Wealth Growth Daily

Technology

AI explosion merits regulation to rein in threats, experts say

BY Reuters  • July 13, 2023July 13, 2023
By Sheila Dang AUSTIN (Reuters) – Rapid advancements in artificial intelligence have the potential to exacerbate societal problems and even pose an existential threat to human life, increasing t[...]
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Business Technology Updated

Meta to contest EU antitrust charges at July 13 hearing

BY Reuters  • July 13, 2023July 13, 2023
By Foo Yun Chee BRUSSELS (Reuters) – Facebook owner Meta will contest EU antitrust charges at a closed hearing on Thursday in a bid to stave off a possible hefty fine after regulators charged it[...]
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Business Economy Europe Technology Updated US

Global investors relieved by China tech rebound, but not convinced yet

BY Reuters  • July 12, 2023July 12, 2023
By Xie Yu and Summer Zhen HONG KONG (Reuters) -Rather than spur a relief rally in China’s battered tech sector, the past week’s developments at Jack Ma-founded Ant Group have merely remind[...]
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Asia Business Economy Technology Updated

ViaSat-3 Americas satellite faces deployment issue

BY Reuters  • July 12, 2023July 12, 2023
(Reuters) – Viasat said on Wednesday there was an anomaly during the deployment of its ViaSat-3 Americas satellite in space which may affect the performance of the satellite, sending the company[...]
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Business Science Technology US

Crypto ransom attacks rise in first half of 2023 – Chainalysis

BY Reuters  • July 12, 2023July 12, 2023
By Elizabeth Howcroft LONDON (Reuters) – Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-bigge[...]
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Business Economy Technology Updated

Crypto firm Circle to cut workforce, focus on core activities

BY Reuters  • July 12, 2023July 12, 2023
(Reuters) – Circle said on Wednesday it has reduced staff and ended investments in non-core activities as the stablecoin issuer seeks to shore up its balance sheet. The company joins a list of c[...]
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Business Technology US

Countries agree to extend digital services tax freeze through 2024

BY Reuters  • July 12, 2023July 12, 2023
PARIS (Reuters) -With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for at least another year as a global multinationals tax deal to replace them[...]
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Business Economy Europe Technology Updated

Twitter owes ex-employees $500 million in severance, lawsuit claims

BY Reuters  • July 12, 2023July 12, 2023
By Daniel Wiessner (Reuters) – Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were laid[...]
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Business Economy Europe Technology Updated US

Roblox beta comes to Meta’s Quest VR headsets

BY Reuters  • July 12, 2023July 12, 2023
(Reuters) – Roblox Corp’s eponymous online game will soon be available on Meta Platforms’ Quest virtual reality (VR) headsets, according to a blog post by Meta on Wednesday. The game[...]
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Business Technology US
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