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July 30, 2024, 1:50 PM
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| Reuters: |
Meta agrees to pay $1.4B to settle Texas' lawsuit accusing Meta of using facial recognition tech to collect biometric data of millions of Texans without consent — Meta Platforms (META.O) has agreed to pay $1.4 billion to Texas to resolve the state's lawsuit accusing the Facebook parent …
More: The Record, Texas Attorney General, PYMNTS.com, Fortune, Engadget, Tech Policy Press, Ars Technica, Politico, TechCrunch, Financial Express, The Hill, CNBC, The Verge, Associated Press, New York Times, Wall Street Journal, Washington Post, Financial Times, The Daily Caller, McKool Smith, Quartz, Invezz, Biometric Update, News 5 Cleveland WEWS, FOX 26 Houston, Keller Postman LLC, Bloomberg Law, NewsBytes, and Fox Business
X: @kenpaxtontx and @txag
| Kylie Robison / The Verge: |
Perplexity is launching a program to share ad revenue with partners such as Time, Der Spiegel, Fortune, and WordPress.com, after weeks of plagiarism accusations — Perplexity is launching a program to share ad revenue with publishing partners following weeks of plagiarism accusations.| Capital Brief: |
Canva acquires AI image generation service Leonardo.ai for an undisclosed amount; Leonardo.ai launched in December 2022 and has 19M+ registered users — Founded in December 2022, Leonardo.Ai has over 19 million users and its very own foundation AI model. — Canva, Australia's largest …
More: Canva, TechCrunch, Thurrott, VentureBeat, The Verge, Tech Monitor, MarTech, Unite.AI, Dataconomy, Tech.co, Maginative, PhoneArena, PetaPixel, AIM, WinBuzzer, TechRadar, Neowin, iClarified, Bloomberg, SmartCompany, Leonardo.AI, and The Information
X: @leonardoai_, @hc_dsn, @angrypenguinpng, and @canva
| Jagmeet Singh / TechCrunch: |
Qualcomm debuts the 4nm Snapdragon 4s Gen 2, a feature-limited version of the Snapdragon 4 Gen 2, to make 5G accessible to smartphones in the sub-$100 category — Qualcomm Tuesday announced the Snapdragon 4s Gen 2. The entry-level chip aims to make 5G accessible to 2.8 billion smartphone users …
More: Qualcomm, XDA Developers, Android Authority, Lifewire, Neowin, Droid Life, PhoneArena, nextpit, VentureBeat, Notebookcheck, Tech Advisor, Tom's Guide, HotHardware, PCMag, Android Central, SamMobile, ComputerWeekly.com, Digital Trends, Business Standard, Phone Scoop, GSMArena.com, Light Reading, and GSMArena.com
| Mat Di Salvo / Decrypt: |
The SEC charges BitClout founder Nader Al-Naji of raising $257M+ from unregistered offers and sales of BTCLT and lying to investors about personal compensation — The United States Securities and Exchange Commission (SEC) has hit the founder of decentralized social network BitClout with fraud charges …
More: US Securities …, The Block, Blockworks, CoinDesk, crypto.news, Crypto Briefing, CoinJournal, and Milk Road
| Jeff Stone / Bloomberg: |
Microsoft calls on the US Congress to pass a comprehensive law to crack down on AI deepfakes that aim to interfere in elections or maliciously target people — - Law enforcement needs a clear legal framework, Brad Smith says — Elon Musk recently shared manipulated clip of Kamala Harris
More: Microsoft On the Issues, The Verge, Tech.co, TechSpot, Washington Post, Reclaim The Net, and Android Headlines
X: @msftissues and @bradsmi
| Lauren Feiner / The Verge: |
The US Senate passes the Kids Online Safety Act and the Children and Teens' Online Privacy Protection Act; the bills now move to the House — The Senate passed the Kids Online Safety Act (KOSA) and the Children and Teens' Online Privacy Protection Act (also known as COPPA 2.0) … | Bloomberg: |
Sources including frontline health care workers say their testing of Google's AI-powered nurse handoff tool has left questions about its consistency and quality — After spending billions trying to transform the industry, Alphabet sees opportunity in artificial intelligence.
More: John Battelle's Search Blog. X: @daveyalba, @byjulialove, @daveyalba, @daveyalba, and @daveyalba
| Manya Saini / Reuters: |
PayPal reports Q2 revenue up 8% YoY to $7.89B, total payment volume up 11% to $416.81B, transaction margin dollars up 8%, and raises its FY 2024 profit forecast — PayPal (PYPL.O) on Tuesday raised its forecast for full-year adjusted profit for the second time, betting on resilient consumer spending … | Rafe Uddin / Financial Times: |
The UK ICO says the country's election authority failed to take “basic steps” to protect the personal data of 40M voters before a 2021 China-backed cyberattack — ‘Basic steps’ including updating passwords were missed before 2021 hack, finds Information Commissioner| Wall Street Journal: |
Amazon is expanding its one- to two-day delivery capabilities to US rural areas, using hyper-efficient warehouses, contracted drivers, and mom-and-pop shops — E-commerce giant is expanding into remote areas after years of fine-tuning its delivery systems in more dense cities| Duncan Riley / SiliconANGLE: |
Lineaje, a software supply chain management startup, raised a $20M Series A co-led by Prosperity7 Ventures, Neotribe Ventures, and Hitachi — Software supply chain management startup Lineaje announced today that it has raised $20 million in new funding to advance its artificial intelligence capabilities …
More: FinSMEs, Lineaje, and SecurityWeek
| Hadley Beeman / W3C: |
After Google said it wouldn't deprecate third-party cookies, the W3C says they should be removed as “hidden personal data collection hurts everyone's privacy” — Author(s) and publish date — After reading Google's announcement that they no longer plan to deprecate third-party cookies …
More: W3C, The Register, Pixel Envy, Pixel Envy, and WebProNews
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| Tekendra Parmar / Bloomberg: |
Scammers are using Meta's copyright protection tools to target Middle East influencers; creators see their Instagram content removed if they don't pay ransoms — Victims see their content removed from Instagram unless they pay steep ransoms. — In May 2023, Esaa Ahmed-Adnan … | Kyle Wiggers / TechCrunch: |
The US NTIA issues a report in support of “open-weight” generative AI models like Meta's Llama 3.1, but recommends the government to monitor for potential risks — The U.S. Commerce Department on Monday issued a report in support of “open-weight” generative AI models like Meta's Llama 3.1 … | Katharine Gemmell / Bloomberg: |
The UK CMA is gathering information from market players to determine whether Google's partnership with Anthropic qualifies as a merger and harms UK competition — - CMA will review whether investment causes competition issues — Google committed to investing $2 billion into the AI startup| Karissa Bell / Engadget: |
Meta rolls out AI Studio in the US, letting users create and share AI chatbots, and Instagram creators set up chatbots to answer DM questions and story replies — Meta is rolling out its AI Studio tools for custom chatbots. — The next time you DM a creator on Instagram, you might get a reply from their AI.
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Threads: @kanekallaway, @chriscox, and @timothybucksf
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