Business, Financial & Legal News - Page 12

All the latest Business, Financial & Legal news as it relates to tech, gaming, and science - Page 12.

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Elon Musk lawyers threaten non-profit and claim they're bought by Twitter's competition

Jak Connor | Aug 1, 2023 1:32 AM CDT

Freedom of speech has yet again become a massive topic on X, formerly Twitter as the platform has announced its launched legal claims against the Center for Countering Digital Hate (CCDH), a non-profit that focusses on mitigating online hate speech and disinformation.

Elon Musk lawyers threaten non-profit and claim they're bought by Twitter's competition

These legal claims came after the CCDH published a report that claimed X fails to act on 99% of Twitter Blue accounts hateful tweets/content. The CCDH arrived at this figure by taking 100 hate-speech centered tweets from Twitter Blue accounts and monitor them for four days. After the four days only 1 of the posts were removed, leading to the assumption that 99% of hate speech content from Twitter Blue accounts X fails to act upon.

The article caught the attention of X, which denied all of the CCDH allegations and the non-profit promptly received a letter from Elon Musk's lawyer Alex Spiro, who represents X Corp, the company that owns X. The letter from Spiro alleged that the CCDH's methodology to arrive at the alleged 99% was false, and went on to claim that the CCDH is taking money from X's competitors to run smear campaigns against the social media platform.

Continue reading: Elon Musk lawyers threaten non-profit and claim they're bought by Twitter's competition (full post)

Pentagon hit with major security breach that penetrated 17 military bases

Jak Connor | Jul 31, 2023 8:03 AM CDT

An engineer at an Air Force base has gained access to 17 Pentagon facilities by stealing nearly $100,000 worth of radio equipment.

Pentagon hit with major security breach that penetrated 17 military bases

A new report from Forbes has revealed that a contractor from the Arnold Air Force Base in Tennessee tipped off the government that a 48-year-old engineer had stolen $90,000 worth of radio equipment, which was then used to penetrate 17 military bases.

The tipster alleged that the engineer was taking this stolen equipment home, which was later confirmed by law enforcement that raided the individual's house and discovered "unauthorized administrator access" to the "communications infrastructure."

Continue reading: Pentagon hit with major security breach that penetrated 17 military bases (full post)

Elon Musk officially rolls out ad revenue sharing program on X, formerly Twitter

Jak Connor | Jul 31, 2023 3:15 AM CDT

Elon Musk has officially launched the Add revenue sharing program for the newly renamed platform X, formerly Twitter.

Elon Musk officially rolls out ad revenue sharing program on X, formerly Twitter

The new program enables users to theoretically make money off of their posts, but there are some caveats, such as the requirements for an account to be eligible for the ad revenue sharing program. X will require users to meet the following requirements - an active subscription to Blue or Verified Organizations, at least 15 million impressions on cumulative posts within the last 3 months, and at least 500 followers.

If the account has met the aforementioned requirements, the user is able to set up a payout system through a linked Stripe account. From there, the user will get a regular payout if their payout exceeds $50. The recent launch of the ad revenue-sharing program is part of Elon Musk's long-time push towards supporting creators on X through the monetization of posts/content.

Continue reading: Elon Musk officially rolls out ad revenue sharing program on X, formerly Twitter (full post)

SIGGRAPH celebrates 50 years of pioneering innovation in computer graphics and interactive tech

Rob Squires | Jul 30, 2023 6:25 PM CDT

This year marks the momentous 50th anniversary of SIGGRAPH conferences, the Special Interest Group on Computer Graphics and Interactive Techniques. Since its inception in 1971, SIGGRAPH has been at the forefront of revolutionizing the field of computer graphics and interactive technologies. As professionals, researchers, artists, and enthusiasts gather to celebrate this historic occasion in Los Angeles starting next Sunday, August 6th, it is a fitting time to reflect on the profound impact SIGGRAPH has had on various industries and its enduring commitment to pushing the boundaries of visual storytelling as well as the achieved technological advancements.

