TopTechTrends

Accelerating retail personalization at scale

July 18, 2023
Today’s retailers are faced with a clear opportunity for transformation. Consumer expectations are constantly evolving, challenging retailers to keep pace. A blend of online and in-person shopping forged during the pandemic persists, forcing retailers to deliver a highly personalized omnichannel experience. And retailers’ values are becoming as important to consumers as their products and services.…

Meta’s latest AI model is free for all 

July 18, 2023
Meta is going all in on open-source AI. The company is today unveiling LLaMA 2, its first large language model that’s available for anyone to use—for free.  Since OpenAI released its hugely popular AI chatbot ChatGPT last November, tech companies have been racing to release models in hopes of overthrowing its supremacy. Meta has been…

Telegram raises $210 million through bond sales

July 18, 2023
Telegram raised about $210 million through bond sales this week from a number of investors, including its founder and chief executive Pavel Durov. The messaging app, used by over 800 million users each month, raised the capital by issuing bonds worth $270 million. “Because interest rates have gone up significantly since 2021, the bonds have […]

Tesla Q2 2023 earnings expectations: Cybertruck news and price cut effects

July 18, 2023
Tesla will announce its second-quarter earnings Wednesday after the bell. Investors will be listening out for more details on the much-delayed Cybertruck, as well as how Tesla’s many price cuts have affected automotive gross margins.  Wall Street estimates predict Tesla will bring in around $24.9 billion in revenue for the quarter, which is nearly 50% […]

WordPress Playground lets you run WordPress entirely in your browser

July 18, 2023
If you don’t keep up with WordPress ecosystem news, you might not be aware of a cool new project called WordPress Playground. And I include myself in this group as I had never heard of WordPress Playground until the project page was submitted to Hacker News a few days ago. But WordPress Playground is so […]

Apple and Amazon fined $218M for ‘brand gating’ in Spanish antitrust finding

July 18, 2023
Spain’s antitrust authority has fined Amazon and Apple a total of €194 million (~$218M) for unfairly restricting competition around the reselling and marketing of Apple kit and other products on the ecommerce giant’s local ecommerce marketplace. The penalties break down into around $161M for Apple and just under $57M for Amazon. The country’s competition watchdog, La […]

OnlyFans CEO Ami Gan steps down

July 18, 2023
After about two and a half years as CEO, Ami Gan is leaving OnlyFans. Chief strategy and operations officer Keily Blair will take over as CEO. “Spending nearly 3 years at OnlyFans while it echoed throughout the cultural zeitgeist, has been beyond rewarding,” Gan wrote in a Twitter thread. OnlyFans is perhaps the best-known creator […]

Smartphone shipments continue to decline as secondhand and premium markets thrives

July 18, 2023
The smartphone market has been in decline for the last few quarters, and that’s not surprising given global economic condition. A pair of reports from analytics firms Counterpoint and Canalys suggests that the trend is continuing, even though there are signs of recovery in the future. The reports note that buyers are still looking for […]