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☆ Regulators Seize Republic First, a Troubled Philadelphia Bank
▼ + stars: | 2024-04-26 | by ( Kashmir Hill | More About Kashmir Hill | ) www.nytimes.com time to read: 1 min

Regulators late Friday seized Republic First Bancorp, a troubled Philadelphia lender, in the first U.S. bank failure this year. Republic First Bancorp, known as Republic Bank, had about $4 billion in deposits at the end of January and assets worth $6 billion, the Federal Deposit Insurance Corporation said in a statement. said, with Republic First’s 32 branches in Pennsylvania, New Jersey and New York reopening as soon as Saturday as Fulton Bank branches. Founded in 1988, Republic First was smaller than the midsize banks that collapsed last year — including First Republic Bank and Silicon Valley Bank, whose assets each topped $200 billion. expects the cost to the Deposit Insurance Fund to be $667 million.

Organizations: First Bancorp, Republic First Bancorp, Republic Bank, Federal Deposit Insurance Corporation, Fulton Bank of Lancaster, Fulton Bank, First Republic Bank, Silicon Valley Bank, Deposit Insurance Fund Locations: Philadelphia, U.S, Republic, Pa, Pennsylvania , New Jersey, New York

☆ How Your Child’s Online Mistake Can Ruin Your Digital Life
▼ + stars: | 2023-11-27 | by ( Kashmir Hill | More About Kashmir Hill | ) www.nytimes.com time to read: +1 min

The New York Times has documented other episodes in which parents’ digital lives were upended by naked photos and videos of their children that Google’s A.I. systems flagged and that human reviewers determined to be illicit. Her account would eventually be deleted, a Google login page informed her, but she could appeal the decision. Children’s advocates and lawmakers around the world have pushed technology companies to stop the online spread of abusive imagery by monitoring for such material on their platforms. Many communications providers now scan the photos and videos saved and shared by their users to look for known images of abuse that had been reported to the authorities.

Persons: Watkins, “, Children’s Organizations: New York Times, Google Locations: New South Wales, Australia

☆ The Technology Facebook and Google Didn’t Dare Release
▼ + stars: | 2023-09-09 | by ( Kashmir Hill | More About Kashmir Hill | ) www.nytimes.com time to read: +1 min

The absurd hat-phone, a particularly uncool version of the future, contained a secret tool known only to a small group of employees. The room went silent; the demo was underway. Mr. Leyvand turned toward a man across the table from him. Two seconds later, a robotic female voice declared, “Zach Howard.”“That’s me,” confirmed Mr. Howard, a mechanical engineer. But when the phone started correctly calling out names, he found it creepy, like something out of a dystopian movie.

Persons: Tommer Leyvand, Leyvand, —, “ Zach Howard, ”, Howard Organizations: Mr Locations: Menlo Park, Calif

☆ Eight Months Pregnant and Arrested After False Facial Recognition Match
▼ + stars: | 2023-08-06 | by ( Kashmir Hill | More About Kashmir Hill | ) www.nytimes.com time to read: +1 min

After being charged in court with robbery and carjacking, Ms. Woodruff was released that evening on a $100,000 personal bond. The ordeal started with an automated facial recognition search, according to an investigator’s report from the Detroit Police Department. Ms. Woodruff is the sixth person to report being falsely accused of a crime as a result of facial recognition technology used by police to match an unknown offender’s face to a photo in a database. All six people have been Black; Ms. Woodruff is the first woman to report it happening to her. “And it’s happening anyway.”On Thursday, Ms. Woodruff filed a lawsuit for wrongful arrest against the city of Detroit in U.S. District Court for the Eastern District of Michigan.

Persons: Woodruff, ”, Clare Garvie Organizations: Detroit Police Department, Detroit’s, Police, National Association of Criminal Defense, Eastern, Eastern District of Locations: Wayne, Detroit, U.S, Eastern District, Eastern District of Michigan

☆ An Internet Veteran’s Guide to Not Being Scared of Technology
▼ + stars: | 2023-07-29 | by ( Kashmir Hill | More About Kashmir Hill | ) www.nytimes.com time to read: +1 min

That was the question that Mike Masnick found himself fielding this summer in a WhatsApp chat with about 100 directors, actors and screenwriters. The group, including marquee talent, was worried about a grim possible future in which deepfake versions of actors perform screenplays written by ChatGPT. is one reason for the writers’ and actors’ strikes that have paralyzed the film and television industry.) plus human” is the future, he pointed to the singer Grimes. “Let people be creative and they’ll do creative things and expand the interest in your own work,” Mr. Masnick, 48, said.

Persons: Mike Masnick, ChatGPT, Masnick, ’, “, Grimes, ” Mr, ” Organizations: Hollywood, Spotify

☆ OpenAI Worries About What Its Chatbot Will Say About People’s Faces
▼ + stars: | 2023-07-18 | by ( Kashmir Hill | More About Kashmir Hill | ) www.nytimes.com time to read: +1 min

The chatbot that millions of people have used to write term papers, computer code and fairy tales doesn’t just do words. ChatGPT, the artificial-intelligence-powered tool from OpenAI, can analyze images, too — describing what’s in them, answering questions about them and even recognizing specific people’s faces. For the last few months, Jonathan Mosen has been among a select group of people with access to an advanced version of the chatbot that can analyze images. It told me about the tiles in the shower,” Mr. Mosen said. And with one picture, I had exactly the answers that I needed.”For the first time, Mr. Mosen is able to “interrogate images,” he said.

Persons: Jonathan Mosen, Mosen, Mr, ”, ChatGPT

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