UK Parliamentary Panel Flags AI Oversight Gaps Could Expose Financial System to Harm
A parliamentary committee said regulators are struggling to keep pace as AI spreads across banks and insurers, urging clearer guidance....
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A parliamentary committee said regulators are struggling to keep pace as AI spreads across banks and insurers, urging clearer guidance....
The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight....
Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...
According to media reports, the Gaza "Board of Peace" draft charter requires members to contribute $1 billion in cash to extend their membership....
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....
Palmer Luckey says Meta's VR layoffs cut bloated in-house game studios that were quietly undermining the industry's ecosystem. David Fitzgerald/Sportsfile via Getty Images Oculus founder Palmer Luckey...
Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts apparently include closing down some of its VR gaming studios. It "appears" Twisted Pixel...
US President Donald Trump threatened to impose 200 percent tariffs on French wines and Champagnes on Monday evening, a measure he said was intended to convince his French counterpart Emmanuel Macron t...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
Allocations are up, personal holdings are up and recommendations are up across the board according to the latest Bitwise survey....
Meta has made the decision to discontinue Workrooms as a standalone app Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images Meta is switching off Horizon Workrooms as a stand-alone...
Donald Trump has warned of steep tariffs on French wine and champagne as he presses France's president Emmanuel Macron to join a US-led "Board of Peace." Paris has signalled that it does not plan to j...
While markets appeared barely fazed by the fate of Venezuela's oil industry, they are considerably more nervous about the potential impact of internal unrest and foreign escalation when it comes to Ir...
Chip Somodevilla/Getty Images; SAUL LOEB/Getty Images; Tom Williams/Getty Images; Tyler Le/BI The Supreme Court is set to hear arguments over whether Trump can fire Fed board member Lisa Cook. The ora...
Across tech, pressure on workers to perform comes as leaders wait for AI bets to pay off. Getty Images; Alyssa Powell/BI Big Tech firms like Amazon and Meta are doubling down on worker oversight and p...
Two months before it changed its name to "Meta," Facebook CEO Mark Zuckerberg personally introduced us to his metaverse for work : Horizon Workrooms, envisioned as a virtual space for workers to colla...
Netflix has updated the acquisition terms for its Warner Bros. Discovery offer to an all-cash deal , replacing its initial $82.7 billion cash and stock agreement. The changes are designed to expedite ...
Getty Images; Alyssa Powell/BI This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . First came efficiency. Then came i...
Global warming means hope of limiting increase to 1.5C is now ‘unrealistic’, says NBIM’s head of governance...
Microsoft, Meta, Amazon, Perplexity, and Mistral AI have joined Google in paying the Wikimedia Foundation for access to its projects, including Wikipedia's vast collection of articles. The Wikimedia F...