Asteroid 2024 CE7 belongs to the Apollo group of Near-Earth Asteroids (NEAs), says NASA. (Pixabay ) Space 

NASA reports that a 120-foot asteroid will come within 5.2 million kilometers of Earth; Learn about its speed

February, like previous months, has seen several asteroid approaches. Although there was no asteroid passing Earth yesterday, NASA has reported that two asteroids will come close to the planet today, February 28. These asteroids were monitored using advanced technology like the NEOWISE telescope, Atacama Large Millimeter/submillimeter Array (ALMA), Pans-STARRS1, and Catalina Sky Survey. Despite the close approach, the US Space Agency assures that the asteroid is not expected to collide with Earth’s surface. Learn more about the upcoming encounter with Asteroid 2024 CE7. Asteroid 2024 CE7: Close approach data NASA’s…

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US companies are prioritizing cost control and operational efficiency on earnings calls, while also investing in technologies like AI to drive future productivity, according to Morgan Stanley strategists. (Bloomberg) AI 

Cost cuts and AI are being discussed by US companies in unprecedented ways.

According to a recent analysis by strategists at Morgan Stanley, there has been a significant increase in discussions about cost control on earnings calls among US companies. This surge in conversations is driven by a desire to redirect funds and make investments in innovative technologies. Literary mentions of “operational efficiency” are the highest ever in the U.S. this earnings season, as companies focus on cost control but also invest in technologies “that can drive future productivity, such as artificial intelligence,” the group led by Michael Wilson wrote in a note.…

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The Biden administration also is looking at congressional legislation and working with other countries and the European Union on rules for managing AI technology. (Bloomberg) AI 

US government to require AI companies to disclose safety test results

The government will now mandate that developers of significant artificial intelligence systems must disclose their safety test results to the Biden administration as part of their implementation process. The White House’s artificial intelligence council is scheduled to meet Monday to review progress made on an executive order President Joe Biden signed three months ago to manage the rapidly evolving technology. Chief among the 90-day goals of the order was an authorization under the Defense Production Act that requires AI companies to share vital information with the Commerce Department, including security…

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US government to pass Unidentified Anomalous Phenomena Disclosure Act of 2023. (Pixabay) News 

Not all instances of government secrecy about UFOs are negative

A potentially groundbreaking law is currently being considered by Congress, which, if approved, could go down in history as one of the most significant legislations in the United States. Senate Majority Leader Charles Schumer is the sponsor of the Unidentified Anomalous Phenomena Disclosure Act of 2023, which aims to promote openness regarding UFO-related matters. Despite enjoying substantial bipartisan backing, the bill’s fate hangs in the balance due to opposition from Republicans, making its passage uncertain. One early version of the bill creates, among other provisions, an expert panel to decide…

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Binance chief Changpeng Zhao stepped down to settle the US illicit finance probe. (Ken Lambert/The Seattle Times) (AP) News 

Changpeng Zhao Steps Down from Binance to Resolve US Illicit Finance Investigation

On Tuesday, prosecutors announced that Changpeng Zhao, the CEO of Binance, has resigned and admitted his guilt in violating U.S. anti-money laundering regulations. This development comes as part of a $4.3 billion settlement that aims to resolve a lengthy investigation into the activities of the largest cryptocurrency exchange globally. Prosecutors described the deal, in which Zhao will personally pay $50 million, as one of the largest corporate penalties in U.S. history. It’s another blow to the crypto industry, which has been plagued by investigations stemming from the recent fraud of…

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Binance founder and CEO Changpeng Zhao steps down as CEO of Binance after court pleaded guilty to criminal charges for anti-money laundering. (AP) News 

Titanic Tussle: Changpeng Zhao’s Binance Battle Ends in Defeat

Changpeng Zhao had carefully crafted the persona of a tough fighter in the realm of cryptocurrencies. When his rival Sam Bankman-Fried’s crypto empire collapsed a year ago, Zhao, or “CZ” as his fans call him, was at the center of it all, looting his money in a very public way and helping to trigger the ultimately fatal breakout. companies. Years earlier, he argued that the company’s headquarters were where he happened to be, a thinly veiled bulwark against regulators trying to nail down jurisdiction. And this March, when U.S. regulators…

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A majority of American adults think artificial intelligence tools will increase the spread of false and misleading information in the 2024 presidential election. (AP) News 

Survey Indicates Majority of US Citizens Believe Artificial Intelligence Will Contribute to Misinformation in Upcoming Presidential Election

