Damage Control

Factbox-Governments’ Efforts to Regulate AI Tools

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate AI tools: AUSTRALIA * Seeking input on regulations The government requested advice on how to respond […]

Whatsapp and Other Messaging Apps Oppose Uk’s Move On Encryption

WhatsApp and other messaging services have united to oppose Britain’s plan to force tech companies to break end-to-end encryption in private messages in its proposed internet safety legislation. Meta-owned WhatsApp, Signal and five other apps signed an open letter saying the law could give an “unelected official the power to weaken the privacy of billions […]

Italy to Allow ChatGPT to Return if OpenAI Takes ‘Useful Steps'

Italy’s data protection watchdog is ready to allow the return of the ChatGPT chatbot at the end of April if its maker OpenAI takes “useful steps” to address the agency’s concerns, the authority’s chief Pasquale Stanzione said in an interview published on Tuesday. Microsoft Corp-backed OpenAI took ChatGPT offline in Italy in late March after […]

SpaceX postpones debut flight of Starship rocket, citing frozen valve

Elon Musk’s SpaceX called off the highly anticipated debut launch of its newly combined Starship cruise vessel and Super Heavy rocket in the final minutes of countdown due to a frozen valve, delaying the uncrewed test flight for at least two days. The two-stage rocketship, standing taller than the Statue of Liberty at 394 feet […]

Tsmc Q1 Earnings Seen Down 5% Y/Y, Q2 Also Looks Tough

Taiwanese chipmaker TSMC is expected to post a 5% fall in first-quarter net profit on Thursday, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major Apple Inc supplier, is […]

Marketmind: China Under Political, Economic Scrutiny

A look at the day ahead in Asian markets from Jamie McGeever. Investors’ focus on Tuesday rests squarely on China: From an economic and market perspective, eyes are on a raft of data including first-quarter GDP; while the latest twist in souring U.S.-Sino relations will do little to ease geopolitical concerns. U.S. law enforcement officials […]

ChatGPT Can Resume in Italy if Meets Data Watchdog’s Demands

Italy’s data protection agency set out a list of demands on Wednesday which it said OpenAI must meet by April 30 to address the agency’s concerns over the ChatGPT chatbot and allow the artificial intelligence service to resume in the country. Almost two weeks ago Microsoft Corp-backed OpenAI took ChatGPT offline in Italy after the […]

Macron’s Aim of EU Unity on China Undone by Trip Fallout

French officials were in damage control mode on Tuesday as they tried to contain anger, division and confusion sparked by President Emmanuel Macron’s comments on Europe’s dependence on the United States and its relations with China and Taiwan. Macron’s comments came in an interview on a trip to China that was meant to showcase European […]