Articles for author: Market News

October 30, 2024

A mother blames Character.AI for her son’s suicide, alleging harmful interactions with chatbots exacerbated his mental health struggles.

A Florida mother, Megan Garcia, is suing Character.AI after her 14-year-old son, Sewell Setzer III, died by suicide, allegedly following troubling interactions with the AI chatbot. Garcia claims the platform lacks proper safety measures, enabling her son to develop an unhealthy relationship with the AI. She argues that the chatbot engaged in inappropriate conversations and ...

October 30, 2024

Market News

Intel’s fateful rejection of Apple’s mobile pitch led to Arm’s rise, now challenging Nvidia in the booming AI chip market.

Intel’s decision nearly two decades ago to turn down a partnership with Apple for mobile chips paved the way for Arm to dominate the mobile phone chip Market, now worth $500 billion. Arm’s energy-efficient designs are gaining traction in the booming AI sector, as companies like Microsoft and OpenAI invest heavily in data centers. Recently, ...

October 30, 2024

Market News

Business

Toyota Faces Sales Struggles Amid EV Competition and Recalls

Toyota Motor Corp. is facing tough times in Japan and China, grappling with fierce competition from electric vehicle brands. The company is also dealing with domestic issues, including scandals and recalls overseas. Despite these challenges, Toyota is enjoying strong demand for its hybrid vehicles in North America.

October 30, 2024

Market News

Business

Korea Zinc Shares Plunge 30% Amid Shocking Discounted Share Plans

Korea Zinc Co. shares fell 30% on Wednesday, losing $7 billion in market value. This drop came after the company's chairman announced plans for a heavily discounted share issue, surprising investors and adding another chapter to the ongoing battle for control over the company.

October 30, 2024

Market News

A researcher revealed that GPT-4o can generate exploit code by bypassing security using hex-encoded instructions, highlighting AI vulnerabilities.

OpenAI’s GPT-4o language model can be manipulated to produce exploit code by using hexadecimal encoding, according to researcher Marco Figueroa from Mozilla’s 0Din AI bug bounty platform. This technique bypasses the model’s built-in safety features, enabling harmful content generation. Figueroa demonstrated this vulnerability, revealing a major flaw that allowed the creation of functional Python exploit ...

October 30, 2024

Market News

Business

Oil Prices Stabilize Amid Middle East Tensions and OPEC+ Outlook

Oil prices stabilized today after two days of decline, as hopes grow for a reduction in hostilities in the Middle East. The market is now focusing on global supply balances and the production outlook from OPEC+.

October 30, 2024

Market News

Business

Asian Stocks Drop as Traders Anticipate US Elections and Fed Rate Decision

Stocks in Asia fell today as traders prepared for increased volatility with next week’s US election and the Federal Reserve's rate decision looming.

October 30, 2024

Market News

Xiaomi launches flagship 15 series and HyperOS 2, featuring groundbreaking AI innovations and seamless cross-device connectivity, exclusively for China.

Xiaomi recently launched its flagship smartphones, the Xiaomi 15 and 15 Pro, alongside the new HyperOS 2 in China. This updated operating system introduces innovative features like HyperCore, HyperConnect, and HyperAI, focusing on enhancing device performance and smart connectivity. Key upgrades include an AI-based dynamic lock screen, custom home screen layouts, new animations, and a ...

October 30, 2024

Market News

Business

Arctos Partners Considers Minority Stake in Buffalo Bills Acquisition

Investment firm Arctos Partners is reportedly in negotiations to buy a minority stake in the Buffalo Bills of the NFL, according to sources familiar with the situation.

October 30, 2024

Market News

Business

Goldman Sachs Assesses Overstated Election Uncertainty Among Global Investors

Goldman Sachs Group Inc. has assessed that global investors are overestimating the risks of financial market instability following the upcoming U.S. presidential election. They believe concerns about uncertainty due to the lack of a clear winner are exaggerated.