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UK manufacturers face rising hacking risk as survey shows 30% were hit last year

Big companies describe being under constant threat but only half have a plan in place to respond to an attackNearly a third of British manufacturers have been hit by a cyber-attack on them or a company in their supply chain, according to a survey that highlighted the growing hacking risk to companies.The findings come almost […]

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AI push is putting banks at mercy of tech firms, warns Moody’s

Finance sector will gain from the tech but it will need substantial investment and create risks, says rating agencyThe rating agency Moody’s has said the race to adopt AI is putting big banks at the mercy of a small group of Silicon Valley firms, leaving them vulnerable to widespread outages and price gouging by profit-hungry

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Trump orders new 15% tariff on key material for solar panels and microchips

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producerDonald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China.The new tariff, which will take effect on 4 December,

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ICE’s DNA Collection Increases, SpaceX’s Rocket Crashes Into the Moon, and the AI Backlash Grows

In today’s episode of Uncanny Valley, we discuss how ICE has been collecting DNA samples of people with no criminal convictions, including children, which end up in an FBI database indefinitely.

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Lloyds Bank should publish the human cost of its AI savings | Letters

Banks should factor in the time spent by humans checking invented facts, writes Dr Gleb TsipurskyYour report (Lloyds Bank to cut £2bn in costs as part of AI-powered strategy, 30 July) raises a question that financial targets alone cannot answer: who absorbs the work when automation fails?Banks often count the minutes saved by the employee

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‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo

Quarterly profit jump fuelled largely by unknown US refund amount as Japanese video game giant records overall sales drop Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs.The company said profits surged 53.5% to ¥147.4bn (£694m) over the three months

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Big shake-up in Google’s AI team as DeepMind chief executive steps down

Two senior engineers are leaving company to launch startup amid fears Google is falling behind in AI raceSir Demis Hassabis is stepping down as chief executive of Google DeepMind, in a leadership overhaul of the UK-based AI research lab.Hassabis, a Nobel prize recipient, is leaving his main managerial role to become chair of DeepMind –

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