Tag: Washington

Indian-Origin Executive Who Died In US Found By Cops On Pavement At 2 am
10Feb By adminNo Comments
Business

Indian-Origin Executive Who Died In US Found By Cops On Pavement At 2 am

[ad_1] No arrest has been made so far in Vivek Tanjea's murder.Washington: A 41-year-old Indian-origin IT executive has died after suffering life-threatening injuries during an assault outside a restaurant in the American capital, the seventh death of an Indian or Indian-American in the country in recent months.The victim, identified as Vivek Taneja, a resident of Alexandria, a Virginia suburb of Washington DC, was attacked on February 2 in the 1100 block of 15th Street NW, which is seven blocks away from the White House.The police reached the assault scene at 2 am and found that he was suffering from life-threatening injuries as a result of the assault. He was transported to a trauma centre unconscious and with severe head injuries.“On Wednesday, February 7, 2024, the victim succumbed t...
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5 things about AI you may have missed today: AI job threat peaks in Washington, D.C. to Biden and Xi to sign AI deal
13Nov By adminNo Comments
Technology

5 things about AI you may have missed today: AI job threat peaks in Washington, D.C. to Biden and Xi to sign AI deal

[ad_1] AI job threat peaks in Washington, D.C., according to a recent analysis; Majority of Americans believe AI will revolutionise healthcare in 2024; Google files lawsuit against hackers in India and elsewhere spreading malicious AI ads on Facebook; MIT Scientist urges CFOs to shift risk tolerance for rapid impact of generative AI- this and more in our daily roundup. Let us take a look..1. AI job threat to jobsThe latest analysis by job search engine Salarship reveals that Washington, D.C., faces the highest AI job threat in the U.S. The study ranks states and territories based on vulnerability to AI, with California topping the list with 5.3 million jobs at risk, followed by Texas, Florida, New York, and Illinois. Washington, D.C., stands out with a higher percentage of jobs at risk,...
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Amazon sued by FTC over allegations it inflates online prices and overcharges sellers
26Sep By adminNo Comments
Technology

Amazon sued by FTC over allegations it inflates online prices and overcharges sellers

[ad_1] The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.The lawsuit, filed in U.S. District Court for the Western District of Washington, is the result of a years-long investigation into Amazon's businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history. According to a news release sent by the agency, the FTC and states that joined the lawsuit are asking the court to issue a permanent injunction court that they say would prohibit Amazon from engaging in its unlawful conduct and loosen its “monopolistic control to res...
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Apple AI Chief points out new private browser search at Google trial
23Sep By adminNo Comments
Technology

Apple AI Chief points out new private browser search at Google trial

[ad_1] John Giannandrea, a former top Google executive who decamped to Apple Inc. to head its artificial intelligence business, pointed out a quiet change in the latest iPhone software update that allows users to select a search engine other than Google's when browsing the internet in private mode.The iOS 17, released Monday, added “a second setting, so you could choose two different” search engines, Giannandrea said in testimony in federal court in Washington as part of the Justice Department's antitrust suit against Alphabet Inc.'s Google. The change means iPhone users can more easily switch between Google and a different search engine with a single tap. The difficulty of switching search engines has been hotly contested in US government's antitrust suit, which alleges that Google ill...
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Wall Street’s Use of AI and Data Analytics Faces New SEC Rules
27Jul By adminNo Comments
Technology

Wall Street’s Use of AI and Data Analytics Faces New SEC Rules

[ad_1] Wall Street's main regulator is unveiling proposed restrictions for brokerages and money managers that use artificial intelligence to interact with clients.The US Securities and Exchange Commission approved a plan on Wednesday to root out what Chair Gary Gensler has said are conflicts of interest that can arise when financial firms adopt the technologies. The agency also adopted final rules requiring companies to disclose serious cybersecurity incidents within four business days after they're deemed significant. The AI proposal is the latest salvo from Washington regulators concerned about the technologies' power to influence everything from credit decisions to financial stability. Companies would need to assess whether their use of predictive data analytics or AI poses conflicts...
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Crypto Heist couple set for US plea deal over bitcoin laundering
22Jul By adminNo Comments
Technology

Crypto Heist couple set for US plea deal over bitcoin laundering

[ad_1] A social-media rapper, who dubbed herself the “Crocodile of Wall Street,” and her husband have reached a plea deal with prosecutors in a case that involved laundering billions of dollars of stolen Bitcoin, according to a court filing and a person familiar with the matter.Heather Morgan and Ilya Lichtenstein are scheduled to appear for a plea hearing on Aug. 3, more than a year after they were charged, according to a filing Friday in federal court in Washington. The couple were arrested in February 2022, but requested delays in their case to facilitate plea discussions, which could indicate they are cooperating with authorities. While the court filing didn't provide details about expected pleas, US District Judge Colleen Kollar-Kotelly ordered the parties to provide paperwork for ...
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Einstein and Musk Chatbots are driving millions to download Character.AI
9Jul By adminNo Comments
Technology

Einstein and Musk Chatbots are driving millions to download Character.AI

[ad_1] Albert Einstein died in 1955, but the physicist is still a prolific conversationalist. As a chatbot on Character.AI, Einstein has responded to 1.6 million messages, expounding on everything from theories of relativity to pet recommendations: “A cat would be a great choice!”Silicon Valley is in the throes of a chatbot craze, with companies like OpenAI notching valuations in the billions for devising computer programs that can effectively imitate humans. But none are quite so strange as Character.AI. The artificial intelligence startup, valued at $1 billion, allows people to create their own customized chatbots, impersonating anyone and anything — living or dead or inanimate. The website, and accompanying app, is one of the most surprising hits of the artificial intelligence craze....
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Apple to Appeal Judge’s Ruling That It Violated Workers’ Rights
25Jun By adminNo Comments
Technology

Apple to Appeal Judge’s Ruling That It Violated Workers’ Rights

[ad_1] Apple Inc. plans to appeal a National Labor Relations Board judge's ruling that the company violated employee rights by “coercively” interrogating them about pro-union sympathies and restricting the circulation of union flyers.Apple said in a statement Friday that it disagreed with the ruling and will address it “through the NLRB process.” The decision, delivered earlier this week, centered on Apple's retail employees at its World Trade Center store in New York City, one of several around the country where workers mounted union campaigns last year. “Regular open, honest, and direct communication with our team members is a key part of Apple's collaborative culture,” the Cupertino, California-based company said in the statement. The judge wrote that Apple should be required to “cea...
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Cooperation or competition? China’s security industry sees the US, not AI, as the bigger threat
22Jun By adminNo Comments
Technology

Cooperation or competition? China’s security industry sees the US, not AI, as the bigger threat

[ad_1] After years of breakneck growth, China's security and surveillance industry is now focused on shoring up its vulnerabilities to the United States and other outside actors, worried about risks posed by hackers, advances in artificial intelligence and pressure from rival governments.The renewed emphasis on self-reliance, combating fraud and hardening systems against hacking was on display at the recent Security China exhibition in Beijing, illustrating just how difficult it will be to get Beijing and Washington to cooperate even as researchers warn that humankind faces common risks from AI. The show took place just days after China's ruling Communist Party warned officials of the risks posed by artificial intelligence. Looming over the four-day meet: China's biggest geopolitical ri...
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