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Founder of crypto lender Celsius Network pleads not guilty to fraud charges

BY Reuters  • July 14, 2023July 14, 2023
By Luc Cohen and Hannah Lang NEW YORK (Reuters) – Alex Mashinsky, founder and former CEO of bankrupt cryptocurrency lender Celsius Network, pleaded not guilty Thursday to U.S. fraud charges that[...]
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Business Technology Top News Updated

US FTC opens investigation into OpenAI over misleading statements – document

BY Reuters  • July 13, 2023July 13, 2023
(Reuters) -The U.S. Federal Trade Commission has opened an investigation into OpenAI on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the strong[...]
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Business Technology Updated US

Coinbase leads crypto stock gains after Ripple Labs’ legal victory

BY Reuters  • July 13, 2023July 13, 2023
By Chibuike Oguh NEW YORK (Reuters) – Shares of Coinbase Global Inc surged by nearly 25% on Thursday, ahead of other cryptocurrency and blockchain-related companies, following a landmark legal v[...]
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Business Economy Technology US

Microsoft under fire after hacks of US State and Commerce departments

BY Reuters  • July 13, 2023July 13, 2023
By Raphael Satter WASHINGTON (Reuters) – In late June, one of cybersecurity expert Steven Adair’s clients got an alert from Microsoft: one of the client’s employees working on human[...]
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Asia Business Technology Top News Updated US

Open-source AI model creator Nomic raises $17 million led by Coatue

BY Reuters  • July 13, 2023July 13, 2023
(Reuters) – AI startup Nomic has raised $17 million in a new funding round from investors led by Coatue, the companies told Reuters. The investment valued New York-based Nomic AI, a team of four[...]
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Business Economy Technology Updated US

Twitter seeks termination of FTC order over data practices

BY Reuters  • July 13, 2023July 13, 2023
By Sheila Dang (Reuters) – Twitter asked a U.S. court on Thursday to terminate a consent order with the Federal Trade Commission that governed the social media company’s data privacy prote[...]
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Business Economy Europe Technology US

Chinese hackers breached US Commerce chief’s emails; Blinken warns Chinese counterpart

BY Reuters  • July 13, 2023July 13, 2023
By David Shepardson and Christopher Bing WASHINGTON (Reuters) – U.S. Commerce Department Secretary Gina Raimondo was among a group of senior U.S. officials whose emails were hacked earlier this[...]
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Asia Business Politics Technology Top News Updated US

Explainer-Hollywood actors’ strike: How will it hit TV shows and movies?

BY Reuters  • July 13, 2023July 13, 2023
LOS ANGELES (Reuters) – Thousands of Hollywood film and television actors voted to strike on Thursday, joining writers who walked off the job 11 weeks ago. How will a walkout by the Screen Actor[...]
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Business Entertainment and Lifestyle Technology Top News US

Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy

BY Reuters  • July 13, 2023July 13, 2023
By Jane Lanhee Lee and Eduardo Baptista (Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021 was unremarkable except for one detail: The technology it owned, designe[...]
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Asia Business Economy Europe Technology Updated US
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