Category: Business

Billionaire Elon Musk has told the BBC that running Twitter has been "quite painful" but that the social media company is now roughly breaking even after he acquired it late last year. In an interview also streamed live late Tuesday on Twitter Spaces, Musk discussed his ownership of the online platform, including layoffs, misinformation and his work style. "It's not been boring. It's quite a rollercoaster," he told the U.K. broadcaster at Twitter's San Francisco headquarters. It was a rare chance for a mainstream news outlet to interview Musk, who also owns Tesla and SpaceX. After buying Twitter for $44 billion last year, Musk's changes included eliminating the company's communications department. Reporters who email the company to seek comment now receive an auto-reply with a poop emoji. The interview was…

China’s internet regulator has unveiled a proposed law that will require makers of new artificial intelligence, or AI, products to submit to security assessments before public release. The draft law released Tuesday by the Cyberspace Administration of China says that content generated by future AI products must reflect the country’s “core socialist values” and not encourage subversion of state power.   The draft law also said AI content must not promote discrimination based on ethnicity, race and gender, and should not provide false information.   The proposed law is expected to take effect sometime this year. The regulations come as several China-based tech companies, including Alibaba, JD.com and Baidu have released a flurry of new so-called generative AI products which can mimic human speech and generate content such as images and texts.…

The Australian government is asking major banks and other institutions to take part in 'wargaming' exercises to test how they would respond to cyber-attacks. It follows recent mass data theft attacks on several large companies, which compromised the data of millions of Australians.      Australia is preparing for potential cyberattacks on critical services including hospitals, the banking system and the electricity grid.   Home Affairs Minister Clare O’Neil Tuesday warned that recent high-profile hacks on the telecommunications and health insurance sectors, which have affected millions of people, "were just the tip of the iceberg".    The government is setting up a series of drills with large organizations to help them respond to security breaches.    Anna Bligh, chief executive of the Australian Banking Association, an industry body, told the Australian Broadcasting Corp. Tuesday…

A Kuwaiti media outlet has unveiled a virtual news presenter generated using artificial intelligence, with plans for it to read online bulletins.    "Fedha" appeared on the Twitter account of the Kuwait News website Saturday as an image of a woman, her light-colored hair uncovered, wearing a black jacket and white T-shirt.    "I'm Fedha, the first presenter in Kuwait who works with artificial intelligence at Kuwait News. What kind of news do you prefer? Let's hear your opinions," she said in classical Arabic.    The site is affiliated with the Kuwait Times, founded in 1961 as the Gulf region's first English-language daily.    Abdullah Boftain, deputy editor-in-chief for both outlets, said the move is a test of AI's potential to offer "new and innovative content."    In the future Fedha could adopt the Kuwaiti…

Electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide, state media reported Sunday. Plans call for annual production of 10,000 Megapack units, according to the Xinhua News Agency and state television. They said the company made the announcement at a signing ceremony in Shanghai, where Tesla operates an auto factory. The factory is due to break ground in the third quarter of this year and start production in the second quarter of 2024, the reports said. Tesla didn't immediately respond to requests for information. ...

A mayor in Australia’s Victoria state said Friday he may sue the artificial intelligence writing tool ChatGPT after it falsely claimed he’d served time in prison for bribery.  Hepburn Shire Council Mayor Brian Hood was incorrectly identified as the guilty party in a corruption case in the early 2000s. Brian Hood was the whistleblower in a corruption scandal involving a company partly owned by the Reserve Bank of Australia.  Several people were charged, but Hood was not one of them. That did not stop an article generated by ChatGPT, an automated writing service powered by artificial intelligence. The article cast him as the culprit who was jailed for his part in a conspiracy to bribe foreign officials to win currency printing contracts. Hood only found out after friends told him.…

