News – Dataconomy https://dataconomy.ru Bridging the gap between technology and business Fri, 18 Oct 2024 08:55:03 +0000 en-US hourly 1 https://dataconomy.ru/wp-content/uploads/2022/12/DC-logo-emblem_multicolor-75x75.png News – Dataconomy https://dataconomy.ru 32 32 Worldcoin (now World) bets big on Orbs to fight deepfakes https://dataconomy.ru/2024/10/18/worldcoin-now-world-bets-big-on-orbs-to-fight-deepfakes/ Fri, 18 Oct 2024 08:55:03 +0000 https://dataconomy.ru/?p=59383 Worldcoin, the brainchild of Sam Altman, is shedding its cryptocurrency identity and rebranding as World, doubling down on the pressing need for human identity verification amidst the rise of AI deepfakes. This move signals a deeper transformation toward addressing one of the most insidious threats of our digital era: the erosion of human authenticity. World […]]]>

Worldcoin, the brainchild of Sam Altman, is shedding its cryptocurrency identity and rebranding as World, doubling down on the pressing need for human identity verification amidst the rise of AI deepfakes. This move signals a deeper transformation toward addressing one of the most insidious threats of our digital era: the erosion of human authenticity.

Worldcoin is now World

At a San Francisco event, World introduced the latest version of its Orb device, a cutting-edge biometric tool designed to confirm human identity through iris scans. The company is positioning itself as the vanguard in a battle against increasingly convincing AI-generated content, where the distinction between what is real and what is synthetic is becoming alarmingly tenuous. Alex Blania, co-founder and CEO, outlined the company’s ambitious goal to ensure human identity remains verifiable in an era where deepfake technology could easily manipulate public trust.

This latest version of the Orb, powered by NVIDIA’s Jetson chipset, introduces a new paradigm for human verification. In what could be seen as a reflection of the company’s audacity, Chief Device Officer Rich Heley stated that people will soon be able to request an Orb delivery directly to their homes—similar to ordering takeout—bringing real-time biometric authentication into the consumer space. This model is not just about convenience; it represents a critical response to the growing threat of identity fraud as AI tools become more adept at mimicking human voices, faces, and behavior.

“We are at a crossroads where humanity must ask itself: How will we coexist with AI?” the company declared in a statement, framing this technological development as part of a broader existential challenge.

Worldcoin (now World) bets big on Orbs to fight deepfakes
A Worldcoin orb at San Fransisco

A global vision rooted in biometric security

Since July 2023, nearly 7 million people have submitted their irises to World’s Orb technology. Despite criticism surrounding privacy and data collection, the company claims its latest Orb model offers enhanced privacy features, utilizing 5G capabilities to secure biometric data. World’s expansion into Latin America through partnerships with Rappi also signals its intent to establish a global network of biometric verification centers, with retail locations planned to provide broader access.

The question of trust is at the core of World’s mission. In a world where AI-generated deepfakes are poised to undermine the very fabric of reality, the company is positioning itself as an essential gatekeeper of truth. The stakes are high, and whether or not the public will embrace World’s vision of mass iris scanning for identity verification remains uncertain. Yet the sheer scale of the project and its philosophical framing suggest that World aims to be more than just another tech company.

World is betting big on the idea that humanity will soon demand new methods of verifying its authenticity.

Worldcoin orb locations

About a year ago, we compiled a comprehensive list of Worldcoin Orb locations spread across 18 countries worldwide, covering regions from North America to Europe, Africa, and Asia. These locations are key points where users can access World’s biometric identity verification services. Here’s the full list of countries where the Orbs are available:

  • Argentina
  • Brazil
  • Chile
  • France
  • Germany
  • Hong Kong
  • India
  • Japan
  • Kenya
  • Republic of Korea
  • Mexico
  • Portugal
  • Singapore
  • Spain
  • Uganda
  • United Arab Emirates
  • United Kingdom
  • United States

For more information, refer to the full details in our previous article.


Image credits: World

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ChatGPT Windows app is now live https://dataconomy.ru/2024/10/17/chatgpt-windows-app-is-now-live/ Thu, 17 Oct 2024 20:29:04 +0000 https://dataconomy.ru/?p=59371 ChatGPT desktop app is now on Windows. You don’t have to buy a Mac for that. It was only a matter of time before OpenAI pushed its digital tentacles into the heart of your PC. Today, the AI behemoth launched a Windows desktop app for ChatGPT, ready to swoop in and streamline your productivity, or […]]]>

ChatGPT desktop app is now on Windows. You don’t have to buy a Mac for that.

It was only a matter of time before OpenAI pushed its digital tentacles into the heart of your PC. Today, the AI behemoth launched a Windows desktop app for ChatGPT, ready to swoop in and streamline your productivity, or perhaps, redefine it entirely.

How to use ChatGPT on Windows

Here’s how to get it up and running on your Windows machine:

  1. Go to openai.com/chatgpt/download
    First, head over to OpenAI’s official download page to grab the ChatGPT Windows app.
  2. Download it from the Microsoft Store
    You’ll be redirected to the Microsoft Store. Hit that download button like you mean it.
  3. Install it like any other app
    It’s a smooth process—just follow the usual prompts and let it install.
  4. Sign in with your OpenAI account
    Once it’s ready, open the app and log in using your OpenAI credentials. Simple as that.
  5. Hit Alt + Space to wake it up
    Now, here’s the fun part. Whenever you need ChatGPT, just tap Alt + Space on your keyboard and it’ll pop up, ready to assist. No need to leave your current task—it’s always at your fingertips.

Sure, the new ChatGPT Windows app lets you hit Alt + Space and summon the AI straight from your desktop. It’s sleek, accessible, and promises to shave off precious seconds from your workflow by skipping the browser. But let’s not be naive—this isn’t just about convenience. OpenAI is making its play for dominance. By embedding itself into the core of your operating system, it’s positioning ChatGPT not merely as a chatbot but as an essential cog in the machinery of modern knowledge work.

Why? The answer lies in user engagement. By slipping into your workflow, ChatGPT becomes less of a tool you use when you think of it and more of a tool you can’t do without.

With this Windows release, it’s clear that ChatGPT is gunning for a spot in your office suite, and frankly, it’s poised to give Microsoft Office and even its own partner, Microsoft’s Copilot, a run for their money.

ChatGPT Windows app is now live
The new ChatGPT Windows app lets you hit Alt + Space and summon the AI straight from your desktop (Image credit)

The timing? Spot-on. ChatGPT’s venture into Windows coincides with whispers of OpenAI seeking collaborations outside its usual Microsoft safe haven. Oracle’s data centers and the Pentagon’s interests in AI only add to the growing momentum. And if OpenAI pulls it off, we could be looking at a future where the likes of Excel and Word become quaint relics of a pre-AI world.

Now, before you get too excited, let’s address the elephant in the room. This Windows app isn’t a finished product. Voice Mode—the feature that makes ChatGPT feel less like a chatbot and more like your personal assistant—is notably absent in this early release. Sure, you can still upload files, photos, and sync conversations, but some integrations, including connections with OpenAI’s GPT Store, remain spotty. Once the kinks are ironed out and Voice Mode arrives, we’re talking about a tool that might just outclass other desktop AIs.

In the end, the question isn’t whether ChatGPT can become the cornerstone of your PC. The question is: can you imagine your workday without it?


Featured image credit: Levart_Photographer/Unsplash

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New AI-focused iPad Mini 7 in a nutshell https://dataconomy.ru/2024/10/16/new-ai-focused-ipad-mini-7-in-a-nutshell/ Wed, 16 Oct 2024 09:27:30 +0000 https://dataconomy.ru/?p=59310 Three years after the iPad Mini (2021), Apple has finally rejuvenated its smallest tablet by unveiling the new iPad Mini 7, complete with an A17 Pro chip designed for enhanced performance and AI capabilities. Design and storage options The new iPad Mini 7 retains its familiar 8.3-inch form factor but introduces fresh upgrades beyond just […]]]>

Three years after the iPad Mini (2021), Apple has finally rejuvenated its smallest tablet by unveiling the new iPad Mini 7, complete with an A17 Pro chip designed for enhanced performance and AI capabilities.

Design and storage options

The new iPad Mini 7 retains its familiar 8.3-inch form factor but introduces fresh upgrades beyond just raw power. Notably, it comes in two new color options—blue and purple—adding to the existing starlight and space gray. Storage has also been expanded, with configurations now ranging from 128GB to 512GB.

Pricing and availability

Pricing for the Mini 7 starts at $499 / £499 / AU$799 for the Wi-Fi model, while the Wi-Fi and Cellular model begins at $649 / £649 / AU$1,049. Pre-orders are available starting today.

New AI-focused iPad Mini 7 in a nutshell
The new iPad Mini 7 retains its familiar 8.3-inch form factor

Apple Pencil Pro and Performance Enhancements

One of the standout features of the Mini 7 is its support for the Apple Pencil Pro, a nod to the creative crowd who may find the compact tablet ideal as a digital notebook. With the A17 Pro chip, previously seen in the iPhone 15 Pro series, Apple claims the tablet delivers double the Neural Engine’s speed compared to the Mini 6, along with faster CPU and GPU performance.

Camera and connectivity upgrades

The iPad Mini 7 also retains its 12MP rear camera, now enhanced with Smart HDR 4 for improved image quality. Connectivity has been upgraded to include Wi-Fi 6E, promising faster, more stable wireless connections.

New AI-focused iPad Mini 7 in a nutshell
With the A17 Pro chip Apple claims the tablet delivers double the Neural Engine’s speed compared to the Mini 6

AI-enhanced Apple Intelligence features

Perhaps the most intriguing update is the addition of Apple’s “Intelligence” features, set to roll out later this month in the US.

The iPad Mini 7 is positioned as an enticing mix of portability and power, particularly for those who value a smaller form factor without sacrificing performance. Beyond its compact design, what stands out is Apple’s clear focus on integrating advanced AI capabilities into the device, suggesting that the Mini 7 may be a pivotal gadget in Apple’s evolving AI strategy.

The inclusion of the A17 Pro chip, which has already demonstrated impressive AI capabilities in the iPhone 15 Pro series, points towards an emphasis on on-device intelligence. Features like the Neural Engine’s doubled speed and the forthcoming Apple Intelligence tools suggest that this tablet is designed to do much more than just serve as a portable media device; it’s a showcase of Apple’s ambitions in embedding machine learning capabilities into everyday tools.

The AI-powered writing tools in apps like Mail and Notes, along with imaging enhancements such as the Clean Up feature, indicate that Apple is actively working to make AI-driven productivity accessible in a seamless way. By enhancing ordinary tasks through intelligent automation, the Mini 7 might serve as a bridge to bring advanced AI tools to a broader audience—those who prefer a compact, versatile device.

This focus on AI also aligns with Apple’s broader trajectory of integrating machine learning and AI across its product lineup, aiming to create a consistent, smarter user experience. The iPad Mini 7 may not only be a creative tool or a convenient tablet but also a device that helps redefine how users interact with technology by incorporating AI in an intuitive, unobtrusive manner.


Image credits: Apple

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Android 15 release date is today, Google accidentally leaks https://dataconomy.ru/2024/10/15/android-15-release-date-is-today/ Tue, 15 Oct 2024 11:35:43 +0000 https://dataconomy.ru/?p=59268 Android 15 is confirmed to roll out to Pixel devices today, thanks to an early post on Google’s German Pixel Community forum. Though quickly removed, the news has already made waves through screenshots shared by Redditors who received emails about it. Pixel users to enjoy Android 15 today Below is a translated version of the […]]]>

Android 15 is confirmed to roll out to Pixel devices today, thanks to an early post on Google’s German Pixel Community forum. Though quickly removed, the news has already made waves through screenshots shared by Redditors who received emails about it.

Pixel users to enjoy Android 15 today

Below is a translated version of the message, shared by a Redditor:

Dear Pixel Community,

This month, all supported Google Pixel devices running Android 14 will receive the software update to Android 15. The update is already available for some users today. Over the next week, it will gradually be made available on the devices via the mobile operators. You will receive a notification as soon as the system update is available for your device. We recommend that you check your Android version and update to the latest version.

For more information about this month’s security fixes, see the Android Security Bulletin: https://source.android.com/security/bulletin

Best regards The Google Pixel support team

Android 15 release date is today, Google accidentally leaks
Android 15 is confirmed to roll out to Pixel devices today, thanks to an early post on Google’s German Pixel Community forum

This whole story started with whispers about Android 15 coming soon, especially after the source code hit AOSP in early September. People speculated, and leaks pointed to mid-October, with October 15 marked as a likely date. Well, today is the day. Google, perhaps unintentionally, confirmed that Android 15 is indeed rolling out today, and it’s not just for a select few. If you’ve got a Pixel, chances are you’ll get that coveted OTA notification soon—if not today, then sometime this week, depending on your carrier.

For those stuck with carrier-locked phones, brace yourself for a little patience. Google’s post mentioned that the update would hit global carriers throughout the week. Translation: not everyone gets it at once, and some of you might have to wait just a bit longer.


Epic Games Store wins: You can play Fortnite on iOS and Android now


The timing? Well, if Google sticks to its usual routine, we should see the OTA go live around 10 a.m. Pacific Time. Alongside that, factory images will likely become available for those who prefer the hands-on approach of manual updates.

Google tends to keep the biggest surprises close to its chest until the very last moment. The official Android 15 beta has been around for months, but don’t be shocked if the final release throws in a few extra goodies. Rumors suggest that the Android 15 rollout will coincide with the October Pixel Feature Drop, which means new features could be part of the package—ones we haven’t seen in the beta version yet.

Not to be overlooked, the Pixel Watch is also likely to get some love in this update cycle. Wearables are becoming a bigger part of Google’s ecosystem, so expect new features here too. Google hasn’t let much slip on specifics, but if history’s any guide, the updates will be about more than just bug fixes.

If you’re running the Android 15 QPR1 beta, here’s a heads-up: you won’t be getting the stable build today. It’s kind of a catch-22—you’ll have to opt out of the beta program, but doing so will wipe your phone’s internal storage clean. Not ideal, but for those who want the polished experience, it’s the only way forward.

Google isn’t the only player in the Android 15 arena today. Reports out of India suggest that Motorola may be launching its Android 15 beta for select Moto Edge 50 Fusion users. If true, it’s likely that only a small group of users will get early access, but it’s a sign that other manufacturers are revving their engines.

Xiaomi, Vivo, Nothing, and other Android heavyweights aren’t far behind either. While no official dates have been announced, it wouldn’t be surprising to hear concrete details from these brands soon.

Android 15 compatible phones

As Android 15 starts rolling out, various manufacturers have confirmed which of their devices will support the update.

Android 15 release date is today, Google accidentally leaks
Google has outlined the Pixel phones that will receive Android 15

Here’s a breakdown of the compatible phones by brand:

Google

Google has outlined the Pixel phones that will receive Android 15, with the company’s newest devices leading the charge. These models are guaranteed to receive the update:

  • Pixel 8a
  • Pixel 8 & Pixel 8 Pro
  • Pixel Fold
  • Pixel 7a
  • Pixel 7 & Pixel 7 Pro
  • Pixel 6 & Pixel 6 Pro
  • Pixel 6a
  • Pixel 5a 5G (support until August 2024, which may include Android 15)

Unfortunately, older Pixel models won’t be getting the update. However, two new devices—the Pixel 9 and Pixel 9 Pro Fold—are expected to be released soon and will be Android 15-compatible.

Currently, the Google Pixel 8 Pro is one of the top models available, with competitive pricing around $649. This phone is a great option for those looking to experience Android 15 with the latest features.

Honor

Honor has confirmed that several of its phones will support Android 15, particularly models from its Magic and Honor series. The devices include:

  • Honor 90
  • Honor 90 Lite
  • Honor Magic Vs
  • Honor Magic Vs Ultimate
  • Honor Magic 5 Lite
  • Honor Magic 5 Pro
  • Honor Magic 6 Pro
  • Honor Magic V2

These models are expected to benefit from the Android 15 update, continuing Honor’s streak of delivering consistent software support.

Motorola

Motorola has also announced Android 15 compatibility for several of its devices. These include flagship models from the Razr and Edge series:

  • Motorola Razr 40
  • Motorola Razr 40 Ultra (Razr+ 2023)
  • Motorola Edge 30 Ultra
  • Motorola Edge 40 Pro
  • Motorola Edge 40
  • Motorola Edge 40 Neo
  • Motorola Edge 50
  • Motorola Edge 50 Pro
  • Motorola Edge 50 Ultra

These devices will be among the first in Motorola’s lineup to receive the Android 15 update, providing users with the latest features and improvements.

Nothing

Nothing, a relatively new player in the smartphone market, has confirmed Android 15 support for its Phone (1), Phone (2), and Phone (2a) models. These phones are known for their minimalist design and user-focused features, and the update will only enhance their appeal.

Nokia

Nokia remains committed to delivering updates to its more affordable models. The following Nokia phones will receive Android 15:

  • Nokia G22
  • Nokia G42 5G
  • Nokia G60
  • Nokia X30
  • Nokia XR21

These models are targeted at users looking for reliable, budget-friendly devices, and the Android 15 update will further enhance their value.

OnePlus

OnePlus has long been a favorite among Android enthusiasts for its fast and clean software experience. The following models are confirmed to receive Android 15:

  • OnePlus Open
  • OnePlus 11
  • OnePlus 10 Pro
  • OnePlus 10T
  • OnePlus 9
  • OnePlus 9 Pro
  • OnePlus Nord 3
  • OnePlus Nord 2T
  • OnePlus Nord CE 2 Lite 5G
  • OnePlus Nord CE 3 Lite 5G

With these devices, OnePlus continues its tradition of supporting both flagship and mid-range models with the latest software.

Samsung

Samsung has the most extensive list of Android 15-compatible devices, covering both its flagship Galaxy S series and mid-range Galaxy A models. Here’s the list of confirmed models:

  • Galaxy S24 / S24+ / S24 Ultra
  • Galaxy S23 / S23+ / S23 Ultra
  • Galaxy S23 FE
  • Galaxy S22 / S22+ / S22 Ultra
  • Galaxy S21 FE
  • Galaxy S21 / S21+ / S21 Ultra
  • Galaxy Xcover 6 Pro
  • Galaxy Z Fold 5
  • Galaxy Z Flip 5
  • Galaxy Z Fold 4
  • Galaxy Z Flip 4
  • Galaxy Z Fold 3
  • Galaxy Z Flip 3
  • Galaxy A55
  • Galaxy A54
  • Galaxy A53
  • Galaxy A73
  • Galaxy A35
  • Galaxy A34
  • Galaxy A33
  • Galaxy A15
  • Galaxy A15 5G
  • Galaxy A14
  • Galaxy A14 5G
  • Galaxy A13
  • Galaxy A04s
  • Galaxy M53 5G
  • Galaxy M33 5G
  • Galaxy M23
  • Galaxy A05s
  • Galaxy A05
  • Galaxy M54
  • Galaxy M34

Image credits: Kerem Gülen/Ideogram

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NVIDIA stock soars, closing at a new high of $138.07 https://dataconomy.ru/2024/10/15/nvidia-stock-soars-closing-at-a-new-high/ Tue, 15 Oct 2024 08:33:44 +0000 https://dataconomy.ru/?p=59249 NVIDIA’s stock just hit a record high, closing at $138.07. If you’re wondering why this is significant, let me take you through a clearer view of what’s happening. NVIDIA is now the second most valuable company in the U.S., with a market cap of $3.4 trillion, right on the heels of Apple. In simpler terms, […]]]>

NVIDIA’s stock just hit a record high, closing at $138.07. If you’re wondering why this is significant, let me take you through a clearer view of what’s happening.

NVIDIA is now the second most valuable company in the U.S., with a market cap of $3.4 trillion, right on the heels of Apple. In simpler terms, NVIDIA’s meteoric rise is no accident—it’s tied to something much bigger: artificial intelligence, or AI for short.

And here’s why that matters.

Why NVIDIA stock is climbing the charts

NVIDIA’s surge in stock value (180% in 2023 so far) is because it controls a staggering portion of the AI chip market—anywhere from 70% to 95%, depending on whose numbers you trust. What does that mean for you? Well, nearly every major AI development you’ve heard about—think OpenAI’s ChatGPT, self-driving cars, or the AI systems running complex data centers—is powered by NVIDIA’s technology.

AI Is feeding NVIDIA’s growth (and its next moves are already sold out)

OpenAI, the company behind ChatGPT, just secured a massive $6.6 billion funding round. Why does this matter for NVIDIA? Because OpenAI is buying up NVIDIA’s AI chips like there’s no tomorrow. In fact, CEO Jensen Huang recently said NVIDIA’s next-generation Blackwell chips are already sold out for the next 12 months. Think about that: products that aren’t even out yet have waiting lists. That’s what we’d call “insane” demand, as Huang himself put it.

Nvidia stock soars, closing at a new high of $138.07
NVIDIA’s surge in stock value (180% in 2023 so far) is because it controls a staggering portion of the AI chip market (Image credit)

Companies like Microsoft, Meta, and Amazon are pouring billions into their AI infrastructure, all of which requires NVIDIA’s chips. AI is a long-term growth driver, and NVIDIA is perfectly positioned to ride that wave.


China tightens grip on AI chip market, targeting NVIDIA’s influence


The company is playing an intricate game on the global stage. Recently, NVIDIA partnered with Foxconn to build Taiwan’s largest supercomputer. At the same time, Foxconn is setting up a megafactory in Mexico to assemble NVIDIA’s servers, reducing NVIDIA’s reliance on China in a time of trade tensions between the U.S. and China. This diversification is a strategic masterstroke.

Why is this significant? Simple. NVIDIA is ensuring its supply chain is robust enough to meet global demand, while also hedging its bets against geopolitical risks.

Now, not everything has been smooth sailing for NVIDIA. Earlier this year, its stock stumbled a bit after missing some earnings expectations. That’s bound to happen when the hype train is moving at 100 miles per hour. Add in a subpoena from the U.S. Department of Justice over concerns about trade with China, and there were a few rocky months.

Why you should keep an eye on NVIDIA

At this point, you might be wondering, “Is NVIDIA really about to overtake Apple as the world’s most valuable company?” Well, with a market cap of $3.4 trillion, it’s getting closer by the day. Apple’s still ahead at $3.5 trillion, but NVIDIA’s rapid ascent makes it a serious contender for the top spot. Over the past year, NVIDIA, Apple, and Microsoft have been playing musical chairs with the top three spots on Wall Street. NVIDIA’s rise tells us something important about the future of technology.

So, if you’re thinking long-term, NVIDIA is a company worth watching. The AI boom is far from over, and NVIDIA’s hardware is essential to that growth. For investors, that means NVIDIA might still have plenty of room to climb, despite its already impressive gains.

NVIDIA stock price

According to TradingView, NVIDIA recently reached an all-time high stock price of $139.42. As of the most recent data, NVIDIA’s stock is trading around $136.71.

Nvidia stock soars, closing at a new high of $138.07
NVIDIA stock price recently reached an all-time high of $139.42 (Image credit)

What comes next?

With NVIDIA’s Blackwell chips sold out for a year and demand for its AI infrastructure growing every day, the future looks bright for the chipmaker. Wall Street analysts are already predicting billions in revenue from NVIDIA’s next-generation technology, and that doesn’t even account for the sustained demand for its older GPU models.


Disclaimer: The information provided in this article is for informational and educational purposes only and should not be construed as financial or investment advice. While the data discussed pertains to NVIDIA’s stock performance and market trends, readers should not interpret this as a recommendation to buy, sell, or hold any securities.

Featured image credit: Kerem Gülen/Midjourney

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Horizon unknown: The age of exponential technologies https://dataconomy.ru/2024/10/11/horizon-unknown-the-age-of-exponential-technologies/ Fri, 11 Oct 2024 07:55:51 +0000 https://dataconomy.ru/?p=59137 Few leaders have the insight, passion, and strategic foresight to make real, meaningful changes across industries and society. Dr. Zina Jarrahi Cinker is one of these visionaries, a globally recognized strategist in exponential technologies and deep science. She has spent decades bridging the gap between cutting-edge technologies and their societal impact and is living out […]]]>

Few leaders have the insight, passion, and strategic foresight to make real, meaningful changes across industries and society. Dr. Zina Jarrahi Cinker is one of these visionaries, a globally recognized strategist in exponential technologies and deep science. She has spent decades bridging the gap between cutting-edge technologies and their societal impact and is living out her bold vision with her latest venture, XPANSE – the most influential exponential tech forum of the year, taking place November 20-22 in Abu Dhabi.

The core of her work is the idea that exponential technologies can change how we solve the world’s most pressing problems. But, as Dr. Cinker explains, it’s not just about the technologies themselves; it’s about building a network of visionaries, innovators, and decision-makers who can come together to make it happen. To serve this purpose, she created XPANSE, the global agenda-shaping exponential tech initiative, and forum hosted by ADQ, the Abu Dhabi-based investment holding company.

“Centuries ago, kings would send envoys to different lands to learn about the most exotic and cutting-edge developments of their time, translated from many languages and fields. That is what is needed now. Leaders need a credible source that is translating this news in the right way, so they know what is coming but don’t have to spend too much time on it.” Dr. Cinker says in a recent interview

Dr. Cinker emphasizes that collective intelligence is needed now more than ever as advancements in quantum computing, neuromorphic technology, and genomics accelerate. XPANSE, in many ways, reflects this ethos—bringing together 2,500 of the world’s brightest minds to collaborate, share insights, and shape the future.

A transformative period in human history

Dr. Zina Jarrahi Cinker at the launch of XPANSE
Dr. Zina Jarrahi Cinker at the launch of XPANSE

We are entering a transformative period in human history, Dr. Cinker calls it “the age of exponential technologies.” Four key areas of human knowledge—nano assembly, quantum technologies, AI, and genomics—are accelerating one another, creating hybrid developments that are reshaping industries and society in ways we could not have predicted even a few years ago.

At this point in the development of exponential technology,” she explains, “we can no longer follow predictive linear models, where we say, ‘in five years, we’re going to be there.” Instead, these technologies are converging and emerging at a pace that forces businesses, policymakers, and society to adapt quickly. Rapid progress in artificial intelligence, quantum computing, and advanced genomics seems to happen out of nowhere, so many are caught off guard.

“We can no longer follow predictive linear models at this point in the development of exponential technology”

Businesses, legislators, and policymakers face new challenges and opportunities in this era. “You need to know what is happening on the horizons of all these different areas,” Dr. Cinker urges, emphasizing the need for decision-makers to understand how breakthroughs in one field might ripple across others. It’s not just about staying ahead in one sector; it’s about understanding how unexpected connections can happen between fields, such as how biological computation could solve the energy requirements of AI-driven technologies.

XPANSE: The most influential exponential tech event of the year

Set to take place from November 20-22 in Abu Dhabi, XPANSE is the premier UAE global exponential tech initiative, uniting the world’s most powerful voices, government, Sovereign Funds, family offices, and key industries. Hosted by ADQ, the Abu Dhabi-based holding and investment company, it is not just another tech event, it’s a blend of a powerful agenda-shaping forum and an experiential immersive design with multi-media and sensory experiences designed to activate opportunities and build strategic relationships.  

2,500 world’s brightest minds, Nobel Laureates, industry leaders, policymakers, scientists, and entrepreneurs will gather to exchange knowledge on topics ranging from AI, quantum, and genomics to space habitats and organoid intelligence, all to tackle some of the world’s most complex and pressing challenges.

Key speakers at XPANSE:

  • Dr. Steven Chu, Nobel Laureate, Former US Secretary of Energy, Stanford University
  • Dr. Anton Zeilinger, Nobel Laureate, University of Vienna
  • ⁠⁠Sir Martin Sorrell, Founder of WPP and Executive Chairman, S4 Capital
  • ⁠Sir Ronald Cohen, Co-Founder and President, GSG Impact
  • ⁠⁠Honorable Cristina Gallach, Former Under-Secretary-General, United Nations
  • ⁠Dr. Najwa Aaraj, CEO, TII
  • ⁠⁠Prem Akkaraju, CEO, Stability AI
  • Carolina Aguilar, CEO and Co-Founder, @‌INBRAIN Neuroelectronics
  • ⁠Shahid Ahmed, Group EVP, NTT

Sharing her excitement about XPANSE, Dr. Cinker describes the event on LinkedIn as “THE MOST ambitious, mesmerizing, and groundbreaking experience I have ever created in my entire career.” For her, XPANSE is more than just a gathering to talk about the latest developments in deep tech, it is a force for transformative change, bringing the right people and the brightest ideas together in a way that can actually make a difference.

Connecting deep tech entrepreneurs with UAE & global decision-makers

The Startup Pitch Competition is one of the key components of XPANSE, an opportunity for earlyand growth-stage deep tech startups to pitch their solutions to UAE & GCC and global investors, industry leaders, and government officials and win $20,000 for the best pitch. This isn’t a competition about winning funding, instead, it positions startups as central players in the emerging landscape of exponential technologies in the UAE and globally.

Dr. Cinker believes deep tech startups have a powerful role in translating complex scientific breakthroughs into practical solutions that can help society. XPANSE will be the platform for these startups to gain visibility, connect with UAE and global decision-makers, and secure the resources they need to scale. “That is another reason why we create forums like XPANSE,” she explains, “to show the world what the explorers in the fields of quantum, 2D materials, fusion energy, and carbon capture are creating and how it will change the next chapter for cities, citizens, industries and societies.”

Why you should apply to the Startup Pitch at XPANSE

The XPANSE Startup Pitch invites early-stage and later-stage startups in deep tech to apply by October 15, 2024, to showcase your solution to UAE and international leaders and win $20,000 for your pitch. This is a rare chance to access strategic receptions and networking events to forge partnerships with influential investors and VCs from the Middle East, US, and Europe, including Quantonation, Shorooq, Curiosity VC, Plug& Play and more.

Whether your focus is AI, genomics, advanced materials, or quantum computing, XPANSE provides a unique platform to accelerate your startup’s growth and make your proposed solution a reality. As Dr. Cinker says, “XPANSE will be a place where decision-makers in industry and policy meet with the world’s brightest minds in exponential tech and deep science to look at how we can work together to shape the future.”

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Lisa Su reveals AMD’s next-gen AI hardware at Advancing AI 2024 https://dataconomy.ru/2024/10/11/amd-advancing-ai-2024/ Fri, 11 Oct 2024 07:54:35 +0000 https://dataconomy.ru/?p=59153 At AMD’s Advancing AI event, CEO Lisa Su took the stage to announce a series of innovations aimed at AI customers. From the latest 5th generation EPYC processors to next-gen Instinct accelerators, AMD is doubling down on high-performance hardware for AI workloads. These new technologies promise to boost AI processing power and streamline workloads for […]]]>

At AMD’s Advancing AI event, CEO Lisa Su took the stage to announce a series of innovations aimed at AI customers. From the latest 5th generation EPYC processors to next-gen Instinct accelerators, AMD is doubling down on high-performance hardware for AI workloads. These new technologies promise to boost AI processing power and streamline workloads for enterprises and cloud computing.

AMD Advancing AI 2024 at a glance

Let’s break down the key announcements from the Advancing AI event.

5th Gen EPYC Processors: Unleashing the Power of Zen 5

Kicking off the event, Lisa Su introduced AMD’s 5th generation EPYC portfolio, built around the all-new Zen 5 core. “We designed Zen 5 to be the best in server workloads,” Su explained, highlighting its 177% increase in IPC over Zen 4. The new processor features up to 192 cores and 384 threads, pushing the limits of server performance.

One of the standout points was the flexibility these chips offer. Su noted, “We thought about it from the architectural standpoint—how do we build the industry’s broadest portfolio of CPUs that covers both cloud and enterprise workloads?” This balance of performance and versatility is aimed at handling everything from AI head nodes to demanding enterprise software.

AMD Turion chips: Scaling for the cloud and enterprise

The event also saw the introduction of AMD’s new Turion chips, specifically optimized for different types of workloads. Su revealed two key versions: a 128-core version designed for scale-up enterprise applications, and a 192-core version aimed at scale-out cloud computing. Both are built for maximum performance per core, crucial for enterprise workloads where software is often licensed per core.

“The 192-core version is really optimized for cloud,” Su explained, emphasizing that these chips will give cloud providers the compute density they need. AMD also compared their new EPYC chips to the competition, showing that 5th Gen EPYC delivers up to 2.7 times more performance than the leading alternatives.

AMD Instinct MI325X: An AI-focused GPU

Turning to AI acceleration, Su announced the AMD Instinct MI325X, the company’s latest AI-focused GPU. “We lead the industry with 256 gigabytes of ultra-fast HBM3E memory and six terabytes per second of bandwidth,” Su said. The MI325X is built to handle demanding AI tasks such as generative AI, boasting 20-40% better inference performance and latency improvements over previous models.

In addition to memory and performance boosts, AMD designed the MI325X with ease of deployment in mind. “We kept a common infrastructure,” Su mentioned, allowing for seamless integration with existing systems. This will make it easier for AI customers to adopt the technology without overhauling their platforms.

Lisa Su reveals AMD next-gen AI hardware at Advancing AI 2024
AMD’s commitment to optimizing AI performance extends beyond hardware

AMD Instinct MI350 series

The event also provided a glimpse into AMD’s future with the MI350 series. Scheduled for launch in the second half of 2025, the MI350 introduces the new CDNA 4 architecture and offers a staggering 288 GB of HBM3E memory. According to Su, CDNA 4 will bring a “35 times generational increase in AI performance compared to CDNA 3.”

This new architecture is designed to handle larger AI models with greater efficiency, and its backward compatibility with previous Instinct models ensures a smooth transition for customers.

ROCm 6.2: Better performance for AI workloads

AMD’s commitment to optimizing AI performance extends beyond hardware, with Su announcing ROCm 6.2, the latest update to AMD’s AI software stack. The new release delivers 2.4 times the performance for key AI inference workloads and 1.8 times better performance for AI training tasks. These improvements come from advancements in algorithms, graph optimizations, and improved compute libraries.

“Our latest release focuses on maximizing performance across both proprietary and public models,” Su explained, signaling AMD’s efforts to remain competitive in the AI software space as well.


Image credits: Kerem Gülen/Ideogram 

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Tesla’s We, Robot event in a nutshell: Cybercab, Robovan and Optimus https://dataconomy.ru/2024/10/11/teslas-we-robot-event-in-a-nutshell-cybercab-robovan-and-optimus/ Fri, 11 Oct 2024 07:35:43 +0000 https://dataconomy.ru/?p=59141 Tesla’s “We, Robot” event took place with Elon Musk presenting the company’s latest advancements in autonomous technology. Everything announced at Tesla’s We, Robot event From the introduction of driverless Cybercabs to the reveal of a humanoid robot named Optimus, the We, Robot event highlighted Tesla’s plans to reshape both transportation and everyday life. The future […]]]>

Tesla’s “We, Robot” event took place with Elon Musk presenting the company’s latest advancements in autonomous technology.

Everything announced at Tesla’s We, Robot event

From the introduction of driverless Cybercabs to the reveal of a humanoid robot named Optimus, the We, Robot event highlighted Tesla’s plans to reshape both transportation and everyday life.

Elon Musk arrived on stage with a Cybercab

Elon Musk pointed out that all the vehicles on display were fully autonomous. “As you can see,” he explained, “I just arrived in the Cybercab, a robot taxi with no driver, no steering wheel, and no pedals. It’s completely driverless.”

He went on to describe how Tesla is transitioning from supervised full self-driving (FSD) to unsupervised FSD, where a person could fall asleep and wake up at their destination. “This will be life-changing,” Musk noted, “not only because of the safety improvements but also due to the time saved. Cars today are expensive, with insurance, payments, and storage costs. Autonomy will give you your time back and will be incredibly affordable.”

He predicted that autonomous vehicles would be 10 times safer than human-driven cars and emphasized the cumulative time people will save by not having to drive. Musk also introduced a new vision for autonomous transport, likening it to “individualized mass transit,” where the cost could be as low as 20 cents per mile—far below the current operating costs of traditional transport systems.

Tesla’s We, Robot event in a nutshell- Cybercab, Robovan and Optimus
Tesla’s We, Robot event in a nutshell- Cybercab, Robovan and Optimus

Cybercab: Pricing, availability, and charging

Musk revealed that the Cybercab’s cost would likely be under $30,000 and that fully autonomous, unsupervised FSD would launch in Texas and California next year, initially with the Model 3 and Model Y. Production of the Cybercab itself is expected by 2026, with the technology also available across Tesla’s other models, including the Model S, X, and the Cybertuck.

He underscored that Tesla’s solution relies on AI and vision systems rather than expensive hardware, making their autonomous vehicles cost-effective. “Our autonomous future is here,” he declared, adding that there are already 50 Teslas driving autonomously today.

Tesla is also introducing inductive charging for the Cybercab, which eliminates the need for plug-in chargers. Instead, the Cybercab charges itself wirelessly by simply driving over an inductive charging platform.

Introduction of Robovan

Musk then shifted to a broader topic: how autonomy will reshape cities. “Autonomous vehicles will transform parking lots into parks,” he envisioned, joking, “We’re taking the ‘lot’ out of ‘parking lot.'” This will free up space in cities for green areas, improving the quality of urban life.

Tesla’s We, Robot event in a nutshell- Cybercab, Robovan and Optimus
Tesla’s We, Robot event in a nutshell- Cybercab, Robovan and Optimus

For those needing larger vehicles, Musk introduced the “Robovan.” This futuristic vehicle can transport up to 20 people or large amounts of goods. “Imagine this rolling down the street—that would be amazing,” he said with enthusiasm. The Robovan is designed to address high-density transport needs, incorporating all the advanced technologies developed for Tesla’s cars.

Optimus: The personal robot

Tesla’s ambitions extend far beyond vehicles. Musk introduced Optimus, Tesla’s humanoid robot, powered by the same technology found in their cars: advanced motors, power electronics, AI, and batteries. “It’s the same technology, just in a robot with arms and legs instead of wheels,” he said.

Tesla’s We, Robot event in a nutshell- Cybercab, Robovan and Optimus
Tesla’s We, Robot event in a nutshell- Cybercab, Robovan and Optimus

Optimus is designed to perform a wide range of tasks, from walking dogs to mowing lawns and even babysitting children. Musk predicted that Optimus would eventually cost less than a car and would be a product that “everyone could own at scale.”

“This will be the biggest product ever,” he proclaimed, predicting a future of “abundance,” where Optimus robots produce goods and services, revolutionizing the way we live and work.


Image credits: Tesla

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Suno AI wants you to fix those awful AI lyrics https://dataconomy.ru/2024/10/10/suno-ai-wants-you-to-fix-those-awful-ai-lyrics/ Thu, 10 Oct 2024 15:01:30 +0000 https://dataconomy.ru/?p=59125 Suno AI has rolled out a new feature that aims to change the way users make AI tracks from text prompts. Pro and Premium subscribers can now explore their creations, tweak lyrics, or even add a solo instrument break, as simply as editing a document. That might sound like a basic improvement, but if you’ve […]]]>

Suno AI has rolled out a new feature that aims to change the way users make AI tracks from text prompts. Pro and Premium subscribers can now explore their creations, tweak lyrics, or even add a solo instrument break, as simply as editing a document. That might sound like a basic improvement, but if you’ve dealt with AI lyrics before, you know they’re often filled with clichés like “neon” and “city lights” that seem to recur in AI-generated tracks. The problem of repetitive or awkward phrases is something that has plagued AI-generated music, making it challenging for users to get results that feel unique and tailored to their vision.

Greater control with the “replace section” feature

The new “replace section” feature offers much more control over the final product. Instead of being stuck with the default generated lyrics, users can highlight a part of the track, delete it, and put in their own words. This might seem minor at first glance, but anyone who’s tried to manually fix AI’s lyrical issues will recognize that it’s a very helpful addition. Gone are the days of settling for those awkward, repetitive phrases; you can now edit your lyrics the way you want, without the algorithm dictating your vocabulary. This opens up a lot of creative possibilities, allowing users to shape the narrative of their songs in a much more intentional and personalized way.

Suno AI wants you to fix those awful AI lyrics
The feature works simply: in the song editor, you click the new Replace Section tool, highlight the troublesome lyrics, and type over them

How the replace section feature works

The feature works simply: in the song editor, you click the new Replace Section tool, highlight the troublesome lyrics, and type over them. It’s all quite intuitive.

The interface keeps things simple enough that even someone without technical know-how can pick it up easily. There’s a ten-second minimum for edits, so you can’t just swap out a single word, but you can wipe entire verses and rewrite them in a way that actually fits your vision. While this restriction might seem limiting, it pushes users to think about how different parts of their song fit together, leading to more intentional and well-crafted edits.

You can also let the AI generate a new section if you’re feeling experimental—but don’t be surprised if those “neons” come shining back. The AI still has its quirks, and while it can produce interesting new content, it’s not always perfect. If you’re reworking a big section of the track and need a spark of inspiration, this option can still be pretty handy. The real strength here is the balance between user control and AI assistance—letting you decide when to lean on the algorithm and when to take the creative reins yourself.

Suno’s new update is part of a series of recent improvements, as the rivalry between Suno and Udio continues. Both companies have been pushing out new features at a rapid pace, trying to outdo each other in the race to dominate the AI music market. Another notable addition is the “cover” feature, which lets you rework a song in a different style while keeping the melody intact. It’s still in beta, and in our testing, it only made noticeable changes if you switched from, say, pop to rap. But when the shift was more extreme—like flipping from a pop track to a rap version—the results could genuinely surprise you. It’s just one more sign that the AI music space is evolving quickly, with these tools growing more adaptable and capable of keeping up with bold creative moves.

Suno AI wants you to fix those awful AI lyrics
For anyone curious about exploring these tools, now’s a good opportunity to figure out how to use Suno AI

The rivalry between Suno and Udio is heating up, and that’s a win for users. Both companies are hustling to innovate, rolling out new features that keep things interesting. The “cover” feature, for instance, is still a bit rough around the edges, but it’s got potential for those willing to mess around with genre-bending experiments. As these tools get smarter, we’re bound to see even more ways to fine-tune AI-generated music—turning ambitious ideas into reality without needing a tech degree.

Now is a good time to explore Suno AI

For anyone curious about exploring these tools, now’s a good opportunity to figure out how to use Suno AI to bring your music ideas to life. The platform’s recent updates provide more flexibility and control, making it a valuable resource for both amateur and experienced music creators who want to experiment with AI-assisted songwriting.


Image credits: Kerem Gülen/Midjourney 

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AI pioneers John Hopfield and Geoffrey Hinton won Nobel Physics Prize 2024 https://dataconomy.ru/2024/10/09/john-hopfield-and-geoffrey-hinton-nobel-physics-prize-2024/ Wed, 09 Oct 2024 08:38:19 +0000 https://dataconomy.ru/?p=59042 John Hopfield and Geoffrey Hinton have been awarded the 2024 Nobel Prize in Physics for their pioneering work that laid the foundation for today’s AI revolution. The prestigious recognition shines a spotlight on the profound scientific contributions of these two visionaries, whose work has transformed both our understanding of artificial intelligence and its impact on […]]]>

John Hopfield and Geoffrey Hinton have been awarded the 2024 Nobel Prize in Physics for their pioneering work that laid the foundation for today’s AI revolution.

The prestigious recognition shines a spotlight on the profound scientific contributions of these two visionaries, whose work has transformed both our understanding of artificial intelligence and its impact on everyday life.

John Hopfield, a U.S. scientist and professor at Princeton University, is celebrated for his creation of the associative memory model in 1982. This neural network model mimics the way human brains store and reconstruct information, a concept that is now fundamental to how AI systems process data and images. His work bridged the fields of physics, neuroscience, and computation, making it possible for machines to “learn” by storing patterns and recalling them in ways that resemble human memory.

Meanwhile, Geoffrey Hinton, a British-Canadian computer scientist, is widely regarded as the “godfather of AI” for his breakthroughs in deep learning. Hinton’s work on neural networks enabled computers to recognize patterns and learn from vast amounts of data, an innovation that is now core to applications ranging from speech recognition to image processing. Hinton’s creation of the backpropagation algorithm revolutionized how AI systems learn, and his contributions are deeply embedded in the technologies that power platforms like Google’s search algorithms, autonomous vehicles, and even healthcare diagnostics.

John Hopfield and Geoffrey Nobel Physics Prize 2024
The 2024 Nobel Prize in Physics is a recognition of their role in revolutionizing machine learning and its global impact (Image credit)

A pivotal moment

This Nobel Prize comes at a pivotal time in Hinton’s career. In 2023, he made headlines by leaving his role at Google to more freely discuss the potential dangers posed by AI. He has expressed deep concern that artificial intelligence could eventually surpass human intelligence, with unforeseen consequences. “We have no experience of what it’s like to have things smarter than us,” Hinton remarked during the Nobel press conference. While Hinton acknowledges the transformative potential of AI in fields like healthcare, he also warns of the need to prepare for its risks—especially the possibility of AI systems spiraling out of human control.

Hopfield shares a similar sense of caution, reflecting on the dual nature of technological advancement. “One is accustomed to having technologies which are not singularly only good or only bad,” he commented, hinting at the balance society must strike between innovation and responsibility.

Both laureates have dedicated their careers to answering one of humanity’s most profound questions: how can machines exhibit intelligence, and what are the implications of building systems that can potentially outthink their creators? Their contributions have not only laid the groundwork for machine learning but have also spurred wider discussions about ethics, responsibility, and the future role of AI in society.

The Nobel Committee recognized their achievements as a revolution in science and engineering, noting that their innovations are “changing daily life” for people around the globe. The 11 million Swedish crowns ($1.1 million) prize will be shared by Hopfield and Hinton, acknowledging both the technical breakthroughs and the visionary impact of their work.

History made

This award also makes the history of the Nobel Prize, which has traditionally honored physicists for discoveries in atomic theory, quantum mechanics, and cosmology.

Awarding the prize to pioneers in AI reflects the increasing intersection of physics, computation, and neuroscience—fields once considered distinct but now deeply intertwined thanks to the efforts of figures like Hopfield and Hinton.

As the future of AI unfolds, the work of these two laureates will continue to shape the direction of the field. Whether it’s unlocking new scientific discoveries, creating smarter healthcare systems, or raising important ethical questions, their legacy will influence how we think about intelligence—both human and machine—for generations to come.

With the Nobel Prize in hand, Hopfield and Hinton have not only secured their place in history but have also ignited further dialogue about the promises and perils of the AI-driven world they helped create.

The question remains: Can humanity guide this powerful technology to ensure it benefits society, or will it become a force that we no longer control? Only time—and continued innovation—will tell.


Featured image credit: Royal Swedish Academy of Sciences

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Dataconomy partners with Jobbio’s Amply Network to launch data-driven tech jobs board https://dataconomy.ru/2024/10/08/dataconomy-partners-with-jobbios-amply-network-to-launch-data-driven-tech-jobs-board/ Tue, 08 Oct 2024 14:10:32 +0000 https://dataconomy.ru/?p=59039 Dataconomy, a leading portal for data-driven technology news and insights, is excited to announce a new partnership with Jobbio’s Amply Network, resulting in the launch of a cutting-edge jobs board designed with the tech industry in mind. This collaboration will provide Dataconomoy’s global audience with a dedicated platform to explore career opportunities in the fast-evolving […]]]>

Dataconomy, a leading portal for data-driven technology news and insights, is excited to announce a new partnership with Jobbio’s Amply Network, resulting in the launch of a cutting-edge jobs board designed with the tech industry in mind. This collaboration will provide Dataconomoy’s global audience with a dedicated platform to explore career opportunities in the fast-evolving world of data-driven innovation.

Dataconomy, founded in Berlin, is at the forefront of delivering news, expert opinions, and industry insights to a global network of tech professionals. Covering both established industry leaders and disruptive startups, Dataconomy has cemented its place as a hub for the latest applications of data science and technology. With its roots in one of Europe’s most innovative tech cities, this new initiative aims to serve its audience of tech enthusiasts and professionals with a bespoke jobs board that caters to the specific needs of the data-driven sector.

“The partnership with Jobbio’s Amply Network is a natural fit for Dataconomy,” said Elena Poughia, Dataconomy’s CEO. “We’ve spent years building a community of data science experts, technologists, and innovators, and we’re delighted to now offer a direct pathway to exciting new career opportunities. Whether they’re looking to join an industry giant or the next disruptive startup, our new jobs board will help them find the perfect match.”

Through this partnership, Jobbio’s Amply Network will power the jobs board, offering a seamless, user-friendly experience that connects tech talent with companies seeking top-tier candidates. Jobbio’s expertise in creating tailored job boards for niche audiences ensures that Dataconomy’s readers will have access to a curated selection of opportunities aligned with their skills and interests.

“We’re delighted to partner with Dataconomy,” said Stephen Quinn, CEO of Jobbio. “Their reach within the tech and data science community is unparalleled, and by combining that with the capabilities of the Amply Network, we can deliver a bespoke solution that connects the best talent with the most forward-thinking companies. This jobs board is about more than just job listings – it’s about matching people with the right opportunities in the dynamic world of data-driven technology.”

This new jobs board will serve as a bridge between Dataconomy’s global community of data science enthusiasts and the companies that are driving innovation in the tech industry. From AI to big data and analytics, the job board will feature opportunities across a range of sectors that are shaping the future of technology.

For more information, visit Dataconomy Jobs and explore the new jobs board to find your next career opportunity today.

And if you’re a hiring manager looking to land some brilliant talent, get in touch with us – we’re happy to help!

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TensorWave Rides AI Wave with Record-Breaking $43M Funding Round https://dataconomy.ru/2024/10/08/tensorwave-ai-43m-funding/ Tue, 08 Oct 2024 12:00:27 +0000 https://dataconomy.ru/?p=58909 In a move that encourages Nevada’s growing tech scene, AI cloud platform TensorWave announced today it has secured a statement inducing $43 million in SAFE funding. The largest of its kind for a Nevada-based startup, the funding highlights the increasing attractiveness of Nevada as a hub for tech innovation, with the state’s favorable business environment and […]]]>

In a move that encourages Nevada’s growing tech scene, AI cloud platform TensorWave announced today it has secured a statement inducing $43 million in SAFE funding. The largest of its kind for a Nevada-based startup, the funding highlights the increasing attractiveness of Nevada as a hub for tech innovation, with the state’s favorable business environment and growing talent pool drawing significant attention from investors and entrepreneurs alike, supporting strong growth in sectors like cybersecurity, aerospace, and logistics technology

TensorWave aims to address a typical bottleneck: access to powerful and affordable GPU resources. The company offers a compelling alternative to the existing options currently available, leveraging AMD Instinct Series GPUs rather than siding with NVIDIA, to deliver unparalleled scalability and performance – a strategy it recently discussed with Dataconomy

By eliminating the wait times and complexities associated with on-premise server management, TensorWave aims to democratize AI compute for startups, enterprises, and researchers alike.

“We are thrilled to have the support of such esteemed investors, partners, and the State of Nevada as we embark on this next phase of growth,” said Darrick Horton, CEO at TensorWave. “This funding allows us to significantly scale our team and deploy thousands of AMD Instinct AI accelerators to empower the startups and enterprises shaping our technological future.”

The funding, led by Nexus VP, with significant contributions from Maverick Capital, Translink Capital, Javelin Venture Partners, StartupNV, and AMD Ventures, will fuel TensorWave’s expansion plans. The company plans to bolster its core team, significantly increase capacity at its primary data center with the addition of thousands of AMD Instinct MI300X GPUs, and prepare for the integration of the next-generation MI325X GPUs. Furthermore, TensorWave is gearing up to launch Manifest, an inference platform designed for handling large context windows with minimal latency, enabling advanced document analysis and accelerated reasoning.

“AMD Ventures shares TensorWave’s vision to transform AI compute infrastructure,” said Mathew Hein, Senior Vice President, Chief Strategy Officer and Corporate Development at AMD. “Their deployment of the AMD Instinct MI300X and ability to offer public instances to AI customers and developers positions them as an early competitor in the AI space, and we are excited to support their growth through this latest round of funding.”

