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Read previewA class action claim filed against LGBTQ+ dating and hookup app Grindr alleges that "potentially thousands" of UK app users had their private information, including HIV statuses, shared with third parties. The claim, lodged on Monday by UK-based law firm Austen Hays, accuses Grindr of breaching UK data-protection laws by sharing sensitive information with third parties without users' consent. Austen Hays alleges that the data breaches occurred before April 2018 and between May 2018 and April 2020, "although they may extend to further periods," it said. With more of us finding love and connections online, the risk of extremely personal data being shared and potentially monetized is growing. In an email statement sent to Business Insider, a Grindr spokesperson said: "We are committed to protecting our users' data and complying with all applicable data privacy regulations, including in the UK."
Persons: , Austen Hays, Grindr, Chaya Hanoomanjee Organizations: Service, Business, Norwegian Data Protection Authority, Data
Meta acquired a horde of GPUs in order to change its algorithm, not to build generative AI tools. However, Mark Zuckerberg decided to buy twice as many GPUs as Meta needed just in case"Our normal principle is there's going to be something on the horizon that we can't see yet." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen Mark Zuckerberg started amassing a large amount of GPUs in 2022, it was not for anything related to generative AI.
Persons: Meta, Mark Zuckerberg, , Zuckerberg, TikTok, Dwarkesh Patel, they're, we're, Kali Hays Organizations: Meta, Service, Nvidia, Facebook Locations: khays@businessinsider.com
The generative artificial intelligence company, best-known as the creator of ChatGPT, is looking to open next year an office in New York City, according to two people familiar with the plans. Early last year, OpenAI had only about 400 employees all working out of one San Francisco office. It's now looking for a second office in San Francisco, according to a report in the San Francisco Chronicle. OpenAI has taken a selective approach to hiring, the person added, relative to how much interest the company receives for its job postings. The other is a search product likely to incorporate Microsoft's Bing search engine, according to a report from The Information.
Persons: OpenAI, Bing, Sam Altman, It's, it's, Kali Hays Organizations: Service, Business, Meta, Google, Microsoft, San Francisco Chronicle, LinkedIn Locations: New York City, San Francisco, Tokyo, London, Dublin, New York, Manhattan, Brooklyn, Big Tech, OpenAI, Francisco, khays@businessinsider.com
Elon Musk is raising funds for xAI at a $15 billion pre-money valuation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's new AI startup is luring more investors through special purpose vehicles that charge hefty fees, according to an email sent this week. Related storiesThe email lays out the terms if investors want to take part in the xAI financing round through special purpose vehicles. AdvertisementFor prospective xAI investors, these commitments come at a cost.
Persons: Elon Musk, , Elon, Musk, Kali Hays Organizations: xAI, Twitter, Service, Business Locations: khays@businessinsider.com
AdvertisementMeta took issue with several parts of Economides' testimony, which remains under seal and had many specific references redacted from Meta's filing. In his testimony, Economides valued individual Facebook user data at least $5 a month per user, according to Meta's summation of it. In the present day, that would mean Meta paying out tens of billions each month for user data, as Zuckerberg said in fourth-quarter earnings that over 3.1 billion people use at least one Meta app each day. Meta disagreed and told the court that Economides' testimony was effectively "junk science" with "no real-world support" and should be thrown out. "No firm like Meta, in any market, has paid all its users as a competitive response—ever," lawyers for Meta wrote.
Persons: Meta, Mark Zuckerberg, Javier Olivan, Guy Rosen, Nicholas Economides, Economides, Zuckerberg, Kali Hays Organizations: Service, Facebook, Meta, Business, New York University, Google Locations: khays@businessinsider.com
This story is part of CNBC's quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. Imagine a world where computers solve problems billions of times faster than today's machines can, ushering in a new era of scientific discovery. That's the promise of quantum technology — and a fierce race is underway to unlock its potential. In the shadow of the Rocky Mountains, the Denver-Boulder region is emerging as a global leader in this revolution. … We've built two of the largest quantum computers on the planet," Hays said in CNBC's primetime special "Cities of Success: Denver & Boulder," which airs April 11 at 10 p.m.
