Business
TurboTax Customers To receive Checks For $141M Settlement
WASHINGTON (AP) — The U.S. Millions of Americans who qualified for free tax services but were duped into paying TurboTax will soon get compensation money in the mail.
Intuit Inc., TurboTax’s owner, was ordered to pay $141 million to 4.4 million taxpayers nationwide in a settlement last year. Those affected were low-income clients entitled to free, federally assisted tax services but paid TurboTax to complete their federal forms in 2016, 2017, and 2018 due to “predatory and deceptive marketing,” according to New York Attorney General Letitia James.
The May 2022 settlement, sponsored by James, was signed by all 50 states and the District of Columbia Turbotax.
Consumers who are eligible for reparation payments do not need to make a claim, according to the New York Attorney General’s Office. They will be notified by email from Rust Consulting, the settlement fund administrator, and will automatically receive a cheque.
Checks will be mailed beginning next week and continuing throughout May. The amount paid to each qualifying customer varies according to the tax years they qualify for.
“TurboTax’s predatory and deceptive marketing defrauded millions of low-income Americans who were attempting to fulfill their legal obligations to file their taxes,” James said in a statement released on Thursday. “Today, we are righting that wrong and putting money back into the pockets of hardworking taxpayers who should never have paid to file their taxes.”
Intuit Inc. agreed to cease TurboTax’s “free, free, free” ad campaign as part of last year’s settlement.
At the time of the May 2022 settlement, James stated that her investigation into Intuit was sparked by a 2019 ProPublica report that found the company using deceptive tactics to steer low-income tax filers away from the free, federal services they qualified for — and instead towards its commercial products.
Intuit Inc. agreed to cease TurboTax’s “free, free, free” ad campaign as part of last year’s settlement. According to documents obtained by ProPublica, executives at Intuit were aware of the implications of advertising free services that were only available to some.
According to an internal corporate PowerPoint presentation that ProPublica obtained, “the website lists Free, Free, Free, and the customers are assuming their return will be free.” “Customers are getting upset.”
Inuit referred The Associated Press to the business’s post-settlement agreement statement from May 2022 when contacted on Friday.
“Intuit is pleased to have reached a resolution with the state attorneys general that will ensure the company can return our focus to providing vital services to American taxpayers today and in the future,” Intuit senior vice president and general counsel Kerry McLean stated at the time.
SOURCE – (AP)
Cryptocurrency
Sony Is Once Again Facing A Potential Security Breach, This Time By A Ransomware Group
Once more, Sony faces the possibility of a security breach, this time from a ransomware group alleging to have compromised PlayStation systems. On Sunday, the group LAPSUS$ proclaimed the alleged hack on their dark website. This could have significant implications for PlayStation users, although details remain scant.
According to the ransomware group, they have compromised all Sony systems and seized valuable information, including game source code and firmware. As “proof,” they have provided screen captures of what appears to be an internal login page, PowerPoint presentation, and file directory.
However, according to cybersecurity specialists, this information could be more convincing. Cyber Security Connect stated, “None of it appears to be particularly compelling information.” They suspect that LAPSUS$ may have exaggerated the scope of their breach.
Based on the limited data available, it is extremely difficult to determine the scope or integrity of the hackers’ claims. PlayStation’s online services do not appear to have been impacted so far, with no word if user data is at risk.
Sony Is Once Again Facing A Potential Security Breach, This Time By A Ransomware Group.
Not for the first time have Sony’s systems been targeted. In 2011, the PlayStation Network was compromised, exposing the personal information of 77 million users. Sony ultimately locked down PSN for nearly a month to improve security.
In 2014, North Korea launched a devastating cyberattack against Sony Pictures in retaliation for the film The Interview. The release of terabytes of sensitive data, including scripts for upcoming films and employees’ personal and medical information. Time will tell if Sony can once again recover its systems from a significant cyberattack. However, PlayStation users may need to prepare for potential consequences.
If LAPSUS$’s claims are accurate, this breach could have comparable repercussions. There is a possibility that sensitive source code and intellectual property could be compromised. There is also the possibility of significant PlayStation Network service disruptions. As with any hack, we recommend that users alter any passwords used on any PlayStation service to avoid problems with other online accounts.
CGMagazine has sought out Sony for comment, but at the time of publication, the company has neither confirmed nor denied the breach’s scope; we will update the article if the situation changes.
SOURCE – (cgmagonline)
Cryptocurrency
Amazon Is Investing Up To $4 Billion In AI Startup Anthropic In Growing Tech Battle
Amazon is investing up to $4 billion in artificial intelligence startup Anthropic and acquiring a minority stake in the company, the two companies announced on Monday.
The investment underscores how Big Tech companies are pouring money into AI as they race to capitalize on the opportunities that the latest iteration of the technology is set to fuel.
