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Tech executives from Adobe, Amazon, Google, Meta, Microsoft, OpenAI and TikTok gathered at the Munich Security Conference to announce a new voluntary framework for how they will respond to AI-generated deepfakes that deliberately trick voters. Thirteen other companies — including IBM and Elon Musk's X — are also signing on to the accord. Instead, the accord outlines methods they will use to try to detect and label deceptive AI content when it is created or distributed on their platforms. That pressure is heightened in the U.S., where Congress has yet to pass laws regulating AI in politics, leaving AI companies to largely govern themselves. Many social media companies already have policies in place to deter deceptive posts about electoral processes — AI-generated or not.
Persons: TikTok, Elon Musk's, , Nick Clegg, ” Clegg, Joe Biden’s, Suharto, Jeff Allen, McAfee, , Linda Yaccarino Organizations: . Tech, Adobe, Google, Meta, Microsoft, Munich Security, IBM, Elon, Facebook, , Federal Communications Commission, Integrity Institute, Arm Holdings, Twitter, Associated Press, AP Locations: U.S, San Francisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFreeport Indonesia discusses who's investing in the country's mining industryTony Wenas, president director at Freeport Indonesia, discusses Chinese investments in Indonesia's mining and metals industry.
Persons: Tony Wenas Organizations: Email, Indonesia, Freeport Indonesia
MELBOURNE, Australia (AP) — Anthony Albanese has become the first Australian prime minister to get engaged while in office, revealing Thursday that his partner accepted his marriage proposal on Valentine's Day. The first-term prime minister said he had planned both the date and place of the proposal and even helped design Haydon’s diamond ring. Albanese wants Australia to become a republic with an Australian head of state. “I’ll be there, throwing roses out in front of you, prime minister. Albanese is only the second prime minister to live with a common law partner at the Lodge.
Persons: — Anthony Albanese, Jodie Haydon, Albanese, ” Albanese, Australia's, “ We’ll, Haydon, “ It’s, ” Haydon, Peter Dutton, King Charles III, Dutton, ” Dutton, , Julia Gillard Locations: MELBOURNE, Australia, Italian, British, Australian, Indonesia
Rights activists say it was inspired by mothers in Argentina, who staged silent protests every Thursday in memory of people who were killed or disappeared during the 1976-1983 military rule there. Other portraits of the young man were hanging on the wall of his drawing room. In the wake of Suharto's resignation, Paian said he and his family visited hospitals and police stations searching for his son. Indonesia's human rights commission completed its report on the incident in 2006, which was submitted to authorities. But no action has been taken on its recommendation to set up a special human rights court to try those suspected in the disappearances in 1997-98.
Persons: Kate Lamb JAKARTA, Indonesia's, Ucok, Prabowo, Prabowo's, Paian, We're, Suharto's, Suharto, Budiman, he's, Raju Gopalakrishnan Organizations: Commission Locations: Jakarta, Argentina, West Java
A loyal acolyte of a popular president with few achievements of his own. Prabowo Subianto has been called all of these over the years he has sought power in Indonesia. Unofficial tallies from Wednesday’s election show him winning a decisive victory, with nearly 60 percent of the vote. During the campaign, Mr. Prabowo repeatedly promised that he would continue on the path and policies charted by Joko Widodo, the popular departing president. But it remains unclear what kind of leader Mr. Prabowo, 72, will be.
Persons: apparatchik, Prabowo Subianto, Prabowo, Joko Widodo, Joko, Probowo, Gibran Rakabuming Raka, Prabowo’s, Mr Locations: Indonesia
Indonesia's Bakrie Group says it wants to get involved in nickel
  + stars: | 2024-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia's Bakrie Group says it wants to get involved in nickel but it's the 'tip of the iceberg'Anindya Bakrie, CEO of the Indonesian conglomerate, says it has been "involved in a lot of critical minerals, such as copper and gold. Now, we want to focus on nickel as well — but nickel is just the tip of the iceberg."
Persons: Bakrie Locations: Indonesian
Photographer: Dimas Ardian/Bloomberg via Getty ImagesIndonesian tech giant GoTo on Tuesday denied it is in merger discussions with Singapore-based ride-hailing rival Grab . "The company would also like to emphasize that currently, the company is not having any discussion on such matters," said GoTo in a Tuesday filing. "The company would like to emphasize that the company has an increasingly strong fundamentals and financial position," said GoTo. The firm added that it has achieved "positive adjusted EBITDA target in Q4 2023, while exceeding the top end of its full year adjusted EBITDA guidance range." Grab closed 1.2% lower on the Nasdaq on Tuesday amid a broader sell-off in U.S. markets.
