EU plan for risk-based AI rules to set fines as high as 4% of global turnover, per leaked draft
European Union lawmakers who are drawing up rules for applying artificial intelligence are considering fines of up to 4% of global annual turnover (or €20M, if greater) for a set of prohibited use-cases, according to a leaked draft of the AI regulation — reported earlier…
EU plan for risk-based AI rules to set fines as high as 4% of global turnover, per leaked draft
European Union lawmakers who are drawing up rules for applying artificial intelligence are considering fines of up to 4% of global annual turnover (or €20M, if greater) for a set of prohibited use-cases, according to a leaked draft of the AI regulation — reported earlier…
Drinks sales soar in England’s reopened pubs and restaurants
Pent-up thirst results in 56% rise in drinks sales over equivalent Monday before Covid pandemic struck Coronavirus – latest updates See all our coronavirus coverage Pubs and restaurants in England that opened on Monday sold twice as many drinks as they did before the coronavirus…
How the Winklevoss twins went from losing Facebook to making trillions of dollars with Bitcoin and NFT
Cameron and Tyler Winklevoss lost ownership of Facebook in a dispute against Mark Zuckerberg, but are now billionaires thanks to their business in crypto assets. Learn about its inspiring story. Source: Business – Entrepreneur
Kuo: Next Year's iPhone Lineup Won't Include a Mini Model
Fans of smaller smartphones long hoped that Apple would introduce a smaller-sized iPhone with a modern design and features like Face ID. That wish came true with the iPhone 12 mini last year, and rumors suggest there will be an iPhone 13 mini this year…
Stitch Fix founder Katrina Lake and a legacy of female firsts
In the rare woman-to-woman handoff, Elizabeth Spaulding will become the company’s new CEO. Read More Source: Business – Fortune
Pubs and restaurants with outdoor areas enjoy sales surge on reopening
Sales at pubs, bars and restaurants that were able to reopen on Monday were sharply higher than pre-pandemic levels with consumers keen to have their first drink out in months, new figures show. Source: Business – Sky News
Sony Launches Flagship Xperia 1 III and 5 III Smartphones Aimed at Creators
Smartphones are becoming a larger and larger part of many photographers’ kits. They are a Swiss Army knife of utility, and Sony has just announced two new phones that boast impressive specs. [ Read More ] Source: Photography – FStoppers
Amazon’s Alexa earbuds return with a smaller design and wireless charging
It’s been about a year and a half since Amazon released the first Echo Buds. I reviewed them when they arrived, and they were, I don’t know, fine, I guess. They were a bit on the cheap side, facing some stiff competition in the category…
Plex raises $50M growth round to fuel ad-supported streaming, expansions
Streaming media software maker Plex announced today it has raised a $50 million growth equity round from existing investor Intercap ahead of its planned business expansion into rentals, purchases and subscription content. This is the first financing Plex has taken on since 2014 and is…
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