Bill Gates in China to Meet President Xi on Friday – Sources 

All, Business, News, Technology
Bill Gates, Microsoft Corp's co-founder, is set to meet Chinese President Xi Jinping on Friday during his visit to China, two people with knowledge of the matter said. The meeting will mark Xi's first meeting with a foreign private entrepreneur in recent years. The people said the encounter may be a one-on-one meeting. A third source confirmed they would meet, without providing details. The sources did not say what the two might discuss. Gates tweeted on Wednesday that he had landed in Beijing for the first time since 2019 and that he would meet with partners who had been working on global health and development challenges with the Bill & Melinda Gates Foundation. The foundation and China's State Council Information Office, which handles media queries on behalf of the Chinese…
Read More

EU Lawmakers Vote for Tougher AI Rules as Draft Moves to Final Stage

All, Business, News, Technology
EU lawmakers on Wednesday voted for tougher landmark draft artificial intelligence rules that include a ban on the use of the technology in biometric surveillance and for generative AI systems like ChatGPT to disclose AI-generated content. The lawmakers agreed to the amendments to the draft legislation proposed by the European Commission which is seeking to set a global standard for the technology used in everything from automated factories to bots and self-driving cars. Rapid adoption of Microsoft-backed OpenAI's ChatGPT and other bots has led top AI scientists and company executives including Elon Musk and OpenAI CEO Sam Altman to raise the potential risks posed to society. "While Big Tech companies are sounding the alarm over their own creations, Europe has gone ahead and proposed a concrete response to the risks…
Read More

EU Regulators Order Google To Break up Digital Ad Business Over Competition Concerns

All, Business, News, Technology
European Union antitrust regulators took aim at Google's lucrative digital advertising business in an unprecedented decision ordering the tech giant to sell off some of its ad business to address competition concerns. The European Commission, the bloc's executive branch and top antitrust enforcer, said that its preliminary view after an investigation is that “only the mandatory divestment by Google of part of its services” would satisfy the concerns. The 27-nation EU has led the global movement to crack down on Big Tech companies, but it has previously relied on issuing blockbuster fines, including three antitrust penalties for Google worth billions of dollars. It's the first time the bloc has ordered a tech giant to split up keys of business. Google can now defend itself by making its case before the…
Read More

Big Amazon Cloud Services Recovering After Outage Hits Thousands of Users

All, Business, News, Technology
Amazon.com said cloud services offered by its unit Amazon Web Services were recovering after a big disruption on Tuesday affected websites of the New York Metropolitan Transportation Authority and The Boston Globe, among others. Several hours after Downdetector.com started showing reports of outages, Amazon said many AWS services were fully recovered and marked resolved. "We are continuing to work to fully recover all services," AWS' status page showed. Tuesday's impact stretching from transportation to financial services businesses underscores adoption of Amazon's younger Lambda service and the degree to which many of its cloud offerings are crucial to companies in the internet age. According to research in the past year from the cloud company Datadog, more than half of organizations operating in the cloud use Lambda or rival services, known as…
Read More

McCartney: ‘Final Beatles Record’ Out This Year Aided by AI

All, Business, News, Technology
A "final Beatles record", created with the help of artificial intelligence, will be released later this year, Paul McCartney told the BBC in an interview broadcast on Tuesday. "It was a demo that John (Lennon) had, and that we worked on, and we just finished it up," said McCartney, who turns 81 next week. The Beatles -- Lennon, McCartney, George Harrison and Ringo Starr -- split in 1970, with each going on to have solo careers, but they never reunited. Lennon was shot dead in New York in 1980 aged 40 while Harrison died of lung cancer in 2001, aged 58. McCartney did not name the song that has been recorded but according to the BBC it is likely to be a 1978 Lennon composition called "Now And Then". The…
Read More

India Denies Dorsey’s Claims It Threatened to Shut Down Twitter

All, Business, News, Technology
India threatened to shut Twitter down unless it complied with orders to restrict accounts critical of the government's handling of farmer protests, co-founder Jack Dorsey said, an accusation Prime Minister Narendra Modi's government called an "outright lie." Dorsey, who quit as Twitter CEO in 2021, said on Monday that India also threatened the company with raids on employees if it did not comply with government requests to take down certain posts. "It manifested in ways such as: 'We will shut Twitter down in India', which is a very large market for us; 'we will raid the homes of your employees', which they did; And this is India, a democratic country," Dorsey said in an interview with YouTube news show Breaking Points. Deputy Minister for Information Technology Rajeev Chandrasekhar, a top…
Read More

