AA arghg! Stocks in debt ceiling risk zone after US rating warning

[1/2] The US Capitol is reflected in a diminishing pool amidst ongoing negotiations seeking a deal to raise the US debt ceiling and avoid a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE (Reuters) – Markets were stuck in uncertainty about the U.S. debt ceiling on Thursday, while Europe largely ignored … Read more

Western intelligence has said that Chinese hackers are spying on critical US infrastructure

May 24 (Reuters) – Western intelligence agencies and Microsoft Corp said on Wednesday that a Chinese state-sponsored hacking group has been spying on a wide range of critical infrastructure organizations in the United States, from telecommunications to transportation hubs. Microsoft said in a report that espionage also targeted the US island of Guam, which includes … Read more

Regulators are dusting off the rulebooks for engaging with generative AI like ChatGPT

Watchdogs are racing to keep up with the mass spread of artificial intelligence While waiting for new laws, regulators are adapting existing ones Generative tools face privacy, copyright, and other challenges LONDON/STOCKHOLM (Reuters) – As the race to develop more powerful AI services like ChatGPT heats up, some regulators are relying on outdated laws to … Read more

Bezos Blue Origin wins a NASA contract to build an astronaut lander on the moon

The US space agency said today, Friday, that a team led by Jeff Bezos Blue Origin won a NASA contract worth $ 3.4 billion to build a spacecraft to transport astronauts to and from the surface of the moon, which represents an achievement for NASA. The company is two years after losing out to Elon … Read more

Artificial intelligence threatens the future of humanity, 61% of Americans say: Reuters/Ipsos poll

(Reuters) – Most Americans surveyed in a Reuters/Ipsos poll released Wednesday said the rapid growth of artificial intelligence technology could put the future of humanity at risk. More than two-thirds of Americans are concerned about the negative effects of artificial intelligence and 61% believe it could threaten civilization. Since OpenAI’s ChatGPT chatbot became the fastest … Read more

The Morning Show: Showdown on the Ceiling

May 9 (Reuters) – A look at the day ahead on US and global markets from Mike Dolan. Nothing has been decided yet – on any front. With global markets still deadlocked over the extent of the economic slowdown and the chance of a recession, the US debt ceiling impasse remains unresolved — and Tuesday’s … Read more

Japan and South Korea have revived stalled economic talks as global risks grow

Finance leaders in Japan and South Korea hold their first bilateral talk in 7 years The two sides agree to conduct regular bilateral financial dialogue China sends its deputies to meet with Japan and South Korea Policymakers in Asia discuss strengthening market protection measures INCHEON, South Korea, May 2 (Reuters) – Japan and South Korea … Read more

Exclusive: Behind EU lawmakers’ challenge to rein in ChatGPT and generative AI

LONDON/STOCKHOLM, April 28 (Reuters) – (This story was re-written on April 28 to remove the word duplicate in paragraph 1) As recently as February, generative AI did not feature prominently in EU lawmakers’ plans to regulate AI technologies such as ChatGPT. the The 108-page block proposal For the AI ​​Act, which was published two years … Read more

Wall Street ended mixed declines for the dollar, weighed down by technological increases and recession fears

SINGAPORE (Reuters) – U.S. stocks fell to a mixed finish on Wednesday as strength in technology boosted the Nasdaq, while weak economic data and an ongoing debate in Washington over the debt ceiling weighed on cyclical volatility and the dollar. Technology stocks (.SPLRCT) jumped 1.7%, helping the Nasdaq gain 0.5%, and the S&P 500 and … Read more

Virgin Orbit’s bankruptcy overshadows Japan’s space dreams

TOKYO (Reuters) – The bankruptcy case of Richard Branson’s Virgin Orbit Holdings Inc. (VORB.O) has dealt a blow to Japan’s hopes of building a homegrown space industry, with plans for a spaceport in Kyushu designed to attract Japan’s tourism. Contract due to lack of funding. Oita Prefecture, home to the largest number of hot springs … Read more