China’s southern Guangdong province is planning to launch a second phase of a semiconductor fund with a scale of 30 billion yuan ($4.37 billion), state media Securities Times reported on Tuesday. The fund will have a term of 17 years and will invest in auto chips and equipment for semiconductor material, Jin Shenghong, chairman of […]
In recent years, Big Tech companies like Facebook, Google, Amazon, and Apple have faced increasing scrutiny from antitrust watchdogs due to concerns about their market dominance and potentially anti-competitive practices. These companies have amassed vast amounts of data and power, and many argue that they need to be regulated to ensure fair competition and protect […]
Quantum computers promise to be millions of times faster than today’s fastest supercomputers, potentially revolutionizing everything from medical research to the way people solve problems of climate change. The wait for these machines, though, has been long, despite the billions poured into them. But the uncertainty and the dismal stock performance of publicly-listed quantum computer […]
Technology has revolutionized the world and is playing a significant role in the economic development of Africa. With advancements in mobile technology, African countries are embracing technology as a key driver of growth. The accessibility to financial services, e-commerce, and information through mobile technology has brought about positive changes in the lives of millions of […]
Italy’s recent move to ban ChatGPT, a popular chatbot powered by artificial intelligence (AI) developed by Open AI, has sparked a heated debate among European regulators. While some argue that Italy’s ban is driven by concerns over data privacy and compliance with the General Data Protection Regulation (GDPR), others suspect geopolitical factors are at play. […]
The transformative potential of blockchain technology has been compared to that of the internet in the 1990s. Blockchains, like the internet, have the potential to drive dramatic institutional efficiency gains, save billions through reduced operational, financial, legal, and governance costs, create widespread process redundancy, significantly reduce counterparty, and market risk, and reshape the financial market […]
AI systems pose a lot of risks on their own, but they also inadvertently affect other existential risks. Every major tech company is working on its own artificial intelligence (AI) systems. And despite the technology being in its infancy still, it will not stay so for long. In fact, researchers expect our generation to witness […]
Italy’s data protection agency set out a list of demands on Wednesday which it said OpenAI must meet by April 30 to address the agency’s concerns over the ChatGPT chatbot and allow the artificial intelligence service to resume in the country. Almost two weeks ago Microsoft Corp-backed OpenAI took ChatGPT offline in Italy after the […]
South Korea’s top court on Thursday said Alphabet Inc’s Google should disclose whether the technology giant had shared local user information with third parties, news agency Yonhap reported, sending the case back to a lower court. The Supreme Court’s decision came after a group of four plaintiffs filed a lawsuit against Google and its South […]
The dark web, a hidden part of the internet that requires specialized software to access, has become a breeding ground for cybercrime. Dark web marketplaces have proliferated, enabling illegal activities such as the sale of drugs, weapons, stolen data, and hacking tools. These marketplaces have posed significant challenges for law enforcement agencies, as they operate […]
