Connect with us

Tech

I include never had a boyfriend for a decade. Right here’s what I’ve realized.

Published

on

I include never had a boyfriend for a decade. Right here’s what I’ve realized.

Illustration of a girl who is single by more than just a few.

Credit: vicky leta / mashable

I changed into at a funeral just a few months ago when one thing changed into stated to me that threw my location as my family’s perennial singleton into spirited assist.

I changed into retaining my cousin’s new infant when a relative called out, “Get a appropriate seek info from at this. For this reason of it’ll be the closing time you ever witness Rachel retaining a puny bit one.”

My aunts, uncles, cousins, and even family chums grew to changed into their heads to function exactly as they’d been urged: include a appropriate gawp at me. Someone even took a portray to memorialise this second.

It changed into the principle appropriate snigger I’d had all the perfect draw by strategy of what had been an in some other case upsetting day.

That changed into the umpteenth time that day I’d had a observation about my absence of a accomplice. “Are you now now not married yet?” one relative asked me all the perfect draw by strategy of the wake. “They have not made the person for Rachel,” somebody else interjected. “Is that so?” I retorted.

This year, I’m celebrating 10 years of being single. A decade since I broke up with my closing serious boyfriend and by no draw regarded lend a hand. This time has been a priceless interval of discovering out and deepest growth.

That might maybe well well also honest well sound trite, but I have been reflecting on the solutions this decade has brought me; the now now not easy classes reaped in moments of painful heartbreak, the experiences that brought with them unparalleled insights about myself. It’s now now not easy to distill 10 years of being boyfriend-free into one article, but I assumed I’d allotment one of the crucial most critical classes I’ve realized all the perfect draw by strategy of this time.

Some of us are miserable around single-by-more than just a few females

The principle lesson I realized is twofold.

The second at the family funeral is for creep one of innumerable interactions I’ve had the displeasure of tolerating. In discovering out that my protracted singledom leaves some of us scratching their heads, I also developed suggestions for deflecting those comments and feeling decidedly unbothered by them. Need I remind these those that they had been the ones instructing me to “D-U-M-P” the closing time I had a boyfriend. Like severely, what function you desire to include from me?

It’s now now not honest my extended family. I’ve noticed chums making an strive to show veil my location as an unattached human, inserting their include narrative at any time when. “I feel I’ve figured it out,” one supreme friend informed me. “You honest textual explain guys with out ever occurring dates with them.”

“You are so abnormal,” any other supreme friend told me. “It’s honest now now not a precedence for you honest now, that is all,” any other concluded. The latter assertion is closest to the truth. But, why is my lack of boyfriend one thing that requires an clarification or excuse? When changed into the closing time you heard a couple explaining why they aren’t single?

When changed into the closing time you heard a couple explaining why they aren’t single?

I’ve changed into very skilled at deflecting the inane questions about my singledom with vaguely witty quips. “I’ve truly opted for a lifetime of feminist separatism!” is my current favourite. But largely I honest snigger loudly and drink my wine.

In the course of a current family gathering, a youthful female relative brought up the comments I salvage about my lack of boyfriend. “Does it now now not construct you basically offended? For this reason of it annoys the hell out of me.” In actual fact, it basically would now not. “Oh I truthfully might maybe well well now not give a fuck,” changed into my answer.

Presumably the absence of a boyfriend makes my family and chums uneasy. Presumably they ponder how this abnormal anomaly ended up in their family. However the supreme conception I care about on this explicit enviornment is my include. And albeit, I basically feel kick back as fuck about being single.

There might be now now not any ‘if’ and ‘when’

For a long way of my children and twenties I told myself I’d lunge on a date once I’ve lost weight. I’d basically feel appropriate about myself once I shed just a few kilos. After I’m skinny, I’ll be magnificent and therefore “lady friend cloth”.

I, admire many females and girls, ingested the patriarchal belief that to be magnificent technique to be skinny. I basically include battled the perilously shut relationship my weight and self confidence include had since girlhood. In class, I longed to swap areas with somebody else. I regarded at numerous girls in my year who carried themselves with an air of confidence. I longed to be them. I yearned to know what it felt desire to admire the pores and skin you’re in. However truly, those girls might maybe well well also honest well had been combating their include interior battles.

These thoughts didn’t lunge away. They obtained louder, extra now now not easy to drown out. Each and occasionally they quietened down, but there changed into forever a low hum thrumming in the background. I tried to tackle them in the worst draw imaginable — by limiting my meals consumption. However the self confidence I had promised myself by no draw arrived. I waited for it but it completely by no draw came. I realised the replace didn’t include to approach lend a hand from outside — it wasn’t the flesh on my physique that desired to replace, however the thoughts within it. My relationship with meals is higher now. But once rapidly those thoughts rear their heads.

Loving your self is now now not easy. But it completely’s the supreme relationship any of us will ever include.

A pair of months ago, I uttered some of those thoughts aloud to 2 of my dearest chums. That since early life I’d been promising myself a lifestyles that might maybe well well simplest be unlocked if I regarded a obvious draw. Like a video game with a level I honest might maybe well well now not salvage to. “Man, the patriarchy has basically done a amount on us,” one supreme friend answered.