TensorWave’s strategic deployment of AMD GPUs positions the company at the forefront of the rapidly expanding AI market, which is projected to reach a staggering $1.81 trillion by 2030, according to Grand View Research. Investors have recognized the company’s potential to become a key player in this burgeoning sector.

“TensorWave has impressed with their mission, vision, and rapid execution. We’re thrilled to support this dynamic startup, which is poised to lead AI cloud computing with AMD GPUs,” says Brendan Walsh, Venture Partner at Translink Capital. “Their deep expertise in both the physical plant and software elements of cloud compute and artificial intelligence, along with their commitment to fostering a competitive, open-source future for AI, makes them an exciting company to watch as they continue to scale.”

With its focus on accessibility, performance, and innovation, TensorWave is set to make waves in the AI industry. The company’s commitment to providing a robust and competitive cloud platform powered by AMD’s cutting-edge GPU technology has the potential to reshape the AI landscape and accelerate the development of groundbreaking applications across various sectors.

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FTC is hunting Amazon and judge approves it https://dataconomy.ru/2024/10/08/ftc-is-hunting-amazon-and-judge-approves-it/ Tue, 08 Oct 2024 10:34:49 +0000 https://dataconomy.ru/?p=58941 So, a federal judge just cleared the way for the Federal Trade Commission (FTC) to move forward with its antitrust case against Amazon. The FTC is accusing Amazon of using its market power to unfairly dominate, particularly by punishing sellers who offer discounts outside of Amazon and pushing them to use its fulfillment services to get […]]]>

So, a federal judge just cleared the way for the Federal Trade Commission (FTC) to move forward with its antitrust case against Amazon. The FTC is accusing Amazon of using its market power to unfairly dominate, particularly by punishing sellers who offer discounts outside of Amazon and pushing them to use its fulfillment services to get better placement on the site.

Why judge approves FTC’s antitrust suit against Amazon

Amazon had tried to get the case thrown out, but the judge, John Chun, said no to most federal claims based on antitrust laws like the Sherman Act. Some claims related to state laws were dismissed, but those might get another shot after some tweaks.

“We are pleased with the court’s decision and look forward to moving this case forward. The ways Amazon illegally maintains its monopolies and the harm they cause — including suppressed competition and higher prices for shoppers and sellers — will be on full display at trial. This case ultimately seeks to pry loose Amazon’s monopolistic control and restore competition,” FTC spokesperson Douglas Farrar stated.

FTC is hunting Amazon and judge approves it
FTC is hunting Amazon and judge approves it (Image credit)

The FTC is happy with the outcome so far, saying this case is about showing how Amazon’s actions harm competition and raise prices for everyone. They want to break up what they see as Amazon’s monopolistic control. Amazon, on the other hand, is downplaying the ruling. Their spokesperson pointed out that at this early stage, the court has to assume everything the FTC says is true, but they’re confident the FTC won’t be able to back up these claims once the trial starts.

The judge’s decision doesn’t guarantee how things will end, though. Chun said it’s too early to consider Amazon’s defense, like any arguments that their practices benefit competition, but those will come up during the trial. The case will also be split into two parts: first, figuring out if Amazon is actually guilty, and if they are, then deciding on any consequences.

This is a big deal, and it’s similar to what’s happening with Google’s antitrust trials, where major tech companies are being called out for their market practices. All eyes will be on the courtroom to see how it plays out.


Featured image credit: Kerem Gülen/Ideogram

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Samsung’s apology signals they’re slipping in the AI race https://dataconomy.ru/2024/10/08/samsungs-apology-signals-theyre-slipping-in-the-ai-race/ Tue, 08 Oct 2024 08:35:49 +0000 https://dataconomy.ru/?p=58922 Samsung Electronics has publicly apologized and admitted it’s facing what many are calling a “crisis” after revealing lower-than-expected profits. According to the Financial Times, the South Korean tech giant reported an operating profit of 9.1 trillion won ($6.8 billion) for the third quarter, falling short of market forecasts, which had predicted 10.3 trillion won, as […]]]>

Samsung Electronics has publicly apologized and admitted it’s facing what many are calling a “crisis” after revealing lower-than-expected profits. According to the Financial Times, the South Korean tech giant reported an operating profit of 9.1 trillion won ($6.8 billion) for the third quarter, falling short of market forecasts, which had predicted 10.3 trillion won, as per LSEG SmartEstimates.

While profits have nearly tripled compared to the same time last year—thanks to rising memory chip prices—they’re still down about 13% from the second quarter. On top of that, the company’s stock has dropped nearly 30% in the past six months, as concerns grow about its ability to stay competitive in the race for advanced AI chips.

Samsung apologizes publicly for falling short of market forecasts

Below is a translated version of the statement of Samsung Electronics:

Dear valued customers, investors, and employees of Samsung Electronics,

Today, on behalf of the management team at Samsung Electronics, I would like to begin by offering our sincere apologies.

We understand that our recent performance has fallen short of market expectations, leading to concerns about both our fundamental technological competitiveness and the future of the company. Many have voiced concerns about a crisis at Samsung, and we, the leadership, take full responsibility for this situation.

To our valued customers, investors, and employees,

However, Samsung has always transformed crises into opportunities through challenge, innovation, and perseverance. We are committed to turning this difficult situation into a catalyst for our next leap forward, and our management team will lead the way in overcoming this crisis.

Above all, we will restore our core technological competitiveness. Technology and quality are our lifeblood, and they represent the pride of Samsung Electronics—values we will never compromise. Instead of pursuing short-term fixes, we will focus on securing long-term competitiveness. We firmly believe that the only path to Samsung’s resurgence lies in developing groundbreaking technologies and achieving uncompromising quality.

Secondly, we will rigorously prepare for the future. With unwavering resolve, we will forge ahead and reignite the passion that drives us to pursue our goals with relentless determination. We will rearm ourselves with the spirit of challenge, aiming for higher goals rather than merely protecting what we have.

Thirdly, we will reevaluate our organizational culture and working methods, and we will promptly correct any issues. We will rebuild a culture of trust and communication, which has always been one of our core traditions. When problems arise in the field, we will bring them to light and engage in open, rigorous discussions to resolve them. In particular, we will maintain active communication with our investors whenever the opportunity arises.

Dear customers, investors, and employees,

We are confident that if we tackle these challenges head-on, we can turn this crisis into a new opportunity. We kindly ask for your continued support and encouragement as Samsung Electronics demonstrates its strength once again.

Thank you.

Sincerely,
JY Jeon
Vice Chairman and Head of the DS Division, Samsung Electronics

Earlier this year, Samsung’s so-called crisis led the company to implement a six-day workweek for its executives. The tough decision came after a rough 2023, marked by rising competition and a decline in chip demand. However, the AI boom was supposed to turn things around, as evidenced by a 15x profit increase last quarter, fueled by strong sales of its high-bandwidth memory chips to NVIDIA.

Now, though, Samsung is facing new challenges. The company recently announced that sales of its top-tier HBM3E chips to a major customer have been delayed, giving competitors like SK Hynix the chance to enter.

The company has acknowledged its difficulties, with Samsung’s chip division head, Young Hyun Jun, apologizing for not meeting expectations. Despite the AI boom, which has significantly boosted profits for competitors, Samsung is finding it tough to capitalize on this opportunity. Its delay in entering the AI race, compounded by slowing demand for traditional memory chips, has raised questions about its ability to maintain market leadership in a highly competitive field.


Featured image credit: Valentyn Chernetskyi/Unsplash

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Comcast data breach exposed thousands of SSNs https://dataconomy.ru/2024/10/08/comcast-data-breach-exposed-thousands-of-ssns/ Tue, 08 Oct 2024 08:04:08 +0000 https://dataconomy.ru/?p=58914 The Comcast data breach has exposed the personal information of over 237,700 customers, including names, addresses, social security numbers, and birthdates. The breach originated from a security incident at Financial Business and Consumer Solutions (FBCS), a debt collection agency previously utilized by Comcast, according to a report filed with the state of Maine. FBCS disclosed […]]]>

The Comcast data breach has exposed the personal information of over 237,700 customers, including names, addresses, social security numbers, and birthdates. The breach originated from a security incident at Financial Business and Consumer Solutions (FBCS), a debt collection agency previously utilized by Comcast, according to a report filed with the state of Maine.

FBCS disclosed that the breach occurred in February 2024, compromising the sensitive information of more than 4.2 million individuals. In July, FBCS notified Comcast that their customer data had also been affected, revealing that an “unauthorized party” had downloaded information from FBCS’s systems and encrypted portions of its network as part of a ransomware attack.

Comcast clarified that the data exposed in this breach dates back to around 2021, despite having ended its business relationship with FBCS in 2020. Additionally, Truist Bank reported that some of its customers were also impacted by the FBCS breach. In response, Comcast is offering identity theft protection and credit monitoring services to those affected by the incident.

What type of sensitive data was exposed in the Comcast breach?

The data breach involving Comcast exposed highly sensitive personal information, including customer names, addresses, social security numbers, and birthdates. This type of data is particularly concerning because it opens the door to identity theft and fraud, making it crucial for affected individuals to take immediate protective measures. With over 237,700 Comcast customers affected, the breach has raised serious concerns about the security of consumer data and the long-term impact on privacy.

How did the breach at FBCS impact Comcast customers?

The security breach at Financial Business and Consumer Solutions (FBCS), a debt collection agency Comcast used previously, directly impacted over 237,700 Comcast customers. As part of the breach, an unauthorized party accessed and downloaded sensitive information from FBCS’s systems, potentially putting customers at risk of identity theft. While Comcast had ceased its partnership with FBCS in 2020, customer data dating back to 2021 remained vulnerable and was part of the compromised information. In response, Comcast is offering identity theft protection and credit monitoring services to all affected individuals, aiming to mitigate the risks stemming from the breach.

Comcast data breach exposed thousands of SSNs
Although the breach occurred in February 2024, FBCS did not notify Comcast until July 2024

When did FBCS inform Comcast about the data breach?

Although the breach occurred in February 2024, FBCS did not notify Comcast until July 2024, a significant delay in reporting the incident. This delay is critical, as it left Comcast customers’ sensitive information exposed for several months before any protective measures could be put in place. The late notification also raises questions about FBCS’s internal processes for detecting and reporting security breaches, as well as how quickly affected parties can respond to potential harm.

What caused the FBCS security breach?

The breach at FBCS was the result of a ransomware attack. During the incident, an unauthorized party managed to infiltrate FBCS’s systems, where they downloaded data and encrypted parts of the system. This type of attack not only involves the theft of sensitive data but also disrupts the victim’s operations by making critical information inaccessible unless a ransom is paid. The attack highlights the growing threat posed by ransomware to organizations that store large amounts of personal data, as well as the need for robust cybersecurity measures to prevent such incidents.

Comcast data breach exposed thousands of SSNs
The Comcast data breach has exposed the personal information of over 237,700 customers

How long has the exposed Comcast data been stored with FBCS?

Although Comcast stopped using FBCS’s services in 2020, the data that was exposed during the breach dates from around 2021. This indicates that the sensitive information of Comcast customers was still in FBCS’s possession, despite the end of their business relationship. The retention of this data beyond the termination of services raises questions about data management practices and the responsibilities of companies to safeguard customer information even after their partnership has ended.

Both Comcast and its customers are now facing the fallout of these vulnerabilities.


Image credits: Kerem Gülen/Midjourney

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Gemini Live can now speak French, German, Portuguese, Hindi, and Spanish https://dataconomy.ru/2024/10/04/gemini-live-can-now-speak-five-more-languages/ Fri, 04 Oct 2024 10:07:42 +0000 https://dataconomy.ru/?p=58818 Google’s Gemini Live is stepping up its game with a new expansion of language support. As of today, users can now engage with Gemini Live in French, German, Portuguese, Hindi, and Spanish on Android devices, marking the first phase of a broader language rollout that Google plans to implement in the coming weeks. The company […]]]>

Google’s Gemini Live is stepping up its game with a new expansion of language support. As of today, users can now engage with Gemini Live in French, German, Portuguese, Hindi, and Spanish on Android devices, marking the first phase of a broader language rollout that Google plans to implement in the coming weeks. The company has committed to supporting conversations in over 40 languages soon, enhancing its global reach and accessibility.

The company’s plan to enable transitions between two languages in a single conversation is a notable advancement in AI functionality. With this development, Gemini Live aims to cater to a global user base that increasingly engages in multilingual dialogue. This feature, still in its early stages, is expected to expand further, allowing for more fluid communication and supporting the diverse linguistic needs of users.

How to set your preferred languages on Gemini Live?

To adjust your language settings and get the most out of this multilingual upgrade, follow these steps with ease:

  • Open the Google app on your Android device, and tap your profile icon at the top of the screen.
  • Head into Settings, then select Google Assistant and finally, Languages.
  • Choose your preferred language from the available options. Want to speak two languages with Gemini Live? You can add a second supported language as well.

Currently, Gemini Live supports up to two languages per device. As Google continues to develop this feature, users can expect more flexibility in how they interact with AI across multiple languages

Gemini Live can now speak French, German, Portuguese, Hindi, and Spanish
Gemini Live can now speak French, German, Portuguese, Hindi, and Spanish (Image credit)

Betting on Gemini more and more

In tandem with the language rollout, Google is introducing its new suite of Gemini Extensions, which includes enhanced Calendar, Tasks, and Keep functionalities. These extensions are being made available in more languages over the coming weeks, adding to the overall versatility of the platform.

Additionally, the Utilities Extension is replacing Google Assistant for managing device tasks like setting alarms, controlling media, and adjusting system settings such as Wi-Fi and Bluetooth. However, Gemini Live itself is not yet compatible with these Extensions, though future updates could potentially integrate them, further expanding its capabilities.

By broadening the scope of supported languages and refining its utilities, Google is positioning Gemini Live as a more powerful tool for everyday users across the globe.


Featured image credit: Google 

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Google goes nuclear to supercharge AI data centers https://dataconomy.ru/2024/10/04/google-goes-nuclear-to-supercharge-ai-data-centers/ Fri, 04 Oct 2024 07:47:57 +0000 https://dataconomy.ru/?p=58806 Google’s growing focus on sustainable energy may soon incorporate nuclear power as a key resource for fueling its AI data centers, as hinted by CEO Sundar Pichai in a recent interview. The tech giant is actively exploring energy options that can support the immense demands of its operations while aligning with its ambitious environmental objectives. […]]]>

Google’s growing focus on sustainable energy may soon incorporate nuclear power as a key resource for fueling its AI data centers, as hinted by CEO Sundar Pichai in a recent interview. The tech giant is actively exploring energy options that can support the immense demands of its operations while aligning with its ambitious environmental objectives. By 2030, Google has set a bold target to achieve net-zero emissions across all aspects of its global operations.

“A core focus of our goal to operate on 24/7 carbon-free energy (CFE) by 2030 is to accelerate the decarbonization of electricity grids around the world. Today’s grids are a major contributor to global greenhouse gas emissions, and electricity demand is expected to grow significantly in the decades ahead.”

-Google

Pichai acknowledged the scope of the challenge, especially as AI’s rapid expansion has significantly increased the company’s energy consumption. “It was a very ambitious target, and we are still going to be working very ambitiously towards it,” Pichai stated in his conversation with Nikkei Asia, underscoring that AI’s growth has made the goal even more challenging. Nevertheless, Google is not shying away from exploring advanced energy solutions, including small modular nuclear reactors, alongside continued investments in solar energy.

Where will Google locate its nuclear plants?

While Pichai did not provide specific timelines or locations where nuclear energy would be introduced into Google’s energy grid, he made it clear that the company is seriously evaluating a range of cutting-edge technologies to support its sustainability efforts. Google’s interest in nuclear energy is not new; the company has long explored innovative clean energy alternatives.

A blog post and accompanying white paper from September 2023 reaffirmed its commitment to investing significantly in technologies such as geothermal energy and hydrogen power, which also hold promise in reducing carbon footprints.

Google goes nuclear to supercharge AI data centers
Pichai did not provide specific timelines or locations where nuclear energy would be introduced into Google’s energy grid

Google’s push towards nuclear energy is part of a broader trend among tech industry leaders. Rivals Amazon and Microsoft have already made moves to secure nuclear-generated electricity for their operations. Amazon, for instance, signed a $650 million agreement in March to purchase power from Pennsylvania’s Susquehanna nuclear plant, according to a report from The Financial Times. Similarly, in September, Microsoft entered into a 20-year contract to buy energy from the Three Mile Island plant, owned by Constellation Energy. This facility, which was decommissioned in 2019, is set to be reactivated by 2028.

As these tech giants ramp up their energy needs for data centers and AI development, nuclear energy is becoming an increasingly attractive option due to its ability to provide reliable, carbon-free power at scale. With industry leaders like Google, Amazon, and Microsoft setting the pace, nuclear power may soon become a cornerstone of the tech world’s shift toward sustainable energy sources, transforming how these companies manage their environmental impact while sustaining the vast power requirements of their demanding infrastructures.


Image credits: Kerem Gülen/Ideogram

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Don’t allow AI to profit from the pain and grief of families https://dataconomy.ru/2024/10/03/dont-allow-ai-to-profit-from-the-pain-and-grief-of-families/ Thu, 03 Oct 2024 10:08:14 +0000 https://dataconomy.ru/?p=58770 Based on a story we read on TechBriefly, it’s hard to resist the urge to punch walls in anger. The family of Jennifer Ann Crecente, an 18-year-old murdered nearly two decades ago, recently discovered her photo being used without their consent by an AI chatbot platform. Jennifer’s name and image were found on Character.ai, a […]]]>

Based on a story we read on TechBriefly, it’s hard to resist the urge to punch walls in anger.

The family of Jennifer Ann Crecente, an 18-year-old murdered nearly two decades ago, recently discovered her photo being used without their consent by an AI chatbot platform. Jennifer’s name and image were found on Character.ai, a service that allows users to interact with AI-generated personalities. The family was never consulted or informed about the use of Jennifer’s identity, leaving them horrified and devastated by this gross misuse.

After the discovery, Jennifer’s uncle took to social media to expose the incident and made a strong statement on his blog, Padandpixel.

Only after public outcry did the platform remove the bot.

The shock of seeing Jennifer’s face and name used without permission reopened old wounds for the family. Crecente described the initial grief after her death as an “almost out-of-body experience,” adding, “My soul felt ripped from my body. I experienced life in a daze for a while, as if I was sort of detached from my body, from the world.” While the family had worked tirelessly to honor Jennifer’s memory through nonprofit work and education, this unauthorized use of her identity felt like a cruel violation.

“It feels like she’s been stolen from us again,” Crecente wrote, highlighting the devastating impact of AI’s careless use of personal identities. Despite their efforts to have the chatbot removed, the damage was done. Crecente asked a pressing question: “Why is it on us to be resilient? Why do multibillion-dollar companies not bother to create ethical, guiding principles and functioning guardrails to prevent this from ever happening?”

Seriously, why do multibillion-dollar companies not bother to create ethical, guiding principles and functioning guardrails to prevent this from ever happening?

We know there are bad people. People are, by nature, commonly capable of bad actions. But those who hold power—especially those with immense technological influence—also bear the responsibility to set boundaries and create frameworks that block evilness.

The answer lies at the intersection of technological advancement, corporate incentives, and the glaring absence of comprehensive regulations.

When companies like Character.ai possess the capability to replicate human identities—whether living or deceased—they have an ethical obligation to ensure that this power is not misused.

The answer lies in prioritizing profit over people. In the relentless race for innovation, companies choose to move fast and innovate without ensuring the necessary ethical barriers are in place. It’s not that they can’t create these barriers; they simply don’t see immediate financial value in doing so.

This is the harsh reality: profit-driven industries often view morality as an optional expense, particularly in the tech world.

Governments and regulatory bodies have lagged behind AI’s rapid evolution, leaving enormous gaps in the law. Few, if any, robust protections exist for the identities of the deceased.

Speak out now!

Media outlets and advocacy groups must hold tech companies responsible for the unauthorized use of deceased individuals’ likenesses. Public pressure is crucial to ensuring that AI platforms implement ethical guidelines and prevent such violations in the future.

Lawmakers must be urged to enact laws that explicitly protect the identities of the deceased, ensuring their names, images, and legacies cannot be exploited for profit. We need regulations that safeguard the dignity of families long after their loved ones have passed.

We must demand that companies establish and enforce strict ethical guidelines for AI use. This includes consent protocols and a transparent process for reporting violations. They should not wait for families to discover these violations after the fact.

Media must continue to play a crucial role in investigating and exposing incidents where AI platforms exploit individuals without consent. Their relentless coverage will hold these companies accountable and push for change, ensuring that silence does not enable this exploitation.

We cannot stand by and allow such violations to continue unchallenged.

#ResponsibleAI


We extend our deepest condolences to the Crecente family during this heartbreaking time. No one should ever have to face the pain of losing a loved one, let alone endure such a violation of their memory. Jennifer’s life and legacy deserve to be honored, and we share in your sorrow as you confront this unimaginable burden.


Featured image credit: Padandpixel

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Judge slams California’s AI deepfake law https://dataconomy.ru/2024/10/03/judge-slams-californias-ai-deepfake-law/ Thu, 03 Oct 2024 08:16:15 +0000 https://dataconomy.ru/?p=58747 A federal judge has made it invalid less than two weeks after California Governor Gavin Newsom signed his new AI deepfake law. AB 2839 was meant to shut down the spread of politically skewered deepfakes, including the AI-generated video of Vice President Kamala Harris redistributed by Elon Musk. The court ruling that the law probably […]]]>

A federal judge has made it invalid less than two weeks after California Governor Gavin Newsom signed his new AI deepfake law. AB 2839 was meant to shut down the spread of politically skewered deepfakes, including the AI-generated video of Vice President Kamala Harris redistributed by Elon Musk. The court ruling that the law probably violates First Amendment protections is a blow to California’s efforts to use AI to combat election misinformation.

Last month, AB 2839, signed into law, was meant to hold people responsible for spreading politically misleading deepfakes that could mislead voters. It did not police social media platforms but allowed judges to order people to remove content they had written themselves, generated by artificial intelligence. It followed mounting concerns about the rise of AI-generated political misinformation, a major concern heading into upcoming elections.


The viral Kamala Harris deepfake and its implications


The lawsuit challenging the law was filed by YouTuber Christopher Kohls, known online as “Mr Reagan,” who posted the AI-manipulated video of Kamala Harris. The deepfake was defended by his legal team, which argued the First Amendment as political satire. U.S. District Judge John Mendez agreed and issued a preliminary injunction blocking the law from being enforced. Mendez said the law was too wide and could easily be abused to crush constitutionally protected speech like satire and parody.

“Almost any digitally altered content, when left up to an arbitrary individual on the internet, could be considered harmful,”

Mendez stated. He said the law employed a broad, subjective language that imperiled free speech. While the state has an interest in election integrity, Mendez said, this law, as written, unfairly infringes upon political expression guarded by the First Amendment.

Shortly after the Dec. 12 court ruling, Elon Musk, who had mocked the new law after posting the Harris deepfake tweet, tweeted on X (formerly Twitter), ‘The court up shuts down California’s unconstitutional law invading your freedom of speech.’ Yay!” His post has gone viral since, and the online fight over the be/tween has only heated up further over the balance of free speech and regulation of AI-generated content.

The preliminary injunction is temporary, and whether that kind of block will last is unclear. The Office of Governor Newsom expressed that the state is confident that it can regulate AI deepfakes in the future. A spokesperson defended the law by saying, ‘We’re confident the courts will uphold the state’s ability to regulate these types of dangerous and misleading deepfakes while at the same time ensuring that these free speech rights can continue to exist.’

The ruling itself emphasizes the love of motion between new AI technology and time-honored constitutional safeguards, as fakes become ever cleverer and more difficult to differentiate. This legal battle’s outcome could shape how states regulate AI-generated content in the run-up to elections.


Featured image credit: Emre Çıtak/Ideogram AI

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Your Ray-Ban Meta glasses are feeding Meta’s AI—Here’s how https://dataconomy.ru/2024/10/03/your-ray-ban-meta-glasses-are-feeding-metas-ai-heres-how/ Thu, 03 Oct 2024 08:15:35 +0000 https://dataconomy.ru/?p=58746 Meta has confirmed that any images taken through it can also be used to train its AI models. The company initially dodged the question and then responded to TechCrunch, saying that while photos and videos taken on the Ray-Ban Meta glasses can’t be used for training unless they’re sent to AI, once Meta AI is […]]]>

Meta has confirmed that any images taken through it can also be used to train its AI models. The company initially dodged the question and then responded to TechCrunch, saying that while photos and videos taken on the Ray-Ban Meta glasses can’t be used for training unless they’re sent to AI, once Meta AI is asked to analyze them, those images’ fall under different policies and can be used for AI training.’

Your data “may be used to improve it”

In an email to TechCrunch, Meta’s policy communications manager Emil Vazquez explained that images and videos shared with Meta AI in the U.S. and Canada “may be used to improve it,” as stated in the company’s privacy policy. That means whenever you ask the AI to analyze your surroundings, you pass data to Meta that it can use to improve its AI models.

The reveal is especially worrying considering the new, easy-to-use AI features rolled out with Ray-Ban Meta glasses. Now, the AI can analyze real-time streams, such as searching through a closet to suggest what to wear, but even those images will also be sent over to Meta to train the AI model.

But as users begin to interact with these smart glasses, it’s unclear that they’re also lending Meta access to personal spaces, loved ones, or sensitive data for its AI development. There is no way around this other than not using Meta’s multimodal AI features. Meta says that interactions with the AI feature can be used to train models, but this isn’t always indicated in the user interface.

As smart glasses’ tails wind into privacy concerns, those concerns echo those surrounding Google Glass, but now with edge AI at their core. Meta, pushing its AI-powered wearables, asks: How far are users willing to go, knowingly or unknowingly, to continue a generation of AI models?


Featured image credit: Meta

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Don’t let PayPal share your personal data! https://dataconomy.ru/2024/10/02/dont-let-paypal-share-your-personal-data/ Wed, 02 Oct 2024 14:01:02 +0000 https://dataconomy.ru/?p=58737 In a growing trend of online services quietly altering their data collection practices, PayPal is the latest to join the fray. According to PayPal’s policy updates page, issued on September 23 for U.S. users, the service is set to begin sharing your data with third-party merchants “to help improve your shopping experience and make it […]]]>

In a growing trend of online services quietly altering their data collection practices, PayPal is the latest to join the fray.

According to PayPal’s policy updates page, issued on September 23 for U.S. users, the service is set to begin sharing your data with third-party merchants “to help improve your shopping experience and make it more personalized for you.”

New PayPal policy allows your data to be shared

Starting in early summer 2025, this new policy will allow PayPal to collect and share user data. However, data collection will begin as early as November 27, 2024. Unfortunately, users are opted into this data-sharing by default, raising privacy concerns, especially for those under regulations like GDPR.

Some U.S.-based users on Twitter have flagged the default opt-in as potentially problematic. One user, based in the UK, found that the same policy had been silently activated for them as well.

New policy on how data is shared to users will however differ depending on the location of the user. In the UK, the policy will be implemented starting from October 10, 2024.

PayPal’s July 8 update clarifies that in the UK, “merchants are permitted to share customer personal information provided to them by PayPal with their service providers.”

Opt out now:

For those concerned about the sharing of their personal data, there’s still time to opt out. PayPal users in the U.S. can find the option under Data & privacy > Manage shared info > Personalized shopping, while UK and EU users can find it under Data & privacy > Manage your privacy settings > Interest-based marketing.

Why is this concerning?

The issue with PayPal’s latest move lies not only in the fact that users are automatically opted in but also in how such practices are becoming normalized. PayPal is not the first company to quietly change its data policies without upfront user consent. As recently, LinkedIn activated AI training on user data by default, and before that, Facebook, Instagram, and X (formerly known as Twitter) did the same with AI tools using public information.

What makes this move different?

PayPal’s justification for the data-sharing is tied to enhancing the user experience through personalization. While personalization is often positioned as a benefit, it doesn’t necessarily justify the broad sharing of user data. Users should have a say in how much of their data is used to “improve” their shopping experience. By defaulting users into data sharing, PayPal effectively places the burden on individuals to find and disable these settings—a task many may overlook or be unaware of.

The impact of this new policy isn’t universally consistent across all regions, adding to the confusion. While users in the U.S. and UK are immediately affected, other jurisdictions like the EU may have different rules depending on their regulations. Such variability in data practices makes it difficult for global users to understand exactly what’s happening to their information.

The growing problem of data opt-outs

PayPal’s decision to opt users into data sharing without upfront consent is part of a larger trend in which companies assume users will comply with new policies by default. This opt-out model forces users to take action to protect their privacy, rather than companies seeking permission first.

The burden is shifted entirely to the user, and this has bigger implications for privacy laws. GDPR, for instance, clearly stipulates that companies must obtain explicit consent before processing personal data. Although PayPal has not rolled out the policy in all regions, these practices could push the boundaries of compliance with such regulations.

Don't let PayPal share your personal data!
PayPal’s July 8 update clarifies that in the UK, “merchants are permitted to share customer personal information provided to them by PayPal with their service providers” (Image credit)

What can you do to protect your data?

  • The first step in protecting your data from being shared is to regularly check your account’s privacy settings. PayPal users, for example, can opt out of data sharing before it goes into effect. U.S. users can disable the Personalized shopping option, while UK users should look for the Interest-based marketing
  • Secondly, it’s important to stay vigilant for future changes. It is quite probable that PayPal will not be the only such company to introduce such changes to its policies. Now, companies want to capitalize on the user data, thus, tracking changes in the privacy settings is the part of protecting users online. Examine the extension of these changes in the data privacy.olicies. As more services seek to monetize user data, keeping an eye on updates to privacy settings has become a necessary part of online security.
  • Lastly, consider the broader implications of these shifts in data privacy. Although by using personalization the process is more convenient, we have to consider the disadvantage of giving our data to third parties. Many times, users themselves do not pay attention to the ways in which information about them is being employed, and that is a problem which PayPal and its equivalents have to explain more persistently.

Don’t let your data be monetized without your knowledge!

PayPal’s recent move to quietly opt users into data sharing is just one more example of how companies are taking liberties with user information, hoping that the default settings go unnoticed. By staying informed and regularly checking your privacy settings, you can prevent your data from being shared without your consent.

It’s time that companies adopt a more transparent approach, offering clear choices rather than assuming consent. Until that change happens, users must remain proactive, protecting their personal information from being used without their full understanding or approval.


Featured image credit: Kerem Gülen/Ideogram

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Who is Durk Kingma, Anthropic’s latest transfer from OpenAI? https://dataconomy.ru/2024/10/02/who-is-durk-kingma-anthropics-latest-transfer-from-openai/ Wed, 02 Oct 2024 09:29:08 +0000 https://dataconomy.ru/?p=58714 Durk Kingma, a co-founder of OpenAI, announced today that he is joining Anthropic. In posts on X, he shared that he will work mostly remotely from the Netherlands but did not specify which team he will be part of or lead. When asked for a comment, an Anthropic spokesperson referred to Kingma’s posts. I'll be […]]]>

Durk Kingma, a co-founder of OpenAI, announced today that he is joining Anthropic. In posts on X, he shared that he will work mostly remotely from the Netherlands but did not specify which team he will be part of or lead. When asked for a comment, an Anthropic spokesperson referred to Kingma’s posts.

Kingma wrote, “Anthropic’s approach to AI development resonates significantly with my own beliefs; looking forward to contributing to Anthropic’s mission of developing powerful AI systems responsibly. Can’t wait to work with their talented team, including a number of great ex-colleagues from OpenAI and Google, and tackle the challenges ahead!”

Who is Durk Kingma?

Durk Kingma, also known as Diederik P. Kingma, is a prominent figure in the field of artificial intelligence and machine learning. He earned his Ph.D. cum laude in machine learning from the University of Amsterdam in 2017. His academic work, particularly in deep learning and generative models, has had a profound impact on the AI community.

Kingma is best known for co-developing several groundbreaking techniques in AI, including the Adam optimizer, a widely-used optimization algorithm in deep learning, and Variational Autoencoders (VAE), a type of generative model that enables unsupervised learning and has applications in image generation and other AI tasks. These contributions have become foundational tools in the development of generative AI models.

Who is Durk Kingma, Anthropic's latest transfer from OpenAI?
Durk Kingma, also known as Diederik P. Kingma, is a prominent figure in the field of artificial intelligence and machine learning (Image credit)

Before his work at OpenAI, Kingma spent several years as a researcher at Google Brain, where he focused on innovations in machine learning and generative models. He played a pivotal role in the creation of influential AI systems such as DALL-E and ChatGPT, which have helped revolutionize text-to-image generation and natural language processing.

In 2015, Kingma co-founded OpenAI, a leading research organization in AI, where he led the algorithms team. However, in 2018, he transitioned to being a part-time angel investor and advisor to AI startups, and later rejoined Google Brain. After Google Brain’s merger with DeepMind in 2023, Kingma continued to contribute to cutting-edge AI research​.


Featured image credit: Anthropic

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Microsoft Copilot now reads, thinks, and speaks https://dataconomy.ru/2024/10/02/microsoft-copilot-now-reads-thinks-and-speaks/ Wed, 02 Oct 2024 09:12:45 +0000 https://dataconomy.ru/?p=58708 In a new update to their Copilot AI collection, Microsoft is launching a range of improvements expected to make interacting with devices easier. Among them, Copilot Vision, Think Deeper, Copilot Voice are further designed to offer user-focused, timely and context-aware experience on Windows, iOS, Android, and Web. All these features are in one way or […]]]>

In a new update to their Copilot AI collection, Microsoft is launching a range of improvements expected to make interacting with devices easier. Among them, Copilot Vision, Think Deeper, Copilot Voice are further designed to offer user-focused, timely and context-aware experience on Windows, iOS, Android, and Web.

All these features are in one way or the other belonging to the broader approach that Microsoft is taking to have Copilot in the middle of people’s daily activities alloting AI solutions merged with the protection of the users’ privacy.

Copilot Vision: A fresh view as well as approach to the use of the World Wide Web

Among new features, there is Copilot Vision, which lets users ask all sorts of questions regarding the content on their screen – be it the text or images on a web page. For example, it is possible to ask for a particular recipe that is depicted in a photo or for furniture advice while using the site. Copilot Vision then operates in manners where it scans through the contents that the users are consuming and responds to the user in real-time, based on the content.

Accessible via Microsoft Edge by typing “@copilot” in the address bar, Copilot Vision is available as part of Copilot Labs, an exclusive opt-in program that offers experimental features to a select group of users. While this feature is not entirely groundbreaking—Google’s Android platform offers similar capabilities—Microsoft claims that Copilot Vision takes things a step further by ensuring that no data is stored or used to train AI models.


Microsoft’s complicated Copilots explained in detail


Microsoft has been keen to emphasize its commitment to privacy with this tool. In a recent blog post, the company highlighted that Copilot Vision deletes all processed data immediately after a conversation, with no audio, images, or text being stored. This is likely in response to growing concerns about data misuse in AI systems, a point Microsoft has been careful to address following legal scrutiny over past incidents involving its AI products.

However, Copilot Vision comes with certain limitations. Currently, the tool cannot analyze content from paywalled or sensitive websites, restricting its functionality to a pre-approved list of web properties. This restriction seems designed to avoid legal challenges similar to the one Microsoft faces with The New York Times, which accused the company of allowing its AI tools to bypass paywalls and access premium content.

Think Deeper: Tackling complex problems with AI reasoning

Another significant addition to the Copilot suite is Think Deeper, a feature that leverages advanced reasoning models to help users navigate complex tasks. Whether it’s solving intricate math problems or comparing multiple home renovation options, Think Deeper is designed to break down and analyze complicated scenarios.

Microsoft has described Think Deeper as a tool that provides step-by-step guidance, making it useful for both everyday challenges and more specialized problems. The company noted that the feature is powered by “reasoning models” that take additional time to respond, ensuring more thorough and accurate answers. Though Microsoft has remained tight-lipped about the specific models used, it is likely a customized version of OpenAI’s o1 model, which Microsoft has fine-tuned for this purpose.

Currently, Think Deeper is available only to a select group of Copilot Labs users in countries like the U.S., U.K., Canada, Australia, and New Zealand, with plans for broader availability in the future.

Microsoft Copilot now reads, thinks, and speaks
Microsoft Copilot now reads, thinks, and speaks (Image credit)

Copilot Voice: Conversational AI at your command

The last in the line of Microsoft’s AI features is Copilot Voice, the ability to address Copilot and issue commands. Launched in the USA, UK, Canada, Australia, and New Zealand first, Copilot Voice extends the ethos of Copilot with answers verbalized.

Like OpenAI’s voice in ChatGPT, Copilot Voice is capable of sensing voice tone, and respond accordingly. Some features of the application make it even more engaging: for example, users can pause Copilot during the conversation or interrupt its answers in the middle of the sentence. The feature of the application is the four synthetic voice which are very natural and realistic to the touch.

However, there are limits on how much users can engage with Copilot Voice. Microsoft has implemented a time-based usage limit, with Copilot Pro subscribers gaining access to additional minutes depending on overall demand.

Personalization: Tailoring Copilot to your preferences

In addition to the major feature updates, Microsoft is also introducing personalization options to Copilot. These settings allow the AI to tailor its suggestions based on the user’s past interactions, drawing insights from activity across other Microsoft apps and services. According to Microsoft, this will help Copilot offer more relevant recommendations and faster access to useful features.

However, the rollout of personalization is being delayed in certain regions. For now this feature is not going to be available in EU or UK anymore as Microsoft continues to weigh options on how to adapt to the tight data protection laws in these regions. It follows the strategy that leading IT enterprises like Apple and Meta as well as other firms have executed when rolling out AI solutions in the European Union.

Microsoft has expressed that the firm is looking forward to providing personalization incorporated into the users in these areas and at the same time satisfying the legal provisions such as the Digital Services Act, which regulates the use of AI and data protection in EU. In the past, the company has received certain regulatory issues, particularly in the assortment EEA’s recent admonition to Microsoft that it might be penalized for not giving enough details about its generative AI goods.Privacy and responsibility at the core

Throughout the rollout of these new features, Microsoft has maintained that privacy and user feedback are at the heart of its development process. The company has stressed that none of the data processed by Copilot Vision, Think Deeper, or Copilot Voice is used for AI training or stored beyond the immediate session.


Featured image credit: Microsoft

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China tightens grip on AI chip market, targeting Nvidia’s influence https://dataconomy.ru/2024/10/01/china-ai-chip-market/ Tue, 01 Oct 2024 14:34:04 +0000 https://dataconomy.ru/?p=58701 China is intensifying efforts to reduce reliance on U.S. technology by discouraging domestic firms from purchasing artificial intelligence (AI) chips made by Nvidia. According to a report from Bloomberg, Chinese regulators have issued informal guidance, pressuring companies to avoid Nvidia’s H20 chips, which are designed to comply with U.S. export restrictions. The move is part […]]]>

China is intensifying efforts to reduce reliance on U.S. technology by discouraging domestic firms from purchasing artificial intelligence (AI) chips made by Nvidia.

According to a report from Bloomberg, Chinese regulators have issued informal guidance, pressuring companies to avoid Nvidia’s H20 chips, which are designed to comply with U.S. export restrictions.

The move is part of China’s broader goal of advancing technological self-reliance in the AI and semiconductor sectors.

Steering away from Nvidia’s H20 chips

Although the Chinese government hasn’t officially outlawed Nvidia’s H20 chips, its “window guidance” effectively steers firms toward local alternatives.

Companies are encouraged to purchase AI chips from domestic manufacturers like Huawei and Cambricon, echoing a similar move earlier this year when Chinese electric vehicle makers were urged to prioritize homegrown technology.

China’s bold play for semiconductor independence

China’s quest for semiconductor self-sufficiency is rapidly gaining momentum, with a target of 70% domestic production by 2025. Massive investments, including a $47 billion semiconductor fund, are fueling this drive.

China AI chip market
Nvidia’s business in China has been negatively affected by the U.S. export ban and the Chinese government’s push for local alternatives (Image credit)

Already, companies like Huawei and ChangXin Memory Technologies are delivering competitive alternatives to Nvidia’s chips, making strides in high-bandwidth memory and AI accelerators.

Nvidia’s China revenues take a hit

Nvidia’s business in China has been shrinking since the U.S. government banned exports of its top-tier chips like the A100 and H100 in 2022.

In response, Nvidia developed the less powerful H20 chip, but the Chinese government’s recent push could further hurt its sales. Nvidia’s revenue from China has already dropped from 24.6% in early 2022 to just 12.2% by mid-2025.

Shifting AI chip market

As China doubles down on building its own AI chip capabilities, the global tech landscape is beginning to shift. With domestic giants like Huawei stepping up with competitive products, the balance of power in the AI chip market may increasingly tilt away from U.S. companies like Nvidia.


Featured image credit: Maxence Pira/Unsplash

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FTC cracks down on five AI companies https://dataconomy.ru/2024/09/30/ftc-cracks-down-on-five-ai-companies/ Mon, 30 Sep 2024 07:44:56 +0000 https://dataconomy.ru/?p=58621 The Federal Trade Commission (FTC) has taken legal action against five companies for deceptive practices related to their AI technologies, following through on its commitment to regulate unethical AI use. These lawsuits come under the FTC’s “Operation AI Comply,” targeting firms that either exaggerated their AI’s capabilities or used it to break the law. The […]]]>

The Federal Trade Commission (FTC) has taken legal action against five companies for deceptive practices related to their AI technologies, following through on its commitment to regulate unethical AI use.

These lawsuits come under the FTC’s “Operation AI Comply,” targeting firms that either exaggerated their AI’s capabilities or used it to break the law.

The cases in focus

Three of the companies—Ascend Ecom, Ecommerce Empire Builders, and FBA Machine—are fighting the allegations in court. They were accused of selling get-rich-quick schemes that claimed their AI-driven tools could create profitable online stores. Instead, these promises led to consumers losing millions, as the profits never materialized.

Each of these companies has been issued court orders to cease operations while the cases unfold.

Misleading AI in action

FTC Chair Lina Khan emphasized that the misuse of AI for fraudulent purposes is illegal, stating, “The FTC’s enforcement actions make clear that there is no AI exemption from the law”.

The crackdown is part of the agency’s larger mission to protect consumers from deceptive practices and ensure ethical AI development.

Settled cases: DoNotPay and Biden robocalls

Two companies have already settled with the FTC. One of the more familiar names, DoNotPay, known for its “robot lawyer,” was fined for misrepresenting its AI as a legal substitute. Despite the hype, it failed to deliver services that matched real human lawyers, leaving users with incomplete documents and unresolved issues.

FTC cracks down on five AI companies
The FTC’s actions highlight growing regulation in AI, aiming to hold developers accountable for the misuse of their technology

The company agreed to pay $193,000 and notify past users of its limitations.

In a separate case, Steve Kramer, who created AI-generated robocalls impersonating President Joe Biden, was fined $6 million by the FCC. The calls violated the Telephone Consumer Protection Act, and further lawsuits against Kramer are ongoing.

Rytr’s AI review generator on the scope

The most controversial case involves Rytr, an AI company that allowed users to generate fake online reviews. This practice violated the FTC’s rules on deceptive advertising, especially since many of these fake testimonials contained false details unrelated to the products or services in question.

Although the FTC’s decision was contentious, with some commissioners dissenting, Rytr has agreed to stop offering its AI review-generating services.

Critics of the case, including former FTC Chief Technologist Neil Chilson, argue that holding AI companies responsible for user-generated content sets a dangerous precedent. He expressed concerns that this decision could stifle innovation by penalizing developers for how users misuse their tools, even if the company itself didn’t cause harm.

What’s next?

The FTC’s actions mark a significant moment in regulating AI technologies. While some worry this could stifle innovation, the agency is standing firm on enforcing consumer protection laws, making it clear that AI developers must be accountable for how their technology is used.

As AI continues to evolve, this might be just the beginning of stricter oversight in the industry.


Featured image credit: Emre Çıtak/Ideogram AI

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Beware of Octo2 malware targeting European banks, disguised as popular apps https://dataconomy.ru/2024/09/27/google-play-store-octo2-malware/ Fri, 27 Sep 2024 14:26:51 +0000 https://dataconomy.ru/?p=58609 If you’re used to downloading mobile apps from unofficial platforms, it’s time to exercise caution. A new version of the Octo malware is wreaking havoc on smartphones across Europe. Cybersecurity experts are warning of a new Trojan designed to attack banking data. This virus, known as Octo2, is the latest iteration of the Exobot malware, […]]]>

If you’re used to downloading mobile apps from unofficial platforms, it’s time to exercise caution. A new version of the Octo malware is wreaking havoc on smartphones across Europe.

Cybersecurity experts are warning of a new Trojan designed to attack banking data. This virus, known as Octo2, is the latest iteration of the Exobot malware, which has been around since 2016.

Disguised as legitimate apps like Google Chrome, Enterprise Europe Network, or NordVPN, Octo2 steals credentials to drain victims’ bank accounts.

Octo2 is a more dangerous version of an old threat

Octo2 isn’t a newcomer to the malicious software scene. Back in 2016, its predecessor, Exobot, executed layered attacks and had the ability to control calls, messages, and even instant notifications. By 2022, a new version named Octo emerged, terrifying users by blocking screens, recording keystrokes, and even sending phishing messages.

Google Play Store Octo2 malware
Octo2 malware disguises itself as legitimate apps like Google Chrome and NordVPN

The creator of this malware, a hacker known as Architect, has recently seen the source code of Octo leak online. This leak led to a dip in profits, as multiple cybercriminals hijacked the code.

In response, Architect developed Octo2 and provided early access to former users of the original Octo.

Octo2’s dangerous reach

European users are particularly at risk. Countries like Italy, Poland, Moldova, and Hungary have already seen an uptick in Octo2 attacks. This malware, hidden within fake versions of apps like Google Chrome and NordVPN, uses a tool called Zombinder to install itself on victims’ smartphones.

Unfortunately, the danger is growing, with new campaigns likely to expand Octo2’s reach, potentially targeting users worldwide.

Why Octo2 is a serious threat?

Octo2 presents a significant challenge for mobile banking security. Its creators have refined the Trojan’s capabilities, improving its stability during remote sessions by reducing lag. They’ve also optimized its ability to hide malicious code, making it harder for users to detect.

In addition, a new algorithm allows cybercriminals to update domain names without having to recreate malware samples.

This adaptability makes Octo2 an ongoing threat.

Google Play Store Octo2 malware
Octo2 has not infiltrated the Google Play Store yet but poses a growing threat

Luckily, Octo2 is not in the Play Store (yet)

For now, Octo2 has not infiltrated the Google Play Store, but the growing sophistication of this malware means we need to remain more vigilant than ever.

Here are some key steps to avoid falling victim to Octo2:

  • Download apps only from official platforms like the Google Play Store or Apple’s App Store.
  • Check app reviews and developer information to ensure legitimacy.
  • Use reliable antivirus software to detect and block malware before it infects your device.
  • Be wary of permissions that apps request, especially those related to messaging, notifications, or access to personal data.

With Octo2 continuing to evolve, it’s essential to stay proactive in safeguarding your devices from these advanced cyber threats.


Image credits: Emre Çıtak/Ideogram AI

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Microsoft Teams will stop working on older versions of Windows and macOS https://dataconomy.ru/2024/09/27/microsoft-teams-will-stop-working-on-older-versions-of-windows-and-macos/ Fri, 27 Sep 2024 13:40:27 +0000 https://dataconomy.ru/?p=58602 If you’re using Microsoft Teams, it’s time to consider updating your computer to Windows 10 or Windows 11 if you haven’t already. Microsoft has announced that Teams will soon stop working on older operating systems, and users will need to upgrade to keep accessing the software. The ultimatum was officially communicated by Microsoft in its […]]]>

If you’re using Microsoft Teams, it’s time to consider updating your computer to Windows 10 or Windows 11 if you haven’t already.

Microsoft has announced that Teams will soon stop working on older operating systems, and users will need to upgrade to keep accessing the software.

The ultimatum was officially communicated by Microsoft in its Admin Center.

No more access to Teams on outdated systems

Starting October 15, Microsoft Teams will no longer be supported on earlier versions of Windows 10 (21H2 and older), Windows 10 and Windows 11 LTSC, and macOS 11. Users running Teams on these systems will start seeing a banner urging them to update their operating system.

For macOS 12 users, this banner will appear a month later.

Although Teams will keep working for a short period after this warning, the clock is ticking. By January 15, 2025, the Teams client will permanently stop functioning on Windows 10 versions 21H2 and earlier.

Microsoft Teams will stop working
Teams will stop functioning on Windows 10 versions 21H2 and earlier (Image credit)

Windows 10 and Windows 11 LTSC users have until August 15, 2025, before Teams stops working.

On macOS 11, Teams access will end on November 15, 2024, while macOS 12 users will lose access by March 15, 2025.

Key deadlines for Teams users

  • Windows 10 21H2 and earlier: Teams will stop working on January 15, 2025.
  • Windows 10/11 LTSC: Support ends August 15, 2025.
  • macOS 11: Teams access ends November 15, 2024.
  • macOS 12: Support ends March 15, 2025.

What happens after the deadline?

After these deadlines, users will no longer be able to use Microsoft Teams on these outdated systems. The program will automatically display a banner prompting you to update your device.


Microsoft and CISA say you must update Windows or face the consequences


In addition to the client software, Microsoft is also updating the requirements for the web version of Teams.

To continue using Teams WebApp, you’ll need the latest versions of major browsers: Google Chrome, Microsoft Edge, Mozilla Firefox (last three versions), or Safari on macOS (last two versions).

How to upgrade your operating system to keep using Microsoft Teams

If you’re still using an older version of Windows or macOS, it’s time to upgrade to keep accessing Microsoft Teams.

Upgrading to Windows 10 or Windows 11

  1. Check your current Windows version
    • Open Settings > System > About.
    • Under “Windows Specifications,” you’ll see your current version. If it’s 21H2 or earlier, you’ll need to update.
  2. Backup your data
    • Before upgrading, make sure to back up your important files, either using an external hard drive or a cloud service like OneDrive.
  3. Upgrade to Windows 10 latest version
    • Go to Settings > Update & Security > Windows Update.
    • Click Check for updates. If an update to a newer version of Windows 10 is available, you’ll be able to install it from here.
  4. Upgrade to Windows 11
    • If you want to move to Windows 11, check if your device is compatible. You can download the PC Health Check app from the official Microsoft website to see if your computer meets the requirements.
    • If compatible, go to Settings > Update & Security > Windows Update, and you’ll see the option to upgrade to Windows 11.
    • Follow the on-screen instructions to install.
Microsoft Teams will stop working
Backing up your data is essential before upgrading your OS to avoid losing important files (Image credit)

Upgrading macOS to the latest version

  1. Check your current macOS version
    • Click the Apple menu in the top-left corner of your screen and choose About This Mac.
    • You’ll see your macOS version under the “Overview” tab. If you’re using macOS 11 or macOS 12, it’s time to upgrade.
  2. Backup your Mac
    • Use Time Machine or another backup method to ensure your data is secure before starting the upgrade.
  3. Download the Latest macOS Version
    • Open the App Store on your Mac.
    • In the search bar, type in the latest macOS version, macOS Sequoia.
  4. Install the Upgrade
    • Follow the on-screen instructions once the new macOS version is downloaded. Your Mac will restart as part of the installation process.

Keep in mind:

  • Storage space: Ensure your device has enough free storage to install the upgrade. Windows updates typically need around 20GB, while macOS may require 15GB or more.
  • Time: Depending on your internet speed and device, the upgrade process could take from 30 minutes to a few hours. Make sure to start when you won’t need your computer for a while.

Upgrading your operating system will keep you up-to-date and ensure that you can continue using Microsoft Teams without interruptions.


