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Photograph: PA Wire"/><meta name="twitter:image" content="https://www.irishtimes.com/resizer/v2/37TJHJCFJMKIBG2BF3E53DPSHU.jpg?smart=true&auth=c76715720d89f007be79e5568653b5498421f7b050623d0520c2236d21acd82c&width=1200&height=630"/><meta name="twitter:image:alt" content="The code also compels platforms to enact age assurance controls. 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aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_sport"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/gaelic-games" aria-hidden="true" tabindex="-1">Gaelic Games</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/rugby" aria-hidden="true" tabindex="-1">Rugby</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/soccer" aria-hidden="true" tabindex="-1">Soccer</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/golf" aria-hidden="true" tabindex="-1">Golf</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/racing" aria-hidden="true" tabindex="-1">Racing</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/athletics" aria-hidden="true" tabindex="-1">Athletics</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/boxing" aria-hidden="true" tabindex="-1">Boxing</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/cycling" aria-hidden="true" tabindex="-1">Cycling</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/hockey" aria-hidden="true" tabindex="-1">Hockey</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/sport/tennis" aria-hidden="true" tabindex="-1">Tennis</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/your-money" aria-hidden="true" tabindex="-1">Your Money</a><button aria-expanded="false" aria-controls="header_sub_section_your-money" aria-label="Show Your Money sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_your-money"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/tags/pricewatch" aria-hidden="true" tabindex="-1">Pricewatch</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/budget/" aria-hidden="true" tabindex="-1">Budget 2025</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/crime-law" aria-hidden="true" tabindex="-1">Crime & Law</a><button aria-expanded="false" aria-controls="header_sub_section_crime-law" aria-label="Show Crime & Law sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_crime-law"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/crime-law/courts" aria-hidden="true" tabindex="-1">Courts</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/property" aria-hidden="true" tabindex="-1">Property</a><button aria-expanded="false" aria-controls="header_sub_section_property" aria-label="Show Property sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_property"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/property/residential" aria-hidden="true" tabindex="-1">Residential</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/property/commercial-property" aria-hidden="true" tabindex="-1">Commercial Property</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/property/interiors" aria-hidden="true" tabindex="-1">Interiors</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/food" aria-hidden="true" tabindex="-1">Food</a><button aria-expanded="false" aria-controls="header_sub_section_food" aria-label="Show Food sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_food"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/food/drink" aria-hidden="true" tabindex="-1">Drink</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/food/recipes" aria-hidden="true" tabindex="-1">Recipes</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/food/restaurants" aria-hidden="true" tabindex="-1">Restaurants</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/health" aria-hidden="true" tabindex="-1">Health</a><button aria-expanded="false" aria-controls="header_sub_section_health" aria-label="Show Health sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_health"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/health/your-family" aria-hidden="true" tabindex="-1">Your Family</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/health/your-fitness" aria-hidden="true" tabindex="-1">Your Fitness</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/health/your-wellness" aria-hidden="true" tabindex="-1">Your Wellness</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/health/your-fitness/get-running" aria-hidden="true" tabindex="-1">Get Running</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/life-style" aria-hidden="true" tabindex="-1">Life & Style</a><button aria-expanded="false" aria-controls="header_sub_section_life-style" aria-label="Show Life & Style sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_life-style"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/life-style/fashion" aria-hidden="true" tabindex="-1">Fashion</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/tags/beauty/" aria-hidden="true" tabindex="-1">Beauty</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/life-style/fine-art-antiques" aria-hidden="true" tabindex="-1">Fine Art & Antiques</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/life-style/gardening" aria-hidden="true" tabindex="-1">Gardening</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/life-style/people" aria-hidden="true" tabindex="-1">People</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/life-style/travel" aria-hidden="true" tabindex="-1">Travel</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/culture" aria-hidden="true" tabindex="-1">Culture</a><button aria-expanded="false" aria-controls="header_sub_section_culture" aria-label="Show Culture sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_culture"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/culture/art" aria-hidden="true" tabindex="-1">Art</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/culture/books" aria-hidden="true" tabindex="-1">Books</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/culture/film" aria-hidden="true" tabindex="-1">Film</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/culture/music" aria-hidden="true" tabindex="-1">Music</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/culture/stage" aria-hidden="true" tabindex="-1">Stage</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/culture/tv-radio" aria-hidden="true" tabindex="-1">TV & Radio</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/environment" aria-hidden="true" tabindex="-1">Environment</a><button aria-expanded="false" aria-controls="header_sub_section_environment" aria-label="Show Environment sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_environment"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/environment/climate-crisis" aria-hidden="true" tabindex="-1">Climate Crisis</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/technology" aria-hidden="true" tabindex="-1">Technology</a><button aria-expanded="false" aria-controls="header_sub_section_technology" aria-label="Show Technology sub