| Samantha Cole / 404 Media: |
Source and doc: Runway scraped thousands of videos from YouTube creators and brands, including Disney and VICE News, to train its Gen-3 AI video generation tool — A leaked internal document shows Runway's celebrated Gen-3 AI video generator collected thousands of YouTube videos and pirated movies for training data.| Bloomberg: |
Google DeepMind rolls out AlphaProof AI model, which specializes in math reasoning, and AlphaGeometry 2, an updated version of a model focused on geometry — AI models, trained on text, have historically struggled with math reasoning — Google DeepMind, Alphabet Inc.'s artificial … | Foo Yun Chee / Reuters: |
Sources: Meta is set to be hit with its first EU antitrust fine, which could be as much as 10% of its 2023 global revenue, for tying Marketplace and Facebook — Meta Platforms (META.O) is set to be hit in a few weeks with its first EU antitrust fine for tying classified advertisements service Marketplace … | Zac Bowden / Windows Central: |
Microsoft unveils Bing generative search, which shows LLM-generated answers with the sources used to create them, currently available to a small subset of users — Bing will soon prioritize AI-generated answers alongside traditional search results. — When you purchase through links on our site, we may earn an affiliate commission.| Sam Altman / Washington Post: |
We need a US-led global coalition of like-minded countries and a new strategy to ensure that a democratic vision for AI prevails over an authoritarian one — Sam Altman is co-founder and CEO of OpenAI. — Who will control the future of AI? — That is the urgent question of our time.| Financial Times: |
The UK FCA fines Coinbase £3.5M for providing payment services to 13K+ “high-risk” customers, in the agency's first enforcement action against a crypto company — Penalty for exchange's payments unit is first enforcement action by FCA against a crypto company| Barry Schwartz / Search Engine Land: |
Microsoft says “Bing stopped crawling Reddit” after Reddit updated its robots.txt file on July 1 to prohibit “all crawling of their site” — Reddit has updated its robots.txt file, preventing Bing and many other search engines from crawling the site.| Emanuel Maiberg / 404 Media: |
| Akila Quinio / Financial Times: |
Revolut secures a UK banking license, ending a more-than-three-year-long regulatory battle; the London-based fintech has ~9M UK customers and 45M+ globally — London-based fintech receives approval from regulators in boost to expansion plans — Revolut has secured a UK banking licence … | Taylor Soper / GeekWire: |
Chainguard, which helps companies secure their software supply chain, raised a $140M Series C co-led by Redpoint, Lightspeed, and IVP at a $1.12B valuation — Kirkland, Wash.-based cybersecurity startup Chainguard announced a $140 million Series C investment, bumping its valuation … | Olivia Carville / Bloomberg: |
Meta removes ~63K Instagram accounts used by sextortion scammers in Nigeria, along with ~7,200 Facebook accounts, Pages, and Groups linked to the Yahoo Boys — - Purge includes thousands of Groups offering sextortion ‘tips’ — One network of 20 criminals was running 2,500 fake accounts| Nick Robins-Early / The Guardian: |
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B — Banking and healthcare firms, major airlines expected to suffer most losses, according to insurer Parametrix| Emilia David / VentureBeat: |
OpenAI introduces Rule-Based Rewards, a method to automate some model fine-tuning and cut down the time required to ensure a model behaves safely — OpenAI announced a new way to teach AI models to align with safety policies called Rules Based Rewards. — According to Lilian Weng … | Josh Eidelson / Bloomberg: |
Around 500 World of Warcraft workers vote to unionize with the CWA, bringing the number of unionized US gaming employees at Microsoft to around 1,750 — World of Warcraft workers have voted to unionize the popular video-game franchise, expanding organized labor's new foothold at Microsoft Corp. by around 500 employees.| Ivan Mehta / TechCrunch: |
After investigating how Meta handles explicit AI-generated images, the Oversight Board asks Meta to shift “derogatory” terminology to “non-consensual”, and more — Following investigations into how Meta handles AI-generated explicit images, the company's semi-independent observer body … | Paul Alcorn / Tom's Hardware: |
AMD delays its Zen 5 Ryzen 9000 launch, originally set for July, to August due to an unspecified quality issue, and pulls back all shipped units to replace them — AMD hits the brakes on its Zen 5-powered Ryzen 9000 processors. — AMD announced today that it has delayed its Zen 5 Ryzen 9000 launch due … | Todd Spangler / Variety: |
The new Disney+, Hulu, and Max streaming bundle goes on sale in the US for $16.99 per month with ads and $29.99 per month without ads — Dragons, Jedis, Marvel and DC superheroes, Harry Potter, Disney princesses — and more from Disney and Warner Bros. Discovery — are now available to stream for a reduced monthly price.| Dana Hull / Bloomberg: |
Elon Musk's X poll asking whether Tesla should invest $5B in xAI ends with 67.9% voting yes, after Musk said on Tesla's earnings call that he supported the idea — - CEO takes poll on whether EV maker should back his startup — The two companies have intermingled on procurement, recruiting| Romain Dillet / TechCrunch: |
Privacy-focused developer Proton debuts a self-custody bitcoin wallet, its first cryptocurrency product, initially for early access Proton Visionary subscribers — When you think about it, Proton has always been a crypto company — cryptography, not cryptocurrency.| Sara Fischer / Axios: |
A group of 17 US lawmakers ask Meta to delay shutting down CrowdTangle for at least six months, saying that Meta Content Library has “significant limitations” — A group of bipartisan lawmakers on Wednesday sent Meta CEO Mark Zuckerberg a letter asking the firm to delay shutting down CrowdTangle for six months.| Justine Calma / The Verge: |
A NASA-funded study of satellite data finds traffic-related N02 pollution spiked ~20% near ~150K large US warehouses, which have proliferated due to e-commerce — The data is in, and it shows a significant rise in air pollution where e-retailers build their warehouses … | Victoria Song / The Verge: |
Samsung Galaxy Ring review: great hardware, long battery life, and requires no subscription, but it's Android only and health tracking accuracy is a mixed bag — It's not so much a standalone health tracker or a smartwatch alternative as an accessory for your Galaxy Watch.| Kyle Wiggers / TechCrunch: |
Crunchbase: in H1 2024, generative AI startups raised $500M across 198 angel/seed deals, $8.7B across 39 early-stage deals, and $3.1B across 18 late-stage deals — Investments in generative AI startups — those that are creating AI-powered products to generate text, audio, video and more — aren't slowing down.| Chance Miller / 9to5Mac: |
Apple launches Apple Maps on the web in beta, available in English and compatible with Safari and Chrome on Mac and iPad, and Chrome and Edge on Windows PCs — Apple is bringing Apple Maps to the web for the first time. In a press release today, the company announced that you can now access Apple Maps …
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Contract Signed. Project Ready. Tasks Created. — Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms. But for most businesses …
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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