Featured image credit: Ed Hardie/Unsplash

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Runway bets big on AI with $5 million fund for experimental films https://dataconomy.ru/2024/09/27/runway-bets-big-on-ai-with-5-million-fund-for-experimental-films/ Fri, 27 Sep 2024 09:51:16 +0000 https://dataconomy.ru/?p=58578 AI-powered video tools company Runway has a daring calling for movie makers to integrate the use of AI at the set. 100 original films have been promised funding through the Hundred Film Fund, including $5 million in cash grants and up to $2 million in service credit. This is a clear signal that AI video […]]]>

AI-powered video tools company Runway has a daring calling for movie makers to integrate the use of AI at the set. 100 original films have been promised funding through the Hundred Film Fund, including $5 million in cash grants and up to $2 million in service credit.

This is a clear signal that AI video generators, like Runway, need filmmakers to experiment with their models for the technology to thrive in the industry.

Funding new visions in film

Runway’s initiative is aimed at filling a gap in traditional film funding, which often overlooks experimental projects. Their new fund is offering support to a wide range of formats, including features, shorts, documentaries, music videos, and more.

As noted in the company’s announcement, they’re particularly interested in backing directors who are curious about AI but might not otherwise receive traditional financial support.

With the promise of up to $1 million per project, the fund offers significant backing. However, Runway’s Head of Creative, Jamie Umpherson, clarified that each project’s financial needs will be assessed individually. The company is keeping flexibility at the forefront, allowing the fund to grow to $10 million if necessary, depending on the level of interest and quality of projects.

Stripe data shows AI startups scaling to $30M revenue in 20 months
For directors intrigued by AI but hesitant due to the novelty of the tools, this fund represents an unprecedented opportunity (Image credit)

An opportunity for AI-curious filmmakers

For directors intrigued by AI but hesitant due to the novelty of the tools, this fund represents an unprecedented opportunity. It offers them the chance to experiment with generative video models and create something groundbreaking. In a field where traditional production houses are often slow to adopt new technologies, Runway’s support could provide the necessary push for AI to find its place in filmmaking.

Beyond just funding, Runway is offering five special “director residency” positions, though details on these roles remain vague. The residency is likely an effort to spotlight directors who show promise in using AI to enhance storytelling, potentially offering more than just financial backing but creative mentorship as well.


Best AI movies to watch for the weekend


Runway’s move feels partly like a plea for filmmakers to adopt their product, but there’s logic in backing experimental ideas. Having access to powerful AI tools doesn’t automatically make someone a great filmmaker. However, giving creators the resources to experiment might bring unexpected breakthroughs.

Out of the 100 funded projects, Runway hopes a few will prove the real value of AI-generated video, potentially demonstrating how the technology can enhance storytelling in ways previously unimagined.

Take note:

  • Applications will be judged based on innovative uses of AI, broad impact potential, and the ability to complete the project within a reasonable timeframe, with a prominent use of Runway required.
  • Applications are open on a rolling basis.
  • Grant recipients must use the funds for AI-powered films, send biweekly updates, and agree to showcase their work through Runway’s channels.
  • Recipients retain full IP rights but must allow Runway to showcase the work for promotional purposes indefinitely.
  • The grants are administered by Runway and Runway Studios, and up to five Director Residency positions are also offered.
Stripe data shows AI startups scaling to $30M revenue in 20 months
Runway is pulling out all the stops to make sure these projects have support from experienced voices (Image credit)

Will AI take hold in filmmaking?

With giant partners like Lionsgate, Runway is pulling out all the stops to make sure these projects have support from experienced voices. The real test, however, will be whether filmmakers can use AI effectively enough to create meaningful work. Some may see it as an easy way to secure funding, but for others, this fund might be the key to pioneering a new era in filmmaking.

In the end, the Hundred Film Fund is a bold experiment. While it’s uncertain how many filmmakers will truly embrace AI, it only takes one or two breakthrough projects to shift the perception of AI in the film industry.

If Runway can ignite that spark, it could open the doors for wider AI adoption across creative fields.


Featured image credit: Kerem Gülen/Midjourney

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Meet Molmo, the free model that could outshine GPT-4 https://dataconomy.ru/2024/09/26/meet-molmo-the-free-model-that-could-outshine-gpt-4/ Thu, 26 Sep 2024 08:55:51 +0000 https://dataconomy.ru/?p=58518 The Allen Institute for AI (Ai2) has made public Molmo, an innovative set of open-source multimodal models that contest the guiding influence of proprietary AI systems. With strengths in superior image recognition and actionable insights, Molmo is ready to assist developers, researchers, and startups by delivering an advanced yet easy-to-use AI application development tool. The […]]]>

The Allen Institute for AI (Ai2) has made public Molmo, an innovative set of open-source multimodal models that contest the guiding influence of proprietary AI systems. With strengths in superior image recognition and actionable insights, Molmo is ready to assist developers, researchers, and startups by delivering an advanced yet easy-to-use AI application development tool. The launch brings attention to an important change in the landscape of AI, uniting open-source and proprietary models and improving everyone’s access to leading AI tech.

Molmo offers features that provide an exceptional degree of image understanding, permitting it to correctly read a wide variety of visual data—from mundane items to complex charts and menus. Instead of being like most AI models, Molmo surpasses perception by enabling users to interact with virtual and real environments through pointing and a range of spatial actions. This capability denotes a breakthrough, allowing for the introduction of complex AI agents, robotics, and many other applications that depend on a granular understanding of both visual and contextual data.

Efficiency and accessibility serve as major aspects of the Molmo development strategy. Molmo’s advanced skills come from a dataset of less than one million images, in stark contrast to the billions of images processed by other models such as GPT-4V and Google’s Gemini. The implemented approach has contributed to Molmo being not just highly efficient in using computational resources but has also created a model that is equally powerful as the most effective proprietary systems and features fewer hallucinations and quicker training rates.

Making Molmo fully open-source is part of Ai2’s larger strategic effort to democratize AI development. Ai2 enables a diverse array of users—from startups to academic laboratories—to innovate and advance in AI technology without the high costs of investment or vast computing power. It gives them access to Molmo’s language and vision training data, model weights, and source code.

Molmo tryout on a homepage image
Here is our tryout with Molmo. Just showed it the main page and check what it saw…

Matt Deitke, Researcher at the Allen Institute for AI, toldMolmo is an incredible AI model with exceptional visual understanding, which pushes the frontier of AI development by introducing a paradigm for AI to interact with the world through pointing. The model’s performance is driven by a remarkably high quality curated dataset to teach AI to understand images through text. The training is so much faster, cheaper, and simpler than what’s done today, such that the open release of how it is built will empower the entire AI community, from startups to academic labs, to work at the frontier of AI development”.

Molmo comparison, Source: Allen Institute
Molmo comparison, Source: Allen Institute

According to internal evaluations, Molmo’s largest model, sporting 72 billion parameters, surpassed OpenAI’s GPT-4V and other leading competitors on several benchmarks. The tiniest Molmo model, including only one billion parameters, is big enough to function on a mobile device while outperforming models with ten times that number of parameters. Here you can see the models and try it for yourself.

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Why Google paid $2.7 billion to reclaim its lost AI genius https://dataconomy.ru/2024/09/26/why-google-paid-2-7-billion-to-reclaim-its-lost-ai-genius/ Thu, 26 Sep 2024 08:35:09 +0000 https://dataconomy.ru/?p=58514 In a powerful and strategic initiative, Google has invested $2.7 billion to bring Noam Shazeer and Daniel De Freitas, the founders of AI startup Character.AI, back to Google. The announcement in August not only licensed Google to Character.AI’s leading technology but also brought Shazeer and De Freitas back to Google, where they will focus on […]]]>

In a powerful and strategic initiative, Google has invested $2.7 billion to bring Noam Shazeer and Daniel De Freitas, the founders of AI startup Character.AI, back to Google. The announcement in August not only licensed Google to Character.AI’s leading technology but also brought Shazeer and De Freitas back to Google, where they will focus on AI work, particularly the future AI model Gemini.

The background: From departure to return

Noam Shazeer, who initially joined Google in 2000 and later co-authored the groundbreaking AI paper “Attention Is All You Need,” left the company in 2021 after it refused to release a chatbot he and De Freitas had developed. Irritated by what he regarded as Google’s too-careful handling of AI, Shazeer quit to launch Character.AI. This startup swiftly rose to prominence for its cutting-edge chatbots that could mimic various personalities and fictional characters.

As of last year, Character.AI rapidly achieved a valuation of $1 billion. In any case, according to WSJ, the $2.7 billion agreement with Google has triggered that valuation to soar to $2.5 billion as part of a broad agreement that covers the buyout of shares held by existing investors and a non-exclusive licensing of Character.AI technology.

A strategic “Reverse acqui-hire”

This deal is more than just a licensing agreement; it represents a “reverse acqui-hire” strategy that has become increasingly common in the tech industry. By confirming Shazeer and De Freitas’s return, Google avoids the regulatory concerns that tend to arise with total acquisitions and still acquires superior talent. This technique illustrates the high-stakes rivalry in AI, revealing that having the best talent is important for sustaining a competitive advantage.

Dominic Perella, who was previously the general counsel, will take the position of interim CEO as Character.AI will remain independent. Even though the co-founders have gone back to Google, the startup’s existing product offerings will remain, and most of its talented team will stick around to progress Character.AI.

Returning to Google is considered a vital success for the organization, especially since Shazeer will be one of the top leaders directing Google’s strategy for creating the future of its AI technology, Gemini. Shazeer has emphasized his enthusiasm for getting back to Google, pointing to the possibilities for new developments enabled by the resources that are now in place.

The bigger picture: AI talent wars

Google’s commitment reflects the bigger trend of technology powerhouses eagerly taking on professional talent from successful AI startups to maintain a competitive advantage in the constantly developing AI field. Firms like Microsoft and Amazon have implemented uniform strategies by putting extensive investments into hiring key AI talent.

The agreement with Character.AI stands apart not only regarding its financial aspects but also because of the strategic importance of bringing Shazeer on board again, a professional who has repeatedly emphasized the promise of AI. Google’s campaign to lead the AI field will likely rely greatly on his expertise, especially in creating generative AI models.

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OpenAI’s CTO Mira Murati quits as executive exodus continues https://dataconomy.ru/2024/09/26/openais-cto-mira-murati-quits-as-executive-exodus-continues/ Thu, 26 Sep 2024 08:07:20 +0000 https://dataconomy.ru/?p=58502 Mira Murati, the Chief Technology Officer of OpenAI and an important contributor to the AI upsurge has resigned after more than six years at the company. With a groundbreaking portfolio that includes ChatGPT and DALL-E, Murati announced her choice to resign to start her new ventures. With her departure, OpenAI is at a key point […]]]>

Mira Murati, the Chief Technology Officer of OpenAI and an important contributor to the AI upsurge has resigned after more than six years at the company. With a groundbreaking portfolio that includes ChatGPT and DALL-E, Murati announced her choice to resign to start her new ventures. With her departure, OpenAI is at a key point as the business deals with a string of executive resignations and works towards raising $6.5 billion in fresh capital.

The recent turmoil at OpenAI is what led to Murati’s departure. Last year, she temporarily accepted the CEO position after the company’s co-founder Sam Altman briefly left in a boardroom takeover. As part of her assignment, she helped the company navigate through some of its most difficult periods, including overseeing relationships with important investors, such as Microsoft, which has poured $13 billion into OpenAI. Despite the unrest, Murati kept directing the evolution of the organization’s AI technologies, which include the recently presented o1 reasoning model and speech-to-speech chat features.

Her resignation is another addition to a growing roster of high-profile separations from OpenAI, which includes co-founder Ilya Sutskever and essential safety team representatives. Within days of the unexpected announcement of her stepping down, the company’s Vice President of Research, Barret Zoph, and the Chief Research Officer, Bob McGrew, resigned on the same day.

In her farewell message, Murati thanked Altman and co-founder Greg Brockman for their support; Brockman is currently away on a leave of absence. She highlighted the recent advancements in AI as “the beginning of a new era in interaction and intelligence” and assured her commitment to a smooth transition during this leadership change.

Murati shared the following memo with OpenAI staff, which she also posted online:

“Hi all,

I have something to share with you. After much reflection, I have made the difficult decision to leave OpenAI.

My six-and-a-half years with the OpenAI team have been an extraordinary privilege. While I’ll express my gratitude to many individuals in the coming days, I want to start by thanking Sam and Greg for their trust in me to lead the technical organization and for their support throughout the years.

There’s never an ideal time to step away from a place one cherishes, yet this moment feels right. Our recent releases of speech-to-speech and OpenAI o1 mark the beginning of a new era in interaction and intelligence—achievements made possible by your ingenuity and craftsmanship. We didn’t merely build smarter models, we fundamentally changed how AI systems learn and reason through complex problems.

We brought safety research from the theoretical realm into practical applications, creating models that are more robust, aligned, and steerable than ever before. Our work has made cutting-edge AI research intuitive and accessible, developing technology that adapts and evolves based on everyone’s input. This success is a testament to our outstanding teamwork, and it is because of your brilliance, your dedication, and your commitment that OpenAI stands at the pinnacle of AI innovation.

I’m stepping away because I want to create the time and space to do my own exploration. For now, my primary focus is doing everything in my power to ensure a smooth transition, maintaining the momentum we’ve built.

I will forever be grateful for the opportunity to build and work alongside this remarkable team. Together, we’ve pushed the boundaries of scientific understanding in our quest to improve human well-being.

While I may no longer be in the trenches with you, I will still be rooting for you all.

With deep gratitude for the friendships forged, the triumphs achieved, and most importantly, the challenges overcome together.

Mira”

In its critical fundraising phase to reach a staggering $150 billion value, OpenAI hasn’t named Murati’s replacement as Chief Technology Officer. Altman acknowledged Murati’s profound impact on the company, stating, “It’s hard to overstate how much Mira has meant to OpenAI, our mission, and to us all personally.”

As the company gears up for its annual DevDay in San Francisco next week, the leadership shifts cast a gloom over what should be a celebration for the AI giant. The absence of key players has caused questions about OpenAI’s future trajectory and persistent rapid innovation.


(Featured image: Christie Hemm Lokk for Fortune)

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ChatGPT exploit: How hackers might steal information by using false memories https://dataconomy.ru/2024/09/25/chatgpt-exploit-how-hackers-might-steal-information-by-using-false-memories/ Wed, 25 Sep 2024 15:06:16 +0000 https://dataconomy.ru/?p=58493 Security researcher Johann Rehberger has exposed a serious vulnerability in ChatGPT that could permit attackers to record incorrect data alongside pernicious instructions in a user’s settings for long-term memory. After reporting the flaw to OpenAI, Rehberger noticed that the company initially dismissed it as a safety matter rather than a security concern. After Rehberger showed […]]]>

Security researcher Johann Rehberger has exposed a serious vulnerability in ChatGPT that could permit attackers to record incorrect data alongside pernicious instructions in a user’s settings for long-term memory. After reporting the flaw to OpenAI, Rehberger noticed that the company initially dismissed it as a safety matter rather than a security concern. After Rehberger showed a proof-of-concept (PoC) exploit that used the vulnerability to permanently exfiltrate all user input, engineers at OpenAI became aware and released a partial fix earlier this month.

Exploiting long-term memory

According to Arstechnica, Rehberger found that you can alter ChatGPT’s long-term memory using indirect prompt injection. This method permits attackers to embed false memories or directions into untrusted material such as uploaded emails, blog entries, or documents.

Rehberger’s PoC demonstrated that tricking ChatGPT into opening a malicious web link allowed the attacker full control over capturing and dispatching all subsequent user input and ChatGPT responses to a server they controlled. Rehberger demonstrated how the exploit might cause ChatGPT to keep false information, including believing a user was 102 years old and lived in the Matrix, affecting all future discussions.

OpenAI’s reply and continuing risks

OpenAI initially responded to Rehberger’s report by closing it, classifying the vulnerability as a safety matter rather than a security problem. After sharing the PoC, the company released a patch to prevent the exploit from functioning as an exfiltration vector. Even so, Rehberger pointed out that the fundamental issue of prompt injections remains unsolved. While the explicit strategy for data theft was confronted, manipulative actors could still influence the memory instrument to incorporate fabricated data into a user’s long-term memory settings.

Rehberger noted in the video demonstration, “What’s particularly intriguing is that this exploit persists in memory. The prompt injection successfully integrated memory into ChatGPT’s long-term storage, and even when beginning a new chat, it doesn’t stop exfiltrating data.

Thanks to the API rolled out last year by OpenAI, this specific attack method is not feasible through the ChatGPT web interface.

How to protect yourself from ChatGPT (or LLM) memory exploits?

Those using LLM who want to keep their exchanges with ChatGPT secure are encouraged to look out for updates to the memory system during their sessions. End users must repeatedly check and attend to archived memories for suspicious content. Users have guidance from OpenAI on managing these memory settings, and they can additionally decide to turn off the memory function to eliminate these possible risks.

Due to ChatGPT’s memory capabilities, users can help protect their data from possible exploits by keeping their guard up and taking measures beforehand.

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Former AI startup CEO faked revenue and faces decades in prison https://dataconomy.ru/2024/09/25/former-ai-startup-ceo-faked-revenue-and-faces-decades-in-prison/ Wed, 25 Sep 2024 15:01:46 +0000 https://dataconomy.ru/?p=58490 Former San Francisco AI startup CEO Baba Nadimpalli is dealing with serious fraud charges after allegedly misleading investors about the company’s financial health. The unsealing of a federal indictment earlier this week reveals that Nadimpalli, an Australian citizen, was charged with three securities fraud counts and seven wire fraud. Raised more than $40 million From […]]]>

Former San Francisco AI startup CEO Baba Nadimpalli is dealing with serious fraud charges after allegedly misleading investors about the company’s financial health. The unsealing of a federal indictment earlier this week reveals that Nadimpalli, an Australian citizen, was charged with three securities fraud counts and seven wire fraud.

Raised more than $40 million

From 2020 to 2022, Nadimpalli supposedly raised more than $40 million in financing spread over three rounds by misleading investors about Skael’s revenue and customer data. The U.S. Attorney’s Office noted that Nadimpalli reported that Skael earned millions in annual recurring revenue and had multiple prestigious clients. However, the revenue was considerably less, and some claimed clients did not exist.

In February 2022, during the Series A preferred stock offering that valued Skael at about $230 million, Nadimpalli supposedly built an electronic data room packed with falsified documentation to draw in potential investors. These papers featured misleading information concerning the company’s financial condition, customer payments, and profit and loss statements.

Up to 20 years in prison and $5 million in fines expected

In its lawsuit against Nadimpalli, the Securities and Exchange Commission (SEC) accused him of breaking federal securities laws by lying to investors and using money for mortgage payments and home improvements.

If found guilty of securities fraud, Nadimpalli’s sentence is a maximum of 20 years in prison and $5 million in fines, with an extra 20 years and a $250,000 fine for wire fraud. The Northern District of California’s Corporate and Securities Fraud Section manages the case prosecution.

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Sam Bankman-Fried’s ex-girlfriend sentenced to 2 years in prison https://dataconomy.ru/2024/09/25/sam-bankman-fried-former-girlfriend-sentenced-to-2-years-in-prison/ Wed, 25 Sep 2024 09:36:29 +0000 https://dataconomy.ru/?p=58476 In one of the largest financial fraud cases in U.S. history, Caroline Ellison, former girlfriend of FTX co-founder Sam Bankman-Fried and former head of Alameda Research, has been sentenced to two years in prison. Her sentence comes after extensive cooperation with prosecutors in a case that ultimately led to the conviction of Bankman-Fried himself. This […]]]>

In one of the largest financial fraud cases in U.S. history, Caroline Ellison, former girlfriend of FTX co-founder Sam Bankman-Fried and former head of Alameda Research, has been sentenced to two years in prison. Her sentence comes after extensive cooperation with prosecutors in a case that ultimately led to the conviction of Bankman-Fried himself. This case has brought to light the darker side of the cryptocurrency industry and the massive financial fraud behind the collapse of FTX.

The rise and fall of FTX

FTX, a once high-flying cryptocurrency exchange backed by celebrities, was a platform that allowed users to buy and sell digital assets. Its meteoric rise in the crypto world came to an abrupt end in November 2022 when it collapsed amid swirling rumors of financial misconduct. Customers, concerned by FTX’s unusually close ties with Sam Bankman-Fried’s hedge fund, Alameda Research, began pulling their funds en masse, leading to the company’s downfall.

The collapse revealed a massive scheme of fraud and financial mismanagement. Billions of dollars in customer funds had been funneled into risky investments, ultimately leaving FTX and Alameda insolvent. Ellison, who played a central role at Alameda, was among the key insiders who cooperated with authorities, pointing to Sam Bankman-Fried as the mastermind behind the fraud.


The first-ever AI-to-AI crypto transaction has just happened


Ellison’s cooperation with prosecutors

During her trial, Ellison pleaded guilty to seven federal counts of fraud and conspiracy. She admitted her involvement in the scheme but pointed to Bankman-Fried as the driving force behind the criminal activities. Her cooperation was seen as crucial in securing the conviction of Sam Bankman-Fried, who has since been sentenced to 25 years in prison.

Ellison’s emotional testimony during Bankman-Fried’s trial was a keymoment. She expressed deep regret for her actions, telling the court, “I think on some level my brain can’t even truly comprehend the scale of the harm it caused. That doesn’t mean I don’t try. I am so so sorry.” She added, “I am deeply ashamed of what we had done,” her voice cracking as she spoke. Her testimony not only incriminated Bankman-Fried but also painted a vivid picture of their business dealings and personal relationship, which added to the complexity of the case.

Sam Bankman-Fried’s former girlfriend sentenced to 2 years in prison
Caroline Ellison, former girlfriend of FTX co-founder Sam Bankman-Fried and former head of Alameda Research, has been sentenced to two years in prison (Image credit)

The role of Alameda Research

Alameda Research, the hedge fund Ellison managed, was deeply intertwined with FTX. While FTX was meant to operate as an independent cryptocurrency exchange, it became clear that customer funds were being used to prop up Alameda’s risky bets. Ellison admitted that she had followed orders from Sam Bankman-Fried to misappropriate FTX funds to cover Alameda’s losses.

When asked who had directed her to engage in various fraudulent activities, she consistently answered, “Sam did.” This direct attribution of responsibility played a significant role in the prosecution’s case against Bankman-Fried, reinforcing the narrative that he was the architect of the fraud, while Ellison and other insiders followed his lead.

Judge’s decision on Ellison’s sentence

At the sentencing, Judge Lewis Kaplan acknowledged Ellison’s “very, very substantial cooperation” with prosecutors. He noted that her assistance in the case was critical to securing the conviction of Sam Bankman-Fried and exposing the full extent of the fraud. Despite facing a similar list of charges as Bankman-Fried, Ellison’s cooperation played a significant role in her receiving a more lenient sentence.

Kaplan emphasized that Ellison had “pulled no punches” in her testimony and had fully implicated herself in the fraud. However, he also recognized that her cooperation was “remarkable” and distinguished her from Bankman-Fried, who continues to maintain his innocence and has already filed an appeal. Kaplan’s decision to sentence her to two years in prison reflects the balance between acknowledging her guilt and recognizing her cooperation.

Criticism of Ellison’s leniency

While Ellison’s cooperation earned her a reduced sentence, not everyone agrees with the leniency shown. Critics argue that Ellison could have stopped the fraud much earlier, potentially preventing billions of dollars in losses and protecting thousands of FTX customers and investors from financial ruin.

Dennis Kelleher, president of the nonprofit Better Markets, commented, “There is no question she deserves leniency, but at the same time, she could have single-handedly stopped this fraud at any time, long before billions of dollars were lost, hundreds of investors were defrauded, and tens of thousands of customers were ripped off.”

This criticism highlights the tension between rewarding cooperation in such cases and holding key players accountable for their roles in massive financial crimes. Though Ellison was instrumental in exposing the fraud, many believe that her position of power at Alameda Research gave her the ability to prevent the collapse of FTX altogether.

The fallout from FTX’s collapse

When FTX collapsed in November 2022, it left thousands of customers locked out of their trading accounts. The bankruptcy of FTX was unusual in that, despite the massive fraud, the estate overseers were able to recover a significant portion of the company’s assets. This was largely due to a surge in the value of its remaining crypto holdings, allowing the estate to repay most creditors in full, with interest.

Still, the damage caused by FTX’s collapse reverberated throughout the cryptocurrency industry, shaking investor confidence and raising questions about the future of digital assets. The case also highlighted the lack of regulatory oversight in the crypto space, with many calling for stricter regulations to prevent similar frauds in the future.


Featured image credit: Mariia Shalabaieva/Unsplash

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Salesforce buys Zoomin: A strategic move to dominate Enterprise AI https://dataconomy.ru/2024/09/25/salesforce-buys-zoomin-a-strategic-move-to-dominate-enterprise-ai/ Wed, 25 Sep 2024 08:46:45 +0000 https://dataconomy.ru/?p=58464   Salesforce is continuing its intense growth in AI and data management by announcing its purchase of Israeli startup Zoomin for $450 million. This deal, which is expected to close in the fourth quarter of Salesforce’s fiscal year 2025, signifies Salesforce’s promise to increase its AI capabilities, with a special focus on unstructured data—a major […]]]>

 

Salesforce is continuing its intense growth in AI and data management by announcing its purchase of Israeli startup Zoomin for $450 million. This deal, which is expected to close in the fourth quarter of Salesforce’s fiscal year 2025, signifies Salesforce’s promise to increase its AI capabilities, with a special focus on unstructured data—a major resource for modern AI applications.

Zoomin’s role in Salesforce’s AI vision

Founded in 2016 by Gal Oron, Hannan Saltzman, and Joe Gelb, Zoomin has made considerable progress in arranging and allowing access to unstructured data for AI engines and autonomous systems. So far, the startup has secured close to $70 million from backers like Bessemer Venture Partners, Viola Growth, General Atlantic, and Salesforce Ventures. The client list includes major corporations, such as Dell, McAfee, and Mastercard, as well as fast-food heavyweights like Burger King and Popeyes.

“We’re both humbled and excited to join forces with Salesforce. It’s a natural progression of our long-standing and evolving partnership,” said Zoomin CEO Gal Oron. “As organizations are accelerating their enterprise AI transformation, our joint mission is to support them and make sure AI doesn’t hit the data wall. As part of the #1 AI CRM, we will allow customers to leverage their existing enterprise data in ways they never imagined possible.”

Strengthening Agentforce with Zoomin’s technology

The buyout represents Salesforce’s second key acquisition of an Israeli enterprise this month after acquiring Own, another data management firm, for $1.9 billion. Zoomin’s technology integration into Salesforce’s Data Cloud and Service Cloud platforms is already underway, and Zoomin ambitions to broaden its capabilities across all Salesforce solutions. The integration is foreseen to strengthen Salesforce’s Agentforce platform, designed to innovate in customer service through autonomous AI agents that can accomplish sophisticated decision-making.

“Proprietary unstructured data is powerful fuel our customers can use for AI agents and customer experiences, and Zoomin’s proven expertise and technology will accelerate Data Cloud’s innovation and enable our customers to get better value from Agentforce,” said Rahul Auradkar, EVP & GM of Unified Data Services & Einstein at Salesforce.

The agreement occurs when the enterprise AI ecosystem is swiftly evolving, with businesses like Microsoft and Google focusing heavily on their AI features. Through its buyout of Zoomin, Salesforce aims to present more comprehensive and dynamic AI solutions, particularly in customer service application automation and data insight techniques. Experts contend this action directly answers the hurdles posed by competitors like Microsoft’s Copilot, with Salesforce wanting to provide a more capable and autonomous AI experience.

Zoomin’s platform specializes in processing substantial amounts of technical material from various sources within organizations. It permits companies to make tailored replies at all customer engagement points—whether on home portals, websites, support centers, or even within products. This platform automatically generates insights and suggestions based on user behavior and content consumption patterns, making it a useful resource for firms that wish to bolster their digital transformation activities.

“We’re both humbled and excited to join forces with Salesforce. It’s a natural progression of our long-standing and evolving partnership,” said Gal Oron, Zoomin CEO. “As organizations are accelerating their enterprise AI transformation, our joint mission is to support them and make sure AI doesn’t hit the data wall. As part of the #1 AI CRM, we will allow customers to leverage their existing enterprise data in ways they never imagined possible.”

The acquisition draws attention to the necessity of overseeing unstructured data in AI applications. Zoomin’s integration is helping Salesforce boost its data management capabilities while also preparing for more sophisticated AI applications that can deal with the challenging aspects of business situations. The upgraded Agentforce platform is forecasted to advance customer service automation, sales forecasting, and marketing campaigns through improved use of unstructured data.

 

 

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This AI can watch your heartbeat using a camera – Learn how https://dataconomy.ru/2024/09/24/this-ai-can-watch-your-heartbeat-using-a-camera-learn-how/ Tue, 24 Sep 2024 14:20:49 +0000 https://dataconomy.ru/?p=58442 The team from Great Bay University has presented PhysMamba, an innovative AI framework for measuring heart rate and related physiological signals through facial videos. This important innovation in remote photoplethysmography (rPPG) provides a contactless method for health monitoring, which opens new opportunities for immediate medical and wellness applications. PhysMamba sets itself apart from earlier rPPG […]]]>

The team from Great Bay University has presented PhysMamba, an innovative AI framework for measuring heart rate and related physiological signals through facial videos. This important innovation in remote photoplethysmography (rPPG) provides a contactless method for health monitoring, which opens new opportunities for immediate medical and wellness applications.

PhysMamba sets itself apart from earlier rPPG methodologies that mostly relied on Convolutional Neural Networks (CNNs) and Transformers. These traditional measurement approaches often found it difficult to accurately capture the essential long-range temporal dependencies crucial for heart rate measurement, especially when dealing with longer video sequences. PhysMamba resolves these barriers by introducing a state-of-the-art Temporal Difference Mamba (TD-Mamba) block alongside a dual-stream SlowFast architecture. By doing this, the model effectively processes short-term and long-range temporal features, thereby increasing its accuracy in detecting precise physiological signals. You can read the paper here.

Through a series of detailed experiments on benchmark datasets, including PURE, UBFC-rPPG, and MMPD, PhysMamba showed impressive advancements compared to current models. This resulted in decreased error rates and heightened accuracy in heart rate estimation. Significantly surpassing typical CNN and Transformer models, the innovative framework was particularly effective in real-world situations affected by lighting variations and facial movements.

This new version of an AI model, embraced by CCBR 2024, is a crucial development in noninvasive physiological monitoring. The research team has released the code for PhysMamba on GitHub, granting opportunities for additional research and development in this exciting domain of computer vision and health technology.

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OpenAI’s X account compromised—Beware of the $OPENAI scam https://dataconomy.ru/2024/09/24/openais-x-account-compromised-beware-of-the-openai-scam/ Tue, 24 Sep 2024 14:01:32 +0000 https://dataconomy.ru/?p=58437 OpenAI’s official press account on X (formerly Twitter) was compromised by cryptocurrency scammers who used the account to promote a fake blockchain token named “$OPENAI.” The hack is the most recent in a string of attacks on the company’s executives’ social media accounts, stirring up important worries about the protection of high-profile profiles. Last Monday […]]]>

OpenAI’s official press account on X (formerly Twitter) was compromised by cryptocurrency scammers who used the account to promote a fake blockchain token named “$OPENAI.” The hack is the most recent in a string of attacks on the company’s executives’ social media accounts, stirring up important worries about the protection of high-profile profiles.

Last Monday afternoon, the breach happened as the @OpenAINewsroom account, just established by OpenAI to announce and discuss product and policy developments, released a report about the hypothetical $OPENAI token. The statement noted that this token was supposed to connect AI and blockchain technology, drawing in users of OpenAI to participate in the first issuance of the token. Besides, the piece dishonestly claimed that holding $OPENAI would admit one to upcoming beta opportunities.

OpenAI’s X account compromised—Beware of the $OPENAI scamThe post directed users to a phishing site disguised as a legitimate OpenAI webpage, but with a conspicuously incorrect URL, “token-openai.com.” The site featured a prominent “CLAIM $OPENAI” button, encouraging visitors to connect their cryptocurrency wallets—a step likely intended to steal users’ login credentials and drain their crypto assets. Furthering the fraudulent act, the hackers silenced comments on the deceitful X post, making it harder to realize that the account had been compromised.

And the funny thing is, the $OPENAI token does NOT exist. But this isn’t the first time scammers have aimed their sights at accounts linked to OpenAI. In June of 2023, OpenAI’s Chief Technology Officer, Mira Murati, also faced a similar account takeover on X, which was leveraged to endorse the very same fictitious $OPENAI token. Just a short time later, the accounts of Jakub Pachocki, OpenAI’s chief scientist, and researcher Jason Wei were hacked and used for almost identical scams. These incidents are part of a rising trend in which X accounts of tech companies and celebrities experience hacks used to advance crypto scams, often leading to significant financial losses for clueless users.

OpenAI’s X account compromised—Beware of the $OPENAI scam
The link in the post, now deleted, when clicked took you to a crypto wallet choice.

OpenAI confirmed the hack and has started an investigation. The fraudulent posts were displayed for about an hour and then deleted; the account is now back to normal. Still, the phishing site included in the posts poses a danger to users who accessed the link before the posts were deactivated.

The disturbing uptick in cryptocurrency scams on social media platforms, including X, is a significant problem. The FBI report from 2023 indicates that cryptocurrency scams amounted to $5.6 billion in the US, marking a 45% hike from the earlier year. In the first half of 2024, the FTC confirmed a remarkable rise in scams, recording over 50,000 cases and yielding nearly $2.5 billion losses.

The design surrounding the $OPENAI token signifies how these frauds proceed. Criminous actors can acquire control of a valid account with a substantial following and urge it to endorse a counterfeit cryptocurrency or reward. Then, users are directed to a harmful link. Engaging with the provided link will generally drain all of the victim’s cryptocurrency wallet.

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Web-based Large Action Model (LAM) arrives on Rabbit R1: Will it deliver? https://dataconomy.ru/2024/09/24/web-based-large-action-model-lam-arrives-on-rabbit-r1-will-it-deliver/ Tue, 24 Sep 2024 13:38:40 +0000 https://dataconomy.ru/?p=58429 Rabbit, the business that gained recognition this year with its R1 gadget, is back with a vital upgrade. As of October 1, the business is introducing a web-based Large Action Model (LAM) to increase the capacities of the R1 by a noteworthy degree. With the R1’s popularity diminishing due to not meeting expectations, this news […]]]>

Rabbit, the business that gained recognition this year with its R1 gadget, is back with a vital upgrade. As of October 1, the business is introducing a web-based Large Action Model (LAM) to increase the capacities of the R1 by a noteworthy degree. With the R1’s popularity diminishing due to not meeting expectations, this news could either revitalize interest in the device or strengthen the opposition. When Rabbit reveals their new feature, there comes the major question of whether or not they will fulfill their hopes of success.

Earlier this year, the Rabbit R1 device gained attention throughout the world, because it promised to be a major AI helper or even a “smartphone killer”. Unfortunately, the enthusiasm quickly faded as users recognized the limited capabilities of the device and the below-average AI integration present.

Since its launch, the R1 has experienced 16 updates, yet it still communicates with a constrained set of services, which has led to widespread dissatisfaction among early supporters. The journey of the R1 has been a challenging one, but Rabbit is not giving up on its mission to deliver a truly revolutionary device.

Web-based Large Action Model (LAM) arrives on Rabbit R1: Will it deliver?Now, Rabbit is making an ambitious move to deliver on its original promises, through the introduction of a Large Action Model (LAM) due for release on October 1. This innovative AI-driven capability is designed to transform the R1 into a versatile tool capable of handling a wide range of tasks across various websites. Jesse Lyu of Rabbit has indicated that the web-based LAM will enable the R1 to engage in activities such as buying tickets, registering domains, and even playing internet games, all through interactions with web interfaces directly. This promising development could be the key to revitalizing the R1’s potential.

AI learning through UI and UX (Credit: Rabbit)
AI learning through UI and UX (Credit: Rabbit)

Nevertheless, what defines a Large Action Model? A Large Access Model (LAM) improves on the framework of a Large Language Model (LLM), such as GPT-4 from OpenAI, by permitting it to take action based on what users input. Even though LLMs are excellent at understanding and producing text, they cannot act. LAMs serve this gap by interpreting user instructions, reviewing multiple data sources, and running intricate tasks such as exploring websites, filling forms, or working with software interfaces. This adjustment from passive language processing to active task execution is a notable progress in AI.

Rabbit’s web-based LAM aims to make the R1 more engaging and practical. In a recent demonstration, Lyu displayed the R1’s ability to secure a domain name for a film festival, using it to search for available options, choose one, and finish the purchase—all done automatically without human involvement. The demo emphasized the potential for LAMs to carry out procedures that ordinarily demand several steps and user input.

Web-based Large Action Model (LAM) arrives on Rabbit R1: Will it deliver?

Yet, the update faces various obstacles. Acknowledging current realities, Lyu noted that effective, prompt engineering is still necessary for the R1 to produce correct outcomes. When prompted by the user to buy an R1 device online, the AI agent first went to eBay instead of the official website, indicating that the model is still developing strategies to optimize its responses based on user preferences.

Despite the criticism, Rabbit remains steadfast in its mission to create a cross-platform artificial intelligence agent that can work without being tied to specific apps or devices. According to Lyu, the R1’s unique selling point lies in its capability to engage with multiple digital environments, which could set it apart from other AI-driven devices on the market. This potential for the R1 to be a game-changer in AI technology is something to be excited about.

In the lead-up to the October 1 update, Rabbit hopes that the web-based LAM will tackle many of the challenges that have plagued the R1 since its debut. The success of this update in re-engaging people with the device remains uncertain, or it may be regarded as an opportunity lost. For now, the tech sector is keeping a close eye on Rabbit as it tries to realize its ambitious goals.

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Small websites fight back: Cloudflare’s new tools against AI content scraping https://dataconomy.ru/2024/09/24/small-websites-fight-back-cloudflares-new-tools-against-ai-content-scraping/ Tue, 24 Sep 2024 13:18:46 +0000 https://dataconomy.ru/?p=58424 In a significant move, Cloudflare has announced a new bundle of tools for online publishers. These tools are created to provide website owners with control over applying AI models to their content. The company intends to level the playing field for smaller publishers that commonly have their content taken without consent or pay in the […]]]>

In a significant move, Cloudflare has announced a new bundle of tools for online publishers. These tools are created to provide website owners with control over applying AI models to their content. The company intends to level the playing field for smaller publishers that commonly have their content taken without consent or pay in the form of AI-based scraping.

New tools have been introduced that empower users to observe the actions of AI bots, which could lead to monetizing content access in a future marketplace. This endeavor represents a significant instant when digital content creators can achieve security and gain benefits from their efforts in artificial intelligence.

The service delivers comprehensive analytics, revealing the periods and frequency of AI bots accessing websites. It also allows website owners to exclude or include specific bots with a simple click.

The move has been adopted in response to rising concerns about how AI models affect smaller publishers. As rivals in the AI industry, such as OpenAI, Microsoft, and Meta, consistently mine the web for content to improve large language models (LLMs), many small websites contribute significant data but fail to gain traffic or revenue. This has raised the fear that the business models of smaller publishers might collapse should users choose AI-driven tools like ChatGPT over original website visits.

Matthew Prince, who heads Cloudflare, emphasized the critical nature of fair payments to content creators. “If you don’t compensate creators one way or another, then they stop creating, and that’s the bit that has to get solved,” Prince told TechCrunch. This declaration stresses the firm’s mission of forming a more equitable digital ecosystem where content creators can have input on how their work is used.

Screenshot from Cloudflare's AI Audit tool
Screenshot from Cloudflare’s AI Audit tool

In furtherance of AI Audit, Cloudflare plans to launch a marketplace next year, permitting website owners to sell their content to providers of AI models. This platform will help smaller publishers negotiate agreements similar to those major players like Reddit and Condé Nast have already finalized. The exact details of the marketplace are still being finalized. However, the concept is clear: Content creators can charge AI bots for scraping their sites by introducing a fee or by requesting proper attribution.

The initiative addresses a key challenge in the AI era: making sure small publishers can endure and succeed despite the growth of generative AI. “We believe we can provide the tools and set the standards to give websites, publishers, and content creators control and fair compensation for their contribution to the Internet while enabling AI model providers to innovate,” Prince said in a company blog post.

The actions of Cloudflare are opportune for escalating worries about content scraping driven by artificial intelligence technologies. A few months ago, publishers like The New York Times and CNN banned the OpenAI’s GPTBot from gathering information from their sites. Some have reported that intense data scraping has triggered a rise in service costs and decreased site performance, emphasizing the need for better controls. Cloudflare is meeting urgent issues for content creators through these new tools, reshaping the long-term interplay between AI and content creation. To promote a lasting digital ecosystem, maintaining a just balance between technology development and fair wages for creators is critical as AI advances.

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Is MoneyGram down? https://dataconomy.ru/2024/09/23/is-moneygram-down-2024/ Mon, 23 Sep 2024 09:16:08 +0000 https://dataconomy.ru/?p=58343 As of today, many users are still asking, “Is MoneyGram down?” and, unfortunately, the answer is yes. Vincentians, along with users across various regions, have been unable to use MoneyGram services since yesterday. This network outage has impacted MoneyGram systems globally, leaving customers frustrated and without access to essential money transfer services. MoneyGram update today: […]]]>

As of today, many users are still asking, “Is MoneyGram down?” and, unfortunately, the answer is yes.

Vincentians, along with users across various regions, have been unable to use MoneyGram services since yesterday.

This network outage has impacted MoneyGram systems globally, leaving customers frustrated and without access to essential money transfer services.


MoneyGram update today: Is it still down?

As of September 25, many users continue to report that MoneyGram’s service remains unavailable. Complaints on social media and forums reflect a widespread outage, with users expressing frustration over delays, missing transactions, and an overall lack of communication from the company. According to recent posts on DownDetector, the issue appears to have been ongoing for several days, affecting users both trying to send and receive funds.

Based on the data from DownDetector, the number of reports peaked on the 23rd and 24th of September, with numerous users indicating they were unable to access their accounts or complete transactions. MoneyGram has yet to provide a clear resolution timeline, leaving many customers to seek alternative solutions for their money transfers, such as Western Union or direct bank transfers.


Is MoneyGram down?

On September 21, MoneyGram confirmed the issue through their Twitter account, stating that they are facing a significant network outage impacting their systems.

The company posted, apologizing for the inconvenience caused to its users globally. Despite these acknowledgments, the company has yet to offer a specific timeline for when the system will be back online, leaving customers frustrated and wondering when the service will return.

MoneyGram Down: What’s happening?

For those asking “Is MoneyGram down?” the service outage is affecting both in-person transactions at MoneyGram agent locations and online transfers. Vincentians have been especially hard-hit, reporting that MoneyGram services remain down across all district outlets, including the Kingstown Post Office. Local businesses like Massy Stores have also confirmed that the service is currently unavailable at their locations, affecting countless people who rely on the platform for sending or receiving funds.

In neighboring regions like St. Lucia and Barbados, MoneyGram agents such as Going Places Travel have also reported service disruptions. On their official Facebook page, the company posted a message warning customers that “MoneyGram is temporarily out of service” and that they were unable to provide an estimated time of restoration. They urged customers to keep an eye on social media for updates.

Website and user reports indicate major problems

MoneyGram’s official website, another crucial resource for users, has been down since around noon on September 21, displaying a message stating,

“We’re busy updating the website. Please check back soon.”

This only adds to the confusion and frustration of customers who rely on online access to track their transactions or initiate new transfers.

According to Downdetector, a platform that monitors the status of various services, reports of the MoneyGram outage have skyrocketed since September 20. Many users have shared their concerns about the disruption, with some pointing out that their funds are currently stuck in limbo.

MoneyGram down
The MoneyGram outage began on September 20, leaving customers without access to MoneyGram services (Image credit)

A user posted, “They need to fix this fast; MoneyGram is the only way I can send money after being blocked by Western Union.” Another frustrated user, went as far as to speculate whether the company is on the verge of collapse due to the lack of updates from MoneyGram down status, stating, “Three days and still no meaningful communication to users. It’s starting to look like they’ve done a runner with our money.”

Common issues reported when MoneyGram down

When Moneygram is down, users typically experience the following issues:

  1. Failed transactions: Moneygram customers often report that their money transfers fail to go through, or they receive error messages when trying to send or receive money.
  2. Inaccessibility of the website/app: Users may find that the Moneygram website or mobile app won’t load, freezes, or crashes entirely.
  3. Delayed payments: If Moneygram is down during the transfer process, there can be significant delays in receiving funds, leading to frustration for both the sender and recipient.
  4. Customer support delays: When Moneygram is down, the surge in customer inquiries may overload support services, resulting in long wait times or automated responses.

What is being done to fix MoneyGram outage?

Despite these widespread concerns, MoneyGram has not yet provided a detailed explanation regarding the cause of the issue or a timeline for fixing it. Their official communication has largely been limited to reassuring users that they are investigating the problem, but this has not been enough to calm the growing frustration among users, many of whom are anxiously waiting for funds to be sent or received.

So, if you are wondering “Is MoneyGram down?” it’s clear that the service has been experiencing significant outages with no clear end in sight. Various MoneyGram agents, including local post offices and private retailers, have posted apologies but remain unable to provide specific information about when the systems will be operational again.

MoneyGram down
Users have experienced failed transactions, website inaccessibility, and delays in receiving funds (Image credit)

When will MoneyGram be back up?

Unfortunately, MoneyGram has not yet announced an exact timeline for when its services will be back online. The company has acknowledged the issue but has only provided vague updates, leaving users in the dark about when they can expect the outage to end. For now, customers are advised to monitor MoneyGram’s official social media channels for any updates and to explore alternative money transfer services such as Western Union or online platforms until the issue is resolved.

Similar to what happened in the NAB internet banking outage, the ongoing outage raises questions about the reliability of MoneyGram’s infrastructure and whether or not the company has adequately communicated the gravity of the situation to its users. As of now, there is no clear answer to the question, “When will MoneyGram be back up?”

Was MoneyGram hacked?

MoneyGram recently identified a cybersecurity issue affecting certain of its systems. Upon detection, the company immediately launched an investigation and took protective measures, including proactively taking some systems offline, which impacted network connectivity.

They are working with leading external cybersecurity experts and coordinating with law enforcement. MoneyGram acknowledges the importance and urgency of this matter for its customers and partners, and they are diligently working to restore their systems and resume normal business operations, as stated in a post on X.


Featured image credit: Emre Çıtak/Ideogram AI

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Google walks free from €1.5 million legal battle https://dataconomy.ru/2024/09/18/google-walks-free-from-e1-5-million-legal-battle/ Wed, 18 Sep 2024 09:52:20 +0000 https://dataconomy.ru/?p=58200 Google has scored a major victory in its long-running battle with the European Union, overturning a €1.5 billion antitrust fine imposed by the EU’s General Court. This ruling marks a rare defeat for Margrethe Vestager, the EU’s competition commissioner, who has previously succeeded in taking on Big Tech firms. The court’s decision stems from Google’s […]]]>

Google has scored a major victory in its long-running battle with the European Union, overturning a €1.5 billion antitrust fine imposed by the EU’s General Court. This ruling marks a rare defeat for Margrethe Vestager, the EU’s competition commissioner, who has previously succeeded in taking on Big Tech firms. The court’s decision stems from Google’s appeal against the 2019 fine, which was based on allegations that the company’s AdSense for Search contracts unfairly restricted publishers from displaying rival ads on their websites.

In its ruling, the General Court stated that the European Commission had made “errors in its assessment” regarding the scope and duration of Google’s contracts with publishers. Essentially, the court argued that the EU investigators had failed to prove that Google’s contract clauses constituted an abuse of the company’s dominant market position. The judges also rejected claims that Google’s practices had harmed consumers or deterred innovation in online advertising.

The ruling emphasized that the European Commission had not demonstrated that the contract clauses in question had effectively strengthened Google’s hold over the national markets for online search advertising. This is significant because it weakens the core argument that Google’s contracts were anti-competitive. According to the tribunal, the Commission couldn’t provide enough evidence to support the claim that Google’s advertising contracts were harmful to competitors or consumers.


EU cracks a whip on big tech: Apple, Meta, and Google face DMA probes


A rare win for Google

This decision stands out as one of Google’s few successful appeals in its ongoing legal struggles with the EU. Earlier this month, the company failed to overturn a €2.4 billion fine related to its shopping search practices. Moreover, Google is still challenging a €4.3 billion penalty—its largest fine to date—regarding its Android mobile phone software. These cases underscore the aggressive stance the EU has taken against Big Tech, particularly Google, in recent years.

However, this latest victory doesn’t mean Google is out of the woods just yet. The European Commission is in the final stages of another investigation into Google’s advertising technology, with regulators even suggesting a potential breakup of the company’s services. The Commission has repeatedly targeted Google’s dominance in digital advertising, arguing that the company unfairly restricts competition through its business practices.

Google walks free from €1.5 million legal battle
lthough this ruling gives Google some breathing room, the company is still under intense scrutiny from European regulators (Image credit)

Although this ruling gives Google some breathing room, the company is still under intense scrutiny from European regulators. Beyond its ongoing battles over fines, Google is also facing two investigations related to the Digital Markets Act (DMA), a new EU law designed to curb the power of major tech firms. The DMA forces companies like Google to open their platforms to rivals and ensure that they are not favoring their own services over competitors’.

In the context of this ruling, it’s clear that Google’s legal battles with the EU are far from over. The search giant’s victory in overturning this particular fine doesn’t erase the fact that it remains a primary target in the EU’s broader campaign to regulate Big Tech. Google’s ongoing legal challenges, combined with the looming threat of future fines and investigations, suggest that the company will continue to face significant hurdles in Europe.


Featured image credit: Mitchell Luo/Unsplash

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Amazon employees must now work in-office full time https://dataconomy.ru/2024/09/17/amazon-employees-must-now-work-in-office-full-time/ Tue, 17 Sep 2024 12:27:39 +0000 https://dataconomy.ru/?p=58173 Amazon is set to return to a full five-day workweek in the office starting January 2, 2025, marking a significant shift back to pre-pandemic norms. In a memo sent to employees, CEO Andy Jassy made it clear that the company is moving away from the hybrid model that allowed staff to work from home two […]]]>

Amazon is set to return to a full five-day workweek in the office starting January 2, 2025, marking a significant shift back to pre-pandemic norms. In a memo sent to employees, CEO Andy Jassy made it clear that the company is moving away from the hybrid model that allowed staff to work from home two days a week since May 2023.

We’ve decided that we’re going to return to being in the office the way we were before the onset of COVID,” Jassy wrote. For a company like Amazon, this decision is about solidifying a belief in the power of in-person collaboration.

“If anything, the last 15 months we’ve been back in the office at least three days a week has strengthened our conviction about the benefits,” Jassy added. His message suggests that Amazon leadership has been observing and evaluating the effects of its hybrid model and has concluded that the benefits of being physically present in the office outweigh the flexibility of remote work.

The case for in-office work

Jassy’s memo implies that the company has gathered enough data over the past 15 months to reaffirm its commitment to in-office collaboration. While many companies have embraced hybrid or fully remote work models since the pandemic, Amazon is heading in a different direction. For them, the office environment is better communication, collaboration, and productivity—key factors for maintaining Amazon’s operational efficiency and innovation-driven culture.

This decision aligns with a growing trend among large companies to reverse course on remote work. While many employees have embraced the flexibility and work-life balance that comes with remote setups, companies like Amazon are emphasizing the long-term benefits of office culture.

Amazon employees must now work in-office full time
This decision aligns with a growing trend among large companies to reverse course on remote work (Image credit)

However, Jassy did acknowledge that certain circumstances would still allow for some flexibility. Employees will have the leeway to work from home in the case of emergencies, such as caring for a sick child. And employees with an approved exception will be able to remain remote, although Jassy makes it clear that remote work won’t be the norm. “Before the pandemic, it was not a given that folks could work remotely two days a week, and that will also be true moving forward,” he noted, suggesting that Amazon is returning to its original expectations regarding where and how work gets done.