sections" class="c-button c-button--medium c-button--default submenu-caret" type="button"><span><svg class="c-icon" width="20" height="20" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M256 416C247.812 416 239.62 412.875 233.38 406.625L41.38 214.625C28.88 202.125 28.88 181.875 41.38 169.375C53.88 156.875 74.13 156.875 86.63 169.375L256 338.8L425.4 169.4C437.9 156.9 458.15 156.9 470.65 169.4C483.15 181.9 483.15 202.15 470.65 214.65L278.65 406.65C272.4 412.9 264.2 416 256 416Z"></path></svg></span></button></div><div class="b-header-nav-chain__subsection-container "><ul class="b-header-nav-chain__subsection-menu" id="header_sub_section_technology"><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/technology/big-tech" aria-hidden="true" tabindex="-1">Big Tech</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/technology/consumer-tech" aria-hidden="true" tabindex="-1">Consumer Tech</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/technology/data-security" aria-hidden="true" tabindex="-1">Data & Security</a></li><li class="subsection-item" data-testid="nav-chain-subsection-item"><a class="c-link" href="/technology/gaming" aria-hidden="true" tabindex="-1">Gaming</a></li></ul></div></li><li class="section-item" data-testid="nav-chain-section-item"><div data-testid="nav-chain-section-item-subsection" class="c-stack b-header-nav-chain__subsection-anchor subsection-anchor " data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><a class="c-link" href="/science" aria-hidden="true" tabindex="-1">Science</a><button 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id="lazy_69578" class="lazy_container"><div class="b-flex-chain"><div class="b-flex-chain__grid-container b-flex-chain__grid-container__12 gap" style="--c-stack-gap:var(--global-spacing-0)"><div class="c-stack grid-item " data-style-direction="vertical" data-style-justification="start" data-style-alignment="unset" data-style-inline="false" data-style-wrap="nowrap"><div class="c-grid b-it-overline-block"><div class="c-stack wrap" data-style-direction="horizontal" data-style-justification="start" data-style-alignment="start" data-style-inline="false" data-style-wrap="nowrap" style="--c-stack-gap:0"><span class="c-stack b-it-overline-block__text" data-style-direction="horizontal" data-style-justification="center" data-style-alignment="center" data-style-inline="false" data-style-wrap="wrap"><a class="c-link false" href="/technology/big-tech/">Big Tech</a></span></div></div><h1 class="b-it-headline">New online safety code to protect children on social platforms including Facebook, YouTube and TikTok</h1></div></div></div></div><h2 class="b-it-subheadline "> Coimisiún na Meán’s code will affect all video-sharing platforms with EU headquarters in Ireland</h2></div><div class="c-grid b-it-right-rail-advanced__rail-container"><div class="c-stack b-it-right-rail-advanced__main-interior-item " data-style-direction="vertical" data-style-justification="start" data-style-alignment="unset" data-style-inline="false" data-style-wrap="nowrap"><div class="c-stack b-it-right-rail-advanced__main-interior-item-1" data-style-direction="vertical" data-style-justification="start" data-style-alignment="unset" data-style-inline="false" data-style-wrap="nowrap"><div class="c-grid b-it-lead-art__wrapper"><figure class="c-media-item b-it-lead-art"><div class="b-it-lead-art__image-wrapper" style="aspect-ratio:1024 / 633"><img data-chromatic="ignore" alt="The code also compels platforms to enact age assurance controls. Photograph: PA Wire" class="c-image b-it-lead-art__btn-full-screen-open" loading="eager" src="https://www.irishtimes.com/resizer/v2/37TJHJCFJMKIBG2BF3E53DPSHU.jpg?auth=c76715720d89f007be79e5568653b5498421f7b050623d0520c2236d21acd82c&smart=true&width=1024&height=633" srcSet="https://www.irishtimes.com/resizer/v2/37TJHJCFJMKIBG2BF3E53DPSHU.jpg?auth=c76715720d89f007be79e5568653b5498421f7b050623d0520c2236d21acd82c&smart=true&width=400&height=247 400w, https://www.irishtimes.com/resizer/v2/37TJHJCFJMKIBG2BF3E53DPSHU.jpg?auth=c76715720d89f007be79e5568653b5498421f7b050623d0520c2236d21acd82c&smart=true&width=440&height=271 440w, https://www.irishtimes.com/resizer/v2/37TJHJCFJMKIBG2BF3E53DPSHU.jpg?auth=c76715720d89f007be79e5568653b5498421f7b050623d0520c2236d21acd82c&smart=true&width=800&height=494 800w, https://www.irishtimes.com/resizer/v2/37TJHJCFJMKIBG2BF3E53DPSHU.jpg?auth=c76715720d89f007be79e5568653b5498421f7b050623d0520c2236d21acd82c&smart=true&width=1024&height=633 1024w, https://www.irishtimes.com/resizer/v2/37TJHJCFJMKIBG2BF3E53DPSHU.jpg?auth=c76715720d89f007be79e5568653b5498421f7b050623d0520c2236d21acd82c&smart=true&width=1440&height=890 1440w" sizes="(max-width: 400px) 400px, (max-width: 440px) 440px, (max-width: 800px) 800px, (max-width: 1024px) 1024px, (min-width: 1025px) 1440px" width="1024" height="633"/></div><figcaption class="c-media-item__fig-caption"><span class="c-media-item__caption">The code also compels platforms to enact age assurance controls. Photograph: PA Wire </span></figcaption></figure></div><div class="c-stack b-it-byline-block" data-style-direction="horizontal" data-style-justification="start" data-style-alignment="center" data-style-inline="false" data-style-wrap="nowrap"><div class="c-stack b-it-byline-block__text" data-style-direction="vertical" data-style-justification="start" data-style-alignment="start" data-style-inline="false" data-style-wrap="nowrap"><div class="author"><span class="author-name"><a class="c-link" href="/author/fiachra-gallagher/">Fiachra Gallagher</a></span></div><div class="b-it-byline-block__date">Mon Oct 21 2024 - 12:00</div></div></div><div class="c-grid b-it-social-share-block b-it-social-share-block__space-above"><div class="c-stack b-it-social-share-block__container" data-style-direction="horizontal" data-style-justification="start" data-style-alignment="start" data-style-inline="false" data-style-wrap="nowrap"><ul class="c-stack b-it-social-share-block__main-section main_section" 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width="48" height="48" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" fill="currentColor" aria-hidden="true" focusable="false"><path d="M448 192V77.25c0-8.49-3.37-16.62-9.37-22.63L393.37 9.37c-6-6-14.14-9.37-22.63-9.37H96C78.33 0 64 14.33 64 32v160c-35.35 0-64 28.65-64 64v112c0 8.84 7.16 16 16 16h48v96c0 17.67 14.33 32 32 32h320c17.67 0 32-14.33 32-32v-96h48c8.84 0 16-7.16 16-16V256c0-35.35-28.65-64-64-64zm-64 256H128v-96h256v96zm0-224H128V64h192v48c0 8.84 7.16 16 16 16h48v96zm48 72c-13.25 0-24-10.75-24-24 0-13.26 10.75-24 24-24s24 10.74 24 24c0 13.25-10.75 24-24 24z"></path></svg></a></li></ul></div></div></li></ul></div></div><article class="b-it-article-body article-body-wrapper article-sub-wrapper"><p class="c-paragraph breakout-left">The media regulator <a href="https://www.irishtimes.com/tags/coimisiun-na-mean/" target="_blank">Coimisiún na Meán</a> has published its online safety code, promising “an end to the era of social media self-regulation”.