Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sat, Dec 20, 2025 06:51 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Toby Walsh

Professor of AI at UNSW, Research Group Leader, Data61
Toby Walsh is a Professor of Artificial Intelligence at UNSW, and Research Leader at Data61 (formerly NICTA) in the Optimisation Research Group where he leads the Algorithmic Decision Theory project. Data61 is Australia's Centre of Excellence for ICT Research.

He has been Editor-in-Chief of two of the main journals in AI: the Journal of Artificial Intelligence Research, and AI Communications. He is currently Associate Editor of one of the leading journals in computer science, the Journal of the ACM covering the area of Artificial Intelligence

Who is Sam Altman, OpenAI's wunderkind ex-CEO – and why does it matter that he got sacked?

Nov 21, 2023 04:00 am UTC| Technology

On Friday, OpenAIs high-flying chief executive Sam Altman was unexpectedly fired by the companys board. Co-founder and chief technology officer Greg Brockman was also removed as the board president, after which he promptly...

The US just issued the world’s strongest action yet on regulating AI. Here’s what to expect

Nov 01, 2023 07:12 am UTC| Technology

On Monday US President Joe Biden released a wide ranging and ambitious executive order on artificial intelligence (AI) catapulting the US to the front of conversations about regulating AI. In doing so, the US is leap...

Bard, Bing and Baidu: how big tech's AI race will transform search

Feb 10, 2023 06:07 am UTC| Technology

Today, if you want to find a good moving company, you might ask your favourite search engine Google, Bing, or DuckDuckGo perhaps for some advice. After wading past half a page of adverts, you get a load of links to...

Can machines invent things without human help? These AI examples show the answer is ‘yes’

Dec 08, 2022 10:44 am UTC| Technology

The question of whether artificial intelligence (AI) can invent is nearly 200 years old, going back to the very beginning of computing. Victorian mathematician Ada Lovelace wrote whats generally considered the first...

An AI named Cicero can beat humans in Diplomacy, a complex alliance-building game. Here's why that's a big deal

Nov 25, 2022 14:43 pm UTC| Technology

In a rare piece of good news from Meta, artificial intelligence researchers at the company have just announced a scientific breakthrough. Their AI program named Cicero can now play the board game Diplomacy at a human...

How to preserve our privacy in an AI-enabled world of smart fridges and fitbits? Here are my simple fixes

Apr 23, 2022 08:25 am UTC| Technology

The Second Law of Thermodynamics states that the total entropy of a system the amount of disorder only ever increases. In other words, the amount of order only ever decreases. Privacy is similar to entropy. Privacy is...

Holding big tech companies to account: do their employees have the power?

Aug 25, 2018 07:52 am UTC| Insights & Views Technology

When it comes to the tech giant Google, secret plans to launch a new search service in China prompted a furious reaction from more than 1,400 of the companys employees. A staff letter, obtained by Buzzfeed and published...

Economy

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Politics

U.S. Launches Large-Scale Airstrikes on ISIS Targets in Syria After Deadly Attack

The United States military carried out extensive airstrikes against Islamic State (ISIS) targets across Syria on Friday, escalating its response after a deadly attack on American personnel, according to U.S. officials. The...

Putin Envoy Heads to Miami for High-Stakes Talks as U.S. Pushes Ukraine Peace Deal

Russian President Vladimir Putins special envoy Kirill Dmitriev is traveling to Miami for talks with U.S. President Donald Trumps envoy Steve Witkoff and Trumps son-in-law Jared Kushner, according to a Russian source cited...

Russian Missile Strike on Odesa Port Kills Seven, Disrupts Key Trade Routes

A Russian missile attack late on Friday struck critical port infrastructure near Ukraines Black Sea port city of Odesa, killing at least seven people and injuring 15 others, according to Ukrainian officials. The attack...

Trump Nominates Lt. Gen. Frank Donovan to Lead U.S. Southern Command Amid Rising Tensions in Latin America

U.S. President Donald Trump has nominated Lieutenant General Frank Donovan, the vice commander of U.S. Special Operations Command, to become the next head of U.S. Southern Command (SOUTHCOM), the military body responsible...

Brazil Court Allows Bolsonaro Hospital Trip Amid Prison Sentence

Brazils Supreme Court Justice Alexandre de Moraes has authorized former President Jair Bolsonaro to temporarily leave the Federal Police Superintendency in Brasília, where he is currently serving a 27-year prison...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...