Cristiano Ronaldo faces US$1bn lawsuit for promoting Binance NFTs

Class-action lawsuit alleges footballer’s promotion of world’s largest cryptocurrency exchange was ‘deceptive and unlawful’

Cristiano Ronaldo has been hit with a class-action lawsuit seeking at least $US1bn in damages for his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance.

The lawsuit filed in federal court in the Southern District of Florida on Monday alleges the footballer’s promotion of Binance was “deceptive and unlawful”.

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Microsoft to join OpenAI’s board after Sam Altman rehired as CEO

Altman says tech giant, which owns 49% of ChatGPT maker after investing $13bn, will take non-voting, observer position on board

Microsoft will take a non-voting, observer position on OpenAI’s board, CEO Sam Altman said in his first official missive after taking back the reins of the company on Wednesday.

The observer position means Microsoft’s representative can attend OpenAI’s board meetings and access confidential information, but it does not have voting rights on matters including electing or choosing directors.

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Tech giants should face new watchdog, Australian Senate inquiry finds

Committee recommends standalone agency that would give consumers and digital platforms a central place to direct complaints

Tech giants could soon be subject to tougher laws including the introduction of a big tech watchdog and individuals’ rights to delete data if the recommendations of a Senate committee are adopted.

In a report handed down on Thursday, a Senate inquiry into big tech revealed concerns the powerful companies had too high a concentration over the market, resulting in anti-competitive practices.

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Elon Musk hurls defiant, profanity-laced retort at fleeing advertisers

At New York event Wednesday, X owner had choice words for Walt Disney and others who pulled ads over antisemitic content

Elon Musk has issued a defiant and profanity-laced message for the advertisers who pulled money from X in recent weeks amid a backlash over his endorsement of an antisemitic tweet and reports of increased hate speech on the platform.

Video of the interview, which was widely circulated, showed that Musk said, “Don’t advertise,” on Wednesday during an on-stage interview at an event in New York. “If someone’s going to try to blackmail me with advertising, blackmail me with money, go fuck yourself.”

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Google to pay Canada news publishers $73m a year to keep news in search

Deal resolves tech giant’s concerns over Online News Act, which makes big companies share advertising revenue with publishers

Canada and Google have reached a deal to keep links to news stories in search results and for the tech giant to pay $73.6m annually, or C$100m, to news publishers in the country.

The deal resolves Alphabet-owned Google’s concerns over Canada’s Online News Act, which seeks to make large internet companies share advertising revenue with news publishers in the country.

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Tesla sues Sweden’s transport agency in escalation of strike row

US carmaker claims ‘discriminatory attack’ after industrial action stops new cars receiving Swedish plates

Tesla is suing the Swedish transport agency, accusing it of a “discriminatory attack” on the US electric carmaker, after strike action prevented its new vehicles from getting licence plates in Sweden.

The lawsuit is an escalation in a row that started between the car company and the union representing Swedish Telsa workers, who are calling for collective bargaining rights and have been on strike for five weeks.

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Elon Musk visits scene of kibbutz massacre with Benjamin Netanyahu

Pair speak about Gaza conflict but not online antisemitism nor controversial post made by X owner this month

Elon Musk has joined the Israeli prime minister, Benjamin Netanyahu, in visiting a kibbutz that was attacked by Hamas on 7 October, after criticism of his endorsement of an antisemitic post on X.

The owner of X, the site formerly known as Twitter, has been criticised for supporting a post on his platform that falsely claimed Jewish people were stoking hatred against white people. High-profile advertisers have also suspended spending on the site after a report that ads were appearing next to pro-Nazi content.

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US, UK and a dozen more countries unveil pact to make AI ‘secure by design’

Non-binding 20-page agreement signed by 18 countries says companies must develop AI that keeps public safe from misuse

The United States, the United Kingdom and more than a dozen other countries on Sunday unveiled what a senior US official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue actors, pushing for companies to create AI systems that are “secure by design”.

In a 20-page document unveiled on Sunday, the 18 countries agreed that companies designing and using AI need to develop and deploy it in a way that keeps customers and the wider public safe from misuse.

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‘Serious breach’: social media platform X booted from Australia’s misinformation code

Company failed to respond to a complaint about the removal of a function to report misinformation during the voice referendum

X [formerly know as Twitter] has been kicked out of Australia’s voluntary misinformation and disinformation code, after failing to respond to a complaint about shutting down channels for users to report misinformation, during the voice to parliament referendum.

The industry association, the Digital Industry Group (Digi), announced on Monday that its disinformation and misinformation independent complaints subcommittee found X had “committed a serious breach of the code and has refused to cooperate with Digi”.

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Royal Court theatre launches digital archive of every play performed there

London venue’s online collection of performances dating back to 1956 will be free to use for writers, directors and the public

The Royal Court has launched a free digital archive of every play performed at the London theatre since 1956 as a resource for writers, directors and members of the public.

Almost 2,000 plays by more than 1,000 writers are accessible on the theatre’s Living Archive, along with lists of their casts and directors.

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UK school pupils ‘using AI to create indecent imagery of other children’

Protection groups call for urgent action to help pupils understand risks of making images that legally constitute child sexual abuse

Children in British schools are using artificial intelligence (AI) to make indecent images of other children, a group of experts on child abuse and technology has warned.

They said that a number of schools were reporting for the first time that pupils were using AI-generating technology to create images of children that legally constituted child sexual abuse material.

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Russia wages electronic warfare ‘using UK-made tech’, Ukraine dossier claims

Report calls on government to take immediate action to disrupt supply of technology used in electronic warfare

Many of the countries that have sanctioned Russia over the war in Ukraine need to take urgent action to disrupt the supply of technology for its electronic warfare campaign, according to a new report.

