China

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 […]

Italy curbs ChatGPT, starts probe over privacy concerns

OpenAI has taken ChatGPT offline in Italy after the government’s Data Protection Authority on Friday temporarily banned the chatbot and launched a probe over the artificial intelligence application’s suspected breach of privacy rules. The agency, also known as Garante, accused Microsoft-backed OpenAI of failing to check the age of ChatGPT’s users who are supposed to […]

The Perfect Synergy between ChatGPT and Human Employees 

The integration of AI in the workplace has increased dramatically, and ChatGPT is a tool that has been gaining popularity for various reasons.  —–   In recent years, the integration of Artificial Intelligence (AI) in the workplace has increased dramatically, with more and more companies utilizing it to optimize their productivity. One such AI tool that […]

Will TikTok Ever Move Out of the Gun Sights of Governments?

TikTok has been making headlines ever since it debuted and went viral. Is “viral” even the right word to describe the cultural reset it triggered? Unfortunately, most of these headlines are not in the app’s favor, including adding to the mental health crisis among U.S. teens AND United Arab Emirates (UAE) teens and spreading misinformation […]

Geopolitics on Telecom: Do Political Tensions Drive Technological Advancements or Hinder Progress? 

In today’s digital age, the availability and reliability of telecommunications services are important to the functioning of modern societies. The impact of geopolitics on telecom infrastructure cannot be ignored. While it’s true that political tensions and conflicts can lead to advancement restrictions, disruptions and challenges in the telecom industry, they also drive a sense of […]

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 […]

Dollar Weakens as Inflation Data Lifts Euro

The U.S. dollar fell to a 1-week low against the euro on Thursday as German inflation data helped lift the common currency and as concerns over the banking sector receded. Inflation eased significantly in Germany in March on the back of lower energy prices but was above forecasts, adding pressure on the European Central Bank […]

Wells Fargo to Pay $97 Million for Sanctions Compliance Failures

Wells Fargo & Co will pay fines of about $97.8 million for inadequate oversight of its compliance risks, enabling the apparent violation of U.S. sanctions against Iran, Syria and Sudan, federal authorities said on Thursday. The Federal Reserve and the Treasury Department’s Office of Foreign Assets Control (OFAC) said the bank’s deficient oversight enabled it […]

China Calls U.S Debt Trap Accusation ‘Irresponsible'

 China on Thursday called remarks by U.S. Treasury Secretary Janet Yellen “irresponsible” and “unreasonable” after Yellen said Beijing’s lending activities leave developing countries “trapped in debt.” Yellen on Wednesday said she was concerned by some of China’s activities globally, particularly its lending to developing countries. She told U.S. lawmakers in a hearing that Washington was […]

U.S. Advocacy Group Asks FTC to Stop New OpenAI GPT Releases

The tech ethics group Center for Artificial Intelligence and Digital Policy is asking the U.S. Federal Trade Commission to stop OpenAI from issuing new commercial releases of GPT-4, which has wowed some users and caused distress for others with its quick and human-like responses to queries. In a complaint to the agency on Thursday, which […]