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CNA Economy Full text
Oct 16 : CoreWeave CEO Michael Intrator and entities linked to him have sold nearly $1 billion of stock, mostly under prearranged trading plans, since the AI cloud company's IPO in March last year, according to regulatory filings.The sales…
CNA Economy Full text
WASHINGTON, Oct 16 : A federal judge in Manhattan has rejected a joint request by the US Commodity Futures Trading Commission and Gemini, a cryptocurrency exchange founded by twin brothers Cameron and Tyler Winklevoss, to undo a $5 million…
CNA Economy Full text
Oct 16 : SpaceX called its recent multibillion-dollar purchase of US airwaves a critical step towards building a mobile network, but constructing a true rival to major American carriers will require a terrestrial network and likely years…
CNA Economy Full text
(Corrects business name and description in paragraph 2)By AJ VicensOct 16 : Several online services supporting US federal courts' bankruptcy systems have gone offline following a cybersecurity incident involving a court contractor, the…
CNA Economy Full text
WASHINGTON, Oct 16 : The FBI and the US cyber defense agency CISA are urging election officials - and the American public - to be on guard against AI-powered tricks ahead of next month's midterm elections.Here are more details:• An alert…
CNA Economy Full text
Oct 16 : French media and digital regulator Arcom has opened an investigation into Mym, a France-based platform offering subscription-based content including adult material, over suspected breaches of the EU's Digital Services Act…
CNA Economy Full text
WASHINGTON, Oct 16 : A new government task force on AI used its inaugural meeting to set up protocols, a risk study and various committees, Director of National Intelligence Jay Clayton told CNBC on Friday, a day after gathering in…
CNA Economy Full text
BANGKOK, Oct 16 : The artificial intelligence boom is setting off a global race for money, forcing central bankers to contemplate a future in which interest rates stay higher and governments need to tighten their belts after an era of…
CNA Economy Full text
Oct 16 : Michael Saylor's Strategy faces potential removal from MSCI's global equity indexes under new rules adopted on Thursday, threatening billions of dollars in passive investment in the bitcoin buyer.Shares of Strategy, the world's…
CNA Economy Full text
WASHINGTON, Oct 16 : Astronomers for the first time have identified a green star, documenting a dense stellar remnant called a white dwarf that became a ghostly shade of chartreuse after ingesting rocky debris from planets that once had…
CNA Economy Full text
The US firm said earlier this year that investors had raised concerns about "ongoing opacity in shareholding structures" as well as coordinated trading behaviour that affected price information.
CNA Economy Full text
Oct 15 : Netflix said on Thursday it appointed former Disney executive Peter Rice as chief content officer, succeeding Bela Bajaria, who is leaving after nearly a decade at the streaming platform.Here are more details:• Rice will oversee…
CNA Economy Full text
Oct 15 : Meta Platforms on Thursday released an open-weight version of its Muse Spark artificial intelligence model for coding and AI agents, expanding developers' ability to download and adapt the technology.Open-weight models make…
CNA Economy Full text
ORLANDO, Florida, Oct 15 : The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence revolution's buildout, although its force evaporated in European and…
CNA Economy Full text
NEW YORK, Oct 15 : Some current Anthropic investors and prospective investors in its upcoming initial public offering are weighing a lower valuation for the AI company after its latest financial disclosures, four people familiar with the…
CNA Economy Full text
NEW YORK, Oct 15 : Some current Anthropic investors and prospective investors in its upcoming initial public offering are weighing a lower valuation for the AI company after its latest financial disclosures, four people familiar with the…
CNA Economy Full text
Oct 15 : Thoma Bravo-owned cybersecurity company Proofpoint will buy data security firm Varonis Systems in an all-cash deal valued at about $6.3 billion, the companies said on Thursday.Under the agreement, Varonis shareholders will receive…
CNA Economy Full text
Oct 15 : CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres.Shares and bonds of the Nvidia-backed company have tumbled…
CNA Economy Full text
SAN FRANCISCO, Oct 15 : Amazon unveiled two new devices on Thursday for listening to and recording people's information throughout the day to offer calendar reminders and other AI-driven insights under the Bee brand it acquired last…
CNA Economy Full text
Oct 15 : Anthropic has given nonprofit METR employee-level access to its systems and is in talks with others including Hugging Face, as AI companies pitch external evaluators as a way to safely advance the technology without slowing its…
CNA Economy Full text
Oct 15 : Anthropic said on Thursday it has granted a team from nonprofit AI evaluator METR employee-level access to its systems, allowing the group to independently assess its advanced models, safety practices and risk management.The…
CNA Economy Full text
Oct 15 : Skydance's CNN, the Financial Times, Axios and other publishers joined Google's AI news program to license their content for generative AI features and explore ways to drive audience engagement.The search-engine giant said on…
CNA Economy Full text
Oct 15 : Skydance's CNN, the Financial Times, Axios and other publishers joined Google's AI news program to license their content for generative AI features and explore ways to drive audience engagement.The search-engine giant said on…
CNA Economy Full text
Oct 15 : US semiconductor stocks were set to lose $2 trillion in market value on Thursday in the steep selloff since last week, driven by rising bets of an interest-rate hike and concerns over the cost of the AI buildout. The Philadelphia…
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