Authorities have warned Australians to take precautions against fake text messages pretending to be from banks as more victims report losing their life savings due to sophisticated scams. According to the Australian Competition and Consumer Commission’s (ACCC) Scamwatch, there were 14,603 reports of bank impersonation in 2022, resulting in a loss of $20 million (US$13.34…
Sen. Hawley’s Efforts to Fast-Track TikTok Ban Blocked by Sen. Paul
Efforts from Sen. Josh Hawley (R-Mo.) to ban Chinese-owned TikTok on U.S. soil suffered a setback on March 29 when fellow Republican Sen. Rand Paul (Ky.) opposed the move, arguing the ban would limit free speech. On the Senate floor, Paul objected to Hawley’s request for unanimous consent to fast-track a ban on the viral…
AI Could Eliminate 300 Million Jobs, Warns Goldman Sachs
Artificial intelligence (AI) could lead to the elimination of 300 million full-time jobs, according to a new study. A March 25th report by economists at Goldman Sachs Group (GSG) stated that improvements in AI technology may cause almost a quarter of existing positions in the United States and Europe to be replaced, but that new…
IRS Warns of Scams Spreading on Social Media That Could Get ‘Well-Meaning Taxpayers in Trouble’
The Internal Revenue Service (IRS) has issued a warning that inaccurate or misleading tax information is circulating on social media that lures otherwise honest taxpayers into “compromising tax situations” which can lead to legal problems. As part of its “Dirty Dozen” series of warnings for taxpayers during tax-filing season, the IRS stated in a press release…
Federal Agency Warns Users to Upgrade iPhones as Soon as Possible
The federal Cybersecurity and Infrastructure Security Agency (CISA) this week advised users and administrators to upgrade their Apple software due to security vulnerabilities. “Apple has released security updates to address vulnerabilities in multiple products. An attacker could exploit some of these vulnerabilities to take control of an affected device,” the notice, dated March 28, reads….
Federal Agency Warns Users to Update iPhones as Soon as Possible
The federal Cybersecurity and Infrastructure Security Agency (CISA) this week advised users and administrators to update their Apple software due to security vulnerabilities. “Apple has released security updates to address vulnerabilities in multiple products. An attacker could exploit some of these vulnerabilities to take control of an affected device,” the notice, dated March 28, reads….
Europe to Ban Sale of New Gasoline Cars From 2035
People residing in member nations of the European Union will no longer be able to buy new cars that run on petrol or diesel, according to a rule adopted by the European Council on Tuesday. “The council today adopted a regulation setting stricter CO2 emission performance standards for new cars and vans,” said the official…
Elon Musk Joins Over 1,000 Experts Calling for Pause on Advanced AI Development
Twitter CEO Elon Musk has joined dozens of artificial intelligence (AI) experts and industry executives in signing an open letter calling on all AI labs to “immediately pause” training of systems more powerful than Chat GPT-4 for at least six months. The letter, issued by the non-profit Future of Life Institute, has been signed by more than 1,100…
Elon Musk Leads Joins Over 1,000 Experts Calling for Pause on Advanced AI Development
Twitter CEO Elon Musk has joined dozens of artificial intelligence (AI) experts and industry executives in signing an open letter calling on all AI labs to “immediately pause” training of systems more powerful than Chat GPT-4 for at least six months. The letter, issued by the non-profit Future of Life Institute, has been signed by more than 1,100…
Arkansas Sues Meta, TikTok for Designing ‘Addictive’ Platforms, Exposing Personal Data
Social media giants Meta and TikTok are being sued by the state of Arkansas for allegedly intentionally designing their platforms to be manipulative and addictive to children, Gov. Sarah Huckabee Sanders and Attorney General Tim Griffin announced on March 28. Griffin has filed three separate lawsuits against the social media companies in state court: one against Meta,…
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