Most global mega-cap stocks continued their slide in October, hit by the rise in U.S. interest rates and

Advanced Micro Devices issues a fourth-quarter revenue forecast shy of expectations, Paycom Software shares tumble on weak guidance, and First Solar raises the low end of its 2023 earnings outlook.

Europe will see mild and wet weather in November, delaying the start of the heating season yet again,

What’s likely to be the hottest year on record brought never-before-seen rain to five continents, killing thousands of

BEIJING Chinese search engine giant Baidu launched on Wednesday a paid version of its ChatGPT-like product Ernie bot,

The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years

Focus on companies with powerful fundamentals. Microsoft offers exposure to two important themes: cloud computing and artificial intelligence.

Tesla will offer a “beast mode version” for its much anticipated Cybertruck once it is rolled out by the end of this year, Elon Musk has said. In his latest interview with Joe Rogan on Tuesday, Mr Musk expressed hope that the “beast mode” version of the vehicle will be able to go from zero to 60 mph in under three seconds. The multibillionaire owner of X/Twitter had earlier said the Cybertruck will also get “performance” and “kicks ass” versions. However, Mr Musk did not elaborate on the other features that will be included in these versions of the electric vehicle (EV). He also reiterated that the Cybertruck, expected to launch in November, will have bulletproof steel panels and an option for people to purchase bulletproof glass. “You can make anything bulletproof if you want, but the glass has to be very thick to be bulletproof, so it can’t go up and down,” Mr Musk said. During the interview, Mr Rogan tried shooting an arrow at the vehicle’s stainless steel body. The projectile caused a small dent on the side of the Cybertruck model. Mr Musk said upcoming demonstrations will show the Cybertruck is bulletproof. The Tesla titan said one demonstration will have the vehicle being shot at with a Tommy gun, a 45mm shotgun and a 9mm gun. “Trucks are supposed to be tough, right?” he said. The bulletproof nature of the truck, dubbed “an armoured personal carrier from the future”, has been the subject of intense hype ever since it was unveiled. Mr Musk’s first demonstration of the toughness of the Cybertruck in 2019 had become a misfire as the window of the vehicle immediately smashed after he invited an audience member to throw a small metal ball at it. “Oh my f***ing god. Well, maybe that was a little too hard. It didn’t go through, so that’s a plus... room for improvement,” Mr Musk exclaimed, later adding on social media that prior testing before the event had compromised the window. “Sledgehammer impact on door cracked base of glass, which is why steel ball didn’t bounce off. Should have done steel ball on window, *then* sledgehammer the door,” the Tesla chief had said. Last month, Mr Musk dampened hopes that the Cybertruck will revive profits for the company in the near future. He announced in an earnings call that it will take at least 18 months for the truck to become profitable. “There will be enormous challenges in reaching volume production with Cybertruck and making the Cybertruck cash flow positive,” the Tesla titan told investors and analysts. “The blood, sweat, and tears that will be required to achieve that is just staggering,” he said. Read More Kamala Harris arrives in the UK ahead of AI safety summit X now valued at $19bn – less than half of what Elon Musk paid for it Elon Musk slammed by Israel for offering to send Starlink to Gaza Elon Musk says X posts with misinformation are ‘ineligible for revenue share’ Twitter adds video calling – and lets strangers ring you Elon Musk was ‘almost in tears’ on Tesla earnings call, analyst claims

By Steve Keating SANTIAGO Chileans celebrated one of their biggest nights of the Pan American Games on Tuesday

By Omar Younis TEMECULA, California (Reuters) -A Southern California wildfire fueled by desert winds burned 2,200 acres (890 hectares) and

