#Latest startup company news
Explore tagged Tumblr posts
Text
Zomato celebrates its 16th birthday with a self-roast comedy show
#Startup news#Latest startup company news#Entrepreneurship#Best startup companies#Startup industry trends#New startups#Startup success stories#Innovative startups#Startup ecosystem news#Startup funding updates
1 note
·
View note
Text
"Businesses like to talk about the concept of a closed loop or circular economy, but often they’re trying to close small loops. Releaf Paper takes dead leaves from city trees and turns them into paper for bags, office supplies, and more—which is to say they are striving to close one heck of a big loop.
How big? Six billion trees are cut down every year for paper products according to the WWF, producing everything from toilet paper to Amazon boxes to the latest best-selling novels. Meanwhile, the average city produces 8,000 metric tons of leaves every year which clog gutters and sewers, and have to be collected, composted, burned, or dumped in landfills.
In other words, huge supply and huge demand, but Releaf Paper is making cracking progress. They already produce 3 million paper carrier bags per year from 5,000 metric tons of leaves from their headquarters in Paris.
Joining forces with landscapers in sites across Europe, thousands of tonnes of leaves arrive at their facility where a low-water, zero-sulfur/chlorine production process sees the company create paper with much smaller water and carbon footprints...
“In a city, it’s a green waste that should be collected. Really, it’s a good solution because we are keeping the balance—we get fiber for making paper and return lignin as a semi-fertilizer for the cities to fertilize the gardens or the trees. So it’s like a win-win model,” [Valentyn] Frechka, co-founder and CTO of Releaf Paper, told Euronews.
Releaf is already selling products to LVMH, BNP Paribas, Logitech, Samsung, and various other big companies. In the coming years, Frechka and Sobolenka also plan to further increase their production capacity by opening more plants in other countries. If the process is cost-efficient, there’s no reason there shouldn’t be a paper mill of this kind in every city.
“We want to expand this idea all around the world. At the end, our vision is that the technology of making paper from fallen leaves should be accessible on all continents,” Sobolenka notes, according to ZME Science."
-via Good News Network, August 15, 2024
#trees#plants#paper#paper products#sustainability#deforestation#green waste#green waste removal#ukraine#france#paris#good news#hope
5K notes
·
View notes
Link
#best edtech companies to work for#best app for startup news#latest science and technology news#science and tech
0 notes
Text
A Fond Farewell
With Rooster Teeth beginning its draw down, an era has truly passed. The company has lasted more than two decades. 18 (soon 19) seasons, five mini-series, and cameos and references in Halo itself for Red vs Blue. 9 volumes alongside two movies, a chibi series, Ice Queendom, and its own games for RWBY. And so much more beyond that, RT Shorts, podcasts, Achievement Hunter, The Slow Mo Guys, and on and on. That’s a lot, especially for a little startup launching off a web series. I was listening to “This Isn’t Goodbye, It’s See You Later” by Richie Branson while I was making this little memorial post. It’s a song made for another Rooster Teeth show, Camp Camp, and I have to say it’s some very appropriate music for this moment.
The day the news dropped, I wrote up a little comment in response to Rooster Teeth beginning its closing down, and I thought I’d share some of it here. I grew up with Rooster Teeth, a bit of a cheesy line I know, but it’s true for a lot of us. I was just a little kid way back in the early 2000’s, a kid that liked Halo (a game I didn’t even own for a long time, but played at a friend’s house), and was just getting curious about what I could find about it on YouTube. And that brought me into the world of music videos and skits and montages made for that little game I liked.
From there, I discovered a small web series called Red vs. Blue. I’d sneak onto my folk’s computer to watch it since they didn’t appreciate the language, and in doing so I dipped my toes into the wide world of the internet for the first time. As I got older, I eventually hopped onto Reddit for its discussion threads of Rooster Teeth’s latest show, RWBY. I began my first in-depth fandom interactions, speculating about the show, enjoying the flood of fanart, even got into fanfics about RWBY (those fics have had their own amazing evolution alongside the show) and to this day it’s the fandom I’ve followed and bookmarked the most fics from. All the while I was making friends and bonding with people through the community this company and its shows have created.
Watching the shows and people grow over time was, looking back on it, just like watching myself grow. I was never really a social media/internet kind of guy, until it came to Rooster Teeth. The shows, shorts, podcasts, it all opened up a whole new world for me. It’s sad to see it coming to a close, and I hope it gets picked up in the future. But I’m happy, too, that it’s left so much behind, and had such an impact on me. It’s left me with so many good memories. Rooster Teeth, its shows, those that created and worked on it, and above all the community around it will always have a special place in my heart.
So, I bid a fond farewell to Rooster Teeth and its crew, and anyone who may drift away from the fandom in time. I wish you all the best.
#rwby#red vs blue#rooster teeth#rvb#jaune arc#weiss schnee#ruby rose#yang xiao long#blake belladonna#lie ren#nora valkyrie#memorial post#save rwby#crwby#greenlight volume 10#rwby white knight#white knight#rwby whiteknight#jaune x weiss#jaune arc x weiss schnee#rwby bumblebee#yang x blake#pyrrha nikos#cinder fall#james ironwood#arthur watts#fandom#thank you
260 notes
·
View notes
Text
In July 2020, a 72-year-old attorney posing as a delivery person rang the doorbell at US district judge Esther Salas’ house in North Brunswick, New Jersey. When the door opened, the attorney fired a gun, wounding the judge’s husband—and killing her only child, 20-year-old Daniel Mark Anderl.
The murderer, Salas said, had found her address online and was outraged because she hadn’t handled a case of his client fast enough. In her despair, Salas publicly pleaded, “We can make it hard for those who target us to track us down … We can't just sit back and wait for another tragedy to strike.”
She wanted judges to be able to keep their home addresses private. New Jersey lawmakers delivered. Months after the murder, they unanimously enacted Daniel’s Law. Today, current and former judges, cops, prosecutors, and others working in criminal justice can have their household’s address and phone numbers withheld from government records in the state. They also can demand that the data be removed from any website, including popular tools for researching people such as Whitepages, Spokeo, Equifax, and RocketReach.
Companies that don’t comply within 10 business days have to pay a penalty of at least $1,000. This makes New Jersey’s law the only privacy statute in the US that guarantees people a court payout when requests to keep information private are ignored.
That provision is being put to a consequential test.
In a pile of lawsuits in New Jersey—drummed up by a 41-year-old serial entrepreneur named Matt Adkisson and five law firms, including two of the nation’s most prominent—about 20,000 workers, retirees, and their relatives are suing 150 companies and counting for allegedly failing to honor requests to have their personal information removed under Daniel’s Law.
These companies, which Adkisson estimates generate $150 billion annually in sales, may now be on the hook for $8 billion in penalties. But what’s more important to him is the hope that this narrow New Jersey law could act as a wedge to force data brokers to stop publishing sensitive data about people of all professions nationwide. He’s hoping that this multibillion-dollar pursuit, with its army of union cop households, may be a catalyst for better personal privacy for us all.
If he doesn’t win, the oft-derided data broker industry would have proved that it has a right under the First Amendment to publish people’s contact information. Websites could avoid further regulation, and no one in the US may ever be guaranteed by law to become less googleable. “I never thought we would have such a hard time, that it would turn into such a battle,” Adkisson says. “Just home address, phone number, remove it. One state. Twenty-thousand people.”
This is the first definitive account of how the fate of one of the country’s most intriguing privacy laws came to rest on the shoulders of Adkisson’s latest tech startup, Atlas.
