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  Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images IAC said Monday it’s exploring a spinoff of Angi, an online platform that connects consumers with a marketplace of home improvement service providers, such as electricians and landscapers, in their area. Angi stock price was down nearly 4% in after-hours trading Monday. IAC shares…

HENNIKER, N.H. — When Hector Xu was learning to fly a helicopter in college, he recalled having a few “nasty experiences” while trying to navigate at night. The heart-stopping flights led to his research of unmanned aircraft systems while getting his doctorate degree in aerospace engineering at Massachusetts Institute of Technology. Then, he formed Rotor…

TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters. ByteDance reached out to investors in recent weeks, offering a price of $180.70 per share, the people said. The current…

When tech companies present their products as sleek autonomous computers, that ignores the labor powering the machines. Source link

Technology 30 May 2024, 2:14 pm 1 minute Reuters exclusively reported that TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version that operates independently of its Chinese parent and be more palatable to American lawmakers who want to ban it. The story…

Despite their attempts at gaining fame and fortune on television, it was in the kickboxing gym where the brothers truly thrived. They attended Storm Gym in Luton, a well-equipped facility in an old warehouse on a commercial estate, under the tutelage of Amir Subasic, an ex-military kickboxer, who became close with them and their family….