Wednesday, March 29, 2023

A US court rules bZx protocol meets the definition of a general partnership and finds token holders of the DAO liable for losses from a $55M hack in 2021 (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk:
A US court rules bZx protocol meets the definition of a general partnership and finds token holders of the DAO liable for losses from a $55M hack in 2021  —  Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts.



The UK CMA launches an in-depth probe, which can take up to six months, of Broadcom's $69B VMware acquisition, after Broadcom failed to address concerns (Reuters)

Reuters:
The UK CMA launches an in-depth probe, which can take up to six months, of Broadcom's $69B VMware acquisition, after Broadcom failed to address concerns  —  Britain said it would investigate Broadcom's (AVGO.O) acquisition of VMware (VMW.N) in depth after the U.S. chipmaker offered …



This OnePlus phone is ‘inspired’ by Jupiter

We are not even halfway into the year, and OnePlus has launched not one, two but a third OnePlus 11. This OnePlus 11 is out of the earth and comes straight from Jupiter. Not literally, as it is dubbed OnePlus 11 Jupiter Rock Special Edition, which has a back cover that resembles Jupiter. https://ift.tt/f0PeEcV

Goldman Sachs research: generative AI could increase annual global GDP by 7% over a 10-year period and expose 300M full-time jobs to automation globally (Delphine Strauss/Financial Times)

Delphine Strauss / Financial Times:
Goldman Sachs research: generative AI could increase annual global GDP by 7% over a 10-year period and expose 300M full-time jobs to automation globally  —  Technology could boost global GDP by 7% but also risks creating ‘significant disruption’  —  The latest breakthroughs in artificial intelligence …



Facebook parent Meta is bringing Google-like review system for bonus payouts: Report

Citing an internal memo, Wall Street Journal reported that Meta is planning to lower bonus pays for some employees and assess staff performance more frequently. The report also mentioned that employees who get a rating of "met most expectations" in their 2023 year-end reviews, will receive a smaller percentage of bonuses and restricted stock award due in March 2024. https://ift.tt/jnaT74A

An Indian appellate tribunal upholds the ~$160M fine imposed on Google by the Competition Commission of India in the Android antitrust case (Indu Bhan/The Economic Times)

Indu Bhan / The Economic Times:
An Indian appellate tribunal upholds the ~$160M fine imposed on Google by the Competition Commission of India in the Android antitrust case  —  The NCLAT, an appellate authority for orders passed by the CCI, had started its hearing in the Android matter on February 15 following a directive by the Supreme Court.



How to request for Adobe generative AI model Firefly beta access

Adobe has launched its generative AI model, Firefly, which applies text-based commands to produce images and edit them. Its usage is not just restricted to expert users but also accessible to beginners. https://ift.tt/bILGEUv

Tuesday, March 28, 2023

Ubisoft to skip E3 2023, will host its own event instead

French video game publisher Ubisoft will skip Electronic Entertainment Expo 2023 (E3 2023) and has decided to host its own event instead. https://ift.tt/UlGLE9X

China launches project to promote use of AI in sci-tech research

China has started a project to promote the use of Artificial Intelligence (AI) in frontier science and technology research, the media reported. https://ift.tt/lRGpPcU

Google Chrome bookmark syncing issue: How users are affected and what it means for them

Google has reportedly restricted the number of bookmarks a user can access on multiple devices while being logged in to the same Google account. Though Google has not specified the maximum number of bookmarks that can be synced across devices, according to a bug report, bookmarks are limited to 20,000 for mobile devices and 100,000 for Chrome desktops. https://ift.tt/9DqbvfQ

Japan's FTC says it does not expect the Microsoft-Activision Blizzard deal to stifle competition and closes its review without issuing a cease and desist order (Kiyoshi Takenaka/Reuters)

Kiyoshi Takenaka / Reuters:
Japan's FTC says it does not expect the Microsoft-Activision Blizzard deal to stifle competition and closes its review without issuing a cease and desist order  —  Japan's antitrust watchdog said on Tuesday it did not expect a merger between Microsoft Corp (MSFT.O) and Activision Blizzard …



The UK cancels plans to launch an NFT, proposed in 2022 by Rishi Sunak in a bid to make the UK a crypto hub, and says it will keep the proposal "under review" (BBC)

BBC:
The UK cancels plans to launch an NFT, proposed in 2022 by Rishi Sunak in a bid to make the UK a crypto hub, and says it will keep the proposal “under review”  —  Plans for a government backed non-fungible token (NFT) produced by the Royal Mint have been dropped, the Treasury has announced.



Sam Bankman-Fried's lawyers and prosecutors agree on new bail terms, including giving SBF a phone without internet and a monitored laptop with limited functions (Reuters)

Reuters:
Sam Bankman-Fried's lawyers and prosecutors agree on new bail terms, including giving SBF a phone without internet and a monitored laptop with limited functions  —  Lawyers for Sam Bankman-Fried said they reached an agreement with U.S. prosecutors on Monday on revised bail conditions …



Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...