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.
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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.
G7 Prepares to Ask AI Firms to Agree to Watermarks
The G7 countries plan to appeal to companies operating in the sphere of artificial intelligence with the proposal of adopting as guidelines defining the principles of work a set of rules developed by the states of this association.
Amazon’s Secret ‘Project Nessie’ Algorithm Used to Drive Prices According to FTC
The media reports that the Federal Trade Commission (FTC) accuses Amazon of using a secret algorithm codenamed Project Nessie, which is applied to check the boundaries of price increases and is a guarantee that competitors will comply with pre-determined product cost limits.
FTC Strengthens Cooperation With Latin American Organizations
The Federal Trade Commission (FTC) announced the beginning of partnerships with consumer protection authorities from four Latin American countries, including Colombia, Mexico, Chile, and Peru.
China Plans to Relax Data Rules
Currently, China is discussing the possibility of changing the rules regarding data flows to other countries.
US Government and 17 States Sue Amazon
The US government and 17 states are suing Amazon.
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.
