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AI voice-clone scams are on the rise, according to security experts Voice-enabled AI models can be used to imitate loved ones Experts recommend agreeing a safe phrase with friends and family The next spam call you receive might not be a real person – and your ear won’t be able to tell the difference. Scammers are using voice-enabled AI models to automate their fraudulent schemes, tricking individuals by imitating real human callers, including family members. Scam calls aren't new, but AI-powered ones are a new dangerous breed. They use generative AI to imitate not just authorities or celebrities, but friends and family. The arrival of AI models trained on human voices has unlocked a new realm of risk when it comes to phone scams. These tools, such as OpenAI ’s voice API, support real-time conversation between a human and the AI model. With a small amount of code, these models can be programmed to execute phone scams automatically, encouraging victims to disclose sensitive information. So how can you stay safe? What makes the threat so problematic is not just how easily and cheaply it can be deployed, but how convincing AI voices have become . OpenAI faced backlash for its Sky voice option earlier this year, which sounded spookily like Scarlett Johansson, while Sir David Attenborough has described himself as “profoundly disturbed” by an AI voice clone which was indistinguishable from his real speech. Just a few seconds of audio is enough to simulate the voice of a loved-one. This could easily be sourced form a video shared on social media. Even tools designed to beat scammers demonstrate how blurred the lines have become. UK network O2 recently launched Daisy , an AI grandma designed to trap phone scammers in a time-wasting conversation, which they believe is with a real senior citizen. It’s a clever use of the technology, but also one that shows just how well AI can simulate human interactions. Disturbingly, fraudsters can train AI voices based on very small audio samples. According to F-Secure , a cybersecurity firm, just a few seconds of audio is enough to simulate the voice of a loved-one. This could easily be sourced form a video shared on social media. The basic concept of a voice-clone scam is similar to standard phone scams: cybercriminals impersonate someone to gain the victim’s trust, then create a sense of urgency which encourages them to disclose sensitive information or transfer money to the fraudster. Get the best Black Friday deals direct to your inbox, plus news, reviews, and more. Sign up to be the first to know about unmissable Black Friday deals on top tech, plus get all your favorite TechRadar content. The difference with voice-clone scams are two-fold. Firstly, the criminals can automate the process with code, allowing them to target more people, more quickly and for less money. Secondly, they are able to imitate not just authorities and celebrities, but people known directly to you. All that’s required is an audio sample, which is usually taken from a video online. This is then analyzed by the AI model and imitated, allowing it to be used in deceptive interactions. One increasingly common technique is for the AI model to imitate a family member requesting money in an emergency. The technology can also be used to simulate voices of high-profile individuals to manipulate victims. Scammers recently used an AI voice clone of Queensland Premier, Steven Miles , to try an execute an investment con. According to Starling Bank , a digital lender, 28% of UK adults say they have been targeted by AI voice-clone scams, yet only 30% are confident that they’d know how to recognize one. That’s why Starling launched its Safe Phrases campaign, which encourages friends and family to agree a secret phrase which they can use to confirm each other’s identity – and that's a wise tactic. 1. Agree a safe phrase with friends and family 2. Ask the caller to confirm some recent private information 3. Listen for uneven stresses on words or emotionless talk 4. Hang up and call the person back 5. Be wary of unusual requests, like requests for bank details Even without a pre-agreed safe phrase, you can use a similar tactic if you’re ever in doubt as to the veracity of a caller’s identity. AI voice clones can imitate a person’s speech pattern, but they won’t necessarily have access to private information. Asking the caller to confirm something that only they would know, such as information shared in the last conversation you had, is one step closer to certainty. Trust your ear as well. While AI voice clones are very convincing, they aren’t 100% accurate. Listen for tell-tale signs such as uneven stresses on certain words, emotionless expression or slurring. Scammers have the ability to mask the number they’re calling from and may even appear to be calling from your friend’s number. If you’re ever in doubt, the safest thing you can do is hang up and call the person back on the usual number you have for them. Voice-clone scams also rely on the same tactics as traditional phone scams. These tactics aim to apply emotional pressure and create a sense of urgency, to force you into taking an action your otherwise wouldn’t. Be alert to these and be wary of unusual requests, especially when it relates to making a money transfer. The same red flags apply to callers claiming to be from your bank or another authority. It pays to be familiar with the procedures used by your bank when contacting you. Starling, for example, has a call status indicator in its app, which can you check at any time to see if the bank is genuinely calling you. I cloned my voice with AI and even my wife can’t tell the difference A "fakeness score" could help people identify AI generated content This new scarily realistic AI-call scam is targeting Gmail users
