welcome to tech fridaynew joint project, the hill and Pluribus News Covers technology policy across government.
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It's hard to be the first. Connecticut, where Gov. Ned Lamont (D) effectively killed a landmark artificial intelligence (AI) bill this week with a veto threat, and Gov. Jared Polis (D) over a similar bill that passed. Take a look at Colorado, where the state is taking an especially cautious stance. Last day of the session.
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Sen. James Maloney (D) of Connecticut and Senate Majority Leader Robert Rodriguez (D) of Colorado are the architects of AI regulation and leaders of an interstate task force that has met throughout the last year on emerging AI technologies. there is. For Maloney, Lamont's veto threat was a bitter pill to swallow. Rodriguez doesn't yet know what Polis will do.
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Even before Polis made her decision, the Maroney-Rodriguez template was emerging in other states. We expect more states to enact AI laws in the future, both to promote the industry and to put guardrails on government and private use of AI systems. Next year will be the year of AI reform.
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image © Jaap Arrians, NurPhoto via Getty Images
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TikTok sues to block sale
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TikTok has filed a lawsuit in federal court to block a forced sale from parent company ByteDance. The law, approved by Congress last month, gives ByteDance 270 days to sell TikTok. TikTok and ByteDance argue that the law violates users' First Amendment rights. Visit The Hill for more information.
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Biden administration provides funding for semiconductor chips
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The Biden administration is funding $285 million for digital twin research and development in the semiconductor industry. The funding will be used to establish and operate a U.S. manufacturing lab focused on cloud-based chip technology. Visit The Hill for more information.
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Medical giant hit by cyber attack
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Ascension Health, the nation's largest Catholic hospital chain, announced that some of its systems were down after a cyberattack. It is unclear how much damage the chain's IT systems suffered. Visit The Hill for more information.
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Google's parent company Alphabet is in talks to acquire marketing software provider HubSpot. Alphabet discussed the terms of the deal. HubSpot's market cap is $30 billion. For more information, please visit Bloomberg.
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Streaming services join to create bundles
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Disney and Warner Bros. Discovery announced this week that they will be offering Disney+, Hulu, and Max as a streaming bundle. This is the first major business-to-business partnership between streaming services and a step toward catching up to Netflix's content library. Please read the details until the deadline.
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Instacart expands to restaurants
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Grocery delivery service Instacart announced this week that it is partnering with Uber Eats to add restaurant takeout to its service. This service means free shipping on orders of $35 or more for those who subscribe to Instacart Plus. Visit The Hill for more information.
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This week's Magnificent Seven performances
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NVDA +1.1%, META +6.6%, TSLA -5.6%, AMZN +1.5%, GOOG +1.9%, MSFT +2.4%, AAPL -1.1%. Nasdaq-100 Tech Sector Index: +0.6%.
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Representative Clyde Vannell (D) plans to introduce a bill that would require warnings that the information provided to generative artificial intelligence (AI) systems may be false. The bill was introduced after an AI system fabricated a story about a lawmaker's sexual harassment. For more information, please visit Pluribus News.
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Lawmakers approved a bill that would prohibit companies from reducing drivers' pay based on tips they receive from them. One measure would pave the way for rideshare drivers to form a union. For more information, please visit Pluribus News.
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Sen. Steve Glazer (D) has introduced a bill that would create a fee to ease data extraction from major technology platforms. The fee would raise about $500 million to fund local journalism. The fund will provide tax credits to California-based news organizations. For more information, please visit Pluribus News.
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May 14th: alibaba and tencent We will report first quarter earnings.
May 15th: Cisco Systems Report your earnings.
May 15th too: of Senate Intelligence Committee He is scheduled to hold a hearing on foreign threats to the 2024 election.of House Oversight Subcommittee The Committee on Cybersecurity will hold a hearing on cyber threats from China.
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A whopping 97% of American teenage boys play video games, and 62% self-identify as gamers, according to a new study from Pew Research Center. Among girls, 73% play video games and 17% call themselves gamers. Find out more at Pew.
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