Tag #Big Tech

Showing 25 to 36 of 164 results

repubblica.it

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Jul 9, 04:14

Stablecoin Boom: Circle's Stock Soars, Tether's Profits Exceed Major Banks

The US Senate's approval of the Genius Act spurred a tenfold increase in Circle's stock price, highlighting the booming stablecoin market where companies like Tether generated $13 billion in profit in 2024, exceeding major Italian banks, while facing potential challenges from regulators and competit...

Stablecoin Boom: Circle's Stock Soars, Tether's Profits Exceed Major Banks

The US Senate's approval of the Genius Act spurred a tenfold increase in Circle's stock price, highlighting the booming stablecoin market where companies like Tether generated $13 billion in profit in 2024, exceeding major Italian banks, while facing potential challenges from regulators and competit...

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How do the profit models of Tether and Circle differ, and what factors contribute to these differences?

The success of Circle and Tether highlights the lucrative potential of stablecoins, attracting interest from major corporations like Amazon. These companies see stablecoins as a way to generate substantial interest income on reserves, similar to Tether's $7 billion return from Treasury investments. The Genius Act, however, currently prohibits large tech firms from directly issuing stablecoins.

euronews.com

🌐 85% Global Worthiness

Jul 1, 19:16

Senate Rejects Trump's AI Regulation Ban

The US Senate voted 99-1 against a provision in President Trump's tax bill that would have prevented states from regulating AI companies for 10 years, reflecting bipartisan concerns about Big Tech accountability and the potential negative consequences of limiting state oversight.

Senate Rejects Trump's AI Regulation Ban

The US Senate voted 99-1 against a provision in President Trump's tax bill that would have prevented states from regulating AI companies for 10 years, reflecting bipartisan concerns about Big Tech accountability and the potential negative consequences of limiting state oversight.

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What were the main arguments for and against the proposed ban on state-level AI regulations?

The defeated proposal, part of President Trump's tax bill, aimed to prevent states from enacting AI regulations in exchange for federal AI investment. Opponents argued this would benefit Big Tech companies at the expense of consumer protection and public safety. The rejection indicates a strong preference for maintaining the ability of states to regulate AI within their jurisdictions.

politico.eu

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Jun 6, 10:12

French Minister's Public Rebuke of Big Tech Strains Relations

French Equality Minister Aurore Bergé publicly scolded Big Tech companies for insufficient action against sexist and violent content, straining relations with the tech industry and highlighting a potential power struggle within the French government.

French Minister's Public Rebuke of Big Tech Strains Relations

French Equality Minister Aurore Bergé publicly scolded Big Tech companies for insufficient action against sexist and violent content, straining relations with the tech industry and highlighting a potential power struggle within the French government.

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What immediate impact did Minister Bergé's public rebuke of Big Tech companies have on the French government's relationship with the tech industry?

French Equality Minister Aurore Bergé publicly reprimanded Big Tech companies for insufficient action against sexist and violent content, demanding accountability and results. This follows months of lobbying for an age limit on social media, but the meeting yielded few concrete outcomes and strained relations between the government and Big Tech.

forbes.com

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Jun 4, 22:14

AI-Fueled Energy Demand Boosts Constellation Energy Stock Despite Volatility

Driven by surging AI-related energy demand, Constellation Energy's stock price increased 29% in 2025 after securing major nuclear power deals with Microsoft ($16 billion, 20-year contract) and Meta (terms undisclosed) despite recent earnings shortfalls and analyst concerns about overvaluation.

AI-Fueled Energy Demand Boosts Constellation Energy Stock Despite Volatility

Driven by surging AI-related energy demand, Constellation Energy's stock price increased 29% in 2025 after securing major nuclear power deals with Microsoft ($16 billion, 20-year contract) and Meta (terms undisclosed) despite recent earnings shortfalls and analyst concerns about overvaluation.

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Affordable and Clean Energy

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What is the primary driver of the recent increase in demand for nuclear power, and what are the immediate implications for energy providers like Constellation Energy?

Constellation Energy's stock price has risen 29% this year due to increased demand for nuclear power from tech giants like Microsoft and Meta. These companies have signed multi-billion dollar contracts for nuclear energy, driving growth in the sector. However, recent earnings reports have shown the stock to be somewhat overvalued, and its price has fluctuated significantly.

forbes.com

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May 30, 01:12

Poll: Most Americans Favor Decentralized AI Over Big Tech Control

A Digital Currency Group and Harris Poll survey of 2,036 U.S. adults found 75% believe decentralized AI is more beneficial than centralized models, driven by concerns over Big Tech control and data privacy; this preference is particularly strong among older Americans.

