Regulatory

It'll likely take years before the U.S. government's massive antitrust lawsuit against Apple is resolved — but the iPhone maker's troubles with European regulators offer a glimpse of what changes American customers may see down the line.The U.S. lawsuit seeks to stop Apple from undermining technologies that compete with its own apps in areas such as streaming, messaging and digital payments. The Department of Justice also wants to prevent the tech giant from building language into its contracts with developers, accessory…

Update March 5, 4.30 PM IST: Google said that it is restoring all Indian firms’ apps after both the Silicon Valley company and protesting firms met with India’s IT Minister Ashwini Vaishnaw. “In the spirit of cooperation, we are temporarily reinstating the apps of the developers with appeals pending in the Supreme Court. Google maintains its right to implement and enforce its business model, as established in various courts. We will invoice our full applicable service fees in the interim and are extending payment…

Samsung will launch its sixth-gen foldable smartphones in a few months. The Galaxy Z Fold 6 and Galaxy Z Flip 6 are expected to go official at the end of July. The company has already started obtaining regulatory approvals for the devices, or at least the components. Last week, the upcoming foldables had their batteries certified by a couple of regulatory agencies. The batteries for both models have appeared in a regulatory database again. Galaxy Z Fold 6 & Flip 6 batteries certified The Galaxy Z Flip 6 picked up its…

A few days back, Samsung obtained a regulatory certification for the Galaxy Z Flip 6’s batteries. The next-gen Fold has also joined the party. Korean certification agency Safety Korea recently certified one of the batteries for the Galaxy Z Fold 6. A live photo published on its website revealed a pull tab for easy removal of the battery. The Galaxy Z Fold 6’s battery is certified with a pull tab Samsung usually begins collecting regulatory approvals for key components for its upcoming devices a few months ahead of the…

Credit: Thirdman from Pexels New research shows that state-owned enterprises (SOEs) experience greater regulatory scrutiny when acquiring firms in foreign economies, thus increasing the costs of the acquisition. The study, published in Global Strategy Journal, suggests that a liability of stateness is at play, a phenomenon that occurs when host…

Sam Altman believes that the UAE is positioned perfectly to eventually shape international regulations governing the use of AI. Altman proposed that the UAE could provide a controlled environment for experimenting with AI innovations…

Last updated: February 13th, 2024 at 10:58 UTC+01:00 We may be getting very close to the Galaxy A35's debut. The upcoming mid-range phone from Samsung keeps cropping up online in one way or another, and in the latest news, the phone emerged in the database of Thailand's regulatory body NBTC (National Broadcasting and Telecommunication Commission). The agency confirms that the Galaxy A35 5G carries model number SM-A356, or in this particular case, SM-A356E/DS. The letter “E” means this variant is destined for…

Waymo said its vehicle was at a complete stop at a four-way intersection when a large truck turned into the intersection. At its turn to proceed, the Waymo car moved forward.A driverless Waymo car collided with a cyclist in San Francisco on Tuesday causing minor injuries and the incident is being reviewed by the state's auto regulator.Waymo, Alphabet's autonomous driving unit, said by email on Tuesday it called the police to the scene and that it was also contacting…

Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans to address regulatory concerns, two sources with direct knowledge of the talks said on Tuesday, days after the regulator imposed curbs on its banking affiliate.The Reserve Bank of India (RBI) told Paytm Payments Bank last Wednesday to stop accepting new deposits in its accounts and its popular digital wallets from March, citing supervisory concerns and non-compliance with rules."Discussions are on about addressing RBI's…

A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India's startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer. Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm's valuation after India's central bank ordered his banking arm to stop most of it operations from March 1 for "persistent non-compliances" and "supervisory concerns".Elevate Your Tech Prowess…