Britain Outlines Plans To Regulate Crypto Industry Following FTX Collapse

Britain Outlines Plans To Regulate Crypto Industry Following FTX Collapse

Britain’s Prime Minister Rishi Sunak speaks during a question and answer session at Teesside University on January 30, 2023. Oli Scarf | Swimming pool Wpa | Getty Images The UK has officially laid out plans to regulate the cryptocurrency industry, with the government seeking to curb some of the reckless business practices that have emerged … Read more

Opinion: Snap stock lost the one thing it had going for it

Opinion: Snap stock lost the one thing it had going for it

Snap Inc.’s life as a young, high-growth tech stock is over, and its rivals are about to show just how much this change means to Snapchat. “Based on our recent conversations with our partners, it appears that ad demand hasn’t really improved, but it hasn’t worsened significantly either,” said Snap co-founder and chief executive Evan. … Read more

Intel cuts employee and executive salaries amid slowing PC market

Intel cuts employee and executive salaries amid slowing PC market

Jan 31 (Reuters) – Intel Corp (INTC.O) said on Tuesday it had made sweeping pay cuts for employees and executives, a week after the company released lower-than-expected sales guidance in due to a loss of market share to rivals and a slowdown in the PC market. The cuts will range from 5% of base pay … Read more

AMD revenue beats targets, Wall St relieved after Intel’s bleak outlook

AMD revenue beats targets, Wall St relieved after Intel’s bleak outlook

Jan 31 (Reuters) – U.S. chipmaker Advanced Micro Devices Inc (AMD.O) reported revenue above Wall Street targets on Tuesday and said it expected business to improve in the second half, giving excitement investors who saw the company win over rival Intel. The shares rose about 1.5% after hours trading. Although AMD’s predictions lagged behind expectations, … Read more

Google is testing the ChatGPT-like ‘Apprentice Bard’ chatbot with employees

Google is testing the ChatGPT-like ‘Apprentice Bard’ chatbot with employees

A man walks through Google’s offices on January 25, 2023 in New York. Leonard Munoz | Corbis News | Getty Images Google is testing new AI-powered chat products that are likely to influence a future public product launch. They include a new chatbot and a potential way to integrate it into a search engine. The … Read more

US blocks renewal of China’s Huawei export licenses

US blocks renewal of China’s Huawei export licenses

BEIJING (AP) — The Chinese government on Tuesday accused Washington of pursuing “tech hegemony,” as the United States began to step up pressure on tech giant Huawei. by blocking access to US suppliers. The Biden Administration stopped approving license renewals for some US companies that sold key components to the Chinese company, according to two … Read more

ChatGPT maker OpenAI releases tool to detect AI-written text

ChatGPT maker OpenAI releases tool to detect AI-written text

OpenAI CEO Sam Altman walks out of lunch during the Allen & Company Sun Valley Conference on July 6, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images Artificial intelligence research startup OpenAI on Tuesday showed off a tool designed to determine whether text is human-generated or computer-written. The release … Read more

ChatGPT creator deploys ‘flawed’ tool to help teachers spot potential fraud

ChatGPT creator deploys ‘flawed’ tool to help teachers spot potential fraud

CNN — Two months after OpenAI pissed off some educators with the public release of ChatGPT, an AI chatbot that can help students and professionals generate surprisingly compelling essays, the company is unveiling a new tool to help teachers adapt. OpenAI announced on Tuesday a new feature, called “AI Text Classifier”, which allows users to … Read more

US stops granting export licenses to Chinese Huawei – sources

US stops granting export licenses to Chinese Huawei – sources

Jan 30 (Reuters) – The Biden administration has stopped approving licenses allowing U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions on items for 5G and other technologies for several years, but U.S. Commerce Department officials have granted licenses to some … Read more

US seeks Tesla driver assistance documents; the company increases its investment forecast

US seeks Tesla driver assistance documents;  the company increases its investment forecast

WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) said on Tuesday it has received requests from the U.S. Department of Justice for documents related to its fully autonomous driving assistance systems and Autopilot as the regulatory scrutiny intensifies. Reuters reported in October that Tesla was under criminal investigation over allegations that the company’s electric vehicles … Read more