Is Social Media Big Tobacco 2.0? Suits Over the Impact on Teens
Is social media to blame for the decline in teen mental health? Hundreds of lawsuits argue that they are. But can the claims get past Section 230, big tech's legal shield? In this video, we look at the fight over social media's impact on teens.
UK Won’t Investigate Microsoft’s Partnership With Mistral AI
The UK’s Competition and Markets Authority decided that Microsoft’s partnership with Mistral AI does not qualify for investigation under merger provisions, according to a statement.
EU Steps up Actions Against Microsoft Over Generative AI Request
The European Union asks Microsoft to provide information about specific risks stemming from Bing’s generative AI features, notably “Copilot in Bing” and “Image Creator by Designer” after not responding to an earlier request.
Crypto Case Tests SEC’s Ability to Police Blockchain Technology
A New York judge likely will soon have to tackle some of the thorniest questions for regulators trying to police the cryptocurrency market.
Reddit Forges Pact With OpenAI to Bring Content to ChatGPT
<-bsp-bb-link state="{"bbHref":"bbg://securities/RDDT%20US%20Equity/MGMT","_id":"0000018f-8612-de3b-adcf-deb3cafa0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Reddit Inc.-bsp-bb-link>forged a partnership with <-bsp-bb-link state="{"bbHref":"bbg://securities/1554630D%20US%20Equity/CN","_id":"0000018f-8612-de3b-adcf-deb3cafa0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">OpenAI-bsp-bb-link> that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums.
Snowflake Said to Be in Talks to Buy Reka AI for $1 Billion
<-rte-company state="{"_id":"0000018f-8644-de3b-adcf-dee73a9e0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Snowflake Inc.-rte-company> is in talks to acquire startup Reka AI for more than $1 billion, expanding the software maker’s effort to offer generative AI capabilities, according to people familiar with the matter.
California Lawmakers Advance Big AI Bills With Some Cost-Cutting
Major bills that would place guardrails on the potential harm caused by artificial intelligence passed a key procedural test in the California Legislature on Thursday, but only after some were trimmed to save the state money.
Limits on Biometric Privacy Penalties Clear Illinois Legislature
The Illinois General Assembly approved Thursday limits on the damages faced by companies that fail to secure written permission before collecting fingerprints, face scans, or other biometric data.
Treasury Ex-Staffer Says OECD Still Pushing for Pillar One Pact
Negotiations are continuing on a digital-taxation treaty to implement part of the OECD’s 2021 global tax agreement, but completing the treaty is going to become more of a challenge the longer it takes, a former top US Treasury Department negotiator on the OECD agreement said Thursday.
California Online Child Protection Measures Clear Key Hurdle
Major bills backed by California Attorney General Rob Bonta (D) aimed at protecting children using social media overcame a key hurdle Thursday on their way to a floor vote.
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