Privacy regulators from around the world are stepping up scrutiny of generative AI tools capable of producing realistic images and videos of real people, warning that the technology is already being used in ways that threaten privacy, dignity, and safety.
Two companies operating in New Zealand’s courier market have been ordered to pay a combined $724,000 USD ($1.225 million NZD) after the country’s competition regulator uncovered cartel conduct involving agreements that restricted competition between courier providers.
The UK Financial Conduct Authority has fined John Wood Group £12,993,700 after concluding the company published misleading financial information in several of its recent earnings announcements.
Japan’s Fair Trade Commission has opened a new investigation into Microsoft, examining whether the company’s licensing practices around its enterprise software may be steering customers toward its own cloud platform and away from competing services.
A brokerage firm owned by Goldman Sachs has agreed to pay a $1.3 million fine after regulators found the firm failed to properly review whether its customers were receiving the best available trade executions.
The Office of the Comptroller of the Currency has finalized two rule changes aimed at reducing compliance burdens for community banks, eliminating an outdated reporting requirement and expanding streamlined approval pathways for certain corporate activities.
A cyberattack on research systems at the University of Hawaiʻi Cancer Center has exposed personal data connected to roughly 1.2 million individuals, according to incident disclosures released by the university in late February.