Matt Adkisson is almost your prototypical lifelong entrepreneur. He quit high school at 16 to code video games and small-business websites. His parents insisted, though, that he audit classes across the street from their home, at the US Naval War College in Rhode Island. So he began learning about national security. One lesson he picked up: When judges live in fear and can’t rule impartially, democracies can wither.
But saving democracy wasn't his passion. Making money was. He headed off to the Massachusetts Institute of Technology with designs on becoming a consultant or investment banker, but dropped out before senior year. Like so many other young people in the midst of the Web 2.0 frenzy, he had an entrepreneurial itch. Without telling them, Adkisson cashed out his parents’ tuition payment, and in 2006, he and a friend slept under office desks for a month before founding a company called FreeCause with Adkisson’s brother to develop marketing tools for Facebook games. Adkisson later bought shares of the nascent social media startup. Both bets paid millions. In 2009, FreeCause sold for about $30 million.
Adkisson upgraded to nights on a friend’s couch in San Francisco, where he used his wealth to invest in or start dozens of other software companies. As they sold, he became a comfortable multimillionaire. It was his last big deal, in 2018, that set him down the path of privacy crusader. He had sold Safer, which developed a Google Chrome competitor called Secure Browser, to antivirus maker Avast for about $10 million.
Adkisson and a cofounder recall that during a meeting over lakeside beers near offices in Friedrichshafen, Germany, after the deal closed, an Avast executive demanded they feed search activity from Secure Browser’s millions of users to Jumpshot, a sibling unit that was selling antivirus users’ browsing history to companies wanting to study consumer trends.
Adkisson stood to make millions of dollars in bonuses from the proposed integration. He refused. It was too intrusive to share that intimate data, he says, and a violation of trust. (Avast declined to comment on the episode. It shuttered Jumpshot, and this year agreed to pay $16.5 million to settle US government charges over the service’s allegedly deceptive data usage.)
Adkisson left Avast in December 2020 thinking he would keep adding to his portfolio of over 300 startup investments or pursue something in AI, like automating brushstrokes to create on-demand oil paintings. But he couldn’t shake the Friedrichshafen incident. For his web browsing, he started to use VPNs and the privacy-focused search engine DuckDuckGo. He tried to get websites to remove his new East Coast home address. Those efforts mostly failed; companies had no obligation to comply.
These websites that sell addresses or phone numbers typically get that data by buying voter or property records from governments, and user account details from companies willing to deal. The easy access to data enabled by the aggregators can be vital to services like identity verification or targeted advertising. But the customers also can include people who are looking for an old friend. Or investigating a crime. Or someone with a grudge against, say, a judge.
As Adkisson dug into the data broker industry in 2021, he read about how a law that went into effect the year before had given Californians a right to demand companies delete their personal information. So Adkisson and two cofounders launched a service they called RoundRobin, to help Californians do just that for a fee. Services like DeleteMe and Optery were already selling deletion assistance, but Adkisson felt they were more marketing spin than serious tech.
RoundRobin joined the well-known startup accelerator Y Combinator in April 2021 and began developing software to simplify making requests. But the startup had no way to enforce the takedowns it wanted to charge customers for; only California’s attorney general could sue for violations of the nascent law. Data websites ignored RoundRobin.
Given Adkisson’s pedigree, investors held out hope. California privacy activist Tom Kemp, Lightspeed Venture Partners, and others invested about $2 million in RoundRobin that August. But the struggle continued. The cofounders renamed the company to the more serious-sounding Atlas Data Privacy in January 2022. It didn’t help. But then, a break. Just as Adkisson was considering giving up and his initial cofounders were pulling out, a relative of his in California who had worked in law enforcement mentioned Daniel Anderl’s murder—and the law it inspired in New Jersey. “Fate delivered the Garden State,” Adkisson says.
He soon reached out to law enforcement experts, including a former Boston police commissioner and a retired Navy rear admiral. The two told Adkisson stories about cops who were attacked in their homes. They urged him to press on.
The first organization to return Adkisson’s cold calls was the New Jersey State Policemen's Benevolent Association, the state’s largest police union. They said a few of the organization’s 31,000 members needed help containing some inadvertently leaked contact information. Adkisson and a cofounder, J.P. Carlucci, took a stab. Despite limited success, union members were excited by Adkisson’s moxy. In July 2022, a union leadership group voted unanimously to offer Atlas’ service as a benefit to members with the intention of using Daniel’s Law to demand websites remove phone numbers and addresses. The cost, spread across all members paying for the union’s legal protection plan, was hundreds of thousands of dollars annually, Adkisson says.
In August 2022, with the deal signed and thousands of members soon enrolled, Atlas established headquarters in Jersey City, New Jersey, and set out to prove it could deliver better results than back in California. For that, it needed litigation power.
The first six law firms Adkisson called refused to take up the New Jersey cases. They worried about their financial return and the likelihood of success. Judges had discretion over the $1,000 payouts, plaintiffs had to prove physical harm, and to even bring a case, attorneys had to mobilize each plaintiff individually. It wasn’t a good equation.
Over seafood in San Francisco on the waterfront, one attorney sketched out for Adkisson revisions to Daniel’s Law that could make Atlas’ job easier. Adkisson took those suggestions back to the police union, which in turn used its weight in Trenton to push lawmakers to enact the changes. By December 2022, legislators introduced amendments requiring judges to impose financial penalties on websites that failed to honor removal requests, allowing those covered by the law to sue more liberally, and enabling attorneys to more easily bring big cases. In July 2023, just after the third anniversary of Daniel’s murder, the governor signed these amendments into law.
Atlas stayed focused on recruiting more users, from the police union and beyond. Newly hired staff—the company grew to a total of eight people—learned the lingo, like don’t refer to state troopers as “officers.” Adkisson let clients call him directly 24/7 for technical support. He drove his Jeep Cherokee more than 50,000 miles to every corner of the state. The Atlas team spent 18 hours on back-to-back days at a correctional facility to catch every shift, plying union guards with Crumbl Cookies and Shake Shack. “Word started to spread, like, ‘Who the hell are these people?’” Adkisson says. “That brought us credibility.”
Days before last Christmas, Atlas finished the software for users to select the companies to which they wanted to send emailed data removal requests. The tired team gathered over Zoom watching a tally rise as the emails landed in data brokers’ inboxes. Altogether, Atlas would deliver 40 million emails to 1,000 websites on behalf of roughly 20,000 people over the next five months.
Helping users with only the easy targets—the ad-supported websites that tend to pop up when googling someone’s name—“would have been a band-aid on a wound that needed much deeper treatment,” Adkisson says. To provide what it viewed as comprehensive support and more than what competitors offer, Atlas also was facilitating takedown requests to mainstream services such as Zillow and Twilio. They tend to supply data through fee-supported advanced tools that don't pop up on a standard Google query.
Twilio denies that it provides data subject to Daniel’s Law. Zillow didn’t respond to WIRED’s requests for comment. Atlas, Adkisson says, spent about $1.3 million in labor and fees to verify websites it targeted were actually providing home addresses and phone numbers.
The startup got its first response on December 26. Red Violet, whose Forewarn data dossiers help real estate agents vet potential clients, was demanding Atlas cease and desist, erroneously claiming that Daniel’s Law applied only to government agencies and not private companies. Adkisson had expected the legal teeth of the updated Daniel's Law to inspire widespread compliance. This was a rough start. “Demoralizing,” Adkisson says.
Other companies responded with demands to see ID cards of Atlas clients, apparently suspicious that the startup was making up its customers or people demanding takedowns were pretending to work in law enforcement just to be covered by the law. Adkisson told one company they could call requestors to authenticate demands. After all, it had their numbers. Another company suggested that if Atlas clients wanted anonymity, they should have used an LLC to buy property instead of their own names.
