 18 will offer significant improvements to key applications, enhancing performance and functionality. Expect improvements to the user interface, fixes to recurring bugs, and more customisation options. Apple users can anticipate these updates and experience a refreshing journey later this year.

Apple’s voice assistant, Siri, is also expected to receive a significant upgrade.

Preparing for Apple’s iOS and iPadOS advancements

The introduction of a Large Language Model (LLM) is set to enhance Siri’s understanding and interaction capabilities, paving the way for more engaging, natural conversation-like interactions.

Another useful feature is the upcoming ‘browsing assistant’, acting as an internal search engine. Powered by the A16 and M4 chips, the assistant will utilise strides in machine learning to significantly upgrade its neural engine capabilities.

Both iOS 18 and iPadOS 18 will introduce a substantial redesign, offering more options for users to organise apps and widgets. Furthermore, users can expect enhancements in Siri’s capabilities, promoting a more efficient and accurate user experience. In line with this, Apple is set to strengthen its privacy settings, offering users more control over their shared information.

The year 2024 is shaping up to be noteworthy for Apple. Rumours circulate of an imminent ‘Apple Glasses’ release, a potential milestone in augmented reality technology. The expected release of a sophisticated iPhone model, combined with significant Mac updates, promises a big year for Apple. These advances, along with continual service improvements such as Apple Pay and Apple Music, solidify Apple’s position as a technology leader.

The post Apple prepares for advanced iOS and iPadOS upgrades appeared first on SmallBizTechnology.

Various significant policy shifts included regulations to manage AI apps, disruptive notifications, and privacy issues. This included a new rule requiring developers to allow users to delete account data without reinstalling an app and to provide more information about their identity. Additionally, it required developers to clarify in-app purchases and validate subscription services as well as display explicit outcomes in games.

Non-compliant apps with intrusive ads or misleading content faced potential removal from the platform. Mature content needed to be clearly displayed to users and rigorous rules were set for kids’ apps to ensure safety and an educational environment.

Google’s intensified security curbs 2.3 million apps

Through these initiatives, Google succeeded in preventing potentially hazardous apps from being released.

Approximately 333,000 developer account suspensions resulted from these changes, and about 200,000 apps were rejected for improper handling of sensitive permissions. Furthermore, Google saw an increase of 850,000 rejections in relation to the previous year when 1.43 million apps were denied.

The heightened safety commitment is reflected in the subsequent blocking of roughly 500,000 apps from 2020 to 2022. Rigorous protocols resulted in a huge number of disapproved apps, with a total of almost 2.3 million applications failing to reach the Google Play Store over the last two years.

Google’s latest measurement method factors in the European Union’s Digital Services Act mandates, which may clarify the increase in app rejections on security grounds, although comparing to previous years remains complex. This conforming to the Act signifies Google’s efforts to prioritize user safety and compliance with relevant laws.

Despite improvements, not all violations have been detected. An incident involving an unnoticed spy app and another where hidden ransomware slipped through Google’s security suggest room for further security refinement. Notwithstanding setbacks, Google continues to work hard to ensure apps available on their platform are safe, secure, and free from malicious elements.

The post Google blocks 2.3 million apps amidst security regulations appeared first on SmallBizTechnology.

Strands is dissimilar from traditional word games. It deduces words related to a specific theme on a six by eight squares grid. The game also provides hints and exceptional highlighting tools to allow players to traverse the grid and identify theme-based words. With its distinct gameplay, Strands extends cognitive flexibility and problem-solving skills beyond traditional word games.

Another exciting feature unique to Strands is the “spangram,” a special theme-based word that runs diagonally across the grid. Figuring out the spangram links the entire grid, making the game not only engaging but very captivating.

Exploring Strands: New York Times’ unique word game

With a theme to follow, the “spangram” amplifies the puzzle-solving experience.

On the Strands grid, every letter differs. Players link letters in different directions while creating words using fingers on touchscreen devices. The game is created keeping the user’s cognitive ability stimulation in mind thus making it immediately engaging. Additionally, once a letter is employed, it cannot be used again to form the same word.

Strands also offer a “Hint” feature. This tool aids players to suggest potential words when they are stuck, enhancing the game’s enjoyability and accessibility. To utilize this function, players must first find three distinct words with at least four letters each. The “Hint” feature will then become available, providing assistance with finding the next word in the game.

Strands offer numerous puzzles daily, including challenges involving synonyms, homophones, and fill-in-the-blank problems. Each day introduces different intriguing puzzles. While the grid has size constraints, the puzzles continue to offer an entertaining and reminiscent experience, featuring pop culture references, such as well-known artists known only by one name.

The post New York Times introduces Strands, revamping word puzzles appeared first on SmallBizTechnology.

Sample, with her robust experience in managing successful ventures, led Fundid to its initial success. This was achieved through partnerships with known investors, including Nevcaut Ventures, The Artemis Fund, and Builders and Backers. Her exceptional leadership helped Fundid emerge as a competent player in fintech.

The company is known for novel services that help revolutionize small businesses. Successful alliances with multiple financial institutions further accentuate Sample’s influential leadership and the trust endowed in her vision.

Fundid’s unique offerings include a borrowing ecosystem managed by business-focused credit cards and financial solutions aimed at assisting women-owned businesses. Despite experiencing financial strain in 2023 following an unexpected rise in interests rates, Fundid persevered, attempting to navigate the ever-evolving finance market.

Facing further challenges due to aggressive competition, Fundid was forced to explore alternative solutions. These included expenditure cutbacks, a focus on operational efficiency, and exploring diverse revenue strategies.

Fundid’s closure: Sample’s resilience leads

A significant decision made in response to the rising expenses was pulling its business card product from the market, despite securing $2 million in additional funding.

This led to a comprehensive revision of the company’s business model and a focus on financial restructuring. The discontinuation of the business card product revealed new opportunities for product diversification, guided by Sample’s dedicated leadership and $2 million in fresh funding.

The money, however, was returned to investors, and the team was dissolved in late 2023. Sample then sought counsel from her mentors who advised her to view her failures as opportunities for growth. This sparked a change in her entrepreneurial strategy as she began to understand that business success also involves learning from past mistakes.

By October 2023, Sample resolved to adopt a more cautious approach to the expansion of her startup. This involved securing new funding, rebuilding her team, and focusing on developing a robust operational base. She maintained her faith in her previous team members, attributing their collective learning experience as a significant contribution to her refined vision.

By the end of 2023, Sample’s leadership and her team’s resilience put the startup back on the path to success. The closure of Fundid is seen as a stepping stone, not a loss, providing Sample with valuable business insights for future ventures. She considers her experience with Fundid as an educational period and is excited to continue her journey in the startup world.

The post Fundid closures: Stefanie Sample’s tale of resilience appeared first on SmallBizTechnology.

Saini, notable for her reporting on finance firms and fintech, attributed the spike to a surge for these innovative products. Her comprehensive interpretation of financial data and clear viewpoint on asset management and the fintech sector allows readers to form well-rounded opinions.

Matthews, a financial expert in New York, spotlighted the role of Nasdaq’s fintech products in their financial growth. She emphasised the importance of these digital solutions, considering them as the finance future. Additionally, Matthews suggested continuous innovation to stay competitive and attract potential investors.

In other financial news, a dramatic yen increase was observed on April 29, 2024.

Nasdaq’s profit spikes from fintech boost

After a sudden fall to 160 per dollar, the yen recovered due to dollar-selling intervention by Japanese banks. This rebound made a promising case for Japan’s foreign exchange strategy, encouraging healthier financial transactions.

Boosted by the yen recovery, global investors started directing their capital towards Japan, causing Japanese stocks to surge. However, its sustainability remains uncertain, thereby necessitating close economic monitoring.

In conclusion, these events illustrate the unpredictable nature of global financial markets. Notwithstanding, strategic planning and careful management can help navigate these unpredictable seas successfully.

Updates on Nasdaq’s progress and the overall financial market should be available soon. These insights will offer a clearer understanding of market trends and the direction Nasdaq is headed, helping to identify potential investment opportunities and risks. These updates, resulting from careful research and analysis, aim to provide a comprehensive market picture, keeping all stakeholders well-informed about the dynamics of the financial market.

The post Nasdaq income rises due to fintech demand appeared first on SmallBizTechnology.

Both Akhund and Lacerte underlined how their respective companies, Mercury and BILL.com, have harnessed the power of AI to develop dynamic financial solutions, transform online bill payment processes, and boost customer satisfaction.

Future-oriented planning, digital innovation, and a flexible mindset were identified as crucial in the rapidly evolving fintech landscape. The CEOs further emphasized the importance of hiring candidates that align with the company’s mission and values in fostering a culture of innovation.

Immerman underscored the impact of Generative AI (GenAI) on the financial services sector, predicting that by 2024 GenAI would revolutionize financial transactions, enabling a more efficient, reliable, and secure financial system.

Lacerte elaborated on the potential of GenAI in enhacing operations like programming, customer engagement, and financial transactions.

AI’s growing impact on fintech strategies

He stressed the need for businesses to build credibility and security around AI-driven financial operations.

Akhund mirrored Lacerte’s sentiments but urged caution against major investments until GenAI’s practical benefits are fully recognized. Mercury is utilizing GenAI in various tasks to automate processes and enhance decision-making efficiency.

The conversation concluded with an examination of the evolution of financial roles due to technological advancements, with the CEOs predicting shifts towards more strategic advisory functions. They highlighted the continuous need for professionals to develop their skills to embrace complex and analytical tasks in this fast-paced age of AI.

The dialogue ultimately reiterated the importance of careful adoption of AI technologies considering inherent risks and the significance of preserving a company’s unique culture, which shapes its future trajectory.

The post AI’s influencing role in fintech industry appeared first on SmallBizTechnology.

René Lacerte, founder and CEO of BILL, shed light on the promising applications of generative AI. He believes it can establish a dependable network for customers in financial services, optimize loan approvals and credit extensions, and help detect fraudulent activities. Lauding AI’s ability to automate complex tasks and improve precision, Lacerte encouraged stakeholders to invest in this ground-breaking technology.

Immad Akhund, Mercury’s co-founder and CEO, also highlighted the use of generative AI in customer support and auditing. He, however, warned against hastily rolling out AI applications without a comprehensive plan and risk assessment. Akhund views AI adoption as potentially transformative but emphasizes the need for measured consideration of its benefits and risks.

Lacerte also championed the use of top-quality data to fuel generative AI, saying relevant information is crucial for developing efficient algorithms.

Generative AI’s significant impact on fintech

The effective deployment of transactional data, versus public data, will lead to the creation of reliable, predictive models.

The conversation then turned to the future roles of financial managers and CFOs in this evolving technological landscape. Lacerte predicted a shift in focus from routine tasks to providing strategic advice thanks to advancements in tech. Knowledge in finance and a strong tech understanding, he believes, will become vital for these professionals.

Financial managers and CFOs must also understand how their financial decisions impact overall business operations. By stepping outside traditional roles, they can gain a comprehensive view of organizational activities, fostering better collaboration and strategic alignment.

In conclusion, Lacerte envisions a future wherein financial professionals are strategic contributors rather than merely number-crunchers. This view is in line with the consensus that the role of financial managers and CFOs will become more challenging and rewarding in the future. Lacerte believes that these evolving roles could improve business decisions, promote environmental sustainability, and boost data analysis capabilities. Ultimately, these changes could help companies stay competitive and efficient in a rapidly progressing market.

The post Generative AI poised to reshape fintech industry appeared first on SmallBizTechnology.

The brothers envisage a financial future unrestricted by borders or traditional regulations, made possible through their software-defined approach, promising to be more inclusive and global in scope.

The idea has caused a buzz, with speculation about the potential to revolutionize the fintech industry.

Since its establishment in 2009, Stripe has shown remarkable growth through consistent innovation, meeting the demands for services such as payout automation, merchant corporate card issuance, and loan facilitation for medical practices.

Their aim, says John Collison, is to bring programmability to money while promoting global economic growth.

Envisioning borderless financial services with Stripe

By utilizing data analytics and machine learning, Stripe aims to transform the flow of money into a more efficient and streamlined process.

More than 50 new, AI-driven features were rolled out at the conference. These enhancements, intended to optimize checkout conversions, minimize fraud, and boost authorization rates, also include upgrades to Stripe Connect, facilitating the easier integration of financial services.

Driven by a mission to boost the internet’s GDP, Patrick Collison shared plans to identify patterns within Stripe’s global ecosystem. This won’t just focus on the present, but also anticipate shifting priorities to help facilitate global economic growth.

With Stripe’s total payment volume exceeding $1 trillion in 2023, accounting for approximately 1% of the global GDP, it appears the Collison brothers are well on their way to achieving their ambitious vision.

The post Stripe co-founders present future of borderless financial services appeared first on SmallBizTechnology.

Well-known investors like Khosla Ventures and Founders Fund played significant roles in this capital raise, leading to a substantial increase in Ramp’s market value. The company’s resilience and innovative approach during economically challenging times have made it an influential player in the fintech industry.

Meanwhile, business banking entity Mercury plans a strategic shift into the consumer banking sector. By leveraging its existing 100,000 business clients, they aim to broaden their market presence and diversify their revenue source.

Fintech valuation surges after successful funding

The company also expressed plans to offer products tailored for personal banking like check accounts, savings accounts, and personal loans.

Bullish fintech startup Onyx Private from Germany and Kenyan insurtech firm Pula are demonstrating the potential benefits of emerging technology trends in their sectors. Their continued success and recent financial backing serve as inspiration for ambitious startups across Germany and Kenya.

Turkish fintech company Bisecu offers a unique platform allowing Turkish residents to invest in both US and Turkish equities. Following a successful recent investment round led by Canadian company Portage, Bisecu plans to revolutionize and democratize the investment landscape in Turkey.

The Swedish fintech giant Klarna is gearing up for the US launch of its credit card, marking a direct challenge to established competitors such as Visa and PayPal. This move signifies Klarna’s intention to shake up the “Buy Now Pay Later” market segment, and expand its user base.

The fintech world is currently buzzing with anticipations about potential widespread share sales by stakeholders of an undisclosed HR / Fintech startup. Depending on the situation and resultant market activity, this could lead to a significant reshuffling of shares in the fintech industry and possibly an enhanced influx of investor interest.

The post Ramp valuation soars following successful investment round appeared first on SmallBizTechnology.

Such an unusual circumstance warrants a deeper analysis of the cause and its ramifications. This necessity stems not just from the need to resolve the current issue, but to prevent a recurrence. It is an opportunity to reconsider our strategies, potentially revealing effective solutions through our examination.

The missing reference to a certain text emphasizes the requirement to complete the task at hand, heightening its significance in the process. Searching for this missing reference and incorporating it without delay reduces hindrances in the completion of the pending task.

The responsible individual, presumably tasked with the content’s revision, faces hurdles due to the unavailability of text. The absence results in stalling the process and forming barriers to progress. This predicament highlights the need for clearer communication and instructions, allowing for effective task execution.

Overcoming efficiency loss due to content deficiency

However, until the required text is provided, the revision process remains at a standstill.

To resolve such matters, the relevant party should provide the text for modification. This step not only resolves the current issue but enhances productivity and efficiency too. This proactive approach lessens errors and misunderstandings, speeds up processes, and promotes an environment of shared responsibility. The application of such a strategy at a routine level builds a conducive workplace atmosphere.

This situation underscores the importance of comprehensive communication and data exchange during requests. Any compromise in the quality of communication can jeopardize the efficiency of processes. Comprehensive discussions and precise data transfer cannot be overstated in their importance for effective and harmonious operations.

Despite current setbacks, the dedication to providing useful service remains unyielding. Challenges do not deter the commitment to better the system for optimal functionality and user ease. The focus remains on open communication and prompt responses and a continuous improvement ethic.

The post Efficiency hindered by content shortfall in revisions appeared first on SmallBizTechnology.

Flutterwave, utilized by big names like Uber for online payments, highlights its significance in the fintech arena. As part of IPO preparations, the firm has inducted new board members, independent directors, and executives to liaise with regulatory bodies. Besides, the company is investing in Blockchain technologies and is allocating resources to Artificial Intelligence to maintain a competitive edge.

Despite challenges including resignations of high-ranking officials and financial losses, Flutterwave proved its mettle by winning a court ruling to recover lost funds. It swiftly filled vacant leadership positions, reinforcing a system to prevent illegal transactions. In doing so, it regained stability and reputation, showing resilience in the face of adversity.

Speculations swirl around the IPO’s exact timing and a potential Flutterwave-NASDAQ alliance, creating a buzz in Africa’s technology sector.

Flutterwave gears up for anticipated IPO

Regardless of uncertainties, the growth potential for Flutterwave’s innovative digital financial solutions is undeniable. It continues to draw interest from local and international investors for its strong market position and growth potential.

Flutterwave has built a robust relationship with African regulatory bodies through transparency. Despite struggles in areas like Kenya, it has made significant progress in countries like Rwanda. This resilient approach of maintaining integrity and open communication with authorities has helped foster trust, promoting a harmonious relationship, and propelling the African financial industry forward.

Rumors about potential mergers and acquisitions were dismissed by Flutterwave, stating its focus remains on enhancing fintech rather than traditional banking services. Over the last eight years, the company has garnered nearly half a billion dollars, achieving an astonishing $3 billion valuation as of 2021. Despite challenges, the company shows unwavering commitment towards its IPO plans.

The post Flutterwave CEO confirms IPO preparations underway appeared first on SmallBizTechnology.

Despite initial skepticism, RoboBurger’s demonstration of automated, sanitary, and efficient burger preparation swayed opinions. The cutting-edge machine can churn out a customizable burger in under five minutes with minimal human intervention. The undeniably transformative concept eventually convinced the investors, leading to an intense deliberation.

However, some investors questioned the start-up’s strategy in the face of fierce competition in the robotics industry. Regular investor Mark Cuban was notably critical. In response, Rubin suggested an innovative venture loan deal, which converts debt into equity.

Securing funds for RoboBurger’s automated ventures

This proposal stimulated a keen debate among investors.

The proposed $1.5 million venture loan includes a ‘market rate’ interest repayment clause and a 10% stake in the company’s equity, offering potential high-returns to the investors. Yet, the deal is also laden with risks, subject to the company’s performance in a volatile market, prompting potential investors to exercise cautious judgment.

Focusing on their unique business model, RoboBurger aims to lease or sell their machines, with the user responsible for restocking. The company projects $1.4 million in annual revenue, despite potential losses, and plans to expand their market presence. While promising, the ambitious business plans come with their challenges such as controlling the operational costs while ensuring consistency and quality in a fluctuating market environment.

With the funds, the company’s CMO, Andy Siegel, aims to accelerate manufacturing and amplify the vending machine’s market presence. Despite potential risks, RoboBurger’s autonomous vending machine concept has left a lasting impression on the ‘Shark Tank’ investors and audience alike. Going forward, focus on customer support and continuous innovation will be key to RoboBurger’s future success.

Boosted by the ‘Shark Tank’ exposure, RoboBurger has emerged as a promising start-up in the automated food industry. With the potential to reshape fast food business models, the future is exciting but also challenging for the start-up as it prepares to navigate the evolving market landscape and rise above potential competition.

The post RoboBurger secures venture loan for burger vending machines appeared first on SmallBizTechnology.

Datakalab’s focus on facial analysis technology is set to greatly improve Apple’s current AI capabilities. The exact financial details remain confidential, aligning with Apple’s usual practice.

Datakalab, established in 2016, is revered for creating AI algorithms that are power efficient and highly adaptable for mobile devices. The company prides itself on providing fast, cost-effective, and accurate vision computing.

This acquisition meshes with Apple’s strategy to supercharge its devices with superior AI capacities, potentially starting with the forthcoming iOS 18.

Apple’s purchase of Datakalab enhances AI

This move underscores Apple’s commitment to personalized, intelligent devices that enhance user experience.

Apple’s research team has developed an AI system known as ReALM (Reference Resolution As Language Modeling). This innovative mechanism simplifies the process of interpreting visual cues on screen by converting them into linguistic tasks, thus enhancing AI voice interaction.

An independent AI researcher commented on AI’s potential to elevate customer experiences, encourage loyalty, and bolster sales. AI’s capacity for real-time data analysis can predict customer needs and preferences for highly personal interactions.

Currently, Apple is reportedly in discussions with Google to embed Google’s AI system within the iPhone. In conjunction with exploring potential collaborations with other companies to incorporate their AI technology, this marks a significant effort by Apple to diversify and strengthen their AI capabilities.

The post Apple acquires Datakalab to boost AI capabilities appeared first on SmallBizTechnology.

Rest assured, once we receive the right information, we will thoroughly analyze the content. Our aim is to extract and present key points accurately to fulfill your needs.

Requesting vital service delivery information

However, we’re currently unable to proceed without the necessary context or sources.

Therefore, we kindly request you to share appropriate information or document. It will enable us to better assist you. If there are certain areas you want us to concentrate on, please don’t hesitate to make them known.

Acknowledging your understanding and patience while we resolve this matter is highly appreciated. As soon as we have what we need, you can count on us to deliver clear and concise content in tune with your expectations.

The post Additional information needed to deliver service appeared first on SmallBizTechnology.

Global supply chains have been negatively affected by various ongoing issues such as the Red Sea crisis, the COVID-19 pandemic, and disruptions to commercial shipping containers. These issues have led to increased delivery times and unexpected costs, severely affecting businesses worldwide. Experts believe, international cooperation, effective crisis management, and significant infrastructure investment are crucial to ensuring the sustainability and robustness of global supply chains.

Recently, businesses have felt pressured to seek better methods of sourcing materials and streamlining shipping processes, largely due to frequent global supply chain disruptions. This pressure has amplified a need for more dynamic and efficient systems to manage the global spending on supply chain services and logistics.

AI-fintech merger: Addressing global supply chain woes

Enterprises seem to be turning to advanced analytics software and digital tools as solutions, which could potentially enhance their resilience in the face of disruptions and boost their profitability.

Despite recent developments and the emergence of startups aimed at modernizing these processes, efficiently managing supply chain financial transactions remains a considerable challenge for shippers and service providers. Numerous obstacles such as differences in regional financial systems, delayed deliveries, and unstructured data all contribute to the issue. Additionally, changing environmental regulations and varying customer expectations increase complexities and costs.

The proposed solution is the integration of AI and fintech. This merger aims to help businesses process essential information more efficiently and precisely, leading to improved financial decisions. Experts anticipate this fusion to revolutionize the global supply chain, optimizing financial management, enhancing customer experience, and mitigating risks, thus setting the stage for a smarter and more resilient global economy.

The post AI and fintech integration: A potential solution for global supply chain issues appeared first on SmallBizTechnology.

Resolution of the funding round not only involves Portage but also several prominent international investors who appreciate the potential and value of Midas. The collected funds will fulfill a significant role in helping Midas speed up the development of its platform, aiming at improving user experience and diversifying offerings.

Midas is set at the forefront of Turkey’s fintech landscape by leveraging beneficial tools such as low trading fees and an abundance of investment information, encouraging financial independence among its users. The startup offers a unique opportunity to invest in both local Turkish and American stocks, providing exposure to global financial markets.

