TECHNOLOGY

AI experts question the U.K.'s ambitious plan to lead the world in global AI safety regulation, saying the rising powers in Asia lack trust in London.

The company reportedly lost 120 million every day as per their FY21 results. The Byju's story might serve as a cautionary tale for other startups and investors, who might now seek more "compliance" from companies.

FTX was once one of the most trusted brands in the cryptocurrency industry, with its co-founder Bankman-Fried even earning the moniker the "golden boy" of crypto. But all the popularity and glory immediately disappeared when FTX filed for bankruptcy last November and skeletons in its closet came out in the open.

The UK government on Thursday hailed a decision by ChatGPT creator OpenAI to open its first office outside the United States in London.

The new version of the decentralized social media app no longer features the "zaps" feature, which Apple considers equivalent to selling digital content.

"He [Friedberg] not only settled the complaints for inflated amounts, in some instances he arranged for the FTX Group to retain the whistleblowers' attorneys post-settlement, thereby buying or otherwise ensuring their silence," the complaint read.

At the current rate of Bitcoin, Microstrategy is sitting on an unrealized profit of approximately $120,209,016.96.

The federal judge said that Bankman-Fried's arguments "are either moot or without merit," underlining that the 31-year-old crypto executive will stand on trial for 13 federal counts on Oct. 2.

Apple is set to debut more upgraded devices this fall, including a new Watch Ultra, the tech company's largest wearable.

Apple told Damus that it can either "revise your app to use in-app purchase to pay for this type of transaction or remove these transactions from your app."

Trading app Robinhood is eliminating around 150 roles after two earlier layoffs that affected approximately 1,000 employees. The brokerage firm faced regulatory challenges in recent months and a system failure in February cost the company millions.

SoftBank-backed IRL, a social messaging app that claimed it had 20 million users, is shutting down after an investigation found only 5% of its users were real people. The startup's CEO was also the subject of a misconduct probe, which led to his suspension and ultimately, his departure from the position.

As early as October last year, Meta threatened to pull news availability for Canadian users, and today, it announced that Facebook and Instagram users in Canada will no longer be able to share news content on the platforms ahead of Bill C-18's enforcement. Google has also opposed the bill, but some industry groups have applauded the government's latest move.

MicroStrategy has always been bullish toward Bitcoin, especially its co-founder and current executive chairman Michael Saylor who is not only a Bitcoin maximalist but also a BTC evangelist.

The lord chief justice of England and Wales suggests using artificial intelligence to speed up the resolution of disputes and "enhance access to justice."

Following earlier small-scale cuts and a bigger workforce reduction in its freight services arm, Uber is reportedly letting 200 recruiters go in ongoing cost-cutting efforts even as it secures new partnerships. The company previously implemented a "more rigorous approach" in employee performance reviews.

Sen. Bernie Sanders has launched an investigation into the alleged poor conditions at Amazon warehouses that were previously pointed out by the OSHA. Sanders said Amazon was "well aware" of the dangers that its employees faced in warehouses but did not take the appropriate measures to protect workers.

OpenAI has been calling for government intervention in regulating artificial intelligence - going as far as recommending an IAEA-like regulatory body for AI, but it turns out the company lobbied European Union officials to score some wins in amendments it wanted on the comprehensive AI Act.

Automatic watches are now statements: classic, iconic statements all the way to statements that are unorthodox and remarkable, and team ATOWAK is going for the

Grab and Olx Group have joined the list of companies that implemented layoffs this month. Grab last slashed its workforce three years back, while Olx Group last reduced its staff in January.

Apple growers in Switzerland are raising concerns over the tech giant's bid to own the intellectual property rights of apple fruit depictions, as they argued that they will have to spend millions if the iPhone maker is granted trademark rights that will force farmers to rebrand or change their group's red apple logo.

When the woman woke up from a nap, her Apple Watch notified that her heart rate was too high, at 178 beats per minute "for too long."

Byju's, which was the subject of an April investigation by India's anti-crime agency, has reportedly laid off up to 1,000 employees in a new round of job cuts that affected a wide of range departments. The company has been accused of aggressive sales tactics and a harsh working environment.

High-profile personalities in the cryptocurrency industry like Binance CEO Changpeng Zhao and Tron's Justin Sun pledged $50,000 and $10,000, respectively, to the volunteer on-chain sleuth's legal defense.

Indian health and wellness startup Mojocare has joined the growing list of Sequoia-backed companies that have been found with irregularities in financial reporting. The company also recently laid off about 80% of its workforce but denied allegations that any money was taken out of the company.

Contrary to the FUD (fears, uncertainties, doubts) making rounds online claiming that Musk does not own any Dogecoin wallet, the tech billionaire said otherwise a few years ago.

Mandiant said the Chinese hackers had sent emails containing malicious file attachments to access their targeted organizations' devices and data.

Google reportedly advised its employees not to input confidential data into its AI chatbot, citing company policies on information security. Alphabet has also reportedly told its artificial intelligence engineers to avoid directly using computer code that chatbots can generate.

Oracle has reportedly cut hundreds of jobs and canceled job offers – one day after the company's stock saw a fifth consecutive hike. One source told Insider that the cuts were implemented largely due to Cerner's issues with the Department of Veterans Affairs over the agency's EHRs.