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☆ World’s first major AI law enters into force — here's what it means for U.S. tech giants
▼ + stars: | 2024-08-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +8 min

"It is likely to impact many businesses, especially those developing AI systems but also those deploying or merely using them in certain circumstances." For AI applications deemed to be "high-risk," for example, strict obligations will be introduced under the AI Act. watch nowExamples of high-risk AI systems include autonomous vehicles, medical devices, loan decisioning systems, educational scoring, and remote biometric identification systems. Generative AI is labelled in the EU AI Act as an example of "general-purpose" artificial intelligence. General-purpose AI models include, but aren't limited to, OpenAI's GPT, Google's Gemini, and Anthropic's Claude.

Persons: Dado Ruvic, Tanguy Van Overstraeten, Charlie Thompson, Appian, Thompson, Meta, OpenAI's, Google's, Anthropic's Claude, Jamil Jiva, Linedata, GDPR, Jiva Organizations: Reuters, European Commission, EU, CNBC, Microsoft, Google, Apple, Web Services, Big Tech, EMEA, Data, Facebook, Companies, AI Office, Commission Locations: Brussels, EU, Europe

☆ Their trip to Bali was going to be a month long. But they fell in love with the island and built a house near the sea, giving up city life for good.
▼ + stars: | 2024-06-17 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

Amanda Goh/Business InsiderInitially, they planned to use Bali as a base to travel around Asia. Amanda Goh/Business Insider"It was very busy, very loud, and a lot of traffic," Lucie said. Amanda Goh/Business InsiderBuilding the home took about four months, and they estimate they spent about $70,000 on the build. Amanda Goh/Business InsiderFor instance, the couple's house is supported by six steel pillars and made from local brick. Amanda Goh/Business Insider"How much material was extracted from the ground, transported, and transformed?

Persons: —, Lucie Yu, Lucie, Tanguy, Amanda Goh, Tony Gwilliam, Gwilliam, R, Buckminster Organizations: Service, Business Locations: Bali, Lombok, Paris, Asia, Kerobokan, Canggu, Kediri

☆ Presidential portraits: Kehinde Wiley’s secret, decade-long project painting African leaders
▼ + stars: | 2023-11-08 | by ( Thomas Page | ) edition.cnn.com time to read: +6 min

Perhaps not, supposes Kehinde Wiley in his latest collection, “A Maze of Power,” which, in the artist’s own indelible style, casts plenty of light of its own. We’re now learning that before and after that commission, he had been on a secret, decade-long odyssey across the African continent, painting its current and former heads of state. This series narrows the gap further, with subjects commanding a similar power to some of Wiley’s artistic reference points. Tanguy Beurdeley/© Courtesy Kehinde Wiley and Galerie TemplonHery Rajaonarimampianina, the former president of Madagascar, sits astride a horse in one painting. Some might wrinkle their nose at seeing certain heads or former heads of state depicted in such triumphant fashion.

Persons: Kehinde Wiley, Wiley, Barack Obama, We’re, Jacques Chirac, Obama, Sarah Ligner, Black, Old, Olusegun Obasanjo, Paul Kagame, Tanguy, Hery Rajaonarimampianina, Alpha Condé, –, ”, Rajaonarimampianina –, “, “ it’s, Andy Warhol’s, Mao Organizations: CNN, Old Masters, Democratic, Wiley Locations: Africa, Zimbabwe, Rhodesia, Los Angeles, Senegal, Nigeria, New York, Paris, France, Rwanda, Madagascar, Ethiopia, Addis Ababa, Guinea, Ghana, Ivory Coast, Togo, Democratic Republic of Congo

☆ Runaway league leaders Napoli crush Torino 4-0 away
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +1 min

March 19 (Reuters) - Serie A leaders Napoli thrashed Torino 4-0 away with a double from Victor Oshimen and goals from Khvicha Kvaratskhelia and Tanguy Ndombele on Sunday to move closer to the title. The Naples side have a 21-point lead over second-placed Inter Milan, who host Juventus later on Sunday. Kvaratskhelia doubled the lead in the 35th minute with a penalty after being fouled by Karol Linetty. Oshimen scored his second and reached a league-leading 21 goals this season six minutes into the second half with another header following Mathias Olivera's cross. Napoli next host fourth-placed AC Milan while mid-table Torino visit Sassuolo after the international break.

