The share price of former president Donald Trump's Truth Social stock has plummeted to a new low after several key executives, including CEO Devin Nunes, started offloading their holdings. The company has burned through millions in cash, despite only making $4.1 million in all of 2023. Read more at @futurism #truthsocial #trump #tech #technology #USPolitics
Futurism
Truth Social Hits All-Time Low as CEO Sells His Crashing Stock
The share price of former president Donald Trump's Truth Social meme stock has plummeted to a new low.
In a new report, the Federal Trade Commission said the amount of money lost to Bitcoin ATM scams increased nearly tenfold from 2020 to 2023, and consumers have already lost $65 million in the first half of this year alone. [@theverge](
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The Verge (@theverge) on Flipboard
Every day, The Verge asks how technology is changing the way we live and seeks out the most important ideas, people, events, and objects that might...
 ) reports. #Bitcoin #scams #FTC #crypto
The Verge
Bitcoin ATM scammers stole $65 million in first half of 2024
The median reported loss is around $10,000.
The price of some Canva subscriptions are set to skyrocket next year following the company’s aggressive rollout of generative AI features. The company says the increase is justified due to the “expanded product experience, ” [@theverge](
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The Verge (@theverge) on Flipboard
Every day, The Verge asks how technology is changing the way we live and seeks out the most important ideas, people, events, and objects that might...
 ) reports.
The Verge
Canva says its AI features are worth the 300 percent price increase
So much for being a cheap Adobe alternative.
 #Canva #AI #IPO
@npub1psar...j5uh reports that LobbyMatic, a company secretly operated by right-wing activists Jacob Wohl and Jack Burkman for months, advertised in screenshots that major companies were using its product; many of these companies now say that they have never been clients
404 Media
Big Tech ‘Clients’ of Jacob Wohl’s Secret AI Lobbying Firm Say They've Never Heard of It
Pfizer, Microsoft, Palantir, Home Depot, and Lockheed Martin were all shown as "clients" of LobbyMatic. All of them say they haven't worked with th...
 #AI #tech #microsoft
Convicted fraudsters launch AI lobbying firm using fake names. [@politico](
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POLITICO (@politico) on Flipboard
POLITICO is the authority on power and politics. Follow politico on Flipboard, to explore their latest magazines and flipped articles.
 ) reports: "A Washington startup pitched as a service to integrate AI into lobbying is covertly run by a pair of well-known, far-right conspiracy theorists and convicted felons who are using pseudonyms in their new business." https://flip.it/Yssf18 #AI #ArtificialIntelligence #Tech #Technology #USPolitics #FarRight #ConspiracyTheories
Sign or veto: What’s next for California’s AI disaster bill, SB 1047? [@Techcrunch](
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Breaking technology news and analysis. The number one guide for all things tech.
 ) reports: "A controversial California bill to prevent AI disasters, SB 1047, has passed final votes in the state’s Senate and now proceeds to Governor Gavin Newsom’s desk."
TechCrunch
Sign or veto: What's next for California's AI disaster bill, SB 1047? | TechCrunch
The tech industry has responded with a resounding outcry against SB 1047.
 For ongoing coverage, follow [@the-age-of-ai-tech](
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The Age of AI | @tech | Flipboard
Capturing the biggest need-to-know stories about artificial intelligence technology and what its rapid advancement means for our future. Stories co...
 ) #AI #ArtificialIntelligence #Tech #Technology #California #USPolitics
Sub.club is here to help the fediverse make money. From [@theverge](
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The Verge (@theverge) on Flipboard
Every day, The Verge asks how technology is changing the way we live and seeks out the most important ideas, people, events, and objects that might...
 ): "The idea is that this will let users on ActivityPub-based platforms like Mastodon easily offer paid subscriptions and premium content while taking a 6 percent cut in addition to payment processing fees. It could solve a big problem with the fediverse right now: it’s not easy to make a living on it unless you direct your followers back to existing platforms like Patreon."
The Verge
Sub.club is here to help the fediverse make money
“There’s a lot of free labor that runs the fediverse right now.”
 #Fediverse #Mastodon #ActivityPub #SocialMedia #Creators #Tech #Technology
Here’s an interesting thought: Do we have Microsoft to thank for the iPhone? On the eve of yet another Apple event, one in which it will introduce a collection of iPhone 16 handsets, it’s worth looking back to 1997 when MSFT committed to buying $150M Apple shares, a huge cash infusion that boosted its struggling rival. TechRadar has more: https://flip.it/4YEKMI #Tech #Apple #Microsoft #iPhone
Contrary to popular belief, generative AI is capable of producing quality prose. Will AI change literature the same way past innovations changed other arts? Read more from Big Think, including what happened when a tech-savvy fan asked ChatGPT to write its own version of George R.R. Martin’s upcoming sixth installment in the series that inspired “Game of Thrones.”
Big Think
ChatGPT is great at summarizing books. But will AI ever write a true work of literature?
With the right prompts, large language models like ChatGPT can produce quality writing — and make us question the limits of human creativity.
 #Tech #AI #ChatGPT #Technology #ArtificialIntelligence
Hasbro spent two years secretly working a kids lightsaber, but then walked away from it without explanation. But you can still walk into a Target or Walmart and buy a Goliath Power Saber for $60. It doesn’t have official Star Wars sounds, but the extendable and retractable blade is the toy fans of the franchise have always wanted. Read more from The Verge:
The Verge
How Star Wars walked away from the world’s first self-retracting lightsaber toy
The Goliath Power Saber.
 #Tech #StarWars #LightSaber #Technology Follow [@theverge](
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