“Someday,” my numerous supreme friend decrease in. “That you just can well seek info from lend a hand at photos of your self and realise honest how sizzling you once had been.” When she stated this, I started to weep. I’d already skilled the beginnings of that all the perfect draw by strategy of one meandering down reminiscence lane. I’d regarded by strategy of photos of myself from several years ago and felt unspeakably sad that I hadn’t realised how stunning I had regarded.

Like Lizzo stated: “It’s so now now not easy making an strive to admire your self in a world that would now not admire you lend a hand.”

Loving your self is now now not easy. But it completely’s the supreme relationship any of us will ever include.

On my own time is a treasured commodity

An older man once told me to construct the most of my writing occupation whereas I’m young and puny one-free. “For this reason of once you include young of us, you won’t include time.” I puzzled if he’d ever grunt that to a male journalist.

Speaking of gender and writing, a current Guardian fragment — entitled “A lady’s supreme enemy? An absence of time to herself” — basically crystallised the total lot I’ve felt as a girl with a have to put in writing.

“A pair of months ago, as I struggled to carve out time in my crowded days for writing, a colleague suggested I read a book about the day-to-day rituals of huge artists,” writes Brigid Schulte in the fragment. “But as an more than just a few of offering me the foundation I’d hoped for, what struck me most about these creative geniuses – largely males – changed into now now not their schedules and day-to-day routines, but those of the females in their lives.” Schulte concluded that in expose to manufacture, prolonged stretches of on my own time are fundamental, but “that’s one thing females include by no draw had the plush to request of.”

Since I started writing creatively all the perfect draw by strategy of my childhood and early life, I basically include struggled with a feeling of antsy nervousness that somebody changed into going to approach lend a hand alongside and repeat me to salvage up and construct myself priceless. Even once you include two feminist of us, it takes a few years of work to unlearn the socially imposed belief that writing time is a guilty pleasure — time you will be in a position to include stolen from numerous extra deserving duties.

I’m now now not very appropriate at multitasking. I’m at risk of distractions. I’m, in transient, a creator. In expose to salvage any writing done outside of my 9-5 workday, I typically need massive swaths of uninterrupted creative on my own time. My weekends and evenings are spent writing, punctuated with espresso or drinks with chums. As a creator, I earn that aloneness is a indispensable. Each and each referring to getting home to assume and opinion, moreover unbroken classes of free time to honest sit down and write the rattling thing.

Illustration of a girl having a seek info from unimpressed

NO. TIME.
Credit: vicky leta / mashable

As my supreme friend pointed out, I basically include prioritised writing above all else in my lifestyles — other than for my instantaneous family. But that often feels admire it has approach at a payment. Broken friendships. Cancelled dates. Never-ending guilt and feelings of full selfishness.

Corollary assertion: I understand it be imaginable to function both. There are females writers in loving relationships. I honest have not yet realized function both.

The truth for me, as a minimal, is that I earn dating one massive distraction. One which I are inclined to dip my toe interior and out of once I basically include the time and energy. Presumably I’m selfish. And even I’m honest doing what male writers had been doing for hundreds of years — per chance even millennia.

But warding off distraction is now now not forever straightforward, and it teaches you some brutal classes.

Some of us point out extra to you than you function to them

A person I dilapidated to admire came to end at my flat three months ago. What ensued changed into doubtlessly for creep one of many worst issues I’ve ever build myself by strategy of.

We might maybe well maybe had a droop three years ago. But that droop changed into re-flung one or two extra instances after the principle droop ended. I fell in admire. I typically preface that sentence with “stupidly,” but I understand it didn’t basically feel dull at the time. These feelings, it might maybe maybe well well seem, weren’t returned. In opposition to the advice of my chums and family, I stated yes to seeing him all the perfect draw by strategy of a consult with to London. In hindsight, I include to include heeded their warnings.

As we sat spirited wine in the wee diminutive hours, he veered the conversation in the dreadful territory of his admire lifestyles. “The article is, I’m honest basically now now not easy to admire,” he told me. I — a one who had, unbeknown to him, most well-liked him once upon a time — told him he wasn’t. He snapped at me: “you construct now now not know my trip.” Presumably now now not, but I function know my include.

Each and occasionally you can well very well be feeling issues. Each and occasionally numerous of us don’t. Don’t rob it for my fragment.

What came about next sparked an epiphany. He reeled off the critical romances he’d had in current years. My name changed into particularly absent from the record. “Earlier than my ex, there changed into no one for 3 years.”

I nodded and made the general honest noises, but my head changed into quietly totting up the arithmetic. In this equation, the answer changed into optimistic: I changed into “no one”. What had been a fallow interval of unromance for him had been a fraction of unparalleled heartbreak and self-torture for me.

Later, I cried down the cell phone to a chum as he slept peacefully on the sofa downstairs. It changed into a second of realisation that I had lived an alternative truth in which I’d deluded myself that I’d mattered to somebody. The truth of the subject changed into that I didn’t construct the decrease of memorable romances.

