By Kanishka Singh and Nandita Bose WASHINGTON (Reuters) – The Chinese government will seek to initiate artificial intelligence regulations in its country, billionaire Elon Musk said on Monday after meeting with officials during his recent trip to China. Musk did not elaborate further and made his remarks in a Twitter Space with Democratic presidential candidate…
By Angus Berwick and Tom Wilson LONDON (Reuters) – On Monday, the U.S. Securities and Exchange Commission took aim at the most powerful man in crypto. The SEC accused Binance founder Changpeng Zhao of operating a “web of deception,” charging him and his exchange with 13 offences. These ranged from allegedly manipulating Binance’s trading volumes…
WASHINGTON (Reuters) -Texas won the latest round in its antitrust lawsuit against Alphabet’s Google on Monday as a U.S. judicial panel ordered the case returned to federal court in Texas. At Google’s request the lawsuit had been moved in August 2021 to a federal court in New York, where other advertising technology cases were being…
WASHINGTON (Reuters) -The White House said on Monday that actions by China in the Taiwan Strait and South China Sea reflect a “growing aggressiveness” by Beijing’s military that raises the risk of an error where someone gets hurt. The U.S. Navy on Sunday released a video of what it called an “unsafe interaction” in the…
By Angus Berwick (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday accused the world’s largest crypto exchange, Binance, and its founder Changpeng Zhao, of operating an “elaborate scheme to evade U.S. federal securities laws.” The SEC charged Binance and Zhao with 13 offences, including operating an unregistered securities exchange and failing to…
By Rachael Levy, Krystal Hu and Marisa Taylor (Reuters) – Elon Musk’s brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago, is now worth around $5 billion based on privately executed stock trades described to Reuters by five sources with knowledge of the matter….
By Sam Tobin and Michael Holden LONDON (Reuters) -Prince Harry is suing a British tabloid publisher to focus attention on alleged unlawful activities and not because of “some vendetta against the press”, his lawyer told London’s High Court on Monday. Harry, King Charles’ younger son, is one of more than 100 high-profile figures suing the…
By Kirsty Needham SYDNEY (Reuters) – China leads research in 19 of 23 technologies set as priorities by the AUKUS defence partnership of Australia, Britain and the U.S., including hypersonics, electronic warfare and undersea drones, highlighting the need for Western allies to pool research results, an Australian security think-tank says. The Australian Strategic Policy Institute…
(Reuters) – Spotify Technology SA said on Monday it would cut 200 jobs from its podcast unit in its second round of layoffs, as the company restructures the business after years of heavy investment. The move affects about 2% of the music-streaming giant’s workforce and aligns Spotify with the likes of Meta Platforms and Roku,…
JERUSALEM (Reuters) – OpenAI is considering investment opportunities in Israel, Microsoft Israel R&D center quoted the company’s CEO, Sam Altman, as saying during a visit to the country on Monday. Microsoft, an OpenAI backer, hosted Altman at its Israel headquarters. (This story has been refiled to add a more specific attribution from Microsoft in paragraph…
