Roblox Corp. reported a daily active user count and hours played that fell short of analysts’ expectations. The

Microsoft is reportedly set to close its deal with Activision in the next few days.

The Dutch government asked ByteDance Ltd.’s TikTok to allow researchers access to the functioning of the social media

NEW YORK--(BUSINESS WIRE)--Aug 28, 2023--

Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the company last year.

The European Union has slapped a $475 million fine on U.S. biotech giant Illumina for buying out cancer-screening company Grail without the approval of the 27-nation bloc’s antitrust watchdog

The UK, US and other governments have released plans they hope will stop artificial intelligence being hijacked by rogue actors. The major agreement – hailed as the first of its kind – represents an attempt to codify rules that will keep AI safe and ensure that systems are built to be secure by design. In a 20-page document unveiled Sunday, the 18 countries agreed that companies designing and using AI need to develop and deploy it in a way that keeps customers and the wider public safe from misuse. The agreement is non-binding and carries mostly general recommendations such as monitoring AI systems for abuse, protecting data from tampering and vetting software suppliers. Still, the director of the U.S. Cybersecurity and Infrastructure Security Agency, Jen Easterly, said it was important that so many countries put their names to the idea that AI systems needed to put safety first. “This is the first time that we have seen an affirmation that these capabilities should not just be about cool features and how quickly we can get them to market or how we can compete to drive down costs,” Easterly told Reuters, saying the guidelines represent “an agreement that the most important thing that needs to be done at the design phase is security.” The agreement is the latest in a series of initiatives - few of which carry teeth - by governments around the world to shape the development of AI, whose weight is increasingly being felt in industry and society at large. In addition to the United States and Britain, the 18 countries that signed on to the new guidelines include Germany, Italy, the Czech Republic, Estonia, Poland, Australia, Chile, Israel, Nigeria and Singapore. The framework deals with questions of how to keep AI technology from being hijacked by hackers and includes recommendations such as only releasing models after appropriate security testing. It does not tackle thorny questions around the appropriate uses of AI, or how the data that feeds these models is gathered. The rise of AI has fed a host of concerns, including the fear that it could be used to disrupt the democratic process, turbocharge fraud, or lead to dramatic job loss, among other harms. Europe is ahead of the United States on regulations around AI, with lawmakers there drafting AI rules. France, Germany and Italy also recently reached an agreement on how artificia lintelligence should be regulated that supports “mandatory self-regulation through codes of conduct” for so-called foundation models of AI, which are designed to produce a broad range of outputs. The Biden administration has been pressing lawmakers for AI regulation, but a polarized U.S. Congress has made little headway in passing effective regulation. The White House sought to reduce AI risks to consumers, workers, and minority groups while bolstering national security with a new executive order in October. Additional reporting by Reuters Read More Putin targets AI as latest battleground with West AI breakthrough could help us build solar panels out of ‘miracle material’ OpenAI co-founder Sam Altman ousted as CEO YouTube reveals bizarre AI music experiments AI-generated faces are starting to look more real than actual ones Children are making indecent images using AI image generators, experts warn

PORTLAND, Ore.--(BUSINESS WIRE)--Aug 1, 2023--

Back-to-school can be a stressful time, but getting a big discount on a new Lenovo

Now the entire world has to deal with Netflix's most controversial policy. Per TechCrunch, Netflix

Microsoft Corp. and Activision Blizzard Inc. are nearing the finish line on their $69 billion deal, but aren’t

MEMPHIS, Tenn.--(BUSINESS WIRE)--Sep 1, 2023--