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Europe is taking a tough stance on regulating artificial intelligence (AI), introducing comprehensive rules to ensure the responsible development and use of the technology. While the rules aim to address potential risks associated with AI, Prince Constantijn of the Netherlands said the approach could cause Europe to fall behind the United States and China in AI development.“Our ambitions seem to be limited to being a good regulator,” Constantine told CNBC on the sidelines of the recent fintech conference Money 20/20 in Amsterdam.”We’ve seen this happen in the data space. [with GDPR]”We’ve seen this in the platform space and now in…
CNN — Growing up in Texas, Mary Beth Walsh thought she was used to high temperatures, and her hometown of Dallas is currently experiencing relentless heat waves every so often. But the 21-year-old was shocked to find herself in “unbearable” heat of 98 degrees Fahrenheit (37 degrees Celsius) while visiting Athens with friends in mid-June. “I was quite surprised because I had no idea how hot it actually was until I got there,” she told CNN. “I always joke that I can handle the heat so well that I’ll bring a sweatshirt to class in August (in the US),” she…
To improve public health, a post-election European Union (EU) should prioritise long-term challenges such as climate change and an ageing population, as well as factors that affect our health, according to a new report. The findings from a seven-month public debate led by the European Observatory for Health Systems Policies highlight a common call for the EU to play a stronger role in health.The report is based on an open debate commissioned by the European Commission’s Directorate-General for Health and Food Safety (DG SANTE) and outlines the main priorities and actions desired by citizens and stakeholders from a wide range…
As part of the league board’s efforts to strengthen the Nigeria Premier Football League, league chairman, Mr Gbenga Elegbeleye, has announced that referees next season will begin using technology as an aid to officiating. Sunday marked the conclusion of the 2023-24 season with Enugu Rangers winning the title for the ninth time by five points. Throughout the season, umpire decisions were sometimes controversial, resulting in certain umpires being suspended or even banned. Announcing the resumption of the 2024/25 season on August 31, Elegbelaye said the NPFL board was ready to improve the quality of refereeing in Nigeria’s top league. “There…
All products and services featured are independently chosen by editors. However, StyleCaster may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. Whenever I’m packing for a trip, I feel like I’m playing tug of war when it comes to my shoe selection. I’m well aware that my travels will entail so much walking that my muscles will ache, but I also want to look cute while sightseeing and relaxing. And if you’re headed to Europe, I’m sure you can relate to this exact internal struggle. Which shoes…
Robotics company VersaTile Automation has raised £8 million in seed investment from Tharsus Group and today launched an automation technology platform to improve productivity in UK warehouses. VersaTile is run by the team at Tharsus Group, a British manufacturing company that develops advanced automation solutions for many companies around the world, including Rolls-Royce, Ocado and BMW. VersaTile has used AI to develop a modular automation system for high-load fulfillment centers, transforming the warehouse environment by moving products using a dynamic tiling system. The “intelligent floor” knows exactly where products are located and can move materials instantly, doubling productivity and requiring…
“We really don’t know what’s going to happen after the election. We don’t know who will be elected. We don’t know what policies they will be elected on because nobody has had enough time to prepare policies,” said a fintech lobbyist. Everyone POLITICO spoke to predicted that the CMU project would be dealt a major blow if either the far right or the far left were to enter Matignon. “It’s always the French who suggest the ideas. [on EU finance policy]“Everybody is expecting it. [a far-right or far-left] “If the government opposes it, there will be fewer proposals. And there…
LVIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskiy said early Sunday that the siege of the port city of Mariupol will go down in history as a war crime committed by Russian forces. “What they did to a peaceful city was the act of an occupying force, an act of terror that will be remembered for centuries to come,” Zelensky said in a video address to the nation.Russian troops have advanced deeper into the besieged and destroyed city, where heavy fighting has shut down a major steel factory and prompted local authorities to call for more aid from Western countries.At…
Ahead of the iOS 18 Beta 2 release earlier this week, the company announced that it wouldn’t be bringing Apple Intelligence and certain other iOS 18 features to Europe due to regulatory concerns. In a statement released at the time, Apple said: “We are concerned that the DMA’s interoperability requirements may force us to compromise the integrity of our products in ways that put our users’ privacy and data security at risk.” Now, when asked about Apple’s decision in an interview at Forum Europe in Brussels, European Union Commission President Margrethe Vestager said: “Apple has said that they will not…
Tougher standards: The EUDR aims to minimise imports of products linked to deforestation. | Photo by GP Sampath Kumar Indian coffee exporters are seeing increased demand from European buyers who are building up stocks ahead of the deadline for compliance with the proposed European Union Deforestation Regulation (EUDR) standards.The EUDR aims to minimise imports of products linked to deforestation and mandates strict due diligence and traceability measures for commodities such as coffee, which could impact Indian exports.The EUDR Code applies to a wide range of products, including cattle, cocoa, coffee, oil palm, rubber, soy and timber, and companies have until…