Waymo can now charge for robotaxi rides in LA and on San Francisco freeways

Waymo received approval Friday afternoon from the California Public Utilities Commission to operate a commercial robotaxi service in Los Angeles, the San Francisco Peninsula and on San Francisco freeways. The approval removes the last barrier for the Alphabet company to charge for rides in these expanded areas. Importantly, it opens up new territory for Waymo […]
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Change Healthcare sets up new electronic prescription service, funding program as cyberattack drags

UnitedHealth’s Change Healthcare set up a new electronic prescription service to provide relief during its ongoing cyberattack.

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Rabbit’s Jesse Lyu on the nature of startups: ‘Grow faster, or die faster,’ just don’t give up

Rabbit co-founder and CEO Jesse Lyu isn’t afraid of death… the death of the company, at least. He told TechCrunch that the company is a startup whose fortunes may be swayed by the whims of multi-billion-dollar rivals — but that’s no reason to give up and go home. Appearing on stage at StrictlyVC LA, Lyu […]
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Google Gemini product lead retreats from social media after troubled AI product launch led to harassment

Jack Krawczyk, Google’s Gemini product lead, has gone dark on some of his social media profiles after facing an abundance of online harassment.

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Reddit seeking a valuation of up to $6.5 billion in IPO

Reddit is seeking a valuation of up to $6.5 billion for its upcoming IPO.

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Microsoft Edge users report serious issues following recent update

Microsoft Edge has reportedly pulled its latest update, as users experience significant issues with the web browser.
The most recent update to long-term Google Chrome competitor Microsoft Edge (122.0.2365.63) has seemingly broken the browser, with many users reporting that the browser is virtually unusable. Following the update, the bug appeared, meaning Edge couldn’t load websites, producing an error message that ‘this page is having a problem’ or that there is ‘not enough memory to open this page.’
It didn’t just affect webpages but also some “in-Edge” features, including the Settings panel, bookmarks, or even just a new tab. This left the browser almost entirely unusable. For those whose browsers update automatically, it’s left them without access to Edge’s services without any warning.
Some users find a fix for the browser issues
Luckily, some users think they’ve found a fix, as reported by Tech Radar. However, it only really helps those who haven’t experienced the glitch yet, as it involves accessing Settings that are currently inaccessible — thanks to the bug.
If you’re in that lucky group, open Edge’s Settings, go to ‘Privacy, search and services,’ then scroll down to the Security box (nearly at the bottom), find the ‘Enhance your security on the web’ option, then turn it off. This should mean you don’t experience the same issues.
However, some users have stated that this fix didn’t prevent the issue. What’s more, there’s a reason that Edge’s enhanced security is applied as standard – for security. Turning it off leaves browsers potentially vulnerable to malicious actors online.
Bleeping Computer also reports that Microsoft has rolled back the recent update, presumably to patch the bug. That means when the update is re-released, it will be bug-free and revert people’s browsers back to complete working condition. There’s no word from Microsoft when to expect this at the time of writing.
Featured image: Unsplash
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US Dollar dips as inflation data aligns with predictions

The US dollar decreased slightly following confirmation of economists’ predictions on January’s inflation data. As the Personal Consumption Expenditures (PCE) price index, the Federal Reserve‘s primary inflation measure, displayed a 0.3% increase, the dollar recorded a slight slip, symbolizing the perceived influence of inflation rates on currency strength.
Simultaneously, other notable shifts were seen in the Forex market. The euro slightly rose, the yen saw daily growth of about 0.6%, and the Australian dollar improved due to the Reserve Bank of Australia’s positive economic outlook. Conversely, the Swiss franc slightly weakened, and the Canadian dollar, correspondingly, slipped with a dip in crude oil prices.
The global foreign exchange market is persistently fluctuating due to various factors such as economic forecasts, geopolitical tensions, and central banks’ monetary policies. Amid this, other currencies are also experiencing significant changes. Of note, the yen has depreciated over 2% against the euro over the month, hitting nine-year lows against the Australian and New Zealand dollars.
The US dollar drop may be resulting from other economy’s near-zero interest rates
Economists believe the drop in the US dollar results from Japan’s central bank policies that aim to revive the stagnated economy by maintaining near-zero interest rates. The Oversea-Chinese Banking Corporation Limited (OCBC) currency strategist, Christopher Wong, suggested that unwinding yen shorts might drive bears to retreat, leading to a more bullish market sentiment.
Simultaneously, minor fluctuations were seen in the global currency market during February, with the euro and the sterling showing stability. In contrast, the Australian and New Zealand currencies experienced a downward trend, indicating a ceiling on interest rates in these southern hemisphere nations.
This report also highlighted losses for the New Zealand dollar following steady rates set by domestic central banks. The Australian dollar showed a slight increase, contrasting with a monthly drop of 0.8%, embodying investors’ cautious assessment of fiscal policies. British Pound Sterling noted a minor slump due to the Bank of England’s decision to keep interest rates steady, undermining investor confidence. The Euro gained 0.3%, hinting at the expected launch of the European Central Bank’s quantitative easing program, while the yen remained unchanged at 105.05 per US dollar.
Such shifts underline the unpredictability characterizing the global financial landscape as foreign exchange rates continue to fluctuate.
Featured Image Credit: Pixabay; Pexels
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Ukrainian YouTuber spots AI clones of herself selling Russian goods to China