The founder and CEO, Egem Eraslan, launched Midas around three years ago with a user-driven experience and self-built platform on a less than $500,000 budget.

Midas raises funds to expand fintech platform

Eraslan identified an opportunity to educate the masses about the capital market’s value and potential, building a user-friendly product despite significant financial constraints.

By managing their own clearing and custody, Midas differentiates itself from American counterparts like Robinhood, ensuring client security and efficient transaction processing. The recent funding allows Midas to aim for product expansion to include cryptocurrency trading, mutual funds, and savings account options. They also express interest at extending their services to the Middle Eastern and North African regions.

Backing Midas in their recent funding round were investors like International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. Cem Sertoglu from Earlybird Digital East Fund commended Midas for its successful penetration of the domestic market in the 11th largest economy worldwide. Concurrently, Paul Desmarais III of Portage highlighted Midas’s pivotal role in transforming Turkey’s financial landscape.

The post Midas secures $45 million for fintech development appeared first on SmallBizTechnology.

Lemonade, a financial tech innovation stock, despite its current situation, could experience significant growth in the future due to its innovative insurance model and aggressive expansion plans. However, it must compete with other insurance companies that also capitalise on technology and data. Despite substantial investments in AI and machine learning, Lemonade’s gross loss remains over 75%, which is a cause for concern.

Founded in 2015, Lemonade utilises artificial intelligence to transform the customer experience in the insurance sector. This innovative approach led to a 67% revenue increase in 2023, alongside acquiring 200,000 new clients. Their disruptive technology has revolutionised the traditional insurance industry, paving the way for other tech-startups.

SoFi’s investment potential amid Lemonade’s decline

However, their financial performance has yet to catch up with their technological advancements.

On the other hand, SoFi Technologies recorded a 35% revenue rise and a 44% customer growth in its most recent quarterly results, catering to a more affluent, younger demographic. Their expansion into personal loans and investment products has allowed them to diversify their services and cater to a broader audience’s financial needs. Particularly, SoFi’s loan offerings significantly contributed to their increased revenues.

SoFi’s impressive growth throughout 2023 owes much to their progressive strategies, top-notch customer service, and their unceasing dedication to satisfying their customer’s evolving financial needs. Recently, SoFi bounced back from its losses and transitioned to profits in the last quarter, with management projecting a substantial increase in its EPS from $0.02 in the previous year’s Q4 to between $0.55 to $0.80 in 2026.

Despite Lemonade’s stock trading at a lower price-to-sales ratio, indicating its potential growth if profitability improves, it wasn’t included in the Motley Fool Stock Advisor analyst team’s top investment picks. The team advises investors instead to pay attention to the 10 stocks that made the cut for high return prospects.

The post Lemonade’s struggles raise investment potential in SoFi Technologies appeared first on SmallBizTechnology.

Established in 2017 and based in Stellenbosch, Spatialedge’s primary objective is to empower businesses through deploying machine learning capabilities and deciphering big data. They present an array of services such as data processing, model development, and algorithm design, aiming at providing client-centric solutions.

Despite operating in a highly competitive industry, Spatialedge has managed an impressive financial growth, already grossing revenues exceeding ZAR300 million or US$15.7 million.

Spatialedge’s funding boost for expansion

This sharp increase in profits is attributed to efficient operational strategies implanted by the dedicated management team.

The raised ZAR60 million funds will be concentrated on expanding the company’s research and development, thus enhancing the variety and sophistication of their product offerings. The influx of this substantial sum is expected to give the company an edge and help tap into yet unexplored avenues.

CEO Retief Gerber expressed his enthusiasm about the upcoming funding, emphasizing that it would not only fast-track the distribution of their solutions to a larger market but also surge up the business’s scalability and efficiency. He additionally showered gratitude on their investors for believing in Spatialedge’s vision and projected that this financial boost would lead them to set new benchmarks in the mission to deliver superior products and services.

Tom, an expert in the African tech startup ecosystem, closely monitors new businesses and fundraising events, providing constructive feedback through his insightful articles. With deep understanding of market trends and an eye for critique, he plays a crucial role in influencing discussions among investors, executives and regulators within the rapidly evolving technological landscape.

The post Spatialedge secures ZAR60 million for expansion appeared first on SmallBizTechnology.

The company’s recent inauguration of a Research and Development (R&D) centre in South Korea underscores its dedication to encouraging local auto startups.

Strengthening BMW’s Korean supplier relationships

The R&D centre showcases BMW’s bid to facilitate technological progress in the automotive sector, particularly in emerging markets.

Jochen Goller, a key figure in BMW’s administration, highlighted the company’s dedication to Korea’s Electric Vehicle (EV) market during the R&D centre’s launch. He underlined the facility’s crucial role in promoting sustainable mobility solutions, which are gradually driving South Korea’s shift towards electric vehicles.

BMW’s integration of domestic car GPS technology in its vehicles has proven a successful strategy, securing BMW’s providential position in the South Korean automotive industry. BMW remains a foremost foreign car company in South Korea, outperforming competitors such as Mercedes-Benz.

The newly established R&D centre primarily aims at spurring technology advancements and nurturing relationships with startups. It aspires to enhance the nation’s automotive ecosystem by extending valuable resources and support, leading to significant automotive technological and innovation breakthroughs.

BMW’s growing influence in South Korea promises an increase in investment and possible collaborations, which could solidify the nation’s status in the global market and herald an unparalleled era of consistent innovation and progress for the German auto brand, Korean automotive startups, and promising clientele.

The post BMW boosts ties with South Korean suppliers appeared first on SmallBizTechnology.

The duo’s concept stood out for its innovative approach and conceivable positive impact on the local economy. Success in this competition not only granted them the prize money but also exposure to potential investors and influential local business figures.

Chamber of Commerce’s President, Samantha Smith, commended the winners for their commitment towards innovating and creating job opportunities within the county. She also mentioned the high quality of ideas generated in the competition this year, which suggests a promising future for entrepreneurship in West Virginia.

In 2020, another startup, Iconic Air, founded by Kyle Gillis and James Carnes, significantly grew, claiming a spot in West Virginia’s rapidly expanding independent business sector. Their groundbreaking work not only launched the company to new heights but also significantly contributed to West Virginia’s economic growth.

The state’s startup success stems from the supportive entrepreneurial environment, focusing on the intent and commitment of the entrepreneurs.

Boosting local economy through entrepreneurial achievements

This environment promotes entrepreneurial drive and fosters innovation through both incubation and acceleration programs.

Investment options in West Virginia are dynamic, with angel investment and venture capital aspects being predominant. The state’s various grants and incentives, coupled with technologically advanced infrastructure and access to high-quality talent, provide startups with a robust foundation to build upon.

West Virginia acknowledges successful entrepreneurs from diverse backgrounds, rejecting discrimination such as racism and sexism. The state appreciates entrepreneurs from varied backgrounds, celebrating their resilience and unique representation in the business sphere.

West Virginia’s growing entrepreneurial spirit, speed of business growth, and strong community support has made the state a hotbed for startups and independent ventures. Forward-thinking entrepreneurs continue to be drawn to the state’s nurturing environment, a testament to West Virginia’s promising economic future.

The post West Virginia entrepreneurs win Chamber grant, boosting local economy appeared first on SmallBizTechnology.

Zollinger’s accident occurred when he struck a concealed pothole on a flooded street, causing injuries to his face, nose, and knee. While vision blurred due to his facial injuries and the rising floodwater challenging his visibility, he remained hopeful. His smartwatch had already alerted the authorities, and he could hear sirens in the distance.

Although Zollinger managed to return home, he lost consciousness after a subsequent fall in the bathroom. An ambulance was called by his wife but was delayed due to heavy traffic.

Smartwatch’s pivotal role in cyclist’s rescue

His wife did all she could to keep him comfortable, but it was a distressing three days before he regained consciousness in the hospital.

Thanks to his smartwatch, an emergency call was automatically placed after he fell. A distress signal, including his exact location, was sent to his set emergency contacts. This automatic alert and the transmission of essential location data essentially saved his life that fateful day.

Upon waking in the hospital, it was confirmed that Zollinger had sustained no fractures or serious internal injuries, but he was slightly disoriented and bruised. He was advised to rest and undertake mental wellness checks to ensure he fully recovered from the incident.

This incident underscores the significant potential of wearable technology in emergencies. In similar incidents, life-saving alerts have been triggered by wearable tech devices in cases of immobility, such as heart attacks or strokes. This technology is especially beneficial for individuals living alone or those with chronic health conditions. Wearable technology continues to evolve and has proven to be a potent tool for safeguarding users’ health and wellbeing.

The post Smartwatch saves cyclist after severe accident appeared first on SmallBizTechnology.

Driving this growth are rapid tech advancements catching consumer demands for high-performing devices. 5G technology’s faster communication capacity significantly influences consumer preferences.

Samsung capitalizes on these trends, consistently innovating and expanding their products to grab a larger market share than their rival. Their supremacy in Q1 2024 marks a third straight quarter of higher sales than Apple’s iPhone.

Despite the competition, both Samsung and Apple remain dedicated to innovation, solidifying their standings in the global smartphone market.

As digital tech evolves, experts predict a thriving smartphone market. Increased competition is expected to spur further innovation and improvements, beneficial to consumers.

The widely-acclaimed Galaxy S24 Ultra from Samsung, particularly the 12GB 256GB variant, boosts Samsung’s area in the market. The increasing demand for this model reflects Samsung’s technological competency and superior design, key to customer satisfaction and leading to wider industry growth.

On the other hand, Apple’s sales are on a downward trend. Such a slow performance contrasts Samsung’s continuous upward trajectory and contradicts Apple’s overall image and previous-year performance.

Several factors contribute to this sales decline: increased competition, market saturation in developed countries, and hefty pricing of new models. Samsung, however, is winning market share owing to its diverse product offerings catering to various consumer segments.

Allegations of Apple slowing down older iPhone models impact consumer trust. But Samsung plays its cards well by launching innovative, customer-centric designs and aggressive marketing.

Given these circumstances, Apple is feeling the heat to diversify products and rethink pricing to reclaim its ground.

Samsung surpasses Apple in consecutive quarters

Meanwhile, Samsung can concentrate on perfecting existing strategies to leverage the upward momentum.

Regardless of the slowdown, Apple’s strong ecosystem and clientele loyalty remain noteworthy. It’s likely the company will bounce back.

Industry observers speculate that introducing new killer features, improving existing models, or unveiling game-changing products could overturn Apple’s current market slump. It will be interesting to watch how these two giants navigate the evolving smartphone market.

Apple’s technology and branding carry significant influence, despite sales slowdowns. They manage to stay resilient amidst market changes due to a wide product range.

Apple’s recent shift towards more software services guarantees steady revenue even with fluctuating hardware sales.

The future of the smartphone market is unexpected and susceptible to sudden changes due to fluctuating market conditions. Companies need to stay innovative and adaptable to navigate this.

Despite Samsung’s current lead, the competition with Apple is far from over. Both companies could change positions due to inherent market volatility.

Consistently developing and evolving, Apple and Samsung continue to disrupt the status quo. Their intense rivalry culminates in producing sophisticated devices, setting consumer trends and expectations.

Both Samsung and Apple cannot afford complacency as rapid tech advancements reshape the landscape. They must focus on innovation to stay ahead of each other and other competitors in the tech industry.

The power struggle between Samsung and Apple directly influences consumers, who eagerly wait for the next big thing. This tight competition spells a dynamic future for the tech industry.

The post Samsung tops Apple in iPhone sales for third consecutive quarter appeared first on SmallBizTechnology.

CEO Sundar Pichai confirms the restructuring will bolster the synergy between hardware and software teams, improving the speed and efficiency of product rollouts. Additionally, research groups specializing in computational photography and on-device intelligence will be incorporated into the restructured organization, bolstering Google’s influence in AI across its platforms and devices.

Meanwhile, Motorola announced the release of three innovative smartphone models, including the standout Motorola Edge 50 Ultra. This device features impressive finishes, a superior triple camera setup, a large 6.7-inch ‘Super HD’ OLED screen, and ground-breaking Hello UX and Moto AI features.

Google’s restructuring and Motorola’s innovative smartphones

It also boasts an impressive two-day battery life and a powerful Qualcomm Snapdragon 8cx Gen 3 chipset.

The Motorola Edge 30 Pro and Motorola Edge 30 Lite were also launched, with high-end features in the Pro and a more accessible price point in the Lite version. All three phones come with Android 12 pre-installed, underscoring Motorola’s dedication to cutting-edge technology.

Pricing for the new Edge series is yet to be announced, but the smartphones are expected to become globally available progressively. The new additions will expand Motorola’s portfolio in the growing smartphone market and provide consumers with even more choices.

The Edge 50 Pro and Edge 50 Fusion are lower-cost alternatives with similar features and a unique pearl finish. Both models offer advanced AI technology, large screen sizes, powerful processors, and ample storage. The vegan leather back panel adds a touch of luxury and ensures a high-quality grip.

Finally, a preview of the upcoming Pixel 9 Pro, boasting a unique camera visor and triple camera system, has sparked high expectations among tech enthusiasts. Rumors suggest 5G support and a powerful Snapdragon processor, but official details will only be confirmed closer to the launch date, which is eagerly anticipated by technology enthusiasts worldwide.

The post Google restructures as Motorola unveils new smartphones appeared first on SmallBizTechnology.

The company has officially reported its downsizing strategy to the Securities and Exchange Commission (SEC), expecting it to be fully implemented by the end of 2024. With these measures, the company intends to streamline operations, manage workforce recruitment, and reduce operational costs.

Take-Two’s approach aligns with industry trends where other gaming giants such as EA, Microsoft Gaming, Riot Games, and Epic Games have also initiated layoffs. This widespread redundancy has not only caused community unrest but has sparked questions about the future of the gaming industry’s labor force.

In February, despite mixed quarterly earnings, Take-Two’s CEO, Strauss Zelnick, assured that there were no immediate plans for layoffs.

Take-Two Interactive’s stringent downsizing strategy

He emphasized the company’s focus on cost efficiency, directing expenditures towards marketing, third-party charges, and vendor expenses instead of workforce reductions.

Zelnick expressed his intention to channel the bulk of the company’s efforts and funds into areas that drive growth, such as marketing, third-party collaborations, and managing vendor costs as part of their supply chain strategy. He reiterated, layoffs were not part of their immediate agenda.

Take-Two, known for its efficiency, aims to be the most cost-effective company in the entertainment business. They are committed to building popular games like ‘Grand Theft Auto’, ‘Red Dead Redemption’, and ‘NBA 2K’ attentively and at low costs.

The current cost-cutting measures are projected to result in charges between $160 and $200 million. This derives from around $120-$140 million related to discontinued projects, $25-$35 million due to severance and related costs and $15-$25 million from reduced office space.

The post Take-Two Interactive announces major layoffs and halted projects appeared first on SmallBizTechnology.

The Delta emulator supports a variety of Nintendo games including those for Game Boy Advance, allowing users to enjoy high-definition and lag-free gaming experiences.

Despite Apple’s strict app guidelines, Testut managed to overcome these obstacles through clever software development.

The inclusion of an emulator on the iOS App Store expands its accessibility to the gaming community, validating Testut’s efforts to help gamers reconnect with nostalgic Nintendo titles and signalling a broader acceptance of emulators.

Delta’s impact is tangible worldwide, integrating vintage games into modern digital platforms, sparking innovation and nostalgia in the gaming world.

Delta’s launch aligns with a growing interest in vintage game emulators on the App Store. The recent removal of Game Boy emulator, the iGBA, signifies a perceived clampdown on such software apps suggesting it could curb creativity and technological evolution.

Testut has been vocal about his concerns. However, he stresses Delta operates within Apple’s rules and regulations, even amid the growing demand for these types of emulators on the App Store.

Testut prioritizes the importance of original software development, condemning plagiarism for its breach of intellectual property rights and for undermining the work of other developers.

Despite challenges and setbacks, Delta survived and is now directly accessible without sideloading.

Delta emulator: Nostalgic Nintendo on iOS

This is largely due to Testut’s commitment to improving mobile gaming and making classic games accessible.

Delta, now a flagship emulator, is loved by retro gaming enthusiasts for its intuitive interface, performance, and compatibility. It’s pushed the boundaries of emulation on non-jailbroken devices.

Testut’s creativity and innovation in emulator development positions him as an influential figure within the mobile gaming community, continually introducing enhancements for an optimal user experience.

Delta is compatible with various game consoles, includes third-party controller support, immediate save points, cheat codes, cross-device data syncing and local multiplayer gaming for up to four players.

Currently, only available for iOS devices, the emulator is an ideal solution for old-school gaming enthusiasts who enjoy handheld gaming experiences.

To maintain legal use, the Delta emulator requires users to convert their legally owned games into ROM files before playing. It’s free to download and use, but monetizing or publishing games without developers’ consent is illegal.

In conclusion, the Delta emulator is a one-stop solution for anyone longing to relive the nostalgia of retro gaming while enjoying the convenience of modern technology.

Testut launched AltStore PAL in the EU, an Apple-approved version of AltStore featuring Delta and a clipboard manager application called Clip, catering to Apple’s market transaction costs. Designed to minimize the need for a computer, AltStore PAL offers a seamless user experience for app users within the EU.

The post Delta emulator brings vintage Nintendo games to iOS appeared first on SmallBizTechnology.

Unique to the Sony televisions is their integration with Google TV and inclusion of HDMI 2.1 support. They also come equipped with a “cognitive intelligence” feature to elevate the overall viewing experience.

The Bravia line targets to redefine at-home entertainment, promising excellent picture-and-sound quality and dedicated streaming options for platforms such as Netflix, Amazon Prime, and Hulu.

Particular attention this year has been given to the four Mini-LED models. The Bravia 9, 8, and 7 models are powered by Sony’s XR processor, guaranteeing top-tier image quality, whereas the Bravia 3 model uses the X1 processor, resulting in a simpler design without compromising on performance.

Google TV, hailed as one of the best TV operating systems, is seamlessly incorporated across the 2024 Bravia line.

Sony’s diverse new Bravia TV lineup

This enables direct access to Google Assistant on the TV screen and easy connection with Google Home and Android phones.

Besides facilitating personalized TV experiences, the integration allows casting of mobile device screens onto the Bravia televisions. This elevates the overall user experience and broadens the scope of smart television functionality.

Also noteworthy is the compatibility of the new Bravia models with prevalent media formats like Dolby Vision and IMAX Enhanced. Catering particularly to PlayStation 5 users, they also pair well with Bravia audio accessories such as soundbars.

With advanced calibration mode, users can effortlessly fine-tune picture settings based on their preferences. Additionally, these energy-efficient TVs are designed for longevity, guaranteeing quality entertainment for years.

For those interested, the top-end Bravia 9 model starts from $3,299 for a 65-inch, with the budget-friendly Bravia 3 series starting at $599. The Bravia 7 and 3 series are currently available for pre-order.

With Sony’s continued pursuit of innovation, potential buyers can look forward to an enhanced, personalized, and high-quality entertainment experience uniquely offered by the new Bravia line.

The post Sony set to launch diverse Bravia TV range appeared first on SmallBizTechnology.

The Rights offers an efficient solution for acquiring music issuance clearances, their purpose being to simplify the complex process and thereby increase legal music distribution.

The service was initially tested with big-name music corporations, with the results demonstrating the solution’s effectiveness. The aim of The Rights is to change the music industry by encouraging lawful dissemination of songs and reducing piracy.

The team behind The Rights, specialists in synchronization and licensing, raised their startup capital from various investors, entrepreneurs, and top-tier executives.

Simplifying music clearance with The Rights

Their main goal is to streamline the complex process of obtaining music licensing clearance, clearing the way for artists, producers, and content creators to become legally compliant with ease.

The Rights, in collaboration with blockchain-oriented company Dequency, has developed a platform to answer the increasing need for synch licensing from smaller entities. The platform facilitates large-scale licensing agreements, making them accessible to a wider range of businesses.

Founder and CEO Tres Williams has drawn comparisons between The Rights and production music libraries and one-stop catalogs, highlighting the advantages of The Rights, such as price flexibility, entity approval, and customized terms that protect commercial music’s value.

Williams, President Keatly Haldeman, and Chief Business Officer Scott Marshall have played pivotal roles in The Rights’ development. Their work has resulted in The Rights securing $7.5 million in investor funding from groups like Spyglass Media Group, Endeavor Entertainment, and Algorand.

The Rights has also issued a warning about potential risks from AI-led music generation to the synch licensing sector, noting that it could negatively impact the earnings of musicians and songwriters.

Haldeman finished by saying that there is an industry-wide need to streamline the clearance process, making it easier for both rights holders and licensees. This, he hopes, would foster growth and innovation within the industry as a whole.

The post The Rights simplifies music clearance process appeared first on SmallBizTechnology.

Our profuse apologies for any inconvenience caused due to this oversight. Your contextual input forms the backbone of our work. And without the pertinent information, it impedes our ability to successfully carry out the task at hand.

In the absence of specific content to turn into a very-short news article, we find ourselves in a predicament.

Addressing challenges in news article creation

A clear understanding of your requirements is necessary for us to satisfy your needs, to make matters clear, are you asking us to devise new sentences according to the style highlighted in your original instructions?

Or perhaps, are you seeking assistance in editing an existing piece? The distinction is important in aiding our mission to provide you with the best possible service. Ensure to send us the details of your request. Our mission after all is to create content in a journalistic, digestible, and understandable manner.

As the situation gets resolved, we’ll be eager and prepared to assist you. We look forward to receiving the necessary input to move this task forward. Thank you for your understanding.

The post Assistance needed for news article development appeared first on SmallBizTechnology.

Mosa Meat, guided by Dutch Scientist, Mark Post, remains undeterred despite opposition from US Republicans who oppose lab-engineered meat. The company’s goal is to revolutionize the food industry with its environmentally-friendly alternative to traditional meat. According to them, lab-grown meat could reduce the need for livestock farming and minimise deforestation and greenhouse gas emissions.

The firm garnered €55 million in its latest funding round, showcasing confidence in the company’s vision. The funds procured will boost research, development, as well as improving the scalability and affordability of its products. In the face of adversaries arguing against use of the term “meat” for their product, Mosa Meat stands firm.

Mosa Meat’s steady growth in lab-generated products

Their focus remains on research, development, and regulatory sanctions, with an eye to launch its product in the European market in 2023.

Despite formidable challenges, CEO of Mosa Meat, Maarten Bosch is optimistic. He believes the growing interest in lab-grown meat and seafood within the US is unavoidable. Bosch strongly attests that demand for sustainable and cruelty-free products will drive demand for lab-grown alternatives. He further contends that lab-grown meat will eventually overrule any legislative hurdles, insisting on the promise of reducing global livestock farming burden.

Research indicates considerable reduction in environmental impact, air pollution and land utilization with lab-grown meat. Mosa Meat, inspired by such change, plans taste-tests of its lab-grown burgers in the Netherlands this May. They aim to garner public feedback for further refinement before a wider release.

While the Venture Capital activity experiences a slump, lab-grown meat startups must defy consolidation. Regulatory hurdles remain paramount for companies to debut in the European market as this requires approval from all 27 EU member states. Gaining approval for lab-grown meat in Europe is notoriously tough hence the industry must brace itself for these rigorous demands and prepare accordingly.