Persons: Rob Hays, We've, Hays, we've Organizations: Computing, CNBC, Denver & Locations: CNBC's, Rocky, Denver, Boulder, San Francisco, Success, Denver & Boulder, Antarctica
An analytics app Meta acquired a decade ago turned into a major source of inspiration for product and business decisions, including its work to "clone" Snapchat. Rosen is Meta's chief information security officer, while Tiger was vice president of engineering until he left Meta in 2022. For several years, Onavo was key to how Meta decided to acquire, launch, and change its products, according to over a dozen court documents unsealed last week in an ongoing lawsuit. After the acquisition, Facebook found through Onavo's data on messaging apps that Snapchat was a top five mobile app and WhatsApp had begun to outpace Facebook Messenger. The company was hailed for its tech that compressed data on mobile phones, allowing apps to run in the background without eating up user data.
Persons: Guy Rosen, Roi Tiger, Rosen, Tiger, Onavo, Meta, Mark Zuckerberg, Sheryl Sandberg, Mike Schroepfer, Chris Cox, Javier Olivan, Sandberg, Olivan, Cox, Facebook's, Colin Stretch, WhatsApp, Zuckerberg, Instagram, Snapchat, Stretch, Kali Hays Organizations: Meta, Facebook, Business, Onavo, YouTube, Olivan, TechCrunch Locations: Onavo, Davos, khays@insider.com
The way technology companies scrape and use copyrighted material to train generative AI tools could be in for a significant change. It has also been weighing for months possible changes to US Copyright laws and rules, which make no specific mention of generative AI or related use cases. President Joe Biden's administration has become more outspoken on generative AI. Although generative AI has been around for years, the explosive popularity of OpenAI's ChatGPT tool launched in late 2022 led to a greater public understanding of how generative AI models are developed through mass scraping every bit of data on the web. Warring interests and goals have opened up a growing fight between content creators and tech companies building generative AI.
Persons: Joe Biden's, Ben Buchanan, it's, Andreessen Horowitz, Kali Hays Organizations: Service, US, Meta, The New York Times Locations: khays@insider.com
Newly unsealed emails reveal that when Meta was still called Facebook, CEO Mark Zuckerberg ordered his executives to find a way to learn how people were using competing apps like Snapchat, even if the information was encrypted. Advertisement"Given how quickly they're growing, it seems important to figure out a new way to get reliable analytics about them," Zuckerberg wrote of Snapchat in the email. The app "doesn't (can't) decrypt data," a Facebook employee noted in an email to Zuckerberg included in a court document. While the existence of Onavo's work to track rival app usage has been reported, details of Meta's actions, the executives involved, and the surrounding communications were unreported. AdvertisementAdvertisers suing Meta said the company failed for years to disclose its use of Onavo technology to intercept rivals' analytics traffic.
Persons: Meta, Mark Zuckerberg, Zuckerberg, Javier Olivan, Snapchat, Olivan, Guy Rosen, Rosen, , Mike Schroepfer, Kali Hays Organizations: Service, Facebook, Business, Meta, Wall Street, YouTube, SSL, TechCrunch Locations: California, Onavo, khays@insider.com
Small towns and rural enclaves along the path of April's total solar eclipse are steeling for huge crowds of sun chasers who plan to catch a glimpse of day turning into dusk in North America. Look no further back than the last U.S. total solar eclipse in 2017 to understand the concern, said Tom Traub, who is part of NASA's eclipse ambassador program. “You had gas stations running out of gas," said Traub, who also serves on the board that runs the Martz-Kohl Observatory near Frewsburg, New York. "And hopefully that won’t be the case.”CELLPHONES MIGHT NOT WORKIn central Texas, emergency officials in Hays County recommend a "solar eclipse survival bag” stocked with items including a mobile phone and charger. And with all the extra traffic, there also will likely be more crash injuries, said Raetzke.