Startup Firm Leads Kenya Into World of High-Tech Manufacturing

All, Business, News, Technology
A three-year-old startup company is leading Kenya into the world of high-tech manufacturing, building a workforce capable of making semiconductors and nanotechnology products that operate modern devices from mobile phones to refrigerators.  Anthony Githinji is the founder of Semiconductors Technologies Limited, or STL, located in Nyeri, about a three hours' drive from Nairobi.  He brought his know-how to Kenya from the United States, where he started work in 1997 on semiconductors — materials that conduct electricity and are used in thousands of products.  He said the biggest barrier to entry in any high-tech business is finding a workforce with the right skills. In deciding to start a business in Kenya, his country of origin, Githinji said a meeting with the vice-chancellor of Dedan Kimathi University of Science and Technology, also…
Read More

UN Chief Considering Watchdog Agency for AI   

All, Business, News, Technology
U.N. Secretary-General Antonio Guterres said Monday that he will appoint a scientific advisory body in the coming days that will include outside experts on artificial intelligence, and said he is open to the idea of creating a new U.N. agency that would focus on AI. “I would be favorable to the idea that we could have an artificial intelligence agency, I would say, inspired by what the International Atomic Energy Agency is today,” Guterres said of the U.N. nuclear watchdog agency. He said he does not have the authority to create an IAEA-like agency — that is up to the organization’s 193-member states. But he said it has been discussed and he would see it as a positive development. “What is the advantage of the IAEA — it is a…
Read More

AI Chatbots Offer Comfort to the Bereaved

All, Business, News, Technology
Staying in touch with a loved one after their death is the promise of several start-ups using the powers of artificial intelligence, though not without raising ethical questions. Ryu Sun-yun sits in front of a microphone and a giant screen, where her husband, who died a few months earlier, appears. "Sweetheart, it's me," the man on the screen tells her in a video demo. In tears, she answers him, and a semblance of conversation begins. When Lee Byeong-hwal learned he had terminal cancer, the 76-year-old South Korean asked startup DeepBrain AI to create a digital replica using several hours of video. "We don't create new content" such as sentences that the deceased would have never uttered or at least written and validated during their lifetime, said Joseph Murphy, head of…
Read More

Apple, Defying the Times, Stays Quiet on AI

All, Business, News, Technology
Resisting the hype, Apple defied most predictions this week and made no mention of artificial intelligence when it unveiled its latest slate of new products, including its Vision Pro mixed reality headset. Generative AI has become the tech world's biggest buzzword since Microsoft-backed OpenAI released ChatGPT late last year, revealing the capabilities of the emerging technology.  ChatGPT opened the world's eyes to the idea that computers can churn out complex, human-level content using simple prompts, giving amateurs the talents of tech geeks, artists or speechwriters.  Apple has laid low as Microsoft and Google raced out announcements on how generative AI will revolutionize its products, from online search to word processing and retouching images. During the recent earnings season, tech CEOs peppered mentions of AI into their every phrase, eager to…
Read More

Financial Institutions in US, East Asia Spoofed by Suspected North Korean Hackers

All, Business, News, Technology
There are renewed concerns North Korea’s army of hackers is targeting financial institutions to prop up the regime in Pyongyang and possibly fund its weapons programs. A report published Tuesday by the cybersecurity firm Recorded Future finds North Korean aligned actors have been spoofing well-known financial firms in Japan, Vietnam and the United States, sending out emails and documents that, if opened, could grant the hackers access to critical systems. “The targeting of investment banking and venture capital firms may expose sensitive or confidential information of these entities or their customers,” according to the report by Recorded Future’s Insikt Group. “[It] may result in legal or regulatory action, jeopardize pending business negotiations or agreements, or expose information damaging to the company’s strategic investment portfolio,” it said. The report said the…
Read More

Japan, Australia, US to Fund Undersea Cable Connection in Micronesia to Counter China’s Influence

All, Business, News, Technology
Japan announced Tuesday that it joined the United States and Australia in signing a $95 million undersea cable project that will connect East Micronesia island nations to improve networks in the Indo-Pacific region where China is increasingly expanding its influence. The approximately 2,250-kilometer (1,400-mile) undersea cable will connect the state of Kosrae in the Federated State of Micronesia, Tarawa in Kiribati and Nauru to the existing cable landing point located in Pohnpei in Micronesia, according to the Japanese Foreign Ministry. Japan, the United States and Australia have stepped up cooperation with the Pacific Islands, apparently to counter efforts by Beijing to expand its security and economic influence in the region. In a joint statement, the parties said next steps involve a final survey and design and manufacturing of the cable,…
Read More

