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Category: Emerging Tech

Emerging Trends

  • Google CEO: ‘Things Will Go Wrong’ With Bard AI

    Google CEO: ‘Things Will Go Wrong’ With Bard AI

    Google has finally released its Bard AI to the world, albeit via a waitlist, but Google CEO Sundar Pichai is warning “things will go wrong.”

    Google’s Bard has already had a rough launch. When the company first announced it, the AI flubbed an answer to one of the questions, spooking investors and taking $100 billion off of Alphabet’s stock value. In response, Pichai asked Googlers to test Bard in an effort to improve it, leading to its public release Tuesday.

    While the release is good news for Google, Pichai is warning company employees not to expect perfection.

    “As more people start to use Bard and test its capabilities, they’ll surprise us. Things will go wrong,” Pichai wrote in an internal email to employees Tuesday viewed by CNBC. “But the user feedback is critical to improving the product and the underlying technology.”

    Pichai said Googlers “should be proud of this work and the years of tech breakthroughs that led us here, including our 2017 Transformer research and foundational models such as PalM and BERT.”

    Nonetheless, he cautioned: “Even after all this progress, we’re still in the early stages of a long Al journey.”

    “For now, I’m excited to see how Bard sparks more creativity and curiosity in the people who use it.”

  • Microsoft Brings DALL-E AI Image Creator to Bing

    Microsoft Brings DALL-E AI Image Creator to Bing

    Microsoft is continuing its transformation of Bing into an AI powerhouse, adding the DALL-E AI image creator to its Bing AI.

    OpenAI debuted DALL-E in early 2021, an AI model that can draw images based on text prompts. As OpenAI’s biggest single investor, Microsoft has access to its tech and is using it as the backbone of Bing AI.

    Microsoft is now including DALL-E as part of Bing, giving users the ability to have the AI create images for them.

    “We’re excited to announce we are bringing Bing Image Creator, new AI-powered visual Stories and updated Knowledge Cards to the new Bing and Edge preview,” writes Yusuf Mehdi, Corporate Vice President & Consumer Chief Marketing Officer. “Powered by an advanced version of the DALL∙E model from our partners at OpenAI, Bing Image Creator allows you to create an image simply by using your own words to describe the picture you want to see. Now you can generate both written and visual content in one place, from within chat.”

    The new feature will begin rolling out to users with access to the preview starting today.

    “For those in the Bing preview, Bing Image Creator will be fully integrated into the Bing chat experience, rolling out initially in Creative mode,” adds Mehdi. “By typing in a description of an image, providing additional context like location or activity, and choosing an art style, Image Creator will generate an image from your own imagination. It’s like your creative copilot. Just type something like “draw an image” or “create an image” as a prompt in chat to get creating a visual for a newsletter to friends or as inspiration for redecorating your living room.”

    Users who haven’t signed up for the preview can do so here.

  • Get Ready for Another Nvidia GPU Crunch

    Get Ready for Another Nvidia GPU Crunch

    Gamers may enjoy a ready supply of Nvidia GPUs, but that may soon change as the AI market heats up.

    During the pandemic and crypto heyday, Nvidia’s GPUs were in short supply. The sudden uptick in demand for personal computers and crypto mining rigs combined to drive the price of Nvidia’s GPUs through the roof and make it almost impossible to actually buy one.

    Those days may return faster than anyone — except Nvidia, of course — may like. At the GTC 2023 Keynote yesterday, NVIDIA CEO Jensen Huang made it clear that Nvidia is all-in on AI.

    “We are at the iPhone moment of AI,” Huang said during his keynote, in which he touted the number of companies rolling out Nvidia’s AI systems. The list of companies includes Atos, AWS, Cirrascale, CoreWeave, Dell, Gigabyte, HPE, Lambda, Lenovo, Oracle, QCT, and Supermicro.

    As TechRadar’s John Loeffler points out, the increased demand for Nvidia’s chips in the AI market could eventually force the company to choose between the consumer gaming market and the more profitable commercial market. This could lead to a significant reduction in available GPUs, or it could lead to Nvidia pulling out of the market altogether.

