BITTER

Meta takes on the US antitrust agency over the future of virtual reality

Meta takes on the US antitrust agency over the future of virtual reality

WASHINGTON/SAN JOSE, Calif., Dec 8 (Reuters) – The Federal Trade Commission, which enforces antitrust law, is about to engage in a real court battle over virtual reality. On Thursday, a high-profile lawsuit kicks off in which the FTC will try to stop Facebook parent company Meta Platforms Inc (META.O) from buying virtual reality app developer …

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EU set to ban Meta from ads based on personal data

EU set to ban Meta from ads based on personal data

BRUSSELS/BANGALORE, Dec 6 (Reuters) – Meta (META.O) will only be able to serve advertising based on personal data with users’ consent, according to a confidential EU privacy watchdog ruling, a person familiar with the matter said on Tuesday. , a blow to the American social network. The Irish data protection agency, which oversees Meta as …

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Exclusive: Twitter exec says acting fast on moderation as harmful content rises

Exclusive: Twitter exec says acting fast on moderation as harmful content rises

Dec 2 (Reuters) – Elon Musk’s Twitter relies heavily on automation to moderate content, removing some manual reviews and favoring distribution restrictions rather than outright removal of some speech, Reuters has been told its new head of trust and safety. Twitter is also more aggressively restricting hashtags and search results conducive to abuse in areas …

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'No sacred cows' as pipeline company TC Energy prepares for C$5 billion asset sale

‘No sacred cows’ as pipeline company TC Energy prepares for C$5 billion asset sale

WINNIPEG, Manitoba, Dec 2 (Reuters) – As TC Energy Corp (TRP.TO) prepares to offload C$5 billion ($3.7 billion) in assets next year, investors and analysts say the North American pipeline operator has many options without touching its core gas business. Chief executive Francois Poirier cleared up any ambiguity this week when asked how much of …

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The real “bitter lesson” of artificial intelligence

The real “bitter lesson” of artificial intelligence

In a popular blog post titled “The Bitter Lesson,” Richard Sutton argues that advances in AI are the result of cheaper computations, not human design decisions based on problem-specific information. Sutton diminishes researchers who integrate knowledge into solutions based on their understanding of a problem to improve performance. This temptation, Sutton explains, is good for …

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Amazon warns its customers of the limits of its AI

Amazon warns its customers of the limits of its AI

LAS VEGAS, Nov 30 (Reuters) – Amazon.com Inc (AMZN.O) plans to roll out warning cards for software sold by its cloud computing division, amid continued concern that artificially intelligent systems can discriminate against different groups, the company told Reuters. Similar to long nutrition labels, Amazon’s so-called AI service cards will be public so its business …

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Analysis: Apple's supply chain data shows declining exposure to China as risks rise

Analysis: Apple’s supply chain data shows declining exposure to China as risks rise

SHANGHAI, Nov 30 (Reuters) – Apple Inc’s (AAPL.O) broad exposure to Chinese manufacturing, notable for both its low costs and growing risks, has declined since the start of the COVID-19 pandemic , according to the company’s supply chain data. With the world’s largest iPhone factory, operated in central China by Foxconn (2317.TW), battling production shortfalls …

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Foxconn unrest threatens iPhone shipments and weighs on Apple shares

Foxconn unrest threatens iPhone shipments and weighs on Apple shares

November shipments from Foxconn’s Zhengzhou plant to drop further – source Workers’ discontent at the factory turned into protests this week More than 20,000 workers, mostly new recruits, left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s (2317.TW) flagship iPhone factory in China is expected to see a further reduction in November shipments after the …

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Protests in Iran spread, death toll rises as internet is restricted

Protests in Iran spread, death toll rises as internet is restricted

Unrest has swept Iran since the death of a young woman in custody At least eight people were killed Restricted access to Instagram, WhatsApp, internet partially cut off Social media video shows protests spreading across Iran DUBAI, September 21 (Reuters) – Iranian authorities and a Kurdish rights group reported a rise in the death toll …

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