Meta is implementing new facial recognition technology on Facebook and Instagram to counter scams involving fake ads and celebrity impersonation. This technology aims to shield users from deceptive ads that misuse images of famous personalities to lure users into engaging with fraudulent promotions. How Facial Recognition Tackles Fake Celebrity Ads Meta’s ad review system will …
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IBM Launches Open-Source AI Model ‘Granite 3.0’ for Enterprise Customization
IBM has introduced “Granite 3.0,” its latest AI model tailored for businesses pursuing generative AI capabilities. Unlike some competitors, IBM offers Granite 3.0 as open-source, enabling organizations to adapt and customize the model to meet specific business needs. This approach provides companies with greater flexibility and control over how they leverage AI. To support companies …
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Transforming Carbon Reporting: AI Tools Pave the Way for ESG Compliance and Sustainable Growth
A senior leader in the sustainability tech industry has highlighted how AI-driven tools are transforming the way businesses meet Environmental, Social, and Governance (ESG) compliance. By simplifying data collection and addressing the complexities of tracking Scope 3 emissions, these solutions help businesses close critical data gaps and comply with sustainability regulations more efficiently. Tightening Sustainability …
Cherry Bekaert Boosts Digital Transformation Services with ArcherPoint Merger
Cherry Bekaert (the Firm) has announced its acquisition of ArcherPoint, a Microsoft Certified Solutions partner serving clients across North America and Europe. This move enhances Cherry Bekaert’s Enterprise Resource Planning (ERP) offerings, further building on its recent acquisition of Kerr Consulting. In addition, ArcherPoint’s presence expands Cherry Bekaert’s footprint into the Canadian market. ArcherPoint, headquartered …
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OpenAI Advocates for AI Transparency with Backing of California Labeling Bill
OpenAI, the company behind ChatGPT, is endorsing California’s AB 3211 bill, which seeks to require tech companies to clearly label AI-generated content. This content can vary from innocent memes to deepfakes designed to spread misinformation about political candidates. However, AB 3211 has received less attention compared to another California AI bill, SB 1047, which requires …
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Cardinal Health’s CIO Sells Shares As Company Boosts Earnings And Future Guidance
Cardinal Health Inc. recently witnessed a significant stock transaction by one of its senior leaders. Michelle D. Greene, who serves as the company’s Chief Information Officer, offloaded 4,000 shares of Cardinal Health stock on August 19, 2024. These shares were sold at an average price of $108.85 each, amounting to a total of more than …
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France’s Cybersecurity Efforts Mitigate Threats During Paris Olympic Games
In the period leading up to and throughout the Olympic Games, France’s cybersecurity agency was on high alert to counter potential cyberattacks that could disrupt the organizing committee, ticketing, or transportation systems. Between July 26 and August 11, Anssi, the government’s cybersecurity agency, reported 119 instances of minor security events and 22 incidents where malicious …
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Pharma Company Drops Microsoft Copilot AI Due To High Costs And Limited Value, Sparking Industry Concerns
A pharmaceutical company decided to discontinue using Microsoft’s Copilot AI tool, with an executive pointing to its high cost and limited value. After deploying Office 365 Copilot for 500 employees, the company found it underwhelming, likening its performance to that of middle-school presentations. In response, Microsoft is considering restructuring its 365 licenses to enhance the …
Alphabet Eyes Record-Breaking $23 bn Acquisition of Cybersecurity Firm Wiz
Alphabet, Google’s parent company, is on the verge of acquiring cybersecurity startup Wiz for approximately $23 bn, which would mark Alphabet’s largest acquisition to date. The majority of the payment is expected to be in cash, and the deal could be finalized soon, as reported by Reuters. Wiz, initially established in Israel and now headquartered …
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Apple In Talks With Meta For Groundbreaking AI Integration In Apple Intelligence
Apple is reportedly in talks with Meta about a potential partnership involving AI, according to sources cited by The Wall Street Journal (WSJ) on Sunday, June 23. The discussions between the iPhone maker and the social media giant center around incorporating Meta’s AI model into Apple’s newly launched Apple Intelligence. This move could significantly benefit …
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