Tech Brew Ride Home Thu. 07/21 – Did Tesla Trigger The Crypto Crash?
Jul 21, 2022
Amazon is making waves by acquiring One Medical for $3.9 billion, stepping boldly into the healthcare market. Facebook is reshaping its newsfeed with a TikTok-inspired algorithm to boost user engagement. Meanwhile, Minecraft has decided to ban NFTs, prioritizing security and fairness. Big tech companies are experiencing hiring slowdowns, reflecting a cautious economic outlook. Tesla's significant Bitcoin divestment raises questions about its influence on cryptocurrency markets. Finally, OpenAI expands DALL-E 2's features, offering more creative control and bias reduction.
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Amazon's Healthcare Ambitions
- Amazon is expanding into healthcare by acquiring One Medical for $3.9 billion.
- This move signifies Amazon's growing interest in the healthcare industry.
Facebook's Split Feed
- Facebook's newsfeed is splitting into two: a TikTok-like 'Home' feed and a chronological 'Feeds' tab.
- This change balances algorithmic discovery with following specific accounts.
Minecraft Bans NFTs
- Mojang, Minecraft's developer, has banned NFTs and blockchain tech from the game.
- They cite security risks, fraud, and exclusivity as reasons.