Tech news from Apple and Oracle is top of the tech news today. Apple has implemented new limits on the use of third-party AI technologies such as ChatGPT, as Apple works on its own development of similar technology. Apple has advised employees to avoid using Microsoft’s GitHub’s Copilot, which automates writing software code. These restrictions come in light of fears of data leakage and recently OpenAI released incognito mode for ChatGPT that protects user conversation history.
Oracle has also done its share of headlines recently, with news that it was planning a layoff of over 3,000 employees this coming 2023. The layoffs resulted from their recent acquisition of the Cerner business. According to reports from current and former employees, Oracle has suspended promotions and raises, and resorted to large scale layoffs in order to reduce losses.
Google was also in the news recently, with news that they have released two new artificial intelligence (AI) picture search features to help identify fake photos. The two new features from Alphabet Inc. are called ‘About this image’ and ‘Image Match’. The ‘Image Match’ feature allows users to search for similar images, and the ‘About this Image’ feature provides more data on where the image first originated from, as well as any other related images.
Finally, Westpac recently prohibited customers from transferring assets to the world’s biggest cryptocurrency exchange Binance. It is said that the move is intended to protect customers from any losses that could be caused by fraudulent activities. According to Scott Collary, Group Executive for Customer Services and Technology at Westpac, the ban could help the bank in recovering millions of dollars lost to scams.
Apple is a technology giant that creates some of the world’s most advanced products. They develop all kinds of consumer electronics, computer software, and online services, such as the iPhone, iPad, Mac, Apple TV, the App Store, iCloud, etc. Apple also puts a premium on privacy, security, and consistency, and is always looking for the best solutions to protect its users’ data.
Scott Collary is the Group Executive for Customer Services and Technology at Westpac. He has been at Westpac since March 2019 and is responsible for the strategy, delivery, and operations of the bank’s transactional accounts, digital banking, payments, and customer experience. Scott has more than 30 years of banking experience and is highly respected within his field. He also believes in protecting customers from any fictitious activities and is determined to recover any lost funds.