  • Google Releases Bard AI to the Public

    Google Releases Bard AI to the Public

    Google is moving to the next stage of its AI development, releasing it to the public to try out, although using it will require joining a waitlist.

    Bard AI is Google’s attempt to take on Microsoft’s Bing AI, which is based on OpenAI’s ChatGPT. Unfortunately for Google, its initial launch of Bard did not go well, with the AI giving a wrong answer during its public reveal. The flub cost Alphabet $100 billion in stock value.

    Since its botched reveal, Google has been working night and day to improve Bard, with CEO Sundar Pichai asking Googlers to volunteer their time to help improve it.

    It seems Google believes Bard is finally ready for the public, providing a waitlist for people to sign up for access:

    Meet Bard: your creative and helpful collaborator, here to supercharge your imagination, boost your productivity, and bring your ideas to life.

    Bard is an experiment and may give inaccurate or inappropriate responses. You can help make Bard better by leaving feedback. Join the waitlist and try it for yourself.

    You can sign up here.

  • Personal Loans For Business: What You Need to Know

    Personal Loans For Business: What You Need to Know

    Although personal loans can be easier to obtain than business ones, they may jeopardize your finances. Here are some things you should know before using a personal loan for your company.

    During the pandemic, many small businesses grappled with worst-case scenarios: lenders tightened borrowing conditions, and revenues were down. In these cases, a personal loan may be used for payroll or vendor payments when a business has used up its business line of credit and cannot obtain a traditional business loan.

    It’s possible for entrepreneurs to be so driven that they would do anything to keep their business going, whether that’s a good idea or not. However, here are some reasons why getting a personal loan for a small business may or may not be a good idea.

    Personal Loan: A Definition

    Based on your credit history and income, you can borrow a predetermined amount of money for nearly any reason through a personal loan. Over time, you repay it with interest.  Therefore, you can get a lump sum of money from a bank, credit union, or internet lender that ranges from $1,000 to $100,000; the money is typically repaid over the course of two to five years in monthly installments.

    Your creditworthiness, a gauge of how dangerous of a borrower you are, plays a significant role in whether or not you are approved for a personal loan. You have a better chance of getting authorized for a loan with the lowest interest rate if your income and credit score are strong.

    Notwithstanding the differences between personal and business loans, both can depend on an owner’s credit history for acceptance.

    Getting A Personal Loan for Your Small Business

    Personal loans are not always a wise business decision. For instance, a person about to retire may not wish to take on extra debt. However, younger businesspeople are considering the long-term impact of the extra money on their businesses. 

    Here are a couple of reasons why you would want to obtain a personal loan for your company:

    Personal loans are quick and flexible. 

    A personal loan might be the best option if you require money urgently to cover the financial requirements of your business, from payroll to vendor expenses. On the other hand, it can take weeks or even months for a Small Business Administration loan, and a personal loan can be approved in a matter of days.

    Obtaining personal loans is much easier than securing business loans. One reason is that, with a personal loan, you won’t have to put up collateral to reduce the lender’s risk. A business loan is often more difficult to obtain than a personal loan. However, the current economy has made it considerably more difficult. 

    Comparatively speaking, personal loans are less expensive.

    Entrepreneurs with tight cash flows could be tempted to take on sales-based loans like invoice loans or merchant cash advances. Because the interest can compound quickly, it is advisable to carefully read the fine print. Hidden clauses can wreak havoc on your finances if you don’t recognize what they really are. 

    Although personal loans typically offer lower interest rates, you can also consider using all available credit on your company and personal credit cards. Yet, compared to personal loans, conventional business loans have lower interest rates and bigger credit ceilings.

    Conclusion

    A personal loan may be the answer for your business if a business loan is not feasible right now. However, make sure that it won’t do more harm than good. After all, your personal credit is something that will follow you throughout your life. Therefore, it’s wise to guard it carefully. 

  • Credit Suisse Collapses, Sells to Rival UBS

    Credit Suisse Collapses, Sells to Rival UBS

    Credit Suisse has reached an agreement to be purchased by rival UBS, ending its 167-year run as an independent institution.

    Credit Suisse developed a reputation for taking risks that many other banks wouldn’t. As The Wall Street Journal reports, the bank emerged from the 2008 crisis stronger than many rivals, a position that emboldened it to continue its freewheeling style.

