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Tech giants unite to combat AI child sexual abuse material

NEW YORK (ANN/THE YOMIURI SHIMBUN) – Ten leading tech companies have joined forces to tackle the growing threat of artificial intelligence being used to create and distribute child sexual abuse material.ย  Announced on Tuesday, this collaborative effort aims to prevent AI technologies from generating harmful content by removing such materials from their training datasets.ย  The […]
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Bill Gross Says Stick to Value Stocks, Avoid Tech as US Yields Soar

(Bloomberg) -- Bill Gross offered some advice to investors as Treasuries and equities slumped Thursday after some worrisome US economic data: “Stick to value stocks, avoid tech for now.”Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spo...
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Tech Stocks Drag Down US Futures Before GDP Data: Markets Wrap

(Bloomberg) — Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.โ€™s disappointing outlook underscored the risk of volatility in a high-stakes earnings week. Nasdaq 100 contracts fell 0.9%, with Meta accounting for more than half of that decline. The Facebook parent tumbled as much as 15% in premarket trading after it…
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Stocks Hit as GDP Brings 'Worst of Both Worlds': Markets Wrap

(Bloomberg) — Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the worldโ€™s largest economy and persistent inflation pressures. Equities got hit across the board, with the S&P 500 extending its April slide โ€” as the economic figures fueled โ€œstagflationโ€ jitters, bringing even…
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