The US FTC releases a report saying Microsoft's $13B investment in OpenAI raises concerns that the company could extend its cloud computing dominance into AI
Microsoft-Open AI raises alarms Jon Keegan / Sherwood News : FTC report scrutinizes OpenAI and Anthropic's partnerships with cloud giants Grace Priscilla Teo / Tech in Asia : US warns of risks in Micr...
SCOTUS signals it is likely to uphold the TikTok divest-or-ban law, as a majority of justices suggested they see national security overriding free speech issues
TikTok went before the Supreme Court on Friday for one last attempt to put an end to the impending ban. Stephen Schenck / Android Authority : It may be time to start accepting that the US TikTok ban i...
Mark Zuckerberg says Threads has almost 275M MAUs and is adding more than a million sign ups per day, while Meta AI has passed 500M MAUs in less than a year
RE: https://www.threads.net/... Kurt Wagner / @kurtwag8 : Threads Monthly users: April - 150m July - 175m Aug - 200m Oct - “almost” 275m That's a lot of growth in one year (even if they are pushing Th...
Unisys, Check Point, Avaya, and Mimecast to pay a combined $7M to the SEC, which says they negligently downplayed the impact of the SolarWinds supply chain hack
The companies fined are: Avaya, Check Point, Mimecast, and Unysis. — https://techcrunch.com/... X: Mike Swift / @swiftstories : The @SECGov is starting to hand out some real #cybersecurity fines, ...
The FBI charges Alabama man Eric Council Jr. with hacking the SEC's X account on January 9, 2024 to post a fake announcement about approving spot bitcoin ETFs
Causing Bitcoin To Spike Jonathan Greig / The Record : Alabama man arrested in breach of SEC social media account Karissa Bell / Engadget : The FBI arrested an Alabama man for allegedly helping hack t...
A US FTC report on the data practices of Meta, YouTube, TikTok, and six other companies finds “vast surveillance” of consumers to monetize their information
and the ingestion of personal information—to power their services - Companies generally fed extensive amts of personal info into their automated systems /10 [image] Jon von Tetzchner / @jonsvt : This ...
A US appeals court largely upholds a ruling blocking the California Age-Appropriate Design Code Act, finding parts of the law likely violate the First Amendment
making decisions based on evidence, not claims.https://www.washingtonpost.com/ ... Nora Benavidez / @attorneynora : Breaking news: the Ninth Circuit just ruled that California Age appropriate Design C...
The US DOJ sues Adobe for allegedly harming “consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing” plan terms
Amid a flurry of tech news yesterday … Kevin Okemwa / Windows Central : US government sues Adobe for ‘deceptive’ business tactics and hiding steep subscription cancellation charges to ‘trap’ its custo...
Filing: Clearview AI proposes settling a class action lawsuit by collectively giving a 23% stake, worth ~$52M, to Americans whose faces are in its database
https://arstechnica.com/... h/t @Nonya_Bidniss Evan Greer / @evangreer@mastodon.online : I spoke with the NYT about why giving people harmed a stake in Clearview AI is not a solution. — #FacialReco...
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Meta Platforms (META Quick Quote META - Free Report) … Salvador Rodriguez / Wall Street Journal : Facebook Parent Meta Initiates Dividend as Growth Continues Jonathan Vanian / CNBC : Mark Zuckerberg s...