Plaid working with Goldman Sachs on raising $300M to $400M in tender offer

Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported, citing sources. The tender offer, as such deals are called, will likely value the company lower … Read more

The Future of Video Editing: Integrating Generative AI for Enhanced Creativity

Video editing used to be synonymous with hours of work, requiring careful attention to every cut, transition, and color grade. It’s a meticulous process that often consumes much production time. Today, however, generative artificial intelligence (GenAI) tools can streamline tasks and create more free time for editors to focus on their craft. The Impact of … Read more

Is AI making us dumb?

Researchers from Microsoft and Carnegie Mellon University recently published a study looking at how using generative AI at work affects critical thinking skills. “Used improperly, technologies can and do result in the deterioration of cognitive faculties that ought to be preserved,” the paper states. When people rely on generative AI at work, their effort shifts … Read more

Hacker pleads guilty of taking over SEC’s X account to post fake Bitcoin news

Hacker Eric Council Jr. pleaded guilty Monday to charges of conspiracy to commit aggravated identity theft and access device fraud after he took over the SEC’s X account in January 2024. Once Council gained access to the account, his unnamed co-conspirators posted a doctored image, message, and fake quote by then SEC Chairman Gary Gensler … Read more

Apple Music adds a better-sounding Spatial Audio version of Kendrick Lamar’s Super Bowl halftime show

If you want to relive Kendrick Lamar’s headline-making Super Bowl halftime show, Apple Music just dropped a replay of the performance in its surround sound-like Spatial Audio. Since Apple currently sponsors the Super Bowl halftime show, the company has permission to republish these musical spectacles — but this is better than just a YouTube video … Read more