The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday. The move is the most dramatic in a series of recent steps by U.S. officials and legislators who have raised fears that TikTok’s U.S. user data […]
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The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday. The move follows the introduction of a new U.S. legislation that would allow the White House to ban TikTok or other foreign-based technologies if they pose […]
The U.S. Copyright Office issued new guidance on Wednesday to clarify when artistic works created with the help of artificial intelligence are copyright eligible. Building on a decision it issued last month rejecting copyrights for images created by the generative AI system Midjourney, the office said copyright protection depends on whether AI’s contributions are “the […]
Microsoft Corp-backed startup OpenAI began the rollout of GPT-4, a powerful artificial intelligence model that succeeds the technology behind the wildly popular ChatGPT. GPT-4 is “multimodal”, which means it can generate content from both image and text prompts. WHAT IS THE DIFFERENCE BETWEEN GPT-4 AND GPT-3.5? GPT-3.5 takes only text prompts, whereas the latest version […]
Russian hackers appear to be preparing a renewed wave of cyber attacks against Ukraine, including a “ransomware-style” threat to organizations serving Ukraine’s supply lines, a research report by Microsoft said on Wednesday. The report, authored by the tech giant’s cyber security research and analysis team, outlines a series of new discoveries about how Russian hackers […]
As SVB Financial Group wrestled with a capital shortfall and the prospect of a downgrade to its credit rating last week, it went to Goldman Sachs Group Inc and worked out an unusual two-part plan, according to people familiar with the discussions. The investment bank would buy a $21.5 billion bond portfolio from SVB to […]
Regulators at the U.S. Federal Deposit Insurance Corp (FDIC) have tapped investment bank Piper Sandler Companies to relaunch the auction of failed lender Silicon Valley Bank, people familiar with the matter said on Wednesday. The development shows how the FDIC is preparing a concerted effort to sell Silicon Valley Bank (SVB) after regulators took it […]
New York-based quantum computer startup SEEQC said on Wednesday it has developed a digital chip that can operate at temperatures colder than outer space so it can be used with quantum processors that are often in cryogenic chambers. Quantum computers, based on quantum physics, have the potential one day to complete some calculations millions of […]
The Biden administration on Wednesday is launching an effort to identify significant wireless spectrum that can be repurposed for advanced technology needs and soaring U.S. wireless demand. The Commerce Department’s National Telecommunications and Information Administration (NTIA) is developing a National Spectrum Strategy with a goal to identify at least 1,500 megahertz of spectrum to study […]
Apple Inc supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics. Foxconn, which assembles around 70% of iPhones, has been diversifying production away from China, whose strict COVID restrictions disrupted its […]