Akisson says the most retaliatory response came from LexisNexis, which lets police and businesses search for people's contact information and life history, typically for investigations and background checks. He alleges that instead of removing Atlas clients’ phone numbers and addresses from view, LexisNexis needlessly froze their entire files in its system, impeding credit checks some were undergoing for loan applications.
LexisNexis spokesperson Paul Eckloff disputes that freezing was an overreach. The company deemed that step as necessary to honor the requests submitted by Atlas users to not disclose their data. “This company couldn’t be more dedicated to supporting law enforcement,” he says. “We would support common sense protections.” But he described Daniel’s Law as overly punitive.
To Adkisson, the people being punished were the cops, judges, and other government workers he had met on his Jeep excursions through New Jersey. Among them were police officers Justyna Maloney, 38, and her husband, Sergeant Scott Maloney, 46, who work in Rahway, a tiny city along the border with New York City.
In April 2023, Justyna was filmed by a YouTuber who runs the channel Long Island Audit, which has over 842,000 subscribers. He often films himself trying to goad police into misbehavior, and Justyna asking him to leave a government office became his newest viral hit. Followers inundated the Rahway Police’s Facebook page with about 6,500 comments, including death threats, slurs, and links to the Maloneys’ address and phone numbers on SearchPeopleFREE.com and Whitepages. Scott says Facebook wouldn’t remove the comments linking to the contact information. Neither would the police department, citing First Amendment concerns. Tensions boiled.
In August 2023, Scott received texts demanding $3,000 or “your family will be responsible for paying me in blood.” The texts listed his sister’s name and address. An hour later, the same number sent a video of two ski-masked individuals bearing guns inside an unknown location. Atlas wasn’t up and running yet, so Scott, determined to delete all his family’s contact data online, sat on his lagoonside deck every evening for weeks, crushing Michelob Ultras to stay calm as he navigated takedown forms. He put in so many requests to Whitepages for his family that it barred him from making more.
The Facebook comments linking to the Maloneys’ address only came down after they sued their bosses last November for violating Daniel’s Law. This past January, a state judge ruled that the risk to the couple “far outweighs” potential harm to the police department from censorship complaints.
As Adkisson looked to sue noncompliant data websites, he had no trouble signing up the Maloneys as plaintiffs. And because Daniel’s law now made it possible, thanks to Atlas and the police union’s lobbying, to collect guaranteed penalties from data websites, Adkisson had been able to secure five law firms, including prominent national firms Boies Schiller Flexner and Morgan & Morgan, and some attorneys who personally knew the Daniel of “Daniel’s Law.”
On February 6, Atlas and the legal team began filing lawsuits, naming the Maloneys and about 20,000 other clients as plaintiffs. In state court, 110 cases remain unresolved across five different counties. Thirty-six lawsuits are being contested in federal court before Judge Harvey Bartle III, who is based in Philadelphia but commutes across the Delaware River to Camden, New Jersey, because judges based in the state were conflicted out by virtue of being eligible for Daniel’s Law protections.
Eight defendants quickly filed motions to dismiss in state court, but they were all denied. At the federal level, most companies are arguing together that the New Jersey statute violates their First Amendment right to freedom of speech. It’s an argument that’s allowed personal information to stay online before. Federal courts have given leeway to publication of lawmakers’ contact information and actors’ birthdates, leaving doubts over whether cops and judges and their homes and phones would fare any better.
Defendants have told Bartle to consider a US Supreme Court decision in 2011 that found a law in Vermont that protected doctors’ privacy unreasonably singled out data use by drugmakers. Atlas’ foes view Daniel’s Law as similarly arbitrary because it holds New Jersey agencies to different standards than their companies when it comes to keeping data private. They also say it’s unfair that they must remove numbers that cops still list on personal websites.
Some companies fighting the lawsuits note that the $1,000 penalty that the law guarantees may lead to companies acting out of fear and removing more data than needed, or honoring requests that are actually invalid. What’s more, these defendants say that Atlas’ true motivation is money. They claim that instead of trying to quickly protect those already signed up when last year’s amendments passed, Atlas sought out more users to run up the potential monetary judgment and duped them into paying for protections they could exercise for free themselves.
Adkisson disputes the accusations. He says Atlas needed time to finish its platform and ensure it was able to properly log usage, so that judges wouldn’t dismiss cases based on technicalities like takedown requests ending up in spam folders. The startup also won’t be profiting from the lawsuit, he says. Two-thirds of any proceeds will go to the users represented; anything he and Atlas are left with after covering the costs of bringing the lawsuits would be donated to law enforcement charities and privacy advocacy groups through Atlas’ nonprofit arm, Coalition for Data Privacy and Security. Privacy is “a very real, tactical, and visceral need,” Adkisson says.
He was reminded of that this past May when he took WIRED in his Jeep to meet with Peter Andreyev, a cop in Point Pleasant Beach, New Jersey, and president of the statewide Policemen's Benevolent Association. Around dusk that day, Adkisson handed Andreyev a search result for his name on DataTree.com, a website that sells property records. Andreyev slipped on his black-rimmed glasses and brought his linebacker figure toward a conference table to review the page. It took him just two seconds to tense up. “Oh shit,” he said.
He stared at a street-view image of his home, and a birds-eye shot with his address overlaid. The square footage was in there too, for good measure. His head visibly rattling and legs restless, Andreyev pounded the table. “I—I’m pretty infuriated by this.”
Like many law enforcement officers, the 51-year-old rarely goes a day without nightmares about some known thug or detractor attacking him and his family. The DataTree printout reinforced for him that it would take just a few clicks for anyone to target him in the vulnerability of his own home. WIRED pulled up Andreyev’s report from DataTree with just a free trial.
As Andreyev continued to study the page, Adkisson pointed out something he viewed as particularly galling. In February, Atlas had sued First American, the $6 billion title insurance company that operates DataTree, for allegedly not complying with removal requests. Andreyev had been listed as one of the lead plaintiffs, alongside the Maloneys. In the following weeks, DataTree removed Andreyev’s address from one section of the search result for his name but left it up on the map that Andreyev was now staring at. “That’s no way compliant,” Andreyev said. “Fuck, it pisses me off.” First American declined to comment. As the legal battle plays out, Andreyev says he's left to continue looking over his shoulder—even at home.
The antidote of making officers more difficult to find could require greater creativity from those investigating or advertising to them, says Neil Richards, a Washington University School of Law professor and author of Why Privacy Matters. But it doesn’t make the work impossible. Richards, who isn’t involved in the Atlas litigation, says courts need to recognize that “privacy protections are a fundamental First Amendment concern, and one that's even more important than a company's ability to make money trafficking in phone numbers and home addresses.”
In the coming months, Judge Bartle will decide whether cops and judges living in fear imperils public safety. If so, he’ll have to settle whether Daniel’s Law is the least onerous solution. A loss for Atlas and its clients would effectively be treating “anything done with information” as free expression, Richards says, and stymie further attempts to regulate the digital world.
On the other hand, a victory for Atlas could be a boon for its business. Adkisson says tens of thousands of people across the country have joined the company’s waiting list: prison nurses, paramedics, teachers. All of them, he adds, anticipating someday gaining the same removal power as New Jerseyans. Since the beginning of 2023, at least seven states have passed similar measures to Daniel’s Law. None of those, however, include the monetary penalty that gets lawyers interested in pursuing enforcement. “Step one is, win here,” Adkisson says, referring to New Jersey.
