Applied Materials Sees Quarterly Revenue Above Estimates on AI Boom

[ad_1] (Reuters) -Semiconductor equipment supplier Applied Materials forecast second-quarter revenue above Wall Street estimates on Thursday, on strong demand for AI chips and a recovery in the personal computer market, sending its shares up 8% in extended trading. AI-embedded personal computers are the latest rage, pulling the PC market out of a post-pandemic slump and…

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Japan’s Ruling Party Pushes for AI Legislation Within 2024, Nikkei Reports

[ad_1] TOKYO (Reuters) – Japan’s ruling party will propose that the government introduces a new law regulating generative artificial intelligence technologies within 2024, the Nikkei business daily reported on Thursday. To address issues surrounding AI such as disinformation and rights infringement, the Liberal Democratic Party’s AI project team will draft preliminary rules, including penal regulations,…

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EU Regulators Mull Easing Merger Rules for Telcos and Big Tech to Help Pay Network Costs

[ad_1] BRUSSELS (Reuters) – EU regulators may ease their rules against mobile telecoms mergers and also broaden telecoms rules to get Big Tech and others to help fund the rollout of 5G, according to a European Commission document seen by Reuters. “The fragmentation of the EU market for electronic communications networks and services along national…

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Poland’s Prime Minister Says Authorities Widely Used Spyware Under the Previous Government

[ad_1] WARSAW, Poland (AP) — Polish Prime Minister Donald Tusk said Tuesday that he has documentation proving that state authorities under the previous government used the powerful Pegasus spyware illegally and targeted a “very long” list of hacking victims. Tusk made the comment during a news briefing alongside President Andrzej Duda, a political opponent. The…

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Nothing Has Changed About TikTok Use From National Security Perspective

[ad_1] WASHINGTON (Reuters) – Nothing has changed about TikTok use from a national security perspective, White House spokesperson John Kirby said on Monday after U.S. President Joe Biden’s reelection campaign launched an account on the short-form video platform to reach young voters. The campaign’s TikTok debut is notable given that U.S. officials are reviewing the…

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