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AI summit in UK seeks global consensus on mitigating risk

AI summit in UK seeks global consensus on mitigating risk
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

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Tech stocks tumble as bond yields jump despite stimulus plans - while oil hits $70 after attack on Saudi Arabia


Tech stocks tumble as bond yields jump despite stimulus plans - while oil hits $70 after attack on Saudi Arabia
[email protected] (Harry Robertson)
© LightRocket/Getty Images
Tech stocks around the world have suffered as bond yields have risen LightRocket/Getty Images
Bond yields continued to rise on Monday, knocking tech stocks around the world once again.
Higher yields make stocks look less attractive and weigh on the valuations of technology companies.
Oil prices jumped after an attack on Saudi Arabian oil facilities sparked concern among investors.
Global tech stocks tumbled on Monday morning as rising bond yields made investors question the high prices of some companies, despite the US being close to passing $1.9 trillion in extra stimulus for the economy. ....

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Pressure rises on Biden to shut tech out


Pressure rises on Biden to shut tech out
POLITICO
1/22/2021
By Nancy Scola
© Kirill Kudryavtsev/AFP/Getty Images
Tech industry critics are ramping up the pressure on President Joe Biden to think twice before hiring tech industry veterans for the many still-unfilled administration roles that touch on tech.
A Silicon Valley résumé is looking increasingly toxic in Washington and that’s complicating President Joe Biden’s efforts to fill out his team to take on tech.
In the wake of the social media fueled riot on the Capitol, many on the progressive left have argued that Twitter and Facebook’s early reticence to restrict extremist content highlights the danger of the hands-off approach Washington, D.C., has taken to the tech industry for years. ....

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