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News Variety

How dependent is China on US artificial intelligence technology?

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FALCON POWERS – The Biden administration plans to put guardrails on U.S.-developed artificial intelligence (AI) models that power popular chatbots like ChatGPT to safeguard the technology from countries such as China and Russia, Reuters has reported. But China in the past year has built its own domestic generative AI industry and......
Economy & Business

“Saudi Finance Minister: Budget Deficit is Intentional”

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Falcon powers – Saudi Finance Minister, Mohammed Al-Jadaan, downplayed concerns over the Saudi budget deficit and its potential impact on the economy. In an interview with “Al-Eqtisadiah,” the Saudi minister stated that managing the budget deficit is one of the government’s top priorities, and it is implementing strategies and policies......
Economy & Business

“United States Cancels Some Chip Supply Licenses to Huawei”

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Falcon powers – The U.S. Department of Commerce announced that it has revoked some licenses that allow companies to ship goods such as chips to Chinese company Huawei, which manufactures mobile phones and personal computers. The decision comes after Huawei launched its first artificial intelligence-compatible personal computer, the “MateBook X......
Economy & BusinessEuropean

EU Policy. China dominating soaring global clean tech industry

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FALCON POWERS – EU’s goal to increase domestic manufacturing capacity for net-zero technologies faces stiff competition from China. Investment in clean technologies such as solar photovoltaics (PV), batteries, wind power, electrolysers and heat pumps soared by 70% last year with China accounting for three-quarters of global investments, according to a......
News Variety

British Scientific Team Reconstructs a Neanderthal Woman’s Head

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FALCON POWERS – British researchers have successfully reconstructed the head and face of a woman from the era of primitive humans (Neanderthals) who lived approximately 75,000 years ago. A documentary titled “Secrets of the Neanderthals,” produced by the BBC and available for streaming on Netflix starting Thursday, tells the story......
European

EU Policy. Facebook and Instagram probed over disinformation handling

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FALCON POWERS – The European Commission says the platforms’ tools to protect the EU elections are not sufficient. Meta’s Facebook and Instagram are subject to an investigation over how the platforms tackle disinformation under the Digital Services Act (DSA), amid fears they are vulnerable to Russian networks, the European Commission said today......
EuropeanNews Variety

Media freedom ‘perilously close to breaking point’ in several EU countries

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FALCON POWERS – Media freedom is declining across the EU and “perilously close to breaking point” in several countries, a leading civil liberties network has said, highlighting widespread threats against journalists and attacks on the independence of public broadcasters. The Berlin-based Civil Liberties Union for Europe (Liberties) said in its annual......
Asylum & Migration

Ireland seeks emergency law to return asylum seekers back to UK

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FALCON POWERS – Ireland is seeking an emergency law to allow the return of asylum seekers to the UK amid concerns over increased arrivals through Northern Ireland linked to Rishi Sunak’s Rwanda deterrence plan. Ireland is looking to implement emergency legislation to enable the return of asylum seekers to the......
Economy & Business

Major Swedish Real Estate Company Declares Bankruptcy After Failing to Repay Debts of Up to One Billion Krona

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FALCON POWERS – Warnings of bankruptcy for Swedish companies due to the recession and inflation hitting Sweden are starting to emerge, affecting hundreds of small and medium-sized companies as well as large corporations. Today, the Stockholm court announced that it has received a bankruptcy application from one of the largest......