Policing the Metaverse Looms as a Challenge for Tech Firms

The metaverse is in its early days, but many are already concerned as they anticipate the content moderation problems that have bedeviled traditional social media increasing exponentially in virtual worlds. The confluence of realistic immersive environments, the anonymity of avatars and potential for deepfakes is enough to give anyone pause. Throw in machine learning that will make today’s ad targeting seem primitive and it’s an even more volatile mix. Experts agree, the very qualities that make the metaverse appealing — false facades and hyperreality — make it potentially more dangerous than the digital platforms of today. Continue reading Policing the Metaverse Looms as a Challenge for Tech Firms

Advances by OpenAI and DeepMind Boost AI Language Skills

Advances in language comprehension for artificial intelligence are issuing from San Francisco’s OpenAI and London-based DeepMind. OpenAI, which has been working on large language models, says it now lets customers fine-tune its GPT-3 models using their own custom data, while the Alphabet-owned DeepMind is talking-up Gopher, a 280-billion parameter deep-learning language model that has scored impressively on tests. Sophisticated language models have the ability to comprehend natural language, as well as predict and generate text, requirements for creating advanced AI systems that can dispense information and advice or that are required to follow instructions. Continue reading Advances by OpenAI and DeepMind Boost AI Language Skills

Major Security Vulnerability Triggers Worldwide Internet Crisis

The Log4j code vulnerability has the media declaring the Internet in a state of crisis. Log4j is a Java-based logging framework developers use to track user activity within applications on the popular Apache web server. Security experts are rushing to patch the bug, which is being exploited to remotely assume control of vulnerable systems, stealing credentials, installing malware and launching other attacks that permeate consumer devices. Last week, the U.S. Cybersecurity and Infrastructure Security Agency issued a Log4j alert, as did Australia’s CERT emergency response team. Continue reading Major Security Vulnerability Triggers Worldwide Internet Crisis

Discord Premium Helps Creators Monetize Within the Platform

Discord has begun testing a Premium Membership feature that lets creators monetize their communities by offering subscriptions. The program allows content providers to offer tiered-access, create subscription-only channels, or paywall entire communities (which Discord calls “servers”). “With Premium Memberships, creators and community owners will have the ability to gate part or all of their server behind a paid subscription,” the company says. Many Discord communities have been offering that sort of experience by integrating services like Patreon, Twitch and YouTube. With Premium Memberships they’ll be able to do it natively through Discord. Continue reading Discord Premium Helps Creators Monetize Within the Platform

Apple’s Next Major Product Could Involve Augmented Reality

Next year, Apple is expected to unveil a glasses-like wearable that will be its big follow-up to the iPhone. This headset is expected to offer layers of information, objects and data spread to augment reality. Although Apple has remained mum on its plans for smart glasses, CEO Tim Cook is not shy about referencing AR and its “critically important” role in the company’s future, in September describing himself to a YouTube influencer as “AR fan #1,” and in a separate interview calling augmented reality one of the “very few profound technologies.” Continue reading Apple’s Next Major Product Could Involve Augmented Reality

Court Lets Microsoft DCU Seize 42 Chinese Hacker Websites

The Microsoft Digital Crimes Unit has seized 42 websites from China-based hacking group Nickel, in attempt to thwart the group’s intelligence-gathering operations. A Virginia federal court granted Microsoft’s request to take over the U.S.-based websites run by Nickel, also known as APT15. Microsoft had since 2016 been tracking the group’s activities, determining them “highly sophisticated,” with attacks designed to install malware that facilitated surveillance and data theft attacks. Nickel was used to attack organizations in the United States and 28 other countries around the world, DCU says. Continue reading Court Lets Microsoft DCU Seize 42 Chinese Hacker Websites

Talk of Twitter Sale Brews with Square/Block Floated as Suitor

Even before Jack Dorsey tweeted his resignation as Twitter CEO — and announced that another company he co-founded and runs as CEO, Square, will on December 10 change its name to Block — there was speculation that Twitter will soon be purchased. The rumors have been fueled by a belief that Twitter has potential beyond its stagnant share price — $44.47 as of yesterday’s close, slightly less than $44.90 the day of its November 2013 IPO — evidenced in its strong branding and popularity with elites. Top tech exec Parag Agrawal’s ascent to CEO is the corporate equivalent of staging in real estate.  Continue reading Talk of Twitter Sale Brews with Square/Block Floated as Suitor

Apple Self Service Repair Shop Is Good News for Consumers

In what’s billed as a major triumph in the “right to repair” movement, Apple says it will begin selling the parts and tools to allow people to make their own iPhone repairs. The movement gained momentum in July when the FTC announced it would step up enforcement against tech firms that made gadget repairs difficult for consumers and small businesses. Microsoft, which along with Apple, Google and Amazon had lobbied against the FTC effort, in October announced it was joining Dell, HP and Motorola in getting a jump on “right to repair” legislation. Continue reading Apple Self Service Repair Shop Is Good News for Consumers