Realising that he’d meant loads extra to me than I needed to him changed into a indispensable realisation, albeit a painful one.

Each and occasionally you can well very well be feeling issues. Each and occasionally numerous of us don’t. Don’t rob it for my fragment.

When to dump him

A pair of days ago I changed into rooting by strategy of my archaic issues at my of us’ home once I chanced on my archaic diary from the year I grew to changed into 21 — which coincided with my closing serious relationship.

So much of pages into the diary, I came all over an entry dating lend a hand to 2009, around the time I made a decision to full issues with my closing boyfriend. “Had, at this stage, decided that I desired to dump Cut,” I wrote. “What a bore. Design now now not understand why I hadn’t done it already??!”

When you will be in a position to excuse the unabashedly heartless tone of the writing (I changed into 21), I feel I will had been onto one thing. Not that I took that lesson remotely to heart lend a hand then, needless to exclaim. Nope, it be taken me 10 years of lingering too prolonged in poisonous situationships and turbulent informal flings to at closing salvage the hint: you’ll want to include dumped him a prolonged time ago.

There changed into the fellow who changed into so emotionally abusive that I dilapidated to throw up after I spent time with him. That identical guy who would shake his head at me once I asked a build a query to and grunt my name in admonishment. That identical guy who would shush me and roll his eyes at me. Unnecessary to advise, I by no draw have to conception or hear from him ever any other time.

There changed into the fellow in any other metropolis who invited me to approach lend a hand end with him for just a few days who casually dropped in one evening that he had a lady friend — simplest after we would slept collectively, needless to exclaim! There changed into even a guy this summer season who didn’t pay consideration once I stated I wasn’t free for a date that very afternoon, who promptly showed up at my home declaring “I’ve draw to earn you, let’s lunge!” Sorry, what?

If there is one thing you learn from a decade of dating, it be boundaries. Boy, function I basically include some serious boundaries now.

illustration of a girl in front of a tree trunk with an R etched into it

Being single has taught me to be kinder to myself.
Credit: vicky leta

These males all outstayed their welcomes in my admire lifestyles. The one blessing is that I now know what I will and can honest now now not build up with. I do know the crimson flags. I do know the issues to be wary of. And crucially, I do know when to inform those graceful three phrases: “We’re done.”

Lifestyles, as all americans knows, is brimming with classes. A pair of of those classes are more difficult than others.

There had been the lightning-flash epiphanies that arrived at my lowest ebbs. Moments admire the time I stood crying on a New York Metropolis sidewalk, I made a promise to myself about how I needs to be treated by future males in my lifestyles. There include also been extra leisurely academic opportunities — issues which include taken years to resolve out, and others I’m smooth working on.

Most critical of all, this decade of being single has taught me to be kinder to myself.

Gleaming when to silence the interior critic, how I deserve to be treated, that my mark lies now now not in whether or now now not I basically include a accomplice, that on my own time is treasured. These are the devices of wisdom I will elevate with me for a few years to approach lend a hand.

This text changed into first published in 2019 and republished in 2023.

Mashable Image

Rachel Thompson is the Aspects Editor at Mashable. Based mostly mostly in the UK, Rachel writes about sex, relationships, and online culture. She has been a sex and dating creator for a decade and he or she is the creator of Tough (Penguin Random Residence, 2021).

This e-newsletter might maybe well well also honest include advertising, deals, or affiliate links. Subscribing to a e-newsletter indicates your consent to our Terms of Exercise and Privacy Policy. That it’s also possible to honest unsubscribe from the newsletters at any time.

Sahil Sachdeva is the CEO of Level Up Holdings, a Personal Branding agency. He creates elite personal brands through social media growth and top tier press features.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech

Big Tech Executives Warn That Europe’s New AI Law Could Stifle Innovation

Published

on

gettyimages-2153566709

Executives from major technology companies are expressing concerns that Europe’s newly proposed AI legislation might hinder innovation. The law, designed to regulate the development and deployment of artificial intelligence, aims to ensure ethical standards and protect consumer rights. However, industry leaders argue that the stringent regulations could slow down technological advancements and place European companies at a disadvantage compared to their global counterparts.

The AI Act, introduced by the European Commission, seeks to impose strict guidelines on the use of AI, particularly in high-risk applications. It includes provisions for transparency, accountability, and oversight, requiring companies to conduct rigorous assessments and provide detailed documentation of their AI systems. While the goal is to mitigate risks and prevent misuse, tech executives worry that the bureaucratic burden and compliance costs could be prohibitive, especially for smaller firms and startups.

Critics of the law contend that it might drive innovation outside Europe, as companies might prefer to develop and deploy AI technologies in regions with more flexible regulatory environments. They argue that a balanced approach is needed, one that safeguards public interest without stifling technological progress. The debate highlights the challenge of crafting policies that both foster innovation and ensure the ethical use of AI.