</p><p class="c-paragraph paywall">The code is a legally binding set of rules regulating content on video-sharing platforms with their EU headquarters in Ireland, with the expressed aim of protecting users from harmful content.</p><div id="arcad-feature-f0ffkTty6QNr1mi-3-4-8-2ba7206e54125" class="default__StyledAdUnit-sc-1moicrg-0 gKEhzJ arcad-feature"><div class="arcad-container width_100" style="max-width:300px"><div id="arcad_f0ffkTty6QNr1mi-3-4-8-2ba7206e54125" class="arcad ad-300x250"></div></div></div><p class="c-paragraph paywall">Facebook, Instagram, YouTube, TikTok, LinkedIn, X, Pinterest, Tumblr and Reddit will be obliged to comply with the new code, or face fines of up to €20 million, or 10 per cent of a platform’s annual turnover, whichever is greater.</p><p class="c-paragraph paywall">Speaking at a press conference on Monday, Niamh Hodnett, Coimisiún na Meán’s Online Safety Commissioner, said she hoped the new code would prompt “behavioural change” at social media platforms.</p><div id="fusion-static-enter:html-block-f0f1Ui2nzrty1pg-3-4-0" style="display:none" data-fusion-component="html-block-f0f1Ui2nzrty1pg-3-4-0"></div><div><div style="border-block-start: 4px solid var(--global-neutral-2);font-family:var(--font-family-secondary);font-weight: var(--c-heading-font-weight);font-size:1.1rem; padding-top:0.8rem;margin-top:2rem;">READ MORE</div></div><div id="fusion-static-exit:html-block-f0f1Ui2nzrty1pg-3-4-0" style="display:none" data-fusion-component="html-block-f0f1Ui2nzrty1pg-3-4-0"></div><div class="c-grid b-top-table-list"><div class="c-grid b-top-table-list-small-container b-top-table-list-small-container--2"><article class="c-grid b-top-table-list-small b-top-table-list-small--right"><h2 class="c-heading"><a class="c-link" href="/ireland/2024/12/03/ripie-removes-condolences-pages-for-padraig-nally-over-anti-traveller-comments/">RIP.ie removes condolences page for Padraig Nally over anti-Traveller comments</a></h2><a class="c-link" 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b-top-table-list-small b-top-table-list-small--right"><h2 class="c-heading"><a class="c-link" href="/opinion/2024/12/03/beneath-the-vote-for-stability-and-small-c-conservatism-darker-currents-are-stirring/">Beneath the vote for stability and small-c conservatism, darker currents are stirring</a></h2><a class="c-link" href="/opinion/2024/12/03/beneath-the-vote-for-stability-and-small-c-conservatism-darker-currents-are-stirring/" aria-hidden="true" tabindex="-1"><figure class="c-media-item"><img data-chromatic="ignore" alt="Beneath the vote for stability and small-c conservatism, darker currents are stirring" class="c-image" loading="lazy" src="https://www.irishtimes.com/resizer/v2/ZD3F2TKITRAL3LHCWXXSXKUUAE.jpg?focal=1540%2C894&auth=70f46531242b9bd90a1aa3af26081eec24633264fb0454071c7b7a3004de514d&width=800&height=533" srcSet="https://www.irishtimes.com/resizer/v2/ZD3F2TKITRAL3LHCWXXSXKUUAE.jpg?focal=1540%2C894&auth=70f46531242b9bd90a1aa3af26081eec24633264fb0454071c7b7a3004de514d&width=400&height=266 400w, https://www.irishtimes.com/resizer/v2/ZD3F2TKITRAL3LHCWXXSXKUUAE.jpg?focal=1540%2C894&auth=70f46531242b9bd90a1aa3af26081eec24633264fb0454071c7b7a3004de514d&width=600&height=399 600w, https://www.irishtimes.com/resizer/v2/ZD3F2TKITRAL3LHCWXXSXKUUAE.jpg?focal=1540%2C894&auth=70f46531242b9bd90a1aa3af26081eec24633264fb0454071c7b7a3004de514d&width=800&height=533 800w, https://www.irishtimes.com/resizer/v2/ZD3F2TKITRAL3LHCWXXSXKUUAE.jpg?focal=1540%2C894&auth=70f46531242b9bd90a1aa3af26081eec24633264fb0454071c7b7a3004de514d&width=1200&height=799 1200w" width="800" height="533"/></figure></a><hr class="c-divider"/></article></div></div><p class="c-paragraph paywall">“For too long, people have felt that the online world was the Wild West, or there are no effective measures in place [to tackle harmful content].</p><p class="c-paragraph paywall">“We’ll be overseeing the platforms to ensure that they’re complying with those obligations, and we can hold them to account where they don’t,” she said.</p><div id="arcad-feature-f0fF3YXEzrty1PE-3-4-3-1e9bb5905e7b0d" class="default__StyledAdUnit-sc-1moicrg-0 gKEhzJ arcad-feature"><div class="arcad-container width_100" style="max-width:550px"><div id="arcad_f0fF3YXEzrty1PE-3-4-3-1e9bb5905e7b0d" class="arcad ad-550x250"></div></div></div><p class="c-paragraph paywall">Content constituting cyberbullying, promoting self-harm or suicide and promoting eating or feeding disorders, incitement to hatred or violence, terrorism, child sex abuse material, racism and xenophobia is prohibited under the code.</p><p class="c-paragraph paywall">The code also compels platforms to enact age assurance controls where appropriate – including the prevention of children encountering pornography or gratuitous violence.</p><p class="c-paragraph paywall">The code does not mandate a particular age verification method, although self-declaration alone “is not sufficient” to comply with its rules, Ms Hodnett said.</p><p class="c-paragraph paywall">Platforms must also offer users channels whereby they can report breaches of the code, and must subsequently act on those reports.</p><p class="c-paragraph paywall">General obligations of the code will come into effect from next month, but platforms will enjoy a grace period before some more detailed provisions are enforced.</p><p class="c-paragraph paywall">Coimisiún na Meán will take a “supervisory approach” to enforcing the code, according to the regulator, “ensuring that platforms implement appropriate systems to comply with the provisions of the code”.</p><div id="arcad-feature-f0fyRwJHzrty1c0-3-4-4-471d9f0ed2993" class="default__StyledAdUnit-sc-1moicrg-0 gKEhzJ arcad-feature"><div class="arcad-container width_100" style="max-width:550px"><div id="arcad_f0fyRwJHzrty1c0-3-4-4-471d9f0ed2993" class="arcad ad-550x250"></div></div></div><p class="c-paragraph paywall">John Evans, Coimisiún na Meán’s Digitial Services Commissioner, said the regulator’s role was to ensure that platforms operate mechanisms where content can be reported by users.</p><p class="c-paragraph paywall">Ms Hodnett said all platforms engaged with Coimisúin na Meán during the development of the code, but noted that “engagement is a very different matter to compliance”.</p><p class="c-paragraph paywall">Tumblr and Reddit both challenged the regulator’s decision to subject them to the new rules outlined by the code, but the High Court in June threw their separate cases out. Ms Hodnett said Reddit is currently appealing that decision in the Court of Appeal.</p><p class="c-paragraph paywall">Una Fitzpatrick, director of Ibec’s Technology Ireland interest group, said the tech industry “strongly supports a co-regulatory approach to achieve the protection of all users, including children and young people, from harmful online content”.</p><p class="c-paragraph paywall">A spokeswoman for TikTok said: “We welcome Coimisiún na Meán’s adoption of the Online Safety Code.”