The proposed on-device AI systems are designed to operate autonomously, using a large language model software. This eliminates the need for cloud processing, thus enhancing speed and privacy. These AI systems will deliver quick processing speeds, minimize latency problems, and optimize operational efficiency. They also have the potential for quick data processing, paving the way for swift data analysis and decision-making. Despite the promising outlook, this innovative approach also brings potential challenges.

Among the highlighted challenges are the need for reliable cloud infrastructure for more intricate AI formulas.

Apple’s on-device AI: Balancing privacy and efficiency

Additionally, the absence of a robust cloud setup could increase data vulnerability. The necessity to streamline resources could also impact scalability and overall user experience. It also raises concerns about whether older iPhone models will support these new on-device AI functions.

Striking a balance between preserving privacy and maintaining collaborations with entities like Google is another significant challenge Apple faces. Managing this balance is no small feat, given that AI collaborations often require access to user data. Nonetheless, Apple commits to addressing these complexities to deliver dependable and effective AI technology to its consumers.

The global tech community keenly watches Apple’s route to introducing innovative AI capabilities and possibly migrating towards cloud-based AI. Despite potential concerns over data privacy and security, the company’s reputation for innovation signals an exciting journey ahead. As Apple ventures into this new space, all eyes will be on how they blend technological progress with affirming user privacy and trust.

The post Apple to launch on-device AI prioritizing privacy appeared first on SmallBizTechnology.

Today, smartphones typically come equipped with NFC hardware, which has recently started supporting restricted wireless charging abilities. In line with this, the ‘NfcCharging’ feature has been found in the Android 15’s source code, indicating the possibility of NFC charging. This is a big step for Android users as it implies the potential to charge other NFC-compatible devices wirelessly.

But, there is no official confirmation yet as NFC charging is still not added to the public Android Open Source Project (AOSP). Regardless of the technology’s existence, it isn’t publically accessible through Android’s open-source platform. Experts suggest that there may be technical or legal limitations that may delay its roll-out. Google, the AOSP’s chief patron, has not yet addressed this development.

Despite Google’s keen interest in NFC-based charging technology, its maximum power output is capped at 1W, far lower than even the slowest Qi chargers.

Exploring NFC wireless charging in Android 15

This significant drawback may obstruct its mainstream acceptance despite its potential conveniences.

The speculated use of the NFC charging feature includes charging small gadgets and accessories. It could potentially improve the user experience of various tech gadgets, like wireless earbuds and smartwatches, amongst others. Furthermore, it could revolutionize their functionality, making them more convenient to use and better-performing. Charging on the go could become a reality and erase the need for multiple charging cables, leading to an improvement in battery life spans.

Whilst it’s currently speculative how Android’s NFC charging support will materialize, this development signifies an immense stride in smartphone technology. NFC charging support could enhance the user experience, creating more versatile interactions with the device. If executed effectively, this innovation has the potential to boost device efficiency and convenience. With the continuous advancement in technology, Android 15 is envisioned to incorporate more forward-driven features, promising a bright future for Android users.

The post Android 15 potentially introducing NFC wireless charging appeared first on SmallBizTechnology.

This new policy may prompt a boost in the number of ads that appear in videos, and possibly instigate ad fatigue amongst users. As a result, advertisers are faced with the challenge of devising new ad strategies to seamlessly integrate their campaigns into videos.

Viewing practices, too, may be on the brink of change as more users may opt for YouTube’s Premium subscription service that promises an ad-free experience. This development could also affect record labels and musical artists that heavily rely on YouTube’s ad revenue.

Despite the upheaval, YouTube’s hard stance on third-party applications bypassing its ad policies is clear. Protecting the income of its creators and maintaining fairness on the platform are its topmost priorities. The stricter policies will hit mobile ad blockers the hardest, causing possible disruptions in viewing experiences.

To counter the blockers’ impact on revenue, YouTube is coming down harshly on the use of mobile ad blockers.

YouTube toughens stand against ad blockers

This strategy aims to balance uninhibited viewing for users with visibility for marketers.

Users need to understand the crucial role ads play in sustaining free, high-quality content, and learn to either adjust or disable their ad-blocker functionalities. Alternatively, users can opt for YouTube Premium, an ad-free version of the platform.

Expected pushback from longtime users notwithstanding, YouTube remains resolute in its commitment to supporting creators through a subscription-based revenue model. YouTube’s decision, while displeasing to some, bolsters its determination to provide a commercially viable solution for all involved parties.

The change in YouTube’s policy illustrates its dedication to its content creators, intending to ensure they receive compensation for their contributions. YouTube urges users to consider that paid subscriptions directly support both the platform and its creators.

Other companies in the tech industry have significant developments. Ikea moves into gaming with new furniture, and Sony plans to launch the PS5 Pro. Tesla considers reducing its workforce, and Disney may release always-on channels for Disney Plus. Lastly, the AI tool, Limitless, promises to enhance the efficiency of work-life balance.

The post YouTube enforces stricter policies against ad blockers appeared first on SmallBizTechnology.

Featuring a brave yet sophisticated design, the DB12 Volante masterfully melds Aston Martin’s timeless charm with modern style cues, highlighted by a streamlined profile, a striking grill, and cutting-edge headlamps.

The DB12 Volante’s interior echoes a similar ethos of luxury, demonstrating extreme attention to detail, finest-grade craftsmanship, and user-friendly technology, all conceived with the driver’s convenience and enjoyment as a priority.

Besides its charming aesthetics, the DB12 Volante emphasizes on performance, delivering a thrilling driving experience courtesy of its 671bhp engine whilst maintaining composure and command even at higher speeds.

One of DB12 Volante’s most delightful attributes is its convertible feature, adding an incomparable sense of freedom and excitement to the driving experience that hooks a diverse demographic of car enthusiasts.

While ‘the world’s most beautiful car’ might be a subjective title, it’s hard to refute that the DB12 Volante, with its blend of brawn, premium craftsmanship, and sumptuous luxury, presents a solid argument for itself.

On the safety front, the DB12 Volante employs a sturdy aluminium build and is equipped with safety features such as airbags, traction control, and a stability control system—assuring drivers with serenity.

Significantly, with the help of its potent exhaust system, the DB12 Volante delivers a distinctive audio experience for the driver and passenger to relish the car’s performance in full measure.

The DB12 Volante is a dream ride for those wanting an unparalleled driving experience, as it deftly combines technical mastery with aesthetic allure.

To sum it up, Aston Martin’s DB12 Volante is a gorgeous, powerful, and meticulously crafted luxury vehicle that promises a memorable driving experience.

DB12 Volante: blending power and luxury

Its distinctive qualities and impressive attributes truly place it in a league of its own.

The post Aston Martin DB12 Volante charms with potent elegance appeared first on SmallBizTechnology.

This strategic move is expected to not only enhance Apple’s market position but also redefine industry standards. With in-device AI processing, users could experience faster, seamless operations without the need for continuous internet connectivity. Moreover, this approach is set to significantly improve user privacy, making it a potential game-changer for the tech industry.

Apple’s new roadmap seems to highlight a move away from conventional AI structures, like Google’s Gemini, suggesting that the company aims to create a highly self-sufficient AI ecosystem within each device.

Apple’s shift towards device-based AI

iOS 18, the upcoming operating system, is expected to carry forward this vision.

Industry experts believe that iOS 18 could feature Apple’s proprietary cloud-based generative AI features, which could bring dramatic improvements to various Apple applications such as Siri, Apple Music, and others. Anticipated enhancements also include predictive multi-tasking, seamless handoff between iOS devices, and updates to the CarPlay system.

However, this shift towards AI dominance also raises ethical considerations, particularly in regards to data privacy and human originality. Despite these concerns, Apple’s commitment to integrating AI underlines its understanding of AI as the future of the tech sector.

The upcoming Worldwide Developers Conference will mark the unveiling of iOS 18, where attendees will get an exclusive look at the future of Apple’s AI technology. Despite potential challenges, the move is promising and rings in a new era of technological innovation with AI at the forefront.

The post Apple to emphasize device-based AI in new shift appeared first on SmallBizTechnology.

The event attracted enthusiasts globally, underscoring Google Cloud’s growing influence in the tech arena and commitment to spearheading revolutionary technologies. The introduction of Generative AI and Gemini stands as a testament to Google Cloud’s determination to transform user-productivity and the broader digital landscape.

With numerous demonstrations and presentations at the Developer and Opening Keynotes, Google Cloud affirmed its dominance in the cloud interfaces field. They showcased tools to streamline workflows, optimise data management, and revolutionise machine learning, hinting at the universality of their approach to cloud technology.

However, criticisms were raised concerning Google’s reliance on their own ecosystem for their demos, which potentially downgrades the rich data resources held by external companies. Discussions on equitable data resource sharing have become a necessary to-do in light of these observations.

Despite the criticisms, Google Cloud continued to pique interest by focusing on avant-garde innovations. A standout was the sales bot transaction demo, a direct transaction with the vendor without the need for a website. While some apprehend the impact of the new model on independent e-commerce platforms, others consider it a revolutionary development that can significantly streamline online transactions.

Generative AI technology holds remarkable potential across multiple sectors. Its proficiency in handling vast content quantities for querying and coding, and log data analysis for troubleshooting is highly regarded. Google reinforced this by introducing specialised agents designed to support professionals across healthcare, education, logistics, and the creative arts fields in utilising generative AI in their operations.

The practical application of Google’s models and AI tools presents notable challenges due to inherent complexities and organisation-specific limitations.

Unleashing Google Cloud’s Generative AI and Gemini

Bearing in mind previous technology adoption experiences, it’s necessary to consider the potential implications these models and tools could have on existing workflows and operations. Risk mitigation strategies should be in place to leverage advantages and achieve sustainable growth and transformation.

Furthermore, the importance of periods for testing and optimisation cannot be overemphasised; they ensure smooth integration, reduce errors, and pinpoint areas for improvement. Accurate forecasting for resource allocation becomes essential to address any exigencies.

The necessity of cultivating a culture of continuous learning and adaptation is evident. Changes brought by these technologies are inescapable and often precipitous. A versatile and inquisitive workforce is essential for successfully navigating the complexities these advancements bring.

The CEO of Egnyte, Vineet Jain, adds that companies having transitioned significantly to the cloud are more likely to incorporate generative AI, while slower transitioning companies may face hurdles. Regardless of a company’s pace of transition to the cloud, Jain advises learning and enhancing digital capabilities for a successful journey.

To conclude, a meticulous approach to planning and execution is needed to minimise risks of disruption when integrating new technologies. Robust security protocols are a must-have for managing and storing data on the cloud. Jain emphasises that a patient and carefully strategised approach to digital transformation can significantly bolster a company’s competitive edge and foster growth.

The post Google Cloud unveils Generative AI and Gemini appeared first on SmallBizTechnology.

The 2nd Generation AirPods feature excellent sound quality and a robust battery life, cementing them as a suitable choice for people who are constantly on the go. These earbuds are designed with optional wireless charging cases, providing utility and convenience for users.

However, stock is likely to deplete quickly due to high demand, and this price reduction is only available for a limited time. It’s a great opportunity for those seeking high-quality earbuds, or for anyone looking for the perfect gift for music lovers.

Additional offers or bundle packages may be available on the retail platform complementing this deal. It’s recommended that potential buyers review the product’s features to ensure they meet their specific audio requirements before making a purchase.

The 2nd Generation Apple AirPods are renowned for their six-hour playtime on a full charge and carry Apple’s Sweat and Water Protection assurance.

Significant price reduction for 2nd Gen AirPods

They offer iPhone and iPad compatibility, coupled with Apple’s advanced H1 chip for a faster wireless connection.

Features like hands-free “Hey Siri” operation and high-quality sound deliver crystal clear audio, and its comfort-fit design makes it an excellent daily accessory. These AirPods come with an impressive case that provides over 24 hours of total listening time, and its portability is a plus for people constantly on the move.

The 2nd generation Apple AirPods are popular due to their advanced features including effortless connectivity and device pairing, device switching ease, “Hey Siri” function, and their integrated H1 chip. They offer rich acoustic quality and smart sensor technology, which automatically play music when worn and pause it when removed, making them a top choice for sound enthusiasts.

The discounted price of these Apple AirPods is likely to be temporary due to their enormous popularity. Customers are advised to act promptly due to high demand, limited stock, and the short-lived nature of this deal.

The author, P.J. McCormick is a Commerce Deals Writer/Reporter known for tracking significant deals on valuable items. Though McCormick consistently provides accurate reports, the prices presented in his articles may vary due to market conditions, so readers are advised to verify current prices before making a purchase.

The post Major price drop for Apple’s 2nd Gen AirPods appeared first on SmallBizTechnology.

The new spyware threat compromises data privacy, posing a considerable risk to user information. Such technological threats are increasingly common in our online-dependent society,banking, and personal communication systems. The need for enhanced cybersecurity mechanisms is being highlighted, given the growing reliance on digital systems. It is crucial to implement robust security measures to protect data integrity from these emerging threats.

Apple’s engineering team is actively working on an update to counteract this spyware threat.

Apple’s global response to spyware surge

The company strongly recommends its global iPhone users to install device updates promptly as they are released, as this step will ensure the highest possible protection against the cybersecurity issue.

As an industry leader, Apple prioritizes user safety. They are making efforts to reassure users of their safety while using their devices, hence the frequent system updates equipped with the latest security features to protect personal data. Apple further emphasizes the need for strong, unique passwords to guard against unauthorized access.

Apple is committed to maintaining user safety. State-of-the-art encryption technologies have been developed to secure personal data like emails, messages, and photos. Regular updates on the issue will be available, with Apple advocating for software updates, enhanced security settings, and two-factor authentication to boost safety efforts.

Apple’s primary concern is ensuring user confidence in the security of their personal data, with robust measures to prevent cyber threats. Through fostering a secure digital environment built on trust and transparency, Apple continues to set a high standard in prioritizing user privacy and digital security.

The post Apple alerts users globally of spyware attack surge appeared first on SmallBizTechnology.

In 2012, when venture capitalist Gili Raanan endorsed Assaf Rappaport’s startup, Adallom, he had no idea that the enterprise would later be sold for $320 million.

Indeed, in 2015, Microsoft acquired Adallom and rebranded it as Cloud App Security, an essential element in Microsoft’s comprehensive security platform.

This acquisition signaled the market’s increasing awareness of the dire need for cloud security tools.

Rappaport, together with co-founders Ami Luttwak and Roy Reznik, capitalized on Raanan’s mentorship and the strong support from his investment firm, Sequoia Capital.

After guiding their venture to remarkable heights, Rappaport assumed an executive position at Microsoft, steering its successful cybersecurity operation.

Fast forward to today; Rappaport is heading Wiz, a notable entity in the cloud security realm, actively exploring expansion possibilities, potentially through mergers and acquisitions.

Recently, Wiz took over Rafft, a developer-centric cloud platform, and subsequently made a more substantial acquisition of Gem Security, a company specialized in cloud detection and response.

This strategic acquisition not only fortifies Wiz’s status in the cybersecurity landscape but also equips it better to provide inclusive cloud security solutions to its customers.

Founded in 2020, Wiz is headquartered in New York and, so far, has attracted about $900 million from financial supporters.

The overwhelming backing from a diverse group of investors has skyrocketed the company’s estimated value to an impressive $10 billion.

Rappaport and Arie Zilberstein, CEO and Co-founder of Gem Security, share a similar background in the cybersecurity sector, having both served with the cyber division of the Israeli Defense Forces, Unit 8200.

Moreover, both have been at the helm of successful startups that eventually got acquired.

Their combined experience has been essential in driving the success of Gem Security.

During the acquisition, Zilberstein praised Rappaport’s extensive experience and perceived it as a critical component in fostering solid trust between them, leading to a successful deal.

Zilberstein also expressed great optimism about the untapped potential that their partnership promises.

The post Microsoft’s Adallom founder spearheads Wiz’s strategic acquisitions appeared first on SmallBizTechnology.

Onum has developed a smart system that enhances organizations’ control over their data. It provides real-time data management and minimizes data sent to analytics tools, effectively reducing the risk of data leakage. This translates into better data privacy for organizations. By offering accessible, actionable data insights, Onum empowers decision-makers to make data-driven decisions for optimal business results.

The company’s user-friendly product offers key benefits such as improved data management, data reduction, and data enrichment. It separates valuable data from daily operational data, leading to reduced storage and analysis costs.

Boosting Onum’s growth with $28 million funding

Onum’s state-of-the-art platform allows for automated data processing, freeing up resources for higher-priority tasks.

Additionally, Onum’s solid security measures help protect sensitive business data from potential threats—a crucial aspect for organizations operating in data-rich environments. The platform is scalable and works well for both small startups and large corporations, giving all companies a chance to leverage their data for market advantage.

Onum’s platform also utilises AI to monitor data flow, swiftly identifying valuable business insights. It is fully compatible with any data analytics tool and storage platforms, enabling real-time data capture, processing and analysis. The platform’s advanced data encryption further secures sensitive information from potential threats. Its intuitive interface makes it practical for businesses of various sizes and sectors regardless of technical expertise.

The company has the capacity to source data from varied inputs and formats, extracting the useful information and making it accessible. Onum’s use of cutting-edge technology for in-depth analysis seeks to enhance businesses’ decision-making processes and overall performance. Strong data security measures ensure the confidentiality of all processed information.

Onum co-founder and CEO, Pedro Castillo, is confident that the new funding will bolster the company’s global growth, increase R&D, and satisfy customer demands. Dawn Capital partner Henry Mason also speaks highly of Onum’s capabilities and how they advance their market offerings.

The post Big data firm Onum raises $28 million in first funding appeared first on SmallBizTechnology.

The selection will be made by a jury comprising tech experts, investors, and industry insiders assessing novelty, feasibility, and potential societal impact. These selected startups will present their solutions at Viva Technology, potentially leading to valuable business and investment opportunities.

Being a finalist in this competition already signifies success, reflecting the thriving spirit of startup innovation. The Innovation Award emphasises the importance of technological breakthroughs and their role in shaping our future. The industry looks forward to the winner’s announcement and glimpsing the startups’ cutting-edge solutions at Viva Technology.

Established in 2016, The Innovation Award has proven instrumental in promoting innovation and growth through collaborations between startups and major corporations.

Announcing diverse finalists for Innovation Award

The competition received a remarkable 1,545 submissions from 89 countries, with 44% of the shortlisted startups owned or co-founded by women, showing a positive shift towards gender equality in the startup landscape.

Six field’s finalists were chosen: Omnichannel & Retail, Image & Media for Brand Desirability, Immersive Digital Experiences, Employee Experience, Diversity & Inclusion, Operations Excellence, and Sustainability & Greentech. This diverse selection emphasises the unique contributions and innovations of the entrants. These finalists will now be further evaluated, determining the winner in each category.

These startups will participate in a business acceleration initiative, gaining access to guidance, support, and connections with industry veterans. This paves the way for potential partnerships with different companies. This level of support empowers the startups to face challenges and fosters their development, encouraging their entrepreneurial journey.

The awards ceremony, set for May 23 at VivaTech, will announce a winner in each category, and a distinctive accolade for the highest innovation in data, AI, and generative AI. The grand finale will be the unveiling of the Innovation Award 2024’s overall winner – a fitting recognition of tech-advancement excellence and innovation.

The post Innovation Award announces diverse finalists appeared first on SmallBizTechnology.

Nvelop was founded in 2022 by David Liu, Ph.D., and Keith Joung, M.D., Ph.D. The company’s unique delivery technology aids in the introduction of gene-editing tools into cells, while aimed to ensure precision and effectiveness.

The company not only develops new treatments but also offers its technology to industry partners. This collaboration provides a much-needed boost for quicker and more efficient drug delivery and signifies Nvelop’s ambition to drive the future of medicine.

Nvelop’s approach is rooted in the use of engineered virus-like particles (eVLPs) filled with gene-editing components. The emphasis is on reducing risks, increasing specificity, and improving carrying capacity, thus solidifying Nvelop’s position in gene-editing technology innovation.

The company has secured seed funding of $100 million and is currently focused on validating its platforms and planning for the clinic.

Nvelop’s precision-focused gene-editing delivery

The strategy involves unveiling new data at scientific conferences and engaging industry veterans to advance their work.

In addition, Nvelop presents their research findings at various global scientific symposiums. This strategy allows them to garner valuable inputs and stay updated with industry developments. These efforts are crucial for their drive towards clinical testing.

Nvelop aims to enhance efficiency and safety standards in gene-editing technology. Their methodology, focusing on precision and accuracy, ascertains safer gene editing in the future.

The company’s vision of a future where gene-editing is more exact, safer, and controlled could revolutionize current practices and make gene-editing procedures more secure.

Lastly, Nvelop’s impact extends beyond genetic science. By making gene-editing safer and more reliable, they aspire to contribute to public health and medicine and shape transformative developments in genetic therapy.

The post Nvelop pioneers precise, safe gene-editing delivery appeared first on SmallBizTechnology.

The investment is contingent on Abceutics Inc. meeting certain performance objectives and is seen as a strategic endeavor by Merck to boost its portfolio in the realm of cancer research and treatment.

Merck’s interest in Abceutics Inc. is due to their pioneering work on payload-binding selectivity enhancers (PBSEs), which may hold the key to neutralizing harmful payloads in cancer cells, reducing harm caused to healthy issue.

Merck’s strategic investment in Abceutics

The potential value in introducing these specialized molecules into Merck’s existing treatments is seen as a significant step forward.

David Weinstock, VP of Oncology Discovery at Merck, has expressed great optimism for the prospective collaboration, underlining the potential impact of this innovative therapeutic approach on current cancer treatment strategies. He admires the significant progress made by Abceutics and is confident in the potential synergy of incorporating Abceutics’ ground-breaking work with Merck’s robust standing in Oncology treatment.

The primary objective of Abceutics Inc.’s research is the development and optimization of antibody-drug conjugates (ADCs), which, in synergy with PBSEs, holds promise for an improved selectivity and efficacy of ADC therapy, with fewer side effects. This pharmaceutical innovation could bring forth a significant change in patient outcomes by minimizing detrimental side effects frequently associated with cancer treatment.

Co-founder of Abceutics, Brandon Bordeau, expressed immense pride in their work and is certain of Merck’s capability to continue their progress. “This is a significant milestone for us, and we’re thrilled with Merck’s commitment to furthering our collective efforts in the field,” commented Bordeau at a recent press conference.

The post Merck to invest in cancer research firm Abceutics appeared first on SmallBizTechnology.

The situation has met the eyes of high-profile observers, including government officials such as President Joe Biden. As a smaller entity, AliveCor represents not just itself, but all businesses facing the challenge of competing with larger corporations. The outcome of this battle could potentially set precedents for future similar situations, affecting the broader industry’s future.

The dispute kickstarted when AliveCor introduced KardiaBand in 2016, the first FDA-cleared ECG wearable of medical-grade. Compatibility issues surfaced when a similar product was unveiled by the tech giant two years later, sparking nearby patent infringement.

