Report from Reuters In Brief – Nvidia’s giant business deal with OpenAI, with the market-leading AI chipmaker investing up to $100 billion in OpenAI, allowing the market-leading AI chatbot developer to buy millions of chips from Nvidia that will be housed in new...
EU Talking Google AdTech Breakup with US Remedies Trial Underway
Report from Euractiv In Brief – When the European Commission hit Google with a $3.45 billion fine for a range of anti-competitive practices in its vast AdTech business, the regulator ordered Google to end self-preferencing practices and implement measures to cease its...
US Second Circuit Asks NY State Court to Interpret Social Media Law
Report from MediaPost In Brief – New York’s highest court has agreed to review the state’s “Hateful Conduct Act” at the request of the US Second Circuit of Appeals which is considering a challenge to the law that requires social platforms to accept complaints about...
Australia’s 16-Year-Old Social Media Ban May Apply to More Platforms
Report from ABC News In Brief – With Australia’s 16-year-old age limit for social media going into effect on December 10, the country’s eSafety Commissioner has indicated that the ban could apply to more platforms beyond Facebook, Instagram, Snapchat, TikTok, X, and...
Meta Bringing Ad-Free Facebook and Instagram Subscriptions of the UK
Report from The Times In Brief – Meta has announced that it will offer ad-free versions of Facebook and Instagram by subscription in Great Britain. The move follows settlement of a privacy lawsuit brought by digital accountability advocate Tanya O’Connell and...
EU May Block Digital Gatekeepers from New Consumer Finance Data Regime
Report from the Financial Times In Brief – The European Union appears set to prevent the largest US tech giants from participating in a new system of consumer financial data sharing. The EU’s Financial Data Access (FiDA) regulation is intended to give consumers the...
Roblox Sued by Kentucky for Harming Teens
Report from AP News In Brief – The Attorney General of Kentucky has filed a lawsuit against Roblox, a vast platform of user-generated games and interactive experiences, accusing the company of failing to protect children and that the platform is a “playground for...
EU Investigating How Four More Large Platforms Protect Minors
Report from Courthouse News In Brief – The European Commission has asked Snapchat, YouTube, Apple’s App Store and Google Play how they protect children on their platforms, including how they attempt to verify users’ ages and prevent minors from accessing harmful...
California Joins Social Media Warning Label Movement
Report from Politico In Brief – California has enacted legislation requiring social media platforms to display warning labels to users unless the platform has “reasonably determined” that they are over age 17. The required warning label reads, “The Surgeon General has...
Google Makes Another Vertical Search Offer to Comply with the EU DMA
Report from Reuters In Brief – Google has proposed more changes to its search results page to improve the visibility of “vertical” search competitors, such as those specializing in hotels, airfares, or local services, to resolve the European Commission’s preliminary...
Sen. Blackburn Proposes Combining AI Regulation with Anti-Internet Priorities
Report from Roll Call In Brief – Sen. Marsha Blackburn (R-TN), a leading Republican critic of Big Tech companies, has released a nearly 300-page draft of federal AI regulation. Titled the “TRUMP AMERICA AI Act”, it preempts state AI laws in place of federal...
US Supreme Court Soundly Rejects Broad ISP Liability for User Piracy
Report from the New York Times In Brief – The Supreme Court has unanimously ruled that Cox Communications cannot be held liable for copyright infringement committed by its users, even if the company knows some customers engage in piracy and yet it does not cut them...
Tech Trade Group Challenges Chicago’s Social Media Tax
Report from the Chicago Sun-Times In Brief – NetChoice, a digital company trade group, is suing to block the City of Chicago’s new social media tax, arguing it violates the First Amendment and the federal Permanent Internet Tax Freedom Act (PITFA). The new tax extends...
Big Trial Losses for Social Media Giants in New Mexico and Los Angeles
Reports from CNBC and the Wall Street Journal In Brief – A New Mexico state court jury has found Meta liable for $375 million in civil damages in a lawsuit brought by the Attorney General of New Mexico for misleading users about the safety of its platforms and...
4chan Fined by UK Ofcom for Failing to Protect Children From Pornography
Report from Sky News In Brief – Ofcom, the UK online safety regulator, has fined 4chan £450,000 for failing to prevent children from accessing pornography. The regulator also ordered the platform to introduce effective age checks by April 2 or face additional fines of...
Platform Economy Insights produces a short email four times a week that reviews two top stories with concise analysis. It is the best way to keep on top of the news you should know. Sign up for this free email here.