</p><p class="c-paragraph paywall">Taoiseach Simon Harris said the new code will send “a strong message to social media platforms that they will be held accountable for how they protect those who use their sites from harmful video content”.</p><div id="arcad-feature-f0fwSQ7Kzrty1K7-3-4-5-1e7bf6f52ca87d" class="default__StyledAdUnit-sc-1moicrg-0 gKEhzJ arcad-feature"><div class="arcad-container width_100" style="max-width:550px"><div id="arcad_f0fwSQ7Kzrty1K7-3-4-5-1e7bf6f52ca87d" class="arcad ad-550x250"></div></div></div><p class="c-paragraph paywall">Minister for Media Catherine Martin said in a statement that the adoption of the code is a “major step forward in online safety”.</p><p class="c-paragraph paywall">The online safety code was developed following the enactment of the Online Safety and Media Regulation Act 2022. 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promising “an end to the era of social media self-regulation”.","type":"text"},{"_id":"EBVD2UVA6BEUZEBCH4EG2RLXIA","additional_properties":{"_id":1729509010756,"comments":[],"inline_comments":[]},"content":"The code is a legally binding set of rules regulating content on video-sharing platforms with their EU headquarters in Ireland, with the expressed aim of protecting users from harmful content.","type":"text","paywall":"paywall"},{"_id":"ILSCN65L7JBBRBYHXLGA3WMZZI","additional_properties":{"_id":1729507746853,"comments":[],"inline_comments":[]},"content":"Facebook, Instagram, YouTube, TikTok, LinkedIn, X, Pinterest, Tumblr and Reddit will be obliged to comply with the new code, or face fines of up to €20 million, or 10 per cent of a platform’s annual turnover, whichever is greater.","type":"text","paywall":"paywall"},{"_id":"EPQFLDE3DBHULIPDWLHYJ4R3XQ","additional_properties":{"_id":1729531115405,"comments":[],"inline_comments":[]},"content":"Speaking at a press conference on Monday, Niamh Hodnett, Coimisiún na Meán’s Online Safety Commissioner, said she hoped the new code would prompt “behavioural change” at social media platforms.","type":"text","paywall":"paywall"},{"_id":"2LNBSX2LIREOJM3U4DRW6IKW4A","additional_properties":{"_id":1729507746854,"comments":[],"inline_comments":[]},"content":"“For too long, people have felt that the online world was the Wild West, or there are no effective measures in place [to tackle harmful content].","type":"text","paywall":"paywall"},{"_id":"RT7OZALIDFECRI3C6VRZSAPFOI","additional_properties":{"_id":1729531115407,"comments":[],"inline_comments":[]},"content":"“We’ll be overseeing the platforms to ensure that they’re complying with those obligations, and we can hold them to account where they don’t,” she said.","type":"text","paywall":"paywall"},{"_id":"TJPLNVBTOFARFLENX52GYBJIIM","additional_properties":{"_id":1729507746855,"comments":[],"inline_comments":[]},"content":"Content constituting cyberbullying, promoting self-harm or suicide and promoting eating or feeding disorders, incitement to hatred or violence, terrorism, child sex abuse material, racism and xenophobia is prohibited under the code.","type":"text","paywall":"paywall"},{"_id":"P2EOK2CQKJG55GASVBZHCSJR3M","additional_properties":{"_id":1729507746856,"comments":[],"inline_comments":[]},"content":"The code also compels platforms to enact age assurance controls where appropriate – including the prevention of children encountering pornography or gratuitous violence.","type":"text","paywall":"paywall"},{"_id":"OWJZDJUL3NHCNAMTZIJFF2KYEI","additional_properties":{"_id":1729531115410,"comments":[],"inline_comments":[]},"content":"The code does not mandate a particular age verification method, although self-declaration alone “is not sufficient” to comply with its rules, Ms Hodnett 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The company also is slashing roughly 15,000 jobs and suspended its decades-old dividend – part of attempts to conserve cash and keep Mr Gelsinger’s turnaround plan on track.","type":"text"},{"_id":"2SI43RUNANEY7KWDQLACBNJSXE","additional_properties":{"_id":1733232717566},"content":"If the new CEO goes ahead with a bigger shake-up, these are deal ideas that Intel could revisit:","type":"text"},{"_id":"4W3EG2O5EFEKBP3YQHJXWARYDE","additional_properties":{"_id":1733232717567},"content":"Splitting Factory and Product Divisions","type":"header"},{"_id":"P2RN7DQSQFGKVEVPBWE35ZUHLI","additional_properties":{"_id":1733232717568},"content":"This would involve fully separating Intel’s factory business from the more profitable unit that develops products. 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And the move would complicate Intel’s ability to get $7.9 billion in federal grants under the US Chips and Science Act, a law aimed at revitalising domestic chip production.","type":"text"},{"_id":"AA6NXSYZQFHWFBIEFBMVJZQB5Q","additional_properties":{"_id":1733232717573},"content":"Lure a Suitor Like Qualcomm","type":"header"},{"_id":"4LKVZPD3WZE3ZMS5EYXVSFAGTI","additional_properties":{"_id":1733232717574},"content":"Qualcomm considered an Intel acquisition, but its interest had cooled as of last week. The complexities associated with acquiring all of Intel made a deal less attractive, people familiar with the matter said at the time.","type":"text"},{"_id":"7OHG4KLFYBEV3B2LLGOSNJMN2A","additional_properties":{"_id":1733232717575},"content":"But Qualcomm could consider buying pieces of Intel, such as the product business. Broadcom previously assessed whether to pursue an Intel deal, but it didn’t move ahead with talks.","type":"text"},{"_id":"4V4RIC6WO5CF3KEQ3Y5DVY6HQE","additional_properties":{"_id":1733232717577},"content":"Any big chip merger also would face regulatory hurdles around the world.","type":"text"},{"_id":"ROMXV4ZMZFG5VJATNTUIC33OQQ","additional_properties":{"_id":1733232717578},"content":"Selling Altera","type":"header"},{"_id":"I5YYENQSTNFTZMHTIVZCH24DTM","additional_properties":{"_id":1733232717579},"content":"Intel’s Altera unit, acquired in 2015 for about $17 billion (€16.2 billion), makes chips that can be reprogrammed for different uses after they’re manufactured. Intel has held negotiations about selling a portion of the business to financial investors, a potential step toward an initial public offering for the unit.","type":"text"},{"_id":"RPI4KPSPXZGXBNSOIT76OZ5S5Q","additional_properties":{"_id":1733232717580},"content":"Buyout firms have been studying offers to invest in Altera, while Lattice Semiconductor was considering making an offer for all of Altera. Lattice is working with advisers and is seeking a private equity backer as it explores a potential bid, people familiar with the process said.","type":"text"},{"_id":"Y3O522GXERALNEJN34Z2NCONDI","additional_properties":{"_id":1733232717581},"content":"Unloading the entirety of Altera could have fresh momentum under a new Intel CEO.","type":"text"},{"_id":"T5BKXJP3HRDENDZVRJUL23VJPU","additional_properties":{"_id":1733232717582},"content":"An Apollo Investment","type":"header"},{"_id":"6P2SQDNPM5BDFGGKVBPD6J6LQE","additional_properties":{"_id":1733232717583},"content":"Apollo