Speaking at the CNBC Technology Executive Council Summit in New York, Wikipedia founder Jimmy Wales has expressed scepticism about Elon Musk’s new AI-powered Grokipedia, suggesting that large language models cannot reliably produce accurate wiki entries.
Wales highlighted the difficulties of verifying sources and warned that AI tools can produce plausible but incorrect information, citing examples where chatbots fabricated citations and personal details.
He rejected Musk’s claims of liberal bias on Wikipedia, noting that the site prioritises reputable sources over fringe opinions. Wales emphasised that focusing on mainstream publications does not constitute political bias but preserves trust and reliability for the platform’s vast global audience.
Despite his concerns, Wales acknowledged that AI could have limited utility for Wikipedia in uncovering information within existing sources.
However, he stressed that substantial costs and potential errors prevent the site from entirely relying on generative AI, preferring careful testing before integrating new technologies.
Wales concluded that while AI may mislead the public with fake or plausible content, the Wiki community’s decades of expertise in evaluating information help safeguard accuracy. He urged continued vigilance and careful source evaluation as misinformation risks grow alongside AI capabilities.
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Norway’s efforts to improve cryptocurrency tax compliance have led to a significant increase in declarations. More than 73,000 residents reported owning digital assets in their 2024 filings, a 30% rise compared with 2023, according to the Norwegian Tax Administration.
Officials attribute the growth to enforcement measures, educational campaigns, and improved digital reporting systems.
The total reported value of these holdings exceeded US$4 billion, with gains of around US$550 million and losses near US$290 million. Tax director Nina Schanke Funnemark said higher participation reflects the success of recent initiatives and increased taxpayer awareness.
From January 2026, Norwegian crypto service providers, including exchanges and custodians, must share client transaction data under a new third-party reporting regime. The measure aims to close oversight gaps and ensure transparency across the sector.
The 2024 declaration figures contrast sharply with 2019, when only 6,470 individuals reported crypto ownership.
Norway’s sovereign wealth fund holds indirect crypto exposure through investments in companies such as Coinbase, Metaplanet, and Strategy, representing roughly 7,161 Bitcoin. Other countries are boosting crypto oversight, with the UK’s HMRC sending around 65,000 warning letters to suspected non-compliers.
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Google has removed the option to display up to 100 search results per page, now showing only 10 results at a time. The change limits visibility for websites beyond the top 10 and may reduce organic traffic for many content creators.
The update also impacts AI systems and automated workflows. Many tools rely on search engines to collect data, index content, or feed retrieval systems. With fewer results per query, these processes require additional searches, slowing data collection and increasing operational costs.
Content strategists and developers are advised to adapt. Optimising for top-ranked pages, revising SEO approaches, and rethinking data-gathering methods are increasingly important for both human users and AI-driven systems.
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Tech firms now spend a record €151 million a year on lobbying at EU institutions, up from €113 million in 2023, according to transparency-register analysis by Corporate Europe Observatory and LobbyControl.
Spending is concentrated among US giants. The ten biggest tech companies, including Meta, Microsoft, Apple, Amazon, Qualcomm and Google, together outspend the top ten in pharma, finance and automotive. Meta leads with a budget above €10 million.
Estimates calculate there are 890 full-time lobbyists now working to influence tech policy in Brussels, up from 699 in 2023, with 437 holding European Parliament access badges. In the first half of 2025, companies declared 146 meetings with the Commission and 232 with MEPs, with artificial intelligence regulation and the industry code of practice frequently on the agenda.
As industry pushes back on the Digital Markets Act and Digital Services Act and the Commission explores the ‘simplification’ of EU rulebooks, lobbying transparency campaigners fear a rollback on the progress made to regulate the digital sector. On the contrary, companies argue that lobbying helps lawmakers grasp complex markets and assess impacts on innovation and competitiveness.
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Meta and TikTok have confirmed they will comply with Australia’s new law banning under-16s from using social media platforms, though both warned it will be difficult to enforce. The legislation, taking effect on 10 December, will require major platforms to remove accounts belonging to users under that age.
The law is among the world’s strictest, but regulators and companies are still working out how it will be implemented. Social media firms face fines of up to A$49.5 million if found in breach, yet they are not required to verify every user’s age directly.
TikTok’s Australia policy head, Ella Woods-Joyce, warned the ban could drive children toward unregulated online spaces lacking safety measures. Meta’s director, Mia Garlick, acknowledged the ‘significant engineering and age assurance challenges’ involved in detecting and removing underage users.
Critics including YouTube and digital rights groups have labelled the ban vague and rushed, arguing it may not achieve its aim of protecting children online. The government maintains that platforms must take ‘reasonable steps’ to prevent young users from accessing their services.
