In the cryptocurrency world, the collapse of Mt. Gox, a Japanese bitcoin exchange, remains a significant event that took place a decade ago. After a major hack in 2011, which resulted in the loss of up to 950,000 bitcoins, the exchange declared bankruptcy in February 2014. However, after years of waiting, creditors are finally set
Enterprise
Amazon is upping its game in the cloud infrastructure market by doubling the value of credits offered to startups through its AWS Activate program. This move comes as the company faces stiff competition from Microsoft in the realm of artificial intelligence services. With Amazon looking to maintain its position as a leader in the industry,
Artificial intelligence (AI) has the potential to revolutionize the way we interact with technology, but Honor CEO George Zhao emphasizes that this transformation is meaningless without proper data protection for users. In a recent interview with CNBC, Zhao highlighted the importance of safeguarding personal data in AI operations, stating that without data security and user
The Center for Investigative Reporting (CIR), the oldest nonprofit newsroom in the United States, recently filed a lawsuit against OpenAI and Microsoft for alleged copyright infringement. This lawsuit follows similar legal actions from other publications such as The New York Times, Chicago Tribune, and the New York Daily News. The CIR claims that OpenAI copied,
Qatari telecoms provider Ooredoo recently announced a partnership with Nvidia, marking the chipmaker’s first large-scale entry into the Middle East market. This collaboration is set to revolutionize the region’s technological landscape, particularly in the field of artificial intelligence (AI). Compliance with U.S. Regulations One of the key aspects highlighted by Ooredoo is that the partnership
Tesla recently issued two more recalls for its Cybertruck pickups in the U.S. This marks the third and fourth recalls for the electric vehicle, highlighting ongoing challenges faced by the automaker. The recalls involve physical repairs that require customers to schedule appointments with Tesla service. One of the recalls addresses problems with trim pieces that
The European Commission has recently accused Apple of violating new tech rules set forth by the Digital Markets Act (DMA). This breach stems from Apple’s failure to allow customers of its App Store to be directed to alternative options. Specifically, the anti-steering rules outlined in the DMA prohibit tech firms from restricting businesses from informing
China is urging the European Union to reconsider its decision to impose provisional tariffs on Chinese electric vehicles. This comes after discussions were agreed upon between China’s Commerce Minister and the Executive Vice President of the European Commission regarding the EU’s anti-subsidy investigation. Desired Outcome The ideal scenario for China is for the European Commission
The global brand landscape in 2023 is dominated by tech giants like Apple, Microsoft, Amazon, and Google, according to consulting firm Interbrand. These companies not only lead the pack in global brand recognition but also boast of being among the top five most valuable companies worldwide. Nvidia, an emerging player in the tech industry, managed
SoftBank CEO Masayoshi Son recently made a rare public appearance where he delved into the topic of artificial intelligence, specifically focusing on artificial general intelligence (AGI) and artificial super intelligence (ASI). While AGI refers to AI that is one to 10 times smarter than humans and is expected to arrive in the next three-to-five years,
