A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences. Story Published at: May 23, 2023 at 12:56PM Continue Reading…
An A.I.-Generated Spoof Rattles the Markets
Washington Confronts the Challenge of Policing A.I.
Lawmakers and Sam Altman, the chief executive of OpenAI, agreed that artificial intelligence should be regulated. How to do that remains an open question. Story Published at: May 17, 2023 at 01:42PM Continue Reading…
First Republic’s Troubles Reignite Fears of a Banking Crisis
The troubled lender is working on a lifeline, but time is running out. Story Published at: April 28, 2023 at 01:15PM Continue Reading…
The U.K. Deals a Huge Blow to Microsoft’s $69 Billion Activision Bid
The British antitrust watchdog blocked the takeover attempt, in a decision that will be closely watched in Washington and Brussels. Story Published at: April 26, 2023 at 01:30PM Continue Reading…
Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies
The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX. Story Published at: April 26, 2023 at 08:00AM Continue Reading…
Goldman Sachs Falters Amid Strong Earnings From Big Banks
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business. Story Published at: April 18, 2023 at 01:23PM Continue Reading…
Why Drugmakers’ Battle in Texas is Such a Big Deal
The decision by a Texas judge to overturn F.D.A. approval for the abortion pill mifepristone could upend the pharmaceutical industry. Story Published at: April 11, 2023 at 01:01PM Continue Reading…
Binance Is Hiding U.S. Crypto Trading Activity, Regulator Says
The C.F.T.C. wants to permanently ban the cryptocurrency exchange and its founder from commodities markets. Story Published at: March 27, 2023 at 05:52PM Continue Reading…
Markets Climb as Silicon Valley Bank Finally Finds a Buyer
First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors. Story Published at: March 27, 2023 at 12:51PM Continue Reading…
Which Celebrities Are Facing Backlash for Crypto Promotion?
Lindsay Lohan and Jake Paul are just two names who have encountered legal trouble for pushing crypto on their social media accounts. Story Published at: March 23, 2023 at 11:30PM Continue Reading…