Latest posts

  • Elon Musk’s $1tn Tesla pay deal to be rejected by huge Norway wealth fund

    Carmaker’s seventh biggest single investor will vote against package at annual shareholder meeting Business live – latest updates Norway’s sovereign wealth fund has said it will vote against a $1tn (£765bn) pay package for the Tesla chief executive, Elon Musk. The fund, which is the biggest national wealth fund in the world, said that while…

    Read more

  • In Grok we don’t trust: academics assess Elon Musk’s AI-powered encyclopedia

    From publishing falsehoods to pushing far-right ideology, Grokipedia gives chatroom comments equal status to research The eminent British historian Sir Richard Evans produced three expert witness reports for the libel trial involving the Holocaust denier David Irving, studied for a doctorate under the supervision of Theodore Zeldin, succeeded David Cannadine as Regius professor of history…

    Read more

  • Ukrainian computer game-style drone attack system goes ‘viral’

    System rewards soldiers who achieve strikes with points that can be used to buy more weapons in an online store A computer game-style drone attack system has gone “viral” among Ukrainian military units and is being extended to reconnaissance, artillery and logistics operations, the nation’s first deputy prime minister, Mykhailo Fedorov, has told the Guardian.…

    Read more

  • Nexperia halts chip supplies to China in threat to global car production

    Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade war Nexperia, the EU-based automotive chipmaker at the centre of a geopolitical dispute, has suspended supplies to its Chinese factory, stepping up a trade war that threatens to halt production at carmakers around the world. The company wrote to customers this…

    Read more

  • Revealed: Israel demanded Google and Amazon use secret ‘wink’ to sidestep legal orders

    The tech giants agreed to extraordinary terms to clinch a lucrative contract with the Israeli government, documents show When Google and Amazon negotiated a major $1.2bn cloud-computing deal in 2021, their customer – the Israeli government – had an unusual demand: agree to use a secret code as part of an arrangement that would become…

    Read more

  • Microsoft reports strong earnings as Azure hit by major outage

    Tech giant reports earnings of $3.72 per share day after deal with OpenAI pushed value of company to more than $4tn Microsoft blew off concerns of overspending on AI on Wednesday, reporting elevated earnings even as it faced an outage of its cloud computing service, Azure, and its office software suite, 365. The strong earnings…

    Read more

  • US and China reach ‘final deal’ on TikTok sale, treasury secretary says

    Scott Bessent said plan was part of framework for trade deal but did not share details on transferring app’s ownership Murdoch, Ellison and China: what we know about the US’s TikTok deal US treasury secretary Scott Bessent claimed on Sunday that the US and China have finalized the details of a deal transferring TikTok’s US…

    Read more

  • AI models may be developing their own ‘survival drive’, researchers say

    Like 2001: A Space Odyssey’s HAL 9000, some AIs seem to resist being turned off and will even sabotage shutdown When HAL 9000, the artificial intelligence supercomputer in Stanley Kubrick’s 2001: A Space Odyssey, works out that the astronauts onboard a mission to Jupiter are planning to shut it down, it plots to kill them…

    Read more

  • Meta found in breach of EU law over ‘ineffective’ complaints system for flagging illegal content

    European Commission initial finding says Facebook and Instagram introduced unnecessary steps for users to submit reports Instagram and Facebook have breached EU law by failing to provide users with simple ways to complain or flag illegal content, including child sexual abuse material and terrorist content, the European Commission has said. In a preliminary finding on…

    Read more

  • Once the AI bubble pops, we’ll all suffer. Could that be better than letting it grow unabated?

    The world will be pushed into a recession, but perhaps we can build something more promising from the pieces The world economy hinges on the success or failure of artificial intelligence. It’s becoming apparent that we are probably doomed either way. Employment growth is stuck and wage growth is slowing, especially among low-paying jobs. Loan…

    Read more