Technology

Crypto fraudster Bankman-Fried faces sentencing
Crypto fraudster Bankman-Fried faces sentencing

Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history. "It is about what was the fraud when he was convicted."

Hyundai to invest more than $50 bn in South Korea in major EV push
Hyundai to invest more than $50 bn in South Korea in major EV push

Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles. Under the plan, Hyundai will create 80,000 jobs in South Korea and build three new EV factories, with the aim of increasing annual EV production in the country to 1.51 million units by 2030.

California looks to Europe to rein in AI
California looks to Europe to rein in AI

California, home to Silicon Valley, is eager to rein in the deployment of artificial intelligence and is looking to Europe's tough-on-big-tech approach for inspiration. "They are taking, essentially, a European approach on artificial intelligence - which is that we must ban the technology," said Carl Szabo, the general counsel of the association, which advocates for light touch regulation of tech.

Baltimore bridge collapse sparks baseless attack theories
Baltimore bridge collapse sparks baseless attack theories

Conspiracy theorists said Tuesday that the Baltimore bridge collapse resulted from an intentional attack -- despite officials quickly saying there was no evidence of foul play. Moore added that officials had not seen "any credible evidence of a terrorist attack."

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