readwrite-rss

Arbitrage Betting –  How It Works & Arbitrage Betting Explained

This arbitrage betting guide uncovers everything, from how it works, examples, pros and cons, legality, and some tips on how… Continue reading Arbitrage Betting –  How It Works & Arbitrage Betting Explained
The post Arbitrage Betting –  How It Works & Arbitrage Betting Explained appeared first on ReadWrite.

This arbitrage betting guide uncovers everything, from how it works, examples, pros and cons, legality, and some tips on how to make the most of your arb betting. If you are new to arbitrage sports betting and want to learn how to arbitrage bets, then read on. We’ll kick things off by addressing the fundamentals, and then head into some example arb bets to explain the mechanics.

What is Arbitrage Betting?

‘Arbing’, as it’s known, is a trading method that guarantees a profit, regardless of the outcome of the game or event, by taking advantage of price discrepancies within markets. It’s a method you can use on all of the best online sportsbooks and typically yields small returns but the element of risk is completely avoided. Arb betting appeals to risk-averse gamblers who are happy to make small but steady gains.

How Does Arbitrage Betting Work?

Opportunities to arb can be hard to find, but they exist every day. Ideally, you must have access to an odds comparison site, as this will enable you to scan sportsbook odds much more effectively.

A successful arb bet requires you to find two sides of the same bet that combine to make more than 100% of your total stake on both bets. If one side of a wager, for example, the ‘under’ is 2.0, then the ‘over’ side must be bigger than 2.0 if you are going to arb. Fluid markets, where odds are changing consistently, can provide the perfect arbitrage opportunity.

It’s often easier to eke out an arbing opportunity if you have access to a betting exchange, where markets have the lowest house edge. Typically, each side of the bet will be placed with a different sportsbook, making it important to have multiple accounts.

Examples of Arbitrage Betting and Arbitrage Bets

Arbitrage in sports betting can be quite complicated to understand, especially for rookie gamblers, so some examples will be a big help. Let’s look at three different types of arbitrage betting examples.

Total Points Movement

Let’s say that the starting market for total points in a game between the Dolphins and the Falcons is set at -110 for Over 32 points and +110 for Under 32 points.

In this scenario, the odds are factoring in that both teams have solid offensive units.

Let’s say you back the Under 32 points at +110 for $100 but some late team news sees an injury to the Dolphins quarterback meaning they are likely to score fewer points.

This late team news now sees the Over 32 points drifting to +105 while the Under 32 points are now cut into -110 because it is likely we’ll see fewer points with one team weakened offensively.

You can now bet on the Over 32 Points for $100 at +105.

This now means you hold two bets.

1. $100 at +110 for Under 32 points to return $210
2. $100 at +105 for Over 32 points to return $205

You are betting $200 in total and are now guaranteed a minimum profit of $5 whatever the result.

If you are a fan of NFL betting, then one of the sportsbooks you may want to check out for the best odds is BetWhale.

Best for slots

Sign up To Claim 250% Bonus For Slots, Cards & Table Games

250% welcome offer to spend on slots, card and tables games
50 + live dealer options for Blackjack, Baccarat, Roulette and Super 6
Instant deposits with Neosurs starting at $10

In-Game Opportunities

The fast-paced environment of live betting means that sportsbooks will often take slightly different views. Let’s say LA Galaxy go 1-0 up against New York City and their in-game price with one sportsbook is -300. However, another sportsbook has New York’s live odds as +650. This means, providing you are fast with your fingers, you can back both outcomes ($300 on LA Galaxy to win $100 and $50 on New Yor City to win $325). No matter who wins the game, you will have made a profit – $50 if it is Galaxy and $25 if it is New York.

The only variable is the draw, so you need to make sure you are betting with a sportsbook that gives a push on a drawn game.

Support for your horse – Back and Lay Arbitrage

If you are a horse racing betting fan, let’s say you fancy a horse at Churchill Downs at odds of +1000 (9/1) but you expect it to come in for strong support and the price drops to +600 (5/1)

You back your horse for $60 at 9/1 which would give you a $540 profit if the horse wins and a $60 loss if it loses, quite simple to understand.

