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EU set to ban surveillance, start fines under new AI rules
The European Union is poised to ban artificial intelligence systems used for mass surveillance or for ranking social behaviour, while companies developing AI could face fines as high as 4% of global revenue if they fail to comply with new rules governing the software applications.
Privacy watchdog criticises Cathay Pacific over 2018 data breach
Airline Cathay Pacific has been found to have not followed data protection principles in relation to the security of passengers' personal data, Hong Kong's privacy watchdog said in a report published on June 6.
Facebook shareholders complain about Zuckerberg’s power, call for breakup
Facebook CEO Mark Zuckerberg has too much power and it’s hurting the company, according to multiple shareholder proposals that will be considered at the company’s annual meeting, including one that calls for exploring strategic alternatives such as selling the tech giant’s other businesses.
Uber buys rival Careem in US$3.1bil deal to dominate ride-hailing in Middle East
Global ride-hailing firm Uber Technologies Inc will spend US$3.1bil (RM12.64bil) to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering.
Facebook pulls but then restores Warren ads aimed at Big Tech
Facebook on March 11 pulled and then later restored ads by Democratic presidential hopeful Senator Elizabeth Warren calling for tech giants to be broken up.
Panel seeks more answers from Twitter as India prepares for elections
An Indian parliamentary panel gave Twitter Inc 10 days to file written answers to its questions after meeting on Monday with a senior company officer, part of India's scrutiny of social media content as it prepares for elections this year.
Historic UK music retailer HMV collapses due to digital surge
British music retailer HMV, which was launched by English composer Edward Elgar in 1921 and helped propel the Beatles to fame, collapsed into administration on Friday as consumers switch to digital streaming in droves.
Clampdown on e-commerce in India may not win back votes of small retailers
India's new curbs on e-commerce companies may not be enough to win over small store owners and traders in next year's general election, with the key voting bloc still seething over what it sees as broken promises by prime minister Narendra Modi.
Tesla is looking for a manager to handle Elon Musk
Wanted: A seasoned executive with a steady hand, a passion for electric cars and the mettle to rein in a CEO with itchy Twitter fingers.
Tesla to drop some colour options for cars to simplify production
Tesla Inc will eliminate some colour options for its electric cars to streamline production, as the company intensifies its efforts to ramp up production.
