GOOGL Sep 2024 230.000 put
- Moneywise
‘Big Short’ investor Michael Burry just made a big bet on gold — and dumped tech giants Alphabet and Amazon
A bullish bet on a safe haven asset.
- Reuters
Top EU data regulator says tech giants working closely on AI compliance
The world's leading internet firms are engaging extensively with regulators in the European Union to ensure their artificial-intelligence products do not fall foul of the bloc's strict data protection rules, Ireland's powerful data regulator said. Ireland's Data Protection Commission, lead EU regulator for Alphabet's Google, Meta, Microsoft, TikTok and OpenAI, among others, said that its broad powers had not yet been tested on AI and it could in future force changes to business models to ensure data privacy is protected. AI creates a number of potential issues for data privacy, the two top officials at Ireland's Data Protection Commission said in an interview on Tuesday.
- Fortune
Generative AI is in the crosshairs at Meta and Alphabet annual meetings as shareholders vote for detailed reports
Shareholders at Meta and AlphaBet will vote on proposals calling for detailed reports by the companies about how generative AI technology is being used to create and spread misinformation.
