The European Union lawmakers have given a final approval to the world's first major regulatory framework aimed at governing AI, marking a pivotal moment for the tech industry. Garnering 523 votes in favor, against 46, with 49 abstentions, this legislative achievement underscores the EU's commitment to setting global standards in AI governance.
The authority fined Trento city council €50,000 for the deployment of two artificial intelligence-driven urban surveillance projects that violated data protection rules. After an in-depth investigation of the two projects, which were funded by EU, the authority found “multiple violations of privacy regulations” it said in a statement while recognizing the municipality acted in good faith.
A former employee at a motoring law practice has been disqualified from holding certain roles in firms regulated by the Solicitors Regulation Authority. Nathan Blake, formerly with Devon-based Patterson Law Limited, drafted an adjournment request which he backdated before forwarding to the instructed barrister. Following a review of Blake’s caseload, the firm found three other documents 'that caused concern'.
Algorithm-based digital decision making is already working behind the scenes in the justice system, the deputy head of civil justice has revealed. In an upbeat speech last month, Lord Justice Birss said that algorithm-based decision making - controversial because of the possibility of built-in bias - is already solving a problem at the online money claims service.
In 2020, Tesco revealed a new logo to more effectively market and promote its "Clubcards," or loyalty discount cards.
Meta is under pressure both in the United States and Europe over allegations that its apps are addictive and have caused fuel a youth mental health crisis.
A U.S. consumer advocacy group has filed a lawsuit against Starbucks, alleging that the coffee chain falsely promotes its tea and coffee as "ethically" sourced, while sourcing them from farms in Kenya, Brazil, and Guatemala plagued by human rights abuses.
Data broker X-Mode Social and its successor Outlogic LLC reached a settlement with the Federal Trade Commission prohibiting the company from sharing or selling sensitive location information.
Amazon is currently facing legal action over its pricing practices, with one lawsuit filed by US residents who purchased iPhones and iPads on the platform since January 2019. The legal action centers around the agreement Apple made with Amazon to discount its products, on the condition that the e-commerce platform reduced the number of third-party Apple resellers.
The global litigation cases related to exposures associated with environmental, social and governance (ESG) have more than doubled since 2015 to over 2,000. Almost the quarter of these cases occurred between 2020 and 2022.
We Are Entitled to Become the Exclusive Member from Turkey to the FraudNet organization reporting to the International Chamber of Commerce (ICC)!
Recently, an excessive increase in exchange rates has been observed in Turkey. For this reason, the Central Bank of the Republic of Turkey announced that the locally-based legal entities can benefit from their support if they convert their foreign currency and gold deposit and participation fund accounts into Turkish liras term deposit and participation accounts.