There had been rumors the UK’s shiny new-in-post Labour government would commit to introducing a dedicated artificial intelligence bill on Wednesday as it unveiled its full legislation program amid the pomp of the state opening of parliament. In the event, the King’s Speech contained a much more tentative commitment — to “seek to establish the […]
An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju’s, once India’s most valuable startup, in response to a petition from the country’s cricket board. The ruling effectively installs an interim resolution professional who will manage the company’s operations, pushing the startup’s founder out. The National Company Law Tribunal’s ruling (PDF) came in response
Byju’s, once valued at $22 billion, faces insolvency proceedings Read More »
Whistleblowers have accused OpenAI of placing illegal restrictions on how employees can communicate with government regulators, according to a letter obtained by The Washington Post. Lawyers representing anonymous whistleblowers sent the letter to Securities and Exchange Commission Chair Gary Gensler. The letter refers to a separate, formal complaint asking the SEC to investigate OpenAI’s severance,
Whistleblowers accuse OpenAI of ‘illegally restrictive’ NDAs Read More »
A new study from the Federal Trade Commission looks at the “dark patterns” that subscription apps and websites use to get more money or data from their users. “Dark pattern” is actually the term used in the FTC report, and it refers to manipulative design techniques that are supposed to make users do something they
FTC finds ‘dark patterns’ in subscription apps Read More »
It sounds like the latest dispute between Apple and Fortnite-maker Epic Games isn’t over. Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated last year, many of its criticisms were echoed in a different lawsuit filed against Apple in March
Epic Games CEO promises to ‘fight’ Apple over ‘absurd’ changes Read More »
As deep-pocketed companies like Amazon, Google and Walmart invest in and experiment with drone delivery, a phenomenon reflective of this modern era has emerged. Drones, carrying snacks and other sundries, are being shot out of the sky. Incidents are still rare. However, a recent arrest in Florida, in which a man allegedly shot down a
What happens if you shoot down a delivery drone? Read More »
Fortnite maker Epic Games has hit a stumbling block in its plans to bring the company’s alternative app store, the Epic Games Store, to the EU. As now permitted by the EU’s Digital Markets Act (DMA), Epic Games announced earlier this year it planned to bring both the digital storefront and its flagship game, Fortnite,
Epic Games calls out Apple for rejecting its Games Store in the EU Read More »
Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main takeaways from new regulations that the IRS and U.S. Department of Treasury finalized Friday — essentially implementing a provision of the Biden Administration’s Infrastructure Investment and
IRS finalizes new regulations for taxing crypto Read More »
As the country reels from a Presidential debate that left no one looking good, the Supreme Court has swooped in with what could be one of the most consequential decisions it has ever made, in the context of the tech industry. By reversing a 40-year-old decision, the court has opened up regulators to endless interference
Forget the debate, the Supreme Court just declared open season on regulators Read More »
Ultra low cost ecommerce giants Shein and Temu have only recently been confirmed as subject to centralized enforcement of the strictest layer of the European Union’s digital services regulation, the Digital Services Act (DSA), but on Friday the Commission announced it’s sent a bunch of requests for information (RFI) to both platforms vis-a-vis to their
