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A US agency said it won a court order for a $12.7 billion judgment against FTX and affiliate in the wake of the scandal involving former chief Sam Bankman-Fried, shown in December 2022

US Orders FTX, Alameda To Pay $12.7 Bn To Victims

Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.
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TikTok Lite arrived in France and Spain in April this year

TikTok, Bowing To EU, Withdraws Rewards Programme

TikTok will permanently remove a feature in a spinoff app in France and Spain that rewards users for watching and liking videos, bowing to pressure from European regulators, the EU and the Chinese-owned company said Monday.
Meta founder and CEO Mark Zuckerberg argues that making the tech giant's AI software open to outside developers helps guard against the technology being limited to powerful companies or nations

Mark Zuckerberg, AI's 'Open Source' Evangelist

Mark Zuckerberg, the founder of Facebook and CEO of Meta, has become an unexpected evangelist for open source technology when it comes to developing artificial intelligence, pitting him against OpenAI and Google.
Elon Musk has overhauled X including changing its name from Twitter since his purchase in 2022

Musk's X 'Deceives' Users With Blue Checks, EU Charges

Tech billionaire Elon Musk's X platform is misleading users with its blue checkmarks for certified accounts, and is also violating EU content rules, Brussels said Friday, in a finding that could lead to hefty fines.
Mashiro (L) cheering with his friend after they arrive at a stadium using an app with ChatGPT for directions

AI Accessibility? Blind Gamer Puts ChatGPT To The Test

Japanese eSports gamer Mashiro is blind and often relies on a companion to get around Tokyo -- but he hopes that artificial intelligence, hailed as a promising tool for people with disabilities, can help him travel alone.
A delegate at the FireEye Cyber Security Summit uses his laptop during a break in sessions at a venue in Sydney, Australia

Home Affairs Orders Tech Audit To Counter Foreign Interference Threats

Communications Minister Michelle Rowland stated that stocktaking could be an ongoing process. "This I actually think going forward, given the threat level, given the amount of concern over foreign interference, this is may well be something that continues into the future, and rightly so."
Humanoid robots on  display at the World Artificial Intelligence Conference in Shanghai

Chinese AI Market Optimistic Despite Scrutiny From West

China's AI sector showed confidence this week at a major fair in Shanghai that it would overcome restrictions imposed by the West, with companies rolling out cutting-edge products developed by a growing pool of young talent.

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