AI is hitting the global labour market "like a tsunami" International Monetary Fund Managing Director Kristalina Georgieva said on Monday. AI is likely to impact 60% of jobs in advanced economies and 40% of jobs around the world in the next two years, Georgieva told an event in Zurich. From a report: "We have very little time to get people ready for it, businesses ready for it," she told the event organised by the Swiss Institute of International Studies, associated to the University of Zurich. "It could bring tremendous increase in productivity if we manage it well, but it can also lead to more misinformation and, of course, more inequality in our society."

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Apple and Google have launched a new industry standard called "Detecting Unwanted Location Trackers" to combat the misuse of Bluetooth trackers for stalking. Starting Monday, iPhone and Android users will receive alerts when an unknown Bluetooth device is detected moving with them. The move comes after numerous cases of trackers like Apple's AirTags being used for malicious purposes. Several Bluetooth tag companies have committed to making their future products compatible with the new standard. Apple and Google said they will continue collaborating with the Internet Engineering Task Force to further develop this technology and address the issue of unwanted tracking.

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An anonymous reader shares a report: Microsoft is attempting to solve the hassle of coordinating with colleagues on when everyone will be in the office. It's a problem that emerged with the increase in hybrid and flexible work after the recent covid-19 pandemic, with workers spending less time in the office. Microsoft Places is an AI-powered app that goes into preview today and should help businesses that rely on Outlook and Microsoft Teams to better coordinate in-office time together. "When employees get to the office, they don't want to be greeted by a sea of empty desks -- they want face-time with their manager and the coworkers they collaborate with most frequently," says Microsoft's corporate vice president of AI at work, Jared Spataro, in a blog post. "With Places, you can more easily coordinate across coworkers and spaces in the office."

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An anonymous reader shares a report: Meta Platforms is exploring developing AI-powered earphones with cameras, which the company hopes could be used to identify objects and translate foreign languages, according to three current employees. Meta's work on a new AI device comes as several tech companies look to develop AI wearables, and after Meta added an AI assistant to its Ray-Ban smart glasses. Meta CEO Mark Zuckerberg has seen several possible designs for the device but has not been satisfied with them, one of the employees said. It's unclear if the final design will be in-ear earbuds or over-the-ear headphones. Internally, the project goes by the name Camerabuds. The timeline is also unclear. Company leaders had expected a design to be approved in the first quarter, one of the people said. But employees have identified multiple potential problems with the project, including that long hair may cover the cameras on the earbuds. Also, putting a camera and batteries into tiny devices could make the earbuds bulky and risk making them uncomfortably hot. Attaching discreet cameras to a wearable device may also raise privacy concerns, as Google learned with Google Glass.

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An anonymous reader shares a report: The default pasting behavior of Microsoft Word is a nightmare, and has been forever. If you want to add a text or image using the standard option, you can easily mess up the entire formatting in the text if a completely different font suddenly appears. After many years of complaints, Microsoft is finally listening to user feedback and changing the default behavior when pasting in Word. From now on, the source's formatting will no longer be automatically retained. Instead, "Merge formatting" will be the new default for everyone, as Microsoft explained in a blog post this week. This means that after the update, newly pasted text will take on the font size, font type, and color of the text written in Word. However, special features such as lists or italicized elements will be retained. If you want these elements to be automatically adapted to the Word text, you must select the option "Keep text only."

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OpenAI unveiled its latest foundation model, GPT-4o, and a ChatGPT desktop app at its Spring Updates event on Monday. GPT-4o, which will be available to all free users, boasts the ability to reason across voice, text, and vision, according to OpenAI's chief technology officer Mira Murati. The model can respond in real-time, detect emotion, and adjust its voice accordingly. Developers will have access to GPT-4o through OpenAI's API at half the price and twice the speed of its predecessor, GPT-4 Turbo. Further reading: VentureBeat.

