regulation

Facebook parent Meta will allow users in the European Union, European Economic Area, and Switzerland to prevent information from being shared across the company's apps. As a result, people who live in these regions will be able to use Instagram and Facebook separately, even if they are connected on the platform. Meanwhile, Meta will also allow users to create a Messenger account that is not linked to their Facebook account while changing how messaging on the company's Marketplace platform works.In a detailed post…

The European Parliament is regulations to ensure streaming services pay artists fairly. The proposal also calls for more transparency around how algorithms generate suggestions for which artists to stream and what tracks get the most promotion.The proposed changes will be designed to ensure smaller artists are compensated fairly. Currently, royalty rates are set in a way that makes artists accept lower pay for the distribution of their content in exchange for visibility on like Spotify and . The members of the European…

Some of those people are policymakers, who have been trying hard to respond to the problems AI products pose without reducing our ability to harness their power.  So at the beginning of this year, my colleagues and I looked around the world for signs of how AI regulations are likely to change this year. We summarized what we found here.  In China, one of the major moves to be on the lookout for in 2024 is whether the country will follow in the European Union’s footsteps and announce its own comprehensive AI Act. In…

Updated Jan. 16, 2024 5:13 pm ETA federal judge on Tuesday blocked JetBlue Airways’ $3.8 billion deal to buy Spirit Airlines, rejecting a merger that he said would hamper competition and lead to higher fares.The ruling thwarts what would have been the biggest U.S. airline merger in over a decade. It marks a victory for the U.S. Department of Justice, which sued last year to prevent JetBlue and Spirit from going ahead with their tie-up.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Updated Jan. 15, 2024 2:27 pm ETAppleis removing a blood-oxygen sensor from some of its smartwatches to get around a patent dispute related to the technology, a step likely to avoid further sales disruptions but one that may raise questions about the company’s push into health.The company halted sales of some watch models briefly last month after a U.S. import ban went into effect stemming from an October ruling by the U.S. International Trade Commission. The trade agency found Apple had violated the patents of…

Too Long; Didn't ReadCrypto regulation in general and KYC specifically are believed to solve the problem of financial crime in crypto. The financial system doesn’t catch up with the technology development, and the lack of a coordinated framework is the reason for the high level of criminal activities. Too Long; Didn't ReadCrypto regulation in general and KYC specifically are believed to solve the problem of financial crime in crypto. The financial system doesn’t catch up with the technology development, and the lack…

The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status comes with its own set of headaches. In the past two years, hundreds of cargoes loaded with supercooled gas departed the U.S. Gulf Coast as foreign buyers turned to America for energy supplies. Developers of export terminals have seized the momentum to advance plans to build new plants and crank out even more LNG.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

 The Environmental Protection Agency sent letters requesting telecom companies to meet with the agency about their lead-sheathed phone cables, in a new phase of an investigation in the EPA’s efforts to protect the public from potential lead hazards.The agency’s move comes on the heels of the EPA finding more than 100 soil and sediment readings with lead above the regulator’s safety guideline for children at some phone lead-cable sites identified by The Wall Street Journal in three states.Copyright ©2024Dow Jones &…

Updated Jan. 11, 2024 10:59 am ETHertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals.The car-rental company said in a regulatory filing on Thursday that it would use part of the proceeds from selling about 20,000 EVs in the U.S. to purchase internal-combustion-engine vehicles.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 11, 2024 10:59 am ETHertzis selling about a third of its global…

Jan. 10, 2024 11:00 pm ETTOKYO—China’s near-monopoly on the solar-energy market has prompted the U.S. and allies to step up the search for workarounds. Engineers believe they have found one in a type of solar cell that looks and feels like camera film.Japan is pushing the technology with subsidies and other support, a sign of how renewable energy, alongside other high-tech fields such as semiconductors, has become a geopolitical football.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…