Samsung Electronics said Friday it is cutting the production of its computer memory chips in an apparent effort to reduce inventory as it forecasted another quarter of sluggish profit.  The South Korean technology giant, in a regulatory filing, said it has been reducing the production of certain memory products by unspecified "meaningful levels" to optimize its manufacturing operations, adding it has sufficient supplies of those chips to meet demand fluctuations.  The company predicted an operating profit of $455 million for the three months through March, which would be a 96% decline from the same period a year earlier. It said sales during the quarter likely fell 19% to $47.7 billion.  Samsung, which will release its finalized first quarter earnings later this month, said the demand for its memory chips declined…

The last time humans were on the moon was in 1972. Now NASA is preparing to set foot back on the moon in 2025, if all goes as scheduled. VOA’s Alexander Kruglyakov spoke with the crew that will take part in the first of those missions: a planned flight around the Moon in November 2024. ...

Darknet users, beware: If you frequent criminal marketplaces in the internet’s underbelly, think again. Chances are you’re in the FBI’s crosshairs.  The FBI is cracking down on sites that peddle everything from guns to stolen personal data, and it is not only going after the sites’ administrators but also their users.   A recent surge in ransomware attacks and other malicious cyber activities has fueled the effort to shut down services that cater to online criminals.   But shutting down the marketplaces has proven ineffective. With each takedown, a new iteration pops up drawing users with it. Which is why the FBI is eyeing both the operators and users of these sites.    “We're not only trying to attack the supply side, but we're also attacking the demand side with the users,” a…

The push to legally restrict children’s access to social media in the United States is gaining steam. So far, however, researchers say there are both negative and positive aspects of minors using the platforms, as VOA’s Veronica Balderas Iglesias found out. ...

Furious at U.S. efforts that cut off access to technology to make advanced computer chips, China's leaders appear to be struggling to figure out how to retaliate without hurting their own ambitions in telecoms, artificial intelligence and other industries. Chinese leader Xi Jinping's government sees the chips — which are used in everything from phones to kitchen appliances to fighter jets — as crucial assets in its strategic rivalry with Washington and efforts to gain wealth and global influence. Chips are the center of a "technology war," a Chinese scientist wrote in an official journal in February. China has its own chip foundries, but they supply only low-end processors used in autos and appliances. The U.S. government, starting under President Donald Trump, has been cutting off access to a growing…

U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before making them public.  Biden told science and technology advisers that AI could help in addressing disease and climate change, but it was also important to address potential risks to society, national security and the economy.  “Tech companies have a responsibility, in my view, to make sure their products are safe before making them public,” he said at the start of a meeting of the President's Council of Advisors on Science and Technology. When asked if AI was dangerous, he said, “It remains to be seen. It could be.”  Biden spoke on the same day that his predecessor,…

The digital divide is one of the biggest challenges to education in sub-Saharan Africa, where the United Nations says nearly 90% of students lack access to household computers, and 82% to the internet. In Kenya, the aid group TechLit Africa aims to change that by building scores of computer labs. Juma Majanga reports from Mogotio, Kenya. ...

An exhibition currently on display in Poland uses virtual reality to show the level of destruction Russia’s war has brought on Ukraine. For some visitors, the VR videos that can be viewed at the "Through the War" display have been overwhelming. Lesia Bakalets reports from Warsaw. Daniil Batushchak. ...

Britain’s privacy watchdog hit TikTok with a multimillion-dollar penalty Tuesday for misusing children's data and violating other protections for users' personal information. The Information Commissioner's Office said it issued a fine of $15.9 million to the short-video sharing app, which is wildly popular with young people. It's the latest example of tighter scrutiny that TikTok and its parent, Chinese technology company ByteDance, are facing in the West, where governments are increasingly concerned about risks that the app poses to data privacy and cybersecurity. The British watchdog, which was investigating data breaches between May 2018 and July 2020, said TikTok allowed as many as 1.4 million children in the U.K. under 13 to use the app in 2020, despite the platform's own rules prohibiting children that young from setting up accounts.…

