Technology

Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion, a New York-based federal court ruled on Thursday.

The global stock market slide wiped out billions of dollars from the net worths of the world’s richest people.

Musk withdrew an original lawsuit earlier this year, after claiming OpenAI and its founders were developing AI to “maximize profits” instead of benefiting humanity.

Can Generative AI be used to create an actual advertising film from scratch? 

The ad, which sparked controversy from its first airing, features a father using Google’s Gemini AI tool to write a fan letter from his daughter to American hurdler Sydney McLaughlin-Levrone.

Meta CEO Mark Zuckerberg is more than three times richer than he was in late 2022 as Meta stock bounced back.

Australian venture capital firm Foxglove Capital says fusion energy is the “ultimate energy source” – and its backed US fusion energy company Type One to prove it.

Research from PWC reveals that media and entertainment companies can grow revenue 13x by reinventing their business models. This is what audiences, media buyers and advertisers are looking for over the next four years.

Operating profit rose 1,458.2% year-over-year to 10.44 trillion Korean won ($7.6 billion), buoyed by high-bandwidth memory chips.

As bitcoin soars and stock prices more than double, the executives at top publicly-traded crypto firms have been regularly selling.