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EU to review Microsoft's investment in OpenAI
Jan 15,2024
The European Union is investigating whether Microsoft's investment in OpenAI amounts to a concealed merger amid efforts to regulate the rapidly advancing generative AI (genAI) sector.The European Commission, serving as the EU's executive branch, said...
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Amazon to face off with workers, government on staff reduction in India
Nov 13,2023
As Amazon looks to shed staff around the world, it is heading for a showdown with worker and government representatives over its hotly contested Voluntary Separation Program (VSP) in India. Workers say that the program has not been truly voluntary, b...
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California eyes four-day workweek for larger firms
Nov 13,2023
A four-day workweek could be mandated for some California employees should a proposed bill be passed by the state's legislature. The bill, introduced by two Assembly members, Cristina Garcia (D-Dist.58) and Evan Low (D-Dist. 28), would amend existing...
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After the SWIFT ban, can Russia find other routes for its money - including crypto?
Nov 13,2023
A weekend ban preventing Russia from using SWIFT, the world's largest financial messaging network, appeared to have near immediate and far-reaching economic consequences this week. A rolling series of sanctions from the US and and other nations in re...
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California legislators put four-day workweek proposal on hold
Nov 13,2023
A proposal to shorten the workweek for employees in California has apparently been put on hold. The California State Assembly's Labor and Employment Committee declined to advance Assembly Bill 2932, according to theWall Street Journal, preventing it ...
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Lawmakers join growing push to create a 'digital dollar'
Nov 13,2023
Lawmakers have introduced a bill that would allow the US Treasury to create a digital dollar. The electronic dollar, a virtual representation of a US dollar, would allow people to make payments using tokens on mobile phones or through cards versus ca...
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Russia is likely using cryptocurrency to thwart sanctions
Nov 13,2023
US and European sanctions over the past week and a half have put the screws to the Russian government and its oligarchs who are likely using alternative methods to ferry their cash across borders. "We do believe it is very likely that Russian compani...
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California eyes law to protect workers from digital surveillance
Nov 13,2023
The California State Assembly is considering new rules that would offer workers greater protection from the use of digital monitoring tools by employers. The "Workplace Technology Accountability Act" (AB 1651), introduced by Assemblymember Ash Kalra,...
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US Copyright Office opens inquiry into laws needed to rein in genAI
Nov 13,2023
The US Copyright Office is seeking public input on copyright law and policy issues raised by generative AI and is assessing whether federal legislative or US government regulation are warranted. Generative AI (genAI) technology has been document...
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Borders closed. Can Australia's IT hiring bounce back?
Nov 13,2023
The coronavirus pandemic and the accelerated digital transformation in Australia together have put increased pressure on local talent as the border closure has prevented the country from hiring enough overseas talent. "This [acceleration of digital t...
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UK government's AI strategy to rely on existing regulations instead of new laws
Nov 13,2023
The UK government has today published a white paper outlining its plans to regulate general purpose artificial intelligence. The paper, published by the newly formed Department for Science, Innovation and Technology (DSIT), sets out guidelines for wh...
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Australia's digital competitiveness has fallen back
Nov 13,2023
Australia's digital competitiveness has declined for the third year in a row, according to the Institute for Management Development's World Digital Competitiveness Ranking which evaluates 64 countries. Australia dropped five places going from No. 15 ...
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