Persons: Indonesia's GoTo, Dimas Ardian, GoTo Organizations: ByteDance, Indonesia's, Bloomberg, Getty, Nasdaq Locations: Jakarta, Indonesia, Singapore, U.S
TOKYO (AP) — Shares declined Wednesday in Asia after disappointingly high U.S. inflation data sent stocks sliding on Wall Street and raised prospects that interest rates will remain elevated for longer. Hong Kong’s Hang Seng index resumed trading after the Lunar New Year holiday, edging 0.7% higher to 15,861.77 after opening lower. High interest rates hurt all kinds of investments, and they tend to particularly hurt high-growth stocks like technology companies. Stocks of smaller companies fell even more because high rates could hurt them more than bigger rivals by making it more difficult to borrow cash. Yields jumped in the bond market as traders built up expectations for the Fed to keep rates high for longer.
Persons: Australia's, Korea's Kospi, Sensex, Tuesday’s, Russell, Alexandra Wilson, Elizondo, Carl Icahn Organizations: TOKYO, , Nikkei, Federal Reserve, Labor Department, Dow Jones, Nasdaq, Microsoft, Fed, Treasury, Goldman, Goldman Sachs Asset Management, Wall, JetBlue Airways, New York Mercantile Exchange, Brent, U.S Locations: Asia, Indonesia, Southeast, China, Bangkok, Goldman Sachs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets want to see a 'one-round' Indonesia election, says Maybank Sekuritas IndonesiaWilianto Ie, president director of Maybank Sekuritas Indonesia, says markets will react positively to a one-round election, but the focus will then shift to the make-up of the Cabinet.
Persons: Maybank, Ie Organizations: Markets Locations: Indonesia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPressure from U.S.-China tensions is unsustainable for Indonesia: AnalystEvan Laksmana at the Asia office of the International Institute for Strategic Studies discusses the 2024 Indonesia elections. He says Indonesia's foreign policy strategy has been to remain non-aligned, but the increasing U.S.-China tensions have made this unsustainable.
Persons: Evan Laksmana Organizations: International Institute for Strategic Studies Locations: China, Indonesia, Asia
Coal, nickel, palm oil, rainforests. The new government’s approach on the management of its natural resources could have a significant effect on the world’s ability to keep global warming to relatively safe levels. Environmentalists are also watching what the vote might mean for their ability to operate freely in a country with a history of repression. Indonesia is the world’s largest exporter of coal, the dirtiest fossil fuel and something that the world must quickly stop burning in order to avoid the worst consequences of global warming. But Indonesia also has huge reserves of nickel, which is critical to battery-making and the transition to cleaner energy.
Persons: Prabowo Locations: Indonesia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We need to ensure the election is free and fair': Indonesian presidential contender Anies Baswedan"It's too early to conclude anything," Indonesian presidential candidate Anies Baswedan told CNBC's Martin Soong hours after quick counting of the votes showed he was trailing Defense Minister Prabowo Subianto.
Persons: Anies, It's, Anies Baswedan, CNBC's Martin Soong, Prabowo Subianto
By Ananda TeresiaJAKARTA (Reuters) - Indonesia's presumed new president Prabowo Subianto paid tribute to the nation's past leaders during a triumphant victory speech on Wednesday, joking about his close ties to his ex-father-in-law and former authoritarian ruler, Suharto. Addressing a sea of jubilant fans, the 72-year-old waxed lyrical about being carried in the arms of the nation's founder Sukarno, and offered gags about massaging former leader Abdurrahman Wahid and lunching with Suharto, Indonesia's second president. "Regarding the second president, I know him quite well," he said as the crowd at the Senayan sports stadium roared. With the second president, I often had lunch with him." Suharto, Indonesia's late strongman president, oversaw decades of repressive rule and one of the world's most corrupt regimes before being forced to step down during mass protests and an economic crisis in 1998.
