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Supported By
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Good morning!
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In the news today we are looking at the new investment that Flutterwave CEO Agboola Olugbenga has made. This time it's not in a bubbling tech startup. Geoffrey Hinton, who has been regarded as "the father of AI" has now resigned from Google raising alarm about the dangers of AI adoption.
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Below are the tech stories and news you need to know to start your day, carefully curated by Technext.
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Summary of the news
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- A bug on Twitter has been returning the blue check to legacy holders
- Olugbenga Agboola is now a director at Lagoon Hospital
- First Republic Bank has been sold by US authorities to JPMorgan
- Geoffrey Hinton has resigned from Google, protesting the company's accelerated pace towards AI adoption
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Ecosystem
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- Flutterwave CEO Olugbenga Agboola is now a director at Lagoon Hospital after a fresh round of funding. Agboola was a participant. (Nairametrics)
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Social Tech
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- A bug on Twitter has been returning the blue check briefly to legacy holders who update their bio. (TechCrunch)
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Global News
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- The Federal Deposit Insurance Corporation in the US has sold First Republic Bank to JPMorgan, saving the bank from collapse. This is the third time this year federal authorities have stepped in to save a bank. (TechCrunch)
- Samsung Galaxy devices now have access to Microsoft SwiftKey’s latest Bing AI feature. The SwiftKey team announced that the Bing AI update is now rolling out to Samsung users. (SamMobile)
- A special committee of messaging app IRL’s board of directors suspended CEO Abraham Shafi after receiving a report from outside counsel that outlined a pattern of misconduct by Shafi. (The Information)
- Geoffrey Hinton, a pioneer of AI has resigned from Google protesting the company's accelerated pace towards AI adoption. “It is hard to see how you can prevent the bad actors from using it for bad things,” he said. He added that AI technologies pose “profound risks to society and humanity.” (New York Times)
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Latest in funding
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Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly Apps with low transaction fees without ever sacrificing security.
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Other stories we are following
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