Italy’s Ban on ChatGPT: A Call for Action

Italy’s recent ban on ChatGPT has caused quite a stir among European regulators, sparking debates and discussions about AI regulation. While parts of the world are focused on dealing with the TikTok ban dilemma, Italy has taken a proactive stance on ChatGPT. Until April 30th, Italy has blocked access to the AI tool. This decision […]

Factbox - Governments’ Efforts to Regulate AI Tools

Italy’s data protection agency said on Wednesday it would lift its temporary ban on OpenAI’s ChatGPT artificial intelligence (AI) technology if the U.S. company complied with data protection and privacy demands by end-April. Rapid advances in AI such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use of the […]

Italy Probes Meta Over Abuse of Position in Music Rights Case

Italy’s antitrust authority said on Wednesday it would investigate Meta Platform over the possible abuse of its position in talks over the rights to music posted on Meta’s platforms and potentially hurting competition in the sector. The dispute involved the Italian society of authors and publishers, SIAE. According to the antitrust regulator, Mark Zuckerberg’s company […]

U.S to Detail Plan to Draw Clean Energy Into Oil, Coal Communities

The Biden administration on Tuesday will release final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal. The Inflation Reduction Act (IRA) passed last year by Democrats extended a 30% tax credit for wind, solar and other green energy […]

Capsized Credit Suisse Faces Shareholder Fury

Credit Suisse is expected to face shareholder anger at what will be its final annual general meeting on Tuesday after the bank was rescued last month by rival UBS. The hastily arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have had a say, and largely […]