
Facebook, Instagram Face EU Ad Ban Extension Across 30 Countries
Nov 02, 2023 06:38 am UTC| Business Technology
The European data regulator has recently agreed to extend the ban imposed by non-EU member Norway on behavioral advertising on Facebook and Instagram. This ban will now cover all 30 countries in the European Union and the...

Microsoft, Siemens Collaborate to Accelerate AI Adoption Across Multiple Industries
Nov 01, 2023 09:40 am UTC| Business Technology
Microsoft Corporation and Siemens AG have inked a deal to work on artificial intelligence (AI) projects together. The main objective of their partnership is to push AI adoption in most, if not all, business...

The US just issued the world’s strongest action yet on regulating AI. Here’s what to expect
Nov 01, 2023 07:12 am UTC| Technology
On Monday US President Joe Biden released a wide ranging and ambitious executive order on artificial intelligence (AI) catapulting the US to the front of conversations about regulating AI. In doing so, the US is leap...

KT Corp Unveils Mi:dm, South Korea's First Large-Scale Language Model Outpacing GPT-3
Oct 31, 2023 11:01 am UTC| Business Technology
South Koreas leading mobile carrier, KT Corp., introduced its cutting-edge artificial intelligence (AI) model, Mi:dm, on Tuesday. With plans to expand its AI business to the manufacturing, financial, education, public...

EU Regulators Postpone Decision on Amazon's $1.4B iRobot Acquisition Until February
Oct 31, 2023 09:57 am UTC| Business Technology
European Unions (EU) antitrust regulators have delayed their verdict regarding Amazon.com Inc.s acquisition of iRobot Corp., an innovative robot vacuum maker. The highly anticipated decision, now expected by February 14...

Replacing frontline workers with AI can be a bad idea — here's why
Oct 31, 2023 09:17 am UTC| Technology
AI chatbots are already widely used by businesses to greet customers and answer their questions either over the phone or on websites. Some companies have found that they can, to some extent, replace humans with machines...

Google CEO Defends $26B Payments Amid Antitrust Scrutiny, Cites User Experience Boost
Oct 31, 2023 09:02 am UTC| Business Technology Law
In a major antitrust case, Google CEO Sundar Pichai defended his companys practice of paying tech giants, including Apple, as the default search engine on their devices. Pichai stated that the intention was to enhance the...