But the horse has now lowered in price nearer to the race, and its odds are now 5/1.

You can now lay this horse for $100 at odds of 5/1 meaning you have a potential loss of $500 if the horse wins, but you have already locked in a $540 profit on your initial bet so as you see from the image above, you are guaranteed a profit whether the horse wins or loses.

Arbitrage Betting Pros and Cons

So, does arbitrage betting work for everyone? That depends on what type of gambler you are. Here, we lay out the main pros and cons of arbitrage sports betting.

Pros:

Guaranteed profit – it’s the holy grail of betting
In-play betting has significantly increased the number of arbing opportunities
Using the ‘cashout’ feature means you don’t always have to use different sportsbooks

Cons:

Odds can change quickly, making your position vulnerable
Small margins mean you need to wager large sums
Sportsbooks can limit stakes at any time

Is Arbitrage Sports Betting Legal?

Arbitrage is a perfectly legal way to bet. However, sportsbooks, as a rule, are not keen on accommodating arbers. It isn’t always easy for them to spot an arber, especially one that regularly bets both sides with different sportsbooks.

However, if they believe you are an arber, you risk having your bets restricted. The key? Don’t make it obvious. If you are someone who regularly bets with a sportsbook that are best odds about a particular outcome, then you risk blowing your cover with the layers.

The Fundamentals of Arbitrage Betting

Sports arbitrage betting is popular because there are now so many different sportsbooks offering odds on every event. The more sportsbooks there are, the greater the opportunity for odds discrepancies; that is where arbers can get an angle against the sportsbook.

If you want to take arbitrage and betting seriously, you must have access to some sort of aggregator website that can make it easy for you to cross-reference odds from different sportsbooks.

You can also look at sourcing arbitrage software that can place your bets automatically following a set of parameters you place into the software.

Finding an arbitrage opportunity is one thing, but you must then be in a position to evaluate potential returns and then act on both sides of the wager with speed. This is especially the case if you are monitoring in-game markets because they can change so quickly or suspend in the blink of an eye. Arbing on live betting is not for the faint-hearted.

Start by betting on fixed odds markets first like over/under markets

Tips for Arbitrage Sports Betting

Here are five tips that we think are crucial if you are to make the most of arbitrage opportunities.

Make sure you have as many funded accounts as possible
Be set up to cross-reference odds speedily and accurately
Set aside large chunks of time to find arbitrage bets
Planning is key. Find yourself a niche area, such as a particular group of markets, because there are simply too many markets available nowadays for you to be able to keep on top of them all.
Consider using automation software. If you can create (or buy) a program that does the hard work for you, this is a game-changer.

Tips for Avoiding A Sportsbook Ban or Account Closure

One of the biggest hurdles you’ll face when arb betting is the risk of being banned by the sportsbooks. Here are three tips to stop you from being banned or having your accounts blocked.

Make sure not to place bets with odd numbers like $53.37 as a stake. This is a surefire way of showing the sportsbook you are arbing.
Instead of placing a $500 bet, break it down into 5 x $100 bets if possible. A sportsbook will flag players who play smaller stakes and then suddenly start betting in larger amounts.
Diversify your wagers. Don’t place bets with the same two sportsbooks regularly. Make sure to mix and match. Arbers should be using a minimum of 10 sportsbooks to help avoid detection of their arbitrage wagering.

Alternatives to Arbitrage Betting

While arbitrage is a sound betting system, especially when applied to sports betting, the small margins and long research periods mean it’s not for everyone. So, what alternatives exist for players who want to implement effective betting systems? Here are just three that might interest you:

Fibonacci System

Fibonacci System – The Fibonacci System is a ‘negative progression’ system based around a fixed sequence of numbers determining your stakes. It’s a system that works particularly well on casino games with a low house edge, particularly blackjack.

Paroli System

Paroli System – While Fibonacci might be a negative progression system where stakes are increased on the back of a loss, Paroli is much more aggressive. Stakes are doubled after each win until three successive winning wagers have landed.

