EU police force Europol on Monday warned about the potential misuse of artificial intelligence-powered chatbot ChatGPT in phishing attempts, disinformation and cybercrime, adding to the chorus of concerns ranging from legal to ethical issues. Since its release last year, Microsoft-backed OpenAI’s ChatGPT has set off a tech craze, prompting rivals to launch similar products and […]
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U.S. President Joe Biden on Monday invoked the Defense Production Act to spend $50 million on domestic and Canadian production of printed circuit boards, citing the technology’s importance to national defense. Printed circuit boards are incorporated into missiles and radars, as well as electronics used for energy and healthcare. Without presidential action under the act, […]
Crown Resorts said on Monday a ransomware group had contacted the company, claiming that they had gained access to some files related to Australia’s biggest casino operator following a data breach at a file transfer service GoAnywhere. “We were recently contacted by a ransomware group who claimed they have illegally obtained a limited number of […]
The sale of failed Silicon Valley Bank (SVB) to a regional U.S. peer helped stabilise shares in European lenders on Monday, after the sector was hammered last week by worries about systemic bank stress and a looming credit crunch. The sudden collapse of tech-focused SVB earlier this month triggered the worst banking shock since the […]
A trial kicks off in San Francisco federal court on Monday to determine how much money Tesla Inc must pay to a Black elevator operator who a jury determined was subjected to severe racial harassment while working at the electric auto maker’s flagship assembly plant. The trial is scheduled to last five days. Last year, […]
Lebanon’s caretaker prime minister said the cabinet had voted to move clocks one hour ahead on Wednesday night, reversing his decision to postpone the move to daylight savings by a month that had sparked uproar across the country. Caretaker Prime Minister Najib Mikati said the decision had been taken after a “calm discussion”. Mikati triggered […]
A group of Japan’s ruling Liberal Democratic Party (LDP) lawmakers plans to compile a proposal next month urging the government to ban social networking services such as TikTok if they are used for disinformation campaigns, an LDP lawmaker said on Monday. Many U.S. lawmakers are calling on the Biden administration to ban the popular Chinese-owned […]
Robinhood Inc made an exception to its short position ban for clients who had winning ‘puts’ against failed lender Signature Bank, the Financial Times reported on Thursday. Put options are contracts that give a buyer the right, but no obligation, to sell shares in future. Shares of New York-based Signature have shed nearly 37% in […]
Elon Musk’s brain implant company Neuralink has approached one of the biggest U.S. neurosurgery centers as a potential clinical trials partner as it prepares to test its devices on humans once regulators allow for it, according to six people familiar with the matter. Neuralink has been developing brain implants since 2016 it hopes will eventually […]
A look at the day ahead in U.S. and global markets from Mike Dolan The final week of a turbulent month and volatile quarter for world markets has kicked off with relative stability in the battered banking sector at the heart of the latest upheaval. Two developments on the U.S. side of the banking disturbance […]