X Sues Watchdog Group Media Matters
Social network X, formerly known as Twitter, sued the watchdog Media Matters.
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Meta Calls for Parental Control Laws
Meta calls for the adoption of laws that would introduce an obligation for app stores to receive parental approval when children download digital products to their own devices.
US Regulator Accuses Citibank of Discrimination
In the United States, the federal regulator accused Citibank that this financial institution had been implementing an illegal corporate policy of discrimination against Americans of Armenian origin for several years, singling them out in applications for credit cards based on surnames.
French Finance Minister Says Nvidia’s AI Dominance Stifles Competition
French Finance Minister Bruno Le Maire said that the dominance of the American company Nvidia in the sphere of artificial intelligence, which shows a trend of steady growth, negatively affects the situation in the industry from the point of view of competition.
AI Doomers Take Center Stage at AI Summit
The beginning of the world’s first artificial intelligence security summit, which is taking place in the UK, was marked by a fierce debate on what measures and scope of action should be applied as part of efforts to prevent and minimize existential risks associated with AI.
UK, US, EU and China Sign Declaration of AI’s Danger
The United Kingdom, the United States, the EU, Australia, and China agreed with the opinion that the process of active use of artificial intelligence and its integration into various industries at some point may begin to be realized according to a negative scenario that contains an existential threat to the life of human civilization.
Joe Biden Unveils New Executive Order on AI
The President of the United States Joe Biden has unveiled a new executive order on artificial intelligence.
Joe Biden Administration Reportedly Prepares to Introduce Executive Order on AI
The media reported that the administration of the President of the United States Joe Biden plans next week to issue an executive order that will establish a regime for regulating the use of artificial intelligence, which is currently a technology demonstrating rapid growth.
Japan’s Antitrust Watchdog Investigates Google
The Japanese antitrust watchdog has launched an investigation into Google, during which it will be established whether this Internet giant is involved in the practice of using its position in the market to block competing services.
Chinese Authorities Investigate Foxconn
The Chinese authorities are once again taking moves that can be described as measures within the framework of the concept of unfriendly attitude towards business, having launched an investigation into the activities of Taiwan-based Foxconn Technology Group, one of Apple’s main partners and one of the largest employers in this country.
Metropolitan Commercial Bank to Pay Penalty of $15 Million
Metropolitan Commercial Bank (MCB) announced its agreement to pay a fine of $15 million after the completion of an investigation conducted by the New York State Department of Financial Services (DFS).
NYC Releases Plan to Regulate AI
New York Mayor Eric Adams on Monday, October 16, presented a plan for the introduction and regulation of artificial intelligence.
Australia Watchdog Fines X
The Australian watchdog for Internet security has fined the social network X, which has been owned by billionaire Elon Musk since October last year.
Australia Plans to Regulate Digital Payment Services
The Australian government has officially announced plans to introduce new legislation that will give the Reserve Bank of Australia the authority to carry out activities to regulate digital payment services, including providers of virtual wallets.
Utah Sues TikTok
Utah is another American state to file a lawsuit against the TikTok virtual platform.
CFPB Director Calls for Provide Higher Level of Data Protection
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), expressed concern about the potential risks associated with the fact that payment systems apply, in his opinion, excessive financial censorship, and exceed reasonable surveillance limits.
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