Arm Jumps on Report That Meta Will Be First Client for New Chip
Arm Holdings Plc rose as much as 8.4% after the Financial Times reported that it landed Meta Platforms Inc. as an early customer for a new chip.
The chip is poised to be the first that Arm is selling under its own brand, and it should be unveiled as early as this summer, the Financial Times said, citing unidentified people familiar with the matter. The UK-based company made its name as a chip designer, licensing its technology to others instead of making its own products.
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Forbes
33 minutes ago
- Forbes
AI And Domestic Violence: Boon, Bane — Or Both?
Output of an Artificial Intelligence system from Google Vision, performing Facial Recognition on a ... More photograph of a man, with facial features identified and facial bounding boxes present. (Photo by Smith Collection/Gado/Getty Images) One evening, a woman clicked open the camera app on her phone, hoping to capture what nobody else was around to see — her partner's escalating rage. Their arguments followed a familiar pattern: she would say something that set him off, and he would close the physical distance between them, screaming in a high-pitched voice, often threatening her with violence. 'I'd never actually do it, of course,' he would often say later on, once the dust had settled between them. 'You're the one mentally torturing me.' Sometimes, the response would escalate even further. He would throw her phone across the room, upset by the 'invasion of [his] privacy', or snatch an object from her hands, raising it as if to strike her with it. No physical bruises were left, but the writing was on the wall — with no device to capture it, no alert to trigger and no safe place to store the evidence. For many women, this isn't a plot point from a cringey Netflix drama — it's near-daily reality, and comprises the kind of behavior that rarely results in a police complaint. Notably, while threats of physical harm are explicitly criminal in many jurisdictions — including India and the U.S. — they've long gone undocumented and unprosecuted. Experts note that this very pattern — escalating verbal threats, threatened or actual destruction of property and intimidation — often marks the early stages of more serious and damaging domestic violence. And in certain contexts, AI-enabled tools are making it easier to discreetly gather evidence, assess personal risk and document abuse — actions that were previously unsafe or more difficult to carry out. At the same time, these technologies open up unprecedented avenues for new forms of harm. Increasingly, the most common 'eyewitness' in situations like these is a phone, a cloud account or a smart device — secretly recording, storing and offering support or a lifeline. But just as easily, the same tools can be turned into instruments of control, surveillance and even manipulated retaliation. Tech For Good Around the world, one in three women has experienced physical or sexual violence by a partner, according to the World Health Organization. As AI becomes more embedded in everyday devices, a growing number of tools have come up, often with the stated goal of making homes safer for those at risk — particularly those experiencing intimate partner violence. During the COVID-19 pandemic, as cases of domestic violence surged, Rhiana Spring, a human rights lawyer and founder of the Swiss-based nonprofit Spring ACT, saw an opportunity to deploy AI for good. Her organization developed Sophia, a chatbot that offers confidential, 24/7 assistance to domestic violence survivors. Users can talk to Sophia without leaving a digital trace, covertly seek help and even store evidence for use in legal proceedings. Unlike traditional apps, Sophia doesn't require a download, minimizing surveillance risks. 'We've had survivors contact Sophia from Mongolia to the Dominican Republic,' Spring told Zendesk after winning a Tech for Good award in 2022. Meanwhile, smart home cameras, like those from Arlo or Google Nest, now offer AI-driven motion and sound detection that can distinguish between people, animals and packages. Some can even detect screaming or unusual sounds and send alerts instantly — features that can be valuable for creating a digital record of abuse, especially when survivors are worried about gaslighting or lack physical evidence. Several CCTV systems also allow cloud-based, encrypted storage, which prevents footage from being deleted or accessed locally by an abuser. Services like Wyze Cam Plus offer affordable cloud subscriptions with AI tagging, and features like 'privacy masking' allow selective blackouts in shared spaces. For discreet assistance, several smartphone apps also integrate AI with panic alert features. Examples include MyPlan, Aspire News — which poses as a news app but offers emergency contacts and danger assessment tools — and Circle of 6. Smart jewelry like InvisaWear and Flare hide panic buttons in accessories, where, with a double-tap, users can clandestinely notify emergency contacts and share their GPS location. Beyond home safety and personal apps, AI is also entering hospitals and law enforcement in the context of domestic violence response and prevention. Dr. Bharti Khurana, a radiologist at Brigham and Women's Hospital, developed an AI-powered tool called the Automated Intimate Partner Violence Risk Support (AIRS) system, which scans medical records and imaging data for subtle injury patterns often missed by doctors and flags patients who may be victims of abuse. According to Khurana's team, AIRS has helped identify domestic violence up to four years earlier than patients typically report it. Another U.S.