FTC claims younger people most hit by social media scams
Social media scams are costing people billions of dollars, with younger people hit hardest, according to the U.S. Federal Trade Commission (FTC). In the first six months of 2023, people lost more than $658 million to social media fraud, with investment scams accounting for the largest share (53%), followed by romance scams (14%). Younger people […]
Europe to launch first ARM-powered exascale supercomputer
Europe is poised to launch the world’s first ARM-powered exascale supercomputer, Jupiter. The project is a collaboration between the European High-Performance Computing Joint Undertaking (EuroHPC JU), computing firms Eviden and ParTec, and chipmakers SiPearl and Nvidia. Jupiter will be installed at the Jülich Supercomputing Centre in Munich, Germany, and is scheduled to begin assembly in […]
IBM CEO Krishna backtracks on AI job loss comments
IBM CEO Arvind Krishna has appeared to backtrack on recent controversial comments about AI-related job losses. In an interview with CNBC in August, Krishna suggested that generative AI tools could lead to job losses, particularly in back-office and white-collar roles. However, in a speech this week, Krishna said that IBM has no intention of laying […]
Hinton reveals complex realities of AI
Geoffrey Hinton, a pioneer in artificial intelligence (AI), sat down with 60 Minutes to discuss the potential benefits and risks of AI for humanity. Hinton, who is often called the “Godfather of AI,” believes that AI has the potential to revolutionize many aspects of our lives, from healthcare to education to transportation. However, he also […]
23andMe users’ data leaked in dark web attack
23andMe, a genetic testing company, has announced that it believes some of its users’ data was compromised in a credential-stuffing attack. In a credential-stuffing attack, hackers use stolen usernames and passwords from other websites to gain access to user accounts on other websites. The attacker behind the incident has leaked an initial sample of 1 […]