☆ European banks, asset managers study halving stocks settlement time
▼ + stars: | 2023-03-02 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, Mar 2 (Reuters) - Banks and asset managers have set up a new task-force to study whether Europe should keep up with Wall Street by halving the time it takes to settle share trades. Halving settlement in Europe would mean banks and asset managers having to reconfigure their IT systems at a cost. Last September, AFME poured cold water on an idea that would require agreement between the European Union, Britain and Switzerland to avoid fragmenting share trading. The task-force will look at whether Europe should adopt T+1 -- and if so, when -- in a bid to shape regulatory thinking. Given heavy transatlantic share trading, firms in Europe will have to make some changes to reflect the U.S. move in any case.

☆ Insurance startup Evy promises better product protection and just brought in $6.4 million from Sequoia. Check out its 10-slide seed pitch deck.
▼ + stars: | 2022-10-26 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Paris-based insurance tech startup Evy has raised $6.4 million in seed funding from Sequoia. Founded in 2022, Evy wants to grow the product protection market in Europe. Check out the company's 10-slide pitch deck below:Evy, a Paris-based insurance tech startup, has raised $6.4 million in seed funding from US investor Sequoia. The startup specializes in product protection insurance but doesn't work directly with consumers. Unlike more consumer-facing insurance tech companies, which have struggled in 2022, Evy said its B2B2C model was preferable, since there are no customer acquisition costs and marketing spend is lower.

Voucher and card providers like Edenred stand to benefit from higher inflation as it can result in an increase in the maximum face value of employee benefit cards. The company last raised its EBITDA forecast in July to 770-820 million euros. "The current macroeconomic environment continues to favour Edenred", Berenberg's analyst Stuart Gordon says, adding he expects the shares to trade favourably on the back of the strong results and raised guidance. The group reported an operating revenue of 484 million euros in the third quarter, beating analysts' 465 million euro estimate in a company-provided consensus. Register now for FREE unlimited access to Reuters.com RegisterReporting by Federica Mileo and Diana Mandiá in Gdansk; editing by Milla Nissi & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

☆ Manchester City, parcurs formidabil. "Citadinii" au învins pe teren propriu pe Crystal Palace
▼ + stars: | 2021-01-18 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

"Citadinii" au spulberat pe teren propriu cu 4-0 pe Crystal Palace în etapa a 19-a și au înregistrat a cincea victorie consecutivă în Premier League. John Stones a dat startul spectacolului în minutul 26, când a deschis scorul pe Etihad. Ilkay Gundogan a mărit avantajul cu un șut superb la vinclul porții celor de la Crystal Palace în minutul 56, iar John Stones a relizat dubla peste 12 minute. În urma acestui succes, City a urcat pe locul secund în clasamentul campionatului englez și este la egalitate de puncte cu Leicester City. Cele două echipe sunt la o distanță de două puncte de liderul Manchester United.

Persons: John Stones, Raheem Sterling, Ole Gunnar Solskjær, Tottenham, Serge Aurier, Harry Kane, David McGoldrick Organizations: Manchester City, Crystal Palace, Premier League, City, Leicester City, Manchester United, FC Liverpool ., Sheffield United Locations: Angliei, Anfield, Sheffield

☆ FC Liverpool a remizat cu West Bromwich Albion, scor 1-1
▼ + stars: | 2020-12-28 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Campioana Angliei, FC Liverpool a scăpat printre degete victoria în partida cu penultima clasată, West Bromwich Albion. Meciul jucat aseară pe Anfield s-a terminat cu scorul de 1-1. Echipa antrenată de Jose Mourinho a condus din minutul 1 după golul marcat de Tanguy Ndombele, care a punctat cu un șut din afara careului.Echipa pregătită de Nuno Espirito Santo a ratat câteva ocazii bune de a înscrie, iar până la urmă au reușit să o facă. Marocanul Romain Saiss a egalat în minutul 86 după o centrare a lui Pedro Neto.FC Liverpool rămâne liderul clasamentului din campionatul Angliei, iar Tottenham este pe locul cinci, însă poate ajunge până 8. Totul depinde de rezultatele ce se vor înregistra în alte meciuri din această etapă ce se vor disputa diseară.

Persons: Anfield, Tottenham Hotspur, Jose Mourinho, Nuno, Marocanul Romain Saiss, Pedro Neto.FC Liverpool, Tottenham Organizations: FC Liverpool, West, West Bromwich Albion, Wolverhampton . Echipa Locations: Angliei, West Bromwich

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