Bloomberg Business

Biden Aims to Ensure AI Systems Are Safe Before Their Release

President Joe Biden said his administration wants to ensure that artificial intelligence systems are safe before they reach the public as he met business leaders and experts to discuss new safeguards for the emerging technology.

South Korea Told to Pay Elliott Damages in Samsung Fight

South Korea has been ordered to pay Elliott Investment Management $53.6 million in damages to the US activist investor because of a previous administration’s intervention in the 2015 merger of two Samsung affiliates.

Binance.US Market Share Drops to 1.5% in Wake of SEC Crackdown

Binance.US, the American affiliate of the world’s largest crypto exchange, is quickly losing market share in the advent of a Securities and Exchange Commission lawsuit alleging fraud and the illegal sale of unregistered securities.

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