Amid an ongoing regulatory battle with European privacy authorities, Meta announced on Thursday that its AI-powered virtual assistant, Meta AI, is finally launching in the European Union. The chatbot-like tool will be rolled out across Metaβs portfolio of social platforms, albeit with a more limited feature set compared to what it offers in its domestic [β¦]
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A Swedish startup aiming to build a hyperscale cloud company in Europe has raised β¬50.6 million ($55 million) in Series A funding. Evroc, as itβs called, says itβs laying the foundations for a βsecure, sovereign and sustainable hyperscale cloud to reimagine the digital future of Europe.β The announcement comes amid growing calls to create a [β¦]
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Nearly 10 years after filing to go public on the New York Stock Exchange (NYSE) and Toronto Stock Exchange, Canadian e-commerce platform Shopify has announced that itβs transitioning its U.S. listing to the Nasdaq. In a filing with the Securities and Exchange Commission (SEC) on Wednesday, Shopify said it is removing its Class A shares [β¦]
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Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. The Chicago-based startup says its valuation has now quadrupled since its Series B round two years ago, and is now firmly in unicorn territory β though the company wouldnβt reveal [β¦]
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Text messages sent between iPhones and Android devices will soon benefit from end-to-end encryption (E2EE), after the GSM Association (GSMA) yesterday published new specifications for the Rich Communication Services (RCS) protocol that include support for cross-platform E2EE. RCS is a long-standing effort to enable SMS-style cross-platform communications with richer features, such as group messaging, typing [β¦]
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Huawei is at the center of a fresh scandal in Europe, following reports that lobbyists representing the Chinese tech titan bribed members of the European Parliament (MEPs) to curry favor with lawmakers. After being cast out of the U.S. market over fears that its telecommunications equipment could be infiltrated by the Chinese government for nefarious [β¦]
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Ditto, a company thatβs setting out to bring βresilientβ connectivity to edge devices, has raised $82 million in a Series B round of funding at a post-money valuation of $462 million, more than double its Series A valuation from 2023. βEdge,β in the context of Dittoβs industry, refers to a distributed computing model that brings [β¦]
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Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance and real estate holding firm that owns various brands, including Rocket Mortgage, Rocket Money (formerly Truebill), and Rocket Loans. The combined entity will essentially pool the two [β¦]
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The downsides of doomscrolling and screen addiction are well documented, but while many of us would like to spend less time glued to a smartphone, itβs easier said than done. Much has been written about the so-called dumbphone revival, where individuals regain some respite from pings and push notifications by downgrading to a basic feature [β¦]
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Two trailblazing computer scientists have won the 2024 Turing Award for their work in reinforcement learning, a discipline in which machines learn through a reward-based trial-and-error approach that lets them adapt within constrained or dynamic environments. Andrew G. Barto, a professor emeritus at the University of Massachusetts Amherst; and Richard S. Sutton, a professor at [β¦]
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Hereβs a blast from the past: Digg, one of the webβs early news aggregators, is now back under the ownership of its original founder Kevin Rose. Notably, heβs being joined as co-owner by Reddit co-founder Alexis Ohanian (both pictured above). Digg and Reddit were once fierce rivals in the online social news aggregation space, launching [β¦]
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The U.K.βs privacy watchdog has launched investigations into three social media companies over how they go about protecting the privacy of children on their respective platforms. The Information Commissionerβs Office (ICO) announced today that itβs looking into how TikTok uses personal information of 13- to 17-year-olds to recommend videos, βin light of growing concernsβ around [β¦]
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The software supply chain is notoriously porous: A reported 81% of codebases contain high- or critical-risk open source vulnerabilities. A single vulnerability can have a far-reaching impact on the wider software supply chain, as evidenced by the likes of the Log4Shell exploit that saw millions of applications exposed to potential remote code execution hacks via [β¦]
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