Australia said Tuesday it will ban TikTok on government devices, joining a growing list of Western nations cracking down on the Chinese-owned app due to national security fears.    Attorney-General Mark Dreyfus said the decision followed advice from the country's intelligence agencies and would begin "as soon as practicable".    Australia is the last member of the secretive Five Eyes security alliance to pursue a government TikTok ban, joining its allies the United States, Britain, Canada and New Zealand.    France, the Netherlands and the European Commission have made similar moves.    Dreyfus said the government would approve some exemptions on a "case-by-case basis" with "appropriate security mitigations in place".    Cybersecurity experts have warned that the app — which boasts more than one billion global users — could be used to hoover up data…

Virgin Orbit, the satellite launch company founded by Richard Branson, has filed for Chapter 11 bankruptcy and will sell the business, the firm said in a statement Tuesday.    The California-based company said last week it was laying off 85% of its employees — around 675 people — to reduce expenses due to its inability to secure sufficient funding.    Virgin Orbit suffered a major setback earlier this year when an attempt to launch the first rocket into space from British soil ended in failure.    The company had organized the mission with the UK Space Agency and Cornwall Spaceport to launch nine satellites into space.    On Tuesday, the firm said "it commenced a voluntary proceeding under Chapter 11 of the U.S. Bankruptcy Code... in order to effectuate a sale of the business" and intended to…

Germany could follow in Italy's footsteps by blocking ChatGPT over data security concerns, the German commissioner for data protection told the Handelsblatt newspaper in comments published on Monday. Microsoft-backed MSFT.O OpenAI took ChatGPT offline in Italy on Friday after the national data agency banned the chatbot temporarily and launched an investigation into a suspected breach of privacy rules by the artificial intelligence application.  "In principle, such action is also possible in Germany," Ulrich Kelber said, adding that this would fall under state jurisdiction. He did not, however, outline any such plans.  Kelber said that Germany has requested further information from Italy on its ban. Privacy watchdogs in France and Ireland said they had also contacted the Italian data regulator to discuss its findings.  "We are following up with the Italian…

NASA is to reveal the names on Monday of the astronauts — three Americans and a Canadian — who will fly around the Moon next year, a prelude to returning humans to the lunar surface for the first time in a half century.    The mission, Artemis II, is scheduled to take place in November 2024 with the four-person crew circling the Moon but not landing on it.    As part of the Artemis program, NASA aims to send astronauts to the Moon in 2025 — more than five decades after the historic Apollo missions ended in 1972.    Besides putting the first woman and first person of color on the Moon, the US space agency hopes to establish a lasting human presence on the lunar surface and eventually launch a voyage to Mars.    NASA administrator Bill Nelson…

A student in Congo has developed a tool that allows people to control or move objects using their brain signals. Andre Ndambi visited the department of engineering at the University of Kinshasa and has this story narrated by Salem Solomon. Jean-Louis Mafema contributed. ...

Twitter has removed the verification check mark on the main account of The New York Times, one of CEO Elon Musk's most despised news organizations. The removal comes as many of Twitter's high-profile users are bracing for the loss of the blue check marks that helped verify their identity and distinguish them from impostors on the social media platform. Musk, who owns Twitter, set a deadline of Saturday for verified users to buy a premium Twitter subscription or lose the checks on their profiles. The Times said in a story Thursday that it would not pay Twitter for verification of its institutional accounts. Early Sunday, Musk tweeted that the Times' check mark would be removed. Later he posted disparaging remarks about the newspaper, which has aggressively reported on Twitter and…

Italy is temporarily blocking the artificial intelligence software ChatGPT in the wake of a data breach as it investigates a possible violation of stringent European Union data protection rules, the government's privacy watchdog said Friday. The Italian Data Protection Authority said it was taking provisional action "until ChatGPT respects privacy," including temporarily limiting the company from processing Italian users' data. U.S.-based OpenAI, which developed the chatbot, said late Friday night it has disabled ChatGPT for Italian users at the government's request. The company said it believes its practices comply with European privacy laws and hopes to make ChatGPT available again soon. While some public schools and universities around the world have blocked ChatGPT from their local networks over student plagiarism concerns, Italy's action is "the first nation-scale restriction of a…

