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Global operation smashes ‘most harmful cybercrime group’


February 21, 2024

LONDON: An international operation led by the UK and US law enforcement agencies has severely disrupted “the world’s most harmful cybercrime group”, the Russian-linked ransomware specialist LockBit, officials announced on Tuesday. LockBit and its affiliates have targeted governments, major companies, schools and hospitals, causing billions of dollars of damage and extracting tens of millions in ransoms from victims. Britain’s National …

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Inexpensive, carbon-neutral biofuels are finally possible


February 20, 2024

For biofuels to compete with petroleum, biorefinery operations must be designed to better utilize lignin. Lignin is one of the main components of plant cell walls. It provides plants with greater structural integrity and resiliency from microbial attacks. However, these natural properties of lignin also make it difficult to extract and utilize from the plant matter, also known as biomass. …

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The spectre of AI-driven irrelevance


February 19, 2024

REMEMBER when making a video required bul equipment, a field force of camerapersons, an army of editors, sound designers, and countless other support staff? Probably not. For most of us, it meant taking out our phone to record, downloading to make the edits and then uploading to some platform. The monopoly of content had been broken, as evidenced by the …

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ChatGPT’s OpenAI reveals text-to-video tool


February 17, 2024

OpenAI, the creator of ChatGPT and image generator DALL-E, said it was testing a text-to-video model called Sora that would allow users to create realistic videos with a simple prompt. The Microsoft-backed company said the new platform was currently being tested but released a few videos of what it said was already possible, with the accompanying input made to generate …

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Japan successfully launches next-gen H3 rocket


February 17, 2024

TOKYO: Japan’s space agency toasted a successful blast-off for its new flagship rocket on Saturday, making it third time lucky after years of delays and two previous failed attempts. The next-generation H3 has been mooted as a rival to SpaceX’s Falcon 9, and could one day deliver cargo to bases on the Moon. “I’ve been in the space industry for …

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Total amount invested in bitcoin back above $1 trillion


February 16, 2024

The total amount of money invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange traded funds continued to support prices. Bitcoin’s price reached $51,606 on Wednesday, its latest 25-month high and a rise of 4.1% on the day, taking the token’s market cap to $1.005 trillion according …

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Total amount invested in bitcoin back above $1 trillion


February 15, 2024

The total amount of money invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange traded funds continued to support prices. Bitcoin’s price reached $51,606 on Wednesday, its latest 25-month high and a rise of 4.1% on the day, taking the token’s market cap to $1.005 trillion according …

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Nokia unveils AI assistant for industrial workers


February 15, 2024

Technology company Nokia on Wednesday unveiled an AI-powered tool that generates messages for industrial workers, including warnings about faulty machinery based on real-time data and recommended ways to boost factory output. The tool, “MX Workmate”, will expand on Nokia’s existing communications technology used by industrial clients by harnessing generative AI large language models (LLMs) to write human-like text, the company …

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‘Better than a real man’ — young Chinese women turn to AI boyfriends


February 13, 2024

BEIJING: Twenty-five-year-old Chinese office worker Tufei says her boyfriend has everything she could ask for in a romantic partner: he’s kind, empathetic, and sometimes they talk for hours. Except he isn’t real. Her “boyfriend” is a chatbot on an app called “Glow”, an artificial intelligence platform created by Shanghai start-up MiniMax that is part of a blossoming industry in China …

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Technology changing demands for various skills, Pak envoy tells Abu Dhabi Dialogue


February 12, 2024

ISLAMABAD: Pakistan’s Ambassador to the United Arab Emirates, Faisal Niaz Tirmizi, has said technology is changing demands for various skills and there is dire need to be innovative in meeting changing labour demands. Speaking at the concluding session of the ministerial consultation of the Abu Dhabi Dialogue on Sunday, Mr Tirmizi said time has come for diversifying skill sets and …

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