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AI has bright future in Latin America, despite training deficit: regional Google chief
AI has a bright future in Latin America but is hamstrung by a huge training shortage, one of Google's top regional executives told AFP in an interview Thursday.
Trump announces steep new tariffs, reviving trade war
US President Donald Trump announced Thursday punishing tariffs on pharmaceuticals, big-rig trucks, home renovation fixtures and furniture, reviving his global trade war. Shares in home furniture retailers Wayfair and Williams Sonoma, which depend on these imported goods, tumbled in after-hours trading following the announcement.
Canada signs historic free trade agreement with Indonesia
Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 percent of Ottawa's exports to its largest market in Southeast Asia. "This is the right deal at the right time with the right partner," Canada's Prime Minister Mark Carney said, adding Indonesia is "Canada's largest export market in Southeast Asia."
Trump allies to control TikTok under new US deal
Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would see Chinese ownership reduced to 20 percent and put control in the hands of the president's allies. When asked if the Chinese authorities had signed off on the deal, Trump said that President Xi Jinping gave his green light in a phone call last week.
Judge endorses Anthropic's $1.5 bn copyright settlement
A US judge on Thursday endorsed Anthropic's deal to pay $1.5 billion to settle a class action lawsuit over amassing a library of pirated books to train its artificial intelligence.
Amazon to pay $2.5 bn to settle Prime enrollment case
Amazon agreed Thursday to pay $2.5 billion to settle allegations from a US regulator that it used deceptive practices to enroll consumers in Amazon Prime and made it difficult to cancel subscriptions. - 'Drop in the bucket' - Under the settlement, made on what would have been the third day of testimony in front of a jury, Amazon must reform its Prime enrollment and cancellation processes.
Volkswagen to take Dieselgate case to federal court
German auto giant Volkswagen said Thursday it intended to appeal to the country's Federal Constitutional Court after losing a legal case linked to the "Dieselgate" scandal. Volkswagen said in a statement sent to AFP that the decision was "not final" and that it would "take legal action at the Federal Constitutional Court".
US sanctions on Serbian oil firm will start October 1: Vucic
US sanctions on Serbia's largest oil producer, which is majority Russian-owned, will finally come into force on October 1, Serbian President Aleksandar Vucic said Thursday. So, from October 1, we will have sanctions imposed on the Serbian oil industry," Vucic said in a statement.
US starts tariff probes into medical gear, industrial machinery
The United States has opened investigations into imports of medical equipment such as surgical masks, and industrial machinery, in moves that could lead to new tariffs. The medical equipment probe considers the effects on national security of imports of personal protective equipment (PPE), medical consumables and medical equipment including devices.
AFP
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