Congress will not take up legislation this year that would give the Biden administration new tools to address foreign-owned apps like TikTok that have raised national security concerns, the chair of the Senate Commerce Committee said Thursday.
Alphabet surged 5% on Thursday as Wall Street cheered the launch of Gemini, saying the new artificial intelligence model could help narrow the gap in a race with Microsoft-backed OpenAI.
“Fortnite” maker Epic Games on Thursday launched a Lego branded version of the survival mode videogame, with additional features set to be introduced next year, the two companies said in a joint statement.
Japan’s SoftBank is seeking to sell a 1.1% stake in the Indian food delivery platform Zomato through a block deal worth 11.28 billion rupees ($135.36 million), CNBC-TV18 reported on Thursday, citing sources.
U.S. Senator Elizabeth Warren and 48 other Democratic lawmakers on Wednesday urged top payments companies to resume work on implementing a sales code for gun merchants, according to letters seen by Reuters, citing how states have passed conflicting requirements on the issue.
Retail investor darling C3.ai sank about 8% on Thursday as its forecast for a bigger-than-expected annual loss sparked worries about the costs stemming from rising investments in artificial intelligence.
Discussions between the U.S. securities regulator and asset managers hoping to list bitcoin exchange-traded funds (ETFs) have advanced to key technical details, in a sign the agency may soon approve the products, industry executives said.
Meta’s independent Oversight Board said on Thursday it will review how the company has handled violent content on its social media platforms in two cases involving hostage-taking and bombing in the Israel-Hamas conflict.
The European Union’s landmark Artificial Intelligence (AI) Act may exempt open-source models from strict regulation, according to a leaked compromise proposal seen by Reuters.
Britain’s banks and building societies should make sure customers can still access cash before closing a branch as more financial services move online, the country’s markets regulator proposed on Thursday.
