What is Davos and why is it important? Your guide to the World Economic Forum’s annual meeting
At any other time of the year, Davos is unremarkable other than being a popular ski resort high in the Swiss Alps. But for one week in January, it becomes the focus of the world’s attention as the global elites…
Half of the European Union and one-third of the world face recession in 2023, IMF warns
For a third of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakening activity, said the head of the International…
Russia risks causing new year IT worker flight with remote work law
Russia’s buffetted IT sector risks losing more workers in the new year because of planned legislation on remote working, as authorities try to lure back some of the tens of thousands who have gone abroad without prompting them to cut…
Meta set to make decision on Trump’s return to Facebook – FT reports
Facebook owner Meta is preparing to announce whether it will allow former US President Donald Trump back on to Facebook and Instagram, the Financial Times reported on Sunday. The social media giant had previously said it will decide by Jan…
AI’s challenges in 2023: ChatGPT 4, combatting climate change and less bias
Artificial intelligence got creative in 2022, generating impressive text, videos and pictures from scratch. It is also our top tech prediction for 2023. But aside from being a source of fascination, it is also one of fear. Beyond writing essays…
2023 tech predictions: AI writers, testing crypto times and ‘be ready’ for EU Big Tech regulation
While predicting the year ahead should be taken with a handful of salt, some indications of what could be in store for the technology sector in 2023 have emerged. Artificial intelligence (AI) has surfaced as a big player this year,…
Elon Musk’s Tesla overtakes Meta to become the worst-performing valuable tech stock of 2022
Electric car maker Tesla is ending the year on a bump after its shares fell to the lowest in two years, beating Meta to become the worst-performing stock in 2022 of the most valuable tech companies. It comes as Elon…
FTX customers file class action lawsuit against the failed crypto exchange and former top execs
FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a declaration that the company’s holdings of digital assets belong to customers. The lawsuit is the latest…
FTX founder Sam Bankman-Fried to be released on $250 million bail and will live with his parents
Cryptocurrency entrepreneur Sam Bankman-Fried walked out of a Manhattan courthouse on Thursday with his parents after they agreed to sign a $250 million (€235 million) bond and keep him at their California home while he awaits trial on charges that…
FTX latest: Sam Bankman-Fried extradited to US and two top executives plead guilty to charges
The founder and former CEO of cryptocurrency exchange FTX, Sam Bankman-Fried was being extradited from the Bahamas by US law enforcement on Wednesday, to answer to charges tied to his role in FTX’s failure. He is expected to appear in…