regulation - page 9

News

EU Antitrust Regulators Reportedly Suspends Investigation of Amazon’s Acquisition of iRobot

The media reported that the antitrust regulators of the European Union temporarily halted their investigation in connection with Amazon’s acquisition of the manufacturer of robot vacuum cleaners iRobot in a deal worth $1.7 billion.

Finance & Economics

JPMorgan CEO Criticizes Capital Rules Proposed by US Authorities

Jamie Dimon, chairman of the board and chief executive officer of JPMorgan Chase & Co, said he disagreed with the rules on capital that were proposed by regulators of the United States.

Blockchain & Crypto

G20 Countries Call for Rapid Adoption of Global Cryptocurrency Rules

The heads of the G20 countries called for measures to be taken and intensive work to implement global rules in the area of cryptocurrencies as soon as possible.

News

Microsoft to Offer Legal Safeguards AI Users in Copyright Cases

Microsoft has announced its intention to provide some legal guarantees to its customers who use the company’s products based on artificial intelligence.

News

G20 Countries Declare Commitment to Responsible AI Development

During the G20 summit in India, one of the main issues to be discussed and studied was the responsible use of artificial intelligence.

News

Wells Fargo to Pay $1 Billion to Settle Investor Lawsuit

Wells Fargo will pay $1 billion as part of the settlement of a lawsuit filed by investors in connection with the situation with authorized customer accounts.

News

China Reportedly Plans to Ban on Use of iPhone in State Firms and Agencies

The media reported that the Chinese authorities plan to expand the scope of the ban on the use of smartphones of the iPhone line, which is currently applied to secret units, by extending this restrictive measure to agencies that receive government support and state-owned companies.

News

EU Names Six Tech Giants to Comply With DMA

The EU regulators have come up with a list of so-called gatekeepers with enough market power to report their core platform services to the European Commission under the Digital Markets Act (DMA)

Society & Lifestyle

Google Tentatively Settles Play Store Antitrust Suit

Alphabet has tentatively settled claims that Google Play is involved in the practice of abusing its powers to control mobile apps designed for devices running on the Android operating system.

News

FTC Reportedly to Sue Amazon

The media reported that the US Federal Trade Commission (FTC) is likely to sue Amazon in the near future.

Society & Lifestyle

Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices

Big technology companies are preparing for the largest and most significant tightening clampdown on anti-competitive practices in the history of the European Union.

Finance & Economics

Robinhood Reaches Agreement with U.S. Marshal Service to Repurchase Shares from Emergent Fidelity Technologies

Virtual brokerage company Robinhood has reached an agreement with the U.S. Marshal Service (USMS) to buy back shares of Sam Bankman-Fried’s Emergent Fidelity Technologies.

News

Fed Warns Goldman Sachs Over FinTech Risk

The Federal Reserve issued a warning to Goldman Sachs about risk control and compliance with regulatory requirements in the unit of the investment bank specializing in financial technologies.

Blockchain & Crypto

French Regulator Searches Worldcoin Paris Office

The French data regulator CNIL this week conducted searches at the regional Worldcoin office, which is located in Paris.

Science & Technology

British Parliamentarians Question Prospects of UK Leadership in AI Regulation

In the United Kingdom, parliamentarians said that the country’s Prime Minister Rishi Sunak’s plan to make the UK a leader in the regulation of artificial intelligence is under threat.

News

Baidu Reportedly to Get China Approval for AI Models

The media reported that this week China will approve the first batch of generating artificial intelligence services for public implementation.