TECHNOLOGY
Users spent $5.5 bn on adult entertainment site OnlyFans in FY22
According to a regulatory filing on Thursday by the parent firm Fenix International, the company generated a pre-tax net profit of $525 million for the most recent fiscal year, up 21 per cent on an annual basis, reports Variety.
Social media use may actually not cause depression in kids, young adults
"The prevalence of anxiety and depression has increased. As has the use of social media. Many people, therefore, believe that there has to be a correlation," said Silje Steinsbekk, a professor at the Norwegian University of Science and Technology's (NTNU) department of psychology.
X introduces new $250 ad credit to lure back advertisers
"To show our appreciation to the small business community and highlight our recent product improvements, X will offer a one-time ad credit of $250 USD when a small business spends $1,000 USD on a new campaign within the next
30 days," the company said in a Business blogpost.
realme brings biggest leap on buds with industry’s 1st coaxial dual-unit earphones
A testament to this commitment is the recent launch of their groundbreaking product -- the realme Buds Air 5 & realme Buds Air 5 Pro, first-ever coaxial dual-unit earphones. The realme Buds Air 5 series isn't just about earphones; it's about transforming the way realme engages with sound, technology, and innovation.
Donald Trump returns to Elon Musk’s X, posts his mugshot
Trump posted his first tweet on X with his mugshot late on Thursday, saying: “Election interference, Never surrender”. Musk also reacted to Trump with a quote post saying: "Next-level". Several followers welcomed the former US president on X, now owned by Elon Musk.
Meta launches its own AI code-writing tool
Code Llama has the potential to be used as a productivity and educational tool to help programmers write more robust, well-documented software. Code Llama is a code-specialized version of Llama 2 that was created by further training Llama 2 on its code-specific datasets, sampling more data from that same dataset for longer.
Meta shutting down Messenger Lite app for Android
Currently, users of the app are receiving a message that advises them to “use Messenger to keep chatting", reports TechCrunch. The app has already been removed from the Google Play Store for new users and will no longer be available after September 18 for existing users.
X announces changes to its API, retires legacy tiers & endpoints
The company said that it's discontinuing some of the endpoints and asking users to migrate to the new v2 API.
Netflix adds 2.6 mn more subscribers in July despite password-sharing crackdown
According to market research firm Antenna, Netflix commanded 2.6 million gross additions in July, which is overall elevated compared to normal.
Bill Gates, Satya Nadella congratulate ISRO on Chandrayaan-3 success
"Moonshots work! Congratulations to @narendramodi, @ISRO, and the Indian scientists for the first successful landing at the South Pole of the Moon," Gates posted on X (formerly Twitter).
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