News

Don’t miss out on the newest products, announcements from tech giants, and thought-provoking debates happening in the industry. TechLoot got them all here so you can stay informed at all times.

Google Expands YouTube ‘Premium Light’ Plan: Lower Cost, Fewer Ads

YouTube is well-known for its Premium services that provide an ad-free experience, but now Google is gradually expanding its “Premium Light” plan to more countries, offering a similar service at a significantly lower price. “Premium Light” is a paid monthly subscription that removes most ads on YouTube, but without the extra benefits like YouTube Music,…

By Andrej Kovacevic 17th October 2024

SpaceX Teases Starship Flight 5’s Most Crucial Event – The Tower Catch

SpaceX continues to prepare for Starship Flight 5 in Texas as it awaits FAA approval, expected by late November at the earliest. After testing the tower’s catch arms recently, the company just lifted the 232-foot-tall Super Heavy booster at the launch tower to simulate a catch attempt. The tower catch is essential for Starship’s rapid…

By Andrej Kovacevic 20th September 2024

Trump’s Media Company Hit with Breach of Contract Ruling as Lock-Up Expiration Nears

In recent days, much attention has been directed at the upcoming removal of Trump’s share lock-up restrictions, potentially allowing him to sell shares in Trump Media and Technology Group (NASDAQ: DJT) worth billions of dollars. However, a new legal development has now captured the interest of investors. Trump Media’s Legal Dispute with Arc Global For…

By Andrej Kovacevic 17th September 2024

Samsung Set to Reduce Administrative Workforce by Up to 30% by End of 2024

Samsung is preparing for significant workforce reductions in its sales, marketing, and administrative departments to enhance efficiency across its operations. Thousands of Job Cuts Expected as Samsung Aims for Streamlined Operations 2024 has been marked by major layoffs across various industries, with the tech sector facing particularly harsh cuts. Companies like Intel have already announced…

By Andrej Kovacevic 12th September 2024

OpenAI Seeking New Round of Funding with a Valuation of $150 Billion: What Does It Mean for the Future of AI?

According to a report from Bloomberg, OpenAI, the company behind the revolutionary ChatGPT, is in discussions for a new round of funding that could skyrocket its valuation to a massive $150 billion. This is a notable increase from previous valuations, indicating the growing influence of artificial intelligence (AI) in multiple industries and OpenAI’s leadership in…

By Andrej Kovacevic 12th September 2024

Pavel Durov Ready to Exit Markets After Telegram Executives’ Arrest in France

In a bold move, Telegram’s CEO Pavel Durov has stated that the platform may abandon markets that impose heavy restrictions on privacy and freedom of expression. This announcement comes in the wake of recent arrests of Telegram executives in France, which has once again brought the platform’s resistance to strict government regulations into the spotlight.…

By Andrej Kovacevic 6th September 2024

Elon Musk Fears He Might Face Similar Fate as Telegram’s Founder, Reconsiders Travel Plans

Elon Musk has recently expressed concerns about his safety, drawing parallels to the situation of Pavel Durov, the founder of Telegram, who was recently arrested. This has sparked significant media attention, and Musk has become increasingly vocal about the matter. In response to a suggestion that he should reconsider his travel plans, Musk indicated that…

By Andrej Kovacevic 2nd September 2024

The Financial Duel Between Kamala Harris and Donald Trump: A $1 Billion Battle for the White House

The U.S. political stage is witnessing an intense rivalry between Kamala Harris and Donald Trump, with their campaign budgets surpassing a combined $1 billion. This contest is not just about ideas but also a financial showdown. Here’s how both sides plan to leverage these funds in their race to the White House. The Battle of…

By Andrej Kovacevic 2nd September 2024

Pavel Durov Released on Bail: 5 Key Points to Understand His Release

On Saturday night, Pavel Durov was arrested in Paris, France, on various charges ranging from fraud to terrorism. The arrest sparked significant media attention worldwide. However, today he has been released on bail, though he is still not allowed to leave France. Here’s everything you need to know: 1. Why Was Pavel Durov Released on…

By Andrej Kovacevic 29th August 2024

Telegram CEO Arrested by French Authorities Over Platform’s Lack of Moderation, Enabling Various Crimes

In a shocking turn of events, Pavel Durov, the founder and CEO of Telegram, was detained by French authorities outside the Paris airport shortly after disembarking from his private jet. The arrest is part of an ongoing investigation into the messaging platform’s lack of moderation, which, while enabling complete user anonymity, also facilitates unchecked criminal…

By Andrej Kovacevic 25th August 2024

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