    “They felt, ‘We are the winner from the financial crisis, and everyone else is hurt,’” said Andreas Venditti, a Vontobel banking analyst. “So they doubled down on these kinds of businesses and on investment-banking exposure in general.”

    Unfortunately, the bank’s reputation caught up with it, and amid the economic downturn and failing banks, investors were more rattled than expected. The bank’s stocks tanked, and it struggled to compete with other banks for deals critical to its survival.

    “Credit Suisse’s problem for decades, and I really mean decades, is terrible operational risk management,” said Mayra Rodriguez Valladares, a U.S.-based consultant bank regulation consultant. “Everyone lets them get away with it: The U.K., the U.S., the Swiss.”

    While regulators may have let Credit Suisse get away with its antics, the market didn’t.

  • Amazon May Be Working On An AI-Powered Web Browser

    Amazon May Be Working On An AI-Powered Web Browser

    Amazon may be looking to disrupt the web browser market with an AI-powered entry in what could be a major threat to established players.

    Amazon recently sent out a survey to users asking what they value in a web browser. Consumer Reports’ Nicholas De Leon tweeted about the survey:

    Gizmodo got a hold of a copy of the survey, and the questions include asking what features people value and what features would convince them to try a new web browser. AI integration is one of the feature choices.

    While the web browser market is fairly crowded, it’s dominated by Google Chrome and Apple’s Safari. Firefox brings up a distant third, with everything else fighting for scraps.

    Amazon has the brand-name recognition and integration with established services to possibly be the most disruptive entry since Google Chrome.

  • Lamborghini Rolling Out Hybrid Tech Across All Models in India in 2024

    Lamborghini Rolling Out Hybrid Tech Across All Models in India in 2024

    Lamborghini has announced it is rolling out hybrid tech across all models in India by the end of 2024.

    Automakers across the globe are racing to deploy hybrid vehicles as governments and companies try to address climate change. As one of the world’s largest economies and automotive centers, rolling out hybrid tech in India is an important step toward that goal.

    While it’s not a major player in the Indian market, Lamborghini is nonetheless working to hybridize its lineup before the end of next year.

    “The roadmap for us is that by the end of 2024 we are going to hybridise our entire model range. So this year we will have a first hybrid, the new V12, then in 2024 we will have the Urus hybrid and also a new V10 which is also going to be a hybrid,” Lamborghini India Head Sharad Agarwal told PTI.

  • FBI & DOJ Investigating ByteDance & TikTok’s Surveillance of Journalists

    FBI & DOJ Investigating ByteDance & TikTok’s Surveillance of Journalists

    As if TikTok’s problems couldn’t get any worse, the FBI and DOJ are investigating its parent company for surveilling Forbes journalists.

    TikTok is owned by China-based ByteDance. The company is under pressure around the globe as one jurisdiction after another bans TikTok from government devices over privacy concerns.

    One of the most egregious privacy and security violations involved ByteDance’s admission that it used TikTok to surveil Forbes journalists, tracking their locations. The admission has sparked an investigation by the FBI and DOJ, according to Forbes:

    According to a source in position to know, the DOJ Criminal Division, Fraud Section, working alongside the Office of the U.S. Attorney for the Eastern District of Virginia, has subpoenaed information from ByteDance regarding efforts by its employees to access U.S. journalists’ location information or other private user data using the TikTok app. According to two sources, the FBI has been conducting interviews related to the surveillance. ByteDance’s use of the app to surveil U.S. citizens was first reported by Forbes in October, and confirmed by an internal company investigation in December.

    At the time of the admission, ByteDance executives expressed their disapproval, with the executive responsible for the actions, Chris Lepitak, being fired. His direct superior who reported to the CEO, Song Ye, also resigned.

    “I was deeply disappointed when I was notified of the situation… and I’m sure you feel the same,” CEO Rubo Liang wrote in an internal email shared with Forbes at the time. “The public trust that we have spent huge efforts building is going to be significantly undermined by the misconduct of a few individuals. … I believe this situation will serve as a lesson to us all.”

