A bank exec stole $47 million for a crypto scam, and now he’s going to jail
Image: Cath Virginia / The Verge; Getty Images A Kansas man was sentenced to 24 years in prison after pouring $47.1 million into a pig butchering scam — using money from the bank he was in charge of. Shan Hanes, the former CEO of the small Heartland Tri-State Bank, pleaded
Read More‘Disappointed but not surprised’: former employees speak on OpenAI’s opposition to SB 1047
Two former OpenAI researchers who resigned this year over safety concerns say they are disappointed but not surprised by OpenAI’s decision to oppose California’s bill to prevent AI disasters, SB 1047. Daniel Kokotajlo and William Saunders previously warned that OpenAI is in a “reckless” race for dominance. “Sam Altman, our
Read MorePeloton adds $95 activation fee for used equipment
The move is an effort to squeeze additional revenue from second-hand products, over concerns that cheaper, slightly used bikes, treadmills and rowers could cannibalize used sales. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreIT News Africa’s 9th Healthcare Innovation Summit is Here!
23 August 2024, Johannesburg –Technology is revolutionizing healthcare in Africa, from enhancing patient care with electronic health records to enabling remote consultations via telemedicine. These advancements are making healthcare more efficient, accessible, and cost-effective. IT News Africa is excited to announce the 9th Healthcare Innovation Summit Africa (HISA) 2024, set
Read MoreLast day for massive ticket savings to TechCrunch Disrupt 2024
Time is running out! These are the last hours to save up to $600 on TechCrunch Disrupt 2024 tickets — offer ends tonight at 11:59 p.m. PT. Join 10,000+ startup and VC leaders from October 28-30 at Moscone West in San Francisco. Be part of one of the year’s most
Read MoreMicrosoft to host CrowdStrike and others to discuss Windows security changes
Image: The Verge Microsoft is hosting an important summit on Windows security at its Redmond, Washington, headquarters next month. The Windows Endpoint Security Ecosystem Summit on September 10th will bring together Microsoft engineers and vendors like CrowdStrike to discuss improvements to Windows security and third-party best practices to try and
Read MoreMeta and Spotify CEOs criticize AI regulation in the EU
Meta and Spotify are once again teaming up — this time, on the matter of open source (or to be precise, open-weight) AI which the companies claim are being hampered by regulations. In joint statements published to both companies’ respective websites on Friday, Meta CEO Mark Zuckerberg and Spotify CEO
Read MoreHow Can Organizations Prevent Financial Crime & Corruption?
Combating the scourge of financial crime, organized criminality, and corruption in South Africa requires an all-hands-on-deck approach from both the public and private sectors. This was the resounding message from advocate Xolisile Khanyile at a recent Fighting Financial Crime conference hosted by compliance leader DocFox in Johannesburg. “Everyone has a
Read MoreTingit is building a marketplace for ‘zero-effort’ repairs, starting with fashion
Tingit, a startup out of Lithuania, wants to help people restore their used clothing to their former glory with its newly launched repairs marketplace. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreAfter changing its license, Redis drops its biggest release yet
Redis, the company behind the popular in-memory data store, which is often used as a cache, vector database or streaming engine, today announced the launch of Redis 8. With this release, the company is doubling down on Redis as a vector database for AI use cases and launching an AI
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