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By Raziye AKKOC BRUSSELS, Belgium, July 12, 2024 (AFP) – Tech billionaire Elon Musk’s X platform is misleading users with its blue checkmarks for certified accounts, and is also violating EU content rules, Brussels said Friday, in a finding that could lead to hefty fines. EU regulators are unhappy with the blue badge system under Musk’s ownership since anyone can now obtain it with a premium subscription, whereas before it was reserved for verified accounts […]
BRUSSELS, Belgium, March 12, 2024 (AFP) – Apple said Tuesday its users in the EU will be able to download apps directly from websites, bypassing app marketplaces, as it yields to a sweeping new law and pressure from developers. Apple and five other global tech giants — Google’s Alphabet, Amazon, TikTok’s ByteDance, Meta and Microsoft — have been obliged to obey the EU’s landmark Digital Markets Act (DMA) since March 7. The DMA curbs how […]
By Raziye Akkoc BRUSSELS, Dec 8, 2023 (AFP) – EU member states and lawmakers clinched a deal on Friday on how to draft “historic” rules regulating artificial intelligence models such as ChatGPT — after 36 hours of negotiations. Meeting in Brussels, negotiators nailed down curbs on how AI can be used in Europe, which they said would not hurt innovation in the sector nor the prospects for future European AI champions. “Historic! With the political […]
MANILA, Dec 1, 2023 (AFP) – The Philippines will block access to cryptocurrency giant Binance, an official said Thursday, as part of a crackdown on online trading platforms operating in the country without licences. The Securities and Exchange Commission (SEC) announced Tuesday that Binance was not registered in the Philippines and therefore not authorised to sell or offer securities in the country. Filipinos could withdraw their investments before access to Binance’s platform and apps was […]
BRUSSELS, Dec 1, 2023 (AFP) – The EU on Friday demanded Instagram-owner Meta provide more information about measures taken by the company to address child sexual abuse online. The request for information focuses on Meta’s risk assessment and mitigation measures “linked to the protection of minors, including regarding the circulation of self-generated child sexual abuse material (SG-CSAM) on Instagram”, the European Commission said. Meta must also give information about “Instagram’s recommender system and amplification of […]
SAN FRANCISCO, Dec 1, 2023 (AFP) – A federal judge on Thursday temporarily blocked a ban on TikTok set to come into effect next year in Montana, saying the popular video sharing app was likely to win its pending legal challenge. US District Court Judge Donald Molloy placed the injunction on the ban until the case, originally filed by TikTok in May, has been ruled on its merits. Molloy deemed it likely TikTok and its […]
BRUSSELS, Nov 15, 2023 (AFP) – Facebook owner Meta said on Wednesday that it would appeal the inclusion of its Messenger and Marketplace products in tough curbs on digital giants that the EU unveiled in September. Brussels is working through a dense legislative agenda to build tougher regulation of big tech, arguing it needs to protect European consumers online and to encourage competition in an industry dominated by US giants. In early September, it announced […]
BEIJING, China (AFP) — A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown. The government action has pummelled some of China’s biggest tech firms, wiping out hundreds of billions of dollars in market value since last year. But with the Chinese economy hammered by Covid lockdowns, the government has rolled out […]
Editor’s Note: The following is the full text of the “Opening remarks by Executive Vice-President Valdis Dombrovskis at the press conference on the transparency and authorization mechanism for exports of COVID-19 vaccines” on Jan. 29, 2021. (Also see: https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_21_312) “Today the Commission has adopted an implementing Regulation making the export of certain products subject to an export authorisation. So this Regulation concerns the transparency and export of COVID-19 vaccines. The protection and safety […]
LONDON, United Kingdom (AFP) — Governments must regulate social networks and not the companies themselves, Facebook’s head of global affairs and a former deputy prime minister of the UK said in an interview Monday. “It’s not for private companies, however big or small, to come up with those rules. It is for democratic politicians in the democratic world to do so,” Clegg told the BBC. Clegg, the former leader of UK political party the Liberal […]
RIYADH, Saudi Arabia (AFP) — Saudi Arabia was finalizing regulation for the use of recreational drones, state media said Sunday, after a toy aircraft sparked security alarm as it hovered close to royal palaces in Riyadh. “The regulation for the use of remote controlled drones is in its final stages,” the Saudi Press Agency said, citing the interior ministry. Until the new guidelines are adopted drone enthusiasts must obtain police permission to fly their devices in […]
TOKYO, Japan (AFP) — From clampdowns to a warm embrace, regulators in Asia have taken very different approaches to dealing with the bitcoin phenomenon. Here are the developments in a few key markets: Chinese clampdown In mid-September, China’s central bank, the People’s Bank of China (PBOC), told virtual currency trading platforms based in Beijing and Shanghai to cease market operations. Authorities also clamped down on ethereum and any other electronic units that are exchanged online without being […]
