Intel Is in Talks to Be an Anchor Investor in Chip Designer Arm’s IPO
British chip designer Arm Ltd., backed by SoftBank Group Corp., is in talks with potential strategic investors including
2023-06-13 09:22
Larry Ellison edges past Bill Gates as world's fourth-richest person, Bloomberg says
Oracle founder Larry Ellison is reaping the benefits of artificial intelligence popularity, edging past Microsoft founder Bill Gates to land the number four spot on the Bloomberg Billionaires Index on Monday, according to Bloomberg.
2023-06-13 07:23
US intelligence agencies buy Americans' personal data, new report says
The vast amount of personal data for sale online is an "increasingly powerful" tool for intelligence gathering by US and foreign spying agencies but also represents a privacy risk to ordinary people, according to a newly declassified US intelligence report.
2023-06-13 06:49
Put ‘public good’ at heart of AI and new tech, Starmer to say
Artificial intelligence (AI) and other new technologies could worsen inequality and leave some communities poorer than before if not used for the “public good”, Sir Keir Starmer is set to warn. The Labour leader, who will offer his own vision for how to address fast-paced technological changes at a tech conference on Tuesday, is also expected to question whether the Prime Minister is actually doing enough to make the UK a world leader in AI. Sir Keir, whose appearance at the London Tech Week conference follows Rishi Sunak’s own speech on Monday, will raise the legacy of the de-industrialisation of recent decades to warn that the same mistakes cannot be made again as technology advances. The Labour leader is expected to argue that while the UK has a unique opportunity to lead the world in this area, it will require partnerships with business for the “public good”. This moment calls for Labour values, of working in partnership with business, driving technology to the public good, and ensuring people and places aren't left behind Sir Keir Starmer's expected speech He will say: “Our country is facing a choice about who benefits from the huge disruption that tech will bring. “Will it be those who already hold wealth and power, or will it be the starter firms trying to break in and disrupt the industry, the patients trying to book an appointment with their GP, the worker using technology to enhance and improve their role.” Sir Keir will argue that despite the UK’s success in science and research, a lack of certainty from the Conservatives and a missing industrial strategy are ensuring that the country’s advantages are being wasted. Discussing AI, he is also expected to say: “The question facing our country is who will benefit from this disruption? Will it leave some behind, as happened with de-industrialisation across vast swathes of our country? “Or can it help build a society where everyone is included, and inequalities are narrowed not widened?” “This moment calls for Labour values, of working in partnership with business, driving technology to the public good, and ensuring people and places aren’t left behind. “Labour would take a whole-economy approach, recognising that tech is not just a sector, but every job and every business must become digital if we are to address the UK’s productivity problem. “Diffusing the latest technology across our economy and public services will be as important as supporting the latest unicorns.” Sir Keir will tell the tech industry audience that Labour would make the harnessing of new technologies central to government. “I will harness technology as the great accelerator of our five missions for Government, working in partnership with business to face the future and deliver growth, prosperity and opportunity across the UK,” he will say. “We will form a new agenda on digital skills, through our ‘growth and skills’ levy to ensure people are equipped for the jobs of the future. “Labour’s industrial strategy, combined with good regulation, will secure and create good jobs, and responsible and ethical development of new technology.” Mr Sunak has long been enthusiastic about the opportunities of AI and wants the UK to be home to a global AI regulator. Promoting his planned major summit on the issue in the autumn, Mr Sunak on Monday also warned measures are needed to protect against the “extreme risks” AI could pose. But Labour has accused the Government of already being behind and its white paper on AI already out of date. “I do say to him, it’s all very well having these ambitions, but if they’re not matched with actions at home, we won’t have credibility on the world stage,” Mr Starmer will say. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ukrainian schoolboy to buy home for his mother after selling Minecraft server Legislation needed to protect data from AI ‘ghostbots’, say researchers Banking app feature allows economic abuse survivors to mute malicious messages
2023-06-13 05:49
Political collateral? Oregon GOP walkout on abortion, trans health bill threatens school funds
Funding for schools, literacy programs and special education teachers in Oregon are in possible jeopardy after a nearly six-week Republican walkout has stalled hundreds of bills
2023-06-13 05:26
Reddit down amid major protest
