Meta confirms AI ‘off-switch’ incoming to Facebook, Instagram in Europe

August 22, 2023
Meta has confirmed that non-personalized content feeds are incoming on Facebook and Instagram in the European Union ahead of the August 25 deadline for compliance with the bloc’s rebooted digital rulebook, the Digital Services Act (DSA). Meta’s move follows a similar announcement by TikTok earlier this month. The DSA requires larger platforms and search engines […]

The Download: spying keyboard software, and why boring AI is best

August 22, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. How ubiquitous keyboard software puts hundreds of millions of Chinese users at risk For millions of Chinese people, the first software they download onto devices is always the same: a keyboard app. Yet…

Moniepoint cleared to acquire Kenyan fintech Kopo Kopo

August 22, 2023
The competition regulator in Kenya has given Moniepoint, the Nigerian fintech that provides business payments and banking platforms, the green light to acquire Kopo Kopo, a Kenyan-based company offering payments services and credit to businesses. Following the approval by Competition Authority of Kenya (CA), Moniepoint (formerly TeamApt) will expand its services to Kenya continuing its […]

Grip Security raises $41M to help enterprises manage their SaaS identity risk

August 22, 2023
Grip Security, which provides businesses with the tools to protect their SaaS applications and describes itself as the “industry’s first SaaS security control plane,” today announced that it has raised a $41 million Series B funding round led by Third Point Ventures. Previous investors YL Ventures, Intel Capital and The Syndicate Group also participated in […]

Cerby lands $17M to manage access to ‘nonstandard’ enterprise apps

August 22, 2023
Bel Lepe, a former Google software engineer, tells me that it always seemed risky to him that there were apps business users needed and used, but that IT and security teams were unwilling to approve them because of their lack of support for identity standards. It’s a legitimate issue. According to a Ponemon Institute survey, […]

Why we should all be rooting for boring AI

August 22, 2023
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. I’m back from a wholesome week off picking blueberries in a forest. So this story we published last week about the messy ethics of AI in warfare is just the antidote, bringing my…