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Economy Technology

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

By Ytech on Wednesday, June 14, 2023

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 …

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Economy Technology

Big Amazon Cloud Services Recovering After Outage Hits Thousands of Users

By Ytech on Tuesday, June 13, 2023

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 …

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Economy Technology

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

By Ytech on Tuesday, June 13, 2023

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 …

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Economy Technology

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

By Ytech on Tuesday, June 13, 2023

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 …

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Economy Technology

Startup Firm Leads Kenya Into World of High-Tech Manufacturing

By Ytech on Monday, June 12, 2023

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 …

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Economy Technology

UN Chief Considering Watchdog Agency for AI   

By Ytech on Monday, June 12, 2023

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 …

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Economy Technology

AI Chatbots Offer Comfort to the Bereaved

By Ytech on Sunday, June 11, 2023

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, …

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Economy Technology

Apple, Defying the Times, Stays Quiet on AI

By Ytech on Thursday, June 8, 2023

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 …

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Economy Technology

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

By Ytech on Tuesday, June 6, 2023

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 …

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Economy Technology

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

By Ytech on Tuesday, June 6, 2023

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. …

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Economy Technology

Could Artificial Intelligence Help Stop Trade in Goods Made From Child, Forced Labor?

By Ytech on Tuesday, June 6, 2023

The U.S. Department of Homeland Security is looking at how artificial intelligence can be used to help identify goods made with child or forced labor and prevent those goods from entering the country. VOA’s Julie Taboh has more. VOA footage by Adam …

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Economy Technology

Musk Says China Detailed Plans to Regulate AI

By Ytech on Tuesday, June 6, 2023

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 …

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Economy Technology

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

By Ytech on Monday, June 5, 2023

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 …

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Economy Technology

App Offering Government Services to Ukrainians Expands Reach

By Ytech on Monday, June 5, 2023

In collaboration with the Ukrainian government, the U.S. Agency for International Development, or USAID, has created an app that connects Ukrainians with their government so they can access public services — and use of the app’s code has expanded to …

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Economy Technology

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

By Ytech on Thursday, June 1, 2023

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 …

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Economy Technology

China Eyes Spain in Drive to Conquer European EV Market

By Ytech on Thursday, June 1, 2023

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 …

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Economy Technology

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

By Ytech on Thursday, June 1, 2023

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 …

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Economy Technology

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

By Ytech on Wednesday, May 31, 2023

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 …

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Economy Technology

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

By Ytech on Tuesday, May 30, 2023

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 …

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Economy Technology

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

By Ytech on Saturday, May 27, 2023

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 …

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Economy Technology

China, South Korea Agree to Strengthen Talks on Chip Industry

By Ytech on Saturday, May 27, 2023

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 …

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Economy Technology

Regulators Take Aim at AI to Protect Consumers, Workers

By Ytech on Friday, May 26, 2023

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, …

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Economy Technology

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

By Ytech on Thursday, May 25, 2023

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 …

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Economy Technology

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

By Ytech on Thursday, May 25, 2023

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 …

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