Tech
Elon Musk Could Become the Biggest Influencer on Twitter! Cryptocurrency Platform Kraken Cuts 1,100 Jobs
Elon Musk Could Become the Biggest Influencer on Twitter! Read More Tech News Below
Hello tech guys, here are some quick tech updates that you should definitely keep an eye on!
What’s new todayAmazon is about to make its AI Service Cards public so its customers are aware of the limitations of its cloud services.
Quick insights:FTX boss Sam Bankman Fried claims he did not attempt to commit fraud, that he had a full month and was essentially out of money.
Elon Musk has surpassed 120 million followers on Twitter and is the second most followed person on the platform after Barack Obama, who has 130 million. His popularity has grown tremendously after the whole Twitter acquisition ordeal. Elon Musk is not only a popular personality in the social media industry, but also in the tech and cryptocurrency industry. Mainly due to the recent controversy over the constant firings on Twitter, Musk’s fan following is set to grow rapidly.
Amazon Inc. is planning to distribute warning cards for software sold by its cloud computing division amid ongoing concerns that artificial intelligence systems may discriminate against different groups. Amazon’s AI service cards will be made public so its customers are aware of the limitations of its cloud services.
Automaker Honda will begin producing technology that will enable its Level 3 autonomous driving capability to operate at any speed below the legal limit on highways. In March 2021, Honda Motor became the world’s first automaker to sell a vehicle with Level 3 autonomous driving technology. Honda’s Level 3 “Traffic Jam Pilot” system can activate at speeds below 30 km/h on highways, remaining operational until speeds reach 50 km/h.
Cryptocurrency exchange Kraken plans to lay off 1,100 employees! The industry is also receiving similar news from DoorDash amid rising tensions in the economic and financial turmoil. The exchange says it is trying to cut expenses, which is why the company is forced to make such grim decisions. Before Kraken, there were several other cryptocurrency companies that laid off employees amid a gloomy macroeconomic climate.
Former FTX boss Sam Bankman says he didn’t attempt to commit fraud, in fact he had a really bad month and was almost out of money. FTX was the world’s second-largest cryptocurrency exchange that collapsed earlier this month, causing massive panic and losses in the cryptocurrency market. Many investors have still not been able to withdraw their funds from the platform.
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