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☆ EU Warns Musk's X Platform Over Content Circulating About Conflict
▼ + stars: | 2023-10-10 | by ( ) www.wsj.com time to read: 1 min

European Union official Thierry Breton warned X, Elon Musk’s social-media platform, that it could be violating content-moderation rules under the EU’s Digital Services Act by allowing certain content to be circulated about the conflict between Israel and Hamas. “We have indications that your platform is being used to disseminate illegal content and disinformation in the EU,” Breton wrote in a letter to Musk, who acquired the platform known as Twitter late last year and renamed it X.

Persons: Thierry Breton, X, Elon, “, ” Breton, Musk Organizations: EU’s Digital, Twitter Locations: Israel

☆ Europe warns Elon Musk about misinformation and violence on X , formerly Twitter, related to Hamas-Israel conflict
▼ + stars: | 2023-10-10 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +3 min

X CEO Elon Musk leaves a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. A European regulator has issued Elon Musk a stern warning about the spread of illegal content and disinformation on X, formerly known as Twitter, amid the Israel-Hamas conflict. Failure to comply with the European regulations around illegal content could result in fines worth 6% of a company's annual revenue. The commissioner said that recent "changes in public interest policies" caused confusion in "many European users." Watch: Elon Musk has "cut off the good guys, empowered the bad guys."

Persons: Elon Musk, Elon, Thierry Breton, Musk, Breton, X Organizations: Senate, Intelligence, U.S, Capitol, Washington , D.C, Digital Services, European Commission, European Union, EU Locations: U.S, Washington ,, Israel

As a platform subject to Europe’s Digital Services Act (DSA), X could face billions in fines if regulators conclude that violations have occurred. Much of the problematic content appears to stem from platform changes made under Musk’s supervision, Breton suggested in the letter, which he shared on X. “We have, from qualified sources, reports about potentially illegal content circulating on your service despite flags from relevant authorities,” Breton wrote. The EU letter comes as misinformation about the conflict continues to spread widely across X. On Tuesday, the investigative journalism group Bellingcat said a fake video designed to look like a BBC News report was circulating on social media.

Persons: Elon Musk, Thierry Breton, X didn’t, Breton, X, ” Breton, Porte, Gonzalo Fuentes, ”, Bellingcat, Elliot Higgins, Shayan, “, Musk Organizations: CNN, Europe’s Digital Services, White, DSA, SpaceX, Tesla, Viva Technology, Porte de, Reuters, BBC, BBC News, Pentagon Locations: Israel, Paris, France, EU, Ukraine

BRUSSELS (AP) — The European Union announced plans on Tuesday to better protect its cutting-edge technologies from foreign snooping that might threaten its economy and security in the wake of repeated warnings that the bloc needs to “de-risk” its relations with China. “Technology is currently at the heart of geopolitical competition and the EU wants to be a player, and not a playground,” European Commission Vice President Vera Jourova said. To better protect its relatively open market, the European Commission wants the member states to immediately carry out risk assessments of its most sensitive industries, including advanced semiconductor, artificial intelligence, quantum and biotechnologies. Those are considered “highly likely to present the most sensitive and immediate risks related to technology security and technology leakage” and are up for the highest level of protection. Hence, the EU has sought to center on de-risking relations, and better protecting its vital economic sectors from undue interference.

Persons: Vera Jourova, ” Jourova, Thierry Breton, it’s, ” Organizations: European Union, Technology, EU, European Commission Locations: BRUSSELS, China, Beijing

BRUSSELS, Oct 2 (Reuters) - The European Commission will assess the risks of four critical technologies, including semiconductors and artificial intelligence, being weaponised by countries not aligned with its values and will take measures next year to tackle the issue, an EU official said on Monday. The other two critical technologies on the EU list are quantum technologies and biotechnologies such as vaccines and genome sequencing. "The Commission will do risk assessments of these four technologies with member states. The next step is to mitigate the risks next year," the official told Reuters on condition of anonymity. Commission Vice President Vera Jourova and EU industry chief Thierry Breton will hold a press conference on the issue at 1330 GMT on Tuesday.

