AI could affect 40% of jobs and widen inequality between nations, UN warns

Posted on April 4, 2025 by Techme101

Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology’s benefits remain highly concentrated, UNCTAD says.

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Midjourney releases its first new AI image model in nearly a year

Posted on April 4, 2025 by Techme101

Midjourney, one of the earliest AI image-generating services on the web, has released its first new AI image model in nearly a year. Dubbed V7, the model, which began rolling out in alpha around midnight Eastern on Friday, comes a week after OpenAI debuted a new image generator in ChatGPT that quickly went viral for […]

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Who might buy TikTok as ban deadline looms? Amazon joins bidders

Posted on April 4, 2025 by Techme101

Oracle and the founder of OnlyFans are also among names that have cropped up as the president seeks to broker a deal.

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Amazon’s new AI agent will shop third-party sites for you

Posted on April 4, 2025 by Techme101

Amazon is starting to test a new AI shopping agent, a feature it calls “Buy for Me,” with a subset users, the company announced in a blog post Thursday. If Amazon doesn’t sell something that users are searching for, the Buy for Me feature will display products to users that other websites are selling. Then, […]

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Federal judge allows the EFF’s lawsuit against DOGE and Elon Musk to proceed

Posted on April 3, 2025 by Techme101

A federal judge ruled on Thursday that a lawsuit attempting to stop the Department of Government Efficiency from obtaining records on millions of Americans may proceed. In conjunction with privacy watchdog the Electronic Frontier Foundation and two labor unions, more than 100 current and former federal employees sued DOGE, the U.S. Office of Personnel Management […]

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E.U. Prepares Major Penalties Against Elon Musk’s X

Posted on April 3, 2025 by Techme101

European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.

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Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending

Posted on April 3, 2025 by Techme101

Fintech and credit card stocks were hit particularly hard in the market rout that followed President Donald Trump’s tariff announcement.

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Microsoft at 50: Bill Gates is Gifting Everyone With the Company’s Original Source Code

Posted on April 3, 2025 by Techme101

Bill Gates wrote, “Before there was Office or Windows 95 or Xbox or AI, there was Altair BASIC.”

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Amazon Kindle’s new feature uses AI to generate recaps for books in a series

Posted on April 3, 2025 by Techme101

Amazon is introducing a new “Recaps” feature for Kindle users to help them recall plot points and character arcs before picking up the latest book in a series. While the company’s press release for the new feature doesn’t mention AI, Amazon confirmed to TechCrunch that recaps are AI-generated. “We use technology, including GenAI and Amazon […]

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Grace raises €5.9 million seed to offer insurance to luxury goods

Posted on April 3, 2025 by Techme101

Grace, an insurance company for luxury goods, announced a $6.4 million (€5.9 million) seed round led by FinTechCollective and Speedinvest.  Grace, an insurance company for luxury goods, works with luxury brands to protect purchased consumer goods. If an item is stolen or damaged, a consumer can create a claim through the Grace app. For the […]

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