Author: Euronews

A recent deepfake video call with what was thought to be a CFO of a company cost €23 million to an undisclosed firm in Hong Kong. ADVERTISEMENTDeepfake fraudulent identity verification attempts have surged by 3,000% over the past year, pointing to an emerging threat as new ways of financial scams emerge.Using false or stolen identity is the number one way of fraudulently getting into a bank account, and victims across the globe are being deprived of billions of their own hard-earned cash.Now, scammers are fooling people using the new technology of generative artificial intelligence (AI) tools that can imitate people’s…

The European Union should suspend its trade and institutional ties with Israel to deter war crimes that amount to genocide in the Gaza Strip, the UN’s special rapporteur on Palestine has said. Source link

A UK energy company is bringing two offshore fields onstream to produce 500 million barrels of oil. Source link

The EU’s €78bn Single Resolution Fund is meant to avoid a repeat of 2008-style taxpayer banking bailouts, but faced a string of legal problems. Source link

The CEO of Web Summit, Paddy Cosgrave, has confirmed on social media that he’s returning to the post. ADVERTISEMENTCosgrave took a step back from Web Summit operations for six months after resigning as its chief executive following comments he made on the Israel-Hamas conflict.”When I stepped back last year, it was the first time I had taken time off in 15 years. It gave me time to think about Web Summit, its history, why I started it on my own from my bedroom and what I wanted it to be,” he said on LinkedIn and Twitter.”I took the time to…

Brussels, my love? explores the potential threat of Trump 2.0. What would happen if a NATO ally were attacked by Putin? Would Trump respond proportionately and in the interests of America’s closest partners? Or would he take the view that he bore no responsibility to respond? ADVERTISEMENTIs the EU fully prepared in the event of Donald Trump returning to the White House? In the last few weeks of his campaign, Republican candidate for president Donald Trump  has given the world a glimpse of his potential approach to Europe, and the war in Ukraine – if he were to return as…

Countries like the UK and Norway are still significantly reliant on North Sea energy resources. However, harsher tax measures have led to several energy companies, such as Shell, pulling back from their offshore oil fields. Source link

The controversial hire of an MEP from EU Commission President Ursula von der Leyen’s own party to a lucrative official post has drawn backlash from lawmakers, activists and her own lieutenants. Source link

Intel has become the latest tech company to release its own artificial intelligence chip, in an attempt to weigh in on the AI boom. ADVERTISEMENTThe semiconductor race continues to heat up with more players trying to overtake each other, in an effort to harness the full capabilities of artificial intelligence. Intel has recently launched its Gaudi 3 AI chip, in what seems to be the company’s answer to Nvidia’s H100 graphic processing unit (GPU), as more tech companies aim to manufacture chips which can use big AI technology.The Gaudi 3 chip is essentially an accelerator chip, and is mainly designed…

The worry of gaining weight is a common excuse for smokers not to quit. The Cube takes a look at a new study which found that both starting smoking and liftetime smoking may increase abdominal fat. Source link