After the dispiriting start, he thinks momentum is swinging in Atlas’ favor. In August, the startup raised its first funding since 2021, about $8.5 million in litigation financing and equity investment.
Adkisson says compliance with more recent removal requests is increasing, and a few defendants are settling. In September, a state judge approved the first deal, in which NJParcels.com owner Areaplot admitted to 28,230 violations of Daniel’s Law and accepted five years of oversight. PogoData, a revenue-less website that had made property owners’ names searchable, settled this month. Bill Wetzel, its 79-year-old hobbyist owner, would owe $20 million for breaching the deal but he says he supports removing names of officers in harm’s way.
Then again, against the better-funded defendants with more at stake and unpredictable courts, Adkisson recognizes that a broader victory for privacy and Atlas is uncertain. In telling his story, he wants to ensure there’s opportunity for people to learn from any missteps if Atlas fails. But his advisers, including former boss Steve Avalone, don’t expect Adkisson to give up easy. They describe him as the ultimate gadfly—unorthodox, tenacious, and wealthy. “There’s few people with that horsepower and that charisma,” Avalone says.
For his part, Adkisson says he’s driven by a sad truth. The tragedies, fueled in part by contact information online, that judge Salas wanted to bring an end to after her son’s murder haven’t stopped. Last October, a man allegedly shot to death Andrew Wilkinson, a Maryland state judge, who hours earlier had denied the man custody of his child. The National Center for State Courts said it was the third targeted shooting of a state judge in as many years.
Maryland investigators say they believe the now-deceased assailant found Wilkinson’s address online, though they never recovered definitive evidence beyond a search query for the judge’s name. When he heard about the murder the day it happened, Adkisson immediately googled Wilkinson. His address was right there.
23 notes
·
View notes
Text
Prosecutors say Joanna Smith-Griffin inflated the revenues of her startup, AllHere Education.
Smith-Griffin is accused of lying about contracts with schools to get $10 million in investment.
AllHere, which spun out of Harvard's Innovation Lab, was supposed to help reduce absenteeism.
Federal prosecutors have charged the founder of an education-technology startup spun out of Harvard who was recognized on a 2021 Forbes 30 Under 30 list with fraud.
Prosecutors in New York say Joanna Smith-Griffin lied for years about her startup AllHere Education's revenues and contracts with school districts. The company received $10 million under false pretenses, the indictment says.
AllHere, which came out of Harvard Innovation Labs, created an AI chatbot that was supposed to help reduce student absenteeism. It furloughed its staff earlier this year and had a major contract with the Los Angeles Unified School District, the education-news website The 74 reported. The company is currently in bankruptcy proceedings.
Smith-Griffin was featured on the Forbes 30 Under 30 list for education in 2021. She's the latest in a line of young entrepreneurs spotlighted by the publication — including Sam Bankman-Fried, Charlie Javice, and Martin Shkreli — to face criminal charges.
More recently, the magazine Inc. spotlighted her on its 2024 list of female founders "for leveraging AI to help families communicate and get involved in their children's educational journey."
"The law does not turn a blind eye to those who allegedly distort financial realities for personal gain," US Attorney Damian Williams said in a statement.
Prosecutors say Smith-Griffin deceived investors for years. In spring 2021, while raising money, she said AllHere had made $3.7 million in revenue the year before and had about $2.5 million on hand. Charging documents say her company had made only $11,000 the year before and had about $494,000 on hand. The company's claims that the New York City Department of Education and the Atlanta Public Schools were among its customers were also false, the government says.
AllHere's investors included funds managed by Rethink Capital Partners and Spero Ventures, according to a document filed in bankruptcy court.
Smith-Griffin was arrested on the morning of November 19 in North Carolina, prosecutors say.
Harvard said Smith-Griffin received a bachelor's degree from Harvard Extension School in 2016. According to an online biography, she was previously a teacher and worked for a charter school. Representatives for Forbes and Inc. didn't immediately respond to a comment request on Tuesday. A message left at a number listed for Smith-Griffin wasn't returned.
13 notes
·
View notes
Text
Good News From Israel
In the 3rd Mar 24 edition of Israel’s good news, the highlights include:
An IDF veteran drove over 130 miles to take charge of Oct 7 rescue operations.
Israeli sunshine can help grow large families.
A mother of 3 secretly oversees the development of David’s Sling.
An Israeli pesticide makes weeds infertile.
A war cannot stop Israelis from starting new companies.
More sports gold medals for Israelis.
A brave rescued Israeli female hostage has returned to army service.
Read More: Good News From Israel
Not even a war can stop Israel building on its 75-years of success in rebuilding a Jewish State. Israel continues to build up its basket of subsidized medical treatments, create new remedies for global diseases, discover the secret for building bigger families, and construct medical centers for rehabilitating the injured. The latest news includes the Israeli woman who oversees the building of Israel's missile defense system; an Israeli app that rebuilds broken speech into coherent conversation; and 30 Israeli NGOs rebuilding lives in Africa. Israeli startups are restoring the environment, while building efficient EV batteries, hydrogen-powered flying cars, and creating sustainable aviation fuel. Meanwhile, many Jewish citizens of Europe and the US are realizing that now it is the time to build a new life in Israel. The photo (TY Sharon) is of Jerusalem's Hurva and the Tiferet synagogues, rebuilt and being rebuilt, after being blown up by the Jordanian army in 1948.
#AI#Australia#Christians#climate change#displaced#EV batteries#fertility#Gaza#good news#Hamas#hostages#IDF#Israel#Jerusalem#Jewish#medication#migraine#pesticides#startups#survivors
24 notes
·
View notes
Text
EGlogics Softech Launches Innovative Plumbing SEO Services to Transform Digital Presence for Plumbing Businesses
Noida, India – EGlogics Softech, a leading IT company renowned for its expertise in web design, development, and SEO, is proud to announce the expansion of its service portfolio with the introduction of specialized Plumbing SEO Services. This strategic move is designed to cater to the unique digital marketing needs of plumbing businesses, aiming to boost their online visibility, attract more customers, and ultimately drive growth.
Since its establishment in 2013, EGlogics Softech has been at the forefront of delivering cutting-edge IT solutions and services. With a rich history of over 950 successful projects, the company has proven its ability to create exceptional user experiences that not only meet but exceed client expectations. The introduction of Plumbing SEO Services is a testament to EGlogics Softech's commitment to innovation and its dedication to addressing the evolving needs of its diverse clientele, which ranges from startups to Fortune 500 enterprises.
The new Plumbing SEO Services are meticulously crafted to address the specific challenges faced by plumbing businesses in the digital landscape. From optimizing website content for relevant keywords to improving local search visibility, these services are designed to ensure that plumbing companies stand out in a crowded online space. By leveraging EGlogics Softech's deep understanding of SEO best practices and the latest digital marketing trends, plumbing businesses can expect a significant improvement in their search engine rankings, leading to increased website traffic and more service inquiries.
"Understanding the unique digital marketing challenges faced by plumbing businesses has been key to developing our Plumbing SEO Services," said a spokesperson for EGlogics Softech. "We are excited to offer a solution that not only enhances online visibility but also drives tangible results, helping our clients to thrive in a competitive market."
EGlogics Softech's commitment to excellence and customer satisfaction is evident in its impressive track record and the trust placed in it by over 500 clients worldwide. With its team of skilled professionals, proven methodologies, and deep domain knowledge, EGlogics Softech is well-positioned to deliver high-quality, results-driven SEO solutions to plumbing businesses looking to elevate their digital presence.
