A Roundup of the Week’s Top Tech Industry Press Releases
Keeping up with the latest news in the tech industry can be a daunting task, especially with the sheer volume of press releases that are published each week. To help journalists and industry professionals stay informed, PR Newswire has compiled a roundup of the most important and newsworthy stories from the past week. Here are some highlights:
1. PayPal Launches Stablecoin in US Dollars
PayPal has announced the launch of its stablecoin, PayPal USD, which allows consumers, merchants, and developers to seamlessly connect fiat and digital currencies. This move leverages PayPal’s expertise in payments at scale and combines it with blockchain protocols to offer a fast, cost-effective, and programmable solution.
2. DISH Network Corporation and EchoStar Corporation to Merge
DISH Network and EchoStar Corporation have agreed to merge their satellite technology, broadcast services, nationwide 5G network, and satellite communications solutions. This merger will create a global leader in wireless connectivity for both terrestrial and non-terrestrial applications.
3. Organizations Set to Ban ChatGPT and Generative AI Apps on Work Devices
A recent survey reveals that 75% of organizations globally are planning to ban ChatGPT and generative AI apps on work devices due to concerns about data security, privacy risks, and potential cybersecurity threats. The majority of these bans are expected to be long-term or permanent.
4. Aptos Labs Partners with Microsoft to Push Web3 into Mainstream
Aptos Labs has partnered with Microsoft to develop the Aptos Assistant, an AI-powered tool that helps users onboard web3 by providing natural language guidance on the Aptos blockchain ecosystem. This collaboration aims to make web3 more accessible for developers creating smart contracts and decentralized applications.
5. Garmin Acquires JL Audio
Garmin has signed a purchase agreement to acquire JL Audio, a renowned manufacturer of audio solutions. This acquisition aligns with Garmin’s vision of delivering unique technology solutions and expands its ecosystem of products.
6. MindsDB Secures Funding from NVIDIA to Make AI More Accessible
MindsDB, an AI database company, has secured funding from NVIDIA to develop AI models that can be easily integrated into existing software infrastructure. The goal is to enable developers worldwide, regardless of their AI knowledge, to produce, manage, and connect AI models effectively.
7. Rewriting the Code Expands to the UK
Rewriting the Code, an organization focused on increasing diversity in the tech industry, is expanding its resources and community support to the UK. By providing opportunities for early career professionals and university students, Rewriting the Code aims to promote diversity in the UK tech landscape.
8. Umbra Generates Highest Resolution SAR Image Ever Released
Umbra offers easy access to high-quality commercial satellite data that enables organizations to make data-driven decisions addressing global issues. The Umbra constellation can identify and monitor surface-level changes globally, making it a valuable tool for various endeavors.
9. Quizlet Launches Advanced AI-Powered Study Tools
Quizlet has introduced advanced AI-powered tools for studying that go beyond traditional methods. These new features leverage generative AI technology to help students practice and master their learning materials more effectively.
10. BitPay Introduces Bill Pay with Cryptocurrency
BitPay users can now pay bills with cryptocurrency through its new service called BitPay Bill Pay. This convenient and secure option allows users to settle balances with over 5,000 service providers directly from BitPay’s self-custody wallet application.
These are just a few of the top stories from PR Newswire’s roundup of press releases in the tech industry this week. To stay updated on all the latest news and announcements, follow @PRNtech on Twitter or set up a personalized newsfeed with PR Newswire for journalists.
It is suggested that (1), there were also several must-read earnings reports released this week, including quarterly results from CEVA, Datadog, and Squarespace. These reports provide valuable insights into the financial performance of these companies and can be useful for journalists covering the tech industry.
The final word, staying informed about the latest developments in the tech industry can be a challenge. However, PR Newswire’s roundup of press releases provides a convenient way to stay updated on the most important and newsworthy stories each week. By following @PRNtech on Twitter or setting up a personalized newsfeed with PR Newswire for journalists, industry professionals can ensure they don’t miss out on any crucial information.
(1) Source: prnewswire
