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Author: Febin Mathew

Febin Mathew, Co-Founder & Editor at ReturnByte, reports on modern technology advanced including AI & Robotics. He has been helping people figure out their tech to make informed choices. Being a creative expressionist, he loves capturing aesthetic visuals that build narratives. For leisure, he loves gaming, riding motorcycles and hiking. Follow him @febinmathew7 on Instagram
Bitcoin hit its highest price since June 2022 earlier, touching $31,818, before edging down to trade around $30,935 at 1730 GMT on Friday. (REUTERS) News 

Bitcoin Price Close to 13-Month Peak as Ripple Ruling Boosts Investor Confidence

Febin Mathew,

On Friday, Bitcoin was nearing its peak for the year as crypto investors found optimism in a legal triumph where XRP, a cryptocurrency, was determined to not be a security. A US judge said on Thursday that Ripple Labs Inc did not violate securities laws by selling its XRP token on public exchanges. The case is the cryptocurrency company’s first victory in a lawsuit brought by the US Securities and Exchange Commission. Although the decision was case-specific, it triggered a wave of optimism among crypto-investors that more cryptocurrencies cannot be…

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The movie is the first from legendary director Hayao Miyazaki in 10 years. News 

Studio Ghibli’s ‘The Boy and the Heron’ to be Released in North America in 2021

Febin Mathew

Hayao Miyazaki’s latest film, which is rumored to be his final work, made its debut in Japan today, surprising audiences as Studio Ghibli did not promote it beforehand. Shortly after, Gkids revealed that it had obtained the rights to distribute the animated movie in North America. While the film is titled “Kimitachi wa Do Ikiruka” in Japan, it will be released internationally as “The Boy and the Heron.” Gkids has announced that the North American release is scheduled for later this year. Little is known about the new film, but…

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Know what’s happening in the AI universe today, July 14. (Pexels) AI 

Exploring the Latest Developments in Artificial Intelligence: AI Protest at Hollywood, Challenges Faced by AI, and More

Febin Mathew

Artificial intelligence, also known as AI, has been making waves in recent days due to various reasons. Following the film premiere of Oppenheimer, actors have taken a stand against the utilization of AI likeness in Hollywood, leaving the event promptly at midnight. Additionally, in the UK, more than 4 million individuals have engaged with generative AI, with a few even expressing concerns about its potential to replace them in their jobs. These stories and more are covered in today’s AI roundup. 1. Hollywood actors join SAG-AFTRA protest against the threat…

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EA has revealed the release date for its first rebranded football title, EA Sports FC 2024. The game will be released on September 29, 2023, and gamers can even see the newly released gameplay trailer now. Gaming 

EA Sports FC 24 Launches On September 29: Get Details On Price, Gameplay Features

Febin Mathew,

If you’re a fan of the EA FIFA franchise games, you’ll be excited to know that it has undergone a rebranding as EA Sports FC. The highly anticipated first installment, EA Sports FC 24, now has an official release date. Mark your calendars for September 29, as the game will be available on various platforms including PlayStation 5, PlayStation 4, Xbox Series X/S, Xbox One series, PC, and the Nintendo Switch. The game costs Rs 4,499 or $70 for PS5/PS4, Xbox Series X/S, Xbox One and PC. The Ultimate Edition…

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ISRO has decided to retain the names of the previous moon mission and named the Chandrayaan-3 lander Vikram, while the rover is being called Pragyaan. (AP) Space 

ISRO’s Chandrayaan-3 Moon Mission Launches Successfully

Febin Mathew,

India’s third lunar mission, known as Chandrayaan-3, successfully took off today at 2:35 PM IST from the Satish Dhawan Space Centre in Sriharikota. The Indian Space Research Organization (ISRO) launched Chandrayaan-3, carrying the hopes and aspirations of 1.4 billion Indians, on its 384,000-kilometer journey to the Moon, which is expected to take around 42 days. The GSLV Mark 3 launch vehicle, nicknamed ‘Bahubali’, is carrying a payload called SHAPE, which stands for Spectro-polarimetry of Habitable Planet Earth. ISRO has decided to retain the names of the previous moon mission, with…

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Instead of navigating to Google Calendar, users can now schedule meetings and events directly within Gmail. (Unsplash) News 

Gmail Upgrade Allows Users to Skip Calendar for Quicker Access

Febin Mathew,

Google is constantly updating its services to better meet the evolving needs of its users. In its latest update, Gmail is introducing a more efficient way to schedule meetings. Instead of having to go to Google Calendar, users can now schedule meetings and events directly within Gmail. This not only saves time and effort but also eliminates the need for multiple clicks, making the process much easier. According to the Google Workspace Updates page, the new feature will help users find the best meeting times, especially when scheduling with people…

