While people globally use Wikipedia as their go-to information source, there’s typically no way of verifying if the content on the platform is correct. Meta is aiming to solve that issue with new AI software that fact-checks Wikipedia pages. Meta’s AI utilizes what’s called natural language understanding (NLU) techniques to validate Wikipedia citations. “Automated tools can help identify gibberish or statements that lack citations, but helping human editors determine whether a source actually backs up a claim is a much more complex task — one that requires an AI system’s depth of understanding and analysis,” Meta shared in a blog post announcing the AI. With over 17,000 new articles added to Wikipedia each month, it’s nearly impossible to have a human fact-check each individual source, wit...
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Following Elon Musk‘s announcement to back out of the $44 billion USD Twitter deal. Since he has bailed on the acquisition deal, Musk has now been warned that Twitter is prepared to take legal action if it does not go through. In an internal memo obtained by The Verge, Twitter’s general counsel has warned its employees against speaking out on the Twitter deal. As it could be deduced, the acquisition agreement made headlines across the world and features ongoing legal matters and sensitive material. Part of the reason why Musk’s team has decided against moving forward is due to Twitter having “failed or refused to provide” information regarding the number of bots on the platform. The memo was sent by Sean Edgett, Twitter’s general counsel, to staff on Friday and read, Team, Today we receive...
On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address some of the biggest questions facing the digital assets sector. By providing holistic guidance to the rapidly growing industry, the bill offers a bipartisan response to President Biden’s call for a whole-of-government approach to regulating crypto. Among its many proposals, the bill establishes basic definitions, provides an exemption for digital currency transactions and harmonizes the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), delineating regulatory swim lanes and granting a significant jurisdictional expansion to the CFTC. The bi...
Just three days ago, Tesla CEO Elon Musk expressed his intention to back out of his agreed acquisition of Twitter, and the social media platform has now announced plans to file a lawsuit against the tech mogul. Announcing the decision to sue over on Twitter, the company’s chairman Bret Taylor wrote: “The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement.” The notice came just under an hour after Musk’s legal team filed to withdraw from the deal with the Securities and Exchange Commission. “We are confident we will prevail in the Delaware Court of Chancery,” Taylor added. Stay tuned as the story develops. The Twitter Board is committed to closing the transaction on the price...
Just three days ago, Tesla CEO Elon Musk expressed his intention to back out of his agreed acquisition of Twitter, and the social media platform has now announced plans to file a lawsuit against the tech mogul. Announcing the decision to sue over on Twitter, the company’s chairman Bret Taylor wrote: “The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement.” The notice came just under an hour after Musk’s legal team filed to withdraw from the deal with the Securities and Exchange Commission. “We are confident we will prevail in the Delaware Court of Chancery,” Taylor added. Stay tuned as the story develops. The Twitter Board is committed to closing the transaction on the price...