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Worldcoin Must Delete All Iris Scanning Data, German Regulator Rules
MADRID - The German data protection authority BayLDA has ruled that Worldcoin must delete all iris scanning data collected since the project's inception, a decision cited by Spain's data protection watchdog AEPD on…
Australia Approves Strict Social Media Ban for Minors
SYDNEY - Australia has approved a landmark social media ban for children under 16, a move that has sparked intense debate and drawn mixed reactions from the public, tech companies, and policymakers. Key Details of the Ban …
South Korea Pledges $10 Billion in Loans to Bolster Chip Industry
SEOUL - South Korea plans to roll out 14 trillion won ($10 billion) in low-interest loans next year to support its semiconductor industry, the finance ministry announced on Monday, citing challenges from Chinese competition…
OpenAI in Talks to Transition to For-Profit Model
OpenAI, the artificial intelligence research lab behind the popular ChatGPT chatbot, is reportedly in early discussions with the California Attorney General's office to change its corporate structure and become a…
China’s Chip Industry Braces for 4 More Years of Combative Trump Era
BEIJING/SINGAPORE - China's semiconductor industry is gearing up for a potentially turbulent four years under a second Donald Trump presidency, adopting various strategies to navigate the continued tensions. According to a…
Qatar Commits £1 Billion to UK Climate Technology Investments
LONDON - Qatar has announced a £1 billion ($1.3 billion) investment in climate technology in the United Kingdom, with engineering giant Rolls-Royce set to be a primary beneficiary of the funding, the British government…
U.S. Orders TSMC to Halt Advanced Chip Exports to China Amid AI Concerns
NEW YORK/SINGAPORE, Nov 9 (Reuters) - The United States has directed Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW) to stop shipping advanced chips to Chinese clients, primarily used in artificial intelligence (AI)…
TikTok Shop Shows Strong Holiday Sales Despite Potential Ban Threat
NEW YORK - TikTok Shop, the e-commerce platform launched in September 2023, is experiencing significant growth during the holiday shopping season, with users spending heavily on merchandise from various brands and vendors. …
Vietnam Demands Shein and Temu Register or Face Bans
HANOI - The Vietnamese government has issued a deadline for the Chinese online retailers Shein and Temu to register with authorities or face having their internet domains and apps blocked in the country. According to the…
Quantum Computing Milestone
The Willow chip demonstrates an extraordinary computational capability: Solved a computing problem in five minutes that would take a classical computer longer than the universe's entire history Developed a method to…