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US Taking Steps To Put Google Under Federal Supervision, Report Says
The US Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.
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US FCC Adopts Rules That Require All Smartphones to Offer Hearing Aid Support
The US Federal Communications Commission (FCC) has adopted new rules mandating that all mobile phones released in the country must be compatible with hearing aids and adhere to volume control standards that allow users to hear sounds at a louder volume without introducing distortion. This initiative seeks to enhance accessibility for the 48 million...
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US Supreme Court Ruling Curbs Federal Agencies Powers
The conservative-majority US Supreme Court on Friday overturned 40 years of legal precedent to weaken the power of federal agencies, which regulate myriad issues affecting the everyday lives of Americans, from air pollution to food and drugs.
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US Regulators Accuse TikTok Of Violating Child Privacy Laws
The US Federal Trade Commission (FTC) has referred a complaint against the popular video-sharing app TikTok and its Chinese parent company ByteDance to the Department of Justice, alleging that they failed to protect the privacy of children.
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US Regulators Target Microsoft, OpenAI Violations In AI Antitrust Probe
The US Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry.
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US Banking Regulator Resigns After Reports Reveal Toxic Workplace Culture
A top US banking regulator offered his resignation Monday after an independent report found evidence of widespread sexual misconduct and a "patriarchal" culture at the agency he leads.
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Elon Musk May Be Ordered To Testify Again In US Regulator's Twitter Takeover Probe
A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter.
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Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market
The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com.
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Elon Musk Ordered To Testify In US Regulator's Twitter Takeover Probe
A federal judge ordered Elon Musk to testify again in the US Securities and Exchange Commission's probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for the interview.
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Coinbase Crypto Exchange, US SEC Lock Horns in US Court Over Digital Assets as Securities
A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry.
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US Supreme Court Weighs Limitations To Federal Agencies' Regulatory Powers
The US Supreme Court on Tuesday began hearing a series of cases that could result in a generational contraction in the power of federal agencies to regulate businesses and corporate fraud.
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SEC Wrong to Deny Grayscale Spot Bitcoin ETF Proposal: US Court
The US securities regulator was wrong to reject an application from Grayscale Investments to create a spot bitcoin exchange-traded fund, a federal appeals court ruled on Tuesday, in a landmark victory that could pave the way for the first product of its kind.
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SpaceX Sued by US Justice Department Over Alleged Discrimination in Hiring
The US Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum seekers and refugees in hiring. In job postings and public statements over several years, SpaceX wrongly claimed that under federal regulations known as export control laws, SpaceX could hire only US citizens an...
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Banks Must Obtain Written Non-Objection to Transact in Stablecoins, Says US Federal Reserve
State banks that are a member of the US Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used to facilitate payments, such as stablecoins, the central bank said in a new supervisory letter Tuesday.
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Microsoft Asks London Court for Two-Month Pause of Appeal Over Activision Deal
Microsoft on Monday asked a London tribunal to pause its appeal against Britain's block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain's competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block ...
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US Taking Steps To Put Google Under Federal Supervision, Report Says
The US Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.
-
US FCC Adopts Rules That Require All Smartphones to Offer Hearing Aid Support
The US Federal Communications Commission (FCC) has adopted new rules mandating that all mobile phones released in the country must be compatible with hearing aids and adhere to volume control standards that allow users to hear sounds at a louder volume without introducing distortion. This initiative seeks to enhance accessibility for the 48 million...
-
US Supreme Court Ruling Curbs Federal Agencies Powers
The conservative-majority US Supreme Court on Friday overturned 40 years of legal precedent to weaken the power of federal agencies, which regulate myriad issues affecting the everyday lives of Americans, from air pollution to food and drugs.
-
US Regulators Accuse TikTok Of Violating Child Privacy Laws
The US Federal Trade Commission (FTC) has referred a complaint against the popular video-sharing app TikTok and its Chinese parent company ByteDance to the Department of Justice, alleging that they failed to protect the privacy of children.
-
US Regulators Target Microsoft, OpenAI Violations In AI Antitrust Probe
The US Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry.
-
US Banking Regulator Resigns After Reports Reveal Toxic Workplace Culture
A top US banking regulator offered his resignation Monday after an independent report found evidence of widespread sexual misconduct and a "patriarchal" culture at the agency he leads.
-
Elon Musk May Be Ordered To Testify Again In US Regulator's Twitter Takeover Probe
A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter.
-
Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market
The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com.
-
Elon Musk Ordered To Testify In US Regulator's Twitter Takeover Probe
A federal judge ordered Elon Musk to testify again in the US Securities and Exchange Commission's probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for the interview.
-
Coinbase Crypto Exchange, US SEC Lock Horns in US Court Over Digital Assets as Securities
A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry.
-
US Supreme Court Weighs Limitations To Federal Agencies' Regulatory Powers
The US Supreme Court on Tuesday began hearing a series of cases that could result in a generational contraction in the power of federal agencies to regulate businesses and corporate fraud.
-
SEC Wrong to Deny Grayscale Spot Bitcoin ETF Proposal: US Court
The US securities regulator was wrong to reject an application from Grayscale Investments to create a spot bitcoin exchange-traded fund, a federal appeals court ruled on Tuesday, in a landmark victory that could pave the way for the first product of its kind.
-
SpaceX Sued by US Justice Department Over Alleged Discrimination in Hiring
The US Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum seekers and refugees in hiring. In job postings and public statements over several years, SpaceX wrongly claimed that under federal regulations known as export control laws, SpaceX could hire only US citizens an...
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Banks Must Obtain Written Non-Objection to Transact in Stablecoins, Says US Federal Reserve
State banks that are a member of the US Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used to facilitate payments, such as stablecoins, the central bank said in a new supervisory letter Tuesday.
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Microsoft Asks London Court for Two-Month Pause of Appeal Over Activision Deal
Microsoft on Monday asked a London tribunal to pause its appeal against Britain's block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain's competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block ...
