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U.S. Labor Secretary supports classifying gig workers as employees

by AIP Online Bureau | May 2, 2021 | Eco/Invest/Demography, International News, Technology

  A lot of gig workers in the United States should be classified as “employees” who deserve work benefits, President Biden’s labor secretary said on Thursday, suggesting a shift in policy that is likely to raise costs for companies that depend...

China orders fintech firms to stick to the rules as clampdown widens

by AIP Online Bureau | May 2, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent (0700.HK) and ByteDance, to order them to strengthen compliance with regulations, the central bank said. The move by the four...

EU calls for rethink of GMO rules for gene-edited crops

by AIP Online Bureau | May 2, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  BRUSSELS: The European Commission launched a review of EU rules on genetically modified organisms (GMOs) on Thursday, opening the door to a possible loosening of restrictions for plants resulting from gene-editing technology. Prompted by a 2018 ruling from the...

Blocking Google class action would deny justice, UK court told

by AIP Online Bureau | May 2, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  London: Blocking a proposed British class action against Google, that alleges it secretly tracked millions of iPhone users a decade ago, risks allowing big firms to behave with impunity, a lawyer told the Supreme Court on Thursday. Hugh Tomlinson, a lawyer for...

A City Tailor-Made for Self-Driving Cars? Toyota Is Building One 

by AIP Online Bureau | May 2, 2021 | Eco/Invest/Demography, International News, Technology

  In late February, Toyota Motor Corp. President Akio Toyoda gathered with a handful of Shinto priests in a white tent at the foot of Mount Fuji. The group prayed — as is customary when embarking on new builds in Japan — for the smooth completion of a...
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