‘Worst volatility is behind us’ after March’s mini-crisis, says Goldman’s David Solomon April 18, 2023 Goldman’s chair and chief executive David Solomon said the worst of March’s banking difficulties had passed, but stressed there were still dangers ahead. On an investor call following first quarter results, Solomon said “it appears the worst volatility is behind us thanks to prompt action from regulators.” Solomon said the quarter was “certainly volatile”, highlighting [...]
Artificial intelligence is transforming our music, starting with Kanye West April 18, 2023 Kanye West has never sung Hey There Delilah, yet there's his cover of the song online. It's been made using AI, and it's exemplary of how the technology is rocking the music industry, writes Elena Siniscalco
Wall Street rally lifts tech stocks in latest signal US inflation is cooling, now eyes turn to Fed rate decision April 14, 2023 A rally on Wall Street on Thursday lifted stocks to their highest level in almost two months following the latest sign that inflation continues to cool. The S&P 500 rose 1.3 per cent after a report showed inflation at the wholesale level slowed last month by more than expected. The Dow Jones Industrial Average gained [...]
Nothing Ear (1) review: Slick but room for improvement April 13, 2023 Nothing Tech sells itself as a cooler, more rebellious and – crucially – cheaper alternative to Apple. Its Nothing (1) smartphone follows 80 per cent of the Cupertino playbook but then mixes it up with a clear back panel that displays the phone’s innards, as well as using a retro dot matrix font in place [...]
Spotify and Apple warned against letting AI access copyrighted songs April 12, 2023 Universal Music Group has warned streaming platforms to clamp down on artificial intelligence tools wielding copyrighted songs for training purposes. In a letter sent to streaming platforms such as Spotify and Apple, the music corporation expressed concern that AI tools would collect data from copyrighted songs available on the platform to train themselves to produce [...]
Gordon Murray’s T.33 Spider is a £1.8 million hypercar head-rush April 11, 2023 The new T.33 Spider from Gordon Murray Automotive combines a super-light carbon fibre chassis with a 617hp Cosworth V12 and manual gearbox.
Apple and HP PC shipments tumble as pandemic-era boom begins to fade April 10, 2023 Global shipments of PCs have fallen in the first quarter of 2023 as a result of weak demand, high inventory and tough economic conditions, with Apple reporting the largest slump, according to the International Data Corporation (IDC). Shipments of Apple PCs fell by 40.5 per cent to 4.1 million units in the quarter compared to [...]
Easter Reads: the best in our opinion pages on politics and tech April 7, 2023 Rishi Sunak has presented himself as a competent manager, the man who could start the return of the “grown-ups” in Westminster and turn the fortunes of his party around. He’s had some quick successes – like the Windsor Framework – but now he’ll be tasked with disclosing what his long-term plan for an inspiring and [...]
Wall Street falls as recession fears rise after jobless claims climb April 6, 2023 Wall Street’s main indexes fell on Thursday as latest labour market data pointed to slowing economic growth due to rapid interest rate hikes, with risk-wary investors looking forward to monthly jobs data for a clearer picture of the economy. Initial jobless claims came in ahead of expectations to a seasonally adjusted 228,000 for the week [...]
Google bans personal loan apps from accessing sensitive data April 6, 2023 Google is banning apps that provide personal loans from accessing sensitive user data in a bid to clamp down on predatory activity among some lenders. In a policy update late Wednesday, the company said that the apps available on Google Play were “prohibited” from accessing sensitive data, such as photos or contact books. The new [...]