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How Jonah Peretti built a billion-dollar company Buzzfeed?

Internet entrepreneur Jonah Peretti is co-founder and CEO of BuzzFeed, the company, which was formerly renowned for online quizzes, “listicles,” and pop culture pieces has developed into a global internet and technology organization that covers a range of subjects, such as politics, Crafts, animals, and business. He was the co-founder of The Huffington Post, and creator of the “Reblog” project, which pioneered reblogging.

Early Life

Jonah Peretti’s life appeared to be fairly typical until he founded the billion-dollar media giant BuzzFeed. He earned an environmental studies degree from UC Santa Cruz and found work as a teacher in New Orleans.

His passion for viral media was then kindled following an email argument with sportswear giant Nike. Before going to MIT to acquire his master’s, he spent over three years instructing computer science. During his time at MIT, his email conversation with Nike regarding a request to print “sweatshop” on specially ordered shoes became viral.

Nike continued to cancel the order after several emails back and forth, so Peretti copied the emails together and forwarded them to a select group of pals. His idea became an initial email forward and eventually reached millions of people at a time when the idea of “going viral” hadn’t yet been coined.

Success Story

In 2005, Jonah Peretti co-founded the Huffington Post with Arianna Huffington after meeting her through the widely circulated Nike email. Peretti founded BuzzFeed as a side gig soon after HuffPost was acquired by AOL for $315 million in 2011. In November 2006, Peretti launched the “Internet popularity contest” website BuzzFeed.

After quitting HuffPost, Peretti started a full-time job at BuzzFeed. BuzzFeed began as an Instant Messenger bot. The bot distributed links to groups of buddies after identifying trendy content online. Although the website was initially recognized for its blend of listicles and internet memes, it was the first to report that John McCain will support Mitt Romney in the 2012 Republican Primary.

After then, the website kept expanding and the following year raised over $35 million in capital from investors. The website received an additional $50 million in funding from the investment firm Andreessen Horowitz in August 2014, almost doubling its prior fundraising rounds. According to Peretti, BuzzFeed’s audience has roughly doubled every year since its start.

Over 400 employees now work for the website thanks to Peretti, who Business Insider once dubbed “the web’s king of viral content.” Over a short period of time. Ben Smith, a well-known political journalist, was even hired by Peretti in 2012 to help develop Buzzfeed’s more serious journalism.

By 2021, BuzzFeed News had invested years into developing its investigative reporting, and it had been awarded the National Magazine Award, the George Polk Awar, and been nominated for the Michael Kelly Award. BuzzFeed news crew was a nominee for a Pulitzer Prize in the foreign reporting category in 2018. In 2021, BuzzFeed received the Pulitzer Prize for international reporting for a series of investigations into the Xinjiang detention camps.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

What is the ChatGPT, which has taken the internet by storm?

The capability of ChatGPT to produce human-like responses has attracted a lot of attention.

On Wednesday, the AI research firm OpenAI unveiled ChatGPT, a dialogue-based prototype chatbot that can comprehend and reply to real language. In much less than a week, it has already surpassed a million members and has subsequently gained popularity over the internet.

The majority of users are in awe of the AI-powered bot’s impressive vocal intelligence. Since it may provide straightforward solutions to complicated problems, it has even been referred to as a Google alternative by certain users.

It is a smart chatbot that has conversational interactions. According to OpenAI, the dialogue style enables ChatGPT to respond to follow-up queries, acknowledge its errors, refute false premises, and reject unsuitable requests. It is claimed that it can respond to almost everything, including theoretical essays, mathematical solutions, and stories.

OpenAI noted, “We’ve trained a model called ChatGPT which interacts in a conversational way. The dialogue format makes it possible for ChatGPT to answer follow-up questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests.”

Based on the GPT-3.5 language model, ChatGPT generates text that resembles human speech using deep learning. ChatGPT is more interesting than the prior GPT-3 model, which just accepted text prompts and attempted to build on them with its own created text.

It produces detailed text far more effectively and can even produce poetry. Memory is yet another distinctive quality. The bot can recapitulate past remarks made in a chat to the user by recalling them.

