Redbox’s parent company, Chicken Soup for the Soul Entertainment, has recently filed for bankruptcy protection amidst a series of financial setbacks. These included defaults on loans, repossession orders for company vehicles, and missed payrolls for employees. The company has resorted to filing for a debtor-in-possession loan in an attempt to secure additional working capital to
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In a strategic move to compete with Microsoft in the realm of artificial intelligence services, Amazon has decided to double the value of credits it offers to select startups utilizing its cloud infrastructure. Beginning on July 1, startups that have recently secured a Series A round of funding will now be eligible to receive $200,000
In the world of materials research, the use of synchrotron radiation emitted by ultrafast electrons has been a game-changer. Traditionally, this light is known to be longitudinally incoherent, with a broad spectrum of wavelengths. However, physicist Alexander Chao and his team introduced a groundbreaking concept in 2010 that could potentially revolutionize this field. By shortening
Electric vehicles have been marketed as the future of transportation, with numerous benefits over traditional gas-powered vehicles. One of the main advantages touted is the belief that EVs require less maintenance. No oil changes, less mechanical complexity, and fewer moving parts are often cited as reasons why EVs are superior. However, a recent study by
In late April, a video ad for a new AI company called Bland AI went viral on social media platform X. The ad featured a person standing before a billboard in San Francisco, making a call to the phone number displayed and engaging in a conversation with an incredibly human-sounding bot. The text on the
The utilization of technology in soccer has been a point of contention among fans and players alike. Despite complaints about VAR decisions, Euro 2024 has shown improvements in the implementation of this technology compared to previous seasons. UEFA has introduced semi-automated offside technology and AI to enhance the review process and ensure greater accuracy. The
In a recent exclusive interview with CNBC, George Zhao, CEO of Chinese smartphone company Honor, emphasized the essential role that artificial intelligence (AI) plays in transforming technology. However, Zhao made it clear that the true value of AI lies in protecting user data. This stance comes in the wake of Apple’s announcement regarding personalized AI
Ubisoft’s CEO, Yves Guillemot, recently hinted at exciting news for Assassin’s Creed fans by mentioning possible remakes of the older games in the popular open-world series. Guillemot expressed a desire to “revisit some of the games we’ve created in the past and modernize them.” This news has sparked curiosity among fans about what changes and
Apple’s recent decision to implement a 30% fee on in-app ads purchased through iOS devices has sparked controversy among Facebook and Instagram advertisers. This change will require advertisers to pay an additional fee directly to Apple, unless they choose to make their purchases through desktop browsers on facebook.com or instagram.com. The move, which was originally
The Hyundai Inster is the latest cute, small electric vehicle that is capturing attention worldwide. With over 200 miles of range, an affordable price tag below $26,000, and a unique retro-inspired interior aesthetic, the Inster seems like a promising addition to the EV market. However, despite its appeal, this subcompact EV is being denied a