Meta to start labeling AI-generated content in May

Facebook and Instagram giant Meta on Friday said it will begin labeling AI-generated media beginning in May, as it tries to reassure users and governments over the risks of deepfakes. - Biden deepfakes - Meta said its rollout will occur in two phases with AI-generated content labeling beginning in May 2024, while the removal of manipulated media solely based on the old policy will cease in July.

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Exclusive | New AI law to secure rights of news publishers: Ashwini Vaishnaw

Global AI regulation discussions intensify as companies seek fair compensation for AI data training from publishers. EU leads with strict guidelines under AI Act. OpenAI claims fair use, NYT advocates for accountability in copyright law.

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US brokerages start Reddit coverage with doubts over turning a profit

U.S. brokerages express doubts about Reddit's profitability and meme stock potential. Bernstein rates 'underperform,' Baird 'neutral.' Reddit faces engagement challenges, struggles with ad tools and ad base growth, while shares fall below debut price.

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Marketing software startup SingleInterface raises $30 million led by Asia Partners

SingleInterface, a marketing software startup, was founded and incubated as part of Smile Group in 2015 by Tarun Sobhani and Harish Bahl. The latter is also the founder of Smile Group.

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Good Glamm strikes JV with Serena Williams for beauty brand launch in US

The Good Glamm Group and Serena Williams partner to introduce 'Wyn Beauty by Serena Williams' in the US market, following in the footsteps of other celebrity-led beauty brands like JLo Beauty and Skims.

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Meta's WhatsApp down for thousands, Downdetector shows

WhatsApp, owned by Meta Platforms, experienced a significant outage affecting thousands of users globally. Downdetector tracked over 17,000 incidents, with users in India, the UK, and Brazil reporting problems. Meta did not respond to requests for comment.

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IT sector’s challenges persist in Q4; guidance for FY25 in focus

HCLTech and Tata Consultancy Services (TCS) poised to dominate Indian outsourcing industry with expectations of revenue growth acceleration in FY25 driven by higher discretionary expenses and strong deal wins in the US market.

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Yahoo acquires Instagram cofounders' AI news platform Artifact

Yahoo acquires Artifact, co-founded by Instagram's Systrom and Krieger. Integrating AI-powered recommendation engine. Yahoo owns TechCrunch, Engadget, and Taboola. Purchased by Apollo for $5 billion.

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Zepto in talks for $300 million raise at $2.5-3 billion valuation

Zepto eyes $300 million fundraise for $2.5-3 billion valuation, targeting Ebitda positivity with $1.2 billion sales. Blinkit's GMV surpasses $1 billion; Zomato holds $1.5 billion cash; Swiggy prepares for IPO.

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ICEA talks to funds to set up an exchange for hi-tech India firms

ICEA leads discussions with fund houses to establish an exchange in India akin to Shanghai's Nasdaq. SEBI's pivotal role in developing an environment conducive to high-tech fundraising. Anand Lunia advocates for relaxed listing norms.

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Behind Hume’s conversational AI with emotional intelligence

Hume AI, backed by various investors, introduces a voice AI with emotional intelligence understanding human emotions. Founded by Alan Cowen, the startup secures $50 million in funding. The AI utilizes an empathic large language model and integrates with GPT and Claude.

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