Kenya to Suspend Sam Altman’s Worldcoin
The Kenyan government is concerned about Worldcoin, the cryptocurrency of OpenAI founder Sam Altman.
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Google’s Dominance Triggers Antitrust Crackdown by South Africa’s Watchdog
The dominance of Google in the area of Internet search has caused harsh measures by the antimonopoly authority of South Africa.
Why Sustainability and Ethical Marketing Is Important
In today’s rapidly evolving business landscape, sustainability and ethical marketing have emerged as critical drivers for companies aiming to make a positive impact on society and the environment. As consumers become more conscious of the consequences of their purchasing decisions, businesses are recognizing the significance of adopting sustainable practices and promoting their products and services […]
Twitter Sues Hate-Speech Regulator
Twitter has sued the Center for Countering Digital Hatred (CCDH), a non-profit group that negatively assessed the actions of Elon Musk’s company to counter attempts to incite hatred.
Italy Accepts Data Portability Offer From Google
In Italy, the local antitrust regulator has completed an investigation into Google over data portability.
French Regulator Draws Attention to Apple’s Ad Policy
The French competition authority has expressed dissatisfaction with the concept of Apple’s advertising policy.
Amazon Offers Up Marketplace Rule Change to Solve UK Antitrust Issues
Amazon agreed to the proposal to change the mechanism for processing information about competitors’ sales and introduce the practice of equal interaction with all sellers operating on the virtual platform of the e-commerce giant in the UK.
NatWest CEO Steps Down
The chief executive officer of NatWest Group Plc, Alison Rose, is resigning amid a scandal related to the fact that this financial institution closed the account of Nigel Farage, a politician-turned-pundit.
Federal Reserve Fines UBS
The Federal Reserve System last Monday, July 24, announced the application of sanctions in the form of fines against UBS due to the practice of committing misconduct by Credit Suisse in risk management of Archegos Capital Management, an investment fund that declared bankruptcy in 2021.
Italian Antitrust Watchdog Cancels Payment Fees for Small Retail Transactions
In Italy, the antimonopoly regulator has decided to approve a deal that will eliminate commission fees for payments and simplify the penalty mode regarding financial operations with small cards.
Apple Considers Removing Messaging Services from UK
The media reports that Apple has taken a position of radical rejection of updates to the Investigatory Powers Act, which was proposed by the British government.
OpenAI Supports Requiring Licenses for Advanced AI Systems
The memorandum on internal policy prepared by OpenAI indicates that this company supports the idea of mandatory licensing of the activities of firms that intend to develop advanced artificial intelligence systems.
Spain Antitrust Watchdog Fines Amazon and Apple
In Spain, the local antitrust regulator fined Amazon and Apple.
SEC Chair Says About Developing Rules for AI Use
The U.S. Securities and Exchange Commission (SEC) plans to use its current powers to carry out activities to regulate the use of artificial intelligence-based tools.
CFPB and European Commission Start Discussion About Digitization of Finance
Didier Reynders, Commissioner of the European Commission for Justice and Consumer Protection, and Rohit Chopra, Director of the U.S. Consumer Financial Protection Bureau (CFPB), on Monday, July 17, announced the beginning of a dialogue on some issues related to the digitalization of the financial industry.
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