Tech News

Artists fight AI programs that copy their styles

Artists outraged by artificial intelligence that copies in seconds the styles they have sacrificed years to develop are waging battle online and in court.. "The magic word used in the US court system is 'transformative,'" said lawyer and developer Matthew Butterick.

Elon Musk puts Twitter's value at just $20 billion

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.. The compensation plan values the platform at $20 billion, slightly more than that of Snap ($18.2 billion), parent company of Snapchat, or of social network and creative website Pinterest ($18.7 billion), both of which, unlike Twitter, are publicly traded. 

French PM reaches out to opposition ahead of next day of protests

French Prime Minister Elisabeth Borne told AFP Sunday she would meet opposition leaders early next month and was open to talks with unions, after weeks of protests against pensions reforms.. - Opposition pressure - Since becoming prime minister in May of last year, Borne has used the 49.3 11 times.

IMF chief warns risks to financial stability have increased

International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.. "It is also clear that risks to financial stability have increased," she added.

UK politicians caught in sting for lucrative second jobs

A senior British minister on Sunday defended former cabinet colleagues after they were shown negotiating top-dollar rates to work on the side for a fake South Korean consultancy.. He and former health secretary Matt Hancock were shown separately negotiating a daily rate of £10,000 ($12,000) to advise a sham consultancy purportedly based in Seoul that was set up by Led By Donkeys.

EU, Germany reach deal on fossil fuel car phaseout plan

The European Union and Germany on Saturday said they had struck a deal after a dispute over the planned phaseout by 2035 of the sale of cars using fossil fuels.. A landmark deal to prohibit new sales of fossil fuel cars from 2035 is key to the bloc's ambitious plan to become a "climate-neutral" economy by 2050, with net-zero greenhouse gas emissions.

Apple enjoys 'symbiotic' relationship with China, Cook says

Apple enjoys a "symbiotic" relationship with China, CEO Tim Cook said on Saturday, as the iPhone giant looks to move production out of the country.. Cook's visit comes as Apple, the world's biggest company by market value, is trying to move production out of China.

Do Kwon: S. Korea's crypto 'genius' turned disgraced fugitive

Once hailed as a genius, South Korean entrepreneur Do Kwon -- now facing multiple criminal charges over his failed cryptocurrency -- was a brash industry figure whose fame disintegrated into global notoriety.. Yet as recently as March 2022, Kwon was being described in glowing South Korean media reports as a "genius" as thousands of private investors lined up to pour cash into his company.

Threat of US ban surges after TikTok lambasted in Congress

A US ban of Chinese-owned TikTok, the country's most popular social media for young people, seems increasingly inevitable a day after the brutal grilling of its CEO by Washington lawmakers from across the political divide.. They currently trail TikTok, which is the most popular social media in the United States.

After battling back to health, Deutsche Bank faces new turbulence

Storied German lender Deutsche Bank had just been getting back on its feet after years of scandals -- but now faces new turbulence after its shares tanked Friday amid concerns of a widening banking sector crisis.. Still, it has become a focus of investor concern during the latest banking crisis, triggered by turmoil in US regional lenders and the takeover of Credit Suisse.