AliveCor’s legal battle over mobile ECG patent

The ongoing battle leads to considerable uncertainty, affecting users who rely on such innovative devices.

AliveCor argues with patents, scientific proof, and additional evidence against attempts to dismiss the allegations. Despite costly legal hindrances, the complaint reached the International Trade Commission (ITC), ruling the tech giant infringed upon AliveCor’s rights; hence, an import ban on the offending devices in the U.S. Not only has the ruling highlighted the importance of respecting intellectual property rights, but it also set a precedent for future legal disputes among tech companies.

Nevertheless, the corporation strives to reverse the ban and influence the ITC, including efforts to prevent patent owners from filing complaints with the commission. Even though they were unsuccessful in undermining AliveCor’s patent rights at the Patent Trial and Appeal Board (PTAB) of the US Patent and Trademark Office, attempts continue.

Abani worries that such infringements might stifle innovation and threaten the health tech industry’s stability. She emphasizes that regulations guarding companies of all sizes are in place, particularly critical to reassure investors and small business heads. Despite seeing an imbalance in their legal conflict, Abani remains hopeful for fairness and holds expectations for Congress to resist company manipulation. Ultimately, she stresses this isn’t solely about the survival of small businesses but also the future of innovation in healthcare. In her view, this transcends a single legal battle and speaks to the broader context of ensuring a fair and balanced tech industry landscape.

The post AliveCor defends mobile ECG tech in high-profile patent dispute appeared first on SmallBizTechnology.

The renewed Vultur has proven to be more destructive, initiating unauthorized screen recordings to capture sensitive user data. The Trojan is now capable of corrupting apps directly from the Google Play Store, prompting specialists to urge users to maintain vigilance and prioritize the installation of trusted security software.

Vultur represents a rising trend in cybercrimes. According to the NCC Group, it has changed its infiltration techniques to trick victims through texts and phone calls. Once infiltrated, cyber attackers target the user’s funds by luring them into providing sensitive data, like banking details. This data is then used to carry out illegal transactions.

The Trojan can also steal funds directly from the infected device, gaining access to payment and banking apps present on the user’s device. As these attacks become increasingly sophisticated, user awareness and vigilance become more critical than ever.

Recently, potential victims are being contacted via a fraudulent text posing as unauthorized bank transactions.

Understanding Vultur Trojan’s threat to Android apps

Unsuspecting victims are instructed to download a supposed security app called McAfee, which contains the Vultur banking Trojan. This malicious software gains access to their banking details and personal information, leaving them vulnerable to financial loss and identity theft.

The counterfeit McAfee app houses the Brunhilda dropper, a harmful component hidden in seemingly legitimate apps. This serves as a conduit for the Vultur Trojan leading to attackers gaining full control over the compromised Android device. The impact of this Trojan extends to financial repercussions from stolen bank details and other valuable pieces of information.

The evolved Vultur Trojan signifies a significant increase in cybercriminal activities. Once installed, it grants attackers full device control and is highly effective in obtaining sensitive data such as credit card numbers and usernames. To prevent its destructive effects, updating antivirus software and safeguarding personal information is critical.

Android users are advised to inspect unexpected bank transaction alerts carefully and confirm their authenticity with their bank. Other precautions include avoiding app sideloading, being cautious with app permissions, and minimizing installed apps to reduce potential exposure to harmful software. Urge end-users to act diligently to safeguard against Vultur malware.

The post Vultur Trojan heightens Android app security risks appeared first on SmallBizTechnology.

It unfolds superior features such as scene bookmarking, curated video recommendations, and effective reduction of background noise. Visual streaming takes an evolutionary leap with Supercut, making the user experience more intuitive and multi-screen friendly.

Supercut devises a smart solution to a notable gap in the industry, particularly in light of the revelation that Netflix does not support a native Vision Pro app. It caters specifically to Apple’s headset, and effortlessly does away with the common issue of letterboxing bars in videos.

Offering distinctive features like 4K streaming with Dolby Atmos and Dolby Vision, Supercut takes user control and customization to a new level.

Enhancing streaming experience with Supercut

It empowers users to manage subtitles, audio output, playback speed, and fast forward or rewind content. The user-friendly interface and flexible settings offer a more personalized experience, ensuring maximum sound quality and an ability to watch content at a pace that suits the viewer.

Currently, Supercut only supports the VisionOS system but has plans to upgrade to more immersive environments. The upcoming Version 1.2 release is set to incorporate a feature similar to the exclusive Cinema environment found in the Apple TV Plus app.

Apart from Netflix and Amazon Prime, Supercut now extends its services to YouTube and other streaming platforms by simply inputting the relevant URL, making it a versatile tool for your streaming needs. Among other benefits, it solves the letterboxing issue found in Amazon Prime Video when streamed on a Safari window.

With a nominal one-time payment of $4.99, Supercut provides an appealing choice for streaming Netflix on the Vision Pro. Despite a relatively short testing period, the app’s promising features hint at a revolutionary future for video streaming on Apple’s headset platform.

The post Supercut enhances viewing on popular streaming platforms appeared first on SmallBizTechnology.

By introducing these significant improvements, Google envisions Gemini Pro to increase productivity and simplify the task of app development for Android developers. Google’s ultimate aim is to make Gemini Pro the go-to tool for Android app development, making continuous improvements to ensure it stays ahead in the race of innovation.

Gemini, known globally for its compatibility, is integrated with over 180 versions of the Android Studio software. This ensures a wide user base for Gemini, reinforcing its importance in Android development. Its adaptability and integration with various versions of Android Studio, including the Jellyfish version, highlight its versatility and extend its reach within the Android ecosystem.

A significant February update from Google included key enhancements to the basic model of the software. The enhancements aim at increasing functionality and providing a streamlined user experience. Google’s commitment to product improvement and user satisfaction is evident in the update which focussed on stability improvements and fixing known issues.

Gemini Pro successfully operates within the Integrated Development Environment (IDE) and provides crucial assistance to developers in addressing coding-related queries.

Enhanced Android development with upgraded Gemini Pro

It fosters understanding and improves problem-solving skills, making it possible for developers to produce more efficient codes.

To use Gemini Pro, developers need to log in and enable Gemini. Once enabled, Gemini can provide insights that streamline the coding process and improve work efficiency. It aids in reducing time spent on troubleshooting and lets developers focus on creating innovative technologies and applications. Plus, privacy measures associated with Gemini ensures user activity remains secure.

Developers now have the capability to add AI-based features to their apps through Gemini. This strategic move is Google’s bid to gain an edge in the developer tools market. Gemini uniquely answers to various programming and Google Cloud Services-related queries, offering a new value proposition.

The post Google upgrades Gemini Pro for enhanced Android development appeared first on SmallBizTechnology.

Usually, Android Auto directs voice commands for navigation via Google Assistant either to the user’s chosen app or to the most recently used one. This same functionality is emulated in Apple CarPlay through Siri. These features have allowed for a safer driving experience, as they minimize distractions and improve the car’s infotainment system’s overall utility.

The current malfunction, which has persisted for over a week, has reportedly forced all navigation commands to reroute to a single app, despite the user’s preference for other options like Waze.

Android Auto glitch affects user navigation

Multiple unsuccessful attempts at troubleshooting, as well as firmware updates, have not yet resolved the glitch. There is still uncertainty about when a permanent fix will be in place.

The key problem appears to lie in the system disregarding a user’s preferred navigation app on Android Auto, especially problematic for those favoring apps like Waze over the default. This error has resulted in considerable inconvenience and dissatisfaction among Android Auto users. While some customers have found a temporary solution in disabling the default navigation app on their smartphones, it is suggested that alternative navigation applications be used until a permanent fix is established.

There are signs that a repair is being gradually rolled out, and it appears that next week may see the launch of an updated version addressing this issue. Meanwhile, users are encouraged to keep an eye on the app’s official website or customer service channels for updates, and to always have a backup navigation app on hand as a precaution.

Google app version 15.13.46.28 seems to resolve the problem, according to feedback from users. This version reportedly restores the original functionality, allowing users to resume the use of their preferred navigation apps through voice commands. Google appreciates users sharing their experiences, to confirm that the problem is universally resolved and to aid in continuous service improvements.

The post Persistent Android Auto glitch disrupts user navigation appeared first on SmallBizTechnology.

First introduced in Android 10, the Desktop mode was initially designed as a tool for developers. Over time, updates have made it increasingly user-friendly. Nowadays, it helps many users to use their Android device in a desktop-like manner, optimizing productivity. Further improvements to Desktop mode’s integration with Google services and applications have taken its functionality to the next level.

The evolution of the Desktop mode by Google is evident, with noteworthy features like the side-by-side mode that permits two applications to display together.

Enhancing Android desktop mode in future update

With its ‘freeform multi-window’ experience, Android devices can now run multiple applications at once. Google continues to innovate, enhancing resizable window flexibility and refining the user interface. Running two applications side-by-side, although with a few limitations, greatly increases productivity and workflow automation.

Google maintains a high standard for the Android desktop experience, making significant changes as necessary. Notable recent upgrades include a new title bar and menu for full-screen applications, ‘snap to edge’ function and unrestricted window manipulation and resizing.

Despite the many advancements, there are areas where Android Desktop Mode still needs improvement. Window positioning options and keyboard shortcuts for snapping, along with a better developed desktop launcher, are hoped to be incorporated into Android 15, possibly as part of the Pixel 9 experience.

The recent display output enabling on the Pixel 8 series shows Google’s renewed interest in Android Desktop mode. Potential upgrades, such as an integrated desktop mode on more Android tablets, could greatly enhance user experiences and productivity, making it more competitive with other platforms. Anticipated future developments signal a more versatile tech landscape, with Google leading the way with innovative strategies.

The post Google enhances Android desktop mode in upcoming update appeared first on SmallBizTechnology.

Moreover, the rationale behind these restrictions hasn’t been articulated by Microsoft leading to abundant speculative chat in the tech community. Despite potential user criticism for this decision, Microsoft firmly believes it is integral for enhancing overall user experience. They posit that a consistent user interface could minimize confusion and improve usability.

The company urges users to retain an open mind and test the new changes before forming definitive opinions. Even as Microsoft acknowledges the potential disagreements, they promise to address arising issues and genuinely consider user feedback.

Apps allowing interface customizations like StartAllBack and ExplorerPatcher may face operational issues due to potential Windows 11 security or performance enhancements.

Microsoft’s new interface restrictions: developer outcry

Subsequent updates from Windows 11 might hinder the functionality of these apps. This continuous drive for increased security and performance may affect these personalization tool functionality.

Interestingly, the restrictions aren’t foolproof and can be sidestepped by merely renaming the application’s executable file. Yet, this workaround could restore the vulnerability of the software. Consequently, developers and the tech community argue for more robust, comprehensive security measures.

Microsoft could smooth the transition to Windows 11 by offering a Windows 10-styled interface option. This could lower third-party app dependencies and aid users in comfortably adjusting to the new system while enjoying updated features. Such a move could potentially surge the acceptance and adoption of Windows 11.

As the launch of the updated Windows 11 version is yet to occur, uncertainty shrouds these restrictions. This ambiguity could complicate a smooth transition for users to the new version of Windows 11.

The post Microsoft’s interface restrictions spark developer concerns appeared first on SmallBizTechnology.

Pioneering this shift, Apple embodies adaptability, heeding the dynamic and evolving demands of contemporary technology. Despite this, developers are encouraged to respect legal norms as illicit use of copyrighted game content persists.

The new introductions to the guidelines endorse applications mirroring the vintage game consoles. With these, users are furnished with the liberty to experience games of the past, painting a trailblazing picture for the future of gaming.

The prior guidelines held a stringent stance towards emulator software, compelling developers to seek alternative approaches. This raised numerous security concerns and jeopardized user safety.

Apple integrates game emulators into App Store

Still, recent amendments hint at a potential switch in Apple’s posture.

The introduction of a section permitting streaming game services in the App Store review guidelines seems to mark a turn in tide. This alteration might pave the way for a more legitimate, safe and future-proof avenue for emulator software, minimizing the exposure of iOS users to potential security threats.

The unfolding of this new policy could also spontaneously catalyze a shift of Android emulators to the iOS platform, streamlining the process and the user experience. Nevertheless, it is important to note that the developers retain the onus for all software material within their apps.

Despite sanctioning emulators, illicit games continue to be unacceptable. Users hankering for classic console games might have to exercise patience until game console companies unveil official emulators.

The decision appears to be a response to the EU’s Digital Markets Act regulation discouraging anti-competitive activities. However, its implications are not confined to the European borders. It signals a significant worldwide shift affecting app developers at large.

The post Apple alters guidelines, allows game emulators in App Store appeared first on SmallBizTechnology.

Such a move could significantly broaden gaming scopes available to Apple’s users, pulling in those gamers with a fondness for retro games. Consequently, this may open up Apple’s demographic reach within the gaming market. Considering this, the effects of this innovative shift on the gaming community and Apple’s industry stance will undoubtedly be fascinating to watch.

For gaming aficionados, this move might hint at iPhones becoming plausible rivals to portable gaming hardware like Nintendo Switch and Steam Deck. The integration of high-standard games, coupled with an impressive scope for customization, could position Apple devices as serious alternatives to traditional handheld consoles.

However, the mechanics of how emulators will function on iPhones are still under wraps.

Emulators herald new era for App Store

Despite the uncertainties, this strategic move could elevate Apple’s competitiveness within the mobile gaming industry. Although integrating emulators may enhance the gaming experience by providing access to a wider array of games, it’s important to preserve the integrity of Apple’s App Store ecosystem.

Even as iPhones might fall short in aspects like tangible buttons for gaming, third-party controllers like Razer Kishi and Backbone One might bridge this gap. Equipped with standard gamepad buttons and analog joysticks, these accessories transform your device into a handheld console, leading to a more engaging gaming experience.

However, the expenses and evolving design of newer iPhone models might pose challenges for customers with older models, especially in terms of third-party controller compatibility. A universal design approach could provide a more affordable, inclusive solution for all iPhone users.

Overall, Apple’s potential move might rewrite the narrative of mobile gaming. It could lead to a surge in the market for third-party controllers and usher in a new era in the gaming sphere. This step may also provide smaller companies with a platform to grow in a market dominated by larger players

The post Apple plans to introduce emulators to App Store appeared first on SmallBizTechnology.

Latest updates to Android 14 QPR3 2.1 beta build hint at some exciting enhancements to the desktop mode. For instance, a minimal title bar menu appears when a full-screen app is pressed from the top, providing options for full screen, split-screen, or freeform modes.

Other notable improvements include the ‘snap to edge’ function which allows full-screen apps to be converted into a freeform window. The Quick Settings tray has been repositioned to quickly access frequently used features.

Enhancing multitasking in Android’s desktop mode

Users can customize this tray by adding or removing tiles, offering a more personalized experience.

New additions also include the Notification History storing missed and dismissed alerts, making it easier to track notifications. Furthermore, there is a new universal search option allowing users to easily find anything on their device.

Despite these enhancements, certain functionalities like window positioning, keyboard snapping shortcuts, and desktop launcher are yet to be included and are expected in upcoming updates. With a recent launch of display output for Google’s Pixel range, expectations are high for an improved user experience in future Pixel devices, scheduled for release this Fall.

However, uncertainties persist regarding device compatibility with the upcoming update, as it is unclear whether it will extend to all phones or be limited to Pixels or Samsung devices. Google has assured that the list of compatible devices are being finalized, and further details will be announced soon.

Furthermore, Android is expanding its game support with Developer Preview 2 allowing games to exceed the 60fps limit. Epic Games Store is expected to be available on iOS and Android later this year. Developer Preview 2 is also supporting satellite messaging. Moreover, YouTube TV is extending its Multiview on iOS devices, expecting a similar launch for Android soon.

The post Android updates desktop mode with multi-tasking enhancements appeared first on SmallBizTechnology.

Keeper

Fears are growing based on Apple’s previous pattern of prematurely ending updates for older models. Thus, users are increasingly worried about potential compatibility issues and the possible obsolescence of their devices.

Apple faced backlash in 2017 for marketing the Apple Watch Series 3 without providing the promised watchOS update. However, the company has been working hard to prevent such situations from recurring, making a real effort to keep all promised updates on schedule. As a sign of this dedication, they’re also improving communication channels with customers.

Rumors indicate that the upcoming watchOS release might not support the Apple Watch Series 4. This suggests that the latest features of watchOS 11 might be restricted to the Apple Watch Series 5 and newer models. This could potentially raise security concerns, since new operating system updates typically include essential security patches.

Uncertainty over future updates for Series 4 Apple watch

Despite using the same processors, Apple doesn’t consider the Series 4 and 5 chips equivalent. This discrepancy prompts theories that Series 4 models might be purposely overlooked in the upcoming update, but there’s no firm proof. The situation may be interpreted as Apple’s attempt to phase out the older Series 4 models or simply a strategic focus on the latest releases.

The current pattern of Apple Watch 1, 2, and 3 stopping updates at watchOS version 4, 6, and 8 respectively suggests that Apple Watch Series 4 might not receive updates beyond watchOS 10. A formal announcement is anticipated at the June 10 WWDC 2024 event. Apple Watch Series 5 models and newer are projected to continue receiving software updates due to their superior hardware capabilities.

Despite potential update restrictions, Apple remains a market leader in the entry-level sector with the second-generation Apple Watch SE. This model mirrors the design of the Apple Watch Series 4, demonstrating a balance between affordability and functionality. With features like heart rate notifications, fall detection, and a large OLED display, the Apple Watch SE represents Apple’s commitment to affordable, high-performance devices.

The post Apple watch Series 4 future updates in question appeared first on SmallBizTechnology.

The Galaxy Watch 5 Pro, Samsung’s only Pro smartwatch to date, despite criticism, has demonstrated Samsung’s ability to produce a smartwatch with robust battery life. Apart from its large battery capacity, it also stands out with its advanced health tracking features and unique rotating bezel for better navigation. It provides extensive customization options and easy synchronization with other Samsung devices, making it a firm favorite among users.

Expectations are high for the Galaxy Watch 7 Pro’s battery capabilities, predicting it to match or possibly exceed the Galaxy Watch 5 Pro’s standard battery capacity, which was rated at 573 mAh and 590 mAh. Knowing battery life is a significant factor for users, Samsung is focusing on bringing substantial improvements in this area with its new model.

Rumors suggest the Galaxy Watch 7 range will launch with three models, possibly including a Pro version similar to the Watch 5 Pro.

Boosting battery performance in Galaxy Watch 7

Although it’s unclear whether there will be any improvements in the battery capacities of the other two models, Samsung’s investment in improving battery optimization is clear.

The new series of smartwatches will be unveiled at Samsung’s Galaxy Unpacked event in July 2024. Speculations are already surrounding square smartwatch designs for the Galaxy Watch 7 range and the potential inclusion of Google’s Wear OS in Samsung’s future smartwatches, promising an improved user experience. Furthermore, a square design’s benefit of providing more on-screen space and clearer text reading could be a distinguishing factor for the new model. Note that these details are based on unofficial rumors and leaks hence, they remain to be confirmed at the official unveiling.

In the realm of smartwatch technology, Samsung continues its stride to develop power efficiency. The company’s exploration of a 2nd-generation 3nm SF3 node for future Exynos chips speaks to their unwavering commitment to technological innovation.

The post Samsung’s Galaxy Watch 7 promises enhanced battery life appeared first on SmallBizTechnology.

Apple responded to the situation through a tweet, acknowledging the problem and assuring customers of a speedy resolution. The tech giant apologized for any inconvenience caused and thanked its customers for their patience. However, the widespread interruption also affected businesses that rely on Apple’s platforms for daily operations, especially small businesses that count on the App Store for their success.

Users reported being unable to process in-app purchases or access iCloud storage during the service breakdown. They could not stream Apple Music, download apps from the App Store, or play games on Apple Arcade. While the tech firm worked on the issues, the patching process took several hours.

Global disruption in Apple’s essential services

Apple used social media and its official website to keep users updated on the developments.

The disruption highlighted the extent to which businesses and individuals depend on tech services and the effects of any hiccups in the digital ecosystem. By April 4, 2024, Apple had restored all its services, with the company closely monitoring its systems to prevent any recurrence. Though the exact cause of the interruption was not disclosed, Apple assured users that proactive steps were being taken to prevent a similar situation in the future.

Despite some services being restored and a promise of better future preparedness, the incident flagged potential issues culminating from the absence of comprehensive backup systems by significant industry players like Apple. It’s a stark reminder of our dependence on such services and the importance of reliable, resilient IT infrastructure with effective redundancy measures.

In recent Apple-related updates, several changes have been implemented across various features and services. The EU’s App Store has seen a redesign, a new set of emoji has been released, and iPhone 15 owners now have access to detailed guides on iOS 17 capabilities. Furthermore, new features have been launched for macOS Sonoma users.

Apple also generates much anticipation for new models with OLED displays, an M3 chip, and a reimagined Magic Keyboard accessory. Upcoming enhancements include updates for the 10.9-inch model and a new 12.9-inch model with the M2 chip, showing Apple’s commitment to innovation and excellence.

Finally, additional AI-focused features are expected to be showcased at the upcoming Worldwide Developers Conference scheduled for June 10. As the event nears, technology enthusiasts eagerly await the introduction of new advancements, with a broader public release planned for September.

The post Apple services disruption affects millions globally appeared first on SmallBizTechnology.

The launch of this anticipated feature, initially planned for summer 2023, was delayed to allow Apple time to set up alerts for unknown trackers, delivering more robust protection against unwarranted tracking attempts. Consequently, users will receive alerts when unfamiliar devices try to track them, providing an added security layer. The delay is not dampening Apple’s optimism about the acceptability of this enhanced feature among its users.

The iOS 17.5 update marks a significant step in addressing third-party trackers by giving users comprehensive instructions on identifying and disabling them. As such, when undesired elements are spotted within the Apple Find My network, users will receive an alert message. The detected item also becomes visible on the Find My map, helping users pinpoint its location and take appropriate action. Apple continues to safeguard users’ privacy with the app remaining accessible even when the device is offline or in sleep mode.

With the ‘Notify When Found’ feature, you’ll get an alert when it comes online.

Heightened security: Google and Apple’s efforts

New accommodation measures for users with disabilities are included in the iOS 17.5 update. Siri becomes more flexible, announcing notifications from numerous apps. Users with visual impairments will benefit from the updated VoiceOver screen reader with enhanced details and gesture controls. The update also provides automatic system updates, sparing users the hassle of manual downloads. Plus, this update is compatible with several previous Apple device generations.

The user interface for this feature is on its way, with its introduction expected during forthcoming betas. Complete implementation is targeted by the official iOS 17.5 launch, currently projected for May. Post the iOS update installation, Google’s FMD system roll-out should follow, delayed until Apple’s safety measures against unintentional FMD device tracking were integrated.

Google’s FMD network leverages over a billion Android devices to scan for nearby devices and assists in locating lost gadgets. The network is designed to track devices even when they are offline or cannot report their location. However, high-security standards at Google have delayed the launch, affecting the release of various tracker tags and withholding these capabilities from devices like Pixel Buds for now.

The post Google, Apple heighten device security efforts appeared first on SmallBizTechnology.

