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BRUSSELS : The Group of Seven industrial countries will on Monday agree a code of conduct for companies developing advanced artificial intelligence systems, a G7 document showed, as governments seek to mitigate the risks and potential misuse of the technology. The voluntary code of conduct will set a landmark for how major countries govern AI, amid privacy concerns and security risks, the document seen by Reuters showed.

code of conduct for companies developing advanced artificial intelligence systems, a G7 document showed, as governments seek to mitigate the risks and potential misuse of the technology. The voluntary code of conduct will set a landmark for how major countries govern AI, amid privacy concerns and security risks, the document seen by Reuters showed.

Israeli military has intensified its attacks in the Gaza Strip, resulting in a significant disruption of internet and communication services. The military has opened a “second stage" in the war against Hamas. Israeli military aircraft carried out a series of intense nighttime airstrikes in northern Gaza, targeting around 150 underground facilities, according to an announcement by the army on Saturday.

Akash Ambani, chairman, Reliance Jio, Sunil Mittal, chairman, Bharti Enterprises, and Kumar Mangalam Birla, chairman, Aditya Birla Group (the co-parent of Vodafone Idea), also told delegates at Asia’s biggest technology event, the India Mobile Congress, that they will double down on investments to ensure broader rollout of 5G in the country. “Country after country as well as World Bank, United Nations, WTO, the Africa Union, the EU, G20, BRICS – everyone is chanting that the digital infrastructure model that India has built can accelerate the world economy, especially in those countries which have lack of infrastructure,” Mittal said. Echoing the sentiment, Jio’s Ambani said using the latest technology can improve the lives of people and the best example of it is India’s digital public infrastructure, purpose-built on an integrated technology backbone that helps the state achieve its stated objective of financial inclusion for the underprivileged. “Millions of youngsters like me are inspired by your work in making Digital India a means to build a more innovative, inclusive and sustainable world,” Ambani said, referring to Prime Minister Narendra Modi. Speaking at the inauguration of India Mobile Congress, Ambani and Mittal also underlined their readiness to offer broadband-from-space services. Kumar Mangalam Birla, additional director of Vodafone Idea, added that India has emerged as a champion of the global south, with many countries from the global south now eager to adopt “India’s path breaking digital public infrastructure assets across identity, payments, and data management.” Mittal also highlighted the success India has achieved in manufacturing in the last few years with players ranging from Apple to

An independent probe has found “serious failings” in how NatWest Group’s private and exclusive Coutts Bank shut down the account of the right-wing British politician Nigel Farage

European Union leaders believe it's time to lay the foundations for a future relationship between Israel and the Palestinians where the militant group Hamas does not control Gaza

The European Union summit showed that Ukraine will be facing tougher times to get all the attention and political, economic and military aid that it wants

Hamas to get aid into Gaza, after hours of negotiations at a summit of the bloc in Brussels. The European Union has struggled for both unity and influence in the face of the crisis that has engulfed the Middle East since Hamas launched its bloody attack on Israel on October 7. The surge in bloodshed has divided Europe's attention at a time of rising doubts about the West's ability to keep supporting Ukraine in its fight against Russia. After five hours of talks, the leaders called for «continued, rapid, safe and unhindered humanitarian access and aid to reach those in need through all necessary measures including humanitarian corridors and pauses for humanitarian needs». They said the EU «will work closely with partners in the region to protect civilians, provide assistance and facilitate access to food, water, medical care, fuel and shelter». European Commission President Ursula von der Leyen insisted early on Friday there was «no contradiction between showing solidarity to Israel and, of course, acting on the need of humanitarian aid for the people of Gaza» after the leaders' talks ended. The 27-nation bloc has long been split between more pro-Palestinian members such as Ireland and Spain, and staunch backers of Israel including Germany and Austria. There has been strong condemnation of the Hamas attack, which Israel says killed at least 1,400 people and resulted in more than 220 people being taken hostage. But there was less consensus on urging any halt to Israel's retaliatory bombardment of Gaza, which the Hamas-run health ministry says has killed more than 7,000 people. The EU's call fell short of the demands from the United Nations for a «ceasefire», despite a last-ditch push from Spain to toughen the

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is under heightened scrutiny from the House Committee on Oversight and Accountability concerning the SEC's interactions with European Union (EU) bodies on legislative matters. The tension primarily revolves around information sharing and the perception of the SEC acting beyond its mandate, potentially bypassing Congress to further an agenda that could adversely impact American taxpayers.

