Reddit, the popular social media platform, is set to become a publicly traded company with a market value of $6.4 billion. The initial public offering has been priced at $34 per share, at the top of the target range set by investment bankers. Reddit will trade on the New York Stock Exchange under the ticker symbol RDDT, with hopes of raising $748 million by selling 22 million shares. This valuation represents a drop from $10 billion in 2021 during a private funding round. However, the IPO was four to five times oversubscribed before its debut, which is a positive sign…
Author: Barbara T. Palmer
Palworld’s Creator Stays True to Small Studio Roots Takuro Mizobe, the creator of the popular monster-taming survival game Palworld, is determined to keep his development studio, Pocketpair, small and focused on creating multiple small games rather than big-budget triple-A titles. Despite Palworld’s massive success, with over two million Steam players logged in at the same time, rivaling big hits on the platform, Mizobe insists that the team won’t significantly expand. Reportedly costing around one billion yen to develop, Palworld has brought in several billions of yen in profit. However, Mizobe believes that the game’s success may be too much for…
Cromwell Hospital in London Makes Medical Breakthrough with Apple Vision Pro Doctors at Cromwell Hospital in London have successfully used the $3,500 Apple Vision Pro during two spinal surgeries, marking a milestone in the use of virtual reality technology in the operating room. The device, which was worn by a scrub nurse and utilized VR goggles to view virtual screens during the surgeries, has been hailed as a “game-changing” tool for medical procedures. Developed by eXeX, a company specializing in AI-driven apps for surgeons, the software used during the surgeries impressed doctors at Cromwell Hospital, including surgeon Syed Aftab, who…
A team from the US Centers for Disease Control and Prevention (CDC) has arrived in Chicago to assist with a recent measles outbreak that has affected five individuals in the city. This outbreak includes two cases among children at a migrant shelter in the Pilsen neighborhood. The CDC team will be working closely with local health departments to identify at-risk individuals and provide guidance, testing, and vaccines. The Chicago Department of Public Health is urging all residents, especially newcomers to the city, to get vaccinated against measles to prevent further spread of the highly contagious virus. Cook County Health is…
Former Mar-a-Lago worker, Brian Butler, recently sat down for an exclusive interview with CNN to discuss his role in a controversial incident involving classified documents being moved onto former President Donald Trump’s private plane. In the interview, Butler, known as “Trump Employee Number 5,” revealed that he helped transport boxes of documents to the airport while Trump was busy greeting FBI agents at the prestigious club back in June 2022. Butler recounted the pressure he faced following the incident, including being cut off by his former best friend and co-worker, Carlos De Oliveira, who tried to involve him in moving…
In a recent development in the ongoing conflict in Yemen, the U.S. military and its allies have successfully intercepted and shot down 28 drones launched by Houthi militants in the Red Sea. Despite the intensity of the assault, there have been no reports of commercial or naval vessels being damaged in the attacks. According to U.K. Defense Secretary Grant Shapps, a British warship was involved in shooting down some of the Houthi drones. The Houthi militants have been targeting ships in the Red Sea since November, in solidarity with Hamas in its conflict with Israel. The attacks escalated when the…
New Study Finds Link Between Artificially Sweetened Beverages and Atrial Fibrillation A new study has found a concerning link between the consumption of artificially sweetened beverages and atrial fibrillation (A-fib), a dangerous heart condition. According to the research, people who drink two liters or more per week of artificially sweetened beverages have a 20% increased risk of developing A-fib. The study, which followed nearly 202,000 individuals for an average of 10 years, also found that added-sugar beverages raise the risk of A-fib by 10%, while pure, unsweetened juices actually lower the risk by 8%. Atrial fibrillation can lead to serious…
Popular analyst Ming-Chi Kuo has recently disclosed Apple’s ambitious plans for a groundbreaking new product set to revolutionize the tech industry. According to Kuo, Apple is set to launch a 20.3-inch foldable screen MacBook in 2027. This announcement comes as a surprise, as Kuo also confirmed that Apple will not be mass-producing foldable iPhones or iPads in the upcoming years of 2025 or 2026. This means that the 20.3-inch foldable MacBook is the only foldable product with a clear development schedule from Apple at the moment. Sources reveal that Apple had previously approached Samsung and LG regarding the production of…
Apple fans are eagerly awaiting the release of the new MacBook Air models, set to hit the shelves tomorrow. However, it has been revealed that these new laptops will come with a day-one update, with both the 13.6-inch and 15.3-inch models running a special build of macOS Sonoma 14.3 with version number 23D2057. Users should be prepared to update to macOS Sonoma 14.4 tomorrow, as Apple was unable to install the update on the new MacBook Air models due to timing constraints. Despite this minor setback, the new M3 MacBook Air models are still highly anticipated, with prices starting at…
Microsoft Software Engineer Raises Alarm About Security Vulnerability in AI Image Generation Tool Microsoft Corp. software engineer Shane Jones has raised concerns about a security vulnerability in the company’s AI image generation tool, Copilot Designer. In letters sent to Microsoft’s board, lawmakers, and the Federal Trade Commission, Jones highlighted a flaw he discovered in OpenAI’s DALL-E image generator model, allowing for the bypassing of guardrails meant to prevent the creation of harmful images. Jones urged Microsoft to remove Copilot Designer from public use until better safeguards are implemented. He specifically pointed out the tool’s potential to generate inappropriate, sexually objectified…