offered to make a multibillion-dollar investment in Intel earlier this year. The New York-based firm indicated that it would be willing to make an equity-like investment of as much as $5 billion, but negotiations didn’t lead to an announcement.","type":"text"},{"_id":"QMDG2NB5HBFFTJUTPPWWNEONPA","additional_properties":{"_id":1733232717584},"content":"Apollo has an existing relationship with Intel. The firm agreed in June to buy a stake in a venture that controls the Intel Irish chip plant in Leixlip, Co Kildare for $11 billion. That makes it more likely that the partners will engage in further talks.","type":"text"},{"_id":"5JZXHATGI5AMTKNLRMCZX5KQJM","additional_properties":{"_id":1733232717585},"content":"A Mobileye Transaction","type":"header"},{"_id":"LQFA5RSTNRABPGHOZRLJ6C7KKA","additional_properties":{"_id":1733232717586},"content":"Intel acquired Mobileye, a maker of self-driving technology, in 2017. Though the business went public in 2022, Intel still owns most of the company. That situation has the potential to change under a new CEO.","type":"text"},{"_id":"LF3BHOGTB5D7ZOS2WE46PYYJGU","additional_properties":{"_id":1733232717587},"content":"While Intel said in September it isn’t “currently” planning to divest its majority stake in Mobileye, Intel could offload some of the stake in the public market or via a sale to a third party, people familiar with the discussions said. In any case, it’s unlikely to be a winning investment for Intel, which paid about $15 billion for Mobileye. The company currently has a market value of $14.1 billion. – Bloomberg","type":"text"}],"content_restrictions":{"content_code":"metered"},"credits":{"by":[]},"description":{"basic":"Pat Gelsinger, who stepped down as CEO on Monday, was said to be against breaking up the chip giant"},"display_date":"2024-12-03T13:41:16.734Z","headlines":{"basic":"Intel’s CEO departure opens door to fresh deal discussions","native":""},"label":{"audio_project_id":{"text":"5469"}},"promo_items":{"basic":{"_id":"6NZARQQO6BEJ4BN67EAIGLB6JA","auth":{"1":"0fc932c9b233466b486af7c5aef4cf3969f5033b372145bcc161417b681c386f"},"url":"https://cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/6NZARQQO6BEJ4BN67EAIGLB6JA.jpg"}},"subtype":"default","taxonomy":{"sections":[{"name":"Business"},{"name":"Technology"},{"name":"Big Tech"}]},"type":"story","website_url":"/business/2024/12/03/intels-ceo-departure-opens-door-to-fresh-deal-discussions/","websites":{"irishtimes":{"website_section":{"_id":"/business","additional_properties":{"original":{}},"name":"Business"}}}},{"_id":"2OQR7CBXXBC4VERQNCV64RMYQM","additional_properties":{"audio_duration":284,"audio_url":"https://beyondwords-h0e8gjgjaqe0egb7.a03.azurefd.net/audio/projects/5469/podcasts/da0a54f3-407a-4561-9bbd-f8bc8e807c63/versions/1733161759/media/0467ea75e2dc8e6a2c159ca1d5c385b5_compiled.mp3"},"canonical_url":"/business/2024/12/02/intel-chief-pat-gelsinger-to-quit-with-us-chipmaker-in-crisis/","content_elements":[{"_id":"SQIR5NDCTFCUXPPLOV6NZAIQVQ","additional_properties":{"_id":1733153067417},"content":"Pat Gelsinger is to stand down as Intel chief executive, deepening the crisis at the once-dominant US chipmaking group, which has fallen behind rivals such as Nvidia.","type":"text"},{"_id":"FAQ6KOYCZJHD7H4OMXR7NKYUA4","additional_properties":{"_id":1733153067418},"content":"The California-based company said on Monday that the 63-year-old would be replaced by chief financial officer David Zinsner and executive vice-president Michelle Johnston Holthaus, who will be interim chief executives until a permanent appointment is made.","type":"text"},{"_id":"7TTJN37KBBDG3GI4JKKB7DSZ4M","additional_properties":{"_id":1733153067419},"content":"Mr Gelsinger described the decision as “bittersweet”, adding that it had been “a challenging year for all of us as we have made tough but necessary decisions to position Intel for the current market dynamics”.","type":"text"},{"_id":"N6BQUGWRVJGULCQJHMJR7ER7HI","additional_properties":{"_id":1733153067420},"content":"Appointed chief executive in 2021, Mr Gelsinger was more than three years into his five-year plan to turn Intel into a chipmaking powerhouse to rival Taiwan Semiconductor Manufacturing Company.","type":"text"},{"_id":"YHTXTGDQ6NA3VITTLUK2REYCAY","additional_properties":{"_id":1733153067421},"content":"Under his direction, the group announced plans to build new factories in the United States and Europe, sought to catch up with the most advanced manufacturing processes, and separated the company’s chip design business from its manufacturing arm.","type":"text"},{"_id":"KZBT4QQL4FAE3GOFZ4LPKLV5K4","additional_properties":{"_id":1733158442975},"content":"But the strategy had come under increasing pressure, with the company rocked by the departures of executives, thousands of lay-offs and a plunging share price.","type":"text"},{"_id":"2ENRM6U3OBCQXNFYSVBFYRTQNY","additional_properties":{"_id":1733159637895},"content":"That has hit its Irish operations in Leixlip, Co Kildare, where the company recently invested $17 billion (€16.2 billion) in a new cutting-edge chip manufacturing plant, Fab 34, doubling the tech giant’s Irish manufacturing space and taking on 1,600 extra staff.","type":"text"},{"_id":"DQGVEDJPHBDIJHCLUCBUEBQHHI","additional_properties":{"_id":1733159637896},"content":"Intel is one of Ireland’s major employers, with more than 5,000 staff here. But in the past couple of years, the company has implemented a number of cost-cutting measures that hit benefits such as free food and car allowances, and reduced jobs at the chip giant’s Irish operations.","type":"text"},{"_id":"6H6F4VTUXRBJBH7P5MRBDEPFJA","additional_properties":{"_id":1733159637897},"content":"In August, the company said it would seek cost cutting of about €10 billion before the end of 2025, with a number of redundancies sought at the Irish operation as part of a 15 per cent cut being sought companywide.","type":"text"},{"_id":"PSQIB3R6FBCEXL5LLDWI4IO7WE","additional_properties":{"_id":1733159637898},"content":"In September, Intel said it would close its research and development facility at Shannon next year, moving the base for the operation to Kildare and offering staff there the same early retirement and redundancy options open to staff in Kildare.","type":"text"},{"_id":"6UAQOKOHAVGTRNKXZJRH42SW5E","additional_properties":{"_id":1733159637899},"content":"That followed the loss of 130 jobs in the previous round of cuts announced in 2022, and a voluntary, unpaid scheme that allowed staff to take up to three months off work before returning to their position.","type":"text"},{"_id":"XC6ZXRASWNGRLICZXC2UIRWCKQ","additional_properties":{"_id":1733158442976},"content":"Over the past year, Intel’s share price has dropped more than 40 per cent, falling to a market capitalisation of just over $103.7 billion. By contrast, shares in Nvidia, which has cornered the market for cutting-edge AI chips, have risen more than 200 per cent over the same period, reaching