The United States Department of Justice argued Wednesday that Google should divest its Chrome browser as part of a remedy to break up the company’s illegal monopoly in online search, according to a U.S District Court of the District of Columbia filing. Google would not be allowed to re-enter the search market for five years […]
DOJ: Google must sell Chrome to end monopoly Read More »
Billionaire Gautam Adani and several executives at his company, the Indian conglomerate Adani Group, have been indicted over an alleged scheme to pay more than $250 million in bribes to Indian officials in exchange for contracts to a 12 gigawatt solar power project. The indictment, unsealed Wednesday in federal court in Brooklyn, charges Adani, his
Solar power magnate Gautam Adani and others indicted over alleged $250M bribery scheme Read More »
The attorney general for the District of Columbia is suing instant payday loan fintech Earnin for “deceptively marketing and providing illegal high-interest loans,” the AG alleges. Earnin allows its users to get loans against paychecks. It advertises that users can get $150 a day, up to $750 per pay period, with “no interest, credit check
Another VC-backed fintech, Earnin, faces crackdown over allegedly ‘predatory’ loans Read More »
Privacy-focused search engine DuckDuckGo has urged the European Union to widen its Digital Markets Act (DMA) investigation into Google, claiming the search giant is in breach of several areas where the bloc has yet to formally probe the company’s compliance. The EU’s flagship market contestability rulebook has been in force on a handful of tech
DuckDuckGo calls for EU to widen its Digital Markets Act probe of Google Read More »
Late last week, U.S. Securities and Exchange Commission chair Gary Gensler said that he was “proud to serve” the agency, which some are taking as a hint at an upcoming resignation. Gensler has faced heavy criticism for his crackdown on crypto, including a recent lawsuit from 18 states, and is likely to be replaced under
Building trust in crypto with Jonathan Levin of Chainalysis Read More »
The U.K. no longer has a supercomputer in the top 50, according to new data from the Top500 project, which ranks the 500 most powerful non-distributed computer systems globally. The country’s current national supercomputer system, Archer2, is approaching end-of-life in 2026. According to the latest figures, it’s also now sitting in 62nd place globally, down
UK crashes out of global top 50 supercomputer ranking Read More »
The U.K. government is not ruling out further beefing up existing online safety rules by adding an Australian-style ban on social media for under 16s technology secretary, Peter Kyle, has said. Back in the summer the government warned it may toughen laws for tech platforms in the wake of riots that were perceived to have
UK open to social media ban for kids as gov’t kicks off feasibility study Read More »
The U.K.’s Competition and Markets Authority (CMA) has okayed Alphabet’s partnership and investment in AI rival Anthropic, concluding that it doesn’t qualify for investigation under current merger regulations. The announcement comes a month after the CMA revealed it was launching a formal “stage 1” probe into Google’s parent’s various investments in Anthropic, a three-year-old San
UK competition regulator clears Alphabet’s investment in Anthropic Read More »
One of India’s largest news agencies, Asian News International, has sued OpenAI in a case that could set a precedent for how AI companies use copyrighted news content in the world’s most populous nation. Asian News International filed a suit in the Delhi High Court on Monday, alleging the AI company illegally used its content
Indian news agency sues OpenAI alleging copyright infringement Read More »
The Department of Justice is reportedly pushing to force Google to spin off its Chrome browser business. That’s according to Bloomberg, which reports that the Justice Department is also planning to recommend to a federal judge that Google face antitrust requirements related to AI and its Android mobile operating system. The enforcement actions are the
Justice Department reportedly pushing Google to spin off Chrome Read More »
