Town Hall News

LONDON (Reuters) – Britain’s antitrust regulator was on Wednesday refused permission to appeal against a ruling that it had no power to open an investigation into Apple Inc’s mobile browser and cloud gaming services. Apple won an appeal in March against the decision by the Competition and Markets Authority (CMA) to open a full investigation into the dominance of Apple and Alphabet Inc’s Google in mobile browsers. The Competition Appeal […]

By Sam Tobin LONDON (Reuters) – Russian former Formula One driver Nikita Mazepin is fighting British sanctions imposed following the invasion of Ukraine in a bid to resurrect his racing career. Nikita Mazepin was dropped last March by his team Haas, which also severed ties with its title sponsor Uralkali, a Russian fertiliser producer then controlled by his father, Belarus-born oligarch Dmitry Mazepin. Both were later sanctioned by the European […]

By Stephen Nellis (Reuters) – MosaicML, an artificial intelligence startup founded by former Intel Corp executives and academic researchers, released on Wednesday two new products aimed at beating industry giants such as OpenAI on price. San Francisco-based MosaicML, which has raised $64 million to date, launched in 2021 with a suite of software tools designed to make it cheaper to carry out artificial intelligence work, which often involves training AI […]

By Mohamed Nureldin Nafisa Eltahir KHARTOUM (Reuters) – U.N. aid chief Martin Griffiths said on Wednesday he was seeking assurances from Sudan’s warring factions on the safe delivery of aid after six trucks of humanitarian supplies were looted and air strikes in Khartoum undermined a new ceasefire. “We will still require agreements and arrangements to allow for movement of staff and supplies,” Griffiths said from Port Sudan, where many people […]

By Elizabeth Piper and Carlos Barria KHERSON (Reuters) -Russian forces killed eight civilians in attacks on the southern Ukrainian region of Kherson on Wednesday, striking a hypermarket and railway station in the regional capital and hitting villages nearby, officials said. Three were killed in an apparent artillery strike as people did their morning shopping in the hypermarket in the city of Kherson, the Ukrainian prosecutor’s office said. Local officials said […]

By Ankika Biswas and Sruthi Shankar (Reuters) -Wall Street’s main indexes were set to open higher on Wednesday after a selloff in the previous session, with investors awaiting more economic data ahead of the outcome of a Federal Reserve policy meeting later in the day. Major U.S. stock indexes dropped more than 1% on Tuesday as regional bank shares tumbled on renewed fears over the financial system and as investors […]

By Chris Prentice (Reuters) – Massachusetts’ highest court on Wednesday will consider whether to revive a state fiduciary duty rule that was central to an enforcement action securities regulators filed against the online brokerage Robinhood. A subsidiary of Robinhood Markets Inc and Massachusetts Secretary of State Bill Galvin will argue before the state’s Supreme Judicial Court about a 2020 state regulation that placed a fiduciary duty on broker-dealers. Robinhood has […]

By Mark Trevelyan (Reuters) – Russia accused Ukraine on Wednesday of attacking the Kremlin with drones overnight in a failed attempt to kill President Vladimir Putin. A senior Ukrainian presidential official said Kyiv had nothing to do with the purported incident, the most dramatic accusation Russia has levelled against Ukraine since invading its neighbour more than 14 months ago. The Kremlin said two drones had been used in the alleged […]

(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate AI tools: AUSTRALIA * Seeking input on regulations The government requested advice on how to respond to AI from Australia’s main science advisory body and is considering next steps, a […]