The hyperconnectivity era: Why should organizations adopt network as a service model?


Cutting off managers

By the end of Q1 2025, Amazon plans to increase the ratio of individual contributors to managers by at least 15 percent. This means the company intends to have fewer managers overseeing a larger number of employees, which Jassy suggests will lead to a more efficient and less hierarchical organization. “Having fewer managers will remove layers and flatten organizations more than they are today,” he explained.

The mention of this restructuring effort raises some important questions. While Jassy didn’t directly mention layoffs, his language suggests that some employees, particularly managers, may be impacted by these changes. “We will do this thoughtfully,” Jassy reassured, though the exact details of how this change will be implemented remain unclear.

This flattening of the managerial structure also signals a broader trend in corporate America where companies are reevaluating the need for multiple layers of management. For Amazon, this could mean a renewed focus on empowering individual employees, giving them more responsibility, and allowing teams to operate with greater autonomy.


Featured image credit: Amazon

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Zuckerberg is done with apologizing for his actions https://dataconomy.ru/2024/09/12/zuckerberg-is-done-with-apologizing-for-his-actions/ Thu, 12 Sep 2024 15:29:26 +0000 https://dataconomy.ru/?p=58042 On Tuesday evening, the Chase Center in San Francisco was abuzz with excitement, not for a Golden State Warriors game, but for Meta CEO Mark Zuckerberg’s appearance on the Acquired podcast. Thousands of fans gathered to see one of Silicon Valley’s most famous figures sit down with podcast hosts David Rosenthal and Ben Gilbert. Zuckerberg’s […]]]>

On Tuesday evening, the Chase Center in San Francisco was abuzz with excitement, not for a Golden State Warriors game, but for Meta CEO Mark Zuckerberg’s appearance on the Acquired podcast.

Thousands of fans gathered to see one of Silicon Valley’s most famous figures sit down with podcast hosts David Rosenthal and Ben Gilbert. Zuckerberg’s presence alone was enough to fill the arena, underscoring his status as a key player in the tech world, even as Meta navigates a changing landscape.

Zuckerberg set the tone early with a tongue-in-cheek remark about no longer needing to apologize for past mistakes, a subtle jab at Nvidia CEO Jensen Huang, who had made an apology on the same podcast earlier this year.

No more apologies

The quip seemed to reflect Zuckerberg’s new attitude toward life and leadership. After years of navigating Facebook’s controversies—most notably the platform’s role in the 2016 U.S. presidential election—Zuckerberg appeared more relaxed, even defiant.

Zuckerberg is done with apologizing for his actions
Zuckerberg reflected on Facebook’s past controversies, particularly its role in the 2016 U.S. presidential election (Image credit)

He reflected on his biggest mistake as a “20-year political miscalculation,” implying that he had taken too much responsibility for issues that were beyond Facebook’s control.

Reflecting on Facebook’s role in the 2016 election

Zuckerberg’s comments seemed to address the criticism Facebook faced after Donald Trump’s 2016 victory. The platform became a focal point for accusations of misinformation, data misuse, and foreign interference, much of it centering around Cambridge Analytica’s use of Facebook data to influence voters.

Zuckerberg didn’t delve into specifics but made it clear that he believes the company was unfairly blamed for broader political issues, particularly when some critics were simply:

“Looking for someone to blame”

In recent months, Zuckerberg has taken a more assertive stance on Meta’s role in managing content on its platforms. In August, he sent a letter to House Republicans, effectively apologizing for bending to government pressure during the COVID-19 pandemic to censor misinformation.

He expressed regret for not being more vocal in defending Meta’s independence at the time and promised to “push back” more aggressively in the future. He has also restored Donald Trump’s social media accounts on Facebook and Instagram, which were restricted following the January 6 insurrection.

Zuckerberg is done with apologizing for his actions
When asked if he regretted renaming Facebook as Meta, Zuckerberg confidently responded, “Meta is a good name” (Image credit)

Shifting the focus to new technologies

While Zuckerberg remains at the helm of one of the world’s largest social media companies, his excitement now seems to be focused on projects outside of traditional social media. During the interview, he emphasized Meta’s commitment to creating “awesome” products, such as AR glasses, VR headsets, and open-source AI initiatives.

When asked whether he regretted rebranding Facebook as Meta, a move that signaled the company’s pivot toward the metaverse, Zuckerberg responded simply:

“Meta is a good name”

Despite his focus on new technologies, Zuckerberg acknowledged that Meta’s social media platforms remain central to its business, with billions of users still active daily. Content moderation challenges persist, and the CEO will continue to face tough decisions as the company evolves.


Featured image credit: Annie Spratt/Unsplash

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Is Google deleting Gmail accounts? Yes, and here’s how to avoid the purge https://dataconomy.ru/2024/09/12/is-google-deleting-gmail-accounts-how-to/ Thu, 12 Sep 2024 08:57:21 +0000 https://dataconomy.ru/?p=58011 Is Google deleting Gmail accounts for real? Google, with its 1.8 billion Gmail users, is making a big change to manage its massive number of accounts. If your Gmail account has been gathering dust for a while, it might be at risk of disappearing. This shift is part of Google’s strategy to tackle two major […]]]>

Is Google deleting Gmail accounts for real? Google, with its 1.8 billion Gmail users, is making a big change to manage its massive number of accounts. If your Gmail account has been gathering dust for a while, it might be at risk of disappearing. This shift is part of Google’s strategy to tackle two major issues: security and storage. Inactive accounts can be more vulnerable to cyberattacks, and they also consume precious storage space that could be used more effectively. So, what should you do to keep your Gmail account safe from being delhttps://dataconomy.ru/2022/12/06/enterprise-cloud-storage-types-advantages/eted? Let’s explore.

Why is Google deleting Gmail accounts?

Google dominates the email market, with over 1.8 billion Gmail users globally. However, managing that many accounts comes with challenges—security being one of the biggest.

Inactive accounts are more vulnerable to cyberattacks because they often lack updated security measures like Two-Factor Authentication (2FA). Google found that abandoned accounts are significantly more likely to be compromised, which poses a risk to the account holder and others through phishing scams or spam. By removing inactive accounts, Google reduces the chances of these older, less secure accounts being exploited by hackers.

Managing billions of accounts also requires a significant amount of storage. Inactive accounts consume valuable resources, especially those with unused data in Gmail, Google Drive, or Google Photos. By clearing out dormant accounts, Google can free up storage space and improve overall system performance, allowing them to focus on active users and services.

Why is Google deleting Gmail accounts? It’s all about security and storage. Learn how to keep your account safe and avoid deletion
In light of Google deleting Gmail accounts, many people are revisiting their account activity to ensure they remain unaffected (Credit)

How to keep your Gmail safe?

To avoid having your Gmail account deleted in Google’s upcoming purge of inactive accounts, follow these simple steps to ensure your account remains active:

  • Send an email: Simply logging into your account isn’t enough. To keep your Gmail account safe, you need to send an email from it. This counts as activity and signals to Google that your account is in use.
  • Watch a YouTube video: While signed in to your Google account, watch a video on YouTube. Interacting with Google services, including YouTube, counts as activity and will protect your account from deletion.
  • Use Google Search: Perform a Google search while signed in to your account. It’s one of the easiest ways to ensure your account stays active, as any search counts as user engagement.
  • Share a photo or use Google Drive: Use Google Photos or Google Drive to upload or share files. These actions are also considered account activity and will keep your account active.
  • Run a Google Security Check-Up: It’s a good idea to run a Google Account Security Check-Up. This ensures your account is secure and helps prevent it from being flagged as inactive in the future.

Perform any of these actions at least once every two years, and your Gmail account will be safe from deletion.

Exceptions

If your account is tied to a financial transaction, such as purchasing a book, app, or Google subscription, your account will remain safe. Accounts managed under Google’s Family Link service are also excluded from this policy. Additionally, business and educational accounts are unaffected.


Featured image credit: Eray Eliaçık/Bing

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Ireland’s special treatment triggers Apple’s €13 billion historic tax fine https://dataconomy.ru/2024/09/12/ireland-apple-e13-billion-tax-fine-eu/ Thu, 12 Sep 2024 08:34:31 +0000 https://dataconomy.ru/?p=58002 Apple’s €13 billion ($14.4 billion) tax fine is one of the largest and most significant cases in European Union (EU) tax law history. The fine was imposed by the European Commission (EC) in 2016, which accused Apple of receiving illegal tax benefits from Ireland, allowing the company to pay a dramatically reduced tax rate for […]]]>

Apple’s €13 billion ($14.4 billion) tax fine is one of the largest and most significant cases in European Union (EU) tax law history. The fine was imposed by the European Commission (EC) in 2016, which accused Apple of receiving illegal tax benefits from Ireland, allowing the company to pay a dramatically reduced tax rate for nearly two decades. This ruling has had major implications for EU tax policy, corporate governance, and competition law. But first, let’s understand how it all began.

Road to Apple’s €13 billion historic fine: The unusual tax arrangement in Ireland

The issue started with Apple’s European operations. For many years, Apple ran its European business through two Irish subsidiaries, Apple Sales International (ASI) and Apple Operations Europe. These companies handled sales for Apple products across Europe, but despite huge profits, Apple was paying an incredibly low tax rate in Ireland—sometimes as low as 0.005%.

This was possible because Apple had an unusual tax arrangement with Ireland. Apple set up a “head office” in Ireland that existed only on paper, meaning it had no staff or physical presence. Most of Apple’s European profits were assigned to this head office, which allowed the company to avoid paying taxes on those profits in Ireland or anywhere else.

Ireland’s special treatment triggers Apple’s €13 billion historic tax fine
(Credit)

The European Commission’s investigation

In 2014, the European Commission (EC) began looking into this tax setup. They found that Ireland had given Apple an unfair advantage by allowing it to pay such low taxes. The EC called this an “illegal state aid,” which means a country giving a company special treatment that other businesses don’t get. This breaks the European Union’s (EU) rules, which are designed to prevent unfair competition.

In 2016, the EC ordered Apple to pay back €13 billion in taxes to Ireland. They said this was the amount Apple should have paid from 2003 to 2014 if it hadn’t received special treatment.

In 2020, a lower EU court sided with Apple and Ireland, ruling that the European Commission had not proven that Apple received an illegal tax advantage. This was a big win for Apple, and the fine was put on hold.

However, in 2023, the European Court of Justice (ECJ), the highest court in the EU, overturned that lower court ruling. The ECJ ruled that Apple did, in fact, receive illegal tax benefits from Ireland and must pay the €13 billion in back taxes.

The court now confirmed that Apple’s arrangement with Ireland gave it an unfair advantage over other companies, violating the EU’s rules on state aid. This means Apple must now repay the full amount, even though it had hoped the previous ruling would stand.

EU competition chief Margrethe Vestager said Apple had paid much less tax than other companies for years, giving them an unfair advantage over competitors in Europe, and said, “Today is a big win for European citizens.”

Apple and Ireland fight back

Apple disagreed with the EC’s decision and appealed the ruling. Apple argued that it had followed the laws in every country where it operates and that it had paid all the taxes it legally owed. Apple claimed that the case wasn’t about how much tax they owed, but which country had the right to collect those taxes. They argued that most of their profits came from intellectual property developed in the U.S., not Ireland, so the U.S. should tax those profits.

Ireland also appealed the decision. The Irish government argued that it did not offer Apple any special treatment and that the European Commission was interfering with their right to set their own tax policies. Ireland has long been known for its low corporate taxes, which attract many multinational companies, so the government was worried about losing its reputation as a business-friendly country.

Why Apple’s €13 billion fine matters

  • Huge scale: The €13 billion fine is one of the largest ever in a tax case. It shows that the European Commission is serious about making sure big companies pay their fair share of taxes.
  • Impact on Ireland’s Tax Policies: The case puts Ireland’s tax policies under the spotlight. Ireland’s low tax rates have attracted many multinational companies, but this ruling suggests that the EU won’t tolerate deals that give companies like Apple special benefits.
  • Tech companies under scrutiny: Apple’s case is part of a larger movement in Europe to crack down on big tech companies. Other companies, like Google and Amazon, have also faced investigations into their tax practices. This ruling shows that the EU is ready to take strong action against companies that it believes are avoiding taxes.
  • Setting a precedent: The decision could lead to similar rulings for other companies that have benefited from low-tax regimes in the EU. It sets a legal precedent that will make it harder for countries to offer special tax deals to big corporations.

Apple’s response

Apple expressed its disappointment with the latest ruling. The company insists that it has always paid all the taxes it owes. Apple also says that it has never had any special deal with Ireland and argues that this case is really about which country should tax its profits, not whether it owes taxes.

“This case has never been about how much tax we pay, but which government we are required to pay it to. We always pay all the taxes we owe wherever we operate and there has never been a special deal.”

-Apple said in a statement after the ruling

What’s next for Ireland?

Ireland also downplayed the importance of the ruling. The Irish government repeated that it didn’t give any company special treatment and said that the issues in this case are “of historical relevance” only, meaning that it doesn’t think this will affect its current tax policies or future investment in the country.


Featured image credit: Eray Eliaçık/Bing

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Get ready for Microsoft Ignite 2024: Registration now open https://dataconomy.ru/2024/09/11/microsoft-ignite-2024/ Wed, 11 Sep 2024 11:00:16 +0000 https://dataconomy.ru/?p=57973 Microsoft Ignite 2024 is shaping up to be a landmark event in the tech world, set to take place from November 18-22 at the McCormick Place West Building in Chicago. This annual IT and developer conference is known for bringing together industry leaders, tech professionals, and innovators, including CEO Satya Nadella, to explore the latest […]]]>

Microsoft Ignite 2024 is shaping up to be a landmark event in the tech world, set to take place from November 18-22 at the McCormick Place West Building in Chicago. This annual IT and developer conference is known for bringing together industry leaders, tech professionals, and innovators, including CEO Satya Nadella, to explore the latest technological advancements, with a special focus on artificial intelligence (AI) this year.

Why to attend Microsoft Ignite 2024?

Microsoft Ignite is designed for a diverse audience including customers, partners, and IT professionals. The event is a golden opportunity to gain insights into Microsoft’s latest technology, particularly in AI, and to engage with key decision-makers and influencers in the tech industry. Here is what we expect from the event:

  • Focus on AI and innovation: This year’s event will place a strong emphasis on AI, reflecting Microsoft’s commitment to integrating advanced AI solutions across its platforms. Attendees can expect sessions that delve into how AI can drive business transformation and innovation.
  • Expanded content and sessions: Microsoft has promised a broader range of sessions compared to previous years. This means more opportunities for learning and interaction with Microsoft’s technology and products. Expect detailed presentations, hands-on labs, and interactive discussions covering various aspects of Microsoft’s technology stack.
  • Integration with inspire: In a notable shift, Microsoft Ignite 2024 will integrate the content of the now-discontinued Inspire partner event. This integration aims to provide attendees with comprehensive insights into partner benefits, product enhancements, and business growth opportunities. It’s a chance to connect with Microsoft leaders, partners, and potential customers all in one venue.
  • Networking opportunities: Ignite is not just about learning; it’s also about connecting. The event is a hub for networking with peers, industry leaders, and potential collaborators. Special networking sessions and events will facilitate valuable connections that can lead to new business opportunities.
Microsoft Ignite 2024
Credit: Microsoft
  • Keynote addresses: High-profile speakers, including Microsoft CEO Satya Nadella, will deliver keynote addresses. These sessions will offer insights into Microsoft’s vision and strategic direction, along with the latest trends and innovations in the tech world.
  • Expo floor: The Expo floor, accessible with the Expo Pass, will feature various booths and demonstrations from Microsoft and its partners. It’s an excellent opportunity to interact with the latest technologies and solutions in a more hands-on environment.

“Microsoft Ignite is for customers, partners, and tech professionals looking to learn more about Microsoft technology, focusing on the integration of innovative AI solutions. Additionally, it provides a space for attendees to make valuable connections that can create new business opportunities.”

-Microsoft in a blog post

Given the high demand for tickets, early registration is highly recommended. Last year’s event sold out weeks in advance, and with the expanded content and integrated programming for 2024, it’s expected to be equally popular.

Event overview

Dates and venue:

  • Event Dates: November 18-22, 2024
  • Venue: McCormick Place West Building, Chicago

Registration:

  • Technical and Partner Business Pass: $2,225 (covers Nov 19-22)
  • Early Bird Add-On: $325 (for sessions on November 18)
  • Premium Pass: $525 (includes special hotel room blocks and priority seating)
  • Expo Pass: $1,525 (for access to the Expo floor from Nov 19-21)

You can click here to start the registration process.

Microsoft Ignite 2024 promises to be an essential event for anyone involved in the tech industry. Whether you’re interested in AI, eager to network, or looking to explore Microsoft’s latest innovations, this conference offers something for everyone. Secure your passes now and prepare to be part of a transformative experience in the Windy City this November.


Featured image credit: Microsoft

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Google antitrust lawsuit explained in 5 steps https://dataconomy.ru/2024/09/10/google-antitrust-lawsuit-explained/ Tue, 10 Sep 2024 12:09:17 +0000 https://dataconomy.ru/?p=57926 The Google antitrust lawsuit is grabbing headlines as a major legal battle with big implications. This case could reshape how we think about competition and control in the digital advertising world. The U.S. Department of Justice (DOJ) is accusing Google of unfairly dominating the market for online ads, which could impact how ads are bought […]]]>

The Google antitrust lawsuit is grabbing headlines as a major legal battle with big implications. This case could reshape how we think about competition and control in the digital advertising world. The U.S. Department of Justice (DOJ) is accusing Google of unfairly dominating the market for online ads, which could impact how ads are bought and sold. As the trial progresses, it might influence not just Google and the advertising industry but also how tech companies will be regulated in the future.

Google antitrust lawsuit explained: What you need to know

The Google antitrust lawsuit is a significant legal battle concerning allegations that the tech giant has engaged in monopolistic practices in the digital advertising sector.

Background

In January 2023, the U.S. Department of Justice (DOJ) filed a lawsuit against Google, accusing the company of violating antitrust laws. The suit centers around Google’s dominance in the ad-tech industry, which encompasses the technologies and platforms used for buying and selling digital advertisements.

Just recently, the DOJ won a major case against Google and crowned it an “illegal monopoly,” and now it is coming for more.

Google antitrust lawsuit
The Google antitrust lawsuit has become a focal point in the debate over big tech’s influence  (Credit)

Key allegations

  • Market Control: The DOJ alleges that Google has orchestrated a “systematic campaign” to monopolize the digital advertising market. This includes the company’s extensive control over various ad-tech tools that publishers, advertisers, and brokers use to facilitate digital advertising transactions.
  • Anti-Competitive Practices: According to the DOJ, Google’s dominance has enabled it to manipulate the ad-tech market to disadvantage competitors. The company is accused of using its market power to push out rivals and maintain an unfair advantage.
  • Barriers to Entry: The lawsuit argues that Google’s actions have created significant barriers to entry for other companies, stifling competition and innovation in the digital advertising space.

Google’s defense

Google contests these allegations vigorously, arguing that the DOJ’s claims are misguided and could have negative consequences for the industry:

  • Innovation stifling: Google contends that the lawsuit could hinder technological progress. The company argues that its ad-tech tools are effective because they are user-friendly, cost-efficient, and deliver strong performance—factors that drive advertisers and publishers to choose them voluntarily.
  • Market options: Google claims that the market for ad-tech is competitive, with many alternatives available for buyers and sellers. The company insists that its services are chosen based on their merit, not due to any anti-competitive conduct.
  • Impact on small businesses: Google also argues that the DOJ’s proposed remedies could adversely affect small businesses and publishers by raising advertising costs and reducing opportunities for growth.

What’s at stake

One of the DOJ’s key demands is that Google sell off its Ad Manager suite—a comprehensive set of tools for managing digital advertising. This suite was built through various acquisitions, making it deeply integrated into Google’s ad operations. The challenge of untangling and divesting this suite is a major point of contention.

Google antitrust lawsuit
Google antitrust lawsuit explained (Credit)

The outcome of this case could set significant legal precedents for how antitrust laws are applied to digital platforms. It may influence how regulators approach similar cases in the future, potentially reshaping the competitive landscape of the tech industry.

The case also comes in the context of broader scrutiny faced by Google and other tech giants from regulators worldwide. For example, Google is already contending with antitrust investigations and fines in the European Union related to similar issues.

Next steps

The trial is expected to last several weeks, with the final judgment potentially taking additional months. The decision will have far-reaching implications for Google, the digital advertising industry, and antitrust enforcement in the technology sector.


Featured image credit: Eray Eliaçık/Bing

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Hachette v. Internet Archive: If the Archive were an AI tool, would the ruling change? https://dataconomy.ru/2024/09/05/hachette-v-internet-archive-ai/ Thu, 05 Sep 2024 11:11:05 +0000 https://dataconomy.ru/?p=57744 The Internet Archive has lost a significant legal battle after the US Court of Appeals upheld a ruling in Hachette v. Internet Archive, stating that its book digitization and lending practices violated copyright law. The case stemmed from the Archive’s National Emergency Library initiative during the pandemic, which allowed unrestricted digital lending of books, sparking […]]]>

The Internet Archive has lost a significant legal battle after the US Court of Appeals upheld a ruling in Hachette v. Internet Archive, stating that its book digitization and lending practices violated copyright law. The case stemmed from the Archive’s National Emergency Library initiative during the pandemic, which allowed unrestricted digital lending of books, sparking backlash from publishers and authors. The court rejected the Archive’s fair use defense, although it acknowledged its nonprofit status. This ruling strengthens authors’ and publishers’ control over their works. But it immediately reminds me of how AI tools train and use data on the Internet, including books and more. If the nonprofit Internet Archive’s work is not fair use, how do the paid AI tools use this data? 

Despite numerous AI copyright lawsuits, text-based data from news outlets usually doesn’t result in harsh rulings against AI tools, often ending in partnerships with major players.

You might think it’s different and argue that the Internet Archive directly uses books, but even though AI tools rely on all the data they have to generate your essay, you can still get specific excerpts or more detailed responses from them if you use a well-crafted prompt.

Hachette v. Internet Archive: US Court of Appeals rules against Internet Archive's book lending, remind me issues for AI's use of copyrighted data.The Hachette v. Internet Archive case highlights significant concerns about how AI models acquire training data, especially when it involves copyrighted materials like books. AI systems often rely on large datasets, including copyrighted texts, raising similar legal challenges regarding unlicensed use. If courts restrict the digitization and use of copyrighted works without permission, AI companies may need to secure licenses for the texts used in training, adding complexity and potential costs. This could limit access to diverse, high-quality datasets, ultimately affecting AI development and innovation.

Additionally, the case underlines the limitations of the fair use defense in the context of transformative use, which is often central to AI’s justification for using large-scale text data. If courts narrowly view what constitutes fair use, AI developers might face more restrictions on how they access and use copyrighted books. This tension between protecting authors’ rights and maintaining open access to knowledge could have far-reaching consequences for the future of AI training practices and the ethical use of data.

Hachette v. Internet Archive: US Court of Appeals rules against Internet Archive's book lending, remind me issues for AI's use of copyrighted data.Need a deeper dive into the case? Here is everything you need to know about it.

Hachette v. Internet Archive explained

Hachette v. Internet Archive is a significant legal case that centers around copyright law and the limits of the “fair use” doctrine in the context of digital libraries. The case began in 2020, when several large publishing companies—Hachette, HarperCollins, Penguin Random House, and Wiley—sued the Internet Archive, a nonprofit organization dedicated to preserving digital copies of websites, books, and other media.

The case focused on the Archive’s practice of scanning books and lending them out online.

Hachette v. Internet Archive: US Court of Appeals rules against Internet Archive's book lending, remind me issues for AI's use of copyrighted data.The story behind the Internet Archive lawsuit

The Open Library project, run by the Internet Archive, was set up to let people borrow books digitally. Here’s how it worked:

  • The Internet Archive bought physical copies of books.
  • They scanned these books into digital form.
  • People could borrow a digital version, but only one person at a time could check out a book, just like borrowing a physical book from a regular library.

The Internet Archive thought this was legal because they only let one person borrow a book at a time. They called this system Controlled Digital Lending (CDL). The idea was to make digital lending work just like physical library lending.

When the COVID-19 pandemic hit in early 2020, many libraries had to close, making it hard for people to access books. To help, the Internet Archive launched the National Emergency Library (NEL) in March 2020. This program changed things:

  • The NEL allowed multiple people to borrow the same digital copy of a book at the same time. This removed the one-person-at-a-time rule.
  • The goal was to give more people access to books during the pandemic, especially students and researchers who were stuck at home.

While the NEL was meant to be temporary, it upset authors and publishers. They argued that letting many people borrow the same digital copy without permission was like stealing their work.

Publishers’ riot

In June 2020, the big publishers sued the Internet Archive. They claimed:

  • The Internet Archive did not have permission to scan their books or lend them out digitally.
  • By doing this, the Internet Archive was violating their copyright, which gives them the exclusive right to control how their books are copied and shared.
  • The NEL’s approach, which let many people borrow digital copies at once, was especially harmful to their business and was essentially piracy.

Hachette v. Internet Archive: US Court of Appeals rules against Internet Archive's book lending, remind me issues for AI's use of copyrighted data.The publishers argued that the Internet Archive’s actions hurt the market for their books. They said people were getting free digital versions instead of buying ebooks or borrowing from licensed libraries.

Internet Archive’s defense

The Internet Archive defended itself by claiming that its work was protected by fair use. Fair use allows limited use of copyrighted material without permission for purposes like education, research, and commentary. The Archive made these points:

  • They were providing a transformative service by giving readers access to physical books in a new, digital form.
  • They weren’t making a profit from this, as they’re a nonprofit organization with the mission of preserving knowledge and making it accessible.
  • The NEL was a temporary response to the pandemic, and they were trying to help people who couldn’t access books during the crisis.

They also pointed to their Controlled Digital Lending system as a way to respect copyright laws. Under CDL, only one person could borrow a book at a time, just like in a physical library.

The court’s decisions

District Court Ruling (March 2023)

In March 2023, a federal court sided with the publishers. Judge John G. Koeltl ruled that the Internet Archive’s actions were not protected by fair use. He said:

  • The Internet Archive’s digital lending was not transformative because they weren’t adding anything new to the books. They were simply copying them in digital form, which wasn’t enough to qualify for fair use.
  • The court also found that the Archive’s lending hurt the market for both printed and digital versions of the books. By offering free digital copies, the Internet Archive was seen as competing with publishers’ ebook sales.
  • The court concluded that the Archive had created derivative works, which means they made new versions of the books (digital copies) without permission.

Hachette v. Internet Archive: US Court of Appeals rules against Internet Archive's book lending, remind me issues for AI's use of copyrighted data.Appeals Court Ruling (August 2023)

The Internet Archive appealed the decision to a higher court, the US Court of Appeals for the Second Circuit, hoping to overturn the ruling. However, the appeals court also ruled in favor of the publishers but made one important clarification:

  • The court recognized that the Internet Archive is a nonprofit organization and not a commercial one. This distinction was important because commercial use can often weaken a fair use defense, but in this case, the court acknowledged that the Archive wasn’t motivated by profit.
  • Despite that, the court still agreed that the Archive’s actions weren’t protected by fair use, even though it’s a nonprofit.

Bottom line

The Hachette v. Internet Archive case has shown that even nonprofits like the Internet Archive can’t freely digitize and lend books without violating copyright laws. This ruling could also affect how AI companies use copyrighted materials to train their systems. If nonprofits face such restrictions, AI tools might need to get licenses for the data they use. Even if they have already started to make some deals, I wonder, what about the first entries?


Featured image credit: Eray Eliaçık/Bing

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NVIDIA receives DOJ subpoena over AI market monopoly claims https://dataconomy.ru/2024/09/04/nvidia-doj-subpoena-antitrust-investigation/ Wed, 04 Sep 2024 08:59:17 +0000 https://dataconomy.ru/?p=57677 DOJ has issued a subpoena to NVIDIA, signaling an escalation in its antitrust investigation into the company’s dominance in the AI hardware market, as reported by Bloomberg. The investigation focuses on whether NVIDIA is using its position to limit competition and restrict access to alternative suppliers in the AI chip industry. Update: Nvidia has denied […]]]>

DOJ has issued a subpoena to NVIDIA, signaling an escalation in its antitrust investigation into the company’s dominance in the AI hardware market, as reported by Bloomberg. The investigation focuses on whether NVIDIA is using its position to limit competition and restrict access to alternative suppliers in the AI chip industry.

Update: Nvidia has denied reports that it was subpoenaed by the U.S. Department of Justice (DOJ) regarding potential antitrust violations, stating it has not received any such subpoena but is willing to cooperate with regulators.
“We have inquired with the U.S. Department of Justice and have not been subpoenaed,” an Nvidia spokesperson to Quartz

About the NVIDIA antitrust investigation

Bloomberg indicates that NVIDIA, along with other relevant companies, has been issued legally binding subpoenas for information. Sources suggest that regulators are examining whether NVIDIA is engaging in practices “making it harder to switch to other suppliers and penalizes buyers that don’t exclusively use its artificial intelligence chips.”

The reasons behind NVIDIA receiving DOJ subpoenas

NVIDIA’s rapid ascent to becoming the world’s most valuable chipmaker, driven by a massive uptick in AI investments, has placed the company squarely in the crosshairs of regulators. With its quarterly sales more than doubling, NVIDIA has outpaced former industry giants like Intel, drawing the attention of antitrust authorities.

The primary concern for regulators is whether NVIDIA is using its dominant position to limit competition. There are allegations that the company has made it more difficult for customers to switch to other chip suppliers and may be punishing those who don’t exclusively rely on its AI hardware. These concerns were shared by individuals familiar with the investigation, though their identities remain undisclosed due to the private nature of the discussions.

As part of the DOJ’s ongoing investigation, NVIDIA’s acquisition of RunAI—a company specializing in AI computing management software—has become a focal point. The deal, which was made public in April, raises concerns that it could further consolidate NVIDIA’s control, making it harder for businesses to face to alternative chip providers. Additionally, regulators are looking into whether NVIDIA is offering advantageous pricing or supply deals to clients who fully commit to its AI solutions or purchase complete systems based on NVIDIA’s technology, fueling worries about anti-competitive tactics.

NVIDIA receives DOJ subpoena over antitrust investigation
DOJ has issued a subpoena to NVIDIA, signaling an escalation in its antitrust investigation into the company’s dominance in the AI hardware market (Image credit)

What’s the meaning of subpoena?

A subpoena is a legal document that orders an individual or entity to provide testimony or produce evidence, such as documents or records, for a legal proceeding. There are two main types of subpoenas:

  1. Subpoena ad testificandum: This type requires a person to testify in court or before a legal authority.
  2. Subpoena duces tecum: This type demands that the recipient produce specific documents, records, or evidence relevant to an investigation or court case.

Failure to comply with a subpoena can result in legal penalties, such as fines or even imprisonment. Subpoenas are commonly used in investigations to gather crucial information.

Why are NVIDIA stocks down?

Over the past year, NVIDIA’s stock has experienced significant growth, reflecting the company’s dominant position in the AI and semiconductor sectors. According to TradingView data, from a yearly perspective, NVIDIA’s stock has surged by 117.03%, driven largely by booming demand for its AI chips and the company’s expansion into various AI-driven markets. However, despite this impressive yearly gain, NVIDIA has faced recent volatility. On September 3rd, the stock dropped sharply, reaching $108.00, which represents a 9.53% decrease in just one day. The decline continued pre-market, dipping to $106.14, fueled by concerns surrounding the Department of Justice’s antitrust investigation.

NVIDIA receives DOJ subpoena over antitrust investigation
On September 3rd, the stock dropped sharply, reaching $108.00, which represents a 9.53% decrease in just one day (Image credit)

While the one-day drop is notable, NVIDIA’s broader upward trajectory remains strong, with its year-to-date performance still up 119.32%. Despite short-term market corrections, NVIDIA’s strategic positioning in AI chip manufacturing continues to sustain its long-term value. This recent dip illustrates the market’s sensitivity to regulatory actions, but it is unlikely to derail NVIDIA’s overall growth momentum in the evolving AI space.

NVIDIA, Google & Apple: All facing antitrust

The relationship between Google and Apple has become a focal point in ongoing antitrust investigations. Central to this issue is the lucrative deal in which Google pays Apple billions each year to ensure that its search engine remains the default option on Apple devices, particularly Safari. This agreement gives Apple a 36% share of the advertising revenue generated by Google searches on its platform. Critics argue that this arrangement unfairly stifles competition by making it difficult for other search engines to gain traction. DOJ claims that such deals reinforce Google’s dominance in search while potentially dissuading Apple from developing its own competing search tools​.

This investigation comes at a time when both companies face increasing scrutiny over their market power and influence, particularly in how they manage user data and monopolize key digital spaces. While financially beneficial to both, the arrangement puts Apple in a precarious position as it continues to promote itself as a pro-privacy company.

The broader effects of these antitrust cases echo concerns seen in the NVIDIA case, where dominant companies are scrutinized for using their market power to maintain control and limit competition.


Featured image credit: Kerem Gülen/Midjourney

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AI usage controversy around NaNoWriMo heats up https://dataconomy.ru/2024/09/04/ai-usage-controversy-around-nanowrimo-heats-up/ Wed, 04 Sep 2024 07:55:42 +0000 https://dataconomy.ru/?p=57668 The organization behind NaNoWriMo has come under fire following a controversial statement suggesting that opposing AI writing tools might be “classist and ableist.” Behind the scenes: The AI usage controversy in NaNoWriMo community NaNoWriMo posted its statement on AI over the weekend, neither fully supporting nor rejecting the technology but highlighting the importance of considering […]]]>

The organization behind NaNoWriMo has come under fire following a controversial statement suggesting that opposing AI writing tools might be “classist and ableist.”

Behind the scenes: The AI usage controversy in NaNoWriMo community

NaNoWriMo posted its statement on AI over the weekend, neither fully supporting nor rejecting the technology but highlighting the importance of considering social issues related to its use. The post argued that AI tools could help alleviate the financial burden of hiring assistants and provide support for those with different cognitive abilities.

NaNoWriMo, best known for its annual November writing challenge where participants are tasked with producing a 50,000-word manuscript, had previously acknowledged that while AI could be used, relying on it entirely would defeat the purpose of the challenge. However, this year, the organization expanded its view, stating that while some writers may personally reject AI, others should have the freedom to choose their tools.

AI usage controversy around NaNoWriMo heats up
The AI controversy led to a notable resignation from the NaNoWriMo Writers Board (Image credit)

“We recognize that some members of our community stand staunchly against AI for themselves, and that’s perfectly fine. As individuals, we have the freedom to make our own decisions,” stated NaNoWriMo in its latest post.

The statement ignited widespread outrage across social media, particularly on platforms like X and Reddit, where writers and creatives voiced concerns over the use of generative AI in creative work. Some felt that AI devalues artistic expression, while others, including disabled writers, criticized the organization for implying that AI is necessary to accommodate different writing needs.

The controversy led to a notable resignation from the NaNoWriMo Writers Board—Daniel José Older, a key figure in the Star Wars: The High Republic series, stepped down in protest of the organization’s position.

Chuck Wendig, author of Star Wars: Aftermath, sharply criticized NaNoWriMo’s stance on AI, stating:

“Generative AI empowers not the artist, not the writer, but the tech industry. It steals content to remake content, graverobbing existing material to staple together its Frankensteinian idea of art and story.”

This incident adds to NaNoWriMo’s growing list of controversies in recent years. The organization had previously faced scrutiny for a lack of transparency following accusations involving child safety concerns and grooming, as well as criticism for promoting its sponsor’s AI writing tools.

In response to the uproar, NaNoWriMo revised its statement to address concerns about the role of generative AI in the writing world. The update expressed that the organization is troubled by specific misuses of AI, which clash with its values. NaNoWriMo further clarified that AI is a broad technology, encompassing both generative and non-generative forms, and that its complexity makes it difficult to take a definitive stance either for or against.

At a glance:

NaNoWriMo stands for National Novel Writing Month. It’s an annual creative writing challenge that takes place every November, where participants aim to write a 50,000-word manuscript in 30 days. The event encourages writers of all skill levels to focus on completing a novel rather than perfecting it, with the goal of motivating creativity and output.

NaNoWriMo drama

Recently, NaNoWriMo has been at the center of controversy due to its stance on AI writing tools. The organization received backlash after suggesting that opposing AI use in writing is “classist and ableist.” This sparked heated discussions within the creative community, with many writers arguing that AI diminishes the value of human creativity. Additionally, the organization has faced past criticisms regarding transparency, child safety concerns, and its partnerships with companies offering AI-driven writing assistance.

NaNoWriMo rules

Key rules for NaNoWriMo include:

  • Participants must aim to write a novel of at least 50,000 words by the end of November.
  • The project must be a new, original work. Pre-existing drafts or novels don’t count, though outlining or research before November is allowed.
  • Writing must be done between November 1 and November 30, with the word count verified on the NaNoWriMo website.
  • Writers can use any genre or style, and while editing isn’t prohibited, the focus is on generating content rather than polishing.

Generative AI tools are allowed, but using them exclusively to write the entire manuscript goes against the spirit of the challenge.

Generating vs. writing

There’s a clear distinction between generating content and the art of writing. While writing involves creativity, intuition, and an emotional connection with the reader, generative AI works on speed and efficiency, assembling content from vast data pools. However, dismissing the force and rapid advancement of generative AI tools entirely is a relic of outdated thinking. Much like the iPhone revolutionized how we communicate and work, generative AI is reshaping how we approach content creation.

To hold too tightly to traditional views without acknowledging the potential of this technology is to risk being left behind in a critical moment of transformation. A delicate balance is necessary—one that protects the integrity of creative writing while allowing for the benefits of AI. Rather than a blanket rejection or blind embrace, what’s needed is a regulatory framework that ensures ethical use.


Featured image credit: Kerem Gülen/Midjourney

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Next year you might need to pay Canva 300% more https://dataconomy.ru/2024/09/03/next-year-you-might-need-to-pay-canva-more/ Tue, 03 Sep 2024 14:18:11 +0000 https://dataconomy.ru/?p=57646 Starting next year, Canva users can expect significant price hikes on some subscriptions, particularly for the Canva Teams plan, which is seeing substantial increases due to the company’s rollout of new generative AI features. The Verge reports that global customers of Canva Teams, a subscription plan tailored for businesses, will face price increases of over […]]]>

Starting next year, Canva users can expect significant price hikes on some subscriptions, particularly for the Canva Teams plan, which is seeing substantial increases due to the company’s rollout of new generative AI features. The Verge reports that global customers of Canva Teams, a subscription plan tailored for businesses, will face price increases of over 300% in certain cases. This steep rise is attributed to what Canva describes as an “expanded product experience” brought about by its new AI tools.

Will Canva increase its prices?

In the U.S., some Canva Teams users are witnessing a jump from $120 per year for up to five users to $500 per year. Canva is offering a 40% discount for the first 12 months, which reduces the cost to $300. Meanwhile, in Australia, the monthly fee for five users is shifting from a flat $39.99 AUD to $40.50 AUD per user. This change results in a yearly cost increase from $480 AUD to $2,430 AUD for a team of five, as reported by Information Age.

These price adjustments apply to existing users who had previously locked in lower rates, with Canva now aligning them with the current pricing structure. This change comes after the introduction of new subscription rates in April, which set the cost at $10 per user per month with a minimum of three users.

According to a statement made to The Verge by Canva’s communications lead, Louisa Green, the updated pricing reflects the value added by Canva’s expanded suite of products, which includes new offerings like the Visual Suite and Magic Studio. These generative AI features, including tools like Magic Media and Magic Expand, have broadened Canva’s appeal beyond design and marketing professionals to a more extensive workspace solution.

canva price increase
The generative AI features of Canva are the main driver behind this price increase (Image credit)

Although these price increases were not publicly announced and were communicated mainly through customer emails, they mark a sharp shift for Canva, a platform that was once seen as a cost-effective alternative to more expensive graphic design tools like Adobe’s. The news has sparked backlash from users, some of whom are considering canceling their subscriptions in favor of other options, such as Adobe applications. This pricing strategy comes on the heels of Canva’s acquisition of the company behind Affinity’s creative software and amid speculation of a potential public listing in the U.S. in 2026.


Featured image credit: Canva

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iPhone 16 series might break the “thinnest bezels on a phone” record https://dataconomy.ru/2024/09/03/iphone-16-series-might-break-the-thinnest-bezels-on-a-phone-record/ Tue, 03 Sep 2024 09:17:13 +0000 https://dataconomy.ru/?p=57612 September 9, 2024, will be a key day for tech enthusiasts as Apple gears up to unveil its much-anticipated iPhone 16 lineup. However, the spotlight is already shining on the iPhone 16 Pro Max, thanks to a recent leak that has stirred up considerable excitement among potential buyers. Leaked information comes before the iPhone event […]]]>

September 9, 2024, will be a key day for tech enthusiasts as Apple gears up to unveil its much-anticipated iPhone 16 lineup. However, the spotlight is already shining on the iPhone 16 Pro Max, thanks to a recent leak that has stirred up considerable excitement among potential buyers.

Leaked information comes before the iPhone event

According to several sources, the iPhone 16 Pro and iPhone 16 Pro Max are expected to feature smaller bezels than their predecessors, with some claims suggesting that the iPhone 16 Pro Max might boast the slimmest bezels of any smartphone to date, measuring just 1.15mm. This speculation gained further traction with the release of a leaked comparison image, providing a clear visual representation of the difference these reduced bezels could make.

The image, shared by Apple Hub on X, offers a close-up view of the bezels on the current iPhone 15 Pro Max and the upcoming iPhone 16 Pro Max. The former is shown with 1.55mm bezels, while the latter, as rumored, will have 1.15mm bezels. While numbers alone might not convey the full impact, the side-by-side comparison clearly highlights the significant reduction, underscoring the sleek, modern look that the iPhone 16 Pro Max is expected to bring to the table.

This rumored bezel reduction could serve dual purposes. First and foremost, it enhances the aesthetic appeal of the iPhone 16 Pro Max, making it appear more premium and contemporary than its predecessor. This could be a crucial selling point, especially if the iPhone 16 Pro Max is priced higher than the iPhone 15 Pro Max, as many analysts predict.

Also, the reduction in bezel size could play a practical role by ensuring that the iPhone 16 Pro Max remains comfortably manageable despite the anticipated increase in screen size. Rumors suggest that the device will feature a larger 6.9-inch display, but by trimming the bezels, Apple may be able to keep the overall dimensions of the phone similar to or only slightly larger than the iPhone 15 Pro Max. This balance between screen real estate and device ergonomics could be a key factor in maintaining user satisfaction.

As with all pre-launch leaks, it’s important to note that these details are not officially confirmed. Apple has yet to unveil the iPhone 16 Pro Max, and while the bezel reduction and screen size increase have been widely reported, they remain speculative until the official announcement. However, the consistency of these rumors across multiple sources gives us reason to believe that Apple is indeed planning these changes.

Focus on Apple Intelligence

The iPhone 16 lineup is expected to be a significant evolution from its predecessors. AI-powered smartphones are rapidly flourishing, integrating advanced machine learning capabilities that transform the way users interact with their devices. With the anticipated release of the iPhone 16 lineup, the Cupertino firm is expected to double down on its AI focus, particularly through its Apple Intelligence branding.


Featured image credit: Kerem Gülen/Midjourney

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Meet Maia 100, Microsoft’s latest weapon in the AI hardware battle https://dataconomy.ru/2024/09/02/microsoft-maia-100-ai-npu-nvidia/ Mon, 02 Sep 2024 14:35:47 +0000 https://dataconomy.ru/?p=57553 Microsoft found its way to compete with NVIDIA, the Maia 100 AI accelerator. This new chip represents a strategic move to challenge NVIDIA’s dominance in the AI hardware sector by offering advanced capabilities designed for high-performance cloud computing. With the Maia 100, Microsoft aims to provide a more cost-effective and efficient solution for managing large-scale […]]]>

Microsoft found its way to compete with NVIDIA, the Maia 100 AI accelerator. This new chip represents a strategic move to challenge NVIDIA’s dominance in the AI hardware sector by offering advanced capabilities designed for high-performance cloud computing. With the Maia 100, Microsoft aims to provide a more cost-effective and efficient solution for managing large-scale AI workloads.

Everything we know about Microsoft’s Maia 100 so far

Microsoft’s Maia 100 is a powerful new AI accelerator designed to handle big AI tasks in the cloud. Unveiled at Hot Chips 2024, this chip is a big step forward in making AI infrastructure more cost-effective, and here is how:

Chip design and technology

  • Size and manufacturing: The Maia 100 chip is about 820mm² in size and is built using TSMC’s advanced N5 technology. It uses COWOS-S technology, which helps integrate the chip with other components effectively.
  • Memory and bandwidth: The chip has a lot of memory and can handle a huge amount of data. It has large on-die SRAM (a type of fast memory) and four HBM2E memory chips. Together, they provide 1.8 terabytes per second of data transfer speed and 64 gigabytes of memory capacity. This setup is crucial for processing large AI datasets quickly.

Performance and power efficiency

  • Power usage: Maia 100 can handle up to 700 watts of power but is set to use 500 watts for better efficiency. This allows it to perform well while keeping power usage under control.
  • Tensor unit: The chip includes a high-speed tensor unit for handling complex AI tasks like training models and making predictions. It can process different types of data, including a new format called MX, which Microsoft introduced in 2023. This unit is designed to handle many calculations at once efficiently.
  • Vector processor: Maia 100 has a vector processor that supports various data types, such as FP32 (32-bit floating point) and BF16 (16-bit floating point). This helps in performing a wide range of machine learning tasks.
  • DMA engine: The Direct Memory Access (DMA) engine helps in moving data quickly and supports different ways of splitting up tensors (data chunks), which improves efficiency.
Microsoft’s Maia 100 AI accelerator aims to rival NVIDIA with high-performance, cost-effective cloud computing, offering cutting-edge efficiency and power.
(Credit)

Data handling and efficiency

  • Data storage and compression: Maia 100 uses lower-precision data storage and a compression engine to reduce the amount of data that needs to be moved around. This helps in handling large AI tasks more efficiently.
  • Scratch pads: It has large L1 and L2 scratch pads (temporary storage areas) managed by software to make sure data is used efficiently and power is saved.
  • Networking: The chip supports high-speed Ethernet connections, allowing it to handle up to 4800 Gbps of data in certain ways and 1200 Gbps in others. This custom networking protocol ensures reliable and fast data transfer, which is also secure with AES-GCM encryption.

Elon Musk’s Nvidia AI chip order is too big to handle


Software tools and integration

  • Maia SDK: Microsoft provides a set of tools called the Maia SDK to make it easier to use the Maia 100. These tools include:
    • Framework integration: A PyTorch backend that supports both eager mode (for quick development) and graph mode (for better performance).
    • Developer tools: Tools for debugging, performance tuning, and validating models, which help in improving the efficiency of AI tasks.
    • Compilers: Maia supports two programming models: Triton, an easy-to-use language for deep learning, and the Maia API, a custom model for high performance.
    • Kernel and collective library: Provides optimized computing and communication kernels for machine learning, with options to create custom kernels.
    • Host/Device runtime: Manages memory allocation, running programs, scheduling tasks, and device management.
Microsoft’s Maia 100 AI accelerator aims to rival NVIDIA with high-performance, cost-effective cloud computing, offering cutting-edge efficiency and power.
(Credit: Microsoft)

Programming models and data handling

  • Asynchronous programming: Maia supports asynchronous programming with semaphores, which helps overlap computations with data transfers to improve efficiency.
  • Programming models: Developers can choose between:
    • Triton: A simple plan guage for deep learning that works on both GPUs and Maia. It handles memory and synchronization automatically.
    • Maia API: A more detailed programming model for those who need fine control over performance, requiring more code and management.
  • Data flow optimization: Maia uses a Gather-based method for matrix multiplication (GEMMs) rather than the traditional All-Reduce method. This makes processing faster by combining results directly in SRAM (fast memory), reducing latency and improving performance.
  • SRAM usage: The chip uses SRAM to temporarily store data and results, which reduces the need for slower memory accesses and boosts overall performance.

Flexibility and portability

Maia 100 can run PyTorch models with minimal changes. The PyTorch backend supports both development (eager mode) and high-performance (graph mode), making it easy to move models across different hardware setups.

Need a recap of Maia 100’s specs?

Specification Details
Chip Size ~820mm²
Manufacturing Technology TSMC N5 process with COWOS-S interposer
On-Die SRAM Large capacity for fast data access
Memory 64 GB HBM2E (High Bandwidth Memory)
Total Bandwidth 1.8 terabytes per second
Thermal Design Power (TDP) Supports up to 700W, provisioned at 500W
Tensor Unit High-speed, supports MX format, 16xRx16
Vector Processor
Custom superscalar engine, supports FP32 and BF16
DMA Engine Supports various tensor sharding schemes
Data Compression Includes compression engine for efficiency
Ethernet Bandwidth Up to 4800 Gbps all-gather, 1200 Gbps all-to-all
Network Protocol Custom RoCE-like, AES-GCM encryption
Programming Models
Triton (domain-specific language), Maia API (custom model)
Scratch Pads Large L1 and L2, software-managed
SRAM Usage For buffering activations and results
Software SDK
Includes PyTorch backend, debugging tools, compilers, and runtime management
Data Flow Optimization Gather-based matrix multiplication (GEMMs)

That’s all! In summary, Microsoft’s Maia 100 AI accelerator positions itself as a direct competitor to NVIDIA’s offerings in the AI hardware market. With its advanced architecture and performance features, the Maia 100 seeks to provide a viable alternative for handling large-scale AI tasks.


Featured image credit: Microsoft

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1X NEO Beta brings back the humanoid robot hype https://dataconomy.ru/2024/09/02/1x-neo-beta-robot-humanoid/ Mon, 02 Sep 2024 13:34:33 +0000 https://dataconomy.ru/?p=57524 The idea of having a robot assist us in our daily lives is becoming more of a reality than ever before with the 1X NEO Beta robot. Imagine a humanoid robot that can not only navigate your home with ease but also learn from its surroundings and perform various tasks, all while ensuring safety for […]]]>

The idea of having a robot assist us in our daily lives is becoming more of a reality than ever before with the 1X NEO Beta robot. Imagine a humanoid robot that can not only navigate your home with ease but also learn from its surroundings and perform various tasks, all while ensuring safety for you and your loved ones. This is exactly what 1X Robotics offers.

Sounds good? In this overview, we will delve into the unique features of the 1X NEO Beta robot, its design and capabilities, and how it compares to other humanoid robots currently in development.

What is the 1X NEO Beta robot?

The 1X NEO Beta robot is a new bipedal humanoid robot prototype created by 1X. Designed for use in the home, NEO Beta is a significant step forward in making intelligent robots a regular part of daily life. Unlike earlier robots that were often rigid and limited in function, 1X NEO Beta robot uses a bio-inspired design that allows it to work safely and efficiently alongside people in a household setting.

NEO Beta is designed with two legs and mimics human walking patterns, allowing it to navigate spaces such as homes more effectively. This design helps it move through areas that might be challenging for other types of robots, such as uneven flooring or stairs.

The robot has a bio-inspired design, meaning its movements are modeled after the human body. This allows for more natural, flexible motions compared to the rigid movements of many older robots.

1X NEO Beta weighs around 25 kg (66 lbs), which is lighter than many similar robots designed for industrial or home use. This lighter weight reduces the risk of damage or injury in case of a fall or collision, making it more suitable for household use. By comparison, other humanoid robots like Tesla’s Optimus GEN2 and Figure 02 are heavier, weighing 57 kg (152 lbs) and 70 kg (187 lbs), respectively.

