Following the prosecution of FTX founder Sam Bankman-Fried, lawyers representing Caroline Ellison, the star witness in the case, are advocating for no prison time for their client. They argue that Ellison should, at most, be sentenced to time served and supervised release due to her prompt return to the U.S. from FTX’s Bahamas headquarters in
Enterprise
The recent announcement by the U.K. government to class data centers as critical infrastructure marks a significant step in boosting cybersecurity within the country. By granting them the “Critical National Infrastructure” designation, data centers now join key sectors such as energy, nuclear power, defense, space, and emergency services. This move is aimed at enhancing collaboration
The landscape of generative artificial intelligence has traditionally been dominated by big U.S. companies like OpenAI, Alphabet’s Google, and Meta. However, in recent times, Chinese tech giants such as Alibaba, Tencent, Baidu, and Huawei have stepped up their game by launching their own AI models. This move signifies China’s ambitions to establish itself as a
The technology industry in the United Kingdom is facing challenges when it comes to global commercialization. According to Warren East, former CEO of Arm, a British chip design firm, there is a need for a mindset shift within the investor community to compete on the world stage. East highlighted the criticisms of lackluster growth and
Northvolt, a prominent battery producer in Europe, recently announced significant changes to its operations. The company plans to cut jobs, shut down some sites, and engage in discussions with partners and investors, all in an effort to secure the future of its facility in Poland. The decision comes after a strategic review of the business,
The Try Guys, a popular YouTube creator group, have made a significant shift in their revenue strategy by launching their own standalone streaming service, 2nd Try. This move has allowed them to move away from the uncertainties of Google’s algorithms and ad revenue. By partnering with brands, creating sponsored content, and offering exclusive content behind
Roblox, the widely popular gaming platform for kids, is undergoing a significant transformation in its monetization strategy. In a recent announcement, the company revealed that game developers will now have the option to charge users real money for access to certain games, marking a departure from the traditional reliance on the platform’s digital currency, Robux.
Amazon, the e-commerce giant, is facing scrutiny over its relationship with contracted delivery drivers. According to a regional director for the National Labor Relations Board (NLRB), Amazon should be considered a “joint employer” of some of its contracted delivery drivers. This determination came after the NLRB reviewed two unfair labor practice charges filed in January,
Two U.S. Consumer Product Safety Commission members, Peter Feldman and Douglas Dziak, have raised concerns about the safety practices of “foreign-owned” e-commerce platforms like Shein and Temu. These commissioners have specifically called for an investigation into the alleged sale of “deadly baby and toddler products.” This raises serious questions about the safety and compliance controls
As the world of technology advances, many hotel chains are making efforts to switch from traditional plastic room keys to digital options, such as Apple Wallet and Google Wallet apps. This transition has been expedited due to the impact of the pandemic, where touchless trends became the norm. Additionally, concerns over cybersecurity have driven the