The U.S. and EU pledged on Tuesday to confront any attempts to destabilise global energy markets, after meeting in Brussels to discuss the impact of Russia’s invasion of Ukraine. Cooperation on energy between the United States and the European Union has intensified since Russia slashed gas deliveries to Europe after its invasion of Ukraine last […]
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Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology. The technologist-turned-philanthropist said it would be better to focus on how best to use the developments in AI, as […]
U.S. stock index futures edged higher on Tuesday as some technology and growth stocks rebounded from a selloff in the previous session, while investors awaited key economic data that could determine the Federal Reserve’s monetary tightening path. Tesla Inc rose 1.6% in premarket trading, bouncing back from 6% declines on Monday after disclosing March-quarter deliveries, […]
China’s SenseTime on Tuesday announced plans for a technology discussion day, boosting shares in the artificial intelligence (AI) firm. It promised to showcase its latest products as well as “cutting-edge advancements in artificial intelligence technology” in an invitation sent to analysts and seen by Reuters. Shares in the company, which has been sanctioned by the […]
Chinese regulators have slowed down their merger reviews of several proposed acquisitions by U.S. companies, the Wall Street Journal reported on Tuesday, a move seen as a response to Washington’s curbs on China’s tech industry. The potential slowdown includes deals such as Intel Corp’s $5.2 billion takeover of Tower Semiconductor Ltd and chipmaker MaxLinear Inc’s […]
In this piece, we will explore the idea that the banking crisis of 2008 may have been a carefully planned event by certain actors in the financial and tech industries who saw an opportunity to consolidate their power and influence over the global economy. __________________ The financial and banking crisis in the US had far-reaching […]
A federal jury in San Francisco on Monday ordered Tesla Inc to pay about $3.2 million to a Black former employee after he won a racial harassment lawsuit against the electric-vehicle maker, far less than the $15 million he rejected last year in opting for a new trial. The verdict came after a week-long retrial […]
The U.S. National Institute on Aging (NIA) is funding a 6-year, up to $300 million project to build a massive Alzheimer’s research database that can track the health of Americans for decades and enable researchers to gain new insights on the brain-wasting disease. The NIA, part of the government’s National Institutes of Health (NIH), aims […]
NASA on Monday named the first woman and the first African American ever assigned as astronauts to a lunar mission, introducing them as part of the four-member team chosen to fly on what would be the first crewed voyage around the moon in more than 50 years. Christina Koch, 44, an engineer who already holds […]
The US Department of Defense (DoD) has turned to tech startups to modernize its operations, leading to cutting-edge technologies such as AI, cybersecurity, and unmanned systems. However, concerns have been raised about the implications of such partnerships, particularly in terms of compromising national security and fueling a new arms race with global powers like China […]