Search results for "ai risks"

Microsoft’s Power Apps leaks data from 47 companies, report finds

Microsoft’s Power Apps platform exposed 38 million records of critical personal data of 47 organizations due to “platform issues,” a report by U.S.-based information security company, UpGuard revealed on Monday. UpGuard’s research team disclosed various data breaches caused by Microsoft’s Power Apps platform, granting public access leading to the latest trail of data exposure. Leaked […]

PUBG maker share prices drop 20% on IPO debut

South Korean developer of Player Unknown’s Battlegrounds’ (PUBG), Krafton, initial public offering recorded a 20 percent drop on Tuesday following a crackdown due to a state-led media attack on the gaming industry.   This is considered the biggest initial decline of a South Korean IPO after LG Philips LCD collapse in the same market 17 years ago. Krafton’s loss came after it reduced its IPO target by more than 10 percent last month following regulatory demands […]

South Korea to release Samsung scion on parole

South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of the country’s previous president. The announcement Monday by the Justice Ministry, which came with a year left […]

Anti-Vaxxers app gets booted off Apple’s AppStore

As the world is reaching closer to achieving herd immunity, disinformation and vocal resistance from anti-vaxxers has been stronger than ever. However, their momentum is battling a strong opposition.  The battle against disinformation has been taken up by Apple, who booted an app called “Unjected” from its App Store on Saturday; a platform that regards itself as a safe community […]

Asia stocks advance, tech giants rally after Fed report

Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data security enforcement against the industry. Tokyo’s Nikkei 225 gained 0.4% to 27,687.28, while the Kospi in South […]

Bitcoin rises above $30,000 as Tesla chief likely to welcome it back

Bitcoin rises back after witnessing another slump, surging past $30,000 today according to Coindesk.  Once again, Elon Musk is behind the intense jump in value, as he reiterated his backing of Bitcoin during a panel held on Wednesday.  The Tesla chief, who has been extremely vocal in the past about the environmental risks of Bitcoin mining, has confirmed during the “B Word” cryptocurrency conference that he will most likely resume accepting Bitcoin.  “I […]

Ericsson’s shares on the rise despite Chinese pressure

Ericson reported on Tuesday a grow in its organic sales of eight percent of its market value as Geopolitical tensions grow between the Swedish company and the world’s second largest economy, following the company’s warning of its deteriorating market share in China. The telecoms vendor – one of Huawei’s biggest competitors – announced that both […]

UAE Central Bank looks to launch digital currency

The UAE’s Central Bank announced on Monday plans to rollout a new digital currency in accordance with its monetary 2023-2026 strategy, according to the state-run WAM news agency.   However, while the report surfaced for a short period of time, the state-run news agency had pulled it from its platform for unknown reasons.   In preparation for the digital […]

France Fines Google €500 mil, as CEO warns of an attack on the internet

France’s Competition Authority slapped on Tuesday one of the biggest fines in the tech world against Google. The Authority found that the search engine failed to negotiate with other media organizations regarding the utilization of their content under EU copyright reforms.  As a result, the internet giant is facing a 500-million-euro ($593 million) fine. The Competition Authority also stated on their website that they requested Google to provide media publishers with “an […]

QAnon has receded from social media -- but it's just hiding

On the face of it, you might think that the QAnon conspiracy has largely disappeared from big social media sites. But that’s not quite the case. True, you’re much less likely to find popular QAnon catchphrases like “great awakening,” “the storm” or “trust the plan” on Facebook these days. Facebook and Twitter have removed tens […]