Regulation
6 articles
Australia Strengthens Social Media Ban Enforcement for Under 16s
Australia is doubling the maximum penalty for social media companies that breach its ban for children under 16 to an unprecedented $99 million, according to The Guardian .
EU Probes Microsoft, Amazon Cloud Services Under New Antitrust Law
Despite not meeting the Digital Markets Act's automatic thresholds, Amazon Web Services and Microsoft Azure are reportedly facing classification as "gatekeepers" by the European Commission.
Paramount, Warner Bros. Discovery $111 Billion Merger Approved
The Justice Department has approved a staggering $111 billion merger of Paramount, Skydance, and Warner Bros.
Global capitalism pours billions into AI, alarming voters worldwide
A recent Reuters/Ipsos poll found 65% of voters are concerned AI will lead to widespread job losses.
EU fines Temu €200M for unsafe products
Online retail giant Temu just got slapped with a staggering €200 million fine by the European Union.
Prosus Asks EU to Halt Forced Sale of Delivery Hero Stake
Uber offered €33 per share for Delivery Hero, yet Prosus was compelled to sell its stake to Uber at just €20 a share under a European Union mandate.