Australia Develops Plan to Boost AI Investment
In Australia, the Department of Industry, Science and Resources is starting work on a National AI Capability Plan.
regulation - page 2
China Opens Probe Into Nvidia
Chinese state media reported that Beijing has launched an antitrust investigation against Nvidia, the world’s largest and most popular developer of graphics processing units, which are necessary for training and ensuring the process of subsequent operation of artificial intelligence systems.
Chinese Regulators Urge Global Banks to Facilitate Offshore IPO Listings
Chinese regulators, including the China Securities Regulatory Commission (CSRC), have reportedly requested top global banks to expedite offshore listings for Chinese companies in Hong Kong in an effort to boost overseas fundraising and revive the economy.
FTC Reportedly Opens Antitrust Probe Into Microsoft
In the United States, the Federal Trade Commission (FTC) has launched an antitrust investigation into Microsoft, which drilled all aspects of the technology giant’s activities, including, among others, business related to cloud computing, software licensing, functional solutions in the cybersecurity area and artificial intelligence products.
Australia Passes Social Media Ban for Children Under 16
Australia on Thursday, November 28, passed a law banning social media for children under the age of 16 after an active and high-profile public resonance, which has become one of the most discussed topics in the country.
Competition Authorities Reportedly Raid Amazon Japan
Japan’s Fair Trade Commission on Tuesday, November 26, conducted an on-site inspection of Amazon Japan on suspicion of violating antitrust laws, as reported by the media, citing an insider in the government of the Asian country.
US Lawmaker Urges Investigation Into China’s Chipmaker SMIC
Michael McCaul, chair of the House Foreign Affairs Committee, urged US Commerce Department agents to visit the production sites of China’s Semiconductor Manufacturing International Corporation (SMIC) and check whether this company is involved in making chips for Huawei Technologies.
South Korea Fines Meta
South Korea has ordered Meta Platforms to pay a fine of 21.62 billion won ($15.67 million).
Hong Kong Unveils Rules for Responsible AI Use
The Hong Kong government has unveiled its first guidelines on the practice of responsible use of artificial intelligence and embraced blockchain, as local regulators seek to stay ahead of the pace of the technological revolution, which is likely to disrupt financial services.
US FTC Says Marriott to Boost Security to Settle Data Breach Charges
The United States Federal Trade Commission on Wednesday, October 9, said it would require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement an information security program to settle charges related to multiple data breaches recorded between 2014 and 2020.
Appeals Centre to Rule Over Social Media Disputes in EU
A new appeals body Appeals Centre Europe has been established to review policy violation complaints related to major social media platforms such as Facebook, TikTok, and YouTube.
US Judge Orders Google to Open Up App Store
On Monday, October 7, a US judge ordered Google to overhaul its mobile app business to provide users of devices powered by the Android operating system with more options to download the mentioned digital products and pay for transactions within them.
Tensions Rise Between UK Banks and Tech Companies
Currently, in the United Kingdom, there is an increase in tension between banks and technology companies specializing in the implementation of activities in the social media area, in the context of the question of which party should be responsible for paying compensation to people who have become victims of fraudulent crimes in the Internet space.
Texas Sues TikTok
The US state of Texas has sued TikTok, accusing this virtual platform of involvement in the practice of violating the system of norms on ensuring the privacy of children in the digital environment.
UK Financial Regulator Fines Starling Bank
In the United Kingdom, the financial regulator fined local digital lender Starling Bank for 29 million pounds ($38.5 million).
CZ Pledges More Tech Investment Upon US Custody Release
Changpeng Zhao (CZ), the former CEO of Binance, is out of prison and vows to increase his investment in technology sectors such as blockchain, artificial intelligence, and biotechnology.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.