BRUSSELS—European lawmakers reached a political deal on regulating artificial intelligence, marking a step toward establishing a comprehensive AI law in Western countries. The European Union’s Artificial Intelligence Act would be the latest in a series of regulations the bloc has pushed forward that is expected to reverberate through the global tech industry and affect some of its biggest players. “The EU is the first in the world to set in place robust regulation on AI,” said Dragos Tudorache, a member of the European Parliament from Romania who was one of the body’s lead negotiators of the AI Act...
Continue ReadingWhether you're thinking of taking a last-minute vacation, or already have a trip planned, you may be able to score a cheap business class seat. Find out how...
Continue ReadingAlaska Air reached a deal to pay roughly $1 billion in cash to buy rival Hawaiian Airlines. The deal will be subject to scrutiny by antitrust authorities, which have also targeted JetBlue Airways ’ merger with Spirit Airlines and JetBlue’s partnership with American Airlines. Spotify is ending 2023 with a third round of layoffs...
Continue ReadingAlphabet (GOOGL) reachead $134.99 at the closing of the latest trading day, reflecting a -1.42% change compared to its last close...
Continue ReadingAlphabet Inc. (GOOG) concluded the recent trading session at $136.64, signifying a -1.31% move from its prior day's close...
Continue ReadingGoogle's mysterious Google Drive issue seems to be spiraling further out of control. After a plethora of users recently reported an issue with Google Drive where they found that a chunk of their files have gone missing, Google rolled out a fix for the issue a week later, but users are saying that it's not working and their ability to report issues with the fix appears to have been restricted by Google. On Nov. 22, a user created a thread on Google Drive Help reporting that their files between May and Nov. 21 have suddenly gone missing...
Continue Reading(Bloomberg) -- With global regulators examining Microsoft Corp.’s $13 billion investment in OpenAI, the software giant has a simple argument it hopes will resonate with antitrust officials: It doesn’t own a traditional stake in the buzzy startup so can’t be said to control it.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverAmericans Rush to Portugal Ahead of Changes to Expat Tax BreaksCarlyle’s Rubenstein...
Continue ReadingThe S&P 500 has produced a total return of over 20% for investors in 2023, but that growth has come almost entirely from just a handful of stocks. The "Magnificent Seven" -- Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META) and Tesla (NASDAQ: TSLA) -- have produced market-trouncing returns in 2023...
Continue ReadingFour crypto-focused companies including Riot Platforms Inc. and Coinbase Global Inc. have more than quadrupled so far this year amid the broader crypto market rally...
Continue Reading(Bloomberg) -- Apps and websites that use artificial intelligence to undress women in photos are soaring in popularity, according to researchers.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesHunter Biden Indicted in Tax Case as White House Woes MountAmericans Rush to Portugal Ahead of Changes to Expat Tax BreaksIn September alone, 24 million p...
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