Ericsson says expects $1bn in IP licensing revenues this year after renewing cross-licensing deal with sanctioned Chinese firm Huawei
TECHNOLOGY POWERING BUSINESS
2023
US Treasury Publishes Proposed Crypto Tax Rules
US Treasury Department publishes proposed rules aimed at cracking down on crypto tax evaders while simplifying filing processes
ECB Official Says Banks Must Be Protected In Digital Euro Launch
Spain's deputy central bank governor says European Central Bank must study impact on banks before making final decision on digital euro
Chinese Tech Firms ‘Shut Down’ Livestream Features Amidst Crackdown
Chinese tech giants including NetEase and Tencent said to have shut down lucrative live streaming features amidst gambling crackdown
India ‘Considering’ Tesla Tax Deal To Open Domestic EV Market
Indian government reportedly considering proposal from Tesla that could reduce import duties for EV firms who manufacture locally
Chinese Chip Equipment Maker Sees Profits Surge
Chinese chip manufacturing tool maker AMEC sees profits surge as domestic companies feel bite of US sanctions
Mastercard Ends Binance Card Partnership
Latest blow to crypto giant as Mastercard ends Binance-branded cards in certain regions, following similar move by Visa
Tech Firms Must Now Comply With EU Digital Services Act
DSA arrival. Sweeping new European law must now be obeyed by world's largest tech companies starting this Friday
Donald Trump Returns To Twitter To Post Mugshot
Former US President Donald Trump makes unexpected return to X (formerly Twitter) after his ban from platform
Silicon UK Pulse: Your Tech News Update: Episode 15
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 25/08/2023.
Nvidia Reaps AI Chip Demand As Profit Surges
Quarterly profits at Nvidia rocket up 843 percent, as GPU powerhouse benefits massively from demand for AI chips
Bletchley Park To Host Global AI Safety Summit
Home of the UK's world war two codebreakers and the world's first programmable computer, is to host world's first AI safety summit
Secureworks Discovers Vulnerability In Microsoft Identity Solution
Microsoft rushes fix after Secureworks researchers uncovered a vulnerability in Power Platform (now known as Entra ID)
Microsoft Paint To Get AI Makeover – Report
Software giant continues to sprinkle AI tech across its product portfolio, with Windows 11 and Microsoft Paint set to receive AI treatment
Jury Finds Two Teenagers Were Behind Lapsus$ Crime Spree
Court finds two UK teenagers were part of international cyber-crime gang Lapsus$ that hacked multiple big name tech firms
Apple Endorses California ‘Right to Repair’ Bill
Watershed moment? Apple adds its full support to California's right to repair bill, reversing years of opposition to such legislation
India’s Chandrayaan-3 Lands Successfully On Moon
Exclusive club. India's Chandrayaan-3 becomes the first space mission to land near the south pole of the Moon
Elon Musk To Axe Headlines From News Links On Twitter
Publisher impact, as Elon Musk personally orders removal of headlines in news link articles found on Twitter/X
FTX’s Sam Bankman-Fried Surviving On ‘Bread And Water’
Jail is not agreeing with vegan Sam Bankman-Fried, as lawyers express concern about access to suitable food, medicine in Brooklyn jail
Microsoft Makes Concession To Win UK Activision Approval
Major concession from Microsoft as it seeks to win approval from UK's CMA for $69bn (£54bn) Activision Blizzard acquisition
Canadian PM Trudeau Slams Facebook Amid Wildfire Crisis
Canada’s government continues to turn up the heat against Meta, with Prime Minister Trudeau calling news ban 'inconceivable'
Meta Releases Web Version Of Threads App
Threads, the Mark Zuckerberg alternative to Twitter, has launched a web-based version of the social media app
US Judge Denies Copyright For AI-Generated Artwork
US judge denies copyright to computer scientist for AI-generated artwork, calls human authorship 'bedrock requirement'
UN Study Finds Women Face Disproportionate AI Job Risk
Study from UN's International Labour Organisation finds women in clerical jobs face disproportionate AI job automation risk
China Looks To Expand Computing Power Amidst US Sanctions
China prioritising expansion of core computing capacity as basis for digital economy, say top officials, as US cracks down
Beijing Bans AI-Generated Medical Prescriptions
Beijing municipal health commission bans AI-generated prescriptions as tech industry pushes generative AI for healthcare industry
Southeast Asian Smartphone Users ‘Prefer Budget Models’
Smartphone users in key Southeast Asia market overwhelmingly prefer mid-range and budget models, study finds, as manufacturers look beyond downturn
Wind-Powered Cargo Ship Sets Off On Maiden Voyage
Retrofitted cargo ship with British-designed wind-power sails sets of on six-week voyage as industry looks to reduce carbon emissions
Influential Google Researcher Leaves To Co-Found ‘Sakana AI’
Former Google researcher Llion Jones, co-author of influential paper on machine learning transformers, leaves to co-found Sakana AI in Tokyo
Canada Demands End To Facebook News Ban Amidst Wildfires
Canada's government demands Meta lift news ban on Facebook, Instagram as tens of thousands evacuated in Northwest Territories