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]
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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]
Round-up of the latest industry news – June 2023
A study conducted by AI researchers at Stanford University indicates that OpenAI, Google and Meta all fall short, particularly on the topic of copyright. In its latest antitrust action against Big Tech companies, the US Federal Trade Commission has sued Amazon over its Prime service. Meta has announced that it will be ending news access… [Read More]
Round-up of the latest industry news – May 2023
The BBC has launched ‘BBC Verify’, a brand aiming to build audience trust by showing how its journalists know what they are reporting is true. The EU has fined Meta, owner of Facebook, 1.2 billion euros for privacy violations and ordered to suspend transfers of user data to the US. Read more
Round-up of the latest industry news – April 2023
The European Commission has adopted the first designation decisions under the Digital Services Act, designating 17 Very Large Online Platforms (VLOPs) and 2 Very Large Search Engines (VLOSEs). Designated companies now have four months to comply with their obligations under the act. Details and full list here. Read more
Round-up of the latest industry news – March 2023
Work on the EU’s new AI Act is thought to be nearing completion as lawmakers attempt to close negotiations with members of the European Parliament. The Artificial Intelligence Act is the EU’s next flagship piece of regulation and the world’s first attempt to regulate AI based on its potential for harm. Member states have also… [Read More]