Today, Adobe and Figma announced that they have entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on September 15, 2022, under which Adobe would have acquired Figma for a mix of cash and stock consideration, Business Wire reported. Although both companies continue to believe in the merits and procompetitive benefits of the combination, Adobe
The Internet Archive (IA) is appealing a court ruling that found its digital lending program copyright-infringing. IA's non-profit library scans and lends physical books digitally, allowing only one patron at a time to borrow each digital copy. The New York District Court sided with publishers who sued IA, claiming copyright infringement and financial harm. IA argues that its activities are
The social media platform X, formerly Twitter, is being investigated for allegedly breaking EU law on disinformation, illegal content and transparency, the European Commission has announced, The Guardian reported. The decision to launch formal infringement proceedings against the company, owned by the US billionaire Elon Musk, comes weeks after X was asked to provide evidence compliance with new laws designed
Apple announced a contingent pricing for subscriptions on its Developer blog, on December 15, 2023. “Contingent pricing for subscriptions on the App Store - a new feature that helps you attract and retain subscribers - lets you give customers a discounted subscription price as long as they’re actively subscribed to a different subscription. It can be used for subscriptions from
Meta Platforms rolled out Threads in Europe, months after the Facebook and Instagram parent launched the microblogging app in the U.S. The Wall Street Journal reported. Meta Chief Executive Mark Zuckerberg announced the launch Thursday on Threads, writing that “we’re opening Threads to more countries in Europe.” Last month, The Wall Street Journal reported that Meta planned to launch Threads
Elon Musk plans to establish a university in Austin, Texas, focusing on STEM education. Funded by a $100 million contribution from Musk's charity, The Foundation, the university aims to provide high-level education in math, science, engineering, and physics. This initiative follows Musk's history in education, notably the founding of Ad Astra and Astra Nova schools. The university, set to offer
Mark Zuckerberg said today that Meta has started testing a feature to show Threads posts on Mastodon and other ActivityPub protocol-supported networks, TechCrunch reported.
Microsoft is betting nuclear power can help sate its massive electricity need as it ventures further into artificial intelligence and supercomputing, The Wall Street Journal reported. The technology industry’s thirst for power is enormous. A single new data center can use as much electricity as hundreds of thousands of homes. Artificial intelligence requires even more computing power. According to The
The Electronic Entertainment Expo, better known as E3, is officially dead, Engadget reported. “After more than two decades of E3, each one bigger than the last, the time has come to say goodbye. Thanks for the memories,” the Entertainment Software Association, E3’s organizer, wrote on X. The industry trade group closed the statement with “GGWP” or “good game, well played.”
Despite negative headlines and growing concerns about social media’s impact on youth, teens continue to use these platforms at high rates - with some describing their social media use as “almost constant,” according to a new Pew Research Center survey of U.S. teens, Pew Research Center reported. The survey - conducted Sept. 26 - Oct. 23, 2023, among 1,453 13-17-year-olds
In a significant privacy breach, Verizon was deceived by a fake search warrant, resulting in the disclosure of a customer's personal data to her stalker. The stalker, Robert Michael Glauner, who had previously had an online romantic relationship with the victim, used the information to locate and threaten her. Despite obvious signs of forgery, the warrant was accepted by Verizon,
For 2024 Pantone has announced Peach Fuzz as the Color of the Year. Officially PANTONE 13-1023 Peach Fuzz, the colour "is a heartfelt peach hue bringing a feeling of tenderness and communicating a message of caring and sharing, community and collaboration". Leatrice Eiseman, Executive Director of the Pantone Color Institute, explains ““A cozy peach hue softly nestled between pink and