Meta’s Reality Labs Posts $4.5 Billion Loss In Second Quarter
Meta’s ambitious plans to develop the metaverse is still costing the company billions of dollars a quarter, CNBC reported.
From the archive
July 2024
31 posts
Getting Away From It All
I was recently away on holiday in Connemara, Ireland, an area which Oscar Wilde described back in the 19th century as "savage beauty". I can't imagine a whole lot has changed in the 150 years since he visited. It's still wild and rugged with all four seasons regularly experienced in one day. I was staying a few miles outside of
Meta To Pay $1.4 Billion To Settle Texas Facial Recognition Data Lawsuit
Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of illegally using facial-recognition technology to collect biometric data of millions of Texans without their consent, Reuters reported.
Apple Releases First Preview Of Its Long-Awaited iPhone AI
Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images, and sort notifications, CNBC reported. The new software called Apple Intelligence was released in the developer beta of iOS 18.1. It is also available in similar releases for iPad and Mac. It is currently only
Elon Musk Shares Manipulated Harris Video, Violating X’s Policies
Elon Musk, the world’s richest man, has waded into one of the thorniest issues facing U.S. politics: deepfake videos, The New York Times reported. On Friday night, Mr. Musk, the billionaire owner of the social media platform X, reposted an edited campaign video for Vice President Kamala Harris that appears to have been digitally manipulated to change the spot’s voice-over
Irish Watchdog ‘Surprised’ Over X Move On User Data
The Irish Data Protection Commission (DPC) has expressed “surprise” over social media company X’s decision to use user posts to train an AI chatbot, The Independent reported. Users of X, formerly known as Twitter, expressed outrage after discovering that the company had enabled a system where their posts could be used to train its Grok AI chatbot. Grok, which is
Elon Musk Is Secretly Training Grok On Your X Data By Default
Earlier this week, Billionaire Elon Musk took to his X (formerly Twitter) platform to announce that his xAI company has started training it’s Grok LLM using “the most powerful AI training cluster in the world.” Musk indicated the AI model would be “the world’s most powerful AI by every metric by December this year.” Window’s Central reported. But as it
Microsoft Bing’s Major AI Shift: What It Means for Search Traffic
Microsoft’s latest update to Bing introduces AI-generated answers that take priority on the search results page. Traditional search results are now displayed in a smaller panel to the side. This change leverages large and small language models to match content and enhance user query fulfillment dynamically. While the update aims to improve efficiency, it raises concerns about the visibility of
SAG-AFTRA Calls Strike Against Major Video Game Studios
For close to two years, SAG-AFTRA has been in talks with major video game companies on a new contract agreement that would cover voice and performance capture workers on titles from Disney Character Voices, Activision Blizzard, Electronic Arts, Warner Bros.Games, Insomniac Games, and more, according to The Hollywood Reporter. Now, at an impasse over artificial intelligence concerns, the union’s chief
CrowdStrike Outage To Cost US Fortune 500 Companies $5.4bn
The global technology outage sparked by CloudStrike’s faulty update will cost US Fortune 500 companies $5.4bn, insurers estimated, as the cybersecurity firm vowed to make changes to prevent it from happening again, The Guardian reported. The projected financial losses exclude Microsoft, the tech giant whose systems suffered widespread failures in the crash. Companies in banking and healthcare are expected to
Mark Zuckerberg Argues That ‘Open Source AI’ Is The Path Forward
Meta posted “Expanding our open source large language models responsibly”. From the Meta blog:
CrowdStrike Outage continues to cause havoc!
The ongoing fallout from CrowdStrike's recent software update has forced Delta to cancel over 1,250 additional flights, affecting tens of thousands of passengers. The faulty update, which caused a logic error leading to an OS crash, has impacted 8.5 million Windows devices, disrupting airlines, healthcare, and other public services. Despite initial resistance, airlines must now cover costs for stranded travelers
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