Rumors point to an expansive interface overhaul, including the app icons, notification center, and lock screen. Hints at new features such as split-screen multitasking and interactive widgets are rife. Yet, until officially confirmed, these changes remain speculative.

Anticipation for iOS 18 is at fever pitch as users await Apple’s official announcement. Whether confirmed or not, proposed changes present an exciting prospect for iOS users. The largely undefined design feeds rumors of a major visionOS-influenced revamp.

Respected tech analyst Mark Gurman cautions against expecting a comprehensive overhaul. Instead, Gurman suggests updates will focus more on improving security and efficiency. While acknowledging the likelihood of minor interface changes and incorporation of some visionOS elements, he deems a significant shift from the current iOS structure unlikely.

iOS 18 promises visual and technical advances.

Anticipated iOS 18 design: Speculations and expectations

This revolutionary redesign could change how users interact with their devices. Enhanced security features and improved Siri intelligence are speculated, as well as advanced augmented reality capabilities and greater customizability. As the tech giant keeps precise details under guard, illustrious anticipation for its release is palpable.

However, critics of the proposed design liken it to the 14-year-old Android 2.2 Froyo. Concerns about a cluttered interface signal fears the update might disappoint. Nevertheless, hopes remain high for an unexpected, innovative overhaul.

As we await official news from Apple, the tech world remains abuzz wondering if iOS 18 will truly embrace a visionOS-inspired design. Despite the rumors, speculation, and criticisms, we anticipate advancements in privacy measures and accessibility features. Inclusive of potential improvements in device synchronization, the Apple ecosystem may become even more cohesive. However, the backward compatibility debate continues, leaving many questioning whether the updates will benefit users with older devices. Until Apple’s official announcement, all we have is speculation.

The post iOS 18: Anticipated design changes stir speculation appeared first on SmallBizTechnology.

A rival application store, poised to compete with Apple’s monopoly, is gearing up for its European unveiling. This store’s standout element is its affiliation with Patreon, a renowned crowdfunding medium. The burgeoning app store’s much-anticipated debut in Europe is expected to bring a fresh perspective to the region’s tech industry.

Joining forces with Patreon enables developers to sidestep Apple’s standard sales commission of 15%-30%. With it, application makers can serve their clientele without having to deal with extra charges, commonly taken as part of Apple’s standard arrangement. It paves the way for higher earnings and a closer relationship to their consumers, which in turn could improve customer satisfaction and foster sustainable growth.

The platform will initially launch with only two apps – Delta, available for free, and another accessible with a minimum Patreon donation of $1. Future plans include more apps to be rolled into the store, such as beta versions of Delta and Clip, upon a $3 monthly Patreon pledge.

EU scrutinizes Apple’s app store, promotes competitive platform

The decision to incorporate these new apps reinforces the store’s vow to augment its digital content range while safeguarding income through Patreon donations.

Looking ahead, the rival app store plans to offer the same Patreon integration feature to other developers. The aim is to help developers unlock new revenue streams while also encouraging more innovative approaches from developers around the world. The ultimate goal is to cultivate a more diverse, inclusive, and dynamic app marketplace.

Riley Testut, the creator of the alternative app store, is looking to enhance the user experience and offer developers a unique method of monetizing their apps. To align with Apple’s guidelines, minor changes, such as installing pop-ups when customers opt to download an app, will be implemented. The store also plans to include features that enable users to leave reviews, improve layout organization, and have a dedicated section for trending apps.

In another progressive move, detailed analytics will be provided to developers, offering crucial insights into user engagement and app performance. Testut also advocates for transparency and plans to adopt a strict content moderation policy to ensure that all apps are safe and abide by user privacy principles. The consideration of a subscription model for developers is part of exploring novel ways of revenue generation to encourage growth, collaboration, and innovation.

The post EU challenges Apple’s app store monopolies, advocates for competition appeared first on SmallBizTechnology.

The founders of the startup, David and Kyle Corbitt, are determined to decrease costs and simplify processes related to LLM deployment and training. They aim to provide developers with tools to create customized LLM models. They believe that smaller, specialized models can achieve higher efficiency and lower costs compared to larger, general models.

The company suggests that using more simplified AI systems that deeply understand a business’s policies and product line, rather than complex AI systems, can improve customer service and enhance other business functions. By doing so, customer retention and satisfaction rates can potentially increase.

Seattle startup’s funding boosts AI efficiency

The enterprise is aiming to implement its system across different business operations for improved effectiveness and productivity.

For example, a financial firm can use AI to examine call transcripts and extract essential data, resulting in cost reductions and fewer errors. These processes demonstrate how AI can optimise various business operations and inspire further adoption of the technology.

Users don’t need extensive machine learning or data science knowledge to use the system, according to Kyle Corbitt. Many of their users, primarily full-stack app developers, have successfully trained robust models without needing external knowledge. This simplifies the model training process and reduces the steep learning curve typically associated with the field.

Before the current startup, Kyle spent his time working at a family history startup, Emberall, and had an engineering role at Y Combinator, where he organised the Startup School for its community of founders. His diverse career experience undoubtedly enriches the projects he is involved in.

Even though the startup has not revealed its income statistics, it has experienced considerable growth since its establishment a year ago. Its primary revenue comes from clients who pay for the fine-tuning of models and their application in real-life situations. The startup is always eager to discover new ways to satisfy diverse market demands.

The post Seattle startup raises $6.7M to optimize AI costs appeared first on SmallBizTechnology.

Seattle’s Madrona Venture Group, TerraClear’s CEO, and a cohort of angel investors rallied behind this financing round. This follows a staggering $25M Series A round completed in May 2021, showcasing a solid financial backing for this unique enterprise.

Established in 2017, TerraClear came up with an ingenious device capable of removing hundreds of rocks per hour from crop fields. Added to that, they use sophisticated software and AI technologies for rock mapping, picking, and route planning, significantly easing farmers’ workload.

Beyond their groundbreaking Rock Pickers, TerraClear offers a comprehensive set of services, even using drones for precise field mapping.

TerraClear’s funding boost for Agtech Growth

They create a detailed Rock Map for $4 per acre and provide rock clearing services ranging from $2 to $9 per acre. Such cost-effective solutions are invaluable for the farming community.

Operating primarily in Minnesota and Iowa, TerraClear serves close to 100 farming clients. CEO Frei envisions a unique symbiotic relationship, with farmers benefiting from map creation and rock retrieval, and TerraClear expanding its horizon by recognizing opportunities in essential farming states.

By investing in the likes of TerraClear, communities can support sustainable farming methods and indirectly contribute to environmental preservation and local economic stability. TerraClear also aims to enhance farming efficiency by creating detailed field maps and dealing with hazardous rocks – a strategy that could escalate crop yields.

Already exploring automated rock picking, TerraClear is testing a self-driving machine to implement next summer. With an impressive total funding of $53M and a dedicated team of 40, the startup aims to leverage influencers to exhibit its groundbreaking technology, cementing its place in the agtech sector.

The post Agtech startup TerraClear secures $15M for growth appeared first on SmallBizTechnology.

The company’s future stability appears to be at risk, due to numerous factors including dwindling revenues, escalating operational costs, and uncertain market conditions. The global pandemic has disrupted Tupperware’s supply chains, worsening the situation. The company’s climbing debts also alarm investors.

The management, while acknowledging the predicament, has shared their focus on finding solutions to these difficulties. They remain committed to mitigating business risks, implying that Tupperware still holds potential for recovery if revenue can be increased, and costs reduced strategically.

This is not the first instance of financial instability for Tupperware.

Tupperware’s financial plight and strategic recovery

The company has a history of fiscal turmoil and had earlier implemented a recovery plan. However, the recovery plan fell short of expectations, resulting in Tupperware losing access to their credit line, and causing them to undergo debt restructuring.

The company executives are now looking at collaboration with financial advisors to devise ‘strategic alternatives’. They are considering multiple options such as potential partnerships, mergers or possible sale of the company.

In the wake of these financial troubles, Tupperware’s shares have plummeted, lowering the company’s stock market value significantly. It is now concentrating on strategies such as corporate expense reduction and enhancing product innovation, to turn their fortunes around and win back investor confidence.

Despite these difficulties, Tupperware surprised the market by reporting its first annual sales growth since 2017. This unexpected boost has provided some relief for the company, while it continues to tackle and navigate these economic challenges.

The post Tupperware faces financial struggles, considers strategic alternatives appeared first on SmallBizTechnology.

Professionals are showing interest in providing capital to startups, with an increased number of individuals investing in early-stage companies. Funding strategies like crowdfunding, venture capital, and private equity investments also offer a chance to diversify investment portfolios and stimulate the growth of innovative businesses.

While high returns on investment are a major draw, many professionals also find immense satisfaction helping startups succeed. These ambitious ventures often house game-changing ideas that can significantly benefit both the industry and society.

However, despite the palpable interest in investing in small businesses, the rate of growth in the startup sector hasn’t matched up. With a drop in venture investments in 2023 amidst a booming $242 billion venture investments in 2022, the startup ecosystem seems to be witnessing altering investors’ confidence.

Despite these shifts, overall faith in the potential of startups remains high, implying the resilience inherent in the sector, even in the face of financial downturns.

While startup investments see a dip, recent MBA graduates’ focus is shifting towards acquiring existing businesses. Operating a running business serves as a lower-risk and flexible alternative to starting one from scratch while still fostering entrepreneurial tendencies.

Buying existing companies provides a foundation to refine the business direction with novel approaches, making it a practical testing ground for business graduates and an effective path to entrepreneurship.

The concept of a “search fund”, where professionals tie up with investors to take over existing businesses and manage them, is gaining traction despite potential obstacles.

Shifting trends: Investing in startups over establishing

Articles of these funds often lack real-world management experience.

Investors need to evaluate these inherent risks, despite the promising chances of high returns. A successful search fund often relies heavily on a tight-knit due diligence process during business selection and continuous investor support.

Although appealing, this new approach to entrepreneurship is not without its critics. There are concerns it could fuel a predatory business culture and gender biases. To counter this, there’s a loud call for diversity and ethical business practices in this entrepreneurial pathway.

It’s crucial to remember this route to entrepreneurship is not a one-size-fits-all solution. A more fluid and flexible business education model could encourage more individuals to partake in entrepreneurial ventures, promoting inclusivity and sustainability.

Shrugging off the risks tied to startups and unproven ideas, search fund acquisitions are typically already profitable businesses, bringing in about $5 to $10 million revenue. This not only mitigates risk but also promises potential for growth and refinement under new ownership and leadership.

To sum up, the rise in search funds reflects a balanced strategy–blending the stability of proven entities with opportunities for enhancement and expansion. This strategy is set to influence the perceptions of future CEOs and shape entrepreneurial pathways.

The post Shift in entrepreneurial trends: Investing over starting companies appeared first on SmallBizTechnology.

The more affordable AirPods are expected to have components produced by a Foxconn subsidiary, with the manufacturing operations taking place in an India-based factory starting from the fourth quarter of this year.

The forecast aligns with previous predictions by insiders such as Mark Gurman, Ming-Chi Kuo, and Debby Wu, indicating Apple’s plan to roll out new models of AirPods later this year and projecting an increased presence in the competitive global market of wireless earbuds.

These updated models are expected to offer improved comfort, superior sound, and a revamped charging case possibly featuring a USB-C port. Additional enhancements might include longer battery life and a more localized sound experience, depending on the user’s environment.

Moreover, the possible inclusion of active noise cancellation in the mid-range model could dramatically enhance the audio experience by eliminating background noise.

Affordable AirPods and upgraded Max models: Apple’s 2024 projection

The potential presence of a built-in speaker for tracking via Apple’s Find My network is likely to aid users in locating their misplaced devices.

There is ongoing industry speculation about whether these more affordable AirPods and fourth-generation entry-level models are the same product; insider reports, however, suggest that both models will likely be launched.

The Anticipated release of updated AirPods Max aligns with previous statements from Gurman about a revamped version of the over-ear headphones, possibly offering a range of new colors and hardware upgrades. The launch promises to add new dynamics to Apple’s premium audio accessory line.

These product releases exemplify Apple’s commitment to integrating AI in their catalog and are expected to preview at the Worldwide Developers Conference in June 2024, with public releases anticipated in September 2024. Apple aims to expand its consumer base to include regular consumers and professionals with these launches.

The post Apple plans budget-friendly AirPods and upgraded Max models for 2024 appeared first on SmallBizTechnology.

The malicious code used was deemed persistent, escalating fears about extensive damage. Fortunately, security teams worldwide quickly launched patches to fix the issue. Various defensive measures are also being enforced to shield against further infiltrations.

The initial detection of the security weakness was accredited to Andres Freund, a software engineer at Microsoft. The harmful code was inserted into version 5.6.0 of the data compression library. Freund immediately warned Microsoft’s security team, who began remedying the problem.

Addressing Linux’s extensive security breach

Managing to identify hidden pieces of destructive code within the library, a patch was promptly released to counteract this harm.

The malware manipulates the liblzma library building process, resulting in an alterable, duplicated library. This leads to a potential threat of unauthorized access into sensitive data. To mitigate this, regular and timely patching of vulnerabilities should be strictly carried out along with advanced threat detection.

The compromise severely threatens the process of verification in systems offering remote SSH protocol access. By enabling cyber criminals to bypass security defenses, they can potentially establish illegitimate remote access points. As a preventive measure, systems administrators should promptly identify and patch vulnerabilities, conduct penetration testing, vulnerability scans and employ multi-factor authentication.

Among the distributions, Red Hat Enterprise Linux has been majorly affected by this breach. In response, a software supply chain company has unveiled a free detection tool. Cybersecurity expert Kevin Beaumont warns of severe implications due to the library’s extensive use across Linux distributions.

Jia Tan, a software developer, was tracked and identified as the attack’s origin, as she added malicious code to numerous libraries. Robbed of access to important segments, like the project’s main website, Git repositories, and key files, Tan’s GitHub account has been temporarily suspended.

The post Major Linux security breach exposes widespread vulnerabilities appeared first on SmallBizTechnology.

The CEO warned against the dangers of overhyping AI and the potential implications should the technology fail to meet its lofty promises. He advocated for a balanced approach towards AI’s development and application to minimize disappointment and to maximize the opportunities and benefits the technology could offer.

Hassibis fears that excessive investment could dilute the quality of science and research in AI and potentially seed dishonest practices. He believes this could compromise the integrity of the field and put at risk essential advancements. Hassibis insists on a focus on the quality of research and innovation, rather than just the quantity of funding.

Given these considerations, reaching a balance in funding is crucial to preserving the credibility and integrity of AI research. This includes upholding ethical standards and encouraging significant scientific advancement.

Balancing hype and reality in AI development

The focus on capital investment should not eclipse the role thorough research and innovation play in the progression of the AI industry.

Hassibis, as a respected authority in the AI community, expressed grave concerns about the financial pitfalls that reckless investment in the sector could cause. His comments highlight the need for careful and well-reasoned investment in this rapidly progressing field.

Google DeepMind, under Hassibis’ leadership, has achieved significant strides in applied AI since 2010. These include novel AI techniques to tackle complex biochemical conundrums, emphasizing AI’s undeniable potential in addressing sophisticated scientific challenges.

The pioneering work of Google DeepMind gives a glimpse into a future where AI might be an essential tool in resolving intricate problems across diverse fields. However, Hassibis criticizes certain startups’ misuse of AI’s potential by merely adding an AI API and misrepresenting it as a unique project. The AI industry, in his view, also includes entities leveraging machine learning for noble causes, like assisting quadriplegics and furthering scientific research.

Lastly, Hassibis cautions that uneven funding could increasingly incentivize deceptive practices and financial mistakes, putting actual innovation at risk due to the excessive fervor of venture capitalists. Despite these potential pitfalls, he stays positive about the abundant opportunities in the AI sector.

The post DeepMind CEO warns against AI overhype appeared first on SmallBizTechnology.

The rise of digital tipping began in restaurants but has since spread across a wide variety of businesses, thanks to point of sale (POS) technology from companies like Square, Toast, and PayPal. This digitization has fostered seamless transactions, eliminated the need for physical cash, and provided a more efficient service industry.

However, Karabas cautions against potential negatives of the system. The strategy should focus on balancing the encouragement of digital tipping while respecting a patron’s right to tip based on their perceived value and quality of the service. The overuse of digital tip prompts could potentially frustrate customers, leading to decreased patronage and affecting revenue negatively.

Adding to this, Professor Karabas highlights the need for businesses to address any potential problems that could arise with the implementation of digital tipping.

Digital tipping’s impact on service industry

This includes ensuring employees receive their fair share of tips, customer privacy concerns, and maintaining an efficient and smooth transaction process.

Despite potential challenges, Karabas points to the financial benefits digital tipping brings to workers. Digital tipping has the potential to boost employees’ overall income, which can add to job satisfaction, help reduce turnover and foster a positive working environment. This ultimately also compliments business growth and success.

This new payment culture has also ignited debates around fair wages and reliance on tips. It’s essential to stay informed and updated about changes in technology that may affect tipping choices and decisions. Despite these debates, the significance of gratuity in service-based industries remains unchanged, emphasizing the need to make the tipping process as transparent and straightforward as possible.

The surge in digital tipping signifies a major shift in our transactions and exchanges, undeniably transforming the service industry compensation model. While it certainly presents its share of challenges, the potential to reshape the perception and practice of tipping in the service industry is immense.

The post Digital tipping surges in the service industry appeared first on SmallBizTechnology.

Essential to the initiative is assisting startups and venture funds by providing technical expertise, resource allocation, and financial advice to boost their business development. Amid growing global interest in space exploration and technology, SKY Perfect JSAT strives to foster innovation and extend its contributions beyond the communication field.

The proposed SKY Perfect JSAT funding is part of a wider investment strategy set forth in 2022. The company plans to invest 150 billion yen ($991 million) by 2030 to invigorate innovative technologies and consolidate its grip in the swiftly evolving space sector.

SKY Perfect JSAT’s financial commitment to space startups

The substantial budget dictates their devotion to revolutionary breakthroughs and posits SKY Perfect JSAT as a progressive participant in space exploration and services.

SKY Perfect JSAT has a reputable past of over three decades in providing broadband and television services. It manages 17 geostationary satellites, a testament to its robust presence in the industry. Beyond these core services, SKY Perfect JSAT has a significant role in global communication and broadcasting networks. With a customer-centric approach, the firm continues to enhance its capabilities and endeavors to remain an industry leader.

In recent years, the firm has branched into space-based intelligence services and backed several startups. SKY Perfect JSAT also partnered up with Spacetide Foundation and continues to assist Axela, a Japanese acceleration initiative for space startups. These collaborations highlight SKY Perfect JSAT’s strong commitment to nurturing entrepreneurship in the space industry and creating a robust ecosystem for space startups.

Reported by business journalist Jason Rainbow, the above reflects a comprehensive understanding of the dynamics of the global space sector. His reports bear unique accuracy and depth, a testament to his expansive knowledge and practical experience in the field.

The post SKY Perfect JSAT Pledges $66M to Space Startups appeared first on SmallBizTechnology.

The U.S. District Attorney’s Office have confirmed that Mosley acquired funds from the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) through falsified documents and misinformation.

The special investigations revealed the misdirected use of funds for personal expenses, a clear violation of the PPP and EIDL guidelines, culminating in severe legal consequences for Mosley. This serves as a stern warning to those who might consider exploiting government programs with fraudulent intentions.

Mosley is accused of making false claims about operating an event management business, including gross earnings, payroll expenses, operational costs, and employee numbers for deceitful loan acquisition. Through these lies, she highlighted the gross profit, salary expenses, operating expenditures, and manipulated the number of employees to her advantage.

It has been disclosed by the District Attorney’s Office that Mosley outrightly disregarded the law by giving false statements under oath.

Gastonia resident’s fraudulent pandemic aid usage

She now faces serious federal charges that will be a testament to the severity of her disruptive actions.

These proceedings lay bare the serious consequences of such offences including hefty fines or prolonged incarceration. Therefore, it is vitally important for everyone to respect the legal system in order to avoid such grave consequences.

This situation draws attention to the necessity of honesty and integrity, especially when dealing with relief funds meant for people affected by the pandemic. Misuse of such resources can lead to trust erosion in important relief measures, emphasizing ethical accountability and transparency.

Currently, the court proceedings are underway to determine the severity of Mosley’s fraudulent actions. As the investigation unfolds, the extent of Mosley’s deception becomes clear. This emphasises the critical role of law enforcement agencies within our society and the substantial penalties offenders may face.

The post Gastonia resident charged for misusing pandemic aid loans appeared first on SmallBizTechnology.

While discussions regarding the IPO details are underway, Rubrik’s representatives have not publicly shared any specific information. A strategic silence is maintained, not revealing any specific dates or estimations for the upcoming public offering.

This is not the first hint at Rubrik planning to go public. Earlier speculations indicated a possible IPO move might align with the resolution of a U.S. Department of Justice investigation into alleged misappropriation of government contract funds by a Rubrik sales representative. Despite potential setbacks, the possibility of an IPO is still present for Rubrik.

Rubrik envisioned an exit strategy by 2023’s end, aiming to generate up to $700 million.

Rubrik’s impending IPO projected at $4 billion

The firm collaborated with Goldman Sachs, Barclays, and Citigroup for financial assistance regarding their forthcoming IPO. Rubrik remained mum about specific timelines or financial specifics and continued providing advanced cloud data management solutions.

Rubrik has raised an impressive sum of $1.18 billion from 83 investors. This significant financial backing from IT giant Microsoft substantially increased Rubrik’s estimated market value. It has displayed Rubrik’s potential and rapid growth in the tech industry.

Earlier economic insights indicate Rubrik’s annual revenue exceeds $600 million, demonstrating a strong financial growth trajectory. With a diverse product range and trust from their clientele, Rubrik’s ability to retain customers and generate substantial income has driven its market value up.

In a recent interview, Bipul Sinha, CEO and co-founder of Rubrik, indicated the firm’s intention to go public. Despite market conditions, they remain confident about successfully launching the IPO.

The post Rubrik’s anticipated IPO potentially values at $4 billion appeared first on SmallBizTechnology.

The company manager, Ryan Wilson, oversees the meticulous sorting of the pallets, which may contain returns, unsold items, unclaimed orders, or transportation-damaged goods. These items are then graded from A (brand-new items in unopened packages) to D (slightly damaged or opened packages). The items are then logged into Unified Wholesale’s digital inventory system for easy access by potential buyers.

If any items are unsold by the end of the month, they may be discounted or donated. This process provides an effective solution to excessive online merchandise. It not only helps manage overstock but also offers businesses an opportunity to procure goods at a lower cost.

The company operates with a flat fee system, ensuring transparency in transactions and avoiding unexpected charges.

Unveiling mystery shopping pallets in Idaho

Customers simply select a pallet, pay, and take it away. This system aids in more efficient shopping, fostering long-term customer relationships.

The two types of pallets available for purchase are ‘monster’ and ‘bulk’. ‘Monster’ pallets, selling for $849, hold a retail value between $2,000 to $5,000. ‘Bulk’ pallets, priced at $699, contain larger items such as furniture and weight sets, with a total retail value varying between $2,500 to $6,000. Both pallet types offer great savings, adding to customer satisfaction.

