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Recent #Regulation news in the semiconductor industry

tweaktown
4 months ago

European regulators put X in its sights with demands to turn over its algorithm

➀ European regulators have issued new orders requiring X to provide its recommendation algorithm for assessment to determine if it breaches any EU laws.

➁ The EU has demanded X provide it with internal documentation on the recommendation systems used across the website to serve users' content.

➂ The European Commission has requested X provide it with any documentation on recent changes to the content recommendation system and any planned changes between now and the end of 2025.

AIAlgorithmEURegulationsocial media
tweaktown
8 months ago

17 countries call for regulation on virtual currencies like V-Bucks and COD Points

➀ 17 countries have called for better regulation of virtual currencies in the European Union; ➁ The Norwegian Consumer Council has partnered with other consumer protection agencies to address the billion-dollar virtual currency market; ➂ The report highlights the use of psychological tactics by game companies to encourage spending.
Consumer ProtectionRegulationVirtual Currencygamingmicrotransactions
tweaktown
10 months ago

Microsoft responds to the FTC deeming Game Pass a 'degraded product'

1. Microsoft has responded to the FTC's claim that the Game Pass price increase is evidence of 'product degradation'. 2. The FTC alleges that Microsoft's decision to increase the price of Game Pass after acquiring Activision-Blizzard demonstrates market power. 3. Microsoft argues that the new Game Pass tiers offer more value, including multiplayer functionality that was previously separate.
MicrosoftRegulationgaming
tweaktown
11 months ago

South Korea lawmaker submits 'All-Out War' strategy in new special semiconductor bill

1. South Korean lawmaker and former Samsung Electronics president Ko Dong-jim has submitted a new bill for government support of the semiconductor industry, dubbed the 'All-Out War' strategy. 2. The bill aims to centralize semiconductor industry regulations through a proposed 'Presidential Semiconductor Industry Competitiveness Enhancement Committee'. 3. The legislation includes fast-tracking permits, rapid infrastructure construction, legal plans for competitiveness, designation of semiconductor clusters, and government subsidies for production facilities and infrastructure.
RegulationSemiconductor Industrygovernment support
electronicsweekly
4 months ago

JD undiluted

JD Vance from the Trump administration addressed the Paris AI Conference, emphasizing the opportunities of AI and cautioning against excessive regulation. He highlighted the importance of maintaining AI as a tool for economic innovation, job creation, and national security, without falling into ideological biases or restrictive policies.

Vance also mentioned the administration's commitment to keeping the US at the forefront of AI development and the importance of fostering international collaboration.

He expressed concern over reports of foreign governments considering restrictive policies on US tech companies and emphasized the importance of innovation and free speech in the development of AI.

AIRegulationUSAbusinessinnovationsecuritytechnology
electronicsweekly
4 months ago

Regulators, Lawyers, Replicators

➀ The article discusses the evolution of concerns surrounding AI, starting with regulators worried about job losses and AI's potential to create malevolent super intelligence.

➁ It then shifts to lawyers focusing on copyright infringement related to AI training data.

➂ The most recent concern highlighted is the rise of 'replicators' who use other companies' LLMs to create AI programs at a low cost.

AIMarketRegulationdevelopmenteconomicstechnology
idw-online
7 months ago

Creating Value with AI: 'Competencies and Framework Conditions Are Crucial'

➀ Artificial Intelligence (AI) is expected to change business processes and our work life in various areas in the coming years. Its application can positively affect product and service quality as well as employees if automated processes in the daily work create new spaces for higher-value activities. For AI value creation to be successful overall, the perspective of users must also be considered in the implementation of AI. ➁ Irene Bertschek, Director of the Research Area 'Digital Economy' at ZEW - Leibniz Centre for European Economic Research Mannheim and Professor of 'Economics of Digitalization' at Justus-Liebig University Giessen, explains the opportunities and challenges associated with this. ➂ Bertschek emphasizes that while AI is not a panacea, it is crucial for companies to identify specific processes or tasks where AI can help solve problems. Data and skills are essential for AI to contribute to innovation and productivity in companies.
AIDigitalizationEconomyPolicyRegulationbusinessinnovationtechnology
weixin
10 months ago

Apple Opens NFC Access to Developers Amid Regulatory Pressure

➀ Apple announces that starting from iOS 18.1, developers can use the Secure Element in iPhones to enable NFC functionalities in their apps without using Apple Pay or Apple Wallet. ➁ This move allows for various NFC applications including contactless payments, access control, and more. ➂ Developers need to sign a business agreement with Apple and pay a yet-undisclosed fee. ➃ Apple emphasizes the use of advanced security technologies to protect user privacy and safety. ➄ Apple's decision follows regulatory pressure from the EU, which has led to broader concessions including opening up third-party app downloads and payment systems.
AppleRegulationtechnology
zdnet
10 months ago

Apple Revises App Store Policies in Europe

1. Apple has revised its App Store policies in Europe to avoid fines from regulators; 2. The update includes mechanisms that allow developers to freely guide consumers to alternative payment options outside the App Store; 3. Apple previously introduced a system known as 'StoreKit External Purchase Link Entitlement' but faced criticism from the European Union for restricting promotional activities on preferred platforms.
App StoreAppleRegulation
zdnet
10 months ago

EU Enacts World's First AI Legislation

1. The European Union (EU) has enacted the world's first AI legislation to promote the safe and responsible development and use of AI technology. 2. The law, which took effect on the 1st of this month, includes strict regulations for high-risk and generative AI systems. 3. The legislation sets a global standard with its risk-based approach and penalties for non-compliance.
AIEURegulation
kitguru
11 months ago

FTC takes aim at Microsoft over Game Pass price increase

1. The FTC has accused Microsoft of breaking promises made during the Activision Blizzard acquisition by raising Game Pass prices. 2. Microsoft is discontinuing the Console Game Pass and introducing a new 'standard' tier without day-one game access, while increasing the price of Game Pass Ultimate. 3. The FTC claims these changes as evidence of market abuse and consumer harm, potentially impacting the ongoing case against the acquisition.
RegulationSubscription Servicegaming
theregister
11 months ago

Airbn-bye: Barcelona bans short-term apartment rentals for tourists

1. Barcelona plans to let all tourist rental licenses expire by 2028, effectively banning short-term rentals. 2. The move aims to address a housing crisis exacerbated by platforms like Airbnb and Vrbo, which have reportedly increased rents by 68% in the past decade. 3. The ban is supported by a decree law allowing officials to force landlords to offer affordable housing, aiming to increase the city's residential housing stock.
Housing CrisisRegulationTourism