Apple Considers Removing Messaging Services from UK
The media reports that Apple has taken a position of radical rejection of updates to the Investigatory Powers Act, which was proposed by the British government.
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OpenAI Supports Requiring Licenses for Advanced AI Systems
The memorandum on internal policy prepared by OpenAI indicates that this company supports the idea of mandatory licensing of the activities of firms that intend to develop advanced artificial intelligence systems.
Fed Fines Deutsche Bank
The Federal Reserve System fined Deutsche Bank $186 million.
Spain Antitrust Watchdog Fines Amazon and Apple
In Spain, the local antitrust regulator fined Amazon and Apple.
SEC Chair Says About Developing Rules for AI Use
The U.S. Securities and Exchange Commission (SEC) plans to use its current powers to carry out activities to regulate the use of artificial intelligence-based tools.
CFPB and European Commission Start Discussion About Digitization of Finance
Didier Reynders, Commissioner of the European Commission for Justice and Consumer Protection, and Rohit Chopra, Director of the U.S. Consumer Financial Protection Bureau (CFPB), on Monday, July 17, announced the beginning of a dialogue on some issues related to the digitalization of the financial industry.
Ripple CEO Says XRP Ruling Helps Company to Grow
Ripple CEO Brad Garlinghouse announced the positive consequences of the court’s decision, which concerns the token of this company.
FTC Investigates OpenAI for Potential Harm to Consumers
The US Federal Trade Commission (FTC) has launched an investigation into OpenAI.
FTC Wants to Pause Microsoft-Activision Deal
The US Federal Trade Commission (FTC) has appealed to the Court of Appeals to delay the implementation of the deal worth $69 billion, under which Microsoft will absorb Activision Blizzard.
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.
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.
CFPB Fines Bank of America $250 Million Over Junk Fees
In the United States, the Consumer Financial Protection Bureau (CFPB) has imposed an obligation on Bank of America to pay more than $250 million in fines and damages to customers.
China’s Web Watchdog Wants to License Generative AI Use
The media reports that the Chinese authorities are planning to unveil strict control measures over the use of generative artificial intelligence in the near future.
SVB Financial Sues to Recover $1.9 Billion From FDIC
The parent company of Silicon Valley Bank claims that the American banking supervisory authority owes it $1.9 billion.
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.
EC Opens Investigation of Amazon’s Planned Acquisition of iRobot
The European Commission (EC) has announced the launch of an in-depth investigation into the expected acquisition of iRobot by the e-commerce giant Amazon.
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