A school removed bathroom mirrors to keep students from making TikToks. Will it work?

Administrators at Southern Alamance Middle School in Graham, NC, recently removed bathroom mirrors after discovering students were spending copious amounts of classroom time in front of them creating TikTok videos. Some students were asking to use the bathroom five or more times a day and spending upwards of five minutes out of class during each excused...

Dutch watchdog fines Uber 10 million euros over privacy regulations infringement

AMSTERDAM (Reuters) -The Dutch data protection authority (DPA) on Wednesday fined Uber 10 million euros ($11 million) for infringement of privacy regulations regarding its drivers' personal data. The DPA found that Uber had not specified in its terms and conditions for how long it retained its drivers' personal data, or how it secured the data when...

Ripple’s XRP falls amid reports it was likely hacked – CoinDesk

(Reuters) - Cryptocurrency company Ripple's XRP token was down more than 5% on Wednesday amid speculation the network was likely hacked and drained of tokens worth $112.5 million, according to a CoinDesk report. Blockchain analyst ZachXBT claimed on social media platform X, formerly Twitter, that 213 million XRP tokens were stolen from one wallet, and laundered...

FTX abandons efforts to re-start its crypto exchange

NEW YORK (Reuters) - FTX has abandoned efforts to re-start its crypto exchange, instead opting to liquidate all assets and return funds to customers, a company attorney said on Wednesday. FTX has been negotiating for months with potential bidders and investors, but none were willing to put in enough money to rebuild the FTX exchange, FTX...

Chief metaverse officers are out. AI is in

Advertising giant Publicis Groupe SA made an unusual executive hire in mid-2022 – a lion-headed digital avatar named Leon who would serve as “chief metaverse officer”, guiding clients through the virtual realm that had seized real-world attention. His moment in the spotlight didn’t last long. Five months later, ChatGPT debuted, and the buzz that had surrounded the...

Analysis-US bitcoin ETFs raise questions over broader financial system risks

LONDON/WASHINGTON (Reuters) - The launch of U.S. exchange-traded funds (ETFs) tracking bitcoin deepens ties between the volatile world of cryptocurrencies and the traditional financial system, potentially creating unforeseen new risks, some experts say. The Securities and Exchange Commission (SEC) this month approved 11 spot bitcoin ETFs from issuers including BlackRock and Invesco/Galaxy Digital, in a watershed...

Amazon, iRobot abandon merger in face of EU opposition

WASHINGTON (Reuters) - Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge in the face of opposition from EU antitrust regulators. iRobot announced a significant restructuring plan to reduce costs and said it would cut about 31% of its workforce, or 350 jobs. The company also said founder Colin Angle...

Western Digital Corp posts wider Q2 loss, sees impact of structural changes

(Reuters) - Data storage products maker Western Digital Corp posted a wider-than-expected quarterly adjusted loss on Thursday, due to the impact of structural changes the company implemented in its flash and HDD businesses. Shares of the company were down about 4% in after-market trading. Last quarter, the company said it would spin off its flash memory business,...

Startup AiDash raises $50 million for tech using AI, satellites to spot wildfire risk

(Reuters) - A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported on Tuesday it had raised $50 million in new funding, reflecting Silicon Valley efforts to create products that help energy companies adapt to climate change. Power utilities are under pressure to cut risks of...

Video-game market recovery to pick up steam in 2024 on strong console sales – report

(Reuters) - A recovery in the global video-game market is expected to pick up pace this year on the back of strong sales of Microsoft's Xbox and Sony's PlayStation 5 consoles, according to research firm NewZoo. The market is set to grow 2.8% to $189.3 billion in 2024, after it rose around 0.6% last year and...