regulation - page 13

News

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.

News

FTC Proposes Ban on Fake Reviews

The Federal Trade Commission (FTC) has taken the initiative to introduce a new rule that prohibits numerous forms of fake reviews on the Internet.

Society & Lifestyle

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.

Blockchain & Crypto

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.

News

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.

News

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

Society & Lifestyle

Apple Defies EU Over Antitrust Charges in Spotify Probe

Apple is preparing for a confrontation with European regulators.

Science & Technology

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.

News

SEC Fines JPMorgan for $4 Million for Deleting 47 Million Emails

The U.S. Securities and Exchange Commission (SEC) fined JPMorgan Chase $4 million.

News

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.

News

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.

News

FTC Sues Amazon

The US Federal Trade Commission (FTC) on Wednesday, June 21, sued Amazon, accusing the e-commerce giant of using a deception technique to force millions of consumers to subscribe to the Prime service.

Fintech & Ecommerce

FTC Says Online Marketplaces Need to Police Fake Goods

The Federal Trade Commission (FTC) recalled that online trading platforms must fulfill the obligation to identify counterfeit goods.

Science & Technology

OpenAI Reportedly Lobbies for Amendments to EU’s AI Act

The media reports that OpenAI has successfully lobbied for changes to the legislation of the European Union on artificial intelligence.

News

Consumer Group Calls On EU to Investigate Risks of Generative AI

On Tuesday, June 20, the EU’s largest consumer group, BEUC, appealed to regulators to immediately begin investigating the potential risks of generative artificial intelligence.

Blockchain & Crypto

BofA Says Crypto Sentiment Remains Poor

The value of tokens continues to be in the zone of the negative impact of the consequences of recent measures that were introduced by regulators in relation to the sphere of cryptocurrencies.