Samsung’s revenue plunges 95 p.c on weak reminiscence chip demand | Know-how

[ad_1] Samsung Electronics has reported a greater than 95 p.c plunge in working earnings within the second quarter owing to weak demand for reminiscence chips. The agency is the flagship subsidiary of South Korean large Samsung Group, by far the most important of the family-controlled conglomerates that dominate enterprise in Asia’s fourth-largest financial system. Working…

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US watchdog probes ChatGPT creator OpenAI over misinformation | know-how

[ad_1] The US Federal Commerce Fee asks startups to offer security data amid reviews of defamatory content material. America’s competitors watchdog has launched an investigation into ChatGPT creator OpenAI amid suspicions the startup broke the legislation by hacking public information and publishing false and defamatory data. In a 20-page letter, the U.S. Federal Commerce Fee…

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Uncovered: India’s Financial institution of Baroda misused buyer information to flog app | Enterprise and Economic system Information

[ad_1] A Financial institution of Baroda officer from Bhopal zone recollects the day he and his colleagues received the order from their regional workplace to report back to work at 7am on March 24 final yr. They got a job: enroll clients for the financial institution’s new app, “bob World”, which was launched six months…

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Amazon tricked hundreds of thousands into signing up for Prime: USFTC | Enterprise and financial information

[ad_1] The FTC alleged that Amazon used ‘manipulative, coercive’ interface designs to get customers to enroll in computerized renewals. The US Federal Commerce Fee has accused Amazon.com of including hundreds of thousands of customers to its paid subscription to the Amazon Prime service with out their consent and making it troublesome for them to cancel,…

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