At SIGGRAPH 2024, a fireside chat between Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg took unexpected turns. Initially focused on Nvidia GPUs and Zuckerberg’s vision for AI chatbots, the conversation became casual, with both CEOs swapping custom jackets. Zuckerberg, in an unusual moment, dropped an F-bomb and shared a peculiar story about slicing tomatoes.
Security vulnerabilities in Bumble, Hinge, and other dating apps allowed stalkers to track users within two meters of their location. Researchers identified and resolved the issue, highlighting ongoing privacy concerns. This incident underscores the persistent risk of privacy violations.
Intel Announces Major Layoffs Amid Financial Struggles
Intel plans to lay off 15,000 employees due to declining revenue and struggles in its AI initiatives. CEO Pat Gelsinger predicted a challenging remainder of the year. The layoffs reflect Intel’s ongoing difficulties in the competitive tech landscape.
The SEC charged Nader Al-Naji, founder of BitClout, with fraud and the unregistered offering of securities. Al-Naji allegedly used a pseudonym to evade regulatory scrutiny while raising over $257 million in cryptocurrency. BitClout, backed by firms like a16z and Sequoia, is a decentralized social media platform.
Meta reached a $1.4 billion settlement with Texas Attorney General Ken Paxton over its past use of facial-recognition technology. The lawsuit claimed Meta violated privacy protections and failed to disclose the practice to users. The first payment of $500 million is due within a month.
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