Meta and IBM’s Groundbreaking AI Alliance Unveiled.

2 mins read

Meta and IBM have launched an AI alliance of over 50 companies and research institutions to promote open innovation and open science in AI. According to IBM News Room, to do that, the AI Alliance plans to start or enhance projects that meet the following objectives: To ensure open innovation in AI benefits everyone and

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European regulators are inquiring into child safety concerns at Meta

1 min read

Meta has been issued another official request for information from European Union regulators, urging the company to provide additional details regarding its actions in addressing child safety concerns on Instagram. This includes specific information on how Meta is addressing risks associated with the sharing of self-generated child sexual abuse material (SG-CSAM) on the social network.

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Tik Tok will invest 12 Billion Euro in its European data centers

1 min read

Tik Tok really wants to play nice with European regulators. Part of this strategy is to invest €12 billion in the construction of its previously announced data center in Norway. In recent years, the short-form social video platform has been trying to dispel the notion that it is solely tied to its parent company, ByteDance,

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UK watchdog puts the brakes on the Adobe – Figma deal

1 min read

The Competition and Markets Authority (CMA) has preliminarily concluded that Adobe’s proposed $20 billion acquisition of the cloud-based product design platform Figma would have a negative impact on the product design software market. Consequently, the authority has effectively halted the deal until concerns related to competition are addressed. The CMA said that the proposed deal,

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Advertisers don’t plan to return on X

1 min read

The New York Times reports that on Thursday, advertisers announced that they had no intentions to return X, the social media company formerly known as Twitter. This decision follows an incident where the platform’s owner, Elon Musk, insulted brands by using swear words and advised them against spending on the platform. A minimum of six

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Sam Altman Returns as CEO at Open AI

1 min read

OpenAI has reinstated Sam Altman as its Chief Executive Officer. This decision comes just a week after Altman was dismissed by the board of directors. The reinstatement is part of a broader restructuring that includes the formation of a new board of directors. The new board will be chaired by Bret Taylor, former Chief Executive

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OpenAI in Turmoil: Shareholders Rally to Reinstate Sam Altman Amidst Staff Exodus

1 min read

Recent developments at OpenAI have taken a dramatic turn as shareholders, including major backers like Microsoft and investment fund Thrive Capital, are making efforts to overturn the dismissal of CEO Sam Altman. This move comes after a number of researchers announced their intention to leave the company in solidarity with Altman. According to Wall Street Journal,

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OpenAI fired Co-Founder and CEO Sam Altman Amidst Allegations of Deception to Board

1 min read

“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities,” the company board said in its blog post. “The board no longer has confidence in his ability to continue leading OpenAI.” In a post on X

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The head of OpenAI is aiming to develop superintelligence, and he needs money to do that

1 min read

Financial Times reports that OpenAI intends to seek additional financial support from its major investor, Microsoft, as CEO Sam Altman advances his vision to create artificial general intelligence, aiming for computer software that matches human intelligence. During an interview with the Financial Times, Altman expressed satisfaction with his company’s collaboration with Microsoft’s CEO Satya Nadella,

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ANAF Released the Guidelines for IT Sector Salaries Taxation

1 min read

In a recent development, Romania’s National Agency for Fiscal Administration (ANAF) has published a guide outlining new methodologies for taxing salaries in the Information Technology (IT) sector. This guide references changes in the social insurance contribution (CAS) rate, specifically addressing the reduction related to contributions to privately managed pension funds as stipulated in Law No.

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