The US Department of Justice arrested brothers, Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28 on charges of money laundering and fraud. A First of Its Kind Heist The Bueno Brothers were arrested because they stole $25 million of Ethereum crypto currency in 12 seconds. That’s 12 whole seconds. DOJ reported the brothers plotted their scheme...
GPT-4o Pushes Current AI Technologies to the Max
The AI world is abuzz with OpenAI’s latest offering. On May 13th, OpenAI announced GPT-4o (the ‘o’ meaning omni) to the world. GPT-4o is a multimodal model that process text, audio, images, and video. The model can also output any combination of audio, image, and text output through its prompting system. Multimodal means an AI...
TikTok Strikes Back: Sues US Over Ban
Since 2020, the United States government has been trying to ban TikTok. A social media app that’s more annoying and a time suck than espionage tool. After the Biden administration effectively codified an effective ban for the app, any such ban may take years to materialize thanks to TikTok suing the United States. TikTok is...
AI Bubble Triggers Investors’ PTSD
Picture it. Your investment portfolio, 2002. After an obscenely long bull run, the US economy began tanking at dotcom stocks began tanking. The dotcom market was sinking, dragging down shady investors like Enron, and legitimate investors alike. The US economy brought down the global economy and for a solid 4 years, the economy was stuck...
Dave and Busters Rides the Gambling Train with Arcade Betting
If you’re struggling with gambling, please don’t hesitate to call the national gambling hotline at 1-800-GAMBLER or take steps to find a counselor near you. In a definite sign of the economic decline of the United States, the kiddie and adult arcade establishment; Dave and Busters, is testing out video game gambling. Betting on Skee...
Tesla Gets Rid of Supercharger Team in Layoff Binge
As more EV automakers come online, Tesla has laid off workers. Tesla’s latest round of layoffs include its entire Supercharger team. Tesla has been in employee cutting mode since the beginning of 2024 with plans to layoff 10% of its workforce. We’re not giving up anything that is significant that I’m aware of. Elon Musk...
iPhones Fail to Wake Up Users On Time
Yesterday, Apple acknowledged an issue some iPhone users are experiencing with their alarms. What’s Happening? Some iPhones aren’t activating their alarms. Despite the number of alarms, loudness of alert, and haptic feedback iPhones aren’t blaring and blazing when the alarm is up. This has caused some users to oversleep and miss appointments. The Today Show...
Don’t Believe the Hype: AI Pin Under Whelms But Has Lots of Promise
It didn’t take long, but the reviews are in. After a fantastic fall and winter 2023 hype campaign, the AI Pin is being panned by the technorati. You may remember me hyping the AI Pin myself last winter. It also made 2023’s Annual Gift Guide. Humane, the company behind the AI Pin, and its founders...
China Issues Latest Salvo in Tech War
This week, Chinese officials at the country’s Ministry of Industry and Telecom have ordered the country’s largest telecommunications companies to remove Intel and AMD chips from their networks. US-Sino Tech War heated up again this week. China’s largest technology agency has given China Mobile, China Unicom, and China Telecom until 2027 to remove products containing...
Vinyl Records Outsell CDS Again
The Recording Industry of Association of America (RIAA) reported it sold 43 million records in 2023. Vinyl record sales are on a 17-year growth curve. Last year’s numbers are 6 million more units than CD sales for the year. Vinyl records also brought in more revenue than CDs. Records raked in $1.4 billion compared to...