#regulation
#regulation

OMG science

Secret to eternal youth? John Cleese extols virtues of stem cell treatment

Stem cells are a popular treatment choice among celebrities for potential anti-aging effects and healing benefits. [ more ]

moreOMG science

Engadget

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 ]

Data Matters Privacy Blog

A Call for Embracing AIBut With a Human Touch'

AI transformation is compared to the discovery of fire, impacting all industries profoundly. [ more ]

time.com

Tech CEOs Say Ethical A.I. and Innovation Are Two Sides of the Same Coin'

Tech leaders emphasize ethical AI innovation at TIME100 Summit. [ more ]

Kqed

Nurses Warn Patient Safety at Risk as AI Use Spreads in Health Care | KQED

Kaiser Permanente implements AI cautiously to aid healthcare processes while prioritizing patient safety and human involvement. [ more ]

Iapp

moreArtificial intelligence

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 ]

Fast Company

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 ]

ComputerWeekly.com

European Parliament approves platform worker directive | Computer Weekly

The European Parliament approved measures to reclassify gig economy workers as 'employees' for better rights and protections. [ more ]

London Business News | Londonlovesbusiness.com

Why is Apple falling so much?

Apple fined 1.84 billion euros by EU for hindering rival music streaming services from informing users about cheaper options outside App Store.

EU emphasizes fair competition, fines Apple for violating competition laws by abusing dominant market position. [ more ]

moreEU data protection

Coindesk

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 ]

Coindesk

Consensys Sues SEC Over 'Unlawful Seizure Of Authority' Over Ethereum

Consensys files lawsuit against SEC over Ethereum's classification as a security. [ more ]

ReadWrite

VanEck CEO skeptical about spot Ethereum ETF approval in May

VanEck CEO skeptical about SEC approval for spot Ethereum ETFs in May

Regulatory silence raising doubts on ETF approval in the near future [ more ]

ReadWrite

SEC opens comment period for Ethereum spot ETF proposals

SEC initiated comment period for ETH spot ETF proposals from Grayscale, Fidelity, and Bitwise.

SEC's approval of Bitcoin ETFs in January does not indicate approval for Ethereum ETFs, raising concerns among investors.

SEC's ongoing probe into ETH's classification will impact the future of Ethereum spot ETFs and the wider cryptocurrency market. [ more ]

Coindesk

The SEC's Shot Across the Bow on 'AI Washing'

SEC focusing on 'AI washing' by companies.

SEC taking action against firms falsely claiming to use AI technology. [ more ]

Coindesk

SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration

Crypto industry faces scrutiny by SEC for noncompliance with disclosure requirements.

SEC Chairman Gensler emphasizes the need for crypto platforms to register to ensure mandatory disclosure. [ more ]

artificial-intelligence

www.aljazeera.com

Microsoft, Google post double-digit profits rises, boosting case for AI

Tech giants' shares surged post strong earnings. [ more ]

time.com

Eric Schmidt and Yoshua Bengio Debate How Much A.I. Should Scare Us

AI has the potential to transform society; concerns exist about ensuring AI systems are used ethically and avoiding harmful outcomes. [ more ]

TechCrunch

Internet users are getting younger; now the UK is weighing up if AI can help protect them | TechCrunch

Ofcom in the U.K. plans to explore how AI can be used to combat illegal content online, especially harmful to children. [ more ]

ComputerWeekly.com

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 ]

www.nytimes.com

Transcript: Ezra Klein Interviews Ethan Mollick

A.I. systems are growing in power and capabilities at an astonishing rate.

Ethics and regulation around A.I. are not yet fully developed to keep up with its rapid advancement. [ more ]

PYMNTS.com

moreartificial-intelligence

DeepMind Co-Founder: AI Hype Obscuring 'New Renaissance'

Hype in AI is hindering progress as it clouds actual scientific research.

Regulators are scrutinizing companies for false or exaggerated claims regarding AI products. [ more ]

Theregister

ByteDance would rather torpedo TikTok than sell it - claim

ByteDance prefers shutting down TikTok over selling it due to potential regulatory issues and logistical challenges. [ more ]

Engadget

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 ]

www.nytimes.com

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 ]

www.nytimes.com

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 ]

ReadWrite

Europe gives TikTok 24 hours to explain 'addictive and toxic' new app

European Commission requests TikTok Lite risk assessment under DSA within 24 hours. [ more ]

Irish Independent

Self-harm and suicide TikTok content recommended to 13-year-olds within minutes of signing up, investigation finds

TikTok's algorithm showed concerning content to teenage accounts without engagement. [ more ]

Fast Company

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 ]

ABC7 San Francisco

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 ]

Gizmodo

U.S. Accuses Apple of Running a Monopoly

Apple facing legal trouble for alleged iPhone monopoly

Apple disputes the lawsuit claims [ more ]

TechCrunch

DOJ says Apple's "complete control" over tap-to-pay transactions stops innovation, cements its monopoly | TechCrunch

Apple's antitrust complaint focuses on Apple Pay's dominance in stifling competition and innovation.