As the legislation moves through the European Parliament, tech industry representatives are calling for revisions that would reduce the regulatory burden while maintaining the law’s core protective measures. The outcome of this legislative process will significantly shape the future landscape of AI development in Europe and its global competitiveness in the tech sector.

Continue Reading

Tech

Why OpenAI Should Be Concerned About a Potential Lawsuit from Scarlett Johansson

Published

on

gettyimages-1492861059

In recent years, the intersection of artificial intelligence and entertainment has led to groundbreaking advancements in creating lifelike digital avatars of celebrities. However, this promising technology is not without its legal and ethical implications, as evidenced by the looming threat of a lawsuit from Scarlett Johansson against OpenAI.

The crux of the matter lies in OpenAI’s use of Johansson’s likeness without her consent. The organization, renowned for its cutting-edge AI research, developed an AI model capable of generating realistic images of individuals based on textual descriptions. In a demonstration of the model’s capabilities, OpenAI showcased images resembling Johansson, among other celebrities, without seeking permission from the actors themselves.

Johansson, a prominent Hollywood actress known for her roles in blockbuster films, including the Marvel Cinematic Universe, has long been protective of her image rights. This unauthorized use of her likeness has understandably raised concerns regarding privacy, intellectual property, and the potential for exploitation in the digital realm.

The legal landscape surrounding the use of celebrity likenesses in AI-generated content is complex and evolving. While existing laws offer some degree of protection, they may not adequately address the unique challenges posed by AI technology. Furthermore, the precedent set by this case could have far-reaching implications for the future of AI-driven content creation and the rights of individuals to control their image.

Beyond the legal ramifications, the dispute between OpenAI and Johansson underscores broader ethical considerations surrounding AI development. As AI systems become increasingly sophisticated in mimicking human behaviors and appearances, questions arise regarding consent, authenticity, and the potential for misuse. Striking a balance between technological innovation and ethical responsibility is imperative to ensure that AI serves the greater good without infringing on individual rights.

In response to the controversy, OpenAI has emphasized its commitment to responsible AI development and ethical guidelines. However, the looming specter of litigation serves as a sobering reminder of the complex ethical and legal challenges inherent in the intersection of AI and entertainment.

As the legal battle between OpenAI and Scarlett Johansson unfolds, it is poised to shape the future trajectory of AI-driven content creation and the rights of individuals in the digital age. The outcome of this case will undoubtedly reverberate throughout the technology, entertainment, and legal sectors, leaving a lasting impact on how we navigate the evolving landscape of AI and its implications for society.

Continue Reading

Tech

Amazon Web Services CEO to Step Down: Major Leadership Change Announced

Published

on

gettyimages-1808364693

Amazon’s cloud computing division, Amazon Web Services (AWS), is set for a significant leadership change. Adam Selipsky, the current CEO of AWS, will step down from his role next month, the company announced on Tuesday. Selipsky, who has been with AWS since 2005, took the helm in 2021 after former AWS CEO Andy Jassy was promoted to lead all of Amazon.

Matt Garman, currently the vice president of sales, marketing, and global services at AWS, will succeed Selipsky as CEO starting June 3.

The leadership of AWS is crucial for Amazon, as the cloud computing unit contributes nearly two-thirds of the company’s overall profits. With annual revenues exceeding $90 billion last year, AWS outpaces many standalone companies in size.

AWS is at a critical juncture with the rise of artificial intelligence. The company is rolling out new tools and capabilities to establish itself as the preferred computing provider for emerging technologies. However, AWS faces stiff competition from Google Cloud and Microsoft Azure.

Under Selipsky’s leadership, AWS has seen sales grow by more than 85%. Despite this growth, Amazon shares fell by over 1% following the announcement of his departure.

In an email to staff, Amazon CEO Andy Jassy explained that Selipsky’s tenure was always intended to be brief. Jassy noted that when he transitioned from AWS to lead Amazon, he recognized the need for strong leaders at AWS who could benefit from additional experience under an experienced CEO.

“When Adam and I discussed him taking the role in 2021, we agreed it would likely be for a few years, with a focus on preparing the next generation of leadership,” Jassy said. “Adam has skillfully led the business while developing his leadership team.”

Selipsky expressed gratitude for his time at AWS. “I’m humbled by the many customers who have said they wouldn’t be what they are without AWS, thankful to our many partners, and grateful to my passionate and innovative teammates. AWS will be in great hands with Matt and the incredible leadership team,” he shared in a post on X (formerly Twitter).

Matt Garman, who has been with Amazon since 2005, was long considered a top contender for the AWS CEO role. He started as an intern and later became one of AWS’s first product managers. Garman has since held various key positions, including general manager of AWS Compute Services, before moving to lead the sales division.

This leadership transition marks a new chapter for AWS as it continues to navigate a competitive landscape and rapidly evolving technological advancements.

Continue Reading

Tech

Australia and US Unveil Cutting-Edge Undersea Drones: Ghost Shark and Manta Ray

Published

on

2024-04-manta-ray-update-surface-dsc05179-full-res-photo-from-northrop-grumman

Ghost Shark and Manta Ray might sound like characters from a future Marvel movie, but they represent a significant leap forward in Pacific naval defenses. These prototype uncrewed underwater vehicles (UUVs) were recently introduced by Australia and the United States, and they could revolutionize undersea warfare by enhancing power while minimizing the risks to human life.

