regulation - page 8

Science & Technology

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.

Fintech & Ecommerce

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.

News

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.

News

China Plans to Relax Data Rules

Currently, China is discussing the possibility of changing the rules regarding data flows to other countries.

News

US Government and 17 States Sue Amazon

The US government and 17 states are suing Amazon.

Fintech & Ecommerce

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.

Blockchain & Crypto

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.

News

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.

News

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.

Society & Lifestyle

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.

News

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.

Science & Technology

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.

News

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.

Science & Technology

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 […]

Science & Technology

France Suspends iPhone 12 Sales

In France, local authorities have ordered Apple to stop the process of selling smartphones of the iPhone 12 model.

News

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.