Reuters

Limited Support for Central Bank Digital Currencies in Global Investment Industry Survey

The latest comprehensive survey conducted by the CFA Institute, encompassing over 4,150 respondents from the global investment industry, revealed limited support and a lack of understanding regarding CBDC adoption. LONDON (Reuters) -The most comprehensive survey of the global investment industry on central bank digital currencies to date has shown both limited support and a lack […]

Factbox-Governments’ Efforts to Regulate AI Tools

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate AI tools: AUSTRALIA * Seeking input on regulations The government requested advice on how to respond […]

Huawei Launches In-House Software System after Being Cut Off from US Services

China’s Huawei Technologies said on Thursday it is replacing internal software management systems it once sourced from U.S. vendors with its own in-house version, hailing it as a victory over U.S. curbs that once threatened its survival. Huawei held an internal ceremony to celebrate the switch to its own ‘MetaERP’ (enterprise resource planning system) in […]

India Sees Apple Nearly Tripling Investment, Exports in Coming Years

By Krishna N. Das and Tanvi Mehta NEW DELHI (Reuters) – U.S. tech giant Apple <AAPL.O> could double or triple investments in India, along with exports, over the next few years, a minister said, as the company opened a second store in the world’s biggest smartphone market after China. Apple mainly assembles iPhones in India […]

Google to Use Generative AI in Its Ad Business - FT

Alphabet Inc’s Google plans to introduce generative artificial intelligence into its advertising business over the coming months to create “novel” advertisements, the Financial Times reported on Thursday, citing an internal presentation. Generative AI is a type of technology that relies on past data to create rather than identify content. Last month, Google began the public […]

EU Proposes $1.2 Billion Plan to Counter Growing Cybersecurity Threats

The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents. The growing use of cyber warfare in the military conflict between Russia and Ukraine has also triggered alarm. “The EU Cyber Solidarity Act will strengthen solidarity at Union level […]