The dollar remained subdued in Asian trade on Thursday after weakening overnight as cooler-than-anticipated U.S. inflation data stoked expectations that the Federal Reserve’s monetary tightening will end next month with one last interest rate hike. The dollar index, which measures the currency against six major peers, slid 0.6% overnight and was threatening to touch a […]
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South Korea’s top court on Thursday said Alphabet Inc’s Google should disclose whether the technology giant had shared local user information with third parties, news agency Yonhap reported, sending the case back to a lower court. The Supreme Court’s decision came after a group of four plaintiffs filed a lawsuit against Google and its South […]
Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet? Both OpenAI’s ChatGPT and Google’s Bard are dominating headlines recently, for their generative capabilities and vast storehouses of information. Each has far more […]
Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday. The company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said. Apple did not immediately […]
The dark web, a hidden part of the internet that requires specialized software to access, has become a breeding ground for cybercrime. Dark web marketplaces have proliferated, enabling illegal activities such as the sale of drugs, weapons, stolen data, and hacking tools. These marketplaces have posed significant challenges for law enforcement agencies, as they operate […]
U.S. industrial conglomerate Emerson Electric Co on Wednesday agreed to buy National Instruments Corp for $8.2 billion, capping a nearly yearlong pursuit of the measurement equipment maker. The $60-per-share cash offer represents a premium of nearly 50% to National Instruments’ closing price on Jan. 12, the day before it announced a strategic review. Austin, Texas-based […]
TikTok issues have been the talk of the world lately, especially data privacy and children’s rights violations. Lately, numerous countries are banning TikTok citing security concerns. It comes down to two main reasons: data privacy and the lack of protection for children and minors. The application has 1.534 billion users out of which 1 billion […]
Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a U.S. bankruptcy court hearing in Delaware. FTX attorney Andy Dietderich said the company is starting to think about its future after months of […]
The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulatory agency’s privacy probe of Twitter, the panel said on Wednesday. In a statement, the committee said its Chairman Jim Jordan and others had asked FTC Chair Lina Khan for information about the probe following […]
Zambia is planning to finish tests that simulate real-world cryptocurrency usage by the end of June to help it create regulations that balance citizens’ safety with innovation, science and technology minister Felix Mutati told Reuters. The southern African country also needs digital infrastructure, including digital identities, before cryptocurrencies can be introduced, Mutati said in an […]