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Italian Minister Says Country’s Ban on ChatGPT Is Excessive

Italy’s deputy prime minister on Sunday criticised a decision by the government’s Data Protection Authority to temporarily ban chatbot ChatGPT, saying the block over privacy concerns seemed excessive. Microsoft-backed OpenAI took ChatGPT offline in Italy on Friday after the national data agency raised concerns over possible privacy violations and for failing to verify that users […]

Don't Believe the Hype: IIoT Technology Doesn’t Expand Attack Surface  

The Industrial Internet of Things (IIoT) technology has been rapidly growing in popularity in recent years. With IIoT, manufacturers can monitor their equipment, reduce downtime, and optimize production processes. However, concerns about IIoT attacks have led some to question whether IIoT increases the attack surface and makes industrial equipment more vulnerable to cyber-attacks. This article […]

Hard Questions’’Completely Blown’VW Pledges Commitment to Electric Mobility in China, Urges Extension of Tax Breaks

 A senior Volkswagen AG China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second largest economy despite issues such as intensified competition and weak demand. VW plans to increase the number of charging posts for electric vehicles in China to 17,000 by 2025, as it planned […]

Apple Wins U.S. Appeal Over Patents in $502 Million Virnetx Verdict

Apple Inc persuaded a U.S. appeals court on Thursday to uphold a patent tribunal’s ruling that could imperil a $502 million verdict for patent licensing company VirnetX Inc in the companies’ long-running fight over privacy-software technology. The U.S. Court of Appeals for the Federal Circuit affirmed a decision from the U.S. Patent and Trademark Office […]

Manchin Threatens to Sue U.S Treasury Over EV Tax Credit Rules

Senate Energy Committee Chair Joe Manchin said on Wednesday he may go to court after the U.S. Treasury releases guidance later this week on battery sourcing guidance for electric vehicle tax credits. “If it goes off the rails” and violates the intent of the climate legislation approved in August, “I will do whatever I can […]

German Inflation Eases Less Than Expected in March

German inflation eased significantly in March on the back of lower energy prices but still came in above forecast, adding to pressure on the European Central Bank to further tighten its monetary policy. German consumer prices, harmonised to compare with other European Union countries, rose by an annual 7.8% in March, preliminary data from the […]

Yellen Says US Bank Rules May Be Too Loose, Need to Be Re-Examined

U.S. Treasury Secretary Janet Yellen said on Thursday that banking regulation and supervisory rules need to be re-examined in the wake of the Silicon Valley Bank and Signature Bank failures to ensure current banking system risks are addressed. In remarks prepared for delivery to the National Association for Business Economics, Yellen also called for stronger […]