Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.
False or misleading US election claims posted on X by Elon Musk have amassed nearly 1.2 billion views this year, a watchdog reported Thursday, highlighting the billionaire's potential influence on the highly polarized White House race.
German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids.
Elon Musk's X sued an advertising group and several large corporations on Tuesday accusing them of causing billions of dollars of losses by "illegally" boycotting the social media platform.
In a 12-page detailed report, it was confirmed that an undetected sensor written into an update for its Falcon software caused the outage impacting 8.5 million Microsoft users globally.
A US judge on Monday handed Google a major legal blow, ruling in a landmark anti-trust case that it has maintained a monopoly with its dominant search engine.
Five US states sent an open letter Monday to Elon Musk, urging him to fix his social media platform X's AI chatbot after it shared misinformation about the upcoming presidential election.
When academic Jathan Sadowski reached for an analogy last year to describe how AI programs decay, he landed on the term "Habsburg AI".
TikTok will permanently remove a feature in a spinoff app in France and Spain that rewards users for watching and liking videos, bowing to pressure from European regulators, the EU and the Chinese-owned company said Monday.
The agency alleged that its account was "report bombed by pro-nuclear groups" to suppress its dissenting views on nuclear energy.
US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial intelligence will fill coffers or drain them.
Meta on Wednesday reported profit of $13.5 billion in the recently ended quarter, beating market expectations and causing its share price to jump.
The European Union's landmark law on artificial intelligence came into force on Thursday, which Brussels vows will drive innovation while protecting citizens' rights.
The Senate inquiry warned that the shutdown could cause widespread disruption to essential services and infrastructure, such as critical medical equipment, fire alarms, EFTPOS machines and waste and water infrastructure.
Researchers have criticised billionaire Elon Musk for promising that his brain implant technology could eventually provide patients with vision superior to normal human sight.
UN member states meet Monday seeking to finalize an international treaty on the fight against cybercrime, a text strongly opposed by an unlikely alliance of human rights groups and big technology companies.
A long-haired sorcerer wearily checked his smartphone as elves and androids bustled past at the digital entertainment expo ChinaJoy on Friday, the crowds a testament to the local gaming industry's tentative recovery after a period on pause.
Mark Zuckerberg, the founder of Facebook and CEO of Meta, has become an unexpected evangelist for open source technology when it comes to developing artificial intelligence, pitting him against OpenAI and Google.
Google-parent Alphabet on Tuesday reported profit and revenue that beat expectations as its AI-amped cloud and search ads businesses thrived.
EU consumer authorities told Facebook owner Meta on Monday to take action to assuage European consumer groups' fears over its new "pay or consent" model or face further action.
Australia's Home Affairs Minister Clare O'Neill said the impact caused by the outage could last "one to two weeks."
Catastrophic computer outages caused by a software update from one company have once again exposed the dangers of global technological dependence on a handful of players, experts warned on Friday.
NAB, Westpac, ANZ, Commonwealth Bank, Bendigo Bank and Suncorp stated their functioning was impacted by the outage.
Identifying each customer and informing them of the hack was not financially viable for the company, MediSecure stated, adding that 6.5 terabytes of data was stolen.
TikTok lost an appeal Wednesday to escape new digital rules that seek to rein in the power of big tech after an EU court rejected its challenge.
Tech billionaire Elon Musk's X platform is misleading users with its blue checkmarks for certified accounts, and is also violating EU content rules, Brussels said Friday, in a finding that could lead to hefty fines.
Japanese eSports gamer Mashiro is blind and often relies on a companion to get around Tokyo -- but he hopes that artificial intelligence, hailed as a promising tool for people with disabilities, can help him travel alone.
Microsoft has ditched plans to take up a non-voting position on the board of ChatGPT maker OpenAI, according to a letter seen by AFP on Wednesday, as regulators step up scrutiny of deals involving AI companies.
Communications Minister Michelle Rowland stated that stocktaking could be an ongoing process. "This I actually think going forward, given the threat level, given the amount of concern over foreign interference, this is may well be something that continues into the future, and rightly so."
Australia has been in the news in recent weeks following the launch of the ASX's first spot Bitcoin ETF, and for an industry expert, the latest development could be a key driver in the country's crypto literacy bid.