Snap CEO helps launch LA wildfire recovery program

Snap CEO Evan Spiegel and Miguel Santana, the chief executive of the California Community Foundation, are launching a program focused on helping residents in Altadena and Pacific Palisades rebuild on their own terms after last month’s wildfires. The California Community Foundation, Snap, Spiegel, and Snap CTO Bobby Murphy are committing $10 million in funding to staff […]

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Ford goes protectionist as EV losses top $5B

Ford CEO Jim Farley has a question about President Donald Trump’s threatened tariffs on imports from Mexico, Canada, and China: Why stop there? Farley said in a conference call Wednesday that Trump’s selective approach “doesn’t make sense.” “Why are we having this conversation while Hyundai-Kia is importing 600,000 units in the U.S. with no incremental […]

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EU details which systems fall within AI Act’s scope

The European Union has published guidance on what constitutes an AI system under its new AI Act. The risk-based framework for regulating applications of artificial intelligence came into force last summer — with the first compliance deadline (on banned use cases) kicking in last weekend. Determining whether a particular software system falls within the act’s […]

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