Explore the 1X NEO Beta robot, a humanoid robot designed for home use, combining advanced features, safety, and adaptability in daily life.
(Credit: 1x Robotics)

The robot is designed to learn from its environment, adapting its behavior over time. This is achieved through continuous interaction with its surroundings and input from human operators who guide and train it on various tasks. 1X employs operators who work with the robot to refine its abilities, enabling it to perform a variety of household tasks more effectively.

Is the 1X NEO Beta robot safe?

Safety is a primary design focus for NEO Beta, especially since it will operate in home environments where it may encounter people, children, and pets. It includes sensors and software to detect and avoid obstacles and prevent collisions.

The exterior of NEO Beta is soft and cushioned in specific areas, unlike other robots that use hard plastic or metal casings. This makes any accidental contact less likely to cause injury.

Explore the 1X NEO Beta robot, a humanoid robot designed for home use, combining advanced features, safety, and adaptability in daily life.
(Credit: 1x Robotics)

However, humanoid robots like NEO Beta face several challenges, including developing comprehensive safety standards and gaining consumer trust. Organizations such as IEEE are working to establish guidelines to ensure robots operate safely around people. As these guidelines develop, robots like NEO Beta will need to meet strict safety and performance criteria to be widely adopted for home use.

Is the 1X NEO Beta robot just a concept?

NEO Beta is being prepared for mass production at 1X’s factory in Moss, Norway. The goal is to produce these robots on a large scale, making them accessible for use in more homes.

This production readiness shows that the robot is not just a concept but is intended to be a real product used in everyday situations.

A small number of NEO Beta units will be deployed in selected homes to gather data and improve the robot’s capabilities. This testing phase will help understand how the robot performs in actual living spaces and what adjustments are needed. The feedback collected from these test environments will be crucial in refining the robot’s design and functionality.

Comparison with other humanoid robots

NEO Beta is part of a new wave of humanoid robots being developed for different environments. Compared to others, like Tesla’s Optimus GEN2 and Unitree’s G1, NEO Beta is lighter and designed specifically with home use in mind. Its softer exterior and bio-inspired design set it apart, especially in terms of safety and adaptability in a home environment.

Explore the 1X NEO Beta robot, a humanoid robot designed for home use, combining advanced features, safety, and adaptability in daily life.
(Credit: 1x Robotics)

Get to know 1x Robotics

1X Robotics is a company specializing in humanoid robotics, focusing on developing robots that can operate safely in human environments. The company is based in Norway, with additional offices in Sunnyvale, California; Irving, Texas; and Oslo, Norway. 1X Robotics has been working on humanoid robots for over a decade, starting with its earlier model, EVE, introduced in 2017. The company has a factory in Moss, Norway, where it is preparing for the mass production of its latest humanoid prototype, NEO Beta. This robot is designed for home use and aims to gather real-world data to improve its performance in various household tasks. 1X Robotics employs a team of operators who train these robots to enhance their capabilities in different settings, ensuring they are adaptable and capable of handling diverse environments.


Featured image credit: 1x

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X marks the spot: Brazil’s standoff over Twitter ban and free speech https://dataconomy.ru/2024/09/02/x-marks-the-spot-brazils-standoff-over-twitter-ban-and-free-speech/ Mon, 02 Sep 2024 08:04:43 +0000 https://dataconomy.ru/?p=57492 Now that Brazil has imposed a comprehensive ban on the social media platform X, there’s an escalating discussion over free speech and government censorship. This decision comes after X’s refusal to comply with Brazilian court orders demanding the removal of certain anti-government commentators, a standoff that questions the balance between regulation and freedom on the […]]]>

Now that Brazil has imposed a comprehensive ban on the social media platform X, there’s an escalating discussion over free speech and government censorship. This decision comes after X’s refusal to comply with Brazilian court orders demanding the removal of certain anti-government commentators, a standoff that questions the balance between regulation and freedom on the internet.

Why did Brazil ban X (Twitter)?

X, the prominent social media platform, now finds itself barred from operating in Brazil. The ban stems from its refusal to comply with a Brazilian Supreme Court order demanding the removal of seven anti-government commentators accused of fueling unrest in the region. X has contested the order, claiming a lack of sufficient evidence to justify such actions and is sticking firmly to its stance, advocating for “free speech” over compliance.

The story began in April when the Brazilian government identified specific accounts allegedly disseminating misinformation and hate speech. Despite the government’s directive, X resisted, citing the demand as legally unfounded under Brazilian law and inconsistent with its newly adopted moderation policies promoting free expression.

As tensions escalated, the threat of arrest loomed over local X employees, compelling the company to close its Brazilian office and evacuate staff two weeks ago. Subsequently, Brazilian authorities insisted on X appointing a legal representative within the country. The failure to meet this demand—due to the risk of potential arrest for the appointee—led to the platform’s ban from operating in Brazil just last week.

Enforced penalties and platform restrictions

Brazil’s response to X’s non-compliance has been stringent. The country has not only banned the platform outright but has also mandated that the App Store and Google Play Store withdraw the app from availability. Moreover, individuals attempting to bypass this ban through VPNs, disguising their location to access X, face hefty fines—up to $8,900 for each violation.

The controversial posts and their aftermath

The heart of the controversy revolves around baseless assertions that the 2022 Brazilian election was manipulated. Following the election results, former President Jair Bolsonaro, unsuccessful in his re-election bid, claimed the electronic voting machines were compromised, leading to a skewed outcome against him. Echoing the aftermath of the U.S. Capitol riots on January 6th, Bolsonaro’s assertions spurred his supporters to launch protests, which escalated to attacks on key governmental buildings, including Brazil’s Congress, Presidential Palace, and Supreme Court.

The repercussions were significant: over 300 arrests were made, and Bolsonaro, having fled Brazil post-election, now faces an eight-year ban from political candidacy for his role in destabilizing Brazilian democracy. The accounts targeted by the Brazilian Supreme Court are linked to Bolsonaro’s administration and persistently deny the legitimacy of the 2022 election results, potentially fueling further discord.

Notably, Elon Musk, a vocal supporter of Bolsonaro during his presidency, had engaged in multiple business initiatives, including plans to expand internet services in Brazil through Starlink. However, these agreements have been discontinued by the succeeding administration.

X marks the spot: Brazil's standoff over Twitter ban and free speech
Now Brazil has imposed a comprehensive ban on the social media platform X, there’s an escalating discussion over free speech and government censorship (Image credit)

Brazil might fine VPN users

The New York Times has shed light on the escalating tensions surrounding X’s ban in Brazil, highlighting the substantial fines—nearly $9,000 per day—imposed on anyone in Brazil attempting to access the platform via VPNs. This extraordinary measure by Brazil’s Supreme Court underscores the seriousness with which the country is addressing the dissemination of disinformation.

The narrative surrounding the ban is not flattering for X or its CEO, Elon Musk. Initially prompted by the government’s directive to halt the spread of false information, Musk labeled the action as “censorship.” This standoff has painted Musk into a corner, as any retreat now could appear as capitulating to Brazilian authorities.

Musk’s firm stance, if genuinely driven by legal concerns and principles, aligns with his vision for X. However, this conflict has already begun to impact the platform financially and in terms of user engagement in Brazil, with many users migrating to alternative apps.

Amidst this controversy, Bluesky, a platform launched earlier this year as a counter to the monopolization by platforms like Twitter, has seen a resurgence in popularity, particularly in Brazil. Its interface, mirroring X’s blue and white design, has appealed to former users of X. Although still significantly smaller than giants like X and Threads, Bluesky’s user base reportedly doubled last month, reaching an estimated 7.79 million globally.

A spokesperson for Bluesky expressed excitement about hosting users seeking alternatives in the wake of Brazil’s ban, affirming the platform’s commitment to transparency, openness, and user-centric values. Whether Bluesky will maintain its momentum or if users will revert to larger platforms like X remains uncertain. However, for now, Bluesky appears to be benefiting from X’s exclusion from the Brazilian market.

Celebrity critiques on platform freedom

Not only has Brazil taken a firm stand against platform X, but prominent figures like Mark Cuban are also voicing skepticism about the freedom Elon Musk purports to uphold on the platform. Cuban expressed his concerns directly on X, contradicting the notion that it’s a paragon of free speech.

“I know everyone thinks this platform is a bastion of free speech. I see the opposite,” Cuban stated in a post. Musk has publicly committed to enhancing the platform by introducing new features, making algorithms open source to foster trust, combating spam bots, and ensuring all users are verified humans. However, Cuban observes a discrepancy between these promises and the current state of affairs on X.

“It’s only as free as Elon wants it to be. He can intimidate. He can alter the algorithm. He can suspend anyone he wants at any time,” Cuban articulated, underscoring Musk’s control over the platform. “He is the ultimate arbiter of everything on here. And the biggest power play is him making everyone think their speech is free speech until he decides it isn’t, and there is nothing any of us can do about it.”

Despite his criticisms, Cuban continues to engage on X, finding some enjoyment in the interactions. “Which is why whenever he calls me out or calls me names, I’ll throw something back at him. It’s fun,” Cuban revealed in his exchange with Voulgaris. “And you know I always enjoy and respect our back and forth.”

Cuban also mentioned the personal value he finds in these interactions, “I don’t think it’s tragic. I like to engage with different people on any number of topics. Kills time when I’m doing cardio or in between emails.”

This isn’t the first instance of Cuban accusing Musk of personalizing X’s operations to his preferences. In a recent appearance on “The Daily Show,” Cuban suggested that Musk might have tailored X’s algorithm to align with his personal biases.

X marks the spot: Brazil's standoff over Twitter ban and free speech
Not only has Brazil taken a firm stand against platform X, but prominent figures like Mark Cuban are also voicing skepticism about the freedom Elon Musk purports to uphold on the platform (Image credit)

Where do we draw the line between free speech and unlawful activity?

While platforms like X offer unprecedented opportunities for expression, they also face challenges in navigating the complex interplay of global legal standards and users’ diverse expectations.

Free speech involves the ability to express opinions without unwarranted censorship. However, when such expressions incite violence, spread misinformation, or disrupt public order, they veer into territories that most legal systems define as criminal. The role of tech companies in moderating such content is pivotal and often contentious, particularly when their policies intersect with national sovereignty and security concerns.

Justice in this digital age requires a delicate balance, ensuring that while the freedom to speak one’s mind is preserved, it does not become a shield for harmful activities. As platforms and policymakers grapple with these issues, the dialogue between freedom and regulation remains ever crucial. This balance will ultimately shape digital communication, ensuring that free speech does not come at the cost of public safety and order.


Featured image credit: Kerem Gülen/Midjourney

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Binance boycott, CEO’s response, and over $2.6B withdrawn https://dataconomy.ru/2024/08/29/binance-boycott-israel-palestine/ Thu, 29 Aug 2024 01:24:28 +0000 https://dataconomy.ru/?p=57420 The Binance boycott causes over $2.6B worth of withdrawals from the popular crypto exchange platform. Binance is facing controversy after Ray Youssef, co-founder of Paxful, claimed the company froze Palestinian users’ funds at the request of the Israel Defense Forces (IDF). This has led to calls for a boycott and a significant withdrawal of funds […]]]>

The Binance boycott causes over $2.6B worth of withdrawals from the popular crypto exchange platform. Binance is facing controversy after Ray Youssef, co-founder of Paxful, claimed the company froze Palestinian users’ funds at the request of the Israel Defense Forces (IDF). This has led to calls for a boycott and a significant withdrawal of funds from the platform.

Binance CEO Richard Teng has denied these claims, saying they are “FUD” (Fear, Uncertainty, and Doubt). He clarified that only a few accounts involved in illegal activities were affected, not all Palestinian accounts. Despite Binance’s response, the boycott is still trending on X, and people are continuing to withdraw their funds. Here’s what we know so far.

The reasons behind the Binance boycott

Ray Youssef, co-founder of Paxful and CEO of Noones, has claimed that Binance froze all funds belonging to Palestinian users. He says this action was taken because of a request from the IDF. Youssef shared a letter he received, supposedly from Binance, and an alleged video proof.

Many users have called for a boycott of Binance, accusing the company of supporting oppressive actions against Palestinians. They argue that cryptocurrency should remain decentralized and free from government control. Social media campaigns have urged users to delete their Binance accounts and withdraw their funds, resulting in a drop of 47,000 BTC ($2.6 billion) in the charts.

A Binance boycott began after claims of freezing Palestinian funds. The CEO denies the allegations as 'FUD,' but can't stop the withdrawals.
Binance boycott reasons explained (Credit)

Binance’s response

Binance CEO Richard Teng has addressed the allegations, describing them as FUD. He stated that only a limited number of accounts linked to illegal activities were blocked and refuted claims of a blanket seizure. Teng emphasized that Binance complies with internationally accepted anti-money laundering regulations, similar to other financial institutions. He also expressed the company’s commitment to educating users on secure transactions and hoped for lasting peace in the region.

Also, data from Similarweb, indicates that Palestinian traffic constitutes a small portion—about 0.05%—of Binance’s total visits. This data suggests that while the controversy is notable, its impact on Binance’s overall business might be limited.

In summary, the Binance boycott has escalated following claims by Ray Youssef that the platform froze Palestinian users’ funds at the request of the IDF. This controversy has led to widespread calls for a Binance boycott and significant withdrawals from the platform. Binance CEO Richard Teng has denied these allegations, labeling them ‘FUD,’ and clarified that only a few accounts linked to illegal activities were affected. Despite this, the Binance boycott continues to trend, and users are still withdrawing their funds. However, with Palestinian traffic accounting for only 0.05% of total visits, the long-term impact on Binance’s overall business may be limited.


Featured image credit: Eray Eliaçık/Bing

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Google-Yelp lawsuit: A different kind of star wars https://dataconomy.ru/2024/08/29/google-yelp-lawsuit-yelp-is-suing-google/ Thu, 29 Aug 2024 00:28:31 +0000 https://dataconomy.ru/?p=57409 The battle between tech giants has heated up with the Google-Yelp lawsuit. Yelp, the popular review platform, is accusing Google of using its power as the top search engine to push its own services and shut out competitors. This isn’t just a fight between two companies—it’s a challenge to Google’s dominance that could change how […]]]>

The battle between tech giants has heated up with the Google-Yelp lawsuit. Yelp, the popular review platform, is accusing Google of using its power as the top search engine to push its own services and shut out competitors. This isn’t just a fight between two companies—it’s a challenge to Google’s dominance that could change how we search for and find information online. Here’s what Yelp is claiming and why this case could have a big impact on the future of the internet.

What we know about the Google-Yelp lawsuit so far

Yelp has filed an antitrust lawsuit against Google. The company accuses Google of using its dominant position in the search engine market to promote its services and unfairly hurt competitors like Yelp. The Google-Yelp lawsuit is part of a larger battle over how much power big tech companies should have in controlling what users see online. Here are Yelp’s main allegations against Google:

  • Manipulating search results: Yelp claims that Google unfairly promotes its own services, such as Google Maps and Google Reviews, when users search for local businesses. For example, if you search for a restaurant on Google, the top results might show Google’s own reviews and information rather than results from Yelp or other competing platforms. Yelp argues that this manipulation keeps users from visiting its site, reducing its visibility and traffic.
  • Monopoly power: The Google-Yelp lawsuit states that Google’s strong position as the most widely used search engine allows it to dominate the local search market as well. This dominance means that Google can control what users see, keeping them within its own ecosystem and preventing them from going to rival sites like Yelp, Expedia, or finance sites.
The Google Yelp lawsuit heats up as Yelp accuses Google of unfair practices. Discover why Yelp is suing Google and the potential impacts.
The Google-Yelp lawsuit has garnered significant media attention due to its implications for online search practices (Credit)
  • Exclusive contracts with mobile companies: Yelp also points out that Google has made exclusive deals with companies like Apple to be the default search engine on mobile devices. This strategy ensures that most mobile searches are automatically directed to Google, giving it an unfair advantage over competitors who don’t have the same level of access.
  • Lower quality of Google’s local services: Yelp argues that Google’s local search services are not as good as Yelp’s. It cites a report from the Federal Trade Commission (FTC) showing that 32% of reviews on Google have no text, while Yelp requires detailed text reviews, resulting in higher-quality content. Yelp claims that Google’s dominance is due to its market power, not because it offers better services.
  • Harm to Yelp’s business: Yelp claims that Google’s practices have directly hurt its business by lowering the traffic to Yelp’s website, which in turn reduces its advertising revenue and increases costs. Yelp also says that Google’s dominance forces local businesses to rely more on Google for advertising, allowing Google to charge higher fees and making it harder for Yelp to compete.

For more than ten years, Yelp has complained about Google’s practices, arguing that the search giant manipulates its search results to prioritize its own services over those of competitors. This isn’t the first time Yelp has raised these concerns, but it is the first time the company has filed a formal lawsuit to address these issues.

Why is Yelp suing Google now?

Yelp is suing Google because it believes Google has been using its dominant position in the search engine market to promote its own services, hurting competitors like Yelp unfairly. The Google-Yelp lawsuit comes after a recent ruling by a federal judge that found “Google is an illegal monopoly” by abusing its market power to stifle competition. Yelp has long argued that Google manipulates search results to favor its own platforms, like Google Maps and Google Reviews, over those of competitors, making it harder for users to find content from other sites like Yelp.

The Google-Yelp lawsuit heats up as Yelp accuses Google of unfair practices. Discover why Yelp is suing Google and the potential impacts.
Yelp’s complaint in the Google-Yelp lawsuit alleges that Google manipulates search results to favor its own services(Credit: Yelp)

Yelp’s lawsuit aims to address these concerns by seeking monetary damages and asking the court to order Google to stop these practices. The timing of the Google-Yelp lawsuit is significant because the recent antitrust ruling against Google has created a more favorable environment for companies like Yelp to challenge Google’s practices. By filing the lawsuit now, Yelp hopes to take advantage of this momentum and push for a more competitive and fair online marketplace. If successful, this case could lead to significant outcome, including:

  • Potential for more lawsuits: If Yelp wins its case, it could encourage other companies that feel disadvantaged by Google’s practices to file their own lawsuits. Other specialized search providers like Expedia, Glassdoor, and Zillow might see this as an opportunity to challenge Google’s dominance and seek compensation for similar grievances.
  • Possible changes to Google’s business practices: A ruling in favor of Yelp could force Google to change how it displays search results and interacts with competitors. This might mean showing more results from outside sources like Yelp, rather than prioritizing its own services, which could provide a more level playing field for other companies.
  • Increased regulatory scrutiny: Google-Yelp lawsuit is part of a growing wave of regulatory scrutiny on big tech companies. Governments and regulators worldwide are looking closely at the power of companies like Google, Facebook, Amazon, and Apple, and are considering new rules to ensure fair competition. Yelp’s lawsuit could add to the momentum for stronger antitrust enforcement and regulation in the tech sector.
  • Impact on consumer choice: At the heart of the Google-Yelp lawsuit is a concern about consumer choice. Yelp argues that Google’s practices limit users’ access to a wide range of information by keeping them within Google’s ecosystem. If Yelp’s claims are proven true, it could lead to calls for more transparency and fairness in how search engines operate and display information.

Google’s response to the lawsuit

Google has denied Yelp’s allegations, calling them not new. A spokesperson for Google said similar claims have been made before and were dismissed by the FTC and other regulatory bodies. Google argues that users prefer its services because they are of higher quality and provide the best search experience.

Google also plans to appeal Judge Mehta’s recent ruling, stating that the judge’s decision recognized Google as the best search engine, which is why users prefer it over competitors like Yelp.


DeepMind’s internal revolt: Employees demand Google cut ties with Israeli and other military contracts


A timeline for Google, Yelp & other antitrust cases

Yelp has created a detailed page about the Google lawsuit. According to this page, here’s a quick recap of the events that led up to it:

2007:

  • Yelp ends a licensing deal that allowed Google to access its ratings and reviews.

2009:

  • Google’s attempt to acquire Yelp is unsuccessful.

2010:

  • Google starts incorporating content scraped from competitors, including Yelp, without permission or attribution.

2011:

  • Jeremy Stoppelman testifies before the U.S. Senate about Google’s anticompetitive practices.

2013:

  • The FTC closes its probe into Google’s anticompetitive search behavior; later leaked documents reveal staff had recommended tougher action.

2014:

  • The EU reopens its antitrust investigation into Google following complaints, including from Yelp.
  • The EU proposes an antitrust settlement requiring Google to display more competitor offerings in search.

2015:

  • EU competition chief Margrethe Vestager files formal antitrust charges against Google.

2017:

  • Yelp notifies the FTC of Google’s continued scraping of third-party content.
  • The EU fines Google €2.42 billion for illegally self-preferencing its Google Shopping vertical in general search.

2019:

  • Jeremy Stoppelman participates in the U.S. House antitrust probe into Google.

2020:

  • The House Judiciary Committee Report finds Google leverages dominance by misusing data and self-preferencing.
  • Yelp testifies before the U.S. Senate Judiciary Subcommittee on Antitrust regarding self-preferencing.

2021:

  • The Turkish Competition Board fines Google for self-preferencing hotel and local content.

2023:

  • In a San Francisco antitrust lawsuit, Epic wins a jury trial against Google for illegally monopolizing Android app distribution and in-app billing.
  • The U.S. DOJ sues Google in federal court in Virginia for illegally monopolizing digital advertising technologies.

2024:

  • March: The European Union (EU) opens an investigation into Google for self-preferencing in violation of the Digital Markets Act.
  • May: The U.K. enacts the Digital Markets, Competition, and Consumers Act, which Yelp had urged the House of Commons to pass in 2023.
  • A case brought by the U.S. DOJ and state attorneys general results in Judge Mehta ruling that Google used illegal means to maintain its monopolies in the general search and general search text advertising markets.
  • August: Yelp files its antitrust lawsuit against Google in federal court in San Francisco.

The outcome of the Google-Yelp lawsuit could set a precedent for how tech giants are regulated in the future.

This is a developing story.


Featured image credit: Eray Eliaçık/Bing

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X Conference: Elon Musk is betting on video conferencing https://dataconomy.ru/2024/08/28/x-conference/ Wed, 28 Aug 2024 08:16:55 +0000 https://dataconomy.ru/?p=57338 X Conference is the answer to big names like Zoom, Microsoft Teams, and Google Meet. So, it looks like Elon Musk isn’t just content with shaking up the social media world—he’s got his sights set on the video conferencing game too. X Conference is confirmed Chris Park, an X employee, gave us a sneak peek […]]]>

X Conference is the answer to big names like Zoom, Microsoft Teams, and Google Meet. So, it looks like Elon Musk isn’t just content with shaking up the social media world—he’s got his sights set on the video conferencing game too.

X Conference is confirmed

Chris Park, an X employee, gave us a sneak peek last week when he hosted a team conference using this new X feature. And guess who chimed in? None other than Elon himself, dropping a fire emoji in the replies—because that’s Musk for you, always keeping it short but significant. If that’s not a low-key confirmation, we don’t know what is.

Now, Chris didn’t just stop at hosting the conference; he shared some early feedback too. The main takeaways? The tool needs better visual cues when someone enters or leaves a meeting, a way to pin speakers or participants so they don’t disappear mid-discussion, and a bit more stability on the main screen so you don’t keep staring at your own face or someone else’s. Sounds like they’re still fine-tuning things, which is fair game for a tool that’s clearly in its beta phase.

x conference
X hasn’t dropped an official release date (Image credit)

But here’s where it gets interesting—Nima Owji, another eagle-eyed app researcher, let us in on another little detail. Each X Conference will come with a unique code you’ll need to punch in to join. This might sound familiar if you’ve ever used Zoom or Meet, and that’s probably the point. X isn’t just looking to join the video conferencing club; it’s aiming to play by the same rules, but with its own twist.

And let’s be real, this move is bold. With remote work still going strong and companies needing reliable video conferencing tools, X is diving into a space that’s crowded but far from saturated. They’ve got the infrastructure and the user base—two things that could give them a serious leg up if they get the execution right.


Elon Musk brings the real Grok 2 to the stage


But don’t get too excited just yet. X hasn’t dropped an official release date, so we’re all just going to have to sit tight and see how this unfolds. What we do know is that Elon Musk isn’t one to shy away from a challenge, and if anyone can turn a social media platform into a multifaceted tech powerhouse, it’s probably him.

So, keep an eye out—X Conference might just be the next big thing in your work-from-home toolkit. Or, at the very least, it’s something worth watching as Musk continues his relentless quest to disrupt just about every industry he touches.


Featured image credit: BoliviaInteligente/Unsplash

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Meta, censorship, and politics: Mark Zuckerberg’s revelations https://dataconomy.ru/2024/08/27/meta-censorship-politics-mark-zuckerberg/ Tue, 27 Aug 2024 10:58:45 +0000 https://dataconomy.ru/?p=57271 Meta CEO Mark Zuckerberg has brought to light the alleged censorship exerted by the U.S. government regarding content moderation during the COVID-19 pandemic. The tech mogul’s statements, contained within a letter addressed to the U.S. House of Representatives’ Judiciary Committee, have ignited discussions concerning the influence of politics on social media content policies. Meta CEO’s […]]]>

Meta CEO Mark Zuckerberg has brought to light the alleged censorship exerted by the U.S. government regarding content moderation during the COVID-19 pandemic. The tech mogul’s statements, contained within a letter addressed to the U.S. House of Representatives’ Judiciary Committee, have ignited discussions concerning the influence of politics on social media content policies.

Meta CEO’s censorship claims

Zuckerberg’s letter explicitly details interactions with the Biden Administration during 2021. He states, “In 2021, senior officials from the Biden Administration, including the White House, repeatedly pressured our teams for months to censor certain COVID-19 content, including humor and satire.” The Meta CEO expressed regret over the company’s decision to yield to this pressure, emphasizing that the government’s intervention was inappropriate.

The discourse around social media content moderation is not new. Platforms like Facebook have frequently been criticized for how they handle misinformation and the balance they strike between free expression and public safety. Throughout the pandemic, Facebook removed over 20 million posts that were judged to contain harmful misinformation about COVID-19. This action has been part of a broader contention over the role social media companies should play in regulating user content.

Mark Zuckerberg highlights political pressure

Adding to the controversy, Zuckerberg also touched on past actions concerning political content, specifically referencing the company’s handling of a New York Post article about Hunter Biden prior to the 2020 U.S. presidential election. Initially, Facebook had demoted the visibility of this story following warnings from the FBI about potential Russian disinformation. Zuckerberg now regrets this decision, stating, “It’s since been made clear that the reporting was not Russian disinformation, and in retrospect, we shouldn’t have demoted the story.”

Meta, censorship, and politics: Mark Zuckerberg's revelations
Meta CEO Mark Zuckerberg has brought to light the alleged censorship exerted by the U.S. government regarding content moderation (Image credit)

This admission comes at a critical time as the U.S. gears up for another presidential election, with debates intensifying around the neutrality of social media platforms. Zuckerberg has vowed to maintain a non-partisan stance, emphasizing, “My goal is to be neutral and not play a role one way or another—or to even appear to be playing a role.” He also declared his intention to abstain from making political contributions similar to those he made during the last election cycle, which some perceived as politically biased.

The response from political figures has been polarized. Ohio Representative Jim Jordan, a Republican, lauded Zuckerberg’s letter as a “big win for free speech.” He has been vocal about his belief that the Biden administration has unduly influenced social media platforms to suppress conservative viewpoints. The recent disclosures by Zuckerberg have provided him and like-minded individuals with additional ammunition in this ongoing debate.


Secretive deal exposed between Google and Meta


Conversely, the White House defended its approach during the pandemic in a statement, asserting that the administration promoted responsible actions to safeguard public health and encouraged private companies to consider the impact of their decisions on the American populace. The statement reinforced the administration’s stance: “Our position has been clear and consistent: we believe tech companies and other private actors should take into account the effects their actions have on the American people, while making independent choices about the information they present.”

Zuckerberg’s disclosures are part of a larger, ongoing conversation about the extent to which social media platforms should police their content. The debate encompasses a range of opinions, from those advocating for minimal interference to those who believe in proactive measures to prevent the spread of harmful content.

As social media continues to be a primary forum for public discourse, the tension between free speech and content moderation remains a contentious issue. With social media executives like Zuckerberg and Twitter’s former CEO Jack Dorsey expressing regrets over past moderation decisions, the dialogue about the appropriate level of content control and its implications for free speech is likely to continue.


Featured image credit: Meta

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Is Telegram getting banned in India? https://dataconomy.ru/2024/08/27/is-telegram-getting-banned-in-india/ Tue, 27 Aug 2024 09:59:08 +0000 https://dataconomy.ru/?p=57254 The potential Telegram ban in India has captured the attention of both the government and the public as investigations intensify into the messaging app’s operations. With over 5 million users in India, the outcome of these probes could drastically alter the digital communication landscape and set precedents for internet governance in the country. What’s the […]]]>

The potential Telegram ban in India has captured the attention of both the government and the public as investigations intensify into the messaging app’s operations. With over 5 million users in India, the outcome of these probes could drastically alter the digital communication landscape and set precedents for internet governance in the country.

What’s the reason behind the potential Telegram ban in India?

Authorities are particularly concerned about the allegations that Telegram’s peer-to-peer (P2P) communication features might be facilitating unlawful activities like gambling and extortion. This concern has prompted both the Ministry of Home Affairs and the Ministry of Electronics and Information Technology to delve deeply into the platform’s operations, examining whether a Telegram ban in India would be a necessary measure to protect national security and enforce cyber law compliance.


Telegram CEO Pavel Durov is under arrest in France


Amidst this domestic scrutiny, the recent arrest of Telegram’s founder, Pavel Durov, in France over inadequate content moderation policies has added an international dimension to the debate. French officials have argued that the platform’s lack of moderators fosters an environment ripe for criminal activities, a viewpoint that resonates with Indian regulators and bolsters the case for a possible Telegram ban in India.

Sources within the Ministry of Electronics and Information Technology have indicated that the ministry, while not directly conducting criminal investigations, is actively consulting with the Ministry of Home Affairs. The focus is on assessing the severity of the complaints against Telegram and the similarities between the situations in India and France. This assessment is crucial as it could directly influence the decision on implementing a Telegram ban in India.

telegram ban in india
The potential Telegram ban in India has captured the attention of both the government and the public (Image credit)

As the situation unfolds, the broader implications of such a ban are being hotly debated within the tech community. Privacy advocates and digital rights activists argue that while regulation is necessary, outright bans could undermine the privacy rights of millions of users and stifle digital freedoms. Conversely, proponents of strict regulation argue that tech platforms must be held accountable for preventing their services from becoming conduits for illegal activities.

The decisions made in the coming weeks will not only affect Telegram’s operations in India but could also signal how the government plans to navigate similar challenges with other tech companies in the future.


Featured image credit: Lana Codes/Unsplash

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Yes, Aniwave (old 9anime) is down forever https://dataconomy.ru/2024/08/27/yes-aniwave-old-9anime-is-down-forever/ Tue, 27 Aug 2024 08:33:44 +0000 https://dataconomy.ru/?p=57241 Aniwave is shut down forever. In the announcement, Aniwawe reflected on its journey, acknowledging, “It is difficult to part with something we have invested so much effort and passion into, but it is something we need to do.” The platform also urged its users to turn to legal paid services, emphasizing that, “Every game must […]]]>

Aniwave is shut down forever. In the announcement, Aniwawe reflected on its journey, acknowledging, “It is difficult to part with something we have invested so much effort and passion into, but it is something we need to do.” The platform also urged its users to turn to legal paid services, emphasizing that, “Every game must have an end…and life is about experiences. Every mistake teaches us lessons that help us grow.” This marks the end of an era for Aniwawe’s community, as the platform steps down after years of serving anime enthusiasts.

The news came as the platform shared a heartfelt message with its users, reflecting on the journey since its inception and expressing gratitude for the support it received over the years. The decision to close down Aniwawe, which has been a significant player in the anime streaming space, marks the end of an era for its community.

Why did Aniwave shut down?

The reasons behind Aniwawe’s shutdown have not been explicitly detailed in their farewell message, but the closure hints at a broader shift towards supporting legal paid services in the content industry. Aniwawe’s statement emphasized the importance of respecting content creators, suggesting that legal and ethical considerations may have played a role in their decision to close down.

The main motivation behind the Aniwawe shutdown

The main motivation behind the Aniwawe shutdown appears to be a growing recognition of the importance of adhering to legal standards in content distribution. While the platform didn’t explicitly detail the reasons for its closure, their farewell message emphasized the need to respect content creators by encouraging users to transition to legal paid services. This suggests that legal considerations, likely surrounding intellectual property rights and the broader crackdown on unauthorized streaming services, played a significant role in the decision to shut down.

Yes, 9anime is down forever- Aniwave shut down explained
Yes, 9anime is down forever- Aniwave shut down explained (Image credit)

Is Aniwave down forever?

Yes, Aniwawe’s shutdown appears to be permanent. The platform has bid farewell to its users, expressing gratitude for the support over the years while clearly stating that this is a necessary step. They have also encouraged their community to back up their bookmarks before the site is completely closed, indicating that there will be no return or revival of the service in its current form.

Yes, 9anime is down forever- Aniwave shut down explained
Yes, 9anime is down forever- Aniwave shut down explained (Image credit)

Aniwave alternative

If you’re looking for other options, you can consider legal alternatives.

Crunchyroll: Legal 9anime alternative with official streams

Crunchyroll is the premier legal alternative to 9anime, offering a vast library of officially licensed anime streams. Known for its high-quality videos and timely releases, Crunchyroll provides viewers with a legitimate way to enjoy their favorite anime series. The platform also offers simulcasts of new episodes shortly after they air in Japan, making it a top choice for legal streaming.


AI-generated anime: Turning your ideas into animated reality


Featured image credit: All Blog Things

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Telegram CEO Pavel Durov is under arrest in France https://dataconomy.ru/2024/08/26/why-is-telegram-ceo-arrested/ Mon, 26 Aug 2024 07:19:34 +0000 https://dataconomy.ru/?p=57162 Pavel Durov, the founder and CEO of Telegram, was arrested at Le Bourget airport in France under somewhat murky circumstances. His arrest has been the subject of much speculation, especially on social media platforms, including Telegram itself. While official details remain uncertain, the initial reports came from the French television network TF1, which claimed that […]]]>

Pavel Durov, the founder and CEO of Telegram, was arrested at Le Bourget airport in France under somewhat murky circumstances. His arrest has been the subject of much speculation, especially on social media platforms, including Telegram itself. While official details remain uncertain, the initial reports came from the French television network TF1, which claimed that the arrest was based on a preliminary police investigation.

Why is Telegram CEO arrested?

The core of the issue appears to be linked to allegations concerning Telegram’s content moderation practices, or rather, the perceived lack thereof. According to TF1, French authorities suspect that Telegram’s platform has been used for illegal activities, including drug trafficking, money laundering, and the sharing of child pornography. Because Telegram has been criticized for not fully cooperating with law enforcement and for not having stringent enough content moderation policies, Durov himself is being implicated as an accomplice to these criminal activities.

The broader debate here revolves around the responsibility of messaging apps like Telegram for the content shared by their users. Telegram has always championed itself as a platform for free speech and privacy, often resisting pressures to censor or control user content. However, this position has also led to criticism that it provides a haven for illegal activities. The French authorities’ actions against Durov may be seen as part of a broader attempt to enforce stricter regulations on such platforms.

Telegram, in response, has issued a statement asserting that it “abides by EU laws, including the Digital Services Act.” The company argues that its moderation efforts are “within industry standards and constantly improving,” and it is “absurd to claim that a platform or its owner are responsible for abuse of that platform.” This statement highlights the tension between maintaining user privacy and addressing legal obligations to prevent illegal activities.

Durov’s arrest has drawn attention due to his significant role in Telegram, a platform with 950 million active users and a goal of reaching 1 billion this year. With only around 30 engineers running the app, Durov’s leadership is critical to its operations. This arrest may bring further scrutiny to Telegram and spark a broader conversation about the balance between privacy, free speech, and law enforcement on digital platforms.

Potential Telegram ban in India raises concerns

The potential ban of Telegram in India is currently under investigation by the government, prompted by concerns over criminal activities such as extortion and gambling occurring on the platform. The Indian Cybercrime Coordination Centre (I4C) and the Ministry of Electronics and Information Technology (MeitY) are probing these activities to determine whether the messaging app should continue to operate in the country. An anonymous government official has hinted that a ban could be considered depending on the findings of the ongoing investigation.

Why is Telegram CEO arrested
Pavel Durov, the founder and CEO of Telegram, was arrested at Le Bourget airport in France under somewhat murky circumstances (Image credit)

This scrutiny comes in the wake of Telegram CEO Pavel Durov’s arrest in France, linked to similar concerns about the platform’s content moderation policies. Telegram, known for its strong stance on user privacy and encrypted communications, has been a challenge for Indian authorities due to its lack of a physical presence in the country. This absence complicates efforts to request user data and enforce compliance with local laws.

While Telegram complies with India’s IT Rules, which require appointing a nodal officer and publishing compliance reports, the platform’s ability to manage and monitor criminal activities remains under question. The investigation is not related to these IT rules but rather focuses on the specific allegations of criminal activities on the app. Telegram’s role in recent controversies, such as the UGC-NEET exam paper leak, has further fueled calls for stricter regulation or a potential ban in India.


Fell victim to the Telegram data breach? Do these immediately!


Will Telegram be banned in other countries?

The possibility of Telegram being banned in other countries cannot be ruled out, especially given the growing concerns about how the platform is used for criminal activities such as drug trafficking, money laundering, and the spread of child pornography. The recent arrest of Pavel Durov, Telegram’s CEO, in France has brought these issues into sharper focus, leading to increased scrutiny from governments around the world.

Why is Telegram CEO arrested
Countries that have strict regulations on digital communications, such as those in the European Union, might consider banning Telegram (Image credit)

Different countries have varying levels of tolerance for privacy-focused platforms like Telegram, which often resist government requests for data or content moderation. In some regions, the platform’s commitment to encryption and user privacy is seen as a positive, while in others, it raises significant concerns about national security and public safety.

Countries that have strict regulations on digital communications, such as those in the European Union, might consider banning Telegram if it fails to comply with local laws, particularly if it’s seen as enabling criminal activities. However, a complete ban would be a significant move and would likely only happen if other measures, such as stricter enforcement of existing laws or demands for greater transparency and cooperation from Telegram, prove ineffective.

Prominent figures react to Pavel Durov’s arrest

The arrest of Telegram CEO Pavel Durov in France has sparked a strong reaction from several high-profile figures, who have voiced their concerns about the implications for free speech. Robert F. Kennedy Jr., Elon Musk, and others took to social media to express their support for Durov and to emphasize the importance of protecting free speech in the digital age.

RFK Jr., who recently endorsed former President Trump, highlighted the urgency of defending free speech. “The need to protect free speech has never been more urgent,” Kennedy wrote on X, reacting to Durov’s arrest. This sentiment was echoed by Elon Musk, who posted “#FreePavel” and described the situation as “Dangerous times,” linking it to broader concerns about freedom of expression.

Concerns over censorship and freedom of speech

The arrest has also led to fears that the incident is part of a broader effort to silence dissent and control the flow of information online. Rumble CEO Chris Pavlovski condemned the arrest, stating that France had “crossed a red line” by detaining Durov for what he perceives as refusing to censor speech. Conservative commentator Ian Miles Cheong echoed these concerns, arguing that the arrest represents an attack on freedom of speech, with the potential to turn the internet into “another arm of their propaganda machine.”

These reactions have fueled speculation that governments might target other platforms and figures associated with free speech, with some suggesting that Musk and his platform, X, could be next in line for similar scrutiny. This concern reflects a growing anxiety among free speech advocates about the increasing pressure on digital platforms to moderate content, which they fear could lead to overreach and censorship.


Featured image credit: Dima Solomin/Unsplash

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Elon Musk’s Twitter takeover caused huge trouble for banks https://dataconomy.ru/2024/08/21/elon-musk-twitter-takeover-banks/ Wed, 21 Aug 2024 15:19:33 +0000 https://dataconomy.ru/?p=56979 The loans used by Elon Musk’s Twitter takeover have become the worst merger-finance deal for banks since the financial crisis of 2008-09, according to a report. The seven banks involved in the deal, including Bank of America and Morgan Stanley, provided around $13 billion to take the social media giant private in 2022. Typically, banks […]]]>

The loans used by Elon Musk’s Twitter takeover have become the worst merger-finance deal for banks since the financial crisis of 2008-09, according to a report.

The seven banks involved in the deal, including Bank of America and Morgan Stanley, provided around $13 billion to take the social media giant private in 2022.

Typically, banks that lend cash for takeovers attempt to sell the debt to other investors quickly. However, this has not been possible with the Twitter deal due to the company’s poor financial performance since Musk’s takeover.

As a result, the loans have remained “hung,” or stuck, on banks’ balance sheets.

Elon Musk’s Twitter takeover is record-breakingly awful

The value of the loans declined after the completion of the $44 billion Twitter acquisition, now renamed X. The deal is now in “historic territory” for poor performance, according to the report from The Wall Street Journal.

Citing data from PitchBook LCD, the Twitter loans have been hung longer than every similar unsold deal since the 2008-09 financial crisis.

Elon Musk Twitter takeover
The loans used for Elon Musk’s Twitter takeover are the worst since the 2008 financial crisis (Image credit)

Some of the banks involved in the loan have marked down the value of the loans by hundreds of millions of dollars.

Despite receiving large interest payments on the X loans, the poor performance has impacted the banks’ overall results, contributing to some falling down the ranks in investment banking league tables.

Compensation impacts are not to be overlooked

The Twitter loans and other hung deals have also affected compensation for some bankers. Top investment bankers on Barclays’ mergers and acquisitions team were told last year that their compensation would be cut by a minimum of 40 percent from the prior year, with X being one of the largest contributors to this drop in performance.

X has faced numerous challenges since Musk’s takeover, including a fraught relationship with advertisers, who provide the majority of its revenue. The company filed a lawsuit against an advertising coalition and some of its members earlier this month, alleging a conspiracy to boycott the platform that cost the company billions of dollars.

How much money did Elon lose on Twitter?

As of 2024, Elon Musk’s investment in Twitter (now X) has resulted in significant financial losses.

While the exact amount is difficult to quantify due to ongoing legal proceedings and fluctuating market conditions, estimates suggest that Musk has lost billions of dollars on the acquisition.

Several factors have contributed to these losses, including:

  • Decreased advertising revenue: Advertisers have reduced their spending on Twitter due to concerns about content moderation and potential brand damage.
  • Increased costs: Musk has implemented significant changes to the platform, including layoffs and new features, which have increased operational costs.
  • Debt obligations: The acquisition of Twitter involved a substantial amount of debt, which has added to Musk’s financial burden.

It’s important to note that the situation is still evolving, and the final financial impact of Musk’s ownership of Twitter may change over time.

Elon Musk Twitter takeover
The poor performance of Twitter has affected banks’ overall results and rankings (Image credit)

Why are Twitter employees suing Elon Musk?

Twitter employees are suing Elon Musk for several reasons, primarily related to his actions since acquiring the company in 2022.

Here are some of the main reasons for the lawsuits:

  • Mass layoffs: One of the most significant issues is the mass layoffs that occurred shortly after Musk’s takeover. Many employees were fired without warning or severance pay, leading to legal challenges.
  • Work conditions: Employees have also complained about deteriorating work conditions, including longer hours, increased workload, and a more hostile work environment.
  • Stock options: Some employees have sued over the cancellation of stock options, which were a significant part of their compensation packages.
  • Age discrimination: There have been allegations of age discrimination in the layoffs, with older employees disproportionately affected.
  • Retaliation: Employees who have spoken out against Musk’s policies or filed complaints have alleged retaliation, including demotions, firings, and other adverse actions.

These lawsuits reflect the significant changes and challenges that Twitter employees have faced under Musk’s leadership.

All these ongoing issues combined have further contributed to the poor financial performance of Twitter under Musk’s ownership.


Featured image credit: Ravi Sharma/Unsplash

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Driving change: GM layoffs 2024 explained https://dataconomy.ru/2024/08/20/gm-layoffs-2024-august/ Tue, 20 Aug 2024 14:46:17 +0000 https://dataconomy.ru/?p=56935 GM layoffs 2024 will affect 1,000 jobs worldwide in its software and services division. About 600 of these layoffs will affect employees at GM’s tech campus in Warren, Michigan. Overall, this cut represents around 1.3% of GM’s global salaried workforce, which was 76,000 at the end of the previous year. The affected employees were informed […]]]>

GM layoffs 2024 will affect 1,000 jobs worldwide in its software and services division. About 600 of these layoffs will affect employees at GM’s tech campus in Warren, Michigan. Overall, this cut represents around 1.3% of GM’s global salaried workforce, which was 76,000 at the end of the previous year. The affected employees were informed on August 19, 2024.

The story behind the GM layoffs 2024

GM decided to make these layoffs after a review of its software and services division. The company wants to make its operations simpler and more efficient. The software and services division includes:

  • Infotainment systems: The technology that provides entertainment and information in vehicles.
  • OnStar: GM’s safety and security service for vehicles.
  • Subscription services: New ways to make money from software features and services.
  • Software development: Improving and developing new software for vehicles, including advanced driver-assistance systems.
GM layoffs 2024
(Credit)

Leadership changes

GM layoffs follow recent changes in the leadership. Mike Abbott, who had been hired from Apple as GM’s first executive vice president of software, left the company in March 2024 due to health issues. Two new executives have taken over his role:

  • Baris Cetinok: Now Senior Vice President of Software and Services Product Management. Cetinok will manage the development and planning of GM’s software products.
  • Dave Richardson: Senior Vice President of Software and Services Engineering. Richardson will handle software engineering, including platforms, digital products, and advanced driver-assistance systems like GM’s Super Cruise.

What do the GM layoffs in 2024 mean?

The car industry is undergoing big changes with more focus on electric vehicles and new software technologies. Companies are investing a lot in these new areas to stay competitive. For GM, making money from software and services is becoming more important. The company is looking into recurring revenue models, like subscriptions, to boost profits.

The layoffs at GM reflect a wider trend in the car industry where companies are cutting costs and jobs to adapt to market changes and economic uncertainty. While these layoffs are significant, GM believes they are necessary to focus resources and strengthen its position in the evolving market.

Looking ahead

As GM moves forward, it is focusing on improving its operations and investing in key areas that will drive future success. By cutting jobs in its software and services division, GM aims to become more efficient and well-positioned for growth in the competitive automotive market.


Featured image credit: GM

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Overcoming Challenges, Embracing AI: The Volodymyr Panchenko Story https://dataconomy.ru/2024/08/20/embracing-ai-volodymyr-panchenko/ Tue, 20 Aug 2024 12:45:33 +0000 https://dataconomy.ru/?p=56820 In the heart of Ukraine, a young entrepreneur named Volodymyr (Vlad) Panchenko embarked on a journey that would lead him from the gaming world to the forefront of AI innovation. His story is one of resilience, vision, and an unwavering commitment to empowering small and medium businesses (SMBs) worldwide. Vlad Panchenko’s entrepreneurial spirit ignited early […]]]>

In the heart of Ukraine, a young entrepreneur named Volodymyr (Vlad) Panchenko embarked on a journey that would lead him from the gaming world to the forefront of AI innovation. His story is one of resilience, vision, and an unwavering commitment to empowering small and medium businesses (SMBs) worldwide.

Vlad Panchenko’s entrepreneurial spirit ignited early on. He founded his first company at the age of 16, and by 23, he had already built several successful ventures. His experiences in the gaming industry, where he created virtual item marketplaces and esports platforms, taught him valuable lessons that would shape his approach to building Portal.ai, his most ambitious venture yet.

From In-game Items to AI for SMBs

Portal.ai, founded in 2023, specializes in helping small to medium-sized businesses streamline their operations by centralizing data and functions. The platform integrates data from sources like Shopify, Amazon, Google, Wix, Quickbooks, and Meta, covering key areas such as operations, marketing, finance, and logistics to provide a holistic view of the business. In June 2024, Portal.ai raised $5m in a pre-seed round to help business owners implement its AI-driven operations.

Before Portal.ai, Panchenko founded DMarket, a global cross-game marketplace enabling gamers worldwide to trade and exchange in-game items across any gaming platform, creating an opportunity for over two billion gamers to buy and sell their virtual goods. DMarket was acquired by Mythical Games in 2022.

From in-game items to AI for businesses, Panchenko’s entrepreneurial path has been unique, but the key lessons he learned along the way remain the same.

One of the most important lessons Panchenko learned is the power of great teams. “No great idea will come to life without a great team,” Panchenko told me. “Effective communication, collaboration, and execution are the cornerstones of success.”

Overcoming Challenges and Seeing Beyond the Horizon

Panchenko’s journey hasn’t been without its challenges. He faced skepticism and doubt from those who didn’t share his vision. But instead of discouraging him, this fueled his motivation.

“Throughout my journey, many people laughed at my ideas and told me, ‘It’s not going to work,'” Panchenko said. “Instead of discouraging me, this fueled my motivation. I see potential where others don’t – recognizing future trends and latent demands before they become obvious.”

This ability to see beyond the horizon has been a defining characteristic of Panchenko’s career. He recognized the transformative power of AI early on and saw its potential to revolutionize the way SMBs operate.

“The most important tech trends are the evolution of large language models, the decreasing cost of computing, and a new product vision defined by AI-based products,” Panchenko said. “The unique aspect of this moment is that LLMs can already communicate in many languages. Simultaneously, the methodologies and mathematics behind them are universal.”

Portal.ai: A Vision for the Future of SMBs

Portal.ai is Panchenko’s vision for the future of SMBs. The platform serves as a digital chief of operations, providing businesses with the tools and insights they need to thrive in the digital age. It integrates essential data from marketing, sales, finance, and logistics, offering a 24/7 operational picture and actionable advice.

“Portal.ai stands to transform 400 million small and medium businesses, the backbone of a $60 trillion global economy,” Panchenko said. “We’re offering tools previously accessible only to the top 1% of corporations. Our digital CXOs provide best practice methodologies, allowing businesses to operate with unprecedented efficiency and success.”

Panchenko’s commitment to Portal.ai goes beyond just building a successful company. He sees it as his life’s work, a chance to make a meaningful impact on the world.

“Portal.ai is the evolution of everything I’ve done before,” Panchenko said. “Along with the top-notch team we’ve assembled, this venture is on another level, offering a chance to impact the entire world in a meaningful way.”

Resilience and Responsibility

Of course, many people in the world want to make a meaningful impact on the world. Some never get past the idea stage, many lack the experience to execute the idea at this stage of their career, and some show that their intentions are very different from their actions. 

Others react to difficult situations and apply the lessons to both their personal life and their work. The war in Ukraine had a profound impact on Panchenko, leading him to help DMarket employees relocate. This experience deepened his sense of responsibility and the role of leadership during a crisis.

“That experience deepened my sense of responsibility and the role of leadership during a crisis,” Panchenko said. “It taught me that you should never stop doing good and standing by your beliefs. The most important thing I’ve learned is that no matter how long it takes or what effort is required, staying true to your values and caring for others is paramount.”

The Road Ahead for Portal.ai

As Portal.ai continues to grow and evolve, Panchenko remains focused on his mission to democratize AI and empower SMBs worldwide.

“The next step for Portal.ai is global adoption and scaling, reaching billions of successful customers,” Panchenko said. “We envision a world where every small and medium business can harness the power of AI to achieve unprecedented levels of success. Our mission is to democratize access to top-tier operational methodologies, transforming not just businesses but entire economies.”

Volodymyr Panchenko’s journey is a testament to the power of entrepreneurship, resilience, and a vision for a better future. With Portal.ai, he is leading the charge to democratize AI and unlock the full potential of SMBs worldwide. His story is an inspiration to all those who dare to dream big and make a difference in the world.

