Fintech companies caught up in US tariff turmoil
FINANCIAL TECHNOLOGY (fintech) companies like Robinhood and buy now, pay later provider Affirm have been caught in the whirlwind of President Donald J. Trump’s...
Europe wants to lighten AI compliance burden for startups
BRUSSELS — The European Commission plans to seek feedback to help lighten the regulatory burden for startups struggling to comply with European Union (EU)...
Musk’s X reaches deal to drop Twitch from lawsuit over ad spending
ELON MUSK’S X has reached an agreement to resolve claims that live streaming service Twitch conspired with other companies and an advertising industry group...
TSMC could face $1 billion or more fine from US probe, sources say
Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that...
Taiwan says China using generative AI to ramp up disinformation and ‘divide’ the island
TAIPEI - China is using generative artificial intelligence (AI) to ramp up disinformation against Taiwan to "divide" Taiwan's public, the island's National Security Bureau...
Hackers strike Australia’s largest pension funds in coordinated attacks
SYDNEY - Hackers targeting Australia's major pension funds in a series of coordinated attacks have stolen savings from some members at the biggest fund,...
Trump tariffs provoke world condemnation and fears of a $2,300 iPhone
WASHINGTON/OTTAWA/TOKYO - Countries around the world threatened to ratchet up a trade war with the United States as President Donald Trump's sweeping tariffs ignited...
Tesla quarterly sales plunge as Musk backlash grows
Tesla's quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk's politics, rising global competition and people...
Trump signs order ending duty-free treatment for cheap shipments from China
WASHINGTON - U.S. President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as "de minimus" that has allowed low-value packages from China and...
Enterprises must boost identity verification to combat deepfakes
PHILIPPINE BUSINESSES must ramp up their investments in identity verification technology as fraud schemes involving deepfakes become more prevalent, according to biometric solutions company...
If AI doesn’t kill your company, it will make it stronger, study shows
FRANKFURT — If a company can survive the upheaval caused by the adoption of artificial intelligence (AI), AI will help it thrive in the...
Ghibli effect: ChatGPT usage hits record after rollout of viral feature
THE FRENZY to create Ghibli-style AI art using ChatGPT’s image-generation tool led to a record surge in users for OpenAI’s chatbot last week, straining...