Business

Auto Added by WPeMatico

Global cooperation needed to tackle AI threats, says Bank of England governor

Andrew Bailey warns that US will not be able to achieve its ambitions aloneThe Bank of England governor has called for international cooperation to tackle growing AI threats, warning that the US and Trump administration would not be able to achieve their ambitions alone.Andrew Bailey’s comments come weeks after the US president, Donald Trump, temporarily […]

Global cooperation needed to tackle AI threats, says Bank of England governor Read More »

IBM loses quarter of its value as tech giant’s shares plunge and profits falter

IBM issued profit warning after weak second quarter, triggering selloff in software sector including MicrosoftShares in IBM plunged more than 25% on Tuesday after the US tech giant released disappointing preliminary second-quarter results. IBM’s stock was on track for an even steeper single-day decline than it suffered during ⁠the 1987 “Black Monday” crash.IBM had issued

IBM loses quarter of its value as tech giant’s shares plunge and profits falter Read More »

The New York nurses replaced by AI: ‘It should concern every patient who cares about quality of care’

The union for 12 nurses laid off by Montefiore hospital say company broke contract they recently won through a strikeMarilyn Shuler has worked as a utilization review nurse for 39 years at Montefiore hospital in the Bronx in New York City, helping to read patient charts and communicate with insurance companies over coverage.After nearly four

The New York nurses replaced by AI: ‘It should concern every patient who cares about quality of care’ Read More »

Datacentres drive emissions of Microsoft, Amazon and Google to half those of France

All three companies say they still aim to achieve net zero carbon output despite construction boomMicrosoft, Amazon and Google’s collective carbon emissions have increased by nearly a fifth in the past year, driven largely by datacentre construction.In the financial year ending March 2026, the three tech companies emitted 119m mTCO₂e (metric tonnes of carbon dioxide

Datacentres drive emissions of Microsoft, Amazon and Google to half those of France Read More »

Safe from AI: which jobs will help you thrive in the future?

Experts say there will still be opportunities ahead in everything from teaching to hotels and the lawEntering the world of work often brings some uncertainty, but now there is another question: how can I AI-proof my career?We asked people from across various industries what they think the impact of AI will be on careers, and

Safe from AI: which jobs will help you thrive in the future? Read More »

Netflix reportedly among parties in talks to buy Letterboxd

Sony Pictures and Paramount are said to also be among potential buyers for the film-focused social platformLetterboxd is reportedly in talks with potential buyers.The owners of the popular social platform for movies are discussing a sale with companies including Netflix, Sony Pictures and Paramount, according to the industry newsletter Puck. Continue reading…

Netflix reportedly among parties in talks to buy Letterboxd Read More »

Bank of England handed powers to regulate key tech firms including Amazon and Google

Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economyThe Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers.From Monday, the Bank

Bank of England handed powers to regulate key tech firms including Amazon and Google Read More »

Alarm over launch of facial recognition in UK shops that instantly alerts police

Civil liberties groups say Facewatch system in stores such as Sainsbury’s and B&M is ‘dangerous escalation’Facial recognition technology in shops will soon alert police in real time to the presence of serious offenders, with civil liberties groups warning of a “dangerous escalation” towards surveillance and criminalisation in the retail sector.Facewatch, a facial recognition system used

Alarm over launch of facial recognition in UK shops that instantly alerts police Read More »