Thursday, June 15, 2023

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☕️ Techpresso: Google Bard delayed in EU, Twitter sued for $250m, Elizabeth Holmes pleads poverty, Intel rebrands processors, Diablo IV's record sales

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This is your daily dose of ☕️ Techpresso, where you get the latest tech news of the day effortlessly.

Here's the latest tech news from the last 24 hours:
🔐 Google Bard's EU launch delayed over privacy concerns
🎵 Twitter faces a $250 million lawsuit from music publishers
🎮 Diablo IV's record-breaking sales exceed $666 million in just five days
💻 Intel made its biggest processor rebranding in 15 years
💸 Ex-Theranos CEO Elizabeth Holmes claims inability to pay $250 monthly restitution

🔐 Google Bard's EU launch delayed over privacy concernsLINK

  • Google's Bard AI service, described as "lying, useless, and dangerous," is currently being pushed to market in an attempt to compete with Microsoft's ChatGPT, despite privacy and data protection concerns in Europe due to GDPR.
  • Google has not yet provided a proper data protection impact assessment (DPIA) or other supporting documentation to the Data Protection Commission (DPC) of Ireland, which could delay or even deny the launch of Bard in the EU.
  • The EU's antitrust authorities have accused Google of monopolistic practices, and the region is proposing stricter rules against disruptive AI algorithms, posing potential significant risks to Google's future operations in one of the world's wealthiest markets.
  • 🎵 Twitter faces a $250 million lawsuit from music publishersLINK

  • A coalition of music publishers, represented by the National Music Publishers' Association (NMPA), is suing Twitter for copyright infringement, alleging the social network ignored multiple copyright violation notices concerning 1,700 songs.
  • The lawsuit claims Twitter is using infringing copies of musical compositions to fuel its business and has not, unlike competitors TikTok and Instagram, negotiated a music licensing deal for the use of copyrighted music.
  • David Israelite, president of the NMPA, accused Twitter of being the largest social media platform that refuses to license the millions of songs on its service, and suggested the company can no longer hide behind the Digital Millennium Copyright Act (DMCA) to avoid compensating songwriters and music publishers.
  • 🎮 Diablo IV's record-breaking sales exceed $666 million in just five daysLINK

  • Activision Blizzard's new Diablo IV video game has made $666 million in global sales within five days, making it the fastest-selling game ever for the company's subsidiary, Blizzard Entertainment.
  • The U.K.'s Competition Market Authority (CMA) and the Federal Trade Commission (FTC) have raised concerns over Microsoft's planned acquisition of Activision Blizzard, mainly over potential domination of the cloud gaming space through Microsoft's Xbox Game Pass.
  • While Diablo IV's sales are a record for Blizzard, they do not surpass the industry record set by Take-Two's Grand Theft Auto V and Red Dead Redemption, which made $1 billion and $725 million respectively in their first three days of sales.
  • 💻 Intel made its biggest processor rebranding in 15 yearsLINK

  • As part of a brand simplification, Intel's mainstream CPUs will lose their "i" designation, transitioning from Core i3/i5/i7/i9 to Core 3/5/7/9, and the company will cease using "generational" messaging in its processor branding.
  • A new "Ultra" designation will be introduced for high-end chips, resulting in names such as Core Ultra 5, Core Ultra 7, or Core Ultra 9; however, Intel has not provided specific details about what constitutes an "Ultra" processor.
  • The changes are part of a broader shake-up in Intel's processor branding strategy which began last year when the company dropped the Pentium and Celeron brand names for low-end laptop CPUs, now simply referred to as Intel Processors.
  • 💸 Ex-Theranos CEO Elizabeth Holmes claims inability to pay $250 monthly restitutionLINK

  • Former Theranos CEO Elizabeth Holmes, currently serving an 11-year sentence for fraud, has claimed she cannot afford to pay the proposed $250 per month in restitution to the victims of Theranos due to "limited financial resources".
  • The Justice Department had requested Holmes to pay this amount, or at least 10% of her income, to the victims once she leaves prison; Holmes and former Theranos COO Ramesh "Sunny" Balwani have also been ordered to pay $452 million in total restitution.
  • Currently, Holmes is required to pay $25 every three months while incarcerated, and her ex-partner Balwani, serving a 13-year sentence, is expected to pay $1,000 per month in restitution after his release.

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