Musk Says China Detailed Plans to Regulate AI

All, Business, News, Technology
Top Chinese officials told Elon Musk about plans to launch new regulations on artificial intelligence on his recent trip to the Asian giant, the tech billionaire said Monday, in his first comments on the two-day visit. The Twitter owner and Tesla CEO — one of the world's richest men — held meetings with senior officials in Beijing and employees in Shanghai last week. "Something that is worth noting is that on my recent trip to China, with the senior leadership there, we had, I think, some very productive discussions on artificial intelligence risks, and the need for some oversight or regulation," Musk said. "And my understanding from those conversations is that China will be initiating AI regulation in China." Praised China Musk, whose extensive interests in China have long raised…
Read More

Is It Real or Made by AI? Europe Wants a Label as It Fights Disinformation 

All, Business, News, Technology
The European Union is pushing online platforms like Google and Meta to step up the fight against false information by adding labels to text, photos and other content generated by artificial intelligence, a top official said Monday. EU Commission Vice President Vera Jourova said the ability of a new generation of AI chatbots to create complex content and visuals in seconds raises "fresh challenges for the fight against disinformation." Jourova said she asked Google, Meta, Microsoft, TikTok and other tech companies that have signed up to the 27-nation bloc's voluntary agreement on combating disinformation to dedicate efforts to tackling the AI problem. Online platforms that have integrated generative AI into their services, such as Microsoft's Bing search engine and Google's Bard chatbot, should build safeguards to prevent "malicious actors" from…
Read More

Amazon to Pay $31 Million in Privacy Violation Penalties for Alexa Voice Assistant, Ring Camera

All, Business, News, Technology
Amazon agreed Wednesday to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids' voice and location data recorded by its popular Alexa voice assistant. Separately, the company agreed to pay $5.8 million in customer refunds for alleged privacy violations involving its doorbell camera Ring. The Alexa-related action orders Amazon to overhaul its data deletion practices and impose stricter, more transparent privacy measures. It also obliges the tech giant to delete certain data collected by its internet-connected digital assistant, which people use for everything from checking the weather to playing games and queueing up music. "Amazon's history of misleading parents, keeping children's recordings indefinitely, and flouting parents' deletion requests violated COPPA (the Child Online…
Read More

China Eyes Spain in Drive to Conquer European EV Market

All, Business, News, Technology
The International Energy Agency says Chinese car manufacturers are emerging as a major force in the global electric car market, with more than 50% of all electric cars on roads worldwide now produced in China. Spain is the second-largest vehicle manufacturer in Europe after Germany and its market has become a target for Chinese automakers. From Barcelona, Alfonso Beato has this report, narrated by Marcus Harton. ...
Read More

SpaceX’s Starlink Wins Pentagon Contract for Satellite Services for Ukraine

All, Business, News, Technology
SpaceX's Starlink, the satellite communications service started by billionaire Elon Musk, now has a Defense Department contract to buy those satellite services for Ukraine, the Pentagon said Thursday.   "We continue to work with a range of global partners to ensure Ukraine has the resilient satellite and communication capabilities they need. Satellite communications constitute a vital layer in Ukraine's overall communications network and the department contracts with Starlink for services of this type," the Pentagon said in a statement. Starlink has been used by Ukrainian troops for a variety of efforts, including battlefield communications.   SpaceX, through private donations and under a separate contract with a U.S. foreign aid agency, has been providing Ukrainians and the country's military with Starlink internet service, a fast-growing network of more than 4,000 satellites…
Read More

China’s Micron Chips Ban Is Litmus Test for South Korea

All, Business, News, Technology
The semiconductor trade war between Washington and Beijing may ensnare Seoul as South Korea must decide between backing its closest ally or embracing a lucrative export opportunity presented by China, its top trading partner.  The decision will reveal how closely South Korea is aligned with the U.S., its second-largest export market, experts said.  The dilemma facing Seoul emerged after China announced that it was banning the use of U.S.-based Micron Technology’s broad range of computer memory and storage technologies.  Liu Pengyu, a Chinese Embassy spokesperson in Washington, told VOA’s Korean Service on May 24 that Beijing’s cybersecurity regulators had assessed that Micron’s chips “pose a major security risk to China’s key information infrastructure supply chain and impact China’s national security.”  The ban echoed that set by the U.S. on China’s…
Read More

Key US Official Calls for Tech Companies to ‘Do Something’ About AI

All, Business, News, Technology
The director of the leading U.S. cybersecurity agency has a message for scientists and top technology company officials who are warning that artificial intelligence could lead to the end of humankind: Take action. “If you actually think that these capabilities can lead to extinction of humanity, well, let's come together and do something about it,” the Cybersecurity and Infrastructure Security Agency’s Jen Easterly told an audience Wednesday. “While we're trying to put a regulatory framework in place, think about self-regulation,” she told an Axios News Shapers event in Washington. “Think about what you can do to slow this down." The comments by the CISA director come just a day after more than 350 researchers and technology executives issued a one-sentence warning about the dangers of artificial intelligence, or AI. “Mitigating…
Read More

