TECHNOLOGY

Huawei is currently China's fourth-largest smartphone maker

China's Huawei Unveils Triple-folding Phone With Hefty Price Tag

Chinese tech giant Huawei on Tuesday unveiled the world's first triple-folding phone at more than three times the price of the newest iPhone, hours after its US competitor lifted the curtain on its own new handset built for AI. The Mate XT was officially launched in a keynote presentation by Huawei executive Richard Yu at the firm's headquarters in the southern city of Shenzhen.
More news
A California bill seeks to regulate the development of AI models, though critics say the measure can threaten innovation in the nascent field

California Lawmakers Pass AI Safety Bill

A bill aimed at regulating powerful artificial intelligence models passed California's legislature on Wednesday, despite outcry that it could kill the technology it seeks to control.
Mozzi, a goldendoodle, sits near X-ray results processed through 'X Caliber', AI-powered software that is helping veterinarians make quicker diagnoses

South Korean Pet Care Goes High-tech With AI Diagnostics

When five-year-old goldendoodle Mozzi started walking "unnaturally", his concerned owner rushed him to the vet in South Korea, where the problem was diagnosed not by humans but by AI. South Korea, a global leader in the production of chips that power generative AI, has been quick to embrace novel uses of the technology.
A US agency said it won a court order for a $12.7 billion judgment against FTX and affiliate in the wake of the scandal involving former chief Sam Bankman-Fried, shown in December 2022

US Orders FTX, Alameda To Pay $12.7 Bn To Victims

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.
Siemens CEO Roland Busch said the German group was 'benefiting from the boom in artificial intelligence'

Siemens Profits Soar On Software Demand, AI 'Boom'

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 filed an antitrust lawsuit against an advertising group accusing it of engaging in an 'illegal boycott'

Elon Musk's X Sues Advertisers Over Boycott

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.
TikTok Lite arrived in France and Spain in April this year

TikTok, Bowing To EU, Withdraws Rewards Programme

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.
Meta founder and CEO Mark Zuckerberg argues that making the tech giant's AI software open to outside developers helps guard against the technology being limited to powerful companies or nations

Mark Zuckerberg, AI's 'Open Source' Evangelist

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.

Pages