Regulators

The UK's Competition and Markets Authority (CMA) is concerned that the merger Three and Vodafone announced last year could lead to "substantial lessening of competition" and might conduct an in-depth investigation into the deal. Three years after Virgin Media's merger with O2, Three and Vodafone revealed their intention to enter a joint venture agreement that would knock off a standalone mobile network from consumers' choices in the region. goApparently, CMA regulators launched a preliminary investigation into their…

Credit: Pixabay/CC0 Public Domain A revolution in charitable giving is underway due to the growth of donor-advised funds in the United States. Known widely as DAFs, these financial accounts are designated for charitable giving. Donors can get an immediate tax deduction by putting money or other assets into the accounts, and advise the accounts'…

ChatGPT caught regulators by surprise when it set off a new AI race. As companies have rushed to develop and release ever more powerful models, lawmakers and regulators around the world have sought to catch up and rein in development.As governments spin up new AI programs, regulators around the world are urgently trying to hire AI experts. But some of the job ads are raising eyebrows and even chuckles among AI researchers and engineers for offering wages that, amid the current AI boom, look pitiful.The European AI Office,…

Ozempic is delivered in a patented pen-like device that lets users set their dosage.Credit: Sipa USA / AAPHe said Juniper fully complies with the Medical Board’s guidelines, and that it doesn’t do first-time asynchronous consultations. A Eucalyptus patient completes a detailed pre-consultation questionnaire of up to 100 questions before speaking to one of its GPs, he said.“At various times throughout the last three years, we have attempted to engage with the RACGP, the Medical Board and the , with only the AMA willing to…

Startups in the country are “lost in the maze of existing regulations and controls that are applied to them sometimes even retrospectively”, Anand Mahindra, chairman Mahindra Group, said and called for increased ease of doing business for new enterprises.Delivering the 4th Annual Atal Bihari Vajpayee Memorial Lecture on ‘The role of industry in building a resilient and resurgent India’, Mahindra highlighted the importance of the government and industry working in a collaborative manner to achieve scale, innovation, and…

The European Union has entered the latest clash between Apple and Epic Games. Bloomberg reports that regulators will question Apple over its choice to ban Epic's developer account. The Fortnite creator claims this action prevents it from launching the Epic Games Store in Europe.This escalation began when Epic CEO Tim Sweeney shared a post on X in January claiming that Apple was trying to thwart complying with the Digital Market Act (DMA) and calling much of its latest policy announcement "hot garbage." Apple's rules…

European regulators have launched a series of probes against Big Tech. In the latest one, Apple received a $2 billion EU antitrust fine for preventing Spotify and other music streaming services from informing users of payment options outside its App Store. Here are some of the actions taken by European watchdogs to keep a tab on big technology companies:Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of BusinessISB…

When Amazon announced last week that it was backing off a bid to purchase Roomba-maker iRobot, the two companies cited a familiar refrain: “Amazon’s proposed acquisition of iRobot has no path to regulatory approval in the European Union,” read a statement from iRobot. That the EU was scrutinizing the deal came as no huge surprise: Over the last few years, European regulators have also stymied M&A efforts between Adobe and Figma and Booking Holdings and Etraveli, and have put Silicon Valley giants like Apple and Google…

China has approved more than 40 artificial intelligence (AI) models for public use in the first six months since authorities began the approval process, as the country strives to catch up to the U.S. in AI development, according to Chinese media.Chinese regulators granted approvals to a total of 14 large language models (LLM) for public use last week, Chinese state-backed Securities Times reported. It marks the fourth batch of approvals China has granted, which counts Xiaomi Corp , 4Paradigm and 01.AI among the…

Apple is on a roll when it comes to having its hand forced by state entities and governing bodies: Alternative payment methods, stripping features from existing hardware, allowing alternate app stores and genuine browser default competition – everywhere you turn it seems to be satisfying some reversal, owing either to trial judgements not going its way or to lawmakers regulating its preferred way of doing business out of existence. Apple does not enjoy this, which should surprise exactly no one. What should be a tad…