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Upgrading power grids to accommodate renewable energy is a key issue at climate talks

Upgrading power grids to accommodate renewable energy is a key issue at climate talks

Outdated power grids around the world are a major hurdle in the transition from fossil fuels to renewable energy

U.S. Prosecutors Charge Three Individuals in $129 Million Deepfake Fraud Scheme

U.S. Prosecutors Charge Three Individuals in $129 Million Deepfake Fraud Scheme

U.S. prosecutors in the Southern District of New York have unsealed charges against three men—Jacob Soall, 41, Sharon Hazan, 54, and Guy Sheetrit, 42—for their alleged involvement in a $129 million deepfake fraud scheme. The indictment, filed in the Daniel Patrick Moynihan US Courthouse in Manhattan, details how the scheme operated from July 2024 to February 2026. The perpetrators allegedly used artificial intelligence to impersonate company chief executives and lawyers, deceiving corporate executives into transferring large sums of money. The fraud typically began with a message seemingly from a CEO, asking an employee with transfer authority to assist with a confidential deal. The employee would then be directed to call a 'lawyer' who was part of the network, providing payment instructions. The group utilized AI to mimic the voice and sometimes the face of the real executives during these calls, making the requests appear legitimate. Funds obtained through the fraud were subsequently moved to accounts in...

Pluralsight Report Reveals Growing Gap Between Tech Investment and Workforce Readiness in U.S.

Pluralsight Report Reveals Growing Gap Between Tech Investment and Workforce Readiness in U.S.

Pluralsight Report Reveals Growing Gap Between Tech Investment and Workforce Readiness in U.S.

Nebius Seeks Tier 2 Security Analyst to Strengthen Security Operations Center

Nebius Seeks Tier 2 Security Analyst to Strengthen Security Operations Center

Nebius Seeks Tier 2 Security Analyst to Strengthen Security Operations Center

DoorDash CEO Tony Xu Reports Minimal AI Agent Order Generation Amidst Broader AI Customer Service Challenges

DoorDash CEO Tony Xu Reports Minimal AI Agent Order Generation Amidst Broader AI Customer Service Challenges

DoorDash CEO Tony Xu Reports Minimal AI Agent Order Generation Amidst Broader AI Customer Service Challenges

Morgan Stanley Wealth Management Adopts MDOTM's AI Platform to Scale Model Portfolios

Morgan Stanley Wealth Management Adopts MDOTM's AI Platform to Scale Model Portfolios

Morgan Stanley Wealth Management Adopts MDOTM's AI Platform to Scale Model Portfolios

U.S. Banks Block AI Agents from Customer Accounts Citing Rogue-Bot and Liability Fears

U.S. Banks Block AI Agents from Customer Accounts Citing Rogue-Bot and Liability Fears

U.S. Banks Block AI Agents from Customer Accounts Citing Rogue-Bot and Liability Fears

UK Government Establishes National Centre for AI in Policing to Enhance Public Safety and Efficiency

UK Government Establishes National Centre for AI in Policing to Enhance Public Safety and Efficiency

The UK government has launched 'PoliceAI,' a new National Centre for AI in Policing, formally established in June. This initiative is part of a broader government plan to invest £115 million over three years to support the responsible adoption of AI and automation technologies by police forces. PoliceAI aims to rapidly equip policing with high-quality AI tools to improve public safety outcomes, enhance crime prevention and detection, and increase police efficiency. The center will consolidate AI-related activities, providing a national approach to developing, testing, and assuring AI tools, as well as offering enablement functions to support forces in adopting these technologies. Its priorities include accelerating the use of AI in case file assistance, disclosure, crime data integrity, CCTV analysis, and image identification. PoliceAI will also address the growing threat of criminal misuse of AI through its 'Policing AI Threat Hub' (PATH).

U.S. Tariffs on Imported Process Equipment Undergo Multiple Changes in 2026, Impacting UK Suppliers

U.S. Tariffs on Imported Process Equipment Undergo Multiple Changes in 2026, Impacting UK Suppliers

U.S. Tariffs on Imported Process Equipment Undergo Multiple Changes in 2026, Impacting UK Suppliers

Meta Pauses AI Training Terms Update Following Widespread Backlash

Meta Pauses AI Training Terms Update Following Widespread Backlash

Meta Pauses AI Training Terms Update Following Widespread Backlash

Citigroup downgrades US equities to 'neutral' on AI concerns

Citigroup downgrades US equities to 'neutral' on AI concerns

Nov 9 (Reuters) - Citigroup strategists downgraded US equities to "neutral" from "overweight," saying they were looking for cleaner positioning and more stable sentiment around AI stocks after a sharp selloff on concerns about soaring AI spending and tougher regulation.

Three Individuals Charged in $129 Million Deepfake Fraud Scheme Impersonating Executives and Attorneys

Three Individuals Charged in $129 Million Deepfake Fraud Scheme Impersonating Executives and Attorneys

Three individuals, Jacob Soall, Sharon Hazan, and Guy Sheetrit, have been charged in the U.S. for their alleged involvement in a $129 million deepfake fraud scheme. The scheme involved using AI to impersonate corporate executives and attorneys from major law firms. The conspirators would typically initiate contact by impersonating a CEO, requesting an employee's assistance with a confidential financial transaction. They would then direct the employee to contact supposed lawyers, who were also impersonated by the fraudsters, to legitimize the transaction. These fake lawyers would then instruct the employee to wire large sums of money to bank accounts controlled by the conspirators. Jacob Soall, a UK citizen, primarily impersonated the lawyers, using a handwritten script to prevent victims from discussing the communications. Sharon Hazan and Guy Sheetrit, both Israeli citizens, were involved in laundering the illicit funds. The FBI reports that the trio stole over $129 million from various entities, includin...