| Sneha Kumar / Reuters: |
Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options — - Microsoft 365 personal plan price increased by 45% — Cheaper ‘classic’ plan only revealed during cancellation process| Cristina Criddle / Financial Times: |
Employees are increasingly using AI to create ultra-realistic fake expense receipts; AppZen and others attribute the rise to advances in image generation models — Business software groups warn that top AI models are increasingly being used to create ultra-realistic fake receipts| Molly Schuetz / Bloomberg: |
The US DOJ's rigged-poker-game indictment involved hacking DeckMate, a casino-standard, suitcase-sized, $10K+ card shuffling machine, to reveal players' hands — The rigged-poker-game indictment unveiled on Thursday reads like a Hollywood heist film, featuring NBA stars and famous Mafia crime families.| Lien Hoang / Nikkei Asia: |
In Vietnam, 65 countries sign a UN cybercrime treaty to share data and extradite suspects, despite tech companies' and activists' privacy and security concerns — HO CHI MINH CITY — Under a new United Nations treaty, 65 countries have agreed to fight cybercrime, including by sharing data … | Will McCurdy / PCMag: |
X plans to retire the Twitter.com domain, prompting users to re-enroll their security keys for 2FA, and will lock accounts that are not updated by November 10 — If you're using a hardware security key as your two-factor authentication (2FA) method on X, you'll need to re-enroll by Nov. 10 or your account will be locked.| Jonathan Weil / Wall Street Journal: |
Microsoft's disclosures on its OpenAI stake are scant, including putting OpenAI-related losses into a $4.7B “other, net” expense line in the FY ended June 30 — Company's disclosures on its OpenAI stake are scant. That is no longer tenable. — How long can Microsoft expect investors … | Angel Au-Yeung / Wall Street Journal: |
Sources: AI contractor marketplace Mercor is finalizing $350M in funding led by Felicis at a $10B valuation; founded in 2023, Mercor manages 30K contractors — Founded in 2023 by three college dropouts, Mercor recruits humans to train chatbots, a new industry gold mine| Financial Times: |
Sources: JPMorgan Chase is giving staff the option to use its in-house LLM to write year-end performance reviews, a shortcut to the often painstaking process — Move allows employees to use bank's large language model to generate reviews from their own prompts| Stu Woo / Wall Street Journal: |
Indonesia and other developing countries are becoming AI hubs amid the multitrillion-dollar spending boom, in part driven by an “AI decolonization” philosophy — As part of ‘AI decolonization,’ developing nations push Silicon Valley to build locally — JAKARTA, Indonesia—Tap water isn't drinkable.| Anthony Ha / TechCrunch: |
US Treasury Secretary Scott Bessent says Trump and Xi will “consummate” a TikTok deal on October 30 in South Korea, confirming a final US-China deal on the sale — The United States and China are ready to move forward on a TikTok deal, according to Treasury Secretary Scott Bessent.| Anna Irrera / Bloomberg: |
IBM launches Digital Asset Haven, a digital assets platform built with crypto wallet provider Dfns for financial institutions, governments, and companies — International Business Machines Corp. is launching a digital assets platform to allow financial institutions, governments and companies … | Kat Tenbarge / Wired: |
Real estate agents are using AI tools like AutoReel to replace videographers and stagers, cutting costs but generating distorted or misleading property images — Fake video walk-throughs, a magically expanding loft, and stair hallucinations are just some of the new AI-generated features house hunters are coming across.| Timmy Shen / The Block: |
Japanese fintech JPYC launches a yen-pegged stablecoin, the country's first, and its issuance platform JPYC EX, targeting $65.4B in circulation in three years — - JPYC Inc. said today it launched the country's first legally recognized yen-backed stablecoin.| Reuters: |
Papers, patents, and tenders show China's military is integrating DeepSeek and Qwen models in weapons like AI-powered drones, and continues to use Nvidia chips — - PLA entities research using AI for autonomous target recognition and battlefield decision support, documents show
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