Generative AI Defined: How It Works, Benefits, and Limitations

Posted on October 24, 2024 by Techme101

What is generative AI in simple terms, and how does it work? Discover the meaning, benefits, limitations and dangers of generative AI with our guide.

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What Is PCI Compliance? A Simple Guide for Businesses

Posted on October 24, 2024 by Techme101

Safeguard your customers’ card data using these industry-standard security protocols.

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General Catalyst raises $8B in fresh funds to back startups globally

Posted on October 24, 2024 by Techme101

U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding, […]
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LinkedIn fined $356 million in EU for tracking ads privacy breaches

Posted on October 24, 2024 by Techme101

Bad news for LinkedIn in Europe where the Microsoft-owned social network has been reprimanded and fined €310 million for privacy violations related to its tracking ads business. The administrative penalties, which are worth around $356 million at current exchange rates, have been issued by Ireland’s Data Protection Commission (DPC) under the European Union’s General Data […]
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Vinted hits $5.4B valuation amid wave of secondary share sales in Europe

Posted on October 24, 2024 by Techme101

Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture […]
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Google, Microsoft, and Perplexity Are Promoting Scientific Racism in Search Results

Posted on October 24, 2024 by Techme101

The web’s biggest AI-powered search engines are featuring the widely debunked idea that white people are genetically superior to other races.

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Meet ZachXBT, the Masked Vigilante Tracking Down Billions in Crypto Scams and Thefts

Posted on October 24, 2024 by Techme101

He just untangled a $243 million bitcoin theft, what may be the biggest-ever crypto heist to target a single victim. And he has never shown his face.

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Perplexity launches a native Mac app

Posted on October 24, 2024 by Techme101

AI-focused search startup Perplexity launched its native Mac app today to compete with other AI apps like OpenAI’s ChatGPT and Quora’s Poe app — the latter aggregates different large language models. Perplexity had teased the app earlier this month and asked users to sign up for pre-orders so they get a notification when the app […]
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Intel’s $1.45 billion EU antitrust fine is officially history

Posted on October 24, 2024 by Techme101

A €1.06 billion EU antitrust penalty on chipmaker Intel for abuse of dominance dating back to 2009 (when it was equivalent to $1.45 billion) has been consigned to the history books after the bloc’s top court rejected the Commission’s appeal against a 2022 lower court ruling that annulled the sanction. “The Court of Justice dismisses […]
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Spotify adds auto-moderation tool to help podcasters manage comments

Posted on October 24, 2024 by Techme101

Spotify in July started letting listeners comment on podcast episodes on the app, and the company is now rolling out a new set of controls to help podcasters manage and moderate comments. When comments were first launched, podcasters initially had to review comments and publish them. Now, the platform has added a configurable auto-moderation tool […]
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