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REGULATORY OVERSIGHT BIGTECH
The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...- IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...
- Made by AI? EU tells firms to stick a label on it from SundayEuropean Union's new artificial intelligence rules mandate labeling of AI-generated content. These regulations aim to ensure users can dist...
- Why Meta’s Cred investment matters for WhatsApp Pay in IndiaMeta's substantial investment in Cred and appointing its founder Kunal Shah as global head of WhatsApp signals a major push into India's fi...
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- US Congress passes Genius Act to regulate stable coins amid Trump ties and market surgeThe United States has approved the Genius Act, its first major crypto legislation. The bill regulates stablecoins and requires full reserve...
- How Musk-Trump will take on techWith Donald Trump's potential second term, the tech sector could see significant changes driven by aggressive deregulation, altering antitr...
- Who is Brendan Carr, a strong advocate for regulating Apple, other major tech cos, appointed by Donald Trump to lead the FCC?Brendan Carr, FCC: President-elect Donald Trump has named Brendan Carr as the permanent Chairman of the Federal Communications Commission (...
- New tech has led to increase in fraudulent apps & mis-selling: RBIThe Reserve Bank of India (RBI) warns of increasing fraudulent apps and mis-selling in the fintech sector due to emerging technologies, hig...
- Indigenous Innovation: A blueprint for systematically achieving Viksit BharatIndia's digital economy is on track to reach $1 trillion by 2030 with a growth rate 2.8 times that of regular GDP. Leveraging the CHIPS fra...
- CCI considering boosting manpower for tighter oversight, says Chairperson Ravneet KaurThe regulator currently has 15 officers in its two anti-trust divisions, 11 in the combination wing, five in the legal division, six in res...
- US consumer watchdog proposes rules for Big Tech payments, digital walletsThe Consumer Financial Protection Bureau's proposal would subject companies like Alphabet, Apple and PayPal to bank-like supervision, with ...
- Risks from Big Tech may need separate framework: RBI executive director Ajay Kumar ChoudharyThis comes as the RBI is currently working on regulations for the financial technology sector and is in consultation with the industry, dep...
- Subsidies from Big Tech should be last option for EU telcos: Meta PlatformsMeta Platforms said on Thursday subsidies from Big Tech should be the last option for European Union telecoms operators trying to get U.S. ...
- Rethink needed to regulate Big Tech in finance, says BIS officialData-rich Big Tech companies such as Alibaba and Amazon have been involved for some time in financial services such as banking, payments, a...
- Overseeing Big Tech, it'll be give and takeThe committee has also made suggestions on the legal framework and institutional capacity that is required to ensure online competition and...
- Recasting innovation versus dominanceEuropean courts have upheld antitrust rulings in two of three cases that imposed a total Rs 8.25 billion in fines against Google related to...
- View: Govt needs a fresh approach to Big Tech regulation with an unbiased mindsetMost measures taken by regulators to address issues like ex ante regulation or anti-trust enforcement do not appear to be well thought-out....
- Tencent boss meets China antitrust officials as scrutiny widens: ReportTencent, whose WeChat messaging and payment mobile app is ubiquitous in the world's second-largest economy, is expected to be the next in l...
- US proposes changes in legal immunity for internet platformsThe US Justice Department unveiled a legislative proposal on Wednesday that seeks to reform a legal immunity for internet companies and fol...
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