Labouchere System

Labouchere System – The Labouchere System is much more complicated because it requires you to create your bespoke sequence of numbers that equate to your desired amount of profit. For example, in the 1-2-3 sequence (sum =$6, which is your desired amount of profit) your stake will always be the sum of the first and last numbers ($4).

Arbitrage Sportsbook Betting

As we mentioned above, sportsbooks do not like arbers, but you still want to make sure that you are finding sportsbooks with the best range of markets and odds. One of the best we have seen for both of these is Betonline.

Editors’ Choice

Sign up To Claim 50% Welcome Bonus Up To $1,000

Official betting partner of La Liga, Golden Boy, and the LFA, offering Pick’em and Survivor
The earliest moneylines, with access to odds before events commence
Cutting-edge live in-play sportsbook, with multi-view options

Responsible Gambling

It’s important that, however you bet, you do not do so beyond your means. It’s also important that you don’t disregard other areas of your life, such as family and friends, to focus on gambling.

If you think you might need help, or you know someone who might, take a look at our Responsible Gambling page, where you will find loads of information about steps you can take.

Responsible Gambling Council
American Responsible Gambling
American Psychological Association

Resources

Add ‘Resources’ links at the bottom of the page: Add 3 external links underneath in bullet form but use different ones from previous articles (government and authority sites only, no competitors)

Sports Bettor’s Understanding of Arbitrage Betting
Profiting from Arbitrage on European Football

Arbitrage Betting FAQs

What is Arbitrage Betting?

Arbitrage is a type of betting that eliminates risk. It requires you to spot and act on price discrepancies between sportsbooks, enabling you to bag both sides of an event to guarantee a profit.

Can you use Arbitrage Betting on casino games?

You can, although the possibilities are nothing like the scale they are in sports betting. There are better betting systems (see above) that can be applied to casino games.

Is Arbitrage Betting worth it and guaranteed to work?

Providing you can get your bet on at the prices you have identified, yes. However, if a price shortens just before you place your bet, this could affect whether you will make a profit or not.

Is Arbitrage Sportsbook Betting better than using the Fibonacci system?

Fibonacci is better applied to low house-edge casino games, like Blackjack. Arbitrage is edge-focused but the opportunities to apply this are much greater in sports betting, where the variance in sportsbook odds is much greater than that of online casinos.

Can Arbitrage Betting be used for sports betting?

Absolutely, it can. Sports betting is the perfect vehicle for arb betting because of the often volatile nature of the odds, especially in-play odds. You can even use sportsbook promotions to fund your arbitrage betting

The post Arbitrage Betting –  How It Works & Arbitrage Betting Explained appeared first on ReadWrite.

Read More 

Google is reportedly creating AI chatbots that challenge Meta and Character AI

The search engine giant Google is reportedly developing AI chatbots that people can hang out with, modeled on celebrities. According… Continue reading Google is reportedly creating AI chatbots that challenge Meta and Character AI
The post Google is reportedly creating AI chatbots that challenge Meta and Character AI appeared first on ReadWrite.

The search engine giant Google is reportedly developing AI chatbots that people can hang out with, modeled on celebrities.

According to The Information who say they’ve spoken with two people who have direct knowledge of the project, the chatbots could be launched as soon as this year and will be powered by the company’s chatbot Gemini.

Developed and owned by Google, Gemini AI focuses on generative artificial intelligence and features a family of large language models.

It isn’t yet known which celebrities will be included, but it’s reported that Google is trying to strike partnerships with influencers too and they’re working on a feature that will let people create their own chatbots by describing their personalities and appearance.

If created, celebrities, influencers, and everyone else will be able to converse with each other through their own avatars and chatbots.

AI chatbots aren’t new, with Meta and startups already running the idea

While this is new for Google, it is something that has already been seen before. Meta Platforms has similar online personalities (including the likes of TikTok star Charli D’Amelio and mega YouTuber Mr. Beast) and the start-up Character.AI includes celebrities like Tom Brady and Tony Soprano.

However, the idea hasn’t picked up major traction. With the mass influence Google has, it could be interesting to see how the chatbots are adopted by the audience.

