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Masayoshi Son says AI will cost $5tn a year by 2040, and calls bubble talk absurd
“Every year $5 trillion, or 800 trillion yen, you might think that’s a lie, but I am confident that’s what it will cost.” That was Masayoshi Son on Tuesday, at SoftBank’s annual corporate conference in Tokyo, telling the room what building artificial intelligence will require each year
Australia finds serious gaps in Big Tech’s response to child sexual abuse online
Australia’s online safety regulator has told the largest technology companies in the world that the tools to stop sexual extortion already exist, and that they are not using them. In a transparency report published on Tuesday, eSafety said companies including Apple, Meta, and Google have “significant gaps” in how
Ericsson revenue falls 6% as component costs bite and licensing income dries up
Ericsson booked SEK 52.7bn of revenue in the second quarter, down 6% from SEK 56.1bn a year earlier, as weaker patent licensing income and currency movements outweighed growth in a handful of regional markets. The Swedish equipment maker published the figures on Tuesday morning. Profit, however, went the
Japan's largest taxi operator Nihon Kotsu hit by cyberattack which forces systems to be shut down
* Japan’s largest taxi operator confirms July 11 malware attack forcing shutdowns of its IT systems and disrupted dispatch and reservation services * Nihon Kotsu isolated networks, notified authorities, and brought in third‑party experts; customers were advised to use alternative taxi apps during the outage * No data leaks have been