a market cap of $3.35 trillion. Intel’s share price jumped almost 4 per cent in pre-market trading following the news of Mr Gelsinger’s retirement.","type":"text"},{"_id":"3WZLNWQKXNC2DKLHTE3DQ3UBBE","additional_properties":{"_id":1733153067422},"content":"In October, Intel announced $18.7 billion in restructuring and asset impairment charges in its latest effort to rebuild its competitiveness.","type":"text"},{"_id":"N5R5XU5JVJD5TLMCY5D6TQJGAE","additional_properties":{"_id":1733153067423},"content":"The charges included $2.8 billion of expenses tied to a previously announced reorganisation and cost-cutting programme designed to cut spending by $10 billion a year. Intel also took $15.9 billion of impairment charges on equipment and goodwill writedowns.","type":"text"},{"_id":"FKBHJIFXDBGOTFRBAJNSD46M24","additional_properties":{"_id":1733153067424},"content":"Attention had recently turned to Mr Gelsinger’s relationship with his board, from which Lip-Bu Tan resigned in August. The former chief executive of chip design software company Cadence had been charged with overseeing its crucial chip manufacturing strategy.","type":"text"},{"_id":"GFREMOZQPJCWPGHBE4TB3YBDUY","additional_properties":{"_id":1733158442980},"content":"As part of the changes announced on Monday, Ms Johnston Holthaus will take a newly created position as chief executive of Intel Products, a unit that encompasses its AI, data centre and client computing groups.","type":"text"},{"_id":"ZDPJ5N2OQJDK3PJZPQYO5DLANA","additional_properties":{"_id":1733158442981},"content":"Frank Yeary, who was independent chairman of Intel’s board but will become interim executive chairman as it looks for a new chief, added: “While we have made significant progress in regaining manufacturing competitiveness and building the capabilities to be a world-class foundry, we know that we have much more work to do at the company and are committed to restoring investor confidence.","type":"text"},{"_id":"3CDDC4DMYZFERFJI3FW4MCPMLA","additional_properties":{"_id":1733158442982},"content":"“As a board, we know first and foremost that we must put our product group at the centre of all we do,” he said. “Our customers demand this from us, and we will deliver for them.” – Copyright The Financial Times Limited 2024","type":"text"},{"_id":"PLTYPSNAUVHZDFYXG64AMI2WEU","additional_properties":{},"type":"list"}],"content_restrictions":{"content_code":"metered"},"credits":{"by":[{"additional_properties":{"original":{}},"name":"Oliver Ralph"}]},"description":{"basic":"Semiconductor company appoints interim co-chiefs while it searches for a permanent replacement"},"display_date":"2024-12-02T16:04:36.06Z","headlines":{"basic":"Intel chief Pat Gelsinger to quit with US chipmaker in crisis","native":""},"label":{"audio_project_id":{"text":"5469"}},"promo_items":{"basic":{"_id":"7FKHTRMLN2DCT2JFNG56HUUILI","auth":{"1":"84be884323a3008b0208b30905b9660bd1c03601795a31ad1858457aed627e57"},"url":"https://cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/7FKHTRMLN2DCT2JFNG56HUUILI.jpg"}},"subtype":"default","taxonomy":{"sections":[{"name":"Business"},{"name":"Technology"},{"name":"Big Tech"}]},"type":"story","website_url":"/business/2024/12/02/intel-chief-pat-gelsinger-to-quit-with-us-chipmaker-in-crisis/","websites":{"irishtimes":{"website_section":{"_id":"/business","additional_properties":{"original":{}},"name":"Business"}}}},{"_id":"L7UAWO2XCFFXBF75HM325BVUKQ","additional_properties":{"audio_duration":352,"audio_url":"https://beyondwords-h0e8gjgjaqe0egb7.a03.azurefd.net/audio/projects/5469/podcasts/9ae2b7c1-a515-46df-8b73-008ae28b78f8/versions/1732971362/media/5931a31ee8092d9c150b4d537b2dd6a5_compiled.mp3"},"canonical_url":"/opinion/2024/12/02/its-cool-isnt-a-good-reason-for-scientists-to-develop-harmful-technologies/","content_elements":[{"_id":"43STSW4R55BGNCLVUIPKQD3Q74","additional_properties":{"_id":1732616896268},"content":"The device on which you may be reading this owes its existence to an experiment roughly 55 years ago. A <a href=\"https://www.bbc.com/future/article/20241028-the-failure-that-started-the-internet\" target=\"_blank\">team of university researchers</a>, with some funding from the United States department of defence, established a connection between two computers 560km apart in the US. It was the first demonstration of the Arpanet, what would become the internet – a technology that was revolutionised in 1989 when English scientist <a href=\"https://www.irishtimes.com/tags/tim-berners-lee/\" target=\"_blank\">Tim Berners-Lee</a> not only created the world wide web, but gave his invention away for free.","type":"text"},{"_id":"4Z3OVTJ2ZNCE3OINXEVNPHPOIM","additional_properties":{"_id":1732666779198},"content":"This kind of innovation now seems lost forever. Scientific research has been overwhelmingly privatised. The 1980 US Bayh-Dole Act, which allowed private firms to patent inventions that were created with public funds, is regarded as a key turning point. Gradually, intellectual property – like other types of property – has become concentrated in the hands of the super-wealthy. From healthcare and energy security to space exploration and the new frontier of <a href=\"https://www.irishtimes.com/tags/artificial-intelligence/\" target=\"_blank\">artificial intelligence</a> (AI), multibillionaire tech moguls have become gatekeepers of scientific discovery. (Discovery on their own – profitable – terms, naturally.)","type":"text"},{"_id":"JVN2C4OCLRAVLE5NE6WWI4UQPM","additional_properties":{"_id":1732616896272},"content":"What’s more, they can rely on what philosopher of science Heather Douglas calls<b> </b>the “old social contract for science” to minimise accountability for their actions. This “contract” is based on three assumptions. First, that basic science (like splitting the atom) should be distinguished from applied research (like developing an atomic bomb). Second, that scientists doing basic, or “pure”, research are free from responsibility. And third, that public funding should go to basic science, regardless of how industries use scientific discoveries.","type":"text"},{"_id":"VKTX6U7MZNCJ5LXHVIRMRYB4QM","additional_properties":{"_id":1732616896274},"content":"This “old contract” – tacitly accepted in the western world since the industrial revolution – was always self-serving for scientists. It allowed people like <a href=\"https://www.irishtimes.com/tags/j-robert-oppenheimer/\" target=\"_blank\">J Robert Oppenheimer</a> to race to develop nuclear weapons with a supposedly clear conscience. But it was also naive, allowing capitalist “innovators” to use the blanket of science to cover up social harms.","type":"text"},{"_id":"PLEB2ATVYBD2BAJ36PKNKZJCUY","additional_properties":{"_id":1732616896275},"content":"You might think <a href=\"https://www.irishtimes.com/tags/jeff-bezos/\" target=\"_blank\">Jeff Bezos</a>, the world’s second-richest man, has lined his pockets on back of union-busting activities and ruthlessly crushing independent