Persons: Vera Jourova, Thierry Breton, Foo Yun Chee, Richard Chang Organizations: European, EU, Reuters, Thomson Locations: BRUSSELS, United States, Australia, China, Ukraine

☆ European countries who put curbs on Huawei 5G equipment
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

The European Union's industry chief Thierry Breton in June urged more EU countries to join the efforts to curb or block Huawei and ZTE equipment from the bloc's 5G telecoms networks. FRANCEFrench authorities in 2020 told telecoms operators planning to buy Huawei 5G equipment that they would not be able to renew licences for the gear once they expire, effectively phasing Huawei out of mobile networks. ITALYWhile Italy has not outright banned Huawei equipment, it prevented telecoms group Fastweb in 2020 from signing a deal for Huawei to supply equipment for its 5G network. LATVIALatvia and the U.S. signed an agreement in 2020 on 5G security aimed at limiting the operations of Chinese companies. SWEDENSweden in 2020 banned telecoms equipment from Huawei and ZTE in its 5G network.

Persons: China's, Thierry Breton, Tristan Veyet, Antonis Pothitos, Laura Lenkiewicz, Milla Nissi, Jan Harvey Organizations: China's Huawei, Huawei, DENMARK Danish, FRANCE French, ZTE, U.S, LITHUANIA Lithuania's, Thomson Locations: Germany, European, BRITAIN Britain, ESTONIA, DENMARK, FRANCE, GERMANY, ITALY, Italy, LATVIA Latvia, LITHUANIA, PORTUGAL, ROMANIA, U.S, China, SWEDEN Sweden

An Apple logo is pictured outside an Apple store in Lille, France, September 13, 2023. REUTERS/Stephanie Lecocq/File Photo Acquire Licensing RightsCompanies Apple Inc FollowBRUSSELS, Sept 26 (Reuters) - EU industry chief Thierry Breton on Tuesday called on Apple (AAPL.O) CEO Tim Cook to open up the iPhone maker's fiercely guarded ecosystem of hardware and software to rivals. "The next job for Apple and other Big Tech, under the DMA (Digital Markets Act) is to open up its gates to competitors," Breton told Reuters. "Be it the electronic wallet, browsers or app stores, consumers using an Apple iPhone should be able to benefit from competitive services by a range of providers," he said. Breton also took aim at Apple's arguments that security and privacy issues are the reasons why it has a closed ecosystem.

Persons: Stephanie Lecocq, Thierry Breton, Tim Cook, Cook, Breton, Foo Yun, Mark Potter Organizations: Apple, REUTERS, Apple Inc, Big Tech, Reuters, Thomson Locations: Lille, France, Brussels, EU

☆ EU's crackdown on Apple, Meta and others is to avoid forced breakups, top official says
▼ + stars: | 2023-09-07 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

BRUSSELS — U.S. tech giants are facing stricter rules in Europe with more regulation announced this week, but one senior European Union official told CNBC the aim is to avoid forced breakups of large businesses. They are Amazon , Alphabet , Apple , Microsoft , Meta and ByteDance, who now have six months to comply with stricter market rules — such as not being able to prevent users from un-installing any pre-installed software or apps, or treating their own services more favorably. The fine could be increased to 20% if the company in question continues to not comply with the rules. "And if they continue, yes, we have tools, including to break up these companies, but I will never want to use it. And I can tell you the discussion that we have with all these companies are professional and I believe are going in the right decision," Breton said.

Persons: Thierry Breton, Breton Organizations: European Union, CNBC, European Commission, Microsoft, Meta, Internal Locations: BRUSSELS, Europe

STOCKHOLM, Sept 6 (Reuters) - The EU Commission on Wednesday designated 22 services of six major tech companies as "gatekeepers" of online services providing messaging to video sharing in its latest crackdown on Big Tech. Alphabet's Google had the highest number of services, including Android operating system, Maps and Search, which would face tougher rules. "It's D-Day for #DMA!," EU industry chief Thierry Breton said on X, formerly known as Twitter. "The most impactful online companies will now have to play by our EU rules." A Microsoft spokesperson said it accepts its gatekeeper designation, while Meta, Google and Amazon spokespersons said they were reviewing the designations.