Google hasn’t yet confirmed nor denied the rumor, but suggestions are this could be more of an experiment that might not even be widely available. It might be reserved for Google Labs only which is the area for experimental products.

Although, there is the possibility of it being integrated with YouTube rather than launching it as a standalone product. If on YouTube, creators would be able to create their own AI personas and use these to engage with the audience on a whole new level.

It’s believed the Labs team is currently working on the customizable chatbot endeavor.

Featured Image: Via Flickr

The post Google is reportedly creating AI chatbots that challenge Meta and Character AI appeared first on ReadWrite.

Read More 

Amazon announces Prime Day – cheap Alexas for everybody

Alexa – when’s Prime Day this year? No, not Pride Day. Prime Day? PRIME DAY. When is it? Wow, it’s… Continue reading Amazon announces Prime Day – cheap Alexas for everybody
The post Amazon announces Prime Day – cheap Alexas for everybody appeared first on ReadWrite.

Alexa – when’s Prime Day this year? No, not Pride Day. Prime Day? PRIME DAY. When is it?

Wow, it’s that time already – 2024 is bombing past at record speed (‘actually it’s not’ – all scientists everywhere) and Amazon is preparing to launch the 10th iteration of its mid-year sales event Prime Day.

Amazon gonna Amazon so this year they have employed rapper Megan Thee Stallion to sing a new hit song called “It’s Prime Day”, proving that rap’s original birthplace on the street has never been compromised. Vanilla Ice would be turning in his grave (if he was dead obviously). In the video, which you can enjoy at your leisure below, Megan goes shopping and buys stuff for her dog.

Stop! Ama(zon) time – when is Prime Day 2024?

July 16th and 17th are the days earmarked for the sales extravaganza which is generally one of the best times of the year (apart from every other sale it has) to buy Amazon-branded products and Alexa-fy your home.

The mini caveat is that you have to be an Amazon Prime member as well, but many people are as it provides free, next-day shipping in most locations as well as access to services such as Prime Gaming and Prime Video.

Other products besides Amazon Echos and the like do get a look in, and other retails may also hold competing events so it is a sale definitely worth checking out if you are looking for any new tech or gaming peripherals, or even games.

As for Megan Thee Stallion who has definitely not been paid a wedge for this, ‘It’s Prime Day’ will feature as a bonus track on her new MEGAN album and will also be available if you use Amazon Music. I have spent the last five minutes wondering if I can get away with using an eye-rolling emoji in this copy. We’ll play safe. Let’s pretend it’s there.

The post Amazon announces Prime Day – cheap Alexas for everybody appeared first on ReadWrite.

Read More 

First Neuralink patient says implant is like “an aimbot” for gaming, explains how gaming industry may have to change

The first Neuralink patient gives a rave review about the implant and describes it as like having “an aim-bot” for… Continue reading First Neuralink patient says implant is like “an aimbot” for gaming, explains how gaming industry may have to change
The post First Neuralink patient says implant is like “an aimbot” for gaming, explains how gaming industry may have to change appeared first on ReadWrite.

The first Neuralink patient gives a rave review about the implant and describes it as like having “an aim-bot” for gaming in his head.

Noland Arbaugh is the only person so far to have been fitted with a brain implant by Elon Musk’s company Neuralink. The hope was that he could control digital devices with his thoughts. Now, more than 100 days after the implantation, Arbaugh went on the Joe Rogan podcast to share his experience and how gaming has been re-introduced into his life.

After growing up as a gamer and then having to watch his friends play over the last eight years, he’s finally able to game again properly and he thinks the future of competitive gaming could be changed.

“I basically have an aimbot in my head. They’ll probably have different leagues for people like me because it’s just not fair.

“It’s that accurate and it’s faster…Sometimes, it’s moving before I even think it to move.”

Some games aren’t yet possible with the Neuralink, like Call of Duty for example, but the patient believes this won’t be a problem for too much longer.

“In the next few years, I think I’ll be able to play anything anyone else can play.”