retailers. But the executive chairman of Amazon <a href=\"https://www.theguardian.com/technology/2021/feb/03/jeff-bezos-and-the-world-amazon-made\" target=\"_blank\">reveals in his memoir</a> that he wants to be known as “inventor Jeff Bezos”, likening himself to a modern-day Thomas Edison.","type":"text"},{"_id":"62GKI2IF6FAAHNL22AASQG5TUM","additional_properties":{"_id":1732616896276},"content":"<a href=\"https://www.irishtimes.com/tags/elon-musk/\" target=\"_blank\">Elon Musk</a>, the world’s richest man, also likes to portray himself as a scientific frontiersman for whom traditional rules do not apply. He is leading the charge to Mars, designing bulletproof cars for Earth, and reinventing democracy – all in one go. His nutty professor act – “I’m dark gothic Maga!” – is a great way of deflecting attention from corporate responsibilities.","type":"text"},{"_id":"AZ3B65D32ZAX3DX4KWCEXY35UY","additional_properties":{"_id":1732616896277},"content":"<a href=\"https://www.irishtimes.com/tags/sam-altman/\" target=\"_blank\">Sam Altman</a> – chief executive of Open AI, the company behind ChatGPT – has been more direct in exploiting the “old social contract” for profit. Government policy should come “downstream of the science”, he said <a href=\"https://www.hbs.edu/bigs/tech-policy-works-best-downstream\" target=\"_blank\">in an interview</a> earlier this year. Relying on the distinction between pure and applied research, he argues that oversight should be limited to something like “the equivalent of weapons inspectors” for AI.","type":"text"},{"_id":"HN3CVRQ4FNE6HCVJV3NGKUK2QQ","additional_properties":{"_id":"JHCWPQLTMFFJTI3FWAVASA3ZDI"},"content":"We are up to our necks in a rising tide of AI-generated slop","type":"interstitial_link"},{"_id":"DLES4L3ARJFWFCU3SJ3XBLX6KI","additional_properties":{"_id":1732616896278},"content":"Just how committed either he or other tech entrepreneurs would be to even this level of supervision is unclear, given Altman had previously <a href=\"https://www.reuters.com/technology/openai-ceos-threat-quit-eu-draws-lawmaker-backlash-2023-05-25/\" target=\"_blank\">threatened to cease OpenAI operations</a> in Europe because of the European Union’s relatively timid new AI rules.","type":"text"},{"_id":"BTS4SY2EFRBFPJKF5XYTHL5ZMM","additional_properties":{"_id":1732616896279},"content":"“Scientists cannot operate in a responsibility-free manner,” says Douglas, who is calling for a “new social contract for science”.","type":"text"},{"_id":"KCUIJ74LGZH23HCTLWWVKRCGYI","additional_properties":{"_id":"3FYF26MI6NCDVPZNSVMLFKDJ5A"},"type":"image"},{"_id":"QMTLGFJZUNCYRN6M2U6YEB7DBQ","additional_properties":{"_id":1732616896280},"content":"Accountability mechanisms should be tied to “clear and precise responsibility floors”, she told The Irish Times on a visit to Dublin recently for a <a href=\"https://peritia-trust.eu/\" target=\"_blank\">conference on science and democracy</a> hosted by the UCD school of philosophy. The main floor she would set is “don’t make the world worse”.","type":"text"},{"_id":"L7GVT4IXPZA27JL2DMCU7RFVTY","additional_properties":{"_id":"ZIZDBCMWWZHT3L634RA42B7GPM"},"content":"Consequences of making AI central to legal decision-making ‘terrifying’, says human rights commissioner","type":"interstitial_link"},{"_id":"TNRN763W2VGRDOPZJDFH3PNTRY","additional_properties":{"_id":1732629072631},"content":"Applying such standards would allow us to judge something like generative AI, the technology behind ChatGPT and similar tools designed to mimic human functions. While it may prove to be useful in “narrow” applications like cancer screening, Douglas says: “the overwhelming uses tend to be harmful, from generative ‘deep fake’ porn, revenge porn, to generative ‘deep fake’ political ads ... There are so many harms, and the benefits are not coming to fruition, partly because the levels of hallucination [nonsensical or inaccurate outputs] are so high.","type":"text"},{"_id":"EM6AE5G7VZDL5BTULA763RSRBQ","additional_properties":{"_id":1732616896282},"content":"“I think it’s really up to the scientists who are pushing these things to make arguments that this technology is actually beneficial – not just ‘I think it’s cool’ – and, if not, there is no reason why we can’t just shut them down.”","type":"text"},{"_id":"ZCPTF7DR4BGOJCDLGU3MRVSPRQ","additional_properties":{"_id":1732629072633},"content":"Regulating generative AI is important in its own right, but it also matters because it is a dummy run for what is being billed the existential threat of artificial general intelligence (AGI). This goes beyond mimicking human intelligence to conquering it: humans will be in a position to AI as we are to non-human animals. <a href=\"https://www.irishtimes.com/tags/geoffrey-hinton/\" target=\"_blank\">Geoffrey Hinton</a>, the “godfather of AI” who shared this year’s Nobel Prize for physics, says AGI “<a href=\"https://www.cbsnews.com/video/godfather-of-artificial-intelligence-talks-impact-and-potential-of-new-ai/\" target=\"_blank\">may be fewer than 20 years away</a>”.","type":"text"},{"_id":"4YPAJJFTZZAM5GHOJVQOM2UXJU","additional_properties":{"_id":1732629072634},"content":"Hinton – who has <a href=\"https://fortune.com/2024/10/09/openai-sam-altman-geoffrey-hinton-nobel-prize-physics-ilya-sutskever-toronto/\" target=\"_blank\">publicly questioned Altman’s fitness to run OpenAI</a> – says scientists need to be protected from themselves. When challenged on the threats posed by AI while he was working for Google, he used to paraphrase Oppenheimer: “When you see something that is technically sweet, you go ahead and do it.” Hinton no longer says this, admitting he didn’t take ethical concerns seriously enough at Google.","type":"text"},{"_id":"VTOBZW7YBBBMBPZOGSYDXUVHVU","additional_properties":{"_id":1732616896285},"content":"“I think the old contract really undermined public trust in science by embracing a model of responsibility-free,” says Douglas. “Why should the public trust a scientific community who don’t care about the impact of their science on society?”","type":"text"}],"content_restrictions":{"content_code":"premium"},"credits":{"by":[{"additional_properties":{"original":{"byline":"Joe Humphreys"}},"name":"Joe Humphreys"}]},"description":{"basic":"Unthinkable: Regulating generative AI is important in its own right, but it’s also a dummy run for the existential threat of artificial general intelligence. This will go beyond mimicking human intelligence to conquering it"},"display_date":"2024-12-02T05:45:00Z","headlines":{"basic":"‘It’s cool’ isn’t a good reason for scientists to develop harmful technologies ","native":""},"label":{"audio_project_id":{"text":"5469"}},"promo_items":{"basic":{"_id":"TDRHP62B55BYHHIP6V4QXKQQYI","auth":{"1":"ebc2066c1428e79ae63ee105af61864106f0b030bc440fe9048135fd865d24f1"},"focal_point":{"x":687,"y":279},"url":"https://cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/TDRHP62B55BYHHIP6V4QXKQQYI.JPG"}},"subtype":"columnist","taxonomy":{"sections":[{"name":"Opinion"},{"name":"Technology"},{"name":"Big