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New Zealand PM proposes banning under-16s from social media
New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from the perils of big tech platforms.Regulators the world over are wrestling with how to keep children safe online, as social media is increasingly flooded with violent and disturbing content.Prime Minister Christopher Luxon unveiled draft …
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US film studio shares slip on Trump tariff threat
Shares in US film studios slid on Monday following a threat by US President Donald Trump to impose 100 percent tariffs on foreign-made productions.Meanwhile oil prices tumbled after OPEC+ countries announced an output hike despite oversupply concerns and growing fears that Trump’s trade war could weaken demand.Globally, stock markets were mixed in holiday-thinned trading ahead …
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OpenAI abandons plan to become for-profit company
OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.The structural issue had become a significant point of contention for the artificial intelligence (AI) pioneer, with major investors pushing for the change to better secure their …
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