Neuralink patient shares how the implant could drastically alter lives

Ahead of the implant being fitted, people worldwide had concerns about the viability of the device and how it was going to affect the first person to ever be fitted with one: “I know a lot of people were really nervous about it and understandably so…

“At the same time, the way I look at it is how much it’s going to be able to help people like me at the beginning at least.”

The 29-year-old became paralyzed after a swimming accident caused an injury to his spinal cord.

“For me, I think about it like how many people are paralyzed don’t have to be paralyzed anymore…

How many people are going to be able to live their lives again.”

Featured Image: Via Ideogram

The post First Neuralink patient says implant is like “an aimbot” for gaming, explains how gaming industry may have to change appeared first on ReadWrite.

Read More 

MGM-owned LeoVegas secures deal to acquire Tipico US sportsbook

LeoVegas has secured a deal to acquire Tipico Group’s US sportsbook interests, as well as its online casino technology system.… Continue reading MGM-owned LeoVegas secures deal to acquire Tipico US sportsbook
The post MGM-owned LeoVegas secures deal to acquire Tipico US sportsbook appeared first on ReadWrite.

LeoVegas has secured a deal to acquire Tipico Group’s US sportsbook interests, as well as its online casino technology system.

The announcement was made by LeoVegas’ parent company MGM Resorts International on Monday (June 24) and represents the company’s second strategic investment to streamline its online gambling offering, following the acquisition of Push Gaming late last year.

As part of the agreement, Tipico will sunset its US operations before the takeover is completed, with some US-facing management, tech, and trading teams based in the States, Colombia, and Europe being integrated into LeoVegas.

Tipico is a market leader in the European DACH region (Germany, Austria, Switzerland) but this agreement will end its operations in the US, where it has operated in New Jersey and Colorado since 2020.

Ambition to deliver “the world’s greatest iGaming experience”

Gary Fritz, MGM Resorts International Interactive President stated, “The acquisition of Tipico’s US platform marks a significant milestone in the strategic development of MGM Resorts’ global digital gaming business, allowing us to operate a proprietary sports betting platform.”

With the deal managed by LeoVegas, its CEO Gustaf Hagman commented, “By controlling our own sportsbook technology, we ensure that we will deliver the world’s greatest iGaming experience to customers across all our markets and brands.”

The transaction is subject to standard closing terms but is expected to be completed in the third quarter of this year. 

MGM assumed control of LeoVegas in 2022 in a deal worth $600 million, which marked a turning point in the NYSE-listed gambling entity’s online operations. Under MGM, LeoVegas has led the launch of important openings in the United Kingdom and the Netherlands under the BetMGM sportsbook brand.

In March 2024, BetMGM reached the the top of the UK free sports app charts, in the Apple App Store, pushing ahead of established rival brands such as bet365 and Sky Bet. 

 

Image credit: Via Ideogram

The post MGM-owned LeoVegas secures deal to acquire Tipico US sportsbook appeared first on ReadWrite.

Read More 

‘Robot pill’ technology reaches clinical trial stage

A cutting-edge development from Endiatx, a pioneering medical technology company, is aiming to bring a ‘robot pill’ to the market.… Continue reading ‘Robot pill’ technology reaches clinical trial stage
The post ‘Robot pill’ technology reaches clinical trial stage appeared first on ReadWrite.

A cutting-edge development from Endiatx, a pioneering medical technology company, is aiming to bring a ‘robot pill’ to the market.

Since its formation in 2019, the company has been striving to achieve its ambition of creating tiny robots to be ingested into the human body for diagnostic and therapeutic purposes. It sounds like something from a sci-fi movie and possibly dystopian, but this project is far from a figment of imagination.

Endiatx’s flagship product is the PillBot, a robotic capsule equipped with various parts including cameras, sensors, and wireless communication to enable doctors or practitioners to examine the gastrointestinal tract with diligence, uncharted precision, and control.

In an interview with VentureBeat, the company CEO Torrey Smith detailed how they have raised $7 million over the course, with the largest contribution of $1.5m gained from Verge Health Tech Fund, based in Singapore. This has enabled the progress of Endiatx to the extent of conducting clinical trials, with the desire for a commercial launch within two years.

