By Brian Fung, CNN The Securities and Exchange Commission has reached a $30 million settlement with the cryptocurrency platform Kraken that will force it to unwind a program offering investment returns to US users who committed their digital assets to the company. That practice, known as “staking,” reflected an unregistered offer and sale of securities,
Continue ReadingCNN By Brian Fung, CNN The Securities and Exchange Commission has reached a $30 million settlement with the cryptocurrency platform Kraken that will force it to unwind a program offering investment returns to US users who committed their digital assets to the company. That practice, known as “staking,” reflected an unregistered offer and sale of
Continue ReadingBy Catherine Thorbecke, CNN Yahoo said Thursday that it will cut 20% of its total workforce by the end of this year as it restructures its advertising unit, just the latest example of the layoffs spreading throughout the tech and media industries. A Yahoo spokesperson told CNN that the company’s legacy ad tech division, Yahoo
Continue ReadingBy Brian Fung, CNN For years, Twitter, like other social media platforms, has freely given its platform data to independent researchers so that they can analyze everything from online trolling to the spread of misinformation. Those studies have been critical to understanding the tactics used by scammers, foreign influence campaigns and other malicious actors trying
Continue ReadingBy Donie O’Sullivan, CNN Donald Trump’s Facebook and Instagram accounts were restored on Thursday, allowing the former president to once again post on the social media platforms, a Meta spokesperson confirmed to CNN. As of Thursday afternoon, Trump had not yet resumed posting on the accounts. Trump’s reinstatement comes weeks after Facebook’s landmark announcement that
Continue ReadingCNN By Vanessa Yurkevich, CNN The world of Harry Potter is getting new life. Hogwarts Legacy — the new open-world video game by Avalanche and Warner Bros. Discovery, CNN’s parent company, will be released Friday, to much anticipation. The single-player game has been five years in the making — experts put its budget at $150
Continue ReadingBy Vanessa Yurkevich, CNN The world of Harry Potter is getting new life. Hogwarts Legacy — the new open-world video game by Avalanche and Warner Bros. Discovery, CNN’s parent company, will be released Friday, to much anticipation. The single-player game has been five years in the making — experts put its budget at $150 million.
Continue ReadingBy Michelle Toh, CNN Alibaba says it will launch its own ChatGPT-style tool, becoming the latest tech giant to jump on the chatbot bandwagon. The Chinese behemoth said it was testing an artificial intelligence-powered chatbot internally. It did not share details of when it would launch or what the application would be called. “Frontier innovations
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A new artificial intelligence chatbot has been growing fast and sparking competition, but with the rising popularity of ChatGPT comes several concerns, one about student cheating.
Continue ReadingBy Clare Duffy, CNN Business Twitter users on Wednesday briefly encountered various issues with the platform, including the inability to tweet, send direct messages or follow new accounts. Some users trying to send new tweets received a pop-up saying they had reached the “daily limit” for sending tweets; for others, it simply said, “we’re sorry,
Continue ReadingBy Catherine Thorbecke, CNN Google’s much-hyped new AI chatbot tool Bard, which has yet to be released to the public, is already being called out for an inaccurate response it produced in a demo this week. In the demo, which was posted by Google on Twitter, a user asks Bard: “What new discoveries from the
Continue ReadingBy Brian Fung, CNN Access to Twitter has been restored in Turkey, according to internet monitoring company Netblocks. “The restoration comes after authorities held a meeting with Twitter to ‘remind Twitter of its obligations’ on content takedowns and disinformation, ” the firm tweeted. Earlier on Wednesday, NetBlocks said traffic filtering had been applied at the
Continue ReadingCNN By Brian Fung, CNN Access to Twitter has been restored in Turkey, according to internet monitoring company Netblocks. “The restoration comes after authorities held a meeting with Twitter to ‘remind Twitter of its obligations’ on content takedowns and disinformation, ” the firm tweeted. Earlier on Wednesday, NetBlocks said traffic filtering had been applied at
Continue ReadingBy Brian Fung, CNN Microsoft’s $69 billion purchase of Activision Blizzard could harm competition by letting Microsoft restrict Activision’s video games to proprietary platforms such as Xbox, UK officials said Wednesday, in the latest challenge to the tech giant’s blockbuster acquisition. The UK’s competition regulator said the proposed deal, which would make Microsoft the world’s
Continue ReadingBy Clare Duffy, CNN Business Microsoft’s Bing search engine has never made much of a dent in Google’s dominance in the more than 13 years since it launched. Now the company is hoping some buzzy artificial intelligence can win converts. Microsoft on Tuesday announced an updated version of Bing designed to combine the fun and
Continue ReadingCNN By Catherine Thorbecke, CNN Google on Wednesday detailed plans to use artificial intelligence technology to radically change how people search for information online, one day after rival Microsoft announced a revamped version of Bing powered by AI. At an event in its Paris office, Prabhakar Raghavan, an SVP at Google, said the company will
Continue ReadingBy Catherine Thorbecke, CNN Google on Wednesday detailed plans to use artificial intelligence technology to radically change how people search for information online, one day after rival Microsoft announced a revamped version of Bing powered by AI. At an event in its Paris office, Prabhakar Raghavan, an SVP at Google, said the company will bring
Continue ReadingBy Clare Duffy, CNN Microsoft on Tuesday announced a revamp of its Bing search engine and Edge web browser powered by artificial intelligence, weeks after it confirmed plans to invest billions in OpenAI, the company behind ChatGPT. With the updates, Bing will not only provide a list of search results, but will also answer questions,
Continue ReadingBy Catherine Thorbecke, CNN Zoom on Tuesday said it will lay off about 1,300 employees, or approximately 15% of its staff, becoming the latest tech company to announce significant job cuts as a pandemic-fueled surge in demand for digital services wanes. In a memo to employees, Zoom’s CEO Eric Yuan said the layoffs would impact
Continue ReadingBy Brian Fung, CNN Twitter temporarily suspended Montana Republican Sen. Steve Daines’s account for violations of the company’s sensitive media policy. For several hours on Tuesday, Daines’ Twitter profile displayed messages indicating the account was “temporarily unavailable because it violates the Twitter Media Policy.” According to an aide to the senator, Daines’ account was suspended
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