US Government and 17 States Sue Amazon
The US government and 17 states are suing Amazon.
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Indonesia to Ban Purchases on Social Media
The Ministry of Commerce of Indonesia on Tuesday, September 26, announced that work is currently underway to create a regulatory framework for regulating processes in the sphere of e-commerce.
SEC Concerns About Coinbase’s Role in Celsius’ Bankruptcy Plan
The US Securities and Exchange Commission (SEC) has outlined its position on the alleged participation of Coinbase Global in the Celsius Network plan to exit bankruptcy.
Sam Altman Says About Insufficient AI Regulation
Sam Altman, the head of OpenAI, which developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, said that there is no reason for concern and fear about government regulation of the digital mind.
Mastercard Declares Disagreement With Credit Card Competition Act
Mastercard has sent a letter to several members of the United States Congress stating its disagreement with the provisions of the Credit Card Competition Act.
EU Antitrust Regulators Fine Intel
The antimonopoly regulators of the European Union have decided to introduce a financial impact measure in the form of a fine against Intel.
China Stops Exporting Two Minerals Chipmakers Need
By the end of August, the indicators of Chinese exports of two rare minerals that are used in the production of semiconductors dropped to zero.
US Finds Huawei’s Inability to Mass Produce Advanced Phone Chips
U.S. Commerce Secretary Gina Raimondo said that the United States currently has no evidence that Huawei and other Chinese technology companies have the capacity to mass-produce advanced chips for smartphones.
UK Antitrust Watchdog Publishes Principles for AI Regulation
The UK’s antimonopoly watchdog has unveiled the principles of artificial intelligence regulation and announced the launch of a project aimed at strengthening control over advanced technology, the development of which is carried out at a very rapid pace.
Irish Regulators Fine TikTok
The Irish regulators, as part of the proceedings on the fact of TikTok’s involvement in the use of practices that violate the norms of ensuring the confidentiality of information of underage users of social networks and apps, decided to apply the measure of influence in the form of a fine in the amount of €345 […]
France Suspends iPhone 12 Sales
In France, local authorities have ordered Apple to stop the process of selling smartphones of the iPhone 12 model.
US Senators Pledge Strong Approach With AI
Last Tuesday, September 12, the Senate Judiciary Subcommittee on Privacy, Technology, and Law held hearings on artificial intelligence legislation, following which it was recognized that the successes of the United States government in keeping up with an innovative environment are not significant.
EU Antitrust Regulators Reportedly Suspends Investigation of Amazon’s Acquisition of iRobot
The media reported that the antitrust regulators of the European Union temporarily halted their investigation in connection with Amazon’s acquisition of the manufacturer of robot vacuum cleaners iRobot in a deal worth $1.7 billion.
JPMorgan CEO Criticizes Capital Rules Proposed by US Authorities
Jamie Dimon, chairman of the board and chief executive officer of JPMorgan Chase & Co, said he disagreed with the rules on capital that were proposed by regulators of the United States.
G20 Countries Call for Rapid Adoption of Global Cryptocurrency Rules
The heads of the G20 countries called for measures to be taken and intensive work to implement global rules in the area of cryptocurrencies as soon as possible.
Microsoft to Offer Legal Safeguards AI Users in Copyright Cases
Microsoft has announced its intention to provide some legal guarantees to its customers who use the company’s products based on artificial intelligence.
