Monthly Archives: February 2024

Indian central bank’s clampdown wipes $2.1 billion off Paytm

Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian financial services firm reels from the clampdown by the central bank. Paytm fell to 487 Indian rupees, or $5.88 within minutes … Continue reading

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Mark Zuckerberg says Meta will ‘keep things lean,’ going big in AI with a lid on hiring

Meta CEO Mark Zuckerberg has no plans for his company to ramp up hiring, but says he’s spending heavily on computing infrastructure and the metaverse.

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Tesla to settle lawsuit over mishandling hazardous waste in California

Tesla will pay a fee of $1.5 million to settle a civil lawsuit alleging the company mishandled hazardous waste and its disposal in the state of California for years.

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China’s Xpeng is bringing its Tesla FSD equivalent to overseas owners

Xpeng, Tesla’s challenger from China, has its eye on the international market and plans to use its smart driving software as a selling point. The Guangzhou-based electric vehicle upstart said at an event this week that it will start developing … Continue reading

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Tesla settles California hazardous waste lawsuit with a $1.5 million fine

Well, that was fast. A settlement has been reached just two days after District Attorneys from 25 California counties filed a lawsuit against Tesla over allegations the automaker repeatedly mishandled hazardous waste at its facilities throughout the state. Tesla has … Continue reading

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UK government urged to adopt more positive outlook for LLMs to avoid missing ‘AI goldrush’

The U.K. government is taking too “narrow” a view of AI safety and risks falling behind in the AI gold rush, according to a report released today. The report, published by the parliamentary House of Lords’ Communications and Digital Committee, … Continue reading

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PlayStation Premium subscribers get Spider-Man 2 trial

The smash hit Insomniac Studios game will be available to Sony’s premium monthly subscription. The news was announced on the Playstation Blog as part of the February unveiling of what is on offer to PS Plus members. The adventures of Miles … Continue reading

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The Sims 5: everything we know about Project Rene so far

The Sims is big business, we spoke about this recently when we looked at the possibility of The Sims 4 coming to Nintendo Switch. In that article, we covered how the current game in the series had been played by … Continue reading

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FBI shuts down Chinese hacker group Volt Typhoon’s Botnet

The FBI has suppressed an attack by Chinese hackers Volt Typhoon group. The concentrated attack focused on routers in an attempt to cripple Cisco and Netgear devices in small businesses and homes. The court-authorized operation prevented reinfection of the routers … Continue reading

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Tim Cook teases Apple AI announcement ‘later this year’

Generative AI started drawing significant attention from technology companies and investors starting in 2022.

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