Elon Musks’s neurotechnology company Neuralink announced on Thursday it has obtained approval from the U.S. Food and Drug Administration (FDA) to carry out a clinical study of brain implants in humans. It marks the first in-human clinical study for the company. “This is the result of incredible work by the Neuralink team in close collaboration with…
Elon Musk’s Neuralink Gets FDA Approval to Study Brain Implants in Humans
Chip Giant Nvidia Nears Trillion-Dollar Status on AI Bet
Nvidia Corp. surged 24 percent on Thursday in one of the largest one-day gains in value for a U.S. stock, after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI. The surge more than doubled the stock’s value for this year and increased the chip designer’s…
Artificial Intelligence ‘Safety Brakes’ Needed: Microsoft President
Microsoft President Brad Smith is pushing for stricter regulation of artificial intelligence, involving government-led AI safety frameworks and establishing “safety brakes” in AI systems. There is a need to ensure that “machines remain subject to effective oversight by people, and the people who design and operate machines remain accountable to everyone else,” Smith wrote in…
Ramaswamy Slams ‘Election Interference’ as LinkedIn Censors GOP Candidate Over Comments on China, Climate Change
May 25, 2023
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Republican Presidential candidate Vivek Ramaswamy is criticizing social media platform LinkedIn for allegedly interfering with a presidential election as it locked his account over comments he made about the Chinese Communist Party (CCP), the Biden administration, and climate change. “If they can do it to me, they can do it to anyone. It’s remarkable that…
New iOS Update Warning Issued for Millions of iPhone Users
iPhone users are being advised to update their operating systems to iOS 16.5 because it fixes several vulnerabilities that may be targeted by malign actors and malware. The latest update patches about 40 problems and bugs, said Apple in its patch notes, which includes three key security issues that may be actively exploited. The three problems…
Facebook Owner Meta Slashes Business Operations Staff in Final Round of Mass Layoffs
May 25, 2023
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Meta Platforms Inc., owner of Facebook, Instagram, and WhatsApp, slashed jobs across its business and operations units on Wednesday as part of a plan announced last fall to eliminate 10,000 jobs in the course of a broader restructuring program. Dozens of Meta employees from enterprise engineering, marketing, corporate communications, site security, program management, and content…
EU Seeks Top Court Backing in $14 Billion Tax Fight Against Apple
LUXEMBOURG—EU competition regulators appealed to the bloc’s highest court on Tuesday to override a lower tribunal and make Apple pay a record 13 billion euros ($14.3 billion) in Irish back taxes. The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager’s campaign against sweetheart deals…
Apple Inks Multi-Billion-Dollar Deal With Broadcom for US-Made Chips
Apple Inc. on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc. to use chips made in the United States. Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several U.S. facilities, including Fort Collins, Colorado, where Broadcom has a major…
US Tech Sector Continues Laying Off Large Number of Employees
American tech firms have announced thousands of layoffs this year so far, with reasons for these terminations ranging from over-hiring during the pandemic, worries about a potential recession, and efforts to cut costs. Salesforce set the tone for the tech industry’s layoffs this year in January when it announced that 8,000 employees would be terminated….
Netflix Seeks to Limit Password Sharing in US
Streaming giant Netflix is cracking down on the practice of subscribers sharing passwords with non-household members in the United States. “Your Netflix account is for you and the people you live with—your household,” the company said in an email posted to a blog on May 23. Netflix gives two options for subscribers looking to share…
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