Persons: Ananda Teresia, Prabowo Subianto, Suharto, Sukarno, Abdurrahman Wahid, lunching, Indonesia's, Prabowo, Titiek Suharto, Gibran Rakabuming Raka, Gibran, Ida Yayan, Muhammad Luth, Joko Widodo, Kate Lamb, Nick Macfie Organizations: Ananda Locations: Ananda Teresia JAKARTA, illiberalism, Jakarta
Opinion | What the Dutch Lost When They Lost Manhattan
  + stars: | 2024-02-14 | by ( Peter Coy | ) www.nytimes.com   time to read: +1 min
Considering the diverging fortunes of the two islands since that year, this appears at first blush to be the worst deal in history for the Dutch, who formally gained Rhun and lost Manhattan. Likewise, the Dutch didn’t gain Rhun, because they had already seized it to tighten their ruthless monopoly of the nutmeg trade. The 1667 Treaty of Breda, which ended the Second Anglo-Dutch War (out of four), merely acknowledged the facts on the ground. On paper, the deal was even worse for the Dutch than if it had been only an island-for-island exchange. (A separate treaty allowed Dutch ships to carry some cargoes to England without tariffs.)
Persons: Let’s, , New Netherland Organizations: Times, Manhattan, British Locations: Rhun, Indonesia, Manhattan, New Amsterdam, Breda, New, Albany, Connecticut, Delaware, Caribbean, Suriname, South America, today’s Ghana, Dutch, England
Presidential candidate and former Jakarta governor Anies Baswedan, vice presidential candidate Muhaimin Iskandar, presidential candidate and Indonesia's Defence Minister Prabowo Subianto, vice presidential candidate Gibran Rakabuming Raka, presidential candidate and former Central Java governor Ganjar Pranowo and vice presidential candidate Mahfud MD (from left to right) react on the stage during the last presidential election debate at the Jakarta Convention Center in Jakarta on February 4, 2024. More than 200 million voters in Indonesia are heading to more than 800,000 polling stations in the world's third-largest democracy on Wednesday to elect President Joko Widodo's successor, a new national House of Representatives and various local legislators. Widodo, also popularly known as Jokowi, beat Probowo in the last two presidential elections. Some of the latest opinion polls showed Probowo netting more than 50% of the vote against two other opponents. Voters have six hours to cast their five ballots for their preferred presidential and vice presidential pairing, as well as legislators at the national, provincial and regency level, along with a regional senator for the national parliament.
Persons: Anies Baswedan, Muhaimin Iskandar, Prabowo Subianto, Gibran Rakabuming Raka, Ganjar Pranowo, Mahfud, Joko Widodo's, Probowo Subianto, general's, Widodo, Probowo, It's, Richard Borsuk Organizations: Indonesia's Defence, Central Java, Jakarta Convention, of, Defense, Nanyang Technological, Rajaratnam, of International Studies, CNBC, Gerindra Party Locations: Jakarta, Indonesia, Nusantara
Advisory firm discusses possible outcomes of Indonesia election
  + stars: | 2024-02-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia polls: There will be much continuity between some government personnel, says advisory firmDouglas Ramage, founding managing director of BowerGroupAsia Indonesia, says if the elections don't go to a second round, "and we've got Prabowo clearing 50% plus one today, there will surely … be disputes brought to the Constitutional Court which adjudicates all election disputes" and protests are possible, though unlikely to be "fundamentally destabilizing."
Persons: Douglas Ramage, we've Organizations: Indonesia, BowerGroupAsia Locations: BowerGroupAsia Indonesia
One major question is how well, and for how long, his alliance with outgoing President Joko Widodo, or "Jokowi", will hold. On the campaign trail Prabowo has promised policy "continuity", but analysts say that is far from guaranteed. "Make no mistake a President Prabowo would be his own president." 'UNCERTAINTY' ON THE CARDSIn contrast to Jokowi, Prabowo is from an elite family, the son of a prominent Indonesian economist and the ex-son-law of the country's former authoritarian ruler, Suharto. Once his victory is officially endorsed, Prabowo will assume the controls of Southeast Asia's biggest economy on October 20.
Persons: Kate Lamb JAKARTA, Prabowo Subianto, Prabowo, Long, general's, Joko Widodo, Liam Gammon, Jokowi, Doug Ramage, Gibran Rakabuming Raka, Indonesia's, Kevin O'Rourke, Suharto, , He's, ANU's Gammon, Gammon, Kay Johnson, Raju Gopalakrishnan Organizations: Defence, Australian National University, ANU, Jokowi, Analysts, Human Rights Watch Locations: Indonesia, Prabowo, BowerGroupAsia, Indonesian, Ukraine, Qatar
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia election: Still possible for Prabowo to fall short of 50% threshold, economist saysEuben Paracuelles, chief ASEAN economist at Nomura, says looking back at the 2019 polls, "there is a tendency for front-runners to have a bit of an overestimate from surveys, relative to actual results."
