Italian technology firm Bending Spoons has emerged as an unconventional private equity player, acquiring struggling tech companies and dramatically restructuring them for profitability, most notably with its purchase of note-taking app Evernote. The Milan-based company, valued at $2.6 billion, has acquired six companies since 2022, including WeTransfer and Meetup's assets. CEO Luca Ferrari has told investors the company could deploy up to $2 billion for future acquisitions. Bending Spoons typically... Read more ›
0
There's finally an "official" definition of open source AI. The Open Source Initiative (OSI), a long-running institution aiming to define and "steward" all things open source, today released version 1.0 of its Open Source AI Definition (OSAID). TechCrunch: The product of several years of collaboration with academia and industry, the OSAID is intended to offer a standard by which anyone can determine whether AI is open source -- or not.... Read more ›
0
England and Wales have recorded their lowest birth rate since records began in 1938, with women having an average of 1.44 children in 2023, official data showed on Monday. The figure falls well below the 2.1 children per woman needed to maintain a stable population without migration in developed nations, the Office for National Statistics reported. The rate has declined steadily since 2010. The steepest drops occurred among women under... Read more ›
10
An anonymous reader shares a report: As Meta tries to keep up with OpenAI in developing AI, the Facebook owner is working on a search engine [non-paywalled link] that crawls the web to provide conversational answers about current events to people using its Meta AI chatbot. In doing so, Meta hopes to lower its reliance on Google Search and Microsoft's Bing, which currently provide information about news, sports and stocks... Read more ›
2
Apple has updated the iMac lineup with an M4 chip. The new iMac, announced this morning, includes an M4 chip with an 8-core CPU and up to a 10-core GPU. The entry-level model costs $1,299 with two Thunderbolt USB-C 4 ports, while the higher-end models start at $1,499 and have four ports. The Verge: It's also bundled with accessories that now use USB-C charging ports instead of Lightning. Like the... Read more ›
1
AmiMoJo shares a report: Tech behemoth OpenAI has touted its artificial intelligence-powered transcription tool Whisper as having near "human level robustness and accuracy." But Whisper has a major flaw: It is prone to making up chunks of text or even entire sentences, according to interviews with more than a dozen software engineers, developers and academic researchers. Those experts said some of the invented text -- known in the industry as... Read more ›
9
Banks and regulators are warning that QR code phishing scams -- also known as "quishing" -- are slipping through corporate cyber defences and increasingly tricking customers into giving up their financial details. From a report: Lenders including Santander, HSBC, and TSB have joined the UK National Cyber Security Centre and US Federal Trade Commission among others to raise concerns about a rise in fraudulent QR codes being deployed for sophisticated... Read more ›
54
Indonesia has banned sales of Apple's iPhone 16, citing the tech giant's failure to meet local investment requirements, the country's Ministry of Industry said. The ministry said Apple's local unit has not fulfilled the mandatory 40% local content threshold for smartphones, making imported iPhone 16 units illegal for sale in Southeast Asia's largest economy. About 9,000 iPhone 16 devices have entered Indonesia through passenger luggage since last month's launch. "These... Read more ›
0
An anonymous reader shared this report from the blog OMG Ubuntu: Having recently announced is own range of Raspberry Pi-branded SD cards (with support for command queuing on the Pi 5 and reliable read/write speeds) the company is now offering its own range of branded Raspberry Pi SSDs... And for those who don't have an M.2 expansion board? Well, that's where the new Raspberry Pi SSD Kit comes in. It... Read more ›
21
When SpaceX developed reusable boosters for its Falcon rockets, it helped cut costs of launches. Now the Wall Street Journal reports that last week's first-time catch of "its huge Starship booster" could "extend SpaceX's cost advantages, especially in launches to low-Earth orbit, where SpaceX and others operate satellites." A fully and rapidly reusable Starship would push down SpaceX's costs by limiting the need to crank out new hardware and cutting... Read more ›
3