    “It is standard practice for companies to have an internal audit group authorized to investigate code of conduct violations,” TikTok General Counsel Erich Andersen wrote in a second email. “However, in this case individuals misused their authority to obtain access to TikTok user data.”

    ByteDance told Forbes it would cooperate with any official investigation:

    “We have strongly condemned the actions of the individuals found to have been involved, and they are no longer employed at ByteDance. Our internal investigation is still ongoing, and we will cooperate with any official investigations when brought to us,” said ByteDance spokesperson Jennifer Banks. TikTok did not respond to a request for comment.

    The news comes at a time when TikTok is facing its most daunting challenges. In addition to being banned from government devices in the US, EU, UK, and Canada, the Biden administration has told ByteDance that TikTok will face a nationwide ban unless the company divests from TikTok.

  • FCC to Boost Cellular/Satellite Communication Adoption

    FCC to Boost Cellular/Satellite Communication Adoption

    T-Mobile and SpaceX’s efforts to join cellular and satellite phone service are getting a bit of help from the FCC.

    The FCC has unveiled “a new regulatory framework to facilitate innovative collaborations between satellite operators and wireless companies.” The framework will help cellular operators better tap into the growing network of satellites being used for internet service.

    T-Mobile and SpaceX announced a deal for the nation’s second-largest carrier to use SpaceX’s Starlink satellite constellation to help provide coast-to-coast coverage in the US.

    “We’ve always thought differently about what it means to keep customers connected, and that’s why we’re working with the best to deliver coverage above and beyond anything customers have ever seen before,” said Mike Sievert, CEO and president of T-Mobile, said at the time of the announcement. “More than just a groundbreaking alliance, this represents two industry-shaking innovators challenging the old ways of doing things to create something entirely new that will further connect customers and scare competitors.”

    The FCC’s proposed framework would make it easier for T-Mobile, SpaceX, and other companies to integrate their services:

    The FCC proposes allowing authorized non-geostationary orbit satellite operators to apply to access terrestrial spectrum if certain prerequisites are met, including a lease from the terrestrial licensee within a specified geographic area. A satellite operator could then serve a wireless provider’s customers should they need connectivity in remote areas, for example in the middle of the Chihuahuan Desert, Lake Michigan, the 100-Mile Wilderness, or the Uinta Mountains.

    “We are fast heading to a world where next-generation wireless networks will connect everyone and everything around us,” said FCC Chairwoman Jessica Rosenworcel. “They will open up possibilities for communications that we cannot even fully imagine today. But we will not be successful in our effort to make this always-on connectivity available to everyone, everywhere if we limit ourselves to using only one technology. We are going to need it all—fiber networks, licensed terrestrial wireless systems, next-generation unlicensed technology, and satellite broadband. But if we do this right, these networks will seamlessly interact in a way that is invisible to the user. We won’t need to think about what network, where, and what services are available. Connections will just work everywhere, all the time. “

  • UK Government Building a £900M Supercomputer to Create ‘BritGPT’

    UK Government Building a £900M Supercomputer to Create ‘BritGPT’

    The UK government is spending big — to the tune of £900m — to ensure it doesn’t get left being in the AI game.

    With OpenAI’s ChatGPT powering Microsoft Bing, Google developing Bard, and Baidu working on Ernie, the UK government wants to make sure it’s not left behind. According to The Guardian, the UK government is investing in a supercomputer to build its own “BritGPT.”

    The supercomputer will “allow researchers to better understand climate change, power the discovery of new drugs and maximise our potential in AI.”

    The supercomputer is an exascale computer, capable of “more than one billion billion simple calculations a second, a metric known as an “’exaflops.’” There is only one other known exascale computer housed at Oak Ridge National Laboratory in the US.

    “We think there’s a risk that we in the UK, lose out to the large tech companies, and possibly China, and get left behind … in areas of cybersecurity, of healthcare, and so on. It is a massive arms race that has been around for some time, but the heat has certainly been turned up most recently,” said Adrian Joseph, BT’s chief data and artificial intelligence officer, speaking to the Commons science and technology committee.

    “Because AI needs computing horsepower, I today commit around £900m of funding … for an exascale supercomputer,” said the chancellor, Jeremy Hunt.

