Editor in Chief of TechEchelon and an accomplished journalist and correspondent known for her work focusing on business, finance, and politics. Previously, Sara worked as a correspondent and producer in Washington, D.C., contributing to fast-paced political and news programming, with experience in editing, scriptwriting, and live broadcast production.
This legislation, known as the Digital Consumer Protection Commission Act, was presented on Thursday, proposing the establishment of a new agency responsible for supervising tech powerhouses like Meta, Google, Amazon, and others.
1105 DAYS AGO
This move elevates the overnight federal funds rate to a band of 5.25%-5.5%, as part of the Fed's ongoing initiative to combat skyrocketing prices, despite recent signs of receding inflation.
1106 DAYS AGO
In its current iteration as Grapevine Technologies, the company is already valued at $10 million.
1112 DAYS AGO
An IBM report indicates that each data breach could cost governmental agencies an average of $2.07 million. In 2018 alone, the U.S. government spent a staggering $13.7 billion due to cyberattacks, as per Security Intelligence.
1114 DAYS AGO
As part of the agreement, AP's text archive will be incorporated into OpenAI's licensing and the AI company will provide technology and product support to AP. The specifics of this technological collaboration are still under wraps.
1118 DAYS AGO
The competitive landscape of artificial intelligence is welcoming a new participant. While tech giants like Microsoft-supported OpenAI...
1121 DAYS AGO
Meta, Facebook and Instagram's parent company, has unveiled a new text-oriented platform named Threads on Thursday, setting it up in...
1125 DAYS AGO
Starting from August 1, the country's Ministry of Commerce declared that exports of germanium and gallium would only be permitted if the necessary licenses are obtained from the ministry. It justified this decision as crucial to "safeguard national security and interests."
1129 DAYS AGO
Domestic electricity demand, expected to have risen by up to 18% in 2022, is forecasted to further increase by up to 38% by 2035, as per the Rapid Energy Policy Evaluation and Analysis Toolkit (REPEAT) study at Princeton University. This is a considerable shift from the 5% increase seen in the previous decade.
1130 DAYS AGO
The Federal Reserve pays close attention to the personal consumption expenditures price index, which rose by 0.3% for May, excluding food and energy. This rise was on par with the estimate provided by Dow Jones. The so-called core PCE recorded a 4.6% increase from the previous year, which was 0.
1132 DAYS AGO
In a press statement, Meta introduced twenty-four system cards centered on various features for both Facebook and Instagram. This tool shares insights on the way its AI systems rank and select content of the most relevance for its users.
1133 DAYS AGO
In a paper entitled "An Overview of Catastrophic AI Risks", researchers from CAIS noted that we currently live in a world that would be unrecognizable to people from a few centuries or even decades ago.
1133 DAYS AGO
However, the unique capabilities of these chips have also sparked concerns among U.S. critics who fear that they could be exploited if they end up in undesirable hands. This could potentially expedite the propagation of non-democratic ideologies or facilitate the creation of autonomous weapons.
1133 DAYS AGO
Powell, while participating in a monetary policy discussion in Sintra, Portugal, suggested, “We foresee further constraints ahead”. He attributed this to a robust labor market.
1134 DAYS AGO
The joint report, issued by the House Judiciary Committee and Subcommittee on Weaponization of the Federal Government, blames CISA for indirectly and directly censoring American citizens through third-party intermediaries.
1135 DAYS AGO
While a potential U.S. CBDC remains a subject of governmental discussion, there is a widespread convergence of mainstream Republicans, Silicon Valley libertarians, and anti-establishment leftists opposing this idea, fueled by worries over privacy and increased government control.
1142 DAYS AGO
Despite earning billions in additional net income and allocating over a trillion dollars to affluent investors, large food industry corporations within the S&P have continued to increase consumer prices, revealed Liz Zelnick, the director of economic security and corporate power at Accountable.US.
1142 DAYS AGO
The proposed bill, named the "Protecting Americans’ Data From Foreign Surveillance Act of 2023", was initially introduced in 2022 and has now been updated with various new provisions.
1143 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.