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  • Bank of England handed powers to regulate key tech firms including Amazon and Google

    Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economy The Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers. From Monday,…

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  • Nvidia launches ‘superchip’ putting AI power into laptops and PCs

    Firm says its RTX Spark PC chip for Microsoft Windows will let AI agents replace the mouse and keyboard Business live – latest updates A new front has opened up in the battle for dominance in AI chips, as Nvidia said its latest development could replace the mouse and keyboard in how people use computers.…

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  • Head of Microsoft’s Israel branch to step down after inquiry into dealings with Israeli military

    The inquiry came after the Guardian revealed Israel used company technology to support mass surveillance of Palestinian phone calls The head of Microsoft’s Israeli subsidiary will step down in the wake of an inquiry that has scrutinised its business dealings with the Israeli military. Microsoft ordered the inquiry last year in response to a Guardian…

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  • Starmer adviser held 16 undisclosed meetings with top US tech bosses

    Exclusive: Varun Chandra’s talks with Google, Meta, Apple and others raise fears of ‘lobbying behind closed doors’ An influential government adviser close to Keir Starmer and Rachel Reeves held 16 undisclosed meetings with top US tech executives, the Guardian can reveal. The No 10 business aide Varun Chandra discussed regulatory changes, AI and Donald Trump’s…

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  • Pentagon inks deals with seven AI companies for classified military work

    OpenAI, Google, Nvidia and others agreed to ‘any lawful use’ of their tech. Anthropic, feuding with Pentagon over potential AI misuse, was not included Sign up for the Breaking News US email to get newsletter alerts in your inbox The Pentagon said on Friday it had reached agreements with seven leading artificial intelligence (AI) companies:…

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  • Microsoft and Meta announce large staff reductions as they spend big on AI

    Meta said it would cut 10% of it employees while Microsoft will offer voluntary retirement to about 7% of workers Meta and Microsoft are trimming their workforces by thousands as they make heavy investments in AI and executives claim that the technology is meeting their companies’ productivity needs. Meta told staff on Thursday that on…

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  • US tech firms successfully lobbied EU to keep datacentre emissions secret

    Legally questionable confidentiality clause adopted almost word for word from demands of Microsoft and trade groups Microsoft and other US tech companies successfully lobbied the EU to hide the environmental toll of their datacentres, an investigation has found, with demands to block a database of green metrics from public view written almost word for word…

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  • ‘Irresponsible failure’: Google, Meta, Snap and Microsoft slam EU over child sexual abuse law lapse

    Experts warn lapse could sharply reduce reports of abuse, echoing a 58% drop during a similar legal gap in 2021 Sign up for the Breaking News US email to get newsletter alerts in your inbox The European parliament has blocked the extension of a law that permits big tech firms to scan for child sexual…

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  • AI chatbots point vulnerable social media users to illegal online casinos, analysis shows

    Tech firms condemned for lack of controls with Meta AI and Gemini even offering advice on how to bypass UK gambling and addiction checks AI chatbots are recommending illegal online casinos to vulnerable social media users, putting them at increased risk of fraud, addiction and even suicide. Analysis of five AI products, owned by some…

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  • US tech firms pledge at White House to bear costs of energy for datacenters

    Companies will pay for upgrades and new electricity generation in agreement to mitigate concerns of rising bills Google, Microsoft, Meta, Amazon and several artificial intelligence companies signed a pledge at the White House on Wednesday to bear the cost of new electricity generation to power their datacenters. The agreement is meant to help mitigate concerns…

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