| Sneha Kumar / Reuters: |
Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options — - Microsoft 365 personal plan price increased by 45% — Cheaper ‘classic’ plan only revealed during cancellation process| Lien Hoang / Nikkei Asia: |
In Vietnam, 65 countries sign a UN cybercrime treaty to share data and extradite suspects, despite tech companies' and activists' privacy and security concerns — HO CHI MINH CITY — Under a new United Nations treaty, 65 countries have agreed to fight cybercrime, including by sharing data … | Molly Schuetz / Bloomberg: |
The US DOJ's rigged-poker-game indictment involved hacking DeckMate, a casino-standard, suitcase-sized, $10K+ card shuffling machine, to reveal players' hands — The rigged-poker-game indictment unveiled on Thursday reads like a Hollywood heist film, featuring NBA stars and famous Mafia crime families.| Anthony Ha / TechCrunch: |
US Treasury Secretary Scott Bessent says Trump and Xi will “consummate” a TikTok deal on October 30 in South Korea, confirming a final US-China deal on the sale — The United States and China are ready to move forward on a TikTok deal, according to Treasury Secretary Scott Bessent.| Jonathan Weil / Wall Street Journal: |
Microsoft's disclosures on its OpenAI stake are scant, including putting OpenAI-related losses into a $4.7B “other, net” expense line in the FY ended June 30 — Company's disclosures on its OpenAI stake are scant. That is no longer tenable. — How long can Microsoft expect investors … | Financial Times: |
Inside OpenAI's deals with Nvidia, Oracle, and AMD, where sources say Sam Altman largely relied on his executive team, with little input from outside advisors — Altman tapped a handful of in-house dealmakers over his bankers and lawyers to design huge web of infrastructure agreements| Cristina Criddle / Financial Times: |
Employees are increasingly using AI to create ultra-realistic fake expense receipts; AppZen and others attribute the rise to advances in image generation models — Business software groups warn that top AI models are increasingly being used to create ultra-realistic fake receipts| Mark Gurman / Bloomberg: |
Sources: Apple is working on a vapor chamber for the next iPad Pro in 2027, and the company plans to start selling ads in its Maps app as early as 2026 — Apple is working on a vapor chamber to improve cooling and performance in an iPad Pro slated for as early as 2027.| Timmy Shen / The Block: |
Japanese fintech JPYC launches a yen-pegged stablecoin, the country's first, and its issuance platform JPYC EX, targeting $65.4B in circulation in three years — - JPYC Inc. said today it launched the country's first legally recognized yen-backed stablecoin.| Angel Au-Yeung / Wall Street Journal: |
Sources: AI contractor marketplace Mercor is finalizing $350M in funding led by Felicis at a $10B valuation; founded in 2023, Mercor manages 30K contractors — Founded in 2023 by three college dropouts, Mercor recruits humans to train chatbots, a new industry gold mine| Financial Times: |
Sources: JPMorgan Chase is giving staff the option to use its in-house LLM to write year-end performance reviews, a shortcut to the often painstaking process — Move allows employees to use bank's large language model to generate reviews from their own prompts| Stu Woo / Wall Street Journal: |
Indonesia and other developing countries are becoming AI hubs amid the multitrillion-dollar spending boom, in part driven by an “AI decolonization” philosophy — As part of ‘AI decolonization,’ developing nations push Silicon Valley to build locally — JAKARTA, Indonesia—Tap water isn't drinkable.| Kat Tenbarge / Wired: |
Real estate agents are using AI tools like AutoReel to replace videographers and stagers, cutting costs but generating distorted or misleading property images — Fake video walk-throughs, a magically expanding loft, and stair hallucinations are just some of the new AI-generated features house hunters are coming across.| Verity Burns / Wired: |
An interview with Mauro Porcini, who became Samsung's first Chief Design Officer in April, about creating a “consistent experience” across devices, and more — Mauro Porcini is, amazingly, Samsung's first ever chief design officer. He's got a hell of a job ahead of him.
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| New York Times: |
| Hartley Charlton / MacRumors: |
| Alex Heath / Sources: |