Search results for "ai"

EU opens door to giving aid for semiconductor production

The European Commission said Thursday that it could approve aid to fund production of semiconductors in the 27-nation bloc amid a global chip shortage and intense worldwide competition to fill the need. The EU’s executive arm expects that the scarcity of semiconductors — a key component in everything from smartphones to cars — will last, […]

Australia aims to protect, promote critical technologies

Australian Prime Minister Scott Morrison on Wednesday announced a new plan to protect and promote technologies critical to the national interest, including quantum technologies, in a challenge to China’s emerging dominance in key strategic fields. The initial focus would be on nine critical technologies on a list of 63. The top nine include quantum technologies […]

States file amended lawsuit against Google Advertising Monopoly

A group of U.S. states filed Friday in a New York federal court an amended lawsuit against Google advertising monopoly with allegations of breaking antitrust laws by adopting strongarm strategies to empower its ads business. Alphabet’s unit has been under fire for its affiliated methodologies to heighten its supremacy in the advertising market, with regulatory […]

FBI email system spammed by hackers’ cybersecurity spam alerts

Cybersecurity spam alerts reached Friday and Saturday the Federal Bureau of Investigation’s (FBI) external email servers by unleashing a wave of fake emails addressing a misleading cyberattack warnings to thousands of people and companies. In a statement, the FBI revealed that the spam alerts emitted from its Law Enforcement Enterprise Portal (LEEP) system, utilized for […]

Zain Group’s 5G focus leads to 5% profit growth

Zain Group, accomplished growth in its first three quarters, reaching a 5 percent rise to $450 million, according to the operator’s earnings report. The company highlighted that the noted augmentation in its consolidated net income was essentially derived from the company’s remarkable revenue performance of most of its operations, excluding Zain Iraq, which endured a […]

Twitter will develop a crypto team, explores Blockchain usage

Microblogging company, Twitter Inc., announced on Wednesday its proposals of developing a crypto team to implement the needed measures on the platform to help users earn and accept cryptocurrency payments. Branded as “Twitter Crypto,” the team will look into diversified ways to assist creators in accepting Bitcoin for payments, and different approaches to implementing blockchain […]

Taiwan's TSMC to build first chip plant in Japan amid crunch

Japanese electronics maker Sony and TSMC of Taiwan said Tuesday they plan to jointly build a computer chip plant in Japan with an initial investment of $7 billion. The plant in the southwestern city of Kumamoto will be the first foundry in Japan for TSMC, one of the world’s leading chipmakers. Construction will start next […]

Robinhood hit by data breach exposing users' emails, names

Popular investing app Robinhood said Monday that it suffered a security breach last week where hackers accessed some personal information for roughly 7 million users and demanded a ransom payment. The online trading platform said that it believes no Social Security numbers, bank account numbers or debit-card numbers were exposed and that customers have seen […]

Plenty of pitfalls await Zuckerberg's 'metaverse' plan

When Mark Zuckerberg announced ambitious plans to build the “metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real life and create endless new playgrounds for everyone — he promised that “you’re going to able to do almost anything you can imagine.” That might not be such a great […]