Cryptocurrency exchange Binance has cut jobs just days after it was hit by a wave of executive exits, a source familiar with the matter told Reuters on Friday. The layoffs at the world’s biggest crypto exchange come at a time when the industry’s future in the US market is uncertain, with regulators aggressively clamping down on what they deem are illegal activities. …
Read More »Andrew Tate paid $20K under Twitter’s content creator plan
Self-proclaimed misogynist Andrew Tate said he was paid more than $20,000 in ad revenue under Elon Musk’s content-creator plan on Twitter — a day before he sued his accuser in a sex trafficking case that landed him in a Romanian jail. Tate — who has been under house arrest since March 31 and is still facing rape and human trafficking …
Read More »NBA, Apple have ‘Vision’ for how to watch games in the future
NBA Commissioner Adam Silver on Thursday said the league is working with Apple to bring a tech-enhanced viewing experience to its $3,499 Vision Pro virtual reality headset. During an exclusive chat with The Post at Allen & Co.’s annual “summer camp for billionaires,” the hoops honcho hinted that fast breaks and slam dunks could be part of a reimagined courtside …
Read More »‘American Psycho’-inspired app to nab table at hotspots sparks fear
A restaurant-booking app that allows both the well-heeled and the wannabe-seen to score a table at some of the most coveted restaurants comes with a high price – and plenty of derision, On The Money has learned. The membership-only Dorsia – named for the fictional restaurant in “American Psycho” that Patrick Bateman and his Wall Street bros salivate over – …
Read More »Twitter asks federal judge to terminate FTC settlement
Twitter wants a federal court to terminate a $150 million settlement with the Federal Trade Commission that was struck last year after Lina Khan’s agency accused the tech giant of violating user privacy. Khan appeared before Congress on Thursday when she was grilled about the FTC’s probe of Twitter. Twitter has claimed that it had been subjected to a “burdensome …
Read More »Dukaan CEO fires 90% of support staff in favor of AI chatbot
The CEO of an India-based e-commerce company said it was “absolutely” necessary to fire 90% of his customer support team because an artificial intelligence-backed chatbot outperformed them — slashing response times down to minutes that previously that had stretched beyond two hours. Suumit Shah, the 31-year-old founder and CEO of Bangalore-based startup Dukaan — which assists merchants in launching digital …
Read More »Lina Khan interrogated by GOP over Big Tech regulation
The chair of the Federal Trade Commission defended her aggressive legal strategy toward the country’s biggest technology companies Thursday as House Republicans charged that the agency has become overzealous and politicized under President Joe Biden. Republicans charged that Lina Khan is “harassing” Twitter since its acquisition by Elon Musk, arbitrarily suing large tech companies and declining to recuse herself from …
Read More »‘We’re all going to die’
A prominent Silicon Valley researcher is sounding the alarm over the rapid advancement of artificial intelligence, saying that the consequences for humans could be dire. “I think we’re not ready, I think we don’t know what we’re doing, and I think we’re all going to die,” AI theorist Eliezer Yudkowsky, who is viewed as particularly extreme by his tech peers, …
Read More »FTC opens probe into ChatGPT maker OpenAI
The U.S. Federal Trade Commission has opened an investigation into OpenAI, the maker of ChatGPT, on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, according to an FTC demand for information sent to the company. The move marks the strongest regulatory threat to the Microsoft-backed startup that kicked off the frenzy …
Read More »Chipotle rolls out new robot called Autocado to take on avocados
Chipotle is trying out a new worker that’s angling to prepare the chain’s famed avocado twice as fast as the current pace. The Mexican grill on Wednesday introduced Autocado, a robot that’ll be tasked with the arduous process of slicing, coring and peeling avocados before human hands then mash the fruit and add other ingredients. The new device can hold …
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