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US, UK forge 'Atlantic Declaration' to counter new threats
The United States and Britain on Thursday announced a new strategic pact as their leaders rededicated the "special relationship" to counter Russia, China and economic instability.
US lawyer sorry after ChatGPT creates 'bogus' cases
What happened when a US lawyer used ChatGPT to prepare a court filing? After the airline's lawyers asked the court to dismiss the case, Schwartz filed a response that claimed to cite more than half a dozen decisions to support why the litigation should proceed.
Apple, defying the times, stays quiet on AI
Resisting the hype, Apple defied most predictions this week and made no mention of artificial intelligence when it unveiled its latest slate of new products, including its Vision Pro mixed reality headset. In this vein, for analyst Dan Ives of Wedbush Securities, the release of Apple's Vision Pro headset was in itself an AI play, even if it wasn't explicitly spelled out that way.
AI, facial recognition tech front and centre at China security expo
AI tech that spots "undesirable" behaviour and long-distance facial recognition software were on show Thursday at a Beijing expo attended by hundreds of companies -- many blacklisted by the United States for their alleged role in repression in China and abroad.
Pakistan failing in every economic index: key survey
Pakistan failed to meet any economic growth targets for the fiscal year 2022-23, according to a key government report released Thursday -- a day before the new budget is to be presented to the national assembly. Pakistan is expected to set a growth target of 3.5 percent for the upcoming fiscal year, to be announced in the national budget on Friday.
Shares of renationalised French power firm EDF delisted
Shares in French power firm EDF were delisted on Thursday, nearly a year after the government decided to nationalise the firm to revitalise the country's nuclear power sector and help decarbonise the economy. France's finance ministry said it had moved to delist the shares of EDF, which traded on Euronext Paris, as the state now holds 100 percent of the capital and voting rights in the firm.
Swiss parliament to probe Credit Suisse takeover
Switzerland's parliament will probe the government-orchestrated takeover of the stricken Credit Suisse bank by larger rival UBS, in an extremely rare move, following a vote on Thursday. After the lower house of parliament voted unanimously Wednesday in favour of creating the rare commission of inquiry, the upper chamber, or Council of States, voted 37-5 for it on Thursday.
UK clamps down on cryptocurrency sector
Britain's financial regulator on Thursday tightened rules over the promotion and selling of cryptocurrency as it seeks to protect consumers.
EU court rejects Barcelona ride-hailing restrictions
A top European court on Thursday ruled against restrictions imposed by Barcelona city hall on ride-hailing companies like Uber and Cabify. The Luxembourg-based Court of Justice of the EU (ECJ) ruled Thursday that the rules violated ride-hailing firms' "freedom of establishment" in the city.
AFP
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