Tech

US investors trigger major Wall Street sell-off over recession fears

Posted by August 1, 2024

US investors triggered a major sell-off on Wall Street on Thursday set off by fears that the job market is cooling, manufacturing is slowing and the Federal Res

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New EU AI Act Takes Effect: Here’s How Apple, Meta,…

Posted by August 1, 2024

The European Union’s groundbreaking AI Act, a legislation aimed at regulating artificial intelligence, officially comes into effect today, bringing significan

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World’s first major AI law enters into force — here’s…

Posted by August 1, 2024

The European Union's landmark artificial intelligence law officially enters into force Thursday — and it means tough changes for American technology giants.Th

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US Tech Company May Have Tried to Exhibit Unauthenticated Basquiat…

Posted by July 31, 2024

Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it

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Why a landmark kids online safety bill that just passed…

Posted by July 31, 2024

On Tuesday, the Senate passed a pair of bills that could drastically change how the government regulates tech companies and child safety.The bills, called the K

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ASML shares pop 7% after report that U.S. will exempt…

Posted by July 31, 2024

Shares of ASML jumped as much as 10% on Wednesday after a Reuters report suggested that the company could be exempted from expanded export restrictions on chipm

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Sterlite Technologies introduces optical connectivity portfolio for US market

Posted by July 29, 2024

Last Updated : Jul 29 2024 | 7:31 PM ISTSterlite Technologies (STL) announced the expansion of its Optical Networking capability with the addition of its Opti

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U.S. tech company pulls Olympics ads over ‘mockery of the…

Posted by July 28, 2024

A Mississippi-based telecoms and technology company swiftly pulled its advertising from the 2024 Olympics after drag queens apparently mocked the Last Supper du

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Cleared UK tech tycoon feared he would die in US…

Posted by July 28, 2024

The British tech tycoon Mike Lynch has said he thought he would die in a US jail if he had not been cleared of defrauding Hewlett-Packard over a multibillion-do

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Chinese AI built off open-source code matches American tech in…

Posted by July 27, 2024

As per The New York Times, Chinese firm 01.AI’s Yi-Large Global SOTA LLM, based on open-source technology, scored nearly as well as its American counterparts

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Justice Dept. claims TikTok collected U.S. user views on issues…

Posted by July 27, 2024

In a fresh broadside against one of the world’s most popular technology companies, the Justice Department late Friday accused TikTok of harnessing the capabil

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Apple drops from top 5 smartphone vendors list in China:…

Posted by July 26, 2024

US-based global tech firm Apple dropped from top 5 list of smartphone vendors in China in the second quarter of this year, according to a report by Canalys.The

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