Kiki World, a beauty startup launched last year, wants consumers to co-create products and co-own the company with the help of web3 technology.
Kiki co-founder Jana Bobosikova said she believes that being a loyal user of a brand in the Web 2.0 world could be a net negative experience.
Kiki is flipping that model by allowing its community members to vote on the features they want before the beauty products are made.
Although members’ product votes are recorded on Ethereum, Bobosikova said some participants don’t need to know they are taking action on blockchain.
But, as Simpson pointed out, Kiki has plans to eventually expand beyond the world of beauty.
Robinhood’s new credit card was revealed Tuesday, and though it’s only available for Robinhood Gold members, the Gold Card does have a feature that’s spurring headlines: the ability to invest cash back bonuses into investments.
But what gives with tech companies getting into the consumer credit game?
You could argue that Robinhood’s choice to offer a card is just an extension of its already-expanding portfolio of financial products.
But Apple also has a card, recall.
And the tech giant is getting deeper into the realm of personal finance as time goes along.
Sam Altman, the CEO of OpenAI, has a seat at the table — or board, rather — once again.
OpenAI today announced that Altman will be rejoining the company’s board of directors several months after losing his seat and being forced out as OpenAI’s CEO.
Joining alongside him are three members, former CEO of the Bill and Melinda Gates Foundation Sue Desmond-Hellmann, former Sony Entertainment president Nicole Seligman and Instacard CEO Fidji Simo — bringing OpenAI’s board to seven people.
Seligman was Sony’s VC and general counsel before rising through the ranks to CEO of Sony Corporation and president of Sony Corporation of America.
Both OpenAI CTO Mira Murati and Ilya Sutskever, a former OpenAI board member and the startup’s chief scientist, approached members of OpenAI’s previous board to express concerns about Altman’s behavior prior to his ouster last year, according to The Times.
Ina Herlihy believes e-commerce brands are losing out on organic traffic and potential revenue by relying on third-party community sites, like Reddit and Facebook Groups.
By building an onsite community, brands are able to increase that retention and drive more organic traffic because the community is on their own domain.
In addition, AddGlow integrates with a brand’s catalog so community members can tag products when mentioning them.
“We started partnering with smaller brands, and now we’re building additional functionality to support larger brands, too,” Herlihy said.
Our goal is to foster a safe space for community members to seek personal advice and build meaningful connections.”
The U.S. government has sanctioned two key members of LockBit, the Russian-speaking hacking and extortion gang accused of launching ransomware attacks against victims across the U.S. and internationally.
The U.S. sanctions announced Tuesday are the latest round of actions targeting the hackers behind LockBit and other prolific ransomware gangs.
In 2022, Russian-Canadian dual national Mikhail Vasiliev was arrested on allegations of launching multiple LockBit ransomware attacks.
A third suspect, Russian national Mikhail Pavlovich Matveev, was accused of involvement in several ransomware operations, including LockBit.
Security researchers say that ransomware victims who pay a ransom are more likely to experience subsequent ransomware attacks.
According to Stanford’s 2021 Artificial Intelligence Index Report, the number of new AI Ph.D. graduates in North America entering the AI industry post-graduation grew from 44.4% in 2010 to around 48% in 2019.
By contrast, the share of new AI Ph.D.s entering academia dropped by 44% from 42.1% in 2010 to 23.7% in 2019.
Private industry’s willingness to pay top dollar for AI talent is likely a contributing factor.
While AI graduates are no doubt welcoming the trend — who wouldn’t kill for a starting salary that high?
Between 2004 and 2019, Carnegie Mellon alone saw 16 AI faculty members depart, and the Georgia Institute of Technology and University of Washington lost roughly a dozen each, the study found.
A startup called Diem wants to tackle the problem of “search engine gender bias,” where results can produce default male information, making many women feel unsatisfied by the answers they receive to taboo or personal questions online.
Diem also recently partnered with verified content providers so users can get information from trusted sources.
The first four companies are experts in the reproductive health space, including hormone health startup Aavia, sexual telehealth clinic Hey Jane, vaginal health startup Evvy, and female health brand Stix.
In the future, users will be able to nominate community members who already have a Diem account.
Six spaces are available, run by community members and inspired by popular posts on the platform.
Apple has agreed to pay out $25 million to settle a class action lawsuit over its Family Sharing feature, which lets users and up to five of their family members share access to apps, music, movies, TV shows, and books that they purchase.
The lawsuit, which was first filed in 2019, alleged that “Apple misrepresented the ability to use its Family Sharing feature to share subscriptions to apps.”The news was first reported by MacRumors.
Court documents from the lawsuit allege that Apple advertised Family Sharing on as an option on apps that did not support Family Sharing.
“The vast majority of subscription-based Apps, which is a growing percentage of Apple Apps, cannot be shared with designated family members,” the court document reads.
All or virtually all of these Apps, however, included the statement that they support Family Sharing on their landing pages through January 30, 2019.”The lawsuit alleges that Apple was aware that the subscription-based apps did not support Family Sharing, but still placed an ad for Family Sharing on them.
It is no secret that the tech industry is booming and continues to grow. With so many new innovations being introduced each day, it can be hard to keep up.…
