The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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Daily Crunch: YouTube sets $249 starting price for NFL Sunday Ticket subscriptions by Christine Hall originally published on TechCrunch
Former Theranos CEO and convicted fraud Elizabeth Holmes is expected to go to prison on April 27 for a sentence of more than 11 years. After Holmes was found guilty on four fraud counts last year, her lawyers have made numerous attempts to delay her incarceration, like petitioning for a new trial. Now Judge Edward […]
Elizabeth Holmes is denied request to stay out of prison by Amanda Silberling originally published on TechCrunch
Hyundai Motor Group will invest 24 trillion won (~$18 billion) in South Korea’s electric vehicle industry through 2030, the company said Tuesday. The news comes a week after Kia, which falls under the Hyundai umbrella, announced its own 32 trillion won (~$24 billion) investment into electrification and future business areas. Hyundai’s investment plan was revealed […]
Hyundai Motor to invest $18B in South Korea’s EVs by 2030 by Rebecca Bellan originally published on TechCrunch
Twitter, Inc. is now called X Corp, according to a court filing in California. Since Twitter is no longer a public company, it does not have to report updates like name changes to the SEC. But in any case, the new name was spotted in an April 4 document related to far-right activist Laura Loomer’s […]
Twitter, Inc. is now X Corp by Amanda Silberling originally published on TechCrunch
Life comes at you fast. A couple of months ago I wrote how Smoakland was testing a loophole to sell cannabis by credit card. The test failed, apparently. “Upon further review, it has come to our attention that the way the process was described in the article could potentially be seen as bank fraud. As […]
Whoops, using crypto and cannabis don’t mix after all by Haje Jan Kamps originally published on TechCrunch
TikTok quietly launched “animated video stickers” for direct messages in February, the company confirmed to TechCrunch. Video stickers essentially work like GIFs and are an expansion of TikTok Stickers, which rolled out last December and allow users to create and upload their own custom images to be used in direct messages. Users can browse through […]
TikTok quietly launched a GIF-like ‘video stickers’ feature for direct messages by Aisha Malik originally published on TechCrunch
Chinese regulators have proposed restrictive rules around AI models like ChatGPT being built in the country, requiring user identification, security reviews, and prohibiting “any content that subverts state power, advocates the overthrow of the socialist system, incites splitting the country or undermines national unity.” The rules come hot on the heels of Chinese tech companies […]
Prohibition of AI that ‘subverts state power’ in China may chill its nascent industry by Devin Coldewey originally published on TechCrunch