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Sports Illustrated CEO Ross Levinsohn Fired Over AI Controversy

The AI scandal sparked severe criticism of media coverage and outrage from the magazine’s staff, reports Futurism…reports Asian Lite News

The publisher of Sports Illustrated has sacked the magazine’s CEO Ross Levinsohn, after the magazine published articles with bylined non-existent writers and AI-generated profile pictures.

The board of directors of The Arena Group terminated the employment of Levinsohn, and named Manoj Bhargava as interim Chief Executive Officer late on Monday.

“This follows actions last week, in which the company terminated the employment of operations president and COO Andrew Kraft, media president Rob Barrett, and corporate counsel Julie Fenster,” the company said in a statement.

The AI scandal sparked severe criticism of media coverage and outrage from the magazine’s staff, reports Futurism.

“Effective immediately, Ross Levinsohn will be leaving the company and his role as CEO,” Grady Tripp, the company’s senior vice president of people, wrote in an email to staff.

“This follows the recent departure of three senior executives last week.”

Bhargava is the founder of the energy drink brand 5-hour Energy and majority investor of The Arena Group.

The Arena Group has brands like Sports Illustrated, TheStreet, Parade, Men’s Journal, and HubPages.

The company aggregates content across a diverse portfolio of over 265 brands, reaching over 100 million users monthly.

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UK Accuses Russia’s FSB of Cyber-Hacking Politicians

The UK government has accused FSB of “targeting, including spear-phishing” of parliamentarians from multiple political parties, from at least 2015 through to this year…reports Asian Lite News

The United Kingdom government has condemned the alleged attempts by Russian Intelligence Services to target “high-profile individuals and entities” through cyber operations to “interfere in UK politics and democratic process”.

According to the Foreign, Commonwealth and Development Office (FCDO) of the UK, Centre 18, a unit within Russia’s Intelligence Services, the FSB, has been identified as being accountable for a range of cyber espionage operations targeting the UK.

“The UK and allies have today (December 7th) exposed a series of attempts by the Russian Intelligence Services to target high-profile individuals and entities through cyber operations,” the statement by FCDO read.

“Star Blizzard is also commonly known as Callisto Group, SEABORGIUM or COLDRIVER and is operated by FSB officers. The group has also selectively leaked and amplified the release of information in line with Russian confrontation goals, including to undermine trust in politics in the UK and likeminded states,” the statement added.

The UK government has accused FSB of “targeting, including spear-phishing” of parliamentarians from multiple political parties, from at least 2015 through to this year.

It has alleged FSB of hacking the UK-US trade documents that were leaked ahead of the 2019 General Election, hacking the Institute for Statecraft, a UK think tank whose work included initiatives to defend democracy against disinformation in 2018, and hacking its founder Christopher Donnelly.

The FCDO has also accused FSB of targeting universities, journalists, public sector, non-government organisations and other civil society organisations.

The UK government further announced sanctions against two Star Blizzard members for their involvement in the preparation of spear-phishing campaigns intended to undermine UK organisations and government.

The sanctioned individuals are namely; Ruslan Aleksandrovich PERETYATKO, who is a Russian FSB intelligence officer and a member of Star Blizzard AKA the Callisto Group and Andrey Stanislavovich KORINETS, AKA Alexey DOGUZHIEV, who is a member of Star Blizzard AKA the Callisto Group, the statement further read.

Following this, FCDO has also summoned the Russian Ambassador to express “UK’s deep concern about Russia’s sustained attempts to use cyber to interfere in political and democratic processes in the UK and beyond”.

Reacting over this, UK Foreign Secretary David Cameron slammed the alleged Russian actions calling them “completely unacceptable” and said that the UK has exposed Moscow’s “malign attempts”.

“Russia’s attempts to interfere in UK politics are completely unacceptable and seek to threaten our democratic processes. Despite their repeated efforts, they have failed. In sanctioning those responsible and summoning the Russian Ambassador today, we are exposing their malign attempts at influence and shining a light on yet another example of how Russia chooses to operate on the global stage,” Cameron said.

