Turkey detains dozens over alleged cryptocurrency fraud

Security sources say Thodex founder Faruk Fatih Ozer is in Albania, according to Turkish television. Turkish authorities on Friday detained 62 people over alleged links to an Istanbul-based cryptocurrency exchange after its founder fled with a reported $2 billion in investors' assets, official media reported. The suspects were apprehended in...

Intel tops expectations as chip demand high

Intel said it saw "explosive" growth in demand for its computer chips in the past quarter, helping boost revenue above forecasts US semiconductor giant Intel on Thursday said it took in more money than expected in the first quarter amid "explosive" growth in demand for computer chips. Intel revenue was...

American Airlines reports Q1 loss, optimistic on vaccines

American Airlines reported another quarterly loss but said bookings from leisure travelers are increasing as vaccines become more widespread American Airlines reported another quarterly loss Thursday as COVID-19 continued to depress travel, but expressed optimism at an industry recovery with vaccinations becoming more widespread. The big US carrier's first-quarter results...

Airlines face another bleak year as outlook worsens

Airlines face another bleak year as outlook worsens

Still plenty of dark clouds before the airline industry reaches blue skies Airlines face another bleak year with steeper losses than previously forecast, as some regions struggle to speed up COVID-19 vaccination campaigns and control virus variants, an industry group said Wednesday. The industry is expected to register net post-tax...

TikTok faces UK lawsuit over alleged kids’ data breach

The former children's commissioner for England, Anne Longfield, says that behind TikTok's fun songs and dances "lies something far more sinister. TikTok was hit with a legal claim in Britain on Wednesday accusing the video-sharing app of illegally collecting personal data from millions of children in Europe. The former children's...

EU unveils AI rules to temper Big Brother fears

Credit: CC0 Public Domain The EU unveils a plan Wednesday to regulate the sprawling field of artificial intelligence, aimed at making Europe a leader in the new tech revolution while reassuring the public against "Big Brother"-like abuses. "Whether it's precision farming in agriculture, more accurate medical diagnosis or safe autonomous...

Wisconsin newspapers sue Google, Facebook

Credit: Unsplash/CC0 Public Domain A group of Wisconsin newspapers have filed a federal lawsuit claiming Google and Facebook's monopoly on digital advertising threatens the publications' existence and violates antitrust law. The lawsuit claims the internet giants' monopoly threatens the existence of local newspapers nationwide as well as a "profoundly negative...

Apple adds podcast subscriptions as competition mounts

Apple's new podcast subscription option could help the iPhone maker keep more content amid surging growth in the segment from Spotify Apple is adding a subscription option to its pioneering podcasting service, evidently moving to fend off fast-growing rival Spotify. Beginning in May, podcast fans around the world will be...

Apple powers up iPads after pandemic-fueled surge

This handout image shows Apple product manager Raja Bose speaking about the new iPad Pro lineup at Apple Park in Cupertino, California Apple on Tuesday unveiled a new lineup of powered-up iPads including some with 5G connectivity, responding to surging interest in tablets and home-based work and play during the...

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