Year: 2023

There is a trial of Sam Bankman-Fried

The lawyers of cryptocurrency exchange FTX, which went out of business in 2022, have sued its ex-CEO Adam Bankman-Fried’s parents, saying they should give back the millions of dollars they received from their child. “We’re seeking a return of…money we received from…[Bankman-Fried],” FTX lawyers said. Bankman-Fried is accused of lying to the SEC to help FTX file for bankruptcy.

FTC Chair Lina Khan’s lawsuit has nothing to do with breaking up Amazon

US’ Federal Trade Commission (FTC) filed a lawsuit against Amazon on Tuesday over its alleged anti-competitive practices, accusing it of using unfair and illegal tactics to retain its dominance. The FTC was run by Lina Khan, who has argued for the break-up of Amazon. “You can basically disappear from Amazon’s storefront if you put a lower price somewhere else,” Khan said.

More than 1,600 researchers weighed in on artificial intelligence and science

A survey by Nature found that nearly 40% of the scientists who studied Artificial Intelligence said that they used it directly. Those who use AI in other fields tended to be more worried by a lack of skilled scientists and training resources. The survey also revealed that 28% of those who studied AI said that they used generative AI products every day or more than once a week.

There is a place that you can place an order for Meta’s upcoming headset

Meta, the startup co-founded by Facebook CEO Mark Zuckerberg, has unveiled its third virtual reality headset, Quest 3. Meta CEO Mark Zuckerberg said the headset will have graphics performance double compared to Quest 2 and will be much better than the Quest Pro, which only runs a last-gen chip. It’ll be available in two variants, XR2 Gen 2 ($200) and XR2 Gen 2 ($250).

The Meta Quest 3 is more powerful and has the ability to make mixed reality a reality

Meta announced Quest 3, a gaming platform for the Quest 2 and other memory devices. It added that games like Assassin’s Creed Nexus, Roblox, Stranger’s Wrath 2 and Asgard are coming to the new device as well. A demo of Red Matter 2 showed the visual difference with a toggle between the Quest 3 and Quest 2 detail level.

Researchers need to tame artificial intelligence now that it will change science

The US National Artificial Intelligence Research Resource Task Force will be needed to build artificial intelligence (AI) tools for policy guidance. Advisers also need to be trained to avoid inappropriate over-reliance on AI systems, such as when drafting advice on emerging topics for which information is needed rapidly, researchers said. It’ll need to ensure availability of tools and scientific information to low-income countries.

The US is taking onAmazon in a case that could have a serious effect on the company

The US’ Federal Trade Commission (FTC) has filed a lawsuit against Amazon over the company’s alleged conduct in the domestic marketplace. The FTC had filed a lawsuit against Amazon in December 2015 alleging that it illegally gathered information from its Ring doorbell service. The FTC is also looking at Amazon’s activities in the e-commerce space and other areas.

Nothing has launched a timepiece or earbuds that are less than $120

The UK’s Nothing has announced that it will have a limited edition of the Power 65W GaN chargers from Chemical Mechanics (CMF) at its London-based store on September 30. The Power 65W GaN comes with two ports and one port and can charge Nothing’s Nothing Phone 2 in 25 minutes. Nothing’s London-based store will have the limited edition on September 30.

A case against Amazon could be a huge blow to the retail giant

US’ Federal Trade Commission (FTC) Chairman Lina Khan has said Amazon is a monopolist and it’s exploiting its monopolies in ways that leave shoppers and sellers paying more for worse service. Earlier this year, Amazon agreed to pay $5.8 million to settle an FTC lawsuit that accused Ring workers and hackers of illegally spying on customers.

There wasn’t a valid alternative, said Apple in court

The US Justice Department (DoJ) in its case against Google and DuckDuckGo accused them of using their dominant positions in search engine market to favour one platform over another. Google said that DuckDuckGo made a “quixotic” but fruitless effort to have its privacy-focused search engine implemented in browsers’ incognito mode and was stymied by the Google deals.