Technology

More news - Breaking news In a bold departure from the industry norm, a group of forward-thinking investors are backing smaller, more focused venture capital funds. This movement, led by the likes of Notation Capital’s Nick Chirls, challenges the prevailing notion that larger funds necessarily produce better results. Nick Chirls, who has a decade of experience in venture capital, recently decided to leave his firm, which has successfully raised three funds and backed more than a hundred companies. Chirls and his colleagues have raised concerns about the industry’s shift toward managing large amounts of money, which they believe is compromising the quality of investment relationships. This emerging group of investors, including the founders of Asylum Ventures, are advoc...

Related media - News 24 hours In the rapidly evolving AI landscape, OpenAI, known for its pioneering AI product, ChatGPT, is undergoing significant organizational and leadership changes. These adjustments are intended to better position the company in a competitive technology market and address ongoing concerns about AI safety. OpenAI recently welcomed a diverse group of leaders, including high-level tech executives, disinformation analysts, and AI security specialists. This strategic leadership buildout is complemented by the addition of seven new board members, one of whom is a retired four-star general with previous leadership at the National Security Agency. These changes underscore OpenAI’s commitment to responsibly advancing AI technologies. Financially, OpenAI i...

Related media - Recent news In a significant development, Brazil has initiated a nationwide suspension of the social network X after its owner, Elon Musk, failed to comply with court orders to deactivate specific user accounts. The action marks a critical escalation in the ongoing conflict over online free speech and regulatory compliance. Context of the ban The decision went into effect last Saturday, impacting Brazil’s 200 million residents. The directive, issued by Brazilian Supreme Court Justice Alexandre de Moraes, was enforced due to X’s lack of a physical base of operations in Brazil. The legal move underscores growing tensions between domestic courts and global digital platforms over jurisdiction and enforcement. Implications for digital communication The event...

Related media - News 24 hours In a significant development on the antitrust front, Google’s recent legal setback has opened the door to more legal challenges, with Yelp becoming the latest to file a lawsuit. This action follows a landmark ruling earlier this month in which a federal judge labeled Google an illegal monopoly, marking a pivotal moment in regulatory scrutiny of the tech giant. New legal battles emerge The Google verdict has triggered a series of potential legal battles, with Yelp stepping forward to challenge Google’s practices in the local search market segment. Filed in federal court in San Francisco, Yelp’s lawsuit accuses Google of using its dominant position in the broader search market to unfairly outperform competitors in localized search. Yelp is n...

More news - News 24 hours For smartphone users whose devices struggle to stay charged throughout the day, there are effective strategies to extend battery life until you can upgrade to a newer model. In a world where new smartphones tempt us with advanced features, many may find themselves in a situation where upgrading is not immediately feasible. This could be due to financial constraints, contractual timelines, or simply waiting for the latest models to come out. During this time, dealing with a dying phone battery becomes a daily challenge. Efficient energy saving A useful feature for iPhone and iPad users is Apple’s Low Power mode. This setting temporarily adjusts device functions, dimming the screen, limiting app updates, and reducing background activity, to sign...

Related media - Breaking news Over a decade ago, Pavel Durov, then an emerging tech entrepreneur in Russia, made headlines when he defied government pressure to censor opposition voices on his social media platform, VKontakte, by posting a humorous image of a dog in a hood. This act of defiance not only underscored his commitment to free speech, but also set the stage for his future efforts. Fast forward to 2024, and Durov’s penchant for challenging authority has once again put him under scrutiny. He was recently arrested in France amid allegations that he facilitated illicit activity through Telegram, the communications service he launched in 2013. Known for its strict privacy policies, Telegram has become a sanctuary for free expression, but has also faced criticism ...

More news - Breaking news In the heart of Silicon Valley, a culture of innovation has long been celebrated, with startups often emerging to challenge the status quo and introduce disruptive technologies. Historically, this dynamic environment has fostered the development of transformative technologies such as the personal computer and the smartphone. However, recent trends suggest a shift, with a few dominant technology companies increasingly maintaining their market positions by absorbing emerging competitors before they pose a real threat. Take the field of generative AI, for example. DeepMind, an early leader in AI, was quickly acquired by Google. Similarly, OpenAI, originally founded as a nonprofit to match Google’s prowess, has since secured a substantial $13 bill...

More news - Breaking news In a significant escalation of its efforts to counter foreign influence in its electoral processes, the U.S. Department of Justice has launched a full criminal investigation into American individuals who have been associated with Russian state media outlets. This action underscores a proactive approach to safeguarding the integrity of the upcoming November presidential election. Earlier this month, FBI operations included raids on the residences of two well-known individuals with ties to Russian media: Scott Ritter, a former United Nations weapons inspector and a vocal critic of U.S. foreign policy, and Dimitri K. Simes, who served as an advisor to Donald J. Trump during his initial presidential campaign in 2016. While no formal charges have y...

More news - News 24 hours In a recent groundbreaking legal move, a University of Massachusetts Amherst professor has taken an unconventional approach to challenging Meta, the parent company of Facebook, Instagram, and WhatsApp. Using Section 230 of the Communications Decency Act, a law traditionally seen as a protective shield for social media platforms, the professor’s lawsuit seeks judicial affirmation of software that would allow users to unfollow all of their Facebook contacts at once. Historically, Section 230 has been instrumental in the growth and development of major technology companies by exempting them from liability for user-generated content. This legal shield has been a cornerstone of the digital economy, fostering an environment in which platforms like F...

Related media - Recent news In a significant move, the California State Assembly’s Appropriations Committee on Thursday approved a revised version of the artificial intelligence regulatory bill, known as SB 1047. The legislation seeks to establish groundbreaking safety protocols for AI technologies, requiring companies to conduct extensive safety testing before these technologies are introduced to consumers. The bill, which is now inching closer to becoming law, would authorize the California attorney general to take legal action against companies whose AI systems cause substantial harm, such as serious property damage or loss of life. The proposed regulations have sparked heated debate among tech elites, academics, and Silicon Valley venture capitalists. Discussions c...