SAN DIEGO , Nov. 21, 2024 /PRNewswire/ -- Avidity Biosciences, Inc. (Nasdaq: RNA), a biopharmaceutical company committed to delivering a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCsTM), today announced that on November 20, 2024, the Human Capital Management Committee of Avidity's Board of Directors granted non-qualified stock option awards to purchase an aggregate of 117,000 shares of its common stock and 58,500 restricted stock units ("RSUs") to twelve (12) new non-executive employees under the Avidity Biosciences, Inc. 2022 Employment Inducement Incentive Award Plan (the "2022 Inducement Plan"). The awards were granted as inducements material to the employees entering into employment with Avidity in accordance with Nasdaq Listing Rule 5635(c)(4). The 2022 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Avidity, or following a bona fide period of non-employment, as an inducement material to such individuals' entering into employment with Avidity, pursuant to Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $43.65 per share, which is equal to the closing price of Avidity's common stock on The Nasdaq Global Market on November 20, 2024, or the vesting commencement date. The shares subject to the stock options will vest over four years, with 25% of the shares vesting on the one-year anniversary of the vesting commencement date and the balance of the shares vesting in a series of 36 successive equal monthly installments thereafter, subject to each employee's continued employment with Avidity on such vesting dates. The RSUs will vest in four equal installments on the first four anniversaries of the vesting commencement date, subject to each employee's continued employment with Avidity on such vesting dates. The awards are subject to the terms and conditions of the 2022 Inducement Plan and the terms and conditions of a stock option agreement or RSU agreement, as applicable, covering the grant. About Avidity Avidity Biosciences, Inc.'s mission is to profoundly improve people's lives by delivering a new class of RNA therapeutics - Antibody Oligonucleotide Conjugates (AOCsTM). Avidity is revolutionizing the field of RNA with its proprietary AOCs, which are designed to combine the specificity of monoclonal antibodies with the precision of oligonucleotide therapies to address targets and diseases previously unreachable with existing RNA therapies. Utilizing its proprietary AOC platform, Avidity demonstrated the first-ever successful targeted delivery of RNA into muscle and is leading the field with clinical development programs for three rare neuromuscular diseases: myotonic dystrophy type 1 (DM1), Duchenne muscular dystrophy (DMD) and facioscapulohumeral muscular dystrophy (FSHD). Avidity is also advancing two wholly-owned precision cardiology development candidates addressing rare genetic cardiomyopathies. In addition, Avidity is broadening the reach of AOCs with its advancing and expanding pipeline including programs in cardiology and immunology through key partnerships. Avidity is headquartered in San Diego, CA. For more information about our AOC platform, clinical development pipeline and people, please visit www.aviditybiosciences.com and engage with us on LinkedIn and X . Investor Contact: Mike MacLean (619) 837-5014 investors@aviditybio.com Media Contact: Navjot Rai (619) 837-5016 media@aviditybio.com View original content to download multimedia: https://www.prnewswire.com/news-releases/avidity-biosciences-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-302313526.html SOURCE Avidity Biosciences, Inc.
Apollon Wealth Management LLC lifted its stake in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 10.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 996,650 shares of the computer hardware maker’s stock after acquiring an additional 91,591 shares during the period. NVIDIA makes up about 3.4% of Apollon Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Apollon Wealth Management LLC’s holdings in NVIDIA were worth $121,033,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors have also added to or reduced their stakes in the company. Lantz Financial LLC grew its holdings in shares of NVIDIA by 833.1% in the 2nd quarter. Lantz Financial LLC now owns 41,188 shares of the computer hardware maker’s stock valued at $5,088,000 after acquiring an additional 36,774 shares in the last quarter. Redhawk Wealth Advisors Inc. raised its stake in shares of NVIDIA by 867.8% during the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 133,136 shares of the computer hardware maker’s stock worth $16,448,000 after purchasing an additional 119,379 shares in the last quarter. 180 Wealth Advisors LLC raised its stake in shares of NVIDIA by 836.3% during the 2nd quarter. 