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TikTok makes AI driven ad tool available globally
TikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered tool for generating marketing clips, becoming the latest platform to let advertisers tap into the technology.... Read more
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'Megaquake' warning hits Japan's growth
Japan's growth slowed in the third quarter after warnings of a major earthquake hit activity, official data showed Friday, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.... Read more
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Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison
A computer expert who stole bitcoin worth billions of dollars at current prices—and then spent years laundering some of the hacked cryptocurrency with help from his wife—was sentenced on Thursday to five years in prison.... Read more
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AI development works better for everyone when its workforce is well looked after
A former CEO and executive chairman of Google, recently suggested that the tech giant's apparent lag in AI development was due to the company prioritizing employees' personal well-being over progress. Eric Schmidt told an audience: "Google decided that work-life balance and going home early and working from home was more... Read more
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Australia will impose a 'digital duty of care' on tech companies to reduce online harm
In an escalation of its battle with big tech, the federal government has announced it plans to impose a "digital duty of care" on tech companies to reduce online harms.... Read more
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Cryptocurrencies are making investors very rich—and making it harder to catch financial scammers
Fraudulent payments—where people are tricked into sending money to criminals—cost consumers £460 million in England and Wales last year. To give consumers more protection, the UK government now plans to give banks 72 hours to delay completion of potentially fraudulent transfers.... Read more
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Volkswagen: the end of a German industrial myth?
In late October 2024, Volkswagen's works council announced that the group's management was considering closing three factories in Germany, which would lead to the loss of tens of thousands of jobs, as well as a general reduction in salaries. On October 30, the group announced a 63.7% fall in third-quarter... Read more
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Elon Musk has turned X into a globally influential media platform—and there's more to come
During the recent United States presidential election campaign, tech billionaire Elon Musk's social media platform X (formerly Twitter) saw record high usage.... Read more
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EU fines Meta $840 million for 'abusive' Facebook ad practices
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.... Read more
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Hotels on Booking.com can offer better rates elsewhere: EU
Hotels listed by online travel giant Booking.com in Europe are now free to offer better rates elsewhere, the European Commission said Thursday as new rules on the platform came into force.... Read more
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Amazon plans to shut down Freevee, its no-cost streaming service
Two years after its launch, Amazon's free ad-supported streaming service Freevee is shutting down, the company confirmed this week.... Read more
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Dating apps move to friend zone in search of profits
Burnt-out love-seekers are shunning dating apps in their millions, but the apps are trying to woo them back with a counter offer: If you don't want a lover, perhaps you just need a friend?... Read more
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Thirty years on from its first paying passengers, Eurostar now has a fresh chance to hit its potential
Three decades ago, the first Eurostar train carrying paying passengers set off from London's Waterloo station for Paris. While many of the headlines on November 14 1994 focused on the historic journey, others speculated about what the tunnel would mean for business and trade. Eurostar was "set to steal the... Read more
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India delivery app Swiggy shares gain on market debut
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit concerns.... Read more
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Tech's green wave hits choppy waters
Tech entrepreneurs have spent years selling the dream that we can save the planet without changing our ways, but the current focus of innovation is dividing experts and investors.... Read more
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Trump victory signals golden era for crypto industry
Donald Trump's triumphant return to the White House signals a potential golden era for cryptocurrencies, whose influential backers heavily supported his presidential bid.... Read more
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Amazon launches an online discount storefront to better compete with Shein and Temu
Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20, an effort to compete with discount retailers that have increasingly encroached on the e-commerce giant's turf.... Read more
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Even handicraft marketplace Etsy needs AI to compete, says CEO
The web platform Etsy is famous for selling cutesy handmade arts and crafts, but even a company that relies on a cottage industry of artisans is increasingly undergirded by artificial intelligence, its CEO told AFP on Tuesday.... Read more
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Energy democracy: Small-scale energy sources could reduce influence of large utility companies
Research published in the journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.... Read more
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Reporting into the void: Research validates victims' doubts about response to phishing reports
The cybersecurity refrain when encountering phishing emails invariably advises: "don't click on that link" and "report that email"—but new research from Drexel University and Arizona State University has revealed a problematic reality: Most major companies do little to support reporting and few take action to shut down phishing sites disguised... Read more
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Tech firms like to make cancelling subscriptions infuriatingly hard, but regulators are starting to crack down
Imagine your favorite author has a new book coming out, and your local bookshop is offering to deliver it to you for free on publication day. All you have to do in return is sign up to their new "reading club".... Read more
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Facebook and Instagram users in Europe can opt for less personalized ads
Facebook and Instagram users in Europe will get the option to see less personalized ads if they don't want to pay for an ad-free subscription, social media company Meta said Tuesday, bowing to pressure from Brussels over privacy and digital competition concerns.... Read more
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NYC's ride-hailing fee failed to ease Manhattan traffic, study reveals
New York City's 2019 ride-hailing surcharge cut overall taxi and ride-share trips by 11% in Manhattan but failed to reduce traffic congestion, a key goal of the policy, according to a new NYU Tandon School of Engineering study published in Transportation Research Part A.... Read more
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Tech sector gathers in Lisbon in shadow of Trump victory
Leading lights of the tech industry met in Lisbon on Tuesday for the Web Summit, the sector's first big event since the US election, with Donald Trump's victory expected to be a key theme of their discussions.... Read more
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Researchers uncover vulnerabilities leading to predatory trading in popular Ethereum cryptocurrency rollups
Ethereum, a decentralized online platform that allows users to conduct financial transactions in Ether cryptocurrency, prides itself on the system's high security.... Read more
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Pharrell Williams kicks off Web Summit tech event
One of Europe's biggest tech events, Web Summit, launched on Monday in Lisbon with pop superstar Pharrell Williams among those taking to the stage.... Read more
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AI startup funding hit a record in the LA area last quarter: Who got the most money?
