Dario Amodei,CEO,Anthropic Amodei then proposed a three-step plan...
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BRICS finance chiefs urge reform of global development financial institutions
"We continue to have serious concerns with the unilateral...
AI ‘Arms Race’ still poses global stability risk, BIS chief says
Pablo Hernandez de Cos, general manager, the Bank for International...
AI and Life Insurance: The next frontier for India
AI can help make life insurance more personalised, relevant and transparent for customers, while simultaneously revolutionising product development, distribution and operational efficiency for insurers. Gyanendra Singh, Chief Technology Officer, Aviva India India...
Meta’s social media settlement leaves its money machine unscathed
Beyond a wave of lawsuits globally claiming it knowingly sought to addict children and caused a mental health crisis, Meta has also been under scrutiny over sexualized AI chatbot interactions with children. The legal threats, long shrugged off by shareholders, drew...
HDFC Bank faces class-action lawsuit in US
The lawsuit alleges that HDFC promised Maharashtra State Road Development Corporation (MSRDC) a 6.01 per cent interest rate to attract big its deposits, which constituted a hefty 2.51 per cent markup over the standard 3.5 per cent savings rate offered to regular...
Climate change reshaping health outcomes and straining healthcare systems in Asia
The annual financing gap for health-focused climate adaptation across Asia-Pacific stands at approximately US$3.52 billion through to 2030, more than six times the funding currently available Mumbai:Across Asia, climate change is reshaping health...
Meta reaches $16.68 billion settlement over social media harms to children
The settlement resolves claims brought by 29 U.S. states, and will end a federal trial that had been one of the highest-profile tests yet of allegations that social media companies harmed young users. Meta will impose daily usage limits and restrict nighttime usage by...
Some oil companies to avoid ships on Iran blacklist
Some of the tankers Iran listed are owned or chartered by Saudi Aramco and Abu Dhabi National Oil Co (ADNOC). The ships have been used for shuttling crude, refined products and liquefied natural gas (LNG) out of the Gulf for STS transfer off Fujairah in the UAE or...
Chinese hackers ramping up attacks after integrating DeepSeek
DeepSeek is the AI of choice for Chinese hackers because it’s relatively powerful with very low cyber guardrails,” said Charles Li, chief analyst at TeamT5. “Western models are highly sought-after but their guardrails are much more strict and require a lot more effort...
‘Conflicts choking global trade arteries…’: UN Secretary General calls for protection of global shipping, restoration of navigational freedoms
In a post on X, United Nations Secretary-General Antonio Guterres said, "Conflicts in different regions are choking arteries of global trade & squeezing the global food system. Navigational rights & freedoms are vital for international peace & security...
SC asks Centre to consider devising safeguards to ensure no misuse of EPFO, ITR data
A bench comprising Chief Justice Surya Kant and justices Joymalya Bagchi and V Mohana, on Monday, expressed concern over the emergence of a commercial technology ecosystem allegedly accessing, retrieving and verifying sensitive personal information contained in...
SEBI launches Cyber Suraksha Portal for cyber alerts, vulnerability warning
"Through this portal, market participants can directly access the latest cybersecurity circulars, vulnerability warnings and incident insights," SEBI said Mumbai: The Securities and Exchange Board of India (SEBI) on Monday launched the Cyber Suraksha Portal, a...