| Hayden Field / CNBC: |
Zoom updates terms letting it use customer data to train AI; Zoom says only for users who consented, but consent must be given to enable generative AI features — - Zoom's terms of service update establishes the video platform's right to use some customer data for training its AI models.| Bill Toulas / BleepingComputer: |
UK researchers train a deep learning model that can steal data from keyboard keystrokes recorded using a microphone with 95% accuracy overall and 93% on Zoom — A team of researchers from British universities has trained a deep learning model that can steal data from keyboard keystrokes recorded using … | Kashmir Hill / New York Times: |
How a false facial recognition match led to Detroit police wrongfully arresting a Black woman for carjacking and robbery, the first such known case for a woman — Porcha Woodruff thought the police who showed up at her door to arrest her for carjacking were joking.| Anna Irrera / Bloomberg: |
PayPal debuts PYUSD, a Paxos-issued stablecoin and fully backed by USD deposits, short-term Treasuries, and cash equivalents, rolling out to US users gradually — - PayPal USD will be pegged to dollar, issued by Paxos Trust — Stablecoins have yet to take off in consumer-payment sector| Sarah Perez / TechCrunch: |
Bing Chat, which previously was only available in Microsoft products like the Edge browser and Bing app, is coming to third-party browsers, including on mobile — In late July, Microsoft confirmed its ChatGPT-like Bing Chat was testing in third-party browsers like Chrome and Safari … | Wayne Ma / The Information: |
Sources: Apple has a deal where TSMC effectively eats the cost of chip defects, saving billions for Apple, which will get 3nm chips about a year before rivals — When Apple's next iPhone goes on sale in September, its upgraded core processor will be more powerful than that of any rival smartphone.| Reuters: |
Researchers: North Korean hackers placed backdoors at Russian rocket design bureau NPO Mashinostroyeniya for at least five months in 2022 to see emails and more — An elite group of North Korean hackers secretly breached computer networks at a major Russian missile developer for at least five months … | Elizabeth Dwoskin / Washington Post: |
Black Twitter users have become a “digital diaspora” searching for a replacement after Elon Musk's takeover, such as Mastodon, Threads, Spoutible, and Fanbase — The influential online community that gave rise to social movements like #BlackLivesMatter is now a “digital diaspora” in search of a new home.| Guy Chazan / Financial Times: |
Germany's “Silicon Saxony”, where TSMC is widely expected to build a European fab, may be undermined by few local workers and rising anti-immigration movements — Industry concerned rise of anti-immigration movements in state of Saxony will hinder efforts to attract foreign talent| New York Times: |
Shoddy self-published guidebooks, which appear to be compiled with the help of generative AI and promoted via deceptive reviews, are proliferating on Amazon — In March, as she planned for an upcoming trip to France, Amy Kolsky, an experienced international traveler who lives in Bucks County … | Martin Matishak / The Record: |
White House unveils cyber initiatives to bolster the defenses of K-12 schools, including $200M over three years from the FCC, amid increasing ransomware attacks — The Biden administration on Monday will announce a host of federal and private industry initiatives to strengthen the digital defenses … | Yuri Kageyama / Associated Press: |
Toshiba announces a ~$14B tender offer to take the company private at ~$32/share led by Japan Industrial Partners, a buyout fund of Japanese banks and companies — Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private … | Fahad Abuljadayel / Bloomberg: |
Saudi Arabia's PIF reports a $15.6B loss in 2022 after its Vision Fund and tech investments plunged; assets under management grew to $595.5B thanks to Aramco — - Softbank's fund saw a record loss of $32 billion in 2022 — Current estimates place the PIF's assets at $777 billion
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