TikTok joins the AI race!

🤳 26th May 2023 | Biden, McCarthy Nearing Two-Year US Debt Ceiling Deal, US Flags 'Serious Threat' as Iran Unveils New Missile, 19 Dead Over Seized Phone Incident, Proposal to Ease Child Labor Laws, and more!

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What’s Hot OpenAI's ChatGPT app launched only in the US and iOS platforms, reached an impressive 500k downloads within 6 days, surpassing rival AI and chatbot apps, according to Data.ai. Ranking second to Truth Social's launch, it's already in the top 5 AI chatbot apps by downloads in the US for May 2023. "ChatGPT may soon pull ahead of these search-focused alternatives," data suggests, promising a meteoric rise.

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U.S. Trade Representative Katherine Tai, Brazil March 8, 2023, REUTERS

🌐 US Trade Chief Calls for Fresh Perspectives at APEC Meet

U.S. Trade Representative Katherine Tai called on Asia Pacific Economic Cooperation ministers to "think creatively" to address issues like fragile supply chains, the climate crisis & growing inequality. Amid U.S.-China tensions, Tai urged ministers to expand on recent WTO agreements to create sustainable trade. Despite APEC meetings, experts suggest that U.S.-led Indo-Pacific Economic Framework talks, excluding China, are a higher priority for U.S. officials.

🇺🇸 Biden, McCarthy Nearing Two-Year US Debt Ceiling Deal

President Joe Biden & Republican Kevin McCarthy are nearing a deal on raising the US's $31.4 trillion debt ceiling & setting spending caps. However, disagreements persist, notably on where cuts should fall. "I don't believe the whole burden should fall back to middle-class and working-class Americans," said Biden. The agreement, requiring both parties' approval, is critical as a potential default looms.

Twitter: @PresstvExtra

🚀 US Flags 'Serious Threat' as Iran Unveils New Missile

The US has labeled Iran's missile program a "serious threat" following the unveiling of a new model, the Kheibar missile, with the longest range yet. The missile can reportedly hit areas of Israel. State Department spokesman, Matthew Miller, stated: "Iran’s development, and proliferation of, ballistic missiles poses a serious threat to regional and international security." Amid stalled talks on the nuclear deal, the US is committed to preventing Iran from acquiring nuclear weapons.

📉 Germany Slips into Recession, Consumers Cut Spending

Germany has slipped into a recession due to a 0.3% output drop in Q1 2023 and a 0.5% contraction in late 2022, largely due to high energy prices impacting consumer spending. "The persistence of high price increases continued to be a burden on the German economy," the Federal Statistical Office said. Claus Vistesen, Chief Euro Area Economist at Pantheon Macroeconomics, predicts a lack of a strong recovery but expects rebounding consumer spending.

🤖 TikTok Tests New AI Chatbot 'Tako'

TikTok is testing 'Tako', an in-app AI chatbot in select markets for enhanced user search and discovery. Users can inquire about video details or get content recommendations. Despite the bot being spotted in US iOS tests by Watchful.ai, TikTok claims Tako isn't public in the US yet. A TikTok spokesman stated, “We’re always exploring new technologies that add value to our community." Minor accounts won't see the bot. The bot's privacy and long-term data retention policies remain unclear.

🤔 ChatGPT Maker Considers EU Exit Over 'Over-Regulation'

OpenAI's CEO, Sam Altman, warned that the company may leave the EU due to its proposed regulations on artificial intelligence (AI), deeming them as over-regulation, despite urging Congress to regulate AI in the US. Altman finds the EU's 'high-risk' label and demands on AI product disclosures concerning. He stated, "If we can comply, we will, and if we can’t, we’ll cease operating," suggesting a preference for a middle-ground approach between EU and US regulations.

🏀Score a Touchdown with YouTube: Unlimited NFL Sunday Ticket Streams Now Live at Home

YouTube is boosting its NFL Sunday Ticket service, allowing unlimited simultaneous streams at home, compared to the previous two-screen limit. Subscribers can also enjoy YouTube TV’s new multiview feature. Away from home, the two-stream limit applies. YouTube snagged NFL Sunday Ticket in December, outbidding rumored contender Apple. Promotional plans start at $249, set to increase post-June 6th. DirecTV still offers NFL Sunday Ticket for businesses.

✏️ Marvel Halts 'Thunderbolts' Production Amid Writers Strike

Due to the ongoing writers' strike, Marvel Studios has postponed production on its upcoming "Thunderbolts" film and TV series "Wonder Man", along with pre-production for the "Blade" film. As the strike persists, other studios may also delay productions. Insiders affirm plans to resume production once the strike concludes. This development follows recent production halts in the film industry, including Lionsgate's "Good Fortune".

Burnt books and notebooks at the fire scene

🔥 Guyana Dorm Fire: 19 Dead Over Seized Phone Incident

After a 14-year-old girl's phone was confiscated due to a relationship with an older man, she set a Guyana dormitory ablaze, killing 19 students, with locked exits hindering escape. As Gerald Gouveia, national security adviser, said, "The state is going to work with the students and the families." Legal action against the girl and her adult boyfriend is pending, marking Guyana's deadliest fire since 2016.

👋 Twitter's Engineering Chief Quits Amid DeSantis Launch Glitches

Twitter's engineering chief, Foad Dabiri, resigned a day after technical issues marred Ron DeSantis's presidential campaign launch. Dabiri, who didn't state if his departure was tied to the glitches, tweeted, "Working with @elonmusk has been highly educational," referring to Twitter's current owner. Since Musk's takeover, Twitter's workforce saw massive cuts. DeSantis's team spun the hitches, claiming they'd "broken the internet with so much excitement."

👦 Proposal to Ease Child Labor Laws to Address Work Shortage

In response to worker shortages, lawmakers in several U.S. states are proposing legislation to relax child labor laws, potentially allowing minors to work longer hours and in hazardous jobs. Critics argue that such moves risk eroding vital protections for young workers. Reid Maki, director of the Child Labor Coalition, warned: “You can’t balance a perceived labor shortage on the backs of teen workers.” Alternatives include encouraging immigration, delaying retirement, and improving childcare to increase parental workforce participation.

Guyana in its previous years’ celebration

On 26 May 1966, Guyana, formerly under Dutch and British rule, declared its independence. This milestone marked a significant moment for the country, paving the way for a new era of self-governance and national identity. A proud day for Guyana as it embarked on a path of sovereignty and shaped its own destiny.

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