Author: precious

Year 2025 has already seen the emergence of 20 new tech unicorn startups despite the continued challenges they continue to experience in the venture capital market. A unicorn is a privately held startup company valued at $1 billion or more. As they have become more common in the past decade, companies or tech startups achieve the unicorn status through private funding rounds where venture capital firms, private equity investors, and other institutional investors provide capital in exchange for equity. These new minted unicorns span across multiple sectors and industries from Artificial Intelligence (AI) and Robotics to Healthcare and Satellite Technology,…

The European Union (EU) has ordered Apple to open its strictly controlled iOS ecosystem to competitors under the Digital Markets Act (DMA), a landmark regulation aimed at fostering and ensuring a fair competition in digital markets, with no adverse affects or uncomfortability on consumers. This directive, which comes after six months of the commission’s specifications proceedings that happened last year, further emphasizes the findings and measures they previously arrived at which is fulfilling the interoperability obligation. Apple is required and ordered to take two specific sets of measures – ensure interoperability between its iPhone and iPad operating systems and rival…

The European Commission (EU) has taken a significant antitrust decision against two tech giants, Apple and Meta, by fining them €500 million and €200 million, respectively, for violating the newly enacted Digital Markets Act (DMA). This landmark decision is the first financial penalties issued under the DMA, thereby highlighting the EU’s commitment to enforcing digital competition rules across the European markets. The DMA, which represents a comprehensive EU framework, was designed to create fair digital markets by preventing dominant tech companies from monopolizing the European digital market. It establishes guidelines that are aimed at enhancing consumer and business choices while…

The European Union (EU) is set on fully enforcing its digital rulebook taken from its Digital Markets Act (DMA) on large companies that have presence in the region, regardless of whoever is in charge, or what their nationality may be, EU President Ursula von der Leyen tells Politico. Politico quoted von der Leyen, President of the Commission, saying “That’s why we’ve opened cases against TikTok, X, Apple, Meta just to name a few. We apply the rules fairly, proportionally, and without bias. We don’t care where a company’s from and who’s running it. We care about protecting people.” She further…

In the ever-evolving world of artificial intelligence, OpenAI is once again raising the stakes with GPT-4.5. It’ll be unveiled as the company’s “last non-chain-of-thought model” – a language model that aims to simplify the complexities of previous ones. This bit of information came directly from OpenAI’s CEO, Sam Altman, who shared it on X (fka Twitter). With the aim of explaining the OpenAI Roadmap Update for GPT-4.5 and GPT-5, he first acknowledges that the company’s models and product offerings have become increasingly complex, and this new release aims to make them return to “magic unified intelligence.” GPT (aka Generative Pre-trained…

Tesla has now lost all the gains it accrued since Donald Trump’s November inauguration as U.S. President. In a staggering stock sell-off on Monday, Tesla’s market value crashed by 15%, wiping out $127 billion in a single day. The crash pushed Tesla’s total losses for 2025 to over 40%, underscoring deeper troubles for the electric vehicle (EV) maker, as well as a growing competition in the Chinese EV market. Since its peak at $479.86 on December 17, Tesla shares have lost more than 50% of their value, where over $800 billion was wiped out in its market capitalisation. China EV…

OpenAI’s latest reasoning models o3 and o4-mini represent significant advancements in the ever-evolving world of Artificial Intelligence (AI). However, these new models hallucinate by generating false or fabricated information at substantially higher rates than their predecessor model o1. The problem of AI hallucinations, where models generate plausible but false information, has long been recognized as one of the most persistent challenges in the development of Artificial Intelligence. Traditionally, newer AI models have demonstrated additional improvements in reducing hallucinations compared to their predecessors. However, the recent release of OpenAI’s o3 and o4-mini models seems to be an outlier and has shaken…

South Korea’s Personal Information Protection Commission says they have temporarily suspended the services of Deepseek from operating in their country, and it’ll be reinstated once “adjustments are made to comply with domestic personal information protection laws.” Deepseek, a Chinese Artificial Intelligence (AI) startup, owned and funded by the Chinese hedge fund High Flyer, has been taken down by the South Korean Government from their App Store. Right from its R1-model launch in January 2025, it has caused quite some stir in the AI industry, as it has been greatly considered a competition to ChatGPT, OpenAI’s most advanced technology. This is…

Over 200,000 messages from Black Basta, a notorious ransomware syndicate operating since 2022 and as a ransomware-as-a-service (RaaS), have been exposed by a member in retaliation to how the syndicate targeted Russian banks. These messages, spanning through a year, contain tactics and secrets the syndicate used in carrying out their ransomware operations. In November 2024, the Federal Bureau of Investigation (FBI), Cybersecurity and Infrastructure Security Agency (CISA), Department of Health and Human Services (HHS), and the Multi-state Information Sharing and Analysis Center (MS-ISAC) in a joint Cybersecurity Advisory (CSA), announced the activities of Black Basta and called the group “a…

Microsoft Corp. has reportedly paused and canceled projects on the expansion of data centers meant to cater to the rising AI industry. Microsoft, which has invested billions of dollars to expand the digital infrastructure powering cloud services to support OpenAI’s projects, is now re-evaluating the relationship they have, as OpenAI was touted by U.S. President Trump to be in a partnership with rivals like Oracle Corp., according to AP News. One of the many reasons that led to the cancellation of this expansion – an expansion that would have been one for the books – was the concerns surrounding oversupply,…