About EGlogics Softech:
EGlogics Softech is a trusted IT company that has been delivering a wide range of software development and IT services since 2013. Specializing in eCommerce, custom web applications, and SEO, EGlogics Softech combines proven methodologies, business domain knowledge, and technology expertise to deliver solutions that drive success. With a commitment to quality and customer satisfaction, EGlogics Softech has become a preferred partner for over 500 clients worldwide, ranging from startups to Fortune 500 companies.
For more information about EGlogics Softech and its Plumbing SEO Services, please visit https://www.eglogics.com/ or contact:
India Office: D-23, 2nd Floor, Sector-63, Noida, 201301 India Ph. No. +91 - 7065572572
UK Office: 2 Maning Way, Lancaster Business Park, Caton Road, Lancashire, LA1 3SU Ph. No. +44 208 0895502
US Office: Ph. No. +1 917 728 1217
Email: [email protected]
Website: https://www.eglogics.com/
7 notes
·
View notes
Text
India’s Tech Sector to Create 1.2 Lakh AI Job Vacancies in Two Years
India’s technology sector is set to experience a hiring boom with job vacancies for artificial intelligence (AI) roles projected to reach 1.2 lakh over the next two years. As the demand for AI latest technology increases across industries, companies are rapidly adopting advanced tools to stay competitive. These new roles will span across tech services, Global Capability Centres (GCCs), pure-play AI and analytics firms, startups, and product companies.
Following a slowdown in tech hiring, the focus is shifting toward the development of AI. Market analysts estimate that Indian companies are moving beyond Proof of Concept (PoC) and deploying large-scale AI systems, generating high demand for roles such as AI researchers, product managers, and data application specialists. “We foresee about 120,000 to 150,000 AI-related job vacancies emerging as Indian IT services ramp up AI applications,” noted Gaurav Vasu, CEO of UnearthInsight.
India currently has 4 lakh AI professionals, but the gap between demand and supply is widening, with job requirements expected to reach 6 lakh soon. By 2026, experts predict the number of AI specialists required will hit 1 million, reflecting the deep integration of AI latest technology into industries like healthcare, e-commerce, and manufacturing.
The transition to AI-driven operations is also altering the nature of job vacancies. Unlike traditional software engineering roles, artificial intelligence positions focus on advanced algorithms, automation, and machine learning. Companies are recruiting experts in fields like deep learning, robotics, and natural language processing to meet the growing demand for innovative AI solutions. The development of AI has led to the rise of specialised roles such as Machine Learning Engineers, Data Scientists, and Prompt Engineers.
Krishna Vij, Vice President of TeamLease Digital, remarked that new AI roles are evolving across industries as AI latest technology becomes an essential tool for product development, operations, and consulting. “We expect close to 120,000 new job vacancies in AI across different sectors like finance, healthcare, and autonomous systems,” he said.
AI professionals also enjoy higher compensation compared to their traditional tech counterparts. Around 80% of AI-related job vacancies offer premium salaries, with packages 40%-80% higher due to the limited pool of trained talent. “The low availability of experienced AI professionals ensures that artificial intelligence roles will command attractive pay for the next 2-3 years,” noted Krishna Gautam, Business Head of Xpheno.
Candidates aiming for AI roles need to master key competencies. Proficiency in programming languages like Python, R, Java, or C++ is essential, along with knowledge of AI latest technology such as large language models (LLMs). Expertise in statistics, machine learning algorithms, and cloud computing platforms adds value to applicants. As companies adopt AI latest technology across domains, candidates with critical thinking and AI adaptability will stay ahead so it is important to learn and stay updated with AI informative blogs & news.
Although companies are prioritising experienced professionals for mid-to-senior roles, entry-level job vacancies are also rising, driven by the increased use of AI in enterprises. Bootcamps, certifications, and academic programs are helping freshers gain the skills required for artificial intelligence roles. As AI development progresses, entry-level roles are expected to expand in the near future. AI is reshaping the industries providing automation & the techniques to save time , to increase work efficiency.
India’s tech sector is entering a transformative phase, with a surge in job vacancies linked to AI latest technology adoption. The next two years will witness fierce competition for AI talent, reshaping hiring trends across industries and unlocking new growth opportunities in artificial intelligence. Both startups and established companies are racing to secure talent, fostering a dynamic landscape where artificial intelligence expertise will be help in innovation and growth. AI will help organizations and businesses to actively participate in new trends.
#aionlinemoney.com
2 notes
·
View notes
Text
Bennett University: A Leading Destination for Quality Higher Education
When it comes to choosing the right university, students are not just looking for academic excellence but also for institutions that provide holistic development. Bennett University, located in Greater Noida, Uttar Pradesh, is emerging as a prime destination for higher education in India. Established by the Times of India Group in 2016, Bennett University is dedicated to empowering students with cutting-edge skills and global perspectives.
Why Bennett University Stands Out
1. World-Class Curriculum
Bennett University offers a range of undergraduate, postgraduate, and doctoral programs designed in collaboration with leading global institutions. The curriculum is tailored to meet the demands of a rapidly evolving job market, especially in areas like engineering, management, law, and media.
The University emphasizes experiential learning, ensuring that students are equipped with practical skills to excel in real-world scenarios. The faculty includes accomplished academicians and industry professionals, providing students with invaluable insights into their fields.
2. Industry Partnerships and Internships
Bennett University has strong collaborations with leading companies, offering students unparalleled exposure to industry trends. These partnerships open up a wide array of opportunities, including internships and live projects, where students can apply their theoretical knowledge in a practical setting.
The University’s ties with global giants like Microsoft, Amazon Web Services (AWS), and IBM enable students to participate in exclusive training sessions, hackathons, and innovation challenges.
3. State-of-the-Art Infrastructure
The Bennett University campus is designed to foster an environment conducive to learning and innovation. Spread over 68 acres, the campus boasts modern classrooms, laboratories, and research centers. The University is equipped with the latest technological tools to provide students with a world-class education experience.
Additionally, the university offers excellent hostel facilities, libraries, recreational spaces, and sports amenities to ensure that students have a well-rounded campus life.
4. Global Exposure and International Collaborations
What truly sets Bennett University apart is its global outlook. The institution has partnered with internationally renowned universities, including Georgia Tech, Johnson Cornell, and Babson College, allowing students to gain global exposure through exchange programs, joint research initiatives, and international conferences.
This international collaboration enables students to understand global academic and professional standards, making them highly competitive in the global job market.
5. Entrepreneurship and Innovation Ecosystem
Bennett University is committed to nurturing the entrepreneurial spirit among students. The Center for Innovation and Entrepreneurship (CIE) is a hub where students can work on innovative ideas and develop them into market-ready products. The CIE provides mentorship, incubation, and funding opportunities to budding entrepreneurs.
With the growing startup culture in India, Bennett’s focus on entrepreneurship ensures that students are ready to contribute to and lead new ventures.
6. Placements and Career Support
Bennett University has a dedicated placement cell that works tirelessly to ensure that students secure positions in top companies. The university has an impressive placement record, with graduates being hired by leading multinational corporations such as Google, Deloitte, Microsoft, and Tata Consultancy Services.
The placement team also offers career counseling, soft skills training, and interview preparation to help students present themselves confidently to prospective employers.
Courses Offered at Bennett University
Bennett University offers a diverse range of courses across multiple disciplines:
Engineering: B.Tech (in various specializations including Computer Science, Electronics, and Biotechnology)
Management: BBA, MBA
Law: BA LLB (Hons.), BBA LLB (Hons.)
