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UK to Put Up Office in San Francisco to Address AI Risks

UK to Put Up Office in San Francisco to Address AI Risks

The UK is intensifying its efforts to assess and address AI risks by opening a new office in San Francisco.


US Regulators Considering Slashing Proposed Capital Hike for Big Banks: Report

The Federal Reserve and two other US regulators are reportedly considering a new plan to reduce a nearly 20% mandated increase in capital for the country's largest banks.

China Sanctions Boeing, Two US Defense Contractors for Taiwan Arm Sales

Amidst Taiwan's presidential inauguration, the Chinese government made a significant move by imposing sanctions on Boeing and two other defense companies.

William Lai Sworn In as Taiwan's New President

William Lai Ching-te has been sworn in as Taiwan’s new president, replacing Tsai Ing-wen after her eight-year tenure.


Latest News

Florida Enacts Stricter SNAP Benefits Rules; DeSantis Signs Bill to Reform Public Assistance
Washington's SUN Bucks program, an extension of SNAP benefits, will provide $120 in food assistance to over 500,000 children during the summer months.
Social Security Payment Worth Up to $4,873: Who's Eligible to Receive on July 10?
Social Security recipients are projected to receive an additional $60 per month in 2025, with benefits rising by approximately 3.2 percent due to persistent inflation, according to new estimates.
New Colorado Tax Credit Aims to Slash Child Poverty, Leveraging TABOR Surplus
Overcoming common barriers such as income limits and filing status can enable individuals to qualify for the Earned Income Tax Credit (EITC)
Student Loan Payments Set to Halve for SAVE Plan Participants Starting July
The Biden administration has extended a vital deadline for student loan borrowers seeking debt relief, pushing the deadline for loan consolidation to June 30.
GERMANY-US-INTERNET-AI-ARTIFICIAL-INTELLIGENCE
"AI Godfather" Geoffrey Hinton advocates for universal basic income to address job displacement caused by AI advancements and the need for global regulations to ensure ethical AI use.
Samsung Electronics Chairman Lee Jae-yong Attends Court In Merger Case
South Korea's financial regulator assured investors in New York of the government's dedication to corporate reform.
Ukraine Claims Destroying Russian-Used Starlink Systems Despite Elon Musk Denying Doing Business With Kremlin
Elon Musk recently arrived in Bali to inaugurate the Starlink satellite internet service, aiming to provide reliable internet access to Indonesia's remote areas.
gasoline
Gas prices are expected to rise by about $0.10 per gallon this summer due to decreased refinery capacity and higher refining costs, with the average price projected to be around $3.70 per gallon.
Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About HIs Conduct
Joe Kiani, a billionaire and prominent megadonor to President Joe Biden, is facing being ousted as chairman of Masimo, the medical device company he founded.
Elon Musk Kills Twitter Site as He Confirms Domain Transition to X.com Is Now Complete
Elon Musk has completed the rebranding of Twitter, the social media platform he owns, as its website name or URL officially changes to X.com.