Tag: fast
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Norway court orders ailing princess’s son to stay in custody
An Oslo appeals court ruled that “there was still a strong likelihood that Hoiby would commit new crimes if he is released,” overturning his bid for release ahead of a verdict on rape and assault charges.
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Oracle beats fourth-quarter revenue estimates amid AI spending worries
June 10 : Oracle reported fourth-quarter revenue that narrowly beat Wall Street expectations on Wednesday, amid growing concerns about its spending and AI-driven disruption to traditional software demand.Shares of the company fell 2 per cent in extended trading, after it said it expects to raise nearly $40 bi
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Microsoft limits employee use of Anthropic’s Claude Fable 5 over data retention concerns, The Verge reports
June 10 : Microsoft is limiting employees’ use of Anthropic’s Claude Fable 5 because of the AI startup’s new data retention requirements, The Verge reported on Wednesday, citing sources.Anthropic on Tuesday said it is rolling out Claude Fable 5, a public version of its Mythos AI model, with guardrails barring
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Most withdrawals from Ares private credit fund came from outside US, CEO says
NEW YORK, June 10 : Most of the requests to withdraw money from a private credit fund for the wealthy run by alternative asset manager Ares came from outside the United States, its CEO said on Wednesday.”We had 11 per cent redemption requests. It was from less than 5 per cent of our investors. It…
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Tesla gets go-ahead to sell self-driving technology in Belgium
BRUSSELS, June 10 : Tesla Full Self-Driving supervised driver assistance software has been authorised in Belgium, Annick De Ridder, the transport minister of Flanders region said on Wednesday in a post on X.”I just signed the approval,” she said in a post on X featuring a picture of an official signed documen
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Oracle awarded US government contract to provide government-wide HR software
WASHINGTON, June 10 : Oracle won a contract to provide an HR platform for agencies across the U.S. government, according to a Trump administration statement.Oracle will provide a cloud-based HR platform to replace agencies’ individual systems, said Office of Personnel Management Director Scott Kupor in a sta
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Exclusive-GM may ditch LFP batteries for future EVs
SAN FRANCISCO, June 10 : General Motors may scrap plans to use a lower-cost, iron-based battery chemistry that many automakers are using to cut electric-vehicle costs, GM’s head of battery technology said. The Detroit automaker had said it planned to develop lithium-iron phosphate, or LFP, batteries for use
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Dutch concern over fitness of goalkeeper Verbruggen
KANSAS CITY, June 10 : The Netherlands have doubts over the fitness of first-choice goalkeeper Bart Verbruggen, injured in their Monday friendly in New York and doubtful for the World Cup opener against Japan on Sunday.Verbruggen fell heavily after being knocked while catching a ball in the 2-1 win over Uzbek
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BYD looking to take over existing factory for second European EV plant, executive says
BERLIN, June 10 : Chinese electric vehicle maker BYD is looking to take over an existing factory in southern Europe for its second assembly plant on the continent, with Spain among the countries on its shortlist, a top executive said on Wednesday.”We would prefer to take over an existing plant,” executive vic
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US shortens cyber fix window to three days as AI threats rise
WASHINGTON, June 10 : The U.S. cyber defense agency said on Wednesday that government officials now have three days to deal with the most serious categories of digital vulnerabilities in their networks, a compressed timeline that is due in part to hackers’ use of artificial intelligence.The deadline, which wa
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