If ultimately approved, the new bill would be the world’s first legal framework for regulating artificial intelligence, including generative AI affecting music.
Google could lose huge parts of its $225 billion ad business.
Google was hit with a new antitrust complaint Wednesday, fresh from EU regulators who say the search giant may need to sell part of its online advertising empire. The formal statement of objections ratchets up pressure as Google contends with two other…
European Union regulators filed new antitrust charges against Google, which could lead to fines and orders for the company to change its business practices.
A draft law in the European Parliament has become the world’s most far-reaching attempt to address the potentially harmful effects of artificial intelligence.
Google’s ad revenue amounted to nearly $225 billion in 2022.
“This decision is flawed, unjustified and sets a dangerous precedent for the countless other companies transferring data between the EU and U.S.,” said Meta’s president of global affairs.
The Facebook owner said it would appeal an order to stop sending data about European Union users to the United States.
Sweeping regulations require licenses for all crypto providers.
The green light follows objections to the blockbuster deal by American and British regulators on the grounds that it would undercut competition.
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