Regulatory scrutiny on Apple Pay includes the European Commission's investigation and Apple considering concessions. [ more ]

www.nytimes.com

The Many Challenges Facing Apple

Apple facing antitrust challenges with lawsuits from regulators globally

Claims of unfair advantage for Apple products over competitors in app marketplace [ more ]

moreTech industry

Fast Company

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 ]

www.dw.com

EU sets TikTok ultimatum over 'addictive' new app feature DW 04/22/2024

The European Commission is threatening to suspend TikTok Lite rewards programme if health risks assessment is not provided within 24 hours. [ more ]

time.com

Apple Pulls Meta's WhatsApp and Threads From App Store in China After Government Order

Apple Inc. removed WhatsApp and Threads from China app store due to national security concerns, complying with the country's laws. [ more ]

Dallas News

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 Conversation

Celebrities, influencers, loopholes: online gambling advertising faces an uncertain future in Australia

Sports betting is most popular among young Australians, especially males, posing a higher risk of gambling issues.

Regulation is crucial to prevent young people from gambling harm due to environmental factors like advertising. [ more ]

SFGATE

TikTok snags huge Bay Area office in defiance of potential ban, per report

TikTok is subleasing office space in San Jose from Roku, expanding its footprint.

TikTok's growth is evident in its real estate push and user count despite facing regulatory hurdles in the U.S. [ more ]

Coindesk

Samourai Wallet Charges Raise Existential Questions for Privacy Tech

The U.S. government is cracking down on privacy tools like crypto mixers, considering any money flowing through them as laundered funds. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

The State Of Things: Open Source Developers Arrested For Writing Code

Bitcoin community urged to assess current state amidst Samourai Wallet case and industry challenges. [ more ]

Coindesk

Crypto Exchange VALR Obtains South African License

South African crypto exchange VALR obtains regulatory approval for crypto services. [ more ]

www.esquire.com

Should You Buy Bitcoin?

Bitcoin ETFs offer mainstream investment access to cryptocurrencies.

Bitcoin's legitimacy as an investment choice remains uncertain. [ more ]

Coindesk

Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg

Hong Kong may allow in-kind creations and redemptions for spot bitcoin ETFs.

Approval could open the door for significant Chinese investor participation in the cryptocurrency market. [ more ]

Coindesk

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 ]

Coindesk

Hong Kong Boards the ETF Express

The approval of spot bitcoin and ether ETFs in Hong Kong signals increasing institutionalization of leading crypto assets, potentially influencing mainland China. [ more ]

www.coindesk.com

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 ]

ReadWrite

ESMA warns of crypto trading concentration on Binance

ESMA warns about high concentration of trading activity on few crypto exchanges. [ more ]

Coindesk

Luno Among First Crypto Firms to Receive South Africa License

South Africa is licensing crypto firms, with Luno being among the first to receive regulatory approval.

Approximately 60 firms are expected to receive approval from regulators in South Africa by April. [ more ]

Coindesk

Digital Asset Platform With Ex-Goldman Partner as Co-Founder Gets Bahrain Crypto License

ARP Digital received a category-3 license from Bahrain Central Bank.

Structured products have gained significant demand post-U.S. SEC's approval of spot bitcoin ETFs. [ more ]

time.com

Law

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 ]

London Business News | Londonlovesbusiness.com

London

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 ]

Privacy professionals

Nextgov.com

Privacy professionals

Decoding distinctions in biometrics

Facial recognition and facial analysis distinctions are crucial for privacy and regulation. [ more ]

Iapp

morePrivacy professionals

Privacy professionals

Evolving privacy law 'exciting' for IAPP Westin Scholar

Regulation often lags behind technology advancements, creating a patchwork of privacy laws.

Opportunity for professionals from various sectors to collaborate on privacy law evolution. [ more ]

Daily Kos

Data science

An End to Targeted Advertising?

The E.U.'s European Data Protection Board recommends that Meta offer a free tier without behavioral ads. [ more ]

ComputerWeekly.com

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 ]

GSMArena.com

Apple

Japan is also targeting Apple for antitrust practices

Countries like Japan are increasing fines for monopolistic practices, pressuring Apple to open iOS for third-party app stores. [ more ]

Theregister

Microsoft invests $1.5B in UAE AI outfit G42

Microsoft invests $1.5 billion in G42 for AI solutions in Middle East, Central Asia, and Africa.