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Procreate draws the line: No AI allowed in their creative tools https://dataconomy.ru/2024/08/20/procreate-draws-the-line-no-ai-allowed-in-their-creative-tools/ Tue, 20 Aug 2024 08:42:40 +0000 https://dataconomy.ru/?p=56883 Procreate, the widely-used iPad illustration app, has made a statement that artists have applauded, saying they oppose the integration of generative AI. CEO James Cuda announced this decision in a video, leaving no room for doubt: “We’re not going to be introducing any generative AI into our products.” This statement was officially like intimidation to […]]]>

Procreate, the widely-used iPad illustration app, has made a statement that artists have applauded, saying they oppose the integration of generative AI.

CEO James Cuda announced this decision in a video, leaving no room for doubt: “We’re not going to be introducing any generative AI into our products.” This statement was officially like intimidation to Adobe as they used the slogan “Creativity is made, not generated.” on their official site.

Procreate said: AI is not our future

Procreate’s announcement has been met with widespread approval from digital creatives, who have grown increasingly wary of how AI might shape the future of their industry. Many feel that AI-generated content could undermine the very essence of artistic creativity, which relies on human emotion, experience, and skill. Cuda’s statement, “I don’t like what’s happening to the industry, and I don’t like what it’s doing to artists,” resonates deeply with those who believe creativity should remain a human endeavor.

The concerns about AI go beyond just creative integrity. Many artists are worried about the legal and ethical implications of AI, particularly when it comes to using their work to train these models. Generative AI, by its nature, requires vast amounts of data, and much of that data comes from the work of artists who have not given consent or been compensated. This has led to a growing backlash within the creative community, with some even abandoning apps that have begun to integrate AI tools.

Procreate draws the line: No AI allowed in their creative tools
In recent years, several artists have filed lawsuits against AI platforms like Midjourney, accusing them of using their artwork without consent (Image credit)

In recent years, several artists have filed lawsuits against AI platforms like Midjourney, accusing them of using their artwork without consent. One notable case involved artist Greg Rutkowski, whose distinct style was frequently used by AI models without his permission. Another case saw the comic book artist Sarah Andersen join a class-action lawsuit against companies like Stability AI, the creators of Midjourney, and DeviantArt for allegedly scraping millions of images from the internet to train their AI models. These lawsuits underscore the growing tension between the creative community and AI developers, as artists fight to protect their intellectual property and maintain control over their work.

Why Procreate’s stance matters

With so many companies racing to integrate AI, Procreate’s decision to keep it out is a good and traditional one. This commitment is also reflected on their official website: “AI is not our future. Creativity is made, not generated.” The company’s position is clear: while machine learning has its advantages, the current trajectory of productive AI does not align with its vision for the future of creativity.

This decision stands in stark contrast to the actions of some of Procreate’s competitors. For example, Clip Studio Paint, another popular illustration app, was forced to backtrack on its plans for AI-driven image creation after facing backlash from its users. Similarly, companies like Wacom and Wizards of the Coast have apologized for their unintentional use of AI-generated content, showing how sensitive the issue has become within the creative community. Adobe, on the other hand, continues to integrate AI into almost every application and this has been the most criticized aspect of X.

The creative community’s response

The creative community’s reaction to Procreate’s announcement has been overwhelmingly positive. In an industry where subscription models and AI integration have become the norm, Procreate’s commitment to a one-time purchase model and its clear stance on AI have endeared them even further to their user base. The $12.99 price tag, coupled with a pledge to keep AI out of their tools, makes Procreate an increasingly attractive option for artists who feel their choices are becoming limited.

Adobe, on the other hand, has found itself on the receiving end of criticism for its AI initiatives. Despite efforts to build AI tools that are ethically sourced, many in the creative community feel that Adobe has strayed too far from its roots, prioritizing technology over the artists who rely on their products. This sentiment was only amplified when Adobe had to clarify that its AI models are not trained on user content, a statement that did little to soothe the growing discontent.


Featured image credit:

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Trump is now into Taylor Swift deepfakes https://dataconomy.ru/2024/08/19/donald-trump-taylor-swift-ai-images/ Mon, 19 Aug 2024 13:49:26 +0000 https://dataconomy.ru/?p=56826 Did you see the latest Donald Trump Taylor Swift AI images? Former President and next candidate Donald Trump has caused a stir by sharing AI-generated images that falsely suggest pop superstar Taylor Swift supports his 2024 presidential campaign. Although it’s not the first rodeo between Taylor Swift and deepfakes, this latest move has left many […]]]>

Did you see the latest Donald Trump Taylor Swift AI images? Former President and next candidate Donald Trump has caused a stir by sharing AI-generated images that falsely suggest pop superstar Taylor Swift supports his 2024 presidential campaign. Although it’s not the first rodeo between Taylor Swift and deepfakes, this latest move has left many people, especially Swift’s dedicated fans, upset and demanding answers.

Donald Trump Taylor Swift AI images controversy explained

Trump took to his social media platform, Truth Social, to share a series of AI-created images that show Taylor Swift fans—known as Swifties—wearing shirts with the slogan “Swifties For Trump.” One of the most eye-catching images even shows Swift herself, dressed in an Uncle Sam outfit with a message that reads: “TAYLOR WANTS YOU TO VOTE FOR DONALD TRUMP.”

Donald Trump Taylor Swift AI images falsely depicting her as a supporter of his 2024 campaign spark outrage among Swifties.
Donald Trump Taylor Swift AI images spreaded on Truth Social (Credit)

Though the images were labeled as “satire,” Trump’s posts included a fake news article claiming Swift’s fans are turning to support him after a recent terror plot targeting her concerts in Vienna. These posts have been seen as a desperate attempt by Trump to attract attention to his campaign, which has been struggling.

Swifties respond

Swift’s fans’ reaction was immediate and strong. Many were outraged, calling the images misleading and disrespectful. Some fans even suggested that legal action should be taken. Swift herself has remained silent on the matter, which aligns with her usual approach of avoiding direct political endorsements. Despite her silence, her fans have made it clear they are not happy with Trump’s tactics.

Taylor Swift’s political history

Taylor Swift has not officially endorsed any candidate for the 2024 election. She has mostly kept quiet about her political views, though she did speak out in 2018 to endorse Democratic candidates during the mid-term elections. She also supported Joe Biden and Kamala Harris in 2020, criticizing Trump for his handling of racial issues and for trying to defund the U.S. Postal Service during the election.

In recent years, Swift has been more open about her political beliefs, but she has never endorsed Trump.

Why this matter?

Trump’s use of AI to create fake endorsements raises important questions about the role of technology in politics. While some might see this as a joke, others are concerned about how easily misinformation can spread, especially when it involves public figures like Taylor Swift. After Elon Musk’s Grok 2 came out, making deepfakes is incredibly easy now! Because it has almost no limits, for example, you can generate an image of Taylor Swift flying with a hot dog in seconds!

Donald Trump Taylor Swift AI images falsely depicting her as a supporter of his 2024 campaign spark outrage among Swifties.
Donald Trump Taylor Swift AI images controversy explained (Generated by Grok 2)

As Swift continues her successful Eras Tour with final European dates at Wembley Stadium, there is also speculation about whether she might perform at the upcoming Democratic National Convention in Chicago. However, nothing has been confirmed yet.

The takeaway

Donald Trump Taylor Swift AI images highlight the blurred lines between reality and digital manipulation in modern politics. While the images were labeled as satire, they have sparked a serious conversation about the ethics of using technology to create false narratives.


Featured image credit: Donald Trump/Truth Social

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OpenAI takes down Iranian cluster using ChatGPT to craft fake news https://dataconomy.ru/2024/08/19/openai-takes-down-iranian-fake-news/ Mon, 19 Aug 2024 07:45:23 +0000 https://dataconomy.ru/?p=56845 OpenAI has identified and deactivated a cluster of ChatGPT accounts being used by an Iranian group to create fake news articles and social media comments aimed at influencing the 2024 U.S. elections. This marks the first time OpenAI has detected and removed an operation specifically targeting the U.S. elections, underscoring the growing concern among experts […]]]>

OpenAI has identified and deactivated a cluster of ChatGPT accounts being used by an Iranian group to create fake news articles and social media comments aimed at influencing the 2024 U.S. elections.

This marks the first time OpenAI has detected and removed an operation specifically targeting the U.S. elections, underscoring the growing concern among experts that AI tools like ChatGPT could accelerate the spread of disinformation campaigns by nation-state adversaries.

The discovered operation

As explained in a blog post, OpenAI identified the accounts in question as part of a group known as Storm-2035, which has been linked to creating fake news websites and disseminating them on social media platforms to sway electoral outcomes. The Iranian operators utilized ChatGPT both for crafting long-form fake news stories and writing comments for social media posts.

The topics covered by the fabricated content ranged from the Israel-Hamas war and Israel’s presence at the Olympic Games to the U.S. presidential election. OpenAI linked the accounts to a dozen X (formerly Twitter) accounts and one Instagram account, which have since been deactivated. Meta has also taken down the identified Instagram account, which was reportedly part of a 2021 Iranian campaign targeting users in Scotland.

openai takes down iranian fake news
The Iranian group, known as Storm-2035, aimed to influence the 2024 U.S. elections by generating fake news (Image credit)

In addition to social media activity, the operators created five websites posing as both progressive and conservative news outlets, sharing information about the elections. One example of AI-generated content spotted by OpenAI featured a headline that read, “Why Kamala Harris Picked Tim Walz as Her Running Mate: A Calculated Choice for Unity”.

The impact and future concerns

While most of the social media accounts sharing this AI-fueled disinformation did not gain significant traction, experts warn that the threat is far from over. Ben Nimmo, principal investigator on OpenAI’s intelligence and investigations team, emphasized the importance of remaining vigilant but calm.


EU imposes election guidelines on big tech companies


As the 2024 U.S. elections approach, it remains to be seen whether foreign influence operations will intensify their efforts online. In response to this development, OpenAI has stressed the need for continued innovation in detecting and counteracting disinformation campaigns.

The role of AI in disinformation

The use of AI-assisted tools like ChatGPT to create and disseminate disinformation raises significant concerns about the potential scale and impact of future influence operations. By leveraging advanced algorithms, nation-state adversaries may be able to generate more convincing content at an unprecedented pace, making it challenging for both platforms and users to identify and counteract these efforts.

As AI technology continues to evolve, it is essential for developers, policymakers, and social media platforms to work together to address the risks associated with disinformation campaigns and safeguard the integrity of democratic processes.


Featured image credit: Freepik

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Epic Games Store wins: You can play Fortnite on iOS and Android now https://dataconomy.ru/2024/08/16/how-to-play-fortnite-ios-android-epic-games-store/ Fri, 16 Aug 2024 14:41:34 +0000 https://dataconomy.ru/?p=56776 Good news for Fortnite fans: playing the worldwide Fortnite mobile app on iOS and Android is now possible with the Epic Games Store! Thanks to new EU rules and a long legal battle between Epic Games and Apple, you can now download Fortnite on your phone! A quick recap of a legal battle between Epic […]]]>

Good news for Fortnite fans: playing the worldwide Fortnite mobile app on iOS and Android is now possible with the Epic Games Store! Thanks to new EU rules and a long legal battle between Epic Games and Apple, you can now download Fortnite on your phone!

A quick recap of a legal battle between Epic Games and Apple: Epic Games sued Apple after being removed from the App Store for allowing direct payments in Fortnite, which broke Apple’s rules. Epic argued that Apple’s 30% fee and control over app distribution were unfair and anti-competitive. The court didn’t label Apple a monopoly but ruled that Apple must allow developers to direct users to other payment options.

Sorry Apple, the worldwide Fortnite mobile app for iOS and Android is now available through the Epic Games Store and beyond

Fortnite is returning to iOS in the EU after being removed from the App Store over four years ago. Players can now sideload it through the new Epic Games Store app or AltStore PAL. The launch follows years of legal battles between Epic and Apple and new EU regulations requiring Apple to allow alternative app stores.

Learn how to play Fortnite on iOS and Android again! Thanks to Epic Games Store and new EU rules, the worldwide Fortnite mobile app is back.
Gamers are excited about the return of the worldwide Fortnite mobile app after its long absence (Credit: Epic Games)

The Epic Games Store is also now available for Android users globally. Epic plans to expand to additional app stores, like Aptoide for iOS and ONE Store for Android, and aims to introduce third-party games to its mobile store by December. However, Apple’s fees and regulatory challenges pose obstacles. Developers may face a “Core Technology Fee” for distributing their apps outside the App Store, which could deter some from using third-party stores. Despite these hurdles, Epic remains optimistic about the future, noting that Fortnite’s return is a significant step in their ongoing fight against Apple’s app marketplace control.

How to play Fortnite on iOS now?

To play Fortnite on iOS, follow these steps:
  • Download the Epic Games Store: Visit fortnite.com/download on your Safari browser and tap the “More ways to play” button. Then click iOS. If prompted, go to your device’s Settings and allow installations from Epic Games by tapping “Allow Marketplace From Epic Games.”
Learn how to play Fortnite on iOS and Android again! Thanks to Epic Games Store and new EU rules, the worldwide Fortnite mobile app is back.
How to play Fortnite on iOS?
  • Return to Safari: After adjusting your settings, go back to the Epic Games Store download page and tap “Install” to set up the app.
  • Install Fortnite: Open the Epic Games Store app, find Fortnite, and tap “Install” to download the game.
  • Play Fortnite: Once installed, open Fortnite from the Epic Games Store and start playing.

Make sure your device is running iOS 17.6 or later, and that you’re located in the European Union to access the app.

How to play Fortnite on Android?

To play Fortnite on Android, follow these steps:

  • Download the Epic Games Store: Open your browser and go to fortnite.com/download. Tap the “Get It on Android” button to download the Epic Games Store APK.
  • Install the APK: Once the download is complete, open the APK file from your device’s Downloads folder. You may need to allow installations from unknown sources in your device’s settings if prompted.
  • Open the Epic Games Store: After installation, open the Epic Games Store app on your Android device.
  • Install Fortnite: Search for Fortnite within the Epic Games Store app and tap “Install” to download the game.
  • Play Fortnite: Once the installation is complete, launch Fortnite from the Epic Games Store and start playing.

Now, you know how to play Fortnite on Android. Ensure your device meets the minimum system requirements for Fortnite and has a stable internet connection for the best experience.

It’s celebration time: Fortnite mobile app bonus goals

From now until the release of Fortnite v32.00 in November, players using the Fortnite mobile app can earn exclusive in-game rewards by reaching certain experience (XP) milestones through gameplay.

Learn how to play Fortnite on iOS and Android again! Thanks to Epic Games Store and new EU rules, the worldwide Fortnite mobile app is back.
Downloading the worldwide Fortnite mobile app is easy through the Epic Games Store (Credit)

Here’s a closer look at each reward and how to unlock it:

  • Tactical Kat Wrap25,000 XP
    • Objective: Earn 25,000 XP by playing the game on your mobile device.
    • Reward: This is a special wrap for your weapons and vehicles, featuring a sleek, tactical design.
  • Kat Claws Pickaxe50,000 XP
    • Objective: Accumulate 50,000 XP.
    • Reward: A unique pickaxe designed with cat-themed claws, perfect for adding a touch of style to your gathering routine.
  • Katalina’s Kit Bag Back Bling75,000 XP
    • Objective: Reach 75,000 XP.
    • Reward: This back bling features Katalina’s iconic kit bag, giving your character an adventurous look.
  • Katalina Outfit100,000 XP
    • Objective: Achieve 100,000 XP.
    • Reward: The coveted Katalina Outfit, complete with the full set of accessories, showcasing the character’s distinctive style.

To earn the bonus rewards, play regularly on the Fortnite mobile app and complete in-game challenges to gain XP. Track your progress in the app to see how close you are to unlocking each reward. These items are exclusive to mobile users until the end of Fortnite v32.00 in November. If you don’t reach the XP milestones, the rewards will later be available for purchase in the Item Shop for all players.


Featured image credit: Epic Games

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Psychology of a Gen Z Relationship: Loneliness, Fantasies, and the Role of Technology https://dataconomy.ru/2024/08/16/gen-z-relationships-technology/ Fri, 16 Aug 2024 12:24:54 +0000 https://dataconomy.ru/?p=56744 Why do young people maintain a one-sided relationship with bloggers, performers, and webcam models? What is a delusionship and how do public figures encourage fans to have parasocial relationships with them (and no, that doesn’t mean dating while skydiving)? In this article, we discuss these issues with professional psychologist Tatiana Persico and Stan Kos, founder […]]]>

Why do young people maintain a one-sided relationship with bloggers, performers, and webcam models? What is a delusionship and how do public figures encourage fans to have parasocial relationships with them (and no, that doesn’t mean dating while skydiving)? In this article, we discuss these issues with professional psychologist Tatiana Persico and Stan Kos, founder at YouMatch.

Generation Z, often called Zoomers, includes those born from the late 1990s to the early 2010s. They are usually described as tech-savvy, pragmatic, open-minded, individualistic but also socially responsible. Gen Z has grown up in a digital world, surrounded by smartphones, social media, and instant access to information. For them, swiping, tapping, and scrolling are about as second nature as breathing.

“A specific period of time when a person is born and grows up and always influences their personality formation,” Tatiana Persico, YouMatch Chief Psychologist, and relationship expert, said. 

Zoomers are so immersed in the virtual world that they often don’t separate it from reality and perceive their online activities as an important part of their real, offline life. Sometimes digital can even replace real: instead of going to a restaurant people now offer delivery, and instead of meeting someone we call them or chat with them on social media. It saves us time and energy – but at what cost?

“The ease and effortlessness with which we can get things and emotions online create an illusion that you don’t have to work hard to achieve something,” Persico said. “In some ways, it is cool. Gen Z are more adaptive and motivated and lots of them believe that you just have to find the right tool to achieve literally everything.”

Today, celebrities, bloggers, movies, and music stars all have accounts on social media. For many people, it gives the wrong idea that all those public figures are easily accessible and ready to communicate with everyone. Indeed, when you follow a blogger who shares their pictures and personal thoughts online every day, you start to feel like you know them personally.

This creates a sense of closeness, similar to what you would feel when having a real relationship with someone in offline life.

From Fans to Delulu: The Unsettling Trends in Gen Z Relationships

The merging of real and virtual worlds, offline and online, digital and analog, gave rise to several curious (and, sometimes, unsettling) relationship phenomena.

The term “parasocial” is usually used in the context of young audiences feeling they have a relationship with the influencer due to the huge amount of the influencer’s content they consume. The influencer in question, however, is unaware of the fan’s existence other than the general knowledge of having fans.

“Stanning” is the act of being overly obsessed with an artist/person/character/etc. When you stan a musician or another celebrity it means that you’re a big fan. These relationships can be exacerbated by the influencers confirming they have more than a creator-to-viewer relationship.

Delusionship is a new word created to refer to a type of relationship where one person was delusional the whole time, and the relationship never really existed in the first place, it was all in their mind and delusions. A “delulu” is a delusional fan girl/boy who believes they can/will end up with their favorite idol or celebrity and invests an unhealthy amount of time and energy into their idol.

Developing feelings for a webcam model (or even a relationship with such a model) is another common but rarely discussed phenomenon of the digital age. This attachment is facilitated by repeated exposure, familiarity, and easily accessible, mostly positive interactions. Unlike real-life relationships, interactions with webcam models always prioritize the user’s needs, fostering a false sense of emotional and physical intimacy. This can lead to a fantasy-driven relationship where the user projects romantic ideals onto the model. 

Such fixations can harm real-life relationships by creating unrealistic expectations and diverting attention from genuine connections. The relationship remains transactional and lacks the complexity and mutual consideration found in real-life partnerships, often leading to secrecy and feelings of shame. 

From Screen to Soul: Understanding Gen Z’s Virtual Intimacy

The widespread internet connection and the rise of social media have contributed to changing the psychological profile of an entire generation.

One of the basic human needs is the need for love, belonging, and closeness. When you interact with a virtual companion regularly, you start feeling like you’ve known this person for a long time, understanding each other’s values and views on life. Gradually, you start feeling like you’ve found that special someone who fulfills your need for close relationships.

It doesn’t matter that you’ve never met this person offline. When you have an intense online relationship, it may feel like it’s all real.

“For some people, having a fantasy-like one-sided online relationship that is fully under their control may be a way to deal with loneliness,” Persico said. “However, Generation Z is rarely familiar with the true feeling of loneliness. They have many online friends and can interact with people who share their interests and values daily. Zoomers are very curious; they know how to occupy themselves and set ambitious goals.”

So, for Gen Z, having a relationship with a webcam model may be completely normal. Because of the deep integration of digital and online platforms in their everyday routine, the divide between real and digital may be blurred to the point where they can no longer see the difference. 

When a Zoomer chooses a real offline partner, they usually have a clear idea of why they need this relationship and what future they will have as a couple.

“When choosing dating apps, Gen Z pays attention to details others might overlook,” Kos said. “The old-fashioned apps with their focus on appearances, likes, and dislikes are too boring for the new generation which is more into deeper communication based on shared interests, interesting educational activities, and large gatherings.”

Dating apps of the future should evolve to be more profound and genuine, both in their user interfaces and matching algorithms, as well as in the values they promote.

“These platforms should include features that encourage authentic connections and minimize user burnout,” Kos said. “Enhancing user experiences to foster authenticity, self-care, and self-awareness is essential, as is creating marketing campaigns that showcase successful, harmonious relationships formed through the apps.”

When Zoomers start a relationship in real life, it is important for them that the emotions are more vivid than in online communication. That is why connecting with their hearts and souls is more important for them than simple attraction to someone’s face and body.

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It turns out signing Disney+ could be used against you in a wrongful death lawsuit https://dataconomy.ru/2024/08/15/disney-wrongful-death-lawsuit/ Thu, 15 Aug 2024 13:50:57 +0000 https://dataconomy.ru/?p=56701 The Disney wrongful death lawsuit was filed by Jeffrey Piccolo after his wife, Kanokporn Tangsuan, died from a severe allergic reaction following a meal at Raglan Road Irish Pub in Disney Springs, part of the Walt Disney World resort in Florida. The lawsuit alleges that the restaurant failed to adequately protect Tangsuan, who had known […]]]>

The Disney wrongful death lawsuit was filed by Jeffrey Piccolo after his wife, Kanokporn Tangsuan, died from a severe allergic reaction following a meal at Raglan Road Irish Pub in Disney Springs, part of the Walt Disney World resort in Florida. The lawsuit alleges that the restaurant failed to adequately protect Tangsuan, who had known allergies to dairy and nuts, leading to her untimely death despite efforts to avoid allergens.

You might wonder what Disney+ has to do with this case. To understand, let’s explore Disney’s defense strategy, which revolves around two main points: the terms of the Disney+ subscription Piccolo signed up for in 2019 and the conditions tied to his online purchase of Epcot tickets.

Disney wrongful death lawsuit: Be careful what you signed

Disney’s first argument is based on a Disney+ free trial subscription that Piccolo signed up for in 2019. When he signed up, he agreed to terms and conditions that included a clause requiring all disputes with Disney to be resolved through arbitration instead of going to court. Disney argues that this agreement applies not just to Disney+ issues, but to any disputes involving Disney or its affiliates.

Disney wrongful death lawsuit: Disney argues arbitration for a park incident due to Disney+ and Epcot ticket terms, sparking legal controversyDisney’s legal team believes that by moving the case to arbitration, they can avoid the unpredictability and potential costs of a jury trial. They argue that this arbitration clause should cover the wrongful death claim, even though it’s about an incident at a Disney park, not directly related to the Disney+ service.

The Epcot ticket purchase

Disney is also using the terms associated with Piccolo’s purchase of Epcot tickets as part of their defense. When Piccolo bought these tickets online, he agreed to terms that included limits on Disney’s liability and required disputes to be resolved through arbitration. Disney’s lawyers claim that this agreement further protects the company from being sued in court and should be handled through arbitration instead.

Why is Disney making these arguments?

The defense strategy for the Disney wrongful death lawsuit is focused on enforcing these contracts to limit their legal risks. Arbitration is often seen as a quicker and less expensive way to resolve disputes compared to a court trial. By insisting on arbitration, Disney hopes to control how the case is handled and potentially avoid paying large damages that might come from a jury trial.

Disney’s legal team argues that even though the arbitration agreements were made in contexts unrelated to the incident at the restaurant, they are still legally valid because of the broad language used in the agreements. They are trying to prevent the lawsuit from moving forward in court to minimize the company’s legal exposure.


Disney hacked: Alleged +1TB leak includes secret projects and more


Legal controversy

This arguments have sparked outrage from Piccolo’s legal team, who called Disney’s stance “preposterous” and “outrageously unreasonable.” They argue that Disney’s attempt to link a wrongful death claim to a streaming service subscription is an overreach that undermines basic legal protections for consumers.

“Disney is essentially trying to prevent any of its 150 million Disney+ subscribers from ever taking them to court, regardless of the nature of the claim,” Piccolo’s lawyer, Brian Denney, stated in court documents.

The Disney wrongful death lawsuit seeks damages in excess of $50,000 under Florida’s Wrongful Death Act, including compensation for mental pain and suffering, loss of companionship, and funeral expenses.

Disney wrongful death lawsuit: Disney argues arbitration for a park incident due to Disney+ and Epcot ticket terms, sparking legal controversy
Disney wrongful death lawsuit explained

The broader impact

This case has caught the attention of legal experts and consumer advocates alike. If Disney’s argument prevails, it could set a precedent that allows companies to limit consumers’ legal options through seemingly unrelated service agreements. For now, the outcome remains uncertain, but the case highlights the complexities and potential pitfalls of the fine print in user agreements.

As the Disney wrongful death lawsuit unfolds, it serves as a reminder for consumers to be vigilant about the agreements they sign, even when subscribing to something as seemingly innocuous as a streaming service.

This story is ongoing, and the final outcome could have far-reaching consequences for how corporations manage legal disputes in the digital age.


All images are generated by Eray Eliaçık/Bing

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Sending sass? Twitch’s AI might have the last laugh https://dataconomy.ru/2024/08/13/sending-sass-twitchs-ai-might-have-the-last-laugh/ Tue, 13 Aug 2024 10:18:43 +0000 https://dataconomy.ru/?p=56551 As Twitch integrates AI-driven moderation, it’s clear that the platform is not just targeting overt toxicity but is also aiming to subtly shape the culture of its community. AI will be your judge on Twitch comments Announced via its support channel on X (previously Twitter), Twitch is trialing a new feature over the upcoming weeks […]]]>

As Twitch integrates AI-driven moderation, it’s clear that the platform is not just targeting overt toxicity but is also aiming to subtly shape the culture of its community.

AI will be your judge on Twitch comments

Announced via its support channel on X (previously Twitter), Twitch is trialing a new feature over the upcoming weeks designed to identify and mitigate negative messages. This AI-powered tool prompts users to reconsider their words before posting, with the aim of reducing harassment and enhancing positive engagement on the platform.

“We’re rolling out an experimental prompt powered by machine learning that encourages users to pause before sending chat messages that are potentially harmful. Our goal with this experiment is to help decrease harassment and facilitate more positive interactions on Twitch,” stated Twitch.

The initiative introduces a preemptive message check that activates when a user attempts to post a questionable message. This prompt cautions the user with a reminder that their message might include potentially offensive or disrespectful language, offering a chance to retract or proceed with sending the message. Twitch’s approach reflects a nuanced strategy to mold community interactions, setting a potential standard for other platforms seeking to create a more respectful online dialogue.

Sending sass? Twitch’s AI might have the last laugh
The true test of Twitch’s AI-driven moderation tool will be in its accuracy and effectiveness over time (Image credit)

The true test of Twitch’s AI-driven moderation tool will be in its accuracy and effectiveness over time. While skeptics might simply override the cautionary prompt, the real intrigue lies in how adept the AI is at identifying offensive language accurately. As Twitch rolls out this pilot, curious users, myself included, are likely to test the limits of this technology—starting with playful, yet potentially flagged phrases like “you are a b*tthead” during live streams.

Not only that, Twitch’s reminder to stay tuned suggests ongoing refinements and updates to this feature. It’s a timely nudge for users to remember that every message—public or private—is stored and could resurface.


Featured image credit: Caspar Camille Rubin/Unsplash

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The Trump-Musk interview was delayed with an alleged DDoS attack https://dataconomy.ru/2024/08/13/the-trump-musk-interview-was-delayed-with-an-alleged-ddos-attack/ Tue, 13 Aug 2024 07:57:35 +0000 https://dataconomy.ru/?p=56542 Despite the technical hiccup, the interview featuring Elon Musk and Donald Trump finally went underway after a brief delay. The Trump-Musk interview made headlines with cybersecurity rather than politics The joint event was set to spotlight Trump’s re-engagement with X, the platform Musk oversees. Enthusiasm was palpable, reflected in the overwhelming traffic that initially brought […]]]>

Despite the technical hiccup, the interview featuring Elon Musk and Donald Trump finally went underway after a brief delay.

The Trump-Musk interview made headlines with cybersecurity rather than politics

The joint event was set to spotlight Trump’s re-engagement with X, the platform Musk oversees. Enthusiasm was palpable, reflected in the overwhelming traffic that initially brought server issues, mirroring a DDOS attack’s effect due to the sheer volume of access attempts.

“This Space is not available,” stated a prompt message on X when someone tried to join the Space.

Musk had dubbed this session a “conversation” rather than a formal interview, setting a casual tone for the exchange between these two high-profile figures.

Is DDoS attack on X real?

It should be noted, of course, that a DDoS attack works by overloading servers with too many requests, something that’s indistinguishable from getting a lot of visitors to a given website at once. And given the interest in both Musk and Trump as large fascist personalities, there’s obviously widespread interest in this little chat they had planned.

Trump-Musk interview
The interview featuring Elon Musk and Donald Trump finally went underway after a brief delay

Despite initial speculations of a DDoS attack due to the server issues, sources confirmed to The Verge that the cause was simply an overwhelming number of user accesses, not a cyber attack. This clarification came from inside the company, highlighting the platform’s capacity to attract immense attention and underscoring the importance of such digital venues for high-profile discussions.


Behind the X lawsuit files: Elon Musk sues advertisers over U.S. antitrust law


Elon Musk revealed on X that the platform had successfully tested its system to support up to 8 million concurrent listeners earlier that day. This was in preparation for the anticipated influx of users eager to tune into the conversation between him and Donald Trump. Despite this robust setup, the possibility that the number of listeners exceeded these preparations is not far-fetched, given the global scale of interest in both figures.

In a separate yet related development, the Trump campaign recently confirmed a security breach after POLITICO received documents from an anonymous source. The campaign attributed the hack to “foreign sources hostile to the United States,” referencing a Microsoft report that identified a spear phishing attempt by Iranian hackers targeting a senior official within a presidential campaign in June.

Trump-Musk interview
Elon Musk, during his widely watched interview with Donald Trump, expressed a keen interest in joining a future Trump administration

Elon Musk wants roles from Trump, interview reveals

Amid these security concerns, Elon Musk, during his widely watched interview with Donald Trump, expressed a keen interest in joining a future Trump administration. Musk proposed the creation of a government efficiency commission aimed at ensuring the prudent use of taxpayer funds.

“I think it would be great to just have a government efficiency commission that takes a look at these things and and just ensures that taxpayer money… is spent in a good way. I’d be happy to help out on such a commission,” Musk stated, signaling his willingness to blend his tech expertise with government operations. He is eyeing a role that could influence governmental efficiency and fiscal responsibility.


Image credits: Kerem Gülen/Midjourney

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You can now say: Take notes for me Google Meets https://dataconomy.ru/2024/08/12/take-notes-for-me-google-meets/ Mon, 12 Aug 2024 14:44:45 +0000 https://dataconomy.ru/?p=56515 Google Meet is introducing a new AI-powered feature called “Take notes for me,” aimed at enhancing productivity during meetings by automating the note-taking process. This innovative feature is part of the broader Google Gemini suite of AI tools and will be available to users with specific Google Workspace licenses, including Gemini Enterprise, Gemini Education Premium, […]]]>

Google Meet is introducing a new AI-powered feature called “Take notes for me,” aimed at enhancing productivity during meetings by automating the note-taking process. This innovative feature is part of the broader Google Gemini suite of AI tools and will be available to users with specific Google Workspace licenses, including Gemini Enterprise, Gemini Education Premium, and AI Meetings and Messaging Add-on.

How to control take notes for me on Google Meet?

Initially, the feature will be controllable by Google Workspace administrators, who can enable or disable it for specific users or entire organizations via the admin console. Admins can navigate to Apps > Google Workspace > Google Meet > Gemini Settings to manage the availability of this feature. The phased rollout of “Take notes for me” will begin on August 13, 2024, with full availability expected by August 21, 2024.

The “Take notes for me” feature utilizes advanced Google AI to transcribe and summarize meeting discussions in real-time. The AI-generated notes are then stored in the meeting owner’s Google Drive, adhering to the organization’s configured Meet retention policies. This functionality not only facilitates easier sharing of meeting details with absentees but also ensures that critical information is accessible and searchable within the drive, enhancing the efficiency of information retrieval.

However, it is important to note that while the AI is sophisticated, there is still a possibility of transcription errors. Despite this, the feature provides significant value by capturing the essence of meetings and reducing the manual effort required to document discussions. This allows participants to focus more on the meeting content rather than the logistics of note-taking.

You can now say: Take notes for me Google Meets
The “Take notes for me” feature utilizes advanced Google AI to transcribe and summarize meeting discussions in real-time (Image credit)

Google Meet’s integration of this AI feature is a step towards making virtual collaboration more seamless and efficient. By leveraging AI to handle routine tasks, Google is enabling users to devote more attention to substantive discussions and decision-making processes. This aligns with the broader trend of integrating AI into everyday workflows to enhance productivity and operational efficiency.

The feature’s compliance with existing Google Meet retention policies and its secure storage within Google Drive addresses potential concerns about data privacy and security. Organizations can be assured that their data remains protected while benefiting from the enhanced functionality.

In summary, Google Meet’s “Take notes for me” feature represents a significant advancement in the use of AI to improve virtual meeting experiences. By automating the note-taking process, it allows users to concentrate on the content of their meetings, thereby enhancing productivity and collaboration. As this feature rolls out, it is poised to become an invaluable tool for Google Workspace users, driving greater efficiency and effectiveness in digital communication and collaboration.


Featured image credit: Google

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Answering every question you have about the EVIT data breach https://dataconomy.ru/2024/08/12/evit-data-breach-answering-all-questions/ Mon, 12 Aug 2024 13:39:17 +0000 https://dataconomy.ru/?p=56499 On January 9, 2024, the East Valley Institute of Technology (EVIT) experienced a significant cybersecurity incident. This breach, now known as the EVIT data breach, saw unauthorized access to the institution’s network, potentially compromising the personal information of over 200,000 individuals. With 48 categories of sensitive data at risk, the breach has raised concerns among […]]]>

On January 9, 2024, the East Valley Institute of Technology (EVIT) experienced a significant cybersecurity incident. This breach, now known as the EVIT data breach, saw unauthorized access to the institution’s network, potentially compromising the personal information of over 200,000 individuals. With 48 categories of sensitive data at risk, the breach has raised concerns among students, parents, and faculty about the security of their personal information.

What is the EVIT data breach?

The EVIT data breach is a significant cybersecurity incident that targeted the East Valley Institute of Technology (EVIT), a career training school. On January 9, 2024, threat actors managed to infiltrate EVIT’s network, gaining unauthorized access to sensitive data. This breach involved roughly 48 different categories of personally identifiable information (PII), potentially impacting over 200,000 individuals. The compromised data included various types of sensitive information such as Social Security numbers, student ID numbers, dates of birth, home addresses, and even medical and financial records. Despite the severity of the breach, EVIT has assured that this attack had a limited impact on its operations and has taken extensive measures to secure its systems and protect the affected individuals.

When did the EVIT data breach occur?

The EVIT data breach occurred on January 9, 2024. On this date, EVIT discovered that it had become the target of a sophisticated cyber attack. The incident involved unauthorized access to the institution’s network, which subsequently led to the potential exposure of a vast amount of sensitive information belonging to current and former students, faculty, and parents. In response to the breach, EVIT promptly took corrective actions to investigate the incident, secure its systems, and notify the appropriate authorities. The institution also engaged third-party cybersecurity experts to conduct a thorough investigation and ensure that all vulnerabilities were addressed.

EVIT data breach
The EVIT data breach occurred on January 9, 2024. On this date, EVIT discovered that it had become the target of a sophisticated cyber attack

How many individuals were affected by the EVIT data breach?

The EVIT data breach impacted a significant number of individuals, with records indicating that 208,717 people were affected. This group includes current and former students, faculty members, and parents. The compromised information varied by individual, encompassing up to 48 different categories of personally identifiable information (PII). While not all data was compromised for every individual, the breach’s scope underscores the seriousness of the incident. EVIT has since taken steps to notify all potentially impacted individuals and is offering identity theft protection services through IDX. These services include 12 months of CyberScan monitoring, a $1,000,000 insurance reimbursement policy, and fully managed identity theft recovery services, aiming to mitigate the potential risks posed by the breach.


Understanding what data breach is in 4 steps


What types of information were compromised in the EVIT data breach?

The EVIT data breach involved the potential exposure of a wide array of personally identifiable information (PII). Specifically, 48 categories of sensitive data were at risk, including but not limited to:

  • Class lists
  • Student ID numbers
  • Dates of birth
  • Race/ethnicities
  • Grades
  • Course schedules
  • Home phone numbers
  • Email addresses
  • Home addresses
  • Parent/guardian names
  • Transcripts
  • Individualized education plans (IEP) or 504 plans
  • Social Security numbers
  • Driver’s licenses or State IDs
  • Financial aid information
  • Class ranks
  • Places of birth
  • Taxpayer identification numbers
  • Tribal IDs
  • Account numbers and routing numbers
  • Health insurance information
  • Disciplinary files
  • Medical information, including diagnosis and treatment details
  • Passport numbers
  • Username and password pins or login information
  • Biometric data
  • Military ID numbers

This diverse set of data points underscores the breadth of the breach and the potential impact on affected individuals.

How did the EVIT data breach happen?

The EVIT data breach occurred when threat actors gained unauthorized access to the institution’s network on January 9, 2024. This cyber attack involved sophisticated methods to infiltrate EVIT’s systems, allowing the attackers to potentially access and compromise a vast amount of sensitive information. Despite the breach, EVIT managed to limit the operational impact, immediately initiating an investigation and taking steps to contain and remediate the threat. The institution has since worked with third-party cybersecurity experts to conduct a thorough review and bolster its defenses against future attacks.

What steps has EVIT taken to secure its systems after the data breach?

Following the EVIT data breach, the institution implemented a comprehensive range of measures to secure its systems and protect against future incidents. These steps include:

  • Locking down VPN access
  • Deploying Endpoint Detection and Response (EDR) software
  • Implementing 24×7 monitoring for potential threats
  • Revoking privileged user access for parents or guardians
  • Changing all service account passwords and user passwords
  • Revoking domain trust and performing domain cleanup
  • Rebuilding or replacing nineteen virtual servers to ensure none of the prior compromised servers were brought back onto the network

Additionally, EVIT reported the incident to the three largest nationwide consumer reporting agencies and appropriate authorities. The institution has also engaged third-party experts to assist in hardening its network infrastructure and enhancing data protection protocols.

EVIT data breach
The EVIT data breach occurred when threat actors gained unauthorized access to the institution’s network

Has any of the compromised data from the EVIT breach been published online?

As of the latest updates provided by EVIT, there has been no discovery of any compromised data being published online. The institution has taken extensive measures to monitor for such activity and remains vigilant in protecting the sensitive information of those affected by the breach.

What should individuals do if they are affected by the EVIT data breach?

Individuals affected by the EVIT data breach are advised to take immediate steps to protect themselves from potential harm. Recommended actions include:

  • Closely monitoring financial accounts for any suspicious activity.
  • Placing a credit freeze and/or fraud alert on their credit file by contacting one of the three major credit bureaus (Equifax, Experian, TransUnion).
  • Filing an identity theft report with the Federal Trade Commission (FTC) at IdentityTheft.gov.
  • Checking credit reports periodically to spot any issues early. Reports can be obtained from www.annualcreditreport.com or by calling 877-322-8228.

EVIT is offering affected individuals identity theft protection services through IDX, which includes 12 months of CyberScan monitoring, a $1,000,000 insurance reimbursement policy, and fully managed ID theft recovery services.

How can I find out if my information was compromised in the EVIT data breach?

To determine if your information was compromised in the EVIT data breach, you can refer to the notification letter sent by EVIT, which details the incident and the categories of information potentially affected. Additionally, EVIT has posted a notice on their website for impacted individuals. If you have further questions or need assistance, you can contact EVIT directly at evit-notifications@evit.edu. They have also been working diligently to send individual notices to those identified as potentially impacted by the breach.


Image credits: Kerem Gülen/Midjourney 

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Secretive deal exposed between Google and Meta https://dataconomy.ru/2024/08/08/google-x-meta-partnership/ Thu, 08 Aug 2024 15:14:03 +0000 https://dataconomy.ru/?p=56416 Recent reports have uncovered a secretive deal between tech giants Google and Meta (the parent company of Facebook and Instagram) to target teenagers on YouTube with Instagram advertising. This partnership, which skirted Google’s own policies meant to protect minors online, highlights the lengths these companies will go to maintain their grip on younger audiences. Alarming […]]]>

Recent reports have uncovered a secretive deal between tech giants Google and Meta (the parent company of Facebook and Instagram) to target teenagers on YouTube with Instagram advertising.

This partnership, which skirted Google’s own policies meant to protect minors online, highlights the lengths these companies will go to maintain their grip on younger audiences.

Alarming details of the Google x Meta partnership

The details, as reported by The Financial Times, are quite alarming. According to internal documents and interviews, Google worked with Meta on a marketing campaign designed to reach 13- to 17-year-old YouTube users with ads promoting Instagram. This project deliberately targeted a group of “unknown” users in Google’s advertising system – a category the company knew was disproportionately composed of minors.

This move clearly disregarded Google’s own rules prohibiting the personalization and targeting of ads to those under 18. It also violated policies against circumventing such guidelines, a practice known as “proxy targeting.” Meanwhile, Meta’s involvement shows the company’s desperation to retain its hold on younger users, who have been increasingly drawn to competitors like TikTok.

Google x Meta partnership
This campaign violated Google’s policies against personalizing ads for users under 18 (Image credit)

Timing is especially troublesome

The timing of this deal is particularly concerning, coming just weeks after Meta CEO Mark Zuckerberg appeared before US Congress to apologize for the harm caused to children on his company’s platforms. Clearly, these empty platitudes rang hollow as Meta secretly conspired to exploit young people for commercial gain.

What’s perhaps most troubling is the lengths these companies went to conceal their true intentions. Internal emails show Spark Foundry, the advertising agency involved, specifically identifying the “primary” target demographic as 13- to 17-year-olds. Yet, in presentations and conversations, staff used vague euphemisms like “embrace the unknown” to avoid directly referencing the focus on minors.


Is Google an illegal monopoly?


This type of deception is all too common in the tech industry, which has repeatedly shown a willingness to prioritize profits over the well-being of its users, especially the most vulnerable. As one critic noted, it “shows you how both companies remain untrustworthy, duplicitous, powerful platforms that require stringent regulation and oversight.”

Indeed, the revelations come amidst a broader reckoning for Big Tech’s treatment of children and teenagers. Just last week, the US Senate overwhelmingly passed the Kids Online Safety Act, which would impose a “duty of care” on social media platforms to protect young users from harmful content. Senators are clearly recognizing the urgent need to rein in these companies’ exploitative practices.

Internal research points to mental health risks

Unfortunately, this is far from an isolated incident. Meta, in particular, has faced sustained scrutiny over its policies regarding minors. The company is being sued by 33 states for allegedly deploying “manipulative” tactics towards young users, and the Federal Trade Commission is seeking to ban it from profiting off teen audiences.

Even more damning, internal Facebook research leaked by whistleblower Frances Haugen suggested the company’s Instagram app is detrimental to the mental health of teenage girls. This led Meta to shelve plans for a dedicated “Instagram for Kids” platform in 2021, following immense public backlash.

Google x Meta partnership
Leaked research suggested that Instagram is harmful to the mental health of teenage girls, leading Meta to pause plans for an “Instagram for Kids” (Image credit)

Ultimately, this latest scandal involving Google and Meta illustrates the systemic issues plaguing the tech industry. Far from being isolated incidents, these revelations point to a pervasive culture of prioritizing growth and revenue over ethics and user safety – especially when it comes to the most vulnerable members of our society, our children. As lawmakers, regulators, and the public continue to demand accountability, it’s clear that bold action is needed to rein in the unchecked power of these digital behemoths.

The future of an entire generation may very well depend on it.


Featured image credit: rawpixel.com/Freepik

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Be ready for Reddit subreddit paywalls, CEO says https://dataconomy.ru/2024/08/08/reddit-subreddit-paywall/ Thu, 08 Aug 2024 14:26:01 +0000 https://dataconomy.ru/?p=56419 Reddit CEO Steve Huffman recently made headlines with a surprising announcement: Reddit subreddit paywall. During Reddit’s recent earnings call, CEO Steve Huffman hinted that the platform is considering paywalls for certain subreddits. This means that, in the near future, you might need to pay to access some communities or special content on Reddit. Huffman assured […]]]>

Reddit CEO Steve Huffman recently made headlines with a surprising announcement: Reddit subreddit paywall.

During Reddit’s recent earnings call, CEO Steve Huffman hinted that the platform is considering paywalls for certain subreddits. This means that, in the near future, you might need to pay to access some communities or special content on Reddit. Huffman assured users that the free version of Reddit will still be available, but he suggested that paywalled subreddits could offer unique content and features, like YouTube channel memberships. Here is what we know about Reddit subreddit paywalls so far.

The concept: Reddit subreddit paywalls

If it happens, a Reddit subreddit paywall will be a barrier restricting access to certain subreddits (community forums) unless users pay a subscription fee. Unlike the traditional model, where all content is freely accessible, paywalled subreddits require users to pay to view or participate in specific Reddit areas. This could involve:

  • Exclusive content: Subreddits might offer premium content, such as in-depth articles, special threads, or exclusive discussions, only accessible to paying members.
  • Private spaces: Certain subreddits could become private or restricted to paying members, providing a more curated or secure environment for discussions.
  • Enhanced features: Users might gain access to additional features or tools that aren’t available in free subreddits.

Reddit Subreddit Paywalls explained. Reddit CEO Steve Huffman hints at introducing paywalls for certain subreddits, aiming to boost revenue.

Reddit needs money

Reddit faces increasing pressure to deliver consistent revenue and value to its shareholders as a publicly traded company. The Reddit subreddit paywall idea presents a direct way to generate income by offering premium content and features to users willing to pay. Reddit hopes this new revenue stream will help to meet financial expectations and support its ongoing operations.

The platform’s traditional reliance on advertising for revenue might not be enough to sustain its ambitious growth plans. By introducing subreddit paywalls, Reddit aims to leverage its large and engaged user base to generate additional revenue, providing a more diversified financial model.

Reddit Subreddit Paywalls explained. Reddit CEO Steve Huffman hints at introducing paywalls for certain subreddits, aiming to boost revenue.How might Reddit subreddit paywalls affect users?

Users unwilling to pay might miss out on valuable content, creating a divide between paying and non-paying members. This could cause frustration. Also, the shift could change community dynamics, making some subreddits more exclusive and potentially reducing the platform’s overall sense of openness. Most importantly, long-time users like me who value free access might feel alienated, impacting their engagement and satisfaction with the platform.

On the positive side, paywalls might offer exclusive content and enhanced features, creating a richer experience for paying users. They could also provide Reddit with new revenue streams, which could be reinvested to improve the platform. Additionally, paywalled subreddits might foster more specialized and high-quality communities.

Balancing these changes will be crucial to maintaining Reddit’s open and inclusive nature while pursuing new revenue opportunities.

Reddit Subreddit Paywalls explained. Reddit CEO Steve Huffman hints at introducing paywalls for certain subreddits, aiming to boost revenue.Reddit is also focusing on monetizing its vast data resources. Through partnerships with major tech companies like Google and OpenAI, Reddit has allowed these companies to use its data for AI training and other purposes. These deals are another way for Reddit to enhance its revenue, alongside the proposed paywalls.


All images are generated by Eray Eliaçık/Bing

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Tech giant is after ClownStrike parody site https://dataconomy.ru/2024/08/08/clownstrike-parody-site/ Thu, 08 Aug 2024 12:53:47 +0000 https://dataconomy.ru/?p=56399 It’s not unusual for companies to find themselves the subjects of parody. But what happens when a tech giant decides to take the ClownStrike website too seriously? That’s the situation IT consultant David Senk found himself in after launching his satirical website, ClownStrike. ClownStrike was born out of frustration and a keen sense of irony. […]]]>

It’s not unusual for companies to find themselves the subjects of parody. But what happens when a tech giant decides to take the ClownStrike website too seriously?

That’s the situation IT consultant David Senk found himself in after launching his satirical website, ClownStrike.

ClownStrike was born out of frustration and a keen sense of irony. In July 2024, the world witnessed one of the largest IT outages in history, the infamous CrowdStrike outage, with systems crashing in airports, hospitals, and businesses across the globe. The cause? A flawed security update, which CrowdStrike, a leading cybersecurity firm, was quick to blame.

For Senk, this event highlighted the risks of over-centralization in the tech industry, where a single point of failure can lead to catastrophic consequences.

ClownStrike’s online muscle

Seeing an opportunity to poke fun at what he perceived as CrowdStrike’s overreach, Senk set up ClownStrike, a parody website at clownstrike.lol.

The site was simple but effective: A visual gag where the CrowdStrike logo gradually transformed into a clown, accompanied by circus music. It was meant to be a light-hearted jab, a digital caricature of a company that had, in Senk’s view, stumbled in a very public way.

However, what started as a humorous critique quickly turned into a legal battle. Just days after ClownStrike went live, Senk received a DMCA takedown notice. The notice, sent by CrowdStrike’s anti-fraud partner, demanded the removal of the logo from Senk’s site, threatening to take down the entire website if he didn’t comply.

ClownStrike parody site
ClownStrike site was a response to a massive IT outage in July 2024, blamed on a faulty CrowdStrike security update (Image credit)

Senk was stunned. His website was clearly a parody, an art form protected under fair use laws, and he believed this protection should have kept him safe from such corporate actions. He immediately filed a counter-notice, defending his use of the logo as legitimate under fair use. But rather than engaging with his defense, the hosting service, Cloudflare, ignored his counter-notice and sent another warning.

Frustrated but undeterred, Senk moved his site to a server in Finland, outside the reach of what he perceived as overly aggressive corporate tactics. The new site not only retained its original satirical content but also featured a scathing critique of CrowdStrike and Cloudflare, labeling them as “corporate bullies” trying to stifle free expression.

Clash of values

This incident raises broader questions about the power dynamics in today’s tech landscape. Senk’s experience with ClownStrike is a vivid example of how large corporations can use legal mechanisms like the DMCA to silence criticism or parody, even when such uses are protected by law. The situation also underscores the challenges faced by individuals or small entities when trying to stand up to the might of a well-resourced company.

CrowdStrike, for its part, claimed that the takedown notice was an unintended consequence of a broader anti-fraud campaign. In a statement, the company explained that its anti-fraud efforts had led to the issuance of hundreds of takedown notices in the weeks following the global IT outage, aimed at preventing malicious actors from exploiting the situation.

ClownStrike parody site
Just days after launching, ClownStrike received a DMCA takedown notice from CrowdStrike’s anti-fraud partner (Image credit)

They suggested that ClownStrike was not an intended target but rather an unfortunate casualty in their fight against online fraud.

But Senk wasn’t convinced. He viewed CrowdStrike’s response as a deflection, an attempt to sidestep accountability by blaming the system rather than addressing the specifics of his case. For him, the issue was not just about his site but about the broader implications of how powerful entities can use legal tools to suppress dissenting voices, no matter how small or insignificant they might seem.