180 Wealth Advisors LLC now owns 184,562 shares of the computer hardware maker’s stock worth $23,513,000 after purchasing an additional 164,851 shares in the last quarter. Arlington Financial Advisors LLC bought a new position in shares of NVIDIA in the second quarter valued at $236,000. Finally, Northcape Capital Pty Ltd raised its position in NVIDIA by 833.9% during the second quarter. Northcape Capital Pty Ltd now owns 55,127 shares of the computer hardware maker’s stock worth $6,810,000 after acquiring an additional 49,224 shares in the last quarter. 65.27% of the stock is owned by institutional investors. NVIDIA Price Performance Shares of NASDAQ NVDA opened at $137.01 on Friday. The stock’s 50 day moving average price is $139.97 and its 200-day moving average price is $127.90. The company has a market capitalization of $3.36 trillion, a PE ratio of 53.92, a PEG ratio of 2.43 and a beta of 1.64. NVIDIA Co. has a twelve month low of $47.32 and a twelve month high of $152.89. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. NVIDIA Announces Dividend The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, December 5th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date of this dividend was Thursday, December 5th. NVIDIA’s dividend payout ratio is currently 1.57%. Wall Street Analysts Forecast Growth A number of research analysts recently weighed in on NVDA shares. Citigroup boosted their target price on NVIDIA from $170.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Rosenblatt Securities restated a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a report on Monday, November 18th. Piper Sandler upped their target price on NVIDIA from $140.00 to $175.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. Morgan Stanley raised their price target on NVIDIA from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. increased their price objective on shares of NVIDIA from $155.00 to $170.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Four investment analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.15. Check Out Our Latest Research Report on NVDA Insider Buying and Selling at NVIDIA In other NVIDIA news, Director Mark A. Stevens sold 125,000 shares of the company’s stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $122.61, for a total transaction of $15,326,250.00. Following the sale, the director now directly owns 8,255,117 shares of the company’s stock, valued at $1,012,159,895.37. This represents a 1.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Also, CFO Colette Kress sold 66,670 shares of NVIDIA stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $135.40, for a total transaction of $9,027,118.00. Following the completion of the transaction, the chief financial officer now owns 3,351,572 shares of the company’s stock, valued at $453,802,848.80. The trade was a 1.95 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 1,351,886 shares of company stock worth $176,825,650 over the last ninety days. 4.23% of the stock is currently owned by company insiders. NVIDIA Company Profile ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. See Also Five stocks we like better than NVIDIA Buy P&G Now, Before It Sets A New All-Time High S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains How to Use the MarketBeat Excel Dividend Calculator How AI Implementation Could Help MongoDB Roar Back in 2025 Do ETFs Pay Dividends? What You Need to Know Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon? 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Congressional Republicans and former Trump appointees have spent the last year building out their response to the movement protesting Israel’s war in Gaza , and now that Donald Trump is returning to the White House they warn that protest leaders, activists and those who help them raise money could face an onslaught of federal investigations and possible indictments. An NBC News review of congressional hearings and letters, along with lawsuits filed by organizations led by former Trump officials, provides a preview of which federal laws a second Trump administration could use when pursuing investigations and potential prosecutions. Judging from what has been pushed thus far, there are several legal measures most likely to be used once Trump returns to Washington. One would be deporting foreign college students in the U.S. on a visa after they’re found to have openly advocated for Hamas or another U.S.-designated terror group, or after they participated in an unauthorized campus protest and were suspended, expelled or jailed. Another measure would be to pursue federal prosecutions of demonstrators who block synagogue entrances or disrupt Jewish speakers at events. A third approach is to charge protest leaders and nonprofits that aid in fundraising for protest groups with failing to register with the U.S. Justice Department as an “agent of a foreign principal.” And a fourth avenue is to open investigations into protest leaders who are in direct contact with U.S.