Latest
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Technology
Video streaming services see downloads, active users drop in April, BofA report shows
(Reuters) - Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed on Monday, citing data from Sensor Tower, likely pressured by heated competition in the segment and an uncertain economic outlook.
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Technology
Tesla lays off more staff in software, service teams, Electrek reports
(Reuters) -Electric-vehicle maker Tesla has laid off staff from the software, service and engineering departments, tech publication Electrek reported on Monday, citing sources familiar with the matter.
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Technology
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet's Google and OpenAI, the Information reported on Monday.
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Technology
Synopsys sells software integrity unit for $2.1 billion to PE group
(Reuters) -Synopsys said on Monday it would sell its software integrity (SIG) unit to a private-equity group led by Clearlake Capital and Francisco Partners in a $2.1 billion deal, as it shifts its focus towards the AI chips market.
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Technology
Robinhood Crypto gets Wells notice from US SEC
(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice from the U.S. Securities and Exchange Commission (SEC) on May 4 over crypto tokens traded on its platform.
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Technology
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
(Reuters) - Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday.
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Technology
Grayscale Bitcoin Trust's shares jump after first inflow since January
(Reuters) -Shares of Grayscale Bitcoin Trust jumped 2.4% on Monday after the exchange-traded fund (ETF) that tracks the price of bitcoin saw its first day of inflow since January.
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Technology
Lamborghini bros no more: Crypto is creating a new wealth effect
A group of researchers tried to quantify it and determined that crypto bonanzas in the US aren’t exactly spent like windfalls from winning the lottery.
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Internet
Amazon driver fatally shoots person trying to steal vehicle at gunpoint, US cops say
Police in Ohio are investigating after they say someone attempted to steal an Amazon delivery vehicle and the driver fatally shot them, news outlets report.
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Cybersecurity
Microsoft ties pay for top bosses to meeting cybersecurity goals
Microsoft Corp announced new anti-hacking initiatives, including basing a portion of senior leaders’ compensation on meeting cybersecurity milestones, following harsh criticism of the company for failing to contain several serious attacks.
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Internet
JPJ: Bjak not authorised to offer road tax renewal services
PETALING JAYA: The Road Transport Department (JPJ) says digital motor insurance platform Bjak Sdn Bhd is not authorised to offer road tax renewal services.
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Social media
TikTok’s boss goes from reserved tech exec to Met Gala chair
Although the Met Gala serves as a branding event for Vogue, it has long accepted sponsorships from the tech giants that have threatened the very survival of legacy media publications.
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Social media
The bystander’s role is changing in the era of livestreaming. North Carolina’s standoff shows how
Saing Chhoeun was locked out of his Charlotte, North Carolina, home on Monday as law enforcement with high-powered rifles descended into his yard and garage, using a car as a shield as they were met with a shower of gunfire from the direction of his neighbor's house.
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AI
Warren Buffett says AI may be better for scammers than society. And he’s seen how
Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become “the growth industry of all time”.
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AI
England women's cricket coach using AI to pick team
England Women's cricket coach Jon Lewis revealed Friday he is using artificial intelligence to aid team selection, saying the technology helped his side square last season's Ashes.
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Social media
Food critic Keith Lee is saving struggling restaurants one TikTok review at a time
Over the past year, thanks to his 16 million followers on TikTok and two million on Instagram, Lee has emerged as one of the most prominent members of a rising class of food influencers who can transform a restaurant with a single video.
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Internet
In the US, scammers are targeting students with fake job offers
Although they are, on average, better qualified than their predecessors, young people often find it difficult to find a job that meets all of their requirements or expectations.
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AI
An AI-controlled fighter jet took the US Air Force leader for a historic ride. What that means for war
With the midday sun blazing, an experimental orange and white F-16 fighter jet launched with a familiar roar that is a hallmark of U.S. airpower. But the aerial combat that followed was unlike any other: This F-16 was controlled by artificial intelligence, not a human pilot. And riding in the front seat was Air Force Secretary Frank Kendall.
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AI
‘Everybody is vulnerable’: Fake US school audio stokes AI alarm
A fabricated audio clip of a US high school principal prompted a torrent of outrage, leaving him battling allegations of racism and anti-Semitism in a case that has sparked new alarm about AI manipulation.
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Smartphones
This annoying habit could be damaging your relationship, experts say
Scrolling on your phone is a habit that's hard to break on a daily basis. But as well as impacting our concentration, it can also affect our relationships, especially when it comes to scrolling at bedtime.