As 2024 draws near, the alarms have become increasingly urgent: The swift progress of artificial intelligence tools poses a significant risk of magnifying misinformation during the upcoming presidential election to an unprecedented extent. The majority of US adults feel the same way, according to The Associated Press-NORC Center for Public Affairs Research and the University of Chicago’s Harris School of Public Policy. The poll found that nearly six in 10 adults (58%) believe AI tools – which can micro-target political audiences, mass produce persuasive messages and produce realistic fake images…

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The F-35 Fighter Jet saw a massive price increase. (via REUTERS) News 

F-35 Fighter Jet Program – Cost Increases for World’s Most Expensive Weapons System

According to the Pentagon, the United States’ F-35 fighter jet, which is the most expensive weapons program in the world, has become even more expensive. The total cost of developing and acquiring the aircraft is now estimated to be $438 billion, which is $26 billion higher than the previous estimate released a year ago. This increase of 6.5% is considered relatively modest compared to the program’s initial cost of $233 billion when Lockheed Martin Corp. was awarded the contract in 2001. “The cost data in question was provided after accounting…

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And death is no barrier for this particular career, with two popular games this year choosing sports legends who are no longer with us. ( IGX) Gaming 

Sports Legends Receive New Life Through Video Games

It can be captivating to observe the career paths of renowned sports stars after retirement, with options ranging from endorsing Viagra, engaging in property ventures, or participating in crypto projects. However, one avenue that is increasingly proving to be a guaranteed success is having your image featured on the cover of a video game. And death is no barrier to this career, as two popular games this year are chosen by sporting legends who are no longer with us. LA Lakers basketball star Kobe Bryant, who died in a helicopter…

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This photo provided by Getty Images shows an example of the company's artificial intelligence image-generator. (AP) AI 

Getty Images Launches AI-Powered Image Generator

Getty Images Holdings Inc., a prominent photography company, is set to launch an artificial intelligence tool that will produce images using its extensive content library. This move aims to address the copyright and ownership issues that have been a challenge for AI technology thus far. Getty, which owns the rights to millions of photos, previously sued Stability AI, the company that popularized the Stable Diffusion image generator, for unauthorized use of images. Getty’s new product, developed with chipmaker Nvidia Inc, is trained on Getty’s own data and aims to avoid…

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Jonathan Kanter exits federal court in Washington, DC, on Sept. 12. (Bloomberg) News 

Google Denied Allegation of DOJ’s Kanter Showing Prejudice in Advertising Technology Dispute

A federal judge has ruled that Alphabet Inc.’s Google cannot use allegations of bias made by a senior US Justice Department official as a defense in a government lawsuit accusing the company of holding a monopoly in the online advertising technology market. Google had argued the case was illegal because it accused Jonathan Kanter, whom the company accused of violating ethics laws because he represented ad tech companies and Google’s competitors, including Apple Inc., before becoming an assistant antitrust attorney in November 2021. The DOJ filed the lawsuit in January…

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Germany-based Mytheresa has increased its share of top spenders. (Bloomberg) News 

Mytheresa Reaps Rewards from Catering to the Ultra-Wealthy, an online retailer specializing in high-end products, is outperforming its competitors and defying the recent downturn in the luxury sector. The company’s success can be attributed to its strategic emphasis on catering to the affluent clientele worldwide. “This customer is still spending because fortunately the financial problems we’ve had so far haven’t really affected their spending outlook,” Mytheresa CEO Michael Kliger said in an interview. Each of these buyers spends $100,000 or more on the site annually. Sales to “aspirational” luxury customers who increased their spending during the pandemic…

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China expands the government ban on iPhones as retaliation, US says (AFP) News 

US Accuses China of Retaliation Through Apple iPhone Ban

In its first response to the backlash against Apple Inc., the White House has stated that it perceives China’s actions of implementing and extending a government prohibition on iPhones as a retaliatory measure against the United States. “We’re watching this with concern, obviously. It appears to be part of — the kind of aggressive and inappropriate retaliation against U.S. companies that we’ve seen from China in the past. That’s what this appears to be,” National Security Council spokesman John Kirby told reporters Wednesday, referring to the People’s Republic of China.…

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Microsoft declined to comment on the EU’s next steps. (In photo: Microsoft CEO Satya Nadella) (AFP) News 

