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.
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.
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.
In the United Kingdom, the financial regulator fined local digital lender Starling Bank for 29 million pounds ($38.5 million).
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.
Critics from the government watchdog argue that the Visa-Mastercard duopoly burdens businesses and customers with high fees.
Navigating the legal landscape in the fintech industry can be complex, given the rapid pace of technological advancements and the stringent regulations designed to protect consumers and ensure fair market practices. For businesses operating in this dynamic sector, understanding and adhering to the myriad of legal requirements is crucial for success and sustainability. This article […]
The Securities and Exchange Commission (SEC) has asked a federal judge to sanction Elon Musk if the billionaire continues to violate a court order to testify about his acquisition of the social media platform Twitter, currently named X, in 2022.
The European second-top court on Wednesday, September 18, basically confirmed the EU antitrust fine against the US chip manufacturer Qualcomm.
The Competition Commission of India (CCI) has conducted antitrust investigations, concluding that Amazon and Walmart’s Flipkart repeatedly violated local antitrust laws, while Samsung and Xiaomi colluded with them.
After a lengthy pause caused by regulatory hurdles, Meta will begin training its AI models using public content shared by adult UK citizens on Facebook and Instagram.
In China, local regulators imposed a six-month business suspension and a record fine of 441 million yuan ($62 million) on PwC’s auditing unit in the mainland of this Asian country.
The European top court on Tuesday, September 10, ruled against Apple.
The media reports that in Sweden, the Financial Supervisory Authority (FSA) has conducted an estimate of the risk assessment system currently used by Klarna and after that made critical remarks.
The top court of Europe on Tuesday, September 10, decided that a fine for 2.4 billion euros ($2.65 billion) against Google remained in force.
The joint AI treaty is the next global move towards unifying national goals and values related to artificial intelligence, human rights and democracy.
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