Airbnb has announced significant changes to its policies regarding the use of security cameras and monitoring devices in properties listed on its platform. Previously, indoor security cameras were allowed in certain areas like hallways and living spaces, as long as they were disclosed by the property owner and clearly visible, with restrictions against placement in… Continue reading Airbnb bans use of all indoor security cameras to ‘prioritize the privacy’ of guests

Bitcoin soared to a new record high above $72,000 on Monday following an announcement from the British Financial Conduct Authority (FCA) permitting exchanges to list cryptocurrency-linked exchange-traded products (ETPs) for the first time. The FCA stated it wouldn’t oppose requests from recognized investment exchanges to establish a U.K.-listed market segment for crypto-backed exchange-traded notes (ETNs).… Continue reading Bitcoin hits record high above $72,000 as UK opens the door to crypto exchange-traded products

Reddit is preparing for its initial public offering (IPO) with plans to raise up to $748 million and aiming for a valuation of around $6.5 billion. The social media platform intends to sell approximately 22 million shares at a price range of $31 to $34 per share, as detailed in a corporate filing released recently.… Continue reading Reddit to raise nearly $750 million in upcoming IPO

Shane Jones, an artificial intelligence engineer at Microsoft, expressed alarm over the disturbing images generated by Copilot Designer, an AI image generator powered by OpenAI’s technology. Jones, who had been red-teaming the product for vulnerabilities, discovered images depicting demons, violent scenes, sexualized content, underage drinking, and drug use. Despite raising concerns internally, Microsoft refused to… Continue reading Microsoft engineer warns company’s AI tool creates violent, sexual images, ignores copyrights

OpenAI responded to a lawsuit filed by co-founder Elon Musk, revealing old emails in which Musk advocated for the startup to raise significant funding and become less open over time, contrary to his recent allegations of breach of contract and unfair competition. Musk’s lawsuit claimed that OpenAI’s GPT-4 AI model is secretive for commercial gain… Continue reading OpenAI shares Elon Musk emails urging startup to raise $1 billion, see Tesla as a cash cow in its early years

Apple’s iPhone sales in China are experiencing a significant slump, according to a report by Counterpoint Research. The analyst firm found that iPhone sales dropped a staggering 24% in the first six weeks of 2024 compared to the same period last year. This decline is attributed to intensifying competition from domestic Chinese smartphone brands, particularly… Continue reading Apple iPhone sales plunge 24% in China as Huawei smartphone business resurges, report says

Ether, the world’s second-largest cryptocurrency, is on a tear, rising 6% to $3,809 on Tuesday. This surge comes as Bitcoin, the leading cryptocurrency, reached a new all-time high above $69,000 before settling at $68,833. Analysts believe several factors are driving Ether’s recent gains. One major driver is the “trickle-down effect” from Bitcoin’s record-breaking rally. As… Continue reading Ether climbs another 6% after Monday rally, bitcoin hits record

The European Commission levied a 1.8 billion euro ($1.95 billion) antitrust fine against Apple, the largest such penalty imposed by the EU on a technology company, for exploiting its dominant position in the market for distributing music streaming apps. The commission’s investigation, prompted by a complaint from Spotify in 2019, focused on Apple’s contractual restrictions… Continue reading Apple hit with more than $1.95 billion EU antitrust fine over music streaming

Super Micro Computer’s stock surged by 20% in Monday morning trading following the announcement that the company had been selected to join the S&P 500 index. This rise comes amidst a remarkable upward trajectory for the server and computer infrastructure firm, with shares increasing more than twentyfold over the past two years and by over… Continue reading Super Micro pops 20% after S&P 500 selection

Paula Goldman, Salesforce’s chief ethical and humane use officer, expressed optimism regarding the imminent introduction of new laws to regulate artificial intelligence (AI) in the United States. Speaking at the Mobile World Congress tech trade show in Barcelona, Spain, Goldman highlighted the increasing momentum towards concrete AI legislation within the U.S. Congress. She emphasized that… Continue reading Salesforce’s top AI ethics leader says she’s ‘optimistic’ on the path to U.S. regulation

Elon Musk has filed a lawsuit against OpenAI and its CEO, Sam Altman, alleging that the organization has deviated from its original mission of developing artificial intelligence (AI) for the benefit of humanity. Musk, who co-founded OpenAI in 2015, asserts that the nonprofit lab was established to pursue artificial general intelligence (AGI) with a focus… Continue reading Elon Musk sues OpenAI and CEO Sam Altman over contract breach

Figure AI, a startup focused on developing humanoid robots for hazardous and undesirable tasks, has garnered significant support from key players in the artificial intelligence sector. Recently, the company announced a successful funding round, raising $675 million at a valuation of $2.6 billion, with notable investors including Jeff Bezos, Nvidia, and Microsoft. Founded in 2022,… Continue reading Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding