Sci-Tech

Bitcoin leaps to record high as traders lean towards Trump victory

Bitcoin leaps to record high as traders lean towards Trump victory

Bitcoin surged to a record high in Asian trade as investors leaned towards Donald Trump winning the US presidential election. The world's biggest cryptocurrency rose 7 per cent to $75,060, topping March's peak, with the prospect of Trump's return to the White House seen ushering in a softer line o

South Korea fines Meta about $15m over collection of user data

South Korea fines Meta about $15m over collection of user data

South Korea has ordered Facebook owner Meta Platforms to pay 21.62 billion won ($15.67 million) in fines after finding it had collected sensitive user data and given it to advertisers without a legal basis, Seoul's data protection agency said. The US tech giant obtained information from about 980,

Meta to extend ban on new political ads after US election

Meta to extend ban on new political ads after US election

Meta Platforms will extend its ban on new political ads after the US election, maintaining the suspension until later this week, the Facebook parent said in a blog post on Monday. In response to the rampant spread of misinformation during the previous presidential election, tech firms are maintain


Microsoft's AI demand under scrutiny as investors seek payday

Microsoft's AI demand under scrutiny as investors seek payday

Microsoft is expected to report its slowest quarterly revenue growth in a year on Wednesday, while investors await signs of AI demand amid growing worries about the slow payoff from hefty investments in the technology. The software giant is widely seen as the front-runner in the race to capitalize

Meta Platforms to use Reuters news content in AI chatbot

Meta Platforms to use Reuters news content in AI chatbot

Meta Platforms said on Friday its artificial intelligence chatbot will use Reuters content to answer user questions in real time about news and current events, the latest AI tie-up between a big technology company and a news publisher. Neither Meta nor Reuters-parent Thomson Reuters disclosed the

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