Google, Meta Criticise U.K. and E.U. AI Regulations

Google, Meta Criticise U.K. and E.U. AI Regulations

Google and Meta have both openly criticised European regulation of artificial intelligence this week, suggesting it will quash the region’s innovation potential. Representatives from Facebook’s parent company along with Spotify, SAP, Ericsson, Klarna, and more signed an open letter to Europe expressing their concerns about “inconsistent regulatory decision making.” It says that interventions from the…

Read More

What Is Sacro? Controversial Suicide Pod Used for First Time as US Woman Uses Capsule to End Her Life in Switzerland as Police Make Multiple Arrests

What Is Sacro? Controversial Suicide Pod Used for First Time as US Woman Uses Capsule to End Her Life in Switzerland as Police Make Multiple Arrests

The creators of the Sarco suicide pod have confirmed its first use, with a 64-year-old American woman becoming the first person to die in the device “beneath a canopy of trees” in Switzerland. Police in Switzerland said that several people were detained on Monday, and an investigation has been launched on suspicion of incitement and…

Read More

China’s big-bang stimulus boosts renminbi; Aussie up after RBA

China’s big-bang stimulus boosts renminbi; Aussie up after RBA

CHINA’S renminbi hit a 16-month high on Tuesday (Sep 24), after stimulus measures infused broader markets with enthusiasm and boosted the euro, while the Australian dollar touched a 2024 peak after the central bank reiterated its determination to tame inflation. Beijing’s new measures – including a planned 50 basis point cut to banks’ reserve requirements…

Read More