But even while many individuals were astounded by the bot’s ability, some noticed a few limitations. Misinformation and prejudice are still common in ChatGPT, as they were in earlier iterations of GPT. For example, the model may provide incorrect solutions to algebraic problems.

However, some people may be duped into thinking things are genuine since it comes off as so certain in its incredibly thorough responses. Despite its drawbacks, ChatGPT is a delightful little bot to chat with. After registering for it on its official website, one can test it out.

A California-based business called OpenAI is well-known for its GPT-3 technology, which creates AI models that respond to text instructions. The company’s most recent DALL-E model, the second iteration, made headlines for its capacity to produce photorealistic graphics just by human input. Elon Musk, the CEO of Tesla Inc., and Sam Altman, the current CEO, along with other investors, co-founded OpenAI roughly seven years ago. But in 2018, Musk exited the company due to disagreements.

Technology for chatbots is by no means new. Many of these models, including from major behemoths like Microsoft and Meta, have been introduced with varying degrees of success. Microsoft’s AI chatbot “Tay” was made available on Twitter in 2016 under the handle @TayandYou. However, it was quickly pulled down after posting abusive, sexist, and racial comments. This year saw the debut of Meta’s Blender bot 3, which advanced the technology.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

Arianna Huffington: The Success Story of the Founder of The Huffington Post

Leave a Comment / Story, Tech Story / By Sandhya Gupta

Arianna Huffington is a Greek-American novelist, syndicated writer, and entrepreneur. She is the co-founder of The Huffington Post and the CEO of and founder of Thrive Global. She has also authored fifteen books. Both the Forbes Most Powerful Women list and the Time magazine’s list of the 100 most influential people in the world include her.

Early Life

Arianna Huffington was born in Greece. At the age of 16, she immigrated to the UK where she attended Girton College in Cambridge to study economics. There, she served as president of the Cambridge Union. She also went to India to study comparative religion at Visva-Bharati University.

Arianna Huffington and Bernard Levin both made appearances in a 1971 edition of Face the Music. In the 1970s, Huffington started authoring books with Levin’s editorial assistance. In 1980, she relocated to New York. Huffington collaborated with Bob Langley as co-host of the late-night chat and entertainment program Saturday Night at the Mill in 1980. She appeared in just five episodes before being fired from the show.

Success Story

When Arianna Huffington released a book titled “The Female Woman” in 1973, she officially started her writing career. Her career path was fraught with ups and downs. She received almost 37 rejections for her second book, After Reason, despite the success of the first. However, Arianna chose to grow in self-assurance and knowledge with each passing day rather than letting her emotions get the best of her.

Arianna Huffington contributed several essays to National Review in the late 1980s. She wrote biographies of Pablo Picasso in 1989 and Maria Callas in 1981, respectively, under the titles Picasso: Creator and Destroyer and Maria Callas: The Woman Behind the Legend.

When her then-husband, Michael Huffington, ran unsuccessfully for the Senate in 1994, Huffington rocketed to national fame in the United States. This led to several special appearances as a social and political analyst on television, in addition to excursions into acting and television writing.

She was nominated for an Emmy in 1994 for her work on Politically Incorrect. Huffington is also a member of the boards of directors for Uber, Onex Corporation, Berggruen Institute, and Center for Public Integrity. Huffington pursued one endeavor after another in these fruitful years.

In the 2003 recall election for California Governor Gray Davis, Huffington ran as an independent. She swiftly picked herself up after losing her gubernatorial run and rebounded.

In 2005, Huffington, Kenneth Lerer, Jonah Peretti, and Andrew Breitbart, created The Huffington Post, currently known as HuffPost. It was established as a blog and discussion platform as well as a rival to news aggregators like the Drudge Report. In the past, the website has carried articles written by both paid staff reporters and writers and unpaid bloggers.

Huffington became editor-in-chief of The Huffington Post Media Group after AOL bought The Huffington Post for US$315 million in 2011. The Huffington Post won the Pulitzer Prize in 2012, making it the first commercially operated digital media company in the United States to ever win Pulitzer.

Huffington left her jobs at AOL and the Huffington Post in 2016 to start Thrive Global, a company that provides evidence-based remedies for stress and burnout. In 2016, Huffington was listed among the SuperSoul100, a list compiled by Oprah Winfrey to recognize the most inspirational and influential leaders around the world.

