TechREG

Microsoft Points to a ‘Generational Shift’ In Web Search Triggered By OpenAI
Microsoft Points to a ‘Generational Shift’ In Web Search Triggered By OpenAI
April 25, 2023  |  Earnings

Generative AI is having transformational impacts on Microsoft, which is infusing its entire product suite from Dynamics 365 to Azure to Teams and beyond with...

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US Regulators Say AI-Powered Decisions Must Follow the Law
US Regulators Say AI-Powered Decisions Must Follow the Law
April 25, 2023  |  artificial intelligence

Decisions made for companies by artificial intelligence (AI) still have to adhere to the law. So said four federal agencies in a joint statement released...

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Yelp Hoping LLMs and AI can Boost Its Search Features
Yelp Hoping LLMs and AI can Boost Its Search Features
April 25, 2023  |  artificial intelligence

Yelp is the latest tech company hitching its wagon to the artificial intelligence star. The business director and review forum on Tuesday (April 25) rolled...

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FSOC Approves Proposals Focused on Countering Potential Risks to Stability
FSOC Approves Proposals Focused on Countering Potential Risks to Stability
April 21, 2023  |  Regulation

The Financial Stability Oversight Council (FSOC) of the U.S. Treasury announced two proposals to counter potential risks. One proposal would provide greater transparency about how the Council identifies,...

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Calls to Pause AI Development Miss the Point of Innovation
Calls to Pause AI Development Miss the Point of Innovation
April 05, 2023  |  artificial intelligence

Innovations transform the economy and change the realities of daily life. The sign of a healthy, competitive market is one where the doors are open...

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Will FedNow’s July Launch Make Crypto and Stablecoins Redundant?
Will FedNow’s July Launch Make Crypto and Stablecoins Redundant?
April 03, 2023  |  Payment Methods

Digital is often a one-way street, and the finance sector appears to be taking it. This is as the future of money movement looks set...

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UK Antitrust Investigation of Apple Stopped After Appeal Win
UK Antitrust Investigation of Apple Stopped After Appeal Win
March 31, 2023  |  ANTITRUST

A United Kingdom regulator’s investigation of Apple has been halted. The Competition and Markets Authority (CMA) had decided to investigate the supply of mobile browsers and browser...

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Yellen Says US Must Address Vulnerabilities in ‘Shadow Banking’
Yellen Says US Must Address Vulnerabilities in ‘Shadow Banking’
March 30, 2023  |  Digital-First Banking

U.S. Treasury Secretary Janet Yellen wants more oversight for the nonbank sector. In remarks to the National Association for Business Economics annual conference Thursday (March 30), Yellen addressed the...

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CFPB Says States Can Extend Disclosure Laws to Commercial Financing
CFPB Says States Can Extend Disclosure Laws to Commercial Financing
March 28, 2023  |  Regulation

States can continue extending disclosure laws covering lending to businesses. The Consumer Financial Protection Bureau (CFPB) said in a Tuesday (March 28) preemption determination that such state laws are...

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