The operational goal of Unified Wholesale is to refresh its inventory with new pallets weekly. The warehouse is open for customers to inspect the pallets Mon-Sat. However, buyers should note that all purchases are final and non-refundable.

The post Idaho Falls Wholesale Offers Mystery Shopping Pallets appeared first on SmallBizTechnology.

Post eight years in banking, Quinn felt the need to explore a career that valued her emotional sensitivity. Career alternatives started coming to her, ranging from human resources and counseling to entrepreneurship. In 2014, taking a plunge into venture capitalism, she found a space conducive to individuality and uniqueness.

Positioned as a source of comfort for startup founders, Nicole Quinn in 2015 directed her efforts toward fostering startups and identifying prospective markets. This scenario was more in tune with her characteristics. Venture capitalism, whilst being competitive, provides scope for personal connection, career progression, and continuous professional growth.

With unstable economic conditions, the banking industry often halts wellness initiatives. However, the venture capital sector promises interpersonal relationship opportunities, career mobility, and consistent professional development.

Nicole Quinn’s career shift to venture capitalism

The latter’s opportunities also benefit employee wellness and satisfaction, thereby creating a viable alternative for those aiming to find a balance of professional success and personal well-being.

Nicole Quinn views venture capitalism as a growth-promoting environment where one isn’t required to begin from the top. This outlook emphasizes an equilibrium between an individual’s personal values and business. Also, it highlights the importance of an individual’s skills, values, and commitment to growth and evolution.

As venture capital market openings enhance in 2024, professionals can gain a variety of experiences in diverse roles before possibly transitioning. Stories like Quinn’s ignite this change in the workplace, fostering a blend of business achievements and personal contentment. In the face of possible challenges, resilience and adaptability form crucial entrepreneurship attributes. Mentorship from experts like Quinn is a valuable strategy.

Lastly, it’s important to note that business success should not undermine personal contentment. A balance of career accomplishments and individual fulfillment indeed epitomizes the real sense of professional success.

The post Nicole Quinn transitions from banking to venture capital appeared first on SmallBizTechnology.

Even amid these trials, however, the remaining staff members of Stability AI are putting in significant effort to turn their situation around. Strategies to emerge from their financial crisis include cutting costs, looking for new capital investments, and restructuring their leadership approach.

At the event, Mostaque introduced an upgraded version of the company’s key product, the Stable Diffusion Image generator. His unclear remarks about their fiscal health, though, worried event attendees and led to speculation about the company’s future stability. This vague discourse about finances also cast a shadow on the celebrations surrounding the new product launch.

Following these events, Mostaque announced his resignation as CEO of Stability AI through social media channels.

Stability AI’s struggles amid leadership change

He attributed his leaving to his wish to spread authority in the AI sector. However, industry insiders suggest that poor business decisions and unchecked spending might be the actual reasons behind his decision. Deflecting the allegations about the internal struggles within his company, Mostaque highlighted his role in creating the company’s research team and contributing to their widely recognised models.

The interim co-CEOs, Christian Laforte and Shan Shan Wong, are now leading Stability AI and are committed to commercialising top-tier technology and building partnerships within creative sectors. Through their combined vision, Stability AI aims to become a leading force in the technology landscape.

Stability AI’s journey reflects the mix of opportunity and risks that venture capitalists face in the AI industry. Their experiences bustle as a warning of the risks associated with unchecked ambition within the competitive world of AI startups. The narrative emphasises the need for a clear and strategic plan, a balance between expansion and reflection, and careful management of resources in the dynamic and demanding AI industry.

The post Stability AI faces crisis amid CEO resignation appeared first on SmallBizTechnology.

The Toronto-based company, with operations across Canada and the United States, plans to use the funding to solidify its presence in the US market. CEO Arunabh Dastidar highlighted that the company already provides services to key US regions, nut the new funds will enable the firm to expand to lesser-known markets, diversify its customer base, and bolster its brand presence.

Recognized for catering to the needs of the largest vertically integrated REITs, RealSage allows for streamlining data and reports and provides support to ownership groups and operators. The flexibility of the platform offers easy integration of third-party applications, thus adding an extra layer of convenience and efficiency. Continuous upgrade plans ensure the platform evolves to meet changing business needs.

The value of AI in real estate is predicted to reach $8.9 billion by 2026. RealSage endeavors to enable asset managers to make impactful decisions that boost their financial results.

RealSage’s AI-driven expansion in property software

It leverages artificial intelligence to provide detailed market analysis and property data and assist asset managers in crafting personalized strategies for their clients.

The platform operates on advanced machine learning methods, interpreting data similarly to human language. The technology continuously learns and adapts to new data patterns, becoming an essential tool for continuous improvement. In addition, it features seamless data integration and quality control capabilities, guaranteeing reliable data management.

RealSage’s advanced algorithms transform past data viewpoints into future projections, effective leveraging deterministic AI models. This positioning in prop-tech provides innovative solutions to persistent financial management problems within the real estate sector. The platform democratizes property data access, streamlines decision-making processes, and allows clients to tap into its capability to analyze real estate market trends.

In conclusion, RealSage is revolutionizing the real estate industry with its forward-thinking methodologies. The firm’s commitment to utilizing discriminative AI models is creating a positive impact in the property industry, especially in making economic predictions more reliable and accurate.

The post RealSage secures $4m for AI property software growth appeared first on SmallBizTechnology.

The Manufacturers’ Sentiment Index rose to 11.0, surpassing its forecast and symbolizing a surge in the economy. This indicated possible augmentation in investors’ confidence and industry performance above expected standards, demonstrating the resilience and potential of Japan’s economy.

However, the Non-Manufacturing Outlook for Q1 2024, along with the forecast for Retail Trade, failed to reach market consensus. On a positive note, the Manufacturing Survey displayed an upward curve, exceeding market expectations. All sectors exhibited modest growth, promising for the future despite not entirely meeting market projections.

Inflation expectations remained consistent at a corporate level, with Consumer Prices expected to increase by 2.4% within the year.

Boost in Japan’s economy from Q1 business sentiment

Despite the ongoing global challenges, the Japanese economy’s strength in maintaining sturdy inflation targets was illustrated.

Following the report release, there were minor gains observed in the USD/JPY and Euro/USD currency pairs, and the GBP/USD pair marked a slight rise. Although minor, these fluctuations are crucial in determining forex market trends.

The value of the Japanese Yen largely depends on Japan’s economic performance, taking into consideration several factors such as the Bank of Japan’s policies, Japanese and U.S. bonds’ yield differential, overall market risk sentiment, and other global geopolitical events and international market trends.

The Bank of Japan aims to devalue the Yen through an expansionary monetary policy. This devaluation has implications for Japanese exporters but also risks potential drawbacks such as increased import costs and possible inflation rise over time.

This policy was compared to other central banks, particularly the U.S. Federal Reserve, which has led to a growing policy gap benefiting the US Dollar.

The Yen, deemed a safe-haven investment, often strengthens during major market disruptions. Its value is seen as a key indicator of global market health, valuable in turbulent times. However, if the global economy shows signs of growth and stability, demand for the yen could decrease, possibly leading to a depreciation of its value relative to riskier, higher-yield currencies.

The post Japan’s positive business sentiment boosts economy in Q1 2024 appeared first on SmallBizTechnology.

Despite OpenAI’s eight-year existence and current valuation of nearly $80 billion, Lee’s optimistic forecast persists. Even amid potential financial setbacks, his outlook on the startup’s prospects remains undimmed. He specifically highlighted OpenAI’s successful integration and suggested it could reach a trillion-dollar value sooner than predicted.

However, Lee is also alert to the potential challenges that could impact OpenAI’s path to success. These include operational setbacks or emerging competitors that can threaten its leading position.

Kai-Fu Lee’s optimistic forecast for OpenAI

Despite these hurdles, Lee is confident that constant innovation and refinement of OpenAI’s technology and operations hold the key to maintaining an industry edge.

In the tech industry, OpenAI’s influence is profound. Major firms like Microsoft and Nvidia attribute a significant fraction of their combined worth of $5 trillion to the contributions of OpenAI’s skilled research team. The startup consistently sets industry standards with their innovative solutions, which have been instrumental in shaping the tech landscape.

From a market perspective, Lee asserts that OpenAI’s GPT-4 has outperformed rival models such as Anthropic’s Claude 3, maintaining market dominance even a year after its release. He credits this to the developer’s strategic balance between cost and performance, which resonates well within the commercial sector.

Despite critiques against OpenAI’s policy of not publishing its research, Lee expresses a keen interest in investing if an opportunity arises. He staunchly believes in AI’s potential to surpass major technological revolutions, envisaging not just a potential tenfold increase in OpenAI’s value, but considering it highly likely.

The post Kai-Fu Lee predicts trillion-dollar future for OpenAI appeared first on SmallBizTechnology.

RealSage, which has firm roots in Toronto and operations spanning both Canada and the US, held a funding round led by a Boston-based SaaS venture capital company. Other contributors included Karman Ventures, Golden Section, Second Century Ventures, and a collection of angel investors and former employees.

RealSage’s CEO, Arunabh Dastidar, expressed the company’s intention of using the raised capital to reinforce their presence in the US market, particularly in California, New York, and Texas.

The company is built on solid ground and its technology is likened to Jarvis from Iron Man due to its intelligent conversational interface. RealSage’s AI-powered platform optimizes rental prices, identifies promising future investment locations, and provides data-informed performance recommendations.

MarketsandMarkets report suggests the increasing application of AI in the real estate industry, with a projected rise to an impressive $8.9 billion by 2026.

RealSage’s strategic growth with AI in property management

Aligning with these expectations, RealSage plans to provide necessary financial decision-making tools and insights, enabling more efficient operations. Furthermore, predictive analytics offered by RealSage will facilitate better risk assessment and strategic planning, transforming the real estate industry and traditional methodologies while creating efficient work practices.

Historically, real estate relied heavily on legacy data. However, RealSage aims to redirect the trend by granting managers access to forward-looking data through deterministic AI models and language learning models. Advanced systems such as these will change the way property managers interact with information, generating precise, nuanced, and comprehensive insights that far surpass those achieved by human analysis.

RealSage’s technology predicts shifts in the market by analyzing trends in real estate data. It’s a departure from traditional, backward-looking practices heavily reliant on legacy data, paving the way for a predictive approach to real estate business. The integration of AI-powered data analytics can revolutionize industry decisions leading to enhanced profitability, improved risk management, and overall business growth. RealSage’s platform has the potential to redefine the real estate landscape, offering a distinct competitive advantage to its users.

The post RealSage secures $4 million for AI real estate tool appeared first on SmallBizTechnology.

Among those closing include Armbruster Manufacturing Company, Remarkable Resale, and Mosser’s Shoes – names synonymous with the local culture and community. Closing signifies more than just shuttering the shop, it signifies changing lives of employees, selling off beloved equipment and letting go the dreams of the owners.

Mosser’s Shoes in particular offers a poignant example, struggling through tough choices due to lease expiration and other challenges. After a rent hike in their Springfield outlet, they decided to merge operations at their Champaign outlet.

Chamber of Commerce leader Mike Murphy, recognising these challenges, urges locals to support these businesses – stating that it is more than just a purchase.

Springfield’s local businesses closing doors

It’s making a difference. Pledging the strong commitment of the Chamber of Commerce, he calls for locals to adapt and innovate to meet consumer needs.

Amid these closures, Armbruster Manufacturing and Mosser’s Shoes are continuing operations, although Mosser’s Shoes’ Springfield outlet may close sooner based on stock depletion. These abrupt changes have created a sense of unease among employees and customers alike.

Data from the Bureau of Labor shows that only about 25% of new businesses survive beyond 15 years, underscoring the challenges entrepreneurs face. However, those who do survive typically achieve long-term success and growth. It is thus imperative that small businesses see these figures not as deterrents, but motivators to be part of the successful fraction, by pushing for a sound business strategy, clever marketing, and exceptional customer service.

The post Springfield’s beloved local businesses face closure appeared first on SmallBizTechnology.

The delay primarily stems from Apple’s struggle to maintain high yield rates for its innovative display. This groundbreaking technology has proved challenging to produce at volume, contributing significantly to the ongoing holdup.

To meet its quality standards, Apple is working alongside Samsung and LG to produce new 11-inch and 13-inch panels.

iPad Pro upgrade: Delay due to production challenges

Of the two, Samsung appears to be grappling with meeting Apple’s quality expectations, a factor contributing to the delay. Concurrently, LG remains a key collaborator, and the joint efforts are aimed at delivering a product that lives up to customers’ expectations from Apple.

Low yield levels, primarily from Samsung, have reportedly become an issue due to the advanced technology and variable production techniques. As a result, Apple has transferred some 11-inch panel orders from Samsung to LG, leading to LG now expected to supply about 60% of the total panel requirements for both the 11-inch and 13-inch iPad Pro models.

The complex manufacturing processes required for Apple’s new display technology have reportedly caused problems for supplier’s teams, contributing to delays. Experts predict a potential May release for the iPad Pro models, just a month before the eagerly awaited WWDC 2024 event where Apple traditionally announces updates to its product range.

The post Apple’s iPad Pro upgrade delayed due to production issues appeared first on SmallBizTechnology.

Despite ongoing delays affecting the iPad series and subsequent setbacks in digital market, Apple’s developers are determined to overcome this adversity. The focus remains on consumer satisfaction, versatility, and innovation as they navigate these challenges.

Apple’s global audience is eagerly awaiting the release of the iOS 18 update, expected to offer greater home screen adaptability. New features are rumored to include improved widget functionalities, subtle improvements to transitions and animations, and enhanced safety measures.

Anticipating software advancements at 2024 Apple conference

But official details remain tightly-guarded from public sphere.

Rumors about an Apple Pencil compatible with the future Vision Pro headset are making waves in the tech sphere. Predicted to be useful to a wide array of users, the Pencil might come with features like haptic feedback and advanced gesture control, opening up a more interactive AR interface.

Apple assures remedy in terms of bugs and security resolutions in the upcoming macOS Sonoma 14.4.1 update. While expectations are still high for iOS 17.5’s first beta, the tech company remains mum about its official launch date.

Speculation about the next M3 Ultra chip—a standalone product for the first time—has breathed excitement into the tech community. The M3 Ultra chip is rumored to offer improved power efficiency, unrivaled speed, and performance capabilities. However, Apple remains tight-lipped about the official specifications, leaving tech enthusiasts on toes.

The post Apple sets 2024 developer conference dates, anticipates software advancements appeared first on SmallBizTechnology.

Starting from a business incubator in Lake Charles, the firm quickly spread across Louisiana and southeastern United States. Landcadia Holdings, owned by Texas billionaire Tilman Fertitta, purchased it for $308 million in 2018. Post-acquisition, the company experienced significant growth, strengthened market influence, and introduced innovative products that won over a sizable customer base.

Through public listing, the firm went on to acquire a rival, Bite Squad, for a grand sum of $321 million, pushing their market capitalization to over $600 million. However, elements like increased competition and heavy debt slowly chipped away at their growth, leading to a series of layoffs.

A net loss of $73.5 million was reported in the third quarter of 2022, marking the company’s fourth consistent quarter of negative earnings. The share price plummeted by the end of November 2022 due to rising financial distress. Bold measure were taken to recover from this slowdown, including diversifying services and restructuring debt.

ASAP’s abrupt cessation of delivery service

However, the company’s future remained uncertain.

In November 2022, a trademark dispute led to the company’s rebranding as ASAP. Despite the change, the company continued to struggle financially. The trading price per share dropped to a meager 42 cents, leading to potential removal from the Nasdaq Capital Market. Then, the company was downgraded to the OTCQB Venture Market.

The company took strong measures to restructure and was able to marginally improve its share price. However, instability in 2023 caused a relapse. Despite the circumstances, ASAP made successful partnerships to stabilize its financial condition.

Financial difficulties persisted despite attempts at service diversification, performing deliveries of miscellaneous items such as alcohol, clothing, sports accessories, and auto components. The hardships proved too great to recover from, confirming its fate. Eventually, the services of ASAP were forced to come to a halt permanently.

The post ASAP delivery service suspends operations permanently appeared first on SmallBizTechnology.

This move by the tech giant is just a part of their larger scheme to bring all audio services under the umbrella of YouTube. With this initiative, Google hopes to provide an all-in-one, easy to use platform for its users. Centralizing all audio-related features through the popular video platform, YouTube, Google is working towards creating an integrated and more streamlined user experience.

Approximately 500 million Android devices around the globe are expected to be affected by this change. Developers are predicting alterations ranging from functionality adjustments to interface transformations. However, they are committed to making the transition as smooth as possible, with regular updates, patches, and offering support as required.

Migrating Google podcast subscriptions to YouTube

In the U.S, the Podcasts app will remain operational till March 2024 and users will be able to export until July 2024. Thereafter, users have been advised to switch to alternative platforms. Google intends to provide enough guidance to users to transfer content and subscriptions to other platforms. Individual content creators will also receive necessary support for the transition.

As Google Podcasts goes off the grid by 2024, users are encouraged to backup their data. Clear instructions will be provided to avoid any loss of podcast libraries. This transformative change has triggered a global response; it’s not just about changing listening habits, but also restructuring marketing models and content creation for businesses.

Lovers of digital audio content will now need to navigate and appreciate the expansive world of podcasts on alternate platforms, leading to a reexamination of strategies integrating their favourite shows into their daily schedules.

The post Google podcast users advised to migrate subscriptions to YouTube appeared first on SmallBizTechnology.

In a substantial accelerator program that took place last year, the brothers suggested an inventive business model. They encouraged developers to craft dedicated LLMs, a departure from the generalized, multi-purpose models conventionally used across the industry. This novel approach was hailed for its high potential to permit the software engineers to tailor the algorithms to meet specific applications.

The brothers argue that businesses might not require a chatbot for answering a multitude of questions. As an alternative, they propose a system with a deep understanding of company’s product catalog and policies, proving beneficial especially in customer service contexts.

Seattle startup’s affordable AI language models

The system can decrease the operational costs and enhance the efficiency and accuracy of addressing customer queries.

An example of the effectiveness of their approach was demonstrated when a financial firm decided to transition from OpenAI service to the Corbitt brothers’ service experiencing decrease in operational expenses and reduction in inaccuracies. The service facilitated in-depth analysis extracting indispensable data such as credit card balances.

The CEO confirmed that clients can expect a significant reduction in costs in comparing with services provided by OpenAI. Despite being a relatively young startup, of one year, it has seen significant growth. The team is dedicated to continuous improvement and values the personalized relations with its customers. The growth of the user base is attributed to not only the pricing strategies but also the quality of service.

Their monetization strategy includes charging for the refinement of customer models and application of these in a live operational setting. They acknowledge the costs involved in training, updating and implementing these models. But they believe in the consequential exponential ROI. They are confident that the businesses will see value in their service with increased efficiency and successful customer interactions.

The seed fundraising round was led by early-stage firm Costanoa Ventures, with contributions from their former startup accelerator and independent supporters. Following this fundraising, it was revealed that apart from the former startup accelerator the contributors included Logan Kilpatrick, former head of developer relations at OpenAI, Alex Graveley, the innovator behind GitHub Copilot, and Tom Preston-Werner who is one of the founders of GitHub.

The post Seattle startup raises $6.7M for affordable AI language models appeared first on SmallBizTechnology.

Bigelow demonstrated her keen interest in her craft through personalized cupcakes and elaborately fashioned cookies. Despite the challenges that the pandemic posed, she showed resilience by innovating her business model to accommodate online orders and curbside pickups.

Following the 2020 campus closures, Bigelow shifted her focus to business and baking. She exploited an online course at SUNY Fredonia that proved instrumental during the crucial phase of adaptation and transformation.

Bigelow got her break when local restaurateur Devon Jones noticed her baking talent and invited her to join the home baking business.

Sydney Bigelow’s pandemic dessert success

This meant delving into the complex world of professional culinary but through dedication and perseverance, Bigelow flourished.

Her reputation grew among the local community, and her innovative baking techniques began gaining recognition, signaling the beginning of a promising career in baking, spurred by the opportunity given by Devon Jones.

Sydney’s Sweet Treats quickly rose to fame, leading Bigelow to secure a prominent spot on the Boardwalk by early March. The shop operates mostly on Sundays, offering a range of pastries with a regularly updated menu, keeping the customers excited and the offerings fresh.

The grand opening of Bigelow’s business was a significant event for local politics and community. Dunkirk Mayor Kate Wdowiasz and members of the Chamber of Commerce graced the event with their presence, signaling the city’s support for the venture.

The event provided a collaborative platform for political and commercial networking, showing the promise of growth and prosperity for Dunkirk through the new establishment.

In conclusion, Sydney’s Sweet Treats are not limited to the standalone locations alone. They also have a presence in the Tuscany Market and Deli in Fredonia, thereby amplifying choices for customers and upholding their pledge for quality and impeccable flavor.

The post Sydney Bigelow’s thriving dessert business amid pandemic appeared first on SmallBizTechnology.

As issued by the Department of Justice, Mora pleaded guilty mid-2021 to conducting transactions with illegally acquired funds. Accusations were pressed on him involving a scheme channeling illegal funds through his business.

Following a two-year exhaustive investigation, Mora’s sentencing firmly concluded the matter. His attorney, however, remained without comment.

After his prison term, Mora is mandated to comply with a 3-year supervised release that includes a substantial fine yet to be set.

Mora’s operation commenced in September 2020 and lasted until August 2022. Using the identities of unknowing clients, Mora and his employees successfully masked their illegal activities, portraying them as standard money transfers.

Investigation revealed that Mora’s activities connected to a broader money laundering scheme tied to drug sales in Mexico and Honduras. The scope of the illicit operation extended beyond national borders, intertwining drug trafficking and money laundering.

The considerable profit from these illegal ventures was systematically cleaned through complex processes, making it challenging to track by law enforcement, pointing towards widespread corrupt systems.

Mora’s laundering method included transferring amounts under $3,000 to avoid government business reporting obligations.

Local owner’s sentencing for laundering

Authorities discovered this evasion tactic through wire receipts linked to Mora’s business on seized mobile devices of arrested drug traffickers.

In response to the incident, DEA Special Agent Brian M. Clark, First Assistant U.S. Attorney Patrick D. Robbins, and CI Acting Special Agent in Charge Michael Mosley condemned actions that enable drug trafficking and harm local communities. These frontline personnel consistently vow to pursue and halt such damaging operations rigorously.

Clark, Robbins, and Mosley work relentlessly to enforce the law, aiming to bring justice to involved individuals and restore peace within impacted communities. They uphold that no criminal act will go unrecognized and every perpetrator will face the full force of the law.

The post Local business owner sentenced for money laundering appeared first on SmallBizTechnology.

Suggestions from Fink for alleviating the situation include encouraging more contributions to private retirement funds. He also vocalises the urgency of sparking more discussions on Social Security and its future role, arguing that supplementing public pensions with private savings could restore financial balance.

According to Fink, the initial design of Social Security took into account a time when most retirees did not live long enough to benefit from it. However, the current increased life expectancy necessitates more financial support during retirement. Therefore, re-examining the structure of Social Security and implementing updates hold crucial importance for better supporting the financial needs of retirees.

