Author: IQ TIMES MEDIA

Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably. One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The results revealed that the majority of Reddit’s revenue continues to come from ads, which brought in $465 million, representing 93% of the company’s total revenue.  Last month, Reddit launched two new features for advertisers: Reddit Insights, a tool that leverages the billions of posts and comments on the platform to spot trends and offer real-time insights for campaign strategies, and Conversation Summary Add-ons,…

President Donald Trump and his top health officials are pursuing a new initiative that will allow people to share their personal health and medical records with doctors and hospitals.Technology giants Apple, Amazon, Google and Open AI as well as health industries companies UnitedHealth Group and CVS Health are among more than 60 companies that have agreed to develop standards to share health information across computer systems.Trump touted the idea of eliminating redundancies such as filling out paperwork at multiple health providers offices.”This will allow patients to easily transmit information from one doctor to another,” Trump said during a July 30…

Figma went public on Thursday at a $19.3 billion valuation, three years after Adobe was set to acquire the design company for almost the same amount. By market close, Figma’s stock had more than tripled its IPO price, valuing the company at nearly $68 billion, giving many of the company’s Silicon Valley investors, and one nonprofit, a massive windfall. Figma’s IPO has easily become the hottest IPO of the year and a target of pent-up public market demand after a three-year tech IPO drought. The company even threw a massive block party in front of the New York Stock Exchange…

Apple on Thursday signaled that it’s getting more serious about its plans to catch up in the AI race. “We see AI as one of the most profound technologies of our lifetime. We are embedding it across our devices and platforms and across the company. We are also significantly growing our investments,” CEO Tim Cook said on the Q3 2025 earnings call with investors. “Apple has always been about taking the most advanced technologies and making them easy to use and accessible for everyone, and that’s at the heart of our AI strategy,” he added. Cook expanded on those comments…

The percentage of kids who didn’t get their recommended childhood vaccines rose again last school year, continuing the post-pandemic trend of Americans opting out of vaccinations.During the 2024-25 school year, 4.1% of kindergartners — about 138,000 kids — had a vaccine exemption, surpassing the previous record high of 3.7% during the prior school year.Nearly all exemptions are listed as nonmedical, meaning the kids aren’t getting vaccines for religious or other personal reasons.The data, reported Thursday by the Centers for Disease Control and Prevention, comes as 2025 has logged the highest number of measles cases in 33 years: 1,333 cases in…

Kim Kardashian’s shapewear company Skims isn’t just lifting butts and boobs — it’s also supporting your jaw. At least that’s the idea behind the company’s new product, the Seamless Sculpt Face Wrap.The wrap, which looks like a postsurgical compression garment, is described on the Skims website as their “first-ever face innovation.” It comes in two of the brand’s famous neutral colors: clay and cocoa. “This must-have face wrap boasts our signature sculpting fabric and features collagen yarns for ultra-soft jaw support,” the site reads. “Velcro closures at the top and nape of the neck allow for easy, everyday wear.” Currently…

NEW YORK (AP) — Mikal Bridges agreed to a four-year, $150 million extension with the New York Knicks on Thursday, a person with knowledge of the details said.The person confirmed the deal to The Associated Press on condition of anonymity because it had not been announced. It was first reported by ESPN.The Knicks gave up five first-round picks to acquire Bridges last June and he rewarded them by taking less than he could have earned to lock in to a future with former Villanova teammates Jalen Brunson and Josh Hart.Bridges could have earned $156 million in this extension, or even…

AI research lab Anthropic’s AI models are now the top choice for enterprises, surpassing OpenAI. Anthropic now holds 32% of the enterprise large language model market share by usage, according to a report from Menlo Ventures released on Thursday. OpenAI holds the second-largest market share by usage among enterprises, with 25%. The figure marks a strong reversal from even just a couple of years ago. Since 2023, OpenAI has seen its market share among enterprises decline sharply, according to the report, as Anthropic’s has steadily risen over the same timeframe. OpenAI held 50% of the enterprise market share by usage…

The members of a federal vaccine advisory committee, who were removed by Health and Human Services Secretary Robert F. Kennedy Jr., are suggesting alternatives to vaccine policy in the U.S. because the panel has “lost credibility.”In early June, Kennedy dismissed all 17 sitting members of the Advisory Committee on Immunization Practices (ACIP), which advises the Centers for Disease Control and Prevention (CDC) on vaccine recommendations.Kennedy replaced the group with his own, hand-selected members, many of whom had expressed skeptical views on vaccines.Since then, the committee has recommended against flu vaccines containing thimerosal — a preservative that has been falsely linked…

CANTON, Ohio (AP) — The NFL season kicked off at the annual Hall of Fame game Thursday night with a moment of silence for the four people killed earlier this week by a shooter who was targeting league headquarters in New York.The gunman also wounded a league employee in the shooting Monday night. NFL Commissioner Roger Goodell told NBC he visited the employee for an hour on Wednesday and said the man was improving.“It’s just heartbreaking for all of us. It’s devastating,” Goodell said. “An amazing young man, and so we’re optimistic about his recovery and I think that’s good…