June 1, 2024
Tech News
Ticketmaster, a subsidiary of Live Nation, recently disclosed a massive data breach affecting 560 million customers. The breach, discovered on May 20, 2024, involved unauthorized access to a third-party cloud database, leading to the sale of personal and credit card information. Despite the breach, Live Nation remains optimistic that it will not have a significant impact on its business operations or financial results. The company is actively collaborating with law enforcement and notifying affected users.
In other news, Amazon has announced updates to Alexa’s shopping and to-do list features, set to take effect on July 1, 2024. Third-party apps like AnyList and Todoist will lose access to Alexa lists unless they develop new custom skills. This change will require users to adapt to new voice commands for list management. Additionally, Amazon will be discontinuing the Alexa Shopping List Deals feature on July 10, 2024, hinting at a potential revamp of the shopping list experience.
OpenAI is planning to roll out customizable applications for ChatGPT, introducing a new GPT-4o multimodal language model for more tailored task handling. These updates aim to enhance human-machine interactions, offering a range of models to cater to different needs. OpenAI is also exploring the possibility of incorporating a search engine feature to compete with Google. Further advancements on GPT-5 and the video generation AI, Sora, are anticipated later this year.
Jasper Health, a cancer care platform startup supported by General Catalyst, recently underwent significant layoffs affecting departments like engineering and product design. While the exact number of job cuts remains unclear, it is estimated to be approximately half of the company’s workforce. Jasper Health had previously secured $25 million in a Series A funding round back in February 2022.
Tech Explained
Data Breach – A data breach refers to the unauthorized access of sensitive information, such as personal or financial data, by an individual or entity.
Alexa – Alexa is a virtual assistant developed by Amazon that responds to voice commands and performs various tasks, including managing shopping and to-do lists.
OpenAI – OpenAI is an artificial intelligence research laboratory that focuses on developing and promoting friendly AI for the benefit of humanity.
Series A Funding – Series A funding is the first significant round of investment in a startup by venture capitalists or angel investors to help the company grow and expand its operations.
Layoffs – Layoffs refer to the termination of employment for a group of employees by a company due to various reasons, such as restructuring, financial difficulties, or changes in business strategy.
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