Nico De Pasquale Photography | Moment | Getty Images So-called connected cars, vehicles equipped with internet access, are becoming the norm, and their proliferation is sounding the alarm for consumer data privacy advocates. By 2030, more than 95% of the passenger cars sold are likely to have embedded connectivity, according to Counterpoint Technology Market Research. … Read more
The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO bankers may finally have a reason to break out the champagne after an extended drought was broken up this week with the market debuts of … Read more
Terry Vine | Getty Images Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study. By 2050, three-quarters of countries are forecast to fall below the population replacement birth rate of 2.1 babies per female, research published … Read more
Pressures on major mergers and acquisitions could collapse blockbuster Capital One-Discover deal. Mergers and acquisitions (M&A) are an integral part of investment banking infrastructure, but pressure on major moves could cost prospective business ventures at the highest level. Capital One and Discover’s blockbuster banking deal is one such merger that faces intense pressure from advocacy … Read more
The Justice Department’s top antitrust official said Friday that Apple shareholders should encourage the company to “compete on the merits,” one day after the government sued the iPhone maker over allegedly anticompetitive practices. “Competition on the merits is good for everybody,” Jonathan Kanter, assistant attorney general for antitrust, said on CNBC’s “Squawk Box.” “Good for … Read more
Countries at the meeting of the United Nations’ International Maritime Organization in London signed a deal for shipping emissions to reach net zero “by or around” 2050. Ucg | Universal Images Group | Getty Images Two weeks of talks at the United Nations shipping agency concluded in London on Friday, with a clear majority of … Read more
The SpaceX logo is shown on a Falcon 9 rocket as it is prepared for launch to carry NASA’s SpaceX Crew-8 astronauts Matthew Dominick, Michael Barratt, and Jeanette Epps, and Roscosmos cosmonaut Alexander Grebenkin to the International Space Station at the Kennedy Space Center, in Cape Canaveral, Florida, U.S., March 2, 2024. Joe Skipper | … Read more
Britain’s Catherine, Princess of Wales and Britain’s Prince George of Wales (L) leave after attending the Royal Family’s traditional Christmas Day service at St Mary Magdalene Church on the Sandringham Estate in eastern England, on December 25, 2023. Adrian Dennis | Afp | Getty Images LONDON — An online frenzy over the U.K.’s Royal Family … Read more
Tennessee became the first U.S. state to protect musicians from AI that could clone and manipulate their voices, creating deepfakes, without permission. Tennessee Governor Bill Lee signed the Ensuring Likeness Voice and Image Security (ELVIS) Act into law on Thursday, adding the unauthorized use of a person’s voice to Tennessee’s list of protected rights. The … Read more
Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup that’s taking on OpenAI. One country that’s being left out: Saudi Arabia. As bankers line up a group of potential new Anthropic backers, the company has ruled out taking money from the Saudis, according to … Read more
