The White House has called in the CEOs of Google, Microsoft, and ChatGPT-maker OpenAI to meet with the vice president on how to mitigate both the near-term and long-term risks of their technology.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness
Facebook misled parents, failed to guard kids’ privacy, regulators say
The Federal Trade Commission proposes sweeping changes to a 2020 privacy order with Facebook that would prohibit it from profiting from data it collects on users under 18.
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Posted inBusiness, Nation & World, News
In reversal, Twitter to allow free automated weather, transit tweets
Twitter says it will allow government agencies and other public entities to share automated warnings on the social network for free.
Posted inBusiness
How a Fed increase could affect credit card debt, auto loans
Rates on credit cards, mortgages and auto loans all stand to rise even more.
Posted inBusiness, Nation & World, News
Fed raises key rate but hints it may pause amid bank turmoil
The Federal Reserve raised its key interest rate by a quarter-point to the highest level in 16 years.
Posted inBusiness, Food
The Wrap: Cong Tu Bot to open second restaurant, this one in Old Port
Also, Portland’s only Cambodian restaurant to open in the Public Market House; The Garden Bar launching in Biddeford; Greeks of Peaks rebuilds after losing a truck; and more.
Posted inBusiness
‘Godfather of AI’ leaves Google, warns of tech’s dangers
Geoffrey Hinton, 75, says he retired from Google so that he could speak openly about the potential risks as someone who no longer works for the tech giant.
Posted inBusiness, Maine, News
As summer nears, most Maine tourism businesses are understaffed
Seaside hotels, tour buses, restaurants and other Maine employers are facing labor shortages that could affect many businesses’ peak season.
Posted inBusiness
Apple, Google partner to combat creepy tracking tactics
Stalkers have deployed Bluetooth products to shadow former love interests and other people who don’t realize they are being tracked.
Posted inBusiness
Weight loss drugs are a golden ticket for health-linked stocks
The medicines known as glucagon-like peptide agonists, or GLP-1s, are making waves with celebrity influencers as well as investors, sending shares of Eli Lilly and Novo Nordisk soaring.