He added, “We will continue to work together with our allies to expose Russian covert cyber activity and hold Russia to account for its actions”. (ANI)

ALSO READ-‘Digital Awareness Crucial Against Cybercrimes’

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Business Tech Lite Technology

5G for All: realme’s Game-Changer in India

Recognizing that the younger generation is at the forefront of digital transformation, realme acknowledges the importance of 5G in their lives…reports Asian Lite News

5G, being the fifth generation of mobile technology, promises to transform communication and information access through its extensive applications. Its exceptional connection quality, elevated data capacity, and minimal delay contribute to its importance as a groundbreaking innovation for an intelligent, interconnected future.

India is projected to reach 130 million 5G users by the end of the current year, a mere year after the introduction of consumer 5G services in the nation. The number of 5G users in India has experienced a threefold increase compared to last year, with an anticipated growth to 860 million subscribers by 2029.

Smartphone manufacturers are not far behind, as brands like realme consistently introduce 5G enabled phones in the country.

According to realme, 5G’s potential impact is extensive, going beyond consumer applications to drive global changes. Its advancements offer not just speed but also low latency for near-instantaneous data sharing and connectivity.

5G’s benefits go beyond network connectivity, enabling societal-impacting solutions. With smartphones becoming essential and their usage in India projected to rise from 82% in 2023 to 93 per cent by 2029, the impact of 5G will be significant.

“As society increasingly relies on the internet for various aspects such as business, education, entertainment, innovation, and more, smartphones have become indispensable devices for maintaining connectivity. The demand for faster and more reliable connections has never been higher, and 5G is the answer to this need,” said the global smartphone brand.

Recognizing that the younger generation is at the forefront of digital transformation, realme acknowledges the importance of 5G in their lives.

In recent years, realme has emerged as a strong contender in the market, with its dedication to adopting 5G technology in the constantly changing smartphone industry being a significant factor in its success. As a trailblazer in 5G, realme took the lead by introducing the first 5G smartphone in the nation, equipping users to be ready for the future.

realme is committed to playing a significant role in the democratization of 5G technology in India. Understanding the transformative potential of 5G, realme is dedicated to making it accessible to all, thereby contributing to the industry’s growth at a broader level. The brand’s support extends to the development policies and trends that drive 5G advancement, aligning with its mission to facilitate India’s tech progression.

For realme, adopting 5G was more than just a race to be the first; it was about its mission to usher India into a new age of connectivity. Recognizing the crucial role 5G would play in defining the future, realme rapidly transitioned over half of its product range to 5G. By integrating 5G into its product line, realme not only offers cutting-edge technology to its customers but also contributes to the technological empowerment of the nation. Through these efforts, realme aims to ensure that India remains at the forefront of the global digital revolution.

A standout feature of realme’s approach to 5G is its deep understanding of the diverse Indian market. What sets realme apart is its unwavering commitment to democratizing 5G access for everyone, particularly the younger generation who desire advanced technology at a cost-effective price.

realme focuses on enhancing user experiences with features like powerful chipsets, superior cameras, SuperDart charging, and network connectivity. The brand is committed to expanding 5G-enabled smartphones, aiming to provide holistic experiences through 5G products.

While realme already leads the 5G landscape in the Indian smartphone industry, it also aims to make this advanced technology accessible to everyone with its wide range of smartphones including the C-series. The latest addition, realme C67 5G, will be the first 5G phone in the lineup.

“realme’s 5G phone is more than just an upgrade from the 4G version. realme is committed to delivering a comprehensive 5G experience, ensuring no compromises are made in the transition from 4G to 5G,” the company noted.

5G is revolutionizing the way we live, work, and communicate, with a promising future in sight. In an increasingly connected world, realme aims to stay ahead by offering cutting-edge technology at wallet-friendly prices. This steadfast focus on 5G brings numerous benefits to both the brand and its users.

“The urge to make 5G accessible to all fuels the ambition of one game-changing smartphone brand, realme. Committed to bringing advanced technologies within everyone’s reach, realme envisions 5G as a tool for the younger generation – digital natives seeking innovative ways to connect and express themselves beyond the tangible world,” the company emphasized.

As realme broadens its range of products, it underscores its dedication to delivering the best for its customers. The brand’s objective is straightforward: to position itself as the true democratizer of 5G, aiming to increase the accessibility of 5G-enabled smartphones and empower a larger audience with 5G products and all-encompassing experiences.

