Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
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Asia-Pacific Innovative Lawyers
Generative AI and global tensions are shaping the legal agenda as lawyers respond to political and economic uncertainty, climate change and workloads. Plus: best practice case studies and a spotlight on JapanFinancial Times - World -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
Opponents Will Use AI to Mess With Election, Officials Warn
Foreign foes will harness the technology to influence the vote, officials warn theSenate Intelligence Committee.Inc. - Business -
US warns of possible Pride Month attacks worldwide
The warning comes one week after a similar alert from the FBI and Department of Homeland Security.BBC News - Top stories -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
US defence chief Lloyd Austin to meet Chinese counterpart this month
Singapore meeting would be latest step in reopening communication lines between militariesFinancial Times - World -
Biogen and Ionis Pharma shares slide as they end development of ALS treatment
The move comes after early-stage trial failed to result in a clear signal it slowed the disease process.MarketWatch - Business -
Insurer warns owners of ‘Saltburn effect’ from using stately homes for filming
Owners of historic buildings used in likes of Bridgerton warned of potential damage to possessions and reputations. When the owner of Drayton House in Northamptonshire was approached to allow his 127-room mansion to be the location of a film ...The Guardian - World -
Gaza aid pier opens as US warns of ‘imminent famine’
Humanitarian groups say US maritime initiative is insufficient amid acute food shortagesFinancial Times - Business -
US Official Warns a Cell Network Flaw Is Being Exploited for Spying
Plus: Three arrested in North Korean IT workers fraud ring, Tesla staffers shared videos from owners’ cars, and more.Wired - Tech -
Supplies arrive in Gaza via new pier but land routes essential, says US aid chief
Samantha Power says barely 100 trucks of aid a day enter Gaza, far less than 600 needed to address threat of famine. Humanitarian assistance has begun to arrive in Gaza along a US-made pier, but the US aid chief said the new sea corridor could ...The Guardian - World -
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
The US has approved more flights for China, but the real winner is Russia
While it is certainly understandable that the Biden administration wishes to reestablish the bilateral services agreement with China, there is a better way to do so.The Hill - Politics - China -
Microsoft Asks Some China Staff to Relocate Amid Sino-US Tensions
The group of mostly Chinese nationals work on cloud computing and machine learning, which are now flashpoints in the growing U.S.-China rivalry.Inc. - Business - China -
The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics -
How China is using AI news anchors to deliver its propaganda
News avatars are proliferating on social media and experts say they will spread as the technology becomes more accessible. The news presenter has a deeply uncanny air as he delivers a partisan and pejorative message in Mandarin: Taiwan’s outgoing ...The Guardian - World - China -
‘Reverse Yankee’ deals boom as Europe’s low borrowing costs lure US groups
American companies issue €30bn in euro-denominated bonds as investor demand for European corporate debt growsFinancial Times - Business -
Taiwan’s new leader faces China threat and voters left behind by chip boom
Lai Ching-te brings record of political battle to precarious position between US and increasingly assertive BeijingFinancial Times - World - China -
Appreciating Alice Munro, Who Brought Innovation to Short Fiction
The Nobel laureate, whose precisely written stories about southwestern Ontario many considered “without equal,” died this week at 92.The New York Times - World -
Sony Music warns global tech and streamers over AI use of its artists
Music group representing Adele and Beyoncé contacts more than 700 companies to prohibit use of contentFinancial Times - Business -
Sony Music warns tech companies: Don't use our music to train your AI
Sony Music Group is sending more than 700 letters to tech companies and music streaming services, calling on them to not use its music to train AI without authorization from the label.Los Angeles Times - Entertainment -
Sony Music Group warns more than 700 companies against using its content to train AI
One of the biggest record labels in the world is issuing notices warning hundreds of companies not to train artificial intelligence models on its content without permission.NBC News - Top stories -
Robert Fico’s allies warn of political war – they will use it to justify the dismantling of our democracy | Monika Kompaníková
In Slovakia, we know what ‘restoring order’ means. After the PM’s shooting, it will be an excuse to suppress any opposition. Monika Kompaníková is a Slovakian writer and editorShortly after the shooting of Robert Fico, I received a phone call from ...The Guardian - World -
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031ABC News - Tech - China -
Taiwan is selling more to the US than China in major shift away from Beijing
Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United StatesABC News - Tech - China -
Imagine getting life-saving drugs to sick people without relying on big pharma? We may have found a way | Dr Catriona Crombie
An NHS trust’s attempts to bring a crucial drug to market itself is hopeful news for patients. Dr Catriona Crombie is the head of rare disease at medical charity LifeArcHealthcare should make people’s lives better. That fact can hardly be ...The Guardian - World -
Why Cathie Wood’s Ark Innovation ETF is struggling in 2024 despite the stock-market rally
One research analyst prefers the Nasdaq for exposure to “disruptive innovation.”MarketWatch - Business -
AP Week in Pictures: Europe and Africa
May 10-16, 2024 Prime Minister Robert Fico of Slovakia was shot and wounded while greeting a crowd. U.S. Secretary of State Antony Blinken played guitar in Kyiv while on a visit to Ukraine. Malians replastered the world’s largest mud brick ...ABC News - World -
C.D.C. Warns of a Resurgence of Mpox
A deadlier version of the infectious disease is ravaging the Democratic Republic of Congo, while the type that caused a 2022 outbreak among gay and bisexual men is regaining strength.The New York Times - World