regulators
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Microsoft-OpenAI investigation closed by UK regulators
The UK’s Competition and Markets Authority (CMA) spent a great deal of time deciding whether it should investigate Microsoft’s investment in OpenAI as a potential merger situation, but in the end, decided to open and close the investigation within 24 hours. In explaining why the the investigation was closed so quickly, Joel Bamford, CMA executive director, wrote in a LinkedIn…
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Google wants regulators to break up Microsoft’s OpenAI deal
Google has asked the US Federal Trade Commission (FTC) to break up Microsoft’s partnership with OpenAI over competition concerns. The firm is asking the regulator to examine an exclusive agreement that ensures OpenAI’s technology is hosted on Microsoft’s cloud platform, reports from The Information suggest. A conversation over the potential move occurred after the FTC asked Google about business practices…
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Google Changes Search Features to Appease EU Regulators
Google has announced several changes to its Search features to comply with the E.U.’s Digital Markets Act. These changes are intended to level the playing field between the tech giant and third-party comparison sites. The Alphabet-owned company will introduce search result layouts that give equal prominence to results from comparison sites and direct supplier websites, such as airlines, hotels, or…
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AWS dealt major blow in nuclear-powered data center deal after regulators reject upgrade plans
US regulators have refused approval for an increase in the amount of energy set to be supplied to an Amazon data center directly connected to a nuclear power plant. Finding new energy sources has become increasingly necessary as hyperscalers like AWS seek to power the rise of AI. Because of that, in March, AWS shelled out $650 million in a…
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Regulators Aim to Crack Down on Infant ‘Neck Floats’ After Two Deaths and Dozens of Close Calls Reported
Infant neck floats are marketed to parents for use with babies as young as newborns as a way to lift their head out of the water while they float and play in a bathtub or pool. Some are hollow and inflatable, like the popular Otteroo brand, and others are made of firm foam. As many as 1 million neck floats…
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US safety regulators say it’s time to investigate Shein and Temu
Safety regulators are urging the US Consumer Product Safety Commission (CPSC) to investigate the ultracheap e-commerce platforms Shein and Temu. In a statement published Tuesday, two CPSC commissioners say Shein and Temu “raise specific concerns,” including reports that “deadly baby and toddler products are easy to find on these platforms.” The statement cites last month’s report from The Information, which…
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