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Apple lawsuit: Built by Steve Jobs, Apple is like “Hotel California, you can check out but you can never leave”

Call it a "walled garden" or an ecosystem, but at the heart of Thursday's blockbuster US lawsuit against Apple are the many ways the company gets customers to remain faithful to its products.- Apple versus PCs -Very early on in its nearly half-century history, Apple made a decision that its products were to stand out alone and shouldn't be combined with products from other companies. With fans touting its better design and easier interface, Apple computers often drew the vitriol of PC users who equated its products as a…

ftx bankruptcy: FTX expects US to reduce bankruptcy claim to $3 billion to $5 billion

Crypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, leaving no money for shareholders and contradicting a "reckless and false" claim by founder Sam Bankman-Fried that FTX's collapse caused no harm. FTX revealed those estimates in court documents on Wednesday in response to founder Sam Bankman-Fried's claims that he should receive a light prison sentence because FTX will be able to repay its customers "in full". Bankman-Fried was convicted in November…

A bill that could lead to a TikTok ban in the US is gaining momentum. Here are 5 things to know

TikTok once again finds itself in a precarious position. This time, it comes in the form of legislation that would ban the popular social media platform if it doesn't break ties with ByteDance, its Beijing-based parent company. On Thursday, a House panel unanimously approved a bipartisan bill that would require the Chinese firm to divest TikTok and other applications it owns within six months of the bill's enactment in order to avoid a nation-wide ban. The legislation also creates a process that lets the executive branch…

Amazon UK: Amazon loses trademark appeal over ‘targeting’ UK shoppers

Amazon lost an appeal on Wednesday against a ruling that it had infringed UK trademarks by targeting British consumers on its U.S. website, in a potentially significant judgment for other online retailers.The U.S. tech giant was found in 2022 by London's Court of Appeal to have infringed the trademarks. Amazon appealed last year to the United Kingdom's Supreme Court, which unanimously ruled that its U.S. website was "targeting consumers in the UK".Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Microsoft whistleblower sounds alarm on AI image-generator to US officials and company’s board

A Microsoft engineer is sounding alarms about offensive and harmful imagery he says is too easily made by the company's artificial intelligence image-generator tool, sending letters on Wednesday to U.S. regulators and the tech giant's board of directors urging them to take action.Shane Jones told The Associated Press that he considers himself a whistleblower and that he also met last month with U.S. Senate staffers to share his concerns. The Federal Trade Commission confirmed it received his letter Wednesday but declined…

Tiktok: House lawmaker says US ByteDance investors should urge China to allow TikTok sale

A U.S. House Republican leading a legislative push to force China's ByteDance to divest TikTok in the United States or face a ban says American investors should urge China to allow a sale.Representative Mike Gallagher, who chairs a House panel on China, introduced legislation on Tuesday with Representative Raja Krishnamoorthi, the panel's top Democrat, that would give ByteDance about six months to sell TikTok or face a ban citing national security concerns. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

‘Game-changing’ tech fuels US relook at China data risks

From genomic information to internet-connected cars, the United States is rethinking its data protection policies -- with further trade curbs aimed at China in the cards -- as tech like AI brings new risks.In the past week alone, President Joe Biden took steps expanding Washington's national security toolkit, sounding the alarm on possible risks from Chinese vehicles and tech, a day after issuing an order to limit the flow of sensitive personal data abroad. The fear is that such data can be used to track citizens,…

NASA says 120-foot asteroid will pass Earth by just 5.2 mn km; Know how fast it is moving

Like previous months, February has witnessed multiple asteroid approaches. While an asteroid did not pass Earth yesterday, NASA says that two asteroids will come close to the planet today, February 28. The asteroids were tracked with the help of advanced tech marvels such as the NEOWISE telescope, Atacama Large Millimeter/submillimeter Array (ALMA), Pans-STARRS1, and Catalina Sky Survey. While the asteroid will come close to Earth, it is not expected to impact the surface, the US Space Agency has further revealed. Know…

The Pentagon used Project Maven-developed AI to identify air strike targets

The US military has ramped up its use of artificial intelligence tools after the October 7 Hamas attacks on Israel, based on a new report by Bloomberg. Schuyler Moore, US Central Command's chief technology officer, told the news organization that machine learning algorithms helped the Pentagon identify targets for more than 85 air strikes in the Middle East this month.US bombers and fighter aircraft carried out those air strikes against seven facilities in Iraq and Syria on February 2, fully destroying or at least…