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The release of the “First Draft General-Purpose AI Code of Practice” marks the EU’s effort to create comprehensive regulatory guidance for general-purpose AI models. The development of this draft has been a collaborative effort, involving input from diverse sectors including industry, academia, and civil society. The initiative was led by four specialised Working Groups, each […]
Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus LSEG consensus estimates: Revenue: 2.97 trillion Japanese yen ($19.4 […]
e.l.f Beauty power grip primer. Courtesy: e.l.f Beauty E.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 10% in after-hours trading. The cosmetics retailer’s earnings came in well ahead of expectations on the top and bottom lines and it now expects sales to […]
Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro, and slashed its full-year adjusted profit guidance. […]
Hong Kong’s Office of the Privacy Commissioner (PCPD) for Personal Data has joined data protection authorities from the UK, Australia and other countries to sign a global statement calling on social media platforms to guard against the mass scraping of personal data. File photo: Tom Grundy/HKFP. Fifteen other international privacy or data protections authorities issued […]