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A Paris court has ordered Apple to pay around €39 million to French mobile operators, ruling that the company imposed unfair terms in contracts governing iPhone sales more than a decade ago. The court also fined Apple €8 million and annulled several clauses deemed anticompetitive.
Judges found that Apple required carriers to sell a set number of iPhones at fixed prices, restricted how its products were advertised, and used operators’ patents without compensation. The French consumer watchdog DGCCRF had first raised concerns about these practices years earlier.
Under the ruling, Apple must compensate three of France’s four major mobile networks; Bouygues Telecom, Free, and SFR. The decision applies immediately despite Apple’s appeal, which will be heard at a later date.
Apple said it disagreed with the ruling and would challenge it, arguing that the contracts reflected standard commercial arrangements of the time. French regulators have increasingly scrutinised major tech firms as part of wider efforts to curb unfair market dominance.
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The California Department of Financial Protection & Innovation (DFPI) has warned that criminals are weaponising AI to scam consumers. Deepfakes, cloned voices, and slick messages mimic trusted people and exploit urgency. Learning the new warning signs cuts risk quickly.
Imposter deepfakes and romance ruses often begin with perfect profiles or familiar voices pushing you to pay or invest. Grandparent scams use cloned audio in fake emergencies; agree a family passphrase and verify on a separate channel. Influencers may flaunt fabricated credentials and followers.
Automated attacks now use AI to sidestep basic defences and steal passwords or card details. Reduce exposure with two-factor authentication, regular updates, and a reputable password manager. Pause before clicking unexpected links or attachments, even from known names.
Investment frauds increasingly tout vague ‘AI-powered’ returns while simulating growth and testimonials, then blocking withdrawals. Beware guarantees of no risk, artificial deadlines, unsolicited messages, and recruit-to-earn offers. Research independently and verify registrations before sending money.
DFPI advises careful verification before acting. Confirm identities through trusted channels, refuse to move money under pressure, and secure devices. Report suspicious activity promptly; smart habits remain the best defence.
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Ontario’s privacy watchdog has released an expanded set of deidentification guidelines to help organisations protect personal data while enabling innovation. The 100-page document from the Office of the Information and Privacy Commissioner (IPC) offers step-by-step advice, checklists and examples.
The update modernises the 2016 version to reflect global regulatory changes and new data protection practices. She emphasised that the guidelines aim to help organisations of all sizes responsibly anonymise data while maintaining its usefulness for research, AI development and public benefit.
Developed through broad stakeholder consultation, the guidelines were refined with input from privacy experts and the Canadian Anonymization Network. The new version responds to industry requests for more detailed, operational guidance.
Although the guidelines are not legally binding, experts said following them can reduce liability risks and strengthen compliance with privacy laws. The IPC hopes they will serve as a practical reference for executives and data officers.
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France’s National Assembly has voted to raise its digital services tax on major tech firms such as Google, Apple, Meta and Amazon from 3% to 6%, despite government warnings that the move could trigger US trade retaliation.
Economy Minister Roland Lescure said the increase would be ‘disproportionate’, cautioning that it could invite equally strong countermeasures from Washington. Lawmakers had initially proposed a 15% levy in response to former US President Donald Trump’s tariff threats, but scaled back amid opposition from industry and the government.
The amendment still requires final approval in next week’s budget vote and then in the French Senate. The proposal also raises the global revenue threshold for companies subject to the digital services tax from €750 million to €2 billion, aiming to shield smaller domestic firms.
John Murphy of the US Chamber of Commerce criticised the plan, arguing it solely targets American companies. Lawmaker Charles Sitzenstuhl, from President Emmanuel Macron’s party, stressed that ‘the objective of this tax was not to harm the United States in any way’, addressing US officials following the vote.
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OpenAI has finalised its recapitalisation, simplifying its structure while preserving its core mission. The new OpenAI Foundation controls OpenAI Group PBC and holds about $130 billion in equity, making it one of history’s best-funded philanthropies.
The Foundation will receive further ownership as OpenAI’s valuation grows, ensuring its financial resources expand alongside the company’s success. Its mission remains to ensure that artificial general intelligence benefits all of humanity.
The more the business prospers, the greater the Foundation’s capacity to fund global initiatives.
An initial $25 billion commitment will focus on two core areas: advancing healthcare breakthroughs and strengthening AI resilience. Funds will go toward open-source health datasets, medical research, and technical defences to make AI systems safer and more reliable.
The initiative builds on OpenAI’s existing People-First AI Fund and reflects recommendations from its Nonprofit Commission.
The recapitalisation follows nearly a year of discussions with the Attorneys General of California and Delaware, resulting in stronger governance and accountability. With this structure, OpenAI aims to advance science, promote global cooperation, and share AI benefits broadly.
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