Persons: WhatsApp, Thierry Breton, TikTok, Stavroula Vryna, Clifford Chance, Supantha Mukherjee, Foo Yun Chee, Martin Coulter, Jason Neely, David Evans Organizations: EU, Big Tech, Apple, Microsoft, ByteDance, Google, Android, Facebook, Justice, Digital Services, Meta, Gmail, Edge, Thomson Locations: STOCKHOLM, Luxembourg, iMessage, Stockholm, Brussels, London

☆ EU industry chief says it is ‘extremely important’ tech giants comply with new package of laws
▼ + stars: | 2023-09-06 | 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 EmailEU industry chief says it is ‘extremely important’ tech giants comply with new package of lawsEuropean Commissioner for Internal Market Thierry Breton discusses the EU’s new Digital Markets Act shortly after the bloc designated six tech giants as "gatekeepers.” The DMA is a strict set of rules that could shake up the business models of large digital platforms.

Persons: Thierry Breton Organizations: EU, Internal, Markets

The companies now have six months to start complying with the Digital Markets Act's requirements, which are spurring changes in how Big Tech companies operate. “So that’s the endgame.”For example, under the DMA tech companies can't stop consumers from connecting with businesses outside their platforms. That means Telegram or Signal users could exchange texts or video files with WhatsApp users. That means Meta can't mix together a user's data from Facebook, Instagram and WhatsApp services without clear consent. Google noted that it's already doing this and said it would remind European users of their choices.

Persons: Thierry Breton, who's, ”, Alexandre de Streel, ” de Streel, it's Organizations: Apple, Microsoft, Google, Meta, Big Tech, Digital Services, EU, Digital, University of Namur, Epic, Spotify, Facebook Locations: Europe, Brussels, EU

☆ Apple, Amazon, and Meta among 6 tech giants deemed 'gatekeepers' set to face strict competition rules under new EU law
▼ + stars: | 2023-09-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

The European Union named six tech giants as "gatekeepers" that have to comply with new laws. The Digital Markets Act aims to give more choice to users and open up the market for competitors. A TikTok spokesperson said the company "fundamentally disagrees" with the designation. The six tech giants have six months to comply with the EU's Digital Markets Act (DMA), which aims at improving competition in the tech sector. In a statement shared with Insider, a TikTok spokesperson said: "We support the DMA's goal of creating a competitive playing field in Europe but fundamentally disagree with this decision."

Persons: Thierry Breton, Miranda Cole, Norton Rose Fulbright Organizations: European Union, Service, Apple, Meta, Microsoft, EU's, Google, Norton Rose, EU, European Commission Locations: Wall, Silicon, Europe

☆ This Dutchman moved to San Francisco a year ago to help tech giants prepare for new EU rules
▼ + stars: | 2023-08-25 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +10 min

De Graaf, a 30-year veteran of the European Commission, was tasked with resurrecting the EU office in the Bay Area. The generative AI boomGenerative AI was a virtually foreign concept when de Graaf arrived in San Francisco last September. In June, the European Parliament cleared a major step in passing the EU AI Act, which would represent the EU's package of AI regulations. Tech companies that have for years criticized the EU for overly aggressive regulations are now asking, "Why is it taking you so long?" The rapidly changing landscape of generative AI makes it tricky for the EU to quickly formulate regulations.

Persons: Yves Herman, Gerard de Graaf, De Graaf, de Graaf, Union hasn't, Mark Zuckerberg, Mandel Ngan, Thierry Breton, Elon Musk, Breton, we've, We've, who's, they've, Aneesh Chopra Organizations: EU, European Commission, Digital Services, Nasdaq, Meta, Google, Apple, DSA, EC, Valley Bank, Irish Consulate, The, Union, U.S, Facebook, Financial, Financial Services, AFP, Getty, Twitter, Digital Markets, Washington , D.C, European, Tech, Stanford, Nvidia, White Locations: Brussels, Belgium, Europe, San Francisco, Bay, U.S, Silicon Valley, Silicon, Rayburn, Washington , DC, Poland, Graaf, Washington ,, United States

☆ Large US tech companies face new EU regulations
▼ + stars: | 2023-08-25 | by ( Brian Fung | ) edition.cnn.com time to read: +10 min

Although the European Union’s Digital Services Act (DSA) passed last year, companies have had until now to prepare for its enforcement. Friday marks the arrival of a key compliance deadline — after which tech platforms with more than 45 million EU users will have to meet the obligations laid out in the law. But the list finalized in April includes the most powerful tech companies in the world, and, for those firms, violations can be expensive. The DSA permits EU officials to issue fines worth up to 6% of a very large platform’s global annual revenue. In a statement, a Microsoft spokesperson told CNN the DSA deadline “is an important milestone in the fight against illegal content online.

