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Adidas reports 2023 loss on Kanye fallout
Adidas reports 2023 loss on Kanye fallout
Business and Economy
by  AFP

Adidas on Wednesday reported a loss in 2023 due to the fallout from the end of its tie-up with Kanye West, but the company insisted it was starting to turn its fortunes around. But CEO Bjorn Gulden, who was brought in to lead the company from rival outfitter Puma shortly after the West tie-up fell apart, struck an upbeat tone.

What's included in the new EU law on AI
What's included in the new EU law on AI
Technology
by  AFP

The European Parliament on Wednesday gave the final nod to far-reaching rules on artificial intelligence that the EU hopes will both harness innovation and defend against harms. Those risks could include causing serious accidents, being misused for far-reaching cyberattacks, or to propagate harmful biases online.

EU parliament adopts 'historic' rules on AI
EU parliament adopts 'historic' rules on AI
Business and Economy
by  AFP

The European Parliament gave final approval on Wednesday to wide-ranging EU rules to govern artificial intelligence, including powerful systems like OpenAI's ChatGPT. Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the possible risks of a technology developing at breakneck speed, while also fostering innovation on the continent.

Musk visits Tesla's sabotage-hit German factory
Musk visits Tesla's sabotage-hit German factory
Business and Economy
by  AFP

Elon Musk travelled Wednesday to Tesla's factory near Berlin to lend his workers "support" after the plant was forced to halt production by a suspected arson attack on nearby power lines. With his son X AE A-XII in his arms, Musk said: "I am here to support you."