Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: admin
Snapchat’s paid subscription business continues to grow, with the company announcing that Snapchat+ has surpassed 30 million paying subscribers worldwide. Snap revealed the milestone in its third-quarter 2026 financial results on Wednesday. The achievement represents an increase of approximately 5 million subscribers since February, when the company reported reaching 25 million. The growth suggests that more Snapchat users are willing to pay for additional features, exclusive experiences, and greater control over how they use the platform. Snapchat+ Expands Beyond Its Original Subscription Launched in 2022, Snapchat+ initially offered subscribers early access to experimental features and exclusive customization options for $3.99…
Meta is expanding its artificial intelligence ambitions with the acquisition of Conductor, a startup developing AI-powered tools that allow software developers to manage multiple coding agents working on different parts of a project simultaneously. The acquisition was announced by Conductor founder and CEO Charlie Holtz, who confirmed that the company is joining Meta. Although financial details have not been disclosed, the deal adds another AI-focused startup to Meta’s growing portfolio. Holtz also hinted that the team is already working on something new, with plans to introduce its next product early next year. What Does Conductor Actually Do? Founded in 2024,…
The massive cyberattack targeting cryptocurrency exchange Binance has revealed how North Korean hackers allegedly used fake identities, fraudulent recruitment offers, and malicious software to infiltrate the company’s internal systems. According to Binance, the attackers spent months building trust with employees before gaining access to sensitive systems. The operation ultimately resulted in the theft of approximately $6.3 billion in cryptocurrency, making it the largest crypto heist in history. The company disclosed additional details in an updated statement posted on X, following the incident that forced Binance to temporarily suspend customer withdrawals across its network. The FBI and blockchain investigators have attributed…
Ollie, an AI startup built around the idea of providing users with a more private and secure digital assistant, is preparing to shut down its service on November 6. The announcement came from co-founder and CEO Bill Lennon, who shared the news on X. He expressed pride in what the small team had achieved and thanked employees, customers, investors, and supporters who helped build the company. Despite its ambitions, Ollie ultimately struggled to keep pace with the rapidly changing AI assistant market. An AI Assistant Designed to Simplify Everyday Life Ollie was developed as a personal AI assistant focused on…
Amazon’s investment in Hollywood is beginning to deliver significant financial returns. According to CEO Andy Jassy, Prime Video is now a profitable business generating revenue at an annual rate of tens of billions of dollars. Speaking during Amazon’s latest quarterly earnings call, Jassy highlighted the streaming platform’s growing financial performance, pointing to successful movies, popular television series, and live sports coverage as major contributors. The announcement comes four years after Amazon completed its $8.5 billion acquisition of MGM Studios, a deal that gave the company a much stronger position in the entertainment industry. Prime Video Is Generating Billions in Revenue…
As AI-powered assistants become more capable of handling everyday tasks, Bank of America is reminding customers of an important security rule: never share your banking username or password with an AI chatbot or automated agent. The financial institution recently sent an email to customers titled “Protecting Your Finances in the AI World,” warning them against giving their login credentials to other people, external services, or AI-powered tools that claim they can manage financial activities on their behalf. The warning comes as more people experiment with personal AI assistants that can interact with websites, access online services, and perform tasks automatically.…
OpenAI is adding a new privacy feature to ChatGPT that allows users to lock individual conversations, making sensitive discussions harder for other people to access when they have access to the same device. Announced Tuesday, the new Locked Chats feature lets users protect selected conversations with a four-digit PIN or biometric authentication, such as Face ID or Touch ID on supported devices. The update offers an additional layer of privacy for people who use ChatGPT to discuss personal matters, handle sensitive topics, or plan surprises they don’t want others to see. How Locked Chats Work Unlike Temporary Chats, which don’t…
Tolan, an AI companion designed to help people manage everyday challenges, relationships, emotions, and personal goals, has raised another $30 million in funding as interest in AI-powered personal assistants continues to grow. The latest investment includes backing from Union Square Ventures, Khosla Ventures, and Homebrew. According to Upstarts Media, the new round doubles Tolan’s total funding to date and increases its valuation beyond the previously reported $120 million. PitchBook estimates the company’s valuation at more than $268 million, although that figure carries medium confidence. Tolan has not publicly confirmed its new valuation. An AI Companion for Everyday Challenges Tolan takes…
As artificial intelligence companies compete to build increasingly powerful models, benchmark scores have become a major way to demonstrate progress. But according to Hugging Face’s chief policy officer, Irene Solaiman, the industry still has a long way to go before these evaluations can be considered consistently reliable. Solaiman warned that AI benchmarking remains an evolving science, with unresolved questions about reproducibility, fairness, and whether different tests can meaningfully be compared. Her concerns also extend to a growing industry proposal: embedding independent evaluators inside AI companies to monitor model safety and performance. Can AI Benchmark Results Be Trusted? AI benchmarks are…
Facebook is introducing a new way for users to personalize the content they see. Meta has announced “Your Algorithm,” an AI-powered feature that allows people to directly influence recommendations across Facebook Feed and Reels. Instead of relying entirely on Facebook’s automated recommendation system, users can now describe the types of content they want to see more or less often using everyday language. The update is part of Meta’s broader effort to make social media recommendations more personalized and responsive to individual preferences. Tell Facebook What You Want to See With Your Algorithm, Facebook users can communicate their interests directly to…