Apple signs on to voluntary US scheme to manage AI risks, White House says

WASHINGTON (Reuters) – Apple Inc has signed U.S. President Joe Biden’s voluntary commitments governing artificial intelligence (AI), joining 15 other firms that have committed to ensuring that AI’s power is not used for destructive purposes, the White House said on Friday. The original commitments, announced in July 2023, were signed on to by firms including…

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US FDA warns of dosing errors with compounded versions of Novo’s weight loss drugs

(Reuters) – The U.S. Food and Drug Administration on Friday warned patients and doctors about dosing errors associated with compounded versions of Novo Nordisk’s weight loss and diabetes drugs. The health regulator said it has received reports of adverse events, some requiring hospitalization, that may be related to overdoses due to patients incorrectly self-administering the…

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Analysis-End of tax loophole risks dimming Shein’s IPO appeal, investors say

By Helen Reid LONDON (Reuters) – Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said. Shein, which sells $5 tops and $10…

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