Main Street investors are facing off against Wall Street in an attempt to sway the U.S. Securities and Exchange Commission in its proposed revamp of stock trading. Individuals coordinating online have flooded the SEC with more than 1,300 comment letters, mostly voicing their support, on rules the regulator proposed in December that represent the biggest […]
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The top U.S. markets regulator is set to unveil a new effort to control how broker-dealers and others tackle the risk of hacking and respond to theft of customer data, continuing a regulatory drive on cybersecurity in the financial sector. The Securities and Exchange Commission’s five members are due to vote March 15 on issuing […]
Australian nuclear submarines are key to defending the country’s 36,000 kilometres of coastline and maintaining an edge against China, whose growing military presence means conflict can erupt without notice, defence officials and government advisers said. The shift from Australia’s diesel-electric fleet to nuclear-powered subs brings additional range, stealth and strike capability – crucial capabilities given […]
Groq, a Silicon Valley chip startup founded by a former Alphabet Inc engineer, said on Thursday it has adapted technology similar to the underpinnings of the wildly popular ChatGPT to run on its chips. Groq modified LLaMA, a large language model released last month by Facebook parent Meta Platforms Inc that can be used to […]
Bytedance’s TikTok Inc persuaded a federal jury in Los Angeles on Thursday that its Stitch feature does not violate trademark rights belonging to British video-editing company Stitch Editing Ltd. The jury rejected Stitch Editing’s argument that TikTok confuses consumers by using the Stitch name to brand the popular social-media platform’s technology for “stitching” videos together. […]
China’s government could use TikTok to control data on millions of American users, FBI Director Christopher Wray told a U.S. Senate hearing on Wednesday, saying the Chinese-owned video app “screams” of security concerns. Wray told a Senate Intelligence Committee hearing on worldwide threats to U.S. security that the Chinese government could also use TikTok to […]
EU businesses can get as much government funding as from a U.S. green energy subsidy package, under looser European Commission rules announced on Thursday aimed at keeping them in Europe. The rules target investments in renewable energy, decarbonising industry, hydrogen or zero-emission vehicles in a bid to counter the lure of the U.S. Inflation Reduction […]
The United States and India will sign a memorandum of understanding on semiconductors as both countries discuss coordination of investment and continue dialogue around policies to spur private investment, U.S. Commerce Secretary Gina Raimondo said on Thursday. Raimondo, who is on a four-day trip to India, is accompanied by the chief executive officers of 10 […]
Shares of crypto-focused companies fell on Thursday in premarket trading after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX’s implosion last year reverberates through the industry. Analysts said a complete closure of the crypto lender could take one or two years depending on how quickly outstanding […]
Millions of Telkom customers can now easily and safely pay their phone bills, recharge and buy new service bundles in WhatsApp. REDWOOD CITY, United States of America, March 9, 2023: Clickatell, the Chat Commerce and business messaging leader, has launched their Chat 2 Pay feature for South Africa’s largest integrated communications company, Telkom. Telkom’s millions […]