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Binance Under Fire After Reports That $1.7 Billion in Crypto Flowed to Iran

Raj2 months ago01 mins

The world’s largest crypto exchange is under fire after investigators found accounts moving $1.7 billion to Iranian entities. Clues about those accounts were in plain sight for over a year. Source link

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Snapchat Investigated in Europe Over Child Safety Policies

Raj2 months ago01 mins

Regulators in Brussels accused the social media platform of maintaining a weak age-verification system, and steering younger users toward inappropriate experiences. Source link

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Juries Take the Lead in the Push for Child Online Safety

Raj2 months ago01 mins

A pair of verdicts held social media companies accountable for harming young users, highlighting a growing backlash as Congress struggles to pass legislation. Source link

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In ‘The AI Doc,’ Sam Altman and Dario Amodei Go on the Record

Raj2 months ago01 mins

“The AI Doc: Or How I Became an Apocaloptimist” tries to cover so much that it ends up being more confusing than clarifying, but parts are fascinating. Source link

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Meta Lays Off 700 Employees, While Rewarding Top Executives

Raj2 months ago01 mins

The jobs cuts and a new stock program for executives come as Meta continues to shift its focus to artificial intelligence. Source link

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Meta and YouTube Found Negligent in Landmark Social Media Addiction Case

Raj2 months ago01 mins

A jury found the companies negligent in their app designs, harming a young user with design features that were addictive and led to her mental health distress. Source link

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Meta Ordered to Pay $375 Million Over Child Safety Violations

Raj2 months ago01 mins

In one of the company’s first major losses, New Mexico jurors found that it had misled consumers about the safety of its platforms, enabling sexual exploitation of young users. Source link

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OpenAI Is Shutting Down Sora, Its A.I. Video Generator

Raj2 months ago01 mins

The start-up said it would discontinue Sora just three months after signing a multiyear deal to bring Disney characters to the service. Source link

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Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump

Raj2 months ago01 mins

The cut represents about 20 percent of the video game company’s work force, a spokeswoman said. Source link

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Arm Holdings, in Break From Past, Will Sell Its Own Computer Chips

Raj2 months ago01 mins

For years, the company sold chip designs to other companies. Now it plans to sell its own chips for A.I. data centers. Source link

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