Tech giants continue AI advancements despite regulatory efforts by lawmakers worldwide. [ more ]

Engadget

Netflix true crime documentary may have used AI-generated images of a real person

Netflix accused of using AI-manipulated imagery in the documentary What Jennifer Did. [ more ]

Nature

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 ]

TNW | Deep-Tech

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 ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Hong Kong Approves the First Batch of Spot Bitcoin ETFs, Issuer Says

Hong Kong approved its first spot Bitcoin ETFs, signaling a significant step in embracing Bitcoin as an investment. [ more ]

Coindesk

Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters

Hong Kong is likely to approve the first spot bitcoin ETF applications soon.

Asia, particularly Hong Kong and Australia, may lead in offering spot bitcoin ETFs. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

The U.S. Needs To Lead in Bitcoin, Says Congressman Patrick McHenry

Bitcoin as a bastion of freedom

Importance of educating policymakers on Bitcoin [ more ]

Coindesk

Crypto Market Cap to Double to $5 Trillion by Year-End: Ripple CEO

The cryptocurrency market could reach $5 trillion by year-end due to institutional investment and supply-demand dynamics.

Bitcoin's reward halving historically precedes a bull market, with the upcoming event expected to decrease supply and boost demand. [ more ]

Coindesk

Argentina President Milei Disappoints Some Bitcoiners as Crypto Registration Rule Begins

Argentina implements a Registry of Virtual Asset Service Providers for cryptocurrencies.

President Javier Milei disappoints Bitcoin enthusiasts by moving forward with the new regulation. [ more ]

Coindesk

First Mover Americas: Bitcoin Drops to $65K to Start the Month

Bitcoin faced selling pressure as halving approaches.

Ethena Labs launched ENA governance token for USDe holders. [ more ]

www.nytimes.com

Europe's A.I. Champion' Sets Sights on Tech Giants in U.S.

Europe aims to compete in AI with companies like Mistral to avoid domination by US and Chinese tech giants. [ more ]

Inside Higher Ed | Higher Education News, Events and Jobs

Report: Higher education is most trusted source to handle AI

Higher education institutions trusted for responsible AI use.

Variation in trust towards different sectors for AI use. [ more ]

Nextgov.com

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 ]

www.independent.co.uk

Experts' warning for customers using buy now, pay later' credit

Many customers are facing unmanageable debt from unregulated BNPL credit.

BNPL market has quadrupled since 2020, hitting record total of 30bn this year. [ more ]

www.independent.co.uk

Betting firm to pay more than 500,000 for failures in anti-money laundering

Bet365 fined over 500,000 for anti-money laundering failures

Denise Coates, UK's best paid woman, under scrutiny for company's regulatory breaches [ more ]

www.independent.co.uk

Funeral directors told to make changes to ensure public trust

Funeral directors may need to undergo voluntary checks for public trust.

Calls for regulation of funeral industry after police investigation. [ more ]

www.independent.co.uk

Funeral directors told to make changes to ensure public trust

Funeral directors may need to undergo voluntary checks for public trust.

Calls for the introduction of a regulator for funeral directors following investigations. [ more ]

Theregister

Microsoft hiring Inflection team triggers EU interest

Regulators in the EU are closely monitoring Microsoft's acquisitions in the AI space.

Major tech corporations' agreements with AI startups may trigger official investigations by competition authorities. [ more ]

MobileAppAaily

Claude Beats ChatGPT in AI Rankings Of Top Chatbots

Claude 3 by Anthropic surpasses ChatGPT-4 in global AI rankings.

The AI industry is witnessing intense competition among big tech players and regulatory bodies to dominate AI development. [ more ]

time.com

Side Hustle or Scam? What to Know About Data Annotation Work

Posts on various platforms claim earnings of $20+/hour for data annotation.

Surging demand in data annotation due to AI model development. [ more ]

Wareable

Wearables

UK takes action on SpO2 racial bias - but what about wearables? - Wareable

Government announces review of racial biases in blood oxygen sensors after claims of inaccurate readings for darker skin tones.

Litigation and reports highlight the issue of 'occult hypoxia' where pulse oximeters show healthy range readings despite dangerously low blood oxygen levels. [ more ]

GSMArena.com

Digital life

Apple might have to let iPhone users uninstall the Photos app because of EU rules

Apple faces challenges under EU's Digital Markets Act, including providing a browser choice screen similar to Microsoft's past requirement.

Vestager suggests Apple may need to allow users to not only choose which apps to install but also which integrated apps to uninstall. [ more ]

Acm

Digital life

Resolving the Human-Subjects Status of ML's Crowdworkers

Researchers rely on crowdsourcing platforms for massive datasets in ML tasks like NLP.