Media and Liberal Arts: BA (Journalism and Mass Communication), BA Liberal Arts
Doctoral Programs: Ph.D. in various fields
Each program is designed to provide in-depth knowledge while fostering critical thinking and problem-solving skills.
Campus Life at Bennett University
Campus life at Bennett is vibrant, with a wide range of cultural, social, and academic activities. The university organizes frequent guest lectures, workshops, and seminars to enrich students’ learning experiences. Moreover, Bennett has numerous student clubs and societies that cater to a variety of interests, from performing arts to robotics and coding.
Sports enthusiasts also have ample opportunities to engage in activities such as cricket, basketball, football, and swimming. With its blend of academics and extracurricular activities, Bennett University ensures that students develop both personally and professionally.
Why Choose Bennett University?
Choosing Bennett University is about more than just earning a degree. It’s about becoming part of a community that is committed to excellence, innovation, and leadership. With its focus on holistic development, Bennett University ensures that students are prepared to take on challenges, drive change, and lead in their respective fields.
For students looking for a university that offers world-class education, industry exposure, and global opportunities, Bennett University is the perfect choice.
#Bennett University#Quality Higher Education#Global Exposure#education#educationnews#universities#colleges#admissions#mba#higher education#students#imi university#university
2 notes
·
View notes
Text
baruch hashem
Adam Brody Has Entered His “Hot Rabbi” Era
The actor sees a few similarities between Seth Cohen and his part on the new Netflix comedy Nobody Wants This: “They both have my bone structure, they both are Southern Californian, and theoretically they’re the same age.”
By Ilana Kaplan
September 26, 2024
Adam Brody in the Beverly Hills neighborhood of Los Angeles on July 26, 2024.By ADALI SCHELL/The New York Times/Redux.
After Adam Brody signed on to play a rabbi in the TV series Nobody Wants This, he studied. He pored over Art Spiegelman’s Maus, watched the documentary The U.S. and the Holocaust,, read Philip Roth’s Operation Shylock, and listened to podcasts from Rabbi David Sacks. Then he watched Yentl and Fiddler on the Roof for the first time and embarked on a Jewish-quarter tour in Venice. “I had time because the strikes happened between when we filmed it and when I signed on,” he recalls over Zoom. “I had my ear open, my radar up for that year of where if I was somewhere, I would try and partake in the Jewish experience.”
Truthfully, Brody studied because he “wasn’t confident in my authority” when it came to Judaism. Though his family is Jewish, he didn’t grow up knowing many other Jewish people. “I don’t believe I went to a Bar Mitzvah except my own,” the 44-year-old actor laughs. Most of what he learned about the religion and Jewish culture came from his parents and friends he made in his 20s and beyond. So when it came to his latest role, he relied on the authority of his colleagues. “We had a lot of other Jewish people writing or directing, or there were other Jews around to help inform,” he says.
On paper, the Netflix rom-com series Nobody Wants This, which premieres September 26, sounds like a millennial fever dream. Brody, who starred in the soapy teen drama The O.C. plays opposite Kristen Bell of Veronica Mars and Gossip Girl fame—the former as Noah, a witty but traditional basketball-playing rabbi, and the latter as Joanne, an agnostic podcaster who recounts her chaotic dating life and sexcapades on air. Of course, the pair must contend with their religious differences—as well as their respective chaotic family dynamics.
Even though he and his costar headlined two of the most popular teen soaps in the early aughts, Brody has never watched Veronica Mars and Bell has never seen The O.C. Still, one of the main reasons Brody signed on to the project was to work with Bell. “She’s a wonderful talent, a wonderful person and creates a wonderful environment,” he says. “Having worked with her before [in CHIPS], I know this, and I was flattered that she wanted me to do it.” He was also drawn to the script—he loves working on rom-coms, which are a “very comfortable space for me tonally.” And the rabbi portion? “It was its own fun challenge,” he laughs. “There was a lot there to chew on.”
Since his breakout role as nerdy Death Cab for Cutie–loving heartthrob Seth Cohen in The O.C., Brody has leaned into diversifying his résumé. He’s played Nikolai Wolf, the satanic frontman of Low Shoulder in the horror cult classic Jennifer’s Body; Nick Talman, a morally conflicted financier who launders money to help save a tech company in the crime drama StartUp; Abe Applebaum, a formerly distinguished but now washed-up Nancy Drew type in the noir-esque whodunit The Kid Detective; Daniel Le Domas, the antihero brother of the groom in the wedding-themed horror-comedy Ready or Not; the adult superhero version of Freddy Freeman in Shazam!; and Seth Morris, smoldering finance bro and Toby’s best friend in the midlife crisis satire Fleishman Is in Trouble.
While it’s been a long time since Brody played Seth Cohen, he’s aware that fans of his old show may be tempted to compare Noah to his breakout character. Of course, Brody also sees a few superficial similarities in part because it’s him playing those characters. “They both have my bone structure, they both are Southern Californian and theoretically they’re the same age, if Seth Cohen carried on,” Brody says. But he ultimately feels like Noah is a much more conventional person. “I think Noah is somebody who has known exactly what he wanted to do since he was very young, and has led a life—while having fun and being a fun person—of rigorous study and in ancient texts. Which is, I think, a marked difference,” he says. On the show, Noah is also referred to as “hot rabbi,” an apparent nod to Fleabag’s hot priest.
“The kids call him that,” Brody demures. “I wouldn’t be so bold.” Ultimately, he’ll “let the people decide” if hot rabbi or hot priest is superior.
Beyond Nobody Wants This, Brody is still looking to flex his creative muscles. He’d love to collaborate with Steven Soderbergh and is also a huge Tim Heidecker fan. “Don’t know what I bring to the table of squishy sounds, sound effects, but just think he’s brilliant,” he says. Brody would always be open to working with Jennifer’s Body writer and executive producer Diablo Cody again too. “I wonder if there’d be a place for me in a Jennifer’s Body 2. I feel like this character, while he does set the plot in motion, isn’t so central to the story and the themes, and feels like it may not be an organic fit for a sequel,” he says of Nikolai, the film’s main antagonist, who kidnaps the titular Jennifer so he can sacrifice her to the devil. “But I mean, if she was so inspired and wanted a 40-something dead rock star, okay!”
So that’s on the table. Brody is now some 20 years removed from his time as Seth Cohen. Would he ever step back into the role that catapulted him to fame too?
“Anything’s certainly possible,” Brody says. “I think it’s perfectly valid to take anything that people like and say, ‘Is there any life left in this? Would anyone care to see more? Would the band like to get back together?’” But for a number of reasons, he struggles to see a relevant way forward for an O.C. reboot from a creative perspective.
While a reboot may remain up in the air, Brody says fans can expect his characters to be “progressively more generous and self-aware” as the actor himself gets older. “This could either be because I’m old and I’m slowing down,” he says with a self-deprecating edge. “Or because I’m wise and I’m grounded and confident.”
3 notes
·
View notes
Text
OpenAI’s other inverstors, which include Khosla Ventures, billionaire Reid Hoffman’s charitable foundation, Tiger Global, Andreesen Horowitz, Sequoia Capital, Thrive, and K2 Global have far less potential influence on the company. The same goes for the venture firms that were negotiating to invest in a new tender of existing shares that would have valued OpenAI at $86 billion. But they still have some leverage—mostly through OpenAI’s employees. Those employees want to be able to continue to offer to sell their profit participation shares (which function essentially as stock options since OpenAI is not thought to be currently profitable) to investors at high valuations that could make many of them extremely wealthy. With these investors threatening to pull out of the latest tender offer for those profit participation agreements, the employees will see their own financial prospects damaged. That may give many of them an incentive to leave OpenAI—or at least threaten to do so—unless Altman is reinstalled.
