| Financial Times: |
Microsoft invests $1.5B in Abu Dhabi-based AI group G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will sit on G42's board — Agreement is latest move by US tech group to extend its reach into fast-growing sector — Microsoft has agreed to invest $1.5bn … | Artificial Intelligence Index: |
Stanford's AI Index report: training top AI models is way more expensive, AI still trails humans on complex tasks, people are more nervous about AI, and more — Welcome to the seventh edition of the AI Index report. The 2024 Index is our most comprehensive to date and arrives … | Foo Yun Chee / Reuters: |
EU antitrust regulators are questioning Broadcom about changes to VMware's licensing conditions, following complaints from EU business users and a trade group — U.S. chipmaker Broadcom (AVGO.O) is being asked by EU antitrust regulators about changes to newly acquired cloud computing company … | Jennifer A. Kingson / Axios: |
Meta plans to launch a new education product for Quest that will let teachers access education apps for students ages 13+ and manage multiple headsets at once — - In time for the fall semester, it'll make available a suite of visually engrossing education apps that teachers can use with students ages 13+.| David Pierce / The Verge: |
Limitless launches the $99 Limitless Pendant, a wearable AI gadget that transcribes meetings and provides real-time notes and summaries, shipping in August 2024 — The Limitless Pendant doesn't exactly scream “AI.” As Dan Siroker, the CEO of the company behind the new device … | Peter Kafka / Business Insider: |
Impressions of Waymo's robotaxis after several rides: amazing tech that quickly feels “normal”, but the car failed to understand a traffic cop's hand signals — An curved arrow pointing right. — Unlike other hyped-up tech, self-driving taxis look like they could be the real thing.| Stephen Nellis / Reuters: |
Adobe says it is in the early stages of developing a way to let Premiere Pro users tap AI models from OpenAI, Runway, and Pika Labs to generate video — Adobe (ADBE.O) on Monday said it is in the early stages of allowing the use of third-party generative artificial intelligence tools … | Olivia Carville / Bloomberg: |
How scammers, often from Nigeria, are using sextortion to target teenage boys on social media in the US, leading to at least 20 suicides over an 18-month period — One word from a stranger on social media was all it took. “Hey,” she said. — Jordan DeMay read the Instagram message at 10:19 p.m. on a Thursday night in March 2022.| Billy Perrigo / TIME: |
Google's Jigsaw expands Perspective API, a set of ML tools that help moderators and researchers identify toxicity, with seven attributes, including nuance — In the 1990s and early 2000s, technologists made the world a grand promise: new communications technologies would strengthen democracy … | Rachel Graf / Bloomberg: |
Mark Zuckerberg wins his bid to avoid personal liability in about two dozen lawsuits accusing Meta and other companies of addicting children to their products — US District Judge Yvonne Gonzalez Rogers, who is overseeing the cases, sided with the Meta chief executive officer in a ruling issued Monday.| Julie Creswell / New York Times: |
Ghost kitchens and virtual restaurant brands, which boomed during the pandemic after raising billions, are disappearing due to overtaxed kitchens and complaints — Ghost kitchens and virtual brands became a way for idle restaurant kitchens to generate revenue.| Brian Krebs / Krebs on Security: |
CISA warns that locks from RealPage's Chirp Systems, reportedly on ~50K US dwellings, can be unlocked via a hack; Chirp was told in 2021 but has remained quiet — The U.S. government is warning that “smart locks” securing entry to an estimated 50,000 dwellings nationwide contain hard-coded credentials … | Ricardo Brito / Reuters: |
Letter: X's lawyers tell Brazil's Supreme Court that the social media platform will comply with every ruling issued by the court or Brazil's top electoral court — Lawyers representing Elon Musk's X told Brazil's Supreme Court that the social media platform will comply with every ruling issued … | Yoolim Lee / Bloomberg: |
South Korea-based AI startup Upstage raised a $72M Series B from SK Networks, SBVA, formerly known as SoftBank Ventures Asia, and other investors — Artificial intelligence startup Upstage secured 100 billion won ($72 million) from investors including SK Networks Co. and KT Corp. to bankroll … | Tim De Chant / TechCrunch: |
Kode Labs, which develops tools that integrate data from building management systems and IoT devices, raised a $30M Series B led by Maverix Private Equity — Like many immigrants, the New York City skyline was one of the first sights young brothers Edi and Etrit Demaj took in when they arrived in the U.S. more than 20 years ago.| Ellen Milligan / Bloomberg: |
Sources: the UK plans talks this month with Apple, Meta, and others to push a voluntary charter granting parents more control of social media use by young teens — - Ministers want Meta, Google to agree to more parental controls — Government to launch social media consultation this month| Times of India: |
India-based B2B e-commerce marketplace ProcMart raised a $30M Series B led by Fundamentum and Edelweiss Discovery Fund, following a $10M Series A in 2022 — Bengaluru: ProcMart, an online B2B marketplace focused on supply chain solutions, has secured $30 million in funding.
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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