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OpenAI: Italy’s data watchdog looks into OpenAI tool that turns text into video

Italy's data protection agency said on Friday it had opened an investigation into a service developed by Microsoft-backed OpenAI that can generate videos based on text prompts.The regulator, known as Garante, asked OpenAI to clarify whether the way it informs users and non users about the data it employs for its product, known as Sora, is in line with European Union regulations.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science &…

Italy’s hard-right government may buy a stake in Stellantis

Fiat's new 2024 500e (source: Stellantis) Stellantis has been at odds with the Italian government for its lack of support in EV adoption and not backing home-grown brands Fiat and Alfa Romeo. But now Italy says it is open to buying a stake in Stellantis, Reuters reports, using the same model France uses for its beloved Renault. Italy has some of the oldest, most polluting cars in Europe, with some of the lowest EV adoption rates in Europe. The government, however, aims to change that…

Elon Musk and Italy’s Giorgia Meloni Form a Trans-Atlantic Bond

ROME—Elon Musk and Italian Prime Minister Giorgia Meloni have formed one of 2023’s more unlikely trans-Atlantic alliances.Behind their budding friendship lie common interests in political issues such as immigration and demographics, as well as in tech-sector regulation and the risks associated with artificial intelligence.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ROME—Elon Musk and Italian Prime Minister Giorgia Melonihave formed one of 2023’s more unlikely

meta: EU Commission examines Italy’s tax case against Meta

An Italian tax claim against Facebook parent Meta has been escalated to the EU Commission's VAT committee for evaluation, three sources with direct knowledge of the matter told Reuters, in a test case for how the tech sector is taxed.The U.S. corporation, which also owns the Instagram, WhatsApp and Oculus platforms, faces a potential tax bill of around 870 million euros ($954 million) in Italy after Milan prosecutors launched an investigation into the company on the basis of a tax police audit.Elevate Your Tech Prowess…

“Italy’s Most Handsome Man” Ditches Modeling And Acting To Become A Priest At 21

From “hot” to “holy”: that’s the tale Edoardo Santini has chosen to live by, as he recently joined a priesthood following a successful modeling career.The 21-year-old, who was once voted the most handsome man in Italy, reportedly quit his modeling job to become a priest.Edoardo was voted Italy’s most beautiful man in 2019, when he was 17, in a pageant organized by ABE, a fashion group, Daily Mail reported.The young adult had been honored with the title after taking part in the 40th edition of the national beauty contest…

Why Dave Stewart and Italy’s Pink Floyd Made a Modern Rock Opera – The Hollywood Reporter

At the beginning was a love story. Dave Stewart and his former life and stage partner, Annie Lennox, transformed their personal romance into fantastic, evergreen classics like “Sweet Dreams Are Made of This” and “Here Comes the Rain Again.” After their breakup, Stewart, working in parallel with his new solo career, cultivated his love of film by composing several soundtracks. Together with Mick Jagger and Daryl Hall, he co-wrote the theme song for the 1986 comedy Ruthless People and has…

Italy’s Mount Etna spews lava

Credit: contains modified Copernicus Sentinel data (2023), processed by ESA, CC BY-SA 3.0 IGO One of the world's most active volcanoes, Mount Etna, erupted on Sunday—spewing lava and clouds of ash high over the Mediterranean island of Sicily. This image, captured on 13 November by the Copernicus Sentinel-2 mission, has been processed using the mission's shortwave-infrared bands to show the lava flow at the time of…

Italy’s largest investment bank pledges to back UK fintech startups

London-based startup accelerator Founders Factory has gained a new partner in the form of Mediobanca. The Milan-based investment bank is looking to increase its presence in the UK, and has pledged €12mn to the joint venture.  Specifically, Mediobanca will be looking to back as many as 35 fintech startups that focus on technologies such as blockchain and artificial intelligence over the coming five years. However, it will also include early stage fintech startups in other parts of Europe. …

Puglia Is Becoming One of Italy’s Hottest Home Markets

By J.S. Marcus \ Photographs by Francesco Lastrucci for The Wall Street Journal June 14, 2023 12:01 am ETListen to article(2 minutes)In a shaded spot near his new swimming pool, Northern Italian architect Paolo Genta is taking stock of his Southern Italian dream project—a luxurious vacation compound, serving three generations of his extended Turin family, that he created in Puglia, the region running down the heel of Italy’s boot.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.

The End of Italy’s Real-Life ‘Succession’ – The Hollywood Reporter

It was like the episode in Succession when Logan Roy dies: The news arrived on everyone’s phones simultaneously. It interrupted business meetings and casual gatherings, and disrupted students taking exams and end-of-season playoff games. It arrived in our offices, in our homes, while we were waiting in the checkout line of the supermarket. “Berlusconi is dead.”  It was an arresting moment in everyone’s life, all over the country. Everyone’s first reaction was the same: Are you sure? Students living…