PINOBOY
web business and news
Author: iMaster
Author: iMaster
Japan Signs Chip Development Deal With India
Japan and India have signed an agreement for the joint development of semiconductors, in what appears to be another indication of how global businesses are reconfiguring post-pandemic supply chains as China loses its allure for foreign companies. India’s Ashwini Vaishnaw, minister for railways, communications, and electronics and information technology, and Japan’s minister of economy, trade
DetailsAI Firms Strike Deal With White House on Safety Guidelines
The White House on Friday announced that the Biden administration had reached a voluntary agreement with seven companies building artificial intelligence products to establish guidelines meant to ensure the technology is developed safely. “These commitments are real, and they’re concrete,” President Joe Biden said in comments to reporters. “They’re going to help … the industry
DetailsUS Tech Leaders Aim for Fewer Export Curbs on AI Chips for China
Intel Corp. has introduced a processor in China that is designed for AI deep-learning applications despite reports of the Biden administration considering additional restrictions on Chinese companies to address loopholes in chip export controls. The chip giant’s product launch on July 11 is part of an effort by U.S. technology companies to bypass or curb
DetailsUN Security Council Debates Virtues, Failings of Artificial Intelligence
Artificial intelligence was the dominant topic at the United Nations Security Council this week. In his opening remarks at the session, U.N. Secretary-General Antonio Guterres said, “AI will have an impact on every area of our lives” and advocated for the creation of a “new United Nations entity to support collective efforts to govern this
DetailsFormer Mombasa Dentist Develops App to Tackle Garbage Along Kenyan Coast
Tayba Hatimy studied and practiced dentistry for seven years before she realized her real passion was caring for the environment. Since then, she has founded a garbage collection app that helps people in Mombasa, Kenya reduce garbage along the coast. Saida Swaleh has the story. (Camera: Moses Baya ) …
DetailsArtificial Intelligence Is Changing Social Media
Artificial intelligence is quickly becoming part of our social media world on our cellphones and computers. Text, images, audio and video are becoming easier for anyone to create using new generative AI tools. As AI-generated materials become more pervasive, it’s getting harder to tell the difference between what is real and what has been manipulated.
DetailsChinese Livestreamers Set Sights on TikTok Sales to Shoppers in US and Europe
Chinese livestreamers have set their sights on TikTok shoppers in the U.S. and Europe, hawking everything from bags and apparel to crystals with their eyes on a potentially lucrative market, despite uncertainties over the platform’s future in the U.S. and elsewhere. In China, where livestreaming ecommerce is forecast to reach 4.9 trillion yuan ($676 billion)
DetailsUS Communications Commission Hopeful About Artificial Intelligence
Does generative artificial intelligence pose a risk to humanity that could lead to our extinction? That was among the questions put to experts by the head of the U.S. Federal Communications Commission at a workshop hosted with the National Science Foundation. FCC chairwoman Jessica Rosenworcel said she is more hopeful about artificial intelligence than pessimistic.
DetailsWhite House Partners With Amazon, Google, Best Buy To Secure Devices From Cyberattacks
The White House on Tuesday along with companies such as Amazon.com Inc, Alphabet’s Google and Best Buy will announce an initiative that allows Americans to identify devices that are less vulnerable to cyberattacks. A new certification and labeling program would raise the bar for cybersecurity across smart devices such as refrigerators, microwaves, televisions, climate control
DetailsNorway Threatens $100,000 Daily Fine on Meta Over Data
Norway’s data protection agency said Monday it would ban Facebook and Instagram owner Meta from using the personal information of users for targeted advertising, threatening a $100,000 daily fine if the company continues. The business practices of big U.S. tech firms are under close scrutiny across Europe over concerns about privacy, with huge fines handed
DetailsUK Watchdog Proposes Applying ‘Consumer Duty’ to Social Media
Britain’s financial watchdog on Monday proposed toughening up safeguards against the illegal marketing of financial products on social media by applying a stringent “consumer duty” that is being rolled out to banks, funds and insurers on July 31. The Financial Conduct Authority has said its new duty will be a step change in protecting retail
DetailsMusk Says Twitter Is Losing Cash Because Advertising Is Down and the Company Is Carrying Heavy Debt
Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.” “Need to reach positive cash flow before we have the luxury
DetailsSources: US Chip CEOs Plan Washington Trip to Talk China Policy
The chief executives of Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter. The executives plan to hold meetings with U.S. officials to talk about market conditions, export controls and other matters affecting their businesses, one of the sources said.
DetailsMicrosoft: Chinese Hackers Exploited Code Flaw to Steal US Agencies’ Emails
Microsoft says hackers used a flaw in its code to steal emails from government agencies and other clients. In a blog post published Friday, the company said that Chinese hackers were able to take advantage of “a validation error in Microsoft code” to carry out their cyberespionage campaign. The blog provided the most thorough explanation
DetailsIndia to Launch Moonshot Friday
India is set to launch a spacecraft to the moon Friday. If successful, it would make India only the fourth country to do so, after the U.S., the Soviet Union, and China. It will take the $75 million Chandrayaan-3 over a month to reach the moon’s south pole in August. The south pole is a
DetailsTargeting of State Department, Others in Microsoft Hack ‘Intentional’
Hackers, possibly linked to China’s intelligence agencies, are being blamed for a monthlong campaign that breached some unclassified U.S. email systems, allowing them to access to a small number of accounts at the U.S. State Department and a handful of other organizations. Microsoft first announced the intrusion Tuesday, attributing the attack on its Outlook email
Details‘Meta Loses More:’ Zuckerberg Takes Threads Fight to EU
U.S. tech titan Mark Zuckerberg has plunged into a high-stakes game of brinkmanship with the European Union by withholding his new Threads app from users in Europe, but analysts say he will struggle to win the fight. Threads, billed as the killer of Twitter, a platform that has tumbled into chaos under the leadership of
DetailsEurope Signs Off on New Privacy Pact That Allows People’s Data to Keep Flowing to US
The European Union signed off Monday on a new agreement over the privacy of people’s personal information that gets pinged across the Atlantic, aiming to ease European concerns about electronic spying by American intelligence agencies. The EU-U.S. Data Privacy Framework has an adequate level of protection for personal data, the EU’s executive commission said. That
DetailsMeta’s Twitter Rival Threads Overtakes ChatGPT as Fastest-Growing Platform
Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone. Threads has been setting records for user growth since its launch on Wednesday, with celebrities, politicians and other newsmakers joining the platform seen by
DetailsNew Handbook Highlights Ways to Develop Tech Ethically
In a world where technology, such as artificial intelligence, is advancing at a rapid pace, what guidance do technology developers have in making the best ethically sound decisions for consumers? A new handbook, titled “Ethics in the Age of Disruptive Technologies: An Operational Roadmap,” promises to give guidance on such issues as the ethical use of
DetailsAI Robots at UN Reckon They Could Run the World Better
A panel of AI-enabled humanoid robots told a United Nations summit Friday that they could eventually run the world better than humans. But the social robots said they felt humans should proceed with caution when embracing the rapidly developing potential of artificial intelligence. And they admitted that they cannot — yet — get a proper
DetailsChinese Regulators Fine Ant Group $985M in Signal That Tech Crackdown May End
HONG KONG — Chinese regulators are fining Ant Group 7.123 billion yuan ($985 million) for violating regulations in its payments and financial services, an indicator that more than two years of scrutiny and crackdown on the firm that led it to scrap its planned public listing may have come to an end. The People’s Bank
Details