Was wondering what the compensation scheme was for openai employees that might be impacting their decisions, openai is not exactly a normal startup but then microsoft isn't either. Don't know how their wealth is going to be impacted by any of their possible decisions
12 notes
·
View notes
Text
Data Centers in High Demand: The AI Industry’s Unending Quest for More Capacity
The demand for data centers to support the booming AI industry is at an all-time high. Companies are scrambling to build the necessary infrastructure, but they’re running into significant hurdles. From parts shortages to power constraints, the AI industry’s rapid growth is stretching resources thin and driving innovation in data center construction.
The Parts Shortage Crisis
Data center executives report that the lead time to obtain custom cooling systems has quintupled compared to a few years ago. Additionally, backup generators, which used to be delivered in a month, now take up to two years. This delay is a major bottleneck in the expansion of data centers.
The Hunt for Suitable Real Estate
Finding affordable real estate with adequate power and connectivity is a growing challenge. Builders are scouring the globe and employing creative solutions. For instance, new data centers are planned next to a volcano in El Salvador to harness geothermal energy and inside shipping containers in West Texas and Africa for portability and access to remote power sources.
Case Study: Hydra Host’s Struggle
Earlier this year, data-center operator Hydra Host faced a significant hurdle. They needed 15 megawatts of power for a planned facility with 10,000 AI chips. The search for the right location took them from Phoenix to Houston, Kansas City, New York, and North Carolina. Each potential site had its drawbacks — some had power but lacked adequate cooling systems, while others had cooling but no transformers for additional power. New cooling systems would take six to eight months to arrive, while transformers would take up to a year.
Surge in Demand for Computational Power
The demand for computational power has skyrocketed since late 2022, following the success of OpenAI’s ChatGPT. The surge has overwhelmed existing data centers, particularly those equipped with the latest AI chips, like Nvidia’s GPUs. The need for vast numbers of these chips to create complex AI systems has put enormous strain on data center infrastructure.
Rapid Expansion and Rising Costs
The amount of data center space in the U.S. grew by 26% last year, with a record number of facilities under construction. However, this rapid expansion is not enough to keep up with demand. Prices for available space are rising, and vacancy rates are negligible.
Building Data Centers: A Lengthy Process
Jon Lin, the general manager of data-center services at Equinix, explains that constructing a large data facility typically takes one and a half to two years. The planning and supply-chain management involved make it challenging to quickly scale up capacity in response to sudden demand spikes.
Major Investments by Tech Giants
Supply Chain and Labor Challenges
The rush to build data centers has extended the time required to acquire essential components. Transceivers and cables now take months longer to arrive, and there’s a shortage of construction workers skilled in building these specialized facilities. AI chips, particularly Nvidia GPUs, are also in short supply, with lead times extending to several months at the height of demand.
Innovative Solutions to Power Needs
Portable Data Centers and Geothermal Energy
Startups like Armada are building data centers inside shipping containers, which can be deployed near cheap power sources like gas wells in remote Texas or Africa. In El Salvador, AI data centers may soon be powered by geothermal energy from volcanoes, thanks to the country’s efforts to create a more business-friendly environment.
Conclusion: Meeting the Unending Demand
The AI industry’s insatiable demand for data centers shows no signs of slowing down. While the challenges are significant — ranging from parts shortages to power constraints — companies are responding with creativity and innovation. As the industry continues to grow, the quest to build the necessary infrastructure will likely become even more intense and resourceful.
FAQs
1. Why is there such a high demand for data centers in the AI industry?
The rapid growth of AI technologies, which require significant computational power, has driven the demand for data centers.
2. What are the main challenges in building new data centers?
The primary challenges include shortages of critical components, suitable real estate, and sufficient power supply.
3. How long does it take to build a new data center?
It typically takes one and a half to two years to construct a large data facility due to the extensive planning and supply-chain management required.
4. What innovative solutions are companies using to meet power needs for data centers?
Companies are exploring options like modular nuclear reactors, geothermal energy, and portable data centers inside shipping containers.
5. How are tech giants like Amazon, Microsoft, and Google responding to the demand for data centers?
They are investing billions of dollars in new data centers to expand their capacity and meet the growing demand for AI computational power.
Muhammad Hussnain Facebook | Instagram | Twitter | Linkedin | Youtube
3 notes
·
View notes
Text
The social media company X is closing its San Francisco office “over the next few weeks,” according to an internal email sent out by CEO Linda Yaccarino earlier today. “This is an important decision that impacts many of you, but it is the right one for our company in the long term,” Yaccarino wrote in the email, first reported by The New York Times.
Employees in San Francisco reportedly will be moved to new locations in the Bay Area, “including the existing office in San Jose and a new engineering focused shared space with [xAI, Musk’s AI startup] in Palo Alto,” the note said. The company’s executive team is said to be working on “transportation options” for staff. X did not respond to WIRED's request for comment.
The official announcement comes a few weeks after Musk said in a post on X that he planned to move X and SpaceX headquarters to Texas. X would move to Austin, specifically, Musk said at the time. Bloomberg reported earlier this year that X had already been staffing up a trust and safety team for X based in Austin.
While the state of Texas is known to be more business-friendly than California—it has one of the lowest tax burdens in the US—Musk’s publicly stated reasoning for the move to Texas was more ideological than financial. He said at the time that the “final straw” was a new California law that aims to protect the privacy of transgender children, which he perceived to be “attacking both families and companies.” He also said that he’s “had enough of dodging gangs of violent drug addicts just to get in and out of the building.”
The latest update from Yaccarino suggests it’s the San Francisco office, specifically, that is the thorn in X’s side. And it’s an about-face for Musk, who tweeted a year ago that, despite incentives to move out of San Francisco, X would not move its HQ out of the city. “You only know who your real friends are when the chips are down,” he waxed poetically on X. “San Francisco, beautiful San Francisco, though others forsake you, we will always be your friend.”
The shuttering of the X office marks the end of an era for the company formerly known as Twitter, and for the historic Mid-Market neighborhood that in the 2010s managed to lure in burgeoning tech companies like Twitter, Uber, Spotify, and Square.
Twitter’s earliest offices were in SoMa, or the South of Market neighborhood of San Francisco, until 2011, when then mayor Ed Lee instituted a controversial tax break for tech companies. The ruling erased the 1.5 percent payroll tax for companies that moved into certain Mid-Market buildings. Twitter jumped at the opportunity.
The company was considered an anchor tenant in a densely populated neighborhood marked by homelessness and open drug use. Suddenly an airy, high-end food market, a Blue Bottle Coffee shop, and tech workers with MacBooks and overpriced sneakers dotted Market Street, alongside people in various states of distress camped out in front of still-vacant storefronts.
The end results of Lee’s tax breaks and revitalization plans for the neighborhood are a topic of debate, and the pandemic has been a hugely complicating factor, with reports suggesting that San Francisco’s office spaces are more than a third vacant on average.
Musk, now famously, carried a sink into the Twitter offices just after he closed the deal to buy the platform in October 2022, tweeting, “Let that sink in!” After changing the company name to X in summer 2023, Musk erected a giant, blinking X atop the offices, only to be compelled to take it down days later when the San Francisco Department of Building Inspection received dozens of complaints about the flashing lights and concerns about the sign’s structural safety.
X also was allegedly a poor tenant in the Musk era: Its landlord, SRI Nine Market Square, in early 2023 filed a suit against X for more than $3 million in unpaid rent. SRI Nine Market sought to extend Twitter’s line of credit to $10 million as an assurance that future rent would be paid. Other vendors also have sued X for failing to pay its bills.