Chinese Committee Is Drafting Plans to Replace Foreign Tech

China is furthering its protectionist goals by accelerating a plan to replace non-native technology with local suppliers. Reports surfaced this week that Beijing’s Information Technology Application Innovation Working Committee (ITAIWC) will be vetting and approving everything from cloud services to semiconductors for sensitive sectors like banking and government data centers, a market projected to be worth $125 billion by 2025. The secretive, government-backed committee formed under Xi Jinping in 2016 will also have a decisive role in setting industry standards and training personnel to operate approved hardware and software. Continue reading Chinese Committee Is Drafting Plans to Replace Foreign Tech

Google Cloud Lands Exchange Giant CME in $1B Equity Deal

Google has purchased $1 billion of CME Group’s stock in a deal that will move the financial giant’s core trading systems to the Google Cloud. This 10-year partnership is all but guaranteed to boost Google Cloud’s bottom line, as well as improve its fourth-place market share. Google Finance calls Chicago-based CME “the world’s largest financial derivatives exchange,” trading in asset classes that span agricultural, currencies, energy, stock indexes, cryptocurrencies and more. However, the financial-services sector has lagged behind other industries when it comes to moving to the cloud, partly due to regulatory oversight and security concerns regarding client data. Continue reading Google Cloud Lands Exchange Giant CME in $1B Equity Deal

Corporate Migration to Metaverse Not Waiting for Zuckerberg

The metaverse, a virtual world where people embody avatars and live their lives online, was largely the purview of gamers and sci-fi movie fans until Facebook CEO Mark Zuckerberg made it part of the everyday lexicon, prompting a media assessment of how the metaverse is accessible now. Microsoft on Tuesday unveiled a new Mesh app for augmented reality and virtual reality experiences using various goggles, including its own HoloLens. E-commerce platform Shopify has launched a browser-based game, “Shopify Party,” that lets employees appear as avatars for team events. Other companies are also considering a future in the metaverse. Continue reading Corporate Migration to Metaverse Not Waiting for Zuckerberg

Biden Administration Orders Agencies to Repair Cyber Flaws

The Biden administration ordered federal agencies to patch roughly 300 cybersecurity vulnerabilities believed to expose government computer systems to potentially damaging intrusions. About 200 of the threats were discovered by cybersecurity experts between 2017 and 2020, while another 90 flaws were found in 2021. All are known to be used by malicious cyber actors, said Cybersecurity and Infrastructure Security Agency director Jen Easterly in a statement accompanying the directive. The agencies have been given two weeks to patch the 2021 threats and six months to fix the older defects. Continue reading Biden Administration Orders Agencies to Repair Cyber Flaws

Meta: Facebook Blasts Off for the Metaverse with New Name

Mark Zuckerberg, who co-founded Facebook in 2004 and is now its CEO and controlling shareholder, announced that the company has changed its name to Meta Platforms Inc. (doing business as Meta), reflecting its pursuit of growth opportunities in the VR and AR realms known as the metaverse. As of December 1, the company will trade as MVRS on the Nasdaq exchange, retiring the FB ticker symbol that took a long ride from a first-day close of $38.23 per share on May 18, 2012, to close at $316 on October 28, the day Zuckerberg announced the new name at the Facebook Connect developer’s conference. Continue reading Meta: Facebook Blasts Off for the Metaverse with New Name

Amazon Establishes Quantum Computing Facility at Caltech

Amazon has officially opened the AWS Center for Quantum Computing, a two-story building on the northeast corner of the Caltech campus in Pasadena that both the technology company and the university hope will transform the future of computing. Amazon announced in 2019 it was building the center to “bring together the world’s leading quantum computing researchers and engineers in order to accelerate development of quantum computing hardware and software.” The AWS CQC will be run by Oskar Painter and Fernando Brandao, physics professors on leave from Caltech to help Amazon establish the new facility. Continue reading Amazon Establishes Quantum Computing Facility at Caltech

Microsoft’s 22 Percent Q1 Growth Outperforms Expectations

Propelled by Azure cloud services, Microsoft reported $45.3 billion in revenue for its first quarter 2022, ending up 22 percent year-over-year for the period ending September 30. “We delivered a strong start to the fiscal year with our Microsoft Cloud generating $20.7 billion in revenue for the quarter, up 36 percent [YOY]”, Microsoft executive vice president and chief financial officer Amy Hood said regarding the announcement. Describing digital technology as “a deflationary force in an inflationary economy,” Microsoft chairman and CEO Satya Nadella opined that businesses, small and large, can improve productivity and affordability “by building tech intensity.” Continue reading Microsoft’s 22 Percent Q1 Growth Outperforms Expectations