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Listen to this article Estimated 2 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Hong Kong authorities on Wednesday charged seven people and two companies with offences including manslaughter and …
Read More »OpenAI files for IPO as AI firms look to make Wall Street debut
Listen to this article Estimated 5 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly …
Read More »U.S. warns shipping firms could face sanctions over paying Iran’s Strait of Hormuz tolls
The United States is warning shipping companies that they could face sanctions for making payments to Iran to safely pass through the Strait of Hormuz. The alert, posted on Friday by the U.S. Office of Foreign Assets Control (OFAC), adds another layer of pressure in the standoff between the U.S. …
Read More »Sora, OpenAI’s generative video app, is history. Here’s what that means for the firm’s future
Just six months ago, OpenAI was touting the latest version of its generative AI video model Sora as “the beginning of a completely new era” for creators, one it said would bring “a lot of joy, creativity and connection to the world.” But Sora — a platform that could generate …
Read More »Trump administration gives up legal battle to impose executive order on 4 law firms
Listen to this article Estimated 4 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. The U.S. Justice Department has dropped a legal bid to revive President Donald Trump’s executive orders …
Read More »Manitoba cuts ties with dozens of private nursing agencies to curb reliance on the firms
A nurse is warning rural hospitals may have an even tougher time filling shifts in the new year as the Manitoba government ends its relationship with dozens of companies supplying its health-care system with agency nurses. Manitoba will only work with four private agencies to fill vacant shifts at public …
Read More »Law Society of Ontario failed to spot Toronto firm’s years-long, $7M fraud
A boutique Toronto law firm at the centre of a $7-million embezzlement case appears to have passed a financial spot check by the Law Society of Ontario years after the managing partner admits she began stealing client money to fund a lavish lifestyle. In the summer of 2022, when the …
Read More »Canadian firms risk falling behind U.S. as AI adoption lags, report warns – National
A new survey shows that Canadian companies are not adopting artificial intelligence (AI) technology as quickly as U.S. counterparts — and it may be putting them at a competitive disadvantage. The survey from KPMG polled 250 companies with revenue of $500 million or higher, 90 of which were in Canada …
Read More »Iran spying: Canadian firm’s axed 2019 deal raises questions about working with regime – National
A small Canadian telecom service firm is taking issue with a tech watchdog’s report that it discussed working with an alleged front company to help Iranian officials spy on civilians. Citizen Lab, the Toronto-based digital and human rights organization, alleged in a Monday report that Port Coquitlam, B.C.-based PortaOne was …
Read More »IT firms poaching talents to meet 5G service demand
As Indian information technology companies gear up for 5G technology to provide backup support to the telecom service providers (TSPs), some of the mid-tier firms are in poaching mode and even looking at talented workers from smaller companies. According to sources, even large IT companies such as Tata Consultancy Services …
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