Apple just issued a Rapid Security Response for iOS, iPadOS, and macOS, and that means

ChatGPT creator OpenAI is in talks to sell existing employees' shares at an $86 billion valuation, Bloomberg News

Move over Comic Sans, there's a new clown in town: TikTok Sans. Today (May 17)

PayPal has launched a new cryptocurrency that is tied to and backed by the US dollar. PayPal USD, issued by Paxos Trust Company, is a type of digital currency called a stablecoin, which differs to other cryptocurrencies like bitcoin as their values are tied to traditional fiat currencies like dollars, pounds or euros. “The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said PayPal chief executive Dan Schulman. “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD.” The new crypto token will roll out first to US PayPal customers, offering the ability to send and transfer PayPal USD to other people, as well as fund purchases when checking out at online stores. The new cryptocurrency comes at a time of increased scrutiny at the crypto industry, with regulators looking to avoid a repeat of the TerraUSD stablecoin collapse that wiped tens of billions of dollars from markets in 2022. The TerraUSD token was also pegged to the US dollar, however unlike PayPal USD it was not backed up by any dollar reserves. Instead, it used a partner cryptocurrency to maintain its value algorithmically, which ultimately caused both cryptocurrencies to crash in tandem. Other companies have also attempted to launch stablecoins, including Facebook’s Libra project, which was shut down last year after facing push back from regulators. The US House Financial Services Committee has since advanced a bill aiming to set up a federal framework for stablecoins in order to integrate them into modern payment systems. “We are currently at a crossroads to keep America at the forefront of digital asset innovation,” US Representative Patrick McHenry, who chairs the committee, said in a statement following PayPal’s announcement. “Congress is making significant, bipartisan progress on legislation to ensure the US leads the financial system of the future.” Read More What is Elon Musk’s ‘everything app’ X? Kenya suspends eyeball-scanning crypto worldcoin

Apple is fighting France's claims that the iPhone 12 surpasses European radiation exposure limits after French regulators on Tuesday ordered a pause on sales and a fix to phones already sold to customers.

Indonesia, South Korea and hosts China scooped gold at the Asian Games on Tuesday as eSports fans eagerly awaited the outcome of the first gaming medal...

SoftBank Group Corp. will take a group of its Indian startup founders to Silicon Valley next month for

Yes, we're already at number 15. In a few weeks, as it typically happens in

REDWOOD CITY, Calif.--(BUSINESS WIRE)--May 15, 2023--

There's a clever homage hidden in the opening credits of HBO's "Succession."

Meta has launched its new “Threads” app, widely thought to be an attempt to succeed Twitter. Threads is branded as an Instagram app and built by its team, but is focused on text updates, like Twitter. Users log into the separate app using their Instagram account and can then post up to 500 character text updates, which can also include photos and videos. Meta says that it has built the foundations of the app to be “open” and “interoperable” so that it can work alongside other social networks in the future. The company intends to support the ActivityPub technology that has been developed as a way of allowing other apps – such as Mastodon and Tumblr – to work together. Twitter was not mentioned in the announcement of Threads, despite its clear competition with the app. The launch of Threads comes at a difficult time for Twitter, which has faced serious technical issues and lost some of its central functionality in recent days. Threads is just the latest in a range of apps looking to take over from Twitter amid criticism of that service. Others, such as Mastodon and Bluesky, have struggled with technical issues and other problems. The launch also comes as Meta chief executive Mark Zuckerberg plots a mixed martial arts fight with Mr Musk. Meta said that Threads was intended to “take what Instagram does best and expand that to text, creating a positive and creative space to express your ideas”. “Just like on Instagram, with Threads you can follow and connect with friends and creators who share your interests – including the people you follow on Instagram and beyond,” it said in its announcement. A number of those influencers and celebrities had already signed up to post on Threads, Meta said. That included everyone from Netflix to Shakira, and from mixed martial arts champion Francis Ngannou to novelty song creators Ladbaby. For everyone else, Meta said the app had been built to be easy to get started with. While users must download the separate Threads app, they can use their existing Instagram account to log in, which will bring over their username and verification status, before their profile can be customised for Threads. Other data will be carried over from the main Instagram account, including profiles that have been blocked. Other safety features include the ability to block certain words or hide particular profiles. Like with Instagram, the Threads feed will push content from creators that people have not explicitly chosen to follow. The main Instagram app has received some criticism from users over its heavily algorithmic feed, with users arguing that the algorithm is pushing content that they would prefer not to see over updates from people they have actually opted to follow. The app is available in the US and UK at launch. It is not available in the European Union, apparently because of privacy concerns over the fact that data will be shared between different Meta apps. Perhaps the biggest departure from both rival services and other Meta apps is the decision to allow the app to be interoperable with other similar social platforms. By building on the ActivityPub protocol, Threads will allow users to take their posts into another app, for instance, or follow updates from different platforms. “Threads is Meta’s first app envisioned to be compatible with an open social networking protocol – we hope that by joining this fast-growing ecosystem of interoperable services, Threads will help people find their community, no matter what app they use,” Meta said in its announcement. The company has already announced that it plans to bring similar interoperable design to its existing, more popular apps, by integrating Instagram DMs with WhatsApp, for instance. Those tools are yet to be announced. Read More Meta to launch Threads app that will rival Twitter - live Judge blocks Biden agencies from communicating with social media platforms Meta’s Twitter alternative Threads to be launched this week Instagram and Facebook reveal how their AI decides what you see Celebrity impersonators banned from Facebook protest outside Meta offices Meta rejects accusation of censorship of language around female body

Sam Altman, the CEO of ChatGPT maker OpenAI, used a high-profile trip to South Korea on Friday to call for coordinated international regulation of generative artificial intelligence, the technology that underpins his famous chatbot.