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mspohr shares a report: The solar storm that brought the aurora borealis to large parts of the United States this weekend also broke critical GPS and precision farming functionality in tractors and agricultural equipment during a critical point of the planting season, 404 Media has learned. These outages caused many farmers to fully stop their planting operations for the moment. One chain of John Deere dealerships warned farmers that the accuracy of some of the systems used by tractors are "extremely compromised," and that farmers who planted crops during periods of inaccuracy are going to face problems when they go to harvest, according to text messages obtained by 404 Media and an update posted by the dealership. The outages highlight how vulnerable modern tractors are to satellite disruptions, which experts have been warning about for years. "All the tractors are sitting at the ends of the field right now shut down because of the solar storm," Kevin Kenney, a farmer in Nebraska, told me. "No GPS. We're right in the middle of corn planting. I'll bet the commodity markets spike Monday." Specifically, some GPS systems were temporarily knocked offline. This caused intermittent connections and accuracy problems with "Real-Time Kinematic" (RTK) systems, which connect to John Deere "StarFire" receivers that are in modern tractors and agricultural equipment. RTK systems use GPS plus a stream of constantly-updating "correction" data from a fixed point on the ground to achieve centimeter-level positional accuracy for planting crops, tilling fields, spraying fertilizer and herbicide, etc.

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The United States is heading to Geneva this week to start a series of diplomatic talks with the Chinese government about artificial intelligence safety and risk standards. From a report: The U.S. and China are in tight competition to dominate the AI market, both in the private sector and within their own governments. However, the two world powers have yet to agree on what it means to safely use the technologies they're developing. The United States and China will meet in Switzerland on Tuesday, senior administration officials told reporters during a briefing Friday. Officials from the White House and State Department will lead the U.S. delegation in the talks, while China will bring a delegation co-led by its Ministry of Foreign Affairs and National Development and Reform Commission. The talks will primarily focus on AI risk and safety "with an emphasis on advanced systems," one official said. Officials from the U.S. and China also plan to discuss the work they're doing in their own countries domestically to address AI risks.

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Google announced on Monday that it is preparing to bring its experimental Project Starline videoconferencing technology to the market. The company is collaborating with HP to integrate the system, which creates 3D projections of participants, into existing platforms like Google Meet and Zoom. The move aims to make the technology more accessible for offices and conference rooms, potentially transforming the way people communicate and collaborate remotely.

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The European Commission is set to issue new antitrust charges [non-paywalled link] against Microsoft over concerns that the tech giant is undermining competitors to its videoconferencing app Teams, according to FT. The move comes after Microsoft offered concessions last month, including a global plan to unbundle Teams from other software such as Office, in an attempt to avoid regulatory action. The EU officials remain concerned that the company's efforts do not sufficiently ensure fairness in the market, the newspaper said. Rivals worry that Microsoft will make Teams run more compatibly with its own software compared to competitor apps, and that the lack of data portability makes it difficult for existing Teams users to switch to alternatives. The case, which originated from a formal complaint submitted by Slack (now owned by Salesforce) in 2020, is now escalating with the Commission's impending formal charge sheet against Microsoft.

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Squarespace said on Monday it has agreed to be taken private by private equity firm Permira in an all-cash deal valued at approximately $6.9 billion. Under the terms of the agreement, Squarespace stockholders will receive $44.00 per share in cash, representing a premium of about 29% over the company's 90-day volume weighted average trading price. Upon completion of the transaction, Squarespace will become a privately held company. Founder and CEO Anthony Casalena will continue to lead the business and be one of the largest shareholders following the deal. "Squarespace has been at the forefront of providing services to businesses looking to establish themselves online for more than two decades. We are excited to continue building on that foundation, and expanding our offerings, for years to come," said Casalena in a statement. "We are thrilled to be partnering with Permira on this new leg of our journey, alongside our existing long-term investors General Atlantic and Accel, who strongly believe in the future of Squarespace," he added.

