Powerful AI systems with human-like, general-purpose intelligence may need to be banned to preserve humanity, says government adviser
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AI Leaders Warn Of ‘Extinction’ Risk To Humans
AI poses human extinction risk on par with a nuclear war, AI leaders and academics warn in joint statement
Bitcoin Trades At Steep Discount On Binance Australia
Bitcoin trades at discounts of up to 21 percent on Binance Australia as users seek to cash out ahead of 1 June deadline
Downing Street Acknowledges ‘Existential’ Risk Of AI
Prime Minister Rishi Sunak has met the heads of firms including DeepMind and OpenAI to discuss AI safety and regulation
China Says AI Disruption Could Pose ‘Serious Challenge’
China internet regulator says generative AI could pose 'serious challenge' to governance, regulation and manland labour market
EU Restarts Apple Tax Case Before EU’s Top Court
European Commission argues before Court of Justice of the European Union that lower decision to discard 13bn euro Apple tax case was 'flawed'
Regulator Group Proposes First Global Crypto Rules
International securities regulator Iosco proposes first global crypto standards for member states in wake of FTX collapse
TikTok Sues Montana Over App Ban
Chinese-owned social media platform TikTok sues US state of Montana over law that would ban distribution of app in state on security grounds
Italy Data Protection Office Plans Broader AI Review
Italy's proactive data protection regulator plans broader review of AI after brief banon ChatGPT amidst mounting concerns around field
Meta Fined Record £1bn Over Facebook Data Transfers
Ireland data office fines Facebook parent Meta £1bn over continued transfers of user data to US, presenting risk to 'fundamental rights'
China Bans Micron From Key Infrastructure
China internet regulator finds Micron products pose 'major security risk', amidst growing tensions with US
OpenAI Chief To Call For AI Regulation Before Congress
OpenAI chief executive Sam Altman to tell US Congress that 'regulation of AI is essential', but companies must have flexibility to adapt
CMA Chief Defends Activision Decision Before Parliament
CMA chief executive defends Microsoft-Activision decision to Parliament, saying agency is not seeking to foster 'hostile environment'
EU Ministers Approve World’s First Crypto Rules
EU finance ministers approve MiCA, pushing forward world's first comprehensive regulatory regime for crypto assets amidst chaos in sector
Former ByteDance Executive Accuses Firm Of ‘Lawlessness’
ByteDance says it will 'vigorously' fight allegations by former executive as TikTok subsidiary faces data privacy criticism
European Commission Approves Microsoft-Activision Takeover
European regulators approve Microsoft's $69bn acquisition of Activision-Blizzard after opposition by US and UK regulators
UK Further Restricts Microsoft-Activision Buy
UK CMA regulator places further restrictions on Microsoft and Activision to 'prevent pre-emptive action' by companies
TikTok Sister Site Douyin Mandates Labels For AI Content
TikTok's Chinese sister platform Douyin publishes new rules mandating labels for AI-generated content, as sector faces increasing regulation
Crypto Exchange Bittrex Files For Bankruptcy After SEC Action
Cryptocurrency exchange Bittrex files for bankruptcy in US following SEC regulatory action that accused it of trading in unlicensed securities
Apple Co-Founder Wozniak Warns Over AI Misuse
AI is likely to be misused by 'bad actors' to spread fraud and misinformation and must be regulated, says Apple co-founder Steve Wozniak
LinkedIn To Shutter China Site, Cut 716 Jobs
Microsoft-owned business social network LinkedIn to close remaining China job application service, cut 716 jobs amidst tougher regulation
Biden Meets With Google, Microsoft Bosses Over AI
US president Joe Biden meets with chief executives of Google, Microsoft, two AI firms over concerns about technology's safe development
TikTok Tracked UK Journalist Via Cat Account
TikTok tracked location of Financial Times journalist Cristina Criddle via an account in the name of her cat, as data controversy continues
UK Introduces Long-Delayed Digital Markets Legislation
UK government introduces legislation ramping up regulation of the biggest tech firms, after years of delays
US Congress Targets China’s Shein, Temu In Latest Backlash
US Congress advisory group singles out popular China-linked fast-fashion apps Shein and Temu over data concerns
Indian Start-Ups Demand Delay For New Google Payment System
Group of Indian start-ups claims new Google in-app payment system allowing third-party providers charges 'unsustainable' fees
South Korea Fines Google £26m For Blocking Rival App Store
South Korean regulator fines Google 42.1bn won for attempting to block the growth of rival app store One Store through deals with game makers
Martha Lane-Fox Warns Against AI ‘Hysteria’
Lastminute.com founder Martha Lane-Fox warns against AI 'hysteria' and calls for 'reasonable conversations' amidst ChatGPT frenzy
Italy Bans ChatGPT Over Personal Data Risk
Italian data regulator bans ChatGPT in country and opens probe into whether chatbot's data collection complies with GDPR
US Reglators Seek Ban On Crypto Exchange Binance
US regulators sue biggest crypto exchange Binance, alleging violations of US financial laws and seeking injunction