Nvidia's capitalization reaches $3.01 trillion

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Nvidia has achieved the status of the world's second most valuable company. As of Wednesday, the chipmaking giant's market capitalization reached $3.01 trillion, surpassing Apple's $3 trillion valuation. With its flagship H100 chip leading the charge in the AI race, Nvidia's market capitalization has continued its upward trajectory. Having attained a $1 trillion valuation in May 2023, the company soared past $2 trillion in February of the current year, surpassing the valuations of both Amazon and Alphabet.

Binance founder sentenced

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Binance founder Changpeng Zhao received a four-month prison sentence for his failure to establish sufficient anti-money laundering measures. Zhao, formerly the leader of the world's largest cryptocurrency exchange, admitted guilt in November 2023.

Prosecutors sought a three-year prison term, twice the 18-month sentencing guideline, citing the extensive scope and impact of Zhao's wrongdoing in their sentencing memorandum. They also argued that Zhao's sentence should reflect the significant harm to US national security resulting from his criminal actions.

US bans ByteDance and will prohibit TikTok app in US unless it is sold

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The Senate approved legislation mandating that TikTok's parent company, ByteDance, divest itself of the app within 270 days or risk expulsion from the US market. The bill, previously passed by the House, received President Biden's signature.

Designated as a foreign adversary controlled application, TikTok must be sold to another entity within the specified timeframe. President Biden retains the authority to extend this deadline by up to 90 days if a sale is actively being pursued. This requirement extends to any subsequent applications similarly identified. Failure by ByteDance to comply with the sale mandate would result in the removal of TikTok from US app stores and a prohibition on internet hosting services facilitating its distribution. Violating entities would be subject to civil penalties.

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TikTok Notes starts rolling out as a new rival to Instagram

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TikTok is now introducing its Instagram competitor, TikTok Notes, to specific Android and iOS users in Australia and Canada. This rollout allows users to download the app and participate in limited testing. The announcement was made through a tweet, and the app is also listed on the App Store and Google Play, complete with official images showcasing its features for those who haven't accessed it yet.

Boston Dynamics' Revolutionary All-Electric Humanoid

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The humanoid robotics market is witnessing a surge in activity, prompting Boston Dynamics, the industry pioneer, to take decisive action. Introducing their latest creation, the new humanoid robot dubbed Atlas, the company marks a significant step towards commercial viability.

While both the old and new Atlas share a name, their design and functionality diverge significantly. The previous iteration, renowned for its agility and viral stunts, relied on a complex hydraulic system. In contrast, the new Atlas is entirely electric, boasting a more compact and lightweight construction. Notably, it adopts a consumer-oriented design, featuring protective covers and user-friendly elements such as a prominent status light and an illuminated power button reminiscent of Boston Dynamics' Spot series.

Google agrees to destroy browsing data collected in Incognito mode

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Google has agreed to either delete or de-identify billions of records of web browsing data gathered while users were in its private browsing mode, "Incognito", as outlined in a proposed class action settlement filed on Monday.

The settlement proposed in the case of Brown v. Google will additionally require the company to provide more transparency regarding its data collection practices in Incognito mode and impose restrictions on future data gathering. Pending approval from a federal judge in California, the settlement may affect 136 million Google users. The lawsuit, initiated in 2020 by Google account holders, alleged that the company unlawfully monitored their activities through the private browsing feature.

Laravel 11 is released

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Laravel 11 has been officially launched, bringing along several exciting enhancements. Among the notable updates is the requirement for a minimum PHP version of 8.2, ensuring compatibility with the latest features and optimizations. Additionally, a new Laravel Reverb package has been introduced to Laravel's suite of first-party tools. Moreover, users can expect a streamlined directory structure, contributing to a more organized and efficient development process. These advancements collectively contribute to making Laravel 11 a compelling choice for web development projects, offering improved performance, functionality, and developer experience.

Klarna AI assistant does the work of 700 people

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One month after expanding its OpenAI-driven virtual assistant globally, the Swedish buy-now, pay-later company has unveiled fresh data showcasing its proficiency in managing customer interactions, enhancing shopper satisfaction, and yielding improved financial outcomes. Having announced its collaboration with OpenAI early last year, Klarna positioned itself as one of the pioneers in incorporating the firm's innovative ChatGPT technology into a shopping plug-in. Initially, the natural-language interface facilitated personalized shopping decisions, described by Klarna as "smooth shopping".

jQuery 4 Beta release

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jQuery is a fast and compact JavaScript library that simplifies tasks like editing HTML documents, handling events, and adding animations. Its user-friendly interface works well on many browsers, and it has revolutionized how millions of people write JavaScript.

jQuery 4.0.0 has been released in beta! The development team is pleased to introduce the enhancements they've been working on. This update includes bug fixes, performance enhancements, and notable changes, such as the discontinuation of support for older versions of Internet Explorer - eliminating headaches for many.