Apple Inc., the world's largest technology company, must share data about its App Store user numbers and artificial intelligence and algorithm-related risks in Europe or face heavy fines, as per the recent Digital Services Act (DSA). Founded by Steve Jobs, Steve Wozniak and Ronald Wayne, Apple is an iconic tech brand which has been inspiring millions of people around the world with its innovation and leadership.
Bloomberg LP, a leading financial news agency, employs AI technology to revolutionize the world of finance. By introducing the proprietary model called Bloomberg GPT, trained on extensive financial data, such as press releases and securities filings, the company is able to develop features such as automated analytics and reports, generating headlines and summarizing articles. This AI-based model allows for tasks to be automated, saving time and effort for professionals in the financial industry. Dr. Gideon Mann leads the launch of Bloomberg GPT.
Amidst the growing number of ransomware attacks around the world, organizations face a huge financial and operational disruption. According to the 2023 Global Cyber Confidence Index analysis from ExtraHop, 83% of victimized organizations have paid the extortion money with an average cost reaching US $925,162. Cyber gangs are utilizing 'double extortion' tactics to put pressure on vulnerable business environments. Companies need to keep up with patching and monitoring devices to protect their assets from such attacks.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?