Apple is being sued by China’s Baidu over fake copies of its rival ChatGPT Ernie. The Prosecutor General Orders Cryptocurrency Exchanges to Give Russia Access to User Data.

Concerning phony copies of its Ernie bot app, which can be downloaded from the Apple App Store.  Read more tech news

Good morning tech fam; here are some quick tech updates for you to catch on to!

What's New Today: Google and Amazon struggle to lay off workers in Europe.

Fast-Track Insights: Prosecutor General Orders Cryptocurrency Exchanges to Give Russia Access to User Data

Over fake copies of its Ernie bot app, which is available on Apple's App Store, the Chinese search engine giant Baidu has sued Apple and "relevant" app developers. Last month, the artificial intelligence-powered Ernie bot from Baidu went live. It is China's response to the OpenAI chatbot ChatGPT, developed in the United States. According to Baidu, the counterfeit Ernie bot applications infringe on intellectual property rights. In a statement on its official "Baidu AI" WeChat account, the company warned users that any Ernie app on the App Store or other stores is fake until it makes an official announcement, as reported by Reuters.

After announcing the largest rounds of layoffs in their history, major tech companies in the United States are now discovering how challenging it is to reduce headcount in Europe. In the United States, businesses can announce widespread layoffs and dismiss hundreds or even thousands of employees within months, and many have done so. In the meantime, mass layoffs by tech companies in Europe have stalled because labor protections in some countries make it nearly impossible to fire people without first consulting employee interest groups. As a result, thousands of tech workers are in limbo, wondering if they will be impacted by negotiations that could last forever.

Artificial intelligence (AI) development and deployment have raised significant ethical concerns and dilemmas. AI technology can positively and negatively affect society, depending on how it is used. AI's most pressing ethical issue is ensuring that these systems are developed and used responsibly and ethically. This requires careful consideration of the potential risks and benefits of AI, as well as the social and economic impacts that it may have. It also requires that AI system developers and users consider ethical principles such as fairness, transparency, and accountability. Read More

According to Igor Krasnov, the head of the country's Prosecutor General's Office, crypto service providers should be required to register in Russia, and exchanges should be required to share information about their users with Russian security services. He also thinks that fighting the legalization of criminal proceeds requires more than just giving cryptocurrencies property status under Russian law. To address the difficulties posed by their illicit use, Krasnov called for their regulation. The top prosecutor explained that the problematic geopolitical situation raises the risk of exploiting digital asset vulnerabilities, as reported in the magazine "Financial Security," published by Rosfinmonitoring, Russia's financial watchdog. Igor Krasnov also advocated for including cryptocurrencies in Russian criminal law, recognizing that they can be the target of criminal activity and encroachment and establishing procedures for the state to seize, store, and take away cryptocurrencies.