Poll: Most Americans Favor Decentralized AI Over Big Tech Control

A Digital Currency Group and Harris Poll survey of 2,036 U.S. adults found 75% believe decentralized AI is more beneficial than centralized models, driven by concerns over Big Tech control and data privacy; this preference is particularly strong among older Americans.

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How does public distrust of Big Tech and government influence the preference for decentralized AI, and what are the broader societal implications of this distrust?

The poll highlights a significant public distrust of Big Tech and elected officials in managing AI, with 65% and 46% expressing distrust, respectively. This fuels the preference for DeAI, seen as more aligned with public values due to its transparency and data control features.

repubblica.it

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May 29, 19:10

Acemoglu's Antitrust Plea vs. EU's Proactive Digital Markets Act

Nobel laureate Daron Acemoglu urges US and EU action against tech monopolies, advocating antitrust measures including breakups and punitive taxes, while the EU's Digital Markets Act (DMA) takes a preventative approach to regulate gatekeepers and promote competition in digital markets.

Acemoglu's Antitrust Plea vs. EU's Proactive Digital Markets Act

Nobel laureate Daron Acemoglu urges US and EU action against tech monopolies, advocating antitrust measures including breakups and punitive taxes, while the EU's Digital Markets Act (DMA) takes a preventative approach to regulate gatekeepers and promote competition in digital markets.

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What are the primary concerns regarding the monopolistic power of tech giants, and what immediate actions are being proposed to address these issues?

Daron Acemoglu, a Nobel laureate in Economics, advocates for US and European action against the monopolistic shift of tech giants in a recent Financial Times article. He highlights how concentrated digital markets can erode democracy, stifle innovation, and impoverish independent journalism, advocating for stronger antitrust measures, including breakups and punitive taxation.

de.euronews.com

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Jul 3, 13:13

EU Digital Regulations: Public Demands Stricter Enforcement Against Big Tech

A YouGov poll shows majorities in France (63%), Germany (59%), and Spain (49%) want stricter enforcement of EU digital regulations against Big Tech, believing these companies are more powerful than the EU; the EU is resisting US pressure to weaken these regulations.

EU Digital Regulations: Public Demands Stricter Enforcement Against Big Tech

A YouGov poll shows majorities in France (63%), Germany (59%), and Spain (49%) want stricter enforcement of EU digital regulations against Big Tech, believing these companies are more powerful than the EU; the EU is resisting US pressure to weaken these regulations.

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What is the primary public concern regarding the EU's regulation of Big Tech companies, and what are its immediate implications?

A YouGov poll reveals that majorities in France, Germany, and Spain believe the EU isn't enforcing its digital regulations against Big Tech companies strictly enough. In France, 63 percent of respondents felt enforcement was too lax, followed by 59 percent in Germany and 49 percent in Spain. Only a small minority felt enforcement was too strict.

theguardian.com

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Jun 15, 10:15

UK Government's AI Tool, Humphrey, Sparks Copyright Concerns

The UK government's AI tool, Humphrey, uses models from OpenAI, Anthropic, and Google, raising concerns about copyright infringement and reliance on big tech; all English and Welsh officials will receive training, despite criticisms.

UK Government's AI Tool, Humphrey, Sparks Copyright Concerns

The UK government's AI tool, Humphrey, uses models from OpenAI, Anthropic, and Google, raising concerns about copyright infringement and reliance on big tech; all English and Welsh officials will receive training, despite criticisms.

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How does the UK government's use of AI tools, such as Humphrey, intersect with the ongoing debate regarding copyright infringement in AI model training?

The government's adoption of AI from major tech companies accelerates despite ongoing debates about copyright infringement in AI model training. The recent Data Bill allows copyrighted material usage unless rights holders opt out, causing a backlash from artists. The government's use of AI tools like Humphrey raises questions about its ability to effectively regulate the same companies whose technologies it employs.

repubblica.it

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Jun 4, 19:14

AI Pioneer Bengio Launches LawZero to Counter Unchecked AI Development

Yoshua Bengio, a leading AI researcher, founded LawZero, a non-profit organization dedicated to building safer AI systems, fueled by concerns over the unchecked development of advanced AI by large tech companies and the potential for catastrophic consequences, raising almost 30 million dollars from ...