Theranos Founder Elizabeth Holmes Starts 11-year Sentence for Blood-Testing Hoax

All, Business, News, Technology
Disgraced Theranos CEO Elizabeth Holmes is in custody at a Texas prison where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley, according to the Federal Bureau of Prisons. Holmes, 39, on Tuesday entered a federal women's prison camp located in Bryan, Texas — where the federal judge who sentenced Holmes in November recommended she be incarcerated. The minimum-security facility is about 152 kilometers (about 94 miles) northwest of Houston, where Holmes grew up aspiring to become a technology visionary along the lines of Apple co-founder Steve Jobs. As she begins her sentence, Holmes is leaving behind two young children — a son born in July 2021 a few weeks before the start of her trial…
Read More

US Commerce Secretary: US ‘Won’t Tolerate’ China’s Ban on Micron Chips

All, Business, News, Technology
The United States "won't tolerate" China's effective ban on purchases of Micron Technology MU.O memory chips and is working closely with allies to address such "economic coercion," U.S. Commerce Secretary Gina Raimondo said Saturday. Raimondo told a news conference after a meeting of trade ministers in the U.S.-led Indo-Pacific Economic Framework talks that the U.S. "firmly opposes" China's actions against Micron. These "target a single U.S. company without any basis in fact, and we see it as plain and simple economic coercion and we won't tolerate it, nor do we think it will be successful." China's cyberspace regulator said May 21 that Micron, the biggest U.S. memory chip maker, had failed its network security review and that it would block operators of key infrastructure from buying from the company, prompting…
Read More

China, South Korea Agree to Strengthen Talks on Chip Industry

All, Business, News, Technology
China and South Korea have agreed to strengthen dialog and cooperation on semiconductor industry supply chains, amid broader global concerns over chip supplies, sanctions and national security, China's commerce minister said. Wang Wentao met with South Korean Trade Minister Ahn Duk-geun on the sidelines of the Asia-Pacific Economic Cooperation (APEC) conference in Detroit, which ended Friday.  They exchanged views on maintaining the stability of the industrial supply chain and strengthening cooperation in bilateral, regional and multilateral fields, according to a statement from the Chinese Ministry of Commerce on Saturday. Wang also said that China is willing to work with South Korea to deepen trade ties and investment cooperation. However, a South Korean statement on the same meeting did not mention chips, instead saying the country's trade minister had asked China…
Read More

Regulators Take Aim at AI to Protect Consumers, Workers

All, Business, News, Technology
As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when they’re using AI. Already, automated systems and algorithms help determine credit ratings, loan terms, bank account fees, and other aspects of our financial lives. AI also affects hiring, housing and working conditions. Ben Winters, senior counsel for the Electronic Privacy Information Center, said a joint statement on enforcement released by federal agencies last month was a positive first step. “There’s this narrative that AI is entirely unregulated, which is not really true,” he said. “They’re saying, ‘Just because you use AI to make a decision, that doesn’t mean you’re exempt from responsibility regarding the impacts of that decision. This is our opinion on this.…
Read More

U.S., Microsoft Warn Chinese Hackers Attacking ‘Critical’ Infrastructure

All, Business, News, Technology
State-sponsored Chinese hackers have infiltrated critical U.S. infrastructure networks, the United States, its Western allies and Microsoft said Wednesday while warning that similar espionage attacks could be occurring globally.   Microsoft highlighted Guam, a U.S. territory in the Pacific Ocean with a vital military outpost, as one of the targets, but said "malicious" activity had also been detected elsewhere in the United States.   The stealthy attack — carried out by a China-sponsored actor dubbed "Volt Typhoon" since mid-2021 — enabled long-term espionage and was likely aimed at hampering the United States if there was conflict in the region, it said.   "Microsoft assesses with moderate confidence that this Volt Typhoon campaign is pursuing development of capabilities that could disrupt critical communications infrastructure between the United States and Asia region during future crises," the statement said.  …
Read More

Analysis: China Steps Up Response to US Chip Moves but Economic Reality Limits How Far

All, Business, News, Technology
Beijing's restrictions on American chipmaker Micron in retaliation to sweeping US chip curbs mark a major step up in its response to Washington's pressure and could open the door for further measures in the geopolitical standoff, analysts say.    But they warned President Xi Jinping's ability to raise the stakes will be limited as he battles to re-energize the world's number two economy while it struggles to recover from years of zero-Covid-imposed inertia.    China on Sunday banned the use of Micron's chips in critical infrastructure projects, which Beijing said posed "major network security risks" that could affect "national security".    Washington expressed "serious concerns" over the ruling that came just as leaders of the world's seven richest nations (G7) signed a statement urging Beijing to end "economic coercion".    The move marked a…
Read More