
Take-Two forecasts second-quarter net bookings below estimates
(Reuters) -Take-Two Interactive Software forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on
1970-01-01 08:00

Coupang Sustains Profit Streak, Sees Logistics Investments Pay Off
Coupang Inc., the online retailer popular in South Korea for dawn and one-day delivery, posted its fourth straight
1970-01-01 08:00

Apple planning host of powerful new computers with updated M3 chip, rumours say
Apple is planning a host of powerful new Macs, according to new rumours. The company is testing a high-end MacBook Pro, powered by a new M3 chip with more cores than in the existing M2 line, according to Bloomberg’s Mark Gurman. And it is also testing a new version of the Mac Mini, due for release next year, he reported. Apple has updated nearly all of its current Macs to the M2 line of chips – which also includes the M2 Pro, Max and Ultra – over recent months. That includes the Mac Pro, which had been long neglected and received an update at Apple’s Worldwide Developers Conference event in June, bringing Apple’s full line-up onto the same chip architecture. Now Apple is planning for the successor to those chips, the M3. They are expected to arrive with updated computers: the MacBooks and Mac Mini, as well as the iMac which has not gone updated since 2021. They could start arriving in computers from late this year, Mr Gurman reported. The high-end MacBook Pro updates are expected to arrive in 2024, he said. Apple said during its earning call last week that it was expecting to see Mac revenue decline in the fourth quarter of its financial year. That further suggests that Apple is not planning new Macs before the next financial year, which begins in October. Apple is widely expected to release new iPhones next month. The Pro models are due to receive a new chip in the form of the A17, which might offer some insight into the details of the M3, since Apple shares significant technologies between its iPhone and Mac chips. Read More Apple’s iPhone 15 release date leaked amid reports of ‘severe shortages’ Apple gives update on its plans for AI – and says it is coming to every product Apple results show sales slumping
1970-01-01 08:00

Zoom provokes outrage with changes to its terms of service on AI
Zoom has provoked outrage among its users after a change to its terms of service. This week, the company made a number of changes to its terms of service that related to the way it uses people's data and the content of their calls. They have led to widespread criticism from users, some of whom have quit over what they said was overly expansive permissions. In particular, critics focused on a passage in which users agreed to Zoom's "access, use, collection, creation, modification, distribution, processing, sharing, maintenance, and storage" of data "for any purpose". The new terms said that data could be used for a variety of functions, including "machine learning or artificial intelligence" such was training new artificial intelligence models. Many feared that the expansive rules would mean that Zoom could, for instance, use the data of meetings to train generative artificial intelligence systems. A number of companies have faced backlash over fears that they could be gathering user data with a view to training artificial intelligence systems using it, and customers have become increasingly concerned about the potential invasion of privacy and ownership that could present. But now Zoom has said that the terms were misunderstood, and updated them with a new line intended to make clear that chats would not be used to train AI systems. "Zoom will not use audio, video or chat customer content to train our artificial intelligence models without your consent," the terms now read. In a blog post addressing the controversy, Zoom said that it had introduced two new generative AI features, aimed at making it easier to summarise meetings and help with chats. At the moment they are offered on a free trial basis and administrators can choose whether they are turned on. "When you choose to enable Zoom IQ Meeting Summary or Zoom IQ Team Chat Compose, you will also be presented with a transparent consent process for training our AI models using your customer content," the company said in its update. "Your content is used solely to improve the performance and accuracy of these AI services. And even if you chose to share your data, it will not be used for training of any third-party models." Read More Now even Zoom tells staff: ‘Come back to the office’ OpenAI launches bot that will crawl the internet to educate GPT PayPal launches dollar-backed cryptocurrency
1970-01-01 08:00

Neuralink, Elon Musk's brain implant startup, raises $280 million from Peter Thiel's VC fund
Elon Musk's biotechnology startup Neuralink raised $280 million in a fundraising round, the company announced on Monday via X, the Musk-owned social media platform formerly known as Twitter.
1970-01-01 08:00

Nvidia Unveils Faster Chip Aimed at Cementing AI Dominance
Nvidia Corp. announced an updated AI processor that gives a jolt to the chip’s capacity and speed, seeking
1970-01-01 08:00

Canadian publishers seek antitrust probe of Meta blocking news
OTTAWA (Reuters) -Canadian news industry groups on Tuesday asked the country's antitrust regulator to investigate Meta Platforms' decision to block
1970-01-01 08:00

OpenAI launches bot that will crawl the internet to educate GPT
OpenAI has built a new bot that will crawl over the internet, gathering information to educate artificial intelligence systems. Operators of websites will be forced to actively opt out, and block the bot, if they want to stop it taking data from their site. Artificial intelligence systems such as OpenAI's ChatGPT rely on vast amounts of data to train their models and learn how to give the correct outputs. So far, much of that data has been taken freely from the web. That has prompted numerous complaints from authors and other web users. Many have criticised OpenAI and others for taking personal information and copyrighted content to train their models, with that writing potentially informing or even being replicated in the system's answers. Artificial intelligence companies have also faced criticism from others who claim that such crawlers are stretching their web infrastructure. Elon Musk, for instance, has said that the load from such bots has forced Twitter to place limits on how many posts users could see on the site. OpenAI's existing ChatGPT 3.5 and 4 were trained on data taken from the internet that was taken up to late 2021. There is no way for owners of that data or the websites it was gathered from to remove it from OpenAI's models. Now OpenAI says that the new system, named 'GPTBot', will be crawling over data and writing on the web to gather more information to train future models. It told website administrators that they should include instructions to the bot to stop it from crawling a website, if they did not want that information to be gathered. Administrators are able to include such information in a file called "robots.txt", which gives instructions to other crawlers such as those used by Google for its search results. OpenAI says the bot "may potentially be used to improve future models". It also says that it is built to "remove sources" that require a paywall, gather personally identifiable information or have text that violates its rules. It suggested that letting the bot access sites "can help AI models become more accurate and improve their general capabilities and safety". Read More Meta’s Twitter rival Threads sees ‘steep drop in daily users by 80 per cent’ Google Assistant will be ‘supercharged’ with AI like ChatGPT and Bard PayPal launches dollar-backed cryptocurrency
1970-01-01 08:00

