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Meta Plans New Layoffs to Focus on High-Performing Workforce
Meta is preparing for another round of layoffs targeting “low-performing” employees as part of a more aggressive approach to performance management. CEO Mark Zuckerberg announced the decision in an internal memo, outlining plans to streamline the company’s workforce and refocus its talent pool. The layoffs are expected to affect about 5% of employees, with notifications […]
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Nvidia Backs Taiwanese Startup MetAI to Revolutionize Industrial AI with Rapid Digital Twin Technology
Meta Description: Nvidia invests in MetAI, a Taiwanese startup transforming industrial AI with rapid digital twin tech, enabling faster, scalable robotics and automation. Nvidia has taken a significant step into the world of AI-driven industrial simulations by investing in MetAI, a Taiwanese startup specializing in the creation of simulation-ready digital twins. The $4 million seed […]
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What is Snort in Cybersecurity? Understanding the Open-Source IDS
It’s essential to have tools that help detect, analyze, and mitigate threats. One such tool is Snort, an open-source intrusion detection system (IDS) used worldwide to detect and prevent network intrusions. So, what is Snort in cybersecurity, and how does it enhance network security? Snort is a powerful tool that monitors network traffic for signs […]
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What is RAT in Cyber Security? A Complete Guide to Remote Access Trojans
In today’s digital world, cybersecurity threats are more prevalent than ever. One such threat is a Remote Access Trojan (RAT), a type of malware designed to remotely control an infected computer. Understanding what a RAT is in cybersecurity is crucial for both individuals and organizations to safeguard against these dangerous attacks. RATs are often disguised […]
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Will Smith Eating Spaghetti and Other Quirky AI Benchmarks That Dominated 2024
2024 saw the rise of bizarre yet captivating AI benchmarks that had the tech world buzzing. From Will Smith slurping spaghetti to AI mastering Minecraft castles, these unconventional tests offered a quirky lens into the ever-evolving world of artificial intelligence. While academic benchmarks remain crucial, these viral challenges became cultural phenomena, showcasing AI’s capabilities in […]
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What Is Rapid Elasticity in Cloud Computing? A Complete Guide
Rapid elasticity is a fundamental feature of cloud computing, ensuring that IT resources dynamically scale to meet fluctuating demand. This capability allows businesses to achieve cost efficiency and maintain seamless operations even during traffic spikes or reduced usage periods. In this article, we’ll explore the rapid elasticity in cloud computing, its benefits, implementation strategies, and […]
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Calo Raises $25 Million to Expand Personalized Meal Delivery Service Internationally.
Middle Eastern startup Calo has announced a $25 million Series B funding round, setting the stage for significant expansion beyond the Gulf region. The Riyadh-based company, known for its ready-to-eat meal delivery services tailored to health-conscious consumers, is poised to revolutionize the global meal delivery market. With operations in Saudi Arabia, UAE, Kuwait, Qatar, and […]
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Africa’s Fintech Revolution: TymeBank and Moniepoint Achieve Unicorn Status
Africa’s tech ecosystem has been invigorated by the recent achievements of two fintech startups, South Africa’s TymeBank and Nigeria’s Moniepoint. Both companies have joined the prestigious ranks of unicorns, achieving valuations exceeding $1 billion after securing substantial funding rounds. These milestones underscore their success in adapting fintech models to Africa’s unique landscape, a region where […]
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Space Industry Reaches New Heights with Groundbreaking Achievements in 2024
The space industry continued its meteoric rise in 2024, marked by a series of groundbreaking advancements, historic missions, and notable challenges. This year showcased the dynamic evolution of space exploration, driven by technological innovation, increased collaboration, and bold private-sector initiatives. Among the most significant moments were milestones achieved by industry giants like SpaceX, ambitious lunar […]
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PharmEasy’s Value Slashes by 92% After Investor Cuts Stake Valuation, Reflecting Struggles in the Market.
PharmEasy, India’s once high-flying online pharmacy, has faced a dramatic drop in its market valuation, now pegged at a mere $456 million. This drop comes after Janus Henderson, an investor in the startup, publicly revealed that its stake in PharmEasy, consisting of 12.9 million shares, was now valued at just $766,043. This latest valuation marks […]
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