The U.K. government is consulting on an opt-out copyright regime for AI training that would require rights holders to take active steps if they don’t want their intellectual property to become free AI training fodder. The rise of generative AI models that are trained on vast quantities of data has brought intellectual property concerns to […]
UK consults on opt-out model for training AIs on copyrighted content Read More »
The U.S. Federal Trade Commission passed a rule on Tuesday banning hidden “junk fees” for live events, hotels, and vacation rentals. The agency says the new rule prohibits “bait-and-switch pricing,” and other practices that hide total prices and bury junk fees in the live-event ticketing and short-term lodging industries, noting that these “unfair and deceptive”
FTC bans hidden junk fees in short-term lodging, live-event ticket prices Read More »
South Korea’s antitrust watchdog has fined Kakao Mobility, the ride-hailing unit of Korean tech firm Kakao, $10.5 million (KRW 15.1 billion) for limiting competitors’ access to its taxi app — lowering the penalty from an initial fine of $50.3 million (KRW 72.4 billion) as the earlier sanction was based on an overestimated calculation of the
Kakao Mobility hit with $10.5M antitrust fine for limiting rivals’ access Read More »
TikTok and ByteDance asked the United States Supreme Court to block the law that forces TikTok to be sold off or banned in the United States, according to an emergency filing with America’s top court on Monday. The social media company requested that the Supreme Court consider blocking the sell-or-ban law passed earlier this year
TikTok asks Supreme Court for a lifeline as sell-or-ban deadline approaches Read More »
On Monday, SoftBank CEO Masayoshi Son joined President-elect Donald Trump to announce that his company would invest $100 billion into the US over the next four years. In a press conference at Trump’s Mar-a-Lago residence, Trump also announced that SoftBank’s investment would create, at a minimum, 100,000 American jobs. Trump called it a “historic investment”
SoftBank CEO announces a $100 billion investment into the US Read More »
The European Union is forging ahead with plans for a constellation of internet satellites to rival Elon Musk-owned Starlink, after signing a €10.6 billion ($11.1B) deal to launch nearly 300 satellites into low- and medium-Earth orbits by 2030. The bloc wants the space tech to boost its digital sovereignty by providing secure comms to governments.
EU signs $11B deal for sovereign satellite constellation to rival Musk’s Starlink Read More »
On Monday, the U.K.’s internet regulator, Ofcom, published the first set of final guidelines for online service providers subject to the Online Safety Act. This starts the clock ticking on the sprawling online harms law’s first compliance deadline, which the regulator expects to kick in in three months’ time. Ofcom has been under pressure to
UK’s internet watchdog finalizes first set of rules for Online Safety law Read More »
Facebook’s parent company Meta is supporting Elon Musk’s effort to block OpenAI’s conversion from a non-profit company into a for-profit one. As reported by The Wall Street Journal, Meta sent a letter to California Attorney General Rob Bonta arguing that allowing the shift would have “seismic implications for Silicon Valley.” And while the company asked
Meta asks California AG to block OpenAI’s conversion to for-profit Read More »
Facebook’s parent company, Meta, is supporting Elon Musk’s effort to block OpenAI’s conversion from a nonprofit company into a for-profit one. As reported by The Wall Street Journal, Meta sent a letter to California attorney general Rob Bonta, arguing that allowing the shift would have “seismic implications for Silicon Valley.” And while the company asked
Meta asks California attorney general to block OpenAI’s conversion to for-profit Read More »
The Department of Energy (DOE) is on a loan-approval spree in the lead-up to President-elect Donald Trump’s inauguration, and the winners are all companies manufacturing clean energy solutions on U.S. soil. Companies like Stellantis and Samsung, Rivian, and most recently, EVgo. Trump has promised to cancel any unspent federal dollars under President Joe Biden’s Inflation