The dossier compiled by Ukraine and circulated to the major countries which have imposed sanctions identifies key Russian firms involved in the development and production of electronic military equipment. It says the UK and other countries have not yet sanctioned some of the firms involved.

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OpenAI ‘was working on advanced model so powerful it alarmed staff’

Reports say new model Q* fuelled safety fears, with workers airing their concerns to the board before CEO Sam Altman’s sacking

OpenAI was reportedly working on an advanced system before Sam Altman’s sacking that was so powerful it caused safety concerns among staff at the company.

The artificial intelligence model triggered such alarm with some OpenAI researchers that they wrote to the board of directors before Altman’s dismissal warning it could threaten humanity, Reuters reported.

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Thursday briefing: What the meltdown at OpenAI means for the future of artificial intelligence

In today’s newsletter: Why Sam Altman was fired as the company’s CEO, why he was rehired – and what it all means for the field

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Good morning. Boardroom coups are always pretty absorbing; a boardroom coup at a company that has set itself the lofty goal of “building artificial general intelligence (AGI) that is safe and benefits all of humanity” is more absorbing still.

The removal of chief executive Sam Altman from OpenAI, which made the artificial intelligence chatbot ChatGPT, has therefore been the subject of breathless attention since it was announced last Friday. Now Altman has got his job back, and there’s even more to get your head around.

Israel-Hamas war | Israeli officials have said a four-day Gaza truce and hostage release will not start until at least Friday, stalling a breakthrough deal to pause the bloody seven-week-old war and thwarting the hopes of families that some captives would be freed on Thursday.

Autumn statement | Jeremy Hunt sought to blunt the impact of the highest levels of taxation since the second world war with a cut in workers’ national insurance contributions, fuelling speculation about a snap spring general election. The chancellor used a fresh squeeze on public spending to pay for a reduction in NICs worth £450 a year to the average employee. See the key points and what it means for you.

Netherlands | Geert Wilders’ far-right, anti-Islam Party for Freedom (PVV) is on course to be the largest party in the Dutch parliament, according to exit polls, in a major electoral upset whose reverberations will be felt around Europe. The PVV was predicted to win 35 seats in the 150-seat parliament, but may not be able to form a governing coalition.

Covid inquiry | Prof Sir Jonathan Van-Tam and his family were advised by police to move out of their home during the pandemic because of a threat that they would have their throats cut, he has told the Covid inquiry. Van-Tam said that he feared the scale of such abuse would put people off taking up similar roles in the future.

US and Canada | Four border crossings between the US and Canada were closed on Wednesday after a vehicle exploded at a checkpoint on a bridge near Niagara Falls, reportedly killing two people. Governor of New York Kathy Hochul said there was “no indication of a terrorist attack”.

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Who is Helen Toner the Australian woman ousted from the board of OpenAI?

Sam Altman and Toner reportedly discussed a paper she had written criticising the timing of OpenAI’s release of ChatGPT shortly before Altman was fired

After a tumultuous few days at OpenAI, Sam Altman has returned to the helm. But who is the young Australian board member who was reportedly in dispute with the chief executive in the lead up to his firing?

Helen Toner, along with two of the other three board members responsible for firing Altman less than a week ago, is now off the board of OpenAI.

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Labor to reconsider mandatory data retention laws for companies in light of major hacks

New cyber security strategy cites business concerns at having to store large amounts of data for excessive periods of time, increasing breach risk

Following several high-profile data breaches in the past year, the federal government will review laws requiring companies to retain data as part of its new cyber security strategy.

Released on Wednesday, the 2023-30 strategy notes that data is increasingly used for ransom attacks and as a tool for coersion.

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Sam Altman’s OpenAI exit leads to rollercoaster for sector

Firing of industry figurehead led to rebellion at his former employer and his hiring by its rival Microsoft


The blog headline was anodyne – “OpenAI announces leadership transition” – but the consequences for Silicon Valley were seismic.

On Friday the company behind the hit AI text-generating system ChatGPT announced that Sam Altman, figurehead for the business and the artificial intelligence revolution that has enthralled and alarmed the world in equal measure, had been fired as chief executive.

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Optus gets some clear air but the ghosts of twin disasters will haunt whoever comes next

Kelly Bayer Rosmarin’s resignation fuels speculation Optus executive and former NSW premier Gladys Berejiklian could be top contender for CEO

The departure of Kelly Bayer Rosmarin as chief executive will give Optus some clear air to move past the 14-hour outage, but for whoever comes next as CEO the turbulence won’t be over yet.

Bayer Rosmarin’s appearance at the inquiry into the Optus outage on Friday went fairly smoothly compared with how disastrous it has been for some to face the same fate in the past. Yet it was clear to everyone watching that she was unlikely to last much longer at the helm.

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Ousted OpenAI CEO Sam Altman ‘in talks to return at firm’s HQ’

Boss was sacked by ChatGPT developer over failure to be ‘candid in his communications’

Sam Altman is being lined up for a surprise return as the chief executive of the ChatGPT developer OpenAI amid pressure from investors to reverse his shock ousting.

Altman was fired by the company board on Friday, citing a failure to be “candid in his communications”, in a move that startled Silicon Valley.

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Elon Musk to file ‘thermonuclear lawsuit’ as advertisers desert X

Social media firm boss says he will sue media watchdog that said ads were being placed alongside antisemitic content

Elon Musk has said he will be filing a “thermonuclear lawsuit” against Media Matters and others, after major US companies paused their adverts on his social media site over concerns about antisemitism.

Media watchdog Media Matters said earlier this week that it found corporate advertisements by IBM, Apple, Oracle and Comcast’s Xfinity were being placed alongside antisemitic content, including that praising Adolf Hitler and the Nazis.

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