The FTC has settled with Arise Virtual Solutions, requiring the company to pay $7 million for misleading gig workers about potential earnings and unlawfully requiring them to cover expenses.
Sectors
POLYN Technology Paves the Way for Smart Tire Advancements
Efforts to integrate effective vibration sensors into smart tires have faced challenges related to energy consumption and practicality. Current sensors consume too much energy, leading to frequent battery replacements. Their short lifespans make them impractical and costly. While many have struggled to find a way around these limitations, one company has succeeded. POLYN Technology specializes in fabless semiconductor solutions integrating pre-trained AI models into its Neuromorphic Analog Signal Processors (NASP).
Defense IoT Innovations: Visible Assets Inc. Leads the Way
The Internet of Things (IoT) has revolutionized how we interact with everyday objects, from smart thermostats to voice-activated assistants and so much more. However, while consumer IoT has captured the public imagination, the defense and industrial sectors have yet to capitalize fully on this technology. Visible Assets, Inc. addresses these challenges with its unique RuBee wireless technology.
inncivio's Micro-Learning Platform Breaks the Corporate Training Barrier
The founders of inncivio have developed a micro-learning platform that fosters employee training by offering a transformative solution that goes far beyond the long, tiresome videos as well as the difficult-to-access, lengthy, and often unorganized content of traditional learning platforms.
Paramount, Skydance Re-Negotiate Merger Deal: Report
The preliminary merger deal between National Amusements, Paramount Global, and Skydance Media appeared to have been reignited after abandoning it due to shareholder dispute.
Latest News
Google's annual sustainability report revealed that despite efforts, the company's carbon emissions continued to rise in part due to challenges related to AI.
The Federal Trade Commission has voted to prevent mattress maker Tempur Sealy from acquiring retail chain Mattress Firm, citing concerns that the merger would stifle competition.
Chinese e-commerce giants Temu and Shein have significantly increased global airfreight prices, leading to limited capacity and heightened costs akin to peak holiday periods.
The FDA has approved Eli Lilly’s Alzheimer’s drug donanemab, branded as Kisunla, for early symptomatic adults, providing a new treatment option for nearly 7 million Americans affected by the disease.
Apple has secured an observer role on OpenAI’s board as part of a significant agreement, with Phil Schiller, the head of Apple’s App Store, appointed to the position.
Escalating geopolitical tensions between Israel and Hezbollah and Hurricane Beryl's potential impact on Gulf Coast refineries push US crude oil prices to reach a two-month high.
Moderna received $176 million from the US government to fast-track the development of its bird flu vaccine, following the spread of the H5N1 virus in dairy herds across multiple states.
Salesforce investors rejected the company's compensation plan for top executives amid concerns over the equity awards granted to CEO Marc Benioff.
One million American workers whose wages are below the median individual pay will now be eligible for overtime protections, according to President Joe Biden.