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Stability AI Co-Founder Says He Was Duped Into Selling Stake for $100 (REUTERS) AI 

AI Company Co-Founder Claims He Was Deceived Into Selling Shares for $100

Febin Mathew

The co-founder of Stability AI Ltd. has filed a lawsuit against the company, alleging that he was deceived into selling his shares for $100 several months prior to the British AI startup reaching a valuation of $1 billion. Cyrus Hodes said he sold his 15 percent stake in Stability AI to another founder, Emad Mostaque, in two deals in October 2021 and May 2022, according to a federal lawsuit filed Thursday in San Francisco. Hodes claims Mostaque had led him to believe the company was “essentially worthless.” In August 2022,…

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The US Federal Trade Commission is investigating OpenAI over false information and mishandling user data in its ChatGPT app. OpenAI to cooperate with the probe AI 

US Regulators Investigating OpenAI for Possible Consumer Harm Caused by ChatGPT App

Febin Mathew, ,

OpenAI, supported by Microsoft, is currently under investigation by the US Federal Trade Commission (FTC) to assess the potential negative impact of its widely used ChatGPT app on consumers. The investigation aims to determine if the app generates false information and if OpenAI’s technology mishandles user data. OpenAI received a detailed 20-page questionnaire from the FTC, requesting information about instances where users were wrongly criticized and any measures taken by the company to prevent such occurrences in the future. The US regulatory authority’s investigation was first reported by The Washington…

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The AMPTP says the proposal would allow perfumers to consent to the creation of a digital replica. News 

Actors Protest Studios’ Attempt to Use Their Likeness Without Fair Compensation Through Rejected ‘AI Proposal’

Febin Mathew, ,

After failed negotiations with Hollywood studios, the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) leaders announced their decision to go on strike. The Alliance of Motion Picture of Television Producers (AMPTP) revealed that the rejected agreement included an innovative AI proposition aimed at safeguarding performers’ digital representations. According to the AMPTP, this AI deal would necessitate the consent of actors for the development and utilization of digital replicas or any digital modifications of their performances. However, SAG-AFTRA National Executive Director Duncan Crabtree-Ireland contradicted this claim during a…

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The highly customizable Access controller comes with several button and stick caps. Gaming 

Sony’s Accessibility Controller for PS5 to be Available on December 6th

Febin Mathew, , ,

Sony has announced the release date and pricing details for its new accessibility-focused controller, the Access controller, for PlayStation 5 players. The controller will be globally available on December 6th and will cost $90. Preorders will begin on July 21st. In Canada, the peripheral will be priced at $120 CAD, while in the UK it will cost £80, in Europe €90, and in Japan 12,980 yen. The highly customizable controller features four 3.5mm aux ports that allow gamers to connect external buttons, switches and other accessories. The box contains 19…

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Adobe said it wouldn't make any concessions to address competition concerns. News 

UK begins thorough inquiry into Adobe’s $20 billion acquisition of Figma

Febin Mathew,

Adobe’s $20 billion acquisition of Figma is now under increased scrutiny as the UK’s Competition and Markets Authority (CMA) has initiated a thorough investigation into the deal. This comes after Adobe refused to make any concessions to address antitrust concerns. The investigation, known as “phase 2,” will involve a panel of independent experts who will assess whether the merger will result in a decrease in competition within the design software industry. The CMA has until December 27th to conclude its review. We’ve reached out to Adobe for comment. The company…

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It's reportedly focusing research on live service Fortnite-style games and mixed reality. Gaming 

Sony to Increase Investment in Game Development as Rivals Strengthen

Febin Mathew, , ,

According to Nikkei, Sony intends to increase its investment in research and development (R&D) for gaming, with a particular focus on live service games similar to Fortnite and mixed reality. The company plans to allocate $2.13 billion for this segment in fiscal 2023, which will account for approximately 40 percent of its overall R&D spending. This amount is more than double what Sony spent in 2020. The objective behind this increased investment is to enhance its competitiveness in cloud gaming and virtual reality (VR), especially in light of Microsoft’s potential…

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ISRO's lunar mission ready for launch tomorrow. Check Chandrayaan 3 Launch Date and Time. (ISRO) Space 

Live Stream Details for ISRO’s Chandrayaan 3 Launch Revealed

Febin Mathew,

The highly anticipated Chandrayaan 3 mission is set to launch on Friday, July 14, from the Satish Dhawan Space Centre in Sriharikota. This lunar expedition, serving as a follow-on to the successful Chandrayaan-2, is the third mission of ISRO’s Moon Mission. The LVM3 will be responsible for launching the mission, carrying the lander and rover configuration to a lunar orbit of around 100 km. Chandrayaan 3 launch date and time According to the schedule, ISRO’s Chandrayaan 3 spacecraft is scheduled to launch on July 14 at 2:35 AM. The landing…