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Business Tech Lite Technology

Apple Joins AI Race

The company released MLX, a machine learning framework designed for efficient and flexible machine learning on Apple silicon….reports Asian Lite News

As artificial intelligence (AI) takes centre-stage across companies, Apple’s machine learning research team has released frameworks and model libraries designed to run on its silicon chips.

The company released MLX, a machine learning framework designed for efficient and flexible machine learning on Apple silicon.

“The design of MLX is inspired by frameworks like PyTorch, Jax, and ArrayFire. A noteable difference from these frameworks and MLX is the unified memory model,” according to Apple on GitHub.

“Arrays in MLX live in shared memory. Operations on MLX arrays can be performed on any of the supported device types without performing data copies. Currently supported device types are the CPU and GPU,” the Apple ML research team added.

Awni Hannun of Apple’s ML team posted on X that just in time for the holidays, “we are releasing some new software from Apple machine learning research”.

“MLX is an efficient machine learning framework specifically designed for Apple silicon (i.e. your laptop!),” Hannun said.

MLX is a NumPy-like array framework designed for efficient and flexible machine learning on Apple silicon.

“The Python API closely follows NumPy with a few exceptions. MLX also has a fully featured C++ API which closely follows the Python API,” according to the Apple ML team.

Last month, Apple CEO Tim Cook revealed that the company is investing quite a bit in AI and will do it responsibly for product enhancements over time.

Cook said that the company views AI and machine learning as fundamental technologies and they’re integral to virtually every product that they ship.

“When we shipped iOS 17, it had features like Personal Voice and Live Voicemail. AI is at the heart of these features. And then, you can go all the way to the life-saving features on the launch end of the phone like fall detection, crash detection, ECG on the watch. These would not be possible without AI,” he told analysts during the company’s earnings call.

Cook said that Apple has work going on related to AI for quite some time.

“I’m not going to get into details about what it is, because we really don’t do that. But you can bet that we’re investing, we’re investing quite a bit, we’re going to do it responsibly and you will see product advancements over time,” the Apple CEO said.

In August, Cook said the tech giant has been working on generative AI and other models for years.

iPhone 15.

Apple Prefers Indian Batteries

In an effort to diversify its global supply chain and move manufacturing out of China, Apple has informed its component suppliers of its preference to source batteries for the upcoming iPhone 16 from Indian factories, media report said on Wednesday.

According to the Financial Times, battery manufacturers, such as Desay of China, have been encouraged to establish new factories in India, while Simplo Technology, a Taiwanese battery supplier for Apple, has been asked to increase manufacturing in India for future orders.

Earlier this week, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said Japanese electronic parts maker TDK Corp will manufacture lithium-ion (li-ion) battery cells for Apple iPhones in India.

“Another big win for PM @narendramodi ji’s visionary PLI scheme in shifting the mobile manufacturing ecosystem to India. TDK, a leading supplier of cells to Apple, is setting up a 180-acre facility in Manesar, Haryana to build cells for batteries which will be used in the #MadeInIndia iPhones,” he wrote on X.

Companies like Desay and Simplo package the electric cells produced by TDK and their counterparts into modules and send them to assemblers such as Taiwanese contract manufacturer Foxconn, the report mentioned.

Foxconn plans to invest $1.54 billion in India. In a stock exchange filing, Foxconn said that the investment will help it fulfil “operational needs.”

Meanwhile, Apple has asked the Indian government to exempt its existing iPhones from the requirement of a common charging port (USB-C) for electronics devices, as the Centre evaluates the possibility of mandating a common charger for most devices.

In a meeting with the IT Ministry officials late last month, Apple told the officials that if such a rule — similar to what has been proposed by the European Union (EU) to require devices to have universal charging ports — is brought, it may hamper its domestic manufacturing plans, reliable sources told IANS.

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Defence India News Tech Lite

CDS Calls for Technological Boost in Defence Industry

CDS aid that the government has adopted the ‘Aatmanirbharta’ initiative to mitigate uncertainties and this vision demonstrates its confidence in the domestic industry….reports Asian Lite News

Chief of Defence Staff (CDS) General Anil Chauhan on Thursday said that steps are being taken to strengthen the defence industrial capabilities under the ‘Aatmanirbharta’ initiative.

