AFP
13875 articles published since 08 Mar 2022
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US securities regulator sues cryptocurrency platform Coinbase
US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities exchange venue exposed investors to risk. In the absence of congressional action, the US regulator has stepped up its oversight of cryptocurrency, an approach that Coinbase slammed on Tuesday.
Apple lays down the gauntlet to the metaverse
Tech giant Apple has unveiled its first major product in more than seven years, a mixed-reality headset that might just deliver a terminal blow to the "metaverse". Meta's Reality Labs, the division helming its metaverse effort, has lost $4 billion so far and company chief Mark Zuckerberg has been increasingly talking up artificial intelligence rather than the metaverse.
S.Africa skirts recession with surprise first quarter growth
South Africa's economy grew slightly in the first three months of the year, shooing away fears of recession hanging over Africa's most industrialised country, official data showed Tuesday.
Deezer to detect AI-generated music clones
Music streaming app Deezer said Tuesday it was launching a tool to detect and tag songs with AI-generated vocal clones in a bid to protect the revenues of the real artists. But Deezer said it plans to identify AI-generated music, focusing initially on those which recreate the voices of existing artists.
Finland's nuclear catacombs nearly ready to house waste
Deep within the bedrock in western Finland, flashing lights from heavy machinery cast shadows in eerie tunnels that lead to a tomb that must remain unperturbed for millennia. But the long-term storage problem has cast a shadow on nuclear projects.
Crisis-hit UK business lobby faces survival vote
Britain's scandal-hit business lobby group, the CBI, faces a vote crucial to its survival Tuesday, with members urged to back reform under new leadership after allegations of sexual harassment by staff. The scandal comes as UK business looks for leadership during a cost-of-living crisis, with the country's elevated inflation cooling more slowly than expected.
Taiwanese chip giant TSMC says industry could have 'stabilising' effect
Taiwanese semiconductor giant TSMC said Tuesday its production of ever-smaller microchips will remain on the island, hopeful that the critical industry will have a "stabilising effect on global geopolitical conflicts". "I hope Taiwan's semiconductor industry can do well to have a stabilising effect on global geopolitical conflict."
Asian markets struggle to kick on after rally, with eyes on Fed
Asian markets wobbled Tuesday after a two-day rally as profit-takers stepped in and traders weighed the chances of the Federal Reserve skipping an interest rate hike this month. In early trade, Asian markets were mixed.
Musk says China detailed plans to regulate AI
Top Chinese officials told Elon Musk about plans to launch new regulations on artificial intelligence on his recent trip to the Asian giant, the tech billionaire said Monday, in his first comments on the two-day visit.
AFP
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