HuffPost continues to rule online media in the present. Huffington achieved her goals through steadfast hard work and determination.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

Can you make money from Youtube shorts?

Leave a Comment / Story, Tech Story / By Sandhya Gupta

YouTube creators will soon have the opportunity to monetize their Youtube Shorts videos. This is an important development for YouTube creators who make money from YouTube.

The YPP, Youtube’s formal monetization program, does not include YouTube Shorts. Joining the YouTube Partner Program (YPP) as a Youtube Shorts creator is difficult unless one is releasing long-form videos and hitting the required benchmarks of 1,000 subscriptions and 4,000 watch hours. Additionally, there is no way to monetize short, vertical content with ads.

However, YouTube is altering these criteria. The platform will enable revenue sharing for Shorts advertising as of February 1, 2023. As a result, a creator may now profit from the advertisements that users watch on the Youtube Shorts Feed.

Youtube stated, “from the overall amount allocated to creators, they will keep 45% of the revenue, distributed based on their share of total Shorts views. We expect the majority of our Shorts Fund recipients to earn more money under this new model, which was built for long-term sustainability.

Instead of a fixed fund, we’re doubling down on the revenue-sharing model that has supercharged the creator economy and enabled creators to benefit from the platform’s success.” This is an intriguing approach to rewarding creators and encouraging the entire community to support Shorts.

Creators must first be enrolled in the YouTube Partner Program in order to profit from Shorts monetization. YouTube is adopting new eligibility requirements in order to increase the number of creators with a concentration on shorts who join the Partner Program. By reaching a minimum of 1,000 subscribers and 10 million Shorts views over 90 days, creators will be eligible for the YouTube Partner Program beginning in early 2023.

With this update, creators will be able to join the Youtube Partner Program even if they don’t make long-form videos. When this move is implemented, YouTube will maintain its current requirements, which are 1k subscribers and 4k watch hours. Last but not least, YouTube claims it will drop the fan funding level in early 2023, enabling creators who are not part of the Partner Program to profit from viewer purchases.

If one wants to immediately generate income from YouTube Shorts the $100 million Shorts Fund is one method to go about it. YouTube vowed to reward producers with a monthly “bonus” coming straight from that fund when it made this announcement in 2021. The actual amount of the bonuses, which can vary from $100-10,000, is determined by how well a creator did with Shorts the previous month.

But starting in 2023, this YouTube Shorts incentive will disappear. As previously announced, starting in the following year, creators will generate money from advertising in the Shorts Feed. The final series of Shorts bonuses will therefore be distributed in February 2023. Here are the prerequisites for obtaining a Shorts bonus until then.

Publish an original YouTube short every 180 days and follow the monetization and community rules on YouTube. Once a creator fulfil these conditions, they are eligible to win a Shorts bonus.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

Is the Nintendo Switch Pro worth buying in 2023?

Leave a Comment / Story, Tech Story / By Sandhya Gupta

For years, there have been rumors of the Nintendo Switch Pro However, the upgraded Switch sequel has not yet materialized.

A recent Nvidia leak appears to corroborate the Tegra239 SoC’s existence, which is generally thought to power the Switch Pro. But even if all of this turns out to be completely off the mark, an improved version of the Nintendo Switch may be in the works.

Early in 2019, rumors began to spread regarding the Nintendo Switch Pro. In a March 2019 article, The Wall Street Journal stated that Nintendo was manufacturing two new Switch models, citing “parts suppliers and software developers for Nintendo.”

The second described a more potent, full HD Switch model targeted at the more hard-core market. The first described a “cheaper option for casual gamers,” which sounds remarkably similar to the Switch Lite. The rumors have continued ever since.

In a recent interview, Shuntaro Furukawa, Nintendo’s president, added that there won’t be a new Switch in the current fiscal year, which runs through March 2023. However, the Japanese gaming behemoth has backed off from complete denial, firmly denying that work is being done on an improved Switch system.

As per rumors, the new Switch will be able to output 4K video, which gamers have been yearning for and were unhappy not to see in the Switch OLED. In fact, playing through Bowser’s palace in Mario Kart or exploring Hyrule in Breath of the Wild would be immensely more immersive in sharp 4K.