AI Pioneer Bengio Launches LawZero to Counter Unchecked AI Development

Yoshua Bengio, a leading AI researcher, founded LawZero, a non-profit organization dedicated to building safer AI systems, fueled by concerns over the unchecked development of advanced AI by large tech companies and the potential for catastrophic consequences, raising almost 30 million dollars from ...

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What immediate steps are being taken to address the safety concerns surrounding the rapid advancement of artificial intelligence, particularly in light of competitive pressures from large tech companies?

Yoshua Bengio, a pioneer of deep learning and Turing Award recipient, expresses growing concern over the unchecked development of advanced AI by large tech companies. He highlights the competitive race to create ever-smarter AI, neglecting crucial safety research. This has prompted him to found LawZero, a non-profit focused on safer AI development.

forbes.com

🌐 85% Global Worthiness

Jun 3, 22:13

FDA Launches AI Tool; Meta Develops AI for Ads; Nvidia Revenue Strong Despite China Export Restrictions

The U.S. FDA launched an agency-wide generative AI tool called Elsa; Meta develops AI tools to enhance ad creation and targeting; Nvidia reports strong revenue despite year-over-year decline due to China export restrictions; and academic journals face challenges due to bots scraping data for AI mode...

FDA Launches AI Tool; Meta Develops AI for Ads; Nvidia Revenue Strong Despite China Export Restrictions

The U.S. FDA launched an agency-wide generative AI tool called Elsa; Meta develops AI tools to enhance ad creation and targeting; Nvidia reports strong revenue despite year-over-year decline due to China export restrictions; and academic journals face challenges due to bots scraping data for AI mode...

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Good Health and Well-being

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How do Nvidia's financial results reflect the influence of geopolitical factors and trade restrictions on the AI industry?

The FDA's adoption of Elsa showcases the growing integration of AI in public sectors for streamlining operations and improving efficiency. Meta's AI initiatives aim to leverage AI for personalized advertising, increasing its revenue generation potential. Nvidia's financial performance highlights the impact of geopolitical factors on the AI industry and the potential for trade restrictions to influence profitability.

smh.com.au

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May 29, 07:14

Mountainhead: Tech Billionaires, Geopolitics, and a Weekend of High Stakes

Jesse Armstrong's "Mountainhead" satirizes four tech billionaires' weekend getaway, mirroring real-world events such as Elon Musk's involvement with DOGE, to explore the unpredictable intersection of Silicon Valley, politics, and global power.

Mountainhead: Tech Billionaires, Geopolitics, and a Weekend of High Stakes

Jesse Armstrong's "Mountainhead" satirizes four tech billionaires' weekend getaway, mirroring real-world events such as Elon Musk's involvement with DOGE, to explore the unpredictable intersection of Silicon Valley, politics, and global power.

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What are the key parallels between Mountainhead's fictional narrative and current real-world events in the tech and political spheres, and what are their immediate implications?

Jesse Armstrong's new film, Mountainhead, satirizes the intersection of Silicon Valley, politics, and global power, focusing on four tech billionaires whose weekend getaway mirrors real-world events. The film's plot parallels recent headlines, such as Elon Musk's involvement with the Department of Government Efficiency (DOGE).

politico.eu

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May 28, 13:13

Big Tech's Data Centers Exacerbate Spain's Water Crisis

Amidst Europe's looming water crisis, Microsoft and Amazon's €15 billion+ investment in data centers in drought-stricken Aragon, Spain, is sparking conflict with local farmers, highlighting the tension between technological advancement and water resource preservation.

Big Tech's Data Centers Exacerbate Spain's Water Crisis

Amidst Europe's looming water crisis, Microsoft and Amazon's €15 billion+ investment in data centers in drought-stricken Aragon, Spain, is sparking conflict with local farmers, highlighting the tension between technological advancement and water resource preservation.

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Clean Water and Sanitation

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How does the European Union's initiative to increase data center capacity contribute to the water crisis in Europe, and what are the broader implications for regional development and environmental sustainability?

The EU's push to triple data center capacity by 2030 exacerbates the situation, pitting economic development against environmental sustainability. Data centers' high water consumption, nearing 62 million cubic meters in 2024 and projected to increase, clashes with the agricultural sector's needs in a region facing frequent droughts. This conflict highlights the tension between technological advancement and resource preservation.

Showing 25 to 36 of 164 results