Developed by Australia, Ghost Shark, and crafted by Northrop Grumman in the US, Manta Ray, significant advancements in military technology. The Ghost Shark prototype, “Alpha,” was co-developed by the Defence Science and Technology Group, Navy, and Anduril Australia. It offers stealthy, long-range autonomous capabilities for intelligence, surveillance, reconnaissance, and strike missions. According to the Australian Defense Ministry, the first production models are expected by the end of next year, though specific details remain classified.

In the United States, the Boeing-built Orca UUV and Northrop Grumman’s Manta Ray prototype showcase modular designs for varied payloads and efficient deployment. Aerial drones have become commonplace in warfare, and their maritime counterparts are set to follow. Drones have been extensively used by the US in conflicts in Iraq and Afghanistan since the 1990s and have become key military hardware in the Russia-Ukraine conflict. Kyiv’s naval surface drones have inflicted significant damage on Russia’s Black Sea Fleet.

However, controlling drones underwater presents unique challenges. Unlike aerial and surface drones that use satellites and radio waves, underwater drones face communication barriers due to water’s properties. A 2023 study published in the Swiss journal *Sensors* highlights that underwater communications require more energy and suffer significant data loss due to variables like water temperature, salinity, and depth. Makers of the new generation of military UUVs have not disclosed how they will overcome these challenges.

When Australia unveiled Ghost Shark, it called the prototypes “the most advanced undersea autonomous vehicles in the world.” These UUVs are designed to provide the Navy with stealthy, long-range capabilities for persistent intelligence, surveillance, reconnaissance (ISR), and strike. This innovation marks a significant milestone in undersea defense technology.

Australian officials and those from manufacturer Anduril Australia have not shared specific details on Ghost Shark due to classification. However, they emphasized the speed of development from concept to prototype within two years. “Being ahead of schedule, on budget, it’s pretty unheard of,” said Shane Arnott, Anduril’s senior vice president for engineering. Australia’s chief defense scientist, Tanya Monro, stated that delivering the first Ghost Shark prototype ahead of schedule sets a new standard for rapid capability development.

Emma Salisbury, a fellow at the British think tank Council on Geostrategy, noted that Ghost Shark seems similar to the Orca extra-large UUV being developed in the US. Ukraine has used sea drones effectively against Russia’s Black Sea Fleet, with each drone carrying at least 250kg (500lb) of explosives. Salisbury suggested that these UUVs are likely intended for similar missions, focusing on intelligence, surveillance, reconnaissance, and anti-submarine capabilities.

The US Navy describes the Boeing-built Orca UUV as a cutting-edge, autonomous, unmanned diesel-electric submarine with a modular payload section for various missions. The modular design allows the Orca to carry different weapons or specialized equipment for reconnaissance or intelligence gathering. The Pentagon plans to acquire five more UUVs, but no specific timetable has been provided. The Orca has been in development for over a decade, highlighting the contrast with the rapid progress of Australia’s Ghost Shark.

Chris Brose, Anduril’s chief strategy officer, stated that the company and Australia are proving that these capabilities can be developed much faster, cheaper, and more intelligently. Anduril Australia indicated that Ghost Shark, developed entirely domestically, would be available for export after joining the Australian naval fleet.

Meanwhile, the US continues to innovate with Northrop Grumman’s Manta Ray, which was tested off Southern California in February and March. The Defense Advanced Research Projects Agency (DARPA) praised Manta Ray’s modularity, which allows payloads to be switched out depending on the mission. The Manta Ray can be broken down to fit into five standard shipping containers, transported to the deployment site, and reassembled in the field. This method saves internal energy for the mission instead of using it to reach the deployment site.

DARPA program manager Kyle Woerner highlighted the innovation in Manta Ray’s design, which began in 2020. Despite slower development compared to Ghost Shark, DARPA is working with the US Navy on the next steps for testing and transitioning the technology. China, identified by the US military as a primary threat in the Pacific, is also advancing in UUV development. Submarine expert H I Sutton suggests that Beijing has at least six extra-large UUVs in development based on open-source intelligence.

Besides Australia, the US, and China, other countries developing UUVs include Canada, France, India, Iran, Israel, North Korea, Norway, Russia, South Korea, Ukraine, and the United Kingdom. The rapid evolution of UUV technology underscores the strategic importance of undersea defenses in modern military operations. Ghost Shark and Manta Ray exemplify the cutting-edge advancements leading this transformative shift in naval warfare.

Continue Reading

Tech

Wall Street’s Renewed Fascination with Roblox: Uncovering Three Driving Forces

Published

on

gettyimages-1771143243-restricted (1)

In recent months, Wall Street has witnessed a resurgence of interest in the virtual gaming platform, Roblox. While this may come as a surprise to some, there are several compelling reasons behind this renewed enthusiasm among investors.

