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Here's the latest tech news from the last 24 hours:
☢️ Microsoft is going nuclear to power its AI ambitions
🚀 Bezos picks new CEO for his space company
🎵 Spotify will not ban AI-made music, says boss
💰 Reddit to begin paying people for popular posts
📊 Gen Z more susceptible to online scams than boomers
☢️ Microsoft is going nuclear to power its AI ambitionsLINK
Microsoft has listed a new job for a "Principal Program Manager Nuclear Technology," indicating they are exploring Small Modular Reactors (SMRs) for their energy needs.
The new hire will be responsible for integrating SMR and other microreactor designs into Microsoft Cloud's data centers, creating a roadmap for SMR deployment and identifying cost-saving opportunities.
Despite the current prototype stage of SMRs, Microsoft aims to be at the forefront of using compact nuclear reactors for energy, supplemented by a previous deal with Helion Energy for developing a fusion energy device.
🚀 Bezos picks new CEO for his space companyLINK
Bob Smith, CEO of Blue Origin, plans to retire by the end of the year, with his successor coming from another of Jeff Bezos' companies.
Dave Limp, who was about to step down as the head of Amazon's consumer devices division, will replace Smith as the new CEO of Blue Origin.
Blue Origin, currently dealing with several space projects including the launch of its next-gen rocket, was recently awarded a $34.7 million contract from NASA to further develop handling solar cells from lunar regolith.
🎵 Spotify will not ban AI-made music, says bossLINK
Spotify doesn't ban all forms of AI, but doesn't allow its content to be used for training AI or machine learning models, especially those capable of producing music.
Unauthorised songs using cloned versions of voices, such as a track featuring Drake and The Weeknd, have been removed from Spotify in the past.
Spotify CEO Daniel Ek, while talking about regulations, showed support for the upcoming Online Safety Bill and the Digital Markets and Competition Bill.
💰 Reddit to begin paying people for popular postsLINK
Reddit has launched a new Contributor Program that allows eligible users to earn real-world money from gold they receive on their content.
The program is open to users who are 18 and up, live in an eligible location and meet required karma and gold minimums, with the amount of real-world money earned per gold awarded varying based on these factors.
In line with this, Reddit has made user interface changes, highlighting gold upvotes for awarded content and allowing users to buy and give gold directly from posts, shifting away from Reddit Coins.
📊 Gen Z more susceptible to online scams than boomersLINK
Generation Z, individuals born between the late 1990s and early 2010s, are more likely to fall victim to online scams than older generations, according to a Deloitte survey.
Youths under 20 years old lost an estimated $210 million to online scams in 2022, escalated from $8.2 million in 2017, mainly due to their heavy reliance on the internet and prioritizing convenience over safety.
Vulnerability to "influencer scams" and manipulation by fraudulent websites targeting their online buying habits is a particular risk for Generation Z, who are more at ease with the internet and often overlook the implementation of online security practices.
Other news you might like
Telegram aims to become a super app similar to WeChat, developing a decentralized ecosystem with TON Foundation and Tencent for diverse mini apps.LINK
French billionaire Xavier Niel invests €200mn in AI, supporting projects including a cloud supercomputer, a Paris research centre and an annual AI conference.LINK
AI in film writing creates jobs, increase content accessibility, and hasn't caused job loss, despite challenges like joke-writing and "hallucinating", say industry CEOs.LINK
Nearly half of surveyed firms neglect to report cyberattacks internally or to authorities due to fears of repercussions and financial impact, according to Keeper Security's study.LINK
Ford suspends its $3.5 billion Blue Oval Battery Park project in Michigan, a facility expected to produce cheaper, more durable lithium iron phosphate cells.LINK
Ohio podcast host allegedly defrauded investors out of $11 million via fraudulent real estate schemes, facing SEC investigation.LINK
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