An anonymous reader shared this report from the Verge: Ever wondered why some of your Instagram videos tend to look blurry, while others are crisp and sharp? It's because, on Instagram, the quality of your video apparently depends on how many views it's getting. Here's part of Mosseri's explanation, from the video, which was reposted by a Threads user today. "In general, we want to show the highest-quality video we... Read more ›
35
Communications of the ACM checks in on the quest for room-temperature superconductivity. "Time and time again, physicists have announced breakthroughs that were later found to be irreproducible, in error, or even fraudulent." But "The issue is once again simmering..." In January 2024, a group of researchers from Europe and South America announced they had achieved a milestone in room-temperature ambient-pressure superconductivity. Using Scotch-taped cleaved pyrolytic graphite with surface wrinkles, whic Read more ›
2
When it comes to introducing liability for software products, "the EU and U.S. are taking very different approaches," according to Lawfare's cybersecurity newsletter. "While the U.S. kicks the can down the road, the EU is rolling a hand grenade down it to see what happens." Under the status quo, the software industry is extensively protected from liability for defects or issues, and this results in systemic underinvestment in product security.... Read more ›
0
"Friction between bosses and their employees over the terms of their return shows no signs of abating," reports the Los Angeles Times. But there's one big loophole... About 80% of organizations have put in place return-to-office policies, but in a sign that many managers are reluctant to clamp down on the flexibility employees have become accustomed to, only 17% of those organizations actively enforce their policies, according to recent research... Read more ›
13
Boeing received an email from the chief pilot at Ethiopian Airlines on December 1, 2018 with several questions, reports the New York Times (alternate URL here). "in essence the pilot was asking for direction. If we see a series of warnings on the new 737 Max, he posed, what do we do?" What ensued was an email conversation among a number of Boeing senior officials about whether they could answer... Read more ›
47
A writer for the New York Times editorial board argues we don't yet fully understand the impact of warehouses. "Thanks to the rise of online shopping and the proximity to so many American doorsteps, warehouses have become a major source of blue-collar employment," both in Bethlehem, Pennsylvania and beyond. "In Pennsylvania's Lehigh Valley, more than 19,000 people work in the warehouses that prepare our packages. Thousands more drive the trucks... Read more ›
0
"In the early hours of Thursday, March 23, 2023, residents in the German town of Kronberg were woken from their sleep by several explosions," reports CNN . "Criminals had blown up an ATM located below a block of flats in the town center..." According to local media reports, witnesses saw people dressed in dark clothing fleeing in a black car towards a nearby highway. During the heist, thieves stole 130,000... Read more ›
0
In Iceland, "a volcanic system has awoken after an 800-year slumber," according to a multimedia CNN Special Report. "But in another part of Iceland, scientists and engineers are hoping to harness magma's immense power to solve the planet's biggest problem..." It all started in 2009 when Bjarni Pálsson, an engineer with Iceland's national power company, accidentally drilled into a magma chamber. "Armed with new technology and know-how, he is going... Read more ›
63
SpaceNews reports: SpaceX's Super Heavy booster came within a second of aborting a "catch" landing attempt on the latest Starship test flight, according to audio posted online, apparently inadvertently, by Elon Musk... In the audio, one person, not identified, described an issue with the Super Heavy landing burn where a "misconfigured" parameter meant that spin pressure, presuming in the Raptor engines in the booster, did not increase as expected. "We... Read more ›
81
This week Google-backed Anthropic announced its upgraded AI model Claude 3.5 Sonnet could "perform tasks like navigating web browsers, filling forms, and manipulating data." Now Google plans something similar for Chrome, reports 9to5Linux.com: According to The Information, Google is "developing artificial intelligence that takes over a person's web browser to complete tasks such as gathering research, purchasing a product or booking a flight." "Project Jarvis" — in a nod to... Read more ›
20
Most popular sources
Business Insider
|
34% 17 |
Mashable
|
12% 11 |
Gizmodo
|
7% 3 |
Tom's Hardware
|
6% 1 |
Eurogamer.net
|
5% 4 |
| View sources » | |
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24.11.2024 14:36
Last update: 14:20 EDT.
News rating updated: 21:31.
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