The Bay Area has long held the title for attracting the most venture capital funding in the nation, and that naturally includes the hot market for artificial intelligence startups. After all, San Francisco is home to some of the most prominent AI players, including ChatGPT maker OpenAI.... Read more
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'Artificial intelligence is not a threat to music,' says researcher
Many artists and creative professionals are concerned that artificial intelligence (AI) will take over more and more tasks. For instance, several major players have already used AI images in advertising campaigns, instead of hiring illustrators.... Read more
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Pharrell Williams to bring star power to Web Summit tech event
Singer Pharrell Williams is due to kick off one of Europe's biggest tech events on Monday, the Web Summit in Lisbon, with organizers keen to move on from last year's edition when several big firms pulled out.... Read more
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This SAP industry center uses artificial intelligence to streamline manufacturing
When Hurricane Helene damaged western North Carolina in September, filling medical facilities with people who couldn't be cared for at home, Jim Polk, a tech executive at Exela Pharmaceutical Sciences in Lenoir, North Carolina, got a call from the Atrium Health hospital group in flooded Asheville. Could his company make... Read more
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What a second Trump presidency could mean for big tech
On election night, as Republican Donald Trump inched closer to reclaiming the U.S. presidency, some tech executives and venture capitalists rejoiced.... Read more
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Tech giants brace for AI revamp, antitrust pullback in Trump's second term
Silicon Valley is bracing for a vastly different relationship with the U.S. government as Donald Trump returns to the White House with promises to undo many of his predecessor's policies, and Elon Musk poised to play an influential role.... Read more
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Nvidia surpasses Apple as world's biggest company
Chip-making giant Nvidia surpassed Apple on Tuesday to become the highest valued company in the world as the artificial intelligence boom continues to excite Wall Street.... Read more
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Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems.... Read more
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As data center industry booms, an English village becomes a battleground
Originally built to store crops from peasant farmers, the Tithe Barn on the edge of the English village of Abbots Langley was converted into homes that preserve its centuries of history. Now, its residents are fighting to stop a development next door that represents the future.... Read more
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Google Maps adds AI features to help users explore and navigate the world around them
Google Maps is heading down a new road steered by artificial intelligence.... Read more
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Siemens acquires AI specialist Altair Engineering
German industrial giant Siemens announced Wednesday it had acquired software specialist Altair Engineering, valuing the US company at around $10 billion, with the aim of strengthening its position in artificial intelligence.... Read more
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Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public company.... Read more
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Transit systems in Kenya demonstrate potential upsides of worker monitoring technologies
For workers in high-income countries like the United States, the prospect of companies using technology to monitor their employees might seem dystopian. But elsewhere, in low-income countries around the globe, the adoption of monitoring technologies could actually lead to broader societal good, in some cases.... Read more
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New algorithm picks fairer shortlist when applicants abound
Cornell researchers developed a more equitable method for choosing top candidates from a large applicant pool in cases where insufficient information makes it hard to choose.... Read more
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Three lessons the west can learn from China's economic approach to AI
AI is already everywhere, ready to change the way we work and play, how we learn and how we are looked after. From hospitality to health care, entertainment to education, AI is transforming the world as we know it.... Read more
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Age assurance online needs to be child rights-respecting, new study says
A range of different age checks is needed to protect children—but also to ensure they can take advantage of positive opportunities online, a new study says.... Read more
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How AI is shaping your next career move
Artificial intelligence can help you write an email or look up an obscure topic, but Macquarie Business School Associate Professor Sarah Bankins says the technology also shapes many decisions we make about our careers.... Read more
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Responsible AI practices help companies create value
Corporate efforts to use artificial intelligence in a more socially responsible way have a surprising benefit—they can often improve product quality, according to a national survey of company officials.... Read more
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Apple launches the iPhone into the AI era with free software update
Apple is releasing a free software update that will inject its first dose of artificial intelligence into its iPhone 16 lineup as the trendsetting company tries to catch up with technology's latest craze.... Read more
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Google Flights introduces new feature to find cheaper airfares
Just in time for the holiday travel frenzy, Google Flights is introducing a new feature designed to help users obtain the lowest airline ticket prices available.... Read more
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Humans and AI: Do they work better together or alone?
The potential of human-AI collaboration has captured our imagination: a future where human creativity and AI's analytical power combine to make critical decisions and solve complex problems. But new research from the MIT Center for Collective Intelligence (CCI) suggests this vision may be much more nuanced than we once thought.... Read more
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Waymo ramps up robotaxi push with $5.6 bn in funding
Waymo on Friday said it raised $5.6 billion from investors to expand a robotaxi program now operating in Los Angeles, Phoenix and San Francisco.... Read more
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Viewpoint: Ensuring that rural communities benefit from the AI revolution
When the pandemic hit, I found myself stuck in a pub in rural Queensland. The undeniably enviable position meant that in between working remotely for an AI company, I was also helping my parents navigate operating their country pub in lockdown.... Read more
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Google urged to step up efforts to demonetize climate falsehoods
Civil society groups implored Google on Thursday to rigorously enforce its policy to demonetize environmental disinformation, saying ads placed alongside climate denial content persistently popped up despite the tech titan's pledge to crack down.... Read more