Persons: Kan, Tom Traub, , Traub, , Lyndon, ” Rob Kelly, Mike DeWine, Dan Serafin, Katrina Amos, ’ ”, Amos, Brad Raetzke, Chris Temple Organizations: , Tourism, National Guard, Martz, Kohl, Johnson, Historical, Texas, , Food, Coast Guard Locations: North America, Texas, Maine, Oklahoma, Texas , Indiana , Ohio, New York , Pennsylvania, Vermont, U.S, Beatrice , Nebraska, Frewsburg , New York, Hays County, Austin, Kerr, San Antonio, Ohio, Erie , Pennsylvania, Cape Girardeau , Missouri, Mississippi, Lake Erie, it's, Columbus , Ohio, Nashville , Tennessee, Erie
Search versus SGESince December, Business Insider has plugged the same queries into Google's traditional search engine and its generative AI version to see how information is presented differently. Mark Mahaney, a top internet analyst at ISI Evercore, has been testing SGE alongside generative AI rivals like Perplexity and OpenAI's ChatGPT. Ray has spotted answers in SGE results that are not sourced from websites that rank in the top 100 positions for that query in traditional Search results. Neither query produced any sort of generative AI response — although a search for "common cold" did. They've already got billions of people using Chrome and using Google search," Shmulik told BI.
Persons: It's, Mark Mahaney, Mahaney, SGE, Adweek, Alan Antin, Google's SGE, Gaga's, Gaga, Tiffany, Kali Hays, Google's, Sundar Pichai, Lily Ray, Ray, Mark Shmulik, Bernstein, Susan Orlean, Evercore's Mahoney, we're, Bernstein's, Shmulik, he's, ChatGPT Organizations: Google, Business, Microsoft, Gartner, ISI, New York Magazine, BI, GitHub, LinkedIn, SGE, Bing Locations: SGE, OpenAI
The company is considering raising a Series C before what's left of its $90 million in funding runs out. BeReal closed a $60 million Series B funding round at an around $600 million valuation in late 2022, following a $30 million Series A earlier the same year. Sooner than later, BeReal leadership will be forced to choose between raising another round and maintaining its independence or selling itself outright, running the risk of disappearing. Company leadership holds an all-hands every quarter after they meet with the company's board, which includes investors. As for the possibility of an acquisition, BeReal leadership has told employees there are "offers" that have been made, without giving any specifics.
Persons: Alexis Barreyat, what's, BeReal, Yuri Milner's, Andreessen Horowitz, Barreyat, Romain Salzman, Kali Hays, Callum Burroughs cburroughs@businessinsider.com Organizations: Business, Gas, Yuri Milner's DST, Accel Locations: Paris, Japan, Asia, Pacific, khays@businessinsider.com
Meta's ongoing efficiency drive has resulted in another round of layoffs. Messenger, the popular Facebook app, was hit this week with cuts. Messenger, the popular direct messaging app within Facebook, was hit with a round of layoffs this week, according to two people familiar with the company. The cuts at Messenger come after a similar layoff affected some employees working at Instagram, as Business Insider reported. This story is available exclusively to Business Insider subscribers.
Persons: , Instagram, Messenger Organizations: Service, Meta, Facebook, Business, BI Locations: Instagram, Meta
Inside OpenAI, Sam Altman is still approachable and friendly to staff, even though many of them are realizing how little they know about how the company operates. Altman responded simply that it would be "over soon," supplying staff with no other detail, according to two people who witnessed the exchange. The internal investigation nearing its end was also reported by the Wall Street Journal and The New York Times. Such a lack of candor with employees is a more recent development for Altman, one of the people familiar noted. Although OpenAI employees are paid well, many workers are increasingly concerned about how much risk they're assuming.
Persons: Sam Altman, Altman, Slack, OpenAI, Andrej Karpathy, Karpathy, Ilya Sutskever, OpenAI's, Sutskever, Greg Brockman, Jakub Pachoki, Kali Hays Organizations: Service, Wall Street, The New York Times, SEC, Fund, Street, Microsoft, OpenAI Locations: OpenAI, Karpathy, khays@insider.com
A tough annual performance review season at Meta and a newly permanent state of "efficiency" has some workers preparing for the worst. The company's months-long process of evaluating individual employee performance for 2023 is wrapping up this week, with tens of thousands of workers receiving feedback from Meta managers. The company recently told employees that their bonuses would be increased due to the company's financial performance over the last year. Advertisement"Meta has always done a lot of reorgs, moving people around, eliminating teams," a third person familiar with the company said. An employee previously told BI that employees deemed to have subpar performance "will be pushed out, one way or another."