Persons: “, TikTok, “ We’ve, ”, Nick Clegg, Meta, Snap, Apple, Pinterest, Robert Grosvenor, Alvarez, ” Grosvenor, Thierry Breton, Breton, X, Agustin Reyna, Court’s, ” TikTok Organizations: CNN, Amazon, Apple, Google, Meta, Microsoft, Union’s Digital Services, EU, DSA, Companies, Facebook, European Commission, X Locations: Europe, London, “, BEUC

European Commissioner for Internal Market Thierry Breton attends a news conference following an informal video conference of internal market and industry ministers in Brussels, Belgium February 25, 2021. These very large online platforms and very large online search engines have until Friday to provide their first annual risk assessment to the European Commission. "Complying with the DSA is not a punishment – it is an opportunity for these online platforms to reinforce their brand value and reputation as a trustworthy site," Breton said in a statement. "My services and I will thoroughly enforce the DSA, and fully use our new powers to investigate and sanction platforms where warranted," he said. Reporting by Foo Yun Chee; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Thierry Breton, Olivier Hoslet, Breton, Foo Yun Chee, Chizu Organizations: Internal, Rights, Google, Microsoft, Twitter, Digital Services, DSA, HK, European Commission, Thomson Locations: Brussels, Belgium, Europe

☆ TikTok unveils new measures ahead of EU Digital Services Act
▼ + stars: | 2023-08-04 | by ( Martin Coulter | ) www.reuters.com time to read: +1 min

EU flag and TikTok logo are seen in this illustration taken, June 2, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoLONDON, Aug 4 (Reuters) - Chinese-owned social media platform TikTok has announced a raft of new features for European users aimed at improving compliance with incoming European Union regulations. Under the EU's Digital Services Act (DSA), TikTok's owner ByteDance, Alphabet unit Google (GOOGL.O), other large online platforms will be required to police illegal content on their platforms, prohibit certain advertising practices, and share data with authorities. But after TikTok agreed to a voluntary "stress test" last month, EU industry chief Thierry Breton said "more work" was needed for the firm to be fully compliant. "We will continue to not only meet our regulatory obligations, but also strive to set new standards through innovative solutions," the company said.

Persons: Dado Ruvic, ByteDance, TikTok, Thierry Breton, Breton, Martin Coulter, Jason Neely Organizations: REUTERS, EU's Digital Services, CNN, DSA, Thomson

Elon Musk’s Unmatched Power in the Stars The tech billionaire has become the dominant power in satellite internet technology. Today, more than 4,500 Starlink satellites are in the skies, accounting for more than 50 percent of all active satellites. 53% of active satellites are Starlink.” The Starlink satellites are highlighted and are all operating in low-Earth orbit. How Starlink customers connect to the internet Starlink satellites orbit at much lower altitudes than traditional satellite internet services. “Everywhere on earth will have high bandwidth, low latency internet,” Mr. Musk predicted on the Joe Rogan podcast in 2020.

Persons: Elon Musk’s, Mark, Valeriy Zaluzhnyi, Elon Musk, Zaluzhnyi, General Zaluzhnyi, Musk, Musk’s, ”, Starlink’s, ” Mykhailo Fedorov, Mr, Biden, ” Dmitri Alperovitch, Sir Martin Sweeting, Sweeting, Mike Blake, Patrick Seitzer, Rafael Schmall, Joe Rogan, Jeff Bezos, Starlink, Russia —, Fedorov, —, Clodagh Kilcoyne, Nancy Pelosi, Colin H, Kahl, Lynsey Addario, messaged Mr, Lloyd Austin, Gregory C, Allen, we’ve, Mykhailo Podolyak, Volodymyr Zelensky, Jason Hsu, Hsu, “ Elon, Michael McCaul of, Tsai Ing, Tsai, Audrey Tang, Mariana Suarez, Thierry Breton, SpaceX, Chérif El, Amazon Organizations: Joint Chiefs of Staff, Ukraine’s Armed Forces, SpaceX, Tesla, Twitter, Mr, U.S . Defense Department, NASA, Senior Pentagon, The Defense Department, Starlink, European Union, Silverado, Accelerator, Surrey Satellite Technology, Reuters, Airbus, Earth, Getty, Satellite, University of Michigan, National Science Foundation, Rivals, Amazon, Origin, Viasat, Pentagon, CNN, The New York Times, U.S, Defense Department, Center for Strategic, International Studies, Elon, Harvard Kennedy School, Republican, House Foreign Affairs, OneWeb, Agence France, European, United Nations Locations: Ukraine, United States, Iran, Turkey, Japan, Starlink, Crimea, Russian, Starlinks, Europe, Taiwan, China, Beijing, British, Colorado, Cape Canaveral, Fla, —, California, Florida, Latin America, Africa, Nigeria, Mozambique, Rwanda, Ukrainian, Russia, Kreminna, Aspen, Colo, Kherson's, Kherson, Dnipro, Shanghai, Taipei, Michael McCaul of Texas, del, Uruguay, European Union

