U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates.…
more ...U.S. Regulator Seizes First Republic Bank, to Sell Assets to JP Morgan
The California Department of Financial Protection and Innovation said Monday it had closed First Republic Bank and agreed a deal to sell its assets to JPMorgan Chase & Co and…
more ...EU Tech Tsar Vestager Sees Political Agreement on AI Law This Year
The European Union is likely to reach a political agreement this year that will pave the way for the world’s first major artificial intelligence (AI) law, the bloc’s tech regulation…
more ...First Republic Auction Underway, with Deal Expected by Sunday
U.S. regulators are trying to clinch a sale of First Republic Bank over the weekend, with roughly half a dozen banks bidding, sources said on Saturday, in what is likely…
more ...Food Prices Fall on World Markets But Not on Kitchen Tables
A restaurant on the outskirts of Nairobi skimps on the size of its chapatis — a flaky, chewy Kenyan flatbread — to save on cooking oil. Cash-strapped Pakistanis reluctantly go…
more ...Disney Sues DeSantis, Claiming Unlawful Retaliation
Florida Governor Ron DeSantis’ very public feud with the Walt Disney Co. entered a new phase this week, when the entertainment conglomerate filed a lawsuit claiming that the governor and…
more ...Fed Faults Silicon Valley Bank Execs, Itself in Bank Failure
The Federal Reserve blamed last month’s collapse of Silicon Valley Bank on poor management, watered-down regulations and lax oversight by its own staffers, and it said the industry needs stricter…
more ...Artificial Intelligence Can Create, But Lacks Creativity, Say Critics
Artificial intelligence, or AI, could potentially transform arts and entertainment, from music to movies, but it is also raising concerns. Is AI a creative tool or a threat to creators…
more ...UK Blocks Microsoft-Activision Gaming Deal, Biggest in Tech
British antitrust regulators on Wednesday blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history over worries that it would stifle competition…
more ...Study Details Differences Between Deep Interiors of Mars and Earth
Mars is Earth’s next-door neighbor in the solar system — two rocky worlds with differences down to their very core, literally. A new study based on seismic data obtained by…
more ...Moon Shot: Japan Firm to Attempt Historic Lunar Landing
A Japanese space start-up will attempt Tuesday to become the first private company to put a lander on the Moon. If all goes to plan, ispace’s Hakuto-R Mission 1 lander…
more ...SpaceX Wins Approval to Add Fifth U.S. Rocket Launch Site
The U.S. Space Force said on Monday that Elon Musk’s SpaceX was granted approval to lease a second rocket launch complex at a military base in California, setting the space…
more ...Twitter Changes Stoke Russian, Chinese Propaganda Surge
Twitter accounts operated by authoritarian governments in Russia, China and Iran are benefiting from recent changes at the social media company, researchers said Monday, making it easier for them to…
more ...Writer, Adviser, Poet, Bot: How ChatGPT Could Transform Politics
The AI bot ChatGPT has passed exams, written poetry, and deployed in newsrooms, and now politicians are seeking it out — but experts are warning against rapid uptake of a…
more ...Greece Welcomes Return of Chinese Travelers
With the peak tourism season setting in, Greece is bracing for a record number of arrivals and is welcoming back Chinese tourists. The warm feelings follow a period of discontent…
more ...German Government, Unions Reach Pay Deal for Public Workers
German government officials and labor unions have reached a pay deal for more than 2.5 million public-sector workers, ending a lengthy dispute and heading off the possibility of disruptive all-out…
more ...US Invests in Alternative Solar Tech, More Solar for Renters
The Biden administration announced more than $80 million in funding Thursday in a push to produce more solar panels in the U.S., make solar energy available to more people, and…
more ...Did the AI-Generated Drake Song Breach Copyright?
A viral AI-generated song imitating Drake and The Weeknd was pulled from streaming services this week, but did it breach copyright as claimed by record label Universal? Created by someone…
more ...US-China Competition in Tech Expands to AI Regulations
Competition between the U.S. and China in artificial intelligence has expanded into a race to design and implement comprehensive AI regulations. The efforts to come up with rules to ensure…
more ...US Targeting China, Artificial Intelligence Threats
U.S. homeland security officials are launching what they describe as two urgent initiatives to combat growing threats from China and expanding dangers from ever more capable, and potentially malicious, artificial…
more ...Twitter Drops Government-Funded Media Labels
Twitter has removed labels describing global media organizations as government-funded or state-affiliated, a move that comes after the Elon Musk-owned platform started stripping blue verification checkmarks from accounts that don’t…
more ...TikTok CEO Tries to Ease Critics’ Security Concerns
The CEO of TikTok tried to calm critics’ fears about the security of his company’s app during an appearance Thursday. Shou Chew was asked at a TED2023 Possibility conference if he…
more ...Good, Bad of Artificial Intelligence Discussed at TED Conference
While artificial intelligence, or AI, is not new, the speed at which the technology is developing and its implications for societies are, for many, a cause for wonder and alarm.…
more ...Twitter Begins Removing Blue Checks From Users Who Don’t Pay
This time it’s for real. Many of Twitter’s high-profile users are losing the blue check marks that helped verify their identities and distinguish them from impostors on the Elon Musk-owned…
more ...SpaceX Giant Rocket Explodes Minutes After Launch from Texas
SpaceX’s giant new rocket blasted off on its first test flight Thursday but exploded minutes after rising from the launch pad and crashed into the Gulf of Mexico. Elon Musk’s…
more ...Panama’s Geisha Coffee Fetches $100 a Cup
People worldwide have long been paying more for a premium cup of coffee. But what about a cost of over $100 for a cup? From Panama City, Panama, Oscar Sulbarán…
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