Social media platforms such as Elon Musk’s X and ByteDance’s TikTok will be subject to EU fines for lax moderation within weeks, as Brussels rolls out its first binding regime to fight election disinformation, the Financial Times reported on Wednesday.
A woman accused of converting bitcoin into cash and property to help hide the proceeds of a 5 billion pound ($6.3 billion) fraud was this week convicted of one count of money laundering after a trial in a London court.
Disruptions from the Feb. 21 hack at UnitedHealth Group’s tech unit created a cash crunch for small healthcare providers and led to a U.S. health department probe into whether there was a breach of protected health data.
Intel is planning a $100 billion spending spree across four U.S. states to build and expand factories after securing $19.5 billion in federal grants and loans – and it hopes to secure another $25 billion in tax breaks.
Britain’s payments regulator said on Wednesday the sector faces “targeted intervention” to increase competition and remove barriers to innovation and “pockets of market power” that leave customers picking up the bill.
France’s competition watchdog on Wednesday said it fined Alphabet’s Google 250 million euros ($271.73 million) for breaches linked to EU intellectual property rules in its relationship with media publishers, citing concerns about the company’s AI service.
Major U.S. broadband internet providers must start displaying information similar to nutrition labels on food products to help consumers shop for services starting on April 10, under new rules from the Federal Communications Commission (FCC).
Dutch high tech firm VDL will build a new factory to make semiconductor manufacturing components in Vietnam, it said on Wednesday, as the Asian country grows in importance as an assembly and packaging hub in the chipmaking industry.
China’s Tencent Music Entertainment Group beat fourth-quarter revenue estimates on Tuesday, driven by growth in paid subscription on its Spotify-like music streaming platform.
Russia said on Wednesday that it knew about U.S. intelligence efforts to use commercial satellite operators such as SpaceX and cautioned that such moves made their satellites legitimate targets.
