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.
While the New York Stock Exchange isn't sure when it will reopen, its COO Michael Blaugrund said the exchange is already looking at how it will and why humans in the building may be so important to the trading mix.
Bala Ganesh, VP of UPS Advanced Technology Group, told Cheddar Thursday that the shipping and pharmacy companies worked closely with the Federal Aviation Administration to get the drone deliveries up and running.
NASA Administrator Jim Bridenstine announced Thursday the three companies that will develop, build and fly lunar landers, with the goal of returning astronauts to the moon in 2024 and ultimately on to Mars.
The Motion Picture Academy bends the rules for streaming movies this year to qualify for Oscars amid the coronavirus, but large theater changes push back against studios that want to release their films online breaking theater exclusivity even after the pandemic ends.
The spotlight is still on Quibi, which just launched on April 6 in the middle of the pandemic. Its Daily Essentials provides bite-sized chunks of news and lifestyle topics.
Sarah Cooper, the performer behind the viral video, talked to Cheddar Wednesday about why she chose to riff on the POTUS.
Some Amazon workers, members of a non-profit group focused on worker's rights called United For Respect, contend the $1.15 trillion company isn't doing enough to protect them from the coronavirus.
Damon Wayans Jr. and his business partner Kris Jones pivoted their Special Guest app, developed to book live entertainment, to
Neal Shapiro, president of the New York metro area public broadcasting station WNET, told Cheddar Monday that PBS stations are offering kids the tools to stay on track with their schooling via educational television.
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.