The administrator of the National Energy Administration of China, Zhang Jinhua, on Friday paid a visit to Namibia President Hage Geingob. The visit is aimed at establishing cooperation in the area of green hydrogen production. Namibia is positioning itself as a future green hydrogen producer to attract investment from the globe’s leading and fastest growing producer of renewable energy — China. James Mnyupe, Namibia’s green hydrogen commissioner and economic adviser to the president, told VOA that although Namibia has not signed a partnership with China on green hydrogen, officials are looking to the Asian country as a critical partner. But it isn’t talking to China alone. “We have an MOU [Memo of Understanding] with Europe; we are also discussing possibilities of collaboration with the United States,” he said. “If you…

A group of influential figures from Silicon Valley and the larger tech community released an open letter this week calling for a pause in the development of powerful artificial intelligence programs, arguing that they present unpredictable dangers to society. The organization that created the open letter, the Future of Life Institute, said the recent rollout of increasingly powerful AI tools by companies like Open AI, IBM and Google demonstrates that the industry is "locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one – not even their creators – can understand, predict, or reliably control." The signatories of the letter, including Elon Musk, founder of Tesla and SpaceX, and Steve Wozniak, co-founder of Apple, called for a six-month halt to all development work…

U.S. lawmakers and officials are ratcheting up threats to ban TikTok, saying the Chinese-owned video-sharing app used by millions of Americans poses a threat to privacy and U.S. national security. But free speech advocates and legal experts say an outright ban would likely face a constitutional hurdle: the First Amendment right to free speech. “If passed by Congress and enacted into law, a nationwide ban on TikTok would have serious ramifications for free expression in the digital sphere, infringing on Americans’ First Amendment rights and setting a potent and worrying precedent in a time of increased censorship of internet users around the world,” a coalition of free speech advocacy organizations wrote in a letter to Congress last week, urging a solution short of an outright ban. The plea came as…

New data is suggesting at least some U.S. adversaries are taking advantage of the hugely popular TikTok video-sharing app for influence operations. A report Thursday by the Alliance for Securing Democracy (ASD) finds Russia "has been using the app to push its own narrative” in its effort to undermine Western support for Ukraine. "Based on our analysis, some users are engaging more with Russian state media than other, more reputable independent news outlets on the platform," according to the report by the U.S.-based election security advocate that tracks official state actors and state-backed media. "More TikTok users follow RT than The New York Times," it said. The ASD report found that as of March 22, there were 78 Russian-funded news outlets on TikTok with a total of more than 14…

A Chinese hacking group that is likely state-sponsored and has been linked previously to attacks on U.S. state government computers is highly active and focusing on a broad range of targets that may be of strategic interest to China's government and security services, a private American cybersecurity firm said in a report Thursday. The hacking group, which the report called RedGolf, shares such close overlap with groups tracked by other security companies under the names APT41 and BARIUM that it is thought they are either the same or very closely affiliated, said Jon Condra, director of strategic and persistent threats for Insikt Group, the threat research division of Massachusetts-based cybersecurity company Recorded Future. Following up on previous reports of APT41 and BARIUM activities and monitoring the targets that were attacked,…

U.S. Secretary of State Antony Blinken on Thursday urged democracies around the world to work together to ensure technology is used to promote democratic values and fight efforts by authoritarian regimes to use it to repress, control and divide citizens. Blinken made the comments as he led a discussion on "Advancing Democracy and Internet Freedom in a Digital Age." The session was part of U.S. President Joe Biden's Summit for Democracy, a largely virtual gathering of leaders taking place this week from the State Department in Washington. Blinken said the world is at the point where technology is "reorganizing the life of the world" and noted many countries are using these technologies to advance democratic principles and make life better for their citizens. He pointed to the Maldives, where court…