Latest
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Smartphones
Parents – are you using your phone too much?
Many parents are worried about how much time their children are spending on screens, and whether it's bad for them.
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AI
Opinion: What do students lose when they stop writing?
Educators are worried that many students can no longer write essays without AI. And it's costing more than just grammar skills.
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Smartphones
How you can learn to regain your focus and practice paying attention
When was the last time you actually finished reading something without repeatedly checking your phone?
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Technology
OpenAI cuts developer pricing for frontier GPT-5.6 Sol model by more than 20%
Aug 21 (Reuters) - OpenAI said on Friday it is cutting the prices of its frontier GPT-5.6 Sol model for developers by more than 20% for the next three months, as the ChatGPT maker faces growing competition from Anthropic and Chinese AI models.
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Technology
SEC charges former Bank of America investment banker with insider trading
NEW YORK, Aug 21 (Reuters) - The U.S. Securities and Exchange Commission on Friday charged a former senior Bank of America investment banker with insider trading, alleging he tipped a longtime friend and former colleague about a pending merger, allowing the friend to make $18.5 million of illegal profit.
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Technology
TikTok agrees to $400 million US children's privacy settlement
WASHINGTON, Aug 21 (Reuters) - TikTok and its Chinese parent company ByteDance on Friday agreed to a $400-million settlement to resolve the U.S. Justice Department's allegations the short-video app violated children's online privacy.
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Technology
Apple paid 40% of its global taxes to Ireland in last fiscal year
DUBLIN, Aug 21 (Reuters) - Apple paid Ireland $17.1 billion in taxes last year, representing around 40% of its worldwide total, according to a company filing that detailed the iPhone maker's global tax liabilities country-by-country.
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Technology
Nvidia invests in data center developer Cloverleaf Infrastructure
Aug 21 (Reuters) - Nvidia has made a minority investment in privately held Cloverleaf Infrastructure to develop infrastructure to power AI data center projects across the U.S., the companies said on Friday.
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Technology
Apollo Global reveals data breach after hackers target financial firms
Aug 21 (Reuters) - Asset manager Apollo Global Management suffered a data breach last month in which hackers stole some personal information, according to a letter on Friday.
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Technology
Chinese flash-memory chipmaker YMTC plans to raise $4.9 billion in Shanghai IPO
BEIJING, Aug 21 (Reuters) - Chinese chipmaker Yangtze Memory Technologies Corp's (YMTC) application to list its shares in Shanghai has been accepted by the financial hub's stock exchange, filings showed on Friday
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Technology
Eric Trump-backed Space-Eyes to appoint ex-Delta Force officer and ex-banker, sources say
NEW YORK, Aug 21 (Reuters) - Drone technology company Space-Eyes, backed by Eric Trump, will appoint a former Delta Force officer, a former investment banking chief and two others to its post-merger board as it prepares to become a public company, it said in a statement on Friday, confirming a Reuters report.
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Technology
Exclusive-Dutch regulator fines Uber $966 million for automating driver suspensions
AMSTERDAM, Aug 21 (Reuters) - The Dutch Data Protection Authority has fined Uber €825 million ($966 million) for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters.
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Technology
Analysis-US corporate AI debt surge tests investor limits as fatigue emerges
NEW YORK, Aug 21 (Reuters) - The wave of debt issuance funding the artificial-intelligence buildout is testing the limits of investor demand, with some large bond buyers warning that the market is showing signs of indigestion.
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Technology
How Tether's bitcoin mining plans in Uruguay unraveled
MONTEVIDEO/PARIS, Aug 21 (Reuters) - Uruguay seemed like the perfect place for cryptocurrency giant Tether to launch a bitcoin mining operation.
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AI
Majority of workers hesitate to admit using AI. Leaders may be teaching them to hide it
The contradiction creates shadow AI and makes preventable mistakes harder to catch.
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Technology
India orders removal of Google Firebase accounts after spotting scam pattern
BENGALURU, Aug 21 (Reuters) - India has directed Google to shut down hundreds of accounts on its Firebase web development platform after finding a pattern of criminals misusing the service to impersonate major banks and defraud people, according to government notices and a source familiar with the matter.
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AI
Schools are starting to teach AI literacy. For many, that means helping kids see chatbots' flaws
Artificial intelligence chatbots have become the bane of teachers everywhere, but to prepare for the new school year, a group of educators in Charleston, South Carolina, packed into a high school auditorium and talked about inviting AI into the classroom.
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Technology
Samsung SDI says to sell $3.2 billion worth of Samsung Display shares back to display maker
SEOUL, Aug 21 (Reuters) - Samsung SDI said on Friday it will sell 13.09 million shares in affiliate Samsung Display to the display maker for about 4.45 trillion won ($3.21 billion), to raise funds for investments in future growth engines.
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Driverless vehicle
Alphabet’s Waymo has built a custom chip for its robotaxis
Alphabet Inc's Waymo has built a custom chip that the company said will improve the performance of its robotaxis, while also diversifying its chip supply beyond third-party companies such as Nvidia Corp.
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Cybersecurity
Update your Mac now: Hackers are actively exploiting a critical flaw to mine crypto
Apple has already released patches for the vulnerability. Crypto mining may just be the tip of the iceberg.
