'Blueprint for online safety': Google launches 'safety charter' to save Indians from online frauds
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The Hindu
4 minutes ago
- The Hindu
U.S. government eyes stakes in chipmakers; OpenAI to touch highest valuation for a private firm; Google settles YouTube children's lawsuit
U.S. government eyes stakes in chipmakers U.S. Commerce Secretary Howard Lutnick said the U.S. government is looking at picking up more equity stakes in computer chipmakers that are a part of the CHIPS Act. The U.S. federal government is already in talks to receive a 10% equity stake in Intel in exchange for cash grants. Lutnick said the they're exploring companies like Micron, TSMC and Samsung. Intel and Micron are the biggest recipients of grants from the CHIPS Act. White House press secretary Karoline Leavitt has confirmed the decision calling it a 'creative idea that has never been done before.' The U.S. government will not be directing Intel how to run their operations. Similar actions where the U.S. has taken a stake in a company to offer cash have happened before during time periods of economic uncertainty. Earlier this year, Trump approved Nippon Steel's purchase of U.S. Steel after being promised a 'golden share' that would prevent the companies from reducing or delaying investments, transferring production or jobs outside the U.S. or shutting down plants without Trump's permission. The $52.7 CHIPS Act provides funding for research and grants for building chip plants in the U.S. Last year, the U.S. Commerce Department gave out subsidies of $4.75 billion to Samsung, $6.2 billion to Micron and $6.6 billion to TSMC. OpenAI to touch highest valuation for a private firm OpenAI is in discussions to sell $6 billion in shares pushing the AI firm's valuation to $500 billion, the highest valuation for a privately held firm. This would edge it past Elon Musk's SpaceX and TikTok parent ByteDance. Currently, SpaceX is the most valued private company globally at $350 billion. Investors who will be a part of the secondary share sale includes SoftBank, Dragoneer Investment Group and Thrive Capital. All of them had already invested in OpenAI earlier. A few weeks ago, OpenAI had raised $8.3 billion at a valuation of $300 billion. The deal was a part of OpenAI's broad strategy to secure $40 billion this year in funding. A Wired report said that there two deals in play. The SoftBank investment in OpenAI which is expected to be closed by the end of the year will value OpenAI at $300 billion. The share sale will move OpenAI 's valuation to $500 billion. Cheaper shares have already been bought while the pricier shares are still on sale. Google settles YouTube children's lawsuit Google will settle a lawsuit filed that alleged YouTube collected personal information of minors without parental consent by paying $30 million. A preliminary settlement of the class action was filed on Monday and is pending approval. Google has denied the allegations. Back in 2019, the U.S. Federal Trade Commission had made similar claims and YouTube had paid $170 in fines and made some changes to their practices. Parents and guardians of 34 children accused Google of violating dozens of state laws by allowing content providers to bait children with cartoons and nursey rhymes to help collect sensitive information post the 2019 case. The content providers listed were Hasbro, Mattel, Cartoon Network and DreamWorks Animation but Google said there was insufficient proof that they were collecting data. The class action covered children under 13 years of age and were watching YouTube between July 2013 and April 2020 and had between 35 million to 45 million members as plaintiffs. If 1% to 2% submitted claims in the case, which is the usual rate for similar cases, plaintiffs could receive between $30 to $60 each.
Time of India
14 minutes ago
- Time of India
Google tweaks Google Play conditions following EU pressure
PARIS: Alphabet unit Google said on Tuesday it will make it easier for app developers to steer customers to channels other than Google after the European Union competition watchdog charged it with breaching EU regulations . In March, Google was hit with two charges of breaching the EU's landmark Digital Markets Act (DMA), which aims to rein in the power of Big Tech. Google has been in the European Commission 's crosshairs since early 2024 over whether it restricts app developers from informing users about offers outside its app store Google Play and whether it favours its vertical search services such as Google Flights. Regulators have said Alphabet technically prevents app developers from freely steering consumers to other channels for better offers. They said a service fee charged by the company for facilitating the initial acquisition of a new customer by an app developer via Google Play goes beyond what is justified. In a blog post, Google said that following discussions with the European Commission, developers, and other experts, Google is updating certain terms. "While we still have concerns that these changes could expose Android users to harmful content and make the app experience worse, we're updating our External Offers Program for the EU with revised fees and more options for Android developers, following DMA discussions with the European Commission," EMEA Senior Competition Counsel Clare Kelly said. The company, which has been fined more than 8 billion euros ($9.3 billion) by the EU for various antitrust violations, risks fines of up to 10% of its global annual sales if found guilty of breaching the DMA.
