Sonos sues Google for allegedly copying its speaker technology Jon Fingas @jonfingas Sonos may have to cozy up to partners like Amazon and Google to compete in the smart speaker world, but that doesn’t mean it’s happy with how it’s being treated. The company has sued Google in federal court over allegations the … Continue reading Google fined $32.5 million for infringing on Sonos patent
Hyundai and Kia release software update to prevent TikTok thefts Katie Malone @kathrynamalone Kia and Hyundai released a software update on Monday after a viral TikTok challenge taught users how to hack the vehicles. But for now, it’s only available to a selected one million vehicles, out of the four million cars that … Continue reading Hyundai will pay $200 million after a TikTok challenge exposed a huge security flaw
Andrew Tarantola @terrortola For a product that its own creators, in a marketing pique, once declared “too dangerous” to release to the general public, OpenAI’s ChatGPT is seemingly everywhere these days. The versatile automated text generation (ATG) system, which is capable of outputting copy that is nearly indistinguishable from a human writer’s work, is … Continue reading The UK will spend £100 million to develop its own ‘sovereign’ AI
Google will pay $9.5 million to settle Washington DC AG’s location-tracking lawsuit Kris Holt @krisholt Google has agreed to pay $9.5 million to settle a lawsuit brought by Washington DC Attorney General Karl Racine, who accused the company earlier this year of “deceiving users and invading their privacy.” Google has also agreed to change … Continue reading Google will pay $9.5 million to settle Washington DC AG’s location-tracking lawsuit
Whistleblower explains how Cambridge Analytica ‘exploited’ Facebook Richard Lawler @Rjcc Last night Facebook announced bans against Cambridge Analytica, its parent company and several individuals for allegedly sharing and keeping data that they had promised to delete. This data reportedly included information siphoned from hundreds of thousands of Amazon Mechanical Turkers who were paid to use … Continue reading Meta settles Cambridge Analytica class-action lawsuit for $725 million
By Sam Becker September 23, 2022 Two-and-a-half million people in the United States became millionaires last year, but thanks to rising prices, that may not mean as much as it used to. Worldwide, 5.2 million people became millionaires in 2021, according to the Global Wealth Report 2022, an annual release published … Continue reading The world got 5.2 million more millionaires last year, but many are getting pinched in 2022
Lunio Raises $15 Million, Senior Leaders At Google Invest In Round by Laurie Sullivan , Staff Writer @lauriesullivan, September 29, 2022 Lunio, a company focused on click-fraud prevention, announced it has closed $15 million in Series A funding. The goal is to help digital marketers get the most from advertising budgets by identifying and excluding fake … Continue reading Lunio Raises $15 Million, Senior Leaders At Google Invest In Round
By Adele Peters August 29, 2022 In the Southern Arizona desert, Tempe Farming usually grows crops like alfalfa and cotton. But last spring, farmer Will Thelander also started growing a crop called guayule. It’s a small desert shrub that can survive without irrigation—and that Bridgestone, the tire manufacturer, plans to use to make rubber … Continue reading Why Bridgestone is investing $42 million in desert shrubs
By Chris Morris August 23, 2022 The metaverse just got another big vote of support from Sand Hill Road. Ready Player Me, a cross-game avatar system, announced on Tuesday it has closed a $56 million Series B round. Among its backers: Andreessen Horowitz, the cofounders of Roblox and Twitch, and entertainer Kevin Hart’s venture … Continue reading Ready Player Me, a metaverse avatar platform, raises $56 million in a Series B round
Robinhood lays off almost a quarter of its staff The company cut nine percent of its workforce earlier this year. I. Bonifacic @igorbonifacic Andrew Kelly / reuters For the second time this year, Robinhood is cutting its headcount. On Tuesday, the company announced it would lay off 23 percent of its workforce. According to … Continue reading New York regulators slap Robinhood’s crypto business with $30 million fine