The U.S. Census Bureau reports only 58% of Americans aged between 56 to 64 have retirement accounts.

Addressing retirement plan inadequacies nationwide

Fink attributes this to non-affordability, lack of employer-sponsored plans, and enrollment issues. His proposed solutions include simplifying 401(k) account transitions between jobs, fostering automatic retirement contributions, implementing financial education programs, and introducing mandatory savings rates.

Fink also proposes a reassessment of retirement age, akin to modifications introduced in the Netherlands. Despite possible political pushback, he argues that extended employment could bolster personal financial security and contribute to national income. Irrespective of the societal norms regarding retirement age, such changes could broaden perspectives and instigate societal development.

Lastly, Fink emphasizes the importance of addressing retirement planning, not just for the economy and policy, but also as a measure in restoring faith among younger generations about their future. He insists that discussing and exploring this issue is necessary due to the rapidly evolving demographic and economic landscape.

The post BlackRock CEO proposes nationwide retirement plan review appeared first on SmallBizTechnology.

These ventures often materialize online, taking advantage of the readily available platform the internet provides to transform unique talents or passions into profitable businesses. Fields may range from freelance writing and design to online tutoring and e-commerce, showcasing the diversity of opportunities that exist.

Not only do side hustles provide financial benefits, they also offer a different avenue to foster creativity, self-reliance, and resilience. They serve as a stepping stone towards entrepreneurship without the threat of high financial risks, as individuals can test their business concepts, build a customer base, and refine their business model before fully committing to it.

The decision on which side hustle to embark on often involves evaluating the potential profit, cost of entry, and future prospects of each possible venture. It’s a complex task that demands careful consideration of the market demand, potential growth, projected revenue generation, initial investment, and sustainability in the long term given economic and technological changes.

Finding a fitting niche that aligns personal interests with market demands can significantly improve the chance of achieving professional success.

Embracing the side hustle in digital era

For instance, someone with a knack for technology and writing can produce technical content for tech firms, combining passion with a high demand field. With strategies like this, personal interest and expertise can fuel a unique, high-quality output targeting a specific market.

While the initial cost can be a barrier to starting a side hustle, online marketplaces, shared workspaces, crowdfunding and business loans provide alternatives to mitigate these expenses. Keeping a tight budget and controlling operational costs can also contribute to the sustainability and success of the business. Moreover, a side hustle that is scalable can grow and expand without significantly increasing expenditure, maintaining profitability even with increased demand.

The purpose of the side hustle is twofold: supplement income and capitalize on existing talents. It provides financial independence and a safety net in uncertain economic times, but also personal fulfillment and a space for creativity.

Looking ahead, sectors such as content creation, digital marketing, and dog-walking appear to be promising side hustle paths for 2024. Resourcefulness and adaptability, paired with an entrepreneurial mindset, innovative thinking, and a keenness for identifying niche needs are essential for success. Digital skills, networking, perseverance and resilience will also prove advantageous.

In summary, the rise of the ‘side hustle’ signifies a shift towards unconventional work structures leveraging technology, individual skill sets, and creativity. It demonstrates that successful career paths can also stem from pursuing personal passions, complemented with sound planning and a strategic approach.

The post Rise of the side hustle in uncertain economy appeared first on SmallBizTechnology.

As per Patel’s post, the scam initiators dupe Apple users by disseminating phony alerts, seemingly from ‘Apple Support’, asking them to amend their passwords due to suspected invasion attempts. Consequently, Users unaware of the scam risk inadvertently jeopardizing their personal Apple accounts.

Victims of this deceitful activity are continuously assailed with password reset notifications. Responding to each of these prompts can be time-consuming and frustrating. This scam goes beyond being a mere annoyance as it potentially endangers the privacy of personal and professional data.

Patel’s revelation about this scam has potentially safeguarded many Apple users from becoming its victims.

Scammers exploit Apple’s password reset system

It stresses the importance of cybersecurity awareness and the need to take caution when interacting with such notifications.

Conversely, the perpetrators of the scam are adept at wearing down users by incessant notifications until they agree to change passwords. The failing point lies within Apple’s unchanged stance on these issues making its users vulnerable, unlike Microsoft users who have been sheltered due to the company’s prompt course correction.

It’s critical for tech giants to recognize and mitigate these threats swiftly, prioritizing user security and privacy. Apple is anticipated to counter this situation readily through the implementation of protective measures to safeguard its users from such scams.

This instance of robbery showcases scammers’ heightened sophistication- from spam generation to phishing personal details. In Patel’s case, the scammer phished his private details and tried acquiring a one-time reset code, signifying the IT savviness of these offenders.

Patel’s ordeal has thrown a spotlight on the safety of Apple’s ‘iForgot’ system and a potential loophole that allows endless password reset requests, ideal for malicious intents. This unveiling calls for an immediate review of the system’s security measures.

The Apple community is eagerly awaiting the tech giant’s response. In the meantime, users are advised to be vigilant, ensure regular software updates, and if any mischief is suspected, promptly report it to Apple’s customer support team or a trusted cybersecurity agency.

The post Apple users targeted in relentless password scam appeared first on SmallBizTechnology.

The U.S. dollar gains strength due to speculation over imminent inflation figures, creating a bullish atmosphere. The fluctuating yen value is scrutinized for signs of potential regulation and policy modifications, highlighting the risks associated with economic conditions.

Market volatility is significantly influenced by investor emotions concerning prospective rate reductions from top central banks. Reduced interest rates ignite investor optimism, sparking financial market activity. This sentiment pendulum creates an unpredictable investment landscape, magnified by central bank decisions uncertainty.

Rapid shifts in investor emotion and market volatility serve as investing underlying risks reminders, emphasizing a diversified portfolio’s importance and a well-considered long-term strategy.

Saudi Arabia experienced a dramatic FDI increase in the last quarter of 2023, showing FDI inflows rose to 13.1 billion riyals ($3.49 billion), a 16% rise from the third quarter.

Investor expectations influencing currency markets

This data confirms the Kingdom gradually draws the global investment community’s attention, capitalizing on its strategic location connecting Europe, Africa, and Asia.

The ‘Invest Saudi’ initiative launch focuses on essential sectors, providing overseas investors an open-door policy and myriad opportunities in the Middle East’s fastest-growing economy. To sustain investment momentum, the country must foster an attractive and stable business environment.

Farmer Ismail Ibrahim, facing an irrigation water shortage, is transitioning towards sustainable farming methods from growing date palms to ‘sidr,’ or jujube trees, that require less water. His adaptation reflects a response to decreasing water sources in the area and aligns farming practices with sustainability goals.

The transition to more sustainable farming methods paints a hopeful picture for Iraq’s agriculture future, despite many challenges. This change depends largely on support and resources offered by local authorities and international organizations.

The move towards ‘sidr’ highlights traditional knowledge’s invaluable role in modern environmental challenges response. Consequently, this development underscores the need to ensure that sustainable farming becomes the norm rather than the exception.

Brigid Riley compiled the article, edited by Lincoln Feast and Sonali Paul. The team’s dedication to delivering quality content is truly commendable, with audience feedback overwhelmingly positive, praising the meticulousness and integrity of the team’s efforts.

The post Investor anticipation shapes dollar and yen markets appeared first on SmallBizTechnology.

This recent deal will amplify the stature of Take-Two Interactive’s portfolio, granting them rights and control over four significant studios, which include the aforementioned Gearbox Software, Gearbox Montreal, and Gearbox Studio Quebec.

While the acquisition signifies a significant shift, Embracer Group retains several key rights and assets. This includes the rights to Gearbox Publishing San Francisco (previously known as Perfect World Entertainment), and highly-regarded games such as Remnant and Hyper Light Breaker, plus some yet-to-be-disclosed games.

The acquisition process is set to be completed by the end of June. Post acquisition, Gearbox will be integrated into Take-Two’s portfolio, aligning with 2K division, which was recently assimilated. Gearbox’s founder and CEO, Randy Pitchford, remains at the helm – a decision that cements confidence in his vision and leadership capacities.

Take-Two’s strategic Gearbox acquisition overview

Amid the internal restructuring, Gearbox Entertainment harbors plans to develop fresh iterations of games. Key among these are the popular Borderlands and Homeworld franchises. Also, there’s a rumored development of a new original property.

In an interesting twist of the deal, the acquisition value of $460 million will not be paid in cash. Embracer Group will instead be compensated with equivalent Take-Two shares. This is a stark departure from Embracer’s initial purchase of Gearbox, which amounted to $363 million, paid in cash.

Take-Two and Gearbox share a history of fruitful partnership, exemplified through joint successes like the Borderlands series and the 2016 Battleborn project. However, the recent offloading of some studios by Embrancer Group could hint at a strategic pivot in the company’s approach to its gaming business.

The post Take-Two Interactive acquires Gearbox for $460 million appeared first on SmallBizTechnology.

Actions are being taken to minimize potential harm, with the Bank of Japan stepping in to stabilize yen volatility. Sensitivity in foreign exchange markets prompt the need for strategic planning and instant responses to maintain global financial equilibrium. Unquestionably, the potential consequences of dollar and yen fluctuations necessitate carefully watchful eyes from stakeholders globally.

Ismail Ibrahim, an Iraqi farmer, has switched from traditional date palm cultivation, now opting for “sidr” or jujube trees in the face of the ongoing water crisis. The promising results propound that adaptation strategies towards environmental crises can lead to economic viability and prosperity. The shift to drought-tolerant crops could provide both agricultural sustainability and food security in the region.

Despite uncertainty, worldwide bond and equity markets remain optimistic, balancing concern and enthusiasm over reductions in interest rates by significant central banks.

Global responses to rising dollar

The markets ended the first quarter positively, suggesting more significant shifts among investors. Investors now prioritize factors such as potential impacts of trade wars and global politics while making their investment decisions.

Market dynamics in the Middle East, particularly in Saudi Arabia, is looking promising. Government figures showcase a 16% rise in foreign direct investment (FDI) in the last quarter of 2023, increasing confidence among international investors. This can be attributed to strategies like economic diversification and governmental policies like privatization of state-owned entities and introduction of new foreign investment laws.

The prevalence of emerging markets offers opportunities and challenges for the global economy. Their impact influences economic policymaking, employment patterns, and shifts in power balance between nations. The connection between politics, technology, and economics shapes the strategic decision-making in global business. Therefore, understanding and effectively adapting to them becomes essential for businesses to thrive in a rapidly evolving economic environment.

The post Dollar rise prompts global economic adjustments appeared first on SmallBizTechnology.

The company recently secured an extra $67 million, which bolsters its total worth to a staggering $1.4 billion. Liquid Death pulled in an impressive $263 million in revenue in 2023, a figure indicative of the company’s potential for growth. Michael Jones from Science Ventures backs Liquid Death, citing its potential to emerge as an industry leader.

Beverage industry trends are increasingly mirroring those of the tech sector, with startups like Liquid Death aiming to revolutionize their categories. The edgy branding, a focus on sustainability, and inventive marketing strategies are luring in a whole new generation of consumers. Liquid Death, prioritizing sustainability, packs its mountain water in recyclable aluminum cans as opposed to plastic.

Dan Buckstaff, Chief Marketing Officer of Spins, envisions a promising future for brands following Liquid Death’s footsteps.

Innovative approach reshaping beverage industry

These brands offer healthier alternatives to alcohol with a similar marketing approach, catering to the growing number of consumers seeking to reduce their alcohol intake. Such brands are redefining the beverage industry by merging health-conscious options and social drinking.

Dillon Dandurand, the mind behind Not Beer, echoes Buckstaff’s sentiments. He emphasizes the vital role branding and flavor play in the success of a beverage in this high-stakes market. His brand was created in response to the falling alcohol consumption trend among Gen Z.

Furthermore, the appeal of the beverage industry is expanding, with trends leaning towards healthier and sustainable options. Brands are offering beverages enhanced with vitamins, dietary supplements, and botanical extracts. An example of such innovation is AQUAhydrate, co-founded by Mark Wahlberg and Diddy, offering an advanced electrolyte formula combined with elevated alkalinity.

These developments highlight the need for companies to adapt and evolve, reinforcing the importance of maintaining an innovative approach in offering healthier and sustainable options to increasingly conscientious consumers.

The post Liquid Death reshapes beverage industry with innovative approach appeared first on SmallBizTechnology.

This jeopardization heightens the pressure on cryptocurrency exchanges and potentially affects the future of digital currencies. The key issue driving this decrease in value is an upcoming lawsuit initially lodged early this year, alleging that Coinbase participated in “unregistered sales of securities.”

Despite efforts to nullify the charge, Coinbase’s attempts were frowned upon as the judge presiding did not agree. The lawsuit dates back to June when concerns about Coinbase’s operational protocols were first raised. It sparked disputes, alleging the company misrepresented operations and misled customers. Coinbase, however, maintained its stand on strict regulatory compliance.

In response to rising customer discontent, the company reassessed its operational management and protocols.

Coinbase lawsuit amidst trading hurdles

This marked the onset of a prolonged legal battle that could potentially tarnish Coinbase’s reputation in the cryptocurrency domain, however, Coinbase remained steadfast, reiterating commitment to ethical practices and customer satisfaction.

Contrarily, Coinbase’s situation isn’t all grim. Market speculations indicate prospective developments, suggesting regulatory changes that could favour the company, providing a lifeline to its declining shares. The integration of innovative crypto products and services could contribute to additional revenue streams. Additionally, possibilities of global expansion, wider public acceptance of digital currencies, and increased institutional investor adoption, could depict brighter days ahead.

Finally, while the current scenario is threatening for Coinbase, plausible future developments could differential the conditions. Favorable regulatory changes or advancements in security technology could significantly strengthen Coinbase’s status. Also, the development or adoption of new cryptocurrencies could potentially widen audience reach, thus expanding their customer base. Adaptations towards these potential circumstances could thrust Coinbase to the vanguard of the crypto industry.

The post Coinbase battles lawsuit amid trading challenges appeared first on SmallBizTechnology.

According to Fink, the solution to this emerging crisis relies on a change in the way we plan for retirement. Drawing on the active measures taken in response to the 2008 mortgage crisis, Fink asserts a similar nationwide effort is essential to ensure a decent standard of living for future retirees.

Fink outlines his proposed solution urging employees to proactively invest in personal retirement plans. He also underscores the importance of a serious dialogue regarding the current state of the Social Security system and its outdated reliance on old life expectancy models. Furthermore, Fink advocates for robust financial education, utilization of technology for personal investment, and urgent government reform in the Social Security system.

Fink asserts the Social Security system needs recalibration in line with today’s increased life expectancy.

Fink’s solution to looming Social Security crisis

Originally established in 1935 operating on a “pay as you go” basis, the system has suffered due to rising life expectancy and a decrease in birth rate. Fink suggests a system revamp to ensure its sustainability, potentially involving changes to age of eligibility or benefit calculation.

Fink attributes the impending crisis to increased life expectancy due to medical advancements. He notes the lack of adequate funding to support individuals during their extended lives and stresses the need for societal focus on the quality of our extended lives.

Notably, Fink points to a small percentage of Americans having retirement plans, citing challenges such as high costs, limited access to employment-based schemes, and complex enrollment processes. He suggests systemic changes to address these issues, including retirement investment as a default option, the streamlined transfer of 401(k) accounts, broader financial education, reevaluation of social security policies, and tax incentives for companies offering robust retirement benefits.

Lastly, Fink stresses the importance of building trust and transparency within younger generations about the system. He advocates guiding them towards effective long-term investment planning, retirement planning, and leveraging technology to make investing more accessible, and in turn securing their financial stability.

The post Fink urges reform for impending Social Security crisis appeared first on SmallBizTechnology.

Y Combinator adopts a unique investment strategy, promising $500,000 to each startup finishing its training program. Of this, $125,000 goes towards a 7% equity stake and the rest for the startup’s subsequent equity round. In addition to this financial boost, a three-month intensive training program is provided to the selected startups.

Mentorship and training don’t stop after the program concludes.

Garry Tan’s tiered funding strategy for startups

Y Combinator is known to offer long-term support to these startups. Famous alumni of the program include big names like Dropbox and Airbnb, offering connection opportunities to the startups for future growth and success.

Y Combinator’s latest move is a three-tiered fund strategy. The strategy includes a fund for initiating investments, a second for finishing the first round of investments, and a third for continual investment into successful startups. This diversified investment strategy allows better risk management and doesn’t rely solely on one venture’s success.

Since Garry Tan became CEO in January 2023, he has been working on streamlining the company’s fundraising model. This included pausing the Continuity fund and focusing more on direct deals with potential startups. His changes have been applauded by the industry and wave a clear path towards nurturing the growth of nascent businesses.

Despite facing challenges and criticisms, Tan remains focused on making Y Combinator more agile. Partner Harj Taggar revealed plans to develop software to track fundraising efforts and standardize investments, further echoing Garry Tan’s vision to make Y Combinator more efficient and adaptable.

The post Garry Tan raises $2 billion for Y Combinator’s tiered investment strategy appeared first on SmallBizTechnology.

The Vivo X Fold 3 Pro, Vivo’s flagship for this year, boasts a 5,700mAh battery, a 6.53-inch OLED cover screen, an 8.03-inch OLED foldable inner screen, and a 108-megapixel main camera. It’s powered by a Snapdragon 888 Plus chip and features a 32-megapixel front camera, perfect for capturing quality selfies or hosting video conferences. With its 5G compatibility, this device promises high-speed internet browsing and smoother user experience.

Despite sporting a streamlined design, the Pro variant offers striking camera features, including two 32MP front-facing cameras, and a 50MP main camera. The Pro variant also features a 6.7-inch OLED display, encased in a sleek metal frame.

Vivo’s foray into foldable phone industry

The device is equipped with a robust 5000mAh battery and dual speakers, offering a great audio experience. With a wide range of storage options from 128GB to 1TB, the Pro variant meets various storage needs.

Vivo caters to budget-conscious consumers with the X Fold 3 model. Though powered by the slightly less powerful Snapdragon 870 chipset, the X Fold 3 remains an attractive choice for consumers seeking affordable foldable smartphones. The model maintains a booklike fold design, ensuring easy single-handed operation, and includes a side-mounted fingerprint scanner for quick access.

The X Fold 3 and X Fold 3 Pro position Vivo to pose a significant challenge in the foldable phone market, directly competing with Samsung’s Galaxy Z Fold 5. Both new Vivo devices offer superior camera capabilities and impressive battery life, with especially designed night mode for better low-light photography, along with innovative software optimization for enhanced battery efficiency.

The Vivo foldable phones are characterized by their refined, lightweight design and larger rear camera sensors, delivering high-quality image capture. Vivo’s bold move in the folding phone market will inevitably command significant industry attention.

The post Vivo enters foldable phone market with new releases appeared first on SmallBizTechnology.

While the strategic plans for the AI division have not been revealed, industry stakeholders anticipate big developments. Both Inflection and Microsoft are expected to push AI technology even further, drawing on each company’s unique strengths. Together, they aim to shape the future of AI.

The biotech sector, despite skepticism regarding a lack of regulation, is making strides with companies like Parallel Health, Tiny Health, and Daye focusing on tailored health solutions. By investing in rigorous research, they hope to pioneer personalized medicine solutions.

Simultaneously, these companies face the challenge of delivering assurances and transparent communication about their processes and procedures. Furthering robust solutions through momentum and refinement will not only benefit the healthcare sector but also improve patient well-being.

The tech industry sees a surge in AI interest with Astera Labs’ initial public offering skyrocketing by 72% on debut day. This increase in AI investment signals possible growth, with analysts suggesting that the potential of artificial intelligence is infinite.

Microsoft’s AI acquisition: Inflection integration

This trend impacts a variety of sectors from healthcare to manufacturing and even digital assistants.

Messaging app, Telegram, recently raised an impressive $330 million through bond sales leaving experts speculating about potential expansions and innovative features. With increased funds, the platform now has a lot of avenues for exploration.

In progressive moves, the insurance sector is innovating through the concept of “embedded insurance”. This approach integrates insurance into the shopping cart model, streamlining and personalizing insurance plans based on individual requirements. This shift in strategy not only revolutionizes health tech companies operating methods but also makes insurance more accessible for users.

The trend of “embedded insurance” and “embedded health” paves the way for quick claim settlements and reduces the risk of fraud. This shift signals a future where technology is at the heart of the insurance sector.

On the sustainability front, a new software developed by a startup helps small and medium businesses to track carbon footprints, making environmental consciousness more manageable. The software helps businesses make informed decisions about eco-friendly practices and promotes responsible, sustainable operations.

Startups continue to show resilience and adaptability despite numerous challenges. Owing to innovation, these enterprises continue to shape economic trends worldwide. Tech giants and startups alike offer a promising vista to investors, customers, and entrepreneurs alike. They are becoming hubs of opportunity – driving economic growth, improving quality of life and charting the path for future investments in the tech industry.

The post Microsoft acquires AI startup Inflection, fuels innovation drive appeared first on SmallBizTechnology.

Initially, it was feared that around $40 million was at stake. Thankfully, 15,000 conscientious individuals returned the extra funds they had accrued due to the malfunction, aiding the bank significantly in recouping its losses.

However, around 567 people have yet to return the funds. In response, CBE has opted for the unusual step of revealing these individuals’ names and account details to encourage the funds’ return.

Ethiopia’s bank rebounds from system error

This move drew varied reactions, sparking debates among ethics committees worldwide.

CBE President, Abe Sano, stated even though the remaining amount might appear insignificant from a bank’s viewpoint, not reclaiming it totally may suggest a lack of diligence and responsibility. He highlighted the need to protect the bank’s integrity and implied the bank would take all necessary steps to reclaim the outstanding amount.

The news of this banking anomaly spread from March 16, with many university students benefiting from the malfunction. The incident led to widespread public demands for the return of the funds.

CBE has confirmed that a cyberattack did not cause the glitch; rather it was an unintended outcome of a routine system update and inspection. Despite this mishap, the Commercial Bank of Ethiopia maintains its commitment to its sizable customer base and stringent security measures. The bank reassures its 40 million account holders that it will prevent such issues from reoccurring, securing its position in Ethiopia’s economy.

The post Ethiopia’s Commercial Bank recovers most accidental funds appeared first on SmallBizTechnology.

The mission is simple. Leverage innovative solutions, challenge the status quo, and enhance American capabilities within these vital sectors. The end goal? To become the backbone of the country’s economy and drive prosperity for all.

“American Dynamism” is more than an economic accelerant. It also strives to increase national security by fostering advancements in the defense sector. Discipulus Ventures aims to reshape the American industrial landscape, improve defense capabilities, and pioneer hard tech advancements.

The uniqueness of the program lies in its conservative approach.

Discipulus Ventures: Fostering American Dynamism

Founders with strong family relationships, religious beliefs, and nationalistic enthusiasm will take the center stage. The initiative seeks to inspire a business mindset resonating with Norman Rockwell’s vision of America.

Co-founder Jakob Diepenbrock has been quick to respond to the shift in societal values witnessed since the late 20th century. He noticed a decline in nationalism and family aspirations, being substituted by a trend among individuals seeking wealth.

