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Microsoft is Trying To Poach Meta AI Talent and Offering Multimillion-Dollar Pay Packages

2 months 4 weeks ago
Microsoft has compiled a spreadsheet of Meta AI employees by name, location and position as part of an aggressive recruiting push to sustain its AI-driven march toward a $4 trillion market valuation, according to internal documents viewed by Business Insider. The company created a "critical AI talent" designation enabling top offers within 24 hours and mandated matching Meta's compensation packages, which OpenAI CEO Sam Altman says reach $100 million signing bonuses and recently hit $250 million total packages. Microsoft AI under Mustafa Suleyman and CoreAI under ex-Meta engineering boss Jay Parikh have deployed special recruiting teams making multimillion-dollar offers with multimillion-dollar on-hire bonuses, while the company maintains flat headcount after cutting thousands of employees this year.

Read more of this story at Slashdot.

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Oh, great.Three notorious cybercrime gangs appear to be collaborating

2 months 4 weeks ago
Scattered Spider, ShinyHunters, and Lapsus$ spent the weekend bragging to each other on a Telegram channel

Prolific cybercrime collectives Scattered Spider, ShinyHunters, and Lapsus$ appear to be working together to break into businesses' networks, steal their data, and force an extortion payment.…

Jessica Lyons

Australian Federal Court Rules Apple and Google Engaged in Anti-Competitive App Store Conduct

2 months 4 weeks ago
Australia's Federal Court ruled Tuesday that Apple and Google violated competition law through anti-competitive app store practices. Judge Jonathan Beach found both companies breached section 46 of the Competition and Consumer Act by misusing market power to reduce competition. The decision covers class actions representing 15 million consumers and 150,000 developers seeking compensation for inflated prices from 2017-2022, plus separate Epic Games cases. Apple's exclusive iOS App Store and mandatory payment system, along with Google's Play Store billing requirements, were ruled anti-competitive despite security justifications. Compensation amounts will be determined at subsequent hearings, with estimates reaching hundreds of millions of dollars.

Read more of this story at Slashdot.

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