For the most part, nonfungible tokens (NFTs) have two primary use cases: Buying and selling digital products (digital art, virtual fashion items) and building digital communities (exclusive memberships, access to events). 

“Country after country as well as World Bank, United Nations, WTO, Africa Union, European Union, G20, BRICS, everyone is chanting that the digital infrastructure that India has built can accelerate the world economy, especially in those countries which have lack of infrastructure,” Bharti Airtel chairman Sunil Mittal said during the inauguration of India Mobile Congress. He also stressed about the success India has achieved in manufacturing, particularly digital infrastructure in the last few years. “I spoke about it last year that manufacturing of the scale and size which we want may not happen in India during my lifetime. But I realised that India is moving fast,” Mittal said. He highlighted that companies ranging from Apple to Dixon to Samsung and Tata’s, every company, be it small or big, are getting into manufacturing and India is emerging as a world leader in manufacturing, especially digital infrastructure.

PTI, “Whether it is World Bank, United Nations, WTO, African Union, European Union, G20, OECD countries, BRICS; everyone is saying that the digital infrastructure that India has built can accelerate the world economy, especially in those countries which have lack of infrastructure." Mittal informed that Airtel has already extended its WiFi services to 5,000 towns and 20,000 villages and expressed the company's commitment to providing nationwide 5G coverage by March 2024. Also Read: India Mobile Congress 2023: PM Modi inaugurates tech event at Bharat Mandapam today; Theme, schedule, other details here Mittal stressed, “Satellite communication and said that it is here to serve every inch of our country and of course the globe.

Washington has decided to withdraw its proposal on digital trade at the global trade body to retain the policy space to regulate Big Tech firms. The changed position is crucial ahead of a key ministerial meeting of the WTO next year for which digital trade has been identified as one of the «solid deliverables» by senior trade officials of 164-member countries on Tuesday. The WTO e-commerce negotiations, through a Joint Statement Initiative (JSI), began in 2019 with 90 members trying to reach a consensus on data flows, data localisation, and protection of source code by MC13. India has opposed the plurilateral initiative and has kept away from the talks. New Delhi backs flexibility in digital policy and has concerns about the potential dominance of a handful of e-commerce players. India has also expressed apprehensions over the proposed rules favouring foreign companies, especially the Big Tech. «The new US stand on digital trade validates India's approach on the subject.

The U.K. prime minister is defending China's invitation to a summit on artificial intelligence that Vice President Kamala Harris will attend next week

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Israel-Hamas war news: As Israel invaded Gaza on the ground on Thursday, targeting Hamas positions using tanks, United States President Joe Biden hinted that hinted that one of the reasons behind Hamas fighters' 7 October attack on Israel was the recent announcement of the India-Middle East-Europe Economic Corridor. According to a GTRI report, the ongoing Israel's war with Hamas fighters in Gaza can derail the prospect of a historic peace deal between Israel and Saudi Arabia, a crucial linchpin in the India-Middle East Europe Economic Corridor (IMEEC) framework The India-Middle East-Europe Economic Corridor was announced by US President Biden, Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen during the annual Group of 20 summit held in India earlier this year.

Tata Consultancy Services (TCS), who, the union alleged, had been left “stranded and jobless" after the IT major failed to follow through its offer of employment with an actual job, according to a report in the Mint. "Delayed onboarding" refers to companies not transitioning their job offers into actual, salaried positions. This issue surfaced after the Covid-19 pandemic, which disrupted businesses globally.

EU industry chief Thierry Breton has launched investigations into three tech platforms over content moderation decisions, including Elon Musk's X. The tech giants have faced mounting scrutiny in recent weeks, with a surge in harmful content and disinformation following Hamas' attack on Israel.