Technology News
US seeks 3 years prison for Binance founder Zhao
US seeks 3 years prison for Binance founder Zhao
U.S. prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world’s largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering. MORE..
US Senate passes bill that could see TikTok banned
US Senate passes bill that could see TikTok banned
The US Senate has approved a controversial landmark bill that could see TikTok banned in America. MORE..
Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by judge
Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by judge
Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company’s corporate home to Texas. MORE..
South Korea to host second AI Safety Summit on May 21-22
South Korea to host second AI Safety Summit on May 21-22
South Korea will host the second global AI (artificial intelligence) safety summit on May 21-22, six months after Britain held the inaugural event at Bletchley Park. MORE..
Apple warns of ‘mercenary spyware attack’ on users in India, 91 other countries
Apple warns of ‘mercenary spyware attack’ on users in India, 91 other countries
Apple Inc has warned its users in India and ninety-one other countries that they were possible victims of a “mercenary spyware attack”, according to a threat notification email that was sent to targeted users. MORE..
Alibaba Cloud announces price cut on products powered by offshore data centers
Alibaba Cloud announces price cut on products powered by offshore data centers
China’s Alibaba Cloud on Monday said it will cut prices for products that are powered by its offshore data centers by as much as 59% amid rising competition to attract artificial intelligence software developers. MORE..
Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts
Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts
Apple is laying off more than 600 workers in California, marking the company’s first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. MORE..
Google to delete incognito search data to end privacy suit
Google to delete incognito search data to end privacy suit
Google has agreed to delete a vast trove of search data to settle a suit that it tracked millions of US users who thought they were browsing the internet privately. MORE..
UK and US sign landmark agreement to test AI safety
UK and US sign landmark agreement to test AI safety
The UK and US have signed a landmark artificial intelligence (AI) agreement to collaborate on testing and mitigating the risks of AI models. MORE..
Microsoft to separate Teams and Office globally amid antitrust scrutiny
Microsoft to separate Teams and Office globally amid antitrust scrutiny
Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a possible EU antitrust fine. MORE..
US firm AT&T says data of 73 million customers leaked on ‘dark web’
US firm AT&T says data of 73 million customers leaked on ‘dark web’
Personal information belonging to millions of past and present AT&T customers has been leaked online, including Social Security numbers (SSNs), passcodes and contact details, the multinational company says. MORE..
Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud
Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud
Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-bankrupt firm. MORE..
US offers $10 million bounty for info on ‘Blackcat’ hackers who hit UnitedHealth
US offers $10 million bounty for info on ‘Blackcat’ hackers who hit UnitedHealth
The U.S. State Department on Wednesday offered up to $10 million for information on the “Blackcat” ransomware gang who hit the UnitedHealth Group’s tech unit and snarled insurance payments across America. MORE..
Nissan to launch 30 new models by 2027, boost global sales volumes
Nissan to launch 30 new models by 2027, boost global sales volumes
Nissan Motor said on Monday it would launch 30 new models over the next three years and aim to raise its global sales by 1 million vehicles while cutting costs to improve profitability. MORE..
Apple lawsuit: US accuses tech giant of monopolising smartphone market
Apple lawsuit: US accuses tech giant of monopolising smartphone market
The US has filed a landmark lawsuit against Apple, accusing the tech giant of monopolising the smartphone market and crushing competition. MORE..
The UN will vote on its first resolution on artificial intelligence, aimed at ensuring its safety
The UN will vote on its first resolution on artificial intelligence, aimed at ensuring its safety
The General Assembly is set to vote Thursday on what would be the first United Nations resolution on artificial intelligence, aimed at ensuring the powerful new technology benefits all nations, respects human rights and is “safe, secure and trustworthy.” MORE..
US tech giant Nvidia unveils latest AI chip
US tech giant Nvidia unveils latest AI chip
Nvidia has unveiled its latest artificial intelligence (AI) chip which it says can do some tasks 30 times faster than its predecessor. MORE..
US Supreme Court eyes government contacts with social media platforms
US Supreme Court eyes government contacts with social media platforms
The U.S. Supreme Court on Monday marches back into the battle over social media content moderation in a challenge on free speech grounds to how President Joe Biden’s administration encouraged platforms to remove posts that federal officials deemed misinformation, including about elections and COVID-19. MORE..
US ban on TikTok would rob Biden, Democrats of 2024 election tool
US ban on TikTok would rob Biden, Democrats of 2024 election tool
If President Joe Biden keeps his promise to sign a ban on TikTok over its ties to the Chinese government, the 81-year-old may rob his reelection campaign of a platform that he and fellow Democrats rely on to reach younger voters. MORE..
US House passes bill to force ByteDance to divest TikTok or face ban
US House passes bill to force ByteDance to divest TikTok or face ban
The U.S. House of Representatives overwhelmingly passed a bill on Wednesday that would give TikTok’s Chinese owner ByteDance about six months to divest the U.S. assets of the short-video app used by about 170 million Americans or face a ban. MORE..
Kairos: Japan’s Space One rocket explodes on inaugural flight
Kairos: Japan’s Space One rocket explodes on inaugural flight
Kairos, a small, solid-fuel rocket made by Japan’s Space One, exploded just seconds into its inaugural launch on Wednesday as the firm tried to become the first Japanese company to put a satellite in orbit. MORE..
Toyota and Nippon Steel agree to historic pay hikes
Toyota and Nippon Steel agree to historic pay hikes
Japan’s largest employers announced record pay increases on Wednesday, signaling a break from the deflationary mindset that led to the country’s prolonged period of low economic growth known as the “lost decades.” MORE..
Ex-Google engineer charged with stealing AI secrets
Ex-Google engineer charged with stealing AI secrets
A former Google software engineer has been charged by the US with stealing trade secrets about artificial intelligence (AI) while secretly working for two Chinese companies. MORE..
Facebook and Instagram restored after major outages
Facebook and Instagram restored after major outages
Meta says it has resolved a “technical issue” which caused Facebook, Messenger and Instagram to go down. MORE..
Meta’s Facebook, Instagram down for many users across the world
Meta’s Facebook, Instagram down for many users across the world
Meta-owned social media platforms Facebook and Instagram were down for hundreds of thousands of users on Tuesday in a global outage that has been going on for more than an hour. MORE..
