Search results for "IT"

Dollar Retreats as Banking Sector Fears Fade

The U.S. dollar fell against a basket of currencies for a second straight day on Tuesday as easing worries about a banking crisis revived investors’ appetite for riskier currencies. Investors took solace from First Citizens BancShares’ agreement to buy all of failed lender Silicon Valley Bank’s deposits and loans, and the fact that no further […]

EU Regulators Clear Google’s Maths App Deal

 EU antitrust regulators gave unconditional approval for Alphabet unit Google’s acquisition of Croatian maths app Photomath, the European Commission said in a statement on Tuesday. The EU Commission said the deal would not reduce competition in the markets for “online homework and study help tools that include maths as a subject offering and general search […]

MedPaLM, Medical AI: The New WebMD?

Out of all the technological advancements I’ve researched, artificial intelligence (AI) remains my favorite. Seconded by quantum computing, the supercomputer’s jacked cousin. You see, AI and all it entails are a complex network so versatile it fits in literally every industry, including telecommunications and connectivity, law and politics,  and even in the coffee industry. Meet […]

U.S. Agency Opens Probe into 50,000 Tesla Model X Vehicles Over Front Seat Belts

U.S. auto safety regulators said Tuesday they are opening a probe into 50,000 Tesla Model X vehicles after receiving two complaints reporting front seat belt failures. The National Highway Traffic Safety Administration (NHTSA) said the preliminary evaluation covers 2022-2023 model year vehicles over reports of failures of the front seat belt to remain connected to […]

TikTok Represents ‘Strategic’ Challenge, Says Top US Cyber Official

The head of the U.S. National Security Agency’s cybersecurity directorate on Monday said TikTok represents a “strategic issue” rather than an immediate “tactical” threat to the United States. Speaking at a policy conference in Northern California, Rob Joyce, director of cybersecurity for the spy agency, reiterated the agency’s earlier position that the Chinese-owned social networking […]

EU Backs Retaliation Against Economic Coercion

 The European Union has agreed to allow retaliation against countries that put undue economic pressure on EU members to change their policies, such as the trade restrictions the bloc says China has imposed on Lithuania. Representatives of the European Parliament and the Council, the grouping of EU countries, reached a provisional deal on the anti-coercion […]

Insurance and AI Technology Trends: How AI Is Impacting the Insurance Sector and Industry

The insurance industry is undergoing a transformative shift driven by the rapid adoption of artificial intelligence (AI) technologies. The integration of AI into insurance processes is revolutionizing traditional methods, leading to more efficient, accurate, and customer-centric services. Traditionally, the insurance sector relied heavily on human expertise, manual underwriting, and time-consuming claims processing. However, the advent […]

EU Plans Early Carbon Market Auctions from July

The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening. The EU plans to raise 20 billion euros ($21.62 billion) in grants from its carbon market, with 8 billion euros of that […]

Let Me Stop Insuring Carbon Projects 'immediately', NGOs Tell CEOs

A group of climate activists has called on 30 insurance company CEOs to “immediately” stop underwriting new fossil fuel projects in the wake of a stark climate warning from U.N. scientists, a letter, seen by Reuters, showed. Insure our Future, a global consortium of activists, said it sent the letter dated March 21 to companies […]