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Amazon invests $120 million in internet satellite facility
Amazon said Friday it will invest $120 million to build a satellite construction facility at NASA's Kennedy Space Center, as part of its plans to launch a space internet service to rival SpaceX's Starlink. That will be in addition to the European Union's Iris project -- 170 satellites -- and the 300-500 satellites planned to be launched by the US military's Space Development Agency. ia/st
Biden gets tech titans to pledge guardrails on AI risks
President Joe Biden got US tech giants to pledge guardrails against risks from artificial intelligence, ranging from cyber-attacks to fraud, ahead of a White House summit Friday on how to manage the expanding sector.
'Succession' star Cox leads UK actors' fight against AI
"Succession" star Brian Cox on Friday spearheaded a protest by hundreds of UK actors in support of striking US colleagues walking out over low pay and the "existential threat" posed by artificial intelligence. The union's demands have focused on dwindling pay in the streaming era, and the threat posed by artificial intelligence.
India and Sri Lanka to consider land link
India and Sri Lanka agreed Friday to consider building a land link between them, they said during President Ranil Wickremesinghe's first visit to the regional powerhouse, as Chinese influence grows on his island. Wickremesinghe's two-day visit came a year after he became president following the toppling of his predecessor during an unprecedented economic crisis.
Russia hikes key rate for first time since 2022
The Russian Central Bank on Friday hiked its key interest rate for the first time in more than a year amid fears that a weakening ruble will drive up inflation in the country. Domestic demand trends and the depreciation of the ruble since the beginning of 2023 significantly amplify pro-inflationary risks," the central bank said in a statement.
McDonald's opens misconduct unit after UK allegations
McDonald's UK has opened a specialist unit to investigate allegations of racial and sexual misconduct exposed by the BBC, its boss announced Friday. The EHRC was also examining the allegations at McDonald's UK, which has 177,000 staff. bcp/gw
Tech titans promise watermarks to expose AI creations
The White House said Friday that OpenAI and others in the artificial intelligence race have committed to making their technology safer with features such as watermarks on fabricated images. Worry that imagery or audio created by artificial intelligence will be used for fraud and misinformation has ramped up as the technology improves and the 2024 US presidential election gets closer.
Top rice supplier India bans some exports
The world's biggest rice exporter India has banned some overseas sales of the grain "with immediate effect", the government said, in a move that could drive international prices even higher. The increase came even after the government banned broken rice shipments and imposed a 20 percent export tax on white rice in September.
Markets fluctuate as US jobs data knocks rate hopes
Asian equities wobbled again Friday at the end of a draining week as fresh US jobs data put revived bets on two more Federal Reserve interest rate hikes, adding to ongoing worries about China's economy.
AFP
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