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03.05.26 - 08:18
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AI chatbot fraud: the ′gift card′ subcription that may cost you dear (The Guardian)
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After subscribing to the Claude chatbot, mystery payments started to appear on one family's credit card bill. They are not aloneDavid Duggan* was so impressed with the ability of the Claude chatbot to answer medical questions and organise family life, that a $20-a-month (£15) subscription seemed like money well spent.But then his wife spotted two $200 payments on his credit card bill for gift cards to use the artificial intelligence tool. Continue reading......
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03.05.26 - 04:42
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Silicon Motion posts record 1Q26 revenue driven by AI, new products to boost growth (Digitimes)
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Silicon Motion Technology reported a record quarterly revenue of US$342 million in the first quarter of 2026, up 23% from the previous quarter and soaring 105% year-over-year. The company posted a gross margin of 47.2%, net income after tax of US$53.9 million, and diluted earnings per American depository share (ADS) of US$1.58. CEO Wallace Kou said that ongoing ramp-ups of new projects and market share gains will drive quarterly revenue growth throughout 2026....
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03.05.26 - 04:12
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Chinese court rules firms can′t lay off workers on AI grounds (Times of India)
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A Chinese court ruled that tech firms cannot fire employees solely to replace them with AI, emphasizing that technological advancement doesn't justify unilateral layoffs or salary cuts. This decision highlights the government's balancing act between fostering AI development and maintaining labor market stability amidst economic challenges and high youth unemployment....
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02.05.26 - 22:42
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Judge Blocks Enforcement Of Colorado′s New DEI-Driven AI Law (ZeroHedge)
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Judge Blocks Enforcement Of Colorado's New DEI-Driven AI Law
Authored by Jacki Thrapp via The Epoch Times,
A federal judge has temporarily blocked the State of Colorado from enforcing a first-of-its-kind artificial intelligence law.
Colorado is prohibited from taking enforcement actions on alleged violations of the law occurring up to 14 days after the court issues a ruling on the company xAI's motion for a preliminary injunction, judge Cyrus Y. Chung ruled on April 27.
The Department of Justice had said the state law, which was set to go into effect on June 30, would have required AI developers and deployers to “discriminate based on race, sex, & religion—all in the name of DEI.”
DEI is an acronym for “diversity, equity, and inclusion.”
Brett Shumate, an assistant attorney general for the DOJ's Civil Division, called the suspension a “huge win for the American people.”
“Colorado immediately caved and agreed not to enforce the law against ANY AI company,” Shumate wrote in ...
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