Bloomberg News

Bloomberg Oracle has told customers that a hacker broke into a computer system and stole old client log-in credentials, the second cybersecurity breach the software company has acknowledged to clients in the last month. Oracle staff informed some clients this week that the attacker gained access to usernames, passkeys, and encrypted passwords, according to sources, […]

Bloomberg With less than two months to comply with the U.S. framework for controlling AI development worldwide, tech companies are expressing concerns about business in foreign markets, and U.S. allies are seeking exemptions. The “AI diffusion rule” will restrict the number of AI processors that can be exported to most nations and require datacenters to […]

JPMorgan Chase & Co. has generated and certified so-called truly random numbers using a quantum computer, in a world-first that the bank hopes will have applications for security and trading. Researchers created the sequence using a quantum computer built by Honeywell’s Quantinuum, according to a paper published in the scientific journal Nature on Wednesday. JPMorgan […]

The transformer is rarely considered as a linchpin of today’s technologically interdependent world, let alone as a key to the even more electrified future. But it’s a device that’s essential to powering almost everything, and these days it’s not that easy to obtain. Replacing Heathrow’s charred transformer — or the countless others destroyed in storms, […]

Bloomberg The Cyberspace Administration of China, along with three other agencies, issued new regulations requiring service providers to label AI-generated material to prevent disinformation. The rules go into effect Sept. 1, with labels either explicitly stating the material is AI-generated or making the disclosure via metadata encoded in each file. Additionally, app store operators must […]

Bloomberg Service-sector businesses in Japan increasingly are relying on robots to work alongside older or foreign workers, taking on more physical roles or helping navigate language barriers at a time when the nation is facing a severe labor shortage. Skylark Holdings Co., Japan’s biggest table service restaurant chain, has deployed about 3,000 cat-themed robots that […]

Bloomberg The U.S. government office responsible for the implementation of the Chips and Science Act will lose about two-fifths as part of efforts of the Trump administration to cut the federal workforce, according to insiders. The previous administration built an office of about 140 people to oversee the Chips Act manufacturing spending, on top of […]

Bloomberg Rather than seek a broad free-trade agreement with the U.S., the U.K. is prioritizing an agreement focused on technology, science, and AI, according to insiders. Discussions would be based on areas like quantum computing and AI, the people said. In a sign of the tech focus, U.K. Prime Minister Keir Starmer toured the Washington […]

Apple and Indonesia have reached an agreement that will soon lift the ban on iPhone sales in the Southeast Asian nation, as announced by Indonesia’s Minister of Industry, Agus Gumiwang Kartasasmita. This resolution follows a five-month impasse that began in October when Indonesia denied Apple a sales permit for failing to meet local production requirements […]