Elon Musk asks court to dismiss SEC lawsuit over late Twitter stake disclosure
Billionaire Elon Musk filed a motion on Thursday seeking to dismiss a civil lawsuit brought by the U.S. Securities and Exchange Commission (SEC), whic...
U.S. Commerce Department bureaus have reportedly issued a blanket ban on the Chinese AI model DeepSeek for use on government-furnished equipment, according to sources and a mass email seen by Reuters.
The directive, aimed at safeguarding sensitive information, warned staff not to download, view, or access any applications, desktop apps, or websites related to DeepSeek on their government devices.
The ban comes amid growing concerns among U.S. officials and lawmakers that DeepSeek’s low-cost AI models could pose a threat to data privacy and national security. Earlier this year, the release of DeepSeek sparked a significant selloff in global equity markets, as investors feared that its efficiency might erode the United States’ competitive edge in artificial intelligence.
In response to these concerns, Congress members Josh Gottheimer and Darin LaHood of the House Permanent Select Committee on Intelligence introduced legislation in February to prohibit the use of DeepSeek on government devices. They also sent letters to several U.S. governors urging similar bans at the state level, highlighting that use of the app could result in the inadvertent sharing of highly sensitive, proprietary information with the Chinese Communist Party.
Several states, including Virginia, Texas, and New York, have already implemented bans on DeepSeek on government-issued devices, and a coalition of 21 state attorneys general has called on Congress to pass federal legislation to address the issue. The Commerce Department has not yet commented on the ban, and Reuters was unable to determine the full extent of the prohibition across the federal government.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Billionaire Elon Musk filed a motion on Thursday seeking to dismiss a civil lawsuit brought by the U.S. Securities and Exchange Commission (SEC), which accused him of waiting too long in 2022 to disclose a significant stake in social media platform Twitter, later renamed X.
Ford is recalling more than 355,000 pickup trucks across the U.S. after a dashboard instrument display failure was found that may prevent drivers from seeing critical information such as vehicle speed and warning lights.
U.S. chipmaker Nvidia posted revenue of $46.7 billion for the second quarter of fiscal 2026, up 56% from the same period last year and surpassing market expectations, the company announced Wednesday.
The artificial intelligence (AI) boom that has fuelled markets in recent years faces a key test on Wednesday, when industry bellwether Nvidia Corp reports its second-quarter earnings.
Lawyers for billionaire Elon Musk have asked a U.S. judge to prevent ChatGPT-owner OpenAI, from obtaining documents from Meta Platforms related to his previous $97.4 billion bid for OpenAI’s assets, according to a court filing.
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