Ukrainian YouTuber Olga Loiek spotted AI clones of herself selling Russian goods on Chinese social media.
In her spare time, 20-year-old Olga Loiek studies cognitive science at the University of Pennsylvania, uploading videos to YouTube about mental health and her views on the world. Not long after her channel began, she started receiving messages from followers saying they had seen her on social media.
To them, she appeared not as Ukrainian Olga but as a Russian woman who spoke Mandarin and was enthused about China, seeking to marry a Chinese man. This Russian version of her goes by several names, including Natasha, Anna, or Grace, depending on what platform you see her on.
However, this avatar has nothing to do with Olga herself. Instead, it’s an AI-generated clone based on her image and used without her consent.
AI clones are used to sell goods
In some of these videos, the clones will seek to sell Russian goods to China, while in others, they promote Russia and China’s national ties. Many of them spent time praising Chinese history and culture or talking about how Russian men want to marry Chinese women and how she herself wants to marry a Chinese man.
“If you marry Russian women, we will wash clothes, cook, and wash dishes for you every day,” one avatar said. “We will also give you foreign babies, as many as you want.”
As a Ukrainian woman and in the current climate where Russia has been at war with Ukraine since 2022, Olga has spoken to broadcaster Voice of America (VOA) about how ‘violating’ the experience has been.
“I started translating the videos with Google Translate, and I realized that most of these accounts are talking about things like China and Russia and how good the relationship between China and Russia is,” she said. “This feels very violating.”
“This is probably used to make people in China feel that foreigners feel that their country is superior.”

When Olga and her followers complained to Chinese social media sites, such as HeyGen and Douyin, several videos were taken down. However, this issue doesn’t end there, indicating a broader problem around the lack of provision to prevent people’s images from being used to feed generative AI tools. With a recent study showing that AI faces are more convincing than real ones, the risk of people believing such content is real is high.
Featured image: Olga Loiek
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Bitcoin price: crypto market hits record high, first time since 2021

For the first time since November 2021, the price of Bitcoin has surged past $60,000, setting new record highs in local currencies across numerous global markets.
The Bitcoin price rose to $63,968 on Wednesday before falling back to around $60,000. At the time of writing, it stood at $61,463, marking an increase of more than 39% year to date.
The currency has reached new peaks in various places in local terms, including in financially robust countries such as China, Japan, the U.K., and India, as well as emerging markets like Argentina, Turkey, and Egypt.
The swift rise has rekindled memories of the cryptocurrency bull market, which pushed the token to its all-time high of nearly $69,000 in November 2021, as investors rushed in, driven by the fear of “missing out” on potential further increases in price.
Some investors posted on social media about the rapid increase, celebrating the sudden surge.

#Bitcoin is forming a lower-timeframe bullish pennant, right below the last resistance before all-time highs.
Hold tight, and enjoy the ride. pic.twitter.com/AHtkCEo5Ii
— Jelle (@CryptoJelleNL) March 1, 2024

Best month ever for the fund. By far.
Not a solicitation to invest.
Shout out to the #Bitcoin growth engine.
— Dr. Jeff Ross (@VailshireCap) March 1, 2024

One anonymous analyst said that, “Bull market has started. If history is any guide, we will see ~10 months of face-melting [fear of missing out] FOMO: extreme price pumps combined with multiple -30% drops.”

