TechREG

US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
September 12, 2023  |  artificial intelligence

The U.S. government’s track record of keeping up with innovative technology is relatively lackluster. No new law meant to regulate the tech sector has been...

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Visa Investment Helps Form3 Expand Anti-Fraud Efforts
Visa Investment Helps Form3 Expand Anti-Fraud Efforts
September 12, 2023  |  Security & Fraud

Account-to-account (A2A) platform Form3 says Visa is a believer in its anti-fraud efforts. To that end, the payments giant has invested in the British company...

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Standard Deviation? Private Rule-Making Under the EU AI Act
Standard Deviation? Private Rule-Making Under the EU AI Act
September 12, 2023  |  Regulation

The proposed EU AI Act (AIA) is an omnibus piece of legislation. It aims to provide the world’s first “horizontal” regulatory framework for AI, not...

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Tech Companies Point to Self-Regulatory Strategies Before Senate AI Hearings 
Tech Companies Point to Self-Regulatory Strategies Before Senate AI Hearings 
September 11, 2023  |  Regulation

U.S. lawmakers are hitting the ground running on creating an artificial intelligence (AI) policy.  Big Tech companies are rushing to prove that they can get there first...

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European Commission Delays Decision on Amazon’s Acquisition of iRobot
European Commission Delays Decision on Amazon’s Acquisition of iRobot
September 11, 2023  |  Acquisitions

European Union (EU) antitrust regulators have reportedly put a temporary halt to their investigation into Amazon‘s $1.7 billion acquisition of robot vacuum cleaner maker iRobot. The European Commission (EC), responsible...

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Meta Revamps WhatsApp to Meet EU ‘Gatekeeper’ Rules
Meta Revamps WhatsApp to Meet EU ‘Gatekeeper’ Rules
September 11, 2023  |  Meta

Meta has reportedly updated WhatsApp to comply with new European Union (EU) rules. As TechCrunch reported Monday (Sept. 11), the tech giant is developing a...

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Wells Fargo Fake Accounts Settlements Nears $5 Billion Mark
Wells Fargo Fake Accounts Settlements Nears $5 Billion Mark
September 10, 2023  |  Legal

Wells Fargo will pay $1 billion to settle an investor lawsuit tied to authorized customer accounts. The settlement was approved Friday (Sept. 8) by U.S. District...

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This Week in AI: Deepfakes, Vertical Horizons and Smarter Assistance 
This Week in AI: Deepfakes, Vertical Horizons and Smarter Assistance 
September 08, 2023  |  artificial intelligence

Is it Moore’s Law, or more’s law?  Anyone keeping an eye on the generative artificial intelligence (AI) landscape could be forgiven for confusing the two. ...

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Tether Sees Market Cap Drop Amid Broader Stablecoin Troubles
Tether Sees Market Cap Drop Amid Broader Stablecoin Troubles
September 03, 2023  |  Cryptocurrency

Tether has seen its market capitalization fall for the first time in nine months amid a shaky stablecoin market. Tether’s USDT token’s market cap fell 1.2%...

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