Generative AI Coming to the iPhone

Apple is in discussions with Alphabet to integrate Google's Gemini AI models into new iPhone enhancements slated for 2024.

Moreover, Apple has explored options with OpenAI (ChatGPT), indicating a broad interest in elevating its devices with cutting-edge AI capabilities.

This development offers iPhone users the potential of unprecedented intelligence and personalization.

Source: Read More

Reddit's IPO is 5x Oversubscribed

Reddi't IPO is four to five times oversubscribed. Hinting at a robust demand among investors.

The platform anticipates a valuation of $6.5 billion, with a target price range of $31 to $34 per share.

This represent a 40% trim down valuation from a 2021 $10 billion funding round. It's worth noting that in 2021 we all got a little crazy with near-zero interest rates.

Reddit has reserved 8% of its IPO shares for its users, moderators, and others closely tied to the community, showcasing an effort to involve its loyal base in its stock market debut.

Source: Read More

TikTok Has a Buyer

The U.S. House of Representatives passed a bill targeting to ban TikTok in the U.S. unless its Chinese owners sell their stakes.

The concern? TikTok's parent company, ByteDance, might pose a national security threat by potentially sharing U.S. user data with the Chinese government.

Former Treasury Secretary Steven Mnuchin is assembling an investor group to purchase TikTok. Mnuchin emphasizes the potential antitrust concerns a purchase by big tech companies might raise.

Meanwhile, TikTok enthusiasts and content creators anxiously watch as their platform hangs in the balance.

Source: Read More

Measles is a Thing, Again?

In 2024, an increase in measles cases has swept across the United States, touching more than a dozen states.

Up to today, the numbers already match the total cases reported in 2023. Measles poses severe complications, especially for younger children, pregnant individuals, and those with weakened immune systems.

Florida, Illinois, Pennsylvania, and Washington are among the states hardest hit, with cases also emerging in Arizona, California, Michigan, Minnesota, Louisiana, and New York, among others.

At the heart of this outbreak is a concerning dip in vaccination rates. The measles vaccine, a proven shield against the disease, significantly reduces the chances of infection.

Source: Read More