“We’re currently in clinical trials with our pill bot technology,” outlined Smith.

“We’ll be starting pivotal trials at a leading US medical institution in Q3/Q4,” as he hinted at a facility known for its expertise in gastroenterology without naming the location.

Plans to transform gastroenterology

The PillBot now measures 13mm by 30mm having come a long way in the development journey through 20 generations, getting smaller each time, with the CEO further detailing the impressive specifications of the current prototype, “It can transmit high-res video at 2.3 megapixels per second, and we have plans to quadruple that video quality soon.” 

 

Smith has been a hands-on executive, playing an important role in the testing process by swallowing 43 PillBots to date, including a live demonstration in front of a stunned audience.

The company wants to achieve FDA approval by early 2026 and to have the PillBot available and accessible for around $50, possibly as an over-the-counter product. There is a belief that the product can transform gastroenterology, changing the understanding of procedures, with AI advances potentially leading to a fully autonomous future.

With AI models requiring vast amounts of data to learn and evolve, Smith set out how Endiatx can play a pivotal role for the industry, “PillBot is the fountain of cheap data inside the human body,” he stated.

“The data services that we intend to offer as part of this ecosystem are going to completely change the way that we do healthcare.”

 

Image credit: Via Ideogram

The post ‘Robot pill’ technology reaches clinical trial stage appeared first on ReadWrite.

Read More 

AI music generators Suno and Udio are being sued by major US record labels

The music industry, including major record labels Sony Music and Universal Music Group, have declared their intent toward artificial intelligence… Continue reading AI music generators Suno and Udio are being sued by major US record labels
The post AI music generators Suno and Udio are being sued by major US record labels appeared first on ReadWrite.

The music industry, including major record labels Sony Music and Universal Music Group, have declared their intent toward artificial intelligence companies Suno and Udio, suing them for mass copyright infringement.

The AI music generators have been accused of using the labels’ recordings to train their systems to create content that will “directly compete with, cheapen, and ultimately drown out” human artists’ work, according to federal lawsuits filed in New York against Udio, and served on Suno in Massachusetts.

Under the umbrella of the Recording Industry Association of America, the plaintiffs are seeking up to $150,000 per piece of work infringed.

A press release from the industry collective stated, “Unlicensed services like Suno and Udio that claim it’s ‘fair’ to copy an artist’s life’s work and exploit it for their own profit without consent or pay set back the promise of genuinely innovative AI for us all.”

It continued, “These are straightforward cases of copyright infringement involving unlicensed copying of sound recordings on a massive scale.”

Strongly refuted claims

The music generators have not publicly disclosed exactly what their systems were trained on but in response, Suno CEO Mikey Shulman said in a statement, “Our technology is transformative, it is designed to generate completely new outputs, not to memorize and regurgitate pre-existing content.”

Udio has not provided an immediate response to requests for a comment on the action against them.

The claims that there is no direct correlation between the AI-generated content and existing music, have been strongly refuted. The record labels’ (which also included Warner Records) complaints outlined how Suno and Udio users have been able to replicate aspects of songs such as The Temptations’ ‘My Girl’, Mariah Carey’s ‘All I Want for Christmas Is You’ and James Brown’s ‘I Got You (I Feel Good),’ and could generate vocals that are “indistinguishable” from artists such as Bruce Springsteen and ABBA. 

Image credit: Via Ideogram

The post AI music generators Suno and Udio are being sued by major US record labels appeared first on ReadWrite.

Read More 

Cities: Skyline II’s huge ‘economy update’ rolls out for PC

Cities: Skylines II’s heavily anticipated “Economy 2.0 update” is now live, bringing with it the titular overhaul to the game’s… Continue reading Cities: Skyline II’s huge ‘economy update’ rolls out for PC
The post Cities: Skyline II’s huge ‘economy update’ rolls out for PC appeared first on ReadWrite.

Cities: Skylines II’s heavily anticipated “Economy 2.0 update” is now live, bringing with it the titular overhaul to the game’s economic systems, plus changes to building upgrades, modding support and more.

