Month: September 2021

Researcher discovers an AI-powered service that makes it incredibly easy for users to generate nonconsensual deepfake porn by uploading a picture of a face (Karen Hao/MIT Technology Review)

Karen Hao / MIT Technology Review: Researcher discovers an AI-powered service that makes it incredibly easy for users to generate nonconsensual deepfake porn by uploading a picture of a face  —  Deepfake researchers have long feared the day this would arrive.  —  The website is eye-catching for its simplicity.

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Christine Martinez files a suit against Pinterest claiming breach of implied contract, claiming she co-created Pinterest but was never compensated (Erin Griffith/New York Times)

Erin Griffith / New York Times: Christine Martinez files a suit against Pinterest claiming breach of implied contract, claiming she co-created Pinterest but was never compensated  —  In a lawsuit, a woman who said she had helped create Pinterest claimed the founders had agreed to compensate her but never did.

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Q&A with Brendan Schulman, former VP of policy at DJI and a leading global advocate for sensible drone regulations, as he takes up a new job at Boston Dynamics (Scott Simmie/DroneDJ)

Scott Simmie / DroneDJ: Q&A with Brendan Schulman, former VP of policy at DJI and a leading global advocate for sensible drone regulations, as he takes up a new job at Boston Dynamics  —  DroneDJ sat down with Brendan Schulman for an exclusive interview during the weekend.  The conversation took place between …

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LevaData, which develops AI powered analysis and prediction software for supply chain management, raises $47M Series C led by Banneker Partners (PYMNTS.com)

PYMNTS.com: LevaData, which develops AI powered analysis and prediction software for supply chain management, raises $47M Series C led by Banneker Partners  —  Supply management software company LevaData announced that it had closed a $47 million Series C funding round, according to a press release on Monday (Sept. 13).

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PassFort, a RegTech SaaS for KYC and AML, nets $16.2M

London-based PassFort, a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 million Series A led by US growth equity fund, Level Equity. The 2015-founded startup‘s existing investors OpenOcean, Episode 1 and Entrepreneur First also participated in the round. The Series

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South Korean antitrust regulator fines Google $177M for abusing market dominance

The Korea Fair Trade Commission (KFTC) said on Tuesday it fined Google $177 million for abusing its market dominance in its Android operating system (OS) market. The U.S. tech company has restricted market competition by prohibiting local smartphone makers like Samsung Electronics and LG Electronics from customizing their Android OS, through Google’s anti-fragmentation agreements (AFA),

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Workers for Cornershop, an online grocer that employs all of its delivery workers, say they fear deteriorating working conditions following Uber’s acquisition (Charis McGowan/Rest of World)

Charis McGowan / Rest of World: Workers for Cornershop, an online grocer that employs all of its delivery workers, say they fear deteriorating working conditions following Uber’s acquisition  —  Everything changed after Chilean unicorn Cornershop was bought by the American ride-hailing giant.  —  • SANTIAGO, CHILE

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Google found guilty of restricting Android forks in South Korea, fined $177 million

Illustration by Alex Castro / The Verge Google has been fined 207.4 billion won (around $177 million) in South Korea for abusing its dominant market position to stop device manufacturers from using modified versions of Android, Bloomberg reports. Specifically, the Korea Fair Trade Commission (KFTC) is taking issue with the anti-fragmentation agreements (AFA) Google has

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Political economist Neil Malholtra on why some in Silicon Valley turned on Gavin Newsom

Whether or not Democratic California Governor Gavin Newsom survives Tuesday’s recall election may depend to some degree on a small but vocal group of Silicon Valley power players who’ve thrown their weight behind the effort to oust him, including some who previously supported mostly Democratic politicians. To better understand what happened, we talked recently with

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India and Singapore to link their payments systems to enable ‘instant and low-cost’ cross-border transactions

India and Singapore are working to link their digital payments systems to enable “instant, low-cost fund transfers,” in a major push to disrupt cross-border transactions, the central banks of the two nations said on Tuesday. The project to link India’s Unified Payments Interface (UPI) and Singapore’s PayNow is targeted for operationalization by July 2022, Reserve

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Report: China and Russia are stepping up efforts to control or influence undersea internet cable routes, raising concerns of backdoors and traffic interception (Dina Temple-Raston/The Record)

Dina Temple-Raston / The Record: Report: China and Russia are stepping up efforts to control or influence undersea internet cable routes, raising concerns of backdoors and traffic interception  —  Authoritarian governments — particularly in Beijing and Moscow — are stepping up their efforts to buy or influence companies responsible …

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Car makers, who traditionally relied on parts vendors for chips, are establishing closer ties with chip makers, as shortages highlight their dependency on chips (Asa Fitch/Wall Street Journal)

Asa Fitch / Wall Street Journal: Car makers, who traditionally relied on parts vendors for chips, are establishing closer ties with chip makers, as shortages highlight their dependency on chips  —  As vehicles become more digital, the two industries talk about the benefits of cooperation: ‘We need you, and you need us.’

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Digital freight marketplace BridgeLinx raises $10 million in Pakistan’s largest seed funding

BridgeLinx, a 9-month-old Lahore-headquartered startup that operates a digital freight marketplace, said on Tuesday it has raised $10 million in what is the largest seed financing round in Pakistan. Harry Stebbings’ 20 VC, Josh Buckley’s Buckley Ventures and Indus Valley Capital co-led the startup’s financing round, which Salman Gul, co-founder and chief executive of BridgeLinx,

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