Category: Tech

LIVE NOW: House Armed Services Committee Hearing on Artificial Intelligence on the Battlefield

The House Armed Services Committee meets on July 18 to receive testimony on the barriers that prevent the Department of Defense from adopting and deploying artificial intelligence (AI) effectively and safely, the Department’s role in AI adoption, and the risks to the Department from adversarial AI. The hearing starts at 9 a.m. ET. Witnesses Alexandr…


House Armed Services Committee Hearing on Artificial Intelligence on the Battlefield

The House Armed Services Committee meets on July 18 to receive testimony on the barriers that prevent the Department of Defense from adopting and deploying artificial intelligence (AI) effectively and safely, the Department’s role in AI adoption, and the risks to the Department from adversarial AI. The hearing starts at 9 a.m. ET. Witnesses Alexandr…


House Republicans Seek Transparency on Meta’s Content Moderation Policy on Threads

House Republicans sent a letter demanding Meta answer if policies on its new Twitter-style platform, Threads, violates free speech. The letter, which was obtained exclusively by CNBC, is a hint that Meta’s latest product could bring it further scrutiny in Congress. Rep. Jim Jordan (R-OH), chairman of the House Judiciary Committee, asked Meta CEO Mark Zuckerberg on July 17 to send…


Bank to Suspend, Cancel Accounts of Customers Engaged in ‘Financial Abuse’

The National Australia Bank (NAB) has assured customers that new rules that allow it to “cut off” customers identified as perpetrators of financial abuse will not be open to misuse. On June 26, NAB announced it would be updating its terms and conditions saying the bank will suspend, cancel, or deny access to savings and…


Tech Company Says Cars Collect 25 Gigabits of Data per Hour, Making Them Targets for Hacking

Vehicles now collect a vast trove of personal data—from navigation history to text messages—that companies are increasingly looking to monetize, raising concerns about data privacy. Cars today are like smartphones that have numerous apps connected to the internet which collect and share large amounts of data. Most owners do not know the amount of personal…


‘Extraordinarily Sensitive’ Personal Data Handed Over to Meta by Tax-Preparation Firms: Report

Three tax-preparation companies have shared sensitive personal information of millions of taxpayers with Meta and other Big Tech companies like Google, according to a new report by congressional Democrats. The tax-prep companies—TaxAct, H&R Block, and TaxSlayer—are said to have “shared millions of taxpayers’ data with Meta, Google, and other Big Tech firms” using computer code…


Elon Musk Reveals Twitter Has ‘Negative Cash Flow’ and ‘Heavy Debt’

Elon Musk wrote Saturday that Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue and that has resulted in the app having a “negative cash flow.” “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to reach positive…


Twitter Has ‘Negative Cash Flow’ and ‘Heavy Debt,’ Musk Reveals

Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue, and that has resulted in the app having a “negative cash flow,” Elon Musk, the company’s owner, wrote on July 14. “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to…


Rocket Engine Explodes Mid-Test in Japan’s Latest Space Mishap

An engine being designed for Japan’s Epsilon S space rocket exploded during testing, in the latest mishap for the nation’s space program. The Japan Aerospace Exploration Agency (JAXA), has been making efforts to launch advanced rockets, to compete with Elon Musk’s SpaceX. JAXA had previously aborted the inaugural launch of its Mitsubishi-built, next-generation H3 liquid fuel…


Microsoft’s Contract With Government Agencies Under Fire Following Chinese Cyber Attacks

After Chinese hackers were able to hack into U.S. government email accounts last week, Microsoft’s security systems are now under fire from Congress. A cyber gang based in China was accused of stealing emails from senior U.S. officials in a major security breach through a weakness in Microsoft MSFT.O software. The attacks were allegedly able…