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Sources: Humane is seeking a buyer for its business, after the rocky launch of its Ai Pin; a source says the startup is seeking a price between $750M and $1B (Bloomberg) 22-05-2024

Bloomberg: Sources: Humane is seeking a buyer for its business, after the rocky launch of its Ai Pin; a source says the startup is seeking a price between $750M and $1B  —  – Humane’s AI pin was billed as an alternative to smartphones  — AI hardware product received poor reviews after its launch Lees verder op Tech Meme

Paytm parent One 97 Communications reports a $66.1M net loss in Q4, up from $20.11M in Q4 2023, on $272.3M revenue, as it grapples with a regulatory clampdown (Manish Singh/TechCrunch) 22-05-2024

Manish Singh / TechCrunch: Paytm parent One 97 Communications reports a $66.1M net loss in Q4, up from $20.11M in Q4 2023, on $272.3M revenue, as it grapples with a regulatory clampdown  —  One 97 Communications, the parent company of India’s leading digital payments platform Paytm, warned of job cuts Wednesday … Lees verder op Tech Meme

An investigation into online ticketing service Eventbrite found 7.4K+ illicit listings, including illegal drug sales, some of which its algorithm recommended (Wired) 22-05-2024

Wired: An investigation into online ticketing service Eventbrite found 7.4K+ illicit listings, including illegal drug sales, some of which its algorithm recommended  —  A WIRED investigation found thousands of Eventbrite posts selling escort services and drugs like Xanax and oxycodone … Lees verder op Tech Meme

OpenAI's Scarlett Johansson debacle is merely a reminder of AI's manifest destiny philosophy: “This is happening, whether you like it or not”, consent be damned (Charlie Warzel/The Atlantic) 22-05-2024

Charlie Warzel / The Atlantic: OpenAI’s Scarlett Johansson debacle is merely a reminder of AI’s manifest destiny philosophy: “This is happening, whether you like it or not”, consent be damned  —  The Scarlett Johansson debacle is a microcosm of AI’s raw deal: It’s happening, and you can’t stop it. Lees verder op Tech Meme