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US financial regulation
Accounting firms hit with record US fines over audit failures
...The $500,000 fine on KPMG in Japan was for failures in its system for checking audit quality, the PCAOB said....
November 15, 2023
FT CollectionsTech Exchange
Aidan Gomez: AI threat to human existence is ‘absurd’ distraction from real risks
...There, he worked with Lukasz Kaiser on creating a neural network capable of training machines to learn to do “everything”, rather than using different models to learn different tasks....
June 16, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Artificial intelligence
Big tech companies cut AI ethics staff, raising safety concerns
...Its past work included fixing a bias in the Twitter algorithm, which appeared to favour white faces when choosing how to crop images on the social network....
March 29, 2023
Driverless vehicles
China challenges the west for driverless car supremacy
...While such networks have been criticised internationally for enabling mass surveillance by China’s security agencies, the networks give driverless car developers a distinct advantage compared with other...
January 31, 2024
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...In September, Discover agreed to improve its consumer compliance management system under a consent order from the FDIC....
February 22, 2024
Google LLC
Google engineer charged with AI secrets theft while working for Chinese groups
...The indictment, which was unsealed in a California federal court on Wednesday, alleged that Ding “began secretly uploading trade secrets that were stored in Google’s network” between May 2022 and May 2023...
March 6, 2024
FT Live
Investing in Piauí – Brazil
Exploring business opportunities and delivering sustainable growth
Friday, 17 May22 Vanderbilt, Madison Avenue, New York, NY, USA
Google LLC
Google adverts appear on sanctioned sites, according to report
...sharing little about how these systems work....
November 28, 2023
Google LLC
Google to pay $700mn in antitrust settlement over Android app store
...At issue in the case were Google’s contracts with smartphone makers, network operators and game developers, which the US states alleged shut down competitors to the Play Store....
December 19, 2023
John Thornhill
Digital advertising is still far too murky
...Ironically, the widespread adoption of machine learning systems is enabling marketers and the digital ads platforms to create and serve more targeted and personalised ads than ever before and on a massive...
December 7, 2023
Big Tech
Big Tech boosts profits by $10bn with accounting change to server life estimate
...The companies have warned investors they will make major investments in their technical infrastructure this year as they develop cutting-edge generative AI systems....
February 5, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...Ericsson’s Finnish rival Nokia has taken a similar approach, launching its ReefShark line of system-on-chip (SoC) products in 2018....
March 14, 2024
Unhedged
What Big Tech antitrust gets wrong Premium content
...Carriers big and small are hooked into the same system....
January 19, 2024
InterviewEpic Games Inc
Epic Games chief concerned Google will ‘get away’ with app store charges
...“It was just really heartening to see that the justice system worked so well in the end.”...
December 16, 2023
On Wall StreetWilliam Cohan
The deals that show how lucrative private equity can be
...At the time, there was one brand — Burger King — with a network of 12,000 outlets across 70 countries. So-called system sales from all the outlets that used the brand were $15bn....
December 16, 2023
Google LLC
Google chief Sundar Pichai grilled on the stand in Epic’s app store lawsuit
...Epic claims Google struck restrictive deals with smartphone makers and mobile networks to ensure no serious rivals to its own store emerged....
November 14, 2023
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Cryptofinance
US watches Russian crypto activity ahead of election Premium content
...Going back even further, US authorities alleged in 2020 that Russian national Artem Lifshits managed an operation named Project Lakhta designed to sow distrust in the US political system....
March 22, 2024
Google LLC
Google loses antitrust lawsuit against Epic over its app store
...What distinguishes Google from Apple, which makes the iPhone, is that Google does not control the hardware that uses its operating system....
December 12, 2023
Vice Media Inc
Vice Media files for bankruptcy protection ahead of sale
...Many digital start-ups were reliant on large tech platforms for traffic and referrals....
May 15, 2023
News in-depthWar in Ukraine
The decoy weapons leading Russian forces astray in Ukraine
...“This involved dummy camps and equipment being built in England, fake radio networks being established, misleading stories being published in newspapers and fake commanders being installed in charge of a...
September 22, 2023
Space industry27 min
Moon rush: the launch of a lunar economy | FT Film
...Someone will have to build the landing pads, the power stations, and communications networks needed for these permanent bases....
October 19, 2023
Ruchir Sharma
What’s wrong with tech giants riding the AI wave
...The fact that giants are dominating another wave of tech innovation points to deep dysfunction in the system....
July 30, 2023
YouTube Inc
Advertising industry seeks refunds over YouTube skippable ads
...Adalytics, a digital ads analysis group, has conducted research into YouTube’s “TrueView” system, through which users can skip watching an advert after five seconds....
June 29, 2023
News in-depthApple Inc
Apple beefs up smartphone services in ‘silent war’ against Google
...This is a direct challenge to Google Maps, which partners with recommendations platform Yelp to offer similar information and makes revenues from advertising and referral fees....
January 25, 2023
News in-depthArtificial intelligence
Why AI’s ‘godfather’ Geoffrey Hinton quit Google to speak out on risks
...If you’re going to live in a capitalist system, you can’t stop Google competing with Microsoft.”...
May 5, 2023
The Big Read
Here come the driverless taxis
...Tesla’s Musk has recognised the same dilemma, as the electric vehicle maker tries to evolve its “Autopilot” driver-assist technology into its own robotaxi network....
August 18, 2023

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