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DOJ Seeks Perplexity Executive’s Testimony in Google Antitrust Case
In the ongoing legal battle between the U.S. Department of Justice (DOJ) and Google over its alleged search monopoly, the DOJ has filed a request to call Dmitry Shevelenko, chief business officer of Perplexity, a rapidly growing AI search platform valued at $9 billion. The DOJ aims to gather insights on how generative AI tools…
Read MoreWeTransfer Introduces Transfer Limits for Free Plan, Revamps Pricing Structure
WeTransfer has announced a significant change to its free plan, now restricting users to just 10 transfers per month. This new limitation is already in effect, as indicated on the company’s support page. However, alongside the new transfer cap, WeTransfer is adding several features to enhance the free plan. These include an increased file transfer…
Read MoreFelix Capital’s Julien Codorniou Joins 20VC as General Partner
Julien Codorniou is joining London-based VC firm 20VC as a general partner, after a long tenure at Felix Capital. Codorniou, who was a founding advisor at Felix Capital since 2015 and a partner from 2021, will focus on early-stage investments at 20VC. His move comes shortly after 20VC raised its third fund, securing $400 million,…
Read MoreYouTube to Crack Down on Clickbait Titles in India
YouTube announced on Wednesday that it will begin cracking down on misleading videos with clickbait titles and thumbnails in India, particularly those related to breaking news or current events. The company aims to reduce instances where videos use flashy, deceptive titles like “BREAKING NEWS” or “The president steps down” to lure users into clicking, only…
Read MoreSupreme Court to Hear TikTok’s Challenge Over Sell-or-Ban Law
The U.S. Supreme Court has agreed to hear arguments regarding a law that could force TikTok to either sell its operations or face a nationwide ban unless it separates from its Chinese ownership by January 19. The justices will hear the case on January 10, 2024, where they will assess whether the law violates the…
Read MoreHow the Ransomware Attack on Change Healthcare Unfolded: A Timeline
A ransomware attack on Change Healthcare, a health tech company owned by UnitedHealth, likely ranks as one of the largest breaches of U.S. health and medical data in history. Months after the attack, individuals across the U.S. are being notified by mail that their personal and health information was stolen. At least 100 million people…
Read MoreMicrosoft Purchased 500000 NVIDIA Chips
Microsoft has purchased nearly 500,000 Nvidia Hopper chips this year, more than double the number bought by its closest competitors. According to the Financial Times, which cited data from tech consultancy Omdia, Microsoft acquired 485,000 of Nvidia’s flagship Hopper chips in 2024. In comparison, Meta purchased 224,000 of the same chips. Microsoft’s purchase this year…
Read MoreGrammarly Acquires Coda, Appoints New CEO to Lead Expansion into Productivity Tools
Grammarly has announced its acquisition of productivity startup Coda, a move designed to transform its AI assistant into a full-fledged “AI productivity platform.” As part of the deal, Coda’s CEO and co-founder, Shishir Mehrotra, will take over as the new CEO of Grammarly, succeeding Rahul Roy-Chowdhury, who will transition to an advisory role. The financial…
Read MoreUK Privacy Class Action Against Google DeepMind Fails to Advance
A renewed attempt to pursue a class action-style privacy lawsuit against Google in the UK has been rejected. The Court of Appeal upheld a previous decision to dismiss the case, which involved the alleged misuse of health data from 1.6 million patients. The data was transferred to Google’s AI division, DeepMind, in 2015 as part…
Read MoreWhat Could Trump’s Election Mean for TikTok’s Ban?
As TikTok faces the looming threat of a federal ban, a potential Trump victory in the 2024 presidential election could offer a lifeline for the embattled platform. This marks a significant shift from Trump’s stance during his first presidency, when he led efforts to ban TikTok due to national security concerns, fearing that the Chinese…
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