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Search giant Baidu fires its head of public relations after she outraged Gen Z workers. From a report [non-paywalled link]: The head of public relations at a major Chinese tech firm gained hundreds of thousands of followers seemingly overnight after posting a series of viral videos laying out her unapologetically tyrannical management style. The videos also earned her a pink slip from her employer after they set off an explosion of criticism among Gen Z Chinese fed up with the intense work culture that prevails in their country's tech industry. "I'm not your mother-in-law. I'm not your mom," Qu Jing, a vice president at Chinese search giant Baidu, said in one widely excoriated clip, referring to a colleague who was struggling with a recent breakup. "I only care about your results." In other videos, she criticized employees who didn't want to work weekends and dismissed complaints from one subordinate that messages she sent to a group chat late at night had kept a crying child awake. "Why should it be my business that your child was crying?" she said. On Thursday, as public outrage soared, Qu removed the videos from her account on Douyin, TikTok's sister platform in China, and replaced them with an apology. She said she had tried to do a good job but had been too impatient and hadn't adopted "a proper approach." Baidu Chief Executive Robin Li was furious at Qu and fired her on Thursday, according to people familiar with the matter. A top Baidu executive told employees that Qu's comments were "inappropriate and didn't represent and reflect the real culture and values of Baidu," the people said. The management also promised to review the company's corporate culture and working systems, they said. China's hard-charging tech industry relies heavily on a Darwinian work culture that demands near-total devotion to the workplace. Tech workers coined the term "996" to describe the typical schedule: 9 a.m. to 9 p.m., six days a week. Half a decade ago, videos like Qu's were just as likely to garner a shrug as generate controversy. But younger Chinese, much like their counterparts in the U.S., are increasingly skeptical of the pressure to work themselves ragged in pursuit of financial success. They have coined their own terms -- "lying flat" and "letting it rot" -- to describe their antipathy to the grinding ethos of 996.

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Eight years ago, a coalition of retail banks in India built a mobile payments system called the UPI. The system is interoperable, allowing users to make instant peer-to-peer transactions between them -- across all participating banks -- and to merchants at zero cost. Today, it processes more than 12 billion transactions each month -- more than all card payments combined in India -- and has become the most popular way Indians transact online. Many U.S. giants have cited UPI as an example that other countries should also explore developing. We have also covered UPI several times over the years. NPCI, a quasi-regulator founded by India's central bank, oversees UPI. Four years ago, it announced plans to enforce a market share cap on each participating player. The quasi-regulator didn't want few players to become too powerful and any single participant to process more than 30% of all UPI transactions in a month. It later postponed the deadline to January 1, 2025. Walmart-owned PhonePe and Google Pay command more than 86% of the UPI market. Now, the NPCI is reportedly planning to extend the deadline again by up to two years. The reason? TechCrunch reports: The NPCI had initially planned to enforce the market share cap in January 2021, but postponed the deadline to January 1, 2025. TechCrunch had previously reported that the regulator was moving towards extending the deadline further after concluding that there is no practical solution to address the issue. One can argue that the NPCI shouldn't be interfering with free market forces and let people decide which apps they wish to use. TechCrunch adds: However, several UPI providers admit that an incentive plan that unfairly differentiates [one of the proposed solutions by some industry players] against PhonePe and Google Pay will be a bad look for the ecosystem and could send wrong signals to the investor community. U.S.-based investors, including Accel, Lightspeed, Tiger Global, Insight Partners, Invesco, Vanguard, BlackRock and Fidelity, are among some of the most prolific investors in Indian public firms and startups. Some of the choices made by the RBI [India's central bank] and other regulators have already spooked many investors.

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Zitchas writes: The practice of having games require a connection to a publisher's server -- whether it is to check for a license or to access plug-ins and DLC -- is an increasingly common thing in computer software; and many people are concerned that at some point in the future the publisher will shut down their server, and effectively render the person who paid for the game left with something that no longer functions. This has already happened to some games and software Concerned citizens in Canada are taking the issue to their Parliament in order to push for a law that will mandate that when the server-side support for software is discontinued, companies must leave it in a functional state and remove mandatory connections to servers -- services that no longer exist. Perhaps even more importantly, the petition also asks government to pass a law prohibiting EULA's from forcing users to agree to waiving their right to this. Unfortunately, the petition is only open to citizens of Canada, so the rest of us are out of luck. Considering the potential benefits to the rest of the world if they enact legislation that does this, though, it might be worth suggesting to any of your Canadian friends to go sign the petition.

