Camomile Shumba / CoinDesk: The UK FCA plans to introduce tough crypto advertising rules, classifying crypto as “restricted mass market investments”, banning incentives to invest, and more  —  The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions. Lees verder op Tech Meme

Isaiah Poritz / Bloomberg Law: A radio host files a defamation lawsuit against OpenAI over ChatGPT’s hallucination, alleging it generated a false legal complaint accusing him of embezzlement  —  OpenAI LLC is facing a defamation lawsuit from a Georgia radio host who claimed the viral artificial intelligence program ChatGPT generated … Lees verder op Tech Meme

Will Douglas Heaven / MIT Technology Review: DeepMind’s AlphaDev, an AI for discovering enhanced algorithms, devised new C++ sorting algorithms that are up to 70% faster and have been added to the language  —  The AI-generated algorithms are already being used by millions of developers.  —  DeepMind’s run of discoveries in fundamental computer science continues. Lees verder op Tech Meme

Colin Wilhelm / The Block: Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by Changpeng Zhao between 2019 and 2021  —  The Securities and Exchange Commission has accused Binance and Binance.US of redirecting over $12 billion in customer assets … Lees verder op Tech Meme

Wall Street Journal: A survey of 472 corporate board directors ahead of the SEC’s cyber-risk regulations: 76% have at least one expert, 62% say risk awareness is improving, and more  —  Board expertise depends very much on the industry and the company size  —  Are boards of directors capable of cybersecurity oversight? Lees verder op Tech Meme

Anton Shilov / Tom’s Hardware: SK Hynix says it has started mass producing its 238-layer 3D NAND flash memory chips, promising speeds of 2400MT/s, up from last gen’s 176 layers and 1600MT/s  —  The new memory promises speeds of up to 2,400 MT/s.  —  SK hynix said late on Wednesday that it had begun mass production of its 238-layer … Lees verder op Tech Meme

Bloomberg: Sources: TikTok is aiming for a global e-commerce GMV of $20B in 2023, up from $4.4B in 2022, after rapid growth of its e-commerce business in Southeast Asia  —  ByteDance Ltd.’s TikTok aims to more than quadruple the size of its global e-commerce business to as much as $20 billion … Lees verder op Tech Meme