Every day we wake up, drink a cup of coffee, and get ready for work. Following are a handful of stories from around the tech world condensed to fit into one single cup of coffee. These are the things you need to know before you step foot out of your door (or in front of a webcam) and into the real world this morning.
So sit back, grab a cup, and start your morning off right with a few “Quick Bytes” from Innovation & Tech Today.
TikTok to pay $92 million over data harvesting
TikTok has agreed to pay $92 million to settle a class action lawsuit regarding it’s harvesting of user data. The social media giant is accused of unknowingly harvesting data, then selling it to advertisers. The settlement still has to be accepted by the judge, but also requires TikTok halt gathering biometric data — including facial data.
Toyota Begins Construction on Woven City
Construction began this week at the base of Mt. Fuji for Toyota’s smart city project, Woven City. The 175-acre city is situated 62 miles outside of Tokyo and will function as a tech testing ground for Toyota. The city’s 360 residents will both test and develop the tech that comes through.
Crypto Art Market is Taking Off
Millions of dollars in Non-Fungible Tokens (NFT) are flying around as investors begin laying their money into the digital art world. Unlike with cryptocurrencies, NFTs each hold their own value in a speculative market type way. The tech offers a way where digital art, just like traditional art, can be bought, sold, and traded. Most, but not all, NFTs are trading on the Ethereum blockchain.
Scientists Finding Way to Remove Fear, Boost Confidence
A group of Japanese scientists are working to find a way to remove fear from the brain. While it may sound a little crazy, artificial intelligence and brain scans are being used to manipulate non-conscious brain stimulation. The scientists believe this is the key to removing specific fears while also boosting desirable traits, like confidence.