Google fails to end $5 billion consumer privacy lawsuit
By Jonathan Stempel A U.S. judge rejected Google's bid to dismiss a lawsuit claiming it invaded the privacy
1970-01-01 08:00

UK Electoral Commission says it was hacked by 'hostile actors'
LONDON (Reuters) -Britain's Electoral Commission said on Tuesday it had been targeted in a complex cyber incident first identified last
1970-01-01 08:00

PayPal launches dollar-backed cryptocurrency
PayPal has launched a new cryptocurrency that is tied to and backed by the US dollar. PayPal USD, issued by Paxos Trust Company, is a type of digital currency called a stablecoin, which differs to other cryptocurrencies like bitcoin as their values are tied to traditional fiat currencies like dollars, pounds or euros. “The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said PayPal chief executive Dan Schulman. “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD.” The new crypto token will roll out first to US PayPal customers, offering the ability to send and transfer PayPal USD to other people, as well as fund purchases when checking out at online stores. The new cryptocurrency comes at a time of increased scrutiny at the crypto industry, with regulators looking to avoid a repeat of the TerraUSD stablecoin collapse that wiped tens of billions of dollars from markets in 2022. The TerraUSD token was also pegged to the US dollar, however unlike PayPal USD it was not backed up by any dollar reserves. Instead, it used a partner cryptocurrency to maintain its value algorithmically, which ultimately caused both cryptocurrencies to crash in tandem. Other companies have also attempted to launch stablecoins, including Facebook’s Libra project, which was shut down last year after facing push back from regulators. The US House Financial Services Committee has since advanced a bill aiming to set up a federal framework for stablecoins in order to integrate them into modern payment systems. “We are currently at a crossroads to keep America at the forefront of digital asset innovation,” US Representative Patrick McHenry, who chairs the committee, said in a statement following PayPal’s announcement. “Congress is making significant, bipartisan progress on legislation to ensure the US leads the financial system of the future.” Read More What is Elon Musk’s ‘everything app’ X? Kenya suspends eyeball-scanning crypto worldcoin
1970-01-01 08:00

Scientists make disturbing discovery at the bottom of Belize's Giant Blue Hole
The ocean is home to all manner of mysteries, from “alien” shape-shifters to ancient shipwrecks. And so, when Richard Branson and a team of scientists took a submersible down to the bottom of Belize’s iconic Giant Blue Hole, they were braced for some truly extraordinary sights. The Blue Hole is the largest sinkhole in the world, measuring 300m (984 feet) across and around 125m (410 feet) deep but, until Branson’s expedition in 2018 its depths had not been fully explored. The British billionaire was joined on his groundbreaking journey by Fabien Cousteau – the grandson of pioneering underwater explorer Jacques Cousteau – and oceanographer Erika Bergman. Sign up for our free Indy100 weekly newsletter Their mission was to create a 3D map of the hole’s interior but, when they reached the bottom, they were met by some disturbing discoveries. To be fair, they got off to a good start. The first thing they encountered as they edged down the hole was a wall of giant stalactites, which were “breathtakingly beautiful,” according to Branson. Then, at around 300 feet, they pierced a thick layer of toxic hydrogen sulphide, plunging them into darkness and cutting out the oxygen from the water around them. In an interview with CNN, Bergman explained that once you pierce that layer, which forms naturally over centuries, “you lose all of that Caribbean sunlight and it just turns completely black.” Elsewhere, Branson described it as “extremely eerie,” saying: “We didn’t expect to see any creatures below. But when we got to the bottom we could see crabs, conches and other creatures that had fallen into the hole, arrived on the bottom and then ran out of oxygen and died.” As the team continued to travel further down into the abyss, they were faced with the remains of a tragedy. In an interview with Business Insider back in July 2020, Bergman revealed that they found the bodies of two people who have “been lost in the Blue Hole”. “We found the resting place of a couple [of] folks,” she said. “And we just sort of very respectfully let the Belize government know where we found them.” She added that “everyone decided that we would just not attempt any recovery”, noting: “It's very dark and peaceful down there, [so we] just kind of let them stay.” As they reached the bottom, the team found something else unexpected, and very much unwelcome: human rubbish. It came in the form of a 2-litre Coke bottle and a lost GoPro containing some holiday snaps, according to Business Insider. “As for the mythical monsters of the deep? Well, the real monsters facing the ocean are climate change – and plastic,” Branson lamented following the discovery. “Sadly, we saw plastic bottles at the bottom of the hole, which is a real scourge of the ocean.” The business magnate said the expedition had offered “one of the starkest reminders of the danger of climate change [he had] ever seen.” He pointed out: “The Blue Hole is made of a complex system of caves that once formed on dry land. It is proof of how oceans can rise quickly and catastrophically. “Sea levels were once hundreds of feet lower. 10,000 years ago the sea level rose by about 300 feet when a lot of ice melted around the world. At 300 feet down you could see the change in the rock where it used to be land and turned into sea.” He added in his blog: “Hopefully by this trip taking place we have raised even more awareness of the need to protect the ocean and tackle climate change now – before it is too late.” He stressed that he didn’t want his grandchildren to “grow up in a world without corals, without the wonders of the ocean”. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
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