Tag: sign

  • Snap breaks into 'startup squads' as ad revenue stalls

    Snap breaks into 'startup squads' as ad revenue stalls

    Snap is breaking itself apart and rebuilding from within. In a new annual company letter, CEO Evan Spiegel just announced the company is restructuring around small “startup squads” of 10 to 15 people to better compete against larger competitors.

    The move comes as the 5,000-person company faces mounting pressure. Advertising revenue growth flatlined at 4% in the second quarter, and North American daily active users declined 2% to 98 million, a troubling sign in Snap’s most important market.

    Spiegel does highlight one bright spot: Snapchat+ subscriptions now generate over $700 million in annual recurring revenue from more than 15 million paying subscribers, making direct revenue “one of Snap’s fastest-growing opportunities.”

    Snap is also doubling down on Specs, building its own AR glasses that Spiegel envisions will replace smartphones entirely. He calls them a “a once-in-a-generation transformation towards human-centered computing.” (Meta and Google see the same future, partnering with Ray-Ban and Warby Parker, respectively.)

    Spiegel acknowledges the current stock price “reflects doubt” but writes that there’s “startup-style return potential” at Snap’s roughly $12 billion valuation. Left unsaid: that number is down 90% from September 2021, when Snap’s market cap topped $116 billion during the height of social media mania.

  • Elon Musk’s Neuralink Invites Global Patients to Test Groundbreaking Brain‑Chip Technology

    Elon Musk’s Neuralink Invites Global Patients to Test Groundbreaking Brain‑Chip Technology

    Neuralink’s Brain‑Control Bootcamp: Ready to Pilot the Future?

    Story origin: Written by Jesse Coghlan at CoinTelegraph.com.

    What’s the buzz?

    • Neuralink, the brain‑chip venture of Elon Musk, is throwing out the recruitment invite.
    • The device on the table? A mind‑hook that lets you drive a computer with nothing but thoughts.

    Calling All Thinkers

    They’re looking for volunteers worldwide. If you’ve ever believed your brain could do more than just think—now’s the chance to put it to the test.

    Neuralink Casts Its Net Wide: Quadriplegic Volunteers Wanted

    On April 2, Neuralink, the brain‑mesh pioneer run by Elon Musk, dropped a bold call for folks who can’t use their arms or legs. They’re hunting for plant‑in‑the‑brain champions to join a new clinical trial.

    What’s the Buzz About?

    • Three already on board—all quadriplegic—and the tech is learning to peek into the brain’s chatter.
    • The tiny implanted device is a driver of the PRIME study (Precise Robotically Implanted Brain‑Computer Interface).
    • Goal: Let patients control a computer or phone straight from the mind.

    How Does It Work?

    Neuralink’s plug‑in satisfies the “lab‑bench” side of the brain‑computer interface scene. Think mini wires wrapped around the neural spaghetti. And unlike those gold‑plate hats you see on streaming streams, this is a real, surgical implant.

    Beyond Neuralink

    This isn’t a solo mission—other labs and universities are dabbling in their own brain‑link flavours. Some go small and wired, others aim for non‑invasive hats that sit on the head. The goal? Turn thoughts into clicks, swipe, and maybe even take your first steps.

    Why It Matters

    For people trapped by paralysis, the idea of navigating life with a mind‑controlled screen could be a game‑changer. In a world where tech is pushing borders, Neuralink’s leap might just help folks feel the brush of freedom again.

    Neuralink: The Brain‑Computer Swiss Army Knife

    In a nutshell, Neuralink is on a quest to turn human thoughts into computer commands—think of it as the Wi‑Fi for your neurons. Musk’s startup is hunting for quadriplegics and individuals with amyotrophic lateral sclerosis (ALS) to test their pioneering PRIME clinical phase — a roughly six‑year journey that could give people a new way to interact with technology.

    Why it matters

    • Empowerment: The company isn’t just about typing; it’s about unlocking mental control over a computer or device.
    • Thrilling ambition: Musk wants Neuralink to go beyond simple user interface—he talks about “giving people superpowers.”
    • Cross‑capabilities: With a background in SpaceX and Tesla (not to mention his stint cutting budgets at the Trump administration), Musk’s multi‑industry experience fuels a bold vision.

    What the PRIME study looks like

    Participants will receive a tiny implant that reads their brain signals. The data then bridges to a software platform, translating thoughts into actions. If successful, individuals could pick up a phone, navigate a computer, or even write a poem—no hands needed!

    Key milestones
    • In‑patient testing begins soon.
    • After consent & safety checks, the six‑year program will involve regular MRI scans and software updates.
    • Phoenix‑style rollout—Musk promises a future where the tech becomes a “user’s own personal assistant.”
    Humor & humanity

    “Imagine picking up your coffee cup with just a thought,” Musk mused. “It’s like having a superhero sidekick that never runs out of battery.” In the meantime, Neuralink’s engineers are elbow‑deep in brains and wires, turning mind‑reading from dream to reality.

    First Neuralink patient reports no side effects after a year

    Neuralink’s First Real-World Success Story

    Noland Arbaugh has officially put his brain‑chip to work—and it’s been a hit! The guy, who’s been a quadriplegic for years, gave Neuralink a crash‑course demo in early 2023. He walked the mouse, played chess, and surfed the web—just a year later, his implant is a full‑blown sidekick.

    What he says about it

    • “No negative side effects physically or psychologically.”
    • Can now use the chip “for all sorts of things” and is probably abusing it for more than 10 hours a day.
    • “It’s only a matter of time before the implant is in dozens, then hundreds, then thousands of people.”

    Getting the wheels turned around

    Noland’s team at Neuralink is figuring out a way to let the chip steer a wheelchair. He’s wise about the risks, saying he won’t try it unless it’s “next to perfect.” He quips, “I think it benefits everyone if I don’t lose control and drive into traffic.”

    Full‑time keynote, full‑time hope

    He’s even landed a gig as a traveling keynote speaker thanks to the implant. It helps him write, research, and communicate online without the usual physical limits. “I can’t tell you how much hope and purpose this technology has provided me,” he wrote.

    Looking ahead

    With Noland’s experience proving the viability of the chip, Neuralink’s vision for a future where hundreds, maybe thousands, of people benefit from brain‑computer interfaces moves from science fiction to reality.