Consensys, a Target for the SEC's Assault on ETH, Is Fighting Back
Consensys and other crypto companies are pushing back against what they perceive as overzealous regulatory actions, with lawsuits and challenges being pursued. [ more ]
Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion
Investor optimism in A.I.'s potential to reshape industries is evident through Wayve's $1 billion funding led by SoftBank, Microsoft, and Nvidia. [ more ]
How to Stand Out in a Flood of AI-Generated Social Media Content | Entrepreneur
AI is a transformative force in marketing, with both threats and opportunities. Balancing its use with ethical practices and regulation is crucial. [ more ]
AI technologies are enhancements of existing technologies; privacy issues in AI are extensions of traditional privacy concerns, requiring a holistic approach to regulation. [ more ]
OpenAI's Sam Altman and other tech leaders join the federal AI safety board
Tech leaders like Sam Altman, Satya Nadella, and Sundar Pichai are joining the government's AI Safety and Security Board to advise on the safe deployment of AI in critical infrastructure. [ more ]
The EU just showed us another way of reining in TikTok
The EU issued a warning to TikTok over the launch of TikTok Lite in France and Spain. TikTok voluntarily suspended the rewards functions in TikTok Lite in response. [ more ]
TikTok Lite axes 'addictive as cigarettes' reward-to-watch feature under the EU's watchful eye
The EU suspended TikTok Lite's reward-to-watch feature due to concerns over addictiveness, prompting ByteDance to comply and warning of ongoing scrutiny. [ more ]
Congress Passed a Bill That Could Ban TikTok. Now Comes the Hard Part.
A bill passed forcing TikTok's sale due to national security concerns, facing legal challenges and Beijing's resistance, with uncertain future implications. [ more ]
TikTok Faces E.U. Inquiry Over Addictive' Features
Europe threatens TikTok with fines over addictive features on TikTok Lite amid growing regulatory challenges and concerns about data practices and impact on children. [ more ]
EU's AI Act fails to protect the rule of law and civic space | Computer Weekly
The European Center for Not-for-Profit Law (ECNL) criticizes the EU's Artificial Intelligence (AI) Act for failing to protect the rule of law and civic space. [ more ]
Texas influencers should disclose paid political posts
Social media influencers were paid to support a political figure in Texas, highlighting the shift from traditional ads to social media influencing.
Proposed Texas Ethics Commission regulation aims to require disclosure of paid political advertising on social media, similar to regulations for traditional campaign ads. [ more ]
The FCC votes to reinstate net neutrality rules, reversing Trump
The FCC voted 3-2 to reinstate net neutrality rules, resuming regulatory oversight of broadband internet and ensuring open, fair access for consumers. [ more ]
Net neutrality is back as FCC votes to regulate internet providers
The US government restored net neutrality rules prohibiting ISPs from manipulating internet speeds, setting the stage for potential legal battles and empowering the FCC for regulatory actions. [ more ]
Google fights $17 billion UK lawsuit over adtech practices By Reuters
Google parent Alphabet is facing a lawsuit accusing it of abusing dominance in the online advertising market, seeking damages of up to $16.9 billion in the UK. [ more ]
Thailand Prime Minister Seeks to Criminalize Weed in Reversal
Thailand's prime minister wants to re-list cannabis as a narcotic, restricting its use to medical purposes only, tightening regulations and reversing decriminalization. [ more ]
Shein is shining so bright in Europe that regulators want to keep a closer eye on it
Shein has been designated a Very Large Online Platform (VLOP) by the European Union due to its large European user base, requiring compliance with Digital Services Act rules by August. [ more ]
South Africa's Election Won't Interfere With Crypto Policy: Industry Watchers
South Africa introduced a licensing regime for crypto and plans to issue 60 licenses soon, with the community confident that politics won't impede digital asset plans. [ more ]
Scientist Slams Politicians For Banning Geoengineering Experiments
Calls against regulating geoengineering for climate change solutions are made to avoid hindering scientific progress amidst global warming threats. [ more ]
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst
Hong Kong approved first batch of crypto-related spot ETFs by Harvest Global Investments, China Asset Management, and Bosera Asset Management & HashKey Capital with lower management fees. [ more ]
Supreme Court Will Take Up the Legal Fight Over Ghost Guns, Firearms Without Serial Numbers
The Supreme Court will review a Biden administration appeal on regulating ghost guns, focusing on parts tracking and background checks to combat their increasing presence in crimes. [ more ]
Thames Water warns 16 million customers they could see a 44% surge in bills
Thames Water proposes significant investments of £1.1 billion, possibly rising to £1.9 billion, which could lead to customers facing a 44% bill increase. [ more ]
Will the EU AI Act work? Lessons learned from past legislative initiatives, future challenges
The EU AI Act, a pioneering legislation, merges technical product safety with fundamental rights protection, sparking debates on its effectiveness and uniqueness. [ more ]
EU AI Act explained: What AI developers need to know | Computer Weekly
The European Parliament approved the EU AI Act to regulate AI systems focusing on safety, privacy, and preventing marginalization, with critics highlighting loopholes, particularly around national security. [ more ]
AI now beats humans at basic tasks - new benchmarks are needed, says major report
AI systems are advancing rapidly, nearly matching or exceeding human performance in various tasks, necessitating new ways to assess their capabilities. [ more ]
To legislate or not to legislate? How EU and UK differ in their approach to AI
The EU adopts a hands-on, risk-based approach with the AI Act, while the UK takes a pro-innovation stance but might be moving towards stricter regulations. [ more ]
The approval of spot bitcoin and ether ETFs in Hong Kong signals increasing institutionalization of leading crypto assets, potentially influencing mainland China. [ more ]
Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
Norway's government plans to regulate data centers to restrict energy-intensive crypto mining, aiming to block unwanted projects and reduce greenhouse gas emissions. [ more ]
Former DHS AI official comments on new extinction-level event study
AI technology has shown flaws like bias and errors but also potential dangerous implications, raising concerns about regulation.
A recent report warns that AI could pose an 'extinction level threat' to humanity, prompting discussions on responsible AI development and governance. [ more ]