Persons: Mark Zuckerberg, Zuckerberg, Meta, Kali Hays Organizations: Service, Meta, Business, Big Tech, Reality Labs Locations: Meta, Instagram, khays@insider.com
Meta plans to show off years of work on new augmented reality glasses during its developer conference this year. While the AR glasses will not be for sale to the public after the reveal, a handful of employees are already experimenting with advanced prototypes, one of the people noted. The AR glasses are a separate product from Meta's better-known Ray-Ban smart glasses and Quest headsets. He posted a photo to Threads earlier this month showing several versions of Meta glasses on his desk. So far, Meta's AR glasses are costly to produce, much less sell at retail.
Persons: what's, Ray, Andrew Bosworth, Mark Zuckerberg, Bosworth, Kali Hays Organizations: Orion, Reality Labs Locations: khays@insider.com
One possibility is the coding rounds of the typical tech job interview, where candidates are prompted by interviewers to solve technical problems. So, job candidates can easily use something like ChatGPT to effectively cheat their way to fast solutions, according to a recent experiment conducted by interviewing.io, a popular platform for mock tech interviews and industry recruiting. When coding problems were taken verbatim from LeetCode, job candidates using ChatGPT solved correctly 73% of the time, interviewing.io found. That’s far worse than how tech job candidates fare on their own. Relying on their own abilities, interviewing.io found that job candidates passed coding rounds of interviews 53% of the time.
Persons: interviewing.io, Aline Lerner, ” Lerner, ChatGPT, Lener, Lerner, it’ll, Kali Hays Organizations: Google, Microsoft Locations: ChatGPT, khays@insider.com
The cushy Big Tech job is dead
  + stars: | 2024-02-16 | by ( Kali Hays | ) www.businessinsider.com   time to read: +10 min
Hopping from one mid-six-figure salary job in Big Tech to the next? More tech workers get laid offOver the last 18 months, tech workers say it's felt difficult to stay employed as round after round of layoffs have swept Big Tech and the broader industry. The tech job market got tougherTo add insult to injury, keeping a job in tech isn’t the only thing that’s more difficult. Aline Lerner, a former tech engineer and founder of interviewing.io, a site for tech recruiting and mock interviewing for tech job seekers, said it's now much more difficult to land a tech job, particularly at a high-profile or Big Tech company. “Anecdotally, I’d say it’s the hardest it’s been to get a tech job since probably the dot-com bust," Lerner said.
Persons: I’ve, gainfully, Hacker, it's, Layoffs.fyi, Elon Musk, nix, Meta, Elon Musk's, Winni, you’re, they're, Aline Lerner, ” Lerner, , Lerner, it’s, Organizations: Federal Reserve, Business, Big Tech, Tech, Google, Microsoft, ” Tech, Twitter, Menlo, Elon, The Washington Post, Getty Images Tech, , Department of Education Locations: Big, LeetCode
“Honestly, sometimes lately, I’ve thought my entire career is a ZIRP,” a tech worker recently reflected. More tech workers get laid offOver the last 18 months, tech workers say it's felt difficult to stay employed as round after round of layoffs have swept Big Tech and the broader industry. The tech job market got tougherTo add insult to injury, keeping a job in tech isn’t the only thing that’s more difficult. Aline Lerner, a former tech engineer and founder of interviewing.io, a site for tech recruiting and mock interviewing for tech job seekers, said it's now much more difficult to land a tech job, particularly at a high-profile or Big Tech company. “Anecdotally, I’d say it’s the hardest it’s been to get a tech job since probably the dot-com bust," Lerner said.
Persons: I’ve, gainfully, Hacker, it's, Layoffs.fyi, Elon Musk, nix, Meta, Elon Musk's, Winni, you’re, they're, Aline Lerner, ” Lerner, , Lerner, it’s, Organizations: Federal Reserve, Business, Big Tech, Tech, Google, Microsoft, ” Tech, Twitter, Menlo, Elon, The Washington Post, Getty Images Tech, , Department of Education Locations: Big, LeetCode
The nerd goggle review everyone has been waiting for is finally in: Mark Zuckerberg tried out Apple's Vision Pro and he has thoughts. The usability and comfort of Apple's Vision Pro has been criticized since its release, with some people beginning to return the devices. Zuckerberg made sure to point out in his review that the Quest "is a lot more comfortable" than the Vision Pro. Compliments, with some needleZuckerberg did allow himself two compliments on the Vision Pro. He also said the Vision Pro has "higher resolution" than Meta's Quest, which is also "really nice."
