Tech News

On climate, most corporations more talk than action

The world's biggest and richest companies are failing to deliver on their climate pledges, according to an in-depth analysis released Monday that calls on governments to crack down on corporate greenwashing.. "The overwhelming majority of these corporations are simply not delivering the goods they promised," the 2023 Corporate Climate Responsibility Monitor concluded. 

Seizing Russian assets is easier said than done

The idea is seductively simple: the West should turn over billions of dollars of frozen Russian assets to Ukraine to fund reconstruction.. After the Kremlin's invasion of Ukraine last February, unprecedented economic sanctions against Moscow saw an estimated $350 billion in state assets, foreign reserves and oligarch property frozen by Western banks and officials.

At New York Fashion Week, Proenza Schouler offers function, less fantasy

US fashion label Proenza Schouler on Saturday presented a low-key, functional collection, without its past conceptual showiness, as the brand marks its 20th anniversary at New York Fashion Week.. Long an avant-garde and conceptual label, Proenza Schouler has evolved in recent years to build a more pragmatic wardrobe.

Sexting chatbot ban points to looming battle over AI rules

Users of the Replika "virtual companion" just wanted company.. Replika was trained on an in-house version of a GPT-3 model borrowed from OpenAI, the company behind the ChatGPT bot, which uses vast troves of data from the internet in algorithms that then generate unique responses to user queries.

Super Bowl 2023 ad pageant: Beer is in, crypto is out

After a starring role in last year's Super Bowl broadcast, cryptocurrency firms are expected to sit out the 2023 game.. - Beer bash - Last year's game featured several prominent spots on the emerging cryptocurrency market, led by the then-titan FTX and its founder Samuel Bankman-Fried.

Reviewers rave for 'Hogwarts Legacy' video game despite backlash

The highly anticipated video game "Hogwarts Legacy" was met with largely positive reviews after its release Friday, despite some gameplay quibbles and the controversy that has dogged the Wizarding World's original creator.. Writing at tech website Wired, game reviewer Jaina Grey, who is a transgender woman and former "Potter" fan, called the gameplay "dated" and "lifeless." 

Balenciaga designer apologises for 'child abuse' ads

Balenciaga's creative director Demna has apologised for an ad campaign that appeared to reference child abuse and vowed to drop his provocative showmanship in an interview with Vogue.. In his first published interview since the furore, Demna (who dropped his last name in 2021), told the fashion bible there was never any intention to reference abuse.

US judge rules against family challenge in 737 MAX criminal settlement

A federal judge rejected a challenge by relatives of Boeing 737 MAX crash victims to the aviation giant's US criminal settlement, according to a ruling reviewed Friday by AFP. In a win for Boeing and the Justice Department, US District Judge Reed O'Connor ruled against ordering changes to the controversial January 2021 deferred prosecution agreement (DPA), ruling that the "court lacks statutory authority to supervise, or substantively review" the settlement between Boeing and DOJ. The decision is a setback for families who garnered a hard-fought public arraignment of Boeing last month in O'Connor's Fort Worth, Texas courthouse at which they argued that the 2021 accord should be radically revised and overseen by a court-appointed monitor.. Further, incorrect statements by US officials to family representatives before January 2021 denying ongoing DOJ actions were the result of "miscommunication" rather than a "willful attempt to deceive the victim's representatives," O'Connor said.

No deal as IMF leaves crisis-hit Pakistan

An IMF team left Pakistan on Friday after crisis talks with the government failed to deliver a deal on financial aid that would help the South Asian country avert economic collapse.. Finance Minister Ishaq Dar addressed the nation after the IMF team left the country on Friday morning, saying talks had "concluded successfully" and that a draft memorandum on broadly agreed policies had been shared by the lender with the government.