NGOs Challenge EU’s Rollback of Sustainability Regulations: A Call for Transparency and Accountability A coalition of nonprofits has recently taken a bold step by filing a complaint with the European Ombudsman. Their grievance? The European Union’s concerning trend of watering down sustainability regulations. The move, according to the NGOs, is not only undemocratic but also […]
Russia plans to add cryptocurrency terms to the criminal code
Russia Plans to Add Cryptocurrency Terms to the Criminal Code Russia is gearing up to make significant changes to its legal framework by adding cryptocurrency terms to the criminal code. This move comes as the country aims to regulate the burgeoning crypto market and address the challenges posed by digital currencies. Legal experts have suggested […]
New rules in Thailand aim to tackle foreign P2P crypto services
New Regulations in Thailand to Regulate Foreign P2P Crypto Services In a bold move to combat online financial crimes and tighten control over digital asset businesses, the Thai Securities and Exchange Commission (SEC) has recently approved new emergency decrees. These regulations specifically target foreign peer-to-peer (P2P) crypto services operating within the country’s borders. The aim […]
OpenAI faces copyright debate over Ghibli-style images
OpenAI Faces Copyright Debate Over Ghibli-Style Images OpenAI, known for pushing the boundaries of artificial intelligence, has recently found itself in the midst of a copyright debate. The issue at hand revolves around the use of Ghibli-style images generated by AI, sparking concerns about intellectual property rights and the ethical implications of AI training on […]
Apparel Retailer Guess Gets Take-Private Offer From WHP Global
Guess Receives Take-Private Offer From WHP Global: What This Means for the Apparel Retailer Guess, the renowned apparel retailer, recently found itself in the spotlight as it received a take-private offer from WHP Global. The news sent shockwaves through the industry, with Guess shares surging over 30 percent in early trading on Monday. This unexpected […]
UK regulator sets deadline for assessing online content risks
UK Regulator Sets Deadline for Assessing Online Content Risks In a digital age where the internet plays a pivotal role in our daily lives, ensuring online safety has become a pressing concern. The United Kingdom has taken a crucial step towards this goal by setting a deadline for assessing the risks associated with online content. […]
Intuit expects solid Q3, but profit forecast falls short
Intuit’s AI-driven financial tools and tax season demand fuel strong revenue growth Intuit, the software company behind popular financial tools like QuickBooks and TurboTax, is gearing up for a solid third quarter performance. Despite the positive outlook, the company’s profit forecast has fallen short of expectations. Intuit’s reliance on AI-driven technologies and the seasonal peak […]
China says US curbs will harm global semiconductor industry
China Warns US: Pressure Tactics on Semiconductors Could Backfire Amidst the ongoing tensions between the United States and China, a new battleground has emerged in the form of the global semiconductor industry. Beijing has issued a stark warning to Washington, cautioning that the US’s pressure tactics on chips could have far-reaching consequences that may ultimately […]
FERC calls for clearer rules on co-located data centres
FERC Calls for Clearer Rules on Co-Located Data Centres The Federal Energy Regulatory Commission (FERC) has recently issued a directive to PJM Interconnection, a regional transmission organization, to either update its policies or provide justification for the existing rules concerning co-located data centers. This move by FERC underscores the increasing importance of regulatory clarity in […]
Nigeria’s new proposal to tax crypto transactions
Nigeria’s National Assembly Considers Taxing Crypto Transactions Nigeria, known for its bustling cryptocurrency market, is making waves once again with a new proposal that could potentially reshape the landscape of digital asset transactions. A bill currently under review in the National Assembly aims to introduce a formalized system for taxing transactions conducted on regulated exchanges. […]