It’s a significant milestone for the city-builder, which stumbled out of its late October launch and biffed a premium DLC release earlier this spring. Developer Colossal Order went back to the drawing board with a pledge to get core systems right before it started shilling any more DLC; this patch is part of that effort.

In Patch 1.1.5f, players will find new options for sub-buildings in the upgrade menu for City Service buildings. If that sounds a bit esoteric, don’t worry, there’s an updated tutorial for the City Service building type. But the gist of it is that these buildings can be relocated and removed, or the whole sub-building feature can be turned on or off to the user’s preference.

As far as the economy goes, obviously when dealing with a system this large, it’s going to take some time to see the effect of these features. But economy means more than money changing hands. It affects things like solid waste accumulation, which now takes into account population groups like students, prisoners, commuter employees, even the homeless.

The overall tuning of city services means that electricity import costs are going up, and water service fees also will be adjusted. The goal is to “make the economy more challenging and transparent.” Government subsidies for these services still exist, but they have been tuned with that objective in mind, too.

There are a slew of other modding and performance changes; check the full patch notes to see if they scratch a particular itch for you. The bottom line is Cities: Skylines II has rolled a long-promised update that should get around to resolving a lot of the friction that made the launch version of the game feel unpolished, if not incomplete.

Where is Cities: Skylines II’s console version?

Cities: Skylines II is available for Windows PC via Steam. A console version for Xbox Series X and PlayStation 5 is planned, and tentatively slotted for a fall 2024 release, following a delay out of its originally planned spring 2024 window. That was pushed back as Colossal Order redoubled efforts to fix the main game on its lead platform for users who had bought it there.

The post Cities: Skyline II’s huge ‘economy update’ rolls out for PC appeared first on ReadWrite.

Read More 

Apple may delay AI features in the EU because of its big tech laws

Apple has warned upcoming features will need to be delayed in the European Union due to regulatory curbs on Big… Continue reading Apple may delay AI features in the EU because of its big tech laws
The post Apple may delay AI features in the EU because of its big tech laws appeared first on ReadWrite.

Apple has warned upcoming features will need to be delayed in the European Union due to regulatory curbs on Big Tech. 

The Cupertino-based company has cited concerns around the EU’s Digital Markets Act (DMA) as the cause of the delay in the rollout of its new generative AI system, Apple Intelligence, as well as iPhone Mirroring and SharePlay enhancements in the European bloc. 

While the services will be introduced in the United States later this year, it is likely to be some point next year before they reach the EU.

As reported by Bloomberg, Apple is uncomfortable with the regulatory framework and present uncertainty surrounding it, claiming the rules would force the tech giant to compromise on the safety of its devices. The EU has previously refuted this argument.

In an email statement, Apple said, “Specifically, we are concerned that the interoperability requirements of the DMA could force us to compromise the integrity of our products in ways that risk user privacy and data security.”

Apple added it was “committed” to further dialogue with the European Commission (EU executive body) to find a solution to the deadlock to bring the new features to its vast European user base. 

Tim Cook pledges Apple Intelligence will remain private

The DMA puts a significant onus on the “gatekeepers” of massive online platforms to stop anticompetitive behavior, but companies such as Apple take the position that enabling third-party access with their services will bring threats to security and privacy.

In response, an EU spokesperson Thomas Regnier said that Apple and any other company, including gatekeepers, are welcome to trade in the EU “provided that they comply with our rules aimed at ensuring fair competition.”

Earlier this month at WWDC 2024, Apple introduced its Intelligence system (which chief executive Tim Cook pledged will remain private) which will bring together the Siri digital assistant and Open AI’s ChatGPT to perform web search tasks and to generate images or text. 

The range of AI features will be able to scan a user’s emails, chats, and photos to find specific information based on the instructions given in a prompt.

Image credit: Via Ideogram

The post Apple may delay AI features in the EU because of its big tech laws appeared first on ReadWrite.