-designated terror groups while advocating on their behalf. The multifaceted law enforcement approach is a marked departure from the Biden administration’s response to the protest movement. Some of the nation’s leading civil rights groups told NBC News that they are gearing up for a flood of legal battles to protect the protesters. “Trying to predict what Trump will do is a fool’s errand. We have to be prepared for the most extreme version of what he’s threatened,” said Ben Wizner, the director of the American Civil Liberties Union’s Speech, Privacy and Technology Project. “We have to take him both literally and seriously.” ‘A new sheriff in town’ Biden administration officials have told NBC News that prosecuting speech-related crimes related to the anti-war protests is not a high priority for the current Justice Department, nor is seeking out student protesters on foreign visas a top concern for U.S. Immigration and Customs Enforcement. “President Trump will enforce the law,” said Sen. Joni Ernst, R-Iowa, in an email to NBC News. Ernst recently asked the FBI to open an investigation into a pro-Hamas student group at Columbia University called Columbia University Apartheid Divest. A member had threatened “Zionists” on social media , which the organization had initially distanced itself from after a strong public outcry but later supported in an Instagram post . CUAD also has handed out pro-Hamas flyers that circulated around campus featuring masked men holding weapons. “There is a new sheriff in town,” Ernst said. The FBI has yet to respond to Ernst’s request, her office said. An FBI spokesperson did not immediately respond to request for comment. A Columbia University spokesperson said CUAD is not a recognized organization by the school and the flyers were under investigation. Members of CUAD declined to comment. Reed Rubinstein, who held high-ranking positions in both the Justice Department and the U.S. Education Department in the first Trump administration, is now a senior vice president at America First Legal, a public policy law firm in Washington, D.C., founded by former Trump adviser Stephen Miller. (Miller is expected to return to the White House as a deputy chief of staff for policy.) Under Rubinstein, America First Legal has in the past year filed four lawsuits that provide a glimpse into how the Trump administration could differ from its predecessor. America First Legal alleges in the suits that the State Department, the Justice Department, the Department of Homeland Security and the Department of Education have protected pro-Hamas extremists. In court papers and in letters to several federal oversight officials, America First Legal has also said it believes the Justice Department should have forced several leaders of pro-Palestinian groups to report themselves under the Foreign Agents Registration Act, known as FARA, which requires individuals acting as “an agent of a foreign principal” to register themselves with the Justice Department. It has also accused the Department of Education of not following Title VI regulations, which prohibits schools that accept federal funding from allowing on-campus discrimination based on race, shared ancestry or ethnic characteristics including being Jewish. “There’s a difference between lawful speech and unlawful conduct,” Rubinstein told NBC News. “Law enforcement has an obligation to act.” Although the lawsuits haven’t progressed in court, they provide a possible road map for how Trump-minded prosecutors could respond to the protest movement. So far, only the Education Department has responded to the allegations, court papers show, and said the agency doesn’t have sufficient evidence to respond to the claims that policies aren’t being enforced. The Justice Department didn’t respond to a request for comment. Spokespeople at the State Department, the Department of Homeland Security and the Department of Education all said they can’t comment on pending litigation. Rubinstein in an interview brought up an additional law he expects a second Trump administration could enforce. Known as the FACE Act , the law prohibits people from using force, threats or intimidation while blocking entrances of places of worship. Earlier this month, protesters with SJP Chicago gathered at the Chicago Loop Synagogue to demonstrate against an Arab Israeli speaker who had served in the Israeli military. Videos posted to social media showed demonstrators blocking the synagogue’s entrance, banging on the windows and getting inside. “You do not have the right to deny somebody the ability to congregate in a church or synagogue,” Rubinstein said. “We would like to see the Department of Justice do its job.” A spokesman for the FBI’s Chicago office said its policy is not to confirm or deny the existence of an investigation. The Chicago Police Department said it arrested two protesters and charged them with trespassing and one with property damage, both misdemeanor charges. SJP Chicago did not respond to a request for comment. But in an Instagram post, it said protesters were not being anti-Jewish. “Zionist have scrambled to throw together a narrative that these acts were anti-semetic and fueled by hate (what’s new).” An expected flood of legal battles Some of the nation’s leading free speech and civil rights groups say they are gearing up to fight a new Trump administration and any attempts to go after protesters or their funders. Since 9/11, organizations including the Center for Constitutional Rights (CCR), along with the ACLU, the Council on American-Islamic Relations and the Knight First Amendment Institute have represented Muslim Americans and pro-Palestinian activists in cases involving free speech, surveillance or abuse. Edward Ahmed Mitchell, CAIR’s deputy executive director, argued that the Biden administration failed to enforce FARA against leaders of pro-Israel groups. Mitchell said both Trump and President Joe Biden single out pro-Palestinian