SIGGRAPH celebrates 50 years of pioneering innovation in computer graphics and interactive tech

The conference's humble beginnings started as a small gathering of computer graphics enthusiasts. SIGGRAPH has grown globally, with annual conferences in North America and Asia, drawing attendees from across the globe. Over the last five decades, the event has evolved in response to technological advancements and changing industry needs, consistently staying relevant and innovative. The heart of SIGGRAPH lies in its diverse and passionate community of students, artists, researchers, developers, and industry professionals who came together to explore the latest trends and innovations that are reshaping the way we perceive and interact with digital content.

From the moment attendees step into the convention center, they are immersed in a vibrant atmosphere of innovation. The exhibit halls are alive with the latest offerings from renowned technology companies showcasing their cutting-edge hardware and software that push the boundaries of what is possible in computer graphics.

Continue reading: SIGGRAPH celebrates 50 years of pioneering innovation in computer graphics and interactive tech (full post)

What to expect from Jensen Huang's NVIDIA keynote at SIGGRAPH 2023? Hint: AI

Rob Squires | Jul 30, 2023 5:50 PM CDT

Jensen is renowned for his charismatic stage presence and ability to captivate audiences with his passion for technology. This will be Jensen's first in-person keynote in the United States in over three years, with his last keynote at SIGGRAPH being in Vancouver in 2018.

What to expect from Jensen Huang's NVIDIA keynote at SIGGRAPH 2023? Hint: AI

In-person attendees and online viewers worldwide are eagerly looking forward to his insights and demonstrations as he explores the potential of AI-driven graphics and its impact on various sectors, including OpenUSD developments. The integration of artificial intelligence with real-time ray tracing capabilities promises to usher in a new era of unprecedented visual fidelity and realism in computer graphics. As a leader in the GPU industry, NVIDIA has always been at the forefront of pushing the boundaries of visual computing.

Throughout the keynote presentation, emphasis is expected to be placed on collaboration and the value of partnerships in driving technological advancements. At every SIGGRAPH keynote, NVIDIA's CEO has consistently stressed the importance of working with developers, artists, and industry experts to shape the future of computer graphics collectively and showcase groundbreaking technologies that redefine the art of creating immersive virtual worlds. This year's keynote is expected to be no exception.

Continue reading: What to expect from Jensen Huang's NVIDIA keynote at SIGGRAPH 2023? Hint: AI (full post)

Mark Zuckerberg vs Elon Musk cage fight now in doubt as exclusive audio surfaces

Jak Connor | Jul 29, 2023 6:31 AM CDT

The highly anticipated cage match between tech titans Mark Zuckerberg and Elon Musk May not even happen at all after recent comments came out from Meta's CEO.

Mark Zuckerberg vs Elon Musk cage fight now in doubt as exclusive audio surfaces

A new report from Reuters has revealed exclusive audio obtained by the publication of Meta CEO Mark Zuckerberg addressing a crowd of employees during a company town hall meeting. The comments regarding the cage fight between Musk and Zuckerberg came about during an in-depth discussion about Threads, the newly released Instagram-integrated app that's a direct competitor to Elon Musk's X social media platform, formerly Twitter.

Notably, the fight isn't officially canceled and was originally expected to take place in a Las Vegas arena, organized by UFC President Dana White. However, Zuckerberg can be heard through these exclusively obtained audio recordings that he isn't sure will come together. The audio leak has certainly cast some doubts on whether or not the match will ever happen, in what already seemed like a far-fetched idea with minimal chance of fruition.

Continue reading: Mark Zuckerberg vs Elon Musk cage fight now in doubt as exclusive audio surfaces (full post)

Apple sneakers go on sale for $50,000

Jak Connor | Jul 29, 2023 2:45 AM CDT

A very rare pair of Apple shoes are being sold at an auction for a staggering $50,000. This pair of shoes was only given to employees during the 1990s.

