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UN adopts first global artificial intelligence resolution

UN adopts first global artificial intelligence resolution

by AIP Online Bureau | Mar 22, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The resolution is the latest in a series of initiatives – few of which carry teeth – by governments around the world to shape AI’s development, amid fears it could be used to disrupt democratic processes, turbocharge fraud or lead to dramatic job...
Apple, Meta, Google set to face EU Digital Markets Act probes, sources say

Apple, Meta, Google set to face EU Digital Markets Act probes, sources say

by AIP Online Bureau | Mar 22, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Digital Markets Act breaches could cost the companies as much as 10% of their global annual turnover. The landmark EU tech rule requires the companies to give users and rivals more choices to ensure a level playing field Apple, Meta Platforms and Alphabet’s...
US sues Apple, alleging it illegally monopolized the smartphone market

US sues Apple, alleging it illegally monopolized the smartphone market

by AIP Online Bureau | Mar 21, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The Justice Department said Apple charges as much as $1,599 for an iPhone and makes larger profits than any others in the industry. Officials also said that Apple charges various business partners — from software developers to credit card companies and even its rivals...

Hackers carrying out disruptive attacks on water systems: US

by AIP Online Bureau | Mar 21, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

In a letter released Tuesday, National Security Advisor Jake Sullivan and Environmental Protection Agency Administrator Michael Regan warned that “disabling cyberattacks are striking water and wastewater systems throughout the United States.” The letter singled out...
Girija S selected as CMD of New India, BS Rahul for UII

Girija S selected as CMD of New India, BS Rahul for UII

by AIP Online Bureau | Mar 21, 2024 | Indian News, Non-Life, Policy

Girija Subramanian, CMD,Agriculture Insurance Company This is also for the first time that a serving CMD of a PSU entity again participated in the selection exercise meant to choose a CMD of another PSU insurer New Delhi: The Financial Services Institutions...
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