Philippines Introduces New Internet Transactions Regulations
The Philippines has taken a significant step in regulating its digital economy with the introduction of Joint Administrative Order No. 24-03, Series of 2024. This regulatory framework sets forth the Implementing Rules and Regulations (IRR) for the Internet Transactions Act…
Amazon Gives Hourly Workers Pay Raise, Free Prime Membership
In a significant move that emphasizes corporate responsibility and employee welfare, Amazon has announced a pay increase for its hourly frontline workers, alongside enhanced benefits. This decision reflects a broader trend among major retailers to attract and retain talent through…
EU Publishers Reject Google's Offer to Settle Antitrust Case
In a bold move against one of the world’s largest tech companies, European publishers have officially rejected Google’s proposal aimed at settling an ongoing antitrust investigation. This investigation is centered on concerns over Google’s dominant position in the digital advertising…
Google Overturns €1.49 Billion Antitrust Fine in EU Court
On September 18, 2024, Google achieved a significant legal victory by overturning a €1.49 billion (approximately $1.66 billion) antitrust fine imposed by the European Commission in 2019. This fine was initially levied due to allegations that Google leveraged its dominant…
KROGER IN COURT: Washington State Wants to Avoid Another Haggen Fiasco
As the legal landscape surrounding the grocery industry continues to change, the recent trial regarding the proposed $24.6 billion merger between The Kroger Co. and Albertsons Cos. has drawn significant attention. Started on September 16 in Seattle, Washington state officials…
Gen reveals 24% rise in ransomware attacks on consumers
In a striking revelation, the inaugural Gen Threat Report released by Avast, a notable security and privacy brand under Gen, indicates a substantial 24% rise in ransomware attacks targeting consumers. This increase, documented quarter over quarter, draws attention not merely…
23andMe to Pay $30 Million in Data Breach Settlement
In an important legal settlement, 23andMe, the well-known personal genomics company, has agreed to pay $30 million due to a significant data breach affecting nearly 6.9 million users. This breach, which lasted for five months, compromised sensitive information, including DNA…
India Antitrust Probe: Amazon and Flipkart Found in Breach of Competition Laws
An investigation by the Competition Commission of India (CCI) has revealed significant violations of local competition laws by two leading e-commerce giants, Amazon and Flipkart. The findings indicate that these companies prioritized certain sellers on their platforms, which raises serious…
OpenAI's o1 Model: The Future of Complex Reasoning in AI?
OpenAI has recently announced its latest language model, o1, which it claims boasts remarkable advancements in complex reasoning abilities. This model proposes to match, or even exceed, human performance in various fields such as mathematics, programming, and scientific knowledge. But…
TWIG Podcast: Food Delivery's Role in Living a Healthier Lifestyle
In recent conversations about food delivery services, the debate often centers on convenience versus community impact. However, as Khadijah Abdullah, Shipt’s Vice President of Economic and Social Impact, illustrates, it is possible for businesses to prioritize both objectives. In the…