From his observations, university students seem to increasingly view entrepreneurship as a method for quick wealth accumulation, often creating businesses with no substantial mission. He noted the need for budding entrepreneurs to bring compatibility and societal impact over fleeting wealth accumulation.

Diepenbrock, along with co-founders Isaac Yi and William Pan, attributes current restrictions on freedom of thought and expression within educational institutions as a significant challenge preventing students from addressing urgent national issues. Their initiative aims to counter this through community activities, mentoring sessions, and open dialogue platforms.

As a grand finale, a demo day is scheduled, where participants can present their business prototypes to a panel of potential investors. The program’s launch will take place in El Segundo, California, in the shadow of prestigious aerospace firms, strengthening the initiative’s focus on industrial and defense sectors.

The post Discipulus Ventures launches American Dynamism initiative appeared first on SmallBizTechnology.

A leading tech enterprise recently unveiled its eagerly-awaited augmented reality gadget. Unfortunately, far from stirring up excitement, the launch led to widespread disappointment. The gadget was expected to realize the vision of flawlessly merging digital life with tangible reality, but, turned out to be far from ready, thereby shaking users’ confidence in the technology.

The device touted a keyboard and mouse-less operation, with multiple cameras creating an augmented reality interface. While the gadget promised a sci-fi-esque control of on-screen elements through gesture recognition technology, mastering the intricate hand and finger movements posed a steep learning curve for users. Alongside, the device’s camera sensors struggled with accuracy and response time, leading to frustrating calibration and practice sessions.

Contrary to conventional laptops, this device’s capability to collect excessive data, even innocuous actions such as reading handwritten notes or passwords from other devices, was a major drawback.

Disappointment over latest augmented reality device

Critics slammed the device’s privacy-invading capabilities, and raised concerns about the ethical implications of manipulating vast amounts of data.

The device had significant usability issues. The lack of a user-friendly interface and the inconsistency in gesture recognition compounded the problem. Even basic operations like setting up and using the device proved challenging, causing users to view the device as more of a hindrance than a helper.

The product’s lack of focus on integral digital lifestyle aspects such as password storage and app integration was a potential turn-off for users looking for a comprehensive digital experience. Furthermore, the overly complex user interface, and lack of language support could exclude a significant user base, especially those not proficient in the default language.

Despite its innovative features, this device underlines the importance of aligning technology with real-world needs. It stresses on the need to balance user preferences and data security, before chasing after the latest tech trends. By designing technologies that cater to personal and practical considerations, we truly stand a chance at harnessing the incredible potential of innovations like augmented reality.

The post Augmented reality gadget fails to impress users appeared first on SmallBizTechnology.

This total amounts to roughly $103 million in unclaimed tax refunds.

The agency is now acclaiming these taxpayers to file their returns to recover their due refunds in order to avoid losing out on their rightfully earned money.

The IRS has announced that there is no penalty for filing a late return for those who are due a refund.

Around the country, nearly a million taxpayers are facing a May 17, 2021 deadline to file their tax returns and claim their remaining refunds for the 2020 tax year.

This includes states such as California, Texas, Florida, and New York, with high numbers of unclaimed refunds.

In 2020, the average median refund was $932, highlighting the significant sum taxpayers are likely to miss out on.

IRS Commissioner Danny Werfel has stressed the urgency for taxpayers to claim their refunds before the approaching deadline, urging those who haven’t filed a return yet to gather their financial documents which include W-2, 1098, 1099, or 5498 forms.

A previous three-year filing window was in place to claim tax refunds.

Unclaimed 2020 tax refunds in California

However, unclaimed funds were transferred to the U.S. Treasury after this period elapsed.

Taxpayers who have unfiled 2021 and 2022 tax returns will have their 2020 tax refunds held back until further submissions are made.

Although a deadline extension was granted for the 2020 tax filings due to the COVID-19 pandemic, the IRS has made clear that no similar concessions will be made in the future.

Taxpayers are encouraged to file on time to avoid losing out on their rightful 2020 tax refunds, and to avoid potential penalties for late filing and unfiled taxes for 2021 and 2022.

It’s advisable for taxpayers to seek professional tax advice for proper filing and handling of any potential financial issues with the IRS.

In order to reduce the number of unfiled tax returns and undisbursed refunds, it is imperative for individuals to be aware of tax laws and deadlines.

The post 88,000 Californians yet to claim 2020 tax refunds appeared first on SmallBizTechnology.

Despite the industry’s notorious reputation for high capital demands and low interest from venture capitalists, Liquid Death managed to raise over $267 million. The funds raised will help the company expand operations and sustain its brand momentum, hinting at a possible shift in venture capitalist prospects for the beverage industry.

Science Ventures’ director general, Michael Jones, expressed initial skepticism towards investing in the beverage sector. However, his faith in Liquid Death’s disruptive potential prompted his investment.

Dan Buckstaff, CMO at retail data company Spins, noted the innovative approaches of beverage startups.

Sustainable trend impacts beverage industry valuation

Liquid Death’s promotions and shelf positioning were inspired by the beer sector. In a similar vein, startup Dirty Lemon garnered attention with their unique text-to-order business model, essentially practising “conversational commerce”

Further expanding the boundary of the beverage industry is high-end startup Recess with their CBD-infused sparkling water. Others like MatchaBar are offering mindful drinking options with matcha infused drinks. These innovations are shaping what could be a new era in the beverage industry.

An informal survey by Buckstaff revealed that nearly half of the respondents order alcoholic beverages in social settings to fit in, indicating a significant market for non-alcoholic brands like Liquid Death that mimic alcoholic beverage branding.

Not Beer, another promising startup, is set to launch its premium non-alcoholic sparkling water on April 9, emphasizing sustainability and locally sourced ingredients. Founder Dillon Dandurand sees Not Beer as a movement towards a healthier, more environmentally-conscious world.

Elsewhere, companies like Odyssey are including cognitively-boosting ingredients such as lion’s mane and cordyceps mushrooms in their beverages, demonstrating continued innovation in the industry.

The post Liquid Death valuation hits $1.4 billion after big investment appeared first on SmallBizTechnology.

The partnership with Apple has instigated Baidu to mobilize their top machine learning experts to create a system that enhances the iPhone 16’s abilities. This venture marks a monumental phase for mobile technology and also strengthens Baidu’s international technology standing.

Apple’s decision to involve Baidu’s AI technology was motivated by China’s strict AI compliance measures. In the past six months, about 40 AI models, including Baidu’s Ernie bot, have been given the green light for public usage in the country.

Apple is historically known for externalizing the generative models for future devices and is currently exploring possibilities with GPT-4 and Gemini technologies. The intention is to improve operational efficiency by integrating GPT-4’s advanced machine learning capabilities and Gemini’s innovative technologies to deliver groundbreaking next-gen services.

CEO Tim Cook is positive about generative AI’s future at Apple, dropping hints about a significant disclosure concerning Apple’s GenAI strategy later this year.

Apple and Baidu’s collaborative AI project

This strategy includes contracts with news publishers for AI model development and the internal testing of a bot named “Apple GPT”.

The tech company has heavily invested in large language models, text and image comprehension. They have even acquired a Canadian AI-startup and expanded their AI team. Further, clues about Apple’s AI plans lie in their model called Ferret, which successfully combines text and image comprehension.

Moreover, Apple’s hardware expertise is widely recognized, especially the powerful M3 Max and A17 Bionic chips that can run generative AI programs. Future enhancements in Siri, Apple’s AI assistant, may involve more user-centered interactions.

Despite some skepticism about their AI focus, Apple sees its future through partnerships with other tech firms and continues to pursue significant technological advances. The tech giant collaborates with other industry leaders to augment their AI capabilities, thus refining user experiences and maintaining a competitive spot in the global tech arena.

In summary, anyone interested in technological advancements should be keenly watching Apple. Their efforts in AI development and strategic partnerships indicate how they intend to shape the future of technology.

The post Apple partners with Baidu for AI upgrade appeared first on SmallBizTechnology.

The laptop, available in a fingerprint-resistant ‘Midnight’ color, features a Liquid Retina Display, MagSafe charging, and two Thunderbolt ports, powered by Apple’s sturdy M3 chip. Its long-lasting battery life and the latest Wi-Fi 6 support ensure a reliable performance for long duration.

Typing has been made comfortable with the MacBook’s backlit Magic Keyboard, and cursor control is a precision job on its Force Touch trackpad. The MacBook Air’s aluminum case is made from 100% recycled aluminum, indicative of the company’s environmental goal.

In a similar vein, B&H is offering discounts on the 24-inch M3 iMac, with a reduced price tag of $1,199. The computer comes packed with 256GB of storage, 8GB of memory, and a 4.5K Retina display, all woven into a sleek, all-in-one framework.

A discount is also being offered on the 13-inch M1 MacBook Air, now retailing at a reduced $699 by B&H.

Amazon cuts prices on M3 MacBook Air

The device sports a 13-inch Retina display, Apple Silicon processor, 256GB of storage space, and 8GB of RAM. This MacBook Air variant also offers Wi-Fi 6 compatibility and two Thunderbolt ports for faster connectivity.

Finally, Amazon is running a discount on the new TS4 Thunderbolt 4 dock by CalDigit, lowering the price to $370. The device equips cutting-edge technology like the latest USB-C ports, Gigabit Ethernet, audio in/out options, and SD card readers for effortless data transfer. With its support for up to 98W laptop charging, it ensures your device is always ready to go. The device can connect up to two 4k displays or one 8k display, contributing to an enhanced viewing experience.

The post Amazon offers competitive discount on M3 MacBook Air appeared first on SmallBizTechnology.

Leading the progress is a German startup, Instagrid. They recently provided 80 portable batteries to the Swiss Federal Railways. These batteries are zero-emission, used for high-energy tasks such as welding, and can power lights and measuring instruments. Plus, they limit noise pollution, making them ideal for residential areas and night time work.

Instagrid’s team of 150 members has secured significant funding, allowing them to push forward eco-friendly power solutions.

German startup’s strides in green portable batteries

The company offers two main products: the Instagrid ONE – a portable power pack ideal for mobile charging, and the Instagrid LINK – a device that expands capacity for operating multiple devices at once. Principal funding aims to optimize production and expand distribution.

Furthermore, Instagrid has plans to release a new product, Instagrid MOVE, which is a larger battery with a 249kWh capacity to be towed by vehicles. This move is expected to occur by 2025. Alongside hardware, Instagrid has developed unique software to control power discharge and increase energy output, preventing overheating and extending battery lifespan.

Despite the optimism, Edward Barbour of Loughborough University questions the absolute replacement of diesel generators by these batteries, particularly for tasks that require high energy for prolonged periods. Barbour notes that the manufacturing costs, environmental impacts, and maturity of the technology need due consideration. However, with continued innovation and improvements in efficiency, these batteries could emerge as a solid alternative to conventional diesel generators.

The post German startup leads in eco-friendly portable batteries appeared first on SmallBizTechnology.

Based in Newark, California, Lucid Motors recently received additional funding from Ayar Third Investment, a subsidiary of the PIF. This fresh financial injection brings Saudi Arabia’s total share in Lucid Motors to approximately 72%, reinforcing the Newark-based firm’s positioning for growth and operational scaling.

Lucid Motors has outlined an intention to produce 20,000 units by 2024. This target figures higher than a previous goal of 8,500 vehicles set for 2023, and though it falls short of the 14,000 vehicles predicted by analysts, it reflects an ambitious push by the company.

Saudi fund boosts Lucid Motors investment

Lucid also aims to produce 50,000 units by 2026, despite challenges in marketing its high-end Air Sedan.

Peter Rawlinson, Lucid Motors’ CEO, acknowledges the company’s need for capital and emphasizes Saudi Arabia’s vital role in financing the startup. The continuous support from PIF throughout each funding round underlines this crucial relationship.

In addition to investing in Lucid Motors, the PIF has made significant strides in the Electric Vehicle sector, holding a $2 billion stake in Tesla until 2020 and initiating the National Automotive and Mobility Investment Company to boost EV production within Saudi Arabia.

The PIF-Network collaboration involves plans to establish a manufacturing facility in Saudi Arabia. Projected to be operational by 2026, the factory aims to produce 50,000 units per year initially, but has the potential to ramp up to a maximum output of 155,000 units annually.

The PIF has also partnered with Taiwan’s Foxconn to create Ceer Motors, aiming to develop the first EV brand in Saudi Arabia and produce half a million EVs annually by 2030. To date, the venture has assembled 800 vehicles from parts sourced in Arizona, indicating an optimistic start towards achieving their goal.

The post Saudi fund increases Lucid Motors investment to $10 billion appeared first on SmallBizTechnology.

One catalyst driving this shift is the notable retirement rate among financial advisors, which presently surpasses the rate of incoming advisors. Merrill Lynch has re-focused their program to encourage the cultivation of younger talent capable of managing the substantial portfolios of retiring advisors.

The industry is facing an alarming challenge, with approximately 40% of financial advisors projected to retire within the next decade. These professionals currently manage trillions in assets and their exit could potentially lead to substantial loss of expertise and client relationships. This makes succession planning a key issue for financial institutions, which are now required to strategize efficient transition of these wealth portfolios to the next generation of advisors.

Merrill Lynch is addressing the training challenges head on.

Intensified training for superior client management

In light of a high turnover rate among new advisors, the firm has strategically cut its training period from three years to 18 months. This move has the dual goal of better preparing advisors for their roles in a shorter time frame and creating a more appealing career path for potential recruits.

Currently there are approximately 2,300 trainees undergoing the Advisor Development Program at Merrill Lynch, preparing themselves to manage the company’s high-net-worth clients. Among the participants are ambitious individuals like Lindsey Clark and Dan Sanchez, who are anticipated to become proficient advisors by the spring and summer respectively. They, like others in the program, are extensively trained and mentored to offer the best service to Merrill Lynch’s high net worth clients.

The Merrill Lynch program is both flexible and rigorous, requiring a mandatory ten-week course but also granting provisions for those with industry experience and appropriate licenses to skip certain stages. This shows the firm’s dedication to creating well-equipped advisors while also recognizing pre-existing knowledge. This robust approach ensures successful navigation in the complex world of finance and underlines the company’s commitment to nurturing talent while maintaining high standards.

The post Merrill Lynch intensifies advisor training for top-tier client management appeared first on SmallBizTechnology.

Roberts, along with numerous other women, testifies to the significant setback caused by the change enacted by the Department for Work and Pensions regarding pension age, a move she claims she was uninformed about. The abrupt shift disrupted her financial stability. Allegedly, the Department’s failure to offer timely, accurate information has disrupted her retirement plans.

Disturbingly, Roberts found out about the adjustments through media reports, not via any formal communication from the Department. She describes her surprise, confusion, and sense of unsettlement about her retirement plans.

Pension policy turmoil distresses Swansea resident

She felt compelled to contact the Department directly for clarification on this important matter.

Roberts also suggests that the pension age adjustment has far-reaching implications beyond just financial ones. The delay in her retirement may have contributed to her heart attack, which occurred eight months post her retirement. She also observed other community retirees showing signs of health decline after delayed retirements. Her observation raises a major concern over retirement policies and calls for a reassessment.

Although Roberts agrees with equalizing pension ages, she criticizes the Tory governments methodology ever since 2011. Accusing them of being contrary on women’s issues and lacking sensitivity. She states that the government seems to view these women’s financial security as minor casualties in their push for equality, glossing over the historic pay disparity and societal expectations women have been subject to.

Increasing criticism on the changes in the pension age, underlines adverse impacts on individuals and families. The unsettled debate highlights a clear disconnect between government policies and societal needs. Recognizing the need for solution-oriented discussions to address the consequences of such reforms, Roberts calls for a fair and considerate transition for this crucial phase of human life.

The post Pension age adjustment exacerbates Swansea resident’s stress appeared first on SmallBizTechnology.

This sentiment has led to wide-ranging discussions on crafting strategies to cater to the void left by these inadequate loans. Unaddressed, this situation could pose a significant hindrance to the expansion of healthcare services, particularly those heavily reliant on financial assistance from firms like UnitedHealth Group.

Looking ahead, the healthcare industry aspires to negotiate better loan terms with UnitedHealth Group. Concurrently, sudden spikes in loan approvals – into millions – have been witnessed among three doctors, credited to recent upgrades from traditional to state-of-the-art technologies in their practices.

Such improvements appear to have positively impacted their creditworthiness, attracting potent investors and substantial capital infusions. Nevertheless, questions about the sustainability and risk management of such sudden increases in loan approvals remain.

The doctors, thrilled with their newfound funding, have been advised to exercise caution in their financial decisions.

Scrutinizing UnitedHealth’s loan policies in Healthcare

They are urged to engage in effective financial strategies and obtain counsel from experienced financial advisors.

All eyes are on the impact of these hasty loan approvals on the overall economic landscape. Notably, a mid-February cyber attack on Change Healthcare led to UnitedHealth proposing loans to medical providers, a suggestion criticized as inadequate for handling the financial repercussions.

Critics argue that UnitedHealth should strengthen its cybersecurity measures and provide more significant financial support to the impacted medical providers. In retort, UnitedHealth pledged to enhance its system security, remaining non-committal about larger financial aid.

Tensions continue to build between UnitedHealth and healthcare industry stakeholders, who argue for more dedicated efforts to mitigate the damage caused by the cyber attack. Amidst this, loan offerings increased noticeably after a virtual meeting involving UnitedHealth officials and Secretary for Health and Human Services, Xavier Becerra.

Some speculate that the loan surge could be connected to government initiatives to alleviate the current economic crisis. This has not deterred prospective borrowers, who view this as an opportunity to get their finances on track, despite potential over-borrowing risks.

The administration and UnitedHealth have not yet commented on these developments, as curiosity grows around the business strategies of large financial institutions during an economic downturn. Reporters Brittany Trang and Tara Bannow remain committed to providing ongoing coverage of the issue, serving as an exemplary model for aspiring journalists around the world.

The post Healthcare industry challenges UnitedHealth’s loan policies appeared first on SmallBizTechnology.

Institutional investors like MicroStrategy and Tesla are demonstrating a notable interest in Bitcoin, contributing significantly to its rising demand. There’s heightened concern that global political stresses and inflationary trends are leading to volatility in conventional currencies, causing investors to turn towards Bitcoin as a more reliable option.

Despite certain predictions suggesting an imminent crash due to its volatile nature, Bitcoin’s future is unpredictable. Despite the confusion, its surging prices haven’t deterred investors, who are seemingly unfazed by its unpredictable nature and lofty price tags.

The recent accumulation phase saw around 51,959 Bitcoins, approximately valued at $3.4 billion, pulled together by major investors in a single day, triggering a sharp price increase and setting off a bullish market trend.

This event underscores the significant influence wielded by major stakeholders in the volatile cryptocurrency market.

Bitcoin surpasses $71,000: Analyzing the impact

The anticipation surrounding the imminent Bitcoin halving event around April 19 is causing speculation of a dramatic surge in market cap.

Experts predict an elevated demand for Bitcoin post-halving, which, combined with recent institutional endorsements, is set to further boost the attractiveness of digital currencies. This underscores the necessity for investors to understand the implications of the halving event and its potential impacts on the market.

On March 14, a near 17% dip was observed from Bitcoin’s high of $73,738 to $61,494 on March 20. However, this plunge is regarded as a healthy market cycle correction and part of Bitcoin’s long-term upward trend.

A recent analysis by cryptocurrency market research firm, Kaiko, noted a significant sell-off post the closure of the U.S. market, highlighting the crucial role of time zones and different exchanges in influencing cryptocurrency market trends.

On the late night of March 25, Bitcoin demonstrated robust performance, rising by 5.2% to hit $70,252 after peaking at $71,000. This garnered global attention and led to an influx of investments in the cryptocurrency.

Despite minor fluctuations, the overall growth curve of Bitcoin remained largely unaffected and promising. The cryptocurrency market is clearly behaving differently from traditional markets, making it crucial for investors to factor in external influences such as market closures and time zones when making investment decisions.

The post Bitcoin breaks $71,000 amid rising institutional demand appeared first on SmallBizTechnology.

There have been encouraging developments in digital currency regulations, leading to positive speculation. The swell in Bitcoin ETFs on Nasdaq suggests a promising future for cryptocurrency investment. Farside analysts predict continued growth with investment stabilizing above the $15 million mark.

Despite some Bitcoin ETFs experiencing reduced inflows due to market uncertainties and regulatory concerns, experts predict the end-of-quarter to bring higher than usual inflows. This comes as interest in cryptocurrency markets continues to grow. Regardless of fluctuations in Bitcoin ETFs’ flows, Bitcoin has consistently seen a rise in value, recently exceeding $70k.

Popularity in meme coins, such as DOGE and Shiba Inu, has led to higher trading activity in the crypto market.

Boost in Nasdaq-listed Bitcoin ETFs stirs optimism

This has in turn, increased demand for blockchain analysis services leading to increased revenue for crypto exchanges. However, investors are encouraged to exercise caution due to the volatile nature of these coins.

TrueFi, a lending platform, announced plans to launch a protocol supporting tokenized real-world assets, leading to a 14% surge in its native token, TRU. Mainstream financial institutions are becoming more accepting of cryptocurrencies as the New York Stock Exchange experiments with NFTs and the London Stock Exchange plans a Bitcoin and Ether ETN market.

Bitcoin continues to maintain its position as a dominant cryptocurrency despite periods of turbulence. Crypto enthusiast Cathie Wood reaffirmed her belief in Bitcoin’s potential, standing by her $1.5 million price projection. Meanwhile, the head of digital assets at BlackRock claims that despite Ethereum’s popularity, customer interest has shown minor growth.

The regulatory landscape for cryptocurrencies remains complex. The ongoing legal dispute between Ripple and the SEC has escalated, with the SEC seeking a $1.95 billion penalty. However, FTX, a leading cryptocurrency exchange, is considering selling $884 million of Anthropic aerospace company shares to institutional investors, highlighting the growing intersection of traditional securities and digital assets.

The post Significant increase in Bitcoin ETFs boosts investor confidence appeared first on SmallBizTechnology.

The funding round was piloted by a Boston-based venture capital firm known for its SaaS expertise, among others. Various investors, such as Karman Ventures, Golden Section, and Second Century Ventures, along with real estate family businesses from New York and Toronto, also backed the project.

RealSage, headquartered in Toronto, continues to provide services in both Canada and the U.S. The firm intends to use this funding to beef up its presence in the American market where it currently holds an equal share with Canada.

The company’s unique value proposition is an AI-powered platform that consolidates fragmented data to guide operators in consequential decision-making.

RealSage’s $4M seed funding for market expansion

Leading, vertically-integrated Real Estate Investment Trusts (REITs) are among their significant clients.

The ultimate goal of RealSage aligns with the growing utilization of AI in the real estate sector, estimated to reach a valuation of $8.9 billion by 2026. They aim to support asset managers in making well-informed financial decisions to escalate their operational effectiveness and precision.

Moreover, RealSage is offering a fresh perspective to the industry by using AI for predictive insights instead of analyzing historical data. Their vision is to make data interactions more conversational, enabling users to accurately forecast future trends.

The post RealSage secures $4M for proptech expansion appeared first on SmallBizTechnology.