| Natasha Singer / New York Times: |
Amazon agrees to pay $25M to settle FTC and DOJ charges over the company keeping Alexa voice recordings and geolocation data collected from children for years — Regulators said the tech giant kept children's Alexa voice recordings “forever,” violating a children's privacy law.| Bloomberg: |
Amazon agrees to pay $5.8M to settle FTC allegations that Ring gave employees and third-party contractors full access to every customer video until 2017 — Amazon.com Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission Wednesday related to privacy lapses by its smart devices.| Mark Gurman / Bloomberg: |
Sources: Apple is testing two new high-end Macs, one with M2 Max and the other with an unannounced M2 Ultra, offering 60 graphics cores and up to 192GB of RAM — Apple Inc. is testing a pair of new high-end Macs and their accompanying processors ahead of its Worldwide Developers Conference next week … | Michael McSweeney / The Block: |
Crypto bridging protocol Multichain suspended service for multiple chains after being unable to contact its CEO to get server access, during ongoing tech issues — - Multichain, the cross-chain protocol, confirmed Wednesday that the team is unable to contact its chief executive amid ongoing technology problems.| Hayden Field / CNBC: |
OpenAI researchers say training AI with process supervision, which rewards the thought process rather than the outcome, could help prevent hallucinations — - AI hallucinations occur when models like OpenAI's ChatGPT or Google's Bard fabricate information entirely.| Juli Clover / MacRumors: |
Reddit client Apollo's developer says Reddit plans to charge $12K for 50M API requests and that he would need to pay $20M per year to keep operating the app — Popular Reddit app Apollo might not be able to operate as is in the future due to planned API pricing that Reddit is implementing.| Aisha Malik / TechCrunch: |
Instagram details ranking content in Feed, Stories, Reels, and more, and is testing more user controls, including an “Interested” button for recommended posts — Instagram announced today that it's testing a new feature that gives users more control over what they see on the social network … | Reuters: |
Sources: a planned $3B chip plant in India by ISMC, a consortium that included chipmaker Tower, has stalled due to the company's pending takeover by Intel — A planned $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner … | Sarah Perez / TechCrunch: |
Apple touts an Analysis Group study saying its App Store ecosystem generated $1.1T in 2022, up 29% YoY; $910B came from the sale of physical goods and services — Ahead of Apple's Worldwide Developer Conference next week, the company is offering an update on its app ecosystem with the release … | Ben Lang / Road to VR: |
Ultraleap unveils the $140 hand-tracking module Leap Motion 2, its first since the original in 2013, with support for standalone headsets, and opens preorders — The Daily Roundup Newsletter — Keep your finger on the pulse of the XR industry with the Daily Roundup, the most important news in one daily email.| Bloomberg: |
Evident: at some banks, about 40% of all open job roles are AI-related; JPMorgan advertised 3,651 AI-related roles from February 2023 through April 2023 — Deutsche Bank AG is using artificial intelligence to scan wealthy client portfolios. ING Group NV is screening for potential defaulters.| Kate Clark / The Information: |
Sources: NYC-based Runway, which uses AI to let users generate videos from text descriptions, raised ~$100M from Google and others at a ~$1.5B valuation — Google is investing in Runway, a New York-based startup that lets customers generate video from text descriptions using artificial intelligence … | Bloomberg: |
Tether's USDT circulation surpasses its $83.2B all-time-high, recovering the ~$20B lost after TerraUSD imploded in 2022, even as crypto trading volumes drop — Tether Holdings Ltd.'s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse … | Liz Young / Wall Street Journal: |
Amazon plans to roll out AI to 12 fulfillment centers to help find damaged goods and says the tech is 3x as effective at spotting damage than a warehouse worker — Company expects artificial intelligence to reduce the number of damaged items moving through fulfillment centers and to speed up deliveries| Caroline O'Donovan / Washington Post: |
Hundreds of white-collar Amazon workers in Seattle walked off the job, frustrated by job losses, a return-to-office mandate, carbon emissions, and leadership — Frustrated by job losses, office policies and rising carbon emissions, white-collar Amazon workers are demanding more from leadership| Andy Greenberg / Wired: |
Eclypsium: a firmware flaw in 271 Gigabyte motherboards could let hackers install malware when the PC restarts; Gigabyte plans a fix, but problems could persist — Hidden code in hundreds of models of Gigabyte motherboards invisibly and insecurely downloads programs—a feature ripe for abuse, researchers say.| Jane Lee / Reuters: |
Boston-based Lightmatter, which uses light for AI computing, raised a $154M Series C from Fidelity, GV, and others, and claims to have tripled its valuation — Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday it raised $154 million and tripled its valuation … | Cynthia Littleton / Variety: |
Activision CEO Bobby Kotick says he was humbled and outraged by toxic workplace culture claims and blames “outside forces” for most of Activision's image issues — Bobby Kotick has a secret: He was ready to buy Time Warner a few years ago.The CEO of Activision Blizzard drops …
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| Jordan Novet / CNBC: |
| Ernesto Van der Sar / TorrentFreak: |
| Jeff John Roberts / Fortune: |
| Victoria Song / The Verge: |