-based initiative, Aimee Says, was launched in Colorado to help survivors navigate the complexities of the legal system. The chatbot walks users through the process of filing protection orders, finding support organizations and understanding their rights. The app features guest mode sessions that disappear after use as well as a hidden exit button for quick redirection if an abuser walks into the room. 'We want to be there before the person is ready to reach out to a victim service organization — hopefully, early enough to prevent a future of violence,' said co-founder Anne Wintemute in a December 2024 interview with The Decatur Daily. Double-Edged Sword In India and much of the Global South, domestic violence continues to be rampant, widespread and hugely underreported. According to the National Family Health Survey (NFHS-5), nearly one in three Indian women aged 18 to 49 has experienced spousal violence — but only a fraction seek help, often due to stigma, dependency, fear of escalation or lacunae in response frameworks and accountability. In these contexts, AI has the potential to be a particularly powerful tool — helping survivors document abuse or seek help — but its reach is limited by access, resources and trust in the technology itself. Surveillance concerns also loom large, especially in environments where privacy is already compromised. Moreover, the same technologies that support survivors can also open new avenues for harm — particularly when wielded by abusers. Deepfake technology, which uses generative AI to produce hyper-realistic fake audio, images or video, is already complicating legal proceedings, with fabricated call logs, messages or videos sometimes used to falsely implicate victims. In restraining order hearings or custody disputes, which often happen quickly and with limited fact-finding, courts may have little time or capacity to assess the authenticity of digital evidence. Products that store data, enable remote surveillance and monitor behavior can just as easily become weaponized by abusers. Few tech companies offer transparency and answerability on how their tools could be misused in these ways, or build in strong enough safety features by design. 'In parallel, the emergence of deepfake technology … also raises alarms regarding privacy invasion, security risks and propagation of misinformation,' warned Supreme Court Justice Hima Kohli of India, explaining how easy it has become to manipulate trust in digital content. The same code that is used as a lifeline, then, can also become a weapon in the same breath. As AI evolves, while the real test for the tech industry is indeed about how 'smart' their tools can become, it's also about how safely and justly they can adapt to serve those who need them most.
Yahoo
an hour ago
- Yahoo
Home sales jump by a quarter month on month in May following April slump
The number of home sales picked up by a quarter month on month in May following a plunge in April as a stamp duty holiday ended, according to HM Revenue and Customs (HMRC) figures. Across the UK, around 81,470 home sales were recorded provisionally in May, which was 25% higher than April but a 12% fall compared with May 2024. Stamp duty discounts became less generous for some homebuyers from April, with people rushing to complete deals before the deadline. Stamp duty applies in England and Northern Ireland. HMRC's report said: 'The increase in transactions for May follows decreased transactions for April, which were likely brought forward into March to take advantage of the higher thresholds.' Tom Bill, head of UK residential research at Knight Frank, said: 'Housing transactions are still clambering back to normal levels after the stamp duty cliff-edge earlier this year.' He added: 'One thing slowing down the process is the vast quantity of stock on the market, which means asking prices need to be kept realistic to trigger activity. 'At this halfway point in the year, the tariff and stamp duty chaos are largely behind us, but tax rise speculation ahead of the Budget could see some buyer hesitation creep back in.' Nick Leeming, chairman of Jackson-Stops, said: 'In the current market, it's essential for sellers to remember there is always demand for a sensibly-priced property.' Nathan Emerson, chief executive officer of property professionals' body Propertymark, said: 'We have seen positivity regarding the number of properties coming to the market.' Richard Donnell, executive director at Zoopla, said data from the website indicates that 'new sales are being agreed at the fastest rate for four years, as more homes for sale means more buyers in the market, with the stamp duty changes in the distant past in the minds of home buyers'. He said: 'The market remains on track for 1.15 million sales in 2025, up 5% on 2024 levels as more households move home.' Amy Reynolds, head of sales at London-based estate agent Antony Roberts, said: 'The spring/summer market is traditionally a time when people prefer to move and this is being reflected in transaction numbers. 