The EU is planning an undersea internet cable to improve connectivity to Georgia and reduce dependence on lines running through Russia, amid growing concerns about vulnerabilities to infrastructure transmitting global data. The $49mn cable will link EU member states to the Caucasus via international waters in the Black Sea, stretching Read more…
Robinhood announced Wednesday that it will soon allow users to engage in 24-hour trading of select exchange-traded funds and stocks. As Fortune notes, this “will make it the first U.S. brokerage to provide overnight weekday trading in individual stocks.” The 24-hour trading service will allow round-the-clock trading in 43 securities Read more…
When the Ethereum blockchain moved away from using a technique for verifying transactions known as proof of work last September, crypto market demand for the specialized processors that performed these calculations disappeared virtually overnight. Companies that used and hosted GPUs, or graphics processing units, saw a key part of their Read more…
Developers increasingly get advice from AI chatbots and GitHub CoPilot rather than Stack Overflow message boards. While traffic to OpenAI’s ChatGPT has been growing exponentially, Stack Overflow has been experiencing a steady decline — losing some of its standings as the go-to source developers turn to for answers to coding Read more…
A key form of financing that startups rely on is shrinking, hurting new companies that are already starved for capital. The volume of venture debt, a type of loan that younger companies line up to help pay the bills, plunged to $3.5 billion in the US in the first quarter, Read more…
While General Motors has announced that it plans to phase out CarPlay in its EVs starting in 2024, Ford has just doubled down on long-term CarPlay compatibility. In an interview with The Wall Street Journal, Ford CEO Jim Farley laid it bare: “In terms of content, we kind of lost Read more…
Google’s latest Photos trick is a feature it’s calling Magic Editor, which uses generative AI to let you make major edits to a photo without professional tools. Google shared a couple examples of Magic Editor in action that are both pretty cool. In one, a photo of a person in Read more…