May 25, 2025
Tech News
OnlyFans owner Fenix International Ltd is reportedly in advanced discussions to sell the platform to an investor group led by the Forest Road Company, valuing the company at approximately $8 billion.
Switching gears to the software industry, Workday has forecast its second-quarter subscription revenue in line with Wall Street expectations, illustrating concerns over weakening client spending on its human capital management software. As a response, Workday has announced a new buyback program for $1 billion worth of shares.
Meanwhile, recent advancements in artificial intelligence are paving the way for early detection of dyslexia in children by analyzing handwriting patterns. A research team from SUNY Buffalo developed AI tools to assess various aspects of children’s writing, showing promising results in identifying irregularities.
Lastly, in the tech product segment, Vestaboard introduced a smaller and more affordable version of its split-flap display, called the Vestaboard Note. With a price starting at $899, it features fewer split-flap modules while still allowing for creative and interactive displaying of messages via an accompanying mobile app.
Tech Explained
Artificial Intelligence (AI) – AI refers to the simulation of human intelligence processes by computer systems. In the context of the news, researchers utilize AI to analyze handwriting patterns in children to identify potential learning disorders like dyslexia.
Workday – Workday is a cloud-based software vendor that specializes in human capital management and financial management software. Recent news highlights how the company is navigating economic uncertainties, predicting revenue challenges as it competes with other providers like Oracle and SAP.
OnlyFans – OnlyFans is a content subscription service that allows creators to earn money from users who subscribe to their content.
Split-flap Display – A split-flap display is an electromechanical display device that uses flip mechanisms to present alphanumeric characters and symbols. Vestaboard’s Note utilizes a smaller version of this technology, appealing to consumers looking for affordable retro-style displays.
Subscription Revenue – Subscription revenue is a business model where customers pay a recurring fee for ongoing access to a product or service. Workday’s expected subscription revenue is crucial for its financial performance amid competitive pressures and changing client budgets.
