BUsINEss – Gih Blog

Elon Musk’s Neuralink brain chip gets FDA ‘breakthrough device’ status — and could help blind people see again

September 24, 2024 by houssem23

Elon Musk’s brain chip firm Neuralink has received “breakthrough device” status for an implant aimed at helping blind patients regain sight, the firm announced. Called “Blindsight,” the experimental brain implant received approval from the US Food and Drug Administration to participate in the voluntary program. It is one of 58 devices to receive the designation … Read more

Instagram revamps safety features for teens as pressure from Congress mounts — here’s all the changes the social media giant is making

September 24, 2024 by houssem23

Mark Zuckerberg’s Instagram unveiled what was billed as a major overhaul of its safety features for children on Tuesday — a move that online watchdogs quickly attacked as an effort to avoid an impending congressional crackdown on the social media giant. Instagram said it will automatically put users under the age of 18 on “teen … Read more

Home sales ‘disappointing again’ – but Fed rate cut could be good for buyers

September 24, 2024 by houssem23

US existing home sales fell more than expected in August as home prices remained elevated despite continued improvement in supply. Home sales fell 2.5% last month to a seasonally adjusted annual rate of 3.86 million units, the National Association of Realtors said Thursday. Economists polled by Reuters had forecast home resales to fall to a … Read more

The former Goldman Sachs HQ offers $10k luxury packages to New York’s elite

September 23, 2024 by houssem23

The former Goldman Sachs headquarters on Wall Street will soon welcome new tenants after a residential conversion — with tenants paying up to $10,000 a month to secure their corner office in the Financial District. The skyscraper at 55 Broad St. — which served as Goldman’s home from 1967 to 1983 as it became a … Read more

Jony Ive confirms new AI device in the works with OpenAI’s Sam Altman

September 23, 2024 by houssem23

Former Apple design guru Jony Ive has confirmed that he is working with OpenAI CEO Sam Altman to build an AI-powered hardware device – roughly a year after rumors of the high-profile collaboration went public for first time. The still-quiet project appeared in a new profile of Ive, who is best known for working with … Read more

EU set to warn Google to change search practices or face huge fines: report

September 23, 2024 by houssem23

European Union regulators are reportedly preparing to put Google on notice that it must make changes to its dominant search engine or face massive fines. EU regulators are preparing an “official charge sheet” that focuses on how Google displays links to its competitors within integrated search services such as Google Flights or Google Hotels, Bloomberg … Read more

TikTok under fire at appeals court as judges consider challenge to sell-or-ban bill

September 22, 2024 by houssem23

TikTok faced pointed questions from a US appeals court on Monday as the company tries to block a law that would force China-based ByteDance to sell the video-sharing app by January. 19 or face an outright ban. A lawyer for TikTok argued before a three-judge panel that the law, signed by President Joe Biden in … Read more

Meta bans Russian media, including RT, from Facebook and Instagram for “foreign interference”

September 22, 2024 by houssem23

Meta said it has banned Kremlin-run state media Russia Today as well as other networks controlled by President Vladimir Putin’s regime because of “foreign interference activity”. Russian-based broadcasters and websites such as RT, Rossiya Segodnya and other related media will no longer be available to users of Meta’s social networks, including Facebook and Instagram. “After … Read more