Technology

Bill Gates isn’t too scared about AI

July 11, 2023
Bill Gates has joined the chorus of big names in tech who have weighed in on the question of risk around artificial intelligence. The TL;DR? He’s not too worried, we’ve been here before. The optimism is refreshing after weeks of doomsaying. The billionaire business magnate and philanthropist made his case in a post on his personal…

eBay acquires AI-powered product authentication company Certilogo

July 11, 2023

eBay announced today that it has closed its acquisition of Certilogo, a company that provides AI-powered apparel and fashion goods digital IDs and authentication. The financial terms of the deal were not disclosed. The Milan-based company will continue to be led by CEO Michele Casucci. Certilogo uses digital technology to help brands manage the lifecycle […]

eBay acquires AI-powered product authentication company Certilogo by Aisha Malik originally published on TechCrunch

The UN just set a net-zero goal for shipping. Here’s how that could work. 

July 11, 2023
Ships crisscrossing the world’s oceans are vital to our global economy—everything from the bananas on your countertop to the car in your driveway may have journeyed on one at some point.  But all that travel causes pollution: the global shipping industry is responsible for over a billion tons of greenhouse-gas emissions each year, about 3%…

Sapphire Ventures plans to invest over $1B in enterprise AI startups

July 11, 2023

VC firm Sapphire Ventures says that it plans to invest more than $1 billion in AI-related enterprise startups, demonstrating the strong appetite among investors for cutting-edge AI tech. Reuters reports that the $1 billion in capital will come from Sapphire’s existing funds, which have $10 billion under management and about $3 billion waiting to the […]

Sapphire Ventures plans to invest over $1B in enterprise AI startups by Kyle Wiggers originally published on TechCrunch

India deals a 28% tax blow to online gaming

July 11, 2023

India unveiled a significant tax increase on turnovers of online gaming companies on Tuesday evening in a major blow to the fast-growing industry that was quick to label the move as “unconstitutional.” The Goods and Services Tax Council, which comprises top federal and state finance ministers, said it had agreed to levy a 28% indirect […]

India deals a 28% tax blow to online gaming by Manish Singh originally published on TechCrunch

Banks, hotels and hospitals among latest MOVEit mass-hack victims

July 11, 2023

The MOVEit mass-hack has claimed yet more victims, including hotel chain Radisson, U.S.-based 1st Source Bank, real estate giant Jones Lang LaSalle, and Dutch GPS company TomTom. The Clop ransomware gang, which claimed responsibility for the mass data raids targeting corporate customers of Progress Software’s MOVEit file-transfer tool, has already claimed hundreds of victims — […]

Banks, hotels and hospitals among latest MOVEit mass-hack victims by Carly Page originally published on TechCrunch