U.S. Department of Justice steps up focus on AI law enforcement, warns of tougher penalties

The U.S. Department of Justice is stepping up its focus on artificial intelligence, with officials warning on Thursday that companies and individuals who knowingly misuse the technology to advance white-collar crimes such as price fixing and market manipulation risk harsher sentences. Deputy Attorney General Lisa Monaco will also say that the Justice Department will consider … Read more

China increases defense budget, adopts tougher language on Taiwan

Washington—— China announced on Tuesday a 7.2% increase in its defense budget, more than doubling during President Xi Jinping’s 11 years in power as Beijing hardens its stance on Taiwan. Since Xi Jinping took office as president in 2013, the defense budget has surged from $100 billion to $230 billion this year. The increase reflects … Read more