OpenAI releases gpt-oss-120b and gpt-oss-20b, its first open-weight models since GPT-2; the smaller gpt-oss-20b can run locally on a device with 16GB+ of RAM
gpt-oss-120b and gpt-oss-20b push the frontier of open-weight reasoning models Simon Willison / Simon Willison's Weblog : OpenAI's new open weight (Apache 2) models are really good OpenAI on GitHub : ...
Meta reports Q1 revenue up 16% YoY to $42.3B, vs. $41.4B est., net income up 35% to $16.6B, family daily active people up 6% to 3.43B on average for March 2025
and why simply isolating Chinese advertising spend was misguided... X: Roman Helmet Guy / @romanhelmetguy : Zuckerberg explaining how Meta is creating personalized AI friends to supplement your real o...
After a backlash, Meta says newly viral AI-generated profiles on Facebook and Instagram were created in 2023 in “an early experiment”, and it is deleting them
and what you can do with it Mia Sato / The Verge : Meta's AI-generated bot profiles are not being received well Josh Kerwick / Star Observer : Meta Wipes Scrutinised AI Accounts, Including A “Black Qu...
The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November
Press release: www.justice.gov/opa/pr/unite... [embedded post] Mastodon: Dare Obasanjo / @carnage4life@mas.to : There's no such thing as a free lunch. The DOJ has taken action against the fintech Da...
The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November
The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave Inc …
How Spotify used its Perfect Fit Content program to rig its system against musicians, filling popular playlists with “ghost artists” to cut its royalty payouts
here's what's going on Nick Heer / Pixel Envy : ‘Ghosts’ of Spotify — Liz Pelly, Harpers: … Reading this article made me feel quite sad. Bluesky: @nanobii.com : the spotify “fake artist” issue appar...
In a lawsuit, the US FTC accuses fintech startup Dave of misleading struggling borrowers about its cash advances terms, charging undisclosed fees, and more
Liz Hoffman / Semafor :
TabaPay, which offers instant payment services, agrees to acquire assets of banking-as-a-service startup Synapse, after Synapse filed for Chapter 11 bankruptcy
We are excited to announce that TabaPay is acquiring the assets of Synapse. TabaPay, Inc. : TabaPay to Acquire the Assets of Synapse Financial Technologies, Inc. X: Rohit Mittal / @rohitdotmittal : Fo...
Dave Mills, who created the Network Time Protocol in 1985 to synchronize time across different computer systems and networks, died at age 85 on January 17
https://arstechnica.com/... Zeb Palmer / @zebpalmer@syringa.social : I've spent a surprisingly significant percentage of my career trying to get thousands of servers scattered around the globe to all ...
Neobank Dave reaches an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note that the neobank issued to FTX Ventures in 2022
Fintech firm Dave will purchase a convertible promissory note worth $100 million at a discounted rate, paying $71 million to FTX liquidators.