To help journalists covering the business technology industry stay on top of the week’s most important and popular releases, here’s a list of stories from the week that shouldn’t be missed. There are new uses for artificial intelligence in content creation and money Tech News laundering prevention in this week’s technology industry press releases. A group of employees have filed a lawsuit against the social media company, accusing it of breaching its promise to pay out bonuses.
He pointed out the importance of closely monitoring various artificial intelligence technologies. National security was the top priority according to the president. Artificial intelligence isn’t advanced enough to justify fears that it will destroy humanity and that focusing on doomsday scenarios is only a distraction from issues like algorithmic bias, racism and the risk of rampant misinformation. To generate revenue, Openai is giving companies access to the application programming interface needed to create their own applications that make use of its artificial intelligence models. The company is selling a premium version of its chatbot.
The hackers have posted on a dark web leak site the BlackCat ransomware gang and have allegedly stolen 80 gigabytes of compressed data from a data breach that happened in February. The production systems were not compromised and no user passwords, accounts or credit card information was impacted. Realme is facing a probe by the central government over the alleged collection of the private data of its users. There was a bug in the Privacy Dashboard that caused the messaging app to access the device’s microphone, and it has been fixed.
The board said on Thursday that Meta’s original decision to leave up the Facebook video, which featured a Brazilian general calling people to “hit the streets,” raised concerns about the effectiveness of the company’s election integrity efforts. Facebook has recently seen a significant volume of undesirable content relating to race, royalty, religion, defamation, impersonation, online gambling and scam advertisements, the Malaysian Communications and Multimedia Commission said in a statement. The US welcomed India as the newest partner of the Minerals Security Partnership (MSP), established to accelerate the development of diverse and sustainable critical energy minerals supply chains globally through targeted financial and diplomatic support of strategic projects along the value chain. To support the US-India Initiative on Critical and Emerging Technology (iCET), the US-India Commercial Dialogue will launch a new “Innovation Handshake” to connect each country’s start-up ecosystems. India and US launched public-private Joint Task Forces, one on the development and deployment of Open Radio Access Networks (RAN) — a new approach to building the mobile networks that are needed to connect smartphones and devices to the internet and other users — and one on advanced telecoms research and development. India’s Bharat 6G and the US Next G Alliance will co-lead this public-private research.
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Multiple leaks and rumours suggest that Samsung Galaxy Watch 6 series may be officially unveiled next month at the Galaxy Unpacked event alongside the next-gen Galaxy Z Fold smartphone. According to a report by Dealabs Magazine, the prices of the Galaxy Watch 6 series have been leaked in France. The EU is currently in the middle of bringing in the AI Act, which is a rigorous set of rules intended to protect citizens from the ongoing advancements of AI. According to a report by Time, OpenAI has been lobbying the EU to reduce particular sections of the AI Act before it becomes a law. Some reports suggest that the upcoming iPhone SE’s hardware has gone through a lot of changes (6.1-in OLED panel instead of LCD, different chassis). The iPhone SE 4’s tentative release date was earlier pushed back from 2023 to 2024, and now, it may be released in 2025.
Crunchbase News editors select interesting roles to feature based on Crunchbase’s Actively Hiring and funding filters. We looked for companies that are tagged as Actively Hiring — meaning they have multiple open roles listed — within Crunchbase, and have recently raised new funding. The new hire will also play a central role in crafting and defining data architecture, get training and hands-on experience on the latest tools and technologies such as AWS, Apache Spark and K8s, and contribute to the development of streaming data pipelines. Day-to-day you will deliver the coding, testing and deployment of data processes, contribute towards the architecture and design patterns to process and store high-volume data sets and support the implementation of ways to improve working processes within the area of data engineering responsibility through data analysis.
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Communication service providers across the globe are investing in 5G technology despite some challenges. India saw a significant increase in the number of 5G connections by the end of the previous year, according to a recent report. The country will be the fastest growing 5G region in the world by the end of the year, according to a report. During a meeting held in San Francisco, California, on June 20, President Joe Biden shared his perspective on artificial intelligence and the risks around it.
Climate change, trade and regional security were some of the topics discussed by PM Modi with US President Joe Biden. Several important agreements and partnerships were announced during the visit. He said that the visit serves as a significant milestone in furthering the strategic partnership between India and the United States. At a time when the dangers of artificial intelligence are being discussed and how it might make certain jobs obsolete, human resource professionals are using OpenAI’s chatbot to do almost everything at work.
Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in depth features and a host of resources and services. The surge in 5G subscriptions is not limited to India alone. The report highlights the continued growth of global mobile network data traffic, with average monthly usage per smartphone expected to surpass 20 gigabytes by the end of the year. The number of 4G subscriptions is expected to decline from 800 million in 2022 to 500 million in 2028. The study predicts that 5G subscriptions in India will reach 700 million by the end of the decade.
As such, data scientists with the necessary skills and experience are in high demand as companies vie for top talent. According to McKinsey, 32% of companies are adapting their longer-term strategies to reflect and respond to changes brought about by data and analytics. Conversely, the World Economic Forum (WEF) predicts that by 2025, 97 million new jobs will have been created thanks to AI. “We are encouraged by the increasing recognition of the need for legal action to ensure just compensation, both in Canada and abroad, and hope to see the United States follow suit,” Coffey said. A spokesperson Google said on Thursday that the bill remains “unworkable” and that the company was urgently seeking to work with the government “on a path forward.”
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