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Microsoft urges lawmakers to regulate face-recognition tech

Bloomberg Microsoft Corp., which has come under fire for a US government contract that was said to involve facial recognition software, said it will more carefully consider contracts in this area and urged lawmakers to regulate the use of such artificial intelligence to prevent abuse. The company, one of the key makers of software capable of recognizing individual faces, said ...

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Facebook hires AI chip head from Google

Bloomberg Facebook Inc. has sent another signal that it’s serious about building its own semiconductors, joining Apple Inc., Alphabet Inc.’s Google, and Amazon.com Inc. in trying to make its own custom chips. The social-networking giant this month hired Shahriar Rabii to be a vice president and its head of silicon. Rabii previously worked at Google, where he helped lead the ...

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France woos UK finance as sector reels from Brexit paper

Bloomberg France is on a charm offensive. While the UK’s financial-services industry reels from the Prime Minister’s latest Brexit proposal, politicians across the Channel are stepping up their campaign to show firms they have other options. On a two-day visit to the UK, French Deputy Finance Minister Delphine Geny-Stephann met banks, asset managers, private equity and fintech firms in an ...

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