Business

Business


Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI

ROME (AP) — Tech giant Cisco Systems on Wednesday joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethically and to benefit the common good. Cisco Systems chief executive Chuck Robbins signed the document, known as the Rome Call, and met privately with Pope Francis, the […]

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Boeing’s financial woes continue, while families of crash victims urge US to prosecute the company

Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. CEO David Calhoun said the company is in “a […]

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Senate passes bill forcing TikTok’s parent company to sell or face ban, sends to Biden for signature

WASHINGTON (AP) — The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that’s expected to face legal challenges and disrupt the lives of content creators who rely on the short-form video app for income.  […]

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Cyberattacks are on the rise, and that includes small businesses. Here’s what to know

NEW YORK (AP) — Cyberattacks on businesses are rising, including small businesses. It’s a troubling trend because a breach can be very costly and time consuming if owners don’t have a plan to deal with one. According to the Verizon 2023 Data Breach Investigations Report, the median cost per ransomware attack — which features a […]

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Ottawa puts up $50M in federal budget to hedge against job-stealing AI

Worried artificial intelligence is coming for your job? So is the federal government — enough, at least, to set aside $50 million for skills retraining for workers.  One of the centrepiece promises in the federal budget released Tuesday was $2.3 billion in investments aiming to boost adoption of the technology and the artificial intelligence industry […]

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A bill that could ban TikTok advances to the Senate. What’s next?

The House has approved legislation that would ban TikTok if its Beijing-based parent company doesn’t divest from the popular social media platform, escalating the fight over the hot-button issue. The TikTok legislation, which was included in a package of bills that would send aid to Ukraine and Israel, could become law as soon as next […]

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Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse

WASHINGTON (AP) — President Joe Biden on Saturday signed legislation reauthorizing a key U.S. surveillance law after divisions over whether the FBI should be restricted from using the program to search for Americans’ data nearly forced the statute to lapse. Barely missing its midnight deadline, the Senate had approved the bill by a 60-34 vote […]

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First major attempts to regulate AI face headwinds from all sides

DENVER (AP) — Artificial intelligence is helping decide which Americans get the job interview, the apartment, even medical care, but the first major proposals to reign in bias in AI decision making are facing headwinds from every direction. Lawmakers working on these bills, in states including Colorado, Connecticut and Texas, came together Thursday to argue […]

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Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker’s safety culture

An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart. “They are putting out defective airplanes,” the engineer, Sam Salehpour, told members of a Senate subcommittee. Salehpour was testifying about Boeing’s 787 Dreamliner, hundreds of […]

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Boeing pushes back on whistleblower’s allegations and details how airframes are put together

Boeing is defending the integrity of the fuselages on two of its largest planes, which have come under criticism from a whistleblower who warns that panels on the outside of one of the planes could eventually break apart during flight. Two Boeing engineering executives went into detail Monday to describe how panels are fitted together, […]

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Congress summons Boeing’s CEO to testify on its jetliner safety following new whistleblower charges

SAN FRANCISCO (AP) — A Senate subcommittee has summoned Boeing CEO David Calhoun to testify about the company’s jetliners in an inquiry prompted by new safety-related charges from a whistleblower.  The panel said it will hold a hearing next week featuring a Boeing quality engineer, Sam Salehpour, who is expected to detail safety concerns involving […]

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New Jersey county prosecutor resigns amid misconduct probe, denies any wrongdoing

The top prosecutor in a northwestern New Jersey county has resigned amid a state probe into allegations that the office lied about caseloads to pad its budget with state money meant for fraud investigations. James Pfeiffer, who had been the Warren County prosecutor since 2019, resigned Friday “effective immediately,” state Attorney General Matthew Platkin said. […]

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