EU grills Elon Musk’s X about content moderation and deepfake risks

May 8, 2024

The European Union has deepened the investigation of Elon Musk-owned social network X it opened back in December, under the bloc’s online governance and content moderation rulebook: the Digital Services Act (DSA). Confirmed breaches of the regime could be expensive for Musk as enforcers are empowered to issue fines of up to 6% of global […]

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Atlan scores $105M for its data control plane, as LLMs boost importance of data

May 8, 2024

For the founders of Atlan, a data governance startup, data has always been at the heart of what they do, even before they launched the company. In fact, co-founders Prukalpa Sankar and Varun Banka got their start building India’s national data platform called SocialCops. So it probably shouldn’t come as a surprise that they have […]

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Xona Space Systems closes $19M Series A to build out ultra-accurate GPS alternative

May 8, 2024

For decades, the Global Positioning System (GPS) has maintained a de facto monopoly on positioning, navigation and timing, because it’s cheap and already integrated into billions of devices around the world. But Xona Space Systems thinks a more accurate system will be necessary to scale autonomous vehicles (AVs), advanced robotics and other technologies for the […]

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China has a flourishing market for deepfakes that clone the dead

May 8, 2024
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. If you could talk again to someone you love who has passed away, would you? For a long time, this has been a hypothetical question. No longer.  Deepfake technologies have evolved to…

FTX crypto fraud victims to get their money back — plus interest

May 8, 2024

Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago, say that the vast majority of victims will receive their money back — plus interest. The news comes six months after FTX co-founder and former CEO Sam Bankman-Fried (SBF) was found guilty on seven counts related to fraud, conspiracy, […]

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Google Wallet is now available in India

May 8, 2024

Google Wallet has debuted in India as the company’s digital wallet for non-payment use cases — two years after it was launched in the U.S.

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