“A number of steps are being taken to strengthen the defence industrial capabilities under the ‘Aatmanirbharta’ initiative. We are boosting our indigenous and innovative defence capabilities,” the CDS said while inaugurating the Avionics Exposition 2023, organised by Hindustan Aeronautics Limited (HAL) in New Delhi.

He said that the government has adopted the ‘Aatmanirbharta’ initiative to mitigate uncertainties and this vision demonstrates its confidence in the domestic industry.

The CDS also called upon the domestic defence industries to bolster technological capabilities to address traditional and future challenges while urging the industry to understand the requirement of services, and evolve solutions which fit the country’s terrain, climate and operational requirements.

“India’s challenges must be resolved with Indian solutions as a series of contemporary events have exposed the vulnerability of global supply chains,” he CDS said.

He also highlighted the economic prospects of self-reliance in defence including aerospace and avionics.

“Global Military Avionics Market is projected to grow to US dollar 56.998 billion by 2030. This provides us a window of opportunity which needs to be exploited by believing in the mantra of ‘Make for India, Make for World,” the CDS said.

He also underscored the significance of new-age technologies and termed it essential for modern militaries to be ready to fight today while preparing for an “uncertain and ambiguous” future, in the era of dynamic global security landscape and rapid technological advancements.

Stating that the convergence of new technologies is making the battle space more automated and autonomous, he stressed that the advent of technological solutions in the field of networking, data analytics and robotics have heralded a new landscape in the field of avionics.

The CDS also urged the military and the scientific community to maintain pace with the technological requirements, so that the nation remains ahead of the curve.

“This would need investment of thoughts, skill and capital. In the field of military avionics, it will include precision targeting, electronic warfare, aircraft health monitoring and data connectivity for positive control,” the CDS added.

The two-day Avionics Expo-2023 is being held at Ambedkar International Centre, New Delhi. During the expo, the HAL is showcasing its design, development and production of a diverse range of avionics systems.

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Business Tech Lite Technology

xAI, Musk’s Startup, Eyes $1B Funding

This marks the first publicly known fundraising round for Musk’s AI startup…reports Asian Lite News

Elon Musk’s artificial intelligence venture, xAI, has recently disclosed its intention to secure up to a billion dollars in funding, as indicated in a filing with the Securities and Exchange Commission, Fox Business reported.

The filing on Tuesday by X.AI Corp (dba xAI) outlined a plan to raise USD 1 billion in an equity offering, with more than USD 134 million already successfully raised. The document revealed that the company had entered into a binding agreement for the sale and purchase of the remaining USD 865 million.

Responding to a post by Gene Munster of Deepwater Asset Management on the financing, Elon Musk clarified on Wednesday, saying, “We are not raising money right now.” Munster’s post suggested that Musk’s fundraising efforts were aimed at competing with OpenAI and Anthropic.

According to a source cited by the New York Post, xAI is “raising money at a valuation that will likely be between $4 billion and $10 billion,” adding that the revelation is the first known fundraising round for Musk’s start-up.

This marks the first publicly known fundraising round for Musk’s AI startup, according to Fox Business.

Govt goes bullish on startups with ESOP holiday, tax relief.

The filing follows Musk’s announcement a month ago that xAI’s “Grok” chatbot, designed to rival OpenAI’s ChatGPT and Google’s Bard, had entered the beta testing phase.

Musk, who co-founded OpenAI in 2015 and resigned from its board in 2018, launched xAI to compete with ChatGPT and other major players in the AI domain. He has been outspoken about his concerns regarding what he perceives as censorship in Big Tech firms’ AI initiatives and has expressed his intent to develop a truth-seeking AI that seeks to understand the universe.

Since its inception in July, xAI has attracted talent from notable AI research firms such as Google’s DeepMind unit and Microsoft.

Musk, also the CEO of Tesla and the proprietor of the X social media platform, clarified that xAI and the X social media platform are distinct entities, despite working closely together. xAI is actively collaborating with Tesla in addition to its interaction with the X social media platform, Fox Business reported. (ANI)

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Paytm Expands Credit Business

Paytm continues to focus on merchant loans that are lended to MSME as business loans. …reports Asian Lite News

Paytm, India’s leading mobile payments and financial services distribution company, on Wednesday said it will expand its credit distribution business in partnership with large banks and NBFCs by offering higher ticket personal and merchant loans to lower risk and high credit-worthy customers.

