California removes teeth from AI law without addressing tech’s core concerns
The law appears more corporate friendly, but the implications for consumers are a bit murkier. Go to Source
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Australian regulator claims 58% of crypto ads on Facebook are scams
Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s policies or involve scams. Go to Source
Half of the 10 most valuable companies on Earth are making metaverse hardware
The metaverse is dead, long live the metaverse. Go to Source
German quantum breakthrough highlights need for particle physicists in crypto
German quantum breakthrough highlights need for particle physicists in crypto Go to Source
Whatsapp Warns It May Leave Nigeria Over Order to Pay a $220 Million Fine
Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to comply with additional demands from Nigeria’s consumer protection agency. The social media platform argues that the Nigerian agency’s order compelling it to pay a $220 million fine contains multiple inaccuracies and misrepresents how the platform operates. The fine … Read more
Nvidia delays next gen AI chip as investors issue ‘bubble’ warning
After briefly breaking the $3 trillion market capitalization mark in June, things have taken a negative turn for the world’s most valuable chipmaker. Go to Source
Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem. Go to Source
Elon Musk accepts challenge to fight president of Venezuela
After ducking Mark Zuckerberg, Musk has now agreed to fight 61-year-old Nicolas Maduro on live TV. Go to Source
‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week
The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%. Go to Source
Citron crypto-skeptic Andrew Left to face fraud charges
The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges. Go to Source