Successful tech companies follow a typical pattern: from product to platform where other startups build businesses on top of theirs. To spur that, they often launch a fund. In this case, someone else is launching a fund to help fast-growing social media site Bluesky, which now claims 25 million users. On Wednesday open source and […]
With 25M users, Bluesky gets a $1M fund to take on social media and AI Read More »
OpenAI’s transition away from a for-profit corporation that’s governed by a nonprofit board is well underway — and the nonprofit could be compensated royally for it. That’s according to The New York Times, which reports that OpenAI is in discussions to pay the nonprofit billions of dollars for it to cede control. There’s pressure to
OpenAI may pay its nonprofit arm ‘billions of dollars’ in conversion to for-profit Read More »
Five years later sounds like a half-baked sequel to a well-known zombie flick franchise. But it’s a reference to how long it’s taken a data access complaint against Netflix to deliver a penalty decision in the European Union. The fine that’s — finally — been issued under the bloc’s General Data Protection Regulation (GDPR) is
Five years later… Netflix hit with Dutch data access fine Read More »
Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over unlawful practices, including misleading customers about delivery costs, deceiving drivers about potential earnings, and listing restaurants on its platform without their permission. The agencies claim that Grubhub hid the true cost of its delivery
Grubhub to pay $25M for ‘deceptive’ practices against customers, drivers Read More »
Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, DST Global, GIC, and Iconiq Growth. The round is one of the largest venture rounds in history, and will drive future future mergers and acquisitions,
Databricks raises $10B as it barrels toward an IPO Read More »
There are few matters in life that divide a room more than the prudence of putting pineapple on pizza. But if you’re of the persuasion that tropical fruit has no place on a pie, you’ll have to swallow a bitter pill — if you want to access the WordPress.org developer portal and forum, at least.
Pineapple on pizza is delicious — and if you disagree, you can’t log in to WordPress.org Read More »
Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country’s information watchdog OAIC announced Tuesday. The settlement concerns the 2018 Cambridge Analytica scandal, when data on millions of Facebook users was exfiltrated without their knowledge or consent by
Meta to set up $50M privacy payment scheme to settle Australian proceeding Read More »
TikTok and ByteDance asked the United States Supreme Court to block the law that forces TikTok to be sold off or banned in the United States, according to an emergency filing with America’s top court on Monday. The social media company requested that the Supreme Court consider blocking the sell-or-ban law passed earlier this year
TikTok asks Supreme Court for a lifeline as sell-or-ban deadline approaches Read More »
Facebook’s parent company, Meta, is supporting Elon Musk’s effort to block OpenAI’s conversion from a nonprofit company into a for-profit one. As reported by The Wall Street Journal, Meta sent a letter to California attorney general Rob Bonta, arguing that allowing the shift would have “seismic implications for Silicon Valley.” And while the company asked
Meta asks California attorney general to block OpenAI’s conversion to for-profit Read More »
OpenAI co-founder Ilya Sutskever spoke on a range of topics at NeurIPS, the annual AI conference, Friday afternoon before accepting an award for his contributions to the field. Sutskever gave his predictions for “superintelligent AI” — AI more capable than humans at many tasks, which he believes will be achieved at some point. Superintelligent AI
OpenAI co-founder Ilya Sutskever believes superintelligent AI will be ‘unpredictable’ Read More »
