Martin Ott, who led Facebook’s Northern and Central Europe operations in 2012, says Zuckerberg taught him to focus on making the biggest impact during working hours. Now CEO of tax app Taxfix valued at over $1 billion, he implements strict boundaries to prevent burnout.
Dublin-based Lative has raised $7.5 million to automate sales planning through AI-powered intelligence. The funding round was co-led by Act Venture Capital and Senovo VC, with participation from several other investors.
Global markets are extending their sell-off as concerns mount over AI stock valuations and Federal Reserve rate cut uncertainty. The tech-heavy Nasdaq dropped 2.3% while Asian markets followed with significant losses. Michael Burry’s decision to close his hedge fund adds to the growing apprehension
SoftBank Group shares plunged over 8% on Friday, marking the third straight day of declines. The selloff comes after the Japanese investment giant disclosed it sold its entire stake in Nvidia for $5.83 billion in October.
Despite widespread fears about AI replacing workers, new research from Bank of America Institute finds minimal evidence of job displacement. The data shows a weak correlation between AI adoption and employment changes, with some sectors even showing positive relationships. The findings suggest we’re
Pakistan has officially launched a licensing system for VPN providers, granting approval to five local companies. The government claims this enhances cybersecurity, but critics worry it’s another step toward total internet control. Users now face a choice between potentially monitored local VPNs or
Tesla appears to be reversing its long-standing position against Apple CarPlay support. The move comes despite CEO Elon Musk’s previous objections and even lawsuits against Apple. Other automakers are moving in the opposite direction, making Tesla’s potential shift particularly notable.
European Union officials are circulating draft plans to significantly expand the direct oversight powers of the European Securities & Markets Authority. The watchdog would gain authority over “significant” clearing houses, depositories, trading venues, and crypto firms. An independent executive boar
Spotify is tackling a common audiobook problem with AI-generated recaps that work like TV show “previously on” segments. The feature requires 15-20 minutes of listening before activating and updates as you progress through the book.
IBM unveiled two new quantum processors that could deliver quantum advantage by 2026. The Nighthawk chip will feature 120 qubits, while experimental Loon processor demonstrates key fault-tolerant components. Both represent IBM’s ambitious timeline to beat competitors in the quantum computing race.
