Tag: tech
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Trump’s tech ties blamed for AI inaction by MAGA Republicans and Democrats
WASHINGTON, Aug 6 : In a rare show of bipartisanship, Democrats and Donald Trump’s conservative supporters both blame the president’s ties to the tech industry for his administration’s limited response to recent hacks carried out by OpenAI and Anthropic’s AI agents.Two weeks have passed since OpenAI shocked t
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Asian stocks mostly down with tech firms back under pressure
HONG KONG: Most Asian markets sank on Thursday (Aug 6) with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over
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Rabobank to spend €2 billion in AI and tech as net profit stagnates
Aug 4 : Dutch bank Rabobank said it would invest €2 billion ($2.30 billion) over the next three years in data, tech and AI, as banks around the world step up their AI investments.• “Artificial intelligence, data and other new technologies will further transform the way we work. To take full advantage of t
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EU aims to build AI gigafactories of its own
The EU has unveiled a plan to raise state and private funds to hyperscale AI capabilities and gain independence from non-European governments. The plan calls for the construction of seven new sites across the bloc.
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Trump vows to investigate EU over fining of US tech companies
The US president says fines against Google, as well as Apple, Meta and Amazon, should be “entirely reversed.”
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TikTok charged with breaching EU tech rules on online safety for kids, EU says
BRUSSELS, July 24 : ByteDance’s social media platform TikTok has been charged with breaching EU online content rules due to design features which could expose children to predators or cyberbullying, EU regulators said on Friday, putting the company at risk of a hefty fine.The charges, called preliminary findi
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Google fined €890m by EU for favouring its own apps over rivals
It is the first major enforcement action against the tech giant under the EU’s new digital rules.
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US citizens are ramping up pressure on data centers
Rapid data center construction across the US, fueled by AI, comes with serious threats to the environment, public health and energy supply. Local opposition has blocked or delayed dozens of projects.
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‘Let’s enjoy the ride’ says Elon Musk, as AI risk concerns mount
Talking to The Economist, Musk said he doesn’t care if people hate him and said he was not a racist.
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Garmin launches Cirqa, its first screen-free fitness tracker with up to 10 days of battery life
The screen-free wearable tracks sleep, recovery, heart rate and more than 80 activities without requiring a smartwatch display or subscription. It’s priced at S$279 in Singapore.
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