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Italy fines first city for privacy breaches in use of AI

by AIP Online Bureau | Jan 27, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The authority – one of the EU’s most proactive in assessing AI platform compliance with the bloc’s data privacy regime – last year briefly banned popular chatbot ChatGPT in Italy ROME: Italy’s privacy watchdog has fined the northern city...

FPIs sold equities worth Rs 24,734 crore in January

by AIP Online Bureau | Jan 27, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The rising bond yields in the US is a matter of concern and this has triggered the recent bout of selling in the cash market. The rally in global stock markets was triggered by the Fed pivot which saw the 10-year bond yield falling from 5% to around 3.8%. Now the...
Oil tanker on fire in Gulf of Aden after missile attack by Houthis

Oil tanker on fire in Gulf of Aden after missile attack by Houthis

by AIP Online Bureau | Jan 27, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

THe US Central Command said its forces had conducted a strike at 3:45 local time on Saturday “against a Houthi anti-ship missile aimed into the Red Sea and which was prepared to launch”. They “destroyed the missile in self-defence,” CentCom...
US to propose ‘know your customer’ requirements for cloud computing companies

US to propose ‘know your customer’ requirements for cloud computing companies

by AIP Online Bureau | Jan 27, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

U.S. Commerce Secretary Gina Raimondo The proposed “know your customer” regulation is set to be released as soon as next week. Top cloud providers include Amazon.com’s AWS , Alphabet’s Google Cloud and Microsoft’s Azure unit. “We...
Microsoft Teams suffers mega outage, company says fixing

Microsoft Teams suffers mega outage, company says fixing

by AIP Online Bureau | Jan 27, 2024 | International News, Risk Management, Technology

There were reports of Teams users not being able to log into at all, while others saw missing messages, missing attachments, delays and more. New Delhi: Microsoft Teams experienced a mega outage in several parts of the world, and the company saw “significant...
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