Firstly, Roblox has demonstrated impressive growth potential. With its unique combination of gaming, social interaction, and user-generated content, the platform has captured the imaginations of millions of users worldwide. This exponential growth trajectory has not gone unnoticed by Wall Street, with analysts and investors alike eager to capitalize on Roblox’s promising future.

Secondly, Roblox’s innovative business model has garnered attention for its monetization strategies. Unlike traditional video game publishers that rely on upfront sales or subscription fees, Roblox operates on a freemium model, allowing users to play for free while offering optional in-game purchases. This approach has proven to be highly lucrative, with Roblox reporting robust revenue streams from virtual items, in-game currency, and developer payouts. Wall Street recognizes the potential of this business model to generate sustained revenue growth and profitability over the long term.

gettyimages-2078959000 (1)

Lindsey Nicholson/UCG/Getty Images/File

Lastly, Roblox’s strategic partnerships and expansion efforts have bolstered investor confidence. The platform has forged collaborations with major brands, entertainment companies, and celebrities to create exclusive virtual experiences, further enhancing its appeal to users and investors alike. Additionally, Roblox has been actively expanding its presence in international markets, tapping into new audiences and revenue streams. These strategic initiatives signal Roblox’s commitment to continued growth and innovation, making it an attractive investment opportunity for Wall Street.

In conclusion, Wall Street’s renewed interest in Roblox can be attributed to its impressive growth potential, innovative business model, and strategic expansion efforts. As the platform continues to evolve and capture the hearts of users worldwide, investors are increasingly bullish on Roblox’s prospects for long-term success.

Continue Reading

Tech

Rising Tensions in Silicon Valley as Controversy Brews Over Start-Up Stock Sales

Published

on

00startup-stocks-superJumbo

In March, the entrepreneurial vision of Sohail Prasad materialized into the Destiny Tech100 fund, a venture poised to capitalize on the allure of technology titans like Stripe, SpaceX, and OpenAI. This fund, designed to grant broader access to privately held companies’ shares, ignited hope among investors eager to claim a stake in Silicon Valley’s hottest prospects.

Yet, Destiny’s debut was swiftly shadowed by controversy. Denials from tech luminaries Stripe and Plaid regarding Destiny’s ownership of their shares rocked the nascent fund. Concurrently, detractors lambasted Destiny as “too good to be true,” while Robinhood, the popular stock trading app, hastily removed the fund from its offerings, citing an erroneous inclusion.

startup-stock-mgpt-superJumbo

Sarah Blesener for The New York Times

Amidst the tumult, Prasad remained resolute, interpreting the uproar as emblematic of a cultural shift, with Destiny positioned as a vanguard of change.

These developments underscore a mounting tension surrounding the enigmatic domain of private company stocks, a realm witnessing an unprecedented surge in activity. Secondary market transactions, forecasted to soar to a staggering $64 billion this year—a 40% surge from the previous year—signal a profound evolution in investment dynamics.

As investor appetite swells, a proliferation of online platforms emerges, connecting sellers with eager buyers. Destiny, among the few options accessible to retail investors, stands as a beacon amid a landscape predominantly accessible to accredited investors.

Yet, amidst this fervor, challenges emerge. Many entrenched start-ups, accustomed to tightly controlled ownership structures, now confront mounting pressure as a broader spectrum of investors clamor for shares. Compliance with intricate securities laws becomes increasingly convoluted, raising multifaceted concerns for all stakeholders involved.

In this ever-evolving panorama, a poignant question resonates: should the riches and risks of Silicon Valley’s entrepreneurial endeavors be democratized? As tensions escalate and uncertainty looms, the future of private company stock trading hangs in a precarious balance, poised at the intersection of aspiration and apprehension.

Continue Reading

Tech

Big Tech’s Showdown: The Climactic Google Trial Marks the Strongest U.S. Challenge to Tech Power

Published

on

02google-endgame-wfgp-superJumbo (1)

In the heart of Silicon Valley, a legal showdown is underway that could reshape the landscape of the tech industry. The trial, often dubbed as the strongest challenge to Big Tech’s power in the United States, revolves around none other than Google, the search engine giant that has become synonymous with internet navigation.

At its core, the trial questions whether Google, with its unparalleled dominance in the search engine market, has engaged in anti-competitive practices that stifle innovation and harm consumers. The outcome of this trial could have far-reaching implications not only for Google but for the entire tech ecosystem.

For years, critics have raised concerns about Google’s business practices, particularly its control over online advertising and search results. Allegations range from favoring its services in search results to striking deals that effectively block out competitors. The trial represents a culmination of these concerns, bringing them to the forefront of public and regulatory scrutiny.

One of the key arguments put forth by the prosecution is that Google’s dominance in search gives it an unfair advantage in other markets, such as online advertising, where it holds a commanding position. By allegedly manipulating search results to promote its products and services, Google is accused of stifling competition and limiting consumer choice.

On the other hand, Google contends that its search engine algorithms prioritize user experience and relevance, rather than promoting its interests. The company argues that competition in the digital sphere is fierce and that its success is a result of delivering what users want.

