Under the auspices of Prime Minister Mohammad Shia al-Sudani, Iraq’s ministry of electricity on Thursday signed a memorandum of understanding (MoU) with the US General Electric (GE) company on developing the energy sector in the country. A statement by al-Sudani’s bureau said that the deal includes agreements on boosting power …
Read More »Ford announces mass layoffs in Europe
Ford has announced that one in nine of its European employees will be cut, following the company’s aggressive electrification plan. Earlier this year, German union representatives first sounded the alarm about possible job cuts from Ford Europe, estimating roughly 2,500 employees would be cut on the continent, with the majority …
Read More »Microsoft Set to Roll Out AI-Powered Docs, PowerPoint, Outlook Apps
Microsoft will reportedly demo how its new AI tech, similar to ChatGPT, works in Word, PowerPoint, and Outlook in March. Microsoft is reportedly set to roll out its new AI tech, similar to ChatGPT, across Word, PowerPoint, and Outlook in March. According to The Verge’s Tom Warren, the company is …
Read More »US allies join export curbs on China – AP
Japan and the Netherlands have reportedly bowed to pressure from Washington on tighter supply controls for microchips The United States has agreed a deal with Japan and the Netherlands to restrict China’s access to materials used to make advanced computer chips, the Associated Press reported on Monday, citing sources. According …
Read More »Egypt’s parliament discusses banning TikTok
The Egyptian Senate is preparing to discuss banning TikTok in Egypt and other similar applications that fail to meet the nation’s safety policies and standards. The Egyptian Senate’s move to ban the application came after many lawsuits were filed before the Egyptian courts calling to ban TikTok from the Internet …
Read More »Samsung Galaxy S23 specs leak: Massive batteries, powerful cameras
Samsung’s Galaxy S23 series of flagship smartphones isn’t coming until Feb. 1, but all the secrets about the upcoming phones have been revealed, thanks to a series of pretty convincing leaks. First, we have WinFuture’s spec sheets (via Android Police) of the Samsung Galaxy S23 and Samsung Galaxy S23 Plus. …
Read More »Twitter wants to lure back advertisers with free ads – WSJ
Many brands suspended campaigns on the platform after Elon Musk’s takeover Twitter is offering free ad space to brands that run advertising campaigns on the platform, the Wall Street Journal reported on Friday, citing company emails. According to the report, Twitter will match the funds brands spend on their ads, …
Read More »Bitcoin climbs above $20,000 first time in over two months
Bitcoin rose on Saturday above $20,000 for first time in over two months. Bitcoin, the world’s biggest and best-known cryptocurrency, rose 4.6% to $20,853 at 01:01 GMT on Saturday, adding $922 to its previous close. The cryptocurrency is up 26.4% from the year’s low of $16,496 on January 1. Ether …
Read More »Microsoft in talks to invest $10 bln in ChatGPT-owner OpenAI, Semafor reports
Microsoft Corp is in talks to invest $10 billion in ChatGPT-owner OpenAI as part of the funding that will value the firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter. The news underscores the rising interest in the artificial intelligence company, whose chatbot has dazzled …
Read More »Israeli-led spyware industry further exposed, becoming unruly: NYT
An NYT report reveals that the Drug Enforcement Administration is covertly using a hacking tool developed by the Israeli firm Paragon. Despite US President Joe Biden’s administration taking a public stance last year against the misuse of spyware to target human rights activists, dissidents, and journalists, the global industry for …
Read More »Google launches new anti-misinformation project in India
Google’s Jigsaw subsidiary is launching a new anti-misinformation project in India, aimed at preventing misleading information that has been blamed for inciting violence, a top executive said. The initiative will use “prebunking” videos – designed to counter false claims before they become widespread – circulated on the company’s YouTube platform …
Read More »Rolls-Royce tests hydrogen-powered jet engine in ‘new world first’
Rolls-Royce Holdings PLC has hailed a test run of the world’s first hydrogen-powered jet engine as a “new aviation milestone”, suggesting a large step has been made towards the decarbonization of the aviation industry. In partnership with EasyJet PLC, Rolls-Royce ran a converted regional aircraft engine fuelled by green hydrogen, …
Read More »US Bans the Use of Chinese Companies Huawei, ZTE Telecom Equipment Sales
The U.S. government said it is banning telecommunications and video surveillance equipment from several prominent Chinese brands in an effort to protect the nation’s communications network. The Federal Communications Commission (FCC) voted unanimously on Friday to expand its ban on the sale and import of Chinese technology from firms that …
Read More »Cyber attacks expected to rise over Black Friday weekend
Digital criminal gangs are expected to ramp up their activities against e-commerce companies over the weekend with Black Friday retail bargains attracting shoppers, a fraud and identity expert said. There are several different methods for fraud, mostly by using stolen card information to commit Card Not Present (CNP) fraud against …
Read More »Twitter hit with mass resignations after Elon Musk’s ‘hardcore’ ultimatum
Hundreds of Twitter Inc employees are estimated to have decided to quit the beleaguered social media company following a Thursday deadline from new owner Elon Musk that staffers sign up for “long hours at high intensity,” or leave. The departures highlight the reluctance of some of Twitter’s 3,000 or so …
Read More »Elon Musk demands Twitter staff commit to ‘long hours’ or leave
The companywide ultimatum, sent around midnight in San Francisco time, comes after Musk has already fired key Twitter executives and laid off half of Twitter’s full-time employees. New Twitter CEO and sole director Elon Musk sent a companywide email to remaining employees of the social media business on Wednesday, demanding …
Read More »Facebook parent Meta is preparing large-scale layoffs this week: Report
Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday. Meta declined to comment on the WSJ report. Facebook parent Meta …
Read More »Big Tech collaborates with US establishment in censoring social media: Report
A US media report has revealed that the Washington establishment and social media platforms are in collaboration with one another to censor what is referred by them to as online “misinformation”. The Intercept reported on Monday that the US Big Tech firms, namely, Alphabet (Google), Amazon, Apple, Meta (Facebook) and Microsoft, collaborated …
Read More »Twitter chaos as Elon Musk fires entire board and celebrities take aim at Tesla mogul
The billionaire is currently the sole director of the social media giant and has vowed to make changes Tesla and SpaceX CEO Elon Musk has dissolved Twitter’s entire board of directors following his buyout of the social media giant, legal documents filed with financial regulators on Monday show. Musk reportedly …
Read More »Australia’s Medibank says data of 4 mln customers accessed by hacker
Medibank Private Ltd, Australia’s biggest health insurer, said on Wednesday a cyber hack had compromised the data of all of its nearly 4 million customers, as it warned of a A$25 million to A$35 million ($16 million to $22.3 million) hit to first-half earnings. It said on Wednesday that all …
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