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‘RAMageddon’: is the era of cheap phones and laptops over?

Bargains are disappearing and the cost of gadgets such as MacBooks and PS5s is rising as AI competes for memory chipsThe end of the cheap laptop, the bargain phone and affordable games consoles may be on the horizon. Not because new models are more hi-tech, but because the cost of computer components has shot up.Recently, […]

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Global finance watchdog warns over private credit industry fuelling AI boom

Financial Stability Board report reveals tech, healthcare and services sectors as the biggest borrowersThe private credit industry’s role in fuelling the AI boom could backfire, with a sharp correction leading to “sizeable” losses, the Financial Stability Board has warned.A new report into private credit by the global watchdog, which monitors financial authorities including central banks

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‘Think before sharing,’ Giorgia Meloni says as AI-made lingerie image of her goes viral

Italian prime minister had received wave of criticism from people who believed deepfake pictures of her were realItaly’s prime minister, Giorgia Meloni, has criticised the circulation of AI-generated deepfake images of her, including one depicting her in lingerie, after they were widely shared online.Meloni wrote on Facebook on Tuesday: “In recent days, several fake images

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Vine video-sharing app is back – and battling AI slop

Twitter co-founder Jack Dorsey is backing new version of app called Divine, where content must be made by a humanAs a pioneer of the short-form video format, Vine has been credited as one of the most influential – if short-lived – social media platforms.The app, which allowed users to record a looping six seconds of

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GameStop makes $55.5bn takeover offer for eBay

Video game retailer’s CEO warns that unsolicited bid could turn hostile if it is rebuffed by resale site’s board US video games retailer GameStop has offered to buy eBay for $55.5bn (£41bn) in an unsolicited bid that its boss warned could turn hostile if the proposal is rebuffed by eBay’s board.GameStop, which has quietly accumulated

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Democrats are counting on Trump’s unpopularity to save them. It won’t | Osita Nwanevu

Yes, Trump might carry them to victory in the midterms. But he can’t carry them much longer – especially not in the 2028 electionsAll told, Democrats already seem as though they’re headed for a great midterm election. Voters already troubled by the state of the economy now have the impacts of Donald Trump’s teeter-tottering war

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Flaws in Kenya’s AI-driven health reforms driving up costs for the poorest

Exclusive: amid unrest, President William Ruto promised to give all Kenyans access to healthcare. But the algorithm favours the rich, an investigation has found An AI system used to predict how much Kenyans can afford to pay for access to healthcare, has systemically driven up costs for the poor, an investigation has found.The healthcare system

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Fashion’s Faustian pact: the high cost of Jeff Bezos’s Met Gala patronage

Billionaire’s role as honorary chair and main source of funding has led to boycotts and criticism event has lost its cacheThe Met Gala in New York is the grandest and ritziest event in the fashion calendar, and an indicator of the growing ties between designers, celebrity and power. But with tech billionaires now joining the

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‘Temu Range Rover’: what the best-selling Jaecoo 7 says about China’s electric car ascendancy

Loaded with extras and produced at a cut price, the crossover SUV has overtaken rival cars from US, Japanese and Korean firmsThe UK is no stranger to foreign cars. The bestseller lists in recent years have been dominated by the US’s Ford Puma, Japan’s Nissan Qashqai, Korea’s Kia Sportage and occasionally even Tesla’s Model Y.But

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Tim Cook takes victory lap as Apple’s financial results soar past Wall Street expectations

Company details $111.2bn in revenue in first earnings report after announcement of Cook’s pending departureApple blew past Wall Street expectations in its first earnings report since it announced CEO Tim Cook would be stepping down.Cook shared his thoughts about the leadership transition on Thursday, saying: “There’s no one on this planet I trust more to

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