On London's streets, facial recognition tests the balance between security and liberty

The operation was an example of a technology the ​Metropolitan Police say is transforming policing, helping officers arrest around 2,500 wanted people since the start of 2024, including suspects accused of violent ​and sexual offences.

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China's JD.com weighs £2 billion bid for UK retailer The Very Group: Report

The move would follow JD.com's ​earlier UK efforts, including its failed takeover bid for electricals group ​Currys and its decision ⁠last year ‌to walk away ​from ​talks to acquire Argos ⁠from Sainsbury's.

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Activision shareholders reach $250 million settlement over Microsoft buyout

Shareholders of Activision Blizzard reached ‌a $250 ⁠million settlement ⁠over ​allegations that Microsoft and ​former executives of the ​maker ⁠of the "Call ‌of ​Duty" ​video ⁠game shortchanged them when the ​software giant acquired ​it in 2023 for $75.4 billion, according ‌to a late Thursday ​court ​filing ⁠in a Delaware state court.

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Wakefit reports profit of Rs 122 crore in Q4, revenue up 15% YoY

Wakefit reported a significant turnaround in FY26, achieving a net profit of Rs 121.8 crore in Q4 against a loss in the previous year. This surge was partly due to a one-time deferred tax credit. Operating revenue also saw a 15% year-on-year increase, driven by strong mattress sales, despite moderating discretionary spending in the latter half of the quarter.

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Ubisoft counts cost of restructuring with record annual loss

French games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial year, in the midst of a far-reaching restructuring, game delays and cancellations. - AI hopes - Ubisoft had no major releases during the 2025-26 financial year apart from strategy game " Pax Romana".

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OpenAI preparing to file for IPO in coming days or weeks: Report

The ChatGPT ​maker is working with bankers at firms, including ​Goldman Sachs and ⁠Morgan Stanley, ‌on a ​draft ​IPO prospectus that ⁠it plans to file confidentially ​with regulators soon, possibly ​as early as Friday, the report said.

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Google kicks off I/O conference with AI upgrades for coders, consumers

Google CEO Sundar Pichai announced major AI advancements at the company's developer conference. New tools like Docs Live and Ask YouTube were revealed. Gemini AI now boasts 900 million users. The company also launched Gemini Omni, a new video generation model. These updates aim to strengthen Google's position in the AI race.

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Meta lays out plans for May 20 layoffs, restructuring, internal document says

In ​the document, ⁠the Facebook owner's head of ​human resources also told ​employees that "many leaders will announce org changes" in coordination with the layoffs.

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Elon Musk loses lawsuit against OpenAI

A significant verdict has emerged from the courtroom as a jury rejected Elon Musk's lawsuit against OpenAI, finding the company not liable for any wrongdoing. Musk contended that OpenAI had lost sight of its core mission to serve humanity's best interests, but the jury ruled that Musk's claims were untimely.

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Salesforce not building AI to displace humans: Vala Afshar

Salesforce is developing digital labor platforms using AI. The company emphasizes that these AI tools are designed to enhance human capabilities, not replace them. By automating repetitive tasks, Salesforce aims to free up employees for more creative and strategic work. This approach has already led to internal reskilling and growth within the company.

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Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuation

Chipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure startup at approximately $100 million. Earlier this year, Simplismart said its AI inference platform would be made available on Nvidia infrastructure as the startup expanded its enterprise AI offerings.

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