regulation - page 13

News

Amazon’s $1.7 Billion iRobot Deal Gets UK Clearance

Amazon has received permission from the UK Antitrust Agency to implement a deal with iRobot, a company that manufactures robot vacuum cleaners.

News

Twitter Faces $250 Million Lawsuit by Major Music Publishers

A coalition of music publishers, which includes Universal Music Corp., BMG, Warner Chapell, and Sony Music Publishing, is suing Twitter over claims against the social network over copyright violations.

Science & Technology

Google and OpenAI Disagree on Government Oversight of AI

Google and OpenAI, which are currently the main players in the fast-growing field of generative artificial intelligence, hold different positions on what form and scale should have the system of regulating the process of development and dissemination of technology that has the potential to literally change the world.

News

FTC Files to Block Microsoft From Closing Activision Deal

The Federal Trade Commission on Monday, June 12, filed a lawsuit against Microsoft in the federal court of California to block the acquisition of Activision Blizzard by the technology giant.

Blockchain & Crypto

Hong Kong Eyes Stablecoin Regulatory Regime by 2024

While the Western world is discussing the regulation of stablecoins, Hong Kong is taking concrete measures to create a regulatory framework for the process of using cryptocurrency, which is tied to traditional financial assets.

Science & Technology

Google, Microsoft and OpenAI Limit AI Tools in Hong Kong

Big Tech of the USA applies the practice of blocking access to chatbots based on artificial intelligence to Hong Kong residents, as reported by the media.

Science & Technology

Sunak Pitches UK as Home of AI Safety Regulation

British Prime Minister Rishi Sunak on Monday, June 12, during a speech at a technical conference in London, called the United Kingdom the center of artificial intelligence and regulation of the technology sector.

Blockchain & Crypto

FTX Can Redact Customer Names in Bankruptcy Case

FTX has received permission to edit the names of clients in the documents used in its bankruptcy case.

News

Altman Calls On China to Help Shape AI Safety Guidelines

Sam Altman, Chief Executive Officer of OpenAI, said that China should become one of the main participants in the discussion on the development of artificial intelligence and the strategy of applying advanced technologies in the space of human life.

Science & Technology

Sunak Keeps Up Push to Make UK Leader in AI Regulation

British Prime Minister Rishi Sunak on Monday, June 12, according to information available to the media, will make a statement, which will be a continuation of his consistent public campaign aimed at promoting the claim that the United Kingdom should become a leader in regulating of the development and dissemination of artificial intelligence.

News

OpenAI CEO Calls For Global Cooperation to Regulate AI

Sam Altman, CEO of OpenAI, during a visit to South Korea on Friday, June 9, called for coordinated international regulation of the process of development and dissemination of generative artificial intelligence.

Society & Lifestyle

Meta to Appeal Kenya’s Court Decision

Meta plans to appeal the Kenyan court’s decision, according to which the company received the status of an employer of moderators of content published on the platforms of the technology giant in sub-Saharan Africa.

Science & Technology

Sam Altman Denies Start of GPT-5 Training

OpenAI has not yet started training GPT-5.

News

Korean Prosecutors Seek Crypto Millions Tied to Do Kwon and TerraUSD

The South Korean prosecutor’s office said that Do Kwon, after his arrest at the end of March, was able to withdraw tens of millions of dollars from an organization that is associated with his blockchain project, which suffered a crushing failure.

News

Philippines Cuts Banks’ Reserve Ratio

The Central Bank of the Philippines decided to reduce the level of the norm on the availability of mandatory reserves for financial institutions at the end of the month.

Science & Technology

Dutch Watchdog Wants to Know How ChatGPT Handles Personal Data

The Dutch privacy regulator has sent a letter to the creators of ChatGPT OpenAI, which contains a request to clarify the algorithm for processing confidential user information.