High-risk artificial intelligence technology (AI) may soon be banned in Australia after the federal government announced it will move to establish guardrails around its growth. Minister for Industry and Science Ed Husic said that despite AI now being a prevalent part of people’s lives, he said there was a demand for some sort of regulation…
Australia Considers Ban of High Risk AI
June 2, 2023
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Supreme Court Reverses Ruling Against Slack Technologies Over Direct Listing
June 1, 2023
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The Supreme Court ruled in favor of a Big Tech company on June 1, issuing a unanimous ruling that limits the power of shareholders to sue over misleading statements made by companies when selling shares in a direct listing. Justice Neil Gorsuch wrote the court’s unanimous opinion (pdf) in Slack Technologies v. Pirani (court file…
Elon Musk Uncovers Decade-Old, Thousand-Word Censorship List in Twitter’s Algorithm
In a recent interview with The Babylon Bee, Elon Musk, the current owner of Twitter, revealed the discovery of a decade-old line of code in Twitter’s algorithms designed to suppress tweets containing certain keywords. This information was made public during Musk’s conversation with The Babylon Bee, a satirical news outlet that had previously experienced censorship…
Amazon Workers Walk Out Over Return to Office Policy and Climate Impact
June 1, 2023
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Amazon employees walked out at the company’s Seattle headquarters, to highlight their concerns over recent layoffs, a return to office policy, and the company’s environmental impact. More than 2,000 Amazon employees worldwide walked off the job after 1 p.m., Pacific Time, on May 31, of which 1,000 of them gathered next to the Spheres, the landmark entrance…
Amazon Reaches $30.8 Million Settlement in FTC Complaints Over Ring Doorbell Surveillance, Use of Children’s Voice Recordings
Amazon has agreed to pay the Federal Trade Commission (FTC) $30.8 million to settle claims that it allowed employees and third-party contractors of its Ring video camera doorbell unit to surveil customers in their homes and illegally retained children’s voice recordings through its Alexa app. According to an FTC press release, Amazon’s Ring doorbell company was charged with compromising…
Meta Threatens to Pull News Feeds Over California’s Journalism Preservation Act
June 1, 2023
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Meta, the parent company of Facebook and Instagram, is threatening to pull news feeds on its platforms for California residents if the state legislature passes the Journalism Preservation Act. In a statement posted on Twitter on May 31, Meta expressed its opposition to the proposal AB 886, which requires big tech companies to pay news outlets…
Nvidia Temporarily Becomes First Chipmaker to Hit $1 Trillion in Value
May 31, 2023
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Nvidia became the first chipmaker to be valued at over a $1 trillion, before falling in trading later in the day. The U.S. chipmaker’s market value rose 3 percent, to $401.15 on May 30, after tripling in value since October, due to its successful investments in Artificial Intelligence, as investors pile on to the firm. The…
ESG Advocates Say Anti-ESG Movement Creating ‘Concerns and Challenges’
May 30, 2023
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It’s counterstrike time: the Republican-led movement against environmental, social and corporate governance (ESG) investing came under fire at a major environmental conference on May 30. “I don’t think there’s any chance that the anti-ESG movement will win,” said Witold Henisz, a vice dean and faculty director of the ESG Initiative at the University of Pennsylvania’s…
About 1 Million Viewers Stopped Watching Fox News After Tucker Carlson’s Exit: Analysis
An analysis of primetime ratings shows that Fox News has seen an approximate decline of 1 million total viewers on average for its primetime lineup after the departure of Tucker Carlson in late April. In the four weeks before Carlson left the network, Fox News’ primetime hours averaged some 2.6 million total viewers. But in…
About 1 Million Viewers Stopped Watching Fox News After Tucker Carlson’s Exit: Report
An analysis of primetime ratings shows that Fox News has seen an approximate decline of 1 million total viewers on average for its primetime lineup after the departure of Tucker Carlson in late April. In the four weeks before Carlson left the network, Fox News’ primetime hours averaged some 2.6 million total viewers. But in…
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