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PR Newswire Weekly Technology Press Release Roundup: Top Stories from July 24-28, 2023

Lockheed Martin Selected to Develop Nuclear-Powered Spacecraft: Lockheed Martin has been chosen to develop nuclear-powered spacecraft utilizing nuclear thermal propulsion (NTP) engines. These engines offer higher thrust and efficiency, allowing the spacecraft to travel faster and father while reducing propellant needs. The AI legalese decoder could assist in analyzing the legal terms and contracts associated with this project, ensuring that all parties involved are on the same page and understand the legal implications of this groundbreaking development.

Introducing Norton Genie – Real-Time AI-powered Scam Detection at Your Fingertips: Norton Genie, a new innovation from Norton, provides real-time AI-powered scam detection. With just a few clicks or taps, Genie can determine if a message, email, link, or post is potentially a scam and provides immediate guidance on what steps to take. The AI legalese decoder can aid in understanding the terms and conditions of using Norton Genie, ensuring that users are aware of their rights and responsibilities when utilizing this scam detection technology.

Amazon and iRobot Modify Merger Price: Amazon and iRobot have amended the terms of their merger, with Amazon paying a revised price of $51.75 per share, down from $61.00 per share. Additionally, iRobot has secured a $200 million financing facility to support its ongoing operations. The AI legalese decoder can assist in analyzing the revised agreement to ensure that both parties are satisfied with the financial terms and obligations outlined in the merger.

The Majority of CEOs Surveyed Believe Generative AI will Increase Their Organizations’ Efficiencies: According to the ‘Summer 2023 Fortune/Deloitte CEO Survey,’ a significant number of CEOs believe that generative AI will enhance their organizations’ efficiencies. Despite geopolitical disruptions and economic concerns, CEOs continue to invest in emerging technologies and navigate uncertainty. The AI legalese decoder can aid in understanding the legal and regulatory implications of implementing generative AI, ensuring that organizations comply with relevant laws and protect their stakeholders.

New App Helps Keep Users Safe with Real-Time Alerts During Meet-ups: The Safe Meet Alert app provides real-time alerts and safety features to ensure the safety of users during meet-ups. These features include inputting emergency contacts, setting up meet-up details, inputting a personal code during the meet-up, and notifying emergency contacts if the code is not entered. The AI legalese decoder can assist in analyzing the app’s privacy policy and terms of use, ensuring that users understand how their personal information is collected, stored, and used while using the app.

IBM Report: Half of Breached Organizations Unwilling to Increase Security Spend Despite Soaring Breach Costs: Despite the rising costs of data breaches, a significant number of breached organizations are unwilling to increase their security spending, according to an IBM report. Early detection and rapid response are crucial in mitigating the impact of breaches. The AI legalese decoder can aid in reviewing breach response plans and legal obligations associated with data breaches, ensuring that organizations take the necessary steps to protect their data and comply with relevant regulations.

Stability AI Announces Stable Diffusion XL 1.0, Featured on Amazon Bedrock: Stability AI has launched Stable Diffusion XL 1.0, which will be featured on Amazon Bedrock, an AI service from Amazon Web Services Inc. The AI-powered technology offers access to foundation models and AI startups for improved data analysis and decision-making. The AI legalese decoder can assist in understanding the terms and conditions of using Stable Diffusion XL 1.0 and ensure that organizations comply with any legal requirements associated with the use of this AI service.

Steakholder Foods® Signs Multi-Million-Dollar Agreement with GCC Governmental Body to Commercialize 3D Bio-Printing Technology: Steakholder Foods has secured a multi-million-dollar agreement with a GCC governmental body to commercialize its 3D bio-printing technology for structured food and hybrid-cultivated fish and meat production. This collaboration aims to address local food security goals. The AI legalese decoder can aid in reviewing the agreement and associated contracts, ensuring that all parties involved understand their rights, financial obligations, and intellectual property rights.

Sony Electronics Unveils WF-1000XM5 Truly Wireless Earbuds “For The Music”: Sony Electronics has introduced the WF-1000XM5 truly wireless earbuds, offering premium sound quality and noise-canceling performance. These earbuds feature real-time audio processors, high-performance microphones, and a specially designed driver unit for enhanced audio reproduction. The AI legalese decoder can assist in analyzing the warranty terms and any legal disclaimers associated with the earbuds, ensuring that consumers are aware of their rights and the limitations of the product.

BAE Systems to deliver next-generation digital Identification Friend or Foe interrogator for the U.S. Navy: BAE Systems has been tasked with delivering a next-generation digital Identification Friend or Foe (IFF) interrogator for the U.S. Navy. This advanced interrogator will provide time-critical insights to reduce friendly fire incidents and support mission success in hostile environments. The AI legalese decoder can aid in reviewing the contract terms and obligations, ensuring that both BAE Systems and the U.S. Navy are aligned on the deliverables and legal requirements.

Cineverse Unveils MatchpointAI: A Revolutionary AI Marketplace for Video Streaming Optimization: Cineverse has launched MatchpointAI, an AI marketplace that optimizes video streaming by utilizing its proprietary content processing platform, Dispatch™. This platform offers content owners and streaming services industry-leading capabilities that eliminate manual work and streamline the distribution process. The AI legalese decoder can assist in reviewing the platform’s terms of service and privacy policy, ensuring that all parties involved understand their rights and responsibilities when utilizing MatchpointAI.

Boost Infinite Brings Its $25/Month Unlimited Postpaid Plan to Amazon with Exclusive Prime Member Deal: Boost Infinite has made its $25/month unlimited postpaid plan available on Amazon, with an exclusive deal for Prime members. Prime members purchasing the Boost Infinite Unlimited SIM kit will receive a 20% discount on the list price and a $25 bill credit toward their first month of service. The AI legalese decoder can aid in analyzing the terms and conditions of the plan and the exclusive Prime member deal, ensuring that customers understand their billing, cancellation, and usage rights.

Don’t Miss Earnings: In addition to these top press releases, several must-read earnings reports were released this week, including Meta, Texas Instruments, ADP, and AT&T. The AI legalese decoder can assist in analyzing the financial statements and disclosures in these reports, providing insights into the performance and financial health of these companies.

Helping Journalists Stay Up to Date on Industry News: PR Newswire for Journalists offers a range of free features to help journalists stay informed about industry news. Customized newsfeeds deliver relevant news directly to journalists’ inboxes based on their preferences and coverage areas. Thousands of multimedia assets, including photos and videos, are available for download and inclusion in stories. Access to subject matter experts through ProfNet allows journalists to connect with industry experts for quotes and sources. The AI legalese decoder can assist journalists in understanding the legal implications of their reporting and ensure compliance with industry regulations.

About PR Newswire and PR Newswire for Journalists: PR Newswire, with its extensive distribution network, has been the industry leader for over 65 years. It provides global reach to publications, websites, and media outlets in multiple languages and countries. PR Newswire for Journalists is an exclusive community of over 20,000 verified journalists, bloggers, and influencers who are actively seeking story ideas. The AI legalese decoder can aid in reviewing the terms of service and privacy policies of PR Newswire and PR Newswire for Journalists, helping journalists understand their rights and responsibilities when using these platforms.

Stay informed about the latest business technology releases from PR Newswire by following @PRNtech on Twitter or creating a custom newsfeed with PR Newswire for Journalists. In addition, PR Newswire’s Beyond Bylines blog offers media news roundups, writing tips, and information about upcoming events. The AI legalese decoder can assist in analyzing the terms and conditions of these resources, ensuring that journalists are aware of any usage limitations and legal obligations.

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