A new pact to facilitate the safe transfer of EU citizens’ personal data to the United States might not come into force in time to avoid a suspension of Facebook’s transatlantic data flows, the U.S. firm’s lead European regulator said on Tuesday. Facebook owner Meta, which has warned a stoppage could force it to suspend […]
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Canada’s main stock index fell more than 1% on Tuesday, including sharp declines for resource shares and the shares of BlackBerry Ltd, as hawkish remarks by Federal Reserve Chair Jerome Powell strained investor sentiment. The Toronto Stock Exchange’s S&P/TSX composite index ended down 239.26 points, or 1.2%, at 20,275.54, its lowest closing level since last […]
The White House said Tuesday it backs a bill in Congress to give the Biden administration new powers to ban Chinese-owned video app TikTok and other foreign technologies that could pose security threats. White House National Security Advisor Jake Sullivan said the bipartisan bill sponsored by a dozen senators “would strengthen our ability to address […]
Throughout history, humans have managed to circumvent long and tedious processes. Henry Ford’s moving assembly line was a quantum leap in manufacturing, so to speak. And in the age of digital advancements, it is no different. The latest concept proposed is quantum computing (QC) based on quantum physics. In layperson’s terms, this type of computing […]
As the world’s population continues to increase, the demand for food rises as well. In the last decade, the world has seen significant advancements in technology, particularly in artificial intelligence. The combination of an expanding population and the growth of technology creates a need for innovative solutions to meet the demand for food. The Netherlands, […]
U.S. stock indexes were set to open slightly higher on Tuesday in cautious trading ahead of Federal Reserve Chair Jerome Powell’s testimony before Congress that could shed more light on the central bank’s interest rate hike plans. The benchmark S&P 500 closed higher for a third straight session on Monday, as Treasury yields took a […]
Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels. The EU law would require all new cars sold from 2035 to have zero CO2 emissions, […]
Salesforce Inc said on Tuesday it was working with ChatGPT creator OpenAI to add the chatbot sensation to its collaboration software Slack, as well as bring generative artificial intelligence to its business software generally. The San Francisco-based company said technology it is calling EinsteinGPT would combine its proprietary AI with that of outside partners, including […]
China will form a new national financial regulatory body, consolidating oversight and replacing its banking and insurance watchdog as part of a wider government overhaul announced on Tuesday that includes plans for a national data bureau. The financial regulation proposal, presented to China’s parliament during its annual meeting, would bring supervision of the industry, excluding […]
U.S. stock index futures edged higher on Tuesday, ahead of Federal Reserve Chair Jerome Powell’s testimony before Congress that could shed more light on the central bank’s interest rate hike plans. The benchmark S&P 500 closed higher for a third straight session on Monday, as Treasury yields took a breather from their recent rally that […]