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X only has to pay one last fine in Brazil to get its services reinstated, according to Bloomberg and CNBC. Supreme Court R has ordered the company to pay 10 million Reais, or around $1.9 million, for its non-compliance with Brazil's court order for two days. Moraes added that the company's return "depends solely on the full compliance with Brazilian legislation and the absolute observance of the court orders in respect of national sovereignty." Specifically, Moraes fined X on September 19 for restoring its services in the country for some people despite a ban on the website. The judge also fined the company after X disregarded the ban for a second time on September 23 through Starlink. X's owner, Elon Musk, previously resisted Moraes' order to take down and freeze several accounts that were allegedly spreading disinformation on the platform. Musk saw it as censorship and opted to close its operations in the country instead of complying. In response, Moraes ordered the nation's internet providers to block the social media platform and to issue a new rule that anybody found to be accessing X through a VPN could face a daily fine of 50,000 Reais ($8,900). The court froze the Brazilian bank account of SpaceXs Starlink internet service provider, as well. It ultimately withdrew 18.35 million Reais ($3.4 million) from Starlink's and X's account to settle previous penalties the Supreme Court had imposed on the social network. A few days ago, however, X's lawyers reportedly filed a document in court naming the company's legal representative in Brazil, as Moraes had demanded. The website also removed the accounts the judge named in its initial directives and which he had identified as a threat to democracy, showing that it's now willing to comply with the court's orders. The New York Times reported back then that X had failed to submit all the necessary paperwork to get Brazil to lift its ban. Moraes' statement that the company can "immediately return to its activities" after it pays this fine suggests that X got that squared away, and Brazilian users may be able to access the website soon. This article originally appeared on Engadget at https://www.engadget.com/social-media/x-can-be-immediately-unblocked-in-brazil-after-it-pays-a-19-million-fine-110001546.html?src=rss
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Marketing and Advertising
OpenAI is reportedly telling investors that it plans on charging $22 a month to use ChatGPT by the end of the year. The company also plans to aggressively increase the monthly price over the next five years up to $44. The documents obtained by The New York Times shows that OpenAI took in $300 million in revenue this August, and expects to make $3.7 billion in sales by the end of the year. Various expenses such as salaries, rent and operational costs will cause the company to lose $5 billion this year. OpenAI is reportedly circulating the documents the NYT reported on as part of a drive to find new investors to prevent or lessen its financial shortfall. Fortunately, OpenAI is raising money on a $150 billion valuation, and a new round of investments could bring in as much as $7 billion. OpenAI is also reportedly in the midst of switching from a non to for-profit company. The business model allows for the removal of any caps on investor returns so theyll have more room to negotiate for new investors at possibly higher rates.This article originally appeared on Engadget at https://www.engadget.com/ai/openai-reportedly-plans-to-increase-chatgpts-price-to-44-within-five-years-225413308.html?src=rss
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Marketing and Advertising
Threads seems to be rolling out a new location tagging feature that allows users to add a location to their posts. Some users have reported seeing the change in Threads app, though it doesnt seem to be available to everyone just yet. The feature is similar to location tagging on Instagram. When you give Threads access to your location, youll see a list of nearby places to tag, though you can also manually search for a place. For example, I saw that a few users already jokingly tagged their posts as hell. According to an in-app disclaimer from Meta, the company plans to use location sharing to better customize Threads by showing personalized content about places nearby. The change could help improve Threads search functionality, which still often falls short, and make the app slightly more useful for following breaking news and other timely events. Threads The change could also come in handy in the future when Meta finally flips the switch on advertising in Threads. Mark Zuckerberg has said the company plans to continue growing the service before bringing ads to the platform, but getting users consent to sharing locations would provide a crucial bit of information for the companys ad machine. Meta didnt immediately respond to questions about the feature, but the company appears to still be rolling it out. Location sharing appeared for me in the Threads app, but then disappeared about an hour later. It doesnt seem to be visible at all yet on the web version of Threads.This article originally appeared on Engadget at https://www.engadget.com/social-media/threads-is-adding-location-location-sharing-to-posts-224114320.html?src=rss
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Marketing and Advertising
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