After the New Orleans City Council voted to allow the use of facial recognition software to identify criminals more readily and accurately, reports indicate that the technology was ineffective and erroneous. This system went into effect in the summer of 2022, and Politico obtained records of the year’s worth of results. The outlet found that not only was the facial recognition tool vastly incapable of identifying suspects, but it was also disproportionately used on Black people. And from October 2022 to August 2023, almost every facial recognition request regarded a Black suspect. Politico reported that in total, the department made 19 requests. However, two of them were thrown out because police had identified the suspect before the system’s results came back, while two others were rejected because the program’s application didn’t extend to those crimes. So, of the 15 requests made by the New Orleans Police Department, 14 concerned Black suspects, the outlet wrote. On top of this, only six of these requests turned up with matches — and half of those were erroneous — while the remaining nine did not pull up a match. Facial recognition technology has long been controversial. The city of New Orleans previously had banned the use of facial recognition software, which went into effect in 2020 following the death of George Floyd. Then, in 2022, the city reversed course, allowing it to be used. In the wake of the reversal, the ACLU of Louisiana Advocacy Director Chris Kaiser called the new ordinance “deeply flawed.” He not only pointed out research that indicated that “racial and gender bias” affected the program’s accuracy but also highlighted privacy concerns around the data that the program relies on when identifying potential suspects. A previous investigation by The Independent revealed that at least six people around the US have been falsely arrested using facial ID technology; all of them are Black. One such arrest occurred in Louisiana, where the use of facial recognition technology led to the wrongful arrest of a Georgia man for a string of purse thefts. Regardless of the false arrests, at least half of federal law enforcement agencies with officers and a quarter of state and local agencies are using it. At least one council member acknowledged the shortcomings of this technology. “This department hung their hat on this,” New Orleans Councilmember At-Large JP Morrell told Politico. Mr Morrell voted against using facial recognition last year. After seeing the police department’s data and usage, he said the tool is “wholly ineffective and pretty obviously racist.” “The data has pretty much proven that advocates were mostly correct,” Mr Morell continued. “It’s primarily targeted towards African Americans and it doesn’t actually lead to many, if any, arrests.” City councillor Eugene Green, who introduced the measure to lift the ban, holds a different view. He told Politico that he still supports the agency’s use of facial recognition. “If we have it for 10 years and it only solves one crime, but there’s no abuse, then that’s a victory for the citizens of New Orleans.” It is important to note that despite hiccups with the system’s results, the agency’s use has led to any known false arrests. “We needed to have significant accountability on this controversial technology,” council member Helena Moreno, who co-authored the initial ban, told the outlet. New Orleans has a system in place in which the police department is required to provide details of how the tool was used to the City Council on a monthly basis; although Politico disclosed that the department agreed with the council that it could share the data quarterly. When asking about the potential flaws with the facial recognition tool, as outlined by Politico’s reporting, a New Orleans Police Department spokesperson told The Independent that “race and ethnicity are not a determining factor for which images and crimes are suitable for Facial Recognition review. However, a description of the perpetrator, including race, is a logical part of any search for a suspect and is always a criterion in any investigation.” The department spokesperson also emphasised that its investigators do not rely solely on facial recognition, “but it is one of multiple tools that can be used to aid in investigations,” like evidence and/or forensics, adding that officers are trained to conduct “bias-free investigations.” “The lack of arrests in which Facial Recognition Technology was used as a tool, is evidence that NOPD investigators are being thorough in their investigations,” the statement concluded. 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US Vice President Kamala Harris has arrived in the UK ahead of attending Rishi Sunak’s summit focused on the safe use of artificial intelligence (AI). Ms Harris touched down at Stansted Airport on Tuesday evening with her husband Second Gentleman Douglas Emhoff for the summit. She will represent the US at Bletchley Park, near Milton Keynes, on Wednesday and Thursday in place of President Joe Biden. French President Emmanuel Macron will also not be in attendance, whilst Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are also believed to be unlikely to show up. But Downing Street denied on Monday that the summit was being snubbed by world leaders. Elon Musk, the Tesla CEO and owner of the social media site X, will attend and join Mr Sunak for a live interview after the summit closes. The Prime Minister hopes the summit on AI safety will cement the UK’s status as a leading world player in the cutting-edge technology. Mr Sunak also said last week that mitigating the risk of extinction because of AI should be a global priority alongside pandemics and nuclear war. It comes as Mr Biden signed an executive order on AI on Monday, and said the technology was driving change at “warp speed” and carries tremendous potential as well as perils. The order seeks to steer how AI is developed so that companies can profit without putting public safety in jeopardy. Using the Defence Production Act, it requires leading AI developers to share safety test results and other information with the government.