Regardless of the outcome, the Google trial marks a significant moment in the broader conversation about Big Tech regulation. It comes at a time when governments around the world are increasingly scrutinizing the power wielded by tech giants and exploring ways to curb their influence.

Beyond Google, the outcome of this trial could set a precedent for future antitrust actions against other tech giants like Amazon, Facebook, and Apple, which have also faced scrutiny over their market dominance.

As the trial unfolds, all eyes are on the courtroom, where the fate of Big Tech’s power hangs in the balance. Whatever the verdict, one thing is certain: the Google trial will leave a lasting impact on the future of the tech industry and the regulation of its most powerful players.

Continue Reading

Business

The Future of Entrepreneurship: Insights from Royan Nidea’s Vision

Published

on

image1

Royan Nidea

With a rapidly evolving technological landscape and changing consumer preferences, the online business holds immense potential to unleash. Businesses around the globe are constantly trying to find their competitive advantage in order to stay relevant and remain ahead of the curve. The dynamics of doing business in today’s digital era are constantly changing, which is why innovation and adaptability are crucial for sustained growth. However, there are so many avenues to pursue in online business that entrepreneurs often find themselves overwhelmed and getting struck. In situations like these, Royan Nidea, a seasoned entrepreneur in online space and the founder of Setters Philippines, highlights the importance of attention management. In a marketplace inundated with information and distractions, the ability to focus on one’s core objectives becomes paramount. While navigating the noise may pose challenges, those who can prioritise and focus on their “one thing” stand tall for success.

Recognising the Potential of Online Business

From being an 18-year-old college dropout to owning a corporation at 30 years old, Royan’s journey into the online space began while he was working with a coaching consulting firm, where he discovered the untapped power of LinkedIn for acquiring clients. This pivotal moment planted the seed of an idea to create a platform that could seamlessly connect highly trained and experienced virtual assistants with businesses looking for effective scaling solutions. 

Setters Philippines was born with a vision of creating one million online jobs. Today, with the power of virtual assistants, Setters Philippines not only empowers Filipinos but also enables entrepreneurs worldwide to scale their businesses efficiently. Not just that, Setters Philippines supports business owners in taking better care of themselves, allowing them to focus on core business activities, spend quality time with loved ones and provide greater customer service. And how? by utilising virtual assistants to assist them in reclaiming their time. 

By recognizing the potential of emerging technologies and leveraging them in their best capacity to address market needs, entrepreneurs can carve out their paths to success in the digital landscape.

Exploring Unconventional Paths

Royan chose a partnership model rather than an employment one for Setters Philippines, allowing anyone to sign up as a virtual assistant without having to pay anything upfront. Royan’s business views them as partners and provides them with a dynamic network, training in a variety of approaches, including LinkedIn and email lead generation, and most crucially, direct clientele. His team is reaching out to more than 10,000 decision makers a day to match them with premium virtual assistants.

With this novel strategy, partners only split revenue when they’ve acquired clients and begun to make money, which promotes organic growth. Actually, 75% of the partners’ revenue is retained by them. 

Thinking beyond traditional ways and trying unconventional approaches to establish connections with partners and consumers can work wonders, especially in the digital realm. Entrepreneurs can create platforms that connect buyers and sellers, offer services, or facilitate collaboration. Ultimately it all boils down to –  how your business can become a hub for value exchange.

The Future of Online Business and Entrepreneurship

Reflecting on his journey, Nidea recalls his early foray into online work in 2017. At the time, the full potential of the online entrepreneurship space was yet to be realised. However, a conversation with his wife in 2019 sparked a realisation – a prediction that the majority of the workforce would eventually transition to remote work. Little did he know that a few months later, a global pandemic would accelerate this shift and to everyone’s surprise people adopted the idea of working from home and that too with ease.

Today, as businesses increasingly embrace remote work models, entrepreneurs have unprecedented opportunities to tap into a diverse talent pool and operate on a global scale. Moreover, the pandemic has underscored the importance of building and engaging with online communities. Entrepreneurs can leverage these communities for networking, knowledge sharing, and customer engagement. By collaborating with like-minded individuals and learning from their experiences entrepreneurs can gain valuable insights. 

Through his entrepreneurial endeavours, Royan Nidea has not only transformed his career but has also created pathways for others to achieve financial independence and success in the online marketplace. His journey into online business is of sheer foresightedness, adaptability and a commitment to creating positive change in the ever-evolving landscape of online business. 

Looking Ahead

In conclusion, Royan Nidea believes that there is immense potential in the future of online business and entrepreneurship. From the rise of remote work to the growing importance of e-commerce and digital marketing, Royan’s vision encompasses the key trends shaping the future of online business. His insights can provide us with a roadmap to seize opportunities and progress towards growth. Subsequently, only 66% of the global population has access to the internet currently, which makes it evident that we are far from reaching the finish line. As internet connectivity continues to expand, so do the opportunities for aspiring entrepreneurs to make their mark in the digital landscape. Hence, by staying abreast of emerging trends and leveraging innovative strategies, entrepreneurs can position themselves for success in the digital economy.

