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 – …
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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 …
Read More »Model Lisa Opie uses AI to create Glamour Bulgaria Barbie-inspired cover
She’s a Barbie girl, in the Barbie world — kind of. A model used artificial intelligence to create, for the first time ever, an entire magazine cover shoot — in just 20 minutes. Lisa Opie, 32, a former Miss Virgin Islands from Miami, appears on the August cover of Glamour Bulgaria looking like a futuristic Barbie, just the look she …
Read More »NASA’s James Webb Space Telescope shows star birth in new image
It’s the first anniversary of cosmic observations and photographs from the James Webb Space Telescope, and NASA is celebrating by releasing one of its best shots yet. A new image shows a colorful close-up of a dozen stars at the moment of birth. “On its first anniversary, the James Webb Space Telescope has already delivered upon its promise to unfold …
Read More »Fired Twitter workers demand Elon Musk pay $500M in severance
Twitter on Wednesday was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were laid off after Elon Musk acquired the company. Courtney McMillian, who oversaw Twitter’s employee benefits programs as its “head of total rewards” before she was laid off in January, filed the proposed class action in …
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