
AFP
13876 articles published since 08 Mar 2022
13876 articles published since 08 Mar 2022
The European Union's self-styled digital enforcer, Thierry Breton, doesn't mince his words when it comes to big tech. A former CEO of French tech and telecom firms, Breton was the first major business leader to arrive in the cosy world of the European Commission, the EU's executive arm, and has since become very media savvy.
Asian markets fell and oil prices extended gains Friday on worries that an expected ground invasion of Gaza by Israel will spark a wider conflict in the Middle East. The likelihood of a Middle East war has sent oil prices surging and both contracts extended the week's gains Friday, rising almost one percent in Asian trade.
Twitter won fame in the Arab uprisings nearly a decade ago as a pivotal source for real-time crisis information, but that reputation has withered after the platform's transformation into a magnet for hate speech and disinformation under Elon Musk.
New York's attorney general on Thursday filed a lawsuit accusing cryptocurrency firms Gemini and Genesis with fraud that wound up costing investors more than a billion dollars.
US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said Thursday, leaving the door open for a new interest rate hike. The Fed recently slowed its aggressive campaign of monetary tightening which lifted its benchmark lending rate to a 22-year high, as it looks to slow down inflation without pushing the US economy into recession.
US home sales slid further in September to the lowest rate in 13 years, according to industry data released Thursday, with interest rates high and the supply of properties limited. From a year ago, home sales in September were around 15 percent lower.
Russian President Vladimir Putin hailed Thursday the "unprecedented" energy links between Moscow and Beijing despite failing to secure a much-sought agreement on a major new gas pipeline. The head of the Russian gas company Gazprom, Alexei Miller, hailed on Thursday a 46.6 percent increase in exports through the existing "Power of Siberia" pipeline so far this year.
Artificial intelligence models lack transparency, according to a study published Wednesday that aims to guide policymakers in regulating the rapidly-growing technology. The EU is leading the charge on regulating AI, and aims to green light what would be the world's first law covering the technology by the end of the year.
The EU's milestone legislation, known as the Digital Services Act, demands digital giants crack down on illegal and problematic content. These large platforms must assess the risks linked to their services with regards to the spread of illegal content and privacy infringements.
AFP
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