#regulators

[ follow ]
Createsend
1 month ago
Business

The Morning Risk Report: Regulators Probing Big Banks' Handling of Zelle Scams

Regulators are investigating major U.S. banks regarding handling of customer funds on Zelle, focusing on scams and fraudulent transactions. [ more ]
Center for Data Innovation
7 months ago
Artificial intelligence

The UK's Agile, Sector-Specific Approach to AI Regulation Is Promising

The UK government plans to place greater responsibility on existing regulators to oversee AI development and may introduce binding requirements for highly capable AI systems.
The government has announced increased funding for AI, including funding for regulators, research hubs, and projects developing responsible AI solutions. [ more ]
#merger
WSJ
7 months ago
Business

Closing of Kroger, Albertsons, C&S Deal Postponed

The merger of Kroger and Albertsons and the sale of assets to C&S Wholesale Grocers will be delayed due to discussions with regulators.
The companies now expect the deal to close in the first half of Kroger's fiscal 2024. [ more ]
The Verge
8 months ago
Graphic design

Adobe abandons $20 billion acquisition of Figma

Adobe and Figma have mutually terminated their merger agreement.
Adobe will pay Figma a reverse termination fee of $1 billion. [ more ]
WSJ
7 months ago
Business

Closing of Kroger, Albertsons, C&S Deal Postponed

The merger of Kroger and Albertsons and the sale of assets to C&S Wholesale Grocers will be delayed due to discussions with regulators.
The companies now expect the deal to close in the first half of Kroger's fiscal 2024. [ more ]
The Verge
8 months ago
Graphic design

Adobe abandons $20 billion acquisition of Figma

Adobe and Figma have mutually terminated their merger agreement.
Adobe will pay Figma a reverse termination fee of $1 billion. [ more ]
moremerger
www.nytimes.com
8 months ago
Business

$3 Billion of New Bitcoin Funds Change Hands in First Trading Day

More than $3 billion of Bitcoin ETFs changed hands in the first few hours of trading
The approval of Bitcoin ETFs is seen as a major victory for the cryptocurrency industry [ more ]
#antitrust
www.fastcompany.com
8 months ago
Graphic design

Design fail: Adobe and Figma call off their merger as antitrust scrutiny intensifies

Adobe has abandoned its $20 billion takeover of Figma due to pressure from regulators in the UK and EU.
Regulators have been increasingly wary of anticompetitive deals in the tech sector, leading to scrutiny of mergers and acquisitions. [ more ]
Quartz
3 months ago
Artificial intelligence

Microsoft's weird Inflection AI deal is now in the antitrust spotlight

Regulators investigate Microsoft's deal with AI startup Inflection, raising concerns about talent acquisition practices and potential antitrust issues. [ more ]
www.fastcompany.com
8 months ago
Graphic design

Design fail: Adobe and Figma call off their merger as antitrust scrutiny intensifies

Adobe has abandoned its $20 billion takeover of Figma due to pressure from regulators in the UK and EU.
Regulators have been increasingly wary of anticompetitive deals in the tech sector, leading to scrutiny of mergers and acquisitions. [ more ]
Quartz
3 months ago
Artificial intelligence

Microsoft's weird Inflection AI deal is now in the antitrust spotlight

Regulators investigate Microsoft's deal with AI startup Inflection, raising concerns about talent acquisition practices and potential antitrust issues. [ more ]
moreantitrust
WSJ
9 months ago
Cryptocurrency

Celsius Details Plan to Focus on Bitcoin Mining Post Bankruptcy

Celsius Network plans to focus solely on bitcoin mining after emerging from bankruptcy.
Regulators have influenced Celsius to scale down its business and focus on mining. [ more ]
www.npr.org
9 months ago
Cryptocurrency

CZ, founder of crypto giant Binance, pleads guilty to money laundering violations

Changpeng Zhao (CZ) will step down from Binance as part of a settlement with U.S. regulators.
CZ will plead guilty to money laundering violations and pay a $50 million fine.
Binance will pay $4.3 billion in fines and be allowed to continue operating. [ more ]
www.independent.co.uk
9 months ago
Medicine

Life-changing' cystic fibrosis drugs approved for use in younger children

Two drugs for cystic fibrosis have been authorized for use in younger patients, extending their licenses to include babies, toddlers, and reception-aged children.
Kaftrio can now be offered to children aged two to five, while Kalydeco can be given to babies as young as one month old.
The drugs target the underlying cause of the disease and can improve lung function, offering hope to younger patients with cystic fibrosis. [ more ]
www.nytimes.com
2 months ago
Graphic design

U.S. Sues Adobe Over Hard-to-Cancel Subscriptions

Regulators sued Adobe for making it difficult to cancel software subscriptions, following a crackdown on such practices by the Justice Department and F.T.C. [ more ]
[ Load more ]