Hyperscalers spending $292 Billion on AI Infrastructure
Still not got customers
The race to scale artificial intelligence infrastructure is accelerating, with hyperscalers, alongside Meta and Oracle, planning to invest $292 billion by 2025 — an 88 per cent increase since 2023.
Meta banks on glasses being the new big thing
Displays in Ray-Bans
Meta plans to add displays to its Ray-Ban smart glasses as soon as next year.
EU to Apple: time to share your toys
Apple to EU: but the others are too insecure
The EU is demanding that the fruity cargo cult Apple make its iOS more friendly with other platforms.
Meta Fined $263 Million for 2018 security breach
GDPR enforcement
Meta has been fined €251 million (approximately $263 million) by Ireland’s Data Protection Commission (DPC) for a Facebook security breach disclosed in 2018, which compromised the personal data of millions of users, including around three million in the EU/EEA.
Malaysian politicians vote to control the Internet
This whole free speech thing never worked
Malaysian lawmakers voted to broaden the government’s control over the internet, unmoved by criticism that the law risks suppressing dissent and free speech.
Mark Zuckerberg snubs his Llama in favour of OpenAI’s GPT-4
Open relationship
While Mark Zuckerberg has been telling world+dog that Meta’s Llama AI model is the bee’s knees he has been using OpenAI’s GPT-4 model behind the scenes.
Meta claims it is censoring too much
Too much harmless content taken down
According to a top executive, Meta mistakenly removes too much content across its apps.
Australia ban under-16s from social media
Social media is apparently more dangerous than anything else down under
The land down under, Australia which has more poisonous reptiles and insects than anywhere in the world, has decided that its kiddies are more at danger from social media than anything else.
FTC launches broad antitrust investigation into Microsoft
Now all big Tech is being done
The US Federal Trade Commission (FTC) is about to start a comprehensive antitrust investigation into Microsoft, focusing on its software licensing and cloud computing businesses.
Meta cracks down on scams
Closes two million pig butchering accounts
Meta said it has removed more than two million accounts this year linked to overseas criminal gangs behind scam operations that have allegedly forced hundreds of thousands of people into scamming roles and cost victims billions of dollars worldwide.