  • Rural US Hospitals Are Getting Clobbered by Ransomware

    Rural US Hospitals Are Getting Clobbered by Ransomware

    Rural US hospitals are losing the fight against ransomware due to limited resources compared to bigger organizations.

    According to Cyberscoop, witnesses testified in a recent Senate Homeland Security and Governmental Affairs Committee meeting that smaller hospitals are struggling to combat ransomware attacks. In most cases, while there is plenty of information available to help organizations, the issue stems from a lack of resources, including qualified cybersecurity personnel.

    “We also saw cybercriminals shift their focus to small and rural hospitals with this group lagging behind in strengthening their defenses,” said Kate Pierce, senior virtual information security officer at cybersecurity firm Fortified Health Security. “Our rural hospitals are facing unprecedented budget constraints with up to 30% or more in the red, with the public health emergency scheduled to end in May.”

    Unfortunately, the issue is only going to get worse as bad actors exploit small hospitals’ vulnerability. Some are even stepping up the pressure on smaller hospitals specifically, posting patient information — including nude examination photos — online in an effort to force hospitals to pay up.

    “In recent years, increasingly sophisticated cyberattacks in the healthcare and public health sectors posed alarming threats to people in Michigan, as well as across the country,” said Committee Chairman Gary Peters, D-Mich.

  • Sleep Loss Robs Your Health And Wealth

    Sleep Loss Robs Your Health And Wealth

    Enjoy your extra hour of sleep this week, because most Americans switch to Daylight Savings Time Monday and will have to get up one hour earlier. However, sleep loss is a year-round problem that affects everything from your health to your wallet.

    Economic Impact Of Sleep Loss

    Rand Corporation analysis found that the United States economy loses 2.28 percent of GDP each year due to sleep deprivation. That amounts to about $411 billion based on 1.2 million working days lost each year.

    The National Safety Council (NSC) estimates that absenteeism from insomnia costs employers an average of $976 per year per employee.

    Added Healthcare Costs Of Sleep Loss

    Sleep loss disorders add $94.9 billion to healthcare costs in the United States, according to a study by Mass Eye and Ear, a Bingham General Hospital.

    People suffering from sleep loss make twice as many doctor visits and receive twice as many prescriptions as those without sleeping problems, the study reports.

    Study author Neil Bhattacharyya, MD, FACS, who is also a professor at Harvard Medical School, thinks the costs are even higher than his study showed. He notes that many patients suffering chronic sleep loss are probably not yet diagnosed.

    “If we as a country continue this pattern,” said Bhattacharyya when the study was released in 2021, “this huge burden to the healthcare system will grow and affect patient care for everyone.”

    Get Your Seven Hours

    Benjamin Franklin knew the importance of sleep on well-being and finances when he wrote, “early to be and early to rise makes a man healthy, wealthy, and wise.” Accordingly, he lived his mantra keeping to a strict schedule of sleeping from 10 p.m. to 5 a.m. 

    Franklin was on to something, according to the Centers for Disease Control (CDC) which recommends at least seven hours of sleep for adults 18 to 60 years of age.

    The health risks from sleep loss include heart disease, stroke, obesity, diabetes, high blood pressure, anxiety, and other mental distress.

    Sleep Loss From Insomnia

    New research revealed last week showed that people who suffer from insomnia are 69 percent more likely to have a heart attack. The report was presented at a joint meeting of the American College of Cardiology and World Congress of Cardiology.

    If you get less than five hours of sleep, your risk of heart attack is greater, according to the study. In addition, women are more likely than men to suffer heart attacks. 

    “Not surprisingly, people with insomnia who also had high blood pressure, cholesterol or diabetes had an even higher risk of having a heart attack than those who didn’t,”  said Yomna E. Dean, author of the study. “People with diabetes who also have insomnia had a twofold likelihood of having a heart attack.”

    Benefits Of Good Sleep

    On the other side of the ledger, good sleep provides health benefits.

    Last week another study related to sleep demonstrated that people who get sufficient sleep are better able to stay with exercise and diet goals. The study was presented at a meeting of the American Heart Association. 

