June 4, 2023, 3:20 PM

Top News

Interviews, pitch decks, and documents suggest that the recent success of Stability AI CEO Emad Mostaque has been bolstered by exaggeration and dubious claims  —  Stability AI became a $1 billion company with the help of a viral AI text-to-image generator and — per interviews with more than 30 people …
Financial Times:
Sony CEO Kenichiro Yoshida says cloud gaming has many technical difficulties and the company could utilize its AI agent GT Sophy to enhance cloud gaming  —  Promise of technology remains unfulfilled after more than a decade of development  —  Sony's chief executive has warned that cloud gaming …
Chris Isidore / CNN:
The CFPB warns users of payment apps like PayPal, Venmo, Cash App, and Apple Cash that their money could be at risk as FDIC insurance does not cover the apps  —  New York CNN —  —  Payment apps like PayPal and Venmo might be convenient, but they're not banks — and a federal financial services watchdog …
Jessica Lyons Hardcastle / The Register:
Five teams at DEF CON 2023 will try to hack a US-funded cubesat Moonlighter, the first time DEF CON hackers will get a chance to hack a live, in-orbit satellite  —  'World's first and only' orbiting infosec playpen due to blast off Sunday  —  FEATURE Assuming the weather and engineering gods cooperate …
Annie Njanja / TechCrunch:
A Kenyan court rules that Meta is the primary employer of 184 content moderators suing Meta and contractor Sama for unlawful dismissal, and pauses their layoffs  —  A Kenyan court has ruled that Meta is the primary employer of content moderators suing the social media giant and its content review partner …
Ron Amadeo / Ars Technica:
Google is aware of a “very small” number of Pixel Watch 2 users reporting their watch's backplate falling off and is working to find the cause and fix the issue  —  Several users report the back of the Pixel Watch just falls off after a short time.  —  UPDATE: GOOGLE STATEMENT
Aria Alamalhodaei / TechCrunch:
Seattle-based Hubble Network, which aims to build a global satellite network that any Bluetooth device can connect to, raised a $20M Series A led by Transpose  —  Bluetooth-enabled devices are ubiquitous, but how those devices are used is constrained by the relatively short range provided by Bluetooth technology.
Paresh Dave / Wired:
AI researchers say ChatGPT and rival chatbots are significantly less capable in languages other than English, exacerbating the bias against non-English speakers  —  AI chatbots are less fluent in languages other than English, threatening to amplify existing bias in global commerce and innovation.

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This is a Techmeme archive page. It shows how the site appeared at 3:20 PM ET, June 4, 2023.

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