The explosive interest in OpenAI’s ChatGPT has tech giants scrambling to capitalize on generative AI in the wider market. On March 14, Google announced that it will begin packing virtually all of its Workspace products with generative AI—an artificial intelligence chatbot that is capable of generating creative output from simple user prompts. According to Google’s…
Google and Microsoft Rushing to Widely Implement Generative AI
March 14, 2023
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No Plans to Censor Social Media to Prevent Bank Runs, Government Corporation Says
March 14, 2023
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A U.S. banking corporation said March 14 it has not tried to have social media users censored, and doesn’t have any plans to moving forward. “We have not, would not, and will not,” Brian Sullivan, a spokesman for the Federal Deposit Insurance Corporation (FDIC), told The Epoch Times via email. FDIC representatives, along with officials with…
Facebook Parent Meta Slashes Another 10,000 Jobs
Facebook parent Meta has announced that it’s slashing another 10,000 jobs and won’t fill 5,000 open position, as the beleaguered social media giant struggles to cut costs amid profit pressure. Meta CEO Mark Zuckerberg broke the bad news to staff in a statement on Tuesday, in which he gave an update on the company’s “Year…
Gary Lineker to Return as BBC Reviews Social Media Guidelines
The BBC said Gary Lineker will return to host “Match of the Day” next weekend and has agreed to steer clear of commenting on controversial issues while an independent review of the corporation’s social media guidelines is carried out. The BBC’s Director General Tim Davie apologised for “potential confusion caused by the grey areas” of its social…
Has Wokeness Peaked? That’s Debatable
March 11, 2023
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News Analysis As headlines declare that “peak woke” has passed, one researcher thinks it’s possible that wokeness is actually just “mutating.” “The jury is still out in terms of whether the Great Awokening is winding down,” wrote Associate Professor David Rozado in a Feb. 24 Twitter post. Rozado’s research in computational social science at the New Zealand Institute…
Dutch Government Blocks China From Access to Key Semiconductor Technology
March 11, 2023
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The Dutch government agreed to block China from having access to chip manufacturing technology, heating up a longstanding conflict over semiconductors with Beijing. Chinese Communist Party (CCP) authorities slammed The Hague and accused the European Union state of siding with the United States in an ongoing chip war. The Minister for Foreign Trade and Development…
Finance Sector Braces for Shockwaves After Silicon Valley Bank Collapse
March 10, 2023
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It took only 48 hours for Silicon Valley Bank to become the nation’s second-largest bank failure. The company’s problems started on Wednesday when the financial institution informed investors that it needed to generate $2.25 billion to cover an unexpected decline in deposits and improve its balance sheet and overall financial position. In a letter to…
Judge Rules Against Google, Keeps DOJ Advertising Case in Virginia
ALEXANDRIA, Virginia—A U.S. federal judge on Friday rejected a bid by Alphabet Inc.’s Google to move a Justice Department lawsuit against it over dominance in advertising technology from Virginia to New York. “I am going to rule against you,” Judge Leonie Brinkema told an attorney for Google. The government, which filed the ad tech lawsuit…
BBC’s Gary Lineker to ‘Step Back’ From Match of the Day Amid Twitter Row
Gary Lineker will step back from presenting Match Of The Day until he and the BBC have an “agreed and clear position on his use of social media,” after he posted a tweet criticising the government’s migrant policy. The BBC is temporarily standing Gary Lineker down from hosting duties on its flagship football show after…
US Weekly Jobless Claims Post Largest Rise in 5 Months; Labor Market Still Tight
March 10, 2023
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WASHINGTON—The number of Americans filing new claims for unemployment benefits increased by the most in five months last week, but the underlying trend remained consistent with a tight labor market. Part of the larger-than-expected rise in claims reported by the Labor Department on Thursday reflected a surge in applications in New York state, which some…
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