But in January of this year, SRI Nine Market dropped the case, Reuters reported. It’s unclear why. SRI Nine Market did not respond to an inquiry on the current state of X’s lease and whether the company would be breaking said lease by vacating its office space in the coming weeks.
10 notes
·
View notes
Text
A new class-action lawsuit accuses OpenAI and partner Microsoft of infringing on works by non-fiction authors, the latest in a string of legal actions against artificial intelligence companies.
It comes amid turmoil at OpenAI, where most of the startup’s nearly 800 employees have threatened to quit if ousted CEO Sam Altman doesn’t return to his role. He was fired by OpenAI’s board on Friday and announced Sunday that he would join Microsoft, whose CEO Satya Nadella told CNBC on Monday he is looking to partner with Altman in whatever form that takes.
The lawsuit against the two companies, filed Tuesday in federal court in the Southern District of New York, makes similar arguments to other allegations that AI companies used copyrighted works in massive training sets employed to build tools like ChatGPT.
The lead plaintiff in the suit, Julian Sancton, is the author of , which he spent five years and tens of thousands of dollars writing, according to the lawsuit, which hasn’t previously been reported.
“The commercial success of the ChatGPT products for OpenAI and Microsoft comes at the expense of non-fiction authors who haven’t seen a penny from either defendant,” said Susman Godfrey partner Justin Nelson, the lead attorney representing Sancton.
OpenAI doesn’t disclose what data it used to train GPT-4, its most advanced large language model, but lawyers for Sancton say ChatGPT divulged the secret. “In the early days after its release, however, ChatGPT, in response to an inquiry, confirmed: “Yes, Julian Sancton’s book ‘Madhouse at the End of the Earth’ is included in my training data,” the lawsuit reads.
One way that lawsuit is different from others is that it ropes in Microsoft, which did not decide what training data to use in OpenAI’s models or even design the models itself. Rather, Microsoft provided the infrastructure for training and running them.
The models are now core to Microsoft’s business, which has given it a boost in stock price, the suit points out.
“Microsoft would have known that OpenAI’s training data was scraped indiscriminately from the internet and included a massive quantity of pirated and copyrighted material, including a trove of copyrighted nonfiction works,” the suit alleges.
The companies didn’t immediately respond to requests for comment.
Know More
Last week, Stability AI’s vice president of audio, Ed Newton-Rex, resigned in protest over the company’s stance on copyrighted work (It was ok with using them.)
Famous fiction authors like Jonathan Franzen and John Grisham sued OpenAI earlier this year for copyright infringement. Sarah Silverman and other authors are also suing Meta on the same grounds. Several other lawsuits are making their way through the courts.
AI companies have argued that using copyrighted works in training data constitutes “fair use” of the material. In essence, computers are “learning” from the copyrighted works, just like humans learn when they read.
Sancton’s attorneys argue it’s not the same thing. “While OpenAI’s anthropomorphizing of its models is up for debate, at a minimum, humans who learn from books buy them, or borrow them from libraries that buy them, providing at least some measure of compensation to authors and creators,” the lawsuit said.
It alleges that OpenAI deliberately conceals its training sets to hide the copyrighted works it uses. “Another reason to keep its training data and development of GPT-3, GPT-3.5, and GPT-4 secret: To keep rightsholders like Plaintiff and members of the Class in the dark about whether their works were being infringed and used to train OpenAI’s models,” the lawsuit argues.
Reed’s view
AI copyright law will surely make its way to the U.S. Supreme Court. The fundamental question: If an AI model is not actually reproducing a protected work, then is the fact that it learned from it a technical violation of copyright?
If AI companies pay for copyrighted works — say, buying a book — can they legally use it to train an AI model, or do they need to license the material from the owner of the copyright?
There’s also a purely moral question: Even if it turns out the AI companies are right, and training AI models with copyrighted material constitutes fair use, should they?
This is a very thorny one. I am the author of a non-fiction book that is almost surely in the training sets for these models and I don’t really have a problem with it. I don’t think large language models will ever really pose competition for books. A book is a lot more than a bunch of words.
What I find upsetting is that there are places people can pirate the book online and read it for free. Nobody seems outraged by that, though.
I also think that we have all contributed to this technology in one way or another; it’s trained on basically the entire internet.
Even if AI companies compensated me for the use of the book, what would it be worth? A few cents? I do, however, think that if AI companies use my book in their training data, they should at least be required to buy a copy. Otherwise, that’s just plain old pirating.
The third point is how technology is moving beyond the copyright issue already. As we’ve reported, the newest small models in generative AI are trained using synthetic data created by the larger models.
And companies like OpenAI are hiring other companies like Scale AI to create content from scratch, specifically to train new AI models.
At some point, there may be a proliferation of generative AI models that contain no problematic material at all.
Room for Disagreement
Ed Newton-Rex argues in this article that what AI companies are doing is wrong: “Setting aside the fair use argument for a moment — since ‘fair use’ wasn’t designed with generative AI in mind — training generative AI models in this way is, to me, wrong. Companies worth billions of dollars are, without permission, training generative AI models on creators’ works, which are then being used to create new content that in many cases can compete with the original works. I don’t see how this can be acceptable in a society that has set up the economics of the creative arts such that creators rely on copyright.”
Notable
There really is no clear answer on where the law comes down on the issue of copyright material, reports James Vincent of The Verge.
14 notes
·
View notes
Text
Our “snapshots” are brief, structured case studies that give a taste of the many diverse ways that startups have been trying to grow into community ownership and governance, albeit with mixed results.
The snapshots range from my Colorado neighbors Namaste Solar and Trident bookstore, which converted to employee ownership, to major open-source software projects like Debian and Python, which are mini-democracies accountable to their developers. There is NIO, a Chinese electric car company whose founder set aside a chunk of stock for car-buyers, and Defector Media, a co-op founded by employees who quit their previous job in protest. There are also blockchain-based efforts, like Gitcoin and SongADAO, that have tried to make good on a new technology’s often-betrayed promises for making a more inclusive economy.
I have taken two main lessons from these snapshots so far.
1. There is widespread craving for a better kind of exit—and the creativity to back it up. Entrepreneurs, investors, users, and workers alike are all recognizing the need for a new approach, and they are trying lots of different ways to get it. They are relying on old technology and the latest innovations. They are using many different legal structures and techniques for empowering communities. The resourcefulness is pretty astonishing, really.
2. Better exits need to be easier—and this will require structural change. In just about every case, E2C attempts have faced profound challenges. They are often working at the very edge of what the law allows, because many of our laws were written to serve profit-seeking investors, not communities. Much of what communities wanted was simply not possible. Truly changing the landscape of exits will mean policy change that takes communities seriously as sources of innovation and accountability.
I want to stress this second point. It first became clear to me when working with collaborators at Zebras Unite on the idea of turning Meetup into a user-owned cooperative. The founder wanted it. The business model made perfect sense—a rare platform whose users actually pay for it. The company was up for a fire sale. But we simply could not find investors or lenders prepared to back a deal like that. This is a problem I have seen with many other co-op efforts, over and over. Policy is the most powerful shaping force for where capital can aggregate, and there is no adequate policy to support capital for large-scale community ownership. This is also the reason we have lost many community-owned companies in recent years, from New Belgium Brewing to Mountain Equipment Co-op—the most successful community-owned companies too often can’t access the capital they need to flourish.
#community-owned startups#community as exit strategy#solarpunk#solarpunk business model#startups#solarpunk business
3 notes
·
View notes