Technology sector

TikTok owner sacks intern for allegedly sabotaging AI project

The owner of TikTok has sacked an intern for allegedly sabotaging an internal artificial intelligence project.ByteDance said it had dismissed the person in August after they “maliciously interfered” with...

CEO says Post Office should be stripped of responsibility for compensation

The chief executive of the Post Office has said that the state-owned body should be stripped of any...

Nvidia Stock Soars to Peaks Amid AI Chip Demand

Amid growing interest in artificial intelligence stocks, Nvidia’s stock price has surged, currently sitting at $132.13—just less...

Google faces US government attempt to break it up

The US government may ask a judge to force the breakup of Google’s business as it attempts to...

Rio Tinto to buy US lithium producer Arcadium in $6.7bn deal

Rio Tinto is to buy the US company Arcadium Lithium for $6.7bn (£5.1bn), in a huge bet on...

Google facing US government attempt to break it up, court filing shows

The US government may ask a judge to force the breakup of Google’s business as it attempts to challenge the tech corporation’s monopoly over...

HSBC calls on tech firms to help refund victims of fraud

HSBC has thrown its weight behind calls for tech firms to pay up for fraud, saying incoming compensation rules requiring banks to reimburse scam...

Global AI fund needed to help developing nations tap tech benefits, UN says

Governments and private companies should contribute to a global artificial intelligence fund that will allow developing nations to benefit from advances in the technology,...

Apple loses EU court battle over €13bn tax bill in Ireland

Apple has lost a high-profile, €13bn (£11bn) Irish tax battle with Brussels in a decision that will bolster the European Commission’s efforts to clamp...

BP extends use of AI in five-year deal with spy tech firm Palantir

The oil and gas supermajor BP is to use artificial intelligence to speed up the decision-making of its engineers, after signing a five-year deal...

‘Throuples’ dating app Feeld nearly doubles turnover to £39.5m

A dating app aimed at alternative relationships nearly doubled its revenues last year as non-monogamous, queer and kinky users helped the UK-based business expand...