Reddit has stopped working for millions of users around the world. The mass outage comes amid a major boycott from thousands of the site’s administrators, who are protessting new changes to the platform. On 12 June, popular sub-Reddits like r/videos and r/bestof went dark in retaliation to proposed API (Application Programming Interface) charges for third-party app developers. Among the apps impacted by the new pricing is popular iOS app Apollo, which announced last week that it was unable to afford the new costs and would be shutting down. Apollo CEO Christian Selig claimed that Reddit would charge up to $20 million per year in order to operate, prompting the mass protest from Reddit communities. In a Q&A session on Reddit on Friday, the site’s CEO Steve Huffman defended the new pricing. “Some apps such as Apollo, Reddit is Fun, and Sync have decided this pricing doesn’t work for their businesses and will close before pricing goes into effect,” said Mr Huffman, who goes by the Reddit username u/spez. “For the other apps, we will continue talking. We acknowledge that the timeline we gave was tight; we are happy to engage with folks who want to work with us.” In response to the latest outage, one Reddit user wrote on Twitter: “Spez, YOU broke Reddit.” Website health monitor DownDetector registered more than 7,000 outage reports for Reddit on Monday. Some users were greeted with the message: “Something went wrong. Just don’t panic.” Others received an error warning that stated: “Our CDN [content delivery network] was unable to reach our servers.” The Independent has reached out to Reddit for further information about the issues. More to follow. Read More Popular Reddit app Apollo shuts down as site’s users revolt against it Millions of Reddit users face a blackout over pricing revolt Elon Musk refuses to pay Twitter’s Google bill, leaving site in peril Elon Musk refuses to pay Twitter’s Google bill, leaving site in peril Apple’s headset is not the most important thing it announced this week Mark Zuckerberg reveals what he thinks about Apple’s headset – and it’s not good
2023-06-12 23:22
Elon Musk refuses to pay Twitter’s Google bill
Twitter is refusing to stand by a $1 billion contract with Google to use its cloud hosting services, according to reports. Elon Musk’s company is in the process of moving away from Google Cloud before the contract expires on 30 June, Platformer reported, leaving the social media firm’s trust and safety teams in peril. The move appears to be part of radical cost-cutting measures that have been underway since Mr Musk’s takeover of Twitter in October 2022, which has already seen thousands of employees laid off and a reduction in infrastructure spending. The deal with Google Cloud relates to hosting services, which include protecting accounts and fighting spam on Twitter. The effort to move to a different platform is reportedly “running behind schedule”, which could potentially impact Twitter’s ability to detect and remove spam and child sexual abuse material. Twitter did not respond to a request for comment – the company’s PR team was effectively eliminated during the lay-offs – while Google is also yet to respond. A separate report from The Information last month claimed that Twitter also delayed payments to Amazon Web Services. The latest issues come after internal documents revealed that Twitter’s advertising revenue is down by more than half since Mr Musk’s takeover. The company’s main revenue stream was initially hit by advertisers withdrawing over concerns related to the direction of the platform and its leadership, though Mr Musk claimed in April that “almost all advertisers have come back or said they are going to come back”. Twitter’s valuation since Mr Musk bought the company for $44 billion has dropped to around $15 billion, according to estimates from investment firm Fidelity. Newly-appointed Twitter chief executive Linda Yaccarino, who took over from Mr Musk last week, has been tasked with improving relationships with advertisers, while Mr Musk focuses on “overseeing product, software and sysops as the firm’s chief technology officer. Read More Twitter ad sales down by more than half since Elon Musk takeover, report claims
2023-06-12 20:26
xQc reveals real reason for moving to 'temporary' house in Texas: 'It's nothing bad'
xQc explained that while moving is a laborious process, it also helps an individual develop some crucial skill sets
2023-06-12 19:20
xQc calls out his viewers for spewing hatred toward LGBTQ+ community: 'F**king brain-dead'
A Redditor revealed they had received hate and death threats in xQc's chat room for using Trans Pride and Queer Pride emotes
2023-06-12 17:55
Andrew Tate takes dig at women, implies they falsely 'accuse' men of 'human trafficking'
Andrew Tate also targeted Sophie, a women who accused him of abuse, by suggesting she did not exist
2023-06-12 17:49
xQc showcases goalkeeping skills to Zerkaa, leaving Sidemen member in splits: 'Get him the contract'
The two have been informally talking about the possibility of inviting xQc to take part in the next charity football game
2023-06-12 15:16
Andrew Tate's brother Tristan Tate seeks 'chance' to prove innocence in trafficking case encouraged by Harry Garside's acquittal
Tristan Tate wants to use a year's worth of CCTV footage from their house to show 'nobody was harmed or kidnapped'
2023-06-12 14:46