Top Tech News Today: Elon Musk Axed Down Twitter’s Entire ‘Ethics Team’! Litecoin Mining Difficulties Reach ATH After Price Ralyly

Elon Musk fired the entire AI Ethics team on Twitter! Read the top tech news below!

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Apple might change the trigger ' Hey Siri' into a single word to improve the smart assistant's efficiency in order to compete with Amazon's Alexa.

Fast-Track Insights: Binance plans on dumping all FTX tokens from its books, due to some of the recent revelations. Binance's CZ claims that this is not a publicity stunt.

Litecoin mining difficulty is on the rise with LTC getting its new peak. The increase in Litecoin's mining difficulty likely means that the competition for miner rewards is certainly heating up. The cryptocurrency, also known as the 'digital silver' has its 'halving' event just on the horizon. With Litecoin miners competing for more rewards, it is quite evident that LTC might become the new BTC.

CZ, the chief executive of Binance has decided to dump off all remaining FTX tokens. Apparently, Binance currently holds 23 million FTX tokens, but due to the current market conditions and limited liquidity, Zhao has decided to dump off all remaining tokens, and the process will be completed within the next few months.

Elon Musk has apparently fired the entire AI ethics team. The new layoffs conducted by Musk show the current chaotic situation with little to no prior communication towards the employees. They are suddenly being removed by company databases and their access to internal tools like Slack has also been revoked. Reports are still unsure as to why Musk dissolved a team that will be responsible for encouraging ethics and transparency in AI, after specifically aiming to make Twitter's algorithms open-source.

American tech giant, Apple, is planning on changing Siri's trigger phrase from 'Hey, Siri' to 'Siri' in order to improve efficiency in the smart assistant's performance and topple Amazon's Alexa. Reports claim that this change would mean that users would just need to say 'Siri' followed by an active command. Apple plans to implement a significant amount of AI training to enable these functions.

Instagram Head Adam Mosseri feels that the Reels function of the social media platform ought to work out, given Meta's unsuccessful metaverse strategies have gravely hampered the company's financial and economic conditions. The company is aiming towards improving Instagram and Facebook's recommendation strategy as well, especially the Reels, in order to financially expand its horizons.