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Monthly Archives: May 2024
Uber reports first-quarter results that beat expectations for revenue, but posts net loss
Uber beats expectations for revenue but falls short of estimates for gross bookings.
EU grills Elon Musk’s X about content moderation and deepfake risks
The European Union has deepened the investigation of Elon Musk-owned social network X it opened back in December, under the bloc’s online governance and content moderation rulebook: the Digital Services Act (DSA). Confirmed breaches of the regime could be expensive … Continue reading
Posted in Tech
Tagged TechCrunch
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Atlan scores $105M for its data control plane, as LLMs boost importance of data
For the founders of Atlan, a data governance startup, data has always been at the heart of what they do, even before they launched the company. In fact, co-founders Prukalpa Sankar and Varun Banka got their start building India’s national … Continue reading
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Tagged TechCrunch
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FTX says most customers of the bankrupt crypto exchange will get all their money back
FTX estimates that it owes creditors around $11.2 billion. FTX said it has between $14.5 billion and $16.3 billion to distribute to creditors.
It’s you versus machine as Stern unveils the world’s first AI pinball machine
Legendary pinball machine manufacturer Stern is back, and this time it has Artificial Intelligence on its side. If you ever felt as though pinball was a cruel game, as you watched your ball disappear down a hole with seemingly nothing … Continue reading
You don’t know the power of the Dark Side as Fortnite nerfs Darth Vader – iconic boss just too difficult to beat
It seems no matter how much of the Force you were prepared to use, taking down your father should be easier – so says Epic at any rate as it has nerfed the Darth Vader boss in Fortnite as he … Continue reading
British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions
TS Anil, CEO of Monzo, told CNBC his firm plans to use the cash to build new products and accelerate its international expansion plans.
Combatting Deepfakes in Australia: Content Credentials is the Start
The production of deepfakes is accelerating at more than 1,500% in Australia, forcing organisations to create and adopt standards like Content Credentials.
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Tagged TechRepublic
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FTX crypto fraud victims to get their money back — plus interest
Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago, say that the vast majority of victims will receive their money back — plus interest. The news comes six months after FTX co-founder and … Continue reading
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Tagged TechCrunch
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Big Tech is eating as much data as it can to win in AI — but it’s not ‘winner takes all,’ CEO says
Microsoft, Amazon and Google are spending billions on AI. But Appian CEO Matt Calkins says that ensuring success in the field is “not just about money.”