Search results for "new ai"

EU Steps up WTO Case Against China over Patents, Lithuania

The European Commission said on Wednesday it had requested the formation of adjudicating panels at the World Trade Organization, the next step in two trade disputes with China after failing to resolve them bilaterally. The disputes, both brought to the WTO at the beginning of the year, concern alleged Chinese restrictions on EU companies’ rights […]

Is It the End of Emails?

Emails Could Be Replaced as the Communication Staple Emails have held their position as a centerpiece of workplace communications for years — they’re quick, simple, and free to use. But recent data suggest emails are slowly being replaced by real-time communication apps, like Slack and Microsoft Teams. So, in a time of instant messaging, is […]

S&P Posts 4th Straight Decline as Recession Talk Weighs on Wall Street

Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession. Meta Platforms Inc dragged down markets, with its shares sliding 6.8 percent following reports that European Union regulators have ruled the company […]

Exclusive: Goldman Sachs on Hunt for Bargain Crypto Firms After Ftx Fiasco

Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX’s implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to pick up business, Mathew McDermott, Goldman’s […]

Exclusive: Google Launches Anti-Misinformation Campaign in India

Google’s Jigsaw subsidiary is launching a new anti-misinformation project in India, aimed at preventing misleading information that has been blamed for inciting violence, a top executive said. The initiative will use “prebunking” videos – designed to counter false claims before they become widespread – circulated on the company’s YouTube platform and other social media sites. […]

Factbox-What Does Elon Musk’s Brain Chip Company Neuralink Do?

Neuralink, the Elon Musk company that Reuters reported on Monday is the target of a federal investigation over its animal trial program, has been trying to develop a brain chip that would enable the paralyzed to walk and the blind to see. Here is more on what Neuralink does. WHAT IS NEURALINK DEVELOPING? Founded in […]

The Impact of Dubai's 4.5 Work Week

The UAE’s announcement that the nation would go to a 4.5-day workweek was a turning point. Still, according to reports from the World Economic Forum in Davos, the decision is already paying off. Experts spoke on a panel about the advantages of a four-day workweek at the WEF in Davos, Switzerland. Emphasizing how flexible work […]

India’s Digital Rupee Fails to Excite Interest, Bankers Say

A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefits, several bankers said. Seven bankers told Reuters that using the e-rupee of the Reserve Bank of India (RBI) was much the same as internet-based banking that users were already satisfied with. The RBI […]

Explainer-Why the U.S. Inflation Reduction Act Has Europe up in Arms

French President Emmanuel Macron will use a state visit to Washington this week to press European Union concerns about the United States’ huge new green energy subsidy package. While EU countries welcome the new commitment to energy transition, they fear the $430 billion Inflation Reduction Act will put their companies at an unfair disadvantage. WHY […]

TSMC Plans to Make More Advanced Chips in U.S. on Apple’s Push - Bloomberg News

Taiwan Semiconductor Manufacturing Co will offer advanced 4-nanometer chips when its new $12-billion plant in Arizona opens in 2024, spurred by U.S. customers including Apple Inc to do so, Bloomberg News reported on Thursday. TSMC is expected to announce the new plan when U.S. President Joe Biden and Commerce Secretary Gina Raimondo visit Phoenix for […]