terrorist attacks

Europe sets benchmark for rest of the world with landmark AI laws

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Europe sets benchmark for rest of the world with landmark AI laws

Europe’s landmark rules on artificial intelligence will enter into force next month after EU countries endorsed a political deal reached in December, setting a potential global benchmark for the technology. The AI Act is more comprehensive than the United States’ approach and China’s approach, aiming to maintain social stability and state control. The legislation imposes strict transparency obligations on high-risk AI systems and restricts governments’ use of real-time biometric surveillance in public spaces. The new legislation will have a global reach, impacting companies outside the EU who use EU customer data in their AI platforms. Fines for violations range from 7.5 million euros to 35 million euros depending on the type of violations.

Cypriot tech company takes a bold leap into mixed reality

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Cypriot tech company takes a bold leap into mixed reality

– Ascation was founded by George Tziazas and Minas Kyriakou in 2015.
– They started with game development but transitioned to mixed reality in 2018.
– Ascanio aims to revolutionize mission-critical training across industries using mixed reality technology.
– They received support from Kinisis Ventures and Fameline Holding Group for investment and networking opportunities.
– Ascanio’s technology provides immersive training for high-risk scenarios in various industries.
– They focus on safety, real-time feedback, and comprehensive debriefing in their training solutions.
– Ascanio’s platform integrates biosensing and haptic feedback for a realistic training experience.
– They have developed a physiotherapy module in collaboration with the University of Nicosia for Parkinson’s patients.
– George and Minas actively support the tech community in Cyprus through mentorship and participation in internship programs.
– Ascanio plans to expand into industries like shipping, aviation, construction, and telemedicine to revolutionize training methods.
– George and Minas believe in the transformative power of mixed reality technology in reshaping industries.

Weekly IRS Roundup April 1 – April 5, 2024 | JD Supra

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Weekly IRS Roundup April 1 – April 5, 2024 | JD Supra

The IRS released guidance on corporate bond monthly yield curve, applicable federal rates, and proposed regulations on production tax credit.

Russia has not requested terror attack info from Cyprus , – justice minister

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Russia has not requested terror attack info from Cyprus , – justice minister

Cyprus’ justice ministry has not received any request from Moscow’s prosecution office regarding its potential involvement in Russia’s terror attacks.

Moscow requests info from Cyprus over , ‘potential role’ in terror attacks

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Moscow requests info from Cyprus over , ‘potential role’ in terror attacks

The Russian Prosecutor General’s Office has requested information from the US, Germany, France, and Cyprus regarding their potential involvement in organizing and financing terrorist attacks on Russia.

Cyprus did not receive request from Russia over alleged Western involvement in terrorism

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Cyprus did not receive request from Russia over alleged Western involvement in terrorism

Cyprus has not received any request from Russia to assist in investigating alleged Western involvement in terrorist attacks on Russian soil. Russia’s General Prosecutor’s Office has sent official requests to Western countries, including Cyprus, the United States, Germany, and France, asking for cooperation in investigating the Nord Stream blasts and acts of terrorism in Russia. Russia claims to have direct evidence implicating Western countries, particularly the United States and Ukraine, in collaborating with ISIS and Ukrainian intelligence to carry out attacks in Russia. The Kremlin has called the situation regarding the investigations “close to absurd”.