☆ TikTok ‘stress test’ shows it’s not ‘fully ready’ for looming EU social media rules, commissioner says
▼ + stars: | 2023-07-19 | by ( Brian Fung | ) edition.cnn.com time to read: +1 min

Washington CNN —TikTok has “more work” to do to meet tough new European standards that are coming for social media and content moderation, according to a top EU official who performed a “stress test” of the company this week. “TikTok is dedicating significant resources to compliance,” Breton said, pointing to changes TikTok has made to its recommendation algorithms and its transparency procedures as evidence the company appears to be taking its obligations seriously. TikTok didn’t immediately respond to a request for comment on the test results. TikTok isn’t the only large tech platform to submit to an EU stress test. Last month, European officials evaluated Twitter’s platform for DSA compliance and also announced plans to stress test Facebook-parent Meta’s services.

Persons: Washington CNN — TikTok, Thierry Breton, Breton, Shou Chew, “, ” Breton, TikTok, didn’t Organizations: Washington CNN, EU, Digital Services, European Commission, DSA Locations: Dublin

☆ TikTok to perform 'stress test' ahead of EU Digital Services Act
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

BRUSSELS, July 18 (Reuters) - Chinese-owned social media platform TikTok has voluntarily agreed to a "stress test" to prepare for the European Union's Digital Services Act (DSA), EU industry chief Thierry Breton said on Tuesday. Under the EU's Digital Services Act (DSA), Alphabet unit Google (GOOGL.O), Meta and other large online platforms will risk hefty fines if they do not control illegal content. TikTok will also be subject to the DSA rules, which require companies to manage risk, conduct external and independent auditing, share data with authorities and adopt a code of conduct. "Recent events have shown the impact TikTok has on democracies — and how important independent EU enforcement is," wrote Breton on Twitter. "TikTok voluntarily agreed to perform a #StressTest to prepare for #DSA.

Persons: Thierry Breton, Breton, TikTok, Shou Zi Chew, Sudip Kar, Josie Kao Organizations: Union's Digital Services, EU's Digital Services, DSA, Twitter, Thomson Locations: BRUSSELS

[1/2] A response by ChatGPT, an AI chatbot developed by OpenAI, is seen on its website in this illustration picture taken February 9, 2023. The EU and its member states have dispatched officials for talks on governing the use of AI with at least 10 Asian countries including India, Japan, South Korea, Singapore and the Philippines, they said. Officials from Singapore and the Philippines expressed concern that moving overly hasty regulation might stifle AI innovation. Seoul will continue discussing AI regulation with the EU but is more interested in what the G7 is doing, a South Korean official said following a meeting with Breton. The EU is planning to use the upcoming G20 meetings to further push for global collaboration on AI, notably with 2023 president India, van Huffelen told Reuters.

Persons: Florence, Alexandra van Huffelen, van Huffelen, Thierry Breton, Breton, Fanny Potkin, Sam Nussey, Supantha Mukherjee, Joyce Lee, Tomasz Janowski Organizations: REUTERS, European, EU, Reuters, Officials, General Data, European Union, South Korean, Thomson Locations: Florence Lo, SINGAPORE, TOKYO, STOCKHOLM, Asia, India, Japan, South Korea, Singapore, Philippines, Canada, Turkey, Israel, EU, France, Germany, Italy, Britain, United States, Hiroshima, Seoul

[1/2] A response by ChatGPT, an AI chatbot developed by OpenAI, is seen on its website in this illustration picture taken February 9, 2023. The EU and its member states have dispatched officials for talks on governing the use of AI with at least 10 Asian countries including India, Japan, South Korea, Singapore and the Philippines, they said. The officials asked not be named as the discussions, whose extent has not been previously reported, remained confidential. Officials from Singapore and the Philippines expressed concern that moving overly hasty regulation might stifle AI innovation. Seoul will continue discussing AI regulation with the EU but is more interested in what the G7 is doing, a South Korean official said following a meeting with Breton.