Owing to the strong portfolio performance and widespread acceptance of loan distribution, Paytm witnessed encouraging early trends when the company started working in this direction last quarter.

“As the lending distribution business is maturing, we see newer opportunities of expansion to offer high-value personal and merchant loans. We will continue to focus on originating the high portfolio quality for our lending partners, along with strict adherence to risk and compliance. We have seen great scale and acceptance for our loan distribution business, so we believe this expansion will further aid us to grow the business,” said a Paytm spokesperson.

In the light of recent macro development and regulatory guidance and in consultation with lending partners, the company remains focused on driving a healthy portfolio and has recalibrated the portfolio origination of less than Rs 50,000 – prominently the postpaid loan product will now be a smaller part of its loan distribution business moving forward.

Paytm continues to focus on merchant loans that are lended to MSME as business loans. Given that these loans are extended for business purposes to support small merchants, they remain unaffected by the recent regulatory guidance.

The company said it continues to add banks and NBFCs as its lending partners for its loan distribution business.

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Hero, Ather Unveil Fast-Charging Network

Through the collaboration, EV users will be able to seamlessly use both Hero VIDA and Ather Grids across the country….reports Asian Lite News

Hero MotoCorp and electric vehicle manufacturer Ather Energy on Wednesday entered into a partnership for an interoperable fast-charging network in the country, touted as the first-ever interoperable fast-charging network for EV two-wheelers anywhere in the world.

Through the collaboration, EV users will be able to seamlessly use both Hero VIDA and Ather Grids across the country. The combined network will cover 100 cities with over 1,900 fast-charging points.

“This largest charging network in the country will go a long way in providing a seamless and convenient ownership experience to customers. This fastest-growing network utilises the government approved connector-standard, thus ensuring current and future customers will be able to use and charge their vehicles without any hassles in the future,” said Dr Swadesh Srivastava, Chief Business Officer, Emerging Mobility BU, Hero MotoCorp.

The Bureau of Indian Standards (BIS) recently approved Light Electric Combined Charging System (LECCS), India’s first-ever indigenously developed AC and DC Combined Charging connector standard for light electric vehicles.

Customers will be able to locate and navigate to the charging stations through the “My VIDA” and Ather App. The interoperability will enable them to discover only compatible locations, locate their nearest charging station, view its availability, and navigate to the station.

“It’s a massive win for Indian original equipment manufacturers (OEMs) to collaborate on scaling up charging infrastructure. This partnership will pave the way for consumers to access an extensive network of charging stations across the country, alleviating range anxiety,” said Swapnil Jain, Co-founder and CTO, Ather Energy.

Any OEM which adopts the LECCS standard will have access to Ather Grid across India, he added.

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India News Tech Lite

Google Pulls 17 Deceptive Android Loan Apps Targeting India

The total annual cost (TAC) of such loans, according to victims of these applications, is significantly more than stated, and the loan period is much shorter than stated…reports Asian Lite News

Researchers on Wednesday said that they found 18 deceptive Android loan apps that disguised themselves as genuine personal loan services. Google has removed 17 of these apps, targeting users in India and other countries, from their platform.

According to the report by ESET Research, these apps had more than 12 million downloads globally from Google Play before their removal.

Such deceptive Android loan apps are named as ‘SpyLoan apps’.

“These malicious applications exploit the trust that users place in legitimate loan providers, using sophisticated techniques to deceive people and steal a very wide range of personal information,” said ESET researcher Lukas Stefanko, who uncovered many of the SpyLoan apps.

According to the report, the originators of these apps, who blackmail and harass their victims, even with death threats, operate mainly in Mexico, Indonesia, Thailand, Vietnam, India, Pakistan, Colombia, Peru, the Philippines, Egypt, Kenya, Nigeria, and Singapore.

Other than data harvesting and blackmail, these services present a form of modern-day digital usury, which refers to the charging of excessive interest rates on loans, taking advantage of vulnerable individuals.

The total annual cost (TAC) of such loans, according to victims of these applications, is significantly more than stated, and the loan period is much shorter than stated.

In some cases, borrowers were pressured to pay off their loans in five days, instead of the stated 91 days, and the TAC of a loan was anywhere between 160 per cent and 340 per cent, the report mentioned.

