Tech News

Apple lays down the gauntlet to the metaverse

Tech giant Apple has unveiled its first major product in more than seven years, a mixed-reality headset that might just deliver a terminal blow to the "metaverse".. Meta's Reality Labs, the division helming its metaverse effort, has lost $4 billion so far and company chief Mark Zuckerberg has been increasingly talking up artificial intelligence rather than the metaverse.

S.Africa skirts recession with surprise first quarter growth

South Africa's economy grew slightly in the first three months of the year, shooing away fears of recession hanging over Africa's most industrialised country, official data showed Tuesday.. It recorded a 0.8 percent contraction in the second quarter of 2022, followed by a 1.8 percent expansion in the following quarter -- before diving back in the last three months of the year, according to revised data.

Deezer to detect AI-generated music clones

Music streaming app Deezer said Tuesday it was launching a tool to detect and tag songs with AI-generated vocal clones in a bid to protect the revenues of the real artists.. But Deezer said it plans to identify AI-generated music, focusing initially on those which recreate the voices of existing artists.

Finland's nuclear catacombs nearly ready to house waste

Deep within the bedrock in western Finland, flashing lights from heavy machinery cast shadows in eerie tunnels that lead to a tomb that must remain unperturbed for millennia.. But the long-term storage problem has cast a shadow on nuclear projects.

Crisis-hit UK business lobby faces survival vote

Britain's scandal-hit business lobby group, the CBI, faces a vote crucial to its survival Tuesday, with members urged to back reform under new leadership after allegations of sexual harassment by staff.. The scandal comes as UK business looks for leadership during a cost-of-living crisis, with the country's elevated inflation cooling more slowly than expected.

Taiwanese chip giant TSMC says industry could have 'stabilising' effect

Taiwanese semiconductor giant TSMC said Tuesday its production of ever-smaller microchips will remain on the island, hopeful that the critical industry will have a "stabilising effect on global geopolitical conflicts".. "I hope Taiwan's semiconductor industry can do well to have a stabilising effect on global geopolitical conflict."

Australia lifts key interest rate, flags further rises

Australia's central bank hiked interest rates to an 11-year high Tuesday and warned that further rises may be on the horizon to get surging prices under control.. Central banks around the world continue to tighten monetary policy in the face of runaway food and energy prices, exacerbated by the war in Ukraine. sft/djw/dan

Musk says China detailed plans to regulate AI

Top Chinese officials told Elon Musk about plans to launch new regulations on artificial intelligence on his recent trip to the Asian giant, the tech billionaire said Monday, in his first comments on the two-day visit.. "Something that is worth noting is that on my recent trip to China, with the senior leadership there, we had, I think, some very productive discussions on artificial intelligence risks, and the need for some oversight or regulation," Musk said.

US regulators charge Binance with violating securities laws

US authorities on Monday charged cryptocurrency giant Binance with securities law violations that collectively amounted to what they called "an extensive web of deception" and "calculated evasion of the law.". "Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law," said SEC Chair Gary Gensler.