EU AI LAW
With concerns about misinformation spreading online, European Union officials want to more closely regulate artificial intelligence, and they're asking the world's biggest tech companies for help. In mid-May, the EU passed a law that would regulate how companies create and train their artificial intelligence tools, but those laws won't go into effect for years. In the meantime, officials are asking companies like Apple, Google, Meta, and Microsoft to immediately begin labeling all AI-generated content, and for services that already incorporate AI, like Google's Bard, to safeguard against "malicious actors" who could attempt to spread harmful or false information.
MICROSOFT OUTAGES
Thousands of users on Monday reported not being able to access their emails through Microsoft Outlook on both the web and Outlook app. Other Microsoft 365 services, such as Teams, SharePoint, and One Drive, were also affected. By mid-afternoon on the East Coast, Microsoft confirmed on its customer service Twitter account that the issue should be resolved. The company did not explain what was behind the outage.
The shift from China to the U.S. has convinced some long-time bitcoin miners that renewable energy and crypto mining may actually be a better match for each other than expected.
Hollywood’s Captain Kirk, 90-year-old William Shatner, has blasted into space in a convergence of science fiction and science reality.
Facebook will be introducing several features including prompting teens using its photo-sharing app Instagram to take a break and nudging them if they repeatedly look at the same content that's not conducive to their well-being.
Topps unveiled an expansion of its Godzilla NFT collections while New York Comic Con held a panel on the crypto collectibles showing the surging interest in the space.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Google is cracking down on digital ads promoting false climate change claims or being used to make money from such content, hoping to limit revenue for climate change deniers and stop the spread of misinformation on its platforms.
With the Biden administration reportedly looking into regulating stablecoins like Tether and Circle, just what might those rules look like going forward?
General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030.
A former Facebook data scientist has told Congress that the social network giant’s products harm children and fuel polarization in the U.S. while its executives refuse to change because they elevate profits over safety.
A Russian actor and a film director have rocketed into space to make the world’s first movie in orbit.
