Twitter says no more layoffs for employees who decided to stay! Read more tech news here
Good morning tech, here are some quick tech updates for you to catch on to!
New Today: An AI robots Kashef takes the historical data and performance of players to predict the results for each game at the FIFA World Cup.
Fast Track Insights: Researchers claim that FTX-based service has been used to launder hundreds of millions of dollars that were stored on the exchange.Elon Musk declares that there would be no more layoffs at Twitter, at least for now. He also says that he has no intention of moving the company’s headquarters from San Francisco. Musk declared the good news in a second meeting after warning employees that bankruptcy might not be out of the question. This is apparently the first time that Musk ceased the waves of job cuts since he took control.An artificial intelligence prediction model, known as Kashef, is taking into account the historical data and performance to predict the results of each game, all way to the final rounds. The predictions would include the number of wins, goals scored, FIFA ranking and so much more, starting from the matches played over the past century.
Experts at Capgemini collaborated with the University Hospital Bonn and Amazon Web Services to develop an artificial intelligence model that will accelerate the speed of clinical trials aiming to establish new treatments and solutions for River Blindness. It is a neglected tropical disease that affects over 20 million people globally. This new treatment could save years of work and speed up the development of new treatments.Crypto industry leader, Genesis Trading has warned that might soon be facing bankruptcy. Earlier, the platform’s lending arm suspended services and spent the weekend on fruitless fundraising efforts. The catastrophic failure of FTX is one of the many reasons why Genesis is facing these abnormal circumstances. The company is adding to the growing list of cryptocurrency companies that are facing the collapse after the FTX fall. Reports claim hackers stole around US$477 million worth of cryptocurrencies from the collapsed FTX exchange to launder the funds from Bitcoin. The stolen money is then converted into digital coins and changed into Ethereum. Experts claim that hackers are converting Ether into a crypto product called RenBTC which is then converted into Bitcoin via a bridge. Twitter Inc chief executive Elon Musk said new user signups to the social media platform are at an "all-time high", as he struggles with a mass exodus of advertisers and users fleeing to other platforms over concerns about verification and hate speech.Elon Musk shares glimpse of Twitter's new look, calls it Twitter 2.0.Musk said user active minutes were at a record high, averaging nearly eight billion active minutes per day in the last seven days as of November 15, an increase of 30% in comparison to the same week last year. The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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