Biden Administration

Nine More Us States Join Federal Lawsuit Against Google Over Ad Tech

Nine states, including Michigan and Nebraska, have joined a U.S. Department of Justice lawsuit against Alphabet’s Google which alleges the search and advertising company broke antitrust law in running its digital advertising business, the department said on Monday. The states joining the lawsuit were Arizona, Illinois, Michigan, Minnesota, Nebraska, New Hampshire, North Carolina, Washington and […]

S.Korea's top court tells Google to disclose user information sharing -report

South Korea’s top court on Thursday said Alphabet Inc’s Google should disclose whether the technology giant had shared local user information with third parties, news agency Yonhap reported, sending the case back to a lower court. The Supreme Court’s decision came after a group of four plaintiffs filed a lawsuit against Google and its South […]

US Begins Study of Possible Rules to Regulate AI Like ChatGPT

The Biden administration said Tuesday it is seeking public comments on potential accountability measures for artificial intelligence (AI) systems as questions loom about its impact on national security and education. ChatGPT, an AI program that recently grabbed the public’s attention for its ability to write answers quickly to a wide range of queries, in particular […]

Spain Asks EU Data Protection Board to Discuss OpenAI’s ChatGPT

Spain’s data protection agency has asked the European Union’s privacy watchdog to evaluate privacy concerns surrounding OpenAI’s ChatGPT, the agency told Reuters on Tuesday, as global scrutiny of artificial intelligence (AI) systems intensifies. News of the request by the AEPD came as France’s privacy watchdog CNIL said it was investigating several complaints about ChatGPT and […]

Buffett Says Geopolitics a Factor in Berkshire Sale of Tsmc Stake

Warren Buffett called geopolitical tensions “a consideration” in Berkshire Hathaway Inc’s decision to sell most of its stake in Taiwanese chipmaker TSMC just a few months after buying it, Nikkei reported on Tuesday. Berkshire had bought more than $4.1 billion of Taiwan Semiconductor Manufacturing Co’s shares between July and September 2022, but in February said […]

The Developing Countries Facing a Debt Crisis

The record number of developing nations at risk of a debt crisis will be high on the agenda next week when central bankers, finance ministers and political leaders convene for the World Bank Group and International Monetary Fund (IMF) spring meetings. Ballooning inflation, escalating borrowing costs and a strong dollar have made repaying loans and […]

Italy Probes Meta Over Abuse of Position in Music Rights Case

 Italy’s antitrust authority said on Wednesday it would investigate Meta Platform over the possible abuse of its position in talks over the rights to music posted on Meta’s platforms and potentially hurting competition in the sector. The dispute involved the Italian society of authors and publishers, SIAE. According to the antitrust regulator, Mark Zuckerberg’s company […]

Biden Eyes AI Dangers, Says Tech Companies Must Make Sure Products Are Safe

U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before making them public. Biden told science and technology advisers that AI could help in addressing disease and climate change, but it was […]

Italy Probes Meta Over Abuse of Position in Music Rights Case

Italy’s antitrust authority said on Wednesday it would investigate Meta Platform over the possible abuse of its position in talks over the rights to music posted on Meta’s platforms and potentially hurting competition in the sector. The dispute involved the Italian society of authors and publishers, SIAE. According to the antitrust regulator, Mark Zuckerberg’s company […]

Biden Says It Remains to Be Seen Whether AI Is Dangerous

U.S. President Joe Biden on Tuesday said it remains to be seen whether artificial intelligence is dangerous, but he underscored that technology companies have a responsibility to ensure their products are safe before making them public. Biden told his science and technology advisers that AI could help in addressing disease and climate change, but it […]