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The company is one step closer to space tourism. Space 

Virgin Galactic Set to Launch First Private Passenger Spaceflight on August 10th

Febin Mathew, ,

Virgin Galactic is set to welcome civilians on board its spacecraft after successfully completing its inaugural commercial spaceflight. The company is now preparing for its first private passenger flight, Galactic 02, which is scheduled for August 10th. While the identities of the passengers remain undisclosed, three individuals will join the regular crew. Those interested can tune in to a live stream of the event on the company’s website. The first commercial flight, Galactic 01, took off at the end of June. However, all three passengers were Italian government employees (two…

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The agency wants to know if the AI company is violating consumer protection laws. AI 

FTC Launches Probe into OpenAI, Developer of ChatGPT

Febin Mathew, , , ,

The US regulators are intensifying their efforts to regulate generative AI. According to The Washington Post, the Federal Trade Commission (FTC) has initiated a probe into OpenAI, the developer of ChatGPT and DALL-E. The FTC has asked for documentation demonstrating how OpenAI addresses the potential risks associated with its extensive language AI models. The concern is that the company might be engaging in practices that are “unfair or deceptive,” potentially compromising the privacy, security, or reputation of the public. The commission is particularly interested in data related to the bug…

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Sony has announced plans to boost research and development spending for its PlayStation gaming division in the current financial year. News 

Sony To Boost Investment In R&D To Bolster PlayStation Business

Febin Mathew,

According to the Nikkei, Sony Group plans to increase its research and development expenditure by approximately 10% to 300 billion yen ($2.2 billion) for its gaming division in the current fiscal year. The R&D expenses of the gaming industry behind the hit PlayStation 5 console will exceed the R&D expenses of electronics and semiconductors this year, the financial newspaper said. Sony did not immediately respond to a request for comment, but its games business has laid out ambitious plans to invest in games on the live service that offer constant…

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Sony has unveiled new games coming for PS Plus Deluxe and Extra subscribers in July. Check the complete list and compatible consoles here. Gaming 

Sony Announces Games for PS Plus July 2023: See the Complete List

Febin Mathew, ,

Sony has announced a lineup of new games exclusively for PS Plus Deluxe and Extra subscribers in July. The selection includes a mix of timeless classics, indie titles, and the acclaimed 2021 Game of The Year, It Takes Two. These games will be available for download starting July 18. Game list Games available for PS Plus Deluxe and additional members It Takes Two | PS4, PS5 Sniper Elite 5 | PS4, PS5 Snowrunner | PS4, PS5 World War Z | PS4, PS5 The Ascent | PS4, PS5 Undertale | PS4…

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Altman has explained that his investment in nuclear power is closely linked to the artificial intelligence revolution he champions, which will require massive amounts of energy. (Bloomberg) News 

Sam Altman of OpenAI Leads Initial Public Offering of Nuclear Venture

Febin Mathew,

Sam Altman, the head of OpenAI, is leading a startup that aims to create compact nuclear fission reactors. This startup is now going public and has been valued at $850 million. Altman is one of the leading figures in Silicon Valley since OpenAI launched ChatGPT. Altman became an early backer of nuclear startup Oklo in 2015 and is also its chairman. Altman has explained that his investment in nuclear power is closely related to the artificial intelligence revolution he advocates, which requires vast amounts of energy. “I’m all for energy.…

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The company has put its future ambitions on the ecosystem, but the senior Meta executive is not sure about those plans. News 

Metaverse Hype Declared Over by Senior Executive of Meta

Febin Mathew

Vishan Shah, an executive of Indian descent at Meta, responsible for overseeing the metaverse project, has stated that the excitement surrounding the metaverse has diminished. He said the metaverse was part of a “hype cycle” that attracted many investors, Fortune reported. “I think the Metaverse hype is dead. I think we were in a hype cycle. Like any new thing, and we invested last year because it wasn’t hype. We didn’t invest for the hype, we’ve been investing in the space for years; Oculus was bought in 2014,” Shah said.…

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It’s easy to try this year’s iPhone upgrade early. News 

Steps for Installing the iOS 17 Public Beta

Febin Mathew, , ,

No longer do you need to go through the trouble of contorting yourself to test the newest iOS version before its official release. Apple has now made the iOS 17 public beta available, and it is simple to install the preview on your iPhone. As long as you are aware of the potential risks, you can explore the significant features well in advance of the final software’s arrival in the autumn. These instructions can also be applied to the iPadOS 17 beta. Before you start: iOS 17 beta requirements and…

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