According to Amazon and Anthropic, the agreement is part of a larger collaboration to develop so-called foundation models, which are the basis for the generative AI systems that have garnered worldwide attention.
Foundation models, also known as large language models, are trained on vast online information pools, such as blog posts, digital books, scientific articles, and pop songs, to generate text, images, and videos that resemble human labor.
Amazon Is Investing Up To $4 Billion In AI Startup Anthropic In Growing Tech Battle.
Under the terms of the agreement, Anthropic will use Amazon as its primary cloud computing service and train and deploy its generative AI systems using Amazon’s custom processors.
Anthropic, based in San Francisco, was founded by former employees of OpenAI, the creator of the ChatGPT AI chatbot that made a global impact with its ability to generate responses that resembled human responses.
Anthropic has released Claude, its own ChatGPT competitor. The most recent version, available in the United States and the United Kingdom, can “sophisticated dialogue, creative content generation, complex reasoning, and detailed instruction,” according to the company.
Amazon is racing to catch up to competitors such as Microsoft, which invested $1 billion in OpenAI in 2019 and another multibillion-dollar investment at the beginning of the year.
Amazon has been releasing new services to keep up with the AI arms race, such as an update to its popular assistant Alexa that enables users to have more human-like conversations and AI-generated summaries of consumer product reviews.
SOURCE – (AP)
Computer
Photo Giant Getty Took A Leading AI Image-Maker To Court. Now It’s Also Embracing The Technology
Anyone seeking a gorgeous photograph of a desert landscape will find various options in the Getty Images stock photography collection.
But suppose you’re searching for a wide-angle image of a “hot pink plastic saguaro cactus with large, protruding arms, surrounded by sand, in a landscape at dawn.” According to Getty Images, you can now request that its AI-powered image generator create one on the spot.
The Seattle-based company employs a two-pronged strategy to address the threat and opportunity of artificial intelligence to its business. First, it filed a lawsuit against a prominent provider of AI-generated images earlier this year for what it claimed was a “stunning” violation of Getty’s image collection.
But on Monday, it joined the small but expanding market of AI image creators with a new service that enables its customers to create novel images trained on Getty’s vast library of human-made photographs.
According to Getty Images CEO Craig Peters, the distinction is that this new service is “commercially viable” for business clients and “wasn’t trained on the open internet with stolen imagery.”
He compared this to some pioneers in AI-generated imagery, such as OpenAI’s DALL-E, Midjourney, and Stability AI, the creator of Stable Diffusion.
“We have issues with those services, how they were built, what they were built upon, how they respect creator rights or not, and how they actually feed into deepfakes and other things like that,” Peters said in an interview.
Anyone seeking a gorgeous photograph of a desert landscape will find various options in the Getty Images stock photography collection.
In a lawsuit filed early this year in a Delaware federal court, Getty alleged that London-based Stability AI copied without permission more than 12 million photographs from its collection, along with captions and metadata, “as part of its efforts to build a competing business.”
Getty asserted in its lawsuit that it is entitled to damages of up to $150,000 per infringed work, which could reach $1.8 trillion. Stability seeks dismissal or transfer of the case but has not formally responded to the underlying allegations. Similar to the situation in the United Kingdom, a court conflict is still brewing.
Peters stated that the new service, dubbed Generative AI by Getty Images, resulted from a long-standing partnership with California-based tech company and chipmaker Nvidia, which predated the legal challenges against Stability AI. It is based on Edify, an AI model created by Picasso, a division of Nvidia’s generative AI division.
It promises “full indemnification for commercial use” and is intended to eliminate the intellectual property risks that have made businesses hesitant to use generative AI tools.
Getty contributors will also be compensated for having their images included in the training set, which will be incorporated into their royalty obligations so that the company is “actually sharing the revenue with them over time rather than paying a one-time fee or not paying that,” according to Peters.
Anyone seeking a gorgeous photograph of a desert landscape will find various options in the Getty Images stock photography collection.
Getty will compete with rivals such as Shutterstock, which has partnered with OpenAI’s DALL-E, and software company Adobe, which has developed its own AI image-generator Firefly, for brands seeking marketing materials and other creative imagery. It is unlikely to appeal to those seeking photojournalism or editorial content, where Getty competes with news organizations such as The Associated Press.
Peters stated that the new model cannot produce politically damaging “deepfake” images because it automatically blocks requests containing images of recognizable persons and brands. As an illustration, he entered “President Joe Biden on a surfboard” as a demonstration to an AP reporter, but the tool rejected the request.
“The positive news about this generative engine is that it cannot cause the Pentagon to be attacked. “It cannot generate the pope wearing Balenciaga,” he said, referring to a widely shared fake image of Pope Francis wearing a fashionable puffer jacket generated by artificial intelligence.
Peters added that AI-generated content will not be added to Getty Images’ content libraries, reserved for “real people in real places doing real things.”
SOURCE – (AP)
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