    According to the U. S. Department of Health and Human Resources, the benefits of getting good sleep on a regular basis include:

    • Fewer illnesses
    • Maintaining a healthy weight
    • Reduced risk of chronic diseases
    • Lower stress and better mood
    • Clearer thinking and better decision making
    • Improved relations with other people 

    Preventing sleep loss takes a plan, according to the CDC. It provides some tips.

    • Do what Franklin did. Go to bed and get up at the same time.
    • Make your bedroom dark, quiet, relaxing, and comfortable.
    • Remove electronic devices, such as televisions, computers, and smartphones from your bedroom.
    • Avoid large meals, caffeine, and alcohol before bedtime.
    • Exercise.

    If all that is too dry for you, take inspiration from Shakespeare. He wrote a lot about sleep. For example:

    “The deep of night is crept upon our talk,

    And Nature must obey necessity.” – from the play Julius Caesar

    (This post was first featured on savingadvice.com)

  • LinkedIn Users Will Be Able to Use AI to Help Create Their Profiles

    LinkedIn Users Will Be Able to Use AI to Help Create Their Profiles

    If you’ve ever struggled to find the right words to describe your career on LinkedIn, the platform is deploying AI to help.

    LinkedIn is owned by Microsoft, giving it access to the same ChatGPT-based tech its parent company is using to power the next generation of its Bing search engine. The networking platform is looking for innovative ways to deploy the tech, including allowing users to tap into AI to write better profiles.

    The company made the announcement as part of a broader initiative to use AI in various classes:

    To empower members with the latest AI skills, starting today we’re unlocking more than 100 LinkedIn Learning courses – and coming soon we’ll roll out twenty new generative AI courses. From the basics to advanced applications of AI, these courses will help members gain a competitive edge in today’s rapidly-changing market.

    But that’s not all. We’re also starting to roll-out new AI-powered features, leveraging advanced OpenAI GPT models, as we continue to look for ways to create more value for our members and customers.

    • To help make the process easier and more effective, we’re testing a new tool for LinkedIn Premium subscribers that provides personalized writing suggestions to your About and headline sections.
    • We’re testing a new AI-powered job description tool that will make it faster and easier to write job descriptions.

    The new features should be a boon for anyone who’s struggled with writer’s block about their current job or a job they’re trying to find candidates for.

  • Wells Fargo Customers Are Missing Deposits

    Wells Fargo Customers Are Missing Deposits

    Wells Fargo customers are reporting missing deposits, with the bank investigating and promising a fix.

    According to ThinkAdvisor, Wells Fargo is aware of the issue and put the following statement on its website:

    “If you’re experiencing an issue with our online services, we apologize for the inconvenience. We’re working quickly to resolve it.”

    In addition, the bank provided the following statement to ThinkAdvisor:

    “Wells Fargo is aware that some customers’ direct deposit transactions are not showing on their accounts, however funds in accounts are accurate and available. We are working quickly on a resolution and apologize for the inconvenience. Customers’ accounts continue to be secure.”

    While certainly inconvenient, it’s at least good to know customer accounts have not been compromised and the issue appears to be a minor technical one.

  • 5 Reasons to Finance Electronic Devices

    5 Reasons to Finance Electronic Devices

    With the addition of millions of remote workers, new devices for security, and countless electronics designed for our comfort and convenience, it makes sense to finance purchases of electronics. 

    Whether you work from home or not, if you have a good work-from-home setup, you may make yourself more useful to your current employers and more marketable for future jobs by purchasing up-to-date equipment. The current trend in remote work means this could be possible for many people. Therefore, this could require purchasing a good laptop, a headset, and possibly even a webcam. 

    What would you do if you couldn’t afford to pay cash for pricey devices? Fortunately, you can get financing for electronics. 

    Here are 5 reasons for financing your new electronics:

    1. You Do Not Need Excellent Credit

    Many consumers assume they won’t be able to finance electronics because they have poor credit. Perhaps you have a history of irregular car payments or owe a lot of money in college loans or medical debt. Don’t worry. New electronics purchases are still financeable. In fact, many companies that provide financing for electronics, furniture, and appliances also offer financing for people with poor credit. This means that your financing applications may still be approved even if you have a low credit score or none.