Moving forward

In the end, ClownStrike is more than just a parody site: It’s a symbol of resistance against the overreach of corporate power in the digital age. Whether or not CrowdStrike intended to target Senk’s site specifically, the fact remains that their actions had the effect of stifling lawful, creative expression.

For Senk, the fight isn’t over. While he may have moved ClownStrike to safer digital shores, he continues to call for greater accountability and transparency in how companies like CrowdStrike and Cloudflare handle such issues. And as for his site? It’s still up and running, a testament to the enduring power of parody in a world increasingly dominated by the giants of tech.


Featured image credit: Freepik

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XRP Ripple Lawsuit concludes: SEC dissatisfied, crypto community celebrates https://dataconomy.ru/2024/08/08/xrp-ripple-lawsuit-sec-crypto/ Thu, 08 Aug 2024 11:13:12 +0000 https://dataconomy.ru/?p=56394 Few legal battles have been as closely watched as the XRP Ripple lawsuit. This conflict began in December 2020 and has been a major topic for anyone interested in digital currencies. The SEC accused Ripple of selling XRP, its cryptocurrency, as an unregistered security, while Ripple argued that XRP should be treated like Bitcoin and […]]]>

Few legal battles have been as closely watched as the XRP Ripple lawsuit. This conflict began in December 2020 and has been a major topic for anyone interested in digital currencies. The SEC accused Ripple of selling XRP, its cryptocurrency, as an unregistered security, while Ripple argued that XRP should be treated like Bitcoin and Ethereum, not as a security.

Now that the court has made its decision, Ripple was fined $125 million—far less than the SEC’s original $2 billion demand but more than Ripple’s proposed $10 million. Ripple is also under an injunction, which means they must avoid future violations of securities laws. While this ruling appears to close the case, the SEC will likely appeal, potentially prolonging the legal battle.

Now, let’s take a closer look at the events and their implications. From the original allegations and Ripple’s defense to the final ruling and its impact on the market, this case is likely to shape how other cryptocurrencies are regulated and traded in the future.

SEC’s claims in the XRP Ripple lawsuit

The lawsuit between Ripple Labs Inc., and the U.S. Securities and Exchange Commission (SEC) has been a pivotal event in the cryptocurrency world. Initiated in December 2020, the SEC alleged that Ripple and its executives, Brad Garlinghouse and Chris Larsen, had raised $1.3 billion through an unregistered securities offering by selling XRP. Ripple countered that XRP is a digital currency, not a security, and should be treated like Bitcoin and Ethereum, which the SEC had previously stated were not securities.

XRP Ripple Lawsuit: Ripple’s legal battle with the SEC ends with a $125M fine and an injunction. How will this shape crypto regulations?
The XRP Ripple lawsuit began in December 2020 when the SEC accused Ripple Labs of conducting an unregistered securities offering by selling XRP

The SEC argued that XRP should be classified as a security because it was used to finance Ripple’s operations and investors were led to expect profits from Ripple’s efforts to develop and maintain a use case for the cryptocurrency.

The SEC maintained that Ripple’s sales of XRP constituted an unregistered securities offering.

Ripple’s defense

Ripple contended that XRP is a digital currency used for international payments and as a bridge currency in financial transactions.

Ripple argued that XRP is decentralized and that the company did not have sufficient control over XRP to classify it as a security.

Ripple also claimed that the SEC did not provide fair notice that XRP would be considered a security, emphasizing the lack of clear regulatory guidance.

Court rulings

In July 2021, Judge Analisa Torres of the Southern District of New York ruled that some of Ripple’s XRP sales, particularly those conducted through a blind bid process (programmatic sales), did not constitute securities transactions. This decision was based on the fact that these sales were conducted in a manner where investors did not know if they were buying from Ripple or another seller.

However, Judge Torres also ruled that direct sales of XRP to institutional investors did violate securities laws. These transactions were deemed to be securities offerings because they were made with the expectation of profit derived from Ripple’s efforts.

Final judgment

In August 2024, the court imposed a $125 million fine on Ripple. This amount was significantly lower than the SEC’s proposed $2 billion penalty but higher than Ripple’s proposed $10 million.

XRP Ripple Lawsuit: Ripple’s legal battle with the SEC ends with a $125M fine and an injunction. How will this shape crypto regulations?
XRP Ripple Lawsuit: The SEC alleged that Ripple raised $1.3 billion through these sales, classifying XRP as a security rather than a cryptocurrency

The court also issued an injunction preventing Ripple from further violations of securities laws, emphasizing the need for Ripple to adhere to regulatory requirements in its future operations.

Despite the settlement, the SEC is expected to appeal the ruling, potentially extending the legal proceedings.

The market loves it: XRP to the moon?

Following the announcement of the settlement, XRP surged 17%, with its price rising from 50 cents to 65 cents. This was a clear indication of market optimism regarding the case resolution.

XRP Ripple Lawsuit: Ripple’s legal battle with the SEC ends with a $125M fine and an injunction. How will this shape crypto regulations?
Following the court’s decision for the XRP Ripple Lawsuit, XRP’s price surged 17%, reflecting a positive market reaction and increased trading volumes

Trading volumes for XRP nearly tripled, with significant activity observed in the South Korean markets.

While XRP experienced significant gains, Bitcoin’s price remained unchanged in the 24 hours following the ruling, reflecting a cautious market sentiment amid ongoing regulatory scrutiny in the crypto space.

The Ripple-SEC saga reaches its end

To sum up, the long-running XRP Ripple lawsuit has finally come to a close, marking a significant moment in the world of cryptocurrencies. Since December 2020, Ripple and the SEC have been at odds over whether XRP should be considered a security. The SEC claimed that Ripple raised $1.3 billion by selling XRP as an unregistered security, while Ripple argued that XRP is a digital currency, not a security, similar to Bitcoin and Ethereum.

The court’s final decision brought mixed results. Ripple was ordered to pay a $125 million fine—much less than the SEC’s initial demand of $2 billion but more than Ripple’s suggested $10 million. Additionally, Ripple is now under an injunction, meaning they must be careful not to violate securities laws in the future. Even though this ruling seems to wrap up the case, the SEC is expected to appeal, which could drag the legal process out further.

Despite the legal challenges, the market reacted positively to the XRP Ripple lawsuit news. XRP’s price jumped 17%, from 50 cents to 65 cents, showing renewed investor confidence. Trading volumes also surged, especially in South Korean markets. Meanwhile, Bitcoin’s price remained stable, reflecting the cautious mood in the broader crypto market.

The XRP Ripple lawsuit will likely influence how other crypto projects manage their token sales and interact with regulators. As the dust settles, the crypto industry will be paying close attention to the ripple effects of this decision.


Featured image credit: Eray Eliaçık/Bing

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National Public Data class action lawsuit seeks justice https://dataconomy.ru/2024/08/08/national-public-data-class-action-lawsuit/ Thu, 08 Aug 2024 08:16:52 +0000 https://dataconomy.ru/?p=56387 Do you know about the National Public Data class action lawsuit? If not, you might be impacted by one of the most significant data breaches ever without even realizing it. Jerico Pictures Inc., operating under the name National Public Data, allegedly experienced a massive data breach earlier this year, exposing the personal information of 2.9 […]]]>

Do you know about the National Public Data class action lawsuit? If not, you might be impacted by one of the most significant data breaches ever without even realizing it.

Jerico Pictures Inc., operating under the name National Public Data, allegedly experienced a massive data breach earlier this year, exposing the personal information of 2.9 billion individuals.

The National Public Data class action lawsuit claims that a hacker group known as USDoD accessed and stole this data, putting it up for sale on the dark web.

This National Public Data breach highlights serious concerns about data security and privacy.

How did we get to the National Public Data class action lawsuit?

Christopher Hofmann, the named plaintiff in the National Public Data class action lawsuit, discovered the breach only when his identity theft protection service alerted him in July. Hofmann, a California resident, was notified that his personal information had been compromised and leaked on the dark web. The stolen data appeared on a dark web forum in April, with the hackers demanding $3.5 million for the database.

This timeline suggests that the breach was previously unknown to the public, raising questions about the company’s transparency and response to the incident.

National Public Data class action lawsuit
A hacker group known as USDoD is alleged to have stolen the data and offered it for sale on the dark web for $3.5 million (Image credit)

The breach is especially alarming because many affected individuals may not be aware that their information was collected or compromised. National Public Data reportedly gathers data by scraping non-public sources without individuals’ consent, exposing sensitive details such as full names, Social Security numbers, and addresses. Even information about relatives, both living and deceased, was compromised. This breach, if confirmed, could rival the 2013 Yahoo breach, which compromised the data of 3 billion accounts.

Allegations against National Public Data

Hofmann’s lawsuit accuses National Public Data of negligence, unjust enrichment, and breaches of fiduciary duty and third-party beneficiary contract.

The plaintiffs allege that National Public Data failed to implement adequate security measures to protect the personal information it collected and stored. The company’s method of scraping non-public sources without consent further complicates the issue, as it means individuals did not knowingly provide their data to National Public Data.

The lack of consent adds another layer of concern to the National Public Data class action lawsuit.

Legal demands and proposed measures

Hofmann’s National Public Data class action lawsuit seeks not only monetary relief but also significant changes in how National Public Data handles and protects personal information. He has asked the court to require National Public Data to purge the personal information of all individuals affected by the breach. Additionally, the lawsuit demands that the company encrypt all data collected moving forward and implement several other security measures.

These measures include:

  1. Data segmentation: Ensuring that data is stored in separate segments to limit exposure in the event of a breach.
  2. Regular database scanning: Conducting regular scans of databases to detect and address vulnerabilities.
  3. Threat-management program: Implementing a comprehensive threat-management program to monitor and mitigate potential risks.
  4. Third-party assessments: Appointing a third-party assessor to conduct annual evaluations of National Public Data’s cybersecurity frameworks for the next 10 years.

Impact on affected individuals

The breach’s impact on the 2.9 billion affected individuals cannot be understated.

The exposed information includes highly sensitive data such as Social Security numbers, which can be used for identity theft and other malicious activities.

National Public Data class action lawsuit
The exposed data can be used for identity theft, financial fraud, and other malicious activities (Image credit)

Current and past addresses, full names, and details about relatives can also be exploited for various fraudulent schemes. This widespread exposure has potentially left billions vulnerable to financial loss and privacy invasions.

Response from National Public Data

As of the filing of National Public Data class action lawsuit, the company had not provided any notice or warning to the affected individuals. The lack of communication is a critical point in the National Public Data class action lawsuit, as it suggests a failure to fulfill their duty to protect and inform their clients.

As the case unfolds, it will be crucial to monitor how National Public Data responds and what steps are taken to prevent such breaches in the future.

For now, those potentially impacted should stay vigilant and take steps to protect their personal information.


Featured image credit: vecstock/Freepik

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Proving Physical Product Authenticity with Cryptographic Invisible Signatures https://dataconomy.ru/2024/08/07/cryptographic-invisible-signatures/ Wed, 07 Aug 2024 12:15:15 +0000 https://dataconomy.ru/?p=56294 In the digital age, where authenticity and ownership are paramount, the concept of cryptographic invisible signatures has emerged as a powerful tool. While most commonly associated with protecting digital art and media, this technology is now revolutionizing the world of physical products, particularly in the fight against counterfeiting. This is not a “victimless crime,” either, […]]]>

In the digital age, where authenticity and ownership are paramount, the concept of cryptographic invisible signatures has emerged as a powerful tool. While most commonly associated with protecting digital art and media, this technology is now revolutionizing the world of physical products, particularly in the fight against counterfeiting.

This is not a “victimless crime,” either, as some would suggest. According to Frontier Economics, the global value of counterfeiting and piracy to be close to US$2.8 trillion by 2022, and net job losses will be between 4.2 to 5.4 million.

A Brief History

Invisible watermarking, the digital precursor to modern cryptographic invisible signature technology, has been employed in various forms since the late 20th century. Initially used to protect copyrighted images and videos, it involved embedding subtle data within the content itself, undetectable to the human eye but easily identifiable by specialized software. This technique served as a deterrent to unauthorized use and a means to trace the origin of copied material.

The evolution of digital watermarking led to its application in diverse fields, including audio recordings, software, and even printed documents, and the technique – which can fall into both the cryptographic and the steganographic fields – has even been used by spies and hackers to transfer secrets or deliver malicious payloads. 

While the digital world plays well with cryptographic techniques, using these techniques in the “real world” is a significant challenge.

The Rise of Cryptographic Invisible Signatures for Physical Products

In recent years, a new player has entered the arena of cryptographic invisible signatures: Ennoventure. The company has adapted cryptographic principles to create invisible signatures for physical products, particularly packaging.

“Adapting our cryptographic invisible signatures to physical packaging was an exciting challenge,” Padmakumar Nair, co-founder and CEO at Ennoventure, said. “Key hurdles included ensuring adhesion to diverse materials, signature resilience during handling and transit, scalability without disrupting production, user-friendly scanning, compliance with regulations, and effective communication of the technology’s benefits.”

Ennoventure’s technology addresses a long-standing problem in the packaging industry: the pervasive issue of counterfeiting. Fake products not only erode brand trust and cause financial losses but also pose significant risks to consumer safety, especially in industries like pharmaceuticals, automotive, and food.

The Power of Invisible Cryptographic Signatures

Unlike traditional security measures such as holograms or barcodes, which can be replicated, invisible cryptographic signatures offer a higher level of security. These signatures are embedded directly into the product’s packaging or label during the manufacturing process, making them virtually impossible to duplicate.

“The technology utilizes a combination of unique identifiers and encryption algorithms, ensuring that each product carries a distinct and verifiable signature,” Nair said. “This signature can be easily scanned using a smartphone, providing consumers and retailers with instant verification of authenticity.”

Ennoventure’s solution goes beyond mere authentication. It offers a comprehensive suite of features, including supply chain tracking, data analytics, and consumer engagement tools. This holistic approach empowers brands to protect their products, engage with customers, and gain valuable insights into consumer behavior.

Overcoming Industry Challenges

While the benefits of invisible cryptographic signatures are clear, Ennoventure acknowledges the challenges of adoption within the packaging industry.

“The packaging industry’s hesitance to adopt invisible cryptographic signatures stems from several factors,” Nair said. “Lack of awareness and understanding of the technology, misconceptions about high upfront costs and integration complexities, concerns about signature durability across various materials, regulatory compliance difficulties, and the need for reliable verification methods all contribute to this reluctance.”

Ennoventure has taken proactive steps to address these concerns. Its technology is designed to be easily integrated into existing manufacturing processes without requiring significant investments or disruptions. They also emphasize education and outreach to raise awareness of the technology’s benefits and dispel misconceptions.

Real-World Impact

Ennoventure’s technology has already made a significant impact in various industries and for consumers alike.

“For brands, it protects products from counterfeiting, safeguards revenue, preserves brand reputation, aids in regulatory compliance, and strengthens supply chain security,” Nair said. “For consumers, it instills confidence in product authenticity, especially for critical items like medicines, food, and cosmetics. It empowers consumers to make informed choices and stay aware of the risks of counterfeit goods.”

Ennoventure’s technology has been implemented in real-world scenarios with measurable impact. For a global agrochemical brand, it facilitated a scalable WhatsApp-based authentication system for farmers, significantly reducing counterfeiting in rural supply chains. For a global agro-industrial conglomerate, it enabled quick smartphone authentication without additional costs, decreasing counterfeit rates. For a leading FMCG brand, it allowed for early detection and prompt intervention, preventing the spread of counterfeit goods.

Looking ahead, Ennoventure is committed to continued innovation and expansion. Its focus on research and development ensures that its solutions remain at the forefront of anti-counterfeiting technology. 

“We plan to expand our services across industries and regions, invest in R&D to enhance our solutions and develop new features, and continue our commitment to staying ahead of the curve in the fight against counterfeiting,” Nair said.

A New Era of Product Authentication

The journey of invisible signatures, from safeguarding digital art to protecting tangible goods, demonstrates the remarkable evolution of security measures. Ennoventure’s groundbreaking application of cryptographic invisible signatures to physical packaging marks a pivotal moment in the fight against counterfeiting. By addressing industry challenges head-on and delivering a user-friendly, scalable, and effective solution, Ennoventure is not only empowering brands to safeguard their products and reputations but also giving consumers the confidence to make informed choices.

As this technology continues to evolve and expand its reach, the implications for a safer and more transparent marketplace are profound. The era of invisible signatures is here, and it’s poised to redefine how we authenticate and trust the products we encounter in our everyday lives.

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AI-powered Nest Thermostat Gen 4 and Nest Camera boosts Google Home offerings https://dataconomy.ru/2024/08/07/ai-powered-nest-thermostat-gen-4-and-nest-camera-boosts-google-home-offerings/ Wed, 07 Aug 2024 10:54:39 +0000 https://dataconomy.ru/?p=56348 Google recently revealed enhancements to its smart home product lineup, including significant updates to the Nest Learning Thermostat and the Google TV Streamer. Originating over a decade ago, the Nest Thermostat transformed the mundane home thermostat into a smart, energy-efficient device that not only saves money but also helps the environment by reducing energy consumption […]]]>

Google recently revealed enhancements to its smart home product lineup, including significant updates to the Nest Learning Thermostat and the Google TV Streamer. Originating over a decade ago, the Nest Thermostat transformed the mundane home thermostat into a smart, energy-efficient device that not only saves money but also helps the environment by reducing energy consumption across millions of households.

What does Nest Learning Thermostat offer?

The latest iteration, the fourth generation of the Nest Learning Thermostat, introduces a suite of upgrades aimed at enhancing both functionality and aesthetic appeal. One of the standout features of the new thermostat is its enlarged dome-shaped crystal LCD display, which is 60% larger than its predecessor. This new display is cleverly designed behind layers of mirror and colored films, effectively hiding bezels to offer a seamless and modern look that appears to float on the wall.

Further refining user interaction, Google has introduced the Dynamic Farsight feature, which allows users to customize the home screen for easier access to essential information such as time, temperature, weather conditions, and outdoor air quality. This feature is particularly designed to provide vital information at a glance, making it both a practical and an innovative addition to any home.

Aesthetically, the thermostat now comes in three polished metal finishes: Silver, Obsidian, and Gold, ensuring it can integrate seamlessly into various home decors. Like a high-end light fixture or designer faucet, Google emphasizes that smart home devices should not only be functional but should also enhance the home’s visual appeal.

The Nest Learning Thermostat, now in its fourth iteration, has been re-engineered to leverage advanced AI for enhanced energy efficiency and optimal home comfort. This smart thermostat automatically adjusts to your daily patterns and preferences to maintain the perfect balance between comfort and energy savings. It not only learns your preferred temperatures but also adapts to changes in your routine, such as unexpected early returns home, by adjusting the heating or cooling schedule accordingly.

The AI-driven capabilities extend to analyzing external weather conditions to optimize indoor temperatures. For instance, it may reduce heating on a sunny winter day when natural warmth increases indoor temperatures, or adjust settings on humid days to maintain comfort levels. These intelligent adjustments are designed to be automatic, but they can also be manually approved or modified through the Google Home app, ensuring users retain full control over their home environments.

Adding to its functionality, the thermostat is accompanied by a redesigned Nest Temperature Sensor. This device helps manage temperature disparities in different rooms, such as prioritizing comfort in a baby’s room during naptime. Homeowners can install up to six of these sensors to fine-tune their settings across various rooms, with the option to average out readings or select specific sensors to activate at different times of the day. The sensor’s discreet, pebble-like design allows it to blend seamlessly into any room aesthetic.

The thermostat also includes a System Health Monitor, a feature that tracks the performance of your heating, ventilation, and air conditioning (HVAC) systems over time. It detects subtle changes that may indicate potential issues, sending urgent alerts if immediate attention is required. This proactive monitoring can help prevent costly repairs and ensure your systems operate efficiently.

Google is enhancing its commitment to sustainability with the latest Nest Learning Thermostat, designed to support cleaner energy usage directly from your home. The device features Nest Renew, a program that adjusts your energy consumption to times when power is cleaner and less expensive. These small, automated adjustments are designed to not only reduce your carbon footprint but also lower your energy bills, contributing positively to a more efficient energy grid.

Installation of the Nest Learning Thermostat is straightforward. It comes with a new 12-terminal backplate that increases compatibility with a broader range of HVAC systems. Users can easily set it up and manage it via the Google Home app, where all compatible smart home devices can be controlled from one interface. The thermostat also supports automations—for example, if the heat is on and a window is detected open, it will send a notification to remind you to close it, conserving energy.

The interface for the most frequently used thermostat controls in the app, such as temperature adjustments or schedule settings, has been redesigned for greater ease and intuitiveness. Moreover, being Matter-certified, the thermostat can be operated with other Matter-compatible smart home apps, enhancing its interoperability within the smart home ecosystem.

Pricing

The new Nest Learning Thermostat is now available for pre-order at the Google Store and select retailers. It is priced at $279.99 in the U.S. and $379.99 in Canada, with sales set to begin on August 20. Each thermostat purchase includes a Nest Temperature Sensor, with the option to buy additional sensors individually or in a 3-pack for expanded coverage and control within the home.

Gemini powered smart homes

Google Home has experienced a dynamic year, marked by significant advancements aimed at both end-users and developers. At the Google I/O conference, the company expanded its platform, offering developers the tools needed to craft innovative experiences within the home ecosystem. Concurrently, Google’s Gemini models have been instrumental in enhancing daily user interactions through smarter automation and more intuitive device operations.

This year’s updates include major revamps to two of Google’s flagship devices: the Nest Learning Thermostat and the Google TV Streamer. These enhancements leverage the Gemini models to elevate the intelligence and simplicity of these devices, focusing on areas like home automation and camera functionality.

Particularly transformative have been the upgrades to Nest Cameras, driven by the Gemini multimodal models capable of processing video, images, and text. This development represents a leap forward in home security technology, transitioning from basic motion detection to more complex AI features, such as recognizing familiar faces. The true innovation lies in the cameras’ newfound ability to interpret scenes with greater context—recognizing not just the presence of an animal, for instance, but understanding specific actions like a dog digging in the garden.

These enriched AI capabilities ensure that the footage captured and displayed in the Google Home app is not only more detailed but also more actionable, providing users with precise and relevant information about activities around their homes.

Google is introducing a revolutionary feature in the Google Home app that significantly enhances the functionality of Nest cameras: the new camera activity search. This feature allows users to query specific events within their home, such as whether the kids left their bikes in the driveway or if the FedEx truck passed by during the day. The app not only searches through camera history to provide a list of relevant events but also summarizes the information, making it far more accessible than ever before.

This capability represents a monumental shift in home security technology, enabling users to interact with their home environment in a more informed and proactive manner. The promise of such detailed insights into daily activities around the home is transformative, offering not just surveillance but also practical, everyday assistance.

Additionally, Google has been focusing on enhancing its home automation platform. The Google Home app now supports over 100 different connections and controls for smart home devices. To reduce the complexity of creating automations, Google introduces the “Help me create” feature, powered by Gemini models. This feature allows users to simply describe their desired automation in plain language, and the app configures it accordingly. For instance, users can request an automation to lock the doors and turn off all the lights at bedtime, or set reminders for children to store their bikes after school.

AI-powered Nest Thermostat Gen 4 and Nest Camera boosts Google Home offerings
Google is set to enhance the Google Assistant’s capabilities within the home environment (Image credit)

Google is set to enhance the Google Assistant’s capabilities within the home environment, leveraging Gemini technology to make interactions more natural and intuitive for every household member. This year, a key focus for Google is on improving the quality of core functionalities such as media playback and setting timers on home devices like speakers and displays. Additionally, a variety of new voices are slated to be introduced to make interactions with these devices feel more conversational and engaging.

The incorporation of Gemini technology aims to transform the way users engage with their home assistants. With these upgrades, Google Assistant on Nest speakers and displays will better comprehend user inquiries, allowing for more fluid conversations. According to Google, users will be able to ask questions in their natural speaking style without needing to adapt to specific phrasing. This means you could ask casual, follow-up questions like, “Is Pluto a planet?” followed by, “Could they change their minds again?” or even inquire about a song with, “What’s that iconic basketball theme song?”

Gemini’s generative capabilities will add a playful element to interactions. For instance, during a family discussion, you could use Google Assistant to argue, “Help me make the case that Crocs are extremely cool — and mention sport mode.”

These enhancements are initially scheduled to roll out to a limited number of Nest Aware subscribers in a Public Preview later in the year. Google expresses enthusiasm and optimism about how Gemini technology will pioneer the next generation of helpful home experiences.


Featured image credit: Google

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Behind the X lawsuit files: Elon Musk sues advertisers over U.S. antitrust law https://dataconomy.ru/2024/08/07/x-lawsuit-elon-musk-sues-advertisers/ Wed, 07 Aug 2024 10:31:03 +0000 https://dataconomy.ru/?p=56326 Where did this X lawsuit come from? Elon Musk sues global advertising alliance and several major companies, including Mars and CVS Health, accusing them of unlawfully conspiring to boycott the site and causing it to lose revenue. Why did Elon Musk sue advertisers? X filed the lawsuit in federal court in Texas against the World […]]]>

Where did this X lawsuit come from? Elon Musk sues global advertising alliance and several major companies, including Mars and CVS Health, accusing them of unlawfully conspiring to boycott the site and causing it to lose revenue.

Why did Elon Musk sue advertisers?

X filed the lawsuit in federal court in Texas against the World Federation of Advertisers, Unilever and Danish renewable energy company Orsted, in addition to Mars and CVS Health.

The lawsuit said advertisers, acting through a World Federation of Advertisers initiative called Global Alliance for Responsible Media, collectively withheld “billions of dollars in advertising revenue” from X, previously known as Twitter.

It said they acted against their own economic self-interests in a conspiracy against the platform that violated U.S. antitrust law.

The World Federation of Advertisers, Unilever, Mars, CVS Health and Orsted did not immediately respond to requests for comment.

In a statement on Tuesday about the lawsuit, X’s chief executive Linda Yaccarino said “people are hurt when the marketplace of ideas is constricted. No small group of people should monopolize what gets monetized.”

Elon Musk sues advertisers connected to the World Federation of Advertisers, including prominent names like Mars and CVS Health. The lawsuit, filed in Texas federal court, targets not only these corporations but also Unilever and the Danish renewable energy company Orsted. The core of the issue, as detailed in the court documents, is the alleged collusion among these companies to boycott X, previously known as Twitter, purportedly costing the platform billions in advertising revenue.

This collective action, coordinated through the Global Alliance for Responsible Media—a World Federation of Advertisers initiative—stands accused of not only violating U.S. antitrust laws but also acting against the companies’ economic self-interest. This strategic legal action, where Elon Musk sues advertisers, raises significant questions about the dynamics within the advertising industry and the extent of influence large advertisers can wield over social media platforms.

As of now, responses from the World Federation of Advertisers, Unilever, Mars, CVS Health, and Orsted remain pending. However, Linda Yaccarino, X’s CEO, made a strong statement regarding the lawsuit, highlighting the broader implications of the case. This legal challenge where Elon Musk sues advertisers marks a significant moment in the ongoing tension between large tech platforms and the global advertising community.

Behind the X lawsuit files: Elon Musk sues advertisers over U.S. antitrust law
Behind the X lawsuit files: Elon Musk sues advertisers over U.S. antitrust law

Back story of the Rumble lawsuit

The right-wing video site Rumble, founded more than 10 years ago as an alternative to YouTube and positioned as a platform “immune to cancel culture,” announced on Tuesday that it had filed a similar lawsuit.

The US House Judiciary Committee, which is controlled by Republicans and has expressed concern about censorship of right-wing views on social media, has been investigating GARM. In a preliminary report in July, the committee found that “the extent to which GARM has organized its trade association and coordinates actions that rob consumers of choices is likely illegal under the antitrust laws and threatens fundamental American freedoms.” X’s lawsuit draws heavily from internal GARM emails reviewed by the congressional panel.

Rumble, a right-leaning video platform established over a decade ago as a YouTube alternative and champion of being “immune to cancel culture,” also announced a lawsuit echoing similar grievances. This legal move came on the heels of an investigation by the US House Judiciary Committee, which is currently under Republican control and has been vocal about concerns regarding the censorship of conservative perspectives on social media platforms.

The committee’s investigation into the Global Alliance for Responsible Media (GARM) culminated in a preliminary report released in July. This report criticized GARM’s organizational practices, suggesting they not only likely violate U.S. antitrust laws but also impinge on fundamental American freedoms by limiting consumer choice. Rumble’s legal action draws parallels to the lawsuit where Elon Musk sues advertisers, as both challenge the alleged coordinated actions of major advertisers under the GARM umbrella.

X CEO Linda Yaccarino shared a video

In a striking address to X users, CEO Linda Yaccarino shared her astonishment over the findings of the House Judiciary Committee, describing a “systematic illegal boycott against X.” Her video statement, which was direct and forceful, highlighted the implications for free speech, stating that the actions of these advertisers were an assault not just on the company but also on its users, whom she depicted as residents of a “global town square.” Yaccarino’s words, “People are hurt when the marketplace of ideas is constricted,” resonate as a rallying cry for those who feel marginalized by mainstream media channels and advertising giants.

Global Alliance for Responsible Media (GARM) has no response yet

The Brussels-based World Federation of Advertisers, the governing body of GARM, has yet to issue a response regarding the ongoing lawsuits against them. These legal challenges, spearheaded by X and echoed by Rumble, mark a significant turn in how advertisers interact with social media platforms. X’s lawsuit, which implicates major corporations like Unilever, Mars, CVS, and a Danish energy company, along with Rumble’s addition of the ad agency WPP, underscores a broader discontent with the current state of content sponsorship and moderation.

Historically, advertisers negotiated directly with social media platforms to delineate the types of content they would support. However, under GARM’s influence, these companies have consolidated their influence, setting industry-wide content moderation standards and enforcing them collectively. X argues that GARM’s role has expanded excessively, giving it undue control over what content is permissible on social media platforms, potentially stifling diversity in the digital discourse.

Behind the X lawsuit files: Elon Musk sues advertisers over U.S. antitrust law
X’s separate lawsuit against Media Matters is slated for trial in April 2025

Musk to interview Trump

In a related development, X’s separate lawsuit against Media Matters is slated for trial in April 2025. By the way former President Donald Trump announced that he will be interviewed by Elon Musk on Monday night. Trump’s upcoming dialogue with Musk follows recent revelations about a political action committee supporting Trump, purportedly established by Musk, which is now under investigation. The North Carolina Board of Elections and the Attorney General’s Office, along with Michigan’s secretary of state, are examining the America PAC after allegations surfaced regarding the mishandling of personal data and voter registration issues.

Who is World Federation of Advertisers (WFA)?

The World Federation of Advertisers is a global organization that represents the interests of marketers and advertisers across more than 60 national advertiser associations on six continents. Founded in 1953, the WFA has a long history of advocating for effective and sustainable marketing communications.


Featured image credit: Kerem Gülen/Midjourney

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OpenAI DevDay won’t feature a new GPT model https://dataconomy.ru/2024/08/06/openai-devday-wont-feature-a-new-gpt-model/ Tue, 06 Aug 2024 14:24:18 +0000 https://dataconomy.ru/?p=56272 While last year’s OpenAI event in San Francisco was a headline-grabbing spectacle, introducing several new initiatives including the now-defunct GPT Store, this year’s setup is markedly toned down. Instead of one grand event, OpenAI plans to connect with developers through multiple, localized sessions as part of their reimagined DevDay conference. This year, the spotlight shifts […]]]>

While last year’s OpenAI event in San Francisco was a headline-grabbing spectacle, introducing several new initiatives including the now-defunct GPT Store, this year’s setup is markedly toned down. Instead of one grand event, OpenAI plans to connect with developers through multiple, localized sessions as part of their reimagined DevDay conference. This year, the spotlight shifts away from launching major new models to refining and expanding the existing suite of API and developer tools.

What to expect from OpenAI DevDay?

This year, OpenAI’s DevDay will go global with events scheduled in San Francisco on October 1st, London on October 30th, and Singapore on November 21st. These gatherings will showcase a mix of workshops, breakout sessions, and live demonstrations featuring OpenAI’s product and engineering teams. Highlighting the talent of developers, the event also offers spotlights on their work. Entry is priced at $450, though scholarships are available for qualifying participants, with applications closing on August 15th.

At our global DevDays, you can look forward to:

  • Workshops: Hands-on technical sessions to deepen your skills and explore new possibilities with the OpenAI platform and API tools.
  • Breakout sessions: Discussions on best practices around model customization, evals, steerability, scaling, and a variety of other topics, led by AI experts and community members.
  • Demos: Meet the OpenAI product and engineering teams and see our models and platform in action.
  • Developer spotlights: Take a look at boundary-pushing projects created by our talented developer community and top startups.
  • Evening reception: Close out the evening with dinner, drinks, and entertainment.

-OpenAI

Recently, OpenAI has adopted a more gradual approach to innovation in generative AI, focusing on refining its current tools rather than making groundbreaking advancements. The company is diligently working on the successors to its GPT-4o and GPT-4o mini models, emphasizing enhancements in model stability and performance. However, despite these efforts, OpenAI is perceived by some as having relinquished its lead in the generative AI field, potentially due to the hurdles in sourcing high-quality training data.

The challenge is compounded as more content creators restrict access to their online materials, concerned about plagiarism and lack of proper attribution or compensation.

openai devday
openai devday

If the trend of restricting data access persists, experts forecast a potential data drought for training generative AI models in the upcoming years. This predicament, combined with the threat of copyright litigation, has compelled OpenAI to forge expensive licensing deals with publishers and data brokers.

In a promising development, OpenAI has crafted a new reasoning method aimed at enhancing model performance, especially in solving mathematical problems. Mira Murati, the company’s CTO, has hinted at a forthcoming model endowed with “Ph.D.-level” intelligence. This revelation was part of a May blog post announcing the initiation of their next advanced model project, setting high expectations and mounting pressure on the company. OpenAI’s financial strategy involves substantial expenditures on model training and recruiting elite research talent, costing the company billions.

Despite these advancements, OpenAI continues to navigate a host of controversies—from the use of copyrighted data and stringent non-disclosure agreements for employees to the marginalization of safety researchers. The shift towards a slower product development cycle could, however, help alleviate concerns, suggesting a recalibration of priorities towards enhancing AI safety amidst the drive to develop more sophisticated AI technologies.


Featured image credit: Jonathan Kemper/Unsplash

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OpenAI co-founder John Schulman joins their biggest rival, Anthropic https://dataconomy.ru/2024/08/06/openai-john-schulman-joins-anthropic/ Tue, 06 Aug 2024 12:26:01 +0000 https://dataconomy.ru/?p=56251 One of OpenAI’s co-founders and a key architect of the groundbreaking ChatGPT chatbot, has announced his departure from the company to join rival firm Anthropic. This transition marks the latest in a series of high-profile exits from OpenAI, a company that has been at the forefront of AI development and has faced both acclaim and […]]]>

One of OpenAI’s co-founders and a key architect of the groundbreaking ChatGPT chatbot, has announced his departure from the company to join rival firm Anthropic. This transition marks the latest in a series of high-profile exits from OpenAI, a company that has been at the forefront of AI development and has faced both acclaim and scrutiny for its rapid advancements in the field.

Schulman, whose contributions to OpenAI have been instrumental in shaping the company’s trajectory, cited a desire to focus more deeply on AI alignment research as the primary motivation for his move. AI alignment, a critical area of study aimed at ensuring that artificial intelligence systems adhere to human values and intentions, has become an increasingly important topic as AI capabilities continue to expand at an unprecedented pace.

John Schulman leaves OpenAI for Anthropic

In a statement on X to his colleagues, Schulman expressed his intention to “deepen my focus on AI alignment, and to start a new chapter of my career where I can return to hands-on technical work, alongside people deeply engaged with the topics I’m most interested in”.

He was quick to emphasize that his departure was not due to any lack of support for alignment research at OpenAI, praising the company’s leadership for their commitment to investing in this crucial area.

Anthropic, founded in 2021 by a group of former OpenAI researchers, has positioned itself as a company that puts “safety at the frontier” of its work. This focus aligns closely with Schulman’s stated interests and suggests that his expertise will be highly valued in his new role.

The news of Schulman’s departure comes at a time when OpenAI is already navigating a period of significant change and scrutiny. In recent months, the company has seen the exit of several other senior figures, including Ilya Sutskever, another co-founder and former chief scientist, along with members of his team. These departures have raised questions about the company’s internal dynamics and long-term strategy.

Greg is out of the office

Adding to the complexity of the situation, OpenAI’s president Greg Brockman announced on the same day as Schulman’s departure that he would be taking the rest of the year off. Brockman, who co-founded OpenAI with Schulman and others nine years ago, described this as his “first time to relax” since the company’s inception, while also reaffirming his commitment to the mission of building safe artificial general intelligence (AGI).

These developments follow a tumultuous period for OpenAI, which experienced a brief but intense leadership crisis in November 2023. During this episode, both Brockman and CEO Sam Altman were temporarily ousted from their positions, only to be reinstated days later following a strong show of support from employees and investors. The boardroom shake-up resulted in the replacement of most directors who had voted for Altman’s removal, with only Quora CEO Adam D’Angelo remaining from the previous board configuration.

Is this the fall of one of the fastest-growing tech companies?

OpenAI’s journey since the release of ChatGPT in November 2022 has been nothing short of meteoric. The company has achieved a staggering valuation of $86 billion and has continued to push the boundaries of AI capabilities with each new iteration of its technology. However, this rapid progress has not been without its critics. Concerns have been raised about the pace of AI development and the direction of the company’s research, with some former employees echoing these sentiments in the months following the November crisis.

The AI market has become increasingly competitive, with companies like Anthropic emerging as significant players in the field. Anthropic’s focus on AI safety and alignment has attracted not only Schulman but also other former OpenAI employees, such as Jan Leike, who left in May 2023 and subsequently criticized OpenAI’s approach to safety measures.

OpenAI John Schulman joins Anthropic
Since the release of ChatGPT in November 2022, OpenAI has reached a valuation of $86 billion (Image credit)

As the AI industry continues to evolve at a breakneck pace, the movement of key personnel between companies is likely to have far-reaching implications for the development and direction of AI technologies. Schulman’s move to Anthropic may signal a shift in the balance of expertise and could potentially accelerate advancements in AI alignment research.

OpenAI, for its part, has responded graciously to Schulman’s departure, expressing gratitude for his contributions and acknowledging the foundation he has helped establish for future innovations in the field. The company faces the challenge of maintaining its momentum and leadership position in AI development while addressing concerns about safety and responsible innovation.

It’s on!

As the dust settles on this latest transition, the AI community will be watching closely to see how both OpenAI and Anthropic evolve in the coming months. The movement of talent between these companies not only highlights the competitive nature of the AI sector but also underscores the critical importance of alignment research in shaping the future of artificial intelligence.

With the stakes higher than ever, the race to develop safe and beneficial AI systems continues, driven by the brilliant minds that navigate between the industry’s leading organizations.

Not to mention Elon Musk has also drawn his sword against OpenAI, the upcoming days of the tech giant will not be a walk on a sunny day.


Featured image credit: Emre Çıtak/Bing Image Creator

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Is Google an illegal monopoly? https://dataconomy.ru/2024/08/06/doj-google-antitrust-lawsuit-monopoly/ Tue, 06 Aug 2024 09:59:48 +0000 https://dataconomy.ru/?p=56221 The Google antitrust lawsuit revealed a striking truth: According to the DOJ, Google is an illegal monopoly. The U.S. Department of Justice and several states have taken on Google, accusing it of illegally monopolizing search and online ads. Since the lawsuit hit the courts in October 2020, it’s revealed some shocking claims: Google allegedly used […]]]>

The Google antitrust lawsuit revealed a striking truth: According to the DOJ, Google is an illegal monopoly.

The U.S. Department of Justice and several states have taken on Google, accusing it of illegally monopolizing search and online ads. Since the lawsuit hit the courts in October 2020, it’s revealed some shocking claims: Google allegedly used exclusive deals and clever tactics to keep competitors at bay and maintain its top spot. As this high-stakes case unfolds, it could lead to major changes in how big tech companies operate. Buckle up as we dive into the drama of the lawsuit, where things stand now, and what it could mean for the future of Google and the tech world.

Google antitrust lawsuit explained

The Google antitrust lawsuit is a major legal case in which the U.S. Department of Justice (DOJ) and several other states accused Google of unfairly dominating the search and online advertising markets.

In October 2020, the DOJ, along with 11 state attorneys general, filed a lawsuit against Google. They claimed that Google was using unfair practices to keep its top position in search and online ads. This Google antitrust lawsuit was based on the Sherman Antitrust Act, which is a law designed to prevent companies from having too much control over a market.

Accusations

The DOJ said Google made deals with companies like Apple, Android device makers, and browser developers to make sure Google’s search engine was the default choice. For example, Google paid Apple billions of dollars to ensure Google Search was the default on Safari browsers. These deals made it hard for other search engines to compete.

Explore the Google antitrust lawsuit, a pivotal case challenging Big Tech's market dominance and its implications for future regulations.The Google antitrust lawsuit argued that the search giant controlled the market for general search services and search ads. By making it difficult for other search engines to get noticed, Google kept advertisers locked into using its ad tools, which could lead to higher prices.

Google allegedly forced phone makers using its Android system to pre-install Google apps if they wanted access to the Google Play Store. This meant users were more likely to use Google services than competitors.

The case is based on the Sherman Antitrust Act’s Section 2, which prohibits monopolies. The DOJ claimed Google was breaking this law by keeping its market dominance through unfair practices with these actions.

Initial findings

In 2023, Judge Amit Mehta ruled that Google did maintain a monopoly in the general search and search ads markets. He agreed with the DOJ that Google had broken the law by blocking competition. However, he didn’t find enough evidence to say Google had a monopoly in all areas of online advertising.

Explore the Google antitrust lawsuit, a pivotal case challenging Big Tech's market dominance and its implications for future regulations.Judge Mehta pointed out that Google’s massive payments to companies like Apple discouraged them from creating their own search engines. This was a key reason why other search engines couldn’t gain ground.

Google loses antitrust case: What’s next?

According to Attorney General Merrick B. Garland, in a statement, the ruling underscores that “no company—no matter how large or influential—is above the law.” He emphasized the Justice Department’s commitment to enforcing antitrust laws, reflecting a broader effort to ensure fair competition in the marketplace. Kanter echoed these sentiments, describing the decision as a “landmark” that holds Google accountable and opens the door for future innovation. He praised the dedication of public servants and state law enforcement partners, whose hard work made this outcome possible, ensuring that all Americans continue to have access to diverse and competitive sources of information.

The next step is to decide what to do about Google’s violations. This could include changing how Google does business or even breaking up parts of the company. However, these decisions haven’t been made yet.

Explore the Google antitrust lawsuit, a pivotal case challenging Big Tech's market dominance and its implications for future regulations.Google plans to appeal the ruling, saying that its success comes from having a great product, not from being unfair. It also argues that it faces competition from other tech giants, even if those companies don’t offer search engines.

The Google antitrust lawsuit is part of a larger trend of governments cracking down on big tech companies. Google isn’t just facing issues in the U.S. They’ve also been fined billions of euros in the European Union for similar reasons.  Similar lawsuits are happening against Amazon, Apple, and Meta (formerly Facebook). These cases could lead to significant changes in how tech companies operate.


All images are generated by Eray Eliaçık/Bing

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Musk is once again after OpenAI https://dataconomy.ru/2024/08/06/elon-musk-openai-lawsuit-2024/ Tue, 06 Aug 2024 08:20:06 +0000 https://dataconomy.ru/?p=56215 Elon Musk X OpenAI lawsuit has once again reignited. Elon Musk has reignited his legal battle against OpenAI, filing a new lawsuit in federal court in Northern California. The Elon Musk X OpenAI lawsuit targets the company, CEO Sam Altman, and co-founder Gregory Brockman, following a previously dropped suit in June. Core allegations of Elon […]]]>

Elon Musk X OpenAI lawsuit has once again reignited.

Elon Musk has reignited his legal battle against OpenAI, filing a new lawsuit in federal court in Northern California.

The Elon Musk X OpenAI lawsuit targets the company, CEO Sam Altman, and co-founder Gregory Brockman, following a previously dropped suit in June.

Core allegations of Elon Musk X OpenAI lawsuit

The Elon Musk X OpenAI lawsuit claims that the company has abandoned its original nonprofit mission by reserving advanced AI technology for private customers. Musk’s legal team argues this shift betrays the company’s founding principles and Musk’s vision for open-source AI development.

This latest Elon Musk OpenAI lawsuit goes further than the previous one, including accusations of racketeering activity. It alleges that OpenAI’s partnership with Microsoft has fundamentally altered the company’s trajectory, creating a “web of for-profit OpenAI affiliates” that systematically drained the nonprofit’s valuable resources.

Elon Musk OpenAI lawsuit
Musk’s legal team claims OpenAI has abandoned its original nonprofit mission by reserving advanced AI technology for private customers (Image credit)

OpenAI’s previous response

In response to Musk’s original lawsuit, OpenAI dismissed the claims as “incoherent” and “frivolous.” The company published emails from Musk that appeared to show his acknowledgment of the need for substantial funding to support OpenAI’s ambitious AI projects, seemingly contradicting his lawsuit’s claims about the pursuit of profit.

Musk’s lawsuit is not the only challenge facing OpenAI. The company is under investigation by the Federal Trade Commission for potential consumer protection law violations, as WSJ reports. The Securities and Exchange Commission has also reportedly probed whether OpenAI misled investors.

Additionally, several high-profile safety leaders including Ilya Sutskever have left the company, citing concerns about the prioritization of rapid product rollouts over safety considerations.

Elon Musk sues OpenAI once again

The new lawsuit seeks significant remedies, including:

  1. A constructive trust on OpenAI’s “ill-gotten gains, property, and assets” traceable to Musk’s contributions
  2. A judicial determination that OpenAI’s license to Microsoft is null and void

These demands reflect Musk’s assertion that OpenAI’s current direction contradicts its original mission and his intentions as a co-founder.

How much of OpenAI does Elon Musk own?

Well, Elon Musk no longer owns any part of OpenAI.

He left the company’s board in 2018 and has not been directly involved in its operations since then. Musk’s lawsuit is not based on current ownership but on his role as a co-founder and his contributions to the company’s early development.

This legal conflict between Musk and OpenAI represents more than a dispute between a former founder and his company. It touches on fundamental questions about the development and control of artificial intelligence:

  1. The balance between open-source development and proprietary technology
  2. The role of profit in advancing AI research and capabilities
  3. The ethical considerations in AI development and deployment
  4. The potential consequences of concentrated control over advanced AI systems

As this legal battle unfolds, it will likely continue to spark debates about the future direction of AI development and the responsibilities of those at the forefront of this transformative technology.

The outcome could have far-reaching implications for the AI industry, potentially influencing how companies approach the balance between innovation, profit, and ethical considerations in AI development.

Elon Musk OpenAI lawsuit
Musk’s new lawsuit seeks significant remedies, including a constructive trust on OpenAI’s gains and a judicial determination that OpenAI’s license to Microsoft is null and void (Image credit)

Let’s be real

The timing of this Elon Musk OpenAI lawsuit has raised eyebrows in the tech community.

Isn’t it such a coincidence that all this noise coincides with the upcoming release date of Grok 2, the next iteration of AI from Musk’s own company, xAI?

This lawsuit comes amid significant controversy surrounding X’s AI search assistant, Grok, and its role in spreading false information about ballot deadlines during a critical election year. Following President Joe Biden’s withdrawal from his presidential candidacy on July 21, 2024, Grok inaccurately claimed that the ballot deadline had passed in nine states, which was not true, according to the State of Minnesota’s letter to Musk.

Despite a disclaimer advising users to verify information, this misinformation was widely shared and only corrected after more than a week.

Given these circumstances, the legal battle touches on important issues in AI development and ethics. It’s worth considering the potential strategic implications. The high-profile nature of the Elon Musk OpenAI lawsuit could serve to draw attention away from OpenAI’s products and towards Musk’s own AI ventures. It might also be seen as an attempt to cast doubt on OpenAI’s practices just as Musk’s competing product is set to launch.

However, it’s important to note that the issues raised in the lawsuit are substantive and deserve serious consideration, regardless of timing. The questions about AI development, open-source principles, and the balance between profit and public good are crucial as AI continues to advance day by day.


Featured image credit: Indrajitsingh/Pixabay

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Kia Hyundai settlement claim is valued at 145 million USD https://dataconomy.ru/2024/08/05/kia-hyundai-settlement-claim-2024/ Mon, 05 Aug 2024 14:02:49 +0000 https://dataconomy.ru/?p=56196 For millions of car owners, a $145 million Kia Hyundai settlement claim has been reached to address concerns over vehicle security. The Kia Hyundai settlement claim stems from complaints about a perceived defect in certain Kia and Hyundai vehicles manufactured between 2011 and 2022. These vehicles allegedly lacked proper theft-deterrent equipment, making them vulnerable to […]]]>

For millions of car owners, a $145 million Kia Hyundai settlement claim has been reached to address concerns over vehicle security.

The Kia Hyundai settlement claim stems from complaints about a perceived defect in certain Kia and Hyundai vehicles manufactured between 2011 and 2022. These vehicles allegedly lacked proper theft-deterrent equipment, making them vulnerable to theft.

The issue gained widespread attention following a TikTok trend known as the “Kia Boys,” which demonstrated how easily some models could be stolen. Famous YouTuber Tommy G has even made an interview with them and this simply shows how easy was it to hijack any Kia and Hyundai vehicle back in the day:

How to apply for Kia Hyundai settlement claim

While both Kia and Hyundai agreed to the settlement, they did not admit to any wrongdoing. The companies stated that the settlement was reached to avoid lengthy litigation and provide relief to affected vehicle owners and lessees.

Drivers who purchased or leased a Kia or Hyundai vehicle between 2011 and 2022 may be eligible for compensation. The settlement offers various levels of reimbursement:

  1. Up to $3,375 for drivers whose vehicles were a total loss due to theft.
  2. An additional $375 for insurance-related expenses.
  3. $250 for other theft-related expenses.
  4. $50 for the purchase of anti-theft devices like steering wheel locks.

To participate in the settlement, eligible drivers must follow these steps:

  1. Verify eligibility: Ensure your vehicle falls within the specified manufacturing years (2011-2022).
  2. Gather documentation: Collect proof of purchase or lease, insurance claims (if applicable), and receipts for any theft-related expenses.
  3. Visit the official settlement website: Access the official claim form.
  4. Complete the claim form: Provide all required information and upload supporting documents.
  5. Submit before the deadline: Ensure your claim is submitted by January 11, 2025.

It’s crucial to note that the Kia Hyundai settlement claim administrators will review each claim individually, and compensation may vary based on the specific circumstances of each case.

How easy was it to hijack those cars back in the day?

The recent Kia Hyundai settlement claim addresses a significant security vulnerability affecting millions of vehicles manufactured between 2011 and 2021. This issue has led to a surge in car thefts across the United States, prompting legal action and manufacturer responses.

At the heart of this security flaw lies a critical omission: the lack of engine immobilizers in many Kia and Hyundai models. Engine immobilizers are standard anti-theft devices that prevent a car from starting without the correct key or fob. While countries like Canada mandated these devices in cars manufactured from September 2007 onward, no such regulation existed in the United States. This regulatory gap allowed manufacturers to produce vehicles without this crucial security feature, inadvertently making them easy targets for theft.

The method used by thieves, popularized by the “Kia Boys” on social media, is shockingly straightforward. It involves breaking a window, accessing the steering column, and using a USB-A plug or similar device to start the car. This process can be completed in minutes, making these vehicles exceptionally vulnerable.

How to apply for Kia Hyundai settlement claim
The theft method involved using a USB-A plug to start the car after breaking a window (Image credit)

The consequences of this security flaw have been severe and widespread. In Milwaukee, Wisconsin, the epicenter of this issue, Kia and Hyundai thefts increased by an astounding 3,000% between 2019 and 2021. Chicago reported an 800% increase in thefts of these vehicles in August 2022 compared to the previous year. The problem has since spread to cities nationwide, overwhelming dealerships with damaged vehicles and causing parts shortages.

