Apple will open up its tap-and-go mobile payment system to rivals, allowing third party providers to access the contactless function on its iOS operating system. OpenAI has claimed that a ban on the use of news and books to train models would doom the development of artificial intelligence. Nearly 40 per cent of global employment… [Read More]
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Round-up of the latest industry news – December 2023
Adobe and Figma have ended their merger plan after regulators’ investigations Open AI and Axel Springer have struck a ‘landmark deal’ for the media industry The EU’s agreement on the AI Act has been met with a mixed response AI has been declared an ‘emerging threat’ to financial stability for the first time Google has… [Read More]
Round-up of the latest industry news – November 2023
The world’s first ‘AI Safety Summit’ has ended with a series of agreements reached among the 29 governments that attended. Apple, Meta and TikTok are appealing against the EU’s designation of their services as ‘gatekeepers’ under the Digital Markets Act. The Australian competition regulator, the ACCC, has released its latest report for the digital platform… [Read More]
Round-up of the latest industry news – October 2023
Google will run undersea cables to eight Pacific Ocean nations under a joint US-Australian deal, says Reuters. Indonesia has introduced a new regulation prohibiting social media companies from using their platforms for online sales. The EU’s AI Act is said to be making progress as lawmakers agreed a critical part of the new rules. The… [Read More]
Round-up of the latest industry news – September 2023
Most NFTs (non-fungible tokens) are now worthless, according to a report from crypto gambling company dappGambl. NFTs are a crypto asset that certifies digital ownership, Microsoft is expanding its plans to integrate small modular reactors (SMRs) into the energy mix for its datacentres. The Gambia will connect to a second fibre optic submarine cable by… [Read More]
Round-up of the latest industry news – July 2023
Amazon has claimed that it is not a ‘Very Large Online Platform’ under the Digital Services Act and should not be designated as such. It is taking action at the EU General Court to challenge the European Commission decision that the company meets the criteria and must comply with the new regulations. Amazon is arguing… [Read More]