Binance executive files new bail appeal on health grounds after detention in country for months amidst money laundering probe
TECHNOLOGY POWERING BUSINESS
Latest Technology News (IT)
Brand Voice
The barbarians at your door. How to identify and defeat the cyberthreats facing your business today
Many of the cyberthreats your business faces are invisible. Learn how to shine a light on these threats and discover how to take action to protect your business
TikTok Parent ByteDance Seeks $9.5bn In Loans
TikTok parent ByteDance seeks landmark $9.5bn in bank loans to refinance existing facility and fund operating expenses amidst expansion
Starlink Refuses To Block X In Brazil
SpaceX's Starlink tells Brazil telecoms regulator it will not block X until bank accounts are unfrozen, amidst legal row
Intel Considers Selling Altera, Splitting Fab Business
Turnaround plan from Intel chief Pat Gelsinger and key executives may include selling off product units or splitting company
China GPU Start-Up Dissolves, Lays Off Staff
Chinese start-up that aimed to develop high-performance GPU designs to compete with Nvidia lays off all staff, dissolves
Honor Tops Samsung In Western Europe Foldables
Honor overtakes Samsung for top spot in Western European foldable smartphone market as region becomes competitive flash point
Brazilian Supreme Court Upholds X Ban
Brazilian Supreme Court justices uphold ban on X amidst row over banned accounts and compliance with court orders
Crypto Executives Plan Kamala Harris Fundraiser
Cryptocurrency investors and industry executives plan fundraiser for vice president Kamala Harris this month amidst hopes for policy shift
Boeing Starliner Set For Uncrewed Return Flight This Week
Troubled Starliner capsule set for remotely guided return to Earth after propulsion issues detected in June crewed launch
Beijing Sets Up $1bn Semiconductor Fund
Beijing municipal government sets up $1bn semiconductor investment fund in China's latest move to boost domestic chip manufacturing
Aricell Chief Arrested Over Massive Battery Plant Fire
Chief executive of South Korea's Aricell arrested after authorities accuse company of security failings leading to fire that killed 23
Iran Government-Backed Hackers ‘Making Cash From Ransomware’
Iran government-backed hackers working with ransomware gangs to exploit hacked organisations for share of profits, FBI warns
RansomHub Gang Breaches More Than 200 Organisations
FBI warns RansomHub ransomware gang growing quickly, with affiliates breaching at least 210 organisations since February
X Shut Down In Brazil Amidst Supreme Court Spat
Social media platform X refuses to comply with Brazil court order to appoint legal representative, risking suspension in country
FAA Grounds SpaceX Falcon 9 Rocket After Landing Failure
SpaceX’s reusable Falcon 9 rocket has been grounded by the FAA, after this week's failed booster platform landing
Apple, Nvidia In Talks To Join OpenAI Funding Round – Report
Big names in AI funding. Apple, Nvidia reportedly in talks to join a funding round in ChatGPT maker OpenAI
Intel To Present Board With Strategic Options – Report
Troubled chip giant Intel is reportedly working with bankers and other advisors to present strategic options to board of directors
OpenAI, Anthropic To Share AI Models With US Government
Deal signed by OpenAI and Anthropic will grant the US AI Safety Institute access to major new models for safety testing
Musk Row With Brazil Continues, As Supreme Court Threatens To Suspend X
Brazil’s Supreme Court threatens to suspend Elon Musk's X, amid ongoing row over outstanding fines and alleged 'censorship'
Google Mulling ‘Hyperscale’ Vietnam Data Centre – Report
Alphabet's Google is reportedly considering building a 'hyperscale' data centre in Southern Vietnam, and opening an office
Intel Questioned By US Senator Over Job Cuts After $20bn Grant, Loans
Intel CEO questioned by republican senator on 15,000 job cuts, after chip giant being awarded $20bn US grant
Shares In Nvidia Fall, Despite Record Profits, Sales
Nvidia announces $50 billion stock buyback after impressive Q2 financials, but shares slip despite strong demand for AI chips
Telegram’s Pavel Durov Charged For Allowing Criminal Activity On App
Consequences of no moderation? French authorities charge Pavel Durov over alleged criminal activities on platform
Google Restarts Gemini AI’s Image Generation Of People
After earlier inaccuracies, Google updates Gemini's AI image-creation model and soon allow users to create images of people
Mike Lynch: Captain Of Bayesian Yacht Declines To Talk
Respected captain of Bayesian yacht faces manslaughter charges, but refuses to answer questions over sinking
HMD Launches ‘Barbie’ Flip Phone To Tackle Smartphone Addiction
Digital detoxing. HMD teams up with Mattel for HMD Barbie flip phone with no mobile browsing or social media
IDC Raises Smartphone Shipment Forecast Amid GenAI Optimism
Global smartphone shipments in 2024 are expected to grow nearly 6 percent according to IDC, as premium handsets embrace AI
Apple Axes Jobs In Digital Services Group – Report
Tech giant Apple reportedly cuts 100 jobs in its digital services group, with sources citing a shift in internal priorities
Nasdaq Seeks Permission For Bitcoin Index Listing Option
SEC approval being sought by Nasdaq to launch and trade options on a bitcoin index, after similar move by NYSE
Klarna Says AI Chatbots Helped Remove 1,200 Positions
Should it be boasting? Klarna says it has hundreds of jobs have been trimmed from workforce thanks to AI chatbots