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23 Jul 2024

1606 Corp Appoints Austen Lambrecht as CEO and Chairman of the Board

1606 Corp, a cannabis lifestyle company, has announced the appointment of Austen Lambrecht as its new CEO and Chairman of the Board. This strategic move aims to leverage Lambrecht's extensive experience in the cannabis industry to drive the company's growth and expansion.

2 Sources

Adobe Unveils Groundbreaking AI Tools for Photoshop and Illustrator

Adobe has introduced a new wave of AI-powered features for Photoshop and Illustrator, leveraging their Firefly generative AI model. These tools aim to enhance creativity and streamline workflows for designers and artists.

10 Sources

Adobe Unveils Groundbreaking AI-Powered Features for Illustrator and Photoshop

Adobe introduces innovative AI-driven tools in Illustrator and Photoshop, revolutionizing design workflows and expanding creative possibilities for users worldwide.

5 Sources

Amazon Prime Video Unveils Major UI Redesign with AI-Powered Recommendations

Amazon Prime Video is rolling out a significant update to its user interface, introducing a new content bar, AI-driven recommendations, and a dedicated Prime tab. The redesign aims to enhance user experience and content discovery across various devices.

9 Sources

Amazon Prime Video Enhances User Experience with AI-Powered Features

Amazon Prime Video introduces new AI-driven features to improve user experience, including personalized recommendations, content summaries, and dialogue boosting. The update aims to make content discovery easier and viewing more accessible.

3 Sources

India's Budget 2024: A Mixed Bag of Optimism and Challenges for Businesses

India's Interim Budget 2024 has sparked diverse reactions from industry leaders, with a focus on small businesses, technology, and consumer durables. While some applaud the government's vision, others point out potential shortcomings.

7 Sources

Legal Tech Unicorn Clio Raises $900M, Valuation Soars to $3B

Canadian legal software company Clio secures a massive $900 million funding round, reaching a $3 billion valuation. The company plans to invest in AI and fintech solutions to revolutionize the legal industry.

4 Sources

FTC Launches Inquiry into Surveillance-Based Pricing Practices of Major Companies

The Federal Trade Commission has ordered eight major companies, including Mastercard and JPMorgan Chase, to provide information on their surveillance-based pricing practices. This move aims to investigate how companies use personal data to set prices for consumers.

20 Sources

Evogene Announces 1-for-10 Reverse Share Split

Evogene Ltd., a leading computational biology company, has announced plans to implement a 1-for-10 reverse share split of its ordinary shares. The move aims to regain compliance with Nasdaq's minimum bid price requirement.

3 Sources

AI Implementation Increases Workload and Burnout Risk, Study Reveals

A recent survey by Upwork highlights the unintended consequences of AI adoption in the workplace. Despite promises of increased efficiency, many employees report longer hours and heightened stress levels.

4 Sources

Backblaze Appoints Jason Wakeam as New Chief Revenue Officer

Backblaze, a leading cloud storage company, has announced the appointment of Jason Wakeam as its new Chief Revenue Officer. This strategic move aims to drive growth and expand the company's market presence.

4 Sources

Neuralink's Valuation Surge Prompts Employee Interest in Stock Sales

Elon Musk's brain-chip company Neuralink sees a significant increase in valuation, leading some employees to consider selling their shares. The company's value has risen from $2 billion to around $5 billion in recent years.

4 Sources

Vertex Pharmaceuticals Stock Surges on Baird's Bullish Outlook

Baird initiates coverage on Vertex Pharmaceuticals with an Outperform rating, citing strong growth potential in cystic fibrosis treatments and promising pipeline. The stock sees a significant boost following the positive analyst report.

2 Sources

Last Chance: Samsung's Galaxy Z Fold 6 and Z Flip 6 Pre-Order Deals End Today

Samsung's pre-order promotion for the Galaxy Z Fold 6 and Z Flip 6 is coming to a close. Customers have until the end of the day to take advantage of significant discounts and trade-in offers on these latest foldable smartphones.

3 Sources

India's MeitY Budget Allocation Soars 52% to Rs 21,936 Crore in 2024-25

The Indian government has significantly increased the budget allocation for the Ministry of Electronics and Information Technology (MeitY) by 52% to Rs 21,936 crore for the fiscal year 2024-25, emphasizing its commitment to digital growth and technological advancement.

3 Sources

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