Ethical concerns arise from low wages, disparities, reproducibility, and unfairness in using crowdworkers for ML research. [ more ]

Engadget

The US and UK are teaming up to test the safety of AI models

The UK and US governments have signed a Memorandum of Understanding to evaluate the safety of advanced AI models.

The partnership between the UK's AI Safety Institute and its US counterpart aims to develop tests and guidelines for assessing AI risks. [ more ]

The Economic Times

4 weeks ago

View: How to future-proof AI regulation

Reversal of controversial provision in AI advisory by MeitY.

Structural lessons on aligning India's AI regulation with global tech race. [ more ]

Nextgov.com

4 weeks ago

Swedish, US officials see promise of AI but also the need for global agreements

AI technologies have vast potential across sectors but require responsible usage and countermeasures against unsafe practices.

Global cooperation is necessary to establish ethical guidelines and guardrails for the development and application of AI.

Sweden and the U.S. advocate for democratic values and joint efforts to develop AI in a safe, secure, and trustworthy manner. [ more ]

The Atlantic

4 weeks ago

Sam Bankman-Fried's Dream Came True

The crypto industry is maturing as more regulations are enforced.

The downfall of a crypto mogul marks a shift towards a more mature industry. [ more ]

Mail Online

Women are 40% more likely to have their work replaced by AI

Nearly two-thirds of tasks could be automated by AI

Chatbots could take over 8 million jobs in the UK, especially affecting women. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Nigerian Binance Executive Escapes Custody, Deepening Ongoing Feud

Nigeria, with a significant Bitcoin affinity, has potential to become a major hub for the industry.

Feud between Binance and the Nigerian government could lead to broader industry crackdown. [ more ]

ZNetwork

Why Artificial Intelligence Must Be Stopped Now

Advantages of AI technology include faster completion of digital tasks and improved accessibility to information.

The potential dangers of AI technology, if not regulated properly, could outweigh its short-term benefits. [ more ]

www.esquire.com

Should You Buy Bitcoin?

Bitcoin ETFs approved by SEC signal increased acceptance, not necessarily approval

Bitcoin's legitimacy as an investment remains tenuous, caution advised for significant portfolio allocation [ more ]

Medium

U.S. Justice Department Targets AI Startup Fraud Ahead of IPOs

Crackdown on fraudulent activities by tech startups, specifically in the AI sector before going public.

Focus on addressing the 'fake it til you make it' culture in tech startups, targeting misleading investors about crucial aspects like customer reach and revenue. [ more ]

Harvard Business Review

Is Crypto Cleaning Up Its Act?

Maturing crypto-assets markets due to regulation and innovation

SEC approval of Bitcoin ETFs making investment more accessible [ more ]

KPMG

What's the risk of not having a clean AI Governance in place?

Establishing sound AI governance is crucial for addressing trust, explainability, and fairness in the AI landscape.

Not having AI governance can lead to serious consequences in the ever-evolving AI market. [ more ]

www.euractiv.com

AI Act's global effects might be overstated, experts say

The EU AI Act aims to set global standards for AI regulation.

The 'Brussels Effect' will likely ensure worldwide impact of the AI Act. [ more ]

Coindesk

Why the SEC Shouldn't Classify ETH as a Security

The SEC is considering classifying ether (ETH) as a security, which could impact the crypto industry.

SEC Chair Gensler indicated that proof-of-stake chains may be viewed as securities, potentially including ETH. [ more ]

Entrepreneur

How to Align Human Values With Artificial Intelligence | Entrepreneur

Businesses are increasingly using AI for cost savings and efficiencies, sparking concerns about job displacement and ethical implications.

Uncertainty and ethical concerns surround the use of AI technology, particularly in creative industries like marketing and entertainment. [ more ]

Creative Bloq

Groundbreaking study reveals how AI is transforming the creator economy

AI is impacting the creator economy significantly, with a majority supporting its positive disruption.

There is a call for clearer regulation and transparent labeling of generative AI creator content in response to consumer uncertainty. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Business

KYC, Bitcoin, and the failed hopes of AML policies: Preserving individual freedom

AML and KYC policies recover less than 0.1% of criminal funds, raising concerns about the cost and impact on privacy.

Blockchain is seen as a potential solution for personal freedom advocates, but regulators are trying to integrate it into existing AML processes. [ more ]

english.elpais.com

Health

Direct-to-consumer microbiome tests don't work as advertised

Elie Metchnikoff's yogurt anti-aging theory sparked the microbiome study interest.

Legal and medical experts advocate for increased regulation of direct-to-consumer microbiome tests. [ more ]

AdExchanger

Privacy technologies

The Privacy-Utility Trade-Off | AdExchanger

Businesses can find a balance between privacy and utility for personalization.

Anonym uses encrypted data without creating profiles to prioritize privacy in ad tech. [ more ]