Andreessen Horowitz is defending its decision to hire Daniel Penny, according to an investor memo seen by The New York Times. The venture capital firm caused a stir earlier this week after it announced it would hire Penny, who was acquitted last year of choking a homeless man to death in the New York City […]
a16z stands by decision to hire Daniel Penny Read More »
OpenAI on Thursday launched data residency in Europe, allowing European organizations to meet local data sovereignty requirements while using the AI company’s products. Data residency refers to the physical location of an organization’s data, as well as the local laws and policy requirements imposed on that data. Most tech giants and cloud providers offer European
OpenAI launches data residency in Europe Read More »
U.S. Democratic Representative Mark Pocan plans to introduce a bill designed to ban “special government employees” like Elon Musk from having federal contracts so they can’t steer spending towards their own self-interest. The proposed bill is called the ELON MUSK Act, which stands for Eliminate Looting of Our Nation by Mitigating Unethical State Kleptocracy. “No
Chinese ecommerce and fast fashion giant Shein is facing fresh scrutiny in the European Union in relation to consumer protection rules following the launch of a coordinated action by the bloc’s Consumer Protection Cooperation Network (CPCN). The action is being conducted with reference to the EU’s Unfair Commercial Practices Directive, Consumer Rights Directive, Unfair Contracts
Google removed a pledge to not build AI for weapons or surveillance from its website this week. The change was first spotted by Bloomberg. The company appears to have updated its public AI principles page, erasing a section titled “applications we will not pursue,” which was still included as recently as last week. Asked for
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Amid China’s retaliation to recently-announced U.S. tariffs, Intel may find itself in the hot seat with China’s regulators. China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the Financial Times. This would be in addition to the set of tariffs against the U.S. that China announced on Monday. Per
China may probe Intel for antitrust: report Read More »
The first compliance deadline kicked in a couple of days ago for the European Union’s AI Act, a risk-based framework for regulating uses of artificial intelligence — banning a narrow selection of so called “unacceptable risk” use-cases of AI, such as social scoring that could lead to detrimental or unfavourable treatment; or harmful manipulation using
EU puts out guidance on uses of AI that are banned under its AI Act Read More »
China said Tuesday it has launched an antitrust investigation into Google, part of a swift retaliation after the U.S. President Donald Trump imposed a 10% tariff on Chinese goods. The probe by China’s State Administration for Market Regulation will examine alleged monopolistic practices by the U.S. tech giant, which has had its search and internet
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Adam Candeub, a known critic of Big Tech, looks poised to join the Federal Communications Commission (FCC). Candeub will be general counsel of the FCC, reports Semafor, which cites direct confirmation from FCC chairman Brendan Carr. TechCrunch has reached out to the FCC for more information. Candeub has long been a vocal critic of Section
Adam Candeub, a vocal critic of Big Tech, will reportedly join the FCC Read More »
On Monday, Doug Ford, the premier of Ontario, one of Canada’s most populous provinces, announced on X that the province’s government would be “ripping up” its $68 million ($100 million CAD) contract with Elon Musk’s Starlink satellite internet service. The news came soon after President Donald Trump announced a 25% tariff on nearly all Canadian
