Apple hit hard by EU rules: AI suite on pause, App Store violations

Jun24
by on June 24, 2024 at 2:28 pm
Posted In: Uncategorized


It’s been a tough few days for Apple in the EU. On Friday, the company announced it would delay the roll-out of its much anticipated AI suite due to regulatory issues. Today, the European Commission warned the tech giant that its App Store is in violation of the bloc’s sweeping online competition rules.  The Cupertino-based company is among the tech giants (designated as “gatekeepers”) that have to comply with the EU’s landmark law, known as the Digital Markets Act (DMA). One of the act’s fundamental provisions is the ban of anti-steering for app platforms. This means that consumers have the…

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TNW Conference 2024 Day 2 Highlights

Jun21
by on June 21, 2024 at 3:39 pm
Posted In: Insider


The TNW Conference grounds opened up yet again this morning for Day 2 filled with many participants coming back for more (some less fresh than others after last night’s karaoke cruise) and new speakers and participants who joined us for the first time, adding some unique perspectives to the mix. Here’s a wrap-up of five interesting talks and ideas that floated around throughout the day. Beyond green products: Change the system, not just the design In this eye-opening discussion, Bas van Abel, Founder of Fairphone, Matthew Cockerill Independent Design Innovation Consultant, and Linnea Ahlgren, Senior Editor at TNW, discussed the…

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TNW Conference 2024 Day 1 Highlights 

Jun20
by on June 20, 2024 at 3:54 pm
Posted In: Uncategorized


Day 1 of TNW Conference kicked off with an array of inspiring sessions, insightful panel discussions, thought-provoking performances, and of course, a ton of meetings that will fuel the next wave of innovation across the tech ecosystem.  We were joined by 3,500 startups, 1,750 corporates, 600 investors, 2,000 tech ecosystem representatives, and 100 journalists for a full day of insights. These ranged from the critical role of AI in shaping tomorrow’s world and business environment, the evolution of tech work in a post-pandemic world, sustainable innovations, AR and VR, how to learn from mistakes as a startup founder — and…

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Fact-checking startup targets AI hallucinations after raising €1M

Jun20
by on June 20, 2024 at 10:35 am
Posted In: Insider


A fact-checking startup has accelerated plans to banish AI hallucinations after securing €1mn in funding. Norway-based Factiverse uses machine learning to verify content generated by artificial intelligence. The company’s tools automatically detect inaccurate outputs. These errors now frequently cause controversy. A New York lawyer, for instance, had to apologise for using bogus court citations sourced from ChatGPT. CNET needed to correct 41 of the 77 stories that the news outlet had written with an AI tool. Microsoft’s Bing AI has produced numerous errors in analyses of earning reports. The company’s chatbot has also claimed it spied on employees. Factiverse offers a solution to…

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UK cybersecurity startup PQShield raises $37M for post-quantum cryptography

Jun20
by on June 20, 2024 at 7:00 am
Posted In: Uncategorized


Leading post-quantum cryptography (PQC) startup PQShield today announced a Series B raise of $37mn. This comes as organisations and businesses hasten to get “quantum-ready,” ahead of the first PQC standards being released in a few weeks time.  While today’s NISQ era quantum computers are not a danger to traditional means of encryption, future machines have been identified by among others the NSA as a threat to cybersecurity.  Once they become powerful enough, quantum computers could break most cryptographic schemes. Hence the need for post-quantum cryptography.  PQC aims to develop new cryptographic systems that will remain secure even from cyber attacks…

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