Edited Posts
OpenAI and SoftBank Partner to Develop Advanced Enterprise AI
Japanese investment firm SoftBank and AI startup OpenAI joined forces to develop an enterprise-grade automation AI solution called Cristal Intelligence. The solution will be customized and exclusively marketed to major Japan-based companies. SoftBank will leverage OpenAI’s technology to create custom AI agents capable of automating everyday tasks and boosting efficiency...
EU to Hold Marketplaces Like Temu Liable for “Unsafe” Products
On February 5th, the European Commission announced that online marketplaces like Shein, Temu, and Amazon Marketplace will be liable for selling “unsafe” and illegal products, as concerns rise over low-quality or dangerous e-commerce imports from Asia. The new actions announced by the European Commission require online platforms to provide relevant information before any...
DeepSeek Data Leak Exposes Over 1 Million Sensitive Records
Days after launching its low-cost, OpenAI rival model, R1, Chinese startup DeepSeek suffered a series of cyberattacks on its API interface and chat system, as well as a jailbreak. These vulnerabilities led to exposing over one million sensitive records. After taking Wall Street by storm, DeepSeek was forced to block new sign-ups due to a large-scale cyberattack. The Chinese...
Millions of Underage Students Exposed in PowerSchool Data Hack
A December 2024 breach into the PowerSchool Student Information System (SIS) exposed the personal information of 62.4 million students and 9.5 million teachers worldwide, as claimed by the hacker. A recent internal report suggests the hack might have been facilitated by a lack of basic security features. PowerSchool originally reported the attack on January 7th of this...
New York State Fines PayPal $2 Million Over 2022 Data Breach
The Department of Financial Services (DFS) for the state of New York (US) announced that it will fine PayPal $2 million USD over a 2022 data breach that exposed the personally identifiable information (PII) of tens of thousands of customers, following a years-long investigation. The original breach occurred in December 2022, when PayPal implemented site-wide changes to make...
Wix Introduces YouTube Shopping Integration
Website builder Wix announced an integration with YouTube Shopping, enabling online store owners to showcase their offerings in a store format and sell them directly on YouTube. The integration is available via the Google & YouTube app from the Wix AppMarket and requires a premium plan to activate. YouTube Shopping is a relatively new feature (launched in 2021) that...
Chinese AI App Causes US Tech Stocks to Plunge
A Chinese AI company called DeepSeek announced an advanced, inexpensive large-language model which caused US stocks to slump. "DeepSeek has taken the market by storm by doing more with less," said Giuseppe Sette, president at AI market research firm Reflexivity, in an email to CBS. "This shows that with AI the surprises will keep on coming in the next few...
EU Demands Closer Look Into X Recommendation Algorithms
On January 17, a European Union commission announced its latest measures as it continues to investigate the social media platform X over its possible violation of the Digital Services Act (DSA). The announced measures include requesting internal documentation of the company’s recommender systems, among others. Originally launched in 2023, the investigation was the first of...