India Today
19 minutes ago
- India Today
Pixel 10 lineup prices leak ahead of Made by Google event, Pixel 10 Pro Fold details included
The Made by Google 2025 event is set to kick off today at 10.30 PM IST. As the Google Pixel 10 series is ready to make its debut, new leaks and rumours have revealed several expected details, including the prices of the upcoming flagship. Google has confirmed that it will launch four models: Google Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL and Pixel 10 Pro Fold. While the company is keeping details under wraps, several recent rumours paint a good enough picture of what is coming to town tonight. Interestingly, in a recent leak, the prices are also Pixel 10 prices leaked Google's upcoming Pixel 10 lineup has had its US pricing leaked online, courtesy of tipster @evleaks on X. The Pixel 10 will reportedly start at $799 (around Rs 66,317) for the 128GB model, while the 256GB variant will cost $899 (Rs 74,617). The Pixel 10 Pro begins at $999 (Rs 82,917) for 128GB storage, moving up to $1,099 (Rs 91,217) for 256GB, $1,219 (Rs 1,01,177) for 512GB, and $1,449 (Rs 1,20,267) for the 1TB option. Meanwhile, the larger Pixel 10 Pro XL is expected to launch at $1,199 (Rs 99,517) for 256GB, $1,319 (Rs 1,09,477) for 512GB, and top out at $1,549 (Rs 1,28,567) for given prices in India may differ, depending on the added import taxes by the company. For instance, the Google Pixel 10 (128GB) is expected to cost Rs 74,999 in India. The Pixel 10 Pro could be priced at Rs 1,09,999 and the Pro XL may sell at Rs 1,24,999 for the 256GB variant. But, for exact prices, you must wait for the official notifications before making up your mind. Google Pixel 10 lineup: What to expect Google's Pixel 10 series is shaping up to be one of the company's biggest upgrades in years, with new leaks pointing to significant camera improvements, fresh colour options, and even Apple-style magnetic the first time, the entry-level Pixel 10 will reportedly feature a triple-camera setup. While Google has already teased images of the phone showing the extra lens, a leaked spec chart posted by tipster Evan Blass suggests the new addition will be a 10.8-megapixel telephoto camera. This will sit alongside a 48-megapixel wide-angle and a 13-megapixel the Pixel 10 Pro and 10 Pro XL will continue to stand apart with more advanced optics. According to the same chart, these models will pack a 50-megapixel wide, 48-megapixel ultrawide, and 48-megapixel telephoto setup, giving them an edge in professional-grade cameras weren't enough, the colour palette for the Pixel 10 range has also leaked. According to Android Headlines, the standard Pixel 10 will come in obsidian (black), indigo (blueish purple), frost (light blue), and lemonade (yellow). The Pro models will get their own set of four: obsidian (black), porcelain (white), moonstone (grey), and jade (light green). Additional renders shared by Blass show the phones from all angles, front, back and side, leaving little to the imagination. Perhaps the most exciting rumour is that the Pixel 10 series will support Qi2 wireless charging, which includes built-in magnetic alignment. This would effectively make the Pixel 10 compatible with many MagSafe accessories originally designed for iPhones, from chargers and wallets to mounts and also posted an image showing a Pixel 10 attached to a circular wireless charger via magnets, a clear nod to how Apple's MagSafe works. If true, the Pixel 10 would be one of the first Android phones to embrace the Qi2 magnetic ecosystem, alongside the HMD may even give this its own brand identity. An Android Authority report claims the feature could be marketed as PixelSnap, with official accessories designed to magnetically clip onto the device. If so, it could make life much easier for those switching between iPhones and Pixels, allowing accessories to be swapped the hood, the Pixel 10 series is widely expected to debut with Google's Tensor G5 chip, built on TSMC's 3nm process, according to earlier reporting from Android Authority. If true, this would mark a major leap in efficiency and performance compared with the Pixel 9's Tensor also extend to the Pixel 10 Pro Fold. The foldable will reportedly sport a slightly larger 6.4-inch external display (up from 6.3 inches on the Pixel 9 Pro Fold), with both its internal and external panels capable of hitting a dazzling 3,000 nits of peak the inside, the Fold is tipped to support UFS 4.0 storage for faster transfers and smoother performance. It's also expected to feature 15W Qi2 wireless charging and a camera system with 10x optical zoom, a huge jump from the Pixel 9 Pro Fold's 5x.- Ends
