The South African Reserve Bank has taken a 50% equity stake in PayInc, establishing it as a national payments utility. This public-private partnership aims to modernize South Africa’s payment ecosystem for greater security and inclusion.
Google unveiled Project Suncatcher, a radical plan to run AI workloads on solar-powered satellites in space. The project aims to overcome Earth’s energy constraints by tapping into near-continuous solar power in orbit. Prototype satellites are planned for launch by early 2027.
Five years after the Xbox Series X launched at $500, Microsoft’s console strategy has fundamentally changed. With hardware sales down 22% and major exclusives going multiplatform, Xbox faces an existential question about its future in gaming.
Block is rolling out Bitcoin payments to its 4 million Square merchants worldwide. The system uses Bitcoin Lightning Network for fast, low-cost transactions. This comes as Block seeks new revenue streams after disappointing Q3 earnings.
Hyundai AutoEver America suffered a major breach between February 22 and March 2, 2024, exposing sensitive customer data. This marks the automotive giant’s third major security incident in three years, raising serious questions about their data protection practices.
Short-term rental company Sonder Holdings is filing for Chapter 7 bankruptcy and winding down US operations. The collapse follows Marriott International abruptly ending their booking collaboration, causing massive financial losses.
The Chan Zuckerberg Initiative is making a massive pivot from education and housing to exclusively focus on curing all diseases using artificial intelligence. They’re committing to 10x computing power by 2028 and betting big that AI can achieve what traditional biology can’t. It’s either wildly ambi
Wikipedia is telling AI companies to stop scraping its content and use its paid Enterprise API instead. The nonprofit saw an 8% drop in human traffic while AI bots overwhelmed its servers. Now they want attribution and financial support from AI developers.
AMD has stealth-launched a new Ryzen 5 7500X3D gaming processor that’s only available in Micro Center’s PowerSpec pre-built desktops. The chip appears to be a slightly scaled-back version of the existing 7600X3D with no official announcement from AMD. This continues AMD’s pattern of retailer-exclusi
Airbnb’s blockbuster December 2020 IPO saw shares soar 113% on day one, valuing the company at $103 billion. But CEO Brian Chesky describes the experience as profoundly lonely and isolating. He’s now rebuilding personal connections after taking advice from an unexpected mentor.
