October 2023

SBF Trial: The latest updates from the FTX collapse’s courtroom drama

October 6, 2023
Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is on trial for alleged fraud and conspiracy as he led the company’s swift rise and implosion. Over the course of several weeks, his attorneys will try to maintain his innocence against a wide-ranging series of accusations ranging from securities fraud to money laundering, to […]

AI app EPIK hits No. 1 on the App Store for its viral yearbook photo feature

October 6, 2023
Another week, another AI app going viral. This time around, the AI app that has surged to the top of the App Store is EPIK, an photo editing app that lets users generate nostalgic, 90s-inspired “yearbook” photos of themselves as one of its many templates. Similar to other recently popular AI apps, EPIK works by […]

Google, Apple face fines in South Korea for breaching in-app billing rules

October 6, 2023
South Korea’s telecommunication regulator, the Korea Communications Commission (KCC), said Friday that it plans to levy fines on Google and Apple, which could total up to $50.5 million, for violating the country’s in-app payment law.  According to the KCC statement, the two Big Tech giants abused market dominance to force local app developers to use […]

A comprehensive list of 2023 tech layoffs

October 6, 2023
Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. […]

Humans can’t resist breaking AI with boobs and 9/11 memes

October 6, 2023
The AI industry is progressing at a terrifying pace, but no amount of training will ever prepare an AI model to stop people from making it generate images of pregnant Sonic the Hedgehog. In the rush to launch the hottest AI tools, companies continue to forget that people will always use new tech for chaos. […]

Wisk Aero starts flight testing electric autonomous aircraft in Los Angeles

October 6, 2023
Electric vertical takeoff and landing vehicle company Wisk Aero has started flight testing a version of its autonomous air taxi aircraft in Los Angeles, according to CEO Brian Yutko. The flight test of its fifth-generation aircraft, also known as Cora, out of the Long Beach Airport near Los Angeles doesn’t necessarily mean that Wisk will […]