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International Criminal Court reports cybersecurity 'incident'

The International Criminal Court (ICC) on Tuesday disclosed a hacking incident, a breach at one of the world's most high profile international institutions.

FTX sues founder Bankman-Fried's parents

Bankrupt crypto exchange FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the expense of FTX's customers.

Arm shares eye third straight day of losses as post-IPO buzz fizzles

Shares in Arm Holdings were down 6.1% on Tuesday, on track for their third decline out of the stock's first four sessions as a listed company as investor interest faded in the biggest initial public offering for the year so far.

UK minister rejects Microsoft criticism of decision to block Activision deal

British business minister Kemi Badenoch said on Tuesday she did not agree with Microsoft President Brad Smith that the Competition and Market Authority's initial decision to block its purchase of videogame maker Activision was bad for Britain.

AI startup SambaNova launches new chip designed for higher quality AI

Artificial intelligence chip startup SambaNova Systems announced a new semiconductor on Tuesday, designed to allow its customers to use higher quality AI models at a lower overall cost.

US lawmaker to urge chip industry group to reduce China investments -source

The chair of the U.S. House of Representatives' committee on China on Tuesday planned to meet with a semiconductor industry group to express concerns over U.S. investments in China's chip industry, according a source familiar with the matter.

Britain invites China to its global AI summit

Britain has invited China to its global artificial intelligence (AI) summit in November, with foreign minister James Cleverly saying the risks of the technology could not be contained if one of its leading players was absent.

SiTime shrinks a chip for 5G and defense work with new tech

SiTime on Tuesday said it has shrunk a new chip for use in 5G networks and military electronics to about nine times smaller than existing products on the market.

Legal AI startup Paxton AI announces $6 million seed funding 

Legal artificial intelligence startup Paxton AI has raised $6 million in seed funding led by WVV Capital, with participation from Kyber Knight and 25Madison, the company said on Tuesday.

Nigeria crypto usage growing further, report says

Cryptocurrency usage is growing in Nigeria as Africa's largest economy grapples with a weakening currency and soaring inflation, New York-based blockchain research firm Chainalysis said in a report on Tuesday.

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