Apple · Wed 4 Nov

Apple is a technology company that develops consumer electronics, software, and services, including the iPhone, Mac, and iOS. Truncated covers its artificial intelligence hardware, software integration, partnerships, acquisitions, and regulatory developments.

Wednesday 4 November

Report: Apple reduces employees’ AI token allowances as Ternus moves to cut costs

AI-generated summary According to Bloomberg, Apple has reportedly reduced employees’ daily artificial intelligence spending limits from $300 to $200 as part of broader cost-cutting efforts. The company is planning further cuts to these daily allowances for some engineering teams, though employees can seek exemptions from senior leadership.

Also covered by bloomberg.com Investing.com MacRumors
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Scammers are using AI to fake missing pet photos, and what happens next is horrifying

AI-generated summary Criminals across the UK have launched a new scam utilizing artificial intelligence to generate fake photographs of missing pets and demand money from desperate owners. Victims like Stephanie Young, Cam Chauhan, and Sarah Robinson report that scammers use emotional pressure and threats of harm to force payments using Apple gift cards.

Also covered by Malwarebytes