A more powerful CPU and NVIDIA DLSS AI rendering capabilities are rumored to be included in the Switch Pro. According to a leak from Nintendo, the Switch Pro will have power comparable to a PS4 — quite astounding for a portable device. There have been plenty of rumors and fan-made renderings teasing the Nintendo Switch Pro’s potential appearance.

Fans have enjoyed speculating on what the future of the Switch’s design might hold, from a completely different model with a four-cartridge port to a variety of pleasantly vintage suggestions. There have been rumors that a larger display and more ergonomic Joy-Cons are on the way.

The OLED Switch increased the size from 6.2 inches to 7 inches, which was one aspect where it did not fall short. With that in view, it’s possible that the Switch Pro will go much further and provide even more inches of screen space.

The Nintendo Switch currently has a 32GB storage capacity, a 720p LCD display, and a bespoke Nvidia Tegra X1 processor. The Nintendo Switch’s most recent update, which took place in August 2019, increased battery life, bringing it from 6.5 hours to 9 hours of playtime.

Bloomberg stated in March 2021 that a new Nintendo 4K Switch with an OLED display might be released before the holidays. In order to prepare for a Christmas launch, Nintendo reportedly asked the Samsung Display Co. to create seven-inch, 720p OLED displays.

The original Switch release was four years ago, so it seems fitting to upgrade the device now. There haven’t been official signs to date that Nintendo is prepared to introduce the Nintendo Switch Pro or any other next-generation console. However, the rumors suggest the Nintendo Switch Pro might be a good buy when it releases in 2023.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

Shou Zi Chew Success Story: From Ex-Facebook Intern to TikTok CEO

Leave a Comment / Story, Tech Story / By Sandhya Gupta

Shou Zi Chew is the CEO of TikTok. He was the former CFO of ByteDance, the parent company of TikTok. He is in charge of the app’s government and public relations, cybersecurity, and legal compliance issues. His effort has helped TikTok achieve one billion downloads globally, inadvertently helping launch the career of many individuals.

After working for Goldman Sachs for two years, he joined the then-young investment business DST Global before taking the helm of the Chinese smartphone giant Xiaomi.

Early Life

He graduated from University College London with a bachelor’s in economics before enrolling in Harvard Business School to obtain an MBA in 2010. Chew spent two years as an investment banker at Goldman Sachs after graduating from UCL. Chew made the decision to continue his education in 2008.

He was awarded a fellowship to study at the esteemed Harvard Business School. It was a wise decision for him to continue his study. His two-year MBA program at Harvard, which placed a strong emphasis on real-world skills, gave him the expertise he needed to achieve his goals.

Success Story

Chew’s education at UCL served as a launching pad for his career at the prominent investment bank Goldman Sachs. From that point on, the TikTok CEO simply kept moving up the corporate ladder. Chew claimed in a post on the Harvard Alumni website that he worked for a company that “was called Facebook” while he was a student.

Shou Zi Chew had interned at Facebook which was just a startup at that time. He also spent five years working for the Russian IT tycoon Yuri Milner’s investment company DST. While he was working there in 2013, he managed a team that later became an early investor in Bytedance.

In 2015, he was appointed CFO of the Chinese smartphone juggernaut, Xiaomi. Shou Zi Chew assisted in securing significant funding and guided the business throughout its 2018 IPO, which turned out to be one of the biggest tech IPOs in the country. He was also named the president of Xiaomi’s global business in 2019.

He left the CFO position in April 2020, but he continued to serve as the company’s International Business President until March 2021, after which point he completely severed ties with Xiamoi. Shou Zi Chew acknowledged having a history with ByteDance dating back to when he assisted in making investments in the company about ten years ago.

Chew was hired as the CFO of ByteDance in March 2021 After two months, TikTok named Chew as the CEO of the company citing his strong grasp of the business and the industry. Kevin Mayer, the previous CEO, had left the organization just after three months of serving the role due to criticism from politicians regarding the platform’s security issues.

Chew left his position with ByteDance in the latter part of last year to concentrate on TikTok. With more than 1.2 billion monthly active users, TikTok has continued on its path of explosive growth under Chew’s direction.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

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