☆ U.S. Big Tech says it meets EU gatekeeper status, TikTok criticises label
▼ + stars: | 2023-07-04 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

Samsung and TikTok owner ByteDance also unexpectedly said they would meet the criteria, although TikTok disputed whether it should be included on the list. "Europe is completely reorganising its digital space to both better protect EU citizens and enhance innovation for EU startups and companies," Breton said in a statement. Booking.com (BKNG.O) said it expected to meet the gatekeeper threshold by the end of the year and will then notify the EU executive. It fell short of the quantitative threshold ahead of Monday's notification to the Commission due to the pandemic. ($1 = 0.9173 euros)Reporting by Foo Yun Chee Editing by Louise Heavens and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Thierry Breton, ByteDance, Booking.com, Breton, TikTok, Foo Yun, Louise Heavens, Mark Potter Organizations: Amazon, Apple, Google, Facebook, Meta, Microsoft, Samsung, Union's, EU, European Commission, Thomson Locations: BRUSSELS, Europe, EU

☆ Amazon, Google, Apple, Meta, Microsoft say they meet EU gatekeeper status
▼ + stars: | 2023-07-04 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

BRUSSELS, July 4 (Reuters) - Alphabet's (GOOGL.O) Google, Amazon (AMZN.O), Apple (AAPL.O), Meta Platforms (META.O) and Microsoft (MSFT.O) have notified the European Commission that they qualify as gatekeepers under new EU tech rules, EU industry chief Thierry Breton said on Tuesday. Samsung and TikTok owner ByteDance also said they meet the EU thresholds, Breton said. "Europe is completely reorganising its digital space to both better protect EU citizens and enhance innovation for EU startups and companies," Breton said in a statement. They will then have six months to comply with the DMA rules. Booking.com (BKNG.O) said it expects to meet the gatekeeper threshold by the end of the year and will then notify the EU executive.

Persons: Thierry Breton, ByteDance, Breton, Foo Yun Chee, Louise Heavens Organizations: Google, Apple, Microsoft, European Commission, Digital Markets, Samsung, EU, Companies, Thomson Locations: BRUSSELS, Europe

☆ CNBC Daily Open: Tesla roars in a quiet market
▼ + stars: | 2023-07-04 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Muted marketsMajor U.S. indexes inched up fractionally Monday, in a quiet start to the second half of the year. Electrifying growthTesla shares popped 6.9% yesterday after the company reported a staggering 83% year-over-year growth in deliveries during the second quarter. Rivian shares jumped 17.4% after the company reported 12,640 deliveries during the second quarter, up 59% from the previous quarter.

Persons: Elon Musk, Thierry Breton, Bluesky, Jack Dorsey, Tom Lee, Lee Organizations: SpaceX, Tesla, Twitter, Viva Technology, CNBC, U.S, AstraZeneca's, European Union Locations: Paris, France, Japan, South Korea, China

REUTERS/Dado Ruvic/IllustrationTOKYO, July 3 (Reuters) - Japan is leaning toward softer rules governing the use of artificial intelligence (AI) than the European Union, said an official close to deliberations, as it looks to the technology to boost economic growth and make it a leader in advanced chips. A softer Japanese approach could dull EU efforts to establish its rules as a global benchmark, with requirements such as companies disclosing copyrighted material used to train AI systems that generate content like text and graphics. EU industry chief Thierry Breton is visiting Tokyo this week to promote the bloc's approach to AI rule-making as well as to deepen cooperation in semiconductors. The government official did not elaborate on areas where Japan's rules were likely to differ from those of the EU. For Japan, AI could help cope with the population decline that is causing a labour shortage.

Persons: Dado Ruvic, Thierry Breton, Yutaka Matsuo, Matsuo, Breton, Japan's, Sam Nussey, Tim Kelly, Christopher Cushing Organizations: REUTERS, European Union, EU, The University, Tokyo's, Learning, SoftBank, Microsoft, Japan, Thomson Locations: TOKYO, Japan, European, U.S, Tokyo, China

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