The researchers have traced the origins of the SpyLoan scheme back to 2020.

When a SpyLoan app is installed, the user is required to agree the terms of service and provide extensive permissions to access sensitive data saved on the device.

According to the privacy policies of these apps, if those permissions are not granted, the loan will not be provided. To complete the loan application process, users are also compelled to provide extensive personal information, the report noted.

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India News Tech Lite

Apple Seeks to Source iPhone 16 Batteries From India

Foxconn plans to invest $1.54 billion in India. In a stock exchange filing, Foxconn said that the investment will help it fulfil “operational needs.”…reports Asian Lite News

In an effort to diversify its global supply chain and move manufacturing out of China, Apple has informed its component suppliers of its preference to source batteries for the upcoming iPhone 16 from Indian factories, media report said on Wednesday.

According to the Financial Times, battery manufacturers, such as Desay of China, have been encouraged to establish new factories in India, while Simplo Technology, a Taiwanese battery supplier for Apple, has been asked to increase manufacturing in India for future orders.

Earlier this week, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said Japanese electronic parts maker TDK Corp will manufacture lithium-ion (li-ion) battery cells for Apple iPhones in India.

“Another big win for PM @narendramodi ji’s visionary PLI scheme in shifting the mobile manufacturing ecosystem to India. TDK, a leading supplier of cells to Apple, is setting up a 180-acre facility in Manesar, Haryana to build cells for batteries which will be used in the #MadeInIndia iPhones,” he wrote on X.

Companies like Desay and Simplo package the electric cells produced by TDK and their counterparts into modules and send them to assemblers such as Taiwanese contract manufacturer Foxconn, the report mentioned.

Foxconn plans to invest $1.54 billion in India. In a stock exchange filing, Foxconn said that the investment will help it fulfil “operational needs.”

Meanwhile, Apple has asked the Indian government to exempt its existing iPhones from the requirement of a common charging port (USB-C) for electronics devices, as the Centre evaluates the possibility of mandating a common charger for most devices.

In a meeting with the IT Ministry officials late last month, Apple told the officials that if such a rule — similar to what has been proposed by the European Union (EU) to require devices to have universal charging ports — is brought, it may hamper its domestic manufacturing plans, reliable sources told.

Apple joins AI race

As artificial intelligence (AI) takes centre-stage across companies, Apple’s machine learning research team has released frameworks and model libraries designed to run on its silicon chips.

The company released MLX, a machine learning framework designed for efficient and flexible machine learning on Apple silicon.

“The design of MLX is inspired by frameworks like PyTorch, Jax, and ArrayFire. A noteable difference from these frameworks and MLX is the unified memory model,” according to Apple on GitHub.

“Arrays in MLX live in shared memory. Operations on MLX arrays can be performed on any of the supported device types without performing data copies. Currently supported device types are the CPU and GPU,” the Apple ML research team added.

Awni Hannun of Apple’s ML team posted on X that just in time for the holidays, “we are releasing some new software from Apple machine learning research”.

“MLX is an efficient machine learning framework specifically designed for Apple silicon (i.e. your laptop!),” Hannun said.

MLX is a NumPy-like array framework designed for efficient and flexible machine learning on Apple silicon.

“The Python API closely follows NumPy with a few exceptions. MLX also has a fully featured C++ API which closely follows the Python API,” according to the Apple ML team.

Last month, Apple CEO Tim Cook revealed that the company is investing quite a bit in AI and will do it responsibly for product enhancements over time.

Cook said that the company views AI and machine learning as fundamental technologies and they’re integral to virtually every product that they ship.

“When we shipped iOS 17, it had features like Personal Voice and Live Voicemail. AI is at the heart of these features. And then, you can go all the way to the life-saving features on the launch end of the phone like fall detection, crash detection, ECG on the watch. These would not be possible without AI,” he told analysts during the company’s earnings call.

Cook said that Apple has work going on related to AI for quite some time.

“I’m not going to get into details about what it is, because we really don’t do that. But you can bet that we’re investing, we’re investing quite a bit, we’re going to do it responsibly and you will see product advancements over time,” the Apple CEO said.

In August, Cook said the tech giant has been working on generative AI and other models for years.

ALSO READ-Apple, Google Face Scrutiny as Senator Exposes Government Espionage