63% of financial advice on TikTok is misleading, one study found. Users love it anyway

In a series of TikTok videos that went viral earlier this month, Patricia Milan, the user behind the account, Business Women University, boasted about securing $150,000 in cash to buy an Airbnb unit by maxing out her credit cards. The plan, as she explained to viewers, was to pay off her debt using the proceeds from her rental. A second video gave advice on how to obtain high credit card limits by creating a series of circular transactions within her own companies—which is, in fact, il

Apple’s new iPhone Stolen Device Protection feature may have one big flaw

Released as part of Monday’s iOS 17.3 update, Apple’s new Stolen Device Protection feature can protect users from industrious phone thieves who’ve managed to learn the device’s passcode. An iPhone passcode has been likened to “a treasure box” that grants near-total access to the user’s digital life—bank accounts, email, private photos, the whole privacy nine yards. Apple’s operating system previously gave victims precious few ways

Netflix movies got a lot less Oscar attention this year. Again. Here’s why

On the eve of the 2024 Oscar nominations, Netflix film chief Scott Stuber announced he was leaving the position to start his own film company. His exit couldn’t have come at a better time.

When Stuber started at Netflix in 2017, the streamer’s executives would have been absolutely thrilled to nab the 11 nominations its original films earned this year. Prior to that point, the only nods the company had ever garnered came from its documentary offerings. Even with prestig

Layoffs 2024: Fintech startup Brex lays off 20% of employees

Brex, the fintech startup that made a splash with corporate credit cards and moved into cash management accounts for tech companies, has cut its staff by 20%. Some 282 people were laid off Tuesday amid reports of heavy cash burns in the final three months of last year.

It was just under a year ago that Brex saw a huge influx of customers and deposits, as Silicon Valley Bank collapsed. As the panic over that bank’s implosion spread, Brex saw billions of dollars pour in and ove

Oscars 2024: Greta Gerwig and Margot Robbie were snubbed, but it’s still the year of Barbie—and Oppenheimer

Barbenheimer saved the movie industry, so why shouldn’t the most famous portmanteau in film history also be the big story of the Oscar nominations?

Universal’s Oppenheimer and Warner Bros.’s Barbie, which together grossed almost one billion dollars at the domestic box office last summer, have now earned a combined 21 Academy Award nominations. Both films made the shortlists for Best Picture, Best Supporting Actor, Best Supporting Actress, and

Groove, an app that lets people find coworking partners, emerges from beta

Many office workers have rejoiced in the ability to work from home in the post-pandemic years, but for those who miss the camaraderie of an office or coworking space, a startup called Groove lets people find coworking partners by the hour.

Groove got its start, unsurprisingly, during the height of the pandemic-era lockdowns, when CEO Josh Greene and his cofounders were looking for a way to capture the experience of sitting alongside colleagues in a coworking space or coffee shop. Th

‘League of Legends’ developer Riot Games announces layoffs of 11% of staff

Riot Games, the developer of the popular “League of Legends” multiplayer battle game, is joining other tech companies that have been trimming their payrolls with a layoff of 11% of its staff.

In a lengthy statement to staff issued late Monday, CEO Dylan Jadeja and cofounder and president of the company Marc Merrill said the move was meant to “create focus and move us toward a sustainable future.” It said 530 jobs were being eliminated, accounting for abou

Australia sanctions a hacker who released health insurer client data

A Russian national has been sanctioned by the Australian government for his role in a cyberattack that compromised the personal information of more than 10 million Australians.

In October 2022, client data from Medibank, Australia’s largest health insurer, was released by an extortionist, including details of HIV diagnoses and drug abuse treatments, after the company refused to pay a ransom for the personal records of current and former customers.

On Tuesd

Ello is using AI to write hundreds of e-books to help kids learn to read

Ello, the AI-powered app that is designed to help young children learn to read, is expanding its library.

The company (which shouldn’t be confused with the defunct social media startup) plans to add an enormous catalog of e-books—more than 700 original titles, many of them created using AI—to its collection to boost its educational efforts. The books will be available through the Ello app, which leverages speech recognition technology to assist parents and teach

AI proponents: Enough with the ‘doomsday’ scenarios. Let’s focus on practical use cases

When leaders of some of the world’s biggest companies convened at the World Economic Forum’s annual meeting in Davos, Switzerland, last week, artificial intelligence was a big topic of conversation.

For good reason, too, as the international organization released a report ahead of the meeting identifying AI as one of the biggest global risks in the next two years and over the next decade.

But dire warnings about how AI is “incredibly dangerous”


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