Techlife News Magazine - July 13, 2024

In this issue

Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology like AI makes it easier than ever to perpetrate fraud and get away with it.

US INFLATION COOLS AGAIN, POTENTIALLY PAVING WAY FOR FED TO CUT INTEREST RATES SOON

Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.

3 mins

EU ACCEPTS APPLE PLEDGE TO LET RIVALS ACCESS 'TAP TO PAY' IPHONE TECH TO RESOLVE ANTITRUST CASE

The European Union on Thursday accepted Apple’s pledge to open its “tap to pay” iPhone payment system to rivals as a way to resolve an antitrust case and head off a potentially hefty fine.

1 min

GERMANY TO BAR CHINESE COMPANIES' COMPONENTS FROM CORE PARTS OF ITS 5G NETWORKS

Germany will bar the use of critical components made by Chinese companies Huawei and ZTE in core parts of the country’s 5G networks in two steps starting in 2026, the nation’s top security official said Thursday.

2 mins

HERE'S WHAT YOU NEED TO KNOW ABOUT THE NBA'S UPCOMING 11-YEAR, $76 BILLION MEDIA RIGHTS DEAL

The NBA might not be happy with the NFL making Christmas Day a regular part of its schedule. However, its new media rights deals nearly put the two leagues in the same economic arena.

3 mins

SCAMMERS ARE SWIPING BILLIONS FROM AMERICANS EVERY YEAR.WORSE, MOST CROOKS ARE GETTING AWAY WITH IT

The scammers are winning. Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology like AI makes it easier than ever to perpetrate fraud and get away with it.

5 mins

JUDGE WHO NIXED MUSK'S PAY PACKAGE HEARS ARGUMENTS ON MASSIVE FEE REQUEST FROM PLAINTIFF LAWYERS

A Delaware judge heard arguments Monday over a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk was illegal and should be voided.

2 mins

AI Access - APPLE'S CHALLENGES & SOLUTIONS TO PRESERVE USERS' PRIVACY

OpenAI has emerged as a leader in the AI industry, prompting Apple to integrate its tools into its operating systems.

4 mins

KEY EVENTS IN THE TROUBLED HISTORY OF THE BOEING 737 MAX

Boeing's 737 Max is a more fuel-efficient version of the American aerospace company's popular 737, the best-selling airliner ever. Airlines have flown Max jets for just seven years, but in that short time two of them crashed, killing 346 people, and the plane has become a symbol of safety concerns swirling around Boeing.

4 mins

PARAMOUNT AND SKYDANCE MERGE, SIGNALING END OF A FAMILY REIGN IN HOLLYWOOD AND THE RISE OF NEW POWER

The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape.

4 mins

AI PRESENTS PLUSES AND MINUSES IN NEW APPLE TV+ MYSTERY SERIES,'SUNNY,' STARRING RASHIDA JONES

As an actor and a writer, Rashida Jones has spent a lot of time thinking about artificial intelligence.

2 mins

MICROSOFT QUITS OPEN AI BOARD SEAT AS ANTITRUST SCRUTINY OF ARTIFICIAL INTELLIGENCE PACTS INTENSIFIES

Microsoft has relinquished its seat on the board of OpenAI, saying its participation is no longer needed because the ChatGPT maker has improved its governance since being roiled by boardroom chaos last year.

1 min

SAMSUNG BRINGS TECH'S LATEST FASHION TO WEARABLE TECHNOLOGY WITH AI TWISTS IN NEW WATCH AND RING

Samsung is dressing up its wearable devices in technology’s latest fashion — artificial intelligence.

3 mins

ANALYSTS ALARMED BY THREATS TO US DATA GATHERING

Inadequate funding and controversial measures in a budget bill could threaten what Americans know about themselves through federal data gathering, statisticians and demographers warn in a new report and a letter to U.S. congressional leaders.

3 mins

VIRGINIA JOINS OTHER STATES WITH EFFORT TO RESTRICT CELLPHONES IN SCHOOLS

Virginia on Tuesday joined a growing number of states that are pushing for cellphone restrictions in public schools, citing concerns over students’ academic achievement and mental health.

2 mins

HICKORY MOTOR SPEEDWAY A GREEN FLAG FOR CLEAN POWER: NASCAR UNVEILS ITS FIRST ELECTRIC RACECAR

Part of the experience of a NASCAR race is hearing the engine roar, the rumble of each car’s approach and the zip when it whizzes past at more than 150 mph.

4 mins

CREW OF NASA'S EARTHBOUND SIMULATED MARS HABITAT EMERGE AFTER A YEAR

The crew of a NASA mission to Mars emerged from their craft after a yearlong voyage that never left Earth.

2 mins

MORE THAN 3 MILLION PASS THROUGH US AIRPORT SECURITY IN A DAY FOR THE FIRST TIME AS TRAVEL SURGES

More than 3 million people passed through U.S. airport security on Sunday (07), the first time that number of passengers have been screened in a single day as travel surges, according to the U.S. Transportation Security Administration.

2 mins

IS COLLEGE WORTH IT? POLL FINDS ONLY 36% OF AMERICANS HAVE CONFIDENCE IN HIGHER EDUCATION

Americans are increasingly skeptical about the value and cost of college, with most saying they feel the U.S. higher education system is headed in the “wrong direction,” according to a new poll.

3 mins

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