Category: NASCAR

NASCAR News

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Stalled EU AI Act talks set to resume

EU lawmakers will return to the negotiating table for a third day on Friday to try to resolve major differences over laws regulating artificial intelligence, the first of its kind as the world grapples with implications of the fast-growing technology. During a marathon almost 24-hour debate, weary lawmakers and governments agreed provisional terms for regulating AI systems like ChatGPT early on Thursday, taking a step closer to clinching rules governing the technology. EU lawmakers want to ban the use of AI in this area, but governments have pushed for an exception for national security, defence and military purposes.

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PRESS DIGEST- New York Times business news – Dec 8

The Department of Justice on Thursday filed new criminal charges against U.S. President Joe Biden's son, Hunter, accusing him of failing to pay $1.4 million in taxes while spending millions of dollars on a lavish lifestyle. - Yellow, the trucking company that shut down its operations and filed for bankruptcy protection this summer, on Wednesday rejected a trucking executive's bid to buy and restructure its business. - Changpeng Zhao, the founder of the giant cryptocurrency exchange Binance, must remain in the United States as he waits to be sentenced for violating federal money-laundering rules, a judge ruled on Thursday.

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In Olympics race, Adidas pursues edge in new sports

As sportswear rivals jockey for position ahead of next year's Paris Olympics, Adidas is aiming to stamp its brand on smaller events such as breaking, climbing, skateboarding and BMX. After a high-profile fallout with Ye, the artist previously known as Kanye West, ended its highly profitable Yeezy shoe line, Adidas CEO Bjorn Gulden is seeking to reboot its image. And the Olympics are a key arena for the global sportswear giants that spend millions sponsoring athletes, sports federations and national teams, as well as on event marketing.

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AP PHOTOS: 2023 images show violence and vibrance in Latin America

Another woman sits beside railroad tracks as she and her husband head north through central Mexico. Associated Press photographers documented violence and vibrance throughout Latin America in 2023, creating vivid portraits of ability to keep moving forward despite suffering. One image shows a police officer on the back of a motorcycle holding a man slumped after being shot in the head.

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FOCUS-In Olympics race, Adidas pursues edge in new sports

As sportswear rivals jockey for position ahead of next year's Paris Olympics, Adidas is aiming to stamp its brand on smaller events such as breaking, climbing, skateboarding and BMX. After a high-profile fallout with Ye, the artist previously known as Kanye West, ended its highly profitable Yeezy shoe line, Adidas CEO Bjorn Gulden is seeking to reboot its image. And the Olympics are a key arena for the global sportswear giants that spend millions sponsoring athletes, sports federations and national teams, as well as on event marketing.

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FOCUS-Fear of cheap Chinese EVs spurs automaker dash for affordable cars

The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned. "Automakers are really now only turning to affordable vehicles, knowing they've got to or they will lose out to Chinese manufacturers," said Andy Palmer, chairman of UK startup Brill Power, which has developed hardware and software to boost EV battery management system performance. Palmer, formerly Aston Martin's CEO, said Brill Power's products could boost EV range by 60% and enable smaller batteries.