Chindata Group receives take-private offer from Bain Capital
Chindata Group, a Chinese data center operator, has revealed that investor Bain Capital, which owns 42.2% of the firm, has offered to buy it out and take it private. The transaction, which values Chindata at $2.93 billion, has piqued the interest of industry experts and investors alike. Chindata, which specializes in the building and management […]
Twitch apologizes for new advertising rules
Twitch has apologized for its new advertising rules that limited streamers’ ad options and affected their earnings. After facing backlash and threats of a boycott, Twitch agreed to revise the policy. The company expressed regret on Twitter, acknowledging the confusion and frustration caused by the broad policy update. They clarified that streamers can still form […]
Altman addresses concerns and challenges of AI
According to leaked details of a meeting held earlier this month with developers and startup founders in London, Sam Altman, the CEO of OpenAI, shed light on the organization’s roadmap and addressed critical concerns. Details of the meeting were exposed through a now-deleted blog post authored by Raza Habib, CEO of Humanloop, a Y Combinator-backed […]
Federal Bureau of Investigation (FBI) warns of scammers using AI for sextortion
The FBI has warned about scammers using AI to create explicit deepfake images and videos known as “sextortion.” Scammers manipulate innocent photos and videos from public social media accounts using advanced editing software. The victims, including minors and non-consenting adults, have reported having their images transformed into explicit content. These materials are shared on social […]
Bard enhances logic and reasoning skills through “Implicit Code Execution”
Google’s has improved Bard using a technique called “implicit code execution.” This enhancement has enhanced Bard’s abilities in math, coding, and string manipulation. Bard can now identify and execute code in the background, leading to more accurate responses in these areas. The blog post by Google explains that Bard, like other large language models, works […]
Florida man pleads guilty to selling counterfeit Cisco gear
Onur Aksoy, a 39-year-old entrepreneur from Miami, has confessed to engaging in a massive counterfeit scheme involving Cisco networking equipment. From 2013 to 2022, Aksoy sold counterfeit Cisco products to a wide range of institutions, including schools, hospitals, government agencies, and even the military. His illicit operations spanned across 19 companies located in New Jersey […]
Media banned from taking pictures and videos of Apple’s Vision Pro Headset
Apple’s Vision Pro headset has kept media professionals in the dark as it rigorously prevented them from collecting any visual evidence during their 30-minute sessions. Due to the media restriction, there is a scarcity of video information demonstrating the Vision Pro in action, with just Apple’s official advertising serving as a guide. Surprisingly, no Apple […]
Apple’s Vision Pro headset price tag stuns audience
The unveiling of Apple’s Vision Pro headset for a fixed price of $3,499 elicited murmurs and sighs from the live audience, as well as a lot of discussion on social media sites such as TikTok and Twitter. With 8.7 million views, a video released on TikTok by user @katamogz documenting the audience’s response to the […]
Twilio collaborates with Google Cloud AI technology
Twilio and Google Cloud are partnering to improve Twilio Flex, Twilio’s flagship product. The partnership will integrate Google Cloud’s AI technology into Twilio Flex to enhance contact center services, sales, and in-app support. It will also enable businesses to offer customer assistance in multiple languages, making their contact centers more efficient. Meir Amiel, Twilio’s Senior […]
Reddit announces 5% workforce reduction
Reddit has announced that it is laying off 90 people, or nearly 5% of its global staff. Following a successful performance in the first half of the year, the CEO, Steve Huffman, indicated in an email to staff that the restructure is important to preserve the company’s momentum. Reddit is also reducing its recruiting ambitions […]
