UK Seeks to More Transparency Into AI Models
The media reports that local authorities in the United Kingdom are currently working to increase the transparency of the training process by technology companies of their artificial intelligence models.
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Bipartisan Group of US Senators Unveil Plan to Control AI
The federal legislation of the United States aimed at regulating the artificial intelligence industry has become closer to the current technological reality after on Wednesday, May 15, Senate Majority Leader Chuck Schumer, along with a bipartisan trio of senators, announced work on an extensive action plan that will become a kind of concept for congressional […]
ECB Says About Need of New Rules for AI’s Use in Finance
The process of introducing and using artificial intelligence in the functional environment of financial services is currently at an early stage in terms of prevalence and does not belong to the category of generally accepted or widespread practice, but needs monitoring and possibly regulation to prevent potential harm to consumers and ensure conditions for proper […]
Is FXIFY a Scam? Addressing Your Concerns
Online trading and the feeling of skepticism are often close at hand. This is especially true when it comes to prop firms like FXIFY and the wide range of options available. It is natural for you as a trader to be cautious and inquire about the legitimacy of their chosen platform. In the case of […]
Behavioural Biometrics in Fintech: Revolution or Experiment?
When you deal with finances, secure authentication becomes a matter of the utmost importance. Biometric recognition was a revolutionary verification method that substituted passwords in many services, increasing both efficiency and convenience. Behavioural biometrics is now emerging as an alternative or supplement to fingerprints or iris scans. Is this next-gen biometric solution here to stay, […]
EU Starts Probe Into Meta, Apple and Alphabet
The European Union on Monday, March 25, announced the launch of an investigation into such technology giants as Apple, Alphabet, and Meta.
US Urges for Global AI Regulations at UN
The United States has introduced a resolution to the United Nations (UN) that promotes safe, secure, and trustworthy artificial intelligence systems.
US House Passes Bill to Force ByteDance to Divest TikTok
The United States House of Representatives on Wednesday, March 13, passed a bill according to which the Chinese company ByteDance, which owns TikTok, must divest the US assets of this short-video app within six months or face a ban.
Italy Privacy Watchdog Fines Unicredit
In Italy, the local data protection authority fined the bank UniCredit.
Apple Makes Big App Store Changes in Europe
Apple is forced, in a sense, to weaken the symbolic fortress of the iPhone in Europe against the background of stricter regulatory requirements in this region.
EU Watchdog Examines Microsoft’s Mistral AI Investment
Microsoft Corp. investments in Mistral AI will be analyzed by the antimonopoly authority of the European Union.
Toy Safety Matters: What Retailers Need to Know
When it comes to toys, safety is very important. For retailers, understanding the ins and outs of toy safety is crucial to maintaining customers’ trust and upholding ethical business practices. But if you’re new to toy retailing, then you’re in the right place. This article discusses regulatory issues, toy risks, testing and certification, retailers’ safety […]
FTC Fines Avast
Avast, a company specializing in developing cybersecurity software, has been fined $16.5 million by the US Federal Trade Commission (FTC).
Apple Set to Face EU Fine
Apple is facing a fine of about €500 million from the European Union as part of an investigation into the possible application of illegal practices by the technology giant against its music streaming competitors, including Spotify Technology SA.
EU to Advance AI Act
As France and Germany withdrew their objections to the AI Act, the EU can proceed with the next steps required for implementing the regulation.
IMF Chief Says About Advantage of Late Fed Rate Cuts
The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.
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