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October 26, 2024, 11:10 AM
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| Associated Press: |
Engineers, developers, and researchers say OpenAI's transcription tool Whisper hallucinates chunks of text or even entire sentences, including racial commentary — Tech behemoth OpenAI has touted its artificial intelligence-powered transcription tool Whisper as having near “human level robustness and accuracy.”
Mastodon: @jonny@neuromatch.social, @purserj@aus.social, and @Tribo@mastodon.social. Bluesky: @mhwilliams.bsky.social. Forums: r/news
| David Shepardson / Reuters: |
Delta sues CrowdStrike, saying the July 19 outage caused mass flight cancellations, disrupted travel plans of 1.3M customers, and cost the carrier over $500M — Delta Air Lines (DAL.N) on Friday sued cybersecurity firm CrowdStrike (CRWD.O) in a Georgia state court after a global outage …
More: Wall Street Journal, The Hill, CNBC, TweakTown, Bloomberg, Atlanta Journal-Constitution, Associated Press, and The Verge. Forums: Slashdot
| Bloomberg: |
The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry — Of all the legal actions taken against cryptocurrency companies by US regulators and prosecutors over the past year … | Wall Street Journal: |
Sources: federal prosecutors are investigating Tether for possible violations of sanctions and anti-money-laundering rules; US Treasury is considering sanctions — Authorities looking at possible violations of anti-money-laundering and sanctions rules — The federal government …
More: Tether, Reuters, The Crypto Basic, Coinpedia Fintech News, CryptoPotato, Bloomberg, PYMNTS.com, CNBC, ZyCrypto, Cryptopolitan, DL News, NFTgators, Cointelegraph, Cryptonews, Bitcoin Insider, The Crypto Times, NewsBTC, CryptoGlobe, The Information, Fortune, Decrypt, crypto.news, Türkiye Today, Watcher Guru, CoinGape, CoinDesk, The Daily Hodl, and CryptoSlate
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| Alex Heath / The Verge: |
Sources: Google is aiming to release its Gemini 2.0 model in December; the model isn't showing the performance gains the Demis Hassabis-led team had hoped for — The AI race is heating up just in time for winter. — As my colleagues Kylie Robison and Tom Warren reported … | John Gruber / Daring Fireball: |
Estimated Vision Pro 2024 sales are only slightly less than the reported peak production capacity, implying sales are almost in line with Apple's expectations — Wayne Ma and Qianer Liu, reporting for The Information (paywalled, alas — here's Techmeme's roundup of summaries and regurgitations) …
| Christopher Yasiejko / Bloomberg Law: |
A US federal jury awards Apple $250, finding that Masimo's smartwatches infringed Apple Watch design patents; Apple sought statutory minimum damages — Apple Inc. v. Masimo Corp. (D. Del., 22-cv-1377) — Apple Inc. v. Masimo Corp. (D. Del., 22-cv-1378) — Search by Law Firm Search by Topic Search by Company
More: Engadget, 9to5Mac, Reuters, Tom's Guide, NewsBytes, ip fray, The Verge, and The Mac Observer
| Sean Hollister / The Verge: |
The US Copyright Office denies a request from video game preservationists to let libraries, archives, and museums lend games via remote access for study — When video game scholars want to study games that are no longer on sale, they sometimes have to drive hours to do it legally — and that won't be changing anytime soon.
More: Video Game History Foundation, Ars Technica, Public Knowledge, GamesRadar, Game Developer, Gizmodo, PC Gamer, IGN, Nintendo World Report Updates, and Blue's News
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| New York Times: |
Sources: Chinese hackers targeted data from phones of Trump and JD Vance, via a hack of Verizon systems; staff members of Harris' campaign were also targeted — The targeting of the Republican presidential ticket's phones is part of what appears to be a wide-ranging effort to gather information about American leaders.
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| Financial Times: |
Analysis: X is on track to fall well short of its goal of $100M in 2024 political ad revenue, raising just $15M to date, mainly from GOP and Trump campaigns — Social media platform has raised a fraction of $100mn target and mainly from Trump and Republicans| Connor Hart / Wall Street Journal: |
Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices — The e-commerce platform denied allegations that it made misstatements about its antitrust and exclusivity practices| David Morris / Bloomberg: |
Chinese self-driving company WeRide's shares closed up 6.8% at $16.55, giving it a market cap of ~$4.5B, after raising $440.5M in a US IPO and private placement — The Guangzhou-based company's ADS pared initial gains to close at $16.55 on Friday in New York, above the IPO price of $15.50 apiece.
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| Jordan Novet / CNBC: |
Filing: Satya Nadella was paid $79.1M during the FY ending June 30, up from $48.5M YoY; compensation was reduced by $5M+ due to Microsoft's security issues — WATCH NOW — Microsoft gave CEO Satya Nadella a pay raise for the 2024 fiscal year of more than $30 million.
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X: @jordannovet. Forums: Hacker News, r/nottheonion, r/Columbus, r/Seattle, r/kindafunny, and r/microsoft
| MK Manoylov / The Block: |
More: CoinDesk, CoinGape, The Daily Hodl, Bitcoin Insider, Techreport, CryptoGlobe, US Securities and Exchange Commission, Milk Road, Fortune, Quartz, Crypto Adventure, WinBuzzer, Inside Bitcoins, Blockonomi, Benzinga, Windows Central, crypto.news, The Crypto Times, Cryptonews, and Coinpedia Fintech News
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