The European Consumer Organisation (BEUC) has joined the chorus of concern about ChatGPT and other artificial intelligence chatbots, calling on EU consumer protection agencies to investigate the technology and the potential harm to individuals. The growing popularity of Microsoft-backed Open AI’s ChatGPT, which can mimic humans and create text and images based on prompts, has spurred […]
Thyssenkrupp said on Monday its chief executive Martina Merz, who launched a major overhaul of the German industrial conglomerate, is leaving, causing shares to plunge. Merz took over as CEO in 2019 after a string of profit warnings and a failed steel merger that brought Thyssenkrupp to the brink of collapse and triggered the sale of […]
Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a person with direct knowledge of the plan and a production memo seen by Reuters. The move would connect Tesla’s biggest and most […]
In Argentina’s mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock a wave of production that could see its output of the key electric vehicle battery metal as much as triple within the next two years. The world’s fourth largest producer of the silvery-white metal sits within the […]
Kenyan police have recovered 58 bodies, mostly from mass graves in a forest in eastern Kenya, thought to be followers of a Christian cult who believed they would go to heaven if they starved themselves, the country’s police chief said on Monday. The death toll, which has repeatedly risen as exhumations have been carried out, […]
Walt Disney Co will begin a second wave of layoffs on Monday involving thousands of jobs, as part of efforts to eliminate 7,000 positions and save $5.5 billion in costs, according to sources familiar with the matter. The company will cut “several thousand” jobs through Thursday, with the latest round of reductions bringing the total number […]
HCLTech, India’s No.3 IT services exporter, on Thursday forecast lower-than-expected revenue growth for the current fiscal due to cuts in discretionary spending and project ramp-downs amid worries of a global recession. HCLTech’s weak outlook followed disappointing earnings from market leader Tata Consultancy Services and No.2 Infosys Ltd’s forecast of single-digit revenue growth this financial year. HCLTech said it […]
The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion) through 2030 to develop advanced battery technologies, including solid-state batteries, the industry ministry said on Thursday. “The joint investment will allow South Korea to start commercial production of solid state batteries ahead of others,” the ministry said […]
Major U.S. crypto exchange Coinbase Global Inc has said it has secured a licence to operate in Bermuda, as part of a wider push to expand globally. Coinbase CEO Brian Armstrong said on Tuesday that crypto firms will develop in “offshore” havens unless the U.S. and UK create “clarity about regulation” for crypto. Regulators and law enforcement agencies […]
U.S. tech giant Apple could double or triple investments in India, along with exports, over the next few years, a minister said, as the company opened a second store in the world’s biggest smartphone market after China. Apple mainly assembles iPhones in India through Taiwan contract manufacturers but plans to expand into iPads and AirPods, as […]
