Britain is drafting plans to regulate the crypto industry in the wake of FTX’s collapse

Britain is drafting plans to regulate the crypto industry in the wake of FTX’s collapse

British Prime Minister Rishi Sunak speaks at a Q&A at Teesside University on January 30, 2023. Oli Scarf | Wpa Pool | Getty Images NewsS The UK has formally laid out plans to regulate the cryptocurrency industry, with the government looking to curb some of the reckless business practices that have emerged over the past … Read more

A small radioactive capsule is missing in Australia. This is why people are concerned

A small radioactive capsule is missing in Australia.  This is why people are concerned

CNN — It’s like looking for a needle in a haystack – an 8mm by 6mm silver capsule, no bigger than a coin, believed to be somewhere along a sprawling desert highway in Australia’s largest state. The reason authorities are so determined to find it is that it contains caesium-137, a highly radioactive substance that … Read more

Google is testing ChatGPT-like chatbot ‘Apprentice Bard’ with employees

Google is testing ChatGPT-like chatbot ‘Apprentice Bard’ with employees

A man walks through Google offices in New York City on January 25, 2023. Leonardo Munoz | Corbis News | Getty Images Google is testing new artificial intelligence-powered chat products that are likely to influence a future public product launch. They include a new chatbot and a possible way to integrate it into a search … Read more

Amazon layoffs affect workers in robotics, grocery, health, AWS departments

Amazon layoffs affect workers in robotics, grocery, health, AWS departments

Amazon’s headquarters is virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon advised all employees in its Seattle office to work from home, leaving much of the downtown area near empty. Jan Moore | Getty Images from Amazon The more than 18,000 jobs announced this month are … Read more

The US blocks export license extensions for China’s Huawei

The US blocks export license extensions for China’s Huawei

BEIJING (AP) — The Chinese government on Tuesday accused Washington of pursuing “technology hegemony” as the United States has begun ramping up pressure on tech giant Huawei by blocking access to U.S. suppliers. The Biden administration has stopped approving license renewals to some U.S. companies that sold essential components to the Chinese company, two people … Read more

Asian chip makers fall as Samsung sees worst quarterly profit in 8 years

Asian chip makers fall as Samsung sees worst quarterly profit in 8 years

Attendees wait in line under a large LED display of smart connected home products to enter the Samsung Electronics booth at the Consumer Electronics Show (CES) in Las Vegas, Nevada, on Jan. 6, 2023. Patrick T Fallon | AFP | Getty Images Shares of semiconductors in Asia fell as South Korean chip giant Samsung Electronics … Read more

Investors are dangerously ignoring the impact of the bear market on earnings

Investors are dangerously ignoring the impact of the bear market on earnings

Famed shortseller Jim Chanos sees an alarming trend in the market. “I’ve been on the street [since] 1980 [and] no bear market has ever traded more than nine times to 14 times previous peak earnings,” Chanos & Co.’s founder said. Monday on CNBC’s “Fast Money.” His latest warning comes in the midst of earnings season, … Read more