RBI Regs 💳, Kaspersky India 🇮🇳, OpenAI AI 🤖

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to today's edition of the NextBigWhat Daily News! Today's top stories include RBI's new card-issuer regulations, Kaspersky's investment in India, and OpenAI's decisions on their AI technology. 🤖 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( Twitter Quietly Lifts Login Mandate for Tweet Viewing 🌎 GlobalTech - Twitter has silently removed the login requirement it had recently enforced, allowing users to open Twitter links without an account. - The move was observed by TechCrunch and Engadget, noting tweet previews were unfurling in messaging apps like Slack, WhatsApp, and iMessage. - This decision, termed as a ‘temporary emergency measure’ by Musk to combat data scraping, was taken down without an official announcement. Authors Accuse OpenAI of Illicit Use of Their Books in AI Training 🤖 AI - Authors Paul Tremblay and Mona Awad have sued OpenAI, alleging that their copyrighted books were used without permission to train ChatGPT. - The authors claim ChatGPT’s accurate summaries of their books indicate the tech was trained on their work, violating copyright laws. - The case, filed in a San Francisco federal court, aims to prove that OpenAI’s training data relied heavily on copyrighted material, impacting the authors financially. How to build a cult-like brand [NBW Newsletter Ad]( BigIdeas from Lenny Rachitsky's podcast - summarized for a quick read. "momentum above all else" - Laura Modi, CEO and co-founder of Bobbie, the first woman-owned, organic infant formula in the U.S. [Read]( ChatGPT Apps Underperformance Indicates Challenges to Google’s Search Engine Dominance 🤖 AI - AI-powered ChatGPT’s app downloads and Bing’s ChatGPT-based chatbot installations have fallen by 38% in June, while Google’s search engine market share remains largely steady, as per a BofA analysis. - The slowdown raises concerns about the investment risk for tech firms, including Google and Microsoft, investing heavily in AI in a bid to build next-gen search engines. Meta Releases Twitter-Like Messaging App ‘Threads’ Linked to Instagram 🌎 GlobalTech - Meta’s CEO Mark Zuckerberg announced the release of Threads, a text-focused social messaging app stylistically similar to Twitter, aimed at users leaving Twitter. - Available in over 100 countries, Threads allows users to post short messages, like, share, and comment much like Twitter while using their existing Instagram usernames. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( OpenAI Forms Team to Safeguard Against ‘Superintelligent’ AI 🤖 AI - OpenAI is developing a new team, led by Chief Scientist Ilya Sutskever, to guide and control superintelligent AI systems. - The Superalignment team’s goal is to build an ‘automated alignment researcher’, which will be a human-level AI capable of conducting alignment safety research. - With potential for AI systems to become smarter than humans within the decade, this team will address the absence of measures to prevent superintelligent AI from going rogue. RBI Proposes New Guidelines Limiting Exclusive Card-Issuer Deals 🇮🇳 IndiaTech - The Reserve Bank of India has proposed rules prohibiting exclusive deals between card issuers and networks such as Mastercard, Visa, RuPay. - The new rules would require issuers to offer cards on multiple networks and allow customers to choose their network at issuance and beyond. - The plan aims to boost competition and increase customer choices; stakeholders can provide feedback until August 4. Jeff Bezos’ Blue Origin contemplates International Expansion amid Europe’s Launch Constraints 🌎 GlobalTech - Blue Origin, the space company owned by Jeff Bezos, is considering international expansion, specifically targeting a launch site outside the U.S and looking for partnerships and acquisitions in Europe. - Europe’s decreasing launch options and the potential space tourist market in the Middle East present possible advantages for Blue Origin. - The company’s plans for expansion beyond launch vehicles, an anticipated skilled European workforce and consideration of acquisitions aim at fostering growth and potential competition with SpaceX and Rocket Lab. Firefox to Discontinue Support for Older MacOS and Windows Versions 🌎 GlobalTech - The Mozilla-owned browser announces the end of support for macOS 10.12 Sierra, 10.13 High Sierra, 10.14 Mojave, and Windows 7 and 8 by September 2024. - These operating systems will be moved to Firefox Extended Support Release, primarily an enterprise level of tech support, as Apple and Microsoft have ended security updates to them. - Firefox users are advised to move to Windows 10, as Google Chrome and Microsoft Edge have already terminated support for Windows 7, 8, and 8.1, due to security risks. OpenAI Suspends New ChatGPT Feature Over Paywall Bypass Concerns 🤖 AI - OpenAI disabled its recently launched ‘Browse With Bing’ browser integration for ChatGPT after users exploited it to access paywalled content. - The halt affects paying ChatGPT Plus customers, limiting the functionality of the AI chatbot that cost $20 per month. - This development underscores debates around AI firms using scraped data without adequately compensating content authors. Kaspersky Boosts Investment in India with Focus on People and Technology 🇮🇳 IndiaTech - Cybersecurity firm Kaspersky to significantly increase investments in India. - The new managing director for Asia Pacific, Adrian Hia, highlights India as a key region in their growth strategy. - Company aims to expand its presence and increase its headcount in India by 20% Year on Year. Infosys’ Chief Information Strategy Officer Vishal Salvi Steps Down, Takes Helm at Quickheal as CEO 🇮🇳 IndiaTech - Vishal Salvi, after seven years as Chief Information Strategy Officer (CISO) at Infosys, is leaving to join cybersecurity firm Quickheal as CEO. - This follows a trend of top executives leaving Infosys, with President Mohit Joshi and Ravi Kumar S previously vacating their roles to become CEOs at Tech Mahindra and Cognizant, respectively. Healthtech startup Mojocare facing potential shutdown due to suspected financial irregularities 🇮🇳 IndiaTech - Mojocare is considering a complete shutdown as an internal audit reveals financial irregularities, leaving investors skeptical about the firm’s sustainability. - The startup has laid off over 80% of its workforce and unless a consolidation deal is found, remaining funds will be returned to investors. - Despite the ongoing troubles, co-founders Rajat Gupta and Ashwin Swaminathan are expected to be absolved in the forensic audit. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](