RED DOT !!
Accumulation phase has ended: no more easy buying opportunities in orderly and slowly increasing markets.
Bull market has started. If history is any guide, we will see ~10 months of face melting fomo: extreme price pumps combined with multiple -30% drops. Enjoy! pic.twitter.com/8MyZJUSUlb
— PlanB (@100trillionUSD) March 1, 2024

Bitcoin ETFs make history
Last month, U.S. authorities gave the green light for the introduction of spot Bitcoin exchange-traded funds (ETFs) by prominent asset managers such as BlackRock and Invesco, setting the stage for a surge of fresh investment from individuals aiming to speculate on the cryptocurrency via a regulated framework.
“Investors should remain cautious about the myriad risks associated with Bitcoin and products whose value is tied to crypto,” stated Gary Gensler, the U.S. Securities and Exchange Commission chairman.

BREAKING: BlackRock’s Bitcoin ETF, $IBIT, hits a record $10 billion in assets under management.
This is the fastest an ETF has hit $10 billion in assets under management, at 37 trading days.
Just ~4% of all ETFs have reached the $10 billion mark.
More history made by #Bitcoin. pic.twitter.com/aCgZ7jOB2V
— The Kobeissi Letter (@KobeissiLetter) March 1, 2024

According to K33 Research as cited by the Financial Times, the 11 funds currently possess 303,000 bitcoins, valued at $18 billion, which corresponds to approximately 1.5% of the total bitcoin supply. Today (1st March), BlackRock’s Bitcoin ETF reached a record $10 billion in assets under management, reportedly marking the quickest time an ETF has achieved this milestone, in just 37 trading days.
Featured image: DALL·E / Canva
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Embracer Group to sell Saber for $500m in latest cost cutting exercise

Swedish company Embracer Group AB is set to sell Saber Interactive to a group of private investors for $500 million.
Saber is one of the gaming publishing and development arms of parent company Embracer. The company is made up of 20 individual gaming studios with 2,500 employees worldwide and has titles such as Warhammer 40,000: Space Marine 2, Jurassic Park: Survival, World War Z, and a possible reboot of Star Wars: Knights of the Old Republic in the works.
Bloomberg’s Jason Schreier broke the story and posted to X about Saber becoming a private company with a possible 3,500 employees, according to his unnamed source:

SCOOP: Saber Interactive, developer of the Star Wars: Knights of the Old Republic remake, will leave Embracer in a $500 million deal to become a privately owned company — the biggest move yet in Embracer’s ongoing cost-cutting initiative https://t.co/QzpQ2uQ9r2
— Jason Schreier (@jasonschreier) February 29, 2024

A collapsed deal with an external investor in May last year left the company needing to take “control in our own hands.”
What those hands held was SEK 16.8 billion ($1.5 billion) debt at that time and the company has made strides to reduce this debt to SEK 8 billion ($728.2 million) by the end of this month, March 31.
A translated investor earnings call showed the CEO,  Lars Wingefors stating the collapsed deal and the prospective investor could not be named for legal reasons.
“You don’t comment on business partnerships unless both partners would like to do that,” Wingefors would say. “The background given to us as to why the partnership didn’t happen was not because of the terms or the pipeline of games. It was more, ‘Yes, they would like to do something in the future, but not now,’ which became a ‘no’ for us.”
Embracer selling Saber
Now might be the time for Embracer and these investors, but it remains to be seen if this $500 million deal has anything to do with the one that collapsed back in May 2023.
What it does define is the future of certain franchises and games under the Saber banner and helps the Swedish company take a serious amount off the debt they currently have.
Warhammer 40000: Space Marine was all set for a November 2023 launch and was pushed back to August 2024 after impressive gameplay gave fans much to get excited about. The much rumored Star Wars: The Knights of the Old Republic is still in development according to Schreier, but no news has been heard as the title has been in limbo since 2022.
Borderland’s developer Gearbox Interactive, who is also owned by Embracer, has been the source of many rumors with CEO Randy Pitchford supposedly holding an all-staff meeting about developments at the company, according to Kotaku.
Embracer has already seen one of their studios fold as Volition, the creator of the Saint’s Row franchise would post to Linkedin:
The studio’s collapse was one of the first signs of financial strain under Embracer, who had purchased 27 companies during the covid-era, with Saber being one of them.
Earlier this month we reported that Embracer would continue a restructuring process that follows from its inception in June 2023.
“As part of the restructuring program, Embracer still has a few larger structured divestment processes ongoing that could strengthen our balance sheet and further reduce [capital expenditure],” Wingefors said. “Processes are in mature stages.”
It seems the Saber deal has been in the works for some time and the restructuring of the balance sheet will continue for Embracer. A close eye will be kept on the company’s movements ahead of the projected deadline of March 31 to remove the rest of the debt they still carry.
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