Town Hall News

By Jyoti Narayan, Krystal Hu, Martin Coulter and Supantha Mukherjee (Reuters) -Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, in an open letter citing potential risks to society and humanity. Earlier this month, Microsoft-backed OpenAI unveiled the fourth iteration of its GPT (Generative Pre-trained Transformer) AI program, which has wowed […]

By Jyoti Narayan, Krystal Hu, Martin Coulter and Supantha Mukherjee (Reuters) -Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, in an open letter citing potential risks to society and humanity. Earlier this month, Microsoft-backed OpenAI unveiled the fourth iteration of its GPT (Generative Pre-trained Transformer) AI program, which has wowed […]

By Arpan Chaturvedi and Munsif Vengattil NEW DELHI (Reuters) -An Indian tribunal on Wednesday gave partial relief to Alphabet Inc’s Google by setting aside four of 10 antitrust directives in a case related to the dominant market position of its Android operating system. The Competition Commission of India (CCI) said in October that Google had exploited its dominant position in Android and told it to remove restrictions imposed on device […]

By Pavel Polityuk KYIV (Reuters) -The head of the U.N. nuclear watchdog visited the Russian-held Zaporizhzhia nuclear power station in southeastern Ukraine on Wednesday as part of efforts to avert the risk of an atomic accident. Rafael Grossi, head of the International Atomic Energy Agency, arrived by car at Europe’s largest nuclear power plant to review the situation there, an IAEA spokesperson said. Grossi wants to assess first-hand the “nuclear […]

(Reuters) -Credit Suisse continues to help ultra-wealthy Americans evade taxes and had concealed more than $700 million from tax authorities in violation of a 2014 plea agreement, the U.S. Senate Finance Committee said on Wednesday. After concluding a two-year investigation into Credit Suisse, the committee said it had uncovered “major violations” of the 2014 agreement between the Swiss lender and the U.S. Department of Justice for enabling tax evasion. These […]

By Amanda Cooper LONDON (Reuters) – Global shares rose on Wednesday as investors took heart from a greater degree of stability in the banking sector, but the sense of optimism wasn’t robust enough to severely knock safe-haven assets like bonds or gold. The sale of assets in Silicon Valley Bank (SVB), the regional lender that collapsed earlier this month, has helped prop up investor risk appetite. Certain measures of market […]

By Elizabeth Howcroft LONDON (Reuters) – Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday. The U.S. Commodity Futures Trading Commission (CFTC) sued Binance – the world’s biggest crypto exchange – along with its CEO and former top compliance executive, alleging that they were operating an “illegal” exchange and a “sham” compliance […]

PARIS (Reuters) -France’s Constitutional Council will issue a much-awaited verdict on April 14 on whether the government’s plans to increase the retirement age are in line with constitutional rules, it said in a statement on Wednesday. The plan by President Emmanuel Macron to delay by two years, to 64, the age at which people can draw their pension, has met fierce opposition from workers and trade unions, with another nationwide […]

(Reuters) – FIFA have extended bans imposed on past and present Juventus officials to apply worldwide, the soccer governing body said on Wednesday, with Tottenham Hotspur’s current managing director of football Fabio Paratici among the individuals affected by the move. In January, Serie A’s Juventus were deducted 15 points for the season by an Italian soccer court investigating the club’s transfer dealings and finances. The court also imposed bans from […]