Microsoft CEO Satya Nadella believes some AI companies are eroding public trust by promoting negative narratives about AI's impact on jobs. He argues for demonstrating tangible benefits to rebuild confidence, citing data center development as an example of local community investment.
The Philippine Senate's official website was defaced with a warning message from hacktivists, coinciding with a political crisis over leadership control within the chamber.
Former Fed Chair Jerome Powell warned that political interference in monetary policy could permanently destroy public trust in the central bank. Accepting the JFK Profile in Courage award, Powell stated the Fed is undergoing a "stress test" amid the Trump administration's challenges to its independence, referencing the ongoing Supreme Court case regarding Fed Governor Lisa Cook's attempted firing.
Former Fed Chair Jerome Powell warned that political pressure from the Trump administration on the central bank could erode public trust in its independence. He cited the White House's push for his resignation and a DOJ investigation into the Fed's headquarters renovation as examples.
The Philippine Senate began an impeachment trial for Vice President Sara Duterte-Carpio on Monday, facing internal leadership battles and the aftermath of her father's ICC case. The trial could impact her 2028 presidential bid.
A town hall meeting in Pennsylvania saw over 225 attendees express frustration over the state's handling of rapid data center development, citing concerns over electricity prices, water use, noise, and rural industrialization.
A former executive director of Hong Kong’s Insurance Authority has been acquitted of misconduct after she was alleged to have coerced insurer Prudential into hiring her daughter-in-law, as the magistrate ruled that her actions did not cause “actual damage” to public trust in the regulator. Magistrate Minnie Wat Lai-man on Thursday found Carol Hui Mei-ying and digital strategy consultant Chan Tsz-wai not guilty of conspiracy to commit misconduct in public office. The pair previously stood trial...
South Korea has begun a pilot program for a public trust system to manage assets of dementia patients whose decision-making ability has declined. The National Pension Service will sign trust agreements with patients or families, provide living and care expenses based on individualized financial plans, and handle remaining assets through inheritance. The initiative targets elderly dementia patients receiving basic pensions as the number of patients aged 65+ is expected to exceed 1 million this year, with assets estimated at 154 trillion won ($104 billion).