Apple sneakers go on sale for $50,000

A new report from the BBC has revealed that the custom-made pair of shoes can be traced back to a conference where they wear a one-time giveaway. The shoe itself features the old-school Apple logo, which is a rainbow apple, along with a white design that features another rainbow Apple logo on the tongue.

Sotheby's auction house has described the rarity as "one of the most obscure in existence." The description states the shoes are brand new, but there are some deficiencies, such as yellowing around the midsoles. The description also states that the size is us 10.5 or European size 41, or UK 8.5. Additionally, inside the box, there is a pair of red laces if the buyer wishes to swap out from the traditional white laces.

Continue reading: Apple sneakers go on sale for $50,000 (full post)

Twitter officially rebranding to X ushers in major financial and legal concerns

Jak Connor | Jul 26, 2023 7:16 AM CDT

Elon Musk has officially rebranded Twitter to X, sparking major concern from law professors that believe Twitter is putting itself in the firing line of legal battles.

Twitter officially rebranding to X ushers in major financial and legal concerns

The days of the blue bird are now gone, with Elon Musk taking to his personal Twitter account to announce that Twitter is officially now called X, in what appears to be the first step towards the company converting the text-based app into the "everything app".

The Twitter logo has been changed to the letter X, and now that the rebranding is official, law professors such as Shubha Ghosh, from Syracuse University, warned that Twitter may soon be hit with a myriad of lawsuits from companies claiming that the social media platform's new branding interferes with their own branding.

Continue reading: Twitter officially rebranding to X ushers in major financial and legal concerns (full post)

Elon Musk says Cybertruck demand is so 'off the hook you can't even see the hook'

Jak Connor | Jul 24, 2023 7:17 AM CDT

During a recent earnings call at Tesla, company CEO Elon Musk touched on the amount of demand for the highly anticipated Cybertruck.

Elon Musk says Cybertruck demand is so 'off the hook you can't even see the hook'

According to a recent crowdsource data tracker Tesla has received more than 1.9 million pre-orders for the cyber truck illustrating the demand for what could be Tesla's most anticipated vehicle yet. Elon Musk echoed these same sentiments during Tesla's most recent earnings call, who described the overwhelming demand for the Tesla Cybertruck as "so off the hook, you can't even see the hook."

For those that don't know, Tesla announced the Cybertruck back in 2019, but due to unfortunate production delays that can be attributed to the COVID-19 pandemic choking up material pipelines, the release of the first-of-its-kind EV had to be continuously postponed. However, recent news from Tesla suggests that the cyber truck will begin shipping by the end of the year, with the company planning to produce 500,000 cyber trucks annually at its peak manufacturing capacity.

Continue reading: Elon Musk says Cybertruck demand is so 'off the hook you can't even see the hook' (full post)

Elon Musk explains the hidden meanings behind the Tesla and SpaceX logos

Jak Connor | Jul 24, 2023 5:34 AM CDT

Elon Musk has said that there are hidden meanings behind the Space X logo as well as the Tesla logo, with the Twitter owner explaining on his platform each of the stories behind the iconic symbols.

Elon Musk explains the hidden meanings behind the Tesla and SpaceX logos

Mosque has taken to his personal Twitter account to reveal some back story on the Tesla logo and the Space X logo, which both feature very prominent letters - Tesla's "T" and SpaceX's "X". These discussions from Musk come ahead of the recently announced changes of Twitter's rebranding from the iconic blue bird to Musk's new "X" platform.

The CEO of Tesla took to his personal Twitter account to explain that the inspiration behind the Tesla "T" logo comes from a cross-section of an electric motor". As for the idea behind SpaceX's branding, The company CEO said the inspiration is Similar to Tesla's as the X is "like a rocket trajectory". It's no secret that Musk has an affinity with the letter X as the Twitter owner recently launched a new AI company called xAI, which will be focussing on unlocking the mysteries of the universe.

Continue reading: Elon Musk explains the hidden meanings behind the Tesla and SpaceX logos (full post)