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Wise under investigation over money laundering control concerns
Posted on“The findings primarily concern the use of Wise accounts for criminal purposes, with indications of non-compliance with anti-money laundering legislation, particularly due to a failure to identify customers and their activities,” the spokesperson added.
Anthropic boss rejects Pentagon demand to drop AI safeguards
Posted on“We will not knowingly provide a product that puts America’s warfighters and civilians at risk,” Amodei said. “Without proper oversight, fully autonomous weapons cannot be relied upon to exercise the critical judgment that our highly trained, professional troops exhibit every day. They need to be deployed with proper guardrails, which don’t exist today.”
Trumps immigration data dragnet
Posted on“I’ve seen the apps and I don’t like them,” says a DHS official who left this year. “It’s rife for abuse.I imagine they’re being used in ways they were not intended.” He highlighted the risks of misidentification, noting that facial recognition often has elevated error rates for people of colour. “I have no confidence that…
Starbucks to close some US and UK stores
Posted onStarbucks will cut about 900 jobs and close its worst performing stores in the US as well as some in the UK as part of a cost-saving restructure, the coffee chain said. Most of the stores earmarked for closure are in North America and its chief executive said the revamp would reduce wait times and…
