Source: Meta warned it faces ‘heavy sanctions’ in EU if it fails to fix child protection issues on Instagram
Summary
Meta (formerly Facebook) may face heavy sanctions if it fails to fix child protection issues on Instagram in the EU, following a report by the Wall Street Journal exposing a network of Instagram accounts linking pedophiles to sellers of child sexual abuse material. The EU has given a hard deadline of August 25 to demonstrate effective measures or face penalties of up to 6% of global annual turnover.
Fact
💻 A report by the Wall Street Journal exposed a network of Instagram accounts linking pedophiles to sellers of child sexual abuse material (CSAM).
💰 Non-compliance with the Digital Services Act in the EU can result in fines scaling up to 6% of global annual turnover.
📈 Research by Stanford found that Instagram was the most important platform for sellers of self-generated CSAM (SG-CSAM), with Instagram’s recommendation algorithms being a key reason for the platform’s effectiveness in advertising SG-CSAM.
Source: Google’s Password Manager gains biometric authentication on desktop
Summary
Google Password Manager will soon gain desktop biometric authentication and allow users to add notes to saved credentials. Meanwhile, the iOS version will soon flag weak or reused passwords. Password Manager is a free service offered by Google to drive adoption of the Chrome browser.
Fact
Source: How one software company is beating the SaaS growth blues
Summary
Public software companies added fewer annual recurring revenue sources in Q1 2023, leading to a decline compared to the average quarterly figure from 2022, indicating that the go-go days of software firms growing rapidly are over. However, Samsara, a startup that went public in Q4 2021, was able to expand quickly and sustain its value, despite going public at the end of the venture capital bubble.
Fact
Source: ChatGPT comes to iPad, adds support for Siri and Shortcuts
Summary
OpenAI’s ChatGPT app introduces its first major update, aiming to enhance its features with iPad support and Siri, and Shortcuts accessibility. The app is also now available in various countries worldwide and has sustained its top rank on App Store charts, with an estimated 7.3 million global installs.
Fact
💻 The new version of ChatGPT app brings native iPad support.
📲 The update allows drag and drop of individual messages from ChatGPT into other apps.
🔜 The latest release of ChatGPT promises an Android version to roll out soon.
🤖 ChatGPT’s new feature, Siri and Shortcuts support, enables iOS users to create custom ChatGPT shortcuts.
💰 A paid version of ChatGPT, ChatGPT Plus, is available for subscriptions starting at $20 per month.