    2. Get Your Payments Reported on Your Credit

    Unbelievable as it may seem, choosing to finance electronics can really help you raise your credit score. Your credit score will rise as you make timely and regular payments for your electronics. In fact, some consumers decide to finance their electronics in order to concentrate on building their credit.

    3. No-Interest Financing 

    Did you know that interest is not always a part of financing options? You might be able to simply pay off your purchase over time without incurring interest if you select a lease-to-purchase option. This means you are removing one of the biggest barriers to financing electronics some individuals face. There won’t be any further costs; you’ll pay for the electronics exactly as you would if you paid for it in full.

    4.  Affordable New Electronics

    One of the key benefits of financing electronics is that you won’t have to settle for a used item; instead, you may purchase a brand-new item. Even while you might be tempted to purchase a used electrical gadget online or through services like Craigslist in an effort to save money, the chances of having them break down are high. Even if they are refurbished, there is typically a reason why old things are so cheap. Unfortunately, it’s often due to their short lifespans and unreliability. 

    5. Reliable Dealers

    Generally, while financing electronics, you can be sure that the seller is offering the real deal. There’s no need to be concerned about them taking your money and taking off. You’re going into a long-term contract as a pair. This cannot be asserted if you seek to make a purchase from a person selling goods in person or from an anonymous online merchant. If you finance electronics, you’ll be able to identify and trust the seller, which is worth the effort.

    Conclusion

    There are many factors to take into account before financing an electronic item. Yet, in the long run, this choice can be an excellent way for you to save money and buy the equipment you need or desire.

  • Baidu’s Ernie AI Reveal Stumbles Out of the Gate

    Baidu’s Ernie AI Reveal Stumbles Out of the Gate

    Baidu has revealed its Ernie AI chatbot, and the result has been similar to Google’s AI reveal in that it has stumbled out of the gate.

    Like Google, Baidu has been working overtime to catch up with Microsoft’s Bing AI. Baidu has finally “revealed” its Ernie chatbot, but the reveal did little to reassure investors that the company has a viable product.

    According to Ars Technica, company founder Robin Li only showed a pre-recorded demo of the product at the big reveal. Li tried to emphasize the company’s progress, despite the lackluster showing:

    “Sometimes when we use it we are pleasantly surprised, sometimes we may think there is an obvious error,” Li told the audience. “But one thing is for sure, it’s advancing very fast.

    “Its extremely strong ability to comprehend and express language will allow any company to get closer to their customers,” Li added. “It’s an opportunity for every company and it will even have an impact on every single person.”

    In the aftermath of the “demonstration,” Baidu’s stock tanked by 10% over fears that the company’s AI efforts may not be in as good a position as investors hoped. The sentiment is one shared by at least some Baidu employees.

    “We can only explore by ourselves. Training ChatGPT took OpenAI more than a year, and it took them another year to tune GPT-4,” said one Baidu employee. “It means we’re two years behind.”

  • One-Third of Organizations Struggle With Data Loss Prevention Systems

    One-Third of Organizations Struggle With Data Loss Prevention Systems

    The Cloud Security Alliance (CSA) has bad news for the industry, saying that nearly one-third of organizations struggle with data loss prevention (DLP) systems.

    The CSA is an organization dedicated to helping secure cloud computing. A survey the organization conducted with Netskope found that DLP solutions are a critical component used in cloud security.

    Unfortunately, that’s where the good news ends. While companies are relying on DLP systems, nearly a third struggle to use them effectively.

    Among the top challenges cited by organizations are management difficulties (29%), too many false positives (19%), the need for manual version upgrades (18%), and deployment complexity (15%).

    “DLP solutions are an integral part of organizations’ data security strategy, but leaders are still struggling with this strategy and the implementation of solutions, especially for how complicated legacy and on-prem based solutions are to manage and maintain,” said Naveen Palavalli, Vice President of Products, Netskope. “These findings highlight the need for a comprehensive and easy-to-use cloud delivered data protection solution that integrates into their existing security controls and is a key tenant of their Zero Trust security strategy.”

    Cloud security is increasingly in the spotlight as more and more organizations experience data breaches at a time when the cloud is becoming integral to more companies and industries.

    The Biden administration has signaled it is preparing to regulate cloud security in an effort to better protect organizations. If the CSA’s findings are any indication, it looks like the industry could use the help.

