The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.
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Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation
Mr. Singh, who was a top executive in Sam Bankman-Fried’s business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.
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Jeff Bezos, Elon Musk and the Billions of Ways to Influence an Election
The world’s richest men have their own rocket fleets, their own media and their own schemes to succeed with Donald J. Trump.
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Android Trojan that intercepts voice calls to banks just got more stealthy
Researchers have found new versions of a sophisticated Android financial-fraud Trojan that’s notable for its ability to intercept calls a victim tries to place to customer-support personnel of their banks. FakeCall first came to public attention in 2022, when researchers from security firm Kaspersky reported that the malicious app wasn’t your average banking Trojan. Besides containing...
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Dropbox lays off 20% of staff, says it overinvested and underperformed
Dropbox is laying off 528 employees in a move that will reduce its global workforce by 20 percent, CEO Drew Houston announced today. Houston wrote that Dropbox’s core file sync and sharing “business has matured, and we’ve been working to build our next phase of growth with products like Dash,” an “AI-powered universal search” product...
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Here’s the paper no one read before declaring the demise of modern cryptography
There’s little doubt that some of the most important pillars of modern cryptography will tumble spectacularly once quantum computing, now in its infancy, matures sufficiently. Some experts say that could be in the next couple decades. Others say it could take longer. No one knows. The uncertainty leaves a giant vacuum that can be filled...
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Google CEO says over 25% of new Google code is generated by AI
On Tuesday, Google’s CEO revealed that AI systems now generate more than a quarter of new code for its products, with human programmers overseeing the computer-generated contributions. The statement, made during Google’s Q3 2024 earnings call, shows how AI tools are already having a sizable impact on software development. “We’re also using AI internally to...
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Downey Jr. plans to fight AI re-creations from beyond the grave
Robert Downey Jr. has declared that he will sue any future Hollywood executives who try to re-create his likeness using AI digital replicas, as reported by Variety. His comments came during an appearance on the “On With Kara Swisher” podcast, where he discussed AI’s growing role in entertainment. “I intend to sue all future executives...
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Virginia NAACP responds to voter purge ahead of Election Day
As the 2024 presidential election approaches, the term “October Surprise” is taking on new meaning in Virginia. This phrase typically refers to unexpected political events that can sway election outcomes, and this year, it encapsulates the controversy surrounding the recent voter purge in the Commonwealth. The Virginia chapter of the NAACP is stepping up to...