A PYMNTS Company

Latest News

TechREG & Antitrust

Google Allegedly Encouraged Evidence Destruction to Dodge Antitrust Scrutiny: Report

 |  Nov 20, 2024

Google, one of the world’s largest technology companies, allegedly engaged in deliberate practices to suppress evidence and avoid antitrust scrutiny for over a decade, according to The New York Times. The report suggests that the tech giant advised employees to delete certain internal communications, steer clear of specific terminology, and…

Read More

More Top Stories

New European Cloud Regulator Aims to Tackle Unfair Licensing Practices
 |  Nov 20, 2024

The Cloud Infrastructure Services Providers in Europe (CISPE) has introduced a new regulatory body to oversee software licensing practices in the European cloud market. The European Cloud Competition Observatory (ECCO) is designed to monitor and address concerns regarding unfair practices, particularly focusing on major software vendors like Microsoft. The formation…

Merger Creates North America’s Largest Hard-Rock Lithium Producer
 |  Nov 20, 2024

Australia’s Sayona Mining has announced plans to acquire US-based Piedmont Lithium in an all-stock transaction that will consolidate their operations in Canada and expand their presence in the rapidly growing North American electric vehicle (EV) market.  According to a statement from the companies, the merger will form the largest producer of…

Nebraska Files Antitrust Suit Against Truck Manufacturers Over Diesel Truck Phase-Out
 |  Nov 19, 2024

Nebraska Attorney General Michael Hilgers has launched a lawsuit against some of the world’s largest truck manufacturers, claiming they conspired to limit the availability of diesel-powered semi-trucks, according to court documents filed Tuesday. Hilgers alleges that Daimler, Navistar (a Volkswagen subsidiary), Paccar, Volvo Group North America, and the Truck and…

Meta to Challenge India’s Data-Sharing Restrictions on WhatsApp
 |  Nov 19, 2024

Meta Platforms announced on Tuesday its intention to contest an order from India’s Competition Commission (CCI) that restricts data-sharing between WhatsApp and other Meta applications for the next five years. The order, issued on Monday, includes a $25.4 million fine against Meta, alleging antitrust violations tied to changes made in…

Sony in Talks to Acquire Kadokawa, Expanding Its Entertainment Portfolio
 |  Nov 19, 2024

Sony is in discussions to acquire Kadokawa, the Japanese media giant known for its involvement in video games, anime, and publishing, according to sources familiar with the matter. The potential deal could see Sony significantly expanding its entertainment assets and deepen its ties to the gaming industry. The ongoing talks…

Indian News Agency Sues OpenAI, Accuses ChatGPT of Using Content Without Permission
 |  Nov 19, 2024

Indian news agency ANI has filed a lawsuit against OpenAI in a New Delhi court, accusing the developer of ChatGPT of using its published content without permission to train its artificial intelligence model. According to ANI, OpenAI has not sought lawful permission or licensing to use their materials, a claim…

EU to Decide on Nvidia’s Acquisition of Israeli AI Startup Run:ai by December 20
 |  Nov 19, 2024

The European Union (EU)’s antitrust regulators are expected to reach a decision regarding Nvidia’s proposed acquisition of Israeli artificial intelligence (AI) startup Run:ai by December 20, according to a filing by the European Commission. The deal, announced in April, has raised concerns within the EU competition authority. The Commission warned…

California Enacts Legislation to Regulate Use of Generative AI in Healthcare
 |  Nov 19, 2024

California Governor Gavin Newsom signed Assembly Bill 3030 (AB 3030) into law, marking a significant step in regulating the use of generative artificial intelligence (GenAI) in healthcare settings. This new law, known as the Artificial Intelligence in Health Care Services Bill, will come into effect on January 1, 2025, and…

Loading...