Utah Sues TikTok
Utah is another American state to file a lawsuit against the TikTok virtual platform.
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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.
Taiwan to Check Suppliers for Cooperation With Huawei
Taiwan announced its intention to conduct an investigation, during which it will be established whether local companies are involved in violations of the United States sanctions regime against China by interacting with Huawei Technologies in the framework of assisting in the operation of chip manufacturing plants.
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.
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.
Bank of England Postpones Implementation of New Banking Reforms for Summer 2025
The Central Bank of England has changed the timing of the implementation of the banking sector reform process, postponing the start of relevant activities to the summer of 2025.
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.
Joe Biden Administration Announces Final Restrictions on Expansion in China by Semiconductor Companies
The administration of US President Joe Biden on Friday, September 22, announced the final restrictions on the capabilities of semiconductor companies to operate in China.
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.
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