Persons: Euben Paracuelles Organizations: Indonesia, Nomura Locations: ASEAN
CNN —A former army general is on course to win Indonesia’s election, securing the majority of votes needed for an outright victory, early unofficial results showed. Popular former governor Anies Beswadan was running second with fewer than 22% of the votes, with rival Ganjar Pranowo in third, according to the unofficial early count. CNN cannot independently verify the early polls, though counts by reputable thinktanks have proved accurate during previous elections. Indonesia is the world’s fourth most populous country and home to the world’s largest Muslim population. More than 200 million people across 38 provinces were expected to cast their votes on Wednesday, in what was billed as the world’s biggest single-day election.
Persons: CNN —, Prabowo Subianto, Anies Beswadan, Ganjar Pranowo, Joko Widodo, Jokowi’s, Gibran Rakabuming Raka Organizations: CNN Locations: Indonesia, United States
CNBC Daily Open: Lingering inflation problem
  + stars: | 2024-02-14 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets declineAsia markets largely fell on Wednesday tracking Wall Street's sell-off overnight after U.S. inflation data came in hotter-than-expected in January. Sony tops estimatesSony 's quarterly revenue topped estimates, getting a boost from its PlayStation gaming business and financial services unit. [PRO] Japan's bull caseJapan is fast emerging on investors' radar, and this has been reflected in the stock market's recent bull run.
Persons: Russell, Joko Widodo, Prabowo Subianto, Cryptocurrencies, Bitcoin, Jurrien, Morgan Stanley Organizations: CNBC, Dow, Nasdaq, Sony, PlayStation, Defense, Metrics, Fidelity Investments Locations: Asia, U.S, Indonesia, Japan
Indonesia's presidential candidate Prabowo Subianto gestures after he cast his ballot to vote in the country's presidential and legislative elections at a polling station in Bogor on February 14, 2024. Indonesians began voting for a new president on February 14 with Defence Minister Prabowo Subianto the frontrunner to lead Southeast Asia's biggest economy despite concerns over his human rights record. Indonesia's Defense Minister Prabowo Subianto, a former army general, appears to have an early unofficial lead in the race to become country's next president, "quick counts" show after voting in the world's third-largest democracy closed on Wednesday. Prabowo appears to have won a simple majority of ballots cast in Wednesday's elections, with some early independent snap counts putting his percentage of the popular vote at nearly 60% — substantively more than what pre-election opinion polls yielded. "It's too early to conclude anything … so we have to wait," Baswedan told CNBC after the early snap counts suggested he was trailing Prabowo.
Persons: Prabowo Subianto, country's, Prabowo, Anies Baswedan, Pranowo, Suharto, Joko Widodo, It's, Baswedan, CNBC's Martin Soong Organizations: Defence, Indonesia's, Former Jakarta, Central Java, Indikator, CNBC Locations: Bogor, Central, Indonesia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe should be deepening the regional value chain, says former Indonesian trade ministerMari Pangestu, independent non-executive director of AIA Group and former Indonesian minister of trade, discusses Indonesia's trade outlook and the importance of diversifying investment sources and markets.
Persons: Mari Pangestu Organizations: AIA Group Locations: Indonesian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia's new government should aim to increase its tax revenue: Chatib BasriChatib Basri of Bank Mandiri says the solution to expanding the Indonesian government budget lies not with increasing the tax rate but with administrative reform in the tax office.
Persons: Mandiri
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestment strategist discusses potential market reactions to Indonesia election resultsIrwanti of Schroders Investment Management Indonesia shares how she expects the market to react to the various possible outcomes from Indonesia's general elections.
Organizations: Email Investment, Schroders Investment Management Indonesia Locations: Indonesia
Head of Indonesia Stock Exchange on election impact on market
  + stars: | 2024-02-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPresident Director of Indonesia Stock Exchange discusses the election impact's on marketIman Rachman, President Director of Indonesia Stock Exchange says they are encouraging more domestic investors to participate in the Indonesia equity market.
Persons: Iman Rachman Organizations: Indonesia Stock Exchange Locations: Indonesia
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