China Publishes Final Version of Rules for Use of Generative AI
The Chinese authorities have published a list of operating principles for generative artificial intelligence services.
regulation - page 20
Everything You Need to Know About a K-1 Form
If you have a business partnership or corporation, you’ll likely need to file a K-1 Form for tax purposes. But you might not be familiar with how it works and how to file it.
Binance Faces Executive Exodus as DOJ Investigation Looms
The media reported that several Binance executives decided to resign due to concerns related to a possible investigation by the US Department of Justice.
NYC Cracks Down on AI Use in Hiring Decisions
New York became the first US city to introduce regulation of the possibilities of using artificial intelligence when hiring.
Federal Judge Blocks Biden Administration Officials From Communicating With Social Media Companies
A federal judge on Tuesday, July 4, announced the establishment of a ban on the interaction of some agencies of the Joe Biden administration and senior officials with companies that own social networks.
US to Curb China Access to Cloud Services
The United States is currently preparing to impose restrictions on access to cloud computing services against Chinese companies.
Apple Reportedly Aims to Take Epic Games Case to Supreme Court
The media reported on Apple’s intention to transfer its lawsuit with Epic Games to the US Supreme Court.
Australian Firm Facilitate Corp Sues Twitter
An Australian company that carries out project management activities has filed a lawsuit against Twitter in a US court.
Singapore Tells Crypto Platforms to Keep Client Money in Trust
In Singapore, local authorities intend to require cryptocurrency exchanges to implement the practice of storing client assets in trust management as part of their activities.
Netherlands to Restrict Chip Equipment Exports
The Netherlands reported on the decision to restrict the export of certain equipment that is necessary for the production of semiconductors, to China.
OpenAI Faces Class-Action Lawsuit: Reason Unveiled
The lawsuit against OpenAI, the maker of the popular chatbot ChatGPT, was filed in the United States District Court for the Northern District of California by Clarkson Law Firm on June 28
Apple Defies EU Over Antitrust Charges in Spotify Probe
Apple is preparing for a confrontation with European regulators.
Meta and OpenAI CEOs Back EU Artificial Intelligence Rules
The heads of Meta and OpenAI expressed support for European government initiatives that relate to the regulation of the process of development and dissemination of artificial intelligence.
SEC Fines JPMorgan for $4 Million for Deleting 47 Million Emails
The U.S. Securities and Exchange Commission (SEC) fined JPMorgan Chase $4 million.
Singapore Fines Firms Over Wirecard Payments Scandal
In Singapore, the local financial regulator has decided to impose a penalty in the form of a fine against four companies that are involved in the scandal related to the Wirecard payment firm.
Australia Threatens to Fine Twitter
The Australian cybersecurity regulator turned to Twitter, the current owner of which is billionaire Elon Musk, with a request to provide an explanation of the concept of this digital platform to combat the spread of materials that promote hate speech in the virtual space.
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