A senior policy maker at the Bank of England has warned that Bitcoin and other cryptocurrencies may soon risk the financial stability of global economies unless governments prioritise stricter regulation.
Law firm Mischon De Reya leads a class-action against Deepmind for its mishandling of NHS data.
As globalisation and digitisation allow businesses more choice over governing jurisdiction, a report has identified an opportunity to establish English law as the go-to in emerging sectors and industries (think fintech and crypto assets).
Frances Haugen, former Facebook employee, accuses the company of unethical practices to drive engagement at the expense of user wellbeing and public interest.
The European Commission (EC) has launched a proposal requiring all small tech devices sold in the EU to use the USB-C charging port. This is likely to result in serious ramifications for tech firms; Apple in particular will feel the bite, given the unrivalled incompatibility of its devices with others on the market.
“Big Tech” companies such as Apple, Facebook, Google, Amazon, and Microsoft are facing regulatory scrutiny following an acquisition spree this year at a record pace.
Some experts believe the recent surge in investment in altcoins is likely to result in a crypto market crash reminiscent of that witnessed in May 2021.
A recent report shows that Ireland’s data protection watchdog is failing to apply the EU’s privacy laws to US tech giants.
Coinciding with the democratisation of technology (the rapid increase in accessibility of technology), the emergence of “deepfakes” has experienced a meteoric rise. The term “deepfake” is an apt amalgamation of “deep-learning” and “fakes”, two concepts which exist independently of one another, but when combined have a greater, more ominous meaning. Deepfake is the term used whereby somebody’s face (and typically words) are superimposed onto another’s body in a video, changing the content of their expressions and speech for any agenda imaginable, often with nefarious intent. Indeed, with remarkable ease, we are now enabled to change people’s words and actions.
Investigations have commenced into both Tesla’s driver-assistance system ‘Autopilot’ and the marketing practices of Elon Musk (Tesla’s founder) for his over-emphasising of Autopilot’s capabilities. This follows several road traffic accidents and calls by US Senators, government departments and independent bodies to examine the company and its technology.