TECHNOLOGY

Meta, which owns Facebook, WhatsApp and Instagram, recently halted plans to harvest data from European users to train its AI models after pressure from privacy regulators

Meta And Spotify Blast EU Decisions On AI

A group of companies including Meta and Spotify blasted the European Union Thursday for its "fragmented and inconsistent" decision-making on data privacy and artificial intelligence (AI).
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Word of more layoffs at the gaming unit of Xbox-maker Microsoft comes as labor organizers promote unionizing to protect jobs

Microsoft Cutting More Jobs From Its Gaming Unit

Microsoft is cutting about 650 more positions from its gaming unit as it continues to tighten its belt following the blockbuster buyout of "Call of Duty" maker Activision Blizzard.
Apple AirPods that have become smartphone-era style statements are now being tuned to help with hearing health as the iPhone maker continues to weave well-being features into its devices

US Says New Apple AirPods Can Be Hearing Aids

Apple on Thursday got a green light from US regulators to add a feature that would let upcoming AirPods Pro ear pieces be used as hearing aids, potentially disrupting that market.
OpenAI CEO Sam Altman hailed the models as "a new paradigm: AI that can do general-purpose complex reasoning"

OpenAI Releases Reasoning AI With Eye On Safety, Accuracy

ChatGPT creator OpenAI on Thursday released a new series of artificial intelligence models designed to spend more time thinking -- in hopes that generative AI chatbots provide more accurate and beneficial responses.
Huawei is currently China's fourth-largest smartphone maker

China's Huawei Unveils Triple-folding Phone With Hefty Price Tag

Chinese tech giant Huawei on Tuesday unveiled the world's first triple-folding phone at more than three times the price of the newest iPhone, hours after its US competitor lifted the curtain on its own new handset built for AI. The Mate XT was officially launched in a keynote presentation by Huawei executive Richard Yu at the firm's headquarters in the southern city of Shenzhen.
Google-parent Alphabet recently reported that revenue from online ad searches climbed to $48.5 billion in the second quarter of this year

Google 'Anti-competitive' Over Online Ad Tech: UK

US tech titan Google employs "anti-competitive practices" with regards to online advertising, Britain's competition watchdog concluded Friday in provisional findings of a two-year long investigation.
Tech giants in the AI race have been spending billions of dollars for GPUs made by Nvidia, considered a leader when it comes to chips that power the technology

Nvidia Says It Plays Fair In AI Chip Market

Nvidia on Tuesday defended its tactics in the hot market for chips to power artificial intelligence in the face of reports the US is probing whether it abused its clout.
Tesla sales are booming in Norway

Norway's Electric Car Sales Set New World Record

Electric car sales in Norway took a 94-percent share of the market in August -- a new world record -- statistics showed Monday, as sales in the rest of Europe stagnate.
A California bill seeks to regulate the development of AI models, though critics say the measure can threaten innovation in the nascent field

California Lawmakers Pass AI Safety Bill

A bill aimed at regulating powerful artificial intelligence models passed California's legislature on Wednesday, despite outcry that it could kill the technology it seeks to control.
Mozzi, a goldendoodle, sits near X-ray results processed through 'X Caliber', AI-powered software that is helping veterinarians make quicker diagnoses

South Korean Pet Care Goes High-tech With AI Diagnostics

When five-year-old goldendoodle Mozzi started walking "unnaturally", his concerned owner rushed him to the vet in South Korea, where the problem was diagnosed not by humans but by AI. South Korea, a global leader in the production of chips that power generative AI, has been quick to embrace novel uses of the technology.
A US agency said it won a court order for a $12.7 billion judgment against FTX and affiliate in the wake of the scandal involving former chief Sam Bankman-Fried, shown in December 2022

US Orders FTX, Alameda To Pay $12.7 Bn To Victims

Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.
Elon Musk is accused of spreading US election misinformation on X, the influential platform he bought in 2022

Musk's Misleading Election Posts Viewed 1.2 Billion Times: Study

False or misleading US election claims posted on X by Elon Musk have amassed nearly 1.2 billion views this year, a watchdog reported Thursday, highlighting the billionaire's potential influence on the highly polarized White House race.
Siemens CEO Roland Busch said the German group was 'benefiting from the boom in artificial intelligence'

Siemens Profits Soar On Software Demand, AI 'Boom'

German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids.
Elon Musk's X filed an antitrust lawsuit against an advertising group accusing it of engaging in an 'illegal boycott'

Elon Musk's X Sues Advertisers Over Boycott

Elon Musk's X sued an advertising group and several large corporations on Tuesday accusing them of causing billions of dollars of losses by "illegally" boycotting the social media platform.
TikTok Lite arrived in France and Spain in April this year

TikTok, Bowing To EU, Withdraws Rewards Programme

TikTok will permanently remove a feature in a spinoff app in France and Spain that rewards users for watching and liking videos, bowing to pressure from European regulators, the EU and the Chinese-owned company said Monday.

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