U.S.

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 […]

Can AI answer your money questions? We put chatbots to the test

Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet? Both OpenAI’s ChatGPT and Google’s Bard are dominating headlines recently, for their generative capabilities and vast storehouses of information. Each has far more […]

Beneath the Surface: The Impact of Dark Web Marketplaces on Cybercrime

The dark web, a hidden part of the internet that requires specialized software to access, has become a breeding ground for cybercrime. Dark web marketplaces have proliferated, enabling illegal activities such as the sale of drugs, weapons, stolen data, and hacking tools. These marketplaces have posed significant challenges for law enforcement agencies, as they operate […]

Emerson Electric to Buy National Instruments for $8.2 Billion to Deepen Automation Push

U.S. industrial conglomerate Emerson Electric Co on Wednesday agreed to buy National Instruments Corp for $8.2 billion, capping a nearly yearlong pursuit of the measurement equipment maker. The $60-per-share cash offer represents a premium of nearly 50% to National Instruments’ closing price on Jan. 12, the day before it announced a strategic review. Austin, Texas-based […]

TikTok Issues: Data Privacy and Children’s Rights Violations

TikTok issues have been the talk of the world lately, especially data privacy and children’s rights violations. Lately, numerous countries are banning TikTok citing security concerns. It comes down to two main reasons: data privacy and the lack of protection for children and minors. The application has 1.534 billion users out of which 1 billion […]

US House Panel Subpoenas FTC for Twitter Probe Documents

The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulatory agency’s privacy probe of Twitter, the panel said on Wednesday. In a statement, the committee said its Chairman Jim Jordan and others had asked FTC Chair Lina Khan for information about the probe following […]

EU Urges Firm Results, Green Alliance from US Trade Talks

The United States and the European Union need to produce clear results next month from their forum on trade and technology and forge closer ties on green products and technology, European Trade Commissioner Valdis Dombrovskis said on Wednesday. Sweden will host a fourth ministerial-level meeting of the Trade and Technology Council (TTC) on May 30-31, […]

Major Currencies Steady Ahead of Key U.S. Inflation Data

Major global currencies including the U.S. dollar were steady on Wednesday ahead of U.S. inflation data which investors will scrutinise for clues as to when the Federal Reserve could end its rate hiking cycle. The March inflation reading, due at 1230 GMT, is forecast to come in at 5.2% year on year, down from 6.0% […]

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 […]

Factbox - Governments’ Efforts to Regulate AI Tools

Italy’s data protection agency said on Wednesday it would lift its temporary ban on OpenAI’s ChatGPT artificial intelligence (AI) technology if the U.S. company complied with data protection and privacy demands by end-April. Rapid advances in AI such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use of the […]