Arkib Tag: Tech

Crypto exchange Binance seeks to slash size of $13 billion UK lawsuit

Crypto exchange Binance seeks to slash size of 13 billion

LONDON (Reuters) -Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10 billion pounds ($12.8 billion) over claims it and other exchanges colluded to “delist” the Bitcoin Satoshi Vision (BSV) cryptocurrency. Binance and exchanges including Kraken are being sued at …

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Onsemi aims to improve AI power efficiency with silicon carbide chips

Onsemi aims to improve AI power efficiency with silicon carbide

(Reuters) – Onsemi on Wednesday unveiled a lineup of chips designed to make the data centers that power artificial intelligence services more energy efficient by borrowing a technology it already sells for electric vehicles. Onsemi is one of a handful of suppliers of chips made of silicon carbide, an alternative …

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Detailed AI rules not on the cards for now, says UK financial watchdog

Detailed AI rules not on the cards for now says

LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) said on Wednesday there would be no rush to introduce detailed rules to regulate the rapidly developing use of artificial intelligence in financial services. The European Union has approved a new law to regulate AI, now being increasingly used in everyday life …

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ASML shares rise on CFO Dassen’s comments on orders

ASML shares rise on CFO Dassens comments on orders

AMSTERDAM (Reuters) – ASML shares rose on Wednesday after a Jefferies analyst report cited comments from CFO Roger Dassen which suggested he was positive about the possibility of orders coming through from top customer TSMC in the coming quarters. An ASML spokesperson confirmed the CFO had spoken at a Jefferies-hosted …

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Hewlett Packard Enterprise surges as AI-server demand powers strong results

Hewlett Packard Enterprise surges as AI server demand powers strong results

(Reuters) – Hewlett Packard Enterprise rose about 14% in premarket trading after the company forecast third-quarter revenue above Wall Street estimates, helped by growing demand for its AI-optimized servers. Server makers are benefiting from robust demand for AI systems provided by companies including HPE, which support power-hungry data centers amid …

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Europe’s fintech funding slowdown dampens mood at Amsterdam event

Europes fintech funding slowdown dampens mood at Amsterdam event

AMSTERDAM (Reuters) – Europe’s fintech industry faces an uncertain future after funding squeezes over the past two years brought lofty pandemic-era ambitions and valuations down to earth, but some are optimistic that lower interest rates will spur a recovery. At a fintech conference in Amsterdam this week, the mood among …

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Community health centers still bogged down by red tape after UnitedHealth hack

Community health centers still bogged down by red tape after

NEW YORK (Reuters) – More than three months after a cyberattack on UnitedHealth Group’s technology unit, some community health centers, which serve 30 million low-income and uninsured patients, are still wading through red tape to receive back payments and struggling with operations issues. Change Healthcare, a unit of the largest …

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‘Life mentor’ girl, 3, adored for mature way of speaking by 4.9 million fans online, prompts debate on raising daughters in China

Life mentor girl 3 adored for mature way of speaking

A three-year-old girl in China who has become famous for her moments of profound wisdom caught on video has sparked a heated debate about whether daughters should be brought up according to traditional values. The girl, who goes by the nickname Niu, lives in Beijing and boasts 4.8 million followers …

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Australia should force Meta to pay for news, News Corp executive says

Australia should force Meta to pay for news News Corp

CANBERRA (Reuters) -Australia should force Meta Platforms to pay news companies for content that appears on Facebook and impose broader regulation on social media firms, a senior News Corp executive said. Meta said in March it would stop paying Australian news publishers for content. The government is now considering whether …

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Former OpenAI employees lead push to protect whistleblowers flagging artificial intelligence risks

Former OpenAI employees lead push to protect whistleblowers flagging artificial

A group of OpenAI’s current and former workers is calling on the ChatGPT-maker and other artificial intelligence companies to protect whistleblowing employees who flag safety risks about AI technology. An open letter published Tuesday asks tech companies to establish stronger whistleblower protections so researchers can raise concerns about the development …

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