The Kia Hyundai settlement claim represents a significant step towards addressing the concerns of millions of drivers. By understanding the claim process and taking advantage of the offered compensation and security upgrades, affected owners can mitigate past risks and enhance their vehicle’s security for the future.

Remember, the deadline to submit a claim is January 11, 2025. Don’t miss this opportunity to receive compensation and improve your vehicle’s security. Stay informed, stay safe, and take action to protect your investment.


Featured image credit: 𝔑𝔦𝔩𝔰 𝔅𝔬𝔤𝔡𝔞𝔫𝔬𝔳𝔰/Unsplash

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Get your piece of Apple’s $50 million payout https://dataconomy.ru/2024/08/05/macbook-butterfly-keyboard-settlement-payment/ Mon, 05 Aug 2024 12:39:36 +0000 https://dataconomy.ru/?p=56177 The MacBook butterfly keyboard settlement payment is a major resolution for users who faced problems with Apple’s controversial keyboard design. Wait, do you need a recap? Here is what happened: Apple has agreed to pay $50 million to resolve a class action lawsuit over the defective butterfly keyboards used in MacBook models from 2015 to […]]]>

The MacBook butterfly keyboard settlement payment is a major resolution for users who faced problems with Apple’s controversial keyboard design. Wait, do you need a recap? Here is what happened:

Apple has agreed to pay $50 million to resolve a class action lawsuit over the defective butterfly keyboards used in MacBook models from 2015 to 2019. The lawsuit alleged that Apple knew about the design flaws but did not inform consumers, leading to widespread problems with the keyboards. The payback day has come.

MacBook Butterfly Keyboard Settlement payment explained

First, let’s learn if you are eligible or not. To be eligible for the MacBook Butterfly Keyboard Settlement payment, you must meet certain criteria:

  • Ownership: You need to have owned a MacBook with a butterfly keyboard. This includes MacBook models from 2015 through 2019.
  • Repairs: You must have experienced issues with the keyboard and had it repaired. The repairs should have been carried out under Apple’s repair program, or you should have paid out of pocket for repairs.
Apple's $50M MacBook Butterfly Keyboard Settlement payment: Find out if you're eligible for up to $395 in compensation for repair issues.
MacBook Butterfly Keyboard Settlement payment: Apple is paying $50 million to settle a class action lawsuit over faulty butterfly keyboards in MacBook models from 2015-2019
  • Claim submission: You need to have submitted a valid claim for compensation under the settlement. Claims were submitted through an online portal or by mail.

Are you eligible? Here is how much you will get

The amount of money you receive depends on several factors:

  • Extent of repairs: The payout amount is based on the extent of the repairs needed. If your keyboard had multiple issues or required extensive repairs, you may receive a higher amount.
  • Type of repair: Compensation is also influenced by whether you had the keyboard replaced or repaired multiple times. Those who had multiple repairs or replacements may receive more.

Approved claims can receive up to $395. This amount reflects the estimated cost of repairs and potential inconvenience caused by the defective keyboard.

Apple's $50M MacBook Butterfly Keyboard Settlement payment: Find out if you're eligible for up to $395 in compensation for repair issues.
Apple’s $50M MacBook Butterfly Keyboard Settlement payment: The lawsuit alleged that Apple knew about the keyboard defects but did not inform consumers

Payments are being issued in the form of checks. If your claim is approved, you will receive a check for the amount determined by the settlement. Payments began to be issued following the settlement agreement.

How to claim your MacBook Butterfly Keyboard Settlement payment

  • Submit a claim: If you haven’t already, make sure you submitted your claim before the deadline. Claims were processed through the settlement’s claims portal or by mail.
  • Documentation: Ensure you provided all necessary documentation, such as proof of purchase and repair records, to support your claim.

What if you’re denied?

If your claim is denied or you believe the amount is incorrect, there is typically an appeals process. Review the settlement’s terms for details on how to appeal a decision.

If you have any questions or concerns about your claim, check the official settlement website or contact the settlement administrator for assistance.


All images are generated by Eray Eliaçık/Bing

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Türkiye Instagram ban leaves users questioning the government’s motives https://dataconomy.ru/2024/08/02/why-turkiye-instagram-ban-2024/ Fri, 02 Aug 2024 12:13:51 +0000 https://dataconomy.ru/?p=56080 The Türkiye Instagram ban hit the entire country on Friday, August 2, 2024, and millions of people have failed to gain access to the app. Imagine this: You scroll through your stream, double-click it, and suddenly – puff! Your favorite photo-sharing apps are steam and flying. Türkiye Instagram ban has interrupted users’ social media lives […]]]>

The Türkiye Instagram ban hit the entire country on Friday, August 2, 2024, and millions of people have failed to gain access to the app. Imagine this: You scroll through your stream, double-click it, and suddenly – puff! Your favorite photo-sharing apps are steam and flying. Türkiye Instagram ban has interrupted users’ social media lives with the practice of censorship in the country again.

In an instant, the platform was buried in the dark and both the website and the mobile app became inaccessible. So what is behind this social media blackout? Let’s develop this story and see what develops. It is also worth mentioning that some users in the afternoon can gradually access Instagram again. There is no official statement at the moment.

Türkiye Instagram ban leaves users questioning the government's motives
The Türkiye Instagram ban is not an unexpected event (Image credit)

Türkiye Instagram Ban: A Picture-Perfect Storm

The Türkiye Instagram ban is not an unexpected event. Tensions have been escalating between the government and social media channels in the country recently. Fahrettin Altun, a Turkish communications official, accused Instagram of censorship, claiming the platform blocked condolence messages about Ismail Haniyeh, a key figure in Hamas, the Palestinian militant group. Altun kept Instagram in the rain of criticism on X for what he saw as unfair content removal.

Apparently, the actions of the platform did not get much acclaim from the Turkish authorities. Türkiye’s government is known to support Palestine between the Israeli and Palestinian conflict.

The Türkiye Instagram ban spread so quickly in dirty information that it began to affect most of the users. Initially, the Turkish authorities imposed this ban without any explanation on the matter. But later, Instagram was shut down because “catalog crimes were not followed.” BTK (Information and Communication Technologies Authority) announced to the public.

This is not the first time Türkiye has hit the ‘do not follow’ button on social media platforms. The nation has a history of blocking websites and social networks. Since 2022, it has faced hundreds of thousands of digital domain names being blocked, according to the Freedom of Expression Association. YouTube was blocked in Türkiye from 2007 to 2010. Instagram is the latest person to join this exclusive “banned” club. Who says social media is not private?

Türkiye Instagram ban met with reaction by Turkish citizens. At X it became the subject of Trends globally. And it’s now made it heard in the world. An X user, Cem Say, shared some interesting information. According to Say, Türkiye Constitutional Court initially ruled it unconstitutional, citing the ban as a violation of freedom of expression and freedom of the press. However, in the form of a conspiracy worthy of a soap opera, the regulatory body, BTK, also erased this announcement and allegedly blocked access to the Constitutional Court’s website.

In addition, Fahrettin Altun, who stated that the Constitutional Court was not intercepted by the BTK, said that the reason for the inaccessibility of the site was not accessible due to the excessive intensity of users trying to enter most official sites after the decision taken by the constitutional court.

Interestingly, Say points out that the Official Gazette, where laws are typically published, is accessible. According to the law, the decisions taken by the Turkish Constitutional Court are correct and the decisions taken by the BTK are wrong. But if the rules are not followed, what does the law mean. These laws are concerned with analyzing threats to Türkiye and countering psychological operations, propaganda and disinformation. It’s a heavy thing for what started as a disagreement about photo sharing.

If the Turkish Instagram ban continues for the time being, some unknown users are reporting that they still can’t access it, and some say I now have access. For now, Türkiye Instagram ban story is in a pause phase and no one knows when the next update will drop.


Featured image credit: Anna Popović / Unsplash

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The Twitch DJ Badge is an all-access key to streaming without copyright concerns https://dataconomy.ru/2024/08/02/dj-program-twitch-dj-badge-how-to-get/ Fri, 02 Aug 2024 09:40:38 +0000 https://dataconomy.ru/?p=56057 Starting August 8, 2024, the Twitch DJ Program is set to revolutionize live streaming for DJs. After you get a Twitch DJ badge and access the Twitch DJ Catalog, a library of licensed tracks will be waiting for you. This allows you to focus on delivering live, interactive performances without copyright issues. Plus, you can earn […]]]>

Starting August 8, 2024, the Twitch DJ Program is set to revolutionize live streaming for DJs. After you get a Twitch DJ badge and access the Twitch DJ Catalog, a library of licensed tracks will be waiting for you. This allows you to focus on delivering live, interactive performances without copyright issues. Plus, you can earn through Twitch’s monetization features. Discover how to join, get your DJ badge, and make the most of this exciting new program!

What is Twitch DJ program?

The Twitch DJ Program is designed to give DJs a unique opportunity to showcase their performances on the Twitch platform while using a specially curated music catalog. This catalog, known as the Twitch DJ Catalog, includes tracks that have been cleared for use during live streams, eliminating concerns about copyright infringement.

The Twitch DJ Program officially starts on August 8, 2024. This is when the DJ Category will launch, and DJs can begin participating and using the Twitch DJ Catalog for their live streams. DJs who opt into the program gain access to this catalog, allowing them to integrate these tracks into their live sets.

One of the key aspects of the Twitch DJ Program is its focus on live, interactive performances. DJs are encouraged to deliver dynamic, real-time shows rather than pre-recorded or automated streams. This live element is crucial, as the program explicitly prohibits the recording, rebroadcasting, or uploading of streams featuring the catalog tracks. Additionally, DJs are expected to avoid sharing their setlists in advance and to mix tracks from various artists rather than focusing on a single artist or album.

You can check the Twitch DJ Catalog

Twitch DJ Catalog is a vast and updated library. If you wonder what’s included it, you just need to:

Twitch DJ Program offers DJs a curated catalog of licensed tracks for live! Learn how to get the Twitch DJ badge and rules you need to follow!
The Twitch DJ badge is part of the new Twitch DJ Program, launching on August 8, 2024

The catalog features numerous musicians, making it simpler to highlight the exceptions.

Here are the artists not included in the catalog:

Twitch DJ Program offers DJs a curated catalog of licensed tracks for live! Learn how to get the Twitch DJ badge and rules you need to follow!
The Twitch DJ badge grants access to the catalog, a library of licensed music tracks cleared for use in live streams (Credit: Twitch)

How will DJs earn with the new Twitch DJ program?

Monetization is another important component of the program. DJs participating in the Twitch DJ Program can earn revenue through Twitch’s monetization features, such as subscriptions and ads. However, a portion of the revenue is deducted to cover music rights costs associated with the use of the tracks in the catalog.

The program also includes specific rules regarding branded content. DJs can include product placements and on-stream call-outs but must adhere to Twitch’s policies regarding other forms of branded content.

How to get the Twitch DJ badge

To get the Twitch DJ badge, follow these steps:

  • Opt-in to the Twitch DJ Program: First, you need to opt-in to the Twitch DJ Program through the Twitch website. This involves selecting the opt-in option on your Twitch account dashboard.
  • Meet Twitch DJ badge requirements: Ensure you meet all the eligibility criteria and adhere to the rules set out in the DJ Program Terms. This includes complying with Twitch’s general Terms of Service and any specific rules for the DJ Program. After than, click ““Join Twitch DJ Program”
  • Start streaming: Once you’ve opted in and are part of the program, the Twitch DJ badge will arrive. Begin live streaming your DJ performances using the Twitch DJ Catalog tracks.
Twitch DJ Program offers DJs a curated catalog of licensed tracks for live! Learn how to get the Twitch DJ badge and rules you need to follow!
To receive the Twitch DJ badge, DJs must opt into the program via their Twitch account dashboard (Credit: Steam Database/X)

Twitch typically awards badges to participants who consistently adhere to the program’s guidelines and actively engage with the Twitch community. The specific criteria for receiving the badge can vary, so keep an eye on any updates or announcements from Twitch regarding badge distribution. If you have any questions or need further assistance, you can reach out to Twitch Support.

To secure your badge and continue benefiting from the program, make sure to follow all Twitch DJ Program rules.

Rules: How to keep your Twitch DJ badge

The Twitch DJ Program has a set of rules designed to ensure that DJs comply with copyright laws, maintain a high standard of content, and respect the platform’s guidelines.

  • Music use: Only use music included in the Twitch DJ Catalog. Playing tracks not listed in the catalog requires written permission from the rights holders.
  • Artist promotion: Avoid using an artist’s name, image, or trademarks in a way that implies endorsement or promotion of your channel without permission.
  • Third-party content: Do not play music videos or other audiovisual content from third parties without permission.
  • Live performances: Refrain from rebroadcasting or simulcasting concerts or live performances without proper authorization.
  • Setlists and requests: Do not share your setlists in advance or play requests from the audience immediately.
  • Album play: Avoid playing an entire album or a substantial portion of an album in one live stream.
  • Artist variety: Do not restrict your live stream to tracks from a single artist. This rule applies to both main performers and guest artists on the tracks.
Twitch DJ Program offers DJs a curated catalog of licensed tracks for live! Learn how to get the Twitch DJ badge and rules you need to follow!
To keep the Twitch DJ badge, DJs must adhere to specific rules, including using only catalog music and avoiding pre-recorded or automated streams (Credit)
  • Live streaming only: The DJ Program is intended for live streaming performances only. Refrain from recording or rebroadcasting your DJ sets.
  • No audio-only broadcasts: Ensure that your stream includes a live, interactive audiovisual performance. Audio-only or automated broadcasts are not permitted.
  • Catalog compliance: Regularly check the Twitch DJ Catalog to ensure that you are only using tracks that are currently listed. Music rights and available tracks may change, so stay updated.
  • Branded content: Do not include branded content in ways that violate the program’s policies. Only product placements, physical signage, and on-stream callouts are allowed unless otherwise approved by Twitch.
  • Accuracy in reporting: Avoid manipulating or interfering with Twitch’s efforts to track and report on using Catalog Tracks.

Simply follow Twitch’s Terms of Service and any applicable Monetization Agreements. Non-compliance may result in enforcement actions, including potential account strikes or other penalties.

Bad news, it’s not available everywhere

Geographically, the Twitch DJ Program is not available in all regions. Twitch determines the availability of the program and the catalog on a regional basis, and it can be subject to change. Here are the countries that can’t get a Twitch DJ badge:

  • Belarus
  • China
  • Cuba
  • Iran
  • North Korea (Democratic People’s Republic of Korea)
  • South Korea
  • Syria

You can opt-out anytime

Accepted DJs can opt out of the program at any time. Upon opting out, access to the Twitch DJ Catalog is immediately revoked, and any use of catalog tracks must cease. Twitch also can terminate a DJ’s participation in the program if necessary, with or without cause.


Featured image credit: Eray Eliaçık/Bing

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OpenAI evolves from controversial leader to safety advocate https://dataconomy.ru/2024/08/01/openai-u-s-ai-safety-institute/ Thu, 01 Aug 2024 11:52:37 +0000 https://dataconomy.ru/?p=56017 OpenAI, the company behind ChatGPT, is taking steps to address concerns about AI safety and governance. CEO Sam Altman recently announced that OpenAI is working with the U.S. AI Safety Institute to provide early access to its next major generative AI model for safety testing. The move comes amid growing scrutiny of OpenAI’s commitment to […]]]>

OpenAI, the company behind ChatGPT, is taking steps to address concerns about AI safety and governance.

CEO Sam Altman recently announced that OpenAI is working with the U.S. AI Safety Institute to provide early access to its next major generative AI model for safety testing.

The move comes amid growing scrutiny of OpenAI’s commitment to AI safety and its influence on policy-making.

Collaboration with the U.S. AI Safety Institute

The U.S. AI Safety Institute, a federal body aimed at assessing and addressing risks in AI platforms, will have the opportunity to test OpenAI’s upcoming AI model before its public release. While details of the agreement are scarce, this collaboration represents a significant step towards increased transparency and external oversight of AI development.

The partnership follows a similar deal OpenAI struck with the UK’s AI safety body in June, suggesting a pattern of engagement with government entities on AI safety issues.

OpenAI US AI Safety Institute
The partnership follows a similar agreement with the UK’s AI safety body in June (Image credit)

Addressing safety concerns

OpenAI’s recent actions appear to be a response to criticism regarding its perceived deprioritization of AI safety research. The company previously disbanded a unit working on controls for “superintelligent” AI systems, leading to high-profile resignations and public scrutiny.

In an effort to rebuild trust, OpenAI has:

  1. Eliminated restrictive non-disparagement clauses.
  2. Created a safety commission.
  3. Pledged 20% of its compute resources to safety research.

However, some observers remain skeptical, particularly after OpenAI staffed its safety commission with company insiders and reassigned a top AI safety executive.

Influence on AI policy

OpenAI’s engagement with government bodies and its endorsement of the Future of Innovation Act has raised questions about the company’s influence on AI policymaking. The timing of these moves, coupled with OpenAI’s increased lobbying efforts, has led to speculation about potential regulatory capture.


Machine unlearning: Can AI really forget?


Altman’s position on the U.S. Department of Homeland Security’s Artificial Intelligence Safety and Security Board further underscores the company’s growing involvement in shaping AI policy.

Looking ahead

As AI technology continues to advance rapidly, the balance between innovation and safety remains a critical concern. OpenAI’s collaboration with the U.S. AI Safety Institute represents a step towards more transparent and responsible AI development.

However, it also highlights the complex relationship between tech companies and regulatory bodies in shaping the future of AI governance.

The tech community and policymakers will be watching closely to see how this partnership unfolds and what impact it will have on the broader landscape of AI safety and regulation.


Featured image credit: Kim Menikh/Unsplash

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Microsoft Azure outages starts as Microsoft DDoS protection fails https://dataconomy.ru/2024/08/01/microsoft-azure-outages-microsoft-ddos/ Thu, 01 Aug 2024 07:23:41 +0000 https://dataconomy.ru/?p=56128 Recent Microsoft Azure outages that caused by a Microsoft DDoS attack have sent shockwaves through the tech industry, highlighting the vulnerability of even the most robust cloud infrastructure. On July 30, Microsoft confirmed that a distributed denial of service (DDoS) attack triggered a significant disruption to its Azure services, causing widespread issues for users worldwide. […]]]>

Recent Microsoft Azure outages that caused by a Microsoft DDoS attack have sent shockwaves through the tech industry, highlighting the vulnerability of even the most robust cloud infrastructure.

On July 30, Microsoft confirmed that a distributed denial of service (DDoS) attack triggered a significant disruption to its Azure services, causing widespread issues for users worldwide.

The Microsoft Azure outages, which lasted nearly 10 hours, affected a range of critical services, including Microsoft 365 products like Office and Outlook. This incident comes hot on the heels of another recent issue where a CrowdStrike update caused Microsoft Windows machines to crash, compounding concerns about the stability of Microsoft’s ecosystem.

How did the Microsoft Azure outages start?

The Microsoft Azure outages began at approximately 11:45 AM UTC and weren’t fully resolved until 19:43 PM. During this time, users experienced difficulties connecting to various Microsoft services globally. The impact was far-reaching, affecting Azure App Services, Application Insights, Azure IoT Central, and even the Azure portal itself.

Microsoft’s Azure Support X account has shared the following words about the situation:

Microsoft’s initial investigation revealed that the root cause of these Microsoft Azure outages was a DDoS attack. In a DDoS attack, adversaries flood services with an overwhelming amount of traffic, aiming to bring them to a standstill. What’s particularly concerning about this incident is that Microsoft’s existing DDoS protection mechanisms failed to mitigate the attack effectively.

The Microsoft DDoS protection paradox

Ironically, it was Microsoft’s own DDoS protection system that amplified the impact of the attack rather than mitigating it. The company admitted that an error in the implementation of its defenses exacerbated the situation, leading to what they described as an “unexpected usage spike.” This spike caused Azure Front Door and Azure Content Delivery Network components to perform below acceptable thresholds, resulting in intermittent errors, timeouts, and latency spikes.

The fact that Microsoft’s DDoS protection system failed in this manner raises serious questions about the robustness of their cybersecurity measures. Sean Wright, head of application security at Featurespace, noted that this incident, similar to the recent CrowdStrike issue, underscores the critical importance of thorough software testing, especially for protective systems.

Implications and fallout

The Microsoft Azure outages had far-reaching consequences, affecting numerous businesses that rely on these services. Notable among the affected companies was U.K. bank NatWest, highlighting the potential for such disruptions to impact critical financial services.

These Microsoft Azure outages, coming so soon after the CrowdStrike incident, have created what some might consider unfair negative publicity for Microsoft. The tech giant is acutely aware of this and has promised transparent communication throughout the incident’s aftermath. Microsoft has committed to publishing a Preliminary Post Incident Review within 72 hours, aiming to provide more details about the attack and their response.

What’s next?

As Microsoft works to recover from these Microsoft Azure outages, the incident serves as a stark reminder of the ongoing challenges in maintaining robust cloud infrastructure. The company will need to thoroughly review and enhance its DDoS protection mechanisms to prevent similar incidents in the future.

Microsoft Azure outages Microsoft DDoS
Microsoft has promised to publish a Preliminary Post Incident Review within 72 hours (Image credit)

For Azure users, Microsoft advises configuring and maintaining Azure Service Health alerts to stay informed about future service issues. This proactive approach can help organizations better prepare for and respond to potential disruptions.
While Microsoft services are currently back up and running, this incident has undoubtedly shaken confidence in the Azure platform.

As cloud services become increasingly central to business operations worldwide, the pressure is on Microsoft to ensure the reliability and security of its Azure infrastructure in the face of evolving cyber threats.

The coming weeks will be crucial as Microsoft works to rebuild trust and demonstrate its commitment to preventing future Microsoft Azure outages. The tech community will be watching closely to see how the company addresses the vulnerabilities exposed by this DDoS attack and strengthens its defenses against future threats.


Featured image credit: Microsoft

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Chip issues first, Intel layoffs 2024 next https://dataconomy.ru/2024/08/01/intel-layoffs-2024-chip-issues/ Thu, 01 Aug 2024 07:16:59 +0000 https://dataconomy.ru/?p=56048 The tech industry is abuzz with news of potential Intel layoffs 2024, as the semiconductor giant grapples with a series of challenges. This latest development comes on the heels of ongoing issues with Intel’s 13th and 14th generation processors, further complicating the company’s position in an increasingly competitive chip market. Intel layoffs 2024 looms According […]]]>

The tech industry is abuzz with news of potential Intel layoffs 2024, as the semiconductor giant grapples with a series of challenges. This latest development comes on the heels of ongoing issues with Intel’s 13th and 14th generation processors, further complicating the company’s position in an increasingly competitive chip market.

Intel layoffs 2024 looms

According to a recent Bloomberg report, Intel is poised to announce significant job cuts during its upcoming second-quarter earnings call. While the exact number remains unconfirmed, sources suggest that thousands of employees from Intel’s global workforce of 110,000 could be affected by these Intel layoffs 2024.

This isn’t the first time Intel has trimmed its workforce in recent years. The company initiated job cuts in October 2022 and continued the trend throughout 2023, reducing its staff by approximately 5% during that period. The potential Intel layoffs 2024 would mark a continuation of this cost-cutting strategy as the company navigates turbulent waters.

Intel layoffs 2024 Chip issues
Intel’s 13th and 14th generation processors have faced significant instability problems (Image credit)

Technical troubles compound the situation

The news of potential Intel layoffs 2024 comes at a particularly challenging time for the chip manufacturer. Intel has been grappling with a highly publicized issue affecting its 13th and 14th generation desktop processors. Users have reported frequent system crashes, blue screens of death, and instability, particularly during demanding tasks like gaming.


Intel wants your help building AI PCs


The root cause of these problems has been traced to a microcode bug causing the processors to draw excessive voltage. This not only leads to instability but also raises concerns about potential long-term damage to the affected chips. Intel has promised a microcode patch to address the issue, but the company’s handling of the situation has drawn criticism from consumers and industry observers alike.

A flashback to Intel 13th and 14th Gen issues

Intel’s 13th and 14th generation processors have faced significant instability problems.

These issues primarily stem from elevated operating voltage, which can cause crashes, blue screens, and even potential damage to the CPU.

Intel has identified the root cause as a microcode algorithm error that leads to incorrect voltage requests. To address this, they are releasing a microcode patch in mid-August. Additionally, they have extended the warranty on affected processors by two years.

Important points to remember:

  • Issue: Elevated operating voltage causing instability.
  • Cause: Microcode algorithm error.
  • Solution: Upcoming microcode patch and extended warranty.
  • Impact: Affects 13th and 14th gen processors with 65W or higher power consumption.

Who is Pat Gelsinger?

Pat Gelsinger is the CEO of Intel Corporation.

He took over the position in 2021 and has been instrumental in the company’s efforts to regain its leadership position in the semiconductor industry. Under his leadership, Intel has been focusing on process technology advancements, product innovation, and addressing manufacturing challenges.

Gelsinger is a veteran in the semiconductor industry with a long history at Intel. His return as CEO was seen as a strategic move to revitalize the company.

Market pressures are harsh

The potential Intel layoffs 2024 reflect broader challenges facing the company in an evolving semiconductor market. While Intel has long been a dominant force in CPU manufacturing, it now faces stiff competition from rivals like AMD, who offer comparable performance at competitive prices.

Additionally, the surge in demand for AI-specific chips has shifted focus away from traditional CPUs – Intel’s longtime bread and butter. While the company has made efforts to enter the GPU market and position itself as an AI solutions provider, it faces an uphill battle against established players in these segments.

Intel layoffs 2024 Chip issues
The Intel layoffs 2024 could affect thousands of employees from Intel’s global workforce of 110,000 (Image credit)

What’s next for Intel?

As Intel contemplates these layoffs 2024, the company finds itself at a critical juncture. Addressing the technical issues plaguing its recent processors is paramount to rebuilding consumer trust. Simultaneously, Intel must navigate the shifting demands of the semiconductor market, balancing its traditional strengths with the need to innovate in emerging areas like AI and specialized computing.

The potential Intel layoffs 2024 may provide short-term cost savings, but the company’s long-term success will hinge on its ability to overcome technical challenges, diversify its product offerings, and regain its competitive edge in a rapidly evolving industry.

For employees, consumers, and investors alike, all eyes will be on Intel’s upcoming earnings call. The announcement of these Intel layoffs 2024, if confirmed, will likely spark further discussions about the company’s strategy and its place in the future of computing technology.

As this situation continues to develop, it’s clear that Intel faces a pivotal moment in its storied history. The coming months will be crucial in determining whether the chip giant can weather this storm and emerge as a stronger, more adaptable force in the semiconductor industry.


Featured image credit: Brecht Corbeel/Unsplash

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Meta and Google are in trouble with AI hallucinations https://dataconomy.ru/2024/07/31/meta-and-google-are-in-trouble-with-ai-hallucinations/ Wed, 31 Jul 2024 12:30:29 +0000 https://dataconomy.ru/?p=55958 Meta’s AI assistant mistakenly claimed that the recent attempt to assassinate former President Donald Trump did not occur. A company executive has explained this mistake as a flaw in the underlying technology of the chatbot and similar systems. Does Meta and Google censor some politicians? In a blog post on Tuesday, Joel Kaplan, Meta’s global […]]]>

Meta’s AI assistant mistakenly claimed that the recent attempt to assassinate former President Donald Trump did not occur. A company executive has explained this mistake as a flaw in the underlying technology of the chatbot and similar systems.

Does Meta and Google censor some politicians?

In a blog post on Tuesday, Joel Kaplan, Meta’s global head of policy, described the AI’s responses to queries about the incident as “unfortunate.” He noted that initially, Meta AI was set up to avoid addressing questions about the assassination attempt, but this limitation was lifted after users began to take notice.

“Meta AI continued to provide incorrect answers, including sometimes asserting that the event didn’t happen – which we are quickly working to address,” he said.

“These types of responses are referred to as hallucinations, which is an industry-wide issue we see across all generative AI systems, and is an ongoing challenge for how AI handles real-time events going forward. Like all generative AI systems, models can return inaccurate or inappropriate outputs, and we’ll continue to address these issues and improve these features as they evolve and more people share their feedback,” he added.

Meta and Google are in trouble with AI hallucinations
Meta’s AI assistant mistakenly claimed that the recent attempt to assassinate former President Donald Trump did not occur (Image credit)

Meta isn’t the only tech giant facing scrutiny. Google also had to address accusations on Tuesday that its Search autocomplete feature was censoring information about the assassination attempt on former President Donald Trump.

Elon Musk had claimed without evidence that Google had implemented a “search ban” on Trump, prompting Google to clarify that the issues were actually due to bugs in the autocomplete function. Despite this, Musk’s tweet, which garnered over 118 million views, compelled Google to publicly explain how this basic feature operates.

Although Google did not directly mention Elon Musk, over the weekend, Musk alleged that “Google has a search ban on President Donald Trump.” This assertion seemed to stem from a screenshot showing Google suggesting “president donald duck” and “president donald regan” when “president donald” was entered into the search bar.

On the same day, Donald Trump Jr. posted a similar image showing no autocomplete results related to Donald Trump for the search phrase “assassination attempt on.” Both Trump Jr. and Musk accused Google of “election interference.”

In its posts on Tuesday, Google clarified that users can search for anything they want, regardless of the autocomplete suggestions. The company noted that “built-in protections related to political violence” had blocked autocomplete from suggesting Trump-related searches, but acknowledged that these systems were outdated.

Additionally, Google attributed the unusual suggestions for “president donald” to a “bug that spanned the political spectrum,” which also affected searches related to former President Barack Obama and other notable figures.

Meta and Google are in trouble with AI hallucinations
Elon Musk had claimed without evidence that Google had implemented a “search ban” on Trump (Image credit)

Google also addressed why articles about Kamala Harris appeared in search results for Donald Trump, explaining it wasn’t due to a conspiracy but because both politicians, who are actively campaigning for president, are frequently mentioned together in news articles. Despite this explanation, Musk’s post on X has sparked a wave of conspiracy theories about Google’s motives, although this should be evident to anyone familiar with internet search dynamics.

Musk’s post, which questioned if Google was meddling in the election, carried a layer of irony since he himself faced criticism that same weekend for sharing a manipulated video of Kamala Harris without proper labeling, violating his own company’s policies

Although Google did not explicitly reference Musk’s post in its statements, the company did highlight that X’s search feature has also had its share of problems. Google stated, “Many platforms, including the one we’re posting on now, will show strange or incomplete predictions at various times.”


Featured image credit: Igor Omilaev/Unsplash

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How White Dudes for Harris used Zoom-raising to secure millions https://dataconomy.ru/2024/07/31/white-dudes-for-harris-zoom-raising/ Wed, 31 Jul 2024 08:46:15 +0000 https://dataconomy.ru/?p=55880 A Zoom gathering dubbed “White Dudes for Harris” morphed into a fundraising juggernaut for Kamala Harris’s presidential bid, netting a staggering $4 million. As COVID-19 forced traditional rallies and meet-and-greets into hibernation, Zoom’s accessibility and flexibility allowed campaigns to adapt and thrive. The accessibility of such events meant that anyone with a link could join […]]]>

A Zoom gathering dubbed “White Dudes for Harris” morphed into a fundraising juggernaut for Kamala Harris’s presidential bid, netting a staggering $4 million.

As COVID-19 forced traditional rallies and meet-and-greets into hibernation, Zoom’s accessibility and flexibility allowed campaigns to adapt and thrive.

The accessibility of such events meant that anyone with a link could join from the comfort of their home, leading to unprecedented participation numbers.

The digital setting allowed a staggering 190,000 attendees to join from the comfort of their own homes, a diverse mix of devoted supporters and A-list celebrities. By slashing overhead costs, campaigns can now channel more resources into critical areas, rather than logistical expenses.

This windfall for Harris comes on the heels of a banner Tuesday, marked by the unveiling of a sharp new ad and an unexpected nod from a Republican mayor in Arizona. Even JD Vance, Donald Trump’s running mate, has taken notice, acknowledging that Harris is proving a tougher opponent than Joe Biden.

white dudes for harris zoom-raising
A Zoom gathering dubbed “White Dudes for Harris” morphed into a fundraising juggernaut for Kamala Harris’s presidential bid

Who joined the White Dudes for Harris call?

The “White Dudes for Harris” call was a strategic move, featuring potential VP contenders like Minnesota Governor Tim Walz and Illinois Governor JB Pritzker, alongside U.S. Transportation Secretary Pete Buttigieg. Injecting a dose of Hollywood glamour, actors Jeff Bridges and Mark Hamill made appearances, blending politics and star power in a unique and captivating way. This unlikely mashup of policy and celebrity may be a harbinger of the evolving role of technology in modern campaigning.

“Over the course of the evening, speakers heard governors, senators, congressmen, actors and singers all speaking directly to white men around the need to organize and support Kamala Harris for president. Speakers spoke truthfully and honestly about the path ahead, the importance for us to connect with one another and the important role we can play in getting other white men to turn their backs on the dangerous, dark path Donald Trump is trying to march us down,” the press release from the organizers stated.


National public data breach exposes sensitive information of 2.9 billion U.S. citizens


As Harris’s momentum gains steam, Democrats are rallying behind her with unprecedented fervor. A staggering 170,000 individuals signed up to volunteer for her campaign in the first week, injecting a massive $200 million into her war chest. However, her ascent has also been met with scorn from Trump and his Republican supporters, who have diminished her as a diversity hire.

Undeterred, Harris’s supporters are using the power of Zoom to mobilize and fundraise. Monday’s “White Dudes for Harris” call was a deliberate response to the Republican narrative, as explained by Democratic communications consultant Brad Bauman: “Their dark vision for our future is holding all of us back. That’s why we decided to start White Dudes for Harris.” The call, which lasted over three hours, drew a constellation of A-list celebrities, including Mark Ruffalo, Joseph Gordon-Levitt, and JJ Abrams.

This Zoom-raising event is part of a broader trend, with similar gatherings taking place in support of Harris.

Recent calls have included “Black Women for Harris,” “Black Men for Harris,” and “White Women for Harris,” which collectively raised millions and attracted hundreds of thousands of attendees. A forthcoming “Cat Ladies for Harris” call is even being planned in response to a jibe from JD Vance, who derided Harris as a “childless cat lady.” The AFL-CIO is also set to host a “Labor for Harris” Zoom call on July 31, further solidifying the vice-president’s support among labor unions and members nationwide.

white dudes for harris zoom-raising
The “White Dudes for Harris” call is aimed at using the power of Zoom to mobilize and fundraise

It’s all digital now

This digital transformation offers a level of accessibility and inclusivity that was previously unimaginable. Traditional fundraisers often limited participation to those who could afford to attend in person, but Zoom-raising breaks down these barriers. The fusion of policy and celebrity within these virtual events adds a unique flavor to political campaigning. The blend of earnest political discourse with the star power of Hollywood creates an engaging narrative that captures the imagination of supporters.

While Zoom-raising allows for widespread participation, it also reduces the richness of face-to-face interactions. The tactile experience of shaking hands, the energy of a live crowd, and the personal connection of in-person conversations are lost in the virtual rooms.

The infusion of celebrity into political campaigns, while drawing attention, also blurs the lines between serious political discourse and entertainment. The star-studded nature of events like “White Dudes for Harris” can sometimes overshadow substantive policy discussions. The presence of celebrities can turn political events into spectacles, where the focus shifts from critical issues to star power.

We hope this transition is for the betterment of the world’s political process. After all, if a Zoom call can make you millions, maybe our next political debate should be on TikTok.


Featured image credit: Kerem Gülen/Midjourney

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Tesla recalls several 2020-2024 models https://dataconomy.ru/2024/07/30/tesla-recalls-several-2020-2024-models/ Tue, 30 Jul 2024 14:18:28 +0000 https://dataconomy.ru/?p=55857 In a major 2024 move, Tesla recalls 1.85 million vehicles in the United States, spotlighting a critical software glitch that failed to alert drivers to an unlatched hood—a recipe for potential road chaos, Reuters reports. This defect could result in the hood swinging open unexpectedly, obstructing the driver’s view and significantly increasing the risk of […]]]>

In a major 2024 move, Tesla recalls 1.85 million vehicles in the United States, spotlighting a critical software glitch that failed to alert drivers to an unlatched hood—a recipe for potential road chaos, Reuters reports.

This defect could result in the hood swinging open unexpectedly, obstructing the driver’s view and significantly increasing the risk of a collision, as highlighted by the National Highway Traffic Safety Administration (NHTSA).

Which 2024 Tesla cars are being recalled?

The recall spans several popular models, including the 2021-2024 Model 3, Model S, Model X, and the 2020-2024 Model Y. These vehicles are equipped with hood latches manufactured by China’s Magna Closures Co Ltd. The problem first surfaced through customer complaints in China about hoods that opened without warning on certain Model 3 and Model Y vehicles starting in March. Although fewer incidents were reported in Europe and North America, Tesla took proactive measures by initiating latch hardware recovery and in-service vehicle inspections.

tesla recall 2024
The recall spans several popular models, including the 2021-2024 Model 3, Model S, Model X, and the 2020-2024 Model Y (Image credit)

In response to the issue, Tesla began deploying an over-the-air software update in mid-June, which was designed to alert drivers if the hood is not securely latched. This initiative came after Tesla conducted extensive engineering studies in the affected regions last month, leading to the decision to issue a recall earlier this month.


Tesla recalls 2024 Cybertrucks, the windshield wiper again?!


Despite the recall’s scope, Tesla has reported only three incidents in the United States, with no crashes or injuries linked to the issue thus far. This recall is Tesla’s largest since December, when nearly all of its U.S. vehicles were recalled to install new safeguards in the Autopilot system—a decision that has come under scrutiny after reports of 20 crashes involving vehicles with the updated system.


Featured image credit: Moritz Kindler/Unsplash

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As Paris lives the Olympics, France battles widespread Internet sabotage https://dataconomy.ru/2024/07/29/france-internet-sabotage-french-fiber-optic-cable-attack/ Mon, 29 Jul 2024 13:34:57 +0000 https://dataconomy.ru/?p=55747 As France gears up for the global spotlight of the Paris Olympic Games, the nation faces an unsettling challenge again: France Internet sabotage. The French fiber optic cable attack severed critical cables, leading to widespread disruptions in internet and telephone services across six regions. While alarming, this incident is not an isolated event. It follows […]]]>

As France gears up for the global spotlight of the Paris Olympic Games, the nation faces an unsettling challenge again: France Internet sabotage. The French fiber optic cable attack severed critical cables, leading to widespread disruptions in internet and telephone services across six regions.

While alarming, this incident is not an isolated event. It follows a troubling pattern of targeted attacks on French infrastructure, including recent arson incidents that threatened the country’s high-speed rail network. These disruptions have intensified concerns with the Paris Olympics just around the corner. Here is everything known so far.

France Internet sabotage: French fiber optic cable attack explained

On the night of July 22, 2024, French telecommunications infrastructure was targeted in a coordinated act of sabotage. At approximately 2:15 a.m., fiber optic cables, essential for high-speed internet and communication services, were deliberately cut in multiple locations. This type of sabotage involves severing the cables that carry data across long distances, leading to widespread service interruptions.

The France Internet sabotage disrupted internet and telephone services in six French regions:

  • Bouches-du-Rhône
  • Aude
  • Oise
  • Hérault
  • Meuse
  • Drôme

These areas experienced significant slowdowns in their internet connections and interruptions in both telephone and mobile services. The French fiber optic cable attack did not affect Paris, which is central to the upcoming Olympic Games and had been a primary concern due to its high profile.

France Internet Sabotage: French fiber optic cable attack disrupting internet and phone services across six regions. With the Paris Olympics nearing, security concerns rise.Several major French telecommunications providers (SFR, Bouygues, and Free)  were impacted by the sabotage.

Free, in particular, acknowledged the attack through its corporate branch, Free Pro, reporting a “significant slowdown” on its network. Netalis, another major provider, confirmed the French fiber optic cable attack and communicated that it would take “a few hours” to restore services fully.

France’s answer

The French government has condemned the attack, with Marina Ferrari, the Secretary of State for Digital Affairs, describing the act as “cowardly and irresponsible.” She confirmed that the attack had caused damage to both fiber optic lines and traditional telephone and mobile phone lines across the affected regions.

Interior Minister Gérald Darmanin announced that the authorities had identified potential suspects, suggesting the possibility of far-left activists being involved. However, he emphasized that this was based on preliminary findings and not definitive evidence.

France Internet Sabotage: French fiber optic cable attack disrupting internet and phone services across six regions. With the Paris Olympics nearing, security concerns rise.It’s not the first

This sabotage follows a recent incident involving coordinated arson attacks on France’s high-speed rail network. The timing and nature of both attacks have heightened concerns about the security of French infrastructure, especially in the lead-up to the Paris Olympic Games, which are started.


All images are generated by Eray Eliaçık/Bing

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Who’s President Donald Duck? Musk claims Google is overshadowing Trump https://dataconomy.ru/2024/07/29/president-donald-duck-elon-musk/ Mon, 29 Jul 2024 08:43:11 +0000 https://dataconomy.ru/?p=55649 President Donald Duck has unexpectedly waddled into the spotlight of American politics. The beloved cartoon character, known for his sailor suit and temper tantrums, now finds himself at the center of a peculiar online search phenomenon. The famous duck’s name has popped up in an unusual place – Google search results for “President Donald Duck”. […]]]>

President Donald Duck has unexpectedly waddled into the spotlight of American politics. The beloved cartoon character, known for his sailor suit and temper tantrums, now finds himself at the center of a peculiar online search phenomenon.

The famous duck’s name has popped up in an unusual place – Google search results for “President Donald Duck”.

The odd occurrence has sparked a flurry of discussions and accusations, with some claiming it’s more than just a quirky glitch.

President Donald Duck’s quacking controversy

The President Donald Duck dilemma began when people noticed something strange while searching for information about former president, Donald Trump.

Instead of the expected results, searchers found themselves face-to-beak with everyone’s favorite hot-headed waterfowl.

The digital duck-up quickly caught the attention of social media users, leading to a heated debate about search engine fairness and potential election interference.

President Donald Duck election interference
The occurrence sparked discussions and accusations of more than just a quirky glitch (Image credit)

The twist that seems straight out of a cartoon plot, Donald Duck appears to have temporarily usurped Donald Trump’s place in search results.

This unexpected development has left many scratching their heads and others crying foul.

The question on everyone’s mind is: How did a fictional duck end up in the same sentence as “president” in a search about real-world politics?

Elon Musk points out election interference

Tech titan Elon Musk didn’t hesitate to wade into this digital hiccup.

He took to social media to question Google’s search practices, suggesting that the absence of certain results might be more than just a coincidence.

Musk’s comments added fuel to the fire, prompting discussions about the role of big tech companies in shaping online information and potentially influencing political discourse.

Fault in the matrix, or something intentional?

Google, the tech giant at the center of this controversy, found itself in hot water over its search results.

Critics argue that the appearance of President Donald Duck in place of a former president’s name is not just a harmless mix-up but potentially a deliberate act.

All this has led to broader questions about how search engines work and what responsibility they have in presenting accurate and unbiased information to users.

Other major players in the tech industry are facing similar challenges with their artificial intelligence systems.

Meta AI, for instance, has shown reluctance to discuss certain political topics. When asked about an alleged assassination attempt on Donald Trump, the AI reportedly remains tight-lipped. However, it seems to have no issue providing detailed information about Kamala Harris’ runner-up status.

Gemini, another AI system, appears to take an even more cautious approach. Our evaluation shows that it avoids discussing both Trump and Harris altogether, perhaps in an attempt to sidestep controversy entirely.

President Donald Duck election interference
Critics argue the mix-up may be a deliberate act by Google (Image credit)

In contrast to the more reserved AIs, Elon Musk’s chatbot Grok seems to take a different tack. We have seen that, Grok doesn’t shy away from discussing contentious political topics. It engages in conversations about Joe Biden stepping down, Kamala Harris’ candidacy, and even Donald Trump’s views on “radical Islamic terrorists” and “patriotic education”.

President Donald Duck election interference
Elon Musk’s chatbot Grok engages openly in discussions about contentious political topics (Image credit)

Digital pollution at its peak

For internet users, these incidents underscore the importance of critical thinking when consuming online information. It’s crucial to cross-reference sources and not rely solely on a single search result, AI response, or platform.

The President Donald Duck search quirk and the varied AI responses serve as reminders that even the most advanced technologies can sometimes produce unexpected or potentially misleading results, the same allegations surfaced in the alleged Twitter API leak.


Featured image credit: Emre Çıtak/Bing Image Creator

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Ryzen AI 9 HX 370 under scope: ASUS Zenbook S16 gets its treat https://dataconomy.ru/2024/07/29/ryzen-ai-9-hx-370-asus-zenbook-s16/ Mon, 29 Jul 2024 07:58:59 +0000 https://dataconomy.ru/?p=55650 AMD’s Zen 5 generation debuts with the Ryzen AI 300 series laptops, introducing the Ryzen AI 9 HX 370 chip as its flagship SoC, ahead of the desktop processors. This introduction in the Asus Zenbook S16 marks the first use of the Zen 5 architecture in a consumer device, amidst a brief postponement of the […]]]>

AMD’s Zen 5 generation debuts with the Ryzen AI 300 series laptops, introducing the Ryzen AI 9 HX 370 chip as its flagship SoC, ahead of the desktop processors. This introduction in the Asus Zenbook S16 marks the first use of the Zen 5 architecture in a consumer device, amidst a brief postponement of the Ryzen 900 series.

Welcome aboard Ryzen AI 9 HX 370

The Ryzen AI 9 HX 370 is designed to deliver enhanced computational power and efficiency. This chip is engineered to optimize performance-per-Watt, making it an attractive solution for users seeking a blend of power and energy efficiency in their computing tasks. The SoC’s capabilities are anticipated to suit a wide range of applications from standard laptop workloads to more demanding scenarios in thin client, edge, and IoT devices.

As the newest member of the AMD processor lineup, the Ryzen AI 9 HX 370 sets preliminary expectations for the performance potential of the upcoming Ryzen 9000 series and EPYC Turin processors. This early introduction through the Asus Zenbook S16 provides a glimpse into the advanced engineering and performance enhancements that AMD has incorporated into the Zen 5 architecture.

  • Architecture: Part of the “Strix Point” lineup
  • Core configuration: 12 cores (4 Zen 5 cores and 8 Zen 5C cores)
  • Thread count: 24 threads
  • Base clock speed: 2 GHz
  • Max boost clock speed: Up to 5.1 GHz
  • NPU (Neural Processing Unit): XDNA 2, capable of 50 TOPS, surpassing similar offerings by competitors
  • Primary use: First seen in the Asus Zenbook S16, aiming for high productivity performance
  • AI capabilities: Supports applications like Amuse 2.0 with features such as image generation and paint-to-image, optimized for local AI processing
  • Benchmarking performance (as per Tomshardware):
    • Geekbench 6 Scores: Single-core: 2,765, Multi-core: 13,282
    • File transfer rate: 908.45 MBps for a 25GB file
    • Video transcoding (Handbrake): Transcoded a 4K video to 1080p in 5 minutes and 9 seconds
    • Cinebench 2024 (10 runs): Started at 821.18 points, varied between high 700’s and a peak of 844.42 points
  • Operational frequencies during testing:
    • Zen 5 cores: Averaged 2.67 GHz
    • Zen 5C cores: Reached up to 1.9 GHz
  • Thermal performance:
    • Average CPU temperature: 73.44 Celsius during intensive testing

ASUS Zenbook S16 is the first notebook to sport Ryzen AI 9 HX 370

ASUS Zenbook S16, equipped with the Ryzen AI 9 HX 370 SoC  looks very good in Linux performance evaluations. This model is part of an initial offering alongside a nearly identical unit powered by the Ryzen AI 9 365 SoC, setting the stage for upcoming comparative reviews and detailed performance analyses.

ASUS Zenbook S16 specs and price

The ASUS Zenbook S16, featuring the Ryzen AI 9 HX 370, represents a significant step forward in the integration of AMD’s Zen 5 CPU architecture into mainstream laptop offerings. Initial tests focus on compatibility with recent software environments, including the necessity for a Linux kernel version 6.10+ and Mesa 24.2+ to fully support the RDNA3.5 integrated graphics. This setup is crucial for optimizing the performance of the integrated GPU, as earlier versions may not provide accelerated graphics capabilities.

Feature Specification
CPU AMD Ryzen AI 9 HX 370 (12 cores / 24 threads, up to 5.1 GHz)
Graphics AMD Radeon 890M graphics (integrated)
NPU XDNA 2, up to 50 TOPS
Memory 32GB LPDDR5x-7500 on board
Storage 1TB M.2 PCIe NVMe SSD
Display 16-inch, 2880 x 1800, OLED, 16:10, 120 Hz, Touch
Networking MediaTek Wi-Fi 7 MT7925 (802.11be), Bluetooth 5.4
Ports 2x USB 4 Gen 3 Type-C, USB 3.2 Gen 2 Type-A, HDMI 2.1, 3.5 mm headphone jack, SD card reader
Camera 1080p IR
Battery 78 WHr
Power Adapter 65W, USB Type-C
Operating System Windows 11 Pro
Dimensions (WxDxH) 13.92 x 9.57 x 0.47 inches (353.57 x 243.08 x 11.94 mm)
Weight 3.31 pounds (1.5 kg)
Price $1,699.99

Challenges such as kernel errors and system instability were initially observed during the benchmarking process. However, interventions by AMD Linux engineers, including the provision of updated PSP and DMCUB firmware not yet mainstreamed, have led to a stabilization of the system on the tested configurations. Users can anticipate these updates to become publicly available, ensuring enhanced stability and performance.

As the Zenbook S16 continues to undergo rigorous testing, more insights are expected to surface regarding the performance nuances of the Ryzen AI 9 HX 370 SoC under various workload scenarios. This early examination provides a promising glimpse into the potential of AMD’s latest chip technology, particularly in terms of its application in Linux environments. Stay tuned for further developments and detailed performance results in future updates.


Best AI chip companies: Do not sleep on these Nvidia competitors


The integration of the XDNA Linux driver into the mainline Linux kernel is currently underway, targeting an eventual mainstream release. This development is particularly significant for users of the Ryzen AI NPU stack, with expectations set for broad availability in the Ubuntu distributions by late 2024 or early spring 2025. However, the current benchmarks are predominantly concentrated on the CPU capabilities, providing insights into the immediate performance metrics available.

Ryzen AI 9 HX 370 under scope: ASUS Zenbook S16 gets its treat
ASUS Zenbook S16 specs at a glance (Image credit)

An issue identified in the preliminary testing phase involved the RAPL/PowerCap CPU package, which did not report power information correctly under Linux 6.10 due to an oversight in updating the RAPL driver for Family 1Ah processors. A corrective patch has been proposed to address this, which should facilitate accurate CPU power reporting once it is accepted into the kernel and back-ported to stable series.

Another key area of focus is the handling of heterogeneous core topology. AMD engineers are actively developing AMD P-State patches to optimize the process allocation between the standard Zen 5 cores and the enhanced Zen 5C cores. While these patches have not yet been incorporated into the mainline Linux kernel, they are critical for improving system performance and efficiency. The timing for these updates is still uncertain, as they missed the Linux 6.11 merge window and are now anticipated for consideration in the Linux 6.12 cycle, with potential availability by the end of 2024.

The Ryzen AI 9 HX 370 SoC, featured in the ASUS Zenbook, includes a mix of four Zen 5 cores and eight Zen 5C cores, presenting a unique configuration that stands to benefit significantly from these ongoing developments in Linux kernel support. As these updates continue to be refined and deployed, users can expect enhanced performance and stability from their devices running the latest AMD technologies.


Featured image credit: ASUS

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