Softbank
Softbank gives UK AI chip maker Graphcore a soft landing
Japanese tech investor has a taste for British chips and bought up the storied silicon designer ARM in 2016
AI
EU AI Act enters into law: Businesses face "potentially lethal" compliance risks, expert warns
"Astronomical fines, sweeping scope, and unclear definitions. The scariest thing about AI is now, unequivocally, AI regulation itself."
News
Most digital businesses now use ‘dark patterns’ to manipulate consumers, FTC warns
Three-quarters of websites employ deceptive tactics such as "sneaking" or "interface interference" to force purchases or trick people into handing over data
Citigroup
Citigroup fined $136 million: Regulator warns of "enterprise-wide deficiencies”
Banking group facing huge payout after allegedly making "insufficient progress" on risk and data quality management transformation
Microsoft
Microsoft promises HCI on EU clouds as it settles complaint – but AWS, Google, other critics lash out
"CISPE has given Microsoft the benefit of the doubt"
vulnerabilities
Trio of unauthenticated ServiceNow vulnerabilities exposed 42,000
CVE-2024-4879 (CVSS 9.8) lets “an unauthenticated user remotely execute code” -- ServiceNow swiftly pushed fix to hosted instances but those self-hosting must...
LLMs
OpenAI sends frontier model LLMs to fight bioterrorism at Los Alamos Lab
"Measuring and understanding any potential dangers or misuse of advanced AI related to biological threats remain largely unexplored."
News
AWS brings anti-hallucination Guardrails to Bedrock, promises 'grounding' in reality
Cloud giant wants to make sure model responses are useful and founded on a firm foundation of enterprise data, rather than wild flights of fancy
fintech
Global fintech investment slump worsens: UK suffers 'steep drop'
The slowdown in funding activity during 2024 comes after a year so bad it was described as a "bloodbath" for fintech startups.
DARPA
DARPA is creating “reprogrammable microorganisms” to produce petrochemicals
Secretive US military research wing "aims to enable new concepts of operation for biomanufacturing that provide novel capabilities for national security.”
Patch Tuesday
Patch Tuesday brings a Hyper-V vulnerability exploited in the wild, trio of CVSS 9.8 bugs in RDS
Admins face prioritising 143 patches including two known-exploited.
NATO
The cyber threats facing NATO: Google shares threat intel as leaders meet in Washington
Threat actors may be preparing to attack critical infrastructure (if they haven't started already), researcher warns