September 2, 2022
Photo: David McNew/Getty Images
Good morning! California is offering incentives for carbon capture, but it’s a controversial technology that some experts say may cause more harm than good.
California approved several ambitious climate laws this week, including incentives that could benefit the controversial technology that is carbon capture.
What does the state’s framework say? It specifies that carbon capture and storage projects must minimize potential public health harms, especially in communities with historically polluted air.
But carbon capture projects have a checkered history: A report released yesterday by the Institute for Energy Economics and Financial Analysis found that they often fail or underperform.
And the bill may open the door for more harm than good, given that carbon capture projects are often constructed near vulnerable or rural communities.
— Nat Rubio-Licht
The U.K.’s Competition and Markets Authority isn’t convinced Microsoft should buy Activision Blizzard, for the sake of competition in the game industry. Don’t get it twisted, though: The acquisition isn’t even close to flopping, but regulators will likely keep Microsoft tied up in review until well into 2023.
The CMA is putting more pressure on the deal. On Thursday, the agency asked Microsoft to respond to its concerns over the acquisition within five business days.
That additional review doesn’t mean the deal won’t go through; it could just mean the conversations required to get this acquisition cleared are getting more serious.
— Sarah Roach
DataRobot's AI Cloud for Financial Services Unlocks the Art of the Possible: DataRobot continues to attract clients in financial services who want to de-risk their AI investments and rapidly scale AI to almost every part of their operations, resulting in improved productivity and higher customer satisfaction.
Amazon labor groups are urging Congress to bring Andy Jassy in for a hearing on warehouse safety:
Reddit bought Spiketrap, an audience contextualization company, for an undisclosed amount.
Joe Faber is Dialpad’s new general counsel. Faber is a former AT&T and Google lawyer.
Google and YouTube's midterm election plans include recommendations to authoritative national and local news sources, as well as rules restricting videos making false claims about the election.
Amazon failed to overturn the Staten Island union decision. The company plans to appeal the decision.
Experts are already worried about Twitter’s edit button, saying it could pave the way for more misinformation on the platform.
House Republicans wrote to Mark Zuckerberg demanding that he hand over FBI communications that led Facebook to suppress stories about Hunter Biden.
Remember Axon’s plans for Taser-equipped drones at schools? Those ambitions are still very much alive, although its AI ethics board resigned in June to protest the controversial tech.
Celsius wants to return $50 million in crypto to users, just a fraction of the $200 million total that is frozen in the exchange.
Solar panels on Amazon warehouses exploded or caught fire at least six times in a little over a year, forcing Amazon to take all of its solar panels offline, CNBC reports. Amazon's warehouse solar panels are a big part of its climate goals.Nvidia got a pass from the U.S. government, allowing it to continue AI chip development in China. It follows the company’s warnings that export restrictions could hinder its operations.
Jason Allen submitted a painting and took home first prize at the Colorado State Fair’s fine art competition. Only problem? He didn’t paint it himself. The piece, showing an ethereal setting where light shines into a dark, Baroque hall, was generated by AI using software called Midjourney.
And artists aren’t happy about it. The news made its way to Twitter, prompting thousands of angry replies. One Twitter user said, “We’re watching the death of artistry unfold right before our eyes.” Allen says he knew it’d be controversial, but thinks it’s not fair to say that he didn’t have a hand in making it.
What do you think? Does art created by AI count as art? Let us know by replying to this email!
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