Israel aims to be 'AI superpower', advance autonomous warfare
JERUSALEM Israel aims to parlay its technological prowess to become an artificial intelligence "superpower", the Defence Ministry director-general
2023-05-22 20:46
Micron expects Chinese ban to affect revenue up to high-single digits
Micron Technology Inc expects China's ban on company's infrastructure chips to impact revenue in the low-single to high-single
2023-05-22 20:30
New Twitter boss says ‘game on’ over Instagram clone rumours
The incoming head of Twitter has said she is ready to take on Instagram’s rumoured rival to the text-based app. Linda Yaccarino, who is set to take over as chief executive of the social media platform at the end of June, shared her reaction to the anticipated Twitter clone, tweeting: “Game on!” Instagram’s parent company Meta reportedly shared details about its plan for a microblogging app with creators last week, claiming that it would be partially integrated with Instagram. Leaked details suggest the as-yet unnamed app, codenamed P92 or Barcelona, will be decentralised and could work with Twitter’s rival Mastodon. “We’re exploring a standalone decentralised social network for sharing text updates,” Meta said in a statement to Money Control. “We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests.” Social media consultant Matt Navarra claimed that it would launch this summer, and that Instagram’s billion-plus users around the world would be able to keep their username, followers, and verification on the new app. He added that Meta is targetting “film and television actors, producers, writers, directors, showrunners, athletes, and comedians” to join the new platform. Elon Musk revealed Ms Yaccarino as his successor earlier this month, saying that she will focus primarily on business operations, while he continues to oversee “product design and new technology”. Together, they plan to transform Twitter into “the everything app”, which is expected to have similar functionality to China’s WeChat. Stretching beyond social media, Mr Musk’s X app could support shopping, news, mobile payments, and other services like booking restaurants and ordering taxis. “WeChat has a lot of functionality that Twitter should have,” he said during a Twitter Spaces session last year, just one month after acquiring the company in a deal worth $44 billion. The tech billionaire has also committed to making Twitter the “digital town square”, while acting as “an accelerant” to the X app. Read More Linda Yaccarino: How Elon Musk may have hired his biggest critic to head Twitter Google to delete Gmail and Photos accounts in huge purge Elon Musk calls working from home ‘morally wrong’ Sky Mobile hit by massive outage
2023-05-22 19:15
Meta hit with record €1.2 billion fine
Meta will be forced to pay a record €1.2 billion fine over claims it abused its users’ data. The Irish Data Protection Commission said that Meta had broken the EU’s data protection rules by moving data between Europe and the US. It had failed to protect European users from having their data used under US law when it did so, regulators said. It will now be fined €1.2 billion, as well as being required to delete the Facebook data or move it back into Europe. That fine is easily a record under the EU’s General Data Protection Regulations, or GDPR. The previous record was held by Amazon – which was fine €746 million by regulators in Luxembourg – though the four biggest fines after that have been paid by Meta as part of data issues at Facebook, Instagram and WhatsApp. Meta called the fine “unjustified and unnecessary”, and said that it would appeal the ruling. It also said that there would be no immediate disruption to the way Facebook works. The company has repeatedly threatened that new limits on how data is transferred to the US could cause it to shut down Facebook and Instagram in Europe. Meta said in response to the new ruling that it will be able to continue to operate as it does today if a new data agreement between the EU and US is able to come into effect. Previously, data sharing between the US and Europe was governed by a framework called the “Privacy Shield”, which allowed that data to flow if US companies showed they were using proper data protections. In 2020, however, that was scrapped after the European Court of Justice said that it was not properly protecting data. Since then, lawmakers have been working on a new deal, known as the Trans-Atlantic Data Privacy Framework, though that is yet to go into effect. But lawmakers have indicated that it should be ready by October, when the deadline for Meta to delete the Facebook data at the heart of the fine is up. Read More Instagram back online after hours of global outages Instagram experiencing global outages Solar panel efficiency to increase 50% with first ‘miracle’ tandem cells
2023-05-22 17:51
Meta slapped with record $1.3 billion EU data privacy fine
Meta has been fined a record-breaking €1.2 billion ($1.3 billion) by European regulators for transferring data belonging to Facebook's EU users to servers in the United States.
2023-05-22 17:47
Meta Fined Record €1.2 Billion in EU Over US Data Transfers
Facebook owner Meta Platforms Inc. was hit by a record €1.2 billion ($1.3 billion) European Union privacy fine
2023-05-22 17:20
A Rare Shift in Crypto Volatility Offers Ether a Boost Relative to Bitcoin
Volatility gauges suggest traders expect smaller near-term swings in Ether compared with Bitcoin, a reversal of the usual
2023-05-22 14:59
China imposes sales restrictions on Micron as it escalates tech battle with Washington
China has banned Chinese companies working on key infrastructure projects from buying products from US semiconductor manufacturer Micron, in a major escalation of an ongoing battle between the world's top two economies over access to crucial technology.
2023-05-22 13:29
Analysis-Regulators dust off rule books to tackle generative AI like ChatGPT
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM As the race to develop more powerful artificial intelligence services like
2023-05-22 13:27
What to stream this week: 'American Born Chinese,' John Wick,'SmartLess On the Road' and dinosaurs
This week’s new entertainment releases include an album from Matchbox Twenty, dinosaurs coming to life in the second season of “Prehistoric Planet” on Apple TV+ and the action-comedy series “American Born Chinese” on Disney+ with new Oscar winners Ke Huy Quan and Michele Yeoh
2023-05-22 12:27
Instagram back online after hours of global outages
Instagram was restored online after experiencing global outages, the social media company said. Down Detector, a website that tracks outages, reported 56,628 reports at around 11pm on Sunday. The Down Detector location map showed the outages spread across the UK with reports of outages coming from the US and Australia as well. Instagram said at 1.19am on Monday that the issue which had caused the outage had been resolved. The photo and video networking service appeared to be online again before 1am with reports of the outages dropping to less than 500 by 1:.. According to Down Detector, 92% of the outages were on the app, 6% via the website and 2% on the login. Users could not refresh their feed or post during the outages. It came after Instagram experienced an outage on March 9 where thousands of users reported similar issues.
2023-05-22 09:18
Instagram Suffers Brief Outage Affecting Hundred of Thousands
Instagram, the popular photo-sharing app owned by Meta Platforms Inc., appeared to suffer an outage Sunday evening in
2023-05-22 08:58