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September 11, 2024, 9:50 AM
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| Jake Evans / ABC: |
Meta admits to scraping every Australian adult Facebook user's public data to train AI, with no opt-out option as it is not required to do so under privacy law — In short: — Facebook is scraping the public data of all Australian adults on the platform, it has acknowledged in an inquiry.
More: The Guardian, 9to5Mac, Engadget, WinBuzzer, Anadolu Ajansı …, Information Age, RNZ, The North West Star, The Australian, The Age, The Canberra Times, The West Australian, NewsBytes, and Federal Court of Appeal Canada
Mastodon: @Old_IT_geek@techhub.social, @analogfusion@mastodon.art, @marilyn@mathstodon.xyz, and @abcfeeds@rssfeed.media
LinkedIn: Adam Barty and Anna Johnston
Forums: Hacker News, r/technology, r/privacy, r/worldnews, r/australian, and r/australia
| Paul Sawers / TechCrunch: |
MariaDB, which went public via SPAC in December 2022, says it's been acquired by PE firm K1 and names a new CEO, after filing to delist its shares from the NYSE — MariaDB's short-lived tenure as a public company is all but over, as the struggling database business is now fully under the auspices of K1 Investment Management.
More: K1 Investment Management, The Register, SiliconANGLE, and WebProNews
| Kyle Wiggers / TechCrunch: |
Mistral releases its first multimodal model, Pixtral 12B, available on GitHub and Hugging Face, and via API “soon” — French AI startup Mistral has released its first model that can process images as well as text. — Called Pixtral 12B, the 12-billion-parameter model is roughly 24GB in size.
X: @mistralai, @4evabehindsota, @reach_vb, @maartengr, @iscienceluvr, @maziyarpanahi, @danielhanchen, and @sophiamyang. Forums: Hacker News
| Taylor Swift / Taylor Swift on Instagram: |
Taylor Swift says she's voting for Kamala Harris, noting that Donald Trump sharing an AI-generated image of her “endorsing” him prompted her to reveal her plans — Like many of you, I watched the debate tonight. If you haven't already, now is a great time to do your research …
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Threads: @renee.diresta, @joannastern, @naominixwrites, @mossbergwalt, @mac_ryan_, @gaberivera, @brianstelter, @crumbler, @brianstelter, @mossbergwalt, @davepell, and @drewharwell
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| Carl Franzen / VentureBeat: |
Matt Shumer, who was accused of fraud over HyperWrite's 70B-parameter AI model, says he “got ahead” of himself but doesn't explain why the model underperformed — Matt Shumer, co-founder and CEO of OthersideAI, also known as its signature AI assistant writing product HyperWrite … | Aisha S Gani / Bloomberg: |
A surge in scams poses a serious image problem for Revolut, which faces more complaints than its large UK rivals about authorized push payment scams — The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.
More: This Week in Fintech. X: @aishagani, @aishagani, @aishagani, and @aishagani. LinkedIn: Aisha S Gani
| Joel Khalili / Wired: |
Riot Platforms plans the world's largest bitcoin mine in Corsicana, a former Texas oil boom town, using a liquid immersion system, despite residents' protests — A cash-strapped city in rural Texas will soon be home to the world's largest bitcoin mine. Local protesters are “raising hell.”| Brianna Sacks / Washington Post: |
An analysis finds 40+ examples of Facebook removing emergency-related posts during 20+ US wildfires since June 2024; Facebook says it is investigating the issue — The Post has collected more than 40 examples of Facebook removing emergency-related posts during at least 20 wildfires since June.
Threads: @mac_ryan_, @bostonjoan, @mac_ryan_, and @bird_bath1
Mastodon: @ai6yr@m.ai6yr.org, @bkahn@beige.party, @andreamm@mastodon.social, @KathleenC@sanjuans.life, @KathleenC@sanjuans.life, and @rickf@indieweb.social
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X: @bri_sacks, @weather_west, and @molly_engelberg. LinkedIn: John Clarke Mills. Forums: r/technology
| Suvashree Ghosh / Bloomberg: |
Chainalysis: payments in Singapore using stablecoins reached a record high of almost $1B in Q2, led by transactions at merchant outlets — - Digital-asset consultancy Chainalysis releases a crypto study — Stablecoin usage remains a small fraction of overall payments| Jiahui Huang / Wall Street Journal: |
In a memo to commemorate Alibaba's 25th anniversary, Jack Ma said the competition will make the company stronger, urging trust “in the power of market forces” — “Only with competition can we become stronger and allow the industry to remain healthy,” Ma said
More: Benzinga, Barron's Online, Rest of World, TechNode, YourStory, and South China Morning Post
| Joe Mayes / Bloomberg: |
AWS plans to spend £8B in the UK to grow its cloud business, expecting to support up to 14,000 jobs and contribute £14B to the UK GDP between 2024 and 2028 — - Move follows similar investments announced in Spain, Germany — Chancellor Reeves says decision is ‘start of economic revival’| David Shepardson / Reuters: |
CTIA: Americans used over 100T MB of wireless data in 2023, up 36% YoY, the largest single-year increase; the number of wireless connections rose 6% YoY to 558M — Americans used just over 100 trillion megabytes of wireless data in 2023, up 36% over the prior year in the largest single-year increase …
More: Engadget, Telecompetitor, and CTIA
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