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23andMe confirms hackers stole ancestry data on 6.9 million users

December 4, 2023

On Friday, genetic testing company 23andMe announced that hackers accessed the personal data of 0.1% of customers, or about 14,000 individuals. The company also said that by accessing those accounts, hackers were also able to access “a significant number of files containing profile information about other users’ ancestry.” But 23andMe would not say how many […]

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AssemblyAI lands $50M to build and serve AI speech models

December 4, 2023

Companies are betting big on generative AI to gain a competitive edge. But adoption challenges remain. According to a recent survey from EY, a significant portion of businesses looking to embrace generative AI say that the field’s rapid progress — and the surge in vendors claiming to have AI expertise — is complicating their deployment […]

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Tesla’s cheapest vehicle is losing half its tax credit next year

December 4, 2023

Tesla’s lowest-priced vehicle, the rear-wheel drive Model 3, won’t be eligible for the full $7,500 federal tax credit as of next year.  Tesla started warning buyers (and window shoppers) on Monday that the Inflation Reduction Act credit for its cheapest Model 3, as well as the long range variant, will drop to $3,750 for deliveries […]

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Twilio lays off another 5% of employees following activist pressure

December 4, 2023

Just a few hours after Spotify announced a large round of layoffs, Twilio is also announcing hundreds of job cuts. Around 5% of the company’s workforce will be impacted. Today’s news proves that we’re not done with tech layoffs. And this isn’t even Twilio’s first round of layoffs as the company cut around 11% of […]

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Threads downloads return to growth as X adds Walmart to its advertiser exodus

December 4, 2023

Recent efforts by Meta to grow Threads’ install base have been working. According to a new analysis of app store trends, Instagram Threads is now outpacing X, formerly Twitter, at least in terms of new downloads. App intelligence firm Apptopia indicates that, although Threads’ daily downloads had been declining since September, things have shifted in […]

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