Microsoft has blamed Britain’s Competition and Market Authority (CMA) for “irrationally” blocking its $68.7 billion takeover of Call of Duty video game maker Activision. The tech giant announced its plan to acquire Activision to “bring the joy and community of
Facebook is set to be slammed by the Irish regulator as it prepares to punish the social media giant with a €746 million fine for mishandling user information, reports The Guardian. Ireland’s Data Protection Commission, acting as the primary privacy
The European Union (EU) Council has adopted rules requiring crypto asset service providers to collect transaction data and forward it to tax authorities. The move reflects a global trend towards increased scrutiny and regulation of the cryptocurrency industry, though some
The European Union is reportedly planning to include non-fungible tokens (NFTs) and foreign companies in the upcoming crypto tax, reported Coindesk. The EU has prepared a draft text, known as the eighth directive on administrative cooperation (DAC8), which would require
The European Union (EU) continues to push for comprehensive laws regulating the use of generative AI technologies, including OpenAI’s well-known chatbot ChatGPT. Among the key requirements of the new set of laws, companies that deploy generative AI technologies should disclose
Publishers seeking to apply existing copyright laws to ChatGPT and other AI-generated works may face an uphill struggle. Copyright laws such as the European Union’s copyright directive ensure that media outlets have the right to seek fair compensation from social
The EU Parliament has voted overwhelmingly in favor of Markets in Crypto Assets (MiCA), which has been touted as the most comprehensive framework for cryptocurrency regulation ever created. Yesterday in Strasbourg, EU lawmakers formally enacted the 571-page legislation after 517
The European Union (EU) is concerned that tech giants could act as gatekeepers to the metaverse, which it calls Web 4.0, stifling smaller players from entering the field and creating a virtual monopoly. To prevent this eventuality Europe’s governing body
The EU is edging closer to passing an act that will minimize the potential harms of artificial intelligence (AI), but not everyone is happy with the bill in its current form. Access Now is one body that has expressed concerns.
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