With TikTok in the U.S. facing being shut down on Jan. 19, Chinese officials are reportedly evaluating an 11th-hour option that involves Elon Musk, through X Inc., acquiring the U.S. operations of TikTok should last-minute attempts to stop the ban fail. Bloomberg, quoting people familiar with the matter, said today that though Beijing officials strongly ...

A new white paper out today from Microsoft Corp.’s AI red team details findings around the safety and security challenges posed by generative artificial intelligence systems and stategices to address emerging risks. Microsoft’s AI red team was established in 2018 to address the evolving landscape of AI safety and security risks. The team focuses on ...

Cryptocurrency infrastructure service provider MoonPay USA LLC announced today that it has acquired cryptocurrency payment platform startup Helio Fintech Ltd. to expand decentralized finance, creator commerce and trading infrastructure. Though the acquisition price was not formally disclosed, Fox Business reported that the deal was closed for a healthy $175 million. Founded in 2022, Helio offers a ...

Labviva Inc., a startup offering an artificial intelligence procurement platform for life sciences, announced today that it has raised $25 million in new funding to accelerate product innovation, enhance marketing and customer support, and expand internationally. Founded in 2017, Labviva offers an AI-powered digital marketplace that connects researchers with suppliers of reagents, chemicals, consumables and ...

For years, Apple Inc. has been reported to be planning on making a thin iPhone Air model and this year, the reports are rife again that Apple is planning to do just that. According to well-respected Apple analyst Mark Gurman at Bloomberg, Apple is planning to release a new model alongside the iPhone 17, Pro ...

Apple Inc. users are facing new security risks after a security researcher successfully hacked Apple’s proprietary ACE3 USB-C controller, a critical component responsible for managing charging and data transfer on Apple’s latest devices. First revealed at the 38th Chaos Communication Congress at the end of December but with details only recently announced, the ability to ...

Lawyers representing Apple Inc. will be in court Monday in the U.K. to face a class action lawsuit that alleges that the iPhone maker runs its App Store as an illegal monopoly. The lawsuit, filed back in 2021, alleges that Apple’s 30% commission on app sales is an abuse of dominance and unlawful. The lawsuit ...

Former Google LLC Chief Executive Officer Eric Schmidt is reportedly working on a new artificial intelligence startup that will compete in AI video generation and social media. Forbes reported that the startup Schmidt is working on is called Hooglee LLC and that Schmidt’s family office, Hillspire, is financing and housing it. According to its website, Hooglee ...

Google LLC is set to face trial in August over a privacy-related class action lawsuit after failing to persuade a judge to dismiss the lawsuit on the grounds that it adequately discloses how its Web & App Activity settings worked and that users consented to being tracked. The lawsuit was filed in 2020 and accused ...

Machine learning cybersecurity firm Darktrace PLC announced today that it plans to acquire cloud forensics and incident response platform startup Cado Security Ltd. for an undisclosed sum. Founded in 2020, Cado Security specializes in cloud-native digital forensics and incident response solutions, with a platform that offers “forensic-level details without forensic-level effort” when dealing with incident response in the cloud. ...