At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 28 countries and the EU, and the US announces an AI Safety Institute
from government to civil society to the private sector — must work together to build a future where AI creates opportunity, advances equity, and protects fundamental rights and fre...
The Office of Management and Budget releases draft rules for US federal agencies to assess AI in health care, law enforcement, and housing for potential harms
Draft rules from the White House would require federal agencies to assess AI systems currently in use in law enforcement …
At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 29 countries, and the US Commerce Secretary announces an AI Safety Institute
The world is locked in a race, and competition, over dominance in AI, but today, a few of them appeared to come together …
Sources: hundreds of Foxconn workers at the iPhone plant in Zhengzhou clashed with security guards as protests erupted over unpaid wages and COVID-19 fears
Hundreds of workers at Apple Inc.'s main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost …
China's punishing tech crackdown has undercut the industry's position as the largest and most sought-after employer, leading to high graduate unemployment rates
When Xi Jinping tightened the screws on China's technology industry last year, he escalated a jobs crisis for the youngest … Tweets: @tommackenzietv , @angelazhanghk , and @nerysin...
Sources: Beijing has grown frustrated with a years-long failure to develop semiconductors that can replace US chips, capped by anti-graft probes into top execs
China's top leadership has grown increasingly frustrated with a years-long failure to develop semiconductors that can replace US circuitry … Tweets: @pelstrom and @tommackenzietv T...
After suspending withdrawals on Friday, Babel Finance says it has reached “preliminary agreements” on repayments of “some debts”, helping ease its liquidity
- Babel Finance says it has reached “preliminary agreements” with major counterparties “on the repayment period of some debts.”
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021
what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilis...
Bitcoin fell to under $18K on Sat., below the high of $19,511 it hit during its last bull cycle in 2017, as ether dropped below $1K, both down 70%+ since Nov.
Bitcoin plunged through several closely watched price levels to the lowest since late 2020 as evidence of deepening stress within …
Despite a cratering crypto market, many traders in Latin America still see crypto as a way to circumvent unstable or stagnant economies where they live
Caught between rocketing inflation and a cratering crypto market, many stick with Bitcoin. — • MEXICO CITY, MEXICO
Bitcoin falls by 6%+ to below $20,000 for the first time since December 2020, the twelfth straight day of decline, as ether briefly dropped below $1,000
Bitcoin dropped below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling …
Alibaba drops as much as 8% after its Ant Group unit said it has no current plans to revive its IPO and a key regulator said it had not evaluated the listing
- Alibaba shares dropped 8% on Thursday after its financial affiliate Ant Group said there were currently no plans to revive a public listing.
Sequoia, YC, Craft Ventures, and other VCs give startups advice on surviving the downturn; Lightspeed: “boom times of the last decade are unambiguously over”
Wall Street Journal :
Sequoia, YC, Craft, Lightspeed, and other VC firms offer advice to startups to prepare for a downturn; Lightspeed says boom times are “unambiguously over”
Venture-capital firms tell portfolio companies to buckle down for the long haul; ‘before you thrive, you have to survive’
Sources: China asked Didi Global to delist from the NYSE citing concerns about leaking sensitive data; options include privatization or a Hong Kong listing
- Regulators asked Didi brass to devise a plan to go private — Forced delisting will be severest action against China Tech
Sources: Chinese regulators asked Didi Global's management to devise a plan for delisting from the NYSE over concerns about leaking sensitive data
- Regulators asked Didi brass to devise a plan to go private — Forced delisting will be severest action against China Tech
Sources: the city of Beijing has proposed an investment in Didi Global that would give state-run firms control of the world's largest ride hailing company
- State-backed firm Shouqi Group part of potential consortium — Proposal lets China control world's largest ride-hailing firm
US sets export restrictions on China's biggest chipmaker SMIC, saying exports to SMIC posed an “unacceptable risk” of being diverted to “military end use”
US sets export restrictions on China's biggest chipmaker SMIC, saying exports to SMIC posed an “unacceptable risk” of being diverted to “military end use”
Move against SMIC further hurts chip sector after penalties on Huawei — The US government …
Commerce Department announces that it will ban US downloads of and business transactions with TikTok and WeChat on Sunday
- The Commerce Department announced it will ban U.S. business transactions with China-owned social apps WeChat and TikTok on Sunday.