Continue Reading

Tech

Samsung’s Profits Skyrocket Amid AI Boom

Published

on

gettyimages-2150262151

Samsung Electronics is anticipating a robust demand surge for artificial intelligence (AI), which is poised to tighten the supply of high-end chips, contributing to a solid rebound in the global memory chip market. This optimistic outlook from the world’s leading memory chip maker has driven its shares up by 1.8% following a remarkable more than 10-fold increase in first-quarter operating profit.

Despite experiencing a slight decline in its shares this year, Samsung is actively working to bolster its position in supplying top-tier chips, particularly high bandwidth memory (HBM) crucial for AI leader Nvidia. The company plans to significantly ramp up HBM chip production in 2024, with a focus on the latest 8-layer HBM3E chips, while also gearing up for the production of 12-layer versions.

Analysts are acknowledging Samsung’s ambitious targets, noting the potential for its advanced chip technology to meet diverse AI needs, possibly serving both Nvidia and AMD. Samsung is also intensifying efforts to increase offerings of high-end solid-state drive (SSD) products to meet the surging demand for AI servers.

As Samsung aims to strengthen its foothold in the high-end memory chip market, it foresees tight supply conditions toward the year-end due to the concentration of capacity on HBM production, echoing similar sentiments from SK Hynix.

In the first quarter, Samsung witnessed a significant revenue increase, driven by a substantial rise in memory chip sales amidst the AI boom. Operating profit surged to its highest level since 2022, marking a significant turnaround for Samsung’s chip division, which had previously suffered losses.

Despite facing challenges such as rising costs impacting margins, particularly with the launch of its flagship Galaxy S24 smartphones, Samsung remains bullish about the role of AI features in driving sales. The company reported that a significant portion of customers were attracted to the S24 phones for their AI capabilities, signaling a positive outlook for Samsung in the AI-driven market.

As Samsung continues to navigate the dynamic landscape of the semiconductor industry, its strategic focus on AI-driven technologies positions it favorably to capitalize on the burgeoning demand for high-performance chips in various sectors.

Continue Reading

Tech

Biden Allocates $6.4 Billion Grants to Enhance Samsung’s Chip Production in Texas

Published

on

shutterstock-editorial-14282834b

In a strategic move to fortify domestic chipmaking capabilities, the Biden administration has pledged up to $6.4 billion in grants to South Korea’s tech giant, Samsung Electronics. This substantial investment aims to propel the expansion of Samsung’s chip production facilities in central Texas, serving as a pivotal component of a broader initiative to bolster the United States semiconductor industry.

As detailed by the Department of Commerce on Monday, the funding, allocated under the 2022 Chips and Science Act, will facilitate the establishment of two cutting-edge chip production facilities, alongside a dedicated research center and packaging facility in Taylor, Texas. Additionally, the infusion of funds will empower Samsung to enhance its existing semiconductor facility in Austin, Texas. This expansion is poised to cater to the burgeoning demands of US customers and bolster chip output across critical sectors such as aerospace, defense, and automotive industries, thereby strengthening national security.

Commerce Department Secretary Gina Raimondo emphasized that these investments are pivotal in reinstating US leadership in semiconductor manufacturing, and advancing capabilities in design, production, and research and development. The move aligns with the administration’s broader agenda to mitigate reliance on overseas chip production, particularly in regions like China and Taiwan.

Samsung Electronics Co-CEO Kyung Kye Hyun reiterated the company’s commitment to meeting the anticipated surge in demand for advanced products like AI chips. Samsung’s facilities are poised to be equipped with state-of-the-art process technologies, enhancing the security of the US semiconductor supply chain.

Anticipated to commence production in 2026, Samsung’s venture into chip manufacturing in Texas represents a significant stride toward revitalizing domestic semiconductor capabilities. Analysts project the company’s initial focus on producing 4-nanometer chips, with potential expansion into 2-nanometer chips in the future.

The Biden administration’s grant to Samsung marks a crucial step in its efforts to strengthen the US semiconductor industry. Intending to reduce dependence on foreign supply chains, particularly in Taiwan, the initiative seeks to address vulnerabilities in the global semiconductor landscape.

Republican U.S. Senator from Texas, John Cornyn, emphasized the significance of investing in cutting-edge semiconductor manufacturing to enhance national security and competitiveness while creating employment opportunities in Texas.

Samsung’s investment in Texas is expected to amount to approximately $45 billion by the decade’s end, signaling a significant commitment to bolstering American chip production. The Semiconductor Industry Association (SIA) applauded Samsung’s bold investment and commended the US Commerce Department for advancing the manufacturing incentives and research and development programs outlined in the Chips Act.

In tandem with Intel and TSMC’s recent grant awards, Samsung’s foray into US-based chip manufacturing underscores a concerted effort to strengthen the nation’s semiconductor capabilities, ensuring a secure and resilient supply chain for critical technologies.

Continue Reading

Trending