'There's plenty of desire to buy in the core price ranges and we're also seeing a rise in first-time buyer activity, even though the stamp duty holiday has ended. 'Many are receiving help from family and being driven by pressures in the rental market, where demand far exceeds supply and rental listings have dropped sharply.' Mark Harris, chief executive of mortgage broker SPF Private Clients, said: 'Transaction numbers have risen again as (Bank of England) base rate reductions encourage activity and enable borrowers to plan ahead with more confidence. 'We expect interest rates to fall further from their current level although the pace and size of cuts may be more gradual than the markets thought only a few weeks ago as a result of higher inflation and the wider economic picture. 'In the meantime, lenders continue to trim their mortgage rates as swap rates fall. Easing of criteria should also enable borrowers take on bigger mortgages in coming months.' Several mortgage lenders have recently announced changes to their affordability criteria, enabling some borrowers to take out bigger loans. This follows clarification from the Financial Conduct Authority (FCA), which also launched a discussion paper this week inviting debate on the future of the mortgage market to help support borrowers. Tony Hall, head of business development at Saffron for Intermediaries, said: 'Looking ahead, there are reasons to remain optimistic. 'With summer demand building and more homes coming to market, conditions are gradually shifting in buyers' favour as we move into the second half of the year.' Kevin Roberts, managing director of L&G's mortgage services business, said: 'Today's figures are encouraging for the industry, especially after the flurry of activity we saw in March to beat the stamp duty changes deadline.' Iain McKenzie, chief executive of the Guild of Property Professionals, said: 'The rush to complete in March created an artificial lull, but we are now seeing the return of genuine, underlying demand.' He continued: 'The recent (Bank of England base rate) cut to 4.25% has provided a welcome boost to buyer affordability. 'However, the most significant catalyst is the relaxation of affordability criteria from lenders. By enabling buyers to borrow more and stress-testing against more realistic rates, lenders have unlocked a new wave of purchasing power, playing a crucial role in driving these transactions forward.' He added: 'Buyers now have more choice than they've had for years, which is helping to keep price growth sustainable.'
Forbes
an hour ago
- Forbes
Tycoon Savitri Jindal's JSW Paints To Buy Akzo Nobel's India Business In $1.6 Billion Deal
Buckets of Dulux branded paint sit stacked on a pallet at an Akzo Nobel India Ltd. paint factory in ... More Gwalior, Madhya Pradesh, India, on Thursday, June 1, 2017. Photographer: Udit Kulshrestha/Bloomberg JSW Paints—backed by tycoon Savitri Jindal and her family—has agreed to buy a majority stake in Akzo Nobel's India business in a deal valued at €1.4 billion ($1.6 billion), including debt, doubling down on the industry despite intensifying competition. Under the deal, Amsterdam-based Akzo Nobel will receive €900 million cash from the sale, while the rest of the proceeds will be used to pay down debts, according to a joint statement released on Friday. 'With JSW, we are confident the business is in the hands of a long-term partner with deep local expertise and strong ambitions in the sector,' Greg Poux-Guillaume, CEO of Akzo Nobel said in the statement. The deal is subject to regulatory approval. JSW will also need to make a mandatory tender offer for the remaining shares in Akzo Nobel India, the maker of Dulux paints. 'We aspire to build the paint company of the future,' Parth Jindal, managing director of JSW Paints, said in the statement. 'With the Magic of Dulux and Thoughtfulness of JSW Paints, we look forward to delighting customers and building lasting value for our stakeholders'. JSW Paint is expanding even as competition in the industry is heating up. Earlier this month, Reliance Industries sold most of its Asian Paints shares worth 77 billion rupees ($895 million). Reliance, which invested nearly 20 years ago, has been reducing its stake amid slowing demand and rising competition from new players such as billionaire Kumar Birla's Birla Opus. Jindal is the chair of JSW Group, which she inherited from her late husband, Om Prakash Jindal. She and her family have an estimated net worth of $37.9 billion, according to Forbes' real-time data. Her son, Sajjan Jindal, based in Mumbai, manages the group's major businesses, including JSW Steel, JSW Cement, and JSW Paints.
