regulation - page 8

News

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.

News

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.

Science & Technology

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.

Fintech & Ecommerce

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.

Finance & Economics

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.

News

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.

News

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.

Science & Technology

G20 Countries Declare Commitment to Responsible AI Development

During the G20 summit in India, one of the main issues to be discussed and studied was the responsible use of artificial intelligence.

Finance & Economics

Wells Fargo to Pay $1 Billion to Settle Investor Lawsuit

Wells Fargo will pay $1 billion as part of the settlement of a lawsuit filed by investors in connection with the situation with authorized customer accounts.

Society & Lifestyle

China Reportedly Plans to Ban on Use of iPhone in State Firms and Agencies

The media reported that the Chinese authorities plan to expand the scope of the ban on the use of smartphones of the iPhone line, which is currently applied to secret units, by extending this restrictive measure to agencies that receive government support and state-owned companies.

Science & Technology

EU Names Six Tech Giants to Comply With DMA

The EU regulators have come up with a list of so-called gatekeepers with enough market power to report their core platform services to the European Commission under the Digital Markets Act (DMA)

Society & Lifestyle

Google Tentatively Settles Play Store Antitrust Suit

Alphabet has tentatively settled claims that Google Play is involved in the practice of abusing its powers to control mobile apps designed for devices running on the Android operating system.

Fintech & Ecommerce

FTC Reportedly to Sue Amazon

The media reported that the US Federal Trade Commission (FTC) is likely to sue Amazon in the near future.

News

Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices

Big technology companies are preparing for the largest and most significant tightening clampdown on anti-competitive practices in the history of the European Union.