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IT Infrastructure & Systems

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News articles

• Weakening AI copyright law will spell ‘disaster for creativity’, global music body warns Albanese
  Source: The Guardian - World

  The international music industry warned that weakening copyright protections for artificial intelligence could damage creative work and rights holders.

• Italian foreign minister says hackers leaked his personal data
  Source: BBC News - World

  Italy’s foreign minister reported a leak of personal data attributed by the prime minister to pro-Russian hackers.

• 'My mortgage is going up £200': How rising interest rates are hitting people's pockets
  Source: BBC News - Business

  With UK interest rates set to rise, mortgages, credit cards and loans could get more expensive for millions.

• Global stocks fall amid ‘big worries over AI’ after Democrats’ midterms triumph
  Source: The Guardian - World

  Asian and European markets follow US tech rout with many analysts predicting more waves of selling to come European and Asian stock markets fell sharply on Friday after the Democrats’ decisive victory in the midterms triggered a rout in US tech stocks a day earlier. A sell-off on Wall Street on Thursday was followed by sharp falls in Asian stock markets on Friday. The investor sentiment then reached London, where the market was, at one stage, poised for its worst day since March. Continue reading...

• Three men charged in US with using AI to impersonate CEOs and steal millions
  Source: The Guardian - World

  Men allegedly impersonated voices and images of executives to convince employees to send large payments Three foreign nationals were arrested and charged with using AI to allegedly impersonate corporate CEOs and attorneys to steal over $100m, according to an indictment that was newly unsealed by the US Department of Justice. According to a press release from the United States attorney’s office for the southern district of New York, three men – Jacob Soall, Sharon Hazan, and Guy Sheetrit – were arrested for using AI to alter and impersonate the voices and images of executives and attorneys at various companies in order to convince employees to send over large payments. Soall and Hazan were arrested in Spain over the summer, while Sheetrit was arrested in the United Kingdom in September. The alleged fraud took place between 2024 and 2026. Continue reading...

• AI stocks climb after trillions wiped from market values
  Source: BBC News - Business

  Investors had been selling off tech shares in part due to concerns the Democrat election victory would mean slower AI development.

• Protesters break into Microsoft data centre site in Amsterdam
  Source: Al Jazeera English - News

  Protesters break into Microsoft data centre site in Amsterdam. Data centres face protests across Europe due to the massive amounts of computing power and water they use.

• Activists break into building site of Microsoft datacentre in Amsterdam
  Source: The Guardian - World

  Separate actions also take place outside fence and across Europe in backlash against impact of AI boom Activists have stormed the site of a Microsoft datacentre being built in Amsterdam, as the backlash to the social and environmental harms of the AI boom spreads across Europe. Protesters from Geef Tegengas, a Dutch direct action group, clashed with police while breaking into a construction site at Westpoort, Amsterdam, where some members climbed a crane, lit flares and tied helium balloons to equipment. Continue reading...

• Food bank to close amid rising costs
  Source: BBC News - Business

  A food bank in Goole annouces it will close in January as costs rise and donations drop.

• Data center protesters break into Microsoft site in Amsterdam
  Source: Deutsche Welle - English

  Protesters are demanding a pause in data center construction in Europe. Campaigners planning protests in 16 countries say the AI building boom threatens water supplies, power grids and climate goals.

• Winter support for residents facing cost pressures
  Source: BBC News - Business

  The plans aim to help more people access food, financial advice and help with heating costs.

• Protests and reforms: France's rising debt costs threaten stability
  Source: Deutsche Welle - English

  France plans to spend an extra €4 billion on education amid nationwide protests. But with public debt mounting and interest costs climbing, how much fiscal room does the government have?

• 'I've taken an extra job to pay for heating oil'
  Source: BBC News - Business

  People in Sussex say they are taking on extra work and not heating their homes due to oil prices.

• European shares join a global sell-off as AI spending fears rattle Wall Street and Asian markets
  Source: Deutsche Welle - English

  European shares have fallen after sharp losses in Asia and on Wall Street. Doubts over huge AI investments and fears of curbs following the Democrats' US midterm victory have rattled global markets.

• UK found to be ‘dangerously’ reliant on China for critical minerals needed for defence and AI
  Source: The Guardian - World

  Delivering net zero also at risk, say MPs as they call for centralised policy and funding for mines and diversification The UK is “dangerously” dependent on China for critical raw materials needed for the military, renewable energy infrastructure and AI, a parliamentary investigation has found. MPs on the business select committee called for an urgent centralised policy and the creation of a “critical minerals finance facility” to help fund rare earth and other critical mineral mines, and deploy grants, equity and debt to accelerate a diversification programme. Continue reading...

• Pound rises to its highest level since the Brexit referendum
  Source: BBC News - Business

  Pound reaches highest level against a basket of currencies since the Brexit referendum a decade ago.

• EU urges action as Germany, Romania and UK report supermarket cyberattacks
  Source: Al Jazeera English - News

  EU says supermarket hacks in at least 11 countries are 'not isolated', but a Romanian official suspects no state actor.

• No more rice grains in Kellogg's Rice Krispies due to changing weather
  Source: BBC News - Business
• Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
  Source: The Guardian - World
• Canva announces major job cuts after 'our hardest year yet'
  Source: BBC News - Business
• Graduates are managing AI - but are they learning much else?
  Source: BBC News - Business
• AI ‘godfather’ Geoffrey Hinton: it might turn out we were better off without AI
  Source: The Guardian - World
• UK and EU agree draft deal to scrap Brexit red tape over food exports
  Source: BBC News - Business
• Food suppliers in UK hit by cyber-attacks after freezers targeted in Europe
  Source: The Guardian - World
• Binance says fake job interviews used as part of $6.3bn crypto hack
  Source: BBC News - World
• Europe on alert after supermarket freezers hit by cyber-attacks in 10 countries
  Source: BBC News - World
• Major test for Australia's social media ban begins in High Court
  Source: BBC News - World
• If hackers can take control of a supermarket freezer, how vulnerable is other tech?
  Source: BBC News - World
• 'All this food is now useless': Piles of rubbish after shop freezers hit by cyber-attack
  Source: BBC News - World
• What we know about the alert app hack in Ukraine and Russia
  Source: BBC News - World
• Binance's $6.3bn crypto hack biggest in history
  Source: BBC News - Business

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