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News on Medial
Airlines Challenge Biden-Era Wheelchair Accessibility Rule
Livemint
·
6m ago
Medial
Some major US airlines, including American, Delta, and United, are challenging a Biden administration rule enhancing accessibility standards for passengers with disabilities. The airlines argue that the Department of Transportation overstepped its authority. The rule, enacted at the end of Biden's term, aims to improve treatment of disabled travelers, requiring better employee training and imposing penalties for mishandling mobility devices. Airlines for America is leading the legal effort to overturn the regulation.
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Trump administration to rescind and replace Biden-era global AI chip export curbs
Economic Times
·
3m ago
Medial
The Trump administration plans to replace a Biden-era AI chip export rule, viewed as overly complex and restricting American innovation. The original rule aimed to limit China's access to advanced chips, supporting U.S. and allied dominance. It categorized countries into tiers dictating chip access. Trump officials may discard this system for a global licensing regime to enhance AI and technological innovation. Nvidia's stocks saw a brief rise following the news.
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DGCA slaps ₹30 lakh fine on Air India post 80-year-old flyer's death in Mumbai
Livemint
·
1y ago
Medial
The Directorate General of Civil Aviation (DGCA) has fined Air India ₹30 lakh after a wheelchair-unavailability incident at Mumbai airport that led to the death of an elderly passenger. The passenger, who had pre-booked a wheelchair, decided to walk due to a long waiting time. He collapsed during the immigration process and later died. Air India has been penalized for failing to take appropriate action against the responsible employees and for not implementing measures to prevent such incidents. The DGCA has issued a notice to all airlines to ensure ample availability of wheelchairs for passengers requiring assistance.
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US curbs on chip tools to China nearly finalised
Economic Times
·
1y ago
Medial
The Biden administration is nearing the final stages of reviewing an updated rule that would restrict exports of US chipmaking equipment to China. These restrictions are expected to tighten the existing rules and close loopholes in order to limit the shipment of semiconductor equipment and advanced AI chips to China. The new rule has been posted on the Office of Management and Budget (OMB) website, indicating that it is close to being implemented. The Biden administration is also planning to publish a companion rule to update restrictions on exports of high-end chips used for artificial intelligence.
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Donald Trump signs bill to nullify expanded IRS crypto broker rule
Economic Times
·
4m ago
Medial
US President Donald Trump signed a bill nullifying the IRS's revised rule that expanded the broker definition to include decentralized cryptocurrency exchanges. The IRS update, from the end of the Biden administration, aimed to encompass DeFi exchanges under new crypto tax reporting guidelines. The Congressional Review Act allowed Congress to reverse this rule. The crypto industry argued that DeFi platforms couldn't comply as they lack intermediaries to track user identities, unlike centralized exchanges.
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Group Linked to Sam Altman Launches AI to Defeat Joe Biden
Futurism
·
1y ago
Medial
A super PAC linked to OpenAI CEO Sam Altman has unveiled an AI chatbot called Dean.Bot with the aim of preventing President Joe Biden from securing a second term. The chatbot serves as a virtual stand-in for Congressman Dean Phillips, who is running against Biden in the Democratic primary. Interestingly, this initiative comes shortly after Biden signed an executive order to regulate AI technology, revealing a potential misalignment between Altman's support for AI regulation and the campaign's efforts to challenge Biden.
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Harris to Lean on Tight Team, Obama Staff in White House Run
Livemint
·
1y ago
Medial
Kamala Harris, as she prepares to take on Donald Trump, has a core group of trustworthy and loyal staff members who have primarily worked for her rather than Joe Biden. She is also considering adding veterans from the Obama administration, as well as some key figures from the Biden era. Harris prefers in-depth briefings, asks probing questions, and has high expectations due to the scrutiny faced as the first Black woman vice president. Her husband, Doug Emhoff, provides support and advice, along with her sister Maya and brother-in-law Tony West.
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EU court adviser sides with regulators in Google's fight against EU antitrust fine
Economic Times
·
2m ago
Medial
An adviser to the European Union's highest court has recommended dismissing Google's appeal against a €4.3 billion fine imposed by EU antitrust regulators. The Luxembourg-based Court of Justice of the European Union is expected to rule in the coming months and often follows such non-binding opinions. This case represents a significant legal challenge for Google concerning its business practices in Europe.
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'Honest Don' Coins New Nickname for Himself During Late Night Rant on Truth Social
Gizmodo
·
1y ago
Medial
Former US President Donald Trump took to Truth Social, his newly launched social media platform, to discuss his political ambitions and challenge President Joe Biden. Trump referred to himself as "Honest Don" and demanded a debate with Biden to inform the American people about the state of the country. It is unclear why Trump wants the debate to happen so soon, as major party debates typically occur much later in the election cycle. The article also touches on Trump's legal troubles and recent allegations made by a former Mar-a-Lago worker regarding Trump's activities.
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US weighs letting UAE buy over a million advanced Nvidia chips
Economic Times
·
3m ago
Medial
The Trump administration is negotiating a deal to allow the United Arab Emirates to import over a million advanced Nvidia chips, surpassing Biden-era limits. This decision has raised concerns about US hardware reaching China. The deal, still under negotiation, could empower UAE's AI firm G42 and US companies building data centers there. If finalized, it signifies a shift in US policy towards AI expansion in the Middle East, amid concerns about China's technological advancements.
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Trump renegotiating Biden-era Chips Act grants, Lutnick says
Economic Times
·
2m ago
Medial
President Trump's administration is renegotiating Biden-era semiconductor grants to ensure better deals for American taxpayers, with some awards potentially being axed. The CHIPS Act aimed to boost U.S. semiconductor manufacturing by granting billions to firms like TSMC, Samsung, Intel, and Micron. Renegotiations have seen firms, such as TSMC, significantly increase their investment pledges. The administration also seeks to maintain over 50% of global AI computing capacity within the U.S. to protect technological interests.
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