Persons: Mark Zuckerberg, Zuckerberg, Tim Cook, Zuck didn't, it's Organizations: Apple, Vision, Meta
The White House is increasingly aware that the American public needs a way to tell that statements from President Joe Biden and related information are real in the new age of easy-to-use generative artificial intelligence. People in the White House have been looking into AI and generative AI since Joe Biden became president in 2020, but in the last year, the use of generative AI exploded with the release of OpenAI’s ChatGPT. Yet, there is no end in sight for more sophisticated new generative AI tools that make it easy for people with little to no technical know-how to create images, videos, and calls that seem authentic while being entirely fake. AdvertisementBuchanan said the aim is to “essentially cryptographically verify” everything that comes from the White House, be it a statement or a video. While last year’s executive order on AI created an AI Safety Institute at the Department of Commerce, which is tasked with creating standards for watermarking content to show provenance, the effort to verify White House communications is separate.
Persons: Joe Biden, Ben Buchanan, Buchanan, it’s, , Biden, ” Buchanan, “ We're, Kali Hays Organizations: Big Tech, Meta, Google, Microsoft, Federal Communications Comission, Artificial Intelligence, White, Department of Commerce Locations: Biden’s, khays@insider.com
Snap slashes 10% of its workforce
  + stars: | 2024-02-05 | by ( Paul Squire | Camilo Fonseca | ) www.businessinsider.com   time to read: +1 min
Snap announced another round of layoffs on Monday, the latest for Snapchat's parent company. The company said in a regulatory filing that it would cut 10% of its workforce. Two workers at the social media company previously told Business Insider's Kali Hays that several dozen Snap staffers were let go on Friday and more cuts were expected. Meanwhile, BI previously reported the company has struggled to deal with shifts in the digital ad market and fierce competition from TikTok and Meta. It's the latest company to make cuts in what's been a brutal start to 2024 for tech workers.
Persons: Derek Andersen, Kali Hays Organizations: Apple's Locations: what's
Snap's new mass layoff impacted workers in a range of roles across the company. Another perceived Snap in recent months as a company in "managed decline." C-suite executives who were hired or promoted, like Jerry Hunter and Jeremi Gorman, respectively, to build up and manage Snap's business, are gone and are not being replaced, as CEO Evan Spiegel is taking on oversight of the business. Engineering leaders, too, left the company in recent months. Snap has hired some new executives, like Patrick Harris, Ronan Harris, Darshan Kantak and Eric Young, but none are in the c-suite.
Persons: Evan Spiegel, Snap's, Spiegel, Jerry Hunter, Jeremi Gorman, Patrick Harris, Ronan Harris, Darshan Kantak, Eric Young Organizations: Business, Workers, Monday, BI, Meta, Apple, Engineering Locations: North America, California
The Snapchat company let go of several dozen staffers on Friday, according to two people familiar with the company. Many Snap employees took the memo as a hint that more company changes were coming. Staffers have been "on pins and needles" about layoffs in recent weeks, according to one of the people familiar with the company. In September, Snap let go of about 150 people after shutting down a short-lived division for creating augmented reality tools for businesses. Evercore senior managing director Mark Mahaney said in mid-January that "Snap has yet to snap back."
Persons: Evan Spiegel, Spiegel, It's, Jerry Hunter, Hunter, Snap's, Nima Khajehnouri, Bernstein, Evercore, Mark Mahaney Organizations: Business, Meta, Block, PayPal
Meta employees who made it through a year of layoffs and tougher performance reviews will get to share in some of the company's financial resurgence . The company formerly known as Facebook on Thursday reported a blowout fourth quarter, sending the stock to a new all-time high . The same day, Meta told staffers their annual performance bonuses would be 1.5 times as much as originally planned, according to two people familiar with the company. The company is set to inform employees of their performance ranking this month to complete the 2023 performance review cycle, and it will pay out bonuses in March. This story is available exclusively to Business Insider subscribers.
Persons: Meta Organizations: Facebook, Business
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