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Company executives urge Europe to rethink its world leading AI rules

LONDON (AP) — More than 150 executives are urging the European Union to rethink the world’s most comprehensive rules for artificial intelligence, saying Friday that upcoming regulations will make it harder for companies in Europe to compete with rivals overseas, especially when it comes to the technology behind systems like ChatGPT. Officials at companies from […]

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Tech group sues Arkansas over law requiring parental OK for minors creating social media accounts

LITTLE ROCK, Ark. (AP) — A tech industry trade group sued Arkansas on Thursday challenging a new state law that requires parental permission for minors to create social media accounts. NetChoice, a group whose members include Facebook parent Meta, TikTok and Twitter, filed a federal lawsuit over the measure signed by Republican Gov. Sarah Huckabee […]

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The latest victim of the MOVEit data breach is the Department of Health and Human Services

Federal health officials have notified Congress of a data breach that could involve the information of more than 100,000 people. A representative of the U.S. Department of Health and Human Services said Thursday that attackers gained access to the department’s data by exploiting a vulnerability in widely used file-transfer software. Other government agencies, major pension […]

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Indigo posts loss after latest quarter ‘heavily impacted’ by ransomware attack

Canadian retailer Indigo Books and Music Inc. said cooling consumer spending compounded the effects of a ransomware attack against the company in February, dragging down its earnings amid a board of directors shakeup. The Toronto-based bookseller reported a loss of $49.6 million its latest financial year, which saw a cyberattack take down its website and […]

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Indigo reports $49.6M full year loss compared with $3.3M profit a year earlier

TORONTO — Indigo Books and Music Inc. reported a loss of $49.6 million its latest financial year which saw a cyberattack take down its website and payment systems and compromise the personal information of some current and former employees. The retailer says the loss amounted to $1.78 per diluted share for the 52-week period ended […]

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On the 10th anniversary of the Lac Megantic rail disaster, what’s changed?

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. On July 6, 2013, a runaway train carrying 72 tank cars loaded with volatile Bakken shale oil derailed and exploded in Lac-Megantic, a small town in […]

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Suncor cyberattack likely to cost company millions of dollars, expert says

CALGARY — The systems breach at Suncor Energy Inc. will likely cost the company millions of dollars before it is able to resolve the issue, according to a cybersecurity expert. Jon Ferguson, general manager of cybersecurity at the Canadian Internet Registration Authority, made the comments in an interview Tuesday, two days after the Calgary-based oil […]

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Artificial intelligence takes centre stage at Collision tech conference in Toronto

TORONTO — When the Collision tech conference got underway in Toronto on Tuesday, there were two words that dominated discussions across the Enercare Centre: artificial intelligence. From the speakers that took to the annual event’s stages to the swath of startups seeking investments and exposure, seemingly everyone had something to say about the technology that […]

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As fuel taxes plummet, states weigh charging by the mile instead of the tank

COLUMBUS, Ohio (AP) — Evan Burroughs has spent eight years touting the virtues of an Oregon pilot program charging motorists by the distance their vehicle travels rather than the gas it guzzles, yet his own mother still hasn’t bought in. Margaret Burroughs, 85, said she has no intention of inserting a tracking device on her […]

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Is Twitter ready for Europe’s new Big Tech rules? EU official says it has work to do

Twitter needs to do more work to fall in line with the European Union’s tough new digital rulebook, a top EU official said after overseeing a “stress test” of the company’s systems in Silicon Valley. European Commissioner Thierry Breton said late Thursday that he noted the “strong commitment of Twitter to comply” with the Digital […]

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AI pioneer Yoshua Bengio to focus on safer uses of AI, argues regulation necessary

TORONTO — Artificial intelligence pioneer Yoshua Bengio says he will be redirecting his research to ensure he is working on applications of the technology that are safe for society. “I have been thinking a lot about this and I am going to do what I think is best to go in the right direction,” the […]

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2.5M Genworth policyholders and 769K retired California workers and beneficiaries affected by hack

SACRAMENTO, Calif. (AP) — The country’s largest public pension fund says the personal information of about 769,000 retired California employees and other beneficiaries — including Social Security numbers — was among data stolen by Russian cybercriminals in the breach of a popular file-transfer application. It blamed the breach on a third-party vendor that verifies deaths. […]

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