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.
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Luminar Technologies ($LAZR) has completed its merger with a special purpose acquisition company (SPAC), bringing the company public on the Nasdaq on Thursday.
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Warner Bros. Pictures announced that all of its 2021 film slate — including a new “Matrix” movie, “Godzilla vs. Kong” and the Lin-Manuel Miranda adaptation “In the Heights” — will stream on HBO Max at the same time they play in theaters.
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Peter Rawlinson, CEO of electric vehicle maker Lucid Motors, joined Cheddar to discuss its new plant in Arizona and hopes for a more supportive policy on EVs from the incoming Biden administration.
Business software pioneer Salesforce.com is buying work chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against one of the industry’s longtime powerhouses.
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