activists with either a lack of enforcement or with too much enforcement. “Just as Americans who peacefully marched, protested and lobbied against segregation, the Vietnam War and South African apartheid were not deterred when government agencies spied upon, smeared, arrested and brutalized them,” Mitchell said, “the college students, human rights activists and everyday Americans peacefully opposing the Gaza genocide have not been deterred by such government abuses and, God willing, will not be deterred by such abuses in the future.” Both CCR and the ACLU told NBC News that their concerns go beyond what the administration could do to crack down on just the protests. They pointed to the possibility that a Republican-led Congress could pass a bill currently under consideration that would strip away the tax-exempt status of nonprofits that a Trump appointed treasury secretary designates as providing material support to “terrorist supporting organizations.” CCR also said it worries a second Trump administration could wrongly level accusations of failing to register as foreign agents against protest leaders and nonprofits that aid protest groups with collecting donations. CCR is also watching whether a Trump Justice Department will charge certain activists accused of supporting Hamas and other U.S.-designated terror organizations with violating a U.S. anti-terror law that prohibits advocating for terror groups while in coordination with them. “We are prepared for the Trump administration coming in and changing the game, particularly around the question, ‘Where does speech fit into this?’” said Vince Warren, CCR’s executive director. “To the extent that the Biden administration drew a line between speech and actionable conduct, we don’t think that the Trump administration will do that at all.” CCR is also concerned about the plans laid out in Project Esther , an initiative backed by the Heritage Foundation, the conservative think tank that published Project 2025 . Project Esther urges law enforcement to use a plethora of federal and state laws to dismantle what it terms the “global Hamas Support Network” using racketeering laws — used to break up the mafia — along with anti-terrorism and anti-hate speech laws. “They will throw any type of spaghetti up against the wall,” Warren said. The Knight Institute said although it expects the new Trump administration to aggressively police speech, it is prepared to fight back. Earlier this month, Knight successfully rebuffed the Biden Treasury Department, which had blocked a New York based nonprofit from organizing an overseas conference with Hezbollah members, arguing it can’t work with people sanctioned for ties to terrorism groups. The agency reversed course and settled the case earlier this month after Knight argued that an academic exchange of ideas could not violate anti-terror laws. “If there’s one thing the First Amendment protects, it’s the right of Americans to criticize their own government’s policies,” said Jameel Jaffer, the Knight Institute’s executive director. The ACLU’s Wizner struck a similar note, saying: “The courts have made clear that the First Amendment protects all manner of controversial advocacy, including advocacy of violence, so long as the speaker isn’t actively inciting imminent harm,” Wizner said. Impact on college campuses Kenneth Marcus, who ran the Department of Education’s Office for Civil Rights during the Trump and George W. Bush administrations, now leads the Louis D. Brandeis Center for Human Rights Under Law, one of the leading civil rights organizations focused on Jewish students. Over the past year, the center has sued a growing list of universities arguing officials failed to stop what it sees as widespread antisemitism on campus. Marcus said he has met with Department of Education officials requesting an expansion of civil rights enforcement to protect Jewish students on campuses. The Department of Education didn’t respond to questions regarding Marcus’ concerns. “We know that President Trump has repeatedly expressed concern about the campus situation,” Marcus said. During the presidential campaign, one of the 20 promises in the preamble to the Republican Party platform was to “deport pro-Hamas radicals and make our college campuses safe and patriotic again.” NBC News reported in August that the Biden administration said it was not targeting visa revocations for foreign students who may have engaged in speech-related offenses or participated in unauthorized campus protests and had not terminated any university or college student visas due to protest activity related to the Israel-Hamas war. Trump’s return to Washington could lead to possible attempts to revoke student visas for foreign students who openly support Hamas or other U.S.-designated terror organizations, Marcus said. Marcus also anticipates more intervention from the Justice Department when Jewish students say they are being targeted on campus. At a campaign stop in September , Trump said that at the start of his second presidency, he would inform universities that if they allow violence and threats against Jewish students, they “will be held accountable for violations of the civil rights law.” “My administration will move swiftly to restore safety for Jewish students and Jewish people on American streets,” Trump said.
Vicor Co. (NASDAQ:VICR) Shares Bought by Franklin Resources Inc.