Italy: AI-using Trento city fined over data protection rules violations

Italy: AI-using Trento city fined over data protection rules violations

Italy’s Data Protection Authority, the GPDP, has imposed a 50,000 euro ($54,000) fine on the city of Trento for breaking data protection rules with its use of artificial intelligence (AI) tools. Reuters reported that the authorities fined the city for using AI in street surveillance projects. Trento, the first city in Italy fined for AI misuse, …

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FCC outlaws AI-generated voices in robocalls that can deceive voters

FCC outlaws AI-generated voices in robocalls that can deceive voters

NEW YORK — The Federal Communications Commission on Thursday outlawed robocalls that contain voices generated by artificial intelligence, a decision that sends a clear message that exploiting the technology to scam people and mislead voters won’t be tolerated. The unanimous ruling targets robocalls made with AI voice-cloning tools under the Telephone Consumer Protection Act, a 1991 law restricting …

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Klarna is selling a buy-now-pay-subscription. Is it worth it?

Klarna is selling a buy-now-pay-subscription. Is it worth it?

Klarna, a major buy-now, pay-later provider, is offering a new monthly subscription for its customers for $7.99. The biggest attraction? It eliminates service fees. “The main proposition of Klarna Plus right now is that you don’t pay any service fees,” Klarna Chief Marketing Officer David Sandstrom said in a statement. “So if you love Klarna …

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Global AI governance should be anchored by five key principles

Global AI governance should be anchored by five key principles

Although artificial intelligence (AI) has been quietly helping us for decades, with progress accelerating, 2023 will be remembered as a ‘big bang’ year. With the advent of generative AI, the technology has broken through in popular consciousness and is shaping public discourse, influencing investment and economic activity, sparking geopolitical competition, and changing human activities from …

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Opinion: 10 predictions for stocks, crypto, AI, gold and bonds in 2024

Opinion: 10 predictions for stocks, crypto, AI, gold and bonds in 2024

Here are some markets, economy and stock predictions for 2024, including what would be a most unexpected outcome for the U.S. economy. First, a reminder: “The markets and the economy are not the same.” 1. AI continues to capture the world’s imagination: The biggest corporations start using artificial intelligence for real-world business purposes, including supply-chain management, distribution improvements …

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Ofcom investigating TikTok’s parental controls

Ofcom investigating TikTok’s parental controls

Ofcom said it had “reasonable grounds for believing” that TikTok, owned by the Chinese company ByteDance, may have breached its legal responsibilities. The regulator believes TikTok may have misled it regarding its Family Pairing system, potentially violating the 2003 Communications Act. TikTok’s Family Pairing feature enables parents to link their accounts to their children’s accounts, …

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MoD fined over data breach that ‘could have cost lives’

MoD fined over data breach that ‘could have cost lives’

Information commissioner John Edwards, who leads the ICO, said the “deeply regrettable” breach “let down those to whom our country owes so much.” The “challenging” situation on the ground in 2021, when Western forces pulled out of Afghanistan, was “no excuse for not protecting people’s information who were vulnerable to reprisal and at risk of …

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Government Bans Use of ‘Dark Patterns’ on E-Commerce Platforms; Guidelines Issued

Government Bans Use of ‘Dark Patterns’ on E-Commerce Platforms; Guidelines Issued

In order to protect consumers’ interest, the government has banned use of “dark patterns” on e-commerce platforms which intend to deceive customers or manipulate their choices. A gazette notification in this regard as “Guidelines for prevention and regulation of dark patterns” was issued on November 30 by the Central Consumer Protection Authority (CCPA) which is …

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