GameStop, AMC drop after two days of sharp rally on ‘Roaring Kitty’ effect
May 15, 2024 – 6:40 AM PDT (Reuters) – GameStop (GME.N) and AMC (AMC.N) shares slipped in choppy trading on Wednesday, following sharp gains this week after “Roaring Kitty” Keith Gill, credited with sparking the 2021 meme stock frenzy, resurfaced on social media. Advertisement Cinema chain AMC dropped 14.3%, after surging 135% in the past […]
Alphabet debuts beefed-up AI search and chatbot as competition heats up
May 14, 2024 – 12:05 PM PDT MOUNTAIN VIEW, California, May 14 (Reuters) – Google parent Alphabet (GOOGL.O) on Tuesday showed how it is building on artificial intelligence across its businesses, including a beefed-up Gemini chatbot and improvements to its prized search engine as it races to compete with AI rivals. Advertisement The flurry of […]
Musk’s SpaceX is quick to build in Texas, slow to pay its bills
May 13, 2024 – 7:57 AM PDT SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is prepared for a third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. March 13, 2024. REUTERS/Joe Skipper/File Photo (Reuters) – SpaceX is building launch facilities, office buildings and even […]
FBI working towards nabbing Scattered Spider hackers, official says
May 10, 2024 – 4:10 AM PDT SAN FRANCISCO (Reuters) – The U.S. FBI is working towards charging hackers from the aggressive Scattered Spider criminal gang who are largely based in the U.S. and western countries and have breached dozens of American organisations, a senior official said. Advertisement The young hackers grabbed headlines last year […]
TikTok to label AI-generated content from OpenAI and elsewhere
May 9, 2024 – 8:20 AM PDT (Reuters) – TikTok plans to start labelling images and video uploaded to its video-sharing service that have been generated using artificial intelligence, it said on Thursday, using a digital watermark known as Content Credentials. Advertisement Researchers have expressed concern that AI-generated content could be used to interfere with […]
US eyes curbs on China’s access to AI software behind apps like ChatGPT
May 8, 2024 – 3:02 AM PDT (Reuters) – The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China with preliminary plans to place guardrails around the most advanced AI Models, the core software of artificial intelligence systems like ChatGPT, sources said. Advertisement The Commerce […]
In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud
May 8, 2024 – 7:05 AM PDT A Tesla Model 3 vehicle drives on autopilot along the 405 highway in Westminster, California, U.S., March 16, 2022. REUTERS/Mike Blake/File Photo (Reuters) – U.S. prosecutors are examining whether Tesla (TSLA.O) committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three […]
Apple unveils new AI-focused chip in upgraded iPad Pro models
May 7, 2024 – 7:48 AM PDT (Reuters) – Apple (AAPL.O) on Tuesday introduced a new chip called the M4 that it said would outclass personal computers designed for artificial intelligence – but put the new chip in an iPad Pro model rather than a laptop. Advertisement The move is unusual for Apple, which typically […]
Paris 2024 gearing up to face unprecedented cybersecurity threat
May 6, 2024 – 3:08 AM PDT PARIS (Reuters) – Paris 2024 is getting ready to face an unprecedented challenge in terms of cybersecurity, with organisers expecting a huge pressure on the Games this summer. Advertisement Organised crime, activists and states will be the main threats during the July 26-Aug. 11 Olympics and the Aug. […]
Apple shares jump as record buyback, sales growth forecast lure investors
May 3, 2024 – 6:51 AM PDT (Reuters) – Apple shares (AAPL.O) jumped nearly 7% on Friday as the iPhone maker’s record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in China. Advertisement The company late on Thursday approved […]