Tech"},{"name":"Science"}]},"type":"story","website_url":"/opinion/2024/12/02/its-cool-isnt-a-good-reason-for-scientists-to-develop-harmful-technologies/","websites":{"irishtimes":{"website_section":{"_id":"/opinion","additional_properties":{"original":{}},"name":"Opinion"}}}},{"_id":"HJK7J3M6ZBHHFE7H7WCEBLGLYM","additional_properties":{"audio_duration":123,"audio_url":"https://d22tbkdovk5ea2.cloudfront.net/audio/projects/5469/podcasts/8b58db40-b724-4e5f-a1a6-c592839c459e/versions/1732881865/media/5a4a45212b97b71ec1c9144d242755d0_compiled.mp3"},"canonical_url":"/your-money/2024/12/01/builder-knows-best-the-apple-gamble-that-paid-off-big/","content_elements":[{"_id":"EVS7MNK35JDP7DNHI3VHOI2M5U","additional_properties":{"_id":1732877896611},"content":"Are stock tips from random builders the secret to stock market fortunes? Apparently so, in the case of American football star Rob Gronkowski, who has been in the headlines after talking about his “best investment” – a $69,000 bet on Apple in 2014 that is now worth over $600,000.","type":"text"},{"_id":"5PRNIPEMXBBYDFTKQ4JO4XTJRE","additional_properties":{"_id":1732881346695},"content":"The NFL star got the tip from his housebuilder, who told him Apple was “where it’s at”. After repeated urgings to “get Apple”, Gronkowski decided to “go big”, instructing his financial adviser to buy $69,000 worth of stock.","type":"text"},{"_id":"WGP7QGPASNAABB5AY4WR3GZKDQ","additional_properties":{"_id":1732881346696},"content":"He soon forgot about the purchase, before discovering over two years later that his shareholding was worth about $250,000. He took some profits, but let most of his position run.","type":"text"},{"_id":"3NTS7BCFDNCZRLIVPETYO3ASMM","additional_properties":{"_id":1732881346697},"content":"Gronkowski admits he had “no idea” what he was doing, but that didn’t stop CNBC publishing a piece suggesting that his strategy “mirrored Warren Buffett’s”. Berkshire Hathaway’s $31 billion purchase of Apple shares in 2016 wasn’t Buffett’s idea, noted CNBC, but that of his lieutenant, Ted Weschler (disclosure: I own shares in Berkshire).","type":"text"},{"_id":"UNWD2ZAEZJE2HPCPJDDBM5QCUA","additional_properties":{"_id":1732881346698},"content":"Additionally, Gronkowski’s forgetfulness is “not far off” Buffett’s advice to everyday investors to buy and hold for the long term, ignoring short-term movements.","type":"text"},{"_id":"4PBD3XO4QZDOXPCZXPBQUYEHQY","additional_properties":{"_id":1732881346699},"content":"Is this a stretch? Perhaps. The real moral of the story: you can sometimes make lots of money doing stupid things. Countless studies confirm that acting on stock tips, whether from analysts, financial magazines, or investment newsletters, is a bad idea. Perhaps tips from builders are different, but don’t bet on it.","type":"text"},{"_id":"PLTYPSNAUVHZDFYXG64AMI2WEU","additional_properties":{},"type":"list"}],"content_restrictions":{"content_code":"metered"},"credits":{"by":[{"additional_properties":{"original":{"byline":"Proinsias O'Mahony"}},"name":"Proinsias O'Mahony"}]},"description":{"basic":"NFL star Rob Gronkowski has seen the value of his accidental investment multiply over the last decade"},"display_date":"2024-12-01T06:00:00Z","headlines":{"basic":"Builder knows best? The Apple gamble that paid off big","native":""},"label":{"audio_project_id":{"text":"5469"}},"promo_items":{"basic":{"_id":"SO4POZPZSXVT3K45N46EYRMTEU","auth":{"1":"fa0f3594ec77d562080cee83af383a5fe4b58f08b0e85e26f5b71f54acbd8039"},"url":"https://cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/SO4POZPZSXVT3K45N46EYRMTEU.jpg"}},"subtype":"default","taxonomy":{"sections":[{"name":"Your Money"},{"name":"Technology"},{"name":"Big Tech"},{"name":"Markets"},{"name":"Business"}]},"type":"story","website_url":"/your-money/2024/12/01/builder-knows-best-the-apple-gamble-that-paid-off-big/","websites":{"irishtimes":{"website_section":{"_id":"/your-money","additional_properties":{"original":{}},"name":"Your Money"}}}},{"_id":"ACKCBND74NATHLG4OLXDH5PMUI","additional_properties":{},"canonical_url":"/business/2024/11/29/dell-products-hit-by-demand-slump-reports-revenue-drop/","content_elements":[{"_id":"VD6F3NOEMJFUFKEYNUKQ6XA2MU","additional_properties":{"_id":1732898333966},"content":"Revenue fell at one of Dell’s main subsidiaries last year with the company hit by ongoing uncertainty in the wider economy.","type":"text"},{"_id":"4ZHBVRFWVNGPFKO5F4FTYKUVN4","additional_properties":{"_id":1732898333967},"content":"Dell Products, which sells and distributes the group’s products in Europe, the Middle East and Asia (EMEA), said its revenue slid 14 per cent as ongoing economic difficulties hit demand. Total revenue for the period was $14.5 billion (€13.75 billion), down from more than $16 billion (€15 billion) in 2023.","type":"text"},{"_id":"TVQDDP5RGFBJXMSHDHVNZYZZYA","additional_properties":{"_id":1732901652310},"content":"Hardware sales remained the largest proportion of revenue. Dell said that fell to $13.5 billion for the year down from just under $16 billion a year earlier. Software sales totalled $401 million in the same period, while support service revenue was $573.5 million.","type":"text"},{"_id":"FVGLAKMCPFFJVFFXRLWGBMR76E","additional_properties":{"_id":1732901652311},"content":"The bulk of revenue – $13.9 billion – came from its European customers, the accounts noted.","type":"text"},{"_id":"QX3EUWHCGVAT3LMJOEKJOYVNHY","additional_properties":{"_id":1732898333968},"content":"Operating profit was $82.6 million for the year to February 2nd, 2024, down from $90.8 million in 2023. A fall in input costs helped raise gross margins slightly, while profit on ordinary activities before interest and taxation fell $8 million year-on-year.","type":"text"},{"_id":"R4OER4RZKVFMZDPVV7OMNG4RAE","additional_properties":{"_id":1732898333969},"content":"Pretax profit slumped as the company wrote down the value of its investments by $115 million. That brought pretax profit to $18.7 million, down from $130.3 million the previous year.","type":"text"},{"_id":"TF73KUCNUJC6DK6J4ZEMDPKX6I","additional_properties":{"_id":1732898333970},"content":"In note on the accounts, Dell said it had received a capital contribution from fellow group member Dell International Holding in October 2018. That $557.7 million contribution was a transfer of shares in a subsidiary company, Dell GmbH. An assessment by directors of their value determined the carrying value was in excess of the recoverable value, leading to the write-down.","type":"text"},{"_id":"YUKFSUQ5LNG7LLKQCU7ERRZ6NQ","additional_properties":{"_id":1732898333971},"content":"A dividend of $47 million was paid to Dell Products by Dell GmbH, in line with the prior year. Dell Products also paid out a dividend of $47 million to Dell Global, which owns 99 per cent of the company, and Dell International Holding, which owns the remaining 1 per cent. 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