  • Samsung Plans to Build World’s Largest Semiconductor “Mega Cluster”

    Samsung Plans to Build World’s Largest Semiconductor “Mega Cluster”

    Samsung is planning to invest $230 billion to build the world’s biggest semiconductor manufacturing “mega cluster.”

    As semiconductors become more important across industries, the chip supply chain is increasingly becoming an area of national security concern for countries around the world. According to ABC News, Samsung’s plan is part of a South Korean national project to help establish the country as the world’s leading semiconductor manufacturing site.

    The plan includes Samsung building the world’s single biggest chip-building base, and will take some 20 years to fully realize. Once the “mega cluster” is complete, in 2042, it will build a wide range of high-end chips, including both computer memory and logic chips.

    “(South Korea) has world-class manufacturing capabilities and technologies in various high-tech industries such as semiconductors, secondary batteries, and displays, but (government) support and regulatory conditions have been insufficient,” the Trade Ministry said in a statement.

    Samsung is already one of the world’s leading chipmakers. This expansion is sure to help it strengthen its position.

  • T-Mobile Acquiring Mint Mobile, Bringing Ryan Reynolds Onboard

    T-Mobile Acquiring Mint Mobile, Bringing Ryan Reynolds Onboard

    T-Mobile has announced a deal to acquire Ka’ena Corporation, the parent company of Mint Mobile and Ultra Mobile.

    Mint Mobile is the successful budget carrier owned by Ryan Reynolds. Reynolds serves as the company’s pitchman, bringing his unique blend of humor to the role. That humor was on full display in the announcement revealing the deal:

    “Mint Mobile is the best deal in wireless and today’s news only enhances our ability to deliver for our customers. We are so happy T-Mobile beat out an aggressive last-minute bid from my mom Tammy Reynolds as we believe the excellence of their 5G network will provide a better strategic fit than my mom’s slightly-above-average mahjong skills. I am so proud of the entire Mint team and so excited for what’s to come,” said Ryan Reynolds.

    “Mint has built an incredibly successful digital direct-to-consumer business that continues to deliver for customers on the Un-carrier’s leading 5G network and now we are excited to use our scale and owners’ economics to help supercharge it – and Ultra Mobile – into the future,” said Mike Sievert, CEO of T-Mobile. “Over the long-term, we’ll also benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile. We think customers are really going to win with a more competitive and expansive Mint and Ultra.”

    “Our brands have thrived on the T-Mobile network, and we are thrilled that this agreement will take them even further, bringing the many benefits of 5G to even more Americans,” said David Glickman, founder and CEO of Mint, Ultra and Plum. “This transaction validates our meteoric success and will unite two proven industry innovators committed to doing things differently in the wireless industry.”

    Following the deal’s close, David Glickman and Rizwan Kassim will continue to manage the brand, which will largely remain independent. Reynolds will continue in his creative role, likely serving as the brand’s pitchman for years to come.

    The deal is worth up to $1.35 billion, a combination of 39% cash and 61% stock, and is expected to close later in 2023.

  • TikTok May Split From ByteDance to Avoid US Ban

    TikTok May Split From ByteDance to Avoid US Ban

    TikTok is considering drastic action in an effort to avoid a US ban, including the possibility of splitting from parent ByteDance.

    TikTok is increasingly under fire over privacy and security concerns. The company is owned by China-based ByteDance, raising concerns over national security, given China’s long history of surveillance and state-backed hacking.

    Facing a possible US ban, as well as increased restrictions in Canada and the EU, TikTok is considering what would once have been unthinkable, according to Bloomberg. According to the outlet’s sources, the measure is considered a last-ditch option, only to be used if existing efforts to appease national security officials fail. Even then, such a measure would have to be approved by the Chinese government, something that likely has a low chance of happening.

    In the meantime, TikTok is emphasizing the measures it is already taking to comply with US demands:

    “Neither a ban of TikTok nor a divestiture of TikTok from ByteDance does anything to address national security concerns about data transfers,” said Brooke Oberwetter, a spokesperson for TikTok. “Under Project Texas, TikTok data for our US users would be held to a significantly higher security standard than any comparable American company.”