Today: September 24, 2024
Today: September 24, 2024

Technology

Business|Technology

Google fights $17 billion UK lawsuit over adtech practices

Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on

Google fights $17 billion UK lawsuit over adtech practices
Political|Technology

Senator Schumer to propose framework for AI legislation in coming weeks

Senate Majority Leader Chuck Schumer said on Wednesday he would provide a framework for addressing the risks and potential benefits of artificial intelligence in the coming weeks

Senator Schumer to propose framework for AI legislation in coming weeks
Economy|Environment|Science|Technology

China approves first gene-edited wheat in step to open up GM tech to food crops

China has approved the safety of gene-edited wheat for the first time as Beijing cautiously moves forward with commercial growing of genetically modified food crops.

China approves first gene-edited wheat in step to open up GM tech to food crops
Business|Entertainment|Technology

Warner Bros Discovery plans new cost cuts, hike in Max price, Bloomberg reports

Warner Bros Discovery is looking at additional opportunities for cost-cutting and raising prices for its Max streaming platform, Bloomberg News reported on Wednesday, citing people with

Warner Bros Discovery plans new cost cuts, hike in Max price, Bloomberg reports
Economy|News|Technology

Slow to expand, internet casino gambling is the future of US betting, industry execs say

Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos

Slow to expand, internet casino gambling is the future of US betting, industry execs say
Business|Economy|Technology

GM to end production of Chevy Malibu as it shifts to EVs

General Motors said Wednesday it will end production of its gasoline-powered Chevrolet Malibu car later this year in order to produce new electric vehicles.

GM to end production of Chevy Malibu as it shifts to EVs
Business|Economy|Technology

Microsoft to shut Africa development centre in Nigeria

Microsoft is closing down its Africa Development Centre in the continent's most populous nation Nigeria, which will lead to job losses, a spokesperson said on Wednesday.

Microsoft to shut Africa development centre in Nigeria
Business|Entertainment|Technology

Music streaming firms urge European Commission to reject Apple's proposal in App Store case

A group that represents audio streaming firms including Spotify and France's Deezer in Europe has urged the European Commission to reject Apple's proposal in a music

Music streaming firms urge European Commission to reject Apple's proposal in App Store case
Business|Economy|Technology

Bumble revenue beats estimates on paying users strength, shares jump

Bumble beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users, sending the company's shares up more than 9% in aftermarket

Bumble revenue beats estimates on paying users strength, shares jump
Economy|News|Political|Technology

US could ban Chinese connected vehicles or impose restrictions

The U.S. could take "extreme action" and ban Chinese connected vehicles or impose restrictions on them, Commerce Secretary Gina Raimondo said on Wednesday, in

US could ban Chinese connected vehicles or impose restrictions
News|Political|Technology

US confronts China over Volt Typhoon cyber espionage

U.S. officials confronted the Chinese government in Beijing last month about a sweeping cyber espionage campaign through which Chinese hackers have broken in

US confronts China over Volt Typhoon cyber espionage
Business|Economy|Technology

Airbnb shares slide on lower revenue forecast despite a doubling of net income

Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading

Airbnb shares slide on lower revenue forecast despite a doubling of net income
Business|News|Technology

Judge grills Apple exec about whether company is defying order to enable more iPhone payment options

A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital services

Judge grills Apple exec about whether company is defying order to enable more iPhone payment options
Business|Entertainment|Technology

Disney, Warner Bros to offer streaming bundle of Disney+, Hulu and Max

Walt Disney and Warner Bros Discovery will offer a bundle of the Disney+, Hulu and Max streaming services in the United States starting this summer, the

Disney, Warner Bros to offer streaming bundle of Disney+, Hulu and Max
News|Technology

FAA delaying start of new US air traffic control rest requirements

The U.S Federal Aviation Administration said on Wednesday it was delaying requirements for air traffic controllers to get at least 10 hours off between shifts

FAA delaying start of new US air traffic control rest requirements
Business|Technology

Huawei's new phone uses more China-made parts, memory chip

Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a

Huawei's new phone uses more China-made parts, memory chip
Business|Technology

Factbox: What is in Huawei's new Pura 70 smartphones

Huawei's new high-end Pura 70 smartphone series quickly sold out after it was launched last month with analysts touting it as another Apple iPhone challenger and adding to signs of how the

Factbox: What is in Huawei's new Pura 70 smartphones
News|Technology

Undercover operation nets arrests as New Mexico's top prosecutor blames Meta for online predators

New Mexico’s top prosecutor has announced charges against three men who are accused of using Meta’s social media platforms to target and solicit sex with underage children

Undercover operation nets arrests as New Mexico's top prosecutor blames Meta for online predators
Business|Economy|Technology

Panasonic's battery unit misses annual profit estimate

The energy unit of Japan's Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in

Panasonic's battery unit misses annual profit estimate
Business|Technology

China's BYD will consider second Europe plant in 2025, executive says

Chinese automaker BYD will consider building a second assembly plant in Europe in 2025, its European managing director Michael Shu said on Thursday.

China's BYD will consider second Europe plant in 2025, executive says
Political|Science|Technology

How dependent is China on US artificial intelligence technology?

The Biden administration plans to put guardrails on U.S.-developed artificial intelligence (AI) models that power popular chatbots like ChatGPT to safeguard the

How dependent is China on US artificial intelligence technology?
Business|Technology

Sony Group, others eyeing buyout of Infocom, Bloomberg News reports

Sony Group and other parties are considering buying online comic store operator Infocom Corp in a deal worth up to 200 billion yen ($1.28 billion), Bloomberg News reported on Thursday

Sony Group, others eyeing buyout of Infocom, Bloomberg News reports
Business|Economy|Technology

Brazil's Eletrobras net income down 19% in Q1; shares fall

Brazilian power giant Eletrobras reported late on Wednesday a first-quarter net profit of 331 million reais ($65 million), down 19% from a year earlier as it resumed transmission

Brazil's Eletrobras net income down 19% in Q1; shares fall
Business|Economy|Technology|Travel

Airbnb slumps as gloomy forecast fans slowdown fears

Airbnb shares tumbled nearly 7% in afternoon trading on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took

Airbnb slumps as gloomy forecast fans slowdown fears
Technology

TikTok to label AI-generated content from OpenAI and elsewhere

TikTok plans to start labelling images and video uploaded to its video-sharing service that have been generated using artificial intelligence, it said on Thursday, using a

TikTok to label AI-generated content from OpenAI and elsewhere

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