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The number of tornadoes so far in the United States this year is just above average. But their distribution is changing. From a report: Tornadoes tend to travel in packs these days, often with a dozen or more forming in the same region on the same day. On the worst days, hundreds can form at once. More than a dozen tornadoes were reported on both Monday and Tuesday this week across the Great Plains and the Midwest, according to the Storm Prediction Center run by the National Oceanic and Atmospheric Administration. Two weeks ago, on the most active day in April, 105 tornadoes were reported. While outbreaks like these have always happened, they have become more common in recent decades. The total number of tornadoes in the United States each year has stayed relatively consistent over the last several decades, but they now happen in more concentrated bursts over fewer days during the year. In the 1950s through the 1970s, on average about 69 percent of tornadoes in the United States happened on days with fewer than 10 tornadoes, and about 11 percent happened on days with 20 or more tornadoes. These percentages have shifted significantly in recent decades, according to a 2019 study. The researchers found that since 2000, on average only about 49 percent of tornadoes have happened on less busy days and about 29 percent have happened on days with 20 or more tornadoes. "Now when tornadoes happen, they often happen in an outbreak environment," said Tyler Fricker, an assistant professor of geography at the University of Louisiana Monroe and one of the authors of the study. While the timing of this trend lines up with the planet's rising temperatures, scientists are hesitant to definitively attribute tornadoes' clustering behavior to human-caused climate change.

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Apple's plans for AI on the iPhone could bring real-time transcription to its Voice Memos and Notes apps, according to a report from AppleInsider: People familiar with the matter have told us that Apple has been working on AI-powered summarization and greatly enhanced audio transcription for several of its next-gen operating systems. The new features are expected to enable significant improvements in efficiency for users of its staple Notes, Voice Memos, and other apps. Apple is currently testing the capabilities as feature additions to several app updates scheduled to arrive with the release of iOS 18 later in 2024. They're also expected to make their way to the corresponding apps in macOS 15 and iPadOS 18 as well.

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The head of the world's biggest advertising group was the target of an elaborate deepfake scam that involved an AI voice clone. From a report: The CEO of WPP, Mark Read, detailed the attempted fraud in a recent email to leadership, warning others at the company to look out for calls claiming to be from top executives. Fraudsters created a WhatsApp account with a publicly available image of Read and used it to set up a Microsoft Teams meeting that appeared to be with him and another senior WPP executive, according to the email obtained by the Guardian. During the meeting, the impostors deployed a voice clone of the executive as well as YouTube footage of them. The scammers impersonated Read off-camera using the meeting's chat window. The scam, which was unsuccessful, targeted an "agency leader," asking them to set up a new business in an attempt to solicit money and personal details. "Fortunately the attackers were not successful," Read wrote in the email. "We all need to be vigilant to the techniques that go beyond emails to take advantage of virtual meetings, AI and deepfakes."

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Electronic Arts CEO Andrew Wilson confirmed the company is considering putting ads in traditional AAA games, which players purchase for around $70 apiece. During EA's latest earnings call, Wilson said, "Advertising has an opportunity to be a meaningful driver of growth for us," and that teams are looking at how to thoughtfully implement ads within game experiences. In-game advertising is not new, with the first recorded instance dating back to 1978. As the gaming industry is expected to grow to $583 billion by 2030, in-game ads are seen as a natural progression. However, player reception depends on the placement and unobtrusiveness of the ads. EA has faced backlash in the past for poorly placed ads, such as full-screen promotions for a TV show in UFC 4, which disrupted gameplay. The company has been experimenting with dynamic ads since 2006, with titles like Need for Speed Carbon and Battlefield 2142 among the first to feature them.

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An anonymous reader shares a report: Japan's Ministry of Finance spent nearly $50 billion on April 29 and May 1 trying to prop up the value of the currency by selling US dollars and buying yen. Who was on the other side of this trade? Data from Deutsche Bank's foreign exchange trading platform suggests: literally everyone. "Nearly all client categories saw record USD/JPY buying during the assumed intervention days," writes George Saravelos, global head of FX research at the German bank, in a note to clients on Thursday. "That absorption of USD/JPY selling from the Japanese Ministry of Finance was so broad-based continues to point to the lack of effectiveness of this policy." The Japanese yen is the weakest G10 currency in trading on Thursday, deepening its decline relative to the US dollar to nearly 10% so far this year. Very low rates in Japan increase the appeal of holding other currencies where investors can earn more interest. Strategists have warned that action from the Bank of Japan may be needed to reinforce the Ministry of Finance's attempts to guard against further yen weakness.

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