Lyst, the fashion marketplace once valued at $700M, sells to Japan’s Zozo for $154M

Tesla is adapting its EV lineup in China to counter increasing competition, applying for new sales licenses for the longer-range Model 3 Plus and the Model YL, a three-row SUV. These new models aim to boost sales following a 14% global delivery drop, as domestic rivals like BYD pose significant challenges in the world's largest EV market. Explain It To Me Like I'm 5: Tesla is launching new versions of its popular electric cars in...

The AI gold rush is prompting organizations to embrace generative AI, which is now seen as essential for accelerating software development and automating customer interactions. However, without identity-first security, these deployments risk becoming vulnerable, as they operate more like inexperienced employees with extensive access but no oversight. Explain It To Me Like I'm 5: The rapid deployment of generative AI in enterprises, akin to a junior employee with unrestricted access, underscores the urgent need for...

Social engineering attacks have evolved significantly, leveraging generative AI, stolen branding, and deepfake technology to create highly convincing impersonations of executives and communications. Attackers now hijack social channels and fabricate realistic websites and emails, making their tactics far more sophisticated and personalized than before. Explain It To Me Like I'm 5: Social engineering attacks have evolved to become highly sophisticated and personalized, utilizing generative AI and deepfake technology to convincingly impersonate individuals and organizations. Want...

Uber has partnered with Chinese tech giant Baidu to integrate thousands of Baidu's Apollo Go robotaxis into its ride-hailing app, expanding the service beyond China and the U.S. Baidu has been testing these robotaxis in various Chinese cities since 2019, marking a significant step in autonomous ride-hailing services. Explain It To Me Like I'm 5: Uber is teaming up with Baidu to add a lot of robot cars to its app, helping people ride in...

The popular podcaster, once a supporter of Donald Trump in the 2024 presidential election, has publicly expressed outrage and disappointment over Trump's alleged cover-up of the Jeffrey Epstein case. This criticism includes amplifying conspiracy theories to his millions of followers, highlighting a significant shift in his stance towards the former president. Explain It To Me Like I'm 5: A famous podcaster is really upset with Donald Trump because he thinks Trump is hiding important things...

Chinese companies are rapidly ordering Nvidia's H20 AI chips as the company prepares to resume sales to mainland China, anticipating $15 billion to $20 billion in additional revenue following US government license approvals. Nvidia aims to restart shipments after CEO Jensen Huang's meeting with President Trump, emphasizing the critical demand for specialized hardware for AI applications since the launch of ChatGPT in 2022. Explain It To Me Like I'm 5: Chinese companies are quickly ordering...