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Flex, which offers personal finance software and payments infrastructure for business owners, has raised $25 million in equity funding while securing a $200 million credit facility, it told technewss exclusively. The equity funds were raised at a valuation of “just under $250 million.” The co

If you spend any amount of time online, you probably noticed that your user experience keeps getting worse.  Websites are waterlogged with autoplay ads, pop-ups, and tracking scripts. Customer service chatbots are useless, despite the promises of generative AI. Social media algorithms boost r

Two trailblazing computer scientists have won the 2024 Turing Award for their work in reinforcement learning, a discipline in which machines learn through a reward-based trial-and-error approach that lets them adapt within constrained or dynamic environments. Andrew G. Barto, a professor emeritus

YouTube on Wednesday announced a new premium subscription tier called Premium Lite, which will allow users to watch “most” videos ad-free for $7.99 per month. With YouTube Lite, customers will be able to watch videos across verticals like gaming, fashion, beauty, cooking, news, and more

On Wednesday, Google announced the launch of a new AI image feature for its Shopping tab, designed to help users find clothing items they envision by allowing them to search using their own words. The company is also expanding its AR beauty and virtual try-on tools. The new feature, “Vision

U.S. technology giant Broadcom is warning that a trio of VMware vulnerabilities are being actively exploited by malicious hackers to compromise the networks of its corporate customers.  The three vulnerabilities — collectively dubbed “ESXicape” by one security researcher — affect VMwa

In addition to a new M4-powered MacBook Air, Apple on Wednesday launched a new Mac Studio, its desktop computer for professionals who need top-of-the-line performance. The company is trying something new with the Mac Studio as it lets you choose between the M4 Max or the M3 Ultra. The Mac Studio s

Apple on Wednesday introduced a new MacBook Air on its website, offering improved performance while retaining the familiar design. The new laptop is equipped with Apple's M4 chip, the most recent addition to the M-series chip lineup. The MacBook Air comes in two sizes. Customers can choose bet

A weekend hackathon project that lets AI agents talk on the phone with each other in a robotic language, one that’s incomprehensible to humans, has gone viral on social media over the past week. The project, called GibberLink, was created by two Meta software engineers during a hackathon co

CIA director John Ratcliffe has confirmed the Trump administration has paused its intelligence sharing operation with Ukraine, following a heated exchange between the two countries' leaders on Friday. In response to a question during an interview with Fox’s Maria Bartiromo on Wednesday,

Last month, Google announced the “AI co-scientist,” an AI the company said was designed to aid scientists in creating hypotheses and research plans. Google pitched it as a way to uncover new knowledge, but experts think it — and tools like it — fall well short of PR promises. ̶

Britain’s competition regulator, the Competition and Markets Authority (CMA), said on Wednesday that Microsoft’s partnership with OpenAI doesn’t qualify for an investigation under the merger provisions of the U.K.’s Enterprise Act 2002, the country’s anticompetitive pr

Foreign exchange fluctuations can make or break a business that trades across borders, but keeping up and responding to the FX market can be tricky if you're anything smaller than the world's largest enterprises. Today, a startup called Grain is emerging from stealth with a product that i

Here’s a blast from the past: Digg, one of the web’s early news aggregators, is now back under the ownership of its original founder Kevin Rose. Notably, he’s being joined as co-owner by Reddit co-founder Alexis Ohanian (both pictured above). Digg and Reddit were once fierce riva