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India summons Meta over Instagram ads promoting child sexual abuse material

India’s Ministry of Electronics and Information Technology will summon Meta executives after a BBC investigation found that Instagram had been running paid advertisements promoting child sexual abu [...]

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OpenAI apparently never visited the site of its flagship UK AI project

OpenAI apparently failed to visit a key site earmarked for its Stargate UK data centre project before the initiative was announced, the Guardian reported on Friday. The revelation deepens questions a [...]

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Nearly a million investors lost $3.8 billion on the Trump memecoin. Trump made $636 million.

Nearly a million people who bought President Donald Trump’s $TRUMP memecoin have collectively lost $3.81 billion, according to an analysis by blockchain analytics firm Nansen. The data, which cover [...]

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Hong Kong now handles more than half of China’s chip imports

Hong Kong has become the main artery for high-tech goods flowing in and out of China, and its chip trade has hit record levels. The city accounted for more than half of China’s $239bn in semiconduct [...]

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Starling Bank cuts 130 jobs as it bets on AI and looks beyond the UK

Starling Bank is cutting around 130 jobs, roughly 3% of its 4,000-strong workforce, as the London-based neobank restructures its banking and technology operations. Staff were told this week that the c [...]

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US government body paid $1M to hackers who never locked a single file

A US government entity paid around $1m to stop stolen files from being published, according to a case study by researcher Rakesh Krishnan for Ransom-ISAC. The analysis draws on a leaked negotiation [...]

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India’s CG Semi starts commercial chip production at $870M Gujarat plant

Prime Minister Narendra Modi has inaugurated commercial production at CG Semi’s chip assembly and testing plant in Sanand, Gujarat. The facility will initially turn out 200 million chips a year, ac [...]

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Mistral CEO warns closed AI models give providers ‘immense leverage’ over your business

Arthur Mensch, cofounder and chief executive of French AI lab Mistral, has urged enterprise leaders to abandon closed AI models. In a LinkedIn post, he argued that closed providers are now forcing da [...]

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UK parents warned against posting children’s photos publicly as AI abuse imagery surges

Parents should stop publicly posting images of their children online because of the growth of AI-generated abuse imagery, the UK’s National Crime Agency has warned. The agency issued the advice alo [...]

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