Read More 

Solana’s Hottest Meme Coin Presale Ends Today, Experts Predict 100x Gains Post-Launch

On the last day of its presale, Sealana, the latest and hottest meme coin in the Solana ecosystem, raised more… Continue reading Solana’s Hottest Meme Coin Presale Ends Today, Experts Predict 100x Gains Post-Launch
The post Solana’s Hottest Meme Coin Presale Ends Today, Experts Predict 100x Gains Post-Launch appeared first on ReadWrite.

On the last day of its presale, Sealana, the latest and hottest meme coin in the Solana ecosystem, raised more than $5 million.

This playful project offers investors a chance at high profits with an equal amount of fun, demonstrating that memes in the cryptocurrency space can convert into real currency.

Can Sealana repeat Slothana’s success with a post-launch surge?

As the cryptocurrency market continues its dynamic evolution, one token distinguishes itself through a combination of humor, satire, and strategic marketing.

Sealana (SEAL) is not merely a digital asset; it embodies a distinctive mascot—a chubby seal characterized by ambitions as expansive as its appetite.

Imagine a scenario where this endearing character resides in a digital space, is immersed in trading charts, and sustains itself on chips and tuna.

This portrayal symbolizes the archetype of the “degen trader,” affectionately referencing individuals constantly pursuing lucrative opportunities in meme coins.

Drawing inspiration from the success of Slothana, which experienced a significant 300% increase post-launch, Sealana adopts a comparable approach centered around meme culture.

Its objective is to resonate with investors who are drawn to both amusement and financial gain, aiming to establish a lasting appeal in the cryptocurrency market. You can explore the potential future value of Sealana by checking out our $SEAL price prediction.

FOMO fuels Sealana presale: 100x gains anticipated at market launch?

Ending today (June 25th), Sealana’s presale has attracted over $5 million in investments. Investors can acquire tokens at a fixed rate of $0.022 using SOL, BNB, ETH, or credit/debit cards.

This strong interest underscores the project’s appeal within the crypto community, known for embracing innovative ventures. Sealana boasts a thriving X community with over 12,000 followers, generating significant buzz.

Sealana ($SEAL) presale nears its end, having raised over $5 million, with investors predicting 100x returns after its launch on June 25th.https://t.co/SQUIa9v9sL

— Blockchain Reporter (@blockchainrptr) June 22, 2024

Crypto experts are endorsing the project, with some publicly disclosing their investments. Coverage in numerous crypto news outlets further amplifies the excitement.

Participating in the presale is straightforward: use a compatible wallet like MetaMask via the Sealana website. Keep in mind that tokens may not appear immediately due to presale mechanics. Potential investors can learn more about acquiring Sealana tokens through our guide on how to buy Sealana tokens here.

Sealana’s multi-chain expansion and strategic vision

Sealana transcends its single-chain origins, transforming into a multi-chain powerhouse. This strategic expansion embraces Binance Smart Chain and Ethereum, attracting a wider investor base and mitigating blockchain limitations. This diversification positions Sealana for a strong post-presale market performance.

To minimize transaction costs, Sealana plans efficient airdrops across its supported chains, prioritizing user experience for a promising future.

Inspired by meme coin success stories like Slothana, Sealana aspires to not only replicate but potentially surpass their achievements. The presale’s triumph positions it as a frontrunner among Solana-based meme coins.

Investors are captivated by Sealana’s anticipated innovations, which include enhanced altcoin strategies, increased token utility, additional exchange listings to improve liquidity, and seamless cross-chain integrations. These developments hold immense potential to further propel Sealana’s value.

The presale offers an attractive entry point. Engage with the vibrant community on X and Telegram for valuable insights, early updates, and a deeper understanding of the project’s development. Visit sealana.io to take part in the $SEAL token presale.

Related

Will this New Arab Meta Habibi (HABIBI) Token Reach a New All-Time High This Month as Sealana Prepares to Launch?
Trending Token GEGE Drops Today After Surging Over 200% – Will SEAL Follow Suit at Launch as Traders Shift to It?

The post Solana’s Hottest Meme Coin Presale Ends Today, Experts Predict 100x Gains Post-Launch appeared first on ReadWrite.

Read More 

Scroll to top
Generated by Feedzy