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India's antitrust body finds Apple abused App Store dominance
Jul 12,2024
India's antitrust body, the Competition Commission of India (CCI), has concluded its investigation into Apple's practices within the Indian app market, finding the tech giant engaged in abusive conduct. According to a confidential report viewed by Re...
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Big Tech faces antitrust scrutiny amid surge in generative AI sector
Jul 01,2024
Two companies that benefited the most from AI average, Nvidia and Microsoft, are the most exposed to antitrust investigations for AI monopolies. Regulatory authorities have shifted their approach, acting quickly against potential monopolistic practic...
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EU demands transparency from Temu and Shein
Jun 28,2024
The European Union has directed Chinese fast-fashion e-commerce giants Temu and Shein to disclose their compliance with EU online content regulations by July 12. This move follows complaints lodged by consumer groups and designates both platforms as ...
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Experts join Regulating AI's new advisory board
Jun 26,2024
Regulating AI, a non-profit organisation dedicated to promoting AI governance, has announced its advisory board's formation. Board members include notable figures such as former US Senator Cory Gardner, former Bolivian President Jorge Quiroga, and fo...
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Italian watchdog tests AI for market oversight
Jun 25,2024
Italy's financial watchdog, Consob, has begun experimenting with AI to enhance its oversight capabilities, particularly in the initial review of listing prospectuses and the detection of insider trading. According to Consob, these AI algorithms aim t...
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EU charges Microsoft over Teams bundling
Jun 25,2024
EU antitrust regulators have accused Microsoft of illegally bundling its Teams chat and video app with its Office product suite, claiming the company's recent efforts to separate the two were insufficient. The European Commission stated that Microsof...
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PayPal appoints new CTO amid recent AI services launch
Jun 21,2024
PayPal has appointed Srini Venkatesan as its new Chief Technology Officer (CTO) to lead its artificial intelligence initiatives. Venkatesan will be in charge of areas such as AI and machine learning, information security, and product engineering. In ...
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California fast-tracks bill to require identity data from high-volume online sellers
Jun 20,2024
Democratic lawmakers in California are quickly advancing bill SB 1144, which requires online marketplaces to collect identity data from high-volume sellers who advertise online but transact offline. If passed, sellers on platforms like Craigslist, Fa...
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Meta to face US lawsuit by Australian billionaire over scam crypto ads on Facebook
Jun 19,2024
A US judge has denied Meta Platforms' attempt to dismiss a lawsuit filed by Australian billionaire Andrew Forrest. The lawsuit accuses Meta of negligence for allowing scam advertisements featuring Forrest's likeness, promoting fake cryptocurrency and...
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FCC names Royal Tiger as first official AI robocall scammer gang
Jun 17,2024
The US Federal Communications Commission (FCC) has identified Royal Tiger as the first official AI robocall scammer gang, marking a milestone in efforts to combat sophisticated cyber fraud. Royal Tiger has used advanced techniques like AI voice cloni...
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Meta halts AI launch in Europe after EU regulator ruling
Jun 17,2024
Meta's main EU regulator, the Irish Data Protection Commission (DPC), requested that the company delay the training of its large language models (LLMs) on content published publicly by adults on the company's platforms. In response, Meta announced th...
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EU charges Apple and Meta for non-compliance
Jun 17,2024
Apple and Meta Platforms are set to face charges from the European Commission for failing to comply with the EU's Digital Markets Act (DMA) before the summer. The DMA aims to curb the dominance of Big Tech by ensuring fair competition and making it e...
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