Category: Consumer Assistance
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Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create a “back door” to its encrypted cloud storage systems (Sam Tobin/Reuters)
Sam Tobin / Reuters: Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create a “back door” to its encrypted cloud storage systems — Apple (AAPL.O) is appealing against a British government order to create a “back door” to its encrypted cloud storage systems …
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Source: AI coding startup Cursor, which has helped permeate “vibe coding”, hit 1M+ DAUs in March 2025, driven largely by word-of-mouth growth (Rachel Metz/Bloomberg)
Rachel Metz / Bloomberg: Source: AI coding startup Cursor, which has helped permeate “vibe coding”, hit 1M+ DAUs in March 2025, driven largely by word-of-mouth growth — Word-of-mouth growth has helped turn a 60-person startup into one of the early hits of the generative AI era.
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Nintendo and Sony fell by 10%+ on April 7 amid a widespread selloff in Japan exacerbated by US tariffs; most Switch hardware is assembled in China and Vietnam (Vlad Savov/Bloomberg)
Vlad Savov / Bloomberg: Nintendo and Sony fell by 10%+ on April 7 amid a widespread selloff in Japan exacerbated by US tariffs; most Switch hardware is assembled in China and Vietnam — Nintendo, fresh off the announcement of its pivotal next-generation Switch 2 console, is particularly vulnerable as North America accounted …
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Bitcoin is down 10% to around $76,000 after President Trump’s global tariffs, far below its record $110,000 high at Trump’s January 20 inauguration (David Yaffe-Bellany/New York Times)
David Yaffe-Bellany / New York Times: Bitcoin is down 10% to around $76,000 after President Trump’s global tariffs, far below its record $110,000 high at Trump’s January 20 inauguration — The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.
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TSMC and Foxconn fell by the Taiex exchange’s daily 10% limit on April 7 as US tariffs roil global supply chains; Taiwan’s 32% tariff is among Asia’s highest (Reuters)
Reuters: TSMC and Foxconn fell by the Taiex exchange’s daily 10% limit on April 7 as US tariffs roil global supply chains; Taiwan’s 32% tariff is among Asia’s highest — Taiwan stocks plummeted almost 10% on Monday, the biggest one-day percentage fall on record, in the first trading since U.S. tariffs …
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AI is aiding radiologists with tools like tumor-detection algorithms; 75%+ of AI software cleared by the US FDA for medical use is designed to support radiology (Jamie Friedlander Serrano/Washington Post)
Jamie Friedlander Serrano / Washington Post: AI is aiding radiologists with tools like tumor-detection algorithms; 75%+ of AI software cleared by the US FDA for medical use is designed to support radiology — About two-thirds of radiology departments in the United States use AI in some capacity, according to a recent unpublished survey.
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A look at the ARC-AGI exam designed by French computer scientist François Chollet to show the gulf between AI models’ memorized answers and “fluid intelligence” (Matteo Wong/The Atlantic)
Matteo Wong / The Atlantic: A look at the ARC-AGI exam designed by French computer scientist François Chollet to show the gulf between AI models’ memorized answers and “fluid intelligence” — Deep down, Sam Altman and François Chollet share the same dream. They want to build AI models that achieve …
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Sources: OpenAI recently discussed acquiring io Products, a startup Sam Altman has been working on with Jony Ive to develop an AI-powered device, for $500M+ (The Information)
The Information: Sources: OpenAI recently discussed acquiring io Products, a startup Sam Altman has been working on with Jony Ive to develop an AI-powered device, for $500M+ — OpenAI in recent weeks discussed acquiring a startup its CEO Sam Altman has been working on with ex-Apple designer Jony Ive’s studio …
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The UK bans hidden fees imposed by online businesses as well as the use or commissioning of fake reviews, effective April 6, with compliance enforced by the CMA (Jon Ungoed-Thomas/The Guardian)
Jon Ungoed-Thomas / The Guardian: The UK bans hidden fees imposed by online businesses as well as the use or commissioning of fake reviews, effective April 6, with compliance enforced by the CMA — New law aims to eliminate added costs that can be up to 25% of retail price — Sneaky fees that are…
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Paris-based Pennylane, which makes cloud-based accounting software, raised €75M, doubling its valuation to €2B, led by Sequoia and with Alphabet among investors (Ryan Browne/CNBC)
Ryan Browne / CNBC: Paris-based Pennylane, which makes cloud-based accounting software, raised €75M, doubling its valuation to €2B, led by Sequoia and with Alphabet among investors — French accounting software firm Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) in a new 75 million euro funding round.
