Tech News

Fox faces stain of 'disinformation engine' despite settlement

Fox News averted a potentially humiliating defamation trial after a last-minute settlement Tuesday, but it took a reputational beating that observers said was unlikely to spur the influential broadcaster to tame its "disinformation engine.". While Fox News wriggled out of what was expected to be an explosive trial, analysts said the settlement was a rare example that showed there could be a heavy price for blatant disinformation -- even for once-untouchable media giants.

Wed, Apr 19, 2023 3 mins read

Tech News

Soaring inflation dampens Eid holiday spirit in crisis-hit Pakistan

The holiday that marks the end of the Muslim fasting month of Ramadan used to be a guaranteed earner for Pakistan's small shops and businesses -- a big-spending week that could match the take from the rest of the year.. Major shopping districts across the country usually see a surge in spending in the week leading up to the holiday, which begins with the sighting of the new moon, expected this weekend.

Tue, Apr 18, 2023 3 mins read

Tech News

Asian markets down after lacklustre session on Wall Street

Asian markets opened mostly down on Wednesday following a tepid lead from Wall Street, with traders trying to assess the Federal Reserve's next moves in the fight against inflation.. On Wall Street, Bank of America rose on higher profits but Goldman Sachs was hit by a slowdown in corporate mergers.

Tue, Apr 18, 2023 2 mins read

Tech News

'Stamp of approval': Twitter's Musk amplifies misinformation

Elon Musk promised to make Twitter the "most accurate source of information about the world," but he has repeatedly used his own account to amplify false claims from some of the most notorious disinformers on the internet, according to an AFP analysis of his online activity.. Musk has repeatedly amplified posts from sources such as the pro-Donald Trump page "Catturd," the anti-LGBTQ account "Libs of TikTok" and the conspiratorial website ZeroHedge.

Tue, Apr 18, 2023 3 mins read

Tech News

AI-generated song imitating Drake yanked from streaming services

A new song created using AI software to imitate Canadian singers Drake and The Weeknd has been removed from streaming services after quickly racking up millions of listens and sparking debate over the new technology.. With streaming services moving quickly to take down the most recent viral song, UMG told AFP on Tuesday it was "encouraged by the engagement of our platform partners on these issues -- as they recognize they need to be part of the solution."

Tue, Apr 18, 2023 2 mins read

Tech News

Netflix subscribers at record high, password crackdown coming

Netflix on Tuesday said that its number of subscribers hit a record high 232.5 million in the first quarter of the year and that its nascent ad-supported tier was faring well.. Market tracker Insider Intelligence forecast that Netflix will bring in $770 million in ad revenue from the new tier this year, and that revenue figure will top $1 billion next year.

Tue, Apr 18, 2023 2 mins read

Tech News

Musk touts new moderation policy to reassure advertisers

Twitter head Elon Musk on Tuesday attempted to reassure wary advertisers by hyping up the site's newly introduced content moderation policy against hateful material. . "It's totally cool to say that you want to have your advertisement appear in certain places in Twitter and not in other places," Musk said Tuesday.

Tue, Apr 18, 2023 2 mins read

Tech News

United Airlines reports Q1 loss but bullish on summer

United Airlines reported a quarterly loss on Tuesday but offered a bullish summer outlook in light of travel demand that it said still shows no sign of ebbing.. Still, United Chief Executive Scott Kirby echoed comments from rival Delta Air Lines in touting a still-strong travel market as it eyes a busy summer travel season.

Tue, Apr 18, 2023 0 mins read

Tech News

Southwest Airlines temporarily halts US departures on tech issue

Southwest Airlines temporarily grounded all US flights Tuesday due to a technology problem, delaying more than 1,700 departures and hitting its share price.. The problem has delayed 1,728 flights, according to tracking service FlightAware.

Tue, Apr 18, 2023 1 mins read

Tech News

Italy says ChatGPT can be back if it makes 'useful' changes

The head of Italy's privacy watchdog was hopeful Tuesday that OpenAI would adjust its AI chatbot so it could be back online in the country at the end of April.. Italy's watchdog temporarily blocked ChatGPT at the end of March over data privacy concerns, becoming the first Western country to take action against the popular artificial intelligence (AI) chatbot.

Tue, Apr 18, 2023 1 mins read