EU Files Formal Complaint Against Microsoft Over Teams Video App

Microsoft Corp.’s efforts to prevent further investigation by the European Union into its Teams video-conferencing app were unsuccessful, as the bloc’s antitrust enforcers are preparing to file a formal complaint against the company’s behavior. Sources familiar with the situation, who requested anonymity, revealed that Microsoft’s recent suggestion to separate Teams from its comprehensive business software package and offer it to customers at a discounted annual rate did not address regulators’ worries. The European Commission is preparing a statement of objections to send to the company, which could come in the…

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US takes on Google in landmark antitrust trial REUTERS/Arnd Wiegmann/File Photo (REUTERS) News 

Antitrust Case Against Google Begins in US

On Tuesday, Google will confront its most significant legal battle yet in a Washington court, as it defends itself against allegations from the US government that it engaged in illegal practices to establish its dominant position in online search. During more than 10 weeks of testimony, Google is trying to convince a federal judge that a landmark case brought by the Justice Department is without merit. The lawsuit is the largest U.S. antitrust case against a major technology company since the same department took on Microsoft more than two decades…

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India and the US have forged a cosmic alliance: Collaborating on space exploration and protection. (ANI) Space 

India and US Discussing Possibility of Sending Astronauts to International Space Station Following Chandrayaan-3 and Aditya-L1 Successes

The Indian Space Research Organisation (ISRO) achieved great success with the Chandrayaan-3 and Aditya-L1 missions. Now, India and the US have formed an exciting partnership to send Indian astronauts into space in 2024. Prime Minister Narendra Modi and US President Joe Biden announced this collaboration after their meeting at the G20 summit. They revealed that ISRO and NASA are in discussions about jointly visiting the International Space Station (ISS) in 2024 and are also working on a plan to cooperate in sending individuals into space. The finalization of this plan…

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Apple, Facebook owner Meta and TikTok parent ByteDance will be facing the toughest EU rules. (REUTERS) News 

Six Companies to Face Tougher Regulations from the European Union: Apple, Facebook, TikTok Included

According to a recently published list, the largest digital giants in the world, such as Apple, Meta (owner of Facebook), and ByteDance (parent company of TikTok), will encounter the most stringent regulations imposed by the EU on their business operations. The European Commission, the EU’s powerful antitrust body, named 22 “core platform” services owned by six US tech companies – Google parent Alphabet, Amazon, Apple, Metal, Microsoft – and China’s ByteDance. Services included Apple’s App Store; Meta’s Facebook, Instagram and WhatsApp; Google’s YouTube video platform and Chrome browser and Apple’s…

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Huawei chip shows US curbs are porous, not useless (REUTERS) News 

Huawei Chip Proves US Restrictions Are Leaky, Not Ineffective

The release of Huawei Technologies Co.’s latest smartphone, the Mate 60 Pro, has sparked a renewed discussion on chip technology and China’s ability to bypass restrictions imposed by the US. This event highlights the ambiguous nature of the effectiveness of sanctions, as the true consequences are still uncertain. Efficient and fast connection speeds indicate that the new streamlined device is equipped with 5G wireless capabilities and an advanced system chip manufactured by Shanghai Semiconductor Manufacturing International Corp. 350 megabits per second. It is similar to fifth-generation mobile phone standards and…

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Book cheap flights with Google Flights’ insights features. Know how to snag the best deals. (Unsplash) News 

Find the Best Deals on Airfare with Google Flights

Booking flight tickets at the last minute can be costly, especially during impromptu travel plans. The price usually depends on the airline, destination, and cabin class, and can often be quite expensive. Unless you have miles or discount coupons, you will have to pay a premium. However, flight booking platforms like Skyscanner and Hopper offer estimated prices for advance bookings. With its recent update, Google Flights now provides even better insights, including information on the cheapest rates for flight tickets. This is how you can book the cheapest plane tickets…

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A boom in deepfake porn is outpacing US and European efforts to regulate the technology. (AFP) AI 

Google and Microsoft Take Steps to Enhance AI-Generated Fake Porn

Fans of Kaitlyn Siragusa, a well-known internet personality called Amouranth, can choose to subscribe to her channel on Inc.’s Twitch for $5 per month to watch her play video games. Alternatively, if they wish to view her adult content, they can subscribe to her explicit OnlyFans page for $15 per month. And when they want to watch him do things he doesn’t and has never done for free, they search Google for so-called “deepfakes” — videos made with artificial intelligence that create a realistic simulation of a sexual act.…

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