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Regulation/Government Policy
China Hacking Was Undetectable for Some Who Had Less Expensive Microsoft Services
Biden administration officials are calling for changes to Microsoft’s cloud computing services after some victims of a recent Chinese cyber intrusion were unable to detect
Ripple Wins Early Dismissal of Some Claims in SEC Lawsuit
The cryptocurrency company won early dismissal of some regulatory allegations related to its sale of more than $1.4 billion worth of a digital token known
Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon
Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing
ChatGPT Under Investigation by FTC
The agency is investigating whether OpenAI’s chatbot has harmed individuals by publishing false information about them. Source link
Crypto Lender Celsius CEO Is Arrested, Sued by Regulators
Celsius Network founder Alex Mashinsky was arrested in New York early Thursday morning and charged with securities fraud. Source link
Insurers Are in the Hot Seat on Climate Change
Companies face rising risks and are under pressure from politicians. Source link
Google's Bard AI Chatbot Adds More Languages to Take On ChatGPT
The latest version will also include a privacy hub for all users. Source link
FTC Chair Lina Khan, Republicans to Face Off Over Twitter Probe
GOP critics says the Federal Trade Commission investigation is politically driven, a charge Khan disputes. Source link
Microsoft